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Topic: BTC To Under 100$ - page 8. (Read 1176 times)

legendary
Activity: 1006
Merit: 1000
SafeHaven.Finance
January 23, 2019, 04:09:18 PM
#30
No way Smiley We are not living in 2010 and my date is correct on pc. 100 bucks is nothing that we discuss everyday here and thinking ways to develop this crypto industry.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
January 23, 2019, 02:39:35 PM
#29
Bitcoin to under $100 is impossible unless something catastrophic happens with blockchain technology.
OP stop trolling & looking for attention by shit posting.
jr. member
Activity: 268
Merit: 1
January 23, 2019, 02:10:14 PM
#28
Personally, I think this will not happen - that bitcoin will drop to $ 100. Bitcoin himself is well known and the price of $ 100 was already 6 years ago. In my opinion, there is a limit where bitcoin may drop - 3k $ max to 2k $.
Miners mined even when btc was at a lower value than now is. Even though i understand it - the lower price of btc more people trades. I would rather say that big investors are also important.
member
Activity: 602
Merit: 10
January 23, 2019, 02:00:59 PM
#27
Even though the market is very bad and so many people are panicking and tired of market conditions, the market will not fall to touch the base of $ 100, and I never thought that would happen with bitcoin.
legendary
Activity: 2170
Merit: 1427
January 23, 2019, 10:03:02 AM
#26
Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.

These are the threads you want to see pop up as bull. Dumb money functions as counter indicator (e.g. they buy when you should sell, and sell when you should buy), so whenever you see them freak out like this, know that we might be near a point at which we will bottom out (if we haven't done so already).

It would have been a bit more realistic if it was $1000 OP referred to, but hey, it still signals bearishness.

Where is kwukduck when you need him, he was a pro in making people freak out. His absence might indicate that he doesn't know what's going on, or he simply doesn't care anymore. Don't think he's banned considering his BTC address in his profile, which is usually gone when someone is banned IIRC.
legendary
Activity: 1652
Merit: 1265
January 23, 2019, 10:00:00 AM
#25
These types of threads remind me I should buy more  Grin
legendary
Activity: 3024
Merit: 2148
January 23, 2019, 09:49:06 AM
#24
The only way Bitcoin goes under $100 is if it dies. There's simply no mechanism that can justify such level in context of traditional market cycle. Historically, the difference between ATH and bottom was around 85%, and this is very close to what we see now. So, even if the price will decline further, it will be only to low $3,000. Worst case $2,900.
You don't bother to explain why you think the price will go to $100, instead you are arguing that it's good, like if it's an already established fact. $100 sounds like a really arbitrary point in your post, you could have as well said "$10" or "$1".
full member
Activity: 770
Merit: 126
January 23, 2019, 09:43:28 AM
#23
I don't think there any need for such a thing to happen to bitcoin even in the next decade to come. I see no different from you and any other person who said that bitcoin will reach 100,000 Dollars in the coming years. Am of the opinion that bitcoin market value may not such level as you and some other person speculate.
copper member
Activity: 275
Merit: 1
January 23, 2019, 09:32:39 AM
#22
Predicting the price of bitcoin will be $ 100, I think you are joking in making predictions, and that will never happen to bitcoin.
legendary
Activity: 3304
Merit: 1617
#1 VIP Crypto Casino
January 23, 2019, 07:38:40 AM
#21
Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
January 23, 2019, 07:37:05 AM
#20
BTC to $100 simply isn't possible at this point in time considering how the market is still active despite the low volumes on some exchanges and overall weak price action these past few weeks. A trip to 3-digit prices seem to be an improbability as of now, and price stagnation is what I see that will be looming over the next few months, if not a decline or an increase. Sideways market for the whole of 2019 is much more plausible than reaching capitulation, IMO.
Its really hard to believe that we would come back into those levels.We are really on price stagnation but going to those levels wont really be that easy.We have seen bearish market on 2018 and you are right we might see it again possibly this year.We might go down but sub 3k price would be a reasonable price point.
member
Activity: 980
Merit: 62
January 23, 2019, 07:32:00 AM
#19
BTC To Under 100$ 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.

