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Author Topic: BTC To Under 100$  (Read 1124 times)
ophyrim
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February 11, 2019, 12:59:28 PM
 #101

theoretically, it is possible but practically i don't think this is going to happen. The market has a value and will protect it. I mean when the price start to going down dramatically, people will start to buy before 100 USD.
Caladonian
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February 11, 2019, 01:27:28 PM
 #102

If this going to happen then i will be finding good agents to sell my house and my wifes car to be ready for buying at this lowest rate ever.this is another history to make and a chance of becoming a millionaire in cryptocurrency trading.but this will not coming to reality as bitcoin will never go down below $2,000 value for a simple reason,the adoptions of this coin is going larger day after day

This is an exaggeration. I hope you read a story about a family that sell everything just to invest in bitcoin and sadly the price plummeted and we never heard from them again. Of course, majority of us wanted to be crypto millionaire but I won't risk everything though, not my house or my car, just saying.
Yeah right, I also remember that particular investment that they did and never heard anything anymore, this crash can only happen with big reason behind, not sure if people will buy a lot right away if sudden downfall put the value go dip like this, another speculations which can be possible especially we are inside crypto industry.

Lets see if what fate will bring to us while contiuing supporting this industry.
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February 11, 2019, 02:06:23 PM
 #103

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.
True, many will be confused if the btc price reaches the point of value of $ 100, it seems that only people who are apathetic and do not believe, and do not want to see the price of BTC remain stable at the best price. actually I see now is the right time to invest, no need to hesitate to immediately buy and hold it. I would not believe that btc will reach $ 100 and it is strange, is there a more rational explanation.
when the price of bitcoin is at the point of $ 100 and falls as deep as that, it is certain that many people will be depressed because they are trapped in expensive prices and they suffer a lot of losses and many may even commit suicide and that is the most severe event.
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February 11, 2019, 05:14:07 PM
 #104

There are too many coins now, like really too many. We can't allow bitcoin to go under 100 dollars ever again because that means all other coins will go down as well and we are in a crypto space that is run by so many people that if bitcoin goes under 100 dollars that would be the end of many people. I am sure there will be people who kill themselves, literally commit suicide, there would be people who are unemployed, there would be homeless people, there would be people with huge debts.

Basically, before that happens there would be thousands of life ruined (probably 100+ thousand globally) and that is why people will not allow that, they will spend the last penny they have on buying bitcoin and still try to keep it up. This is the exact reason why bitcoin won't drop that much.
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February 11, 2019, 05:25:53 PM
 #105

Basically, before that happens there would be thousands of life ruined (probably 100+ thousand globally) and that is why people will not allow that, they will spend the last penny they have on buying bitcoin and still try to keep it up. This is the exact reason why bitcoin won't drop that much

That's not going to work out

First of all, the purchasing power of these people is not that great if we compare it with the selling pressure that a few largest Bitcoin holders can exert on the market. But even without these big players going to dump their coins, Bitcoin can still suffer badly from a massive amounts of shorts which can easily make the buyers capitulate

Anyway, the real opposing force that can withstand long-lasting selling pressure should come from real adoption, i.e. from bitcoins used for anything but speculation (actually used and not held). And then no one will have to spend their last penny to support Bitcoin prices

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February 11, 2019, 10:47:21 PM
 #106

We live to see. Whether BTC will go to that your 100$ or not. These are all due to trading benefits that people want and they keep destroying the market with negative sentiments. People want ways to get more BTC so they say things to cause panic sell which reduce the price.
They will bow in shame very soon when the bulls return to the market.

Service thread below

https://bitcointalk.org/index.php?topic=5162299.msg51726822#msg51726822
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February 11, 2019, 11:01:43 PM
 #107

I think bitcoin will not drop that kind of amount because as we can see the generation now they want bitcoin in maintaining price like 3k up. So I think it will not drop in 100 price. Time will tell but as of now enjoy what we have now and grab the opportunity.

