Quote from: Hazir on December 28, 2016, 04:57:08 PM

Quote from: tequilamockingbird on December 26, 2016, 10:10:58 AM

With $1000 in the not too distant future and the ensuing sell off (I'm sure many consider this a psychological target to sell 20-50% of their bitcoins for profit, if only to re-invest after the drop).

The question is: after $1000, just how far do you think BTC will drop back? Could we see the days of $500 from August again, or are we stable above $800-900?

With this mentality of not believing that bitcoin can reach higher plateau of price range and remain there what chances do we have of ever reaching ATH far beyond $1000?
Bitcoin is not FIAT, with inflation and centrally steered value, BTC is designed to be deflationary. Why people can't understand this?

Perhaps I should have said the short term drop after hitting $1000, because I am also a firm believer that the value will go to the moon over the next few months and especially over the next 25 years as the bitcoin is mined BTC BTC BTC