The years that Bitcoin was going to drop at $100 have passed. And also I don't agree that such a dropped price is good for the market because more people will start buying due to the low price. I believe that the exact opposite is going to happen. People will lose totally their faith to cryptocurrencies and even those who hodl now they will probably sell.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
January 23, 2019, 07:21:54 AM
#18
BTC to $100 simply isn't possible at this point in time considering how the market is still active despite the low volumes on some exchanges and overall weak price action these past few weeks. A trip to 3-digit prices seem to be an improbability as of now, and price stagnation is what I see that will be looming over the next few months, if not a decline or an increase. Sideways market for the whole of 2019 is much more plausible than reaching capitulation, IMO.
legendary
Activity: 1526
Merit: 1001
January 23, 2019, 07:12:08 AM
#17
I am sure that the economic growth of cryptocurrencies will increase. Especially that Bitcoin is now increasingly in demand, when there are predictions stating that the price of Bitcoin will decline to 100USD then I'm not sure, Bitcoin is still needed and now the price of Bitcoin will continue to increase. All of us and the community will determine the future of Bitcoin. When we continue to use Bitcoin, the Bitcoin will continue to exist and have an attractive value.
legendary
Activity: 3234
Merit: 5637
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January 23, 2019, 06:55:52 AM
#16
Classic thinking of people who who missed the opportunity to buy few years ago, and now they wait some miracle which will crush price to 100$ so they all can buy 1 BTC and become rich in time BTC hit 200k $. I think this is just a fairy tale, there is no way for such low price never - this would caused the opposite effect of what OP expected. People invest more in times when price is going up, and not in time like this.

Another misconception is that you need to buy 1 whole BTC, no need for that if you are smart and buy each month a small part. Instead to wait some unrealistic things, people should invest now if they believe in the future of BTC.

copper member
Activity: 228
Merit: 23
January 23, 2019, 05:46:20 AM
#15
if the price ever goes under $100 it is on its way to zero.
jr. member
Activity: 242
Merit: 1
🚀🚀 ATHERO.IO 🚀🚀
January 23, 2019, 05:26:15 AM
#14
$ 3k is the basis for bitcoin prices, the price of bitcoin will not be able to fall below $ 3k. but anything can happen and I don't expect that to happen, because if that happens bitcoin is close to death.
legendary
Activity: 2702
Merit: 4002
January 23, 2019, 03:48:15 AM
#13

you have forgotten the vital aspect of ignoring the technical aspects compared to the economic aspect. I agree with you. There is no financial cover that supports Bitcoin, but there are wasted equipment and energy in order to keep the network stable. All these factors besides the technical aspects give the price a barrier above $ 3000.
This price is the normal price but we may see a price collapse especially under factors such as price manipulation or trying to weaken the currency but the price will not continue below those levels for long periods "more than a year."

Short Answer: $ 100 per Bitcoin is a possible price in case of exceptional circumstances only.
sr. member
Activity: 882
Merit: 282
January 23, 2019, 02:43:58 AM
#12
This is one of so many predictions that do come to the cryptocurrencies market time to time.  Bitcoin down to $100 is very possible but I don't think it will happen.  Bitcoin may not even fall to $1000 talk more of $100. The bearish trend is almost over and I think we should talk of more bullish trend more than the bearish trend now.  If there is time to invest it should be now and we can invest and holds for some times before selling as the market is going to appreciate small by time.
legendary
Activity: 3472
Merit: 10611
January 23, 2019, 12:26:30 AM
#11
certain prices are simply impossible to happen because of the huge surge of buys that the lower prices are going to cause. and your logic here for this random price guess doesn't even make any sense mainly because you are missing the fact that if someone is waiting for a lower price to buy in (like $100) then if price reached $100 then he would wait more for lower price such as $50 and if $50 was reached then he would wait for $20 and so on. these type of people do not form the market, they are a minority that is mostly known for their FOMO buys for example those who are waiting for a ridiculously low price will start FOMO buying when price crosses $4k and mess up everything by creating a big surge upwards! they can also be referred to as "whale food".
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