Author

Topic: Bitcoin will be less than 100$ by the end of the year (Read 3129 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: 1072
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: 1072
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.
legendary
Activity: 896
Merit: 1000
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.
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!
hero member
Activity: 826
Merit: 1000
The price could also be over 500$ by the end of the year, there is no true way of knowing what will happen..

I dont know, it been on a downward trend, and keeps to seem going down in the overall view.

But yeah, price spikes can happen at any given moment which I will never know why. Half the time I`m thinking its a whale who just recently got extra money to blow and decided to buy like 5000 btc.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
The price could also be over 500$ by the end of the year, there is no true way of knowing what will happen..
I think it's weird how many people don't understand that. Speculation is guessing, that's all, guessing. Perhaps it's comforting to think that some guru somewhere can predict the future?
legendary
Activity: 1204
Merit: 1028
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.


i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

And 99% of all those new coins coming up daily are basically means of scammers to get BTC off the unaware holders. Everyone wants to get BTC secretly or not.
legendary
Activity: 1456
Merit: 1002
Whatever floats your boat, but dont sink mine.

The rebound happens when its least expected in short spans, and the bigger ones are the one most people think they get it right based on PR news with btc with the whole ETF possibility.

I see everything based on risk management and each person has their own levels of risk, I invest not based on price.

I invest on the possibility of others adapting this technology which has significant value along with comparing the gold standard.
sr. member
Activity: 476
Merit: 250
I don't think it will happen, maybe for this year
bitcoin have strong support at mid $100-ish
although big (bad) event can affect bitcoin price, for example ISIS use bitcoin to purchase weapon system
legendary
Activity: 2101
Merit: 1061
Yet another post claiming what the price will be with ZERO evidence to support it.

WHY ?

The price will be less than $100 by the end of the year

WHY ?


If you have no fucking reasons then stop wasting my time.
legendary
Activity: 1022
Merit: 1000
I can't help but think that increasing adoption will prevent the price from dropping to 100 USD.  However, adoption has been increasing as we've dropped from 1000+ to the 220 we are at today.  Basically no way to know, but unless something fundamentally wrong is found with the protocol, I think bitcoin is here to stay.

Good Luck!
hero member
Activity: 505
Merit: 500
Now it wont, that's just crazy talk. Bitcoin wont go lower then $160 because I say so!  Cheesy I do think bitcoin will fall below $100 really.. maybe even to $50  Grin
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
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!
legendary
Activity: 896
Merit: 1000
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.
legendary
Activity: 3248
Merit: 1072
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.


i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

this is what i means with consolidated, the more coins are dumped at 200, the more it will be rock solid, until a point where no one(besides miners, but their dump isn't so huge in my view, also the halving is coming to make them less harmful) will dump under that value(200 in this case),
legendary
Activity: 1218
Merit: 1000
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.


i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

agreed bitcoin is at a pivotal moment at the moment things have the chance of going pair shaped lol Tongue
legendary
Activity: 1008
Merit: 1000
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.


i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.
sr. member
Activity: 322
Merit: 250
hero member
Activity: 518
Merit: 500
Trust me!
...
* Down is good for all the Mt. Gox bitcoin holders (me included) as the relative return in bitcoin is higher, the lower the price.
...

Well, if the conversion-rate of BTC/JPY indeed is fixed, it doesn't make much of a difference how the price performs. The ratio of how the remaining assets (FIAT holdings, BTC, assets, etc.) are being distributed among the creditors. Do we actually know for sure which method of determining the different creditors' stakes will be used or is this just mere conjecture!?
8up
hero member
Activity: 618
Merit: 500
Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.

How many chartists predicted the last three bull markets?

^^This was not serious. In my opinion, we are stabilizing @200 level.

All good analysts think we are heading much lower. They have a big followership. Hence most people apreciating lower prices already have positioned themselves accordingly at the sidelines. Who is going to sell, if not a whale from here? Therfore at best I can imagine a flash crash on will with included fast recovery. Afterwards we might see a long lasting lateral movement.

Edit: In hindsight we could realize, that as we are speaking are already in the midst (for 3 month+) of a bullmarket! Window of opprotzunity is closing soon wth the triangle. I am happy with every move.

* Down is good for all the Mt. Gox bitcoin holders (me included) as the relative return in bitcoin is higher, the lower the price.
* Stabilizing is good for long-time faith in the tech, prohibiting excesses in mining and merchant/consumer adoption.
* Up is good because it draws in a lot of new people and helps spreading the bitcion knowledge.
legendary
Activity: 1176
Merit: 1000
Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.

How many chartists predicted the last three bull markets?
newbie
Activity: 5
Merit: 0
I think so too. Not much changing + all the coins being mined I feel price will steadily decline.
311
full member
Activity: 230
Merit: 100
Come original.
Am i right or wrong??

 Roll Eyes If you're going to make such claims at least post your reasoning. Why do you feel bitcoin is going to achieve this figure?

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.
legendary
Activity: 1067
Merit: 1000
Will buy some for long term investment at $100.
legendary
Activity: 1232
Merit: 1000
Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run.  Wink
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  Smiley

Will you have a lot of kleenex? because im assuming after all of this FUDing it just means you've sold already, and aren't buying back.

Not fudding, BTC is in a downtrend.  

And are you kidding?  And miss all the fun when the bull run starts?  Don't worry, we'll be back.  For now, I'll be holding Ripple Snapswap.USD, Bitstamp.USD, a little Bit.USD and some NBT.  And I'm saving up some fiat from real life to add in my warchest.

Edit:  Although I'm holding a little bit of BTC for altcoin trading, I sold most of them in order to buy lower.
legendary
Activity: 868
Merit: 1006
That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  Smiley

Will you have a lot of kleenex? because im assuming after all of this FUDing it just means you've sold already, and aren't buying back.
full member
Activity: 120
Merit: 100
Am i right or wrong??
You are wrong, good thread by the way!
newbie
Activity: 14
Merit: 0
No ,youre wrong. Current electric cost is about $150-180. If you will be right at the end of year, we will close this forum too  Grin
legendary
Activity: 2170
Merit: 1427
Nope. By the end of the year we're very close to the block halving. It wouldn't make sense to see it going down that much.

By the end of the year we'll be at least over $300. Buy in while you still can at current price. Better safe than sorry  Smiley
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  Smiley
legendary
Activity: 1358
Merit: 1014
That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.
legendary
Activity: 896
Merit: 1000
you can't be more wrong. it's not going to happen. buy support is just too strong below $200 so don't keep waiting for something that's not going to happen.
legendary
Activity: 1358
Merit: 1016
It it goes to sub $100 I will buy as much as I can.

I am willing to take the risk.
legendary
Activity: 3248
Merit: 1072
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.


i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount
8up
hero member
Activity: 618
Merit: 500
Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.
legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
Sure thing, boss.

Hahahaha.  I was about to post the same.
legendary
Activity: 1008
Merit: 1000
the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

Am i right or wrong??

Move this to speculation.
legendary
Activity: 978
Merit: 1001
Sure thing, boss.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
or under 10$ ? or above 1000 $ ?
legendary
Activity: 3248
Merit: 1072
this should be posted in speculation

my mind says no, anyway, the fact that we are so near sub 200, it does not mean that it will not hold

the more it will stay around 200 the more hard it will be to dump under it
member
Activity: 82
Merit: 10
Am i right or wrong??
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