BTC To Under 100$ - page 6. | Bitcointalksearch.org

eaLiTy

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Quote from: alexey14 on January 22, 2019, 05:39:57 PM

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game.

There is no way that the price of bitcoin goes under thousand dollars, let alone the rates you are dreaming off. You need to find a time machine to go that far Angry

hope you understand what I meant. So stop dreaming about these prices in the first place and enter when the price is low if you are looking for profit in the long run.

kickdapa

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No this is not possible. If you don't mind then I suggest you please stop making these types of Question or post! Because many people can get hurt by seeing that people are talking about BTC at 100 USD! We can see BTC price under 3K USD or 2200 USD, So, be ready for that and try to research what's going on in the crypto market right now.

STT

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That's impossible to happen mate since bitcoin still have strong support

Nothing is impossible, a healthy market will price in every event. Part of the price now will still be the idea that Bitcoin will not be a survivor or capable in two years or so. Hence when Bitcoin is still around in a couple years and has continued to prove itself resilient and capable the market will have corrected itself over time rather then purely price.

I think thats part of whats occurring now, when people talk about overly negative prices they are thinking in one dimension only. Traversing markets for a profit of any kind is like log walking as we move fast down stream over white waters, most of us will get wet at some point but doesnt mean the log must sink; its superior to us all in this regard Tongue

deisik

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Quote from: romero121 on January 29, 2019, 10:57:37 AM

Bitcoin to be under $100 isn't gonna happen anymore, because the market has developed a standard value for bitcoin. The cyclic process might repeat, because we cannot predict things happening depending upon the underlying technology. The adoption of cryptocurrency and bitcoin keeps increasing, upon that we cannot expect the value go low to $100 anymore

We still can't completely discard a possibility of a Black Swan event

For example, someone discovering a critical bug in the Bitcoin-Qt wallet like the one found there recently, and then exploiting it to the full. Without such an event actually happening, it is unlikely that Bitcoin will fall so hard, but if it tanks below 2k (which is quite possible), it will still be a Black Swan-ish event for the majority of the Bitcoin crowd (especially, the long-term holders who bought near the 2017 top)

Naida_BR

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Quote from: alexey14 on January 22, 2019, 05:39:57 PM

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.

What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )

BTC price will rise only If it get more popular.
Do you know how current BTC price is expensive for people in 3rd world countries like India? they need to save $ for 2 years to buy 1 BTC,
We need all of this people to invest in BTC.

I don't think that bitcoin is going to drop at $100 anymore. We have passed this level and new supports have been created higher than this price. I believe that we are going to see another drop in the price, a little bit below $3k, but this will create a huge buy order book that will push the price to the next year's high.

Ararbermas

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That's impossible to happen mate since bitcoin still have strong support. Indeed that is the main reason why it's keep holding on the current resistance . And in my view even below 2k as well has no tends to happen in the future because BTC still so volatile in the market and keep showing small pump. So definitely there's no way it will happen in the future unless ppl stop buying IMO.

romero121

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Bitcoin to be under $100 isn't gonna happen anymore, because the market has developed a standard value for bitcoin. The cyclic process might repeat, because we cannot predict things happening depending upon the underlying technology. The adoption of cryptocurrency and bitcoin keeps increasing, upon that we cannot expect the value go low to $100 anymore.

gabmen

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Quote from: flemmings02 on January 28, 2019, 02:04:40 PM

It is possible logically, but what are the chances of it happening ? I think this is the most ridiculous bitcoin price speculation I've seen all year, and I don't believe bitcoin will fall under $100 simply because of this nonsense analysis.

Lol. I doubt anyone thinks that way as well. Even at 2k i think whales would already make a move and if ever we go that low the bounce would be very swift. Most people don't really believe in extreme speculations anymore like the price dropping that low or booming to another ath in a year.

flemmings02

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It is possible logically, but what are the chances of it happening ? I think this is the most ridiculous bitcoin price speculation I've seen all year, and I don't believe bitcoin will fall under $100 simply because of this nonsense analysis.

bitbunnny

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Although Bitcoin price could go lower than it's now I don't believe it will fall all the way to 100$, such predictions are exaggerated. Although many wouldn't agree with me I think that even in some worst scenario this will happen I don't consider this to be such tragedy. We've seen that price before at the Bitcoin's begininig and I think even now at that price it would have their users and supporters. And how it can go lower, so it can go up too, just need to wait long enough.

STT

legendary

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A proper market should have an upside for some portion of users at every price level. So lower house prices = easier for new buyers to enter market for use up housing stock. It neutralises the negatives I guess, so BTC has positives or not is a good question

I can actually remember BTC at 100 and I was getting BTC from just plain use of the computer for mining. I dont know it'd be the case but perhaps a lower price would be a return to crypto roots and let us simple users mine again. That'd be nice if it was possible because I'm not a fan of how centralised all the mining pools became

VeeraS

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seriously?
I think that's just your assumption, to go down to 100 $ is something that will never happen, it seems that estimate is too far away. I think bitcoin can decline maybe at the lowest level of 2k, no more than that
and while mining is always there, because every BTC transaction requires miners

ophyrim

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Quote from: alexey14 on January 22, 2019, 05:39:57 PM

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.

