BTC To Under 100$

[alexey14]

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$, But not before BTC price correction which is Under 100$.

When BTC drop to 1K$ than next wave of panic will be started and BTC price can easly drop to about 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.

[philipma1957]

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$, But not before BTC price correction which is Under 100$.

not going to happen .

2k-3k is the floor.

there is a real reason for those numbers.

at least 40% of the hard iron mining is used to help power plants load level when they have excess power.

Hydro power does not get turned off during rainy season.
excess power is used mining equipment
I consulted on a 100megawatt project for a mine that was surround by 5 major power plants they go from 40 to 100 megawatts  depending on the power plants excess power.

This causes a real value for btc or bch since she 256 gear is the most common gear around.  do you want to say  btc drops to  100  then bch will rise to 3500 k  since it will use the gear. to level the loads.

[crwth]

Bold prediction but not enough supporting evidence to make your case with having such a low price. I don't think that it will go down that low, just because it's a weird and unnatural thing that happens. Just like as philipma1957 said above, to be able to sustain the BItcoin network and miners to continue mining, they need for Bitcoin to be on a certain price to be profitable. No one would continue mining if it's not profitable.

[creeps]

Its too much, and remember the whales who hold so much bitcoin that they will not let this market to go down on that level. This is not good for me because whales can now have more power to control the market because of a cheaper price. Newbies should deal with the price of $3k and don’t wait for any dump because its not gonna happen.

[xWolfx]

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$, But not before BTC price correction which is Under 100$.

I personally don't think and hope it won't happen.

As long as certain amount of people hold the price can't go under a fixed rate, considering also the speed on which it is mined right now which will only decrease over time. So the more years that pass by the less likely it is to happen.

[Dreamchaser21]

Anything is possible with bitcoin but this speculation is not that realistic. If bitcoin goes on this level, it will create panic and we don’t know if we will survive on this. $2500-$3000 is the bottom for me, I’m confident that bitcoin will not go lower than $2k again. Keep buying on every dump, and you can have profit if the market pumps in the coming months.

[alexey14]

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 , ... )

[Jating]

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$, But not before BTC price correction which is Under 100$.

Everything is possible, however, I doubt that the price could go that low, $100? I don't think so. Bitcoin is not taking a breather now, and definitely we will see a increase eventually. The market works in cycle, so just take this opportunity to purchase and save bitcoin.

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 , ... )

You also need to take into consideration electricity, maintenance and the hardware itself before we can speculate that India will mine bitcoin if the price goes to three digit.

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.

Well, you don't have to buy full bitcoin. You can slowly accumulate, its one method one casual investors was able to save a lot of bitcoin. This is not a race, its a marathon, so start buying in small portions and you wouldn't notice that you have accumulated 1 BTC already.

[WinslowIII]

Is this the OP of this thread?
https://www.youtube.com/watch?v=DC5RtcypOqE

[exstasie]

not going to happen .

2k-3k is the floor.

there is a real reason for those numbers.

at least 40% of the hard iron mining is used to help power plants load level when they have excess power.

Hydro power does not get turned off during rainy season.
excess power is used mining equipment
I consulted on a 100megawatt project for a mine that was surround by 5 major power plants they go from 40 to 100 megawatts  depending on the power plants excess power.

This causes a real value for btc or bch since she 256 gear is the most common gear around.  do you want to say  btc drops to  100  then bch will rise to 3500 k  since it will use the gear. to level the loads.

This explains why miners won't shut down (at first, anyway) but it doesn't guarantee the market will actually pay them $2-3K per BTC to keep mining. Let's say hypothetically that demand drastically falls and there are no buyers left who will pay above $100. What then? There may be perceived value in terms of proof of work, but what "real value" is there if buyers aren't willing to pay for it? It seems like difficulty should just plummet to meet user demand.

I don't expect $100 either but it's not based on miner expenditures.

