Bitcoin at $1000. Ready?

[asriloni]

I'm not yet ready for that caused by it's only in your imagination. Even if Bitcoin will be failing again, it will be no less than 30k. The reason is clear if Bitcoin is already massively used. it's being valued as a digital store of value. So we can't expect people are dumb enough to dump their Bitcoin for at a loss.

I admit how it went from zero to hero, but also possible to go back to the zero again. However, this kind of scenario have lesser than 0.001% chance to happen considering its adoption. 

[Bd officer]

Ready for Bitcoin at $1000? The attempt to tame Bitcoin is going quite well, isn't it? It's a landmark year in the Bitcoin era after all.

Actually it seems ridiculous to me, you still expect $1000? We have left that day in the past, so it is unreasonable to be ready to go so low. I don't remember when Bitcoin was $1000. Anyway, you lack knowledge about Bitcoin, so try to learn more. You should learn about the popularity of Bitcoin, look at the MSTR company and see how they are buying Bitcoin.
Anyway, if you want to invest in Bitcoin, you should not be ready for such an unreasonable fall, instead you can continue DCA. But as someone said above, I will also say the same thing that the probability of it happening is less than 0.001%.

[Asuspawer09]

Ready for Bitcoin at $1000? The attempt to tame Bitcoin is going quite well, isn't it? It's a landmark year in the Bitcoin era after all.

Not going to happened, it might be possible if something that is world breaking is going to actually happened but in a normal cycle of the market it is just a very tiny chances, almost impossible to think how it is going to dump that low especially as we see the Bitcoin adaptation right now was just crazy and fast, we are seeing Bitcoin adapt around the globe and now used by a lot of countries and even making crypto reserved on some governments.

I agree to others comment, that with that kind of dump that just means Bitcoin is now dead, I mean it is possible to bounce back but it's just a long way to be back to where it came from, and token is not going to be all the way to zero even though it is already dump in the market or dead, it just wasn't profitable for some people or there was not a lot of investors that believed on it, probably only people who want to make some quick money or people who forgot about it is the one that is holding.

[dunfida]

Ready for Bitcoin at $1000? The attempt to tame Bitcoin is going quite well, isn't it? It's a landmark year in the Bitcoin era after all.

Actually it seems ridiculous to me, you still expect $1000? We have left that day in the past, so it is unreasonable to be ready to go so low. I don't remember when Bitcoin was $1000. Anyway, you lack knowledge about Bitcoin, so try to learn more. You should learn about the popularity of Bitcoin, look at the MSTR company and see how they are buying Bitcoin.
Anyway, if you want to invest in Bitcoin, you should not be ready for such an unreasonable fall, instead you can continue DCA. But as someone said above, I will also say the same thing that the probability of it happening is less than 0.001%.

We would really be hearing out these kind of a words whenever the market do make up some ATL low for this year specially into those newbies or who had just recently dive or get involved into this market. For those who had been here on this market for a while then for sure they've been that filling up their bags now specially the price is that much more cheaper. We are that almost half far down from the ATH on which that means that its 50% discount. People would be starting up on buying up when the price are on the peak or when it is starting to make up some recovery. They would be having those words of regret at the time that the price had made out some recovery. Its not actually shocking because once you do get dealing up with this market then you would definitely be that getting used to it and you should be wise for you to ride with the waves on this market.

$1000? If this do happens then we would be able to assume that there's something happen bad to Bitcoin. It is that hard to believe that we would be going this low but of course we do know that there's no assurance or guarantee if we do speak about the future.

[Vod]

Ready for Bitcoin at $1000?

Your logic seems flawed.   What would keep the value at $1k?   Bitcoin sits at the digital top - any prolonged disruption in our infrastructure would make it unusable.    If you want to make a statement that shocks everyone, don't include your feeling about a particular number.   

[JaanusRaim]

  This discussion here reminds me how all sensible people treated the $1000 forecast in 2011. The world has not changed a bit. The only "difference" is that in 2011 they denied BTC undervaluation and in 2026 they deny BTC overvaluation. This is really cool 

If Bitcoin achieves $1000, then it is out of equilibrium at the same amount as it is now (with the price around $100 000). As we all witness, such huge deviations from long run equilibrium price that is determined by fame/acceptance are not only possible but actual. Are actual right now !

$1000 needs fully different market sentiment just as Standard and Poor 500 2000 points. It is not probable that the sentiment in global markets will change in one year horizon... unless The Black Swan - something perfectly unexpected - will emerge.

[Muba20]

Especially with its massive adoption and growing institutional and national investment, Bitcoin's fundamentals are actually getting better, and more and more people are trusting Bitcoin as their investment. So a drop to $1000 is not only unlikely, it will never happen.

