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Author Topic: How we know btc not going to 100$ ??  (Read 988 times)
philipma1957
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December 17, 2022, 04:39:27 PM
 #61

I'm happy not knowing it's not going to $100, with the same uncertainty I don't know it's going to $100,000 or a million.

I'm actually very, very happy with that. I wouldn't be happy if my life savings were all in it, but they're not.

Get back to me and tell why I say 0 is more likely than 100 for its price.

If you answer that close to correctly I will post back with more great info. (just kidding) the info is not great or maybe it is.

Feel almost proud to see this, and it's the same thing I tell my kid who wants NFTs and dogecoin. I say, go ahead, have something, but Bitcoin too. And he's like but it might go to XXX and I say, it's likelier to go to zero.



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December 18, 2022, 07:15:10 AM
Last edit: December 18, 2022, 07:30:54 AM by STT
 #62

I've traded BTC at a $100 so I guess I can tell you from that perspective that too much has changed from then until now.   Just look up the dollar value itself, its greatly lost vs the value of anything so to now say its going back is worse then it sounds.   To be at 100 in current 2022 pricing would retrospectively place BTC lower then 2013 prices.    
   I sold at 100 mostly, I might have purchased a little around there and held but mostly I sold because I didnt know better and it was to put the proceeds to other uses, obviously the electric used and so on but mostly it would not make that much sense now to do so as we've moved on and the world is not the same.  Back at 100 you could mine BTC yourself at home and it was relatively quite cheap to acquire and so the price also matched that greater supply; ditto on the demand side of the scale far less people were involved in BTC back then it was unknown to many.  These things altered greatly, so the gap in comparison is far too great to be accurate.   Be bearish and consider 10k, thats reasonable levels of panic type sell pricing to look into and even thats extreme.


The biggest negative speakers on BTC still wouldn't say 100, even for passing interest it'd be likely to hold more value that; if its live it'll be higher as there is utility in its usage by many so you need to offload demand elsewhere before speculating this far but price spikes sure can overwhelm order books but thats not a true accurate price.  People can throw away assets at below a market price, thats normal but its lower volume specific trading not what would reflect a proper main market pricing but I've seen all kinds of weird BTC pricing especially in swaps and illiquid markets so thats the only way I see these weird price objectives.
  My most negative view for normal mainstream pricing, if the world was paying back interest at 20% base rate and lots of failure hard money conditions I guess near low four figures around that but that scenario likely sees failure in some 1st world currency;  highly improbable as central banks will take a far easier route which is inflation not deflation.

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Chato1977
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December 18, 2022, 08:52:38 AM
 #63

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
the answer is simple and clear , what would help bitcoin not falling down that bad? then that is to "never sell your bitcoin and keep Holding from that attitude mate surely bitcoin will never go down to 100$.
btu as long as you are having this behavior towards bitcoin then expect more of this in the future.

Nobody can really predict what the price for crypto will be in the future. I know, there a lot of people on youtube and other media that claim, they predicted some things right but in my eyes, that is just luck. If you believe in BTC, than just keep holding it; if not than it is time to sell!
those youtubers are mostly trying to fool people here or wanted to earn views and followers while cryptonians now are mature and wont just believe such claim.

 we are mostly to see opposite if we will follow their prediction , so better leave them there or just do your own research .
bestcoins1
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December 18, 2022, 11:55:39 AM
 #64

I think the biggest thing that will make Bitcoin can last long or not is to be able to reach $ 100K, if the price of Bitcoin is like now and occurs in the long run for example 3 years, it will be difficult to rise, maybe the price range will be as it is today, and if you can touch $ 100 then you can continue to skyrocket and will not drop anymore like what is happening now.
Is that actually a deal for $100 or for $100K?
Because what I read in the title of this topic is $ 100, while the discussion has started to widen to $ 100K. It looks a little strange, but I personally also never thought that Bitcoin would return to $100, because that is the past that has existed in Bitcoin which may never be repeated again.

