[2018-11-19]Bitcoin Price will Drop Further to $1,500, Analysts Predict

[stomachgrowls]

winter is coming , brace yourselves
looks like news starting to put even more pressure on the market
some groups want to push the price even further down to buy?
I won't be surprised if the price fell to 1.500$ or even 1000$ , but then I would buy like mad
hell I think I'd buy at 2000$ , there is no reason not to ,the market is being manipulated and the price will recover if not this year then 2019-2020
do not be fooled by the bs and HODL or buy

It do really just like a common melody into my ears on such speculation or rumors seeing that price might go on that lower of sub 2k or 1k+ up price.
Same as yours im not already surprised if it would fell on that range.If there are sayings then there would be a possibility.Just like on what we have read
commonly on speculation on going back to 4k range when bitcoin is tanking on 6k.We didnt really even expect on such small span of time.

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[glowing10]

$1500 is not too bad, two years ago this time the Bitcoin is at $800? If my memory serves me correctly.

Hmm. More than a few people paid over 10x more for a coin than that figure. Let's spare a thought for them at least. It's likely that if they stay put they'll be fine but I'll bet they didn't sign up for those types of price levels.

Definitely not anybody would have thought at those level and does not seems to be reaching those levels. It will recover and bounce back from here and have a great year end rather than making people unhappy about the prices. It can even replicate some high like last year and first target should be 10k if we can witness some bull run starting soon.

[1BTC EQUALS 1CAR]

I agree that this market is really manipulated by huge whales but what I don't like many people is much more excited to see btc to fall to $1.5k even though they are a big supporters of btc. It's okay to be prepared for that event but we are just convincing the mindset of other newbies to sell their bitcoins because a lot of btc community are happy to see it go back to $1.5k.

[Bitarch Ancap]

Mining cost is much higher. BTC won't fall so deep!

[cokroalif]

I also predict the price will drop below 2000 USD, this is a natural thing and will make BTC return to prices in 2016, maybe all trades will be netted at 1500 prices, if indeed BTC will drop

[1Referee]

Actually, I would be very glad if there were no individuals with that many coins to manipulate the market to such a degree. Do you personally think this is the case? I mean, are there no more so called "whales" already?

I am sure there are plenty of whales actively trading the market, but we don't see them be a whale because they are trying to cover that as much as they can. On top of that, whales are competing with other whales, so it's not that they have any sort of ability to instantly pump or dump the market to whatever levels they think the price should be at. I think the term manipulation is a bit overexaggerated.

The main problem is the lack of liquidity. When stop loss orders get triggered because of people's panic selling, and there is no liquidity to offer any sort of resistance, the price dumps hard. We have seen that with how the price went down $1500 in just 24 hours.

[veleten]

$1500 is not too bad, two years ago this time the Bitcoin is at $800? If my memory serves me correctly.

1500$ is not too bad if you are planning to buy, for sure
bitcoin price was in the 600-900$ range this period of time two years ago and nobody complained:
https://www.buybitcoinworldwide.com/price/
and it has been under 1500$  until May 2017, but if you HODL or bought at 7.000$ or, god forbid, 15.000+ , the price is not very inspiring
smaller miners will cry tears too and it could lead to more centralisation if the drop continues