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Topic: Are you guys happy if bitcoin will dropped to $10k? Why? - page 8. (Read 1344 times)

sr. member
Activity: 2800
Merit: 344
when lambo...
If you are buying Bitcoin during the bullish season (above $10k), you really feel discomfort when the Bitcoin price will fall.

But if until now you don't have any BTC's in your wallet because of an early selloff, it is a great opportunity to start. But the question is if there is a possibility to reach it back again since the volume of users, investors, and traders are growing?

To answer that OP's question, I say YES. Though I have some BTC's, I wanted others to have a chance to make a buy at a cheaper price than the current price.
donator
Activity: 4732
Merit: 4240
Leading Crypto Sports Betting & Casino Platform
I wouldn't be happy if the price dropped.  What kind of person would be happy for the losses of others?

That being said, so long as the price hits $200K, I don't give a flying fuck what happens after that.  I never signed up for this store of value nonsense to begin with and don't believe in it's long term ability to succeed in freeing anyone from global financial slavery, stopping any wars, helping the unbanked, or adding transparency to the activity of publicly traded companies.  If the price can't even hold a store of value, Bitcoin would be completely useless.  Let's not hope for that.  At least there's still some people who can become millionaires first and free themselves from financial slavery.  
legendary
Activity: 3066
Merit: 1101
Leading Crypto Sports Betting & Casino Platform
No, that will make many people think that bitcoin is a pump and dump scheme or the manipulation in bitcoin price movement can always be happen by some whales. Also, the increasing price right now will not happen if there is no pandemic like now. Yeah, I guess coronavirus factor is one of the causes bitcoin price getting high price.

Many people think that bitcoin is like gold and can be used as a store of value. As we all know, when the pandemic came almost all investment place instrument was experiencing a decreasing price a lot. They were thinking that money fiat will fall and give a bad factor to the investment place. But, it doesn't happen to bitcoin, its price just reach the new all time high.

anyway, such price level is somewhat far from happening considering the conditions of the crypto market right now. the adoption and support in bitcoin today is very different as compared to previous years. going down to 10k, i wont say, wont happen but the chance is very small. unless, these financial institutions start dumping their bulk of coins. and i dont think, they will do that.
btc payment system is also growing - paypal, tesla, what's next? just check your local area which merchant started to accept crypto...
but in case the price will go down, lets say even 20k, i think this will be good time to buy more of your btc stash. this is what a lot of people are waiting for.
hero member
Activity: 2688
Merit: 625
YES    - 7 (38.9%)
NO    - 6 (33.3%)
I don't care. - 5 (27.8%)
   
Total Voters: 18


Poll results are almost equal and i did choose on I dont care. I do held some coins for long term and if that case happens then i would
have the chance to accumulate cheaper coins since you have already the experience or awareness about the potential
price peak that it can possibly reach.So instead on getting afraid then see this stuff to be an opportunity.
full member
Activity: 1330
Merit: 147
No, that will make many people think that bitcoin is a pump and dump scheme or the manipulation in bitcoin price movement can always be happen by some whales. Also, the increasing price right now will not happen if there is no pandemic like now. Yeah, I guess coronavirus factor is one of the causes bitcoin price getting high price.

Many people think that bitcoin is like gold and can be used as a store of value. As we all know, when the pandemic came almost all investment place instrument was experiencing a decreasing price a lot. They were thinking that money fiat will fall and give a bad factor to the investment place. But, it doesn't happen to bitcoin, its price just reach the new all time high.
sr. member
Activity: 1176
Merit: 279
Nothing is very impossible but to me I don't think it will be happening anytime soon, Bitcoin is staying up for a long time already. It would have done the same thing it did in previous years during the month of March but went against the popular sayings that "March is a bear season". If it goes below $10k I will be happy to buy few sats as well.
hero member
Activity: 2702
Merit: 704
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.
Honestly I do not think that is ever going to happen again but I will accept your scenario just for the sake of argument, if that happened I will be happy, that will allow me to buy bitcoin for an enormous discount and I will do everything I can to load the most bitcoin I could at that price.

