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Topic: Bitcoin will be less than 100$ by the end of the year (Read 3123 times)

legendary
Activity: 2170
Merit: 1427
Less then $80 it will be because I have my buy set ther.

Do you happen to think before placing comments? It doesn't make sense at all. And I seriously doubt you have placed a buy order there.
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
Im a proposer of the 2 figure vision before we see ATH ever again, and I welcome this theory with open hands for I am in severe need of cheap BTCs.

If we do enter double digits again, we could come very close to a point where we begin hurting the Bitcoin ecosystem. Even now many services are closing shop and just seize existing directly or indirectly caused by the low price. We really don't want to go much lower at this point. We've got a nice potential trend-reversal going at the moment, let's try to hold on to that for a while sill!
hero member
Activity: 505
Merit: 500
Less then $80 it will be because I have my buy set ther.
sr. member
Activity: 266
Merit: 250
if it does then just buy even if you arent interested in bitcoin longterm and sell when it goes back up to 200-300. easiest way to double/triple your money.
hero member
Activity: 700
Merit: 501
Im a proposer of the 2 figure vision before we see ATH ever again, and I welcome this theory with open hands for I am in severe need of cheap BTCs.
full member
Activity: 149
Merit: 100
i've seen lots of those posts where people think it will go back to $100 or $200.. but it hasn't even come close yet. after all these mini crashes and mini rebounds, it seems to me that BTC is becoming more resistant.
full member
Activity: 234
Merit: 100
i think in the end of the year we have 280-300 usd per btc.
since the last weeks the btc goes up
full member
Activity: 213
Merit: 100
For it to drop until that low will need some considerable selling pressure to force it down. Unless there is some oversupply going on, I don't see it happening anytime soon. Another reason I would say is that, most people think that 100 is a fair price to pay for a bitcoin, so even if it did fall to 100, it definitely won't remain there for long as people would immediately buy whatever amount they can at that bargain price.

From experience, it doesn't take much to cause cascading margin call on multiple exchanges at the same time. And these events do cause a big dent on btc price today.
Q7
sr. member
Activity: 448
Merit: 250
For it to drop until that low will need some considerable selling pressure to force it down. Unless there is some oversupply going on, I don't see it happening anytime soon. Another reason I would say is that, most people think that 100 is a fair price to pay for a bitcoin, so even if it did fall to 100, it definitely won't remain there for long as people would immediately buy whatever amount they can at that bargain price.
legendary
Activity: 3248
Merit: 1070
You're smoking heavy doobies if you think it's going below $100 now.

he said by the end of the year, which isn't "now", there is chances(while they are slim, they are there) that it may fall to 100 or lower, it could also be for just 1 day only, but the posssibility is concrete

but a permanent decline to 100 is out of question
full member
Activity: 213
Merit: 100
Am i right or wrong??

Most likely wrong given the price right now.
hero member
Activity: 588
Merit: 500
You're smoking heavy doobies if you think it's going below $100 now.
newbie
Activity: 55
Merit: 0
No i don't think it will happen !!!
hero member
Activity: 505
Merit: 500
if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.

Well, at some point the price will have gone so low that the underlying economy may take a hit that is too big to maybe ever recover from it. At some point too many people will have lost hope and abandon Bitcoin for good. We're not at this point yet, but if it goes into the double digits, things might get pretty dangerous rather quickly! Let's hope that it doesn't ever comes that far!

from this point the price will surely go up. it still might dip below $200 but with the halving in sight bitcoin looks very solid as investment. what happens after that comes later.

oh yea it will dip below 200 soon. bitcoin is still bleading
hero member
Activity: 518
Merit: 500
Trust me!
Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run.  Wink

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

"Around the corner" is still 1 1/4 years down the road, though. Although it is a good thing that it's not even longer until then, we need to cut down the supply of new coins ASAP, especially regarding the current prices and trends!

this 1 year that separe us from the halving is a good test to see if bitcoin will increase all by itself, or if we need the halving every time, to have a good increase, and without seeing bitcoin with one foot in the grave...

Keep in mind, that the halving is being priced in gradually, the more we approach it. I'm sure - to a certain extent - it's already priced in even today, without us even realizing it. The more we approach it, the more the price will be pushed upwards.
hero member
Activity: 518
Merit: 500
Trust me!
Nah, it depend the news and the gossip about bitcoin. If it gonna bad news/gossip maybe bitcoin gonna go down will be less than $100. But i think it's not gonna be happen and it will stable maybe around $200. But it can also decrease depend the gossip and news that i talk about.

News don't affect the price (anymore) that much. Although I believe the last few days may have actually been a rare occasion in which news did actually fuel the price and help it changing the direction.
newbie
Activity: 8
Merit: 0
meh probably not  the price has been pretty stable for several months

guess it will be closer to A$1500
legendary
Activity: 3248
Merit: 1070
Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run.  Wink

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

"Around the corner" is still 1 1/4 years down the road, though. Although it is a good thing that it's not even longer until then, we need to cut down the supply of new coins ASAP, especially regarding the current prices and trends!

this 1 year that separe us from the halving is a good test to see if bitcoin will increase all by itself, or if we need the halving every time, to have a good increase, and without seeing bitcoin with one foot in the grave...
full member
Activity: 224
Merit: 100
Nah, it depend the news and the gossip about bitcoin. If it gonna bad news/gossip maybe bitcoin gonna go down will be less than $100. But i think it's not gonna be happen and it will stable maybe around $200. But it can also decrease depend the gossip and news that i talk about.
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