Especially in the past and also for now there are still speculators who make predictions for $ 100K in Bitcoin with a target of four years after last year's ATH. But I also don't fully believe in that because unexpected changes in the market and prices in Bitcoin are still very likely to occur before the predicted time.

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December 18, 2022, 02:06:09 PM
 #65

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?

Why are you asking such a silly question how many millions are you gonna invest to have a fear like that, fortunately, its unlikely for Bitcoin to fall to that level there are so many predictions that it will die or go to zero but after then years Bitcoin prove them wrong, you need to bookmark and read this article to have a strong belief on Bitcoin, many have forgotten or you are not yet aware that Bitcoin already dies 467 times and still counting.

https://99bitcoins.com/bitcoin-obituaries/
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December 18, 2022, 08:21:59 PM
 #66

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
There is no guarantee whatsoever with what you say, because the price you mentioned is below the reach of all current Bitcoin users. Everyone is talking about a Bitcoin price as low as $10k, or even as low as an estimated $5k. But you're talking about $100 dollars. So what can make someone give a guarantee at that price. Or you do not understand what you are talking about? Or we misunderstood what you meant?

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December 18, 2022, 09:59:56 PM
Last edit: December 18, 2022, 10:20:34 PM by erep
 #67

There is no guarantee whatsoever with what you say, because the price you mentioned is below the reach of all current Bitcoin users. Everyone is talking about a Bitcoin price as low as $10k, or even as low as an estimated $5k. But you're talking about $100 dollars. So what can make someone give a guarantee at that price. Or you do not understand what you are talking about? Or we misunderstood what you meant?
During a bearish market many bad speculators often give statements about predicting the worst market price, they predict the market price without analysis and maybe they don't understand the support area that can sustain the price, if he predicts for $10k then it can be considered because of the impact of the bear market so there is no price significant recovery as long as the bear market is not over.

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December 19, 2022, 05:14:29 AM
 #68

I think the biggest thing that will make Bitcoin can last long or not is to be able to reach $ 100K, if the price of Bitcoin is like now and occurs in the long run for example 3 years, it will be difficult to rise, maybe the price range will be as it is today,
100k in 3 years? meaning in Halving right? that is what you wanted to say here? but what would be the reason for this to attain? Am not sure but there is no assurance for this mate.

Quote
and if you can touch $ 100 then you can continue to skyrocket and will not drop anymore like what is happening now.
I don't understand , what ?  you can touch bitcoin? and will not drop anymore ? sorry mate but looks like there is no one can understand this?

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December 19, 2022, 05:37:29 AM
 #69

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?

Why are you asking such a silly question how many millions are you gonna invest to have a fear like that, fortunately, its unlikely for Bitcoin to fall to that level there are so many predictions that it will die or go to zero but after then years Bitcoin prove them wrong, you need to bookmark and read this article to have a strong belief on Bitcoin, many have forgotten or you are not yet aware that Bitcoin already dies 467 times and still counting.

https://99bitcoins.com/bitcoin-obituaries/
A great deal of people are mad that they could not buy bitcoin for such a low price and as such they want those days to comeback, however I am sure that even if they could buy bitcoin for that low of a price they will still not do it.

And we have seen this in action many times in the market, who actually bought bitcoin at 15k just a few weeks ago? The whales and other retail investors which are long term holders, no else was interested in buying bitcoin at that price, the rest of the investors or traders were either selling or simply doing nothing despite the massive opportunity they had in front of them.
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December 19, 2022, 07:40:42 AM
 #70

Anything is possible with Bitcoin price but not $50, $100 or $1000. If the prediction is $10,000 it seems more realistic but if all this is not actualised before the first half of 2023 then it will never be possible again because the second half down to 2024 will be a preparation for the next halving. Bearish move is possible but as it stands it is dependent on many factors and will only happen if those factors get affected such as economic news and inflation

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December 19, 2022, 08:37:17 AM
 #71

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
the answer is simple and clear , what would help bitcoin not falling down that bad? then that is to "never sell your bitcoin and keep Holding from that attitude mate surely bitcoin will never go down to 100$.
btu as long as you are having this behavior towards bitcoin then expect more of this in the future.

