Let's Be Honest. We Are Waiting for $100/BTC to buy - page 20.

Zisove28

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Quote from: Rinder on November 29, 2016, 03:22:00 PM

Since im part of bitcoin world i never saw a 100 dollars for bitcoin, when i joined it were traded ad 200-300 dollars, this is values that bitcoin wont never reach, if it happens just a big problem has been found. The gold moments to buy bitcoin has gone, atleast to invest some and earn millions. Now there are some altcoins with potencial to grow, and we do hope that some of them can make a jump over the next years, following bitcoin.

I do not believe in altcoints. Maybe I underestimate them. But for me, the only one that can be trusted cryptocurrency - is Bitcoin. And wait for the price of $ 100 is pointless - this is no longer any time without ever

deisik

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Quote from: Rinder on November 29, 2016, 03:22:00 PM

Since im part of bitcoin world i never saw a 100 dollars for bitcoin, when i joined it were traded ad 200-300 dollars, this is values that bitcoin wont never reach, if it happens just a big problem has been found. The gold moments to buy bitcoin has gone, atleast to invest some and earn millions. Now there are some altcoins with potencial to grow, and we do hope that some of them can make a jump over the next years, following bitcoin.

In fact, that can't be claimed with certainty

We think of $100 per Bitcoin days as "golden times", but we can think of these times in this way only in retrospect, now when the price is above $700. Back in those days people would certainly not call those prices as cheap, let alone calling those days as golden, if only for selling coins (which was a wrong decision nevertheless). In the same manner, we may call today's prices as very good in a few years time when Bitcoin might be worth a few thousand dollars itself

Rinder

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Since im part of bitcoin world i never saw a 100 dollars for bitcoin, when i joined it were traded ad 200-300 dollars, this is values that bitcoin wont never reach, if it happens just a big problem has been found. The gold moments to buy bitcoin has gone, atleast to invest some and earn millions. Now there are some altcoins with potencial to grow, and we do hope that some of them can make a jump over the next years, following bitcoin.

Mastsetad

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Quote from: mirakal on November 26, 2016, 02:43:01 AM

Well, that might be true but it primarily depend on how the people would look at the current price, some may see it too expensive and they are waiting for the price to fall back a bit. Maybe it's good to think of the other ways, this time it's good to buy altcoins.

That's right, everyone has different perspectives and everything thinks in a different way, someone might think that the price will go lower and then they will buy and some people might think that the price is going to grow up so they just buy now by thinking this is the best time for that.

Wandering Soul~

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Wolf

Quote from: mirakal on November 26, 2016, 02:43:01 AM

Quote from: freedomgo on November 26, 2016, 01:02:34 AM

Quote from: rizkyhiw on November 24, 2016, 12:42:54 PM

Quote from: sportis on November 24, 2016, 05:51:03 AM

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

Yeah that's true , the ages of super low price has been ended
Today is the time to keep growing and keep rising , the trends has said it all
Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price
People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature .

If you will not buy with the current price, you will miss the opportunity and die waiting for the lower price.

Well, that might be true but it primarily depend on how the people would look at the current price, some may see it too expensive and they are waiting for the price to fall back a bit. Maybe it's good to think of the other ways, this time it's good to buy altcoins.

The only ones who do that are mostly newbies. I also think that the age of super low price had already ended . Waiting for the price to get lower even $600 before buying it is like letting an opportunity pass right in front of you . If you have the money then buy as soon as possible .

Buying altcoins is also great in this age but it is riskier than bitcoin . I only invest to altcoins that has a great improvements like XMR or ETH

Nasdam

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Quote from: mirakal on November 26, 2016, 02:43:01 AM

Quote from: freedomgo on November 26, 2016, 01:02:34 AM

Quote from: rizkyhiw on November 24, 2016, 12:42:54 PM

Quote from: sportis on November 24, 2016, 05:51:03 AM

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

Yeah that's true , the ages of super low price has been ended
Today is the time to keep growing and keep rising , the trends has said it all
Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price
People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature .

If you will not buy with the current price, you will miss the opportunity and die waiting for the lower price.

