Quote from: warwar on December 29, 2016, 02:00:01 AM

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?

As it reach to $1000 by new year i think it will drop back to $900 or below and it is stable on that price . We should be glad to see bitcoin price reach at 1k and we dont know if we could see it again sooner or later. But it is just speculations we dont know the exact price of drop but im sure it will drop soon.

well I am also hoping that the price will just fall back to $900 even $800 could be good in my view . as of now the price seemed to be very active that it could hit $1000 as soon as possible and it would be great as I'm going to see it become $1000 price value for the first time . all of us didn't know what will be the exact price of bitcoin after it drops back so let's just see what will happen in the next couple of months .