Topic: Bitcoin price will go below 100 $ and then > 1,000,000 $ - page 2. (Read 926 times)

We are not stranger to this kind of wild speculation on the price of Bitcoin...I am just wondering why it should be $100 when in fact we can just put ZERO in there? Now, for that to happen, maybe it can take the end of the world kind of catastrophe to hit on a global scale where all economies are decimated and millions of people just died and can be dying. In other words, when it is the end of the human race and all the living things in this planet maybe that can also be the end of Bitcoin.

while it is possible , technically , to go back to the 100$ mark for bitcoin , it is highly unlikely
this would mean either a complete collapse of the coin i.e. some critical flaw discovered
or a new shiny super coin emerge that dethrones bitcoin and make the majority of  all other alts obsolete
either way it would signal the end of bitcoin as the "gold" of cryptocurrencies and pretty much ends its presence on the market
I agree with your statements about central banks , but inflation can only lead to the price increase since the amount of printed coloured paper they call money increases
in a geometrical progression and there is not enough resources to sell for it , therefore the money have no substance behind it and the prices rise inevitably

Whenever Bitcoin started to look good we always began to hear this type of story. It is sad that we the enthusiasts are the one creating this type of fear in people to sell their holding. Thank you @Buwaytress for this type of view you have and let them bring such bitcoin into the market and strongly believe in a day people are going to buy everything off and the market will get over $10,000 again. In 2012 we hear this type of fud, in 2017 we hear the same thing and now they have started again! It is good to be patient with the market if you are new about how people create this type of topics for fud.

Problem is too many people would love it and it'll never reach that low while people are demanding and buying it on the way down.   

$100 BTC is possible, I've traded it at that price but the landscape at that point in history for Bitcoin and just the world generally was substantially different to now.   Nothing is impossible, water can run uphill but we have to consider the factors for a tide change that would bring about $100 BTC and nothing the OP mentioned would cause that.
    The first most important requirement is hard currency standards, again I can remember when plain cash across many nations was commonly giving rates of return of about 10% just by visiting any bank and placing a simple deposit.   At this point banks required your capital to operate and loan, profit from the business of transmitting value in an economy.    The current system has funding via central banks with fixed rates via QE
  
 The modern economy and monetary base we have drifted into has the loosest monetary standards that have existed in hundreds of years perhaps.   The worlds largest central bank just cut rates from its great high point of 2.5%    If thats the peak of the cycle for interest rates in western economies, no further proof is needed that loose money and inflation is unlikely to let many prices fall.

What was the amount of lost coins at the least conservative estimate again? Let us say 20% of current supply? So that is 3.6 mill coins. Let's just be kind and round it up to 4 mill.

Drop that in the market across let us say 10 exchanges and you have 400k dumped for orderwalls. That might crash things, but not for long.

Bring it on, though. Would love $100 btc!!!

OP is trolling all of you. Haha.

Mods lock this topic.

Lol! @OP I assume you have made enough research to come to this unbelievable conclusion, or whomever is the original source of this information has done some research, well in any case, i only required a time frame when this will be happening so i can get some cash ready, that will be a lifetime opportunity to be a btc whale
Warming up to buy some cheap btc

This is impossble because once you lost acccess tl your coins e.g private keys or recovery seed you coins is going forever and no way to get them back without private keys

You have quantum computers and quantum computers that use entanglement. For cracking you need the latter. The ones currently being built are the first kind to my knowledge. But it is not my expertise.

And Bitcoin can adapt it's encryption. IOTA already used post quantum encryption.
Also most secure wallets use new addresses after each transaction. This protects the public key and makes cracking much much harder.

So in short it won't be a threat soon.

Pointless indeed cause bitcoin never go below $550 before the previous halving if I could remember correctly and I wonder where on earth someone can boldly make a prediction of bitcoin going below $100 to the extent of creating a thread for not even when the number of bitcoin users is increased than previous years.

You are right this is not true price of bitcoin can never be that low I know it is not very high now a day but it cannot go to 100$ at all because we all know that it’s beginning price of bitcoin. I am expecting the price of bitcoin will be more than 100k $ but we will have to hold it and wait for such huge pump.

What an utterly pointless post. 

one thing for sure : bitcoin won't be costing 100$ again
another thing , drugs are bad , mkay 
both figures are rather improbable , the 1 mil one is not impossible , at least in the long run
quantum computers problems will be dealt with when there is one working quantum computer
so far it is only speculation and waporware  ,including the one "operational in China"
if such a computer exists , bitcoin's cryptography resistance will be the least of the worries - the country that possesses such computing power will simply rule the world

What have you been smoking?

It's the same like those people who says XRP will have higher price than bitcoins LOL

99,991,387,607 XRP in total suppley means 99,991,387,607 * $10,480 (considering bitcoins current price). Does anyone have any idea about the total wealth that was calculated in the world economy? 🤪

None expected the price to reach $20k at this earlier stage, now the market is well established with large number of firms getting into usage along with countries adopting bitcoin. These will not let the market fall low, but bitcoin is an manipulative asset. Earlier when it drowned reaching $3k there were prediction predictions stating it might go low to $2000. In that case of large whales tie hands then dumping the market is possible in my belief. If I'm wrong please correct.

So the protocol is no longer secure or decentralised.   This also causes far greater supply over a short period of time, these two things might explain the $100 target.    I dont see why a compromised protocol is then a reason for the 1mil price target.    Are we then saying the Dollar swap rate is bullish because dollar is more greatly compromised then Bitcoin.
     The biggest point BTC has in its favour always, now and forever will be the unique point of decentralised confirmation and security, if it doesnt have that its about as different as paypal is.   

There no rules anymore before why could predict some price drops and changes but now even with halving everything is now unpredictable in any way.

That's so cheap and huge crash if you have to visualize it by chart. $100 is big loss if ever it might crash unexpectedly and impossible that it could recover so fast until $1million. Latest updates on btc price is nearly possible after corrections that recovery development is moving forward at least $15k top price by August.

Did you read the OP?

I don't know anything about the likelihood or timing, but it's not inconceivable if quantum computers are really able to crack Bitcoin private keys. Just imagine if the Satoshi coins (possibly millions?) are stolen that way. The market couldn't handle hundreds of thousands or millions of coins being dumped at once. In the wrong hands, those coins could easily dump spot exchanges down into the double digits.