Let's Be Honest. We Are Waiting for $100/BTC to buy - page 6.

Nasdam

newbie

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Quote from: target on March 23, 2017, 08:17:59 AM

They have already tried splitting the blockchain at yet the price still isn't dropping down to a $100. Its almost impossible really to plunge the price down, it has to be a very creative and believable fud to make it a hundred.
A possible fud that can drag its price to $100 is to show Satoshi moving thousands of his coins from the very old wallet since genesis and cash it out. This incident may really make the price drop like its hot down even less than $10. ITs not going to help the entire crypto though because it will also drag along the prices of all coins.

When the split actually happens, the short chain bitcoin will die if there are no big whales to support it.

target

legendary

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They have already tried splitting the blockchain at yet the price still isn't dropping down to a $100. Its almost impossible really to plunge the price down, it has to be a very creative and believable fud to make it a hundred.
A possible fud that can drag its price to $100 is to show Satoshi moving thousands of his coins from the very old wallet since genesis and cash it out. This incident may really make the price drop like its hot down even less than $10. ITs not going to help the entire crypto though because it will also drag along the prices of all coins.

mkmdoc

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Quote from: StefanReed on March 22, 2017, 03:09:23 PM

Bitcoin is constantly showing its instability. I would not be surprised if it drops to $ 100 and below. Speculation with bitcoin it can be. Nobody knows how the price of bitcoin will behave. It all depends on demand.

Already bitcoin have proven its strong stability in the crypto world, yes bitcoin mainly depends on supply and demand. There are many people from the different parts world are keep buying the bitcoin in the market because they understand the potential of bitcoin and technology. But it is no way possible to below 100/btc.

Xester

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Quote from: gabmen on March 23, 2017, 02:40:53 AM

Quote from: StefanReed on March 22, 2017, 03:09:23 PM

Bitcoin is constantly showing its instability. I would not be surprised if it drops to $ 100 and below. Speculation with bitcoin it can be. Nobody knows how the price of bitcoin will behave. It all depends on demand.

Well by demand, i don't think it would go that low though. I think it most, it can go down to like 600 or 500 but not below 100 that's already way too low and i think it would be hard for btc to recover if it goes below that.

If bitcoin will go down to 100$ it is bad news since when the time comes that bitcoin will go down that low it will continue to fall down until it reach 1 dollar each. But that is very impossible to be coming true since the loyalty and trust of people are very strong. The recent decrease in bitcoins value was easily recovered due to people buying bitcoins since many people are waiting for the dump so they can purchase more bitcoins.

Idrisu

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I don't think that is impossible! I am not praying for bitcoin to fell as low as $100 because the oversold level will be high to the extent that many traders will drop it. I am anticipating that the price will fell a little before buying but not kill bitcoin itself. I am also hopeful that bitcoin will get to $2000 after the current set back about BTU.

poplolnman

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Quote from: lordquanta on March 21, 2017, 01:56:08 AM

There is very very low chance of bitcoin going below 700$ or 800$ forget about 100$ mark. The moment 800$ mark is touched in downward movement people will start buying more n more. Causing upward movement. There is new generation of users, buyers in market. The bitcoin market is more versatile now.

yeah just happened to one of my colleague , he looking for the bitcoin price dropped down to $250 at least since last year as he suffering quite huge lost back in mid 2015 . but hey instead the bitcoin price dropped it's keep growing until right now and he has a plan when the bitcoin price reach $1,500 he would go allin ! so yeah better to keep buying now while it cheaps rather than waiting for something that unlikely happened for now.

lordquanta

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Quote from: StefanReed on March 22, 2017, 03:09:23 PM

Bitcoin is constantly showing its instability. I would not be surprised if it drops to $ 100 and below. Speculation with bitcoin it can be. Nobody knows how the price of bitcoin will behave. It all depends on demand.

stability was never a strong point of bitcoin but the volatility. price drop to $100 is bit far fetched. Again what would happen after hard fork if it ever happens is unknown.

gabmen

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Quote from: StefanReed on March 22, 2017, 03:09:23 PM

Bitcoin is constantly showing its instability. I would not be surprised if it drops to $ 100 and below. Speculation with bitcoin it can be. Nobody knows how the price of bitcoin will behave. It all depends on demand.

