July 06, 2024, 01:28:08 PM

Welcome, Guest

News: Latest Bitcoin Core release: 27.0 [Torrent]

Bitcoin Forum>Bitcoin>Bitcoin Discussion

Author

Topic: Bitcoin drops to $4/BTC....... what would you do? (Read 2044 times)

bbit

legendary

Activity: 1330

Merit: 1000

Bitcoin

Quote from: ElectricMucus on January 19, 2013, 12:03:32 AM

I would wait till it drops to USD parity or lower.

If it were to drop this fast, further devaluation would be almost certain.

It's like pretty simple for me fiat or bitcoin yeah I think you know the rest....

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

I would wait till it drops to USD parity or lower.

If it were to drop this fast, further devaluation would be almost certain.

21after2

member

Activity: 112

Merit: 16

I wouldn't buy all I could, but I'd buy a decent amount while I could.

siesatsu

newbie

Activity: 28

Merit: 0

I would buy, but be very depressed to learn that my BTC I bought worth 13$ per have devalued so much.

bbit

legendary

Activity: 1330

Merit: 1000

Bitcoin

Quote from: K1773R on January 18, 2013, 11:48:47 PM

Quote from: bbit on January 18, 2013, 11:47:34 PM

I buy all the BTC I can.

same

Liquid gold! Tongue

K1773R

legendary

Activity: 1792

Merit: 1008

/dev/null

Quote from: bbit on January 18, 2013, 11:47:34 PM

I buy all the BTC I can.

same

bbit

legendary

Activity: 1330

Merit: 1000

Bitcoin

I buy all the BTC I can.

01BTC10

vip

Activity: 756

Merit: 503

Sell kidney for bitcoin.

mjc

hero member

Activity: 588

Merit: 500

Available on Kindle

I would BUY!

jojo69

legendary

Activity: 3220

Merit: 4387

diamond-handed zealot

sell house

Skirmant

member

Activity: 112

Merit: 10

Such is life in crypto paradise

Celebrate

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

The same thing we did when it was at 2$ Wink

SgtSpike

legendary

Activity: 1400

Merit: 1005

Quote from: Ryland R. Taylor-Almanza on January 18, 2013, 02:52:27 PM

Quote from: TraderTimm on January 18, 2013, 02:46:08 PM

I'd add to my holdings, in a second.

The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.

I agree. I don't see why price should indicate whether or not bitcoin has succeeded.

Because Bitcoin is only successful if lots of people value it, and lots of people valuing it will be reflected in the price.

Ryland R. Taylor-Almanza

legendary

Activity: 882

Merit: 1001

Quote from: TraderTimm on January 18, 2013, 02:46:08 PM

I'd add to my holdings, in a second.

The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.

I agree. I don't see why price should indicate whether or not bitcoin has succeeded.

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

Quote from: MJGrae on January 18, 2013, 02:44:59 PM

(i.e. as much as I could possibly afford while still being able to sleep at night)

This

TraderTimm

legendary

Activity: 2408

Merit: 1121

I'd add to my holdings, in a second.

The future isn't the dollar valuation of bitcoin - it is merely possessing bitcoin that will be key.

MJGrae

full member

Activity: 134

Merit: 100

Sold.

I think bitcoin, while still arguably in its infancy, is big enough that it would be able to withstand a massive sell off. I would buy a risk-adjusted amount relative to my risk capital reserves. (i.e. as much as I could possibly afford while still being able to sleep at night)

Spaceman_Spiff

legendary

Activity: 1638

Merit: 1001

₪``Campaign Manager´´₪

You mean absent an obvious reason (like mayor government declares war on bitcoin, a successfull attack or something like that)?

Hell, I would bend over to kiss my lucky ass and buy the hell out of it...

Bitconian

member

Activity: 101

Merit: 10

Last night I dreamed that the bitcoin drops to $4/BTC (now it's $15 yay

)

and I saw (in my dreams) many reactions, some sold all their btc because they thought that btc was a failure, some others bought more, some others just held.

What would you do if tomorrow the btc is at $4?

Bitcoin Forum>Bitcoin>Bitcoin Discussion

Jump to: