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

[Luqman]

I dont want bitcoin price $100/BTC, seriously 

[x_Molotov]

$100 is easily achievable. I'm not sure how I'd feel about it. The $32 - $2 bubble ultimately didn't count for much because the space was so tiny. Now there are industrial mining operations, a lot of people are employed and companies have invested. It couldn't live on at that price for long.

The more I learn about this, the more I realise how much of a prisoner we are to our little monkey brains. People just cannot seem to wrap their heads around a few straightforward statistics.

'I'm not paying more than $100 for a whole one' -  The motherfucker is divisible and pretty soon you'll have $100 worth of nothing if it doesn't grow until a whole one is beyond the means of most.

'$1200 is parity with gold. That's too much' - No it isn't. Crazy as it may seem, there's more gold in the world. A shit ton more. 50 million ounces of gold are unearthed every single year. Over half a million dollars a piece or so is true parity with gold.

'I'll go all in when it goes sub $100' - No you won't. You'll be running around the house screaming. Only hardened pros, icemen and psychos will pile in. That's why you're following where they decide the market should go.

There really should be a glowing banner at the top of this forum that flashes - ONLY 21 MILLION. NEVER, EVER ANY MORE.

It won't be technical limitations or failures that finish Bitcoin, it'll be the pisspoor perception and judgment of the people involved with it.

That was beautiful.
Can I send you 1000 bits? pm me your address.

[prodigy8]

Lots of bitcoiners says they will buy a lot of bitcoin if the price fall into $100 but the reality is when the price become $100 they won't because they are thinking if it's still worth it to invest in bitcoin.

I have a feeling that the bitcoin price will be increased to much in the half of the next year.

The price probably will not decrease as the block reward will be decreased to 12.5BTC per block.

[lexuz]

Lots of bitcoiners says they will buy a lot of bitcoin if the price fall into $100 but the reality is when the price become $100 they won't because they are thinking if it's still worth it to invest in bitcoin.

I have a feeling that the bitcoin price will be increased to much in the half of the next year.

The price probably will not decrease as the block reward will be decreased to 12.5BTC per block.

Yeah that's will coming soon, we all are waiting halving coming and want to see price increase after halving

[oser41eric]

I dont want bitcoin price $100/BTC, seriously 

You're not the only one who doesn't want it to drop to $100 I doubt none of us here do. I have my get out of dodge number and it is well before then.

[Amph]

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?

Talking out of your ass.

When the price hit 100, everyone will panic and no one will buy.

isn't the opposite, i would predict that at 100 everyone will wait a bit more, maybe around 50-100 range and then another crazy really will start again, to bring the price above 100

[Abiky]

Lots of bitcoiners says they will buy a lot of bitcoin if the price fall into $100 but the reality is when the price become $100 they won't because they are thinking if it's still worth it to invest in bitcoin.

I have a feeling that the bitcoin price will be increased to much in the half of the next year.

The price probably will not decrease as the block reward will be decreased to 12.5BTC per block.

Yeah that's will coming soon, we all are waiting halving coming and want to see price increase after halving

I agree with you. The next halving is going to be big with a probable increase in Bitcoin's price. That's why even if Bitcoin's price is low these days, it is the perfect time to buy more. I have the sense that the price will increase soon around the year of 2016. Just hoping that it would be the year of Bitcoin, but it is really unpredictable. 

[bitgolden]

Lots of bitcoiners says they will buy a lot of bitcoin if the price fall into $100 but the reality is when the price become $100 they won't because they are thinking if it's still worth it to invest in bitcoin.

I have a feeling that the bitcoin price will be increased to much in the half of the next year.

The price probably will not decrease as the block reward will be decreased to 12.5BTC per block.

Yeah that's will coming soon, we all are waiting halving coming and want to see price increase after halving

I agree with you. The next halving is going to be big with a probable increase in Bitcoin's price. That's why even if Bitcoin's price is low these days, it is the perfect time to buy more. I have the sense that the price will increase soon around the year of 2016. Just hoping that it would be the year of Bitcoin, but it is really unpredictable. 

Yes next halving is within a year. So, waiting for price down is meaningless. We must buy now itself. Because we can buy bitcoin again if prices again go down. So do not miss the chance to buy at current levels.

[Eastwind]

Yes next halving is within a year. So, waiting for price down is meaningless. We must buy now itself. Because we can buy bitcoin again if prices again go down. So do not miss the chance to buy at current levels.

Halving does not necessarily lead to price going up. Litecoin is an example.

[popovicbit]

This title made me

[Q7]

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?

Actually,it depends on the person holding the bitcoins.
if they are holding huge amounts of bitcoins they must be probably wanting that bitcoin should rise and rise..and if some people  (including me) are holding less or no bitcoins then they want the price of bitcoin to drop so they can acquire as much bitcoin as they can before it rises again

Anyone holding bitcoin like a capital asset isn't using bitcoin as it's intended, which is as a currency. In order for a currency to be viable, it needs to be a stable store of value, not subject to volatility. Volatility is what caused the bubble in 2013 that sent bitcoin over $1100, and the speculation resulted (predictably) in the crash that followed. The range bitcoin has been trading at in the last 6 months has been the best thing for bitcoin adoption, but the price is still too volatile to be a useful currency. Merchants transacting in bitcoin immediately convert to fiat. That's bad for the bitcoin community.