Well by demand, i don't think it would go that low though. I think it most, it can go down to like 600 or 500 but not below 100 that's already way too low and i think it would be hard for btc to recover if it goes below that.

StefanReed

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Bitcoin is constantly showing its instability. I would not be surprised if it drops to $ 100 and below. Speculation with bitcoin it can be. Nobody knows how the price of bitcoin will behave. It all depends on demand.

STT

legendary

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If you want the advice of the worlds greatest ever market speculator. A man who went from living on the streets to billionaire in a few years, then you buy High and buy Higher not low (buy with the rise) and you know when market mood is waning and when to stop. That is the best most profitable time to buy, with confidence and strength of a general market move.

The false economy of waiting for the cheapest price is that it may never come. And you buy at the time of greatest uncertainity when the market at least thinks a bust is on the cards for that investment instrument. The hard part of buying into a rise is knowing a strong rise from a bubble that will pop so quick it drops when you sleep.
The name of the man I refer to lived during the roaring 20's when stocks were still quite new and he went broke in the bust of the 30's (several times bust and rich again) however he was the greatest of any trader at that time and started from zero with leveraged bets in bucket shops, his name is Jesse Lauriston Livermore

batang_bitcoin

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Quote from: DimidoffVany on March 21, 2017, 07:12:28 AM

Quote from: batang_bitcoin on March 21, 2017, 02:07:10 AM

Quote from: UCHCHILD on March 21, 2017, 01:44:05 AM

Honestly I am not waiting to a big crash down of btc.
I am waiting to reach its high peak of value and I think that is most of people waiting too.

Me too I don't wait for the big crash of bitcoin because instead of waiting for the price to fall. I'm more hoping for the bitcoin's price to keep on pumping higher because I'm looking for bitcoin for higher price and for a longer time. Because I'm a long time holder and looking into the price of bitcoin fly to the moon.

I am a realist and I understand perfectly well that there will not be such a price. Bitcoin has long since crossed this price. Now for him the rate is 10 times more than 100 dollars.
I hope for a price increase

Yes, that's a guaranteed thing now that the price isn't going to comeback anymore. As the price keeps growing, there are scenario's or issues that make the price of bitcoin fall again but it isn't going to fall up to $100, that is very low. And it's not fair with the total amount invested or it's market cap unless big investors will pull out their BTC's.

DimidoffVany

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Quote from: batang_bitcoin on March 21, 2017, 02:07:10 AM

Quote from: UCHCHILD on March 21, 2017, 01:44:05 AM

Honestly I am not waiting to a big crash down of btc.
I am waiting to reach its high peak of value and I think that is most of people waiting too.

Me too I don't wait for the big crash of bitcoin because instead of waiting for the price to fall. I'm more hoping for the bitcoin's price to keep on pumping higher because I'm looking for bitcoin for higher price and for a longer time. Because I'm a long time holder and looking into the price of bitcoin fly to the moon.

I am a realist and I understand perfectly well that there will not be such a price. Bitcoin has long since crossed this price. Now for him the rate is 10 times more than 100 dollars.
I hope for a price increase

batang_bitcoin

hero member

Activity: 3080

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Quote from: UCHCHILD on March 21, 2017, 01:44:05 AM

Honestly I am not waiting to a big crash down of btc.
I am waiting to reach its high peak of value and I think that is most of people waiting too.

Me too I don't wait for the big crash of bitcoin because instead of waiting for the price to fall. I'm more hoping for the bitcoin's price to keep on pumping higher because I'm looking for bitcoin for higher price and for a longer time. Because I'm a long time holder and looking into the price of bitcoin fly to the moon.

