Far from possible but let's just say

Hypnosis00

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

Looking back to this post...and if OP had the courage to invest in Bitcoin, he might be able to double his money at the current price. But too sad that he won't and he keeps his negative mindset.

What we have experienced today, proves that many people got it wrong talking negatively towards Bitcoin. This could we think that not all have a positive mindset, if they just open their minds and are willing to change it, they were able to enjoy as well. But somehow, we can't force them either. It should be their well to change.

bitgov

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

I believe blockchain is a great technology and it will surely be a success. If the price of Bitcoin fell to $1, it would not be a coincidence and the first thing I would do was a very good research why it happened.
Such a large drop would certainly be a disaster for the entire cryptocurrency market, but if the reason for such a drop were not very serious, I think I would still invest in cryptocurrencies.

Rengga Jati

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realize that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

What I will do possibly:
1. Shocked
2. Laugh loudly, super loudly
3. Check my balance (because I am sure that if BTC is only $1, altcoins will be ZERO or minus Cheesy

4. Check my money in banks and go to buy more Bitcoin if it is still possible to deposit fiat to exchanges, because of BTC is $1, I don't think that exchanges will be still opened Grin

Fredomago

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Quote from: sukmo on October 25, 2021, 04:30:43 PM

Quote from: gwdf1 on October 09, 2021, 03:26:32 AM

Quote from: judeafante on October 06, 2021, 10:58:05 PM

Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

It's unlikely to happen and only a disruption of the chain can cause that but the blockchain is already ten years old and has gone through a lot it's very stable but if even it goes down to $1 I'll buy with my spare money hopefully at least $300, we never know it could recover and get back on its old price and I will be a millionaire, it could happen to other coins but I doubt the father of Cryptocurrency will crash to $1.

As I know, there are no computers now that can destroy bitcoin's blockchain, but actually, we don't know what will be in the future, and if people invent such a powerful computer one day, it can cause the crash of this chain and maybe Bitcoin will just disappear as a technology. But of course, I don't admit such a thought and I will continue investing in Bitcoin for a long term.

Yes, anything can happen, but for the future I think that with the development of increasingly sophisticated technology, cryptocurrencies will grow bigger because I think that Cyptocurrency will be a digital currency that is very beneficial for life in the future.

The system that crypto offers if being expedite deeper will really be helpful in the long run, it's about adoptions and we might see every venue from financial system will embraced this new technology, we just don't know if there's new upcoming competitions that will attract more interest from the current end users.

The securities still in the hands of the team behind, if there's any potential threats, they are the frontline that will go to avoid any crash. Bitcoin or crypto is already big market.

It will be a huge issue if things like this will take place. Hopefully, it won't. Roll Eyes

sukmo

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Quote from: gwdf1 on October 09, 2021, 03:26:32 AM

Quote from: judeafante on October 06, 2021, 10:58:05 PM

Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

It's unlikely to happen and only a disruption of the chain can cause that but the blockchain is already ten years old and has gone through a lot it's very stable but if even it goes down to $1 I'll buy with my spare money hopefully at least $300, we never know it could recover and get back on its old price and I will be a millionaire, it could happen to other coins but I doubt the father of Cryptocurrency will crash to $1.

As I know, there are no computers now that can destroy bitcoin's blockchain, but actually, we don't know what will be in the future, and if people invent such a powerful computer one day, it can cause the crash of this chain and maybe Bitcoin will just disappear as a technology. But of course, I don't admit such a thought and I will continue investing in Bitcoin for a long term.

Yes, anything can happen, but for the future I think that with the development of increasingly sophisticated technology, cryptocurrencies will grow bigger because I think that Cyptocurrency will be a digital currency that is very beneficial for life in the future.

repasmal

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Holding $FET is the best thing you can do for now. They have a huge volume and $FET keep's rising. They have a brilliant team and $FET developing project by using AI. So we are rich end of the year.

