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

[NeuroticFish]

The strange reality is that I waited until it rose back to 300+ (then get back down) to make me think more serious of buying.
Maybe the fact it showed it can get back to its place made me think like this, however, the 100$ scenario doesn't stand.

[torrentheaven]

I don't think we will ever see $100 again to be honest, $150 perhaps the lowest but if it went to $100 a lot of people might buy in as they would see it as a risk worth taking and 'not too expensive'

Yes if it goes to $100 then it would be an win-win situation for the newbies who wants to get into the bitcoins. But honestly speaking this prices are simply not possible. And if it reaches to $100 then even I would prefer to buy some more bitcoins for investment purpose and hold it for the future.

[pigzone]

Ya maybe you may be right

[arallmuus]

Yes if it goes to $100 then it would be an win-win situation for the newbies who wants to get into the bitcoins

This is wrong as you forget that there are mBTC and people can afford to buy mBTC instead of a whole BTC. Also that you seem to forget that there is a faucet which is meant for try out if someone is interested with BTC. This reason seems to be quite absurd

But honestly speaking this prices are simply not possible

The fact is that you dont know the future and another fact is that everything seems to be not impossible on the surface while actually it could be possible. The same thing that was said to the person that tried to prove that the Earth is round instead of flat. It seem that you are not aware that the bottom is dirt cheap and there is nothing that stop people from jumping off the ship in the future if something happened and just so you are aware, market is full of manipulation which means that it is possible if the price reach below $100

[Falconer]

Yes if it goes to $100 then it would be an win-win situation for the newbies who wants to get into the bitcoins

This is wrong as you forget that there are mBTC and people can afford to buy mBTC instead of a whole BTC. Also that you seem to forget that there is a faucet which is meant for try out if someone is interested with BTC. This reason seems to be quite absurd

I think that's not entirely wrong. IMO some people who have much money want to convert their fiat to bitcoin when they heard about its decentralization and security, not to mBTC. And the faucet is just for people who don't have capital.

[zeraTunerse]

Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?

That could be a long wait. I doubt BTC will ever go that low again..... unless it fails for some reason and passes $100 on its way to $0

I don't think that it is possible that it will reach $100 in the coming period of time. Prices are climbing at the present and would keep on raising in the coming time so if it gets to $100 or low then I would believe that bitcoin is finished.

[lorylore]

Let's cut the crap. Most of us are just waiting for Bitcoin to finally hit $100 to buy a huge quantity. Am I right or talking out my ass?

That could be a long wait. I doubt BTC will ever go that low again..... unless it fails for some reason and passes $100 on its way to $0

I don't think that it is possible that it will reach $100 in the coming period of time. Prices are climbing at the present and would keep on raising in the coming time so if it gets to $100 or low then I would believe that bitcoin is finished.

I think 100$ is a bit tooo low at the moment to think. I think 200$ will reach or if it rise will be only up from 300$+

[arallmuus]

Yes if it goes to $100 then it would be an win-win situation for the newbies who wants to get into the bitcoins

This is wrong as you forget that there are mBTC and people can afford to buy mBTC instead of a whole BTC. Also that you seem to forget that there is a faucet which is meant for try out if someone is interested with BTC. This reason seems to be quite absurd

I think that's not entirely wrong. IMO some people who have much money want to convert their fiat to bitcoin when they heard about its decentralization and security, not to mBTC. And the faucet is just for people who don't have capital.

It is totally wrong. Faucet is meant to try out and thats the most efficiency way to test it out without risking any of your funds. Also that mBTC is fraction of BTC as well even 1 satoshi is a fraction ofBTC as well. The reasoning for the price to goes to $100 is pretty much absurd because even if the price goes to $1000 / BTC , someone could get into this train by purchasing $1 worth which is 0.001 BTC or 1mBTC

Prices are climbing at the present

I dont know where do you read the chart from but I can assure you that it is not climbing at this present. Perhaps you can take a quick look here for better chart ( assuming what you did read is broken ) https://bitcoinwisdom.com/markets/bitstamp/btcusd.

[neurotypical]

Im not waiting for BTC go to any lower, it's a huge risk to keep waiting for the ideal sweet spot, if you have to buy do it now, it's better to lose what, 100 or 200 euro, than lose 1000's of 1000's of euros in the future because you lost a ticket to the moon.

[pigzone]

Maybe that's actually a clever plan

[Falconer]

Yes if it goes to $100 then it would be an win-win situation for the newbies who wants to get into the bitcoins

This is wrong as you forget that there are mBTC and people can afford to buy mBTC instead of a whole BTC. Also that you seem to forget that there is a faucet which is meant for try out if someone is interested with BTC. This reason seems to be quite absurd

I think that's not entirely wrong. IMO some people who have much money want to convert their fiat to bitcoin when they heard about its decentralization and security, not to mBTC. And the faucet is just for people who don't have capital.

