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Topic: Bitcoin will drop to $1 - page 3. (Read 2654 times)

sr. member
Activity: 518
Merit: 250
May 21, 2014, 01:00:32 PM
#25
Quote
So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.

Hi Polycoin, good to see you again.. still hoping to buy cheap bitcoins i see  Cheesy 
member
Activity: 83
Merit: 10
May 21, 2014, 12:44:24 PM
#24
I didn't like this statement at all, and I think this Is unrealistic statement. Bitcoin is going up and there is no way It will go back to $1 in any near future and If SOME HOW It will we will still benefit a lot In this time. I believe in BTC and I actually dreamed that It will go to $1347 in 9 months 4 days and 37 minutes from now.
full member
Activity: 126
Merit: 100
May 21, 2014, 12:31:59 PM
#23
Looks like OP forgot to add a m in BTC  (mBTC) Cheesy
Haha
Yes it can be happen! Cheesy
legendary
Activity: 1274
Merit: 1004
May 21, 2014, 12:28:38 PM
#22
Looks like OP forgot to add a m in BTC  (mBTC) Cheesy
g4c
member
Activity: 98
Merit: 10
May 21, 2014, 12:25:39 PM
#21
OP is correct, I have also heard rumours that bitcoin will soon have a divider applied, it's purely a language thing, one satoshi will still be the same, the new bitcoin will be 1 current millibitcoin.

The divider will make "coins" seem reasonably priced again.

Currently noobs and kids think "holy crap, i can't afford even one bitcoin, screw that!", but when they can get one for a dollar they'll do it.
The rumor is wrong.  There is some momentum on naming 100 satoshis = 0.000001 BTC = 1 microbitcoin = 1 uBTC = 1 bit = 1 XBT, but actually changing the value of a "bitcoin" or "BTC" is not in the cards.

It will not drop to $1 because I will buy them all at $1.01 each.

Chances of Bitcoin falling to $1 are slim to none, OP is befuddled if he thinks that is certain.

But having one unit be worth a few hundred bucks is off putting to new users.

1 bit (1µBTC) sounds good, it would give Bitcoin a $21 trillion market cap if we wanted to reach $1 per bit.

Admittedly that sounds way too high on first hearing, but it's perfectly achievable as current global household wealth is around $250 trillion.
sr. member
Activity: 266
Merit: 250
if you want something do something!!!
May 21, 2014, 12:24:08 PM
#20
GTFO here dude  Cheesy your crazy as fuck seriously where did you get those idea? is gandhi told you about that?  Cheesy
full member
Activity: 122
Merit: 100
I Quantum Leap to different worlds when I sleep...
May 21, 2014, 12:20:52 PM
#19
If Btc will drop to a dollar   Roll Eyes and all altcoins are based off of the price of Bitcoin?then that means polycoin will be worth a Haypenny!! Wait? it already is worth that much Tongue the prophecy has started................ Quick sell your polycoins !and buy BTC it will be worth 200x times more still Tongue
hero member
Activity: 854
Merit: 500
Nope..
May 21, 2014, 12:12:31 PM
#18
I'll gladly buy your $1 bitcoins...
legendary
Activity: 2646
Merit: 1137
All paid signature campaigns should be banned.
May 21, 2014, 11:57:56 AM
#17
OP is correct, I have also heard rumours that bitcoin will soon have a divider applied, it's purely a language thing, one satoshi will still be the same, the new bitcoin will be 1 current millibitcoin.

The divider will make "coins" seem reasonably priced again.

Currently noobs and kids think "holy crap, i can't afford even one bitcoin, screw that!", but when they can get one for a dollar they'll do it.
The rumor is wrong.  There is some momentum on naming 100 satoshis = 0.000001 BTC = 1 microbitcoin = 1 uBTC = 1 bit = 1 XBT, but actually changing the value of a "bitcoin" or "BTC" is not in the cards.

It will not drop to $1 because I will buy them all at $1.01 each.
sr. member
Activity: 288
Merit: 251
May 21, 2014, 11:55:18 AM
#16
Similarly, the sun will explode, and the dollar will drop to 1 statoshi.

Not anytime soon, probably, but it will.
g4c
member
Activity: 98
Merit: 10
May 21, 2014, 11:51:10 AM
#15
OP is correct, I have also heard rumours that bitcoin will soon have a divider applied, it's purely a language thing, one satoshi will still be the same, the new bitcoin will be 1 current millibitcoin.

The divider will make "coins" seem reasonably priced again.

Currently noobs and kids think "holy crap, i can't afford even one bitcoin, screw that!", but when they can get one for a dollar they'll do it.
full member
Activity: 181
Merit: 100
Better don't say if you don't know!
May 21, 2014, 11:49:22 AM
#14
I won't say impossible, but not possible Tongue
legendary
Activity: 966
Merit: 1000
May 21, 2014, 11:44:49 AM
#13
No it wont.
hero member
Activity: 1372
Merit: 783
better everyday ♥
May 21, 2014, 11:43:56 AM
#12
Please Polycoin tell me when it will drop to $1 so I can sell all my coins and all my personal belongings.

I believe in Polycoin!  Polycoin to the moon!!!


legendary
Activity: 1610
Merit: 1004
May 21, 2014, 11:40:48 AM
#11
There's no way it could possibly drop to $1 because there aren't enough. At the price of $1 everyone would want to buy, easily $21 million dollars worth.
member
Activity: 68
Merit: 10
May 21, 2014, 11:35:53 AM
#10
Well, the good news is that Satoshi will still be a millionaire, and the Winklevoss twins will still have $100,000 worth of Bitcoin!
full member
Activity: 196
Merit: 100
May 21, 2014, 11:32:03 AM
#9
I know! I know!

The Fed will realize the wrongness of their ways and start contracting the dollar supply thus creating deflation and you'll be able the buy a new car (or Bitcoin) with $1 US!
hero member
Activity: 770
Merit: 500
May 21, 2014, 11:18:43 AM
#8
So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.
the world will end one day as well.
full member
Activity: 196
Merit: 100
May 21, 2014, 11:17:05 AM
#7
The OP must mean that a bit will reach $1 in value.
full member
Activity: 224
Merit: 100
Professional anarchist
May 21, 2014, 11:16:57 AM
#6
So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.

If you could perhaps give us a time frame, your prophecy might be upgraded to "stupid".
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