After that I will just need to keep holding my coins and wait until a new bull market came and gave me profits on those bitcoins, I know many people will be mad about this especially those that bought at 30k and above but if there is anything the 2017 bubble show us is that bitcoin will given time eventually surpass its previous ATH.
hero member
Activity: 1428
Merit: 931
🇺🇦 Glory to Ukraine!
but the possibilities always there, we witnessed this things happened way back and the bounce take place after that huge fall,
maybe same thing or maybe it won't go that far anymore.

Yes, the price was low. But given a long enough run up in the market, a significant drop is inevitable. The market will test the price again.
The $51k price was just that, a price at which the market would test the price to be down. But that drop is almost guaranteed for it to go up even higher after that.
Buying a coin at the current price of $51k makes a lot of sense at the moment, but just wait for that pump to happen. It might not come tomorrow or even this week, but I do believe it will.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
yeah it's sad to see that the price still lowering to 52k now and looks like there are still a warning of falling down .
Those people who had sold their coins back in December as weak hands are those people who wanted price to fell down to 10k so they can correct their mistakes and also those Bag holders that loves seeing the price going pumping and dumping .

Indeed, only those will want to see bitcoin at $10k to fulfill their bags with bitcoin and make huge profits in the long run as bitcoin has been growing from the begining or uptrend in simple word. Although bitcoin is currently taking a short correction at this moment as $6.1 Billion worth of Bitcoin Options will be expried tomorrow and bitcoin might sure to take a pullback again just like what's happened at the starting of this month. BTW, bitcoin might hit $20k even bear market will happen in the upcoming years.

It's unpredictable still, but for sure there are people who wanted to see this level in order to rush in and start investing to this asset.

Some also are those who already involve to this market but aiming to buy for more, we really don't know what might the possible reason in terms of pulling the value back to this level,

but the possibilities always there, we witnessed this things happened way back and the bounce take place after that huge fall,
maybe same thing or maybe it won't go that far anymore.
sr. member
Activity: 1428
Merit: 275
BitByte Crypto: https://link3.to/bitbytecrypto
yeah it's sad to see that the price still lowering to 52k now and looks like there are still a warning of falling down .
Those people who had sold their coins back in December as weak hands are those people who wanted price to fell down to 10k so they can correct their mistakes and also those Bag holders that loves seeing the price going pumping and dumping .

Indeed, only those will want to see bitcoin at $10k to fulfill their bags with bitcoin and make huge profits in the long run as bitcoin has been growing from the begining or uptrend in simple word. Although bitcoin is currently taking a short correction at this moment as $6.1 Billion worth of Bitcoin Options will be expried tomorrow and bitcoin might sure to take a pullback again just like what's happened at the starting of this month. BTW, bitcoin might hit $20k even bear market will happen in the upcoming years.
full member
Activity: 1568
Merit: 100
COMBONetwork
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.

of course I would not like it if the price of Bitcoin was at $ 10k or below $ 20k,
because I have already bought Bitcoin over $ 20k, therefore I hate dumping,
to be honest the fear I feel is that it happens, but I believe that bitcoin is still very bullish.
legendary
Activity: 2800
Merit: 1128
Leading Crypto Sports Betting & Casino Platform
Definitely not. $51k is in and likely to go down $50k again. Those who have missed buying bitcoin at the lowest will definitely be happy to see that drop and there will be more FUD again in the market after seeing the price to be down as it is today.
I guess this is already the month that has been compared with the same month last year but this is still way better than that.
I believe we are getting another correction and that's not a bad thing, after all those options are broken (six billion dollars worth) there were suppose to be a bit, it is not a shock, and I think it is quite obvious that we should not be going up today, or maybe even tomorrow. I think whatever it drops it will drop now, after that it will not drop anymore and I believe we are going to make a good difference.

