Bitcoin to drop to 43$ and then die

[exstasie]

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation."

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

Awesome. We're finally doing a full 180° from all the overly bullish predictions earlier in the year. When commentators were expecting $50K and $100K, the price dropped in half. Now that we're seeing forecasts like this, we can see that sentiment is visibly turning.

Remember, most people are wrong. Most predictions are wrong. If everyone expects doom, it probably won't come.

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[Shinpako09]

But why we can't think like this. If BTC go under 100$, Then most people can buy btc. Because that price is not high. So  will that bulk of buying orders hardly affect for a rise up?

Sure thing it's time for buying, those who didn't got an oppurtunity to invest before will have this time. Weak hands will always doubt. But is this prediction really true? I actually don't believe it. No one can give accurate prediction no matter who they are and their status. Nobody ain't from the future to say like it was going to happen 100%.

[deppil]

But why we can't think like this. If BTC go under 100$, Then most people can buy btc. Because that price is not high. So  will that bulk of buying orders hardly affect for a rise up?

Sure thing it's time for buying, those who didn't got an oppurtunity to invest before will have this time. Weak hands will always doubt. But is this prediction really true? I actually don't believe it. No one can give accurate prediction no matter who they are and their status. Nobody ain't from the future to say like it was going to happen 100%.

I think its depending on the current market conditions, the political conditions in crypto, and the cause of the weakening of prices to such an extent. you can't say it's the right time to buy when you don't know the exact conditions. I'm afraid that many people will be scared when prices fall that deep and people who buy less than people sell

[fabiorem]

Finally a full bear prediction on mainstream media.

I hope more predictions like this appears.

[Ozero]

But why we can't think like this. If BTC go under 100$, Then most people can buy btc. Because that price is not high. So  will that bulk of buying orders hardly affect for a rise up?

Do you really think that their will be buyers. As per my guess even if Bitcoin price goes below $1000 , their will be huge selling and within minutes the bitcoin can even touch $10 also as 99% of them will try to sell it on any price.

Yes, if Bitcoin drops in price to one hundred dollars, most of its holders will panic and will reset their Bitcoins at any price. Panic will be huge. However, if the level of Bitcoin capitalization falls to the level of other cryptocurrency capitalization, this can revive the market very much, since it will no longer contain the price of cryptocurrency.

[pptIox]

A fully capitalized market does not allow such a situation. If Bitcoin falls to $43, not only will Bitcoin die, but all crypto will die. Bitcoin is not a tulip. It has the power of capital in addition to people’s consensus, and this power usually controls risk.

[Herbert2020]

anyone who has ever called bitcoin dead and only focused on the price have always wanted to buy cheap coins otherwise they would have never talked about the price in first place. in this case the person spreading this bullshit thinks he can buy cheaper coins around $3500ish levels so he is pushing for that so that his buy orders can be filled and OP is just a naive noob who falls for this kind of spam thinking if he spams it here he can make it happen so that his $10 order can also be filled

[normanz]

hi, i think it's excessive panic, thinking bitcoin will fall at the price of $ 43, bitcoin can still survive and not fall as low as that, and bitcoin won't die.

[hisuka]

hi, i think it's excessive panic, thinking bitcoin will fall at the price of $ 43, bitcoin can still survive and not fall as low as that, and bitcoin won't die.

Definitely those who predict bitcoin to hit at 43$ does not believe about the bitcoin future. They are only on focus about the price of btc. We already this year price has been struggled way long, however this is not the end I believe it can survive.

[Mhd-Bobbi]

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation. "

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

The article brought sadness to all of us, I thought it was just their prediction, maybe it wouldn't happen around US $ 43, it made everyone feel scared and panic.
But if the article is only to read, it doesn't matter, but it must be made only as insight, hopefully the news won't happen.

[cluit]

I understand people are scared and bitcoin looks more scary these days than it ever looked but seriously some of these topics are just trolls. I mean they are probably writing insane numbers like 43 dollars to get your attention and get some hate and all that because they like to get attention even if it is bad one.

Same with people like Mcaffee who said it will be a million dollars, it is just exactly the opposite of saying 43 dollars but the idea is the same, to get some attention from people. Hence, I think even the poster of this topic do not believe that bitcoin will ever be 43 dollars one day, it will never be anything remotely similar for a century probably but to be honest they wouldn't get attention any other way.