Nobody can really predict what the price for crypto will be in the future. I know, there a lot of people on youtube and other media that claim, they predicted some things right but in my eyes, that is just luck. If you believe in BTC, than just keep holding it; if not than it is time to sell!
those youtubers are mostly trying to fool people here or wanted to earn views and followers while cryptonians now are mature and wont just believe such claim.

 we are mostly to see opposite if we will follow their prediction , so better leave them there or just do your own research .


Youtubers or even experts cannot predict the future bitcoin price, they are no different than us making uncertain predictions. But you also shouldn't be sure that bitcoin will never drop to $100, even though that may not sound right, but remember, anything can happen. Bitcoin will continue to rise to $100k or $1 million, or it will go back to $100 is something no one can say. That's why we often advise each other not to invest the money we can't lose. But as an investor in bitcoin, we should believe in the future of bitcoin because its future is our future.

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December 20, 2022, 04:39:33 AM
 #72

Bitcoin is purely decentralized so that the opportunity to rise or fall is very large, I will not convince anyone that Bitcoin will continue to profit and rise, but as long as we can be patient to wait then we can profit, and of course there is no guarantee that bitcoin will continue to rise, opportunities For drops can happen at any time even drop below $ 100.



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December 20, 2022, 04:46:11 AM
 #73

What guarantees we have btc not going very low like 100$ ??
Can btc go Even like 50$
Becouse everybody knows that Market Will crash hard soon very bearish out look now for btc
If today btc start falling what price is good to buy ?
It can fall to 1000$ or lower why not ? What's stop btc to fall down like 20$-50$ ?
the answer is simple and clear , what would help bitcoin not falling down that bad? then that is to "never sell your bitcoin and keep Holding from that attitude mate surely bitcoin will never go down to 100$.
btu as long as you are having this behavior towards bitcoin then expect more of this in the future.

Nobody can really predict what the price for crypto will be in the future. I know, there a lot of people on youtube and other media that claim, they predicted some things right but in my eyes, that is just luck. If you believe in BTC, than just keep holding it; if not than it is time to sell!
those youtubers are mostly trying to fool people here or wanted to earn views and followers while cryptonians now are mature and wont just believe such claim.

 we are mostly to see opposite if we will follow their prediction , so better leave them there or just do your own research .


Youtubers or even experts cannot predict the future bitcoin price, they are no different than us making uncertain predictions. But you also shouldn't be sure that bitcoin will never drop to $100, even though that may not sound right, but remember, anything can happen. Bitcoin will continue to rise to $100k or $1 million, or it will go back to $100 is something no one can say. That's why we often advise each other not to invest the money we can't lose. But as an investor in bitcoin, we should believe in the future of bitcoin because its future is our future.
and that means only one thing , that those people are trying to fool us here by bringing predictions and speculations but the truth is they dont really have deep knowledge about the market.

But what I do believe now are crypto people have learned their lessons and will never be fool by someone like this.
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December 20, 2022, 05:31:30 AM
 #74

Bitcoin is purely decentralized so that the opportunity to rise or fall is very large, I will not convince anyone that Bitcoin will continue to profit and rise, but as long as we can be patient to wait then we can profit, and of course there is no guarantee that bitcoin will continue to rise, opportunities For drops can happen at any time even drop below $ 100.

