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Topic: Bitcoin price will go below 100 $ and then > 1,000,000 $ - page 3. (Read 926 times)

legendary
Activity: 2912
Merit: 1068
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Some people here obviously only look for some kind of attention. This is such a silly prediction that doesn't have any connection to reality and I simply can't understand where these ideas are comming from. Even a child could do better than this.
sr. member
Activity: 882
Merit: 269
How on earth this will happen? Bitcoin falling back to $1000 is almost now impossible and it is more in good condition now than before as many governments have started having an interest in it. For those thinking that something bad is going to happen and bitcoin will get down to $100! I completely disagree with you and I expect "forward ever and backward never".
sr. member
Activity: 2506
Merit: 368
I don't know what kind of drugs did OP take but with this kind of speculation, it is beyond our imagination.
I want a proof of that lost coin will become active and the price will go 1M, like really? For real? Grin
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
for someone who uses the username "longtermbitcoin" it looks like you are living inside of your very own imaginary world that is the opposite of the real world the rest of us live in!

this is not just for bitcoin, but for literary anything else. the price of nothing can fall down 99% and the recover. not just have a small rise afterwards but have a ridiculously gigantic rise of 999,900%.
this can happen in a shitcoin market with the volume of less than $100 and such coins don't last more than a month or so. but you can't even see this happen to bitcoin even in your dreams. that simply is not how the real world works.
hero member
Activity: 2730
Merit: 632
Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 it can't happen.
I heard if anyone do Cocaine then they sometimes come up with this kind of speculations 🤪
Not only Cocaine but with having some mix of Solvent. Grin

Dont know where he do get these ideas. Just come to think that reaching a few cents to 20k ATH do takes years to be done and we arent even
breaking even since. Dumping to $100 then shoot to 1M? Oh common.
hero member
Activity: 3052
Merit: 651
Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 it can't happen.
I heard if anyone do Cocaine then they sometimes come up with this kind of speculations 🤪
Grin

Hardcore.

Well, his speculations are also hardcore so I bet it just deserve that kind of comment.  Grin

Too much. Way too much.
Do not go way that far, for we have already been there and there is a little percentage for that to happen again. When I say little, you can equal it to saying it is impossible by now.
100, and 1M is just not the number we should be looking for but at least near what it is showing by now.
jr. member
Activity: 76
Merit: 4
I heard if anyone do Cocaine then they sometimes come up with this kind of speculations 🤪

It's more like hallucinations as a result of it. It's 99% impossible, and he may just be thinking about the 1% possibility. Just maybe may-be lol
jr. member
Activity: 76
Merit: 4
I've thought about it before; if some early adopters could get back access to their lost wallets. The price would definitely sink, if they took the coins out of the chain. But I doubt any of this would happen. I lost some coins over 5 years ago, and I know I'm never getting them back.
sr. member
Activity: 910
Merit: 284
Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 it can't happen.
I am not sure what technology you are talking about but my opinion is if the prices of bitcoin falls below $100 from the current price then it will be the end of bitcoin era for sure.
legendary
Activity: 1946
Merit: 1137
sorry to disappoint you but if you missed the chance to buy bitcoin many years ago when it was $100, you have missed that chance for good. if you missed the chance to buy bitcoin below $8k in this year's dip then you have missed that chance for good too. price will not go down specially that low unless bitcoin were dead. in other words if price fell to $100 ten it would also fell to zero and die. there won't be any recovery so don't be greedy Wink

Yes, after solving 'shalecoin'

stop inventing words Cheesy
legendary
Activity: 3808
Merit: 1723
This is a very strange topic. I think the original poster should of worded it differently.

What he meant to say is that Quantum Computing advanced too fast to the point where it could solve public keys. Meaning if they are present with a public key, they can compute the private key for that.

If this actually happened and it was leaked then BTC would probably crash under $100. Because the security of Bitcoin would be broken.

However even if there was a hard-fork with a quantum resistant code then who knows if BTC still could be rescued, it might of never recovered the crash.

