What will you do if bitcoin price fall down to $100 ?

[galbros]

I imagine some others have made this point, but it depends on WHY bitcoin has fallen to 100 USD. 

If it's because US bans it's citizens from holding bitcoin, sort of like what they did with gold back in the 1930s, then that is very different that it just falls because someone hacks Satoshi's private key and dumps his coins on an exchange.  It's also different if it's because there is a problem with the actual protocol itself.  The first two are probably buying opportunities, the latter will probably mean I'd be excited to sell for 100 USD.

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[ChuckBuck]

Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!   

We haven't even come close to the 2014 low yet...

[Dafar]

Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!   

We haven't even come close to the 2014 low yet...

Those are two WILD assumptions there buddy...

[NotLambchop]

...
I sold my house when it was @1000 usd, I estimate ROI in 2016.

How's it going thus far?

[sherbyspark]

...
I sold my house when it was @1000 usd, I estimate ROI in 2016.

How's it going thus far?

I am sure its cheaper coins now, time to buy more
JK, I am sure you would be going through hard times now if that were true.

[ChuckBuck]

Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!   

We haven't even come close to the 2014 low yet...

Those are two WILD assumptions there buddy...

Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:



As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.

Coin flip, really.

[jjacob]

Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!   

We haven't even come close to the 2014 low yet...

Those are two WILD assumptions there buddy...

Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:

As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.

Coin flip, really.

The rebound from that $275 low was very, very quick.
Not many long term investors had an opportunity to benefit from such prices.
Current glut provides excellent buying opportunities.

[rogerdonkey]

hi, time to wake up buddy. bitcoin never fall down to $100.

[malaimult]

I'll be waiting for cheaper bitcoins and really low cost per transaction

How much cheaper? $350 is good enough for me. 

I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more

This is probably not the best of ideas. If you were to disregard the fact that it will generally take months to receive funds when you sell your house (as it takes months to close on any potential sale), putting all your money into bitcoin would essentially be putting all your eggs in one basket and the price of bitcoin is far from certain to rise over time

[bigadam0101]

What would have to happen to dropped price so low I think it's impossible .. even $ 200 I think is impossible ..

[jonald_fyookball]

miners are trying to maximize year end revenue right now,
probably a lot of selling, this is why price dropped from 350 to 300.

should spike up in early 2015.

[malaimult]

miners are trying to maximize year end revenue right now,
probably a lot of selling, this is why price dropped from 350 to 300.

should spike up in early 2015.

I think the miners are selling only enough to cover their electric costs, but their electric costs are in fiat so as the price declines they need to sell more of their mining revenue which causes the price to decline further

[BlindMayorBitcorn]

I'll be waiting for cheaper bitcoins and really low cost per transaction

How much cheaper? $350 is good enough for me.  

I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more

This is probably not the best of ideas. If you were to disregard the fact that it will generally take months to receive funds when you sell your house (as it takes months to close on any potential sale), putting all your money into bitcoin would essentially be putting all your eggs in one basket and the price of bitcoin is far from certain to rise over time

You just got put on my "do not ignore" list

[Omikifuse]

Feel happy because I would be out from the HODL club long ago.