Feel happy because I would be out from the HODL club long ago.
Topic: What will you do if bitcoin price fall down to $100 ? (Read 8484 times)
I'll be waiting for cheaper bitcoins and really low cost per transaction 
How much cheaper? $350 is good enough for me.
I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more
You just got put on my "do not ignore" list
miners are trying to maximize year end revenue right now,
probably a lot of selling, this is why price dropped from 350 to 300.
should spike up in early 2015.
I think the miners are selling only enough to cover their electric costs, but their electric costs are in fiat so as the price declines they need to sell more of their mining revenue which causes the price to decline furtherprobably a lot of selling, this is why price dropped from 350 to 300.
should spike up in early 2015.
legendary
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miners are trying to maximize year end revenue right now,
probably a lot of selling, this is why price dropped from 350 to 300.
should spike up in early 2015.
probably a lot of selling, this is why price dropped from 350 to 300.
should spike up in early 2015.
What would have to happen to dropped price so low 
I think it's impossible .. even $ 200 I think is impossible ..
I think it's impossible .. even $ 200 I think is impossible .. I'll be waiting for cheaper bitcoins and really low cost per transaction
How much cheaper? $350 is good enough for me.
I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more
hi, time to wake up buddy. bitcoin never fall down to $100.
Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015! 
We haven't even come close to the 2014 low yet...
We haven't even come close to the 2014 low yet...
Those are two WILD assumptions there buddy...
Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:
As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.
Coin flip, really.
The rebound from that $275 low was very, very quick.
Not many long term investors had an opportunity to benefit from such prices.
Current glut provides excellent buying opportunities.
Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!
We haven't even come close to the 2014 low yet...
We haven't even come close to the 2014 low yet...
Those are two WILD assumptions there buddy...
Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:
As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.
Coin flip, really.
...
I sold my house when it was @1000 usd, I estimate ROI in 2016.
I sold my house when it was @1000 usd, I estimate ROI in 2016.
How's it going thus far?
JK, I am sure you would be going through hard times now if that were true.
...
I sold my house when it was @1000 usd, I estimate ROI in 2016.
I sold my house when it was @1000 usd, I estimate ROI in 2016.
How's it going thus far?
Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!
We haven't even come close to the 2014 low yet...
We haven't even come close to the 2014 low yet...
Those are two WILD assumptions there buddy...
Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!
We haven't even come close to the 2014 low yet...
We haven't even come close to the 2014 low yet...
I imagine some others have made this point, but it depends on WHY bitcoin has fallen to 100 USD.
If it's because US bans it's citizens from holding bitcoin, sort of like what they did with gold back in the 1930s, then that is very different that it just falls because someone hacks Satoshi's private key and dumps his coins on an exchange. It's also different if it's because there is a problem with the actual protocol itself. The first two are probably buying opportunities, the latter will probably mean I'd be excited to sell for 100 USD.
If it's because US bans it's citizens from holding bitcoin, sort of like what they did with gold back in the 1930s, then that is very different that it just falls because someone hacks Satoshi's private key and dumps his coins on an exchange. It's also different if it's because there is a problem with the actual protocol itself. The first two are probably buying opportunities, the latter will probably mean I'd be excited to sell for 100 USD.
I'll be waiting for cheaper bitcoins and really low cost per transaction
How much cheaper? $350 is good enough for me.
I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more
Btc will be never sub 100.
I sold my house when it was @1000 usd, I estimate ROI in 2016.
HAHAHHAHAHAHA GOOD LUCK TO YOU!
I'll be waiting for cheaper bitcoins and really low cost per transaction
How much cheaper? $350 is good enough for me.
I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more
Btc will be never sub 100.
I sold my house when it was @1000 usd, I estimate ROI in 2016.
I'll be waiting for cheaper bitcoins and really low cost per transaction
How much cheaper? $350 is good enough for me.
I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more
I'll be waiting for cheaper bitcoins and really low cost per transaction
How much cheaper? $350 is good enough for me.
You guys lost credibility calling bitcoin a good buy at 900... You took another chance calling the bottom at 850,800,700,600,500,400....... Now it is just annoying and ridiculous
You guys lost credibility calling bitcoin a good buy at 900... You took another chance calling the bottom at 850,800,700,600,500,400....... Now it is just annoying and ridiculous!
x2
I think polls like this are flawed. Every bitcoin fan thinks they would buy buy buy if the price gets to 100. And perhaps if it is manipulated in some fashion it could. But sentiment would be absolutely at rock bottom and most people would be too afraid to act.
Now it is far more likely that we retest a low 3xx number, that is when most people will buy, and the reason why I think we will never get anywhere near 100
Now it is far more likely that we retest a low 3xx number, that is when most people will buy, and the reason why I think we will never get anywhere near 100
Not me, I've been schooled the hard way. I sat and watched Bitcoin hover at $2 for a long time and never pulled the trigger at buying but I did keep mining (thank God). Looking back I wish I had just invested $5k and I won't make that mistake again. I'll buy with everything I've got if it ever drops below $100 again.
I would not say that you "got schooled" just because you did not buy thousands of bitcoin when the price was low. You were still able to mine when the difficulty was very low and likely earned some amount of bitcoin that made you a decent amount of money.
Plus you have promised that you will never do business with this account
Oh, I wouldn't buy them on here. That's what Localbitcoins is for. As a long term hold, I don't see how btc can't keep increasing in price. Everything else from bread to real estate increases in price over time. Bitcoin isn't going anywhere. If I'm not the benefactor of a drastic increase in price my kids will be.
I think on a NPV measurement, bitcoin is a good buy at sub 100 (or at 350) however it is not a guarantee that bitcoin will succeed over the long term. A major threat to bitcoin is that some competing altcoin overtakes bitcoin in terms of usage/value/adoption - if this does happen it would likely be because someone comes up with some new algo like PoS (except not a piece of shit, and actually better then PoW).
Another thing that bitcoin depends on is the continued advancement and continued development of technology, especially in the developing world. As it stands now it would not be technologically feasible to use bitcoin on a large scale in most 3rd world countries as it would be too easy to launch double spend and MITM attacks against people receiving bitcoin
I'm betting that the economy around Bitcoin is too large for a takeover by an alt but that is just a bet.
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