Bitcoin price will go below 100 $ and then > 1,000,000 $

[CryptoBry]

We are not stranger to this kind of wild speculation on the price of Bitcoin...I am just wondering why it should be $100 when in fact we can just put ZERO in there? Now, for that to happen, maybe it can take the end of the world kind of catastrophe to hit on a global scale where all economies are decimated and millions of people just died and can be dying. In other words, when it is the end of the human race and all the living things in this planet maybe that can also be the end of Bitcoin.

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[quins]

I do not believe that the price of the BTC will go down, because nowadays we are going to cashless society.

[veleten]

I do not believe that the price of the BTC will go down, because nowadays we are going to cashless society.

casheless society doesn't mean that it will be cryptocurrencies that oust fiat money
there are many bottlenecks preventing crypto to take over fiat and banking transactions
one of them - slow transactions and low tx/second figures , simply cannot compete with VISA  with its tens of thousands per second
also casheless society is not necessarily a good thing , imagine being turned off with a switch of a button and unable to buy anything if you are not on the system
its a fully controlled electronic working camp in the best traditions of antiutopias , so careful what you wish for

[jostorres]

There is no formula that can predict what the value of bitcoin will be now or in future, shale coinsformula or not, cryptocurrency market is purely a speculative market for  now, and to say that bitcoin will ever go low to $100 again, it is impossible, and psychologically, it will not lead to any increase. Even if the value tries to create fomo, the fact that it has created that fear in people that it could go so low at any time will make people to quickly pull investment out once there is an increase to the level where they invested.

The only time I see bitcoin reach up to 1 million is may be when there is no longer BC to mine again, then everyone believe that bitcoin price will start increasing and become that expensive which may click at 1 million dollars.

[bucciarati]

Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalk.org/index.php?topic=5134441.0
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0 it can't happen.

BIP

[shield132]

Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalk.org/index.php?topic=5134441.0
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0 it can't happen.

Can you analyze how huge shock it will be to see bitcoin below 100$? It won't only destroy bitcoin but overall crypto economy, there is no way bitcoin can fall below 100$ and even if that happens, there is no way it can risebup to 1 million because from 100$ to that schedule, it needs massive daily rise, that means everyone who will invest must gain huge profit, that means worldwide money almost double or triple or more and that's not possible in overall, that scenario will never happen, it's not 2016 year.

[STT]

therefore the money have no substance behind it and the prices rise inevitably

Its a slippery slope more then just a cliff, USA is now large enough to be part of OPEC.   Its a major force on multiple fronts and now including oil, well done and good work by those in oil production.    So there is definite backing to the dollar index, but if we measure production against consumption and the excess debt and continual production of new dollars your conclusion is right.   The currency is weaker from excessive debt, a fiscal budget that never returns a surplus to repay that debt and similarly the trade balance.

The only smart thing on BTC price and somehow I fail to do this fairly consistently;  is to buy more near the bottom of a range and sell more at the top of the range.   At present I have us more towards the top, when it was in the 9500 area I think a long with some stop loss was probably better value vs risk then now.

[RealMalatesta]

Bitcoin price will go below 100 $ and later > 1,000,000 $

All the lost coins will become active: price will go below 100 $  https://bitcointalk.org/index.php?topic=5134441.0
We will have an upgrade: quantum secure
The world will know that the Bitcoin network is still working.
Thereafter it will climb and we will reach > 1,000,000 $

Before solving 'shalecoins' https://bitcointalk.org/index.php?topic=5134441.0 it can't happen.

Can you analyze how huge shock it will be to see bitcoin below 100$? It won't only destroy bitcoin but overall crypto economy, there is no way bitcoin can fall below 100$ and even if that happens, there is no way it can risebup to 1 million because from 100$ to that schedule, it needs massive daily rise, that means everyone who will invest must gain huge profit, that means worldwide money almost double or triple or more and that's not possible in overall, that scenario will never happen, it's not 2016 year.

Funny enough it may not destroy bitcoin, there are so many circumstances that I have seen with this my eyes, that I expect to even crash bitcoin value when they happened, but rather, bitcoin reacted the other opposite to it, so many fud news, and one was even recent tweet from trump and I thought it would really make bitcoin back to $6000, but instead of making the price to crash, it even pulled it back up a little bit.

