Topic: How we know btc not going to 100$ ?? - page 3. (Read 1079 times)

The percentage to see bitcoin drop to $100 I would say is 0.1% of the total score. So it's safe to say that $100 is going to be very hard to hope for ^{[but it's not impossible].} In fact I can hope for a very low percentage for $10K despite the current bearish market. So if bitcoin has reached $100, then we can ensure that all governments in the world have agreed to prohibit anyone from owning it and trade them. I don't think that will happen, because bitcoin is not something that is detrimental to a country's economy.

If you're here in crypto space for quite some time, you'll know $100 is close go impossible to happen with Bitcoin at this current height where Bitcoin is sitting right now. You are here since 2016, you should probably knew that. When was the last time Bitcoin had that price? Almost a decade, right? That was when people have realized Bitcoin had value and there were not so many people that owns Bitcoin compated today and the price went above a hundred bucks. Just do the math then, it's not that hard really. How do you think or perceive Bitcoin fall at $100?

and that means only one thing , that those people are trying to fool us here by bringing predictions and speculations but the truth is they dont really have deep knowledge about the market.

But what I do believe now are crypto people have learned their lessons and will never be fool by someone like this.

Bitcoin is purely decentralized so that the opportunity to rise or fall is very large, I will not convince anyone that Bitcoin will continue to profit and rise, but as long as we can be patient to wait then we can profit, and of course there is no guarantee that bitcoin will continue to rise, opportunities For drops can happen at any time even drop below $ 100.

Youtubers or even experts cannot predict the future bitcoin price, they are no different than us making uncertain predictions. But you also shouldn't be sure that bitcoin will never drop to $100, even though that may not sound right, but remember, anything can happen. Bitcoin will continue to rise to $100k or $1 million, or it will go back to $100 is something no one can say. That's why we often advise each other not to invest the money we can't lose. But as an investor in bitcoin, we should believe in the future of bitcoin because its future is our future.

Anything is possible with Bitcoin price but not $50, $100 or $1000. If the prediction is $10,000 it seems more realistic but if all this is not actualised before the first half of 2023 then it will never be possible again because the second half down to 2024 will be a preparation for the next halving. Bearish move is possible but as it stands it is dependent on many factors and will only happen if those factors get affected such as economic news and inflation

A great deal of people are mad that they could not buy bitcoin for such a low price and as such they want those days to comeback, however I am sure that even if they could buy bitcoin for that low of a price they will still not do it.

And we have seen this in action many times in the market, who actually bought bitcoin at 15k just a few weeks ago? The whales and other retail investors which are long term holders, no else was interested in buying bitcoin at that price, the rest of the investors or traders were either selling or simply doing nothing despite the massive opportunity they had in front of them.

100k in 3 years? meaning in Halving right? that is what you wanted to say here? but what would be the reason for this to attain? Am not sure but there is no assurance for this mate.

I don't understand , what ?  you can touch bitcoin? and will not drop anymore ? sorry mate but looks like there is no one can understand this?

During a bearish market many bad speculators often give statements about predicting the worst market price, they predict the market price without analysis and maybe they don't understand the support area that can sustain the price, if he predicts for $10k then it can be considered because of the impact of the bear market so there is no price significant recovery as long as the bear market is not over.

There is no guarantee whatsoever with what you say, because the price you mentioned is below the reach of all current Bitcoin users. Everyone is talking about a Bitcoin price as low as $10k, or even as low as an estimated $5k. But you're talking about $100 dollars. So what can make someone give a guarantee at that price. Or you do not understand what you are talking about? Or we misunderstood what you meant?

Why are you asking such a silly question how many millions are you gonna invest to have a fear like that, fortunately, its unlikely for Bitcoin to fall to that level there are so many predictions that it will die or go to zero but after then years Bitcoin prove them wrong, you need to bookmark and read this article to have a strong belief on Bitcoin, many have forgotten or you are not yet aware that Bitcoin already dies 467 times and still counting.

https://99bitcoins.com/bitcoin-obituaries/

Is that actually a deal for $100 or for $100K?
Because what I read in the title of this topic is $ 100, while the discussion has started to widen to $ 100K. It looks a little strange, but I personally also never thought that Bitcoin would return to $100, because that is the past that has existed in Bitcoin which may never be repeated again.