What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )

BTC price will rise only If it get more popular.
Do you know how current BTC price is expensive for people in 3rd world countries like India? they need to save $ for 2 years to buy 1 BTC,
We need all of this people to invest in BTC.

İf the price drop to 100 USD believe me, you are not going to see new buyers. You are going to see much bearish news like "the dead of BTC" or "BTC to zero" etc. this news and of course a run from 20k to 100 USD will prevent them to enter the market.

1Referee

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Quote from: BitHodler on January 27, 2019, 03:14:00 PM

Right now people seem to be overly concerned and expect the price to tank hard (they speculate about a $3000 bottom, $2500, $1500, $1300, etc), which is reason enough for me to hope for a bullish move up.

That 200 wma is a very important support line we'll be dealing with a whole lot more this year. Bots pretty much use the past as a guide and the past was exactly like that; in 2015 the 200 wma was something we couldn't distance ourselves from for a long ass time. It was like a magnet pulling back the price every time it wanted to break out to the up side.

It's tempting to open a short, but on the other hand quite risky too at current levels with how thin the books are. We have had plenty of wigs to the up and down side liquidating shorts and longs so if I end up opening a short, I'll have it be at 2x leverage. Anything higher than that is gambling at this point.

deisik

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Quote from: philipma1957 on January 22, 2019, 05:47:34 PM

2k-3k is the floor.

there is a real reason for those numbers.

at least 40% of the hard iron mining is used to help power plants load level when they have excess power

I'm curious how low should the price crash to make people finally forget about the costs of mining. When Bitcoin traded above 6k, quite a few folks here aggressively claimed that there was not a single chance that the price could ever go below 6k because that was the cost of mining. Now the price is trading below 4k, and so what? Did the cost of mining prevent the price from plummeting below 6k, may I ask you? The price can crash to 1k and the cost of mining will have no effect on this downfall

Why are people repeating the same bullshit again and again even if they are constantly being proved wrong?

Idrisu

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Quote from: Wilhelm on January 24, 2019, 04:15:33 AM

The US inflation and current president will make it impossible for Bitcoin to go below $100 Cheesy

I don't think bitcoin is going to go below $100 and there are many articles and post that people are making with the aim of creating fear and panic. I think the wise things to do is to show us how technically bitcoin is going to fall below $100?

STT

legendary

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Quote from: Wilhelm on January 24, 2019, 04:15:33 AM

The US inflation and current president will make it impossible for Bitcoin to go below $100 Cheesy

Thats pretty much my thoughts and I think about 99% of people dont appreciate why a very hard dollar policy is so unlikely. It would have so many side effects and would reflect policy not seen since the early 1980's in the term of Paul Volcker (15% interest rates)

Soft dollar, excess inflation and continued debt spending fiscally and nationally means that alternatives to dollar globally will be in demand by the wider global population. BTC has to be efficient but can be a contender for spending at least online I think it can be a product that will keep used in 2019 2020 2021 2022 2023 and as far as I can think of. We havent yet seen a better product to beat it

BitHodler

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Quote from: mirakal on January 26, 2019, 09:28:34 PM

I believe it has reached its bottom already.

People also believed the bottom was in at $6000 with how it was supported for months. Most of them were so confident that they were already speculating about the next bull run and insane prices levels before the end of the year.

The mass in most cases is a counter indicator. If they are bullish, you should not be, which we have seen last year with how the price went down around 50% in a short period of time.

Right now people seem to be overly concerned and expect the price to tank hard (they speculate about a $3000 bottom, $2500, $1500, $1300, etc), which is reason enough for me to hope for a bullish move up.

Herbert2020

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Quote from: mirakal on January 26, 2019, 09:28:34 PM

Quote from: semobo on January 26, 2019, 03:50:15 PM

People is going to make predictions as much as they can but the possibility of happening is very low in my opinion the price of bitcoin already reached bottom level for now so no more price declining, just invest now and you will get more benefits later.

I believe it has reached its bottom already.

We should look for the chance to increase now than think of a next wave of down trend, if you stay positive despite of the big correction in the past, that will make you stay and eventually make you successful in investing. You have the faith of a real crypto believer, so you will be one the reap your profit once everything turns to the right path.

you know sometimes it really doesn't matter if we have reached the "bottom" or not as long as we are close to it. for example back in 2014 price was at the bottom when it reached $250 and if you bought then and there while it lasted for months then you could have been a big winner in the long run. but guess what, the $250 was nowhere near the bottom! the "bottom" was $150 but would you even care if you bought at $250 or $150 when price went up to $20000 afterwards? not to mention that this "bottom" at $150 only lasted a very short time so if you blinked or were asleep at that time, you would have missed it!

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Quote from: semobo on January 26, 2019, 03:50:15 PM

People is going to make predictions as much as they can but the possibility of happening is very low in my opinion the price of bitcoin already reached bottom level for now so no more price declining, just invest now and you will get more benefits later.

I believe it has reached its bottom already.

We should look for the chance to increase now than think of a next wave of down trend, if you stay positive despite of the big correction in the past, that will make you stay and eventually make you successful in investing. You have the faith of a real crypto believer, so you will be one the reap your profit once everything turns to the right path.

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