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Author Topic: bitcoin back to $500 is likeley  (Read 2997 times)
PrudnikovLS
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June 13, 2018, 11:21:05 PM
 #101

What is your forecast based on? What analysis method did you use to evaluate the situation with bitcoin (technical or fundamental analysis)? From myself, I can say that until such levels, bitcoin is unlikely to drop, since large players are already entering the crypto-currency market and will not allow it to fall much.
Vinnyjrt
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June 13, 2018, 11:25:58 PM
 #102

I dont think you'll ever see bitcoin at $500 again.  The market is bad now with recent correction, fud, and regulations.  Besides most people dont even know what crypto-currency is yet.  You might see bitcoin drop below $5,000 and some altcoins diminish but there is no way BTC drops to $500, especially within a month.  

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Triffin
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June 13, 2018, 11:43:47 PM
 #103

That's an unlikely assertion.
Of course that is and how can a crypto currency fall so down when so many people are speculating about the appreciation of prices. Yes there are always fluctuations in the market but market is controlled by the demand of the investors and in other words by the invisible hand. SO the values of Bitcoin might not stoop so low. It might even rise towards the end of 2018 and is expected to cross $30000.

consideritdone
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June 14, 2018, 12:44:32 AM
 #104

back to $500 would mean a huge blow and huge losses for everyone who got in 2017 and 2018
which is totally bad for market. but there are lots of parties in the room that cannot allow that low price
market will support
hani1929
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June 14, 2018, 05:14:59 AM
 #105

its impossible for bitcoin to be back at $500 within a month. We know that bitcoin now is continuing to fall down to $6000 and maybe that is normal.because sometimes bitcoin go down after its price high. maybe bitcoin is experiencing difficulties now because of corrections. if this continue to fall the price of bitcoin maybe this year it will $10000 but we still dont know what will going to happen on bitcoin this year or when will it will become stable.

skyline_king
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June 14, 2018, 05:22:37 AM
 #106

i sold my BTC's for 700 $, that was the biggest mistake in my life. don't be sour face buddy.
starblocks
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June 14, 2018, 06:56:07 AM
 #107

Give the asset a little more credit than that Tongue

There are not many factors that could ever cause such a sharp decline so its not likely that it will happen but never rule out any possibility (FUD)

DanWalker
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June 14, 2018, 02:47:01 PM
 #108

What is the basis for your forecast? It seems to me that you just want to raise panic and excitement around you. Please, give your arguments. Bitcoin has a difficult period now, but I see no reason for the price to fall so deep.

BitindaHouse
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June 14, 2018, 03:06:34 PM
 #109

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.



Many of you responded very aggressively to this statement, especially "bozo333" but do not pay attention, My thoughts also came to this scenario. Because the etherium with the 2.0 blockchain on the tail)

South Park
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June 14, 2018, 07:05:38 PM
 #110

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.

Why? What is your reason?
If the price of bitcoin and crypto goes even to $2k there will be so many people ready to buy, and the buying of cheap coins will fuel the rise again. There is so much negativity as soon as bitcoin and crypto falls back.

History shows us that these sorts of movements happen but wr have to examine the positives over the last 12 months and we will see that the future is promising.
He has no reasons to give those predictions, he is either trying to FUD the market, he may be trolling the forum or maybe he is just bitter that he had the opportunity to buy bitcoin in that past at that price and he did not do it and now he is regretting the fact that he did not bought at that price and will like to see those prices again, either way it does not matter because that is a price we are never going to see again.
yslyv
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June 14, 2018, 07:41:31 PM
 #111

I dont think so. 500 usd may be the end of all crypto market. Because mining costs are so high and if miners shut down their devices all the ecosystem will suffer so much.

turn the page
adamin1i
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June 14, 2018, 07:48:38 PM
 #112

It would be nice. those who want to sell their BTC 500 USD may contact me immediately. I can save them from this trouble Smiley
frausoft
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June 14, 2018, 08:27:17 PM
 #113

The situation in the cryptocurrency market is really very bad, however, l do not think that Bitcoin will fall below the 5,000$ mark.
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June 14, 2018, 08:59:10 PM
 #114

If mods really fuck off these kind of negative thread we do not need to worry about the market trend in fake news spreading at least. We cannot control the fake news on the new websites but here we have way to transcan the thread.
If really a crypto supporter even the subject line contained these kind of the thread should not be bumped up mate. If you ignore itself these thread will be reach 100th page or somewhere.
laluna24
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June 14, 2018, 09:25:05 PM
 #115

You are one of those people saying statement without proof. One of those who truly did not believe in bitcoin ability to show it's performance to explode it's value. Although market is not in good I do not think it will go down to $500.
Phat Buzz Tart
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June 14, 2018, 09:27:51 PM
 #116

Don't even think so, it's so mad. Bitcoin can't go to 500$ these days. Don't create FUD
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June 14, 2018, 09:45:25 PM
 #117

not a chance, it can def go down further from current lows but not quite that low, people would be jumping back into bitcoin 10x over at that price.


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tabas
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June 14, 2018, 09:52:54 PM
 #118

You are one of those people saying statement without proof. One of those who truly did not believe in bitcoin ability to show it's performance to explode it's value. Although market is not in good I do not think it will go down to $500.
Let him say what he want to say. Okay bitcoin's back to $500 so check preev.com on how much bitcoin is. The price sits now on $6,660 so yeah it's going back to $500.
Don't take these skeptics seriously, they don't know what they are saying and they are here to spread words that will discourage us.

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BurakTurk
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June 14, 2018, 10:06:13 PM
 #119

I'm not going to say BTC won't go low further but I just believe the price won't go lower than $1k. Some people put their prediction on hunch but anyone selling BTC at $500 doesn't understand what he is doing.
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June 14, 2018, 10:09:47 PM
 #120

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.
You do not know about the crypto market that is why you are creating post like that. The price dip only because of some higher sell off because of the Eid festival and now the price is on rising again because now no one will want to sell it.
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