Bitcoin Forum

Economy => Speculation => Topic started by: montgolfier on February 05, 2015, 09:54:55 PM



Title: It will drop under 100
Post by: montgolfier on February 05, 2015, 09:54:55 PM
Think about it. We're at a major tipping point in the life cycle of Bitcoin, a 'make or break' if you like. The price has been dropping for longer than it's ever dropped and is now entering into the 'despair' phase of this price bubble.

It will bounce back up of course, but before it can climb confidently there has to be a steep, brief plunge downwards into the 'oh shiiiiIt' price range - the sub-100

It wont stay there for long, few will get $80/90, but only until this psychological barrier as been breached can the recovery begin

Source: my stoned brain

Thanks!   8)


Title: Re: It will drop under 100
Post by: Silent Sam on February 05, 2015, 10:22:38 PM
cute theory bro


Title: Re: It will drop under 100
Post by: Dexter770221 on February 05, 2015, 10:25:15 PM
....
Source: my stoned brain
Good luck bro...

Source: my stoned brain


Title: Re: It will drop under 100
Post by: stonerider on February 05, 2015, 10:45:49 PM
Cool story, bro.


Title: Re: It will drop under 100
Post by: podyx on February 05, 2015, 10:50:01 PM


good lookin out dawg!


Title: Re: It will drop under 100
Post by: kutaka on February 05, 2015, 10:57:00 PM
He might be right. Marshall will dump hard, also, there is a lot of negative energy around bitcoin in the air. I am not planning to buy at 200$, waiting for 100-125$. Real bottom might be around summer.


Title: Re: It will drop under 100
Post by: MatTheCat on February 06, 2015, 02:36:04 AM
It will drop under $100.

Correct.


Title: Re: It will drop under 100
Post by: Dafar on February 06, 2015, 02:53:28 AM
I wouldn't be surprised... i feel like we still haven't hit "true despair"


Title: Re: It will drop under 100
Post by: oblivi on February 06, 2015, 02:59:13 AM
True, this whole fork thing is going to make lots of panicsellers panic hard. Good for us boat missers, cheap btc incoming!


Title: Re: It will drop under 100
Post by: fonzie on February 06, 2015, 03:00:07 AM
What´s more important is the question how many will actually buy coins when it drops below 100$, and how long will they hold them?
Probably as many as those who bought below 300$... Which would bring us a short lived bull trap to 150$ before we go down further ... :D


Title: Re: It will drop under 100
Post by: noma on February 06, 2015, 03:15:18 AM
Well, the drop as you say is probably never going to happen. But seems like the perfect opportunity to throw this again.

http://s15.postimg.org/ncboxwjhz/1388615896212.jpg?noCache=1423157493


Title: Re: It will drop under 100
Post by: samiya on February 06, 2015, 03:25:32 AM

i don't think something like that will be happen but god knows ..market ups and down so it's not a good news but i think if people keep patient price will up again ..so don't sell at lose at all .


Title: Re: It will drop under 100
Post by: camolist on February 06, 2015, 04:16:48 AM
https://bitbet.us/bet/1108/bitcoin-to-drop-under-100-before-april/ please join my bet or leave the forum and go troll elsewhere


Title: Re: It will drop under 100
Post by: waterpile on February 06, 2015, 10:30:28 AM
Even if it drops $100 people would still use it. besides cheap price means more coins.


Title: Re: It will drop under 100
Post by: readysalted89 on February 06, 2015, 12:09:27 PM
I wouldn't be surprised... i feel like we still haven't hit "true despair"

During "true despair" there will probably only be two posts a day on this board.


Title: Re: It will drop under 100
Post by: g-unit on February 06, 2015, 12:36:07 PM
Cool story babe. Can you get me another beer?


