BTC To Under 100$

[DeathAngel]

Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.

[Tagus45]

Predicting the price of bitcoin will be $ 100, I think you are joking in making predictions, and that will never happen to bitcoin.

[BUK2016]

I don't think there any need for such a thing to happen to bitcoin even in the next decade to come. I see no different from you and any other person who said that bitcoin will reach 100,000 Dollars in the coming years. Am of the opinion that bitcoin market value may not such level as you and some other person speculate.

[hatshepsut93]

The only way Bitcoin goes under $100 is if it dies. There's simply no mechanism that can justify such level in context of traditional market cycle. Historically, the difference between ATH and bottom was around 85%, and this is very close to what we see now. So, even if the price will decline further, it will be only to low $3,000. Worst case $2,900.
You don't bother to explain why you think the price will go to $100, instead you are arguing that it's good, like if it's an already established fact. $100 sounds like a really arbitrary point in your post, you could have as well said "$10" or "$1".

[Wilhelm]

These types of threads remind me I should buy more 

[1Referee]

Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.

These are the threads you want to see pop up as bull. Dumb money functions as counter indicator (e.g. they buy when you should sell, and sell when you should buy), so whenever you see them freak out like this, know that we might be near a point at which we will bottom out (if we haven't done so already).

It would have been a bit more realistic if it was $1000 OP referred to, but hey, it still signals bearishness.

Where is kwukduck when you need him, he was a pro in making people freak out. His absence might indicate that he doesn't know what's going on, or he simply doesn't care anymore. Don't think he's banned considering his BTC address in his profile, which is usually gone when someone is banned IIRC.

[lelylely]

Even though the market is very bad and so many people are panicking and tired of market conditions, the market will not fall to touch the base of $ 100, and I never thought that would happen with bitcoin.

[chulos]

Personally, I think this will not happen - that bitcoin will drop to $ 100. Bitcoin himself is well known and the price of $ 100 was already 6 years ago. In my opinion, there is a limit where bitcoin may drop - 3k $ max to 2k $.
Miners mined even when btc was at a lower value than now is. Even though i understand it - the lower price of btc more people trades. I would rather say that big investors are also important.

[DeathAngel]

Bitcoin to under $100 is impossible unless something catastrophic happens with blockchain technology.
OP stop trolling & looking for attention by shit posting.

[pcfli]

No way We are not living in 2010 and my date is correct on pc. 100 bucks is nothing that we discuss everyday here and thinking ways to develop this crypto industry.

[exstasie]

The only way Bitcoin goes under $100 is if it dies. There's simply no mechanism that can justify such level in context of traditional market cycle. Historically, the difference between ATH and bottom was around 85%, and this is very close to what we see now. So, even if the price will decline further, it will be only to low $3,000. Worst case $2,900.

It's a stretch, but $100 might be possible in a short term liquidity vacuum, like a margin cascade or flash crash. Events like the BTC-e cascade from $700 to $102 (2014), or the Coinbase ETH crash from $319 to 10 cents (2017) come to mind. Anything like that would be really short-lived though.

The 2011 crash saw a 94% drop from the ATH, so that's always represented the worst case scenario to me. That would bring us down near the $1,200 level.

[BitHodler]

Not sure what's funnier, OP, or all the people rehashing how it isn't possible to reach a price that low.

Obviously, it won't be going that low. If we haven't done so with poor fundamentals years ago, we definitely won't be heading that low with current way stronger fundamentals. It's just a matter of common sense.

People are soo focused on the price and when the next bull run pops up, that they forget the most important aspect of this space, which are the fundamentals. Don't get triggered this easily....

[Adriano2010]

This will not happen. I think the price will not go lower then 3k$ so for all who want to buy now, i think is still a good price, so better wait for a grow and hold coins until the next bull run.

[Slow death]

BTC To Under 100$ BUT is good for Market

 

definitely this would not be good

It not going to be happen in 1 day, but we are in down trend  since BTC ATH (20k$)

just forget This: " BTC To Under 100$... "

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

Do you think it would be good if the price fell below  $1000? if you think so, then you are wrong, every time the price falls, people get scared and they can leave the crypto market because they will be afraid of losing money

now Most people even dont know what is BTC.

I believe that at least one person from every country in the world knows and has bitcoin

New ATH could be 200K$

forget this price because even if it passes 5 years we will not see this price, this is very exaggerated

BTC price will rise only If it get more popular.

You mean if a lot of people buy

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

 

[xuan87]

It's not a good thing if Bitcoin fall below 100$, it will make people doubt about the value when they want to invest so it's could be dangerous for Bitcoin to fall down too low, and I dont agree that Bitcoin is expensive for third world country, you can buy fraction of Bitcoin, it's not necessary to buy the whole coin

[mirakal]

Even if it meant to improve the market, I don't want to see that happening but I would not say it's impossible as no one is talking that we will reach $20,000 during the early stage. Price could go down further but it's bad for the market, it's compared to a sinking boat and most investors who bought at high will be disappointed and leave the market.

Some early adopters had already sold to enjoy their fortune from BTC, but I doubt they'll come back again when price hits below $100, it's just crazy.

No way We are not living in 2010 and my date is correct on pc. 100 bucks is nothing that we discuss everyday here and thinking ways to develop this crypto industry.

Well, for you and for me it's not gonna happen and majority would agree to that, no one would hope to see that price again as everyone is looking for a recovery.

[onrise]

Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.

This is really annoying at times when people say any price without any reason to fall to such great extent . What is think is that those people do not want to invest now and then thinking it will fall and they could buy and it will bounce back like 2017 forgetting that now as well it is the best price to buy as market will recover from here too and bounce back to price like 2017.

[Caladonian]

Bitcoin will never go below $100 in our lifetime, it’s ridiculous to suggest so. Every point made by the OP is pie in the sky - null & void.

This is really annoying at times when people say any price without any reason to fall to such great extent . What is think is that those people do not want to invest now and then thinking it will fall and they could buy and it will bounce back like 2017 forgetting that now as well it is the best price to buy as market will recover from here too and bounce back to price like 2017.

That's another thing, those people who keeps giving ideas that value will fall and things will not be okay making newbies and weak investors to panic and follow others opinions, making possible investors to stay away or instead of starting to invest will wait again for things that will make the market more dip, but in the other side, there's still believers who will keep on their own barrier and keep giving positive impressions and helps the community to advertise more and attract curious people to invest and use the system,.

[romero121]

Bitcoin going less than $100 isn't possible with the growing number of users in the cryptocurrency network. As the need increases, automatically the growth of bitcoin value will progress forward. Right now what we experience seems to be the stability gain and the world economic fall too is a reason, as it is found on the declining trend.

[Wilhelm]

The US inflation and current president will make it impossible for Bitcoin to go below $100