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

[TTMNewsMJ]

It's just like that we are wasting our time.
We know that it is impossible.

[Betwrong]

Really i don't see any advantage buying physical bitcoin designs that are made by some persons.

The 100 trillion dollar Zimbabwean note was worth around 25c when it was an actual currency. Now it's obsolete they go for $10-20 all day long on Ebay.

I love those notes!   Going to buy one for my collection. Didn't know they cost so much now though. $10-20 for a note? I think I can buy like for $3-5 where I live, at least the price was like that some time ago, but maybe it's too late now for that cheap price.

[bryant.coleman]

It is very difficult for Bitcoin to go down towards the $100 mark as the next block halving might make BTC's price increase.

Check this:

http://www.bitcoinblockhalf.com/

The next block halving is more than 9 months away. Also, the effects will be evident a few months after the actual date of block halving. And anything can happen before that. If BTC can come down from $1,200 per coin to $230 per coin, then $275 to $100 doesn't look like that impossible.

[jt byte]

The price is going to reach $280 again for a long time.
I am really not waiting to reach $100 because it could take to long.
When do you think it will reach this amount it is increasing now.

[Amph]

It is very difficult for Bitcoin to go down towards the $100 mark as the next block halving might make BTC's price increase.

Check this:

http://www.bitcoinblockhalf.com/

The next block halving is more than 9 months away. Also, the effects will be evident a few months after the actual date of block halving. And anything can happen before that. If BTC can come down from $1,200 per coin to $230 per coin, then $275 to $100 doesn't look like that impossible.

the effect could happen early though, so it can be 6 months or less, not that long of a wait for sure, we are very near to discover how much the halving will affect the market

and i would not comapre it to any other halving, nor to the last one nor to bitcoin halving, they were different, the first was without awareness and 50 to 25, the litecoin one was again 50 to 25

[Mickeyb]

It is very difficult for Bitcoin to go down towards the $100 mark as the next block halving might make BTC's price increase.

Check this:

http://www.bitcoinblockhalf.com/

The next block halving is more than 9 months away. Also, the effects will be evident a few months after the actual date of block halving. And anything can happen before that. If BTC can come down from $1,200 per coin to $230 per coin, then $275 to $100 doesn't look like that impossible.

Nobody knows when we will see the effects of the halving. This might be 1 month after the halving but it can also be 6 months before the halving. In the end, there might no be effects as all!

About reaching $100 mark, not so sure about this anymore ever again!

[bryant.coleman]

the effect could happen early though, so it can be 6 months or less, not that long of a wait for sure, we are very to discover how much the halving will affect the market

I am not very sure about it. When the last halving occurred in 2012, the Bitcoin price continued its downward journey for another 10 months, before the steep uptick occurred. If we go with the same logic, then we might be seeing the effects somewhere in 2017, rather than in 2016. It will take some time to remove the excess supply, which exists right now.

[Amph]

the effect could happen early though, so it can be 6 months or less, not that long of a wait for sure, we are very to discover how much the halving will affect the market

I am not very sure about it. When the last halving occurred in 2012, the Bitcoin price continued its downward journey for another 10 months, before the steep uptick occurred. If we go with the same logic, then we might be seeing the effects somewhere in 2017, rather than in 2016. It will take some time to remove the excess supply, which exists right now.

we can't go with the same pattern of 2012, because it was different back then, bitcoin was less notorious, and therefore the users base was very small, probably there were no "average joe investors" but only those that learnt about bitcoin earl

[randy8777]

the effect could happen early though, so it can be 6 months or less, not that long of a wait for sure, we are very to discover how much the halving will affect the market

I am not very sure about it. When the last halving occurred in 2012, the Bitcoin price continued its downward journey for another 10 months, before the steep uptick occurred. If we go with the same logic, then we might be seeing the effects somewhere in 2017, rather than in 2016. It will take some time to remove the excess supply, which exists right now.

we can't go with the same pattern of 2012, because it was different back then, bitcoin was less notorious, and therefore the users base was very small, probably there were no "average joe investors" but only those that learnt about bitcoin earl

the market cap back then was nothing compared to now. so it surely won't repeat as it is completely different. we'll have to wait to see what happens.

[StevenLiang]

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.

[happybitcoinph]

Is it possible in the future that bitcoin price will back to $100 mark? I just wondered what kind of scenario will happened that will strectched down the bitcoin price.

[Eastwind]

Is it possible in the future that bitcoin price will back to $100 mark? I just wondered what kind of scenario will happened that will strectched down the bitcoin price.

When a major flaw is found in the bitcoin network or bitcoin itself. That could be just a flash crash as bitcoin will be improved further.

[Pierre 2]

I'm waiting 180$ to buy. I think it's the new dip for Bitcoin and we'll never ever see less than that.

[Eastwind]

I'm waiting 180$ to buy. I think it's the new dip for Bitcoin and we'll never ever see less than that.

You will not see that normally, unless there is a flash crash, then your order might be filled. Just be patient.

[Pierre 2]

I'm waiting 180$ to buy. I think it's the new dip for Bitcoin and we'll never ever see less than that.

You will not see that normally, unless there is a flash crash, then your order might be filled. Just be patient.

Normally? When was the last time Bitcoin price move normally?
There are always pumps and dumps and there will be. Important thing is to catch the wave.

[jt byte]

Is it possible in the future that bitcoin price will back to $100 mark? I just wondered what kind of scenario will happened that will strectched down the bitcoin price.

If bitcoin falls so down like $100 then i except this:
The exchange rate of alt coins will be increased dramatically,
There would be a panic to sell or not to sell the bitcoins.

[cutesakura]

all depending on demand bitcoin in the trade market, if demand a lot while inventories slightly, then bitcoin prices will rise, the opposite if demand a little while supplies much, then bitcoin prices will go down, can all occur in the bitcoin market, we are just going through the ongoing market

[gentlemand]

If bitcoin falls so down like $100 then i except this:
The exchange rate of alt coins will be increased dramatically,

If Bitcoin falters, the effect in alts would be magnified. Confidence in the whole scene stems from the daddy. They're a sideshow, not a safe haven or alternative. Anyone who doesn't believe that will end up feeling sad.

[CoinSkipper]

Well, yeah.

But let's be honest. Bitcoin won't drop like that again, unless the whole BTC community crashes.

[Betwrong]

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?

 In my case you are wrong. Firstly, I don't have a huge amount of $$ to buy a a huge amount of BTC. Secondly, I don't think BTC will ever be below $200 mark again.