Either way, this won't happen, at least anytime soon.
legendary
Activity: 1652
Merit: 1483
transitioning to quantum proof signatures doesn't solve the problem of vulnerable coins the OP is talking about. for example, the satoshi coins---most of which are apparently held on p2pk outputs where the public key is exposed. or [lost] coins that remain in addresses which have signed transactions before. these could constitute millions of bitcoins which would still be vulnerable on a post-quantum fork.

Wow, I always assumed it would protect past addresses, but now that I think about it, no fork can really change those. So I looked into the issue and it seems the community doesn't have a solution for this yet? That is a pretty concerning issue.

yup, it's a classic bitcoin political drama waiting to happen. theymos once suggested destroying lost coins after a certain deadline to prevent their theft, and there was a lot of backlash.

it's an interesting conundrum: if we do nothing, previously lost coins will significantly inflate the supply. if we burn long term unmoved coins, we are engaging in theft/censorship.
member
Activity: 653
Merit: 10
How come you can said bitcoin will be drop lower than $100, right now bitcoin have value above $10k and impossible could back to lower price how ever situation of bitcoin and altcoin.
hero member
Activity: 1834
Merit: 759
transitioning to quantum proof signatures doesn't solve the problem of vulnerable coins the OP is talking about. for example, the satoshi coins---most of which are apparently held on p2pk outputs where the public key is exposed. or [lost] coins that remain in addresses which have signed transactions before. these could constitute millions of bitcoins which would still be vulnerable on a post-quantum fork.

Wow, I always assumed it would protect past addresses, but now that I think about it, no fork can really change those. So I looked into the issue and it seems the community doesn't have a solution for this yet? That is a pretty concerning issue.
sr. member
Activity: 1036
Merit: 275

I heard if anyone do Cocaine then they sometimes come up with this kind of speculations 🤪

Hahahahahahaaha ...I think I might strongly agree with you on this.... How can you think that Bitcoin will go below $100 ?  I think he doesn't really understand how the entire bitcoin ecosystem operates. He is just saying anything he feels like saying.
legendary
Activity: 1652
Merit: 1483
For a tldr, ASICs generate more hashpower than quantum computers are estimated to be able to, and there are several quantum-proof signature schemes (available now) that Bitcoin could adapt.

This means that the threat of quantum computing could be solved by a hard fork anytime.

lamport signatures just require a soft fork AFAIK. the problem is transactions are ginormous.

transitioning to quantum proof signatures doesn't solve the problem of vulnerable coins the OP is talking about. for example, the satoshi coins---most of which are apparently held on p2pk outputs where the public key is exposed. or [lost] coins that remain in addresses which have signed transactions before. these could constitute millions of bitcoins which would still be vulnerable on a post-quantum fork.
hero member
Activity: 1834
Merit: 759
There's actually a proper paper out there that details quantum computing threats to Bitcoin, and details ways on how to circumvent them.

For a tldr, ASICs generate more hashpower than quantum computers are estimated to be able to, and there are several quantum-proof signature schemes (available now) that Bitcoin could adapt.

This means that the threat of quantum computing could be solved by a hard fork anytime. Hard forks should only be executed when absolutely necessary though, and we're several years away from that.
hero member
Activity: 1722
Merit: 528
How can those lost coins be active?

Some of that lost coins are sent to the null, or maybe void, as they call it and will never be used again. Most of that are lost, lost Bitcoin and lost wallet, lost private key also and can't be accessed until now. I don't think this will ever happen unless they create that lost BTCs, that is impossible though.
sr. member
Activity: 1002
Merit: 250
Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 it can't happen.
I don't think this thing can happen. All of us believe in the future of Bitcoin and have a lot of investors are waiting to buy bitcoin with a lower price, this thing will be the strong supporting wall for the price of bitcoin.
legendary
Activity: 2030
Merit: 1189
Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalksearch.org/topic/bitcoin-as-shalecoin-5134441 it can't happen.

Wow, thanks for that thoughtful breakdown with absolutely no evidence whatsoever.

Nobody cares what your ridiculous brain thinks. If Bitcoin goes below $100 that would indicate it is near death.

It's not going to go anywhere near that low and then suddenly jump to $1 million. Quantum computers cannot crack SHA256 cryptography yet, and likely wont anytime soon.
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