BTC To Under 100$

[bitbunnny]

Although Bitcoin price could go lower than it's now I don't believe it will fall all the way to 100$, such predictions are exaggerated. Although many wouldn't agree with me I think that even in some worst scenario this will happen I don't consider this to be such tragedy. We've seen that price before at the Bitcoin's begininig and I think even now at that price it would have their users and supporters. And how it can go lower, so it can go up too, just need to wait long enough.

[flemmings02]

It is possible logically, but what are the chances of it happening ? I think this is the most ridiculous bitcoin price speculation I've seen all year, and I don't believe bitcoin will fall under $100 simply because of this nonsense analysis.

[gabmen]

It is possible logically, but what are the chances of it happening ? I think this is the most ridiculous bitcoin price speculation I've seen all year, and I don't believe bitcoin will fall under $100 simply because of this nonsense analysis.

Lol. I doubt anyone thinks that way as well. Even at 2k i think whales would already make a move and if ever we go that low the bounce would be very swift. Most people don't really believe in extreme speculations anymore like the price dropping that low or booming to another ath in a year.

[romero121]

Bitcoin to be under $100 isn't gonna happen anymore, because the market has developed a standard value for bitcoin. The cyclic process might repeat, because we cannot predict things happening depending upon the underlying technology. The adoption of cryptocurrency and bitcoin keeps increasing, upon that we cannot expect the value go low to $100 anymore.

[Ararbermas]

That's impossible to happen mate since bitcoin still have strong support. Indeed that is the main reason why it's keep holding on the current resistance . And in my view even below 2k as well has no tends to happen in the future because BTC still so volatile in the market and keep showing small pump.  So definitely there's no way it will happen in the future unless ppl stop buying IMO.

[Naida_BR]

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend  since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular  BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.

What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )

BTC price will rise only If it get more popular.
Do you know how current BTC price is expensive for people in 3rd world countries like India? they need to save $ for 2 years to buy 1 BTC,
We need all of this people to invest in BTC.

I don't think that bitcoin is going to drop at $100 anymore. We have passed this level and new supports have been created higher than this price. I believe that we are going to see another drop in the price, a little bit below $3k, but this will create a huge buy order book that will push the price to the next year's high.

[deisik]

Bitcoin to be under $100 isn't gonna happen anymore, because the market has developed a standard value for bitcoin. The cyclic process might repeat, because we cannot predict things happening depending upon the underlying technology. The adoption of cryptocurrency and bitcoin keeps increasing, upon that we cannot expect the value go low to $100 anymore

We still can't completely discard a possibility of a Black Swan event

For example, someone discovering a critical bug in the Bitcoin-Qt wallet like the one found there recently, and then exploiting it to the full. Without such an event actually happening, it is unlikely that Bitcoin will fall so hard, but if it tanks below 2k (which is quite possible), it will still be a Black Swan-ish event for the majority of the Bitcoin crowd (especially, the long-term holders who bought near the 2017 top)

[STT]

That's impossible to happen mate since bitcoin still have strong support

Nothing is impossible, a healthy market will price in every event.   Part of the price now will still be the idea that Bitcoin will not be a survivor or capable in two years or so.    Hence when Bitcoin is still around in a couple years and has continued to prove itself resilient and capable the market will have corrected itself over time rather then purely price.

I think thats part of whats occurring now, when people talk about overly negative prices they are thinking in one dimension only.     Traversing markets for a profit of any kind is like log walking as we move fast down stream over white waters, most of us will get wet at some point but doesnt mean the log must sink; its superior to us all in this regard

[kickdapa]

No this is not possible. If you don't mind then I suggest you please stop making these types of Question or post! Because many people can get hurt by seeing that people are talking about BTC at 100 USD! We can see BTC price under 3K USD or 2200 USD, So, be ready for that and try to research what's going on in the crypto market right now.

[eaLiTy]

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend  since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game.

There is no way that the price of bitcoin goes under thousand dollars, let alone the rates you are dreaming off. You need to find a time machine to go that far hope you understand what I meant. So stop dreaming about these prices in the first place and enter when the price is low if you are looking for profit in the long run.

[samson]

Dream on dude.

[BigBos]

Dream on dude.

