What will be running in your mind if Bitcoin reaches $1000 again

[dothebeats]

It would be an easy buying spree for me, although I'd be anxious about my decision too since there could have been some huge reasons as to why the price dropped like that again all of a sudden. Most long-term bitcoiners would probably think that it's another huge buying opportunity, especially those who largely believe in the success of bitcoin. I'd take my chances and perhaps buy two or three bitcoin, and just keep them in storage and forget about it in the next few years.

[Davidvictorson]

One fact is that even if bitcoin should drop to $1000 there are still people who would not invest in it. For the I guess the answer is as simple as i'd invest through DCAing as I have found it the most efficient method of investing in bitcoin that keeps me sane. However, this is just a pipe dream that only exist in our imagination and wishes.

[TelolettOm]

At first, of course, exactly surprised and dropped too much.
Of course, it needs quite some time to be calmer. And believe that Bitcoin is able to survive from that deep crash, struggle together, and rise up again. This must not be easy for all people, there must be so much FUD destroying everybody's mind and health. So many people may be stressful because of this very crash condition.
But once more, as long as we can control ourselves, that may be the best time to buy more and more Bitcoin, this si exactly for the long term holder become a very good time to buy more Bitcoin. Because, there may not be any other time again to buy many Bitcoin very cheaply

[Morosophy]

If it reaches $1000 It would be the best opportunity for me to buy. I will be entering into my buying mode.

[bitterguy28]

As for me, my investment has just begun. I have learnt from my past mistake.

for me ? if this happens then I will look at it as a Gold or Oil mine  that I need to invest so much because this is once in a lifetime opportunity .

Imagine if there is 1000 price of bitcoin in my face? that will be a x1000 once bitcoin reaches out 1 million dollar things that will surely come in the coming years.

what I only need is to keep holding my funds and i will be a millionaire in the next couple of years.

[laurenB7742]

Buy buy and buy. However, I do not think I will be able to wait until bitcoin reaches $1000, because I am afraid I will not have sufficient funds at that point. If bitcoin drops to 10k or 5k, I will probably go all out with all I have to invest. For me last $17k is a pretty good price and I'm waiting for $15k I will be happy when bitcoin hits $15k this bear season. I never thought bitcoin had a chance to get back to $1000 again.

[MinoRaiola]

Price: This is speculation, none of us can know the price in the next years. It is created by supply and demand and the supply increases daily, or better every 8-11 minutes. The acceptance is in my opinion the key, as long as there is someone who wants bitcoin, the price will go up. Bitcoin has a 21M. limit, that is important for me and for many others. So if the price should really be so low, then I would not lose faith in the system and also invest again. But if the price really so low, then we have in the world believed other problems.

[alikhania]

I'll add some first and see the rest, but honestly that's not going to happen, Bitcoin's popularity will keep him.

[lukas99]

1000 dollar price range would mean that btc is dying, or the ecosystem took a big, disastrous hit. It would mean the end. Maybe there would be better alternatives out there. The people who comments that 'I would buy' would never buy, they would be already on depressive state regarding btc.

Did any of you bought at the 4000-6000 range for hodl? ... See?

I think a fair question would be that what would or will you do if btc hits 10k?

[tygeade]

Buy buy and buy. However, I do not think I will be able to wait until bitcoin reaches $1000, because I am afraid I will not have sufficient funds at that point. If bitcoin drops to 10k or 5k, I will probably go all out with all I have to invest. For me last $17k is a pretty good price and I'm waiting for $15k I will be happy when bitcoin hits $15k this bear season. I never thought bitcoin had a chance to get back to $1000 again.

This is the same reason why it will not reach there as well. People think that it will reach that price but in reality we all know that it will not reach there at all. I think it would be quite easy to understand that it will be a hard pass on most of this because it is going to end up with a big deal and a trouble.

If we do this then price can't go down? Because, we all end up buying before it reaches there, you would, I would and believe me everyone would and that is why it won't. That literally happened, price reached under 18k for a quick while and it was such an amazing price to buy that we all stopped and started buying a lot and made it go back up again.

[Senialayl]

The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.   

[Questat]

The crypto industry is standing on Bitcoin. I don't think so that Bitcoin will come to $1000 but if that mega collapse occurs, then I will buy much Bitcoin because Bitcoin never loses. If it loses then it will be a new scenario for whole industry and no speculation is available so far for that emergency.   

Well, I'll do the opposite, I won't because it was an indication that Bitcoin had its ending journey. I considered it bad news, really. Presumably, Bitcoin won't fall that bad if investors are there to help it and people still appreciate it. Might be wrong to think about it will die but that was the thing. We can't really see Bitcoin drop and reach $1000 as long as it was still valuable and useful but assuming the scenario, it simply thinks about selling for this might be the last day of Bitcoin.