Title: Re: It will drop under 100
Post by: sandykho47bt on February 06, 2015, 01:33:43 PM
A bubble before huge pump ? It already happen 3 times
But, looks like this time it won't drop under 100

Under 100 is still a long way, maybe never happen


Title: Re: It will drop under 100
Post by: fenghush on February 06, 2015, 01:34:52 PM
$100 is optimistic, I have my buy orders at $6


Title: Re: It will drop under 100
Post by: camolist on February 06, 2015, 01:36:52 PM
$100 is optimistic, I have my buy orders at $6

if you believe that go to this bet where 1 btc pays 3.6

or go troll your predictions on some other site

https://bitbet.us/bet/1108/bitcoin-to-drop-under-100-before-april/ please join my bet or leave the forum and go troll elsewhere


Title: Re: It will drop under 100
Post by: fenghush on February 06, 2015, 01:43:42 PM
Is it really that hard to convey sarcasm over the internet, or people have lost all their funny?
$100 is optimistic, I have my buy orders at $6

if you believe that go to this bet where 1 btc pays 3.6

or go troll your predictions on some other site

https://bitbet.us/bet/1108/bitcoin-to-drop-under-100-before-april/ please join my bet or leave the forum and go troll elsewhere


Title: Re: It will drop under 100
Post by: Bralex on February 06, 2015, 01:52:14 PM
I could see it happening but I really doubt it...


Title: Re: It will drop under 100
Post by: L0uis on February 06, 2015, 02:36:07 PM
Is it really that hard to convey sarcasm over the internet, or people have lost all their funny?
$100 is optimistic, I have my buy orders at $6

if you believe that go to this bet where 1 btc pays 3.6

or go troll your predictions on some other site

https://bitbet.us/bet/1108/bitcoin-to-drop-under-100-before-april/ please join my bet or leave the forum and go troll elsewhere

I lol'd. Thanks


Title: Re: It will drop under 100
Post by: 1Referee on February 06, 2015, 02:47:36 PM
True, this whole fork thing is going to make lots of panicsellers panic hard. Good for us boat missers, cheap btc incoming!

That's fantastic news for me!

Can't wait till their weak sweaty hands sell me their coins for $99  :D


Title: Re: It will drop under 100
Post by: Amph on February 06, 2015, 04:35:17 PM
it coulld, but for a few seconds only, i don't believe the price can remain in double digit for long, that zone is full of buyers


Title: Re: It will drop under 100
Post by: indiemax on February 06, 2015, 04:46:06 PM
it coulld, but for a few seconds only, i don't believe the price can remain in double digit for long, that zone is full of buyers

who are lowering their buy price daily ;D


Title: Re: It will drop under 100
Post by: tss on February 07, 2015, 09:39:00 AM

you back to warning us all with TA... yes you have been right all along haven't you.  so you must have a btc or two to bet on your statement.   no?


Title: Re: It will drop under 100
Post by: Q7 on February 07, 2015, 10:59:19 AM
So isn't that a perfect opportunity for you to place your buy order? If it really *does* get to that level...


Title: Re: It will drop under 100
Post by: randy8777 on February 07, 2015, 12:42:33 PM
if bitcoin goes under $100 only a few lucky people will have the chance to buy at that price.
it will most likely be sort of a flash crash.


Title: Re: It will drop under 100
Post by: waterpile on February 07, 2015, 12:50:33 PM
There is no way bitcoin goes below 100. I doubt seeing below 200 anytime soon.

everything is possible, miners need to dump some of their bitcoins to pay their bills.


Title: Re: It will drop under 100
Post by: rosh on February 07, 2015, 01:42:26 PM
if bitcoin goes under $100 only a few lucky people will have the chance to buy at that price.
it will most likely be sort of a flash crash.

Doesn't matter.
People will buy all the way down.
Even if they don't get sub-100 coins, they will laugh all the way to the bank when the next bull run happens.


Title: Re: It will drop under 100
Post by: samson on February 08, 2015, 09:47:56 AM
The price could easily go down to less than $100, it's already gone from $1100 to $200 why should it stop now ?