Well, that might be true but it primarily depend on how the people would look at the current price, some may see it too expensive and they are waiting for the price to fall back a bit. Maybe it's good to think of the other ways, this time it's good to buy altcoins.

The price could be seen as expensive now. But it is better to buy the bitcoin now as the price will rise in the future.

mirakal

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Quote from: freedomgo on November 26, 2016, 01:02:34 AM

Quote from: rizkyhiw on November 24, 2016, 12:42:54 PM

Quote from: sportis on November 24, 2016, 05:51:03 AM

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

Yeah that's true , the ages of super low price has been ended
Today is the time to keep growing and keep rising , the trends has said it all
Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price
People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature .

If you will not buy with the current price, you will miss the opportunity and die waiting for the lower price.

Well, that might be true but it primarily depend on how the people would look at the current price, some may see it too expensive and they are waiting for the price to fall back a bit. Maybe it's good to think of the other ways, this time it's good to buy altcoins.

freedomgo

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Quote from: rizkyhiw on November 24, 2016, 12:42:54 PM

Quote from: sportis on November 24, 2016, 05:51:03 AM

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

Yeah that's true , the ages of super low price has been ended
Today is the time to keep growing and keep rising , the trends has said it all
Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price
People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature .

If you will not buy with the current price, you will miss the opportunity and die waiting for the lower price.

rizkyhiw

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Quote from: sportis on November 24, 2016, 05:51:03 AM

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

Yeah that's true , the ages of super low price has been ended
Today is the time to keep growing and keep rising , the trends has said it all
Instead to wait the price go down dumped so hard to buy it later i prefer to see the highest price
People will leaving when the price down even for 50% or more and back to buy again when up , it's human nature .

Aamir1

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Quote from: delliaerd on November 22, 2016, 10:26:14 PM

Quote from: Aamir1 on November 22, 2016, 01:32:48 PM

Quote from: betohell on November 22, 2016, 06:47:54 AM

I think it's not that easy bitcoin prices go up every month, you know that bitcoin prices fluctuate every month so the price can not continue to go up, which is probably the pump prices and then down again, it is a definite cycle

The fun in bitcoin is that it's price is unpredictable. We cannot know if what will be the price after one hour, one week, one month or one hour. That is the reason why it gives us pleasure when we see the price growing because though we expect it to grow but we know that it can drop too.

Although bitcoin price is move so wild, but bitcoin is designed to be deflation by minning system and another thing that ralated with. I think although there is gonna be fluctuation in bitcoin price, the price will keep going up. Bitcoin can divided in 8 decimal so bitcoin still can be used even if bitcoin get in deflation everytime. So I really sure that bitcoin price will not drop until $100. Thats my opinion.

Obviously, it really does not look possible for the price of bitcoin to go back to that $100 again because we are seeing a growth in price from quite a long time and we all feel that it wont drop back to there again.

deisik

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Quote from: 1Referee on November 23, 2016, 07:04:29 AM

Quote from: deisik on November 23, 2016, 06:01:31 AM

Quote from: Denker on November 23, 2016, 05:49:08 AM

Quote from: vantyzz on November 23, 2016, 04:24:42 AM

I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

Last year the price dropped below $170!!Sure this is not even close to $100 but still very cheap compared to now.And over several months the people had the chance to buy around the 200s!!

It didn't drop that low in that year. It went below $200 down to $198, but that didn't last for long. I was trading at Bitfinex right then and saw that movement with my own eyes. I even bought a little at the bottom. In fact, I myself had been expecting Bitcoin to fall much lower than that (down to 170-150, maybe) after the price was going to crash below the 200 dollar mark, and I was thinking about buying a lot more there...

