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Author Topic: bitcoin back to $500 is likeley  (Read 2949 times)
snkneo
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July 12, 2018, 10:37:40 PM
 #301

I don't think that's accurate. After a certain point bitcoin dipping that much will cause a lot of mainstream news coverage, and too many average people will view it as an opportunity to buy.
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July 12, 2018, 10:40:06 PM
 #302

The days of  bitcoin selling for less than 1000 USD are so very, the price cannot dip that low if holders are not willing to sell, even a global ban on bitcoin will not result in such dip in price
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July 12, 2018, 10:54:20 PM
 #303

I think so. I feel like in this year the market act so different.
We keep going down no matter what, sometimes slightly going up but more down after that.
I hope Bitcoin can go back to its ATH so that altcoins can follow it.
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July 13, 2018, 02:36:18 AM
 #304

The only way I see this happening if is an early adopter with Billions of dollars worth of Bitcoin decided to dump it all.
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July 13, 2018, 02:42:18 AM
 #305

It is impossible to reach below 1000$ otherwise we can call bitcoin as a scam, already we have seen from the market bitcoin is consolidating at a $6k level from days. So the chance of increasing price is huge but there is no guarantee when and how long it will take.
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July 15, 2018, 07:55:15 PM
 #306

If you really think so, then you are a bad forecaster. Could you clarify with what methods you made this forecast and on what basis is it based?
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July 16, 2018, 12:05:46 AM
 #307

Such a scenario is impossible. Although the market is now red and falling, yet the price of $ 500 is not possible.
Experts of the company DMG Blockchain, specializing in mining and the use of blockchain technology, have calculated the breakeven point for bitcoin mining. In their opinion, mining of the first crypto currency will cease to be profitable if its price falls below $ 2400. This is reported by The Merkle.
So your words are fantastic. No one will mining bitcoin and maintain the network if its value falls below $ 2400.
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July 16, 2018, 03:14:55 AM
 #308

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.


No way man, $6k is really the support value of bitcoin. It has been tested many times. To those people who still wait for bitcoin under $1k or $500 are going to wait until you all die because bitcoin is meant to rise every few years and not to go back from where it started.
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July 16, 2018, 03:58:38 AM
 #309

That is very unlikely to happen. The movement of price has stabilize to $6k to $7k range for this month. There is current news and no institutional money getting on board that is why there is no growth for bitcoin now.
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July 16, 2018, 01:34:55 PM
 #310

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.

That's too much if that will happen just forget cryptocurrency and take it as history because if that weird speculation will happen all coins and tokens will definitely affected and this cause a downfall of all crypto's and platforms since this coins/tokens is relying on Bitcoin price as pillar of crypto-currency market condition just notice if Bitcoin price was dip all crypto- coins are affected that's why $500 Bitcoin Price speculation is a disaster if that happen.
Enzos
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July 16, 2018, 01:44:29 PM
 #311

I don't agree with you. I don't think Bitcoin will return to $500. If Bitcoin returns to $500, then all other coins will die, which will cause many people to lose their wealth.

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July 16, 2018, 04:16:08 PM
 #312

And now the price 16/7 Bitcoin has returned $ 6700 price. and your predictions below 1000 $ is completely impossible. Bitcoin can not go below $ 5800 which is a sure thing

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July 16, 2018, 04:20:14 PM
 #313

And now the price 16/7 Bitcoin has returned $ 6700 price. and your predictions below 1000 $ is completely impossible. Bitcoin can not go below $ 5800 which is a sure thing
Bitcoinn is showing an impressive recovery today. I think the uptrend period will happen soon in July and people should wait more in this market. Personally, I will not sell Bitcoin and instead I will buy a lot of Bitcoin to keep in the next few years because I'm sure the Bitcoin price can reach $ 100,000 and that's just a matter of time.






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EfganMiu
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July 16, 2018, 04:28:04 PM
 #314

pointless and completely groundless. I think that the last bitcoin retention threshold for this year is 5k8. And the market entered Q3 with many promising sound for the boom. Today is a very positive signal. just be patient enough. Bitcoin will continue to create surprises.
TobiasVR
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July 16, 2018, 04:43:24 PM
 #315

it's impossible if bitcoin returns to $ 500 I'm still sure if bitcoin in the next time will reach above $ 10000 and it's predicted to happen at the end of the year, so drastically reducing bitcoin will not happen easily.
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July 16, 2018, 04:47:20 PM
 #316

Although anything is possible in crypto, I don’t think Bitcoin will go back to $500. Unless there are tons of bad news or someone dump a large amount of bitcoin, otherwise it is unlikely to happen.

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RaspoBTC
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July 16, 2018, 04:52:24 PM
 #317

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.
Yes, i agree to a dip of the Bitcoin again, but not under 1k USD. My prediction is between 4,5-5k USD.
And i will buy some of them, because longterm comes a good increase in my opinion.
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July 16, 2018, 05:30:22 PM
 #318

500 dollars price won't happen bitcoin have strong support to be stable around 6000 dollars and there on words prices will cross previous all-time high prices in next bull run
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July 17, 2018, 05:25:53 AM
 #319

I think the price will not go lower than what it cost miners to mine in electricity. Last I heard it many times more than $500 at the moment. So no it will not go anywhere near $500. Unless the price of electricity drops significantly.
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July 17, 2018, 06:27:58 AM
 #320

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 absolutely wrong bro. But yeah now BTC is facing very strong dip. I think there are no chances to btc falling down below 1K or 500$ like that. Some experts saying BTC will be increased after august. Patience is the key to success i believe it highly. Because of this situation in the market, all the investors are apprehensive.

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