Of course this is just something that doesn't mean that we will make a profit right away neither, I do not expect it to go down much but I do not expect it to go up a lot neither, it will probably not break over 60k anytime soon, and when it does it will be doing much better beforehand, not a 8%+ drop and then a 15%+ increase so that is why I think anyone who buys today should be ready to wait for it to go up for a long time and not right away.
legendary
Activity: 3738
Merit: 1708
Everybody wants to buy bitcoin at $10K, right now. However I guarantee you that if bitcoin was crashing and eventually reached $10K, nobody would want to buy it. They would say, why buy at $10K when you can buy at $5K.

This basically happened twice in the past. When BTC was $20K, people wanted to buy it at $3K. Then when it crashed down to $3K, people were calling for $1000 bitcoin. It never happened. Same with March 2020, bitcoin was almost $10K, and then started to crash down below $4K. You had many opportunies to buy in mid $3K. But people were calling for 3 figure bitcoin. Instead people sold at $3.5K instead of buying.

So even if it goes to $10K, nobody will be buying it except the institutions.
sr. member
Activity: 1526
Merit: 420
It will be great advantage but I think the possibility that it will go down to $10k is very slim. Going $10k level is gonna be crucial to other holders and it might induce fear domino effect to weaker, however it will be a big advantage for those who have waited for the massive dip.
legendary
Activity: 1652
Merit: 1265
$10k can only happen if the fundamentals of Bitcoin would break. So yes I would not be happy....
STT
legendary
Activity: 3878
Merit: 1411
Leading Crypto Sports Betting & Casino Platform
Depends on how the drop is defined as a year ago it was a good trade and quick a brief sell off to the extreme lows.   If you like trading then some people will definitely appreciate this occurring for the price difference they can realise in their trades.    A longer period would remove some confidence as to how this happens but a price of any asset can move to any level, depends on volume also and extreme events in price context.
  I would quite surprised if we moved past the 200 day average for the whole of 2021 even if negative from now on that'd be quite alot to turn around and trade below.   I dont think we will just quite a few have got used to sugar high and think its always going to be that way, normal boring ever lower markets is just part of the weather pattern.
legendary
Activity: 2282
Merit: 1023
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 are looking for hypothetical answers you will get different responses, the price right now is above $50k and we know that the price would rally even if there is a major correction, so i would be happy to enter the market what ever be the price after the major correction and i will be holding the coins till the next halving.

First and foremost do you think the price would drop to $10k, if that is the case you will hear the naysayers calling the market the biggest bubble and i am not expecting the price to go that down.
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
Are you guys happy if bitcoin will dropped to $10k? and Why?

no, i will be very confused because there is a difference between price dropping and price crashing super hard.

of course i will always be happy to see a price drop but only when the drop size is reasonable. that's because i can obviously buy more bitcoin with the money that i don't have right now but will have in the future (i dump extra fiat i have regularly).

but such an unreasonable and massive drop to a price that is way below the intrinsic value of bitcoin would surprise me and would make me wonder what the hell is wrong with people for selling like that!

lets say you had to pay $500 for an apartment and suddenly they started asking for $80 (same dump as your example). wouldn't you wonder what is wrong with that apartment for dumping that much?
now if the dump was to $450 that would be a different story.
or if the apartment was asking for $1500 then it dumped down to $500 then it was again another story entirely because the initial value was too high to begin with.
in case of bitcoin $60 is too low.
sr. member
Activity: 1414
Merit: 265
Pepemo.vip
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.

At the moment I am investing mainly in altcoins, so if this decline in the Bitcoin price would not negatively affect the prices of other cryptos, I would be very happy, because with $10k per BTC, I would definitely transfer all my funds here. But I'm afraid it's very unlikely that we'll ever see a price $10k / BTC again, even with a very long bear market.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
I have two feelings if I see bitcoin dropped to $10k. First feeling, I do not sell all of my bitcoin and still have the bitcoin in my wallet. And the second feeling, I am happy to buy bitcoin at $10k and hold it although I do not know how long I will hold my bitcoin, but I hope that will not takes too long so that I can sell it once the price increase.

But no matter what will happen to bitcoin, I will follow the journey, and I hope I can use the chance to buy low and sell high. But I wonder if that can happen this year because we already reach $50k.
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