Topic: Let's Be Honest. We Are Waiting for $100/BTC to buy - page 71. (Read 199005 times)

1 month ago a lot of people who predict bitcoin prices will fall to $ 300. due to the current trend of decline. but I believe it will not happen. and I keep hold, glad I could sell it at $ 400

A good thing to keep it in mind, indeed, but after the panic-selling instigated by Mike Hearn and the recovery that we're seeing now I truly think that the $400 are rock solid.

A pessimistic investor (that's the cautious one) can see the strength of a stock/currency by looking at its lows, and definitely the price is strong now: after the first pump 4 months ago the price stabilized at $330 before rising again. Then after the Mike Hearn case it never went much lower than $360. Which is higher than the first fall. $330-$360 are the most pessimistic lows that could happen at the moment. Well that's provided that the sky doesn't properly fall down on us but it seems unlikely with all the good news that are still befalling us now.

The possibility for this to happen is still on the doorstep since the current price is not stable yet and some people indicate that this could be just a bubble because of all recent hype of bitcoin positive news. The problem with all bubble is that once it burst, the price could be dropping as fast as it goes up so it is possible

I think everyone on this forum are waiting for $100/Bitcoin to buy. But the problem is when the price of bitcoin reach $100/btc, because i think it's impossible to reach that.

Yeah, you're gonna have to wait for a long time until that will happen.

I think it will not happen. grave dream to see bitcoin worth $ 100. as prices continue to rise to $ 450

Yeah but its difficult to believe that it can go down to that level in future, as adoption is getting higher and higher day by day so its really difficult to predict that it can go that low.

Never say never when it comes to Bitcoin. We have seen a lot weird stuff happen with the price. And beside that, sub $300 is not that unrealistic to happen. Panic dumps can cause a lot damage.

Yeah, and $100 I don't think so that is possible in near future, as it is predicted that price would be climbing up in next couple of months, so I don't see bitcoin falling back to $100.

Maybe you mean $100,000 .. still a possible value if btc would go global.. as I said before it will never get under $300 again

Exactly, that day would never come in future and if it comes that would be the end of bitcoins as people would surely stop believing in bitcoins if it goes that low, but  that's simply impossible.

Well now that consensus is reached you can only dream of the 100$ xD

Well you can wait, but it's not going to happen. The price is very solid above 200 since a few years.
I don't see it happen that the price will ever this kind of low.

now it seems that we will have to wait for a long time for such a huge price because price is growing because of the consensus in block size debate

i think so but i hope that would not be happen again and if it does happen i guess many people will be disappointed with bitcoin because too much loss and would never use it again

the fact that the price of bitcoin is currently rising, and probably will not go down with such drastic fall in the price of $ 100, if the price drops, may be back in the price of $ 400

Probably you are the kind of person that only earns bitcoins then selling or spending it afterwards But for some speculators and traders, that would be great as they have the chance to buy 'cheap' coins But do not worry, $100 seems impossible , with the bitcoin hype, its price will keep rising until it reach the moon

i will be more than happy to see the price this low, i dont think so you can see this price of 100$,if that is the case you wont see anymore growth for sure. so eat what you can chew

decline in prices reached $ 100 may be difficult to happen, because I think, if the price drops below $ 300, the people and the users of bitcoin will race to buy bitcoin as much, because they know it will rise again, and make the price of bitcoin be higher

Man I don't even know if I would dump or buy if the price falls back to $100. I all depends on the situation, I guess.
I don't think it can happen, anyway. If a huge holder ($100.000 and above) drops everything at the same time the price will drop, of course, but everyone with orders already planned on the exchanges will buy without even having time to notice that the price was dropping, thus preventing the price from going too low and we'd be back at normal levels in no time. That would be a great occasion to get in as quickly as possible to get a share.

What would be much scarier is a slow decrease in price because of the world's economic situation. That could be extremely painful because there could even be no telling if the situation could get better in the future or if it was just bound to worsen with every passing day. In that case I guess it will all depend on my understanding of the world's economy at that moment...

One thing is certain, though: $100 is no longer a natural price for bitcoin. If we get back to such a price it will either be very bad news or very good news... but unexpected news as far as we know now, that's for sure.
In March 2015 (the time of OP) the situation was rather different, though: bitcoin's price was around $200 and $100 was thus not so far. I guess I would have bought more easily if the situation would have happened. Or maybe not. But yeah anyway, I wasn't there, back then.