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February 12, 2019, 04:45:16 AM
 #108

If this going to happen then i will be finding good agents to sell my house and my wifes car to be ready for buying at this lowest rate ever.this is another history to make and a chance of becoming a millionaire in cryptocurrency trading.but this will not coming to reality as bitcoin will never go down below $2,000 value for a simple reason,the adoptions of this coin is going larger day after day

This is an exaggeration. I hope you read a story about a family that sell everything just to invest in bitcoin and sadly the price plummeted and we never heard from them again. Of course, majority of us wanted to be crypto millionaire but I won't risk everything though, not my house or my car, just saying.
It's sad to see people trapped at high prices with the latest money they have, the lesson is not to be too addicted to bitcoin because bitcoin has a very high risk and it's best if you don't have money so at least work don't sell your assets.

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February 12, 2019, 07:13:29 PM
 #109

Honestly speaking, i am really not sure what the future may bring to this cryptocurrency. Though i must say that, BTC to under $100 is extremely unlikely and way to exaggerated. But then again, only time will tell if ever Bitcoin will hit that mark.

One leading Bitcoin (BTC) analyst Murad Mahmudov said, "through a mashup of historical and technical analysis, BTC could fall to as low as $1,700-$2,200 bottom by Spring 2019". If i am not mistaken he said bottom.
Another crypto analyst claimed that the crypto market is currently entering an accumulation phase, meaning that lower lows are possible but somewhat unlikely. He even added that BTC could be nearing the end of its downturn, and will subsequently enter a “new bull cycle” in mid to late-2019.

I do believe these kind of forecasts are what i am about to believe in.
Predicting BTC’s future price is very difficult, no matter how much you know. Indeed, even the most experienced analysts often make mistakes. But despite that, sometimes it's much better to put our faith in crypto experts/analysts for they must really know what they are saying. They are the experts after all.









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February 12, 2019, 09:17:19 PM
 #110

Now a huge number of large funds are actively engaged in buying up the entire possible amount of Bitcoin, on the exchanges and especially out of exchange trading, in private, they will not allow Bitcoin to go down to that level because then there will be too many people which want to buy him.
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February 13, 2019, 02:48:33 AM
 #111

Now a huge number of large funds are actively engaged in buying up the entire possible amount of Bitcoin, on the exchanges and especially out of exchange trading, in private, they will not allow Bitcoin to go down to that level because then there will be too many people which want to buy him.
Of course, there are OTC trading and that will not reflect in the marketcap that we usually monitor.

Big buyers don't buy in exchange, it's safer through OTC trading and I believe they will help us to recover.
They are buying for the future because a possible increase of adoption int he future would lead them to a great return with their investment now.

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February 13, 2019, 03:50:16 AM
 #112

By buying bitcoin now it can provide benefits in the future because it sees the potential that Cyppto will be better in the future. We will see the development of bitcoin and crypto increasingly widespread and many countries will provide an opportunity to be able to grow by seeing many people using crypto as a valuable digital asset.

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February 17, 2019, 12:00:59 AM
 #113

can you even imagine, every man and his dog would be buying .....

which is perhaps why its just not going to happen .....

To many people have cashed into fiat so much already, that they would all be buying back in ....

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February 17, 2019, 12:39:31 AM
 #114

Now a huge number of large funds are actively engaged in buying up the entire possible amount of Bitcoin, on the exchanges and especially out of exchange trading, in private, they will not allow Bitcoin to go down to that level because then there will be too many people which want to buy him.
Of course, there are OTC trading and that will not reflect in the marketcap that we usually monitor.

Big buyers don't buy in exchange, it's safer through OTC trading and I believe they will help us to recover.
They are buying for the future because a possible increase of adoption int he future would lead them to a great return with their investment now.
The one who understand the risk and ready to face it will be making more profits from the crypto industry that is why the people started to buy back once the prices were settled to some range so we also need to do when we can afford it.

