Post
Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
HarHarHar9965
on 06/08/2015, 13:23:07 UTC
Yeah i think so the price of bitcoin will dont go never at $100,
but we are waiting for $100/BTC to buy
at least at $200 but i think it would never be happen
If bitcoin could go to $100/btc, then I think its be hard for bitcoin to reach $300 back, which it will be same situation like when its price was $1000, but went down to $300 and never reach that price again.

In a situation which forces the btc to drop around/at 100$, a lot of people would lose their mind and quit. I don't think so if people would be strong enough to maintain their believe in something which is 10% of what it was before, a thousands dollars. Ofcourse bitcoin has come a long way than what it used to be initially, but I don't think many people would buy in, rather many people would buy out. Or the demand and supply somehow equals out, and has no effect whatsoever Tongue