Qunenin

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Quote from: thunderbitz2717 on March 21, 2017, 01:31:08 AM

Quote from: anshar on March 24, 2015, 08:17:57 PM

If Bitcoin hit $100, I'd sell this account and quit Bitcoin completely. Mainly because I bought in at $600 like an idiot and I'd be an hero.

Well, that's hurt if that happen in your part. You'll get lose 500$, but anyway the value of bitcoin now was almost 1050$ which means you already got profit on it, but still you must hold it and wait for the right time to sell your holdings.

Yes, it hurts dude. You lost your money if that happens. And I guess you only the one who wait to have $100 per btc because most of us are waiting to go up higher and higher not lower just to buy some btc.

lordquanta

sr. member

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There is very very low chance of bitcoin going below 700$ or 800$ forget about 100$ mark. The moment 800$ mark is touched in downward movement people will start buying more n more. Causing upward movement. There is new generation of users, buyers in market. The bitcoin market is more versatile now.

UCHCHILD

sr. member

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Honestly I am not waiting to a big crash down of btc.
I am waiting to reach its high peak of value and I think that is most of people waiting too.

thunderbitz2717

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Quote from: anshar on March 24, 2015, 08:17:57 PM

If Bitcoin hit $100, I'd sell this account and quit Bitcoin completely. Mainly because I bought in at $600 like an idiot and I'd be an hero.

Well, that's hurt if that happen in your part. You'll get lose 500$, but anyway the value of bitcoin now was almost 1050$ which means you already got profit on it, but still you must hold it and wait for the right time to sell your holdings.

Hatuferu

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Quote from: STT on March 20, 2017, 08:59:02 AM

Quote

If there is a hard fork, the BCC could be zero, and the BCU could be much higher. It depends on the final hashing power.

Quote

It depends on the the block vote. But i think with this current condition and looks like we will see the bitcoin unlimited in the future. BU will become a destiny for the bitcoin.

If bitcoin takes a different path this zero price condition wont happen immediately. They also will not wipe out the value of current holders, you will just be given the option to take that different fork. Saying stuff like that could really scare some.

If theres two forks, you get coins in each one. Likely the price halves for a while till its decided which fork is strongest. If Im not correct on this, please feel free to correct me. BTC will not become worthless though

I'll stay with your your speculation as well, I do not ever think that bitcoin will become worthless and even fall to the price again. I think the people who are supporting bitcoin is coming from a huge capitalist, they believe that bitcoin will be a success and it's potential will attract people to invest.
Trust is very important as we have seen many times bitcoin survives the crisis.

STT

legendary

Activity: 4102

Merit: 1454

Quote

If there is a hard fork, the BCC could be zero, and the BCU could be much higher. It depends on the final hashing power.

Quote

It depends on the the block vote. But i think with this current condition and looks like we will see the bitcoin unlimited in the future. BU will become a destiny for the bitcoin.

If bitcoin takes a different path this zero price condition wont happen immediately. They also will not wipe out the value of current holders, you will just be given the option to take that different fork. Saying stuff like that could really scare some.

If theres two forks, you get coins in each one. Likely the price halves for a while till its decided which fork is strongest. If Im not correct on this, please feel free to correct me. BTC will not become worthless though

rainingbitcoins

sr. member

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Quote from: ?? on ??

You have the right to dream.Dream whatever you wish.But it should be a little bit realistic.Bitcoin may not even fall below $900 and that too only for a small moment.Its price would soon reach $1300.

Yeah and that price is history now and we will never see bitcoins getting that cheaper ever in future and if you can afford to wait then you can wait but it will surely waste your time as now time has come when we will the price of bitcoin going only higher and there will be certain price dip during the journey but that wouldn't be permanent and in long run the price of bitcoin will definitely go higher.

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