Topic: Buy $20k when bitcoin falls to $1? (Read 498 times)

He's just a little funny, even the most pessimistic person doesn't think it will happen. Bitcoin to fall at a price of $1, you think it's very unlikely but I think it will never.

As much as I believe that bitcoin can fall as low as it wants and not assume there would be some pretty strong resistance in some point, I will also say that there are just some values that are ridiculous which is the type OP mentioned. $1 is far from it, and we would be very lucky if we even get to see $1000 or even $2000 and in that case, I am sure no one will be stupid enough not to want to grab those, but all these are more like dreams, and this was the same reason a lot of people missed previous dips in the past while waiting for lower amount and then ending up joining FOMO at the end, before they end up joining when they are already having grey hairs.

maybe if he has a time machine, he can go back to the early time so he can buy a lot of bitcoin and back to here so he can sell his bitcoin in any price he wants. we only can buy bitcoin at now and we have many option price to buy and we can also hold the bitcoin until the price can increase higher like in the last year. although we really want to buy bitcoin at $1, I think it's impossible because bitcoin price now is more than $69xx and we don't have any chance to buy at $1 because it's already happening in the past.

A good strategy but it sounds like a joke, the movement of bitcoin is determined by many factors, so if you wait for bitcoin to fall at a price of $ 1, it's very unlikely.

LOL everything can go wrong with this strategy.   I do hope you also have Plan B.

Why do you think Bitcoin will be back to $1?
#1 If you expect Bitcoin will return to $1, then possibility could be below 1%.
#2 Why u waiting Bitcoin to being burst and falls first if you want to making investment for long term hold?
#3 Every people has own strategy and planning of investment objectives from Bitcoin hold. what about you?

there is nothing wrong with your strategy, there is no choice but to hold. even in the next 20 or 30 years, but the price of bitcoin will not fall to the price of $ 1.

It's just a dream. If the price of BTC is really back to 10,000 dollars, then I don't think you will buy BTC. The people who will buy BTC will not care too much about the price.

Do you think that the price will drop to that level? If you think so you are the foolish person of this world. How is it possible? The price is growing day by day and you are talking about the fall which is unbelievable and beyond the mind. Don’t worry about the price and don’t wait for more dip in the price. You will never find that opportunity and will miss this one.

Are you kidding me? Bitcoin will burst and falls to $1? First, your "strategy" is not really a strategy but only a dream. I don't think that bitcoin will fall as long as $1, because obviously there will be a lot of buyers when bitcoin hits $100-$1000 (for the sake of argument). You will have to wait for the day that will never come and your strategy what very flawed from the beginning. Why don't you just invest on bitcoin when its on a dip or the last bottom ($5,800) and then hold on it for the next 10 years?

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Yeah it is good idea but do you think that it will even happen? I don’t think so. $1 means that bitcoin is crashed and people will never invest their money in such a currency which would fall to such level. It is not sensible. If the price doesn’t fall to such level will you not invest in bitcoin? Your thoughts tell that you will not invest until a big dip in the price.

It will never drop to such level but in any case it happened I will buy lots of bitcoin for my future. The price is rising day by day and people are thinking of $20k, 30k and $50k and you are thinking opposite. It is not good and it will never happen. If the price falls to such level most of the investors will out their money in Altcoin because of the fast growing market.

Lol. You think there'll be any investors who would have interest if it goes down to 1$? Bitcoin is basically a dead coin if that happens plunging from 20k and that would mean that even whales sold out on their bitcoins. Your 20k would be better off feeding homeless people.

we have pass that level when bitcoin can fall as low as $1.I do not think bitcoin will fall as low as $1,000 again because I do not find this in the technical equation. However in ten years to come we should expect bitcoin to go as high as $500,000 and we may make good money if we buy now.

What wrong with this strategy?
Just a little mistake that bitcoin will never fall to $1, only if blockchain was hacked with a QC or something like that, if it happen it mean that btc is dead and will be $0.

Some people is waiting for the $4k or $3k dip, i guess that bitcoin will never fall bellow this again.
Anyway, if you believe in bitcoin, just buy right now even at $7k and hold 10 years, you don't need to wait $1.

Who said to this op bitcoin price will goes the scratch value again. This kind of non sense thread should not be here on this forum or elsewhere. Bitcoin will be stay stable or go to peak value again. Apart from there would not any problem to you.
Kindly check the price changes and make your investment accordingly you will find the rapid growth instantly if you see the growth well in the market.