Title: Re: It will drop under 100
Post by: zcxvbs on February 08, 2015, 10:25:41 AM
the sub-100

Yes , it would, But remember Bitcoin always make people surprised.


Title: Re: It will drop under 100
Post by: picolo on February 08, 2015, 11:34:59 AM
Think about it. We're at a major tipping point in the life cycle of Bitcoin, a 'make or break' if you like. The price has been dropping for longer than it's ever dropped and is now entering into the 'despair' phase of this price bubble.

It will bounce back up of course, but before it can climb confidently there has to be a steep, brief plunge downwards into the 'oh shiiiiIt' price range - the sub-100

It wont stay there for long, few will get $80/90, but only until this psychological barrier as been breached can the recovery begin

Source: my stoned brain

Thanks!   8)

Yes it is possible or we already had the big steep plunge to 150$.


Title: Re: Re: It will drop under 100
Post by: fearlesscat10 on February 08, 2015, 11:47:56 AM
Quote from: picolo
Quote from: montgolfier on February 05, 2015, 04:54:55 PM

Think about it. We're at a major tipping point in the life cycle of Bitcoin, a 'make or break' if you like. The price has been dropping for longer than it's ever dropped and is now entering into the 'despair' phase of this price bubble.

It will bounce back up of course, but before it can climb confidently there has to be a steep, brief plunge downwards into the 'oh shiiiiIt' price range - the sub-100

It wont stay there for long, few will get $80/90, but only until this psychological barrier as been breached can the recovery begin

Source: my stoned brain

Thanks!    ?


Yes it is possible or we already had the big steep plunge to 150$.

Agreed. I think we'll reach it around summer. Getting my fiat ready. :)



Title: Re: It will drop under 100
Post by: mitus-2 on February 08, 2015, 11:52:42 AM
well personally i don't think so.... we'll reach 170-180 another time but not under 100. there will be too much buy pressure.


Title: Re: It will drop under 100
Post by: Equate on February 08, 2015, 12:44:19 PM
Drops under 100.... Not gonna happen for a while.


Title: Re: It will drop under 100
Post by: picolo on February 08, 2015, 04:38:57 PM
well personally i don't think so.... we'll reach 170-180 another time but not under 100. there will be too much buy pressure.

It is far more likely that we will reach 180 than less than 100.


Title: Re: It will drop under 100
Post by: fonzie on February 08, 2015, 04:44:24 PM
well personally i don't think so.... we'll reach 170-180 another time but not under 100. there will be too much buy pressure.

It is far more likely that we will reach 180 than less than 100.

You´re pretty good at math!  :D


Title: Re: It will drop under 100
Post by: calme on February 08, 2015, 08:55:00 PM
We'll get down to below 100 no doubt, but down to 180 I'm not so sure about.  :-\


Title: Re: It will drop under 100
Post by: picolo on February 08, 2015, 08:59:43 PM
We'll get down to below 100 no doubt, but down to 180 I'm not so sure about.  :-\

 ;D Below 100 is below 180


Title: Re: It will drop under 100
Post by: Brewins on February 08, 2015, 09:09:14 PM
We'll get down to below 100 no doubt, but down to 180 I'm not so sure about.  :-\

you realize that to reach 100 the price must go down to 180, right?  Since we are above 180 right now
(


Title: Re: It will drop under 100
Post by: sandy47bt on February 09, 2015, 10:18:11 AM
Some people said it might drop under $200
But, i think under $100 is a bit too much

My guess we might see between $110 - $170


Title: Re: It will drop under 100
Post by: AtheistAKASaneBrain on February 09, 2015, 02:50:50 PM
If we can make it at least until april above 100 it would mean there is a solid barrier and we can be almost sure we will not see 100.


Title: Re: It will drop under 100
Post by: Bralex on February 09, 2015, 04:27:06 PM
(It will drop below 100)

This i doubt very much do you believe there wont be a major buy before it gets close to 100?

There will be the lowest this is going is 180 - 190.