Would you write to a post if someone said "bitcoin will be 4280 one day" ? No, I wouldn't write as well since it is quite obvious, but I am writing on a 43 dollar post because it gets attention.

[alani123]

Why aren't people realizing that bitcoin markets are purely governed by demand and supply. There is absolutely nothing connecting it to a real world entity or person't actions. You can't predict its price movements as you would with an asset on the stock market because put simply, bitcoin doesn't tie its value to a company connected to the real world. It's a currency and store of value used for a myriad of purposes and attempting to predict any of them would lead to random results at least 50% of the time.

[pinoyden]

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation. "

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

The article brought sadness to all of us, I thought it was just their prediction, maybe it wouldn't happen around US $ 43, it made everyone feel scared and panic.
But if the article is only to read, it doesn't matter, but it must be made only as insight, hopefully the news won't happen.

I dont feel sad after seeing this because i already know that this isnt true . online world is pure of fake news/articles and they only doing it in order to possibly manipulate the price of cryptos  .

But let say that btc will drop at 43 usd  , i think we shouldnt worry at all but rather we should feel happy because we can now buy it again at a super cheap cost .

 43 dollars isnt also the dying state of bitcoin . we can only say its dying if the value will end up in zero permanently but that is impossible to happen .

[Biscutard]

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation. "

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

The article brought sadness to all of us, I thought it was just their prediction, maybe it wouldn't happen around US $ 43, it made everyone feel scared and panic.
But if the article is only to read, it doesn't matter, but it must be made only as insight, hopefully the news won't happen.

I dont feel sad after seeing this because i already know that this isnt true . online world is pure of fake news/articles and they only doing it in order to possibly manipulate the price of cryptos  .

But let say that btc will drop at 43 usd  , i think we shouldnt worry at all but rather we should feel happy because we can now buy it again at a super cheap cost .

 43 dollars isnt also the dying state of bitcoin . we can only say its dying if the value will end up in zero permanently but that is impossible to happen .

To jump on that scenario is too far from reality though it might happen in some time but it won't happen this and next year. As if people have had an unlimited money to buy or sell everything they had, mostly of them would have hold it rather than selling or dumping. Some of us are blinded by the FUD and this dump but some of us are just watching the entire scenery and is waiting to drop everything when it is ready.

[hawkins]

I understand people are scared and bitcoin looks more scary these days than it ever looked but seriously some of these topics are just trolls. I mean they are probably writing insane numbers like 43 dollars to get your attention and get some hate and all that because they like to get attention even if it is bad one.

Same with people like Mcaffee who said it will be a million dollars, it is just exactly the opposite of saying 43 dollars but the idea is the same, to get some attention from people. Hence, I think even the poster of this topic do not believe that bitcoin will ever be 43 dollars one day, it will never be anything remotely similar for a century probably but to be honest they wouldn't get attention any other way.

Would you write to a post if someone said "bitcoin will be 4280 one day" ? No, I wouldn't write as well since it is quite obvious, but I am writing on a 43 dollar post because it gets attention.

you're right, nowadays so many people lose their enthusiasm and optimism. when prices drop, lower prices will be predicted, even some say the price of bitcoin will be $ 1, or even die. well, the fact is, at present, there are still so many who buy bitcoin at current prices, and can even be said to still have enormous potential in price growth. I think that after seeing prices drop dramatically, many people lost their enthusiasm.

[elloco4ever]

Good insights from Joseph Carson, the Chief Security Scientist at Thycotic Software who has analyzed the likely decline for Bitcoin

Quote: "The most likely scenario is that bitcoin will die; my current valuation of bitcoin is approximately US $43 as opposed to the hyped and manipulated valuation. "

For the full overview see here:

https://coingape.com/bitcoin-price-predictions-got-wilder-predicts-bitcoin-will-die/

If BTC dies then I feel the entire crypto will be dead, guys just stop spreading rumours by adding a source. Why you people's are so much hurry to finish BTC?

I hope you remember what macafee said before years  he said the value of BTC will go 1million dollar this year, does it happen? It's just a speculation you need to research on your own and invest on the coin which favours you.

[Dikarama7]

It's just a possibility and there's no certainty, and I don't believe if bitcoin falls to $ 43 and then dies. Bitcoin can still survive and still have a future, and despite a lot of bad news, I will still hold on to it.