Bitcoin will be less than 100$ by the end of the year

[imthefuckingbossinehre]

Am i right or wrong??

[1714638606]

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[Amph]

this should be posted in speculation

my mind says no, anyway, the fact that we are so near sub 200, it does not mean that it will not hold

the more it will stay around 200 the more hard it will be to dump under it

[LiteCoinGuy]

or under 10$ ? or above 1000 $ ?

[gadman2]

Sure thing, boss.

[Fernandez]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

Am i right or wrong??

Move this to speculation.

[tokeweed]

Sure thing, boss.

Hahahaha.  I was about to post the same.

[8up]

Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.

[Amph]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

[rjclarke2000]

It it goes to sub $100 I will buy as much as I can.

I am willing to take the risk.

[randy8777]

you can't be more wrong. it's not going to happen. buy support is just too strong below $200 so don't keep waiting for something that's not going to happen.

[thejaytiesto]

That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

[tokeweed]

That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  

[1Referee]

Nope. By the end of the year we're very close to the block halving. It wouldn't make sense to see it going down that much.

By the end of the year we'll be at least over $300. Buy in while you still can at current price. Better safe than sorry 

[axaainsu]

No ,youre wrong. Current electric cost is about $150-180. If you will be right at the end of year, we will close this forum too 

[Bitcoiner2015]

Am i right or wrong??

You are wrong, good thread by the way!

[manselr]

That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  

Will you have a lot of kleenex? because im assuming after all of this FUDing it just means you've sold already, and aren't buying back.

[tokeweed]

That would be even better news than a cheap 200 BTC Bitcoin. Just don't kill yourselves once it goes back up and you didn't took advantage of the moronic perception of Bitcoin today.

Pffft.  Don't be butthurt.  And don't worry, we'll also be with you when the bull run starts.  

Will you have a lot of kleenex? because im assuming after all of this FUDing it just means you've sold already, and aren't buying back.

Not fudding, BTC is in a downtrend.  

And are you kidding?  And miss all the fun when the bull run starts?  Don't worry, we'll be back.  For now, I'll be holding Ripple Snapswap.USD, Bitstamp.USD, a little Bit.USD and some NBT.  And I'm saving up some fiat from real life to add in my warchest.

Edit:  Although I'm holding a little bit of BTC for altcoin trading, I sold most of them in order to buy lower.

[pitham1]

Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run. 

[arbitrage001]

Will buy some for long term investment at $100.

[311]

Am i right or wrong??

  If you're going to make such claims at least post your reasoning. Why do you feel bitcoin is going to achieve this figure?

Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run. 

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

[thedogeking]

I think so too. Not much changing + all the coins being mined I feel price will steadily decline.

[inca]

Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.

How many chartists predicted the last three bull markets?

[8up]

Nothing to see here. THIS is almost a certainty. All major chartanalysts are preparing us for sub $100 prices.

How many chartists predicted the last three bull markets?

^^This was not serious. In my opinion, we are stabilizing @200 level.

All good analysts think we are heading much lower. They have a big followership. Hence most people apreciating lower prices already have positioned themselves accordingly at the sidelines. Who is going to sell, if not a whale from here? Therfore at best I can imagine a flash crash on will with included fast recovery. Afterwards we might see a long lasting lateral movement.

Edit: In hindsight we could realize, that as we are speaking are already in the midst (for 3 month+) of a bullmarket! Window of opprotzunity is closing soon wth the triangle. I am happy with every move.

* Down is good for all the Mt. Gox bitcoin holders (me included) as the relative return in bitcoin is higher, the lower the price.
* Stabilizing is good for long-time faith in the tech, prohibiting excesses in mining and merchant/consumer adoption.
* Up is good because it draws in a lot of new people and helps spreading the bitcion knowledge.

[ensurance982]

...
* Down is good for all the Mt. Gox bitcoin holders (me included) as the relative return in bitcoin is higher, the lower the price.
...

Well, if the conversion-rate of BTC/JPY indeed is fixed, it doesn't make much of a difference how the price performs. The ratio of how the remaining assets (FIAT holdings, BTC, assets, etc.) are being distributed among the creditors. Do we actually know for sure which method of determining the different creditors' stakes will be used or is this just mere conjecture!?

[futureofbitcoin]

Am i right or wrong??

you're the boss, you tell us

[Fernandez]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

[srgkrgkj]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

agreed bitcoin is at a pivotal moment at the moment things have the chance of going pair shaped lol

[Amph]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

this is what i means with consolidated, the more coins are dumped at 200, the more it will be rock solid, until a point where no one(besides miners, but their dump isn't so huge in my view, also the halving is coming to make them less harmful) will dump under that value(200 in this case),

[randy8777]

if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.

