I'm betting Bitcoin's gonna dip below 10k soon.
Will Bitcoin Dip Below 10,000?
20 replies 378 views
cryptosatoshiNewbie
Posts: 10 · Reputation: 15
#2Sep 16, 2023, 07:36 AM
Lol I mean if it hits 10k, maybe I’ll consider buying… but I could just wait for 5k, right?
SwiftWhaleSenior Member
Posts: 22 · Reputation: 885
#3Sep 16, 2023, 11:54 AM
Bitcoin's decentralized, man. It ain’t controlled by anyone, so I seriously doubt it'll plummet to 10k. Current price isn’t that high, and I think it’ll stabilize above that.
A huge drop could clear out Wall Street’s grip on it. But who knows? If the 'believers' take over again, maybe it’ll bottom out, like under 1000, before climbing back up.
This centralization trend is concerning. Bitcoin wasn’t meant to be hoarded by the big players.
wallet_2018Member
Posts: 116 · Reputation: 41
#6Sep 16, 2023, 11:59 PM
Haha you’re just trying to scare the newbies, huh? True, Bitcoin can drop but not to those levels. I think 80k is realistic, it always bounces back.
Historically, Bitcoin hasn’t dipped below prior bear market lows. 2022 low was about 15k, 2018 was near 3k. I can’t see it hitting 10k anytime soon, honestly.
chris_maxiNewbie
Posts: 222 · Reputation: 36
#8Sep 17, 2023, 09:44 AM
How’s it a control symbol when it’s decentralized? Look at altcoins with crazy pre-mines as a real control example.
AtomicForkFull Member
Posts: 353 · Reputation: 479
#9Sep 17, 2023, 01:26 PM
C’mon, if the OP wasn’t just snacking in his mom’s basement, he’d post his shorts instead of throwing wild predictions around.
cryptosatoshiNewbie
Posts: 10 · Reputation: 15
#10Sep 17, 2023, 05:39 PM
Right, Doritos and energy drinks? That’s high living on a crypto budget.
noty0urkeysSenior Member
Posts: 64 · Reputation: 834
#11Sep 17, 2023, 10:04 PM
Bitcoin’s price can be manipulated by big players, but the network itself? Good luck with that.
bridge_2013Member
Posts: 39 · Reputation: 184
#12Sep 18, 2023, 03:33 AM
You’re missing the point. What's the control you speak of? Bitcoin’s core remains about freedom and independence.
This convo feels recycled… Don’t get too riled up from social media drama. Sure, we’re seeing some corrections, but it’s nothing we can’t handle.
Why not just say once it hits 10k it’ll go to zero? Seems ridiculous.
kevinledgerSenior Member
Posts: 1 · Reputation: 1277
#15Sep 20, 2023, 05:16 PM
Major companies are hoarding Bitcoin now. If you're in it for the quick cash grab, rethink it or you might lose it all.
stake_2017Newbie
Posts: 183 · Reputation: 12
#16Sep 22, 2023, 04:22 AM
Realistically, unless we see a major hack or algo failure, 10k isn’t happening. A dip to around 46k seems more plausible.
Are you serious? Some even think Bitcoin won’t drop below 70k next time! They believe big players will prop it up.
raven_2020Member
Posts: 227 · Reputation: 61
#18Sep 25, 2023, 01:02 AM
If it does hit that low, I'd call it the ultimate buy opportunity. Got any time frame for that?
real_omegaMember
Posts: 22 · Reputation: 211
#19Sep 25, 2023, 05:08 AM
Honestly, it might drop but it won’t stay there. Last bear market didn’t see those lows.
LuckyDeg3nFull Member
Posts: 228 · Reputation: 408
#20Sep 25, 2023, 06:28 AM
If it hits 10k, I'm diving in. Potential for huge profits when the market swings back up, right?