Yes, it is very good but if you wait for bitcoin to fall $ 1 it will not happen. And I think when bitcoin falls in the $ 1 price it means the bitcoin will disappear and be replaced by another coin.

instead of wishing for things that would never happen you should have took your head out of the sand and bought bitcoin. if you had done it then you would have already made $1000+ profit on each bitcoin because of the small rise that happened while you were in dreamland

This thread is a brain cell reducer

Actually it can happen, A lot of things can really happen with the price of bitcoin, Unexpected things may come up in the future, And if that $1 price can really happen no one will ever trust it anymore so it is nearly impossible to do so, I really think with that amount of money it is still cheaper to buy bitcoin I really think it will never gonna back down for a while and we might see another bull run, But as I am saying anything is possible on whats gonna happen with bitcoin in the future but making a possible $1 price for bitcoin it will render useless to anybody.

I do no think bitcoin will go further down low. Its hard to hold bitcoin for 10 years since a lot of things can challenged on bitcoin price and most thinks when it will happen the stop of bitcoin to perform. However, bitcoin will not fall for that price so low since a lot of users who really involved in bitcoin daily.

Don't think of "never recover" or price falling into $1 because at the moment it's impossible to happen. Better don't invest you are kinda negative thinker and seems you can't handle the pressure if ever. You still haven't invested $20k and yet you seem in panic already.

Nope it's not good idea holding bitcoin for 10 years chances are bitcoin will go zero value, maybe you should wait increase bitcoin at least $2 then you sell your all bitcoins, but this not gonna happen that bitcoin falls to $1.

How do you assume bitcoins is coming to 1$. This is a pure day dreaming because I don't foresee any event that will caused bitcoins to fall even to 100 USD than to talk of 1$.

That would be right. Bitcoin would not go down to as much as $1 given the situation that we are in now. If ever that would happen then, then something might have triggered the sellers so they just took whatever price the buyers are willing to buy and in that situation, price may not be able to recover because bitcoin may have already lost its value. This would be an extreme case and it's less likely to happen.


This is the reason why it is impossible at the moment for the price to go down to as much as $1 because many buyers are willing to buy when the price goes lower even if it is still worth thousands.

The reason why most of the people today are losing a huge amount their investment is because of bitcoins price that is dumping and they invest while it was at a very high value in the market.

- Bitcoin is not a bubble and it will not burst to $1
- I will buy 100 BTC even if it hits $100 per coin but I don't think price will ever reach that range
- You don't need to hold for next 10 years, 2-3 years will be enough for bitcoin to recover
- Bitcoin can't fall to 0.00
- Everything because it will never reach $1 so you can't buy bitcoin at first place.

Do not bother to even think about it, that is never going to happen, the price is never going to fall to one dollar for each bitcoin, you are just hoping for something impossible if you want to try that strategy you have no option but to invest in icos, many people complain about how it is unfair that the early adopters got those profits but they invested not knowing if they could lose all their money and if you want to make profits like that then you need to take the same risks as they did with new coins.

It's a great dream. Do you think the BTC could actually drop to $1? My idea is that if the BTC can go down to $1,000, then I'm going to spend all my money on BTC.

I don't think that the whales will allow the price of bitcoin to go lower than $1k as they will lose the control in the market with many investors will take the opportunity to buy bitcoin. Although we are in crypto with lot of surprises who knows if that will gonna happen.

well, wait for bitcoin prices to fall up to 1 $ i think is a stupid thing. thinking to wait, and not taking advantage of the conditions that currently exist, is a strange thing. better focus on current prices, and expect higher prices, rather than waiting for things that do not want to happen.

$1 is something that must have been caused by a serious news that could probably be leading to the death of bitcoin and in this case bitcoin becoming irrelevant anymore with a huge sell off, so in the case that this is not there, that is a reasonable amount to reach and that is not just by bitcoin bubble getting busted because it is not realistic.

Fortunately bitcoin now showing some stability around $7400 levels which must be a good symptoms for prices to move further positively still we have already gone through the huge correction after the value was inflated last year, and now we have to deal with it, and look forward to a good demand zone.