[minerpumpkin]

if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.

Well, at some point the price will have gone so low that the underlying economy may take a hit that is too big to maybe ever recover from it. At some point too many people will have lost hope and abandon Bitcoin for good. We're not at this point yet, but if it goes into the double digits, things might get pretty dangerous rather quickly! Let's hope that it doesn't ever comes that far!

[neordicICE]

Now it wont, that's just crazy talk. Bitcoin wont go lower then $160 because I say so!  I do think bitcoin will fall below $100 really.. maybe even to $50 

[galbros]

I can't help but think that increasing adoption will prevent the price from dropping to 100 USD.  However, adoption has been increasing as we've dropped from 1000+ to the 220 we are at today.  Basically no way to know, but unless something fundamentally wrong is found with the protocol, I think bitcoin is here to stay.

Good Luck!

[afbitcoins]

Yet another post claiming what the price will be with ZERO evidence to support it.

WHY ?

The price will be less than $100 by the end of the year

WHY ?


If you have no fucking reasons then stop wasting my time.

[Icardi09]

I don't think it will happen, maybe for this year
bitcoin have strong support at mid $100-ish
although big (bad) event can affect bitcoin price, for example ISIS use bitcoin to purchase weapon system

[mrhelpful]

Whatever floats your boat, but dont sink mine.

The rebound happens when its least expected in short spans, and the bigger ones are the one most people think they get it right based on PR news with btc with the whole ETF possibility.

I see everything based on risk management and each person has their own levels of risk, I invest not based on price.

I invest on the possibility of others adapting this technology which has significant value along with comparing the gold standard.

[BillyBobZorton]

the more it will stay around 200 the more hard it will be to dump under it

Exactly the opposite. The more it stays around here means it is failing to get up. Going down becomes a likelier option with each passing day.

i don't think so, because the more it stay there, the more it means that many bought at that value, so the price is consolidated , thus preventing the price to be dumped under that amount

Its not consolidated as there are new coins coming in everyday. In case of Bitcoins, either there is an upward thrust, or it is going to get down soon.

And 99% of all those new coins coming up daily are basically means of scammers to get BTC off the unaware holders. Everyone wants to get BTC secretly or not.

[RodeoX]

The price could also be over 500$ by the end of the year, there is no true way of knowing what will happen..

I think it's weird how many people don't understand that. Speculation is guessing, that's all, guessing. Perhaps it's comforting to think that some guru somewhere can predict the future?

[techgeek]

The price could also be over 500$ by the end of the year, there is no true way of knowing what will happen..

I dont know, it been on a downward trend, and keeps to seem going down in the overall view.

But yeah, price spikes can happen at any given moment which I will never know why. Half the time I`m thinking its a whale who just recently got extra money to blow and decided to buy like 5000 btc.

[ensurance982]

Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run. 

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

"Around the corner" is still 1 1/4 years down the road, though. Although it is a good thing that it's not even longer until then, we need to cut down the supply of new coins ASAP, especially regarding the current prices and trends!

[randy8777]

if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.

Well, at some point the price will have gone so low that the underlying economy may take a hit that is too big to maybe ever recover from it. At some point too many people will have lost hope and abandon Bitcoin for good. We're not at this point yet, but if it goes into the double digits, things might get pretty dangerous rather quickly! Let's hope that it doesn't ever comes that far!

from this point the price will surely go up. it still might dip below $200 but with the halving in sight bitcoin looks very solid as investment. what happens after that comes later.

[godlyitems]

Nah, it depend the news and the gossip about bitcoin. If it gonna bad news/gossip maybe bitcoin gonna go down will be less than $100. But i think it's not gonna be happen and it will stable maybe around $200. But it can also decrease depend the gossip and news that i talk about.

[Amph]

Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run. 

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

"Around the corner" is still 1 1/4 years down the road, though. Although it is a good thing that it's not even longer until then, we need to cut down the supply of new coins ASAP, especially regarding the current prices and trends!

this 1 year that separe us from the halving is a good test to see if bitcoin will increase all by itself, or if we need the halving every time, to have a good increase, and without seeing bitcoin with one foot in the grave...

