bitcoin back to $500 is likeley

[Trustor]

No never, we surely agree that market is red and the prices are dropping but seeing the bitcoins to drop to 500$ within a month is highly not likely at all
Bitcoins at this stage of time will not be able to make up till 500$ and as the market is low till we can expect a dip till 5000$ in a month as market fluctuates so thus the prices but not such a big dip at all
There are some people in the market who really don't understand how the market works and they just predict without any calculations and knowledge which they make themselves in loss and with that other persons also as they panic and sell all their coins so its better to no to worry now and wait for the market to grow it will surely jump one day.

[*TheDude*]

I think it is highly unlikely, the price you have quoted is unrealistic, bitcoin mining is also a major factor to calculate bitcoin's value, at the moment with the difficulty and other factors the cost to mine 0ne bitcoin is around $5500 which will increase as the difficulty increases, so i think the value of bitcoin can not fall below this mark otherwise mining operations can get suspended globally and this can cause major business suspension.

I am with you 100%, miners won't profit, so the real workers and "creators" of btc supply can afford a price below, they need to see their work is worth or else sleeping time for bitcoin, no one wants that, still people just want to buy the cheapest they can because the missed the boat but this low won't hodl too long imo.

[svojoe]

I don't believe in such a drop. It seems to me that bitcoin has already reached high popularity and this will not allow it to descend to so low price. In addition, manipulators won't dare to dump the price to this level.

[oseikuf44]

As at now as bitcoin is trading at $6500, It is near impossible for it to decline to such an extent. Bitcoin will go up than the price it is trading, so if you are thinking it will decline to such a price of even $2000 through the course of this year, then forget ti.

[Lanatsa]

I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?

I can not imagine if the bitcoin will fall to 500 dollars,

if bitcoin will fall to 500 usd , i think there are lots of people will keep on complaining on why did it possibly happen. lots of invesors will also loose but i think this could also be an advantage to some because they will be able to buy bitcoin at a cheaper price.

I am also confused, why many people who want bitcoin fall?

the reason why many people want bitcoin to go down is because they can be able to buy it at a bargain price. but not all people wants bitcoin to go down because not all people are investors , there are some that only earns on bitcoin and the only way for them to earn big is to wait for the price to go up.

The question here is that would you buy if bitcoins price would come to the point? I bet you wont do that thing easily without having any doubts that price might go even more lower.Going back to any price is possible with bitcoin but talking to $500 is an another story. We cant headback to those times to those price ranges. Bitcoin is already scattered on lots of investors and demand would be always there. We are still high on price compared on previous years. Why would people worried up too much?

[electron-coin]

I am sure that this will not happen. You write such words in vain and create panic among beginners on this forum. Many people come here to answer their questions. And what will they see? They will see your post and become even more frightened. Your words are absolutely groundless. If, according to your calculations, this is exactly what bitcoin is waiting for in the near future, then show us the proofs of your theory and we'll figure it out together.

[hodl_news]

What experience do you have in cryptocurrency market analysis? What is your forecast based on? Please provide more information. I believe that bitcoin will never fall to this rate.

[Lagoons]

It looks like bitcoin will have a very strong dip and be back under 1k.  My prediction is telling me it will fall to around the 500 dollar range within a month.

Your prediction is telling you? What does your prediction know? Who is your prediction and why should anyone take it seriously?

It won't go back that low because too many people will buy it way before it hits that point, thinking that one day it might hit $20,000 again.

[kojoannan]

There are too much coins in the market and it has contributed in sharing the market capitalizaiton of bitcoin. These competition is bringing bitcoin down and if bitcoin keep dipping in price , it can reach $500. And If it comes to that level, there will be a lot of damage that will be cause in the crypto market.

[South Park]

I can not imagine if the bitcoin will fall to 500 dollars, maybe the end of the crypto? I am also confused, why many people who want bitcoin fall?

There are many reasons why a person may like to see such low prices, one of the reasons is bitterness, there are people that had a lot of bitcoin and they spent it all or sold it for a very low price and now they are mad they lost their chance of becoming millionaires, another reason is simply some people did not took the opportunity to buy cheap bitcoin and they want that opportunity to come back but that will not happen.

[Weswayahe]

It is impossible if you expect Bitcoin is move to 500 USD. Because as most bitcoiner know, that btc is the one of strongest coins in crypto and also the legend coin. From there we can assume that there are still many who will not btc going to $ 500, surely they will try hard to restore it or pump it. Don't expect btc to $ 500.

[romero121]

Its is very hard to understand the market. Scenarios prevailing in the market changes in no time, it's our responsibility to be prepared enough to meet the changes happening with time. Users who doesn't have much spending can overcome the price fluctuations with ease while the people who completely depend upon crypto earnings for living gets affected much.

[Ra.moomoy]

Your prediction is unlikely to happen since it is very low and too far from how the price goes down. yes there might be a chance for the coin to reduce the price for up to 50% but $500 seems to be imposible.

[DropDeath]

I think that will be the best time to invest on bitcoin when the price hit $500. I will give applouse to you because of that prediction, but i think that your prediction seems like impossible to be happened. But i hope the price will hit $500.

[rodskee]

It looks like bitcoin will have a very strong dip and be back under 1k.  My prediction is telling me it will fall to around the 500 dollar range within a month.

If this happen for bitcoin price i think bitcoin will die, but i do not believe bitcoin back at 500$ value in the coinmarketcap. I strongly believe bitcoin not dropping at 500$ value.

[CryptoMike14]

I think this will never happen. Bitcoin is the most powerful market, it is the king of all altcoin. At present Bitcoin prices are around $ 6500, if the Bitcoin price falls to $ 500 then I think a lot of altcoin will die, the market will almost collapse. However, I believe that Bitcoin will quickly overcome this difficult period, and its price will rise again.

[1BTC EQUALS 1CAR]

It looks like bitcoin will have a very strong dip and be back under 1k.  My prediction is telling me it will fall to around the 500 dollar range within a month.

LOL. This is the worst troll comment ever. Go back to where you belong because we does not need people who drops baseless predictions. It's very clear to see that btc's support level is on $6200- $6700 and only waiting for a good moment to rise again.

[jackylion]

Never BTC can return this price, if the BTC price back to this price probably Crypto market will completely collapse. Never be able to progress further,

[DonFacundo]

That will never happen that's too low even we can see the price around $5k that's too cheap for investors and that will increase back again for sure.

[amrenamren]

It's like, something from the field of fanatics. If all this happens, I will buy and buy again! It seems to me, if he and will fall in price that as much as $ 5000 And big investors will start buying it!