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Author Topic: The point of no return  (Read 649 times)
keanne_isaac
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January 22, 2019, 12:10:54 PM
 #21

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?
No one knows where would be to the bottom of bitcoin as long there is whales wjo have huge number of bitcoin in their wallet they can do what they planning to but as long as more and more people are buying and patronizing bitcoin the good side is always on us as long as you keep holding and not affected by bearish sentiment you will be victorious in the end.
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January 22, 2019, 12:21:57 PM
 #22

Well, for simple guys like me, Bitcoin already passed the point of no return some time ago, probably even long before I started looking up my first transaction. XBT counter on analytics? People and states using it? Ever-positive rates of growth in so many areas (hey, even price too if you're willing to widen your timeframe horizons)... there's no going back to a single client running it, unless you go to testnet, that is!

Nothing is forever, sure, but our kids and their kids won't live to see Bitcoin's death.

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January 22, 2019, 12:22:57 PM
 #23

Frankly speaking , Point of no return should not be governed by the current price of bitcoin.  Actually I like to check hash rate graph.  time to time. To me , hash rate is still in good range.

@OP, Why you are worried about $3500 this time, because we bounced after touching $3200 too.

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January 22, 2019, 12:27:16 PM
 #24

$3000 still seems to be a shallow trench that bitcoin could easily recover from. Perhaps a trip back to the 3-digit lair would somewhat prove difficult for bitcoin to return to its former glory, seeing that most businesses and people by then would start losing interest and will just be investing their energy and money somewhere else. I'm still optimistic though that 2019 will bring some form of turnaround for the trend, as many services and institutional investors are eyeing bitcoin for this year.

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January 22, 2019, 12:36:30 PM
Last edit: January 22, 2019, 01:23:39 PM by aoluain
 #25

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

Bitcoin can recover from any value. Theoretically the lower the value goes
the quicker it would recover or at least stabilise (temporarily).

We can asume as the value drops there will be bigger buy orders generated
which would stabilize the fall in values.

R


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January 22, 2019, 12:43:02 PM
 #26

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?
We have an unlimited chance to get back to the peak level as long as there are investors and soon it will happen. We should not be discourage by just looking at the market, try to analyze it well and you will have more smiles in your eyes as you can see a bright future ahead.
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January 22, 2019, 12:47:08 PM
 #27

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

Bitcoin can recover from aby value. Theoretically the lower the value goes
the quicker it would recover or at least stabilise (temporarily).

We
really and my prediction this year, of course, in the middle of the year, bitcoin will experience a good price increase even though from now on it is still slow to experience changes
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January 22, 2019, 12:54:18 PM
 #28

i think the price that makes bitcoin can't return when they reach the price in the low price on the last year before, for excample when the lowest on 2018 is $1000 so i think if in this year the price reach below $1000 i think the price of bitcoin will never recover again

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January 22, 2019, 01:16:22 PM
 #29

  For bitcoin, there can be  no the point of no return. Now the price of bitcoin is falling, but it does not mean that bitcoin will die. Bitcoin is beginning to be used all over the world as a means of payment and investment, therefore, bitcoin technology is only at the beginning of its journey.
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January 22, 2019, 01:18:47 PM
 #30

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

That point of no return would probably be less than $1000.
Some say bitcoin will fall below $3000 before a new market cycle starts and reach new heights.
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January 22, 2019, 01:25:35 PM
 #31

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?
This is really uncertain, prices on this kind of market is really volatile and no one knows when it will increase or decrease. We are having a strong hold on price range such at $3500 and i guess bitcoin will stay enough long for the bull to run this year. The only thing we can do for now is to support by buying bitcoin to increase its price on the market.

R


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January 22, 2019, 01:54:19 PM
 #32

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?


there are many possibilities that can occur including for bitcoin bullrun. I think the market is so fluctuating plus some rumors that are developing make the growth rate difficult.
I think bitcoin will be in the range of 3k in the next few months until finally it can really stabilize
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January 22, 2019, 01:56:28 PM
 #33

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?
I could not find its final position. Bitcoin has an extreme support level of about $ 3,500 - $ 3700 but it is already awful, and it has not surpassed the price of $ 4,000. I am worried that Bitcoin will drop sharply in the following days if it does not grow again as this is putting massive pressure on investors.

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January 22, 2019, 02:08:53 PM
 #34

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

That point of no return would probably be less than $1000.
Some say bitcoin will fall below $3000 before a new market cycle starts and reach new heights.
Even some people predict that the price will fall $3000 it's not yet sure if this thing will really happen. But, for me I will remain positive which I know the price will recover soon. I hope the price of bitcoin will not fall at $3000 because it will might the reason on its hard recovering.
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January 22, 2019, 02:22:29 PM
 #35

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?


there are many wild conclusions and predictions for bitcoin prices in the next few months or for this year. but too many posts and more rumors about the decline in bitcoin will continue.
I think anything can happen including bullrun in the near future. we will never really know what will happen
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January 22, 2019, 02:25:29 PM
 #36

  For bitcoin, there can be  no the point of no return. Now the price of bitcoin is falling, but it does not mean that bitcoin will die. Bitcoin is beginning to be used all over the world as a means of payment and investment, therefore, bitcoin technology is only at the beginning of its journey.

Yes there is no point of return. Bitcoin price going lower means it will come back with good results it happened earlier also. The investors will increase and the value will get automatically increased. Bitcoin has been approved in many countries and people started using it so there is no point of return going forward just believe in bitcoin for sure it will be profitable one day.

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January 22, 2019, 03:06:02 PM
 #37

You literally never know what the price is going to be. Bitcoin is so volatile that anything can happen. Maybe it will increase 10x again, or maybe drop 90% today. Who knows but I doubt it's going to rise back up because of all the speculation that people are doing right now, predicting it's going to be a bear market because they don't believe in bitcoin, and the people who invested in bitcoin and lost just left bitcoin forever and thought about it as a scam.
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January 22, 2019, 03:17:14 PM
 #38

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

There is no one knows what is the lowest price will be and when the glory day will come again. For now, it would be better to collect as much bitcoin as we can and let the market decide what the result will. And one more thing, let's continue to support anything that will be developed by people who are competent in their fields , the developers and the adopters in this case, so that bitcoin continues to exist for a very long time.

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January 22, 2019, 03:23:18 PM
 #39

At which price do you think bitcoin will not be able to recover from? There is strong support at $3500 but is now at risk of being breached.

Is $3000 the low point after which there is limited chances of it returning to the glory days?

That point of no return would probably be less than $1000.
Some say bitcoin will fall below $3000 before a new market cycle starts and reach new heights.
Even some people predict that the price will fall $3000 it's not yet sure if this thing will really happen. But, for me I will remain positive which I know the price will recover soon. I hope the price of bitcoin will not fall at $3000 because it will might the reason on its hard recovering.

$3000 although being low is not a serious threat, anything lower than that because it is a major buy support, can be a bad thing. although it is not because of what OP says, there is no such thing, but because it will increase the length of the downtrend by a lot more and that will also damage adoption since it slows that  down significantly.

There is a FOMO brewing...
Gabteb
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January 22, 2019, 03:29:36 PM
 #40

I dont think there is price from which BTC cant return i really belive , what we need for return investiments ,itsnt it so any time milins of people join market and start buy BTC we would have return and no matter what price would have BTC 3000 or less even we have only 21mln total supply and as we now many BTC were lost in early stages.


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