Martinsx Posted December 5, 2018 Share Posted December 5, 2018 With the current rate in how Bitcoin price is falling, do you think it would fall to $1000 per BTC sooner or later? Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/ Share on other sites More sharing options...
JPK0007 Posted December 5, 2018 Share Posted December 5, 2018 Well ideally i would like the Bitcoin value to stabilise now after the recent fall in its value but there are many reasons why there is a speculation that Bitcoin could very well rech the $ 1000 mark in the coming days. Many countries throughout the World have brought in stricter regulations in regard of cryptocurrency use.There is also the problem of Bitcoin and other cryptocurrencies been misused by rogue organizations for illegal purposes.The volatility and the downward trend of Bitcoin value and all these problems can very well bring the value of Bitcoin to $1000 or even below that. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3170 Share on other sites More sharing options...
Caguioa747 Posted January 4, 2019 Share Posted January 4, 2019 That is a big NO, That would never happen to bitcoin because if the price of bitcoin reaches $1,000 or lower in less than an hour its price would go back up again. because if bitcoin's price goes down a lot of investor's will buy or HODL and once than happens naturally its price will go back up again. one principal rule in cryptocurrency world is "Buy low and sell High". Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3757 Share on other sites More sharing options...
Alymae Posted January 4, 2019 Share Posted January 4, 2019 I am not sure because it seems all the predictions about bitcoin has not come true. What I know is bitcoin has been in the market for a very long time and has stood against all odds. It has suffered a lot but remains standing. I hope that the value of bitcoin rises. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3760 Share on other sites More sharing options...
axl2468 Posted January 4, 2019 Share Posted January 4, 2019 Currently the lowest points of bitcoin annually has been increasing. Last 2018 its lowest was about $3,000. Unless something significant and devastating happens relating to cryptocurrencies or if suddenly every single major country bans Bitcoin, it's not going to fall down to $1000. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3763 Share on other sites More sharing options...
philipdavid016 Posted January 4, 2019 Share Posted January 4, 2019 I hope its not going to fall down to $1000 level. I hope that the price of bitcoin will not continue to drop. Many who have invested in bitcoin will lose their money. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3779 Share on other sites More sharing options...
Rathiel Posted January 4, 2019 Share Posted January 4, 2019 At the moment, bitcoin appears to be stabilizing so unless there's another bubble, it's not going to fall much lower. It's still too early to tell, though. If the world economy tanks too, that might be another cause of bitcoin devaluation since people might be forced to off-load quickly. Let's hope that that is not the case. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3780 Share on other sites More sharing options...
Alania Posted January 4, 2019 Share Posted January 4, 2019 In theory anything is possible, especially if some other cryptocurrency takes its' place, but that's unlikely. As I keep telling people, nothing out there will beat Bitcoin. I believe we can expect a steady growth. Quote Link to comment https://slingbank.com/forums/topic/1835-do-you-think-bitcoin-would-fall-to-1000/#findComment-3833 Share on other sites More sharing options...
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