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

[cryptoboy.architect]

Comparing a digital cryptocurrency which has the potential to change lives of billions of people to 100 year old public companies who do not even exist anymore is a weird comparison but I do seem to get around your point. You mean to say that nothing is for sure and I agree, although bitcoin graph charts make me feel that it has evolved a lot in the last 5 years and I think it has secured its position as a strong currency. I hope it overcomes its social and technical factors in order to reach its unbeatable position as a definitive currency.

My point was that although unthinkable at the moment, in the years to come BTC could be dethroned.

Heck imagine a world where each person has their own currency.
Want to get a loan for school? Ok, let's see are you really motivated and worthy? Good, you are! Crowdfund 5% of your person stock, so when you start working investors get dividends from your salary. In other words - consider a resource based economy where every resource has its own currency including the people, so there isn't really a middle man called "money" anymore. Cool huh?

[greBit]

Comparing a digital cryptocurrency which has the potential to change lives of billions of people to 100 year old public companies who do not even exist anymore is a weird comparison but I do seem to get around your point. You mean to say that nothing is for sure and I agree, although bitcoin graph charts make me feel that it has evolved a lot in the last 5 years and I think it has secured its position as a strong currency. I hope it overcomes its social and technical factors in order to reach its unbeatable position as a definitive currency.

My point was that although unthinkable at the moment, in the years to come BTC could be dethroned.

Heck imagine a world where each person has their own currency.
Want to get a loan for school? Ok, let's see are you really motivated and worthy? Good, you are! Crowdfund 5% of your person stock, so when you start working investors get dividends from your salary. In other words - consider a resource based economy where every resource has its own currency including the people, so there isn't really a middle man called "money" anymore. Cool huh?

I have liked the idea regarding resource based economy, where the system is a socio-economic structure and  all goods and services are available without the involvement of credit,barter,money or any other system of debt. And about your point about BTC could be dethroned in coming years, it really has no throne for itself right now anyway There's no point being the king of crypto, btc is aiming to be the king of currency

[Falconer]

Yeah i think so the price of bitcoin will dont go never at $100,
but we are waiting for $100/BTC to buy
at least at $200 but i think it would never be happen

If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back, which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

[Pk880058]

Yeah i think so the price of bitcoin will dont go never at $100,
but we are waiting for $100/BTC to buy
at least at $200 but i think it would never be happen

If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back, which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

The 1000$ price of Bitcoin was due to the mtgox pump and nothing else.
So that's why the bitcoin is still hovering around 300$ mark.

[bitcollins85]

I very much doubt the price will ever go that low again.  My advice to you would be buy slowly, using dollar cost averaging. Split it up into equal dollar amounts and buy at regular time intervals. That way, if the price crashes a bit more, you don't lose a bunch of money, and if it takes off, you still get the upside. Only invest what you're comfortable

[arallmuus]

If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back

There is tons of scenario regarding this however one of the most possible scenario when BTC hit $100 will be that there will be alot of people jumping the ship and proclaim that BTC is dead , which in most scenarios had happened before. This will then be followed as alot more sell pressure that keep on driving the price to ground floor .
Worst possible thing after that would be sell pressure will keep ongoing until the rage and fuss stopped and the best scenario would be that someone / the chinese ASIC manufacturer would put up a huge buy wall to prevent it from going deeper as that may only hurt their business ( part of my speculation which you can check from the previous pages ) , this is unlikely to happen but still possible to happen

which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

The bolded part should be added with "yet" , things might change in the future as everything keeps going better and better

[wearepoor]

Yeah i think so the price of bitcoin will dont go never at $100,
but we are waiting for $100/BTC to buy
at least at $200 but i think it would never be happen

If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back, which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

I Agree, that is correct, If it reaches $100 then we can't expect that it would go higher in a quick time, and then we need to wait for a long time for it to reach $300 mark or more, and it would be useless to waste time, but it would definitely attract new investors.

[HarHarHar9965]

Yeah i think so the price of bitcoin will dont go never at $100,
but we are waiting for $100/BTC to buy
at least at $200 but i think it would never be happen

If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back, which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

In a situation which forces the btc to drop around/at 100$, a lot of people would lose their mind and quit. I don't think so if people would be strong enough to maintain their believe in something which is 10% of what it was before, a thousands dollars. Ofcourse bitcoin has come a long way than what it used to be initially, but I don't think many people would buy in, rather many people would buy out. Or the demand and supply somehow equals out, and has no effect whatsoever

[BTCevo]

if anything ETH will enforce bitcoin , instead of dropping it, ETH is nothing more than a freenet, decentralized platform, everything that is decentralized can only help bitcoin not the contrary...

so you're wrong about hoping that one day ETH will make bitcoin obsolete, there is no $100 btc, there is no even 200 anymore, the new cheap price is 250

Agree with you in the very short term. But in the long rung - it all depends on how BTC evolves. In terms of scalability and cost, BTC is not showing a lot of promise at the moment. If you look back a 100 years you will see a ton of public companies that nobody thought they would ever go away. But yes, it's very early days. Anything can happen. In a way it's what makes it super exciting.

Since the price hit $1200 bitcoin is well known to everyone but when it down until now the people are losing their hope nowadays, but that is only for a while in the end of this year the price will hit $500 again and there must be mass adoption on it so prepare to stack your bitcoin from now or you will miss that moment

[greBit]

if anything ETH will enforce bitcoin , instead of dropping it, ETH is nothing more than a freenet, decentralized platform, everything that is decentralized can only help bitcoin not the contrary...

so you're wrong about hoping that one day ETH will make bitcoin obsolete, there is no $100 btc, there is no even 200 anymore, the new cheap price is 250

Agree with you in the very short term. But in the long rung - it all depends on how BTC evolves. In terms of scalability and cost, BTC is not showing a lot of promise at the moment. If you look back a 100 years you will see a ton of public companies that nobody thought they would ever go away. But yes, it's very early days. Anything can happen. In a way it's what makes it super exciting.