Thanks for info.


Title: Re: It will drop under 100
Post by: pooya87 on February 09, 2015, 05:46:44 PM
Some people said it might drop under $200
But, i think under $100 is a bit too much

My guess we might see between $110 - $170
if it falls to 100-110$ it will go further down in price even below 80$ that is where i will be waiting with my money in hand jumping in :D


Title: Re: It will drop under 100
Post by: dropt on February 09, 2015, 05:56:39 PM
Some people said it might drop under $200
But, i think under $100 is a bit too much

My guess we might see between $110 - $170
if it falls to 100-110$ it will go further down in price even below 80$ that is where i will be waiting with my money in hand jumping in :D

And it will continue plummeting down to $4.99 and you'll be left holding the bag  :D


Title: Re: It will drop under 100
Post by: stonerider on February 09, 2015, 06:05:28 PM
^^^^^^^
If it ever drops below $100, nothing/noone can stop it from falling further down to $2-5 level in no time. However, I don't think it will ever go below $100. We are far past the point of $100 level.


Title: Re: It will drop under 100
Post by: Lexi Price on February 09, 2015, 07:44:45 PM
I started a specific thread and asked this question about it dropping below 100...people keep insisting it can't get any lower and I wanted to know why can't it...what's the actual reason or reasons it can't and it appears there's not one other than they think "it just can't" because they say so.

I don't mind arguing or debating or speculating what bitcoin can and can't do but I'm still learning and would love it if the ones who make some definitive claim or assertion would kindly add a statement of fact or reasoning before they hit the post button.

That all being said, I find this little meme best describes bitcoin's price. Once you accept this, you can still play and ride the ride but also know when to step off and go get a corn dog for awhile and let it do what it's going to do without anxiety or "oh shiiiiiiittttt!!"

http://www.brainlesstales.com/images/misc/bitcoin-roller-coaster.gif


My buying strategy is that there's a certain amount of money I tend to spend on frivolous bs, entertainment or whatever each month. I forego all that and use it to buy bitcoin. It's not a sentiment that I can afford to lose it or not, it's more a sentiment I'd blow this on crap anyway, usually one time shot things out of sheer boredom so instead I'll spend it on buying bitcoin at an intriguing price. If it drops to 0, it would've been gone anyway. It if shoots up, depending on range, I'll spend some and hold onto the rest. Even dropping to 190 range recently didn't freak me out. I hoped it'd go lower so I could buy more for less.


Title: Re: It will drop under 100
Post by: balu2 on February 09, 2015, 07:47:41 PM


And it will continue plummeting down to $4.99 and you'll be left holding the bag  :D

+1


https://i.imgur.com/osEroUI.gif


Title: Re: It will drop under 100
Post by: tss on February 15, 2015, 06:45:26 AM
Some people said it might drop under $200
But, i think under $100 is a bit too much

My guess we might see between $110 - $170
if it falls to 100-110$ it will go further down in price even below 80$ that is where i will be waiting with my money in hand jumping in :D

And it will continue plummeting down to $4.99 and you'll be left holding the bag  :D

yes, if we see $99 coins we will one day see $0.99 coins.


Title: Re: It will drop under 100
Post by: MilesJohan on February 15, 2015, 06:49:27 AM
Seems we will be dropping under 10 now.


Title: Re: It will drop under 100
Post by: billyjoeallen on February 15, 2015, 06:58:47 AM
You should totally go shrot

Think of all the money you'll make on the trip down!


Title: Re: It will drop under 100
Post by: shmadz on February 15, 2015, 07:05:46 AM

LOL!

(Not laughing at the sub hundred prediction, laughing at the fact that Mat is still posting in this forum)

*well, laughing a little bit at the price too,  ;D


Title: Re: It will drop under 100
Post by: ajareselde on February 15, 2015, 12:53:02 PM
Last time i say bitcoin price will fall under $200 again, but the reality bitcoin price now is $260
So, i think your speculation might be wrong ::)

247$ now, and i think its going to continue to fall until 235-240$, then a push upwards again, there was too much volume for this push to slow down
so fast. Or was it just someone buying tons of bitcoins for...reasons...