[terciduk123]

I don't think that will happen, Bitcoin should not drop to the price of $ 1000 USD, When Bitcoin drops to the price of $ 10,000 USD I think a lot of people will be busy buying, Especially if the price falls to $ 5000-$1000 USD, maybe a lot of people will sell their offline assets to buy Bitcoins, including me will do that too. LOL
But the bad thing is that there will be a lot of people suffering, frustrated that their assets have fallen so deep.

[cr1776]

Bitcoin has gained so much popularity and recognition in the past few years that it rose from nominal prices to almost $69000 in 2020. It however gained hundreds of billions of dollars in capitalization over the years. The situation has changed with both appraisals/approvals and backlashes on the cryptos by some countries, especially government officials.

Inflation is another problem, and they have successfully caused Bitcoin to remain at lower levels compared to its all-time peak of almost $69000. Its market capitalization today is a little above $454 billion, which is still a good value. However, in events that more backlashes and higher inflation negatively affect the crypto some more and finds itself at about $1000. What would be your reaction? Will you turn your back on Bitcoin or has your investment just begun on it?

As for me, my investment has just begun. I have learnt from my past mistake.

Bitcoin was not $69k in 2020, that was 2021.

Unless there is some huge problem with the protocol itself, $1000 is very unlikely and if there is a problem with the code or protocol, then the price could even be lower.  Given the code as it is now and the code review that goes it, that seems nearly impossible.  If it is just a panic by someone selling a bunch, that is a different story.  So without knowing the cause it is difficult to say, but nothing that has happened in 12 years and one month has changed the proportion:  if you want to control your own money without being subject to the whims of authoritarians around the world, bitcoin (and PMs) are your best bet.

[tjtonmoy]

If it ever reaches to that price point, for sure whales as well as people who are in crypto market and have gained some knowledge will definitely invest in it. It will be a great opportunity to fill up your bags. So why not?

[Betwrong]

Bitcoin has always been a good asset in the crypto market, so if its price drops drastically, then there’s no reason to doubt but always give our best shot on making a maximum purchase at that certain value. Bitcoin price won’t keep the same the whole time, so while the price is still very affordable, let’s grab the chance and take advantage on the best opportunity that comes. Bitcoin is the best gem in this market, so no need to question about its sudden price drop.

A price drop to as little as $1,000 is impossible. I think many whales would like to be able to manipulate it at this rate, but there are limits, even for whales. But let's imagine they somehow combined their efforts and made that happened. Why would they do it? Only one reason: to accumulate much more BTC buying it at such a low price. What can we, regular people, do then? Seize the opportunity! Buy as much as you can, because the same whales surely will make the price go up when they will be accumulating.

[Senialayl]

Yes, I am saying that Bitcoin will never loses. Many big investors in cryptocurrency have much shares in Bitcoin, so they will never want the Bitcoin to die. The person started this discussion only to share the thoughts of forum members but I think that no one will be assuming Bitcoin to drop to $1000 because everyone loves Bitcoin.

[Senialayl]

I don't think that will happen, Bitcoin should not drop to the price of $ 1000 USD, When Bitcoin drops to the price of $ 10,000 USD I think a lot of people will be busy buying, Especially if the price falls to $ 5000-$1000 USD, maybe a lot of people will sell their offline assets to buy Bitcoins, including me will do that too. LOL
But the bad thing is that there will be a lot of people suffering, frustrated that their assets have fallen so deep.

I have decided to buy Bitcoin in that scenario but I think it will never come. Secondly, the crypto market will never bear such drop and all the industry will come to unconsciousness.

[smartaction]

I don't think that will happen, Bitcoin should not drop to the price of $ 1000 USD, When Bitcoin drops to the price of $ 10,000 USD I think a lot of people will be busy buying, Especially if the price falls to $ 5000-$1000 USD, maybe a lot of people will sell their offline assets to buy Bitcoins, including me will do that too. LOL
But the bad thing is that there will be a lot of people suffering, frustrated that their assets have fallen so deep.

I have decided to buy Bitcoin in that scenario but I think it will never come. Secondly, the crypto market will never bear such drop and all the industry will come to unconsciousness.

Bitcoin price is not $1000.  If it's $5000 too I'll buy at least 10 bitcoins in any way. I will sell my property in need.  However, I will not miss this opportunity. Because we all believe in Bitcoin and think that it can never be a scam. So it is very unprofitable to invest in dip here

[DeathAngel]

First of all I don’t think bitcoin will ever hit $1000 again, certainly not in our lifetime. If it did though, I would be worried because I have a lot of money stored in bitcoin. Once the worry passed though I would most likely put every fiat I have in because it’s he a great opportunity to make very easy profit.