But it just didn't happen

Actually, look at the charts of several exchanges dating back to early January 2015.

https://bitcoinwisdom.com/markets/bitstamp/btcusd

January 12, 2015;

Bitstamp ~ $165
BTC-E ~ $165
Bitfinex ~ $170

I don't know about other exchanges (that is, Bitstamp and BTC-E), but the data which they got from Bitfinex seems to be fake (or they doctored it themselves). I had a lot of orders placed below $200 down to $150, and only a few of them got filled eventually (the lowest price being at $198, as I have already said). I don't know where bitcoinwisdom.com takes their quotes and whether the Bitfinex data is actually from that exchange, but I don't think that the prices are authentic. Since I was trading there myself at that time (using a trading bot, by the way)

EDIT: the trades and orders I mentioned above refer to August, 2015, with the lowest trade at $198.77 on August, 25th, local time (I just checked my trade history at Bitfinex)

sportis

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Veni, Vidi, Vici

The train of cheap bitcoins has gone long time ago. We know that a major disadvantage is high volatility but we must be realistic. This moment is becoming widely accepted by the commercial world of several strong in the economy nations. The biggest advantage IMO that can not be denied by any skeptic friend of fiat money is the bitcoin is not an inflationary one, that is nobody can mine more than 21 million.

GregH37

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Quote from: 20kevin20 on November 22, 2016, 01:40:34 PM

Quote from: freedomgo on November 21, 2016, 04:25:13 AM

Quote from: Xester on November 21, 2016, 02:15:00 AM

Quote from: buwaytress on November 20, 2016, 02:40:18 AM

For the price to drop that much it would take unlikely acenarioa to happen in the short term. The only reason it would plummet like that would be loss of confidence by holders or massive regulatory restrictions.

So let's face it, if btc drops to $100 any time soon, you'd be thinking thrice about buying up.

1000 dollars price of bitcoins was possible but it will takes more years to happen, i have faith that bitcoins will go higher than the predict price but for now, i will just think for the possible things happens. Digital Currency price was not stable, so we should also consider that the price of bitcoins will also fluctuate. Lets look on the reality. Bitcoins price goes up and down, so we better think of practicality. i will buy now before its too late.

It's possible because we have already achieve that price..

If the 2013 scenario will be repeated, it won't take years but months until we'll achieve the $1k price again. It took one year from 2012 to 2013 for the price to go up from $11 to $1000, and now it's not only older and the aftermath of the halving had already been seen by us but now Bitcoin is way more popular too. The aftermath should be seen in a few months.

I think this time nothing of such thing is going to happen, I think it has become almost impossible that the price of bitcoin will down to such a low price, I think you are just wasting your time. And nothing less, you should not wait for 100 and try to buy at the current price otherwise after some days you will even not able to buy bitcoin in the currency days.

Seast

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Quote from: 1Referee on November 23, 2016, 07:04:29 AM

Quote from: deisik on November 23, 2016, 06:01:31 AM

Quote from: Denker on November 23, 2016, 05:49:08 AM

Quote from: vantyzz on November 23, 2016, 04:24:42 AM

I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

Last year the price dropped below $170!!Sure this is not even close to $100 but still very cheap compared to now.And over several months the people had the chance to buy around the 200s!!

It didn't drop that low in that year. It went below $200 down to $198, but that didn't last for long. I was trading at Bitfinex right then and saw that movement with my own eyes. I even bought a little at the bottom. In fact, I myself had been expecting Bitcoin to fall much lower than that (down to 170-150, maybe) after the price was going to crash below the 200 dollar mark, and I was thinking about buying a lot more there...

But it just didn't happen

Actually, look at the charts of several exchanges dating back to early January 2015.

https://bitcoinwisdom.com/markets/bitstamp/btcusd

January 12, 2015;

Bitstamp ~ $165
BTC-E ~ $165
Bitfinex ~ $170

Sure, these were just very short lasting crashes, but if placed buy orders wisely, traders could have taken the best possible advantage out of the panic back then. I personally just managed to grab myself some coins between $190-$200 as it was on the way up again.

For a bitcoin investor, you do not have to be a trader as well. You can just buy and hold and earn money.

1Referee

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Quote from: deisik on November 23, 2016, 06:01:31 AM

Quote from: Denker on November 23, 2016, 05:49:08 AM

Quote from: vantyzz on November 23, 2016, 04:24:42 AM

I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

Last year the price dropped below $170!!Sure this is not even close to $100 but still very cheap compared to now.And over several months the people had the chance to buy around the 200s!!

