Are you guys happy if bitcoin will dropped to $10k? Why? - page 5.

DoublerHunter

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Quote from: zanezane on March 30, 2021, 08:08:46 AM

Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.

^ That's right, it made me happy too and accumulate BTC from signature campaign earning. I remember before when BTC price is around $3k, it almost in the bottom price as they say. There is a good amount of BTC in all signature campaigns because that is based on the dollar, imagine before in my weekly campaign I received 0.01 BTC per week, but now it is only 0.001. Nevertheless, not all people will happy to see BTC price will drop and for sure those are had already BTC, they are holding it until now and hoping BTC price will reach $100k non this year.
But I doubt the BTC price will not down even below $30k.

bisdak40

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Though i still don't have that much bitcoin but i would not it to drop to $10K.

I believed in the saying "The best time to buy bitcoin is when it is below $1 and the second best time to buy it is now".

So instead of wanting bitcoin to drop to $10K, buy now and hope it would reach $100K.

SquallLeonhart

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Quote from: Ibrahim60 on March 30, 2021, 06:44:40 AM

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.

The topic is not about do you think bitcoin will be 10k or not, it is about would you be happy if it did dropped to 10k. I know it may not make sense to people who hold bitcoin and bitcoin maximalists because it means that bitcoin will drop and that's not something you would be happy about if you are either of those things. However if you were out and you were afraid to get in and it went up too much before you could get in, you could be hoping for the price to go down so that you could buy and profit like everyone did today.

So there are some people out there, who hope for the price to be 10k, buy bitcoin, wait for it to be 50k+ and profit 5x like we did who bought at 10k or under. I know it will not happen, but those people would be happy if it happened. Of course it is not going to be question of will it happen because we know that is very unlikely nowadays.

peterpanda

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I missed the opportunity to buy bitcoin when it was around 3.5k. But at this time, I'm unable to buy huge amount of bitcoin because price is out of my hand. If price goes down 10k again, it will be a chance for me to store some bitcoin. Though 10k is really tough for bitcoin if we think current price of it.

zanezane

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Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.

btc78

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

if we come to know this coming then why Not be happy when the Price fell down that Low?

Imagine selling your Coins now and wait for that Drop point?

But the thing is this, "Are we Having any Chance to Know this comes"?

The answer is Simple , No this will happen without us noticing.

But I will be happy if this happen because i will surely add more from my Fiat funds as i have seen how far bitcoin can reach.

Fredomago

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Quote from: Ibrahim60 on March 30, 2021, 06:44:40 AM

Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.

There are good support coming from institutional investors who understand the emotion of those weak holders, whenever the price
fall there are investors who are willing to take it and hold.

It's a good venture when you get that chance buying Bitcoin at that level, though with the current value to fall down to $10K there's
a big reason why it will happen right? make sure to understand and make sure that you are willing to take the risk and patiently waits
for another good bounce back.

Ibrahim60

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.

harizen

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I don't mind the fall but I'm more concerned about what will be the reason for that price dropped.

If it will happen within a year slowly, then maybe it's fine and not an overnight dropped. Market-related fall, and not because whales are doing some unreasonable big dumps.

I also like that idea of bitcoin price dropping to $10,000, that's a great opportunity to all, but if that's all about big institutions pulling their crypto investment, then I'd rather not see it anymore. That dropped to $10,000 might become one of the reason why investors should not take part again on buying crypto.

Hamphser

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Quote from: arufox on March 29, 2021, 06:23:48 PM

I chose yes because this is the time to fixed past mistakes but I think we never meet that price again, Bitcoin already strong, so many institutions invest in Bitcoin. For now, let's see the truth that bitcoin is already so high, it's time to find another jewel that has the potential to grow like Bitcoin.

The question is that are you sure that there would be some recovery after such price drop? Sounds easy for you to say that you would be buying that drop but when we are already on the situation then for sure there
would be some change of plans. Grin

Questioning if i would be happy if times like that do happen? If i had sell off my coins on peak then i wont really be that much off affected but if not or simply had missed out
to cash out and lost all of my profits then that would be a disaster.

Buyback would really give you some hesitance.

arufox

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I chose yes because this is the time to fixed past mistakes but I think we never meet that price again, Bitcoin already strong, so many institutions invest in Bitcoin. For now, let's see the truth that bitcoin is already so high, it's time to find another jewel that has the potential to grow like Bitcoin.

FinneysTrueVision

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I would be upset that my bitcoin didn't have the same purchasing power as before but I would see it as a great opportunity to accumulate more BTC. Something catastrophic would have to happen for the price to go down that low so it is an unlikely scenario. I'm not really obsessed with the price so it would only be a minor inconvenience to me if it did happen.

STT

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A move to 10k could be viewed like folding steel, the hammer blows and continued process to test fully the pricing in such extreme ways and yet still resolve upwards afterwards is ironically a form of strengthening that likely allows such seemingly impossible heights to Bitcoin like 100k estimated for many years but dismissed by most until recently.
It can spike upto 100k tomorrow but we also know it would be weak once there and likely return again and possibly be damaged in that process. A spike down to 10k would be extreme but is quite possibly accepted still as a good test in the way many things structurally must be overly tested. Another note is not all prices are equal, a sharp move down to 10k and quick recovery is not as important as the headlines written might suggest.

