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

[romero121]

We had low prices last week, i don't expect more "discounts" on bitcoin prices. Now prices are higher than 400 $ level, and every week one week less for the halving, i expect that bitcoin will be increasing its price.

Every day there is variation in price, which is getting increased. If someone have a plan to buy at 100$ just drop it, its not going to happen again.

[Falconer]

Every day there is variation in price, which is getting increased. If someone have a plan to buy at 100$ just drop it, its not going to happen again.

The volatility happens because someone keep on selling despite that there are alot of buy walls thats why the price keep on increasing instead of decreasing however the same thing could happen to btc if there are alot more sell wall than buy wall therefore the price of bitcoin could be pushed down to $100 in theory

[craked5]

It should never hit 100$ again, since there is so much money invested in it as it is. It is the gold standard for the speculative cryptocurrency.

you're right, it probably will never happen, I would argue that even the lowest standards bitcoin today is $ 350, and currently riding for $ 450 and will further increase

It could perfectly go this down if any miner dump his stock for example, or if a big holder like satoshi dumps everything.

But no need to worry about it as it's totally unpredictable.

if any ordinary miner dumps his stock then the price cannot go this much down as he don't have enough bitcoins to crash the bitcoin price.
But if a big mining company or any other enterprise dump their bitcoin then the scenario will be different.

Yeah so price could always crash like hell, we can't know.

But that seems rather unlikely as it wouldn't profit anyone!

[bearex]

I guess the title is old now. All i can say is i think time to buy is now, before the halving.

[Denker]

I guess the title is old now. All i can say is i think time to buy is now, before the halving.

Well if a contentious hardfork should happen a price of $100 or lower is something I could definitely imagine to become reality.
Let's hope we can avoid these kind of scenarios.

[freakying99]

I guess the title is old now. All i can say is i think time to buy is now, before the halving.

Well if a contentious hardfork should happen a price of $100 or lower is something I could definitely imagine to become reality.
Let's hope we can avoid these kind of scenarios.

If it is an altcoin then it has no connection to this thread or bitcoin cause i don't think the majority miners will be switching to it,could be wrong but ma speculation.

All i can say is i think time to buy is now, before the halving.

People are waiting for 10k $ per bitcoin overnight but that is not going to happen ever

[romero121]

Every day there is variation in price, which is getting increased. If someone have a plan to buy at 100$ just drop it, its not going to happen again.

The volatility happens because someone keep on selling despite that there are alot of buy walls thats why the price keep on increasing instead of decreasing however the same thing could happen to btc if there are alot more sell wall than buy wall therefore the price of bitcoin could be pushed down to $100 in theory

Well said it can occur anytime theoretically, but practically impossible because as you have quoted there its possible to find more buy wall than sell wall. Over the coming days this situation continues which give growth and not fall.

[ajun96]

If bitcoin will get so low I think there will be other problems to look out for.

Of course it also will make people stop to using bitcoin, because they think that bitcoin is no longer an investment potential, and perhaps they will switch to other investments. I hope the price of bitcoin, did not return to $ 100

[uname]

I guess the title is old now. All i can say is i think time to buy is now, before the halving.

yeah instead we are waiting for the price of $ 100. that would not have come, it is better to buy now before halving occurs

[jayce]

Of course it also will make people stop to using bitcoin, because they think that bitcoin is no longer an investment potential, and perhaps they will switch to other investments. I hope the price of bitcoin, did not return to $ 100

People care too much about the price, bitcoin is not really an investment because it is a currency and not just investment. The technology will still live even if the price goes down to only a few cents. You can always use bitcoin to send money to the other country with cheaper fee instead of traditional fiat banking

[Cyaren]

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?

You're right. When BTC is at around the $100 mark it's extremely undervalued. It's a great opportunity to buy in, of course

[buddycool]

I think its not possible for btc to go down to 100$... And if it does, people may not buy btc as it may be in loss, as it has fallen from 400$+ to 100$...

[srinikethan]

i am honest....i am waiting for that to happen,that wold be the day when even por people can earn a quite a lot of money and grow big,hope that will happen soon...

[blackmachinegun]

I think its not possible for btc to go down to 100$... And if it does, people may not buy btc as it may be in loss, as it has fallen from 400$+ to 100$...

I hope it will not happen. but if it happens. nope. even certainly a lot of people who would buy a bitcoin, they think this is a great opportunity to earn a profit. and bitcoin prices will go up, this is just conjecture

[gregyoung14]

Haha! Who isn't! Thus eveyone's struggle whether or not to save or sell your BTCs.

[Lutzow]

Of course it also will make people stop to using bitcoin, because they think that bitcoin is no longer an investment potential, and perhaps they will switch to other investments. I hope the price of bitcoin, did not return to $ 100

People care too much about the price, bitcoin is not really an investment because it is a currency and not just investment. The technology will still live even if the price goes down to only a few cents. You can always use bitcoin to send money to the other country with cheaper fee instead of traditional fiat banking

Just like any currencies, you woudn't want to invest in your own currency. I'm waiting for it to get to $100 so I can buy more with what I have but I guess it won't happen in a short while so I'll just put it to rest. I'll buy it at $100 because I know that many will do so as well bringing the price back up again but if it went down at such price might as well sell it right away after it jumped up because it will go back to such price range whether we like it or not.

[onlinedragon]

Come on that price will never happen again. Bitcoin is too popular to see ever such price again.

[BeGoods]

I hope it will not happen again. many people who do not want that to happen. Including me
who wants bitcoin down to $ 100. maybe just you. who wants to make a profit, and do not think about the consequences

[adicted]

Of course! Who wouldn't want it to happen ?, especially those traders. But I think that scenario will never happen because bitcoin is now growing and now going mainstream. Its unstoppable at the moment and we will not see $100 each USD sooner or later unless all major bitcoin exchanges will scam at the same time I doubt it though

[Blind Legs Parker]

Man I don't even know if I would dump or buy if the price falls back to $100. I all depends on the situation, I guess.
I don't think it can happen, anyway. If a huge holder ($100.000 and above) drops everything at the same time the price will drop, of course, but everyone with orders already planned on the exchanges will buy without even having time to notice that the price was dropping, thus preventing the price from going too low and we'd be back at normal levels in no time. That would be a great occasion to get in as quickly as possible to get a share.

What would be much scarier is a slow decrease in price because of the world's economic situation. That could be extremely painful because there could even be no telling if the situation could get better in the future or if it was just bound to worsen with every passing day. In that case I guess it will all depend on my understanding of the world's economy at that moment...

One thing is certain, though: $100 is no longer a natural price for bitcoin. If we get back to such a price it will either be very bad news or very good news... but unexpected news as far as we know now, that's for sure.
In March 2015 (the time of OP) the situation was rather different, though: bitcoin's price was around $200 and $100 was thus not so far. I guess I would have bought more easily if the situation would have happened. Or maybe not. But yeah anyway, I wasn't there, back then.