[pooya87]

certain prices are simply impossible to happen because of the huge surge of buys that the lower prices are going to cause. and your logic here for this random price guess doesn't even make any sense mainly because you are missing the fact that if someone is waiting for a lower price to buy in (like $100) then if price reached $100 then he would wait more for lower price such as $50 and if $50 was reached then he would wait for $20 and so on. these type of people do not form the market, they are a minority that is mostly known for their FOMO buys for example those who are waiting for a ridiculously low price will start FOMO buying when price crosses $4k and mess up everything by creating a big surge upwards! they can also be referred to as "whale food".

[arpon11]

This is one of so many predictions that do come to the cryptocurrencies market time to time.  Bitcoin down to $100 is very possible but I don't think it will happen.  Bitcoin may not even fall to $1000 talk more of $100. The bearish trend is almost over and I think we should talk of more bullish trend more than the bearish trend now.  If there is time to invest it should be now and we can invest and holds for some times before selling as the market is going to appreciate small by time.

[hugeblack]

you have forgotten the vital aspect of ignoring the technical aspects compared to the economic aspect. I agree with you. There is no financial cover that supports Bitcoin, but there are wasted equipment and energy in order to keep the network stable. All these factors besides the technical aspects give the price a barrier above $ 3000.
This price is the normal price but we may see a price collapse especially under factors such as price manipulation or trying to weaken the currency but the price will not continue below those levels for long periods "more than a year."

Short Answer: $ 100 per Bitcoin is a possible price in case of exceptional circumstances only.

[sunanbonang]

$ 3k is the basis for bitcoin prices, the price of bitcoin will not be able to fall below $ 3k. but anything can happen and I don't expect that to happen, because if that happens bitcoin is close to death.

[Bitcoinwaist]

if the price ever goes under $100 it is on its way to zero.

[Lucius]

Classic thinking of people who who missed the opportunity to buy few years ago, and now they wait some miracle which will crush price to 100$ so they all can buy 1 BTC and become rich in time BTC hit 200k $. I think this is just a fairy tale, there is no way for such low price never - this would caused the opposite effect of what OP expected. People invest more in times when price is going up, and not in time like this.

Another misconception is that you need to buy 1 whole BTC, no need for that if you are smart and buy each month a small part. Instead to wait some unrealistic things, people should invest now if they believe in the future of BTC.

[gilangIDR]

I am sure that the economic growth of cryptocurrencies will increase. Especially that Bitcoin is now increasingly in demand, when there are predictions stating that the price of Bitcoin will decline to 100USD then I'm not sure, Bitcoin is still needed and now the price of Bitcoin will continue to increase. All of us and the community will determine the future of Bitcoin. When we continue to use Bitcoin, the Bitcoin will continue to exist and have an attractive value.

[dothebeats]

BTC to $100 simply isn't possible at this point in time considering how the market is still active despite the low volumes on some exchanges and overall weak price action these past few weeks. A trip to 3-digit prices seem to be an improbability as of now, and price stagnation is what I see that will be looming over the next few months, if not a decline or an increase. Sideways market for the whole of 2019 is much more plausible than reaching capitulation, 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.

The years that Bitcoin was going to drop at $100 have passed. And also I don't agree that such a dropped price is good for the market because more people will start buying due to the low price. I believe that the exact opposite is going to happen. People will lose totally their faith to cryptocurrencies and even those who hodl now they will probably sell.

[carlfebz2]

BTC to $100 simply isn't possible at this point in time considering how the market is still active despite the low volumes on some exchanges and overall weak price action these past few weeks. A trip to 3-digit prices seem to be an improbability as of now, and price stagnation is what I see that will be looming over the next few months, if not a decline or an increase. Sideways market for the whole of 2019 is much more plausible than reaching capitulation, IMO.

Its really hard to believe that we would come back into those levels.We are really on price stagnation but going to those levels wont really be that easy.We have seen bearish market on 2018 and you are right we might see it again possibly this year.We might go down but sub 3k price would be a reasonable price point.