Since the price hit $1200 bitcoin is well known to everyone but when it down until now the people are losing their hope nowadays, but that is only for a while in the end of this year the price will hit $500 again and there must be mass adoption on it so prepare to stack your bitcoin from now or you will miss that moment

Honestly, it would be much better to not have those people in the community who would sell out and run away when the price drops. We are the people who have adopted cryptocurrency at a very early age and it is our responsibility to stand along with bitcoin due to its early phases of struggle, and not run away if we truly believe in the power of bitcoin. I don't care how volatile bitcoin is, all I know is its going to change lives.

[mearylll]

if anything ETH will enforce bitcoin , instead of dropping it, ETH is nothing more than a freenet, decentralized platform, everything that is decentralized can only help bitcoin not the contrary...

so you're wrong about hoping that one day ETH will make bitcoin obsolete, there is no $100 btc, there is no even 200 anymore, the new cheap price is 250

Agree with you in the very short term. But in the long rung - it all depends on how BTC evolves. In terms of scalability and cost, BTC is not showing a lot of promise at the moment. If you look back a 100 years you will see a ton of public companies that nobody thought they would ever go away. But yes, it's very early days. Anything can happen. In a way it's what makes it super exciting.

Since the price hit $1200 bitcoin is well known to everyone but when it down until now the people are losing their hope nowadays, but that is only for a while in the end of this year the price will hit $500 again and there must be mass adoption on it so prepare to stack your bitcoin from now or you will miss that moment

Honestly, it would be much better to not have those people in the community who would sell out and run away when the price drops. We are the people who have adopted cryptocurrency at a very early age and it is our responsibility to stand along with bitcoin due to its early phases of struggle, and not run away if we truly believe in the power of bitcoin. I don't care how volatile bitcoin is, all I know is its going to change lives.

True, we need to support bitcoins, as it would become a necessity in the future, and at this stage I want that price should lower down, So that could buy bunch of bitcoins and keep it safe in a wallet for the future, and sell it off when the right time comes.

[eternalgloom]

I could see it going back to $100 if popularity just drops, no more adoption and existing users turning their back on the currency.
And I do think Bitcoin could use some good marketing right about now, to bring in some new users.

But ease of use must be improved, through certain services possibly..

[HarHarHar9965]

I could see it going back to $100 if popularity just drops, no more adoption and existing users turning their back on the currency.
And I do think Bitcoin could use some good marketing right about now, to bring in some new users.

But ease of use must be improved, through certain services possibly..

I think as bitcoin users, it should be our responsibility to contribute to the world of crypto with our skills and expertise, providing the people of the bitcoin community with services, websites, products, apps, etc which are essential to them increasing their use of bitcoins as well as use the application created. The application will get a lot of money, especially now that it knows its demographics and chance of monopoly

[greBit]

I could see it going back to $100 if popularity just drops, no more adoption and existing users turning their back on the currency.
And I do think Bitcoin could use some good marketing right about now, to bring in some new users.

But ease of use must be improved, through certain services possibly..

I think as bitcoin users, it should be our responsibility to contribute to the world of crypto with our skills and expertise, providing the people of the bitcoin community with services, websites, products, apps, etc which are essential to them increasing their use of bitcoins as well as use the application created. The application will get a lot of money, especially now that it knows its demographics and chance of monopoly

Its very true, people do not respond to comments like these but such comments deserve the most attention. Instead of constantly fighting about how bitcoin is so volatile, the pros and cons, the bullshit other countries are doing and ranting why they are not adopting bitcoin, there should be threads which encourage innovation and help build together something really cool!

[n2004al]

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?

I don't know what I will do. Probably I will decide when and if the price will go at that value. But I'am afraid that I will spend a big amount of money buying and then will regret my spent of those (can be to much). Bitcoin is terribly attractive.

[Shinpako09]

I'm one of them whos waiting for $100 price of bitcoin and buy some of it. But I really don't want to see the price of bitcoin to become $100, it's alarming for me.

[roadbits]

I'm one of them whos waiting for $100 price of bitcoin and buy some of it. But I really don't want to see the price of bitcoin to become $100, it's alarming for me.

I think if price fall back to that level surely many bitcoin user will leave and move on to find some thing else. Because if price fall back to 100 then surely it will go to double digit and very difficult to pick up from that level. So I do not want that to happen instead I want prices to move up 

[ralle14]

this will only happen if alot of dumping is made and some ppl lose hope on btc
but for now it might happen but lets hope not and wish that the lowest price will
be at 200$ and doesnt go lower

[7788bitcoin]

To be honest, if the price drop to $100/coin, most people will be SELLING not buying. IMO, if the price drop below $150-200, something very bad must have happened.

[n2004al]

To be honest, if the price drop to $100/coin, most people will be SELLING not buying. IMO, if the price drop below $150-200, something very bad must have happened.

It is true that most of people will sell. Will sell the less bitcoiners. And there will be some that will buy. But you in which group takes part? You didn't tell what do you do if the price fall at 100 us dollar. This is the meaning of this thread. Understand if you are a bitcoiner and will buy or a non bitcoiner and will sell.