I am sure if bitcoin returns back to $100, it will simply just return us back to the beginning where people had the opportunity to make a very huge investment because of the price of bitcoin then, this is exactly what will also happen in this scenario also. If bitcoin are crash to that value, do you know how many coins that I will be willing o hold then, and this fomo buy is what will make the price jump back high.

[Anonylz]

It will be very dangerous for btc to fall down under 1000$ it could destroy the investor trust and at that point maybe the alt coin will rise and replace btc place, so  if btc fall down to certain point maybe it won't be able to.bounce back, if the users and supporters are still a lot, the price is impossible to fall that low

You seem to be forgetting that alts follows btc trend, if by any chance btc manage to fall below $1000 and investors panic and sell even alts won't be left out, this will definitely affect the very existence of alts and most likely many will disappear, nobody will put their money in a crumbling market whether btc or alts.

[SquallLeonhart]

This topic is purely for entertainment and troll purposes and makes no sense at all lets get that out of the way. There is %0 chance bitcoin becoming under 100 dollar ever again in history, at least not when we are alive, maybe in 200 years someone will come up with something better but today and for the next 50 years its not gonna change for sure. A million dollars is quite possible and will be done eventually, not today not soon but who knows what will happen in 30 years so maybe in 2050 we will have one bitcoin worth one million dollars that is still possible.

However, the notion that bitcoin will retrack back a bit and than go up is still valid, of course not as much as under 100 dollars and than above 1 million but something along the lines of under 8k than above 20k still is quite on the table for reality.

[drawingthesun]

Bitcoin price will go below 100 $

Never ever ever going to happen for any reasonable length of time.

Outside of outlier events such as market crashes, where Bitcoin might hit $100 for a microsecond, I can't imagine any scenario that Bitcoin could sustain a price anywhere near $100.

The lower the price goes towards $1,000 the more people see the opportunity.

However I do think sub $2,000 Bitcoin is possible in the event of a Tether crash.

[shoreno]

This topic is purely for entertainment and troll purposes and makes no sense at all lets get that out of the way.

the op isnt trolling because he writes the sentence in a serious manner and this board is about speculation so anyone can give thier own thoughts if what will happen to btc and other cryptos  .

There is %0 chance bitcoin becoming under 100 dollar . A million dollars is quite possible

you believe that bitcoin can reach 1million usd but you dont believe that bitcoin can drop as low as 100 usd ?  lol  . anything can happen in this space  . if people want to dump bitcoin they can dump bitcoin but they can also up bitcoin if they want to  .

[Vishnu.Reang]

This is the craziest prediction I have ever read in Bitcointalk. Do you really believe that Bitcoin is going to crash to $100 per coin? I don't think that it is possible for Bitcoin to lose more than 99% of its value. Forget about $100 per coin, I don't think that we'll ever again go below $10,000 per coin. The last opportunity to purchase BTC below $10K was a few weeks back, and you are not going to get that opportunity ever again.

[RealMalatesta]

It will be very dangerous for btc to fall down under 1000$ it could destroy the investor trust and at that point maybe the alt coin will rise and replace btc place, so  if btc fall down to certain point maybe it won't be able to.bounce back, if the users and supporters are still a lot, the price is impossible to fall that low

The only thing that can make the value of bitcoin drop that low is when virtually all investors in the market has sold their coins which may be as a result of FUD news that would create panic sell, and if such thing ever happen, it would take very little time before the price rises back because those who created the fud news that caused the panic sell only did so in other to accumulate bitcoin cheaply.

This is usually the work of whales, and the moment they accumulate enough, they will tend to pump the coin again, and those investor that you said would lose trust are even the ones that will massively buy at that cheap rate. That is just fantasy though, I think that value is gone forever and we may not see it again, the least that I feel we can see right now is $8000.

[longtermbitcoin]

Nearly 4 Million Bitcoins Lost Forever, New Study Says (2017) https://fortune.com/2017/11/25/lost-bitcoins/

Not forever.

I am just wondering why it should be $100 when in fact we can just put ZERO in there?

Between 1 and 10 $ (Marketcap 20 - 200 million $) there will be buyers who would buy the whole existing coins even if all others sell them. Below that range all sellers will have a support.

What was the amount of lost coins at the least conservative estimate again? Let us say 20% of current supply? So that is 3.6 mill coins. Let's just be kind and round it up to 4 mill.

Drop that in the market across let us say 10 exchanges and you have 400k dumped for orderwalls. That might crash things, but not for long.

Bring it on, though. Would love $100 btc!!!

