bitcoin won't touch 500 dollars in any time future the reason is the market is having dip but least possible downtime is 5000 dollars
the title of the theme sounds horrifying at all. Of course, if you remember 2016, then $ 500 for Bitcoin would be fine, but for today it will be almost like a nightmare.
Maybe it is horrifying but for some it's an opportunity, if it actually happen maybe it would last for an hour, even I myself would take that opportunity to buy. But I believe it's still impossible since it became widely used and accepted compared before, even if it hit $1.5k it would probably last for a moment.
Yes, it might be horrible but some thing usually come out of it. However, to be honest the price of the bitcoin market will never touch the $3000-4000 price range not to talk of the $500 mentioned.