Title: Re: It will drop under 100
Post by: LewiesMan on February 15, 2015, 12:55:35 PM
Then sell me your coins at a below 100 price each. Ill buy all you have.


Title: Re: It will drop under 100
Post by: Amph on February 15, 2015, 01:22:49 PM


And it will continue plummeting down to $4.99 and you'll be left holding the bag  :D

+1


snip

sure, don't cry when will reach 500 then


Title: Re: It will drop under 100
Post by: Chef Ramsay on February 16, 2015, 04:15:56 AM
Then sell me your coins at a below 100 price each. Ill buy all you have.
That offer has been open for far too long on this spec forum with all the bearturds posting their nonsense but not addressing nor taking you up on your offer. Go figure.. I'd contribute to picking those sellers off as well in terms of scooping their unvaluable coins.


Title: Re: It will drop under 100
Post by: afbitcoins on February 17, 2015, 12:17:51 AM
I started a specific thread and asked this question about it dropping below 100...people keep insisting it can't get any lower and I wanted to know why can't it...what's the actual reason or reasons it can't and it appears there's not one other than they think "it just can't" because they say so.

Some people insist it won't get below $100 others insist its on its way to zero. I insist those things too.
happy pancake day !


Title: Re: It will drop under 100
Post by: rich93 on February 17, 2015, 12:53:27 AM
I started a specific thread and asked this question about it dropping below 100...people keep insisting it can't get any lower and I wanted to know why can't it...what's the actual reason or reasons it can't and it appears there's not one other than they think "it just can't" because they say so.

Some people insist it won't get below $100 others insist its on its way to zero. I insist those things too.
happy pancake day !

You can't insist both will happen, you have to pick one or the other.


Title: Re: It will drop under 100
Post by: waterpile on February 17, 2015, 12:55:15 AM
I started a specific thread and asked this question about it dropping below 100...people keep insisting it can't get any lower and I wanted to know why can't it...what's the actual reason or reasons it can't and it appears there's not one other than they think "it just can't" because they say so.

Some people insist it won't get below $100 others insist its on its way to zero. I insist those things too.
happy pancake day !

You can't insist both will happen, you have to pick one or the other.

zero value its highly unlikely going to happen, below $100 is plausible but it will take time to happen.


Title: Re: It will drop under 100
Post by: tss on February 17, 2015, 02:10:52 AM

LOL!

(Not laughing at the sub hundred prediction, laughing at the fact that Mat is still posting in this forum)

*well, laughing a little bit at the price too,  ;D

yep.. me too.. quite entertaining that he's back with the doom and gloom.. maybe he's "trading again"


Title: Re: It will drop under 100
Post by: jones techbit on February 17, 2015, 02:43:12 AM
I find it difficult to see a price below 100 in  2015. is not going to happen, unless there is a shocking event, a risk event, of large proportions.


Title: Re: It will drop under 100
Post by: picolo on February 17, 2015, 12:15:59 PM
Think about it. We're at a major tipping point in the life cycle of Bitcoin, a 'make or break' if you like. The price has been dropping for longer than it's ever dropped and is now entering into the 'despair' phase of this price bubble.

It will bounce back up of course, but before it can climb confidently there has to be a steep, brief plunge downwards into the 'oh shiiiiIt' price range - the sub-100

It wont stay there for long, few will get $80/90, but only until this psychological barrier as been breached can the recovery begin

Source: my stoned brain

Thanks!   8)

It is possible but I think there will be a lot of support sub-200$ as we have seen last time it went under 200$.


