Post
Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
Supercrypt
on 22/07/2016, 07:20:21 UTC

yeah and I think that we will not see price below $500 in future, $500 will be the maximum bottom and $100 is simply impossible now.

You should do some research before telling crap, Nothing is inpossible in this world, if bitcoin could be going alot from only a few cents until over $1000 so if the price could have a huge jump like that then it is not impossible for the price to be as low as $100 once again
Only very few people will be thinking about huge selling pressure when bitcoin prices touches $1000 price levels.
But many analysts and economists predict more number of new business will start adopting bitcoin payments when bitcoin raises again. So, there will not be any possibility for prices to go down again until prices test at least $2000+ mark.