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Author Topic: Let's Be Honest. We Are Waiting for $100/BTC to buy  (Read 198964 times)
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December 25, 2015, 08:18:50 PM
 #581

I would like to see a price of $100. I have recently come to Bitcoin and the current price is much to high for me to buy some. But I think we will never see $100 again.
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December 26, 2015, 05:45:53 AM
 #582

This is dreaming statement. This was dreaming back then and it most definitely dream right now.
Never will we see it at $100, most are saying it won't reach $300 until they buy.
If it ever reaches $100 then I think it is dying or some country got engulfed in war, some kind of really bad news will make it drop that low. And at that time, I don't think people will be interested in putting their money into it anymore.

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December 26, 2015, 08:24:37 AM
 #583

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'm not waiting to buy bitcoin when the price is US$ 100 because it is imposible will happen at least until the end of next year, what i do is waiting to have money to buy bitcoin the the price is reach US$ 300 or 330, when it happen i will do buying.
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December 26, 2015, 12:27:03 PM
 #584

But they would still have to spend dollars (or some other local currency), right? Thereby, their Bitcoin earnings and savings are irrelevant to this. I see no logic in your reasoning, since they would have to do the things that are opposite to what they are doing now...

That is, buy bitcoins for fiat instead of selling them

how they are irrelevant when they earn 8 times what they consume, i think you're being dense on purpose, they just convert 1/8 of their earning in dollars for the bills that's it

Because their profits (let's assume that you are right about that) are in bitcoins, not in dollars. They mine bitcoins, not dollars. Given that, they can only "manipulate" the price by selling the remaining 7/8 part of their earnings (i.e. the remaining bitcoins), which would drive the price down. To drive the price up, they would need to buy bitcoins with dollars...

Who is really dense here? Are you a female, wtf?

lol wtf are you saying, they can simply sell slowly, to avoid dumping too much and crashing the market, they also do not need at all to sell 7 out of 8, just a portion of it, at the peak, then when the price fall(not because of them but because they instigate a panic selling) they buy again more than before

At first you were talking about "them" being able "to afford to buy some" bitcoins (as I got your point). Now you are talking quite the opposite, i.e. about selling bitcoins at the peak and causing panic sell. This doesn't quite look like "simple miners supporting Bitcoin", by any means...

This is sheer profiteering, by whatever name, and it usually crashes the markets, not supports them, lol

i think you're missing the "manipulator" term here

I think you are just trying to get away by changing your argument to its opposite

You are right, we should not just simply sell when it reaches its peak and wait for the stability, as when people start dumping with big whales, the value of Bitcoins get even more dumped because it is what these whales want, they just ruin the reputation of BTC by doing pumps and dumps...

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December 26, 2015, 03:50:40 PM
 #585

But they would still have to spend dollars (or some other local currency), right? Thereby, their Bitcoin earnings and savings are irrelevant to this. I see no logic in your reasoning, since they would have to do the things that are opposite to what they are doing now...

That is, buy bitcoins for fiat instead of selling them

how they are irrelevant when they earn 8 times what they consume, i think you're being dense on purpose, they just convert 1/8 of their earning in dollars for the bills that's it

Because their profits (let's assume that you are right about that) are in bitcoins, not in dollars. They mine bitcoins, not dollars. Given that, they can only "manipulate" the price by selling the remaining 7/8 part of their earnings (i.e. the remaining bitcoins), which would drive the price down. To drive the price up, they would need to buy bitcoins with dollars...

Who is really dense here? Are you a female, wtf?

lol wtf are you saying, they can simply sell slowly, to avoid dumping too much and crashing the market, they also do not need at all to sell 7 out of 8, just a portion of it, at the peak, then when the price fall(not because of them but because they instigate a panic selling) they buy again more than before

At first you were talking about "them" being able "to afford to buy some" bitcoins (as I got your point). Now you are talking quite the opposite, i.e. about selling bitcoins at the peak and causing panic sell. This doesn't quite look like "simple miners supporting Bitcoin", by any means...

This is sheer profiteering, by whatever name, and it usually crashes the markets, not supports them, lol

i think you're missing the "manipulator" term here

I think you are just trying to get away by changing your argument to its opposite

they need to instigate a crash to buy more and support their manipulation, so they can also support the market, and not permitting it to fall to much

they can't simply buy with other money as you said, they need to do it with the bitcoin they earn from mining, and this is the only way since those money are bitcoin in the origin, so there is the need to dump at first
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December 26, 2015, 04:07:18 PM
Last edit: December 26, 2015, 04:21:05 PM by deisik
 #586

At first you were talking about "them" being able "to afford to buy some" bitcoins (as I got your point). Now you are talking quite the opposite, i.e. about selling bitcoins at the peak and causing panic sell. This doesn't quite look like "simple miners supporting Bitcoin", by any means...