'But not for long', exactly.

This also causes far greater supply over a short period of time, these two things might explain the $100 target.    I dont see why a compromised protocol is then a reason for the 1mil price target.

There will be no compromised protocol, the Bitcoin network will still work, generating blocks (hashing) will not be affected. The lost coins will have new owners, the Bitcoin network wil be updated and all owners will have quantum resistant addresses. Thereafter the 1,000,000 $ target is possible as everyone will know that the Bitcoin network can't be destroyed.

This topic is purely for entertainment and troll purposes and makes no sense at all lets get that out of the way.

the op isnt trolling because he writes the sentence in a serious manner and this board is about speculation so anyone can give thier own thoughts if what will happen to btc and other cryptos  .

There is %0 chance bitcoin becoming under 100 dollar . A million dollars is quite possible

you believe that bitcoin can reach 1million usd but you dont believe that bitcoin can drop as low as 100 usd ?  lol  . anything can happen in this space  . if people want to dump bitcoin they can dump bitcoin but they can also up bitcoin if they want to  .

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[bitbunnny]

We have two extremes,100$ as a lowest level and 1,000,000$ as the highest level which all, to my opinion, are exaggerated and not based on real analisys.
This is probably just for someone's fun but it can't be taken for real and doesn't have any value for the situation on the market.

[Coin_trader]

We have two extremes,100$ as a lowest level and 1,000,000$ as the highest level which all, to my opinion, are exaggerated and not based on real analisys.
This is probably just for someone's fun but it can't be taken for real and doesn't have any value for the situation on the market.

Yeah. This is just for bitcoin minimalist and maximalist prediction. Both are baseless prediction although there is a very slim chance that it might really happened since Bitcoin come from scratch and some people holds huge chunk of it like satoshi. If satoshi unload his bag then it might go deeper near 0 and in the other hand, once mass adoption occur. Bitcoin can skyrocket above 1M.

[coolcoinz]

$100 is impossible as long as Bitcoin is working as a currency and store of value. Based on simple market research and human psychology you will never have a live asset go back down to almost nothing because for that to happen you'd have to persuade people to sell for 1% of what they paid for it.
Think about it for a moment. You've paid 5k USD for your Bitcoin and it's now back at 5k, you'll be willing to wait hoping that it's the bottom and it won't be a loss for you.
When it goes down to 4.5k many 5k buyers will sell, but there will always be a small number maybe 10% of strong holders willing to wait it out. You will have them at any level and their number will grow as the price goes down. at 3k you'll have at least 20% of people willing to hold and wait it out, 40% at 2k, at 1k it will be impossible to stop the reversal as more than 50% will be ready to risk holding an asset that lost 95% from its ATH. At this point going below 1k is impossible without a total failure of the bitcoin ecosystem.

[longtermbitcoin]

https://cryptonews.com/news/how-much-of-a-risk-is-investing-in-bitcoin-5595.htm
Quantum Computing
Another risk that Bitcoin investors face is posed by quantum computing. There are many who believe that the immense power of the quantum machines currently under development could make brute force hacking private keys simple and effective. If this were possible, not a single wallet on the planet would be safe. Naturally, investors would attempt to sell en masse with hopes to retain whatever value they could. This would quickly result in a Bitcoin price of single digits or even zero overnight. For now, however, quantum computing does not pose a significant risk to investors. What’s more, the network of developers working solidly to improve the Bitcoin protocol have this threat on their radar and will attempt to circumvent it before it ever materialises.

We are getting closer:

The boss of Google has warned that quantum computers will be able to break encryption within as little as five years, signalling the growing threat to privacy such technological advances.
https://www.telegraph.co.uk/technology/2020/01/22/googles-sundar-pichai-quantum-computing-could-end-encryption/
"In a five to ten year time frame, quantum computing will break encryption as we know it today."

But the Bitcoin network will still work.

Re: Bitcoin price will go below 100 $ and then > 1,000,000 $

[Free1bitco.in]

I pretty much read very high predictions, starting at $ 50000, $ 100,000, $ 500,000, even $ 1,000,000. however, all prices will be possible if bitcoin is valued very positively. it's just that, for now, I don't expect too high, just reaching the price of $ 10,000 this month or February has made many people happy. actually, I decided to make points, like waiting for the price of bitcoin to reach $ 10,000, then $ 15,000, and so on. it's better than expecting a price of $ 100,000 when prices are still at the level of $ 8,000.