If you're here in crypto space for quite some time, you'll know $100 is close go impossible to happen with Bitcoin at this current height where Bitcoin is sitting right now. You are here since 2016, you should probably knew that. When was the last time Bitcoin had that price? Almost a decade, right? That was when people have realized Bitcoin had value and there were not so many people that owns Bitcoin compated today and the price went above a hundred bucks. Just do the math then, it's not that hard really. How do you think or perceive Bitcoin fall at $100?
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December 20, 2022, 07:09:00 AM
 #75

If you're here in crypto space for quite some time, you'll know $100 is close go impossible to happen with Bitcoin at this current height where Bitcoin is sitting right now. You are here since 2016, you should probably knew that. When was the last time Bitcoin had that price? Almost a decade, right? That was when people have realized Bitcoin had value and there were not so many people that owns Bitcoin compated today and the price went above a hundred bucks. Just do the math then, it's not that hard really. How do you think or perceive Bitcoin fall at $100?
The percentage to see bitcoin drop to $100 I would say is 0.1% of the total score. So it's safe to say that $100 is going to be very hard to hope for [but it's not impossible]. In fact I can hope for a very low percentage for $10K despite the current bearish market. So if bitcoin has reached $100, then we can ensure that all governments in the world have agreed to prohibit anyone from owning it and trade them. I don't think that will happen, because bitcoin is not something that is detrimental to a country's economy.

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December 20, 2022, 08:15:28 AM
 #76

Every difficulty experienced by the crypto industry, especially Bitcoin, makes everyone involved in the Cryptocurrency field start to wonder how bad the impact will be during the Bearish period. The price of bitcoin is very easily affected by news sentiments, such as government statements regarding bitcoin-related regulations and influential individuals in the field of crypto assets.
Currently Bitcoin is trying to touch its highest level again, but it does not rule out the possibility that Bitcoin can fall again and maybe even fall to its lowest level because of the very volatile nature of crypto.


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December 20, 2022, 11:33:54 AM
 #77

Every difficulty experienced by the crypto industry, especially Bitcoin, makes everyone involved in the Cryptocurrency field start to wonder how bad the impact will be during the Bearish period. The price of bitcoin is very easily affected by news sentiments, such as government statements regarding bitcoin-related regulations and influential individuals in the field of crypto assets.
Currently Bitcoin is trying to touch its highest level again, but it does not rule out the possibility that Bitcoin can fall again and maybe even fall to its lowest level because of the very volatile nature of crypto.
The impact will usually depend on how brutal that negative news are but I think when we are in a bear, the cryptos are more fragile so even the minor negative news can affect them deeply. So, we are currently at a bear and the goal of each coins including BTC is to recover at a much decent level.

It's too early to say for now that they are now aiming for their highest level but that can only happen once the bear have ended and then the bull run is taking on its lead. A bearish market is also full of bear traps so people must be careful and don't buy at a moving train thinking that the bull have started already but we should only buy when it is stable right after a drop.

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December 20, 2022, 02:19:33 PM
 #78

Even though bitcoin has the potential to skyrocket and continue to rise, but I dare not say it will drop even touching the $100 level, all possibilities can happen as bad things can happen, the most important thing is before bitcoin collapses, the best thing is to look for maximum profit.

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December 21, 2022, 04:06:25 AM
 #79

Even though bitcoin has the potential to skyrocket and continue to rise, but I dare not say it will drop even touching the $100 level, all possibilities can happen as bad things can happen, the most important thing is before bitcoin collapses, the best thing is to look for maximum profit.

yes is it possible to touch 100$ but is razor thin to touch that level.


Bitcoin is already crazy, and then we can see major holders. Company level like Microstrategy or Tesla have couple of btc. maybe this already become indicator that bitcoin to big too to touch 100$ just in my opinion

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December 21, 2022, 04:32:40 AM
 #80

As I said early it would go to zero far more likely than go to 100.

If the encryption became slovable it would go to zero. Not 100.

Maybe the encryption is  crackable. So I give a shot for zero since it could be crackable.

That means zero is possible. It means zero is far more likely to happen than 100 dollar value.

So I kind of feel this thread is about a really unlikely possibility.

I can honesty state the title attracts me only to complain that the number picked makes no sense.

My opinion is we could drop to 7-9k with the correct real world pressures occuring.

I dont think we bottom out under that.

I think if we hit 100 zero will soon follow as the 100 number is too low to go to if encryption still is not crackable.

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