This is sheer profiteering, by whatever name, and it usually crashes the markets, not supports them, lol

i think you're missing the "manipulator" term here

I think you are just trying to get away by changing your argument to its opposite

they need to instigate a crash to buy more and support their manipulation, so they can also support the market, and not permitting it to fall to much

So crashing the market is the way to support it, wow. What is the next thing you are going to say, that failure is success and war is definitely peace? If you just accepted being wrong at the start (when you essentially claimed that miners could support Bitcoin by buying a few bitcoins with the bitcoins they mine), you wouldn't be making a fool of yourself now. A failed market would require a lot more money than you could earn by crashing it to get back from where it crashed (let alone breaking above that)...

Since you would have to buy back not only what you sold but also what other people had been panic-selling

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December 26, 2015, 04:45:42 PM
 #587

Way back then it was a joke to post this, and now it proves true. At this point if it crashed that low it would cause serious issues that I probably wouldn't want any bitcoins

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December 26, 2015, 05:56:14 PM
 #588

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?
no, I do not have enough money to buy bitcoin, instead I waited bitcoin back to the normal price of about $500, because I will sell bitcoin Grin

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December 26, 2015, 06:01:14 PM
 #589

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?
no, I do not have enough money to buy bitcoin, instead I waited bitcoin back to the normal price of about $500, because I will sell bitcoin Grin

Sell at 500$ buy at 100$ = profit Wink

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December 26, 2015, 06:02:30 PM
 #590

Way back then it was a joke to post this, and now it proves true. At this point if it crashed that low it would cause serious issues that I probably wouldn't want any bitcoins

I don't see how dropping to $100 would cause serious issues especially if large investors who poured millions on it to build infrastructures around bitcoin are still on the boat. If there would be some anomalies or loopholes in the code, then I could see it failing miserably.

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December 26, 2015, 06:07:34 PM
 #591

At first you were talking about "them" being able "to afford to buy some" bitcoins (as I got your point). Now you are talking quite the opposite, i.e. about selling bitcoins at the peak and causing panic sell. This doesn't quite look like "simple miners supporting Bitcoin", by any means...

This is sheer profiteering, by whatever name, and it usually crashes the markets, not supports them, lol

i think you're missing the "manipulator" term here

I think you are just trying to get away by changing your argument to its opposite

they need to instigate a crash to buy more and support their manipulation, so they can also support the market, and not permitting it to fall to much

So crashing the market is the way to support it, wow. What is the next thing you are going to say, that failure is success and war is definitely peace? If you just accepted being wrong at the start (when you essentially claimed that miners could support Bitcoin by buying a few bitcoins with the bitcoins they mine), you wouldn't be making a fool of yourself now. A failed market would require a lot more money than you could earn by crashing it to get back from where it crashed (let alone breaking above that)...

Since you would have to buy back not only what you sold but also what other people had been panic-selling

this is how always manipulation worked, are you discovering this now? cause panic selling ---> to accumulate---> panic buying to dump at higher price---> repeat

at every new cycle, the price as increase on average, and it's what they are exactly doing now with bitcoin...

this is supporting the market...
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December 26, 2015, 06:26:39 PM
 #592

$100 isnt going to happen anymore. If it got anywhere near that the orders would be filled instantly because everyone will be trying to get hold of cheap coins. Id probably go all in at $100.
yeah right when prices began to fall of course everyone will respond that this is an exciting opportunity for profit
when prices fall everyone will instantly buy bitcoin, then bitcoin price certainly will rise again

When price falls people also say that bitcoins will not survive as there are more negative people around us and they will be busy in spreading negative publicity of bitcoins and the people who have faith in bitcoins would surely invest their money in bitcoins if the prices falls down, but looking at the present value of bitcoins, it is really impossible that btc would fall down to $100 and if it does, then it would really take time to grow again.
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December 26, 2015, 06:52:31 PM
 #593

So crashing the market is the way to support it, wow. What is the next thing you are going to say, that failure is success and war is definitely peace? If you just accepted being wrong at the start (when you essentially claimed that miners could support Bitcoin by buying a few bitcoins with the bitcoins they mine), you wouldn't be making a fool of yourself now. A failed market would require a lot more money than you could earn by crashing it to get back from where it crashed (let alone breaking above that)...

Since you would have to buy back not only what you sold but also what other people had been panic-selling

this is how always manipulation worked, are you discovering this now? cause panic selling ---> to accumulate---> panic buying to dump at higher price---> repeat

at every new cycle, the price as increase on average, and it's what they are exactly doing now with bitcoin...

this is supporting the market...

This has nothing to do with supporting the market, lol, since, as I said, you would need by far more money to drive the price up after it crashed. Much more than you could earn by crashing the market. If you actually wanted to support the market, you would just buy more from where the price is and get by far better results (as if you could get any from crashing the price)...