2double0

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I am biased on this question as it could be:

Yes because we all will get the golden chance to buy back btc at those old low prices.
No because it will shake so many institutions' confidence that they will never touch btc back again. This looks more viable as an option to me.

decodx

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Quote from: doomloop on March 29, 2021, 12:19:38 PM

I believe that going up is the only direction that people with bitcoins would want, that would be profitable for all of us, going down on the other hand is only profitable for people who hate bitcoin and would never buy it so they want us to fail, and people who do not have any and want to buy some when it drops.

The point is that the faster and higher we go, the more interested the uninformed will be, and the more the uninformed will buy. Bitcoin is like a hedge fund, and like a hedge fund if you buy and sell in the right place then you can make money. Why doesn't anybody do this? Cheesy

doomloop

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Quote from: justdimin on March 28, 2021, 12:01:05 PM

I think people without bitcoins would want it to go under 10k and that's true, but there are people with bitcoins who wants to buy more bitcoins as well, that's another approach. I have some bitcoins, as much as I can afford to buy without changing my life, and I can say that it would be great if the price went to 10k, because I will be capable of buying more bitcoins as well and I would get rich when it reaches back to 50k.

You have to realize back in the day when it was 20k and dropped under 4k people talked about how it will never be 20k again because it was a onetime thing and we blew it and will never be there ever again, but right now we are looking at something much bigger at 55k which means that we did move beyond 20k. So, if it reaches to 10k, that means we will go above 50k eventually again, and that's why I would be fine with a drop so I can buy more.

I am not sure if people who own bitcoin would want it to go to 10k, they would rather see it go up. I mean I get the notion that if it goes to 10k you will be capable of buying more and then it will return back to over 50k so you are going to make more profit from that.

However if given the choice of 100k or 10k they will pick 100k each time. Why? Because even if you can't buy more from cheaper price, on 100k that means you have just doubled your money all over again, that's a great thing and everyone would love that, you can buy later when it drops back to 50k instead, that would be much better.

I believe that going up is the only direction that people with bitcoins would want, that would be profitable for all of us, going down on the other hand is only profitable for people who hate bitcoin and would never buy it so they want us to fail, and people who do not have any and want to buy some when it drops.

Pokapoka124

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

There's a saying what goes up must surely come down. But I doubt if we will ever see $10k again. Something unexpected will have to occur for that to happen like the corona virus in March 2020. We saw a dump to $5k which was a good buy although I missed out on that one because I had all my money stacked in btc and other alts. At the time a massive dump was the last thing I needed. Now if we see a significant dump God knows I'm praying for one. I have usdt waiting to buy the dump.

justdimin

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Quote from: WatchMaker on March 28, 2021, 06:22:17 AM

No. Because only people without bitcoin would want bitcoin to drop below $50,000. Of course, if you want to buy bitcoin now you would want bitcoin price to drop to $10,000 to have a lower bitcoin price, which is a big buying opportunity for you (fantasy). But remember lots of other guys are holding bitcoin too are also fantasizing the bitcoin price to reach $100,000 or even 200,000, some of the most bullish ones are thinking of a million in few months

I think people without bitcoins would want it to go under 10k and that's true, but there are people with bitcoins who wants to buy more bitcoins as well, that's another approach. I have some bitcoins, as much as I can afford to buy without changing my life, and I can say that it would be great if the price went to 10k, because I will be capable of buying more bitcoins as well and I would get rich when it reaches back to 50k.

You have to realize back in the day when it was 20k and dropped under 4k people talked about how it will never be 20k again because it was a onetime thing and we blew it and will never be there ever again, but right now we are looking at something much bigger at 55k which means that we did move beyond 20k. So, if it reaches to 10k, that means we will go above 50k eventually again, and that's why I would be fine with a drop so I can buy more.

DevilSlayer

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Why would I become happy if I saw that the price of the bitcoin will decrease like that, I have average amount of bitcoin that can help me to achieve my current goals in life so I will not be happy if the price dumped in that level. I'm not a type of investor who will said "sale" even the market already saying it is bearish wherein we should stay away especially if you are not used in that kind of movement. I'm a trader who loves to trend follow and for me it is better if I will just stay away if the bitcoin already show some red flags where it can affect my capital also my trading psychology. If the price goes down like that, it doesn't mean that it is already perfect time to buy, always create plan and strategy because anything can happen in the market.

aioc

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Quote from: Questat on March 25, 2021, 07:26:42 AM

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.

Since you want an honest answer I picked yes, I loss my opportunity to buy when it hit $5k last year, and if it dropped again to $10k I'll make sure I have funds even tot he point of selling some of my property to buy Bitcoin, but with how the market is going right now I doubt if Bitcoin will drop to $10k level again, if it will drop it will take some time.

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