Reason Why BTC will Dump to 2.5K$

[suzanne5223]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Base on fundamental analysis, bitcoin will dump in price before the end of this year but it will definitely not dump to the price range you mentioned and you unable of mine profitable wont be the reason either.
However, mining profitable required some outstanding mining equipment and for you to get one and how to do it go Mining Section for better help.

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[jademaxxiss012]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

5k usd per btc has a lot of complain already how much more if it will fall for more? Anyway, whatever happens to bitcoin now I should hope that it will not resort to ending the system. I was just about to have some fun. And with the huge market price fluctuation I can't be more happy now. It seems like a doomsday today and onwards on the bullish market.

[kumiskura]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Base on fundamental analysis, bitcoin will dump in price before the end of this year but it will definitely not dump to the price range you mentioned and you unable of mine profitable wont be the reason either.
However, mining profitable required some outstanding mining equipment and for you to get one and how to do it go Mining Section for better help.

Mind to tell me what kind of fundamental analysis is it ? no doubt we are expecting another dump in a couple weeks later because we broke everything yesterday plus the FUD that came from Forbes, Craig wright and else. but i heard nothing about fundamental analysis so far, just curious and wish to know what kind of fundamental it is.

about will it reach that point or not, it is still mystery. just like before when people said it will not go below $6000 because the miners will stop mining it.
but here we are

[bigmaster23]

If mining has stop btc value will increase to met the demands in the market thus mining again to profit in btc that is the logic we are always seeing for the last years.

You will see a lot of new mining equipment being showcase in the market that is the indication btc has survive.

[WinslowIII]

If the price goes low, many miners will drop off and the difficulty level will decrease, raising rewards for those left. Even if the price dropped to $1000 the network would still be functioning fine, but with a fraction of the miners mining today. These miners would be making profit because of the lower competition and resulting difficulty levels giving them much bigger rewards than they currently see.

[bitcoin31]

I don't want to see bitcoin become lower than 2500 dollars. But if that happen Im pretty much sure it will up again. Because more people will buy again bitcoin because they want more profit. But if we can increase the value of the bitcoin it is good.

[Barbut]

I don't want to see bitcoin become lower than 2500 dollars. But if that happen Im pretty much sure it will up again.

If grandmother have a balls, it wouldn`t be grandmother at all. This is another spam, fud, you name it post, without any arguments, but with many "if`s". We are all guessing when we will see bottom, 6000 dollars looked like that, and many of us thought it will not go down more, but here we go again, its a positive thinking that price will rise again, and we need to stay positive. But what the hell, market dictate conditions and we need to adopt, wait a bit more and if it drops buy, we all know that the best buyings are on bottom.

[Adriano2010]

I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.

[Beparanf]

I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.

It already dump that price but all this dump is temporary, it will soon be over and we still know that BTC still have room for making another ATH soon.

[carlisle1]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Stupid noob,who told you that with free electricity,no one can pay for the mining equipment?Try to read some articles about mining equipment prices before creating stupid thread like this
Electricity is the only hindrance for a miner to gain.and if this will be free then for sure profit will be in miners hand

[Inkdatar]

I don't think that and i see some people spreading FUD to make people panic and selling their coins for a low price or trying to get more fall in price so someone or a group can buy more cheap bitcoin until the price will not have a bill run this year and they make a nice profit. Hold your coins guys and girls and wait for a better price.

It already dump that price but all this dump is temporary, it will soon be over and we still know that BTC still have room for making another ATH soon.

Those who believes on fuds probably will lose so I do not think btc price will dump so low. This is right let us hold our btc than selling this time to a lower price. Anyway, although we cannot predict prices I am still on hopes for the recovery period.

[Gaaara]

Use your head once in a while! When Bitcoin was in the bear market of 2016 with prices below 4000 miners were also below the point of profitability with no way to pay off equipment bought in 2014 for $600 and more. Did that destroy Bitcoin? Even if we repeat 2015 and 16 worst thing that can happen is another 6 months of bear market and maybe 4000 dollar low

That's true, they trusted the potential of bitcoin and waited it to boom but if we're looking at the current state there is so many coins that has been keeping up and new coins coming in, the fact that bitcoin is replaceable after all there is a chance that because of the electricity and mining rig being expensive more and more are considering other option and that is one thing that threatens bitcoin at the moment. It depends on the miner or users view to be loyal and consistent or to try other ways in difference.

[Kevin77]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Normally I would love to sit here and say there is no possible way the price will dump to $2.5k but apparently that type of stuff could happen at any given time. I mean that is really too low and would really destroy all of the interest we have worked to gain over the years but it would also be possibly the best thing that could happen to bitcoin as well.

Yes, all of our investments would worth a lot less than we initially got in but than we will have chance to get bitcoin for incredibly cheap, if it reaches $2.5k it means when it goes to $25k that is 10 times the profit. There is of course, no guarantee that it will go to $25k but I assume it will happen eventually one day, maybe not today or tomorrow but 5 years from now would you be shocked if the price was $25k ?

[okala]

Maybe people are becoming tired of cryptocurrencies investments and market because of the market behavior this year.  Bitcoin getting dump below $5000 is what I did not expect but everything is very possible.  We should keep our fingers crossed and see what happens in future as I am ready for any market situation.

[Thomas-s]

I think that now the price of Bitcoin is not connected with mining. This is just an ordinary manipulation for whales to buy bitcoin cheap

[stayeduptolate]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

I don't think that $2k is ever gonna be reached and you should have posted some more information on how you reached to this conclusion. The Miners are already in a negative after this price dump from 6k to 5k and if further price dump takes place then only big companies will be mining bitcoins as they can afford short term gains to gain long term monopoly in the mining market and once they obtain that monopoly then they will be controlling the decentralized network and it will cause centralization of bitcoin thus its end.

[roosbit]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

If you don't keep a positive mind about crypto this will contribute to bringing the price down but I think we have a lot of lurkers waiting to jump on the boat as they coins are much more  affordable...so no need to panic we ain't going that low!

[Harkorede]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Your seem to be clueless with your analysis, how were miners able to cope when bitcoin wasn't worth $1,000 ? and Bitcoin at it's worse of the year so far is worth more than $5,000. You need to understand that electricity carries a relatively huge percentage of mining cost.

[minersday]

If Mining BTC Even with free electricity cannot pay the mining equipment in a year, that will be the doomsday of BTC, 2000$-2500$ is the limit.

Your seem to be clueless with your analysis, how were miners able to cope when bitcoin wasn't worth $1,000 ? and Bitcoin at it's worse of the year so far is worth more than $5,000. You need to understand that electricity carries a relatively huge percentage of mining cost.

Because he is a newbie, he has no source for all this.

People need to see that this is just a FUD thread, and it is a nonsense. Better to skip this thread and only look for serious information with details.

Of course that bitcoin is not going to go that deep, at least, not during this year.

[mace15]

Maybe people are becoming tired of cryptocurrencies investments and market because of the market behavior this year.  Bitcoin getting dump below $5000 is what I did not expect but everything is very possible.  We should keep our fingers crossed and see what happens in future as I am ready for any market situation.

That is true people are being disappointed with the btc price this year. No signs of bull run that most awaited to happen. This past days price really drops so we should be calm and be hopeful that still it can recover. Let us see the market condition by next year that I think their is new thing to happen.