If it falls to $1 it's not a good idea to invest that much because it's chances of going up again is very small and there's probably a better alt to invest on if Bitcoin became worthless. It can go to 0 if it falls to $1 but with the current situation of Bitcoin this won't happen because there's too much money pouring in and more to come with the expected halving on 2020.

I will still invest my money in bitcoin if the price down to $1 because I know that is my chance to buy as much as I can and hold for a long time. but I don't want to use a lot of money and maybe I only want to use for about $1,000 or less so I can use the other money for other things that I need. but I don't think that bitcoin will fall to $1 especially right now, many people know about bitcoin and cryptocurrency and they want to invest their money in any price of bitcoin and they don't want to miss the time to buy bitcoin.

I think it is not good idea anymore to buy bitcoin worth of $20,000 at the price of $1 per coin because if will be looks like the end of Bitcoin and it will be more risky and a gamble that better you invest to other Altcoins or to none crypto currency investments but if you will insist then not $20k but maybe $5k will be much affordable to lose.

There is almost no chance Bitcoin will fall to such a low amount. Bitcoin will never reach $1 in its lifetime because there is so much trading that goes with Bitcoin on a daily basis. I think its better to think more optimistically, where Bitcoin prices may constantly increase in price rather than decrease in price. You should instead make realistic goals such as investing in altcoins at that price or investing in Bitcoin right now and waiting for the eventual increase. The thought you have is similar to someone who thinks that Bitcoin is a get rich quick scheme, but it will take a long time for you to profit the amount you think Bitcoin can get you. Also, Bitcoin will most likely never reach 0 dollars.

I will never invest in bitcoin if its price down to as low as $1. I will out my money I Altcoin. There are many good coins in the market that grows day by day. I can earn lot of money from Altcoin investment. No need to waste my time and money in bitcoin. Drop to $1 means that it is crashed, but question is this why bitcoin would fall to just $1?

OP is a hypothetical situation but also pointless because bitcoin will never again fall below $1000 let alone to $1.
Too many people have a lot of money invested in bitcoin & miners break even fee is $5000. Bitcoin is highly manipulated & won’t be allowed to fall that low.

I really do not even see how that can be a possibility in the first place which makes the OP question vague and unrealistic.

One thing is expecting something and another thing is knowing if it could happen or not, and since the possibility of seeing it happen can only be linked to a death spiral (borrowing your word), then that is not about a bubble popping, it is totally a different cause that must have sent almost everyone trying to sell off as much as possible, but one thing though, who is going to be buying as most of us would just simply be bag holding anyway.

Do you think it would really fall to 1$? Maybe its pathetic to assume that price would really came since major crypto economist will surely don't want and give a boost to help the bitcoin industry. Maybe try to analyze deeply and consider some strong points so that you will not speculate some certain undesirable amount to wait nor stake.


Well maybe that would be the scenario to happen but let's learn from the past happenings when bitcoins almost drowned to much but suddenly it recovers and maybe by the time it fall there's a resurrection will occur to make it alive again.

If it falls to that price it will be dead. Nobodies going to mine it anymore and i dont need to tell you what that means

no one will know what will happen after 10 years but I think it still a good idea but maybe you are missed that time because that time is already happening in 2009-2010 ago. and know I don't think that bitcoin will get down too deep even reaching $1 per bitcoin because right now, bitcoin stays at the $6k although it can get down for a little price. that strategy can work if people don't believe with bitcoin and they leave bitcoin and if this happens then it is difficult for bitcoin to rise again because I am sure that there will a better technology that will replace bitcoin and blockchain technology.

sure have fun waiting 

It would be an extremely obvious answer: no, an absurd idea that wouldn't work no matter how you put it. For bitcoin's price to go back to $1, at the current rates, it would take an extreme disgust and distaste from the investors for the market to crash that high, and if it indeed happens, there's absolutely no way for it to bounce back once more. It's better to transfer that money somewhere rather than put it in an already dead coin (if the said scenario happens.)

It is wrong thinking that BTC will fall to only 1$, and then to recover again in next 10 years so you can become rich. But you can try your strategy, it takes only time and patience...

On the other hand if you have 20 000$ why not invest today in 3BTC and make a good party with the rest of the money ? Then you wait next 10 years and if price reach 100 000$ you will have 300 000$ and you can make even bigger party


There is 17+ million BTC mined so far, and that number of 14 million wallets/addresses is just a number which does not represent any relevant number of BTC users - I can have 1000 wallets and 100000 addresses, but I am still only one user.

you are dreaming about bitcoin price falls to $1. even bitcoin price below $6k there are much people that want buy it alot.so it is impossible to happen hit $1.forget about it.

