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What will happen if btc goes down to $100

Submitted by nuttawut2527, , Thread ID: 83310

Thread Closed
06-04-2018, 06:54 AM
#1
Though it is impossible to be real, What do you think will happen to the community if bitcoin goes down to $100, just wanna know your opinion[Image: laugh.png]

RE: What will happen if btc goes down to $100

#2
I personally think it would skyrocket back up to 30k

RE: What will happen if btc goes down to $100

#3
That will never happen lol it's not even worth making a thread about
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RE: What will happen if btc goes down to $100

#4
Probably won't happen and if it did I'd see people buying in more.
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RE: What will happen if btc goes down to $100

#5
lmao nothing.
People will invest in more promising and easier to use, cheaper currencies like Ethereum.
I mean, paying $7-8 for JUST A TRANSACTION FEE, who the fuck would want to pay that if they're going to use it to buy groceries or a coffee? Sure if you're buying guns off the deep web or hiring hitmen, $8 is nothing when it comes to a certain level guaranteed privacy, but for everyday use where the future is, it's crazy. No bank would charge so much for a friendly $20 donation to a friend or something similar. If a bank did that, they'd be looked at as thieves, but here where everyone is the bank technically, people seem to feel very different about it.
Fees are too high, and it will die. It'll be replaced with something with lower fees, because then more people will be able to use it and it may be a viable currency for the future, where no bank or country decides how much it's worth.
However, we really need some way of giving a crypto it's value other than basing it off the USD. If that rises and falls, so will the currency, completely destroying the point of a decentralized currency. It's just basing another 'token' off the USD value. I mean, isn't that the whole point?
"It never hurts to keep looking for sunshine" - A. A. Milne

RE: What will happen if btc goes down to $100

#6
what will happen? 50% of people with start killing them selves, and the other 50% will become broke ass niggers.
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RE: What will happen if btc goes down to $100

#7
I would probably buy one, but as some people said, the transaction fees are just ridiculously high to be usable in any way.

RE: What will happen if btc goes down to $100

#8
there will be a huge tsunami in cyber world that day :D

RE: What will happen if btc goes down to $100

#9
not sure i think will buy and stuff but idk its hard to really say

RE: What will happen if btc goes down to $100

#10
Maybe the prices of GPUs will start going down.
I hope so.
I wanted to buy a 1060 but now it's over $650

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