Even during 2108's market crash Bitcoin never reached such low value and OP thinks it's going to reach $1000 when it has gained so much attention and even it's now part of Strategic Reserve, and it has enough ETFs.

Bitcoin has gotten enough support that it would be foolish to think that it could drop to $1000 value again ever. There's possibility that it might go down to $50k or even $40k but below that there's not enough possibility even in worst scenarios.

I don't know why the OP thinks Bitcoin will go down that low. It's true that investing in Bitcoin can sometimes lead to big drops, but that doesn't mean it will go down as low as it hasn't been since 2017. There's no point wasting time on such irrational thinking. In 2017, the number of Bitcoin investors was estimated to be around 2.9 to 5.8 million, but now that number could be around 400 to 500 million people using Bitcoin. So it's clear that if we want to see Bitcoin go back to where it was before, it will never be possible unless these investors hold  their investments. Since the number of ETFs and institutional investors in the market is increasing now, it would be unreasonable to expect it to ever go below $50k in the future.

[EFS]

If what the OP says turns out to be true, then I guess those who have been waiting for their buy orders since 2016 will finally be able to buy Bitcoin at $1000.

Bitcoin will never see 4-digits again. $1000 is just a wet dream for fudders. If it drops to 30k as some pessimists think, that would already be more than enough for them. I don't even think it will go that low.
The next 3 years should be used well for accumulating. Those who think "it will drop more I'll buy at the bottom later" might end up having no coins.

[STT]

We need more threads like this, they should never become extinct.   Why, because the greater the bear presence the more dramatic the stampede when expectations are not fulfilled.   Its ironically a positive to see an excess of negativity and in that context I really don't mind at all the superbears are really secret friends to any Bitcoin optimist.

[Pandorak]

I am confident that the price of Bitcoin will experience a further decline, possibly reaching the $50k level first before continuing its decline, even after breaking through the strong support level there. A price of $1,000 is already a pretty crazy thought, i never even imagined Bitcoin would reach that level. The price of Bitcoin hitting the $16k level in 2022 is already the lowest price that may not be reached in this bear market. The decline may only be double or even triple that price, which means around $30k-$48k.

Let's say that actually happens. It would definitely mark the end of the Bitcoin era, and we would see something big, bad news that causes the price to crash. You can imagine, if Bitcoin's price drops to $50k, altcoins would already see a decline of tens of percent, and some might even experience a decline of more than 50%, you can imagine how chaotic it would be if Bitcoin's price really drops to $1000.

[Vod]

This discussion here reminds me how all sensible people treated the $1000 forecast in 2011. The world has not changed a bit.

The world has changed more since 2011 than it changed from 1911 to 2011.   Not talking just about climate change, but complicated infrastructure that relies on very fragile electronics and consistent workflow paths.   There are so many ways we can lose a part of the foundation bitcoin relies on.  If you have gold you say "give me gold for food" and that does not rely on any infrastructure.

If you want to predict what bitcoin will stabilize at, tell us the reason you choose that specific number.  Otherwise, the advice to keep accumulating bitcoin will help people looking for housing. Keep your money out of real estate.

[Awaklara]

Let's say that actually happens. It would definitely mark the end of the Bitcoin era, and we would see something big, bad news that causes the price to crash. You can imagine, if Bitcoin's price drops to $50k, altcoins would already see a decline of tens of percent, and some might even experience a decline of more than 50%, you can imagine how chaotic it would be if Bitcoin's price really drops to $1000.

Imagining it is certainly hard to accept; the market conditions must be quite chaotic with the panic happening. We can talk about staying calm and holding onto the Bitcoin we have. But those who bought Bitcoin at prices above $90k may not be able to feel relaxed. A price of $1k is a price level that nobody considers. A drop of Bitcoin's price to the $50k level can still be accepted by insiders in this bearish market.

[MisFoxie]

I'm not yet ready for that caused by it's only in your imagination. Even if Bitcoin will be failing again, it will be no less than 30k. The reason is clear if Bitcoin is already massively used. it's being valued as a digital store of value. So we can't expect people are dumb enough to dump their Bitcoin for at a loss.

I admit how it went from zero to hero, but also possible to go back to the zero again. However, this kind of scenario have lesser than 0.001% chance to happen considering its adoption. 

Well said, If no big war or pandemic happens in this world Bitcoin price won't go less than 30k. $1k possible when Bitcoin isn't as secure as now I don't if kind of security problem will ever happen or not but if happens 1k is obviously possible. Most trader or holder won't ever think of dumping Bitcoin instead people want Bitcoin price to raise. If nothing big happens Bitcoin price goes to 1k is nearly impossible.