[levi1987]

meh probably not  the price has been pretty stable for several months

guess it will be closer to A$1500

[ensurance982]

Nah, it depend the news and the gossip about bitcoin. If it gonna bad news/gossip maybe bitcoin gonna go down will be less than $100. But i think it's not gonna be happen and it will stable maybe around $200. But it can also decrease depend the gossip and news that i talk about.

News don't affect the price (anymore) that much. Although I believe the last few days may have actually been a rare occasion in which news did actually fuel the price and help it changing the direction.

[ensurance982]

Am i right or wrong??

With the halving of the block reward around the corner, I would expect a huge bull run. 

We can hope. Hopefully the halving should push the price up especially with the amount of adoption we should have by then.

"Around the corner" is still 1 1/4 years down the road, though. Although it is a good thing that it's not even longer until then, we need to cut down the supply of new coins ASAP, especially regarding the current prices and trends!

this 1 year that separe us from the halving is a good test to see if bitcoin will increase all by itself, or if we need the halving every time, to have a good increase, and without seeing bitcoin with one foot in the grave...

Keep in mind, that the halving is being priced in gradually, the more we approach it. I'm sure - to a certain extent - it's already priced in even today, without us even realizing it. The more we approach it, the more the price will be pushed upwards.

[neordicICE]

if it ever reaches $100 again then every coin in existence will get bought. people are not stupid for missing out on that chance. whales will get even bigger.

Well, at some point the price will have gone so low that the underlying economy may take a hit that is too big to maybe ever recover from it. At some point too many people will have lost hope and abandon Bitcoin for good. We're not at this point yet, but if it goes into the double digits, things might get pretty dangerous rather quickly! Let's hope that it doesn't ever comes that far!

from this point the price will surely go up. it still might dip below $200 but with the halving in sight bitcoin looks very solid as investment. what happens after that comes later.

oh yea it will dip below 200 soon. bitcoin is still bleading

[Anirban Sarkar]

No i don't think it will happen !!!

[Dilla]

You're smoking heavy doobies if you think it's going below $100 now.

[scryptasicminer]

Am i right or wrong??

Most likely wrong given the price right now.

[Amph]

You're smoking heavy doobies if you think it's going below $100 now.

he said by the end of the year, which isn't "now", there is chances(while they are slim, they are there) that it may fall to 100 or lower, it could also be for just 1 day only, but the posssibility is concrete

but a permanent decline to 100 is out of question

[Q7]

For it to drop until that low will need some considerable selling pressure to force it down. Unless there is some oversupply going on, I don't see it happening anytime soon. Another reason I would say is that, most people think that 100 is a fair price to pay for a bitcoin, so even if it did fall to 100, it definitely won't remain there for long as people would immediately buy whatever amount they can at that bargain price.

[scryptasicminer]

For it to drop until that low will need some considerable selling pressure to force it down. Unless there is some oversupply going on, I don't see it happening anytime soon. Another reason I would say is that, most people think that 100 is a fair price to pay for a bitcoin, so even if it did fall to 100, it definitely won't remain there for long as people would immediately buy whatever amount they can at that bargain price.

From experience, it doesn't take much to cause cascading margin call on multiple exchanges at the same time. And these events do cause a big dent on btc price today.

[kenscho]

i think in the end of the year we have 280-300 usd per btc.
since the last weeks the btc goes up

[rower2000]

Am i right or wrong??

Yes 

[larsson]

i've seen lots of those posts where people think it will go back to $100 or $200.. but it hasn't even come close yet. after all these mini crashes and mini rebounds, it seems to me that BTC is becoming more resistant.

[oblivi]

Im a proposer of the 2 figure vision before we see ATH ever again, and I welcome this theory with open hands for I am in severe need of cheap BTCs.

[lay785]

if it does then just buy even if you arent interested in bitcoin longterm and sell when it goes back up to 200-300. easiest way to double/triple your money.

[neordicICE]

Less then $80 it will be because I have my buy set ther.

[minerpumpkin]

Im a proposer of the 2 figure vision before we see ATH ever again, and I welcome this theory with open hands for I am in severe need of cheap BTCs.

If we do enter double digits again, we could come very close to a point where we begin hurting the Bitcoin ecosystem. Even now many services are closing shop and just seize existing directly or indirectly caused by the low price. We really don't want to go much lower at this point. We've got a nice potential trend-reversal going at the moment, let's try to hold on to that for a while sill!

[1Referee]

Less then $80 it will be because I have my buy set ther.

Do you happen to think before placing comments? It doesn't make sense at all. And I seriously doubt you have placed a buy order there.