What happens if Bitcoin go down to 100$ ??

in mgsc •  6 years ago 

Keeping technology aside What Happens if bitcoin go down to dead end .

It is a dream, it can not go down to below 100$ as it is all controlled by big whales (Bulk holders of bitcoins ) but if everyone sell out it than what happens ??

  1. No one will mine bitcoin as it power conception is high to mine and getting very less payout as difficulty is increased .

  2. All Alt coins will go down with BTC as all exchanges depends on BTC .

  3. Many exchanges will leave the crypto market with huge losses .

  4. All ICO will stop and crypto based projects will come to end .

  5. Many Youtubers will stop making videos on crypto and search for other commodity and platforms .

  6. Everyones Dreams will fade :(

  7. Supply & Demand, The value of any item is based on its supply and demand. If there is demand for bitcoin, then it will have value. If no one wants it, then it will have zero value. This is close to impossible

  8. Transferring money from countries to other countries will be more difficult and banks will takes the advantages of this like before .

  9. Many countries will ban crypto and bitcoin

  10. warren buffett and other anti bitcoin people will celebrate

All the above points are just Imaginations ,It is impossible as we all know . Please comment your views on it .

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In November it will be again on new heights.

Bitcoin rise again $10000 next month.

article is nice but dont want to go in to a dream that even thinking of is dangerous.

Yeah you are right bcz it really most valuable crypto and it cant happened

Bro very soon btc going to high .

@moinece buddy Bitcoin will never go to 100$. If it goes then i will buy 1 lac bitcoin.

@moinece36 never happen bro! In coming month BTC hits its ATH!

@moinece36 dont be penic we will saw improvement in coming days...

It will not go to 100$..ll hit 20000$

Bro we don't want it to be a $100 just. We want it to cross $7k this time for sure

Nice information!!! Keep sharing

What!!!! 100$ BTC 😲😲😲
It is never gonna happen and if it goes down their for some reason, i will load as much as i can no matter what i have to sell to buy BTC 😃😃😃

Bro I think Bitcoin kabhi 100$ se niche nhi jayega

12000 $ coming soon

bhai aa impossible he.....Don't panic

Hope it will come back to its heigts

Bro @moinece36

Bitcoin will rise 20000$ in november 2018!

Only God knows what is going to happen in the future

this become very complicated now

I don't think and worry about whether it will go down or up. But there will be a revolution in financial system which we all facing since a very long from the existing banking system.