Title: Re: It will drop under 100
Post by: arieq on February 18, 2015, 10:01:17 AM
It is funny to watch you all put so much effort into making btc goes down, I know my bitcoins are scarce and desirable


Title: Re: It will drop under 100
Post by: HarmonLi on February 18, 2015, 10:08:30 AM
Of course it could still go down from here. Even below $100! At best we're only slowly getting back into a bull market now but we're definitely not there yet!
That being said, I don't think we see prices below $100 again - ever. Back in 2011 people also waited for things to go below $1...


Title: Re: It will drop under 100
Post by: fearlesscat10 on February 20, 2015, 12:02:13 AM
Of course it could still go down from here. Even below $100! At best we're only slowly getting back into a bull market now but we're definitely not there yet!
That being said, I don't think we see prices below $100 again - ever. Back in 2011 people also waited for things to go below $1...

People said that about $300. People also said that $300 had a lot of buy support, and now $200. But then nobody can really know. IMO it's a good time to buy and accumulate right now, regardless of price.


Title: Re: It will drop under 100
Post by: ajareselde on February 20, 2015, 12:17:21 AM
Of course it could still go down from here. Even below $100! At best we're only slowly getting back into a bull market now but we're definitely not there yet!
That being said, I don't think we see prices below $100 again - ever. Back in 2011 people also waited for things to go below $1...

People said that about $300. People also said that $300 had a lot of buy support, and now $200. But then nobody can really know. IMO it's a good time to buy and accumulate right now, regardless of price.

Lets be real, it has been a living nightmare to bring it down under 200$, and it bounced back up like a ping-pong ball, and with every step back the struggle was greater, so what in the world would make someone think it can go below 100$? I may be too optimistic, but i dont think i am, its more realistic than optimistic. Under 200 ? no problem, it may happen, but under 100 i think never again.
I would personaly love it if that happens, but i wouldnt sell a satoshi even if i were starving to death, i would just buy more and more, until blisters appear on my finger from pressing "buy btc"


Title: Re: It will drop under 100
Post by: waterpile on February 20, 2015, 02:17:44 AM
Of course it could still go down from here. Even below $100! At best we're only slowly getting back into a bull market now but we're definitely not there yet!
That being said, I don't think we see prices below $100 again - ever. Back in 2011 people also waited for things to go below $1...

People said that about $300. People also said that $300 had a lot of buy support, and now $200. But then nobody can really know. IMO it's a good time to buy and accumulate right now, regardless of price.

Lets be real, it has been a living nightmare to bring it down under 200$, and it bounced back up like a ping-pong ball, and with every step back the struggle was greater, so what in the world would make someone think it can go below 100$? I may be too optimistic, but i dont think i am, its more realistic than optimistic. Under 200 ? no problem, it may happen, but under 100 i think never again.
I would personaly love it if that happens, but i wouldnt sell a satoshi even if i were starving to death, i would just buy more and more, until blisters appear on my finger from pressing "buy btc"

If the 50k coins at an auction would be sold at the same time that would really make a price panic :P


Title: Re: It will drop under 100
Post by: bitkilo on February 20, 2015, 02:27:28 AM
It will be interesting to see what will happen to the price after the 50k auction but i don't think it will affect the price much.

Interesting source though, my stoned brain often tells me to buy.
Note: Don't buy coins when stoned..  :P


Title: Re: It will drop under 100
Post by: fearlesscat10 on February 20, 2015, 03:38:30 AM
It will be interesting to see what will happen to the price after the 50k auction but i don't think it will affect the price much.

Interesting source though, my stoned brain often tells me to buy.
Note: Don't buy coins when stoned..  :P

Better than selling coins when stoned. :D


Title: Re: It will drop under 100
Post by: bitkilo on February 20, 2015, 03:52:10 AM
It will be interesting to see what will happen to the price after the 50k auction but i don't think it will affect the price much.

Interesting source though, my stoned brain often tells me to buy.
Note: Don't buy coins when stoned..  :P

Better than selling coins when stoned. :D
Yep, done that too.
Come to think of it i probably bought more weed with the cash out.  :P