It didn't drop that low in that year. It went below $200 down to $198, but that didn't last for long. I was trading at Bitfinex right then and saw that movement with my own eyes. I even bought a little at the bottom. In fact, I myself had been expecting Bitcoin to fall much lower than that (down to 170-150, maybe) after the price was going to crash below the 200 dollar mark, and I was thinking about buying a lot more there...

But it just didn't happen

Actually, look at the charts of several exchanges dating back to early January 2015.

https://bitcoinwisdom.com/markets/bitstamp/btcusd

January 12, 2015;

Bitstamp ~ $165
BTC-E ~ $165
Bitfinex ~ $170

Sure, these were just very short lasting crashes, but if placed buy orders wisely, traders could have taken the best possible advantage out of the panic back then. I personally just managed to grab myself some coins between $190-$200 as it was on the way up again.

jondeen707

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Quote from: CoinCidental on November 20, 2016, 02:49:15 AM

Quote from: blackmagician on November 20, 2016, 02:33:21 AM

Who doesnt want to buy btc at the price of 100$ ? Its already a big big profit when it goes up even at only 200$. But it will need a massive drop on the price of.bitcoin ,before we encounter that 100$ price again.

It will hit $1000 before $100
People who are waiting for $100 bitcoins will have a very long wait lol
I personally don't think we will buy btc under $600 ever again

The price could easily go the moon without warning from any number of external factors

Unlike last year, the $100 scenario does not look realistic at all as the market is very optimistic, but I would not rule that out completely just like with any other investment assets.

deisik

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Quote from: Denker on November 23, 2016, 05:49:08 AM

Quote from: vantyzz on November 23, 2016, 04:24:42 AM

I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

Last year the price dropped below $170!!Sure this is not even close to $100 but still very cheap compared to now.And over several months the people had the chance to buy around the 200s!!

It didn't drop that low in that year. It went below $200 down to $198, but that didn't last for long. I was trading at Bitfinex right then and saw that movement with my own eyes. I even bought a little at the bottom. In fact, I myself had been expecting Bitcoin to fall much lower than that (down to 170-150, maybe) after the price was going to crash below the 200 dollar mark, and I was thinking about buying a lot more there...

But it just didn't happen

Denker

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Quote from: vantyzz on November 23, 2016, 04:24:42 AM

I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

Last year the price dropped below $170!!Sure this is not even close to $100 but still very cheap compared to now.And over several months the people had the chance to buy around the 200s!!
And now guess how many have took advantage of that?!Right only a very small minority.
The reason is that when you see a price decreasing over a period of almost 2 years from a top of $1000 many lose trust and faith and doubt if this could flip in the other direction again.
This is a mind game!!
I'm sure if the price would plunge to $100 not many people would have the balls to invest.

vantyzz

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I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price

pooya87

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Quote from: delliaerd on November 22, 2016, 10:26:14 PM

Quote from: Aamir1 on November 22, 2016, 01:32:48 PM

Quote from: betohell on November 22, 2016, 06:47:54 AM

I think it's not that easy bitcoin prices go up every month, you know that bitcoin prices fluctuate every month so the price can not continue to go up, which is probably the pump prices and then down again, it is a definite cycle

The fun in bitcoin is that it's price is unpredictable. We cannot know if what will be the price after one hour, one week, one month or one hour. That is the reason why it gives us pleasure when we see the price growing because though we expect it to grow but we know that it can drop too.

Although bitcoin price is move so wild, but bitcoin is designed to be deflation by minning system and another thing that ralated with. I think although there is gonna be fluctuation in bitcoin price, the price will keep going up. Bitcoin can divided in 8 decimal so bitcoin still can be used even if bitcoin get in deflation everytime. So I really sure that bitcoin price will not drop until $100. Thats my opinion.

i agree with what you say but i don't like your reasoning.
the price will always only change based on supply and demand. and as long as everything is the same with bitcoin and only gets better technologically the demand will increase and we already know how supply works so the result will be a rising price. for a big drop the first criteria that i mentioned must go away.

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