What a damn nonsense question ,if youre outlook to bitcoin is that weak.why still staying here?get out of here as youre only spreading negative topics towards bitcoin,what a weak question expecting bitcoin to go $1 and in the end asking about bitcoin down to zero value?

Bitcoin will never go both your choices because this will recover in future and you wont even get enough money to buy atleast a 1% of this so stop dreaming

there are about 16 million BTCs and more than 14 million people have BTC archives. This number is growing rapidly and because of the constant volume of Bitcoin, prices will continue to increase. we should be more optimistic

I don't think it's a good idea if ever bitcoin will be back to $1 again, it seems that the market is nearly going to shut down if bitcoin goes that low. But I'm not thinking that it will ever come back to that price, that's pretty low and the crypto market won't be a place anymore for someone who's trying to invest and trade.

No one knows until we see it going down but the trend for crypto's aren't ending so far and it keeps on growing and this includes bitcoin.

Set a realistic price when you want to start buying bitcoin.

You should replace bitcoin with every other altcoin,because bitcoin will never fall to $1.
A 1 dollar btc market price would mean close to zero demand for bitcoins.I don`t see this coming.Lots of people still want to invest in btc for HODLing purposes or even for gambling(this is not an investment ).
The blockchain will evolve,transactions will become faster,cheaper and more convenient,which will bring even more people to buy btc.

Bitcoin falling back again to $1 is considered as dead. No way the community will put trust again on bitcoin as after remained strong and sturdy for several years still it goes down to $1. No resistance established when it was on $5,000 , $4,000 , $3,000 and so on until it became $1. Also keep in mind what event takes place why it happened. That event may caused more fear to people as it gives a total disaster to bitcoin to the point that they struck bitcoin back to it's first phase price.

My idea if that will happened? No recovery at all even after 10 years. I doubt you will risks $20,000 once it happened.

I am willing to bet that even if price fell down to $1 you still wouldn't buy bitcoin.

why? simply because of your mindset. someone who waits for a ridiculously low price to buy, will always wait. and it is not just this imaginary topic. it is always this way with people like you.
for example when price was $20k they said we have missed the below $10k price to buy and wish we could go back in time, then price fell down and they said we want lower price and to this day the yare waiting for $5k to happen then it will be $4k then it will be  $3k and it will continue forever until price starts rising up.
then it goes from $6k to $7k and these people start wishing for $6k to buy, then price goes to $9k and they wish they would have bought at $7k .... this also goes on until we break into the next rally and start going up then they start FOMO buying at a much higher price near the peak like buying at $30,000!

It would be a freaking good deal even if Bitcoin dropped to $1,000
The players in the market has increase and 21M supply of coins (Some are permanently losses from the circulating supply) is way too less for the amount of investor for now compare to 2016

If it dropped to just $100, i would assume tons of banks would just get and eat all the Btc if they wanted to hedge against the future of Tech money

I think if the price of the bitcoin become $1 again like when bitcoin started bitcoin is in danger because they have chance the bitcoin will die because other people won't believe anymore on bitcoin. But this is best opportunity to become millionaire because you can get cheapest bitcoin if the price increase very high again .

If the Price of Bitcoin Drops to $1 , all asic miners will stop mining it and the network will freeze in a death spiral.
At that point no one will buy it and no one can transfer it since the chain is dead.

Bitcoin costs to maintain the network run in the millions every month in hardware and electricity costs, unless you can maintain the network alone, your plan would fail.

Unlike real gold, if the miners stop mining it, your Bitcoins have no value. 

The price is determined by many factors, at 1$ it would be attractive to buyers but what where the circumstances that led to that drastic drop in price? I think the issue is not with the price of bitcoin at any given time but in the adaptability of the technology ie the blockchain technology. So long as the technology is useable and keeps developing as it has been,the price of bitcoin will never fall beyond a certain level but only appreciate with time. So if you must buy,the idea would not be to sell for now.

Let's say bitcoin buble bursts and it falls to $1
Then I buy 20,000 dollars worth of bitcoin at $1 per bitcoin
And hold it for 10 years
Is it a good idea?
Or will bitcoin fall to 0.00 and never recover?
What can go wrong with this strategy?