How low do you think Bitcoin can go ?

[Deleted member 813988]

Why?Many People like you think its zero, but the reality is another thing and price goes up every year.Wait until it drop to zero.

Sooner or later, just a matter of time.
Though, I won't wait, I don't have any bitcoins

 

[face200]

Sooner or later, just a matter of time.
Though, I won't wait, I don't have any bitcoins

You are wrong.

 

[seoforme]

I think it can go low as 3000. But not under unless something drastic happens. I don't see it going as low as 3000, but I don't think it will crack 3000. Pretty strong resistance there.

 

[MikePaul1788]

Everything can happen in the market, but i doubt it will reach that low level.

 

[egriftinc]

I feel it might actually go back to the hundreds at one point.

 

[seoforme]

I feel it might actually go back to the hundreds at one point.

No way. Too many multi-billion dollar companies have too much invested in exchanges and various companies to let it drop that low. The volume of the market isn't that much that they can hold the market up way before it gets to 1000. Plus with all the media hype it has gotten over last year and a half people would rush in before it hit hundreds.

 

[AngelSeo]

I feel it might actually go back to the hundreds at one point.

Yep because all the people that get in at 5-10 or even 15k are dying to sell at loss..

 

[Alex D.]

I think that it will go below 5k.

 

[jayhop]

It won't disappear. That's for sure. Its used by many people to launder illegal money. Until it gets accepted by banks, stores it will have a hard time catching on. Other currencies are backed by a government. This is only backed by an algorithm.

 

[seoforme]

It won't disappear. That's for sure. Its used by many people to launder illegal money. Until it gets accepted by banks, stores it will have a hard time catching on. Other currencies are backed by a government. This is only backed by an algorithm.

Criminals stopped using bitcoin to launder money like 5 years ago. It is easy for police to track. They use monero and other untraceable currencies.