I think that's valid. Price fluctuation is actually bad in terms of business adoption as it could expose the owners towards exchange rate loses, this unless they use the services of payment processors to absorb the risk on their behalf. At least right now price has been range bound and finally there's light at the end of the tunnel, something for us to look forward to.

[deisik]

Anyone holding bitcoin like a capital asset isn't using bitcoin as it's intended, which is as a currency. In order for a currency to be viable, it needs to be a stable store of value, not subject to volatility. Volatility is what caused the bubble in 2013 that sent bitcoin over $1100, and the speculation resulted (predictably) in the crash that followed. The range bitcoin has been trading at in the last 6 months has been the best thing for bitcoin adoption, but the price is still too volatile to be a useful currency. Merchants transacting in bitcoin immediately convert to fiat. That's bad for the bitcoin community.

And did Bitcoin adoption expand during these months?

I guess no. How come? Because stable price (steady value) is required for merchants' wider adoption (Bitcoin as a means of payment, i.e. currrency), but it is not the only requirement...

[1Referee]

I dont want bitcoin price $100/BTC, seriously 

You're not the only one who doesn't want it to drop to $100 I doubt none of us here do. I have my get out of dodge number and it is well before then.

For me it's a bit mixed. I don't want to see it going that low, but on the other hand, I wouldn't mind buying up coins that cheap months before the block halving 

[Denker]

I dont want bitcoin price $100/BTC, seriously 

You're not the only one who doesn't want it to drop to $100 I doubt none of us here do. I have my get out of dodge number and it is well before then.

For me it's a bit mixed. I don't want to see it going that low, but on the other hand, I wouldn't mind buying up coins that cheap months before the block halving 

I don't need these cheap price to accumulate as well.Although you can be sure for $100 I would definitely buy a few more coins immediately. But I hardly doubt that we will see aver again such a low price. So I will continue accumulating the way I'm doing now.
Every Bit counts and maybe in 10,15 or 20 years we will be able to buy a pizza for 10.000 satoshis ($20).

[Q7]

I dont want bitcoin price $100/BTC, seriously 

You're not the only one who doesn't want it to drop to $100 I doubt none of us here do. I have my get out of dodge number and it is well before then.

For me it's a bit mixed. I don't want to see it going that low, but on the other hand, I wouldn't mind buying up coins that cheap months before the block halving 

I don't need these cheap price to accumulate as well.Although you can be sure for $100 I would definitely buy a few more coins immediately. But I hardly doubt that we will see aver again such a low price. So I will continue accumulating the way I'm doing now.
Every Bit counts and maybe in 10,15 or 20 years we will be able to buy a pizza for 10.000 satoshis ($20).

I think everybody is just waiting for the right time but I believe if we just sit there by just doing nothing but waiting, probably we might even miss the boat. Just a thought if let's say the price will just steadily go up and further up as time goes by. And when we look back, we will regret that we didn't buy it earlier which is the price that we are seeing right now.

[smith coins]

Greedy. Waiting for a price of $100.
Even when the price hit $100, they again will wait for $50 price. Greedy is unlimited and unmanageable. You never can buy at a lowest price but you can buy at AVG lower price. Same thing for selling price.

I think that if bitcoin price will reach 100 USD then it should be for few moments.
And again the price will be back to the top, but if it really reaches $100 for a long time.
It's true that we will wait for it to be decreased much more .

[Aemon]

Greedy. Waiting for a price of $100.
Even when the price hit $100, they again will wait for $50 price. Greedy is unlimited and unmanageable. You never can buy at a lowest price but you can buy at AVG lower price. Same thing for selling price.

I think that if bitcoin price will reach 100 USD then it should be for few moments.
And again the price will be back to the top, but if it really reaches $100 for a long time.
It's true that we will wait for it to be decreased much more .

If the price hits 100, we still have no idea what will happen in the future.  We are just hoping that the price keeps going up and someday we will all be able to retire!

[prodigy8]

Lots of bitcoiners says they will buy a lot of bitcoin if the price fall into $100 but the reality is when the price become $100 they won't because they are thinking if it's still worth it to invest in bitcoin.

I have a feeling that the bitcoin price will be increased to much in the half of the next year.

The price probably will not decrease as the block reward will be decreased to 12.5BTC per block.

Yeah that's will coming soon, we all are waiting halving coming and want to see price increase after halving

The bitcoin price normally should be increased but everything can happen.
When the last halving was at 2012 there was no difference before and after it.
Maybe the same will happen again in the next year but i think that it will be increased.

[Xenoph0bia]

I think practically its impossible that bitcoin will down to a such price, there are many big players who are holding a fortune in bitcoin, early adopters will save us if the price fall too much, they are not only dumpers but buyers also, they are the big portion of the demand. Now put all the merchants that are using bitcoin and which are experiencing a good gain with bitcoin and you have the perfect space for a business that will not die so easily.

[jt byte]

I don't think that the time of 100$ per single btc will come again.
Maybe we can wait but when it happens it should crash a lot.
And the price could go more lower than 100$, but for now we are ok.