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Topic: At what exchange rate would you call Bitcoin dead? - page 4. (Read 4425 times)

legendary
Activity: 1386
Merit: 1027
Dump it!!!
any thing below 400 dollars should be considered dead
because i remember bitcoin failing to break this barrier for some time
and am sure if prices were to go that low some mysterious altcoin might be double its value
sr. member
Activity: 364
Merit: 250
Well I would only consider it dead if its price is $0,
But maybe I would sell all of the coin that I have if the price drop back to about $500.
hero member
Activity: 882
Merit: 506
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

At first I thought I'd sell everything if Bitcoin goes under $50 but then I realized that it wouldn't make much sense since in that case I'd have enough to buy a couple of  6 Packs Of Beer. So the answer is never. I'd better hold my coins even if they go close to zero, hoping that Bitcoin will rise again.

By that time that happened, how much bitcoins were you holding at that time? If bitcoins drop to $50 I think would not sell to, as it is not worth it anymore to sell, it would even be better to just keep it and not even move it anymore. Wait for it t appreciate again. If it doesn't then I lose $50, nothing really hard to lose.
legendary
Activity: 3374
Merit: 2198
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Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

At first I thought I'd sell everything if Bitcoin goes under $50 but then I realized that it wouldn't make much sense since in that case I'd have enough to buy a couple of  6 Packs Of Beer. So the answer is never. I'd better hold my coins even if they go close to zero, hoping that Bitcoin will rise again.
newbie
Activity: 1
Merit: 0
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sr. member
Activity: 546
Merit: 257
if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

It will die in a price where there are no price after all, that is why it is dead, no one is using it and neither planning of using it. Still, I dont think that bitcoin will die, we have a lot of problems this month concerning this forking, yes, the bitcoin price dumped but just after weeks it is regaining again it's current price.

Many users trust bitcoin, and they really love it, we just need to trust bitcoin, let the people with brains and money debate about the major problems, I am just a user, and I can't help them, so I will just sit here and wait for a good news.
hero member
Activity: 1246
Merit: 529
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if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.

I don't think so. Coming from the current price, i think if bitcoin drops to that low that going to be it. Another currency may take over as the top crypto like etherium. But i don't think its possible now that btc would drop to that amount. I think there's now nowhere to go but up for btc
hero member
Activity: 2464
Merit: 594
Bitcoin Casino Est. 2013
I will not consider the exchange rate to tell bitcoin die because as long as there are users using it the network wouldn't stop on working... Investors, traders and others will keep on buying bitcoins because they have faith on it. Gambling and trading gets more popular because of BTC so they will not let it die.
legendary
Activity: 2366
Merit: 2054
if Bitcoin die, bitcoin will have a price of $ 1, many people will continue to use bitcoin, although prices are still falling. developher patent bitcoin prices in the price of 1 $, using bitcoin looks still more than gambling and traders.
hero member
Activity: 2436
Merit: 516
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Currently the bitcoin is dead alike. it has gone devalued from $1230 to $1000
Is this out of hatred of what? But I got to know at $300, mining will not be profitable but at a loss, so miners might not be willing to continue again. This might lead to a great technical problem because of the of the size of the blockchain now.
hero member
Activity: 1764
Merit: 584
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 
No, The bitcoin network is completely broken. Bitcoin is not dying but the network is dying. That really sucks honestly. If there will always be demand in the future and the bitcoin will not die.

Unfortunately, yes. All these technical problems and the split on how to fix them could really lead to bitcoin's decline. The worst case scenario is that after the split into two coins, enough people would leave bitcoin that the price never go past a $100. I suppose there would still be people who would be using it for trades but that would crush the dream of bitcoin becoming a common global currency. Oh well, I suppose there would be people who would never give up on that and keep going.
hero member
Activity: 2996
Merit: 524
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Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 
No, The bitcoin network is completely broken. Bitcoin is not dying but the network is dying. That really sucks honestly. If there will always be demand in the future and the bitcoin will not die.
hero member
Activity: 840
Merit: 502
Currently the bitcoin is dead alike. it has gone devalued from $1230 to $1000
That is not even close to being dead, it lost an important amount of value that is true but this is nothing close to the crash that happened in the past, so it is very clear to me and anyone that bitcoin is going to recover from this setback sooner or later.
hero member
Activity: 1092
Merit: 520
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

I really cant see bitcoin ever being dead, for it to ever reach 0.00 the whole network would have to be completely broken.  there will always be someone who will pay for bitcoin including myself. 
member
Activity: 61
Merit: 10
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I think even if Bitcoin was at zero, the currency would not be considered dead if there were users mining it or running nodes. So it's not just a question of price, but the amount of support the chain is receiving.
sr. member
Activity: 686
Merit: 253
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

That will definitely be 1BTC =$0 , until we get here I will keep faith with Bitcoin and see it rise through thick and thin to become a global cryptocurrency.
hero member
Activity: 3024
Merit: 745
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I don't have my special rate that will totally dump all my coins to think that bitcoin is dead. Because I believe that bitcoin isn't going to be dead and instead it is becoming stronger though it has a lot of happenings of it's price decrease. That is why I keep on believing that bitcoin isn't going to be dead and I really don't think about it at all.
hero member
Activity: 1078
Merit: 514
My number dead line is 50$ per 1 BTC. It that case it would stop to me to have a sense to work with bitcoin and try to collect it. Cause of I make like 0,1 BTC per month now and even now it's not so big money. So if bitcoin fall I will search other ways for underworking to myself.
hero member
Activity: 3080
Merit: 603
Do you have a special exchange rate in your head where you would totally dump all your coins because you think Bitcoin is dead? What is your magic number?

The rate that I will actually dump bitcoin is on $0.00 if the price reached this amount then I will personally have the regret that bitcoin isn't worth it. But of course to think about this on a positive thought before dumping the price should go up higher than it's current price then that will make me dump almost all of my coins.
Even if governments do some kind of regulation against the bitcoin, that won’t kill it the bitcoin will still be used.
The price may drop yes but it won’t be long time that it will rise again, the point is as long as people keep using bitcoin and believe in it as long as the bitcoin lives even if it reaches $0.5.

Yes even though there will be government associated issues bitcoin won't be dead that easily. As we know that there are a lot of people who are going to make the price pumping. It's already proven for several years now and even the price dropped rapidly these past days. Still it doesn't mean that bitcoin will be dead.
hero member
Activity: 826
Merit: 500
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I wouldn't dump. Even if it reached 10$.

Simply because I have a fiat wallet and a coins wallet. If a value drops, then the other one is here for a reason.
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