It is totally wrong. Faucet is meant to try out and thats the most efficiency way to test it out without risking any of your funds. Also that mBTC is fraction of BTC as well even 1 satoshi is a fraction ofBTC as well. The reasoning for the price to goes to $100 is pretty much absurd because even if the price goes to $1000 / BTC , someone could get into this train by purchasing $1 worth which is 0.001 BTC or 1mBTC

I think torrentheaven meant the newbies want to get into bitcoin world, not bitcoin literally as a currency value. Rich people won't try any faucet if they have really sure about bitcoin, just convert their money into bitcoin directly.

[arallmuus]

It is totally wrong. Faucet is meant to try out and thats the most efficiency way to test it out without risking any of your funds. Also that mBTC is fraction of BTC as well even 1 satoshi is a fraction ofBTC as well. The reasoning for the price to goes to $100 is pretty much absurd because even if the price goes to $1000 / BTC , someone could get into this train by purchasing $1 worth which is 0.001 BTC or 1mBTC

I think torrentheaven meant the newbies want to get into bitcoin world, not bitcoin literally as a currency value. Rich people won't try any faucet if they have really sure about bitcoin, just convert their money into bitcoin directly.

I didnt write anything about BTC as currency either and as I have stated faucet are meant to try out. No matter how rich someone is, no one will be blindly jumping into crypto without proper due dilligence yet also that 1 mBTC cost a 1$ even if the price goes to $1000 so his reasoning about going into $100 for the sake of mass adoption / newbies or whatever it is actually quite bogus

[knowhow]

well if bitcoin drops to 100 dollars it would generate a panic sell several people would sell it before it back to 2 dollars or less worth ,whales would let that happen but ,it may happen but i guess is getting more harder day by day to get down to 200 dollars soo thinking on a huge drop to get them for 100 dollars i guess just some new users would sell their bitcoins for such low ammount.

[Scamc0p]

I don't think we will ever see $100 again to be honest, $150 perhaps the lowest but if it went to $100 a lot of people might buy in as they would see it as a risk worth taking and 'not too expensive'

That's exactly how I felt when bitcoin was first introduced and selling a few bucks for one.
I thought it was risky to put money on this thing that will probably flop because nobody has any use for it because you can't buy anything with it. The more interest in it, the more people started to flock towards it and found use for it.
But if it drops to $100, I would be speculative to buy because it would probably never recover.

[Amph]

well if bitcoin drops to 100 dollars it would generate a panic sell several people would sell it before it back to 2 dollars or less worth ,whales would let that happen but ,it may happen but i guess is getting more harder day by day to get down to 200 dollars soo thinking on a huge drop to get them for 100 dollars i guess just some new users would sell their bitcoins for such low ammount.

it's the opposite, it will never fall under 100, because reaching that point would bring many new investors that will panic buy into the market, and rise the price at current point in no time

the lowest was around 220, who lost the train should blame himself, because we are leaving the station already

[Stedsm]

well if bitcoin drops to 100 dollars it would generate a panic sell several people would sell it before it back to 2 dollars or less worth ,whales would let that happen but ,it may happen but i guess is getting more harder day by day to get down to 200 dollars soo thinking on a huge drop to get them for 100 dollars i guess just some new users would sell their bitcoins for such low ammount.

Do you seriously think whales would take such step?
There are many famous people, one of which remains Satoshi himself, the creator.
Did he ever use his coins even when the price was above $1000?
And you think whales would take it down to $100?

[knowhow]

now i read it again i see an mistake there ..wouldnt were the word,as i were saying whales wouldnt let that happen and as i said i doubt it will get down 200 dollars ,looks like there is a huge support on it already thats why we are near 300 dollars and as someone said the train is leaving the station .
Some users would dump it if bitcoin returns to 100 dollars new users of btc would try to drop and out as well and old users as us would take that promotion to get the more we could ,because we know the potencial of bitcoin already and where it can reach and stay on the next years

[Scamc0p]

now i read it again i see an mistake there ..wouldnt were the word,as i were saying whales wouldnt let that happen and as i said i doubt it will get down 200 dollars ,looks like there is a huge support on it already thats why we are near 300 dollars and as someone said the train is leaving the station .
Some users would dump it if bitcoin returns to 100 dollars new users of btc would try to drop and out as well and old users as us would take that promotion to get the more we could ,because we know the potencial of bitcoin already and where it can reach and stay on the next years

But you forgot to say, let's face it whales run this market and control the prices whether it be it going up or down.
We with little bitcoin will ever be in control of how the price goes and will always be waiting to buy.

[errornone]

i think bitcoin will fall to 200USD in next days

[LucyLovesCrypto]

Am I right or talking out my ass?

My answer is the later.  However if it does hit $100 I agree many on this forum are more likely to buy than panic sell