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February 17, 2019, 02:43:13 AM
 #115

Now a huge number of large funds are actively engaged in buying up the entire possible amount of Bitcoin, on the exchanges and especially out of exchange trading, in private, they will not allow Bitcoin to go down to that level because then there will be too many people which want to buy him.
Of course, there are OTC trading and that will not reflect in the marketcap that we usually monitor.

Big buyers don't buy in exchange, it's safer through OTC trading and I believe they will help us to recover.
They are buying for the future because a possible increase of adoption int he future would lead them to a great return with their investment now.
The one who understand the risk and ready to face it will be making more profits from the crypto industry that is why the people started to buy back once the prices were settled to some range so we also need to do when we can afford it.
Who would buy if they cannot afford it? It's one of the golden rule in investing.

It's not just buying only, it also requires a proper analysis about the price because not every drop would bring easy return in short term.
People starts to buy most of the time when there is a FOMO but only few will buy when there is a price drop, this trend resulted to more losers in trading.

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February 17, 2019, 04:37:43 AM
 #116

Bitcoin price is completely unpredictable, but it won't fall low to $100. When it was around $5000 people predicted that the value of bitcoin won't go low of $5000, stating it to be the standard value. Out of the prediction price dropped low in no time, now it's time for recovery and everyone holds with patience.

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February 17, 2019, 05:12:19 AM
 #117

theoretically, it is possible but practically i don't think this is going to happen. The market has a value and will protect it. I mean when the price start to going down dramatically, people will start to buy before 100 USD.

This seems to be nearly impossible for me till the time if entire world rejects it and decide to ban the crypto currency till that time this cannot go to 100$ for me. It is highly possible that it can reach 10k much faster and move on from here provided if we see some positives happening around the crypto.

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February 17, 2019, 06:03:15 AM
 #118

can you even imagine, every man and his dog would be buying .....

which is perhaps why its just not going to happen .....

To many people have cashed into fiat so much already, that they would all be buying back in ....

Hey you seem to be referring to the panic sellers who have already cashed out a while back, and many of them even started buying back on the dips. I feel we have seen steady levels of buying, and we’ll see more buying as we move ahead in 2019. I don’t think bitcoins prices will ever reach 100$, as we’re seeing that prices have been rapidly rising upwards on strong demand.
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February 17, 2019, 07:37:44 AM
 #119

Now a huge number of large funds are actively engaged in buying up the entire possible amount of Bitcoin, on the exchanges and especially out of exchange trading, in private, they will not allow Bitcoin to go down to that level because then there will be too many people which want to buy him.
Of course, there are OTC trading and that will not reflect in the marketcap that we usually monitor.

Big buyers don't buy in exchange, it's safer through OTC trading and I believe they will help us to recover.
They are buying for the future because a possible increase of adoption int he future would lead them to a great return with their investment now.
The one who understand the risk and ready to face it will be making more profits from the crypto industry that is why the people started to buy back once the prices were settled to some range so we also need to do when we can afford it.
Who would buy if they cannot afford it? It's one of the golden rule in investing.

It's not just buying only, it also requires a proper analysis about the price because not every drop would bring easy return in short term.
People starts to buy most of the time when there is a FOMO but only few will buy when there is a price drop, this trend resulted to more losers in trading

Technically, I agree with your reasoning

However, if we thoroughly follow it through, we will necessarily come to a conclusion that once Bitcoin starts falling (and it has already been falling since early 2018), there'll be no way back because "who would buy if they cannot afford it"? Actually, some authors here and elsewhere are in fact claiming something to that tune (they are calling it Bitcoin's "death spiral"). But we had already been there in 2015 (even if today feels different) and somehow still managed to make 100-fold increase in the next two years

Dodoymabs
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February 17, 2019, 09:48:51 AM
 #120

theoretically, it is possible but practically i don't think this is going to happen. The market has a value and will protect it. I mean when the price start to going down dramatically, people will start to buy before 100 USD.

Chances could be so far which means it would go for a hard time. Many are holding this coin and it will definitely grow as the years goes by. BTC believe to be a history breaker and many are believing that it will actually help the individual to have the chance to earn bigger profits.
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