LOL, we all know that it will be very difficult, even when the price of bitcoin goes down, the price of bitcoin will not be that low. well, but I just hope that the price of bitcoin will continue to rise for this year. Seeing the function of Bitcoin which is currently widely used for important matters, I think the price below the current low will only be an arena for competing to buy bitcoin.

[WinslowIII]

If whoever pumped the crypto market to 800b has left the building, $100 btc could totally happen. Never say never.

[piebeyb]

$ 100 maybe you need to go back to the beginning of 2014 then when finex dropped it there, it's not like that bro that the buy support point is only in the $ 2000 area for the lowest point, even though it doesn't touch and only stays in the $ 3000 price area, we'll see bearish will end this year precisely towards the end of the year

[ournetinternational]

BTC To Under 100$ BUT is good for Market, It not going to be happen in 1 day, but we are in down trend  since BTC ATH (20k$),
SO Why its is Good for market and bitcoin ? More people want to buy BTC at cheaper price So when BTC price is under 1000$ they will get a good opportunity to join in the game, now Most people even dont know what is BTC.
So Cheaper BTC = More Investor will join to the game and BTC will be more popular  BEFOR NEW ATH.
New ATH could be 200K$, But not before BTC price correction which is Under 100$.

What will be happened to BTC miner?
BTC Miner will be stop mining BTC, when price is under 100$ but thatz fine, Nothing will be happened to BTC if they stop minig it mean only 1 thing, increasing Demand and Increasing Price, Most miner will be from 3rd world countries ( India , ... )

BTC price will rise only If it get more popular.
Do you know how current BTC price is expensive for people in 3rd world countries like India? they need to save $ for 2 years to buy 1 BTC,
We need all of this people to invest in BTC.

I have a totally opposite idea here, based on statistics and maths.

[WinslowIII]

I have a totally opposite idea here, based on statistics and maths.

You have absolutely no understanding of market caps, price and supply. If all the circulated money today moved into bitcoin, the price would be 10s if not hundreds of millions per btc, not some $176k bullshit. Why? because most of them would be horded rather than in the circulating supply.

[South Park]

Although Bitcoin price could go lower than it's now I don't believe it will fall all the way to 100$, such predictions are exaggerated. Although many wouldn't agree with me I think that even in some worst scenario this will happen I don't consider this to be such tragedy. We've seen that price before at the Bitcoin's begininig and I think even now at that price it would have their users and supporters. And how it can go lower, so it can go up too, just need to wait long enough.

People love to make those prediction because they imagine themselves buying bitcoin at that price and then getting all the profits once it skyrockets again but if what we are seeing now is any indication at all those people will be too afraid to invest because at that point their worry will be if bitcoin crashes all the way to zero, so a price that low will be good for a small amount of people like the whales but it will be terrible for many users that cannot endure such losses.

[cellard]

Threads like this are a good radar of capitulation. When we start getting the absurdly pessimistic predictions for bottoms of the bear market is when we are about to capitulate if we haven't already. Just go browse the threads in 2014-2015. You'll see sub $10 predictions. There was even this famous PhD guy prediction $10 bucks, google Mark T Williams Bitcoin prediction.

It will simply never happen. Anyone with a brain will be selling everything they own and buying Bitcoin at sub $1000 if it happens, let alone sub $100, so basically it will not happen.

[romero121]

We don't know what will happen with the technology. The price of bitcoin was predicted to reach $25000 when it was around $20000. To the expectation what we experienced is a drastic fall. As majority of the users quoted, it won't happen. Yet we cannot conclude. Same is with ethereum, people believed it won't go below $500. In reality it went low to $80. It isn't fair to compare bitcoin with ethereum, still we don't have very strong statement to conclude.

[figmentofmyass]

It will simply never happen. Anyone with a brain will be selling everything they own and buying Bitcoin at sub $1000 if it happens, let alone sub $100, so basically it will not happen.

i would go so far as to say it's really unlikely, and i'm talking about sub-$1000. but if that happens and it sustains for more than a day or two, it would indicate to me that demand is actually in decline rather than just a "correction". it would be the first time we'd ever fallen below a previous bubble high. if we really saw sustained sub-$1000 prices, i'd probably capitulate emotionally and give up. i wouldn't necessarily bother selling because it would be worth so little anyway, but i would be forced to abandon the bullish models i've been relying on since 2013.