Especially in the past and also for now there are still speculators who make predictions for $ 100K in Bitcoin with a target of four years after last year's ATH. But I also don't fully believe in that because unexpected changes in the market and prices in Bitcoin are still very likely to occur before the predicted time.

those youtubers are mostly trying to fool people here or wanted to earn views and followers while cryptonians now are mature and wont just believe such claim.

 we are mostly to see opposite if we will follow their prediction , so better leave them there or just do your own research .

I've traded BTC at a $100 so I guess I can tell you from that perspective that too much has changed from then until now.   Just look up the dollar value itself, its greatly lost vs the value of anything so to now say its going back is worse then it sounds.   To be at 100 in current 2022 pricing would retrospectively place BTC lower then 2013 prices.    
   I sold at 100 mostly, I might have purchased a little around there and held but mostly I sold because I didnt know better and it was to put the proceeds to other uses, obviously the electric used and so on but mostly it would not make that much sense now to do so as we've moved on and the world is not the same.  Back at 100 you could mine BTC yourself at home and it was relatively quite cheap to acquire and so the price also matched that greater supply; ditto on the demand side of the scale far less people were involved in BTC back then it was unknown to many.  These things altered greatly, so the gap in comparison is far too great to be accurate.   Be bearish and consider 10k, thats reasonable levels of panic type sell pricing to look into and even thats extreme.


The biggest negative speakers on BTC still wouldn't say 100, even for passing interest it'd be likely to hold more value that; if its live it'll be higher as there is utility in its usage by many so you need to offload demand elsewhere before speculating this far but price spikes sure can overwhelm order books but thats not a true accurate price.  People can throw away assets at below a market price, thats normal but its lower volume specific trading not what would reflect a proper main market pricing but I've seen all kinds of weird BTC pricing especially in swaps and illiquid markets so thats the only way I see these weird price objectives.
  My most negative view for normal mainstream pricing, if the world was paying back interest at 20% base rate and lots of failure hard money conditions I guess near low four figures around that but that scenario likely sees failure in some 1st world currency;  highly improbable as central banks will take a far easier route which is inflation not deflation.

I think the biggest thing that will make Bitcoin can last long or not is to be able to reach $ 100K, if the price of Bitcoin is like now and occurs in the long run for example 3 years, it will be difficult to rise, maybe the price range will be as it is today, and if you can touch $ 100 then you can continue to skyrocket and will not drop anymore like what is happening now.

Yeah great minds think alike 

As time goes by, I believe that in the future more people will become bitcoin holders. Don't talk about the future just yet, let's look at today, since the beginning of its existence bitcoin has received more attention from many people and the number of enthusiasts is growing very rapidly. This is one example that we can sample for the future.
$100k is something bitcoin is very likely to achieve in the future. So let's enjoy it until our time to see it comes.

I'm happy not knowing it's not going to $100, with the same uncertainty I don't know it's going to $100,000 or a million.

I'm actually very, very happy with that. I wouldn't be happy if my life savings were all in it, but they're not.


Feel almost proud to see this, and it's the same thing I tell my kid who wants NFTs and dogecoin. I say, go ahead, have something, but Bitcoin too. And he's like but it might go to XXX and I say, it's likelier to go to zero.

Listen mate you need to understand how the market works at first. BTC are limited in supply, so when the demand of the coin increases, in order to fulfil the demand, the price goes up. Similarly when the demand is less, price goes down. Now why BTC can’t fall upto 100$ ? The reason is due to the large marketcap of Bitcoins. Bitcoins are too popular that, when it will touch 15k usd, many big whales and traders will buy as many Bitcoins as they can and this will again increase the demand of the coin, and hence the price will go up again.

If it is possibility in its broadest sense, then there is a chance especially if there would be something or some sort of a news which would cause take away the interest of the investors towards Bitcoin or this industry in general. Such as with what happened recently on FTX; many new investors became afraid of engaging in this industry which pulled down the price of the market in an instant. So if same or worse thing would happen, situation might really collapse. So yes, better be cautious still.
Much better if you would add awareness with the news concerning this industry for an investor to make the right speculation.Indeed no one is certain of what would happen to the market; therefore an investor could only rely on the fate of this industry but atleast if you would be able to somehow speculate you could minimize losses.