Post
Topic
Board Economics
Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
by
SmartIphone
on 31/07/2016, 10:54:30 UTC
~snipped~
If panic selling would happen then it would possible to dropped its price to $100 mark. Its really hard to believe that it would happen to bitcoin as we can see the current state of the coin its stable on its price. We will wait what would happen in upcoming  months or years to come.

The price today dropped a bit -20 USD, but I don't think a similar drop would push people to sell their bitcoins.
People who want to invest on bitcoin don't want the price to reach $100 because once this target is reached the chances to go lower than that then are higher.