Quote from: Deubila on August 26, 2018, 02:56:01 AM

Quote from: michellee on August 23, 2018, 05:02:10 AM

I think if bitcoin break the $6000, then bitcoin price can get lower and maybe $5000 is the lowest price. and if the price still going down and reach $1000, then we might be back to 2011-2013 again because in that time, bitcoin price is down too deep and it stays in that price level for a long time. and if this is really happening, then many people will get a huge loss especially for people who bought bitcoin at more than $5000 price level and they need to wait for a long time to see the price can back to that price level.

The rich, the last time hard to lose holes. Their volume of assets likely to come with usdt should also. And if it's down to 1k is sure to crown the new millionaires.

I don't think that the bitcoin price will down to $1k because if this is happening, then we can see the cryptocurrency will crash and many people will leave cryptocurrency. besides that, there is no chance for the cryptocurrency to rise again and maybe there will be a new technology that is better than the cryptocurrency. but there are many possibilities for bitcoin to go down again but we don't know how much the price can down and we only need to wait for a while.