Why are prominent crypto enthusiast saying bitcoin will dip to $1000 ?

[chulos]

There are news every day in the crypto sector, and there are also many - many words, lots of tactics, and so on. Where the money is, there are also many tactics.
So deep down to $ 1,000 we should not fall, at least in my opinion. In any case, keep your investments at rest, and if you have free funds, you can invest - it is a good time to do so.

[cabron]

Well If you have sold your coins in a price of $3500, you would have to spread fud to drag the price down to $1000 so you can buy back at such cheaper price. That's what you'd do too if you were on their shoes. I have talked to someone who had been in the business for years and he said the price has to go to its very bottom in order for it to rise up again. Those who survives in this bear market will survive once again in the future.

[boty]

maybe it's because they saw it from the graph that happened a few years ago that the price of bitcoin was only as expensive as $ 1000 and many people long hoped that the price could be that cheap again so they could be bought again because they took advantage of that cheap price moment.

[thecodebear]

There are no experts in bitcoin price predictions, unless they have nostradamus type abilities. Tommy lee is probably the worst at predicting but he is certainly an expert in crypto.

^^ This.

Anyone can predict anything. Being a prominent investor means nothing in terms of being able to predict where the bottom is. Prominent investors think it'll go under $1000, prominent investors thought it'd be $25k by end of 2018 even just a few months before the end of the year, prominent investors think it'll be a million dollars in the next couple of years. Literally means nothing.

People need to do their own research and come up with predictions that they believe in to guide their investing, not just pick one random person's prediction.

[basty03]

Because people wants to buy more that's why they want that bitcoin will drop to $1000. But of course no one can predict if bitcoin will drop in that kind of amount because people don't to lose more to what they have or to what they invest.

[CaVO32]

people give themselves all kinds of ranks these days. "prominent" LOL.
all we have these days is a bunch of newbies trying to make what they have lost by creating content everywhere and trying to make money from that. for example their bullshit youtube  videos is a nonstop wave of worthless content trying to make pennies.

is it possible? yes.
can someone predict it? no.
anybody who does, is a newbie trying to gain some attention and temporary fame in case his shot in the dark hit the target. it is the same as all those other newbies who were saying bitcoin will reach $50k back when it was on the rise, and then called themselves "experts".

agree. self-entitled individuals thinking that whatever they say will give impact to the current market. they are just mere speculations. they can do that all the time. but you need to believe what your instincts are saying. don't follow those individuals that really don't know nothing about crypto.

[romero121]

I'm not sure of it, from my understanding the market grew up gradually from the price point around $900. It reached around $5000 in a short time period. After which it continued to reach the peak value with minor fluctuations in the market. Maybe that'll be the reason for the prediction for the price to dip to $1000.

[Ronyx]

It's not as a fan but it's better to be called pessimistic with bitcoin if you think bitcoin will decline to reach the lowest level of 1k. I don't believe that will happen and I think the opposite, that bitcoin will be pumped in 2019.

[Idrisu]

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility  within the first 3 months of 2019 (January-March) and 1 k probably  second quarter.

I don't think bitcoin will fall that low because we are seeing some recovering towards.  If bitcoin breaks $3700 channels then we should expect it to go above $4000 before this week end.  Now before match is a short period of time that those things might not happen

[Slow death]

Name: MasterDesSaucisses
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Date Registered: February 05, 2019, 09:31:06 AM
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It's all over the place... you can see people predicting Bitcoin will go down to $1,000 and others saying it will go up to $100,000. Some will be right, but most will be wrong and there's no way to know it until it happens.

I left a few days to see if you would make a post, but apparently you just created an account only to respond in this thread, which is very strange

[aris av]

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

[Juggy777]

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

[Barbut]

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

With cryptocurrencies everything is possible, it can rise a lot, or dump a lot, it can happen very fast when almost no one expect it. Not all of crypto enthusiastic people talk that bitcoin will deep, some talk it will rise a lot even this year, predictions of all kinds can be found across the internet, I see them but I do not pay much attention on it. Maybe this is possible after a lot of time spend in crypto, you learn to pay attention on everything, you look your own business and wait for your chance to do something.

[gabmen]

Decreasing and increasing is a possibility, and it's better not to quickly believe in other people's predictions, and better do your own research to make a profit. A decrease of 1k is indeed a possibility if bitcoin is abandoned, but I don't think it will happen this year.

Hey these are baseless statements made by the so called experts, with the sole aim to cause panic among the investors. They have tried saying these numbers year after year, but it has never happened and it will never happen again. I believe one should ignore these experts, and do their own due diligence or else they will end up making losses.

With cryptocurrencies everything is possible, it can rise a lot, or dump a lot, it can happen very fast when almost no one expect it. Not all of crypto enthusiastic people talk that bitcoin will deep, some talk it will rise a lot even this year, predictions of all kinds can be found across the internet, I see them but I do not pay much attention on it. Maybe this is possible after a lot of time spend in crypto, you learn to pay attention on everything, you look your own business and wait for your chance to do something.

Well they're prominent enthusiasts so what do you expect? They'll benefit a lot if people panic since they can afford to hoard cheap btcs for longer periods of time compared to regular holders. Though there are also enthusiasts who try to keep things positive. If you made your research, which is a lot better, you won't have to listen to their garbles.

[Kopyleft]

Well they're prominent enthusiasts so what do you expect? They'll benefit a lot if people panic since they can afford to hoard cheap btcs for longer periods of time compared to regular holders.

The market no longer reacts that way to speculation or FUD, the community base has grown rapidly over the years, and the prominent enthusiasts or experts only have a small percentage of the community within their audience, and a lesser number which would panic. This is not enough to move the market. Some of their speculations are borne from their personal analysis and expectations.

[Tagus45]

That's just a possibility, and I don't believe if bitcoin goes back down and reaches 1k, I believe more in the possibility that bitcoin will pump to a higher price.

[magneto]

Possibility it may happen but I am not seeing that for now from what the chart shows. We might see 2 k mark possibility  within the first 3 months of 2019 (January-March) and 1 k probably  second quarter.

There is simply too much demand for coins below the $3k level in my opinion, which is probably part of the reason why we saw a strong resurgence of prices during this timeframe.

Most of the predictions that people make especially on mainstream media is completely bogus, and you have to realise that. They do it to create sensationalist headlines that grab attention, inspire fear (especially in this bear market), etc., not to actually try to accurately speculate on bitcoin's price.

I do think that further dips in price is possible, given that I don't think we're far enough in the bear market to say that the recovery is actually happening yet. But certainly not to $1k or even $2k. There is plenty of institutional demand for bitcoin, now that a lot of new players have came in, which means that there will be more support for prices imo if it ever happens to drop below $3k.

[mrdeposit]

That's just a possibility, and I don't believe if bitcoin goes back down and reaches 1k, I believe more in the possibility that bitcoin will pump to a higher price.

I think so. Although direction is not known, I do not guess we are going to see more red. Recent developments have led to changes in everyone's opinion and community will determine the direction.

[omonuyak]

It is still possible for bitcoin to fall to $1000 but I don't think that will happen at this moment.  Bitcoin has been in this same situation in the past and we have see some recovering and grow later.  I think we should be positive about this market in respective of what those enthusiast are saying.

[Shinpako09]

Well, everything is possible but no one can exactly predict what were going to happen. So don't always believe what you read or heard from other people. You have your own mind, even you can predict like them. Also, this kind of FUD doesn't seem effective to cause panic on weak hands as they saw a rise recently.