Topic: Let's Be Honest. We Are Waiting for $100/BTC to buy - page 112. (Read 199005 times)

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Very good explanation , Bitcoin -maybe- is known and used a few tens(or hundreds) of thousands people now. And what if people who uses bitcoin arises -lets say- 10 million , then what will be the price of it. $ 100 , $ 1000 or even $ 10000.
Its not hard to understand the price will go up enormously , but hope is like something that.

I waiting for $100/BTC or less
But, if that happen, it mean something bad is happened

It's better to buy bitcoin now, since the price recently dropped to $247

$100 is easily achievable. I'm not sure how I'd feel about it. The $32 - $2 bubble ultimately didn't count for much because the space was so tiny. Now there are industrial mining operations, a lot of people are employed and companies have invested. It couldn't live on at that price for long.

The more I learn about this, the more I realise how much of a prisoner we are to our little monkey brains. People just cannot seem to wrap their heads around a few straightforward statistics.

'I'm not paying more than $100 for a whole one' -  The motherfucker is divisible and pretty soon you'll have $100 worth of nothing if it doesn't grow until a whole one is beyond the means of most.

'$1200 is parity with gold. That's too much' - No it isn't. Crazy as it may seem, there's more gold in the world. A shit ton more. 50 million ounces of gold are unearthed every single year. Over half a million dollars a piece or so is true parity with gold.

'I'll go all in when it goes sub $100' - No you won't. You'll be running around the house screaming. Only hardened pros, icemen and psychos will pile in. That's why you're following where they decide the market should go.

There really should be a glowing banner at the top of this forum that flashes - ONLY 21 MILLION. NEVER, EVER ANY MORE.

It won't be technical limitations or failures that finish Bitcoin, it'll be the pisspoor perception and judgment of the people involved with it.

I have been waiting for it to fall to 100$ since a long time now. I don't hold a large amount so don't really care. But thats the right price for people to actually start using bitcoins.

If that occurs and allows, then you are not the only people who will buy bitcoin at that price $100.

But it would be very difficult, now bitcoin survive on $ 200 more, and I think the price will remain at this level, although down, it will not touch the price of $ 100

I like

this is exactly the reason why the price isn't rising, many think it's still too high to buy

those are the same people that will buy when they see the price skyrocket

Exactly my thoughts. I always want to buy more coins, but it is hard to decide how low we can go and what would be the best time to buy.

I bought some at $250, then the price went up to $290; and now we're again at $245.
Sitting here and just looking at the graph, probably I'll hit the buy button at $200 and will still buy more if it gets lower.

Everybody says they'll invest when it dips, but it's hard to hit that buy button when the price has been going nowhere but down for days/weeks.  I'd probably snatch one or two up, but not put a large amount in. 

Sounds like you have no clue what that meant investing with my heart/? lolol! No that is investing with my brain if we take a dive to 100 it will not last that is why i would invest more. Yeh bad idea isn’t  it billybob the same as having an idea that the possibilities of going to 0 are tiny compared to 100k   It is called risk ladys and gentleman don't judge because someone might or might not be willing to take it that makes you look kind of (Feel this space) Some of the greatest investors ever have gone all in with x1000's more than they could afford some have worked some have not, who is anyone to judge them?

Its a very tiny probability to get a BTC 100 dollar.

Current electricity cost per BTC is about 150 USD with an optimistic estimation. If BTC price goes to $ 100 , then most of the coin farms will have to close their farms which causes to decrease BTC price more and more.
Even this low probability comes true, then everything related to Bitcoin are going to collapse.
But I really dont believe that market makers dont let to happen  happen.

can you explain why $100 is still too much according to you?
i get the impression that you are just waiting to get on board for a very low price. eventhough it seems not realistic.

Actually in my case 100$ is still too much per coin as investment. Basically I know that I missed this train and looking for another one.
And, although people tell that there's only one coin, I have hopes that some of the altcoins will rise.

People who would like to invest more than they can afford should consider time needed for some reasonable price, and ask themselves a question "How long can I live on debt waiting for profit?"

Yeah, bad idea to invest with what you can not afford to lose even if it may seem like a super mega obvious guaranteed chance to make measly gains. The possibilities of BTC going to 0 are tiny compared to it going to 100K dollars, but its still a possibility.

Sounds like you're investing with your heart and not your brain. Never a good thing. Not even "just this one time".

Not me. I've been buying monthly since we went below 300 USD, using a % of my monthly salary that I would usually waste on unnecessary shit.

Ya a lot of people say this but then change their mind thinking it will fall further.  Like when it crashed to 160 I waited till it climbed back to 220 before I bought more.

i am still waiting to buy some btc also... buy i saw btc was ~200% recently so i will buy it when it is 200$ again and then maybe invest some of them..

You will change your mind if it really hit $100. Are you going to wait for $50 when it hit 100?