At first I do not believe that bitcoin can go as low as $1000 but and I am still not fully convinced that this will happen, but if we are being realistic about it, there is a chance that the price of bitcoin might collapse to $1000. That being said, I do not think that bitcoin will die even if the price drops that low. It is just far too established for bitcoin to end just because the price falls at $1000. What do you think?