I'm curious why you are continuing with this bullshit. Your point has no ground

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December 26, 2015, 07:38:21 PM
 #594

So crashing the market is the way to support it, wow. What is the next thing you are going to say, that failure is success and war is definitely peace? If you just accepted being wrong at the start (when you essentially claimed that miners could support Bitcoin by buying a few bitcoins with the bitcoins they mine), you wouldn't be making a fool of yourself now. A failed market would require a lot more money than you could earn by crashing it to get back from where it crashed (let alone breaking above that)...

Since you would have to buy back not only what you sold but also what other people had been panic-selling

this is how always manipulation worked, are you discovering this now? cause panic selling ---> to accumulate---> panic buying to dump at higher price---> repeat

at every new cycle, the price as increase on average, and it's what they are exactly doing now with bitcoin...

this is supporting the market...

This has nothing to do with supporting the market, lol, since, as I said, you would need by far more money to drive the price up after it crashed. Much more than you could earn by crashing the market. If you actually wanted to support the market, you would just buy more from where the price is and get by far better results (as if you could get any from crashing the price)...

I'm curious why you are continuing with this bullshit. Your point has no ground

no you're not understanding and it's strange, since it was very clear..., they begin with bitoin(they mined them) they do not have fiat(you even said so, now it seems you forget it...), they must dump first, this will cause panic selling, then they buy a greater amount than before

remember that they have 100k+ bitcoin, so money for them is not a problem they can manipualte any exchange with that amount

also they do not need  to pump more money, it's all about instigating a panic buy or panic sell, with an average increase that is very slim at each step
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December 26, 2015, 08:01:13 PM
 #595

100 would be the perfect price to buy bitcoin. But it will not go there...ever
For me the lowest the price can go is ~200 USD.

But I feeling confident to buy more coins at 300 USD, since i believe in the future of bitcoin.
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December 26, 2015, 08:20:44 PM
 #596

So crashing the market is the way to support it, wow. What is the next thing you are going to say, that failure is success and war is definitely peace? If you just accepted being wrong at the start (when you essentially claimed that miners could support Bitcoin by buying a few bitcoins with the bitcoins they mine), you wouldn't be making a fool of yourself now. A failed market would require a lot more money than you could earn by crashing it to get back from where it crashed (let alone breaking above that)...

Since you would have to buy back not only what you sold but also what other people had been panic-selling

this is how always manipulation worked, are you discovering this now? cause panic selling ---> to accumulate---> panic buying to dump at higher price---> repeat

at every new cycle, the price as increase on average, and it's what they are exactly doing now with bitcoin...

this is supporting the market...

This has nothing to do with supporting the market, lol, since, as I said, you would need by far more money to drive the price up after it crashed. Much more than you could earn by crashing the market. If you actually wanted to support the market, you would just buy more from where the price is and get by far better results (as if you could get any from crashing the price)...

I'm curious why you are continuing with this bullshit. Your point has no ground

no you're not understanding and it's strange, since it was very clear..., they begin with bitoin(they mined them) they do not have fiat(you even said so, now it seems you forget it...), they must dump first, this will cause panic selling, then they buy a greater amount than before

remember that they have 100k+ bitcoin, so money for them is not a problem they can manipualte any exchange with that amount

Now I'm curious if you really believe in what you say. If you do, then so be it, lol. Bitcoin is not money in this scheme, it is an asset which is either bought or sold...

Just making it clear, wtf

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December 26, 2015, 08:52:12 PM
 #597

I am pretty sure if bitcoin reaches $100 then there would be more short sellers than buyers because at the first place it is really difficult for the investors to develop interest and trust in bitcoin and then falling from $400 to $100 again would certainly not be helpful for the bitcoin itself.
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December 26, 2015, 09:07:27 PM
 #598

I am pretty sure if bitcoin reaches $100 then there would be more short sellers than buyers because at the first place it is really difficult for the investors to develop interest and trust in bitcoin and then falling from $400 to $100 again would certainly not be helpful for the bitcoin itself.

There would be the die hard hodls but the majority of people would be selling and cutting their losses maybe to leave bitcoin. So i think you are right. I would like to think i would have sold long before $100 and be in profit ready to throw a few dollars at it but not much and i am not waiting for $100 to buy much that is for sure.


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LetItRideINNOVATIVE ▬▬▬
DICE GAME
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PROVABLY
F A I R
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BUY  BACK
PLANS
[BTC]
Odien
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December 26, 2015, 10:31:37 PM
 #599

No, if bitcoin dropped below 100$ then people will lose their faith in crypto and it wont recovered, if you guys want lower price to invest in btc then don't miss the chance, its good price to invest or later you will miss this price and make thread like "we are waiting for $400/btc to buy"
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December 27, 2015, 02:31:46 AM
 #600

$100 means we're in major trouble I think. Anyone wishing for it will soon change their mind if it arrived.
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