Ararbermas

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

well it depends mate on the situation, i mean of course make technical analysis and get the real potential of the growth rate. If you see there's a chance to rebound then buy. Actually for me on this current situation of bitcoin perhaps short positions is a good idea, because you know this time it seems making more correction so its quite skeptical.. I suggest be smart and invest more time so that you can get more information about the real direction of the growth rate and in order for you to decide as well which move is the best for this current situation of bitcoin.

repasmal

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I'm holding $FET for a while. They start the stake drop on Mobix. Fet's volume is rising and approach about highest price level in last 24 hours. If it's keep going like that i'll be rich soon.

ipanks

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I think that happened in the foreign market, the Japanese market, if I am not mistaken, a few years ago. At that time, the exchange made a mistake and made the price at a very low price, so some traders saw that moment and bought as many bitcoins as they could. I can not the source link because I do not save it at that time.

If that really happens, I am sure all of us will try to buy bitcoin instantly with some money, even we will cut loss some altcoin just to buy bitcoin at $1. But unfortunately, that is not happening right now unless the exchange gets a problem with the market.

gwdf1

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Quote from: judeafante on October 06, 2021, 10:58:05 PM

Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

It's unlikely to happen and only a disruption of the chain can cause that but the blockchain is already ten years old and has gone through a lot it's very stable but if even it goes down to $1 I'll buy with my spare money hopefully at least $300, we never know it could recover and get back on its old price and I will be a millionaire, it could happen to other coins but I doubt the father of Cryptocurrency will crash to $1.

As I know, there are no computers now that can destroy bitcoin's blockchain, but actually, we don't know what will be in the future, and if people invent such a powerful computer one day, it can cause the crash of this chain and maybe Bitcoin will just disappear as a technology. But of course, I don't admit such a thought and I will continue investing in Bitcoin for a long term.

livingfree

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Quote from: CryptoATM on October 09, 2021, 12:50:26 AM

Never going to happen, we were able to see BTC at 3500$ last year because of CoViD

No. Not because of covid.

Quote from: CryptoATM on October 09, 2021, 12:50:26 AM

if Covid never happened there is no way BTC can go way down to 3500$ and you are talking about 1$? Even at 98% value lost BTC can't ever be 1$ per coin

I think it will be a different story if covid didn't exist but one thing for sure is that we don't know what shall happen by that time and yes, $1 is just very unlikely.

CryptoATM

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Never going to happen, we were able to see BTC at 3500$ last year because of CoViD, if Covid never happened there is no way BTC can go way down to 3500$ and you are talking about 1$? Even at 98% value lost BTC can't ever be 1$ per coin

Sled

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Bitcoin- in bullish time

Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

The chance of this is near to impossible like 96% that the bitcoin would dip that much. However, if that's gonna happen then I would buy as many bitcoins like max of 300 coins for every dollar each and wait for the market to recover because I know that bitcoin is extremely volatile in any given time. I wouldn't miss that chance to ride a bull if it's going to happen someday, I'd take that as a positive way rather than selling all of my coins just because or the dip.

judeafante

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

It's unlikely to happen and only a disruption of the chain can cause that but the blockchain is already ten years old and has gone through a lot it's very stable but if even it goes down to $1 I'll buy with my spare money hopefully at least $300, we never know it could recover and get back on its old price and I will be a millionaire, it could happen to other coins but I doubt the father of Cryptocurrency will crash to $1.

carrigan

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If that were the case I would probably choose to scoop up some Bitcoin instead of exiting the cryptocurrency. No one knows how the market is going, maybe if the price drops that much it will rise again later. If the bad possibility doesn't go up and is destroyed, just enjoy the process because in every business there must be risk. There's no harm in trying first than having to end without trying it will be more disappointing.

blockman

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Quote from: ?? on ??

One day you wake up, and the world government abandons the dollar as a common currency, and the stock markets are below, billionaires are jumping from the windows of skyscrapers, and the US government is preparing to start a new world war, for the right to be the first and the strongest.

Nice reversal and there are more people that rushing to buy bitcoin because it's being used worldwide and can do payments already with most of the merchants.
This is a better situation when we wake up and there's a sudden massive adoption that has been declared in different parts of the world and not only that, there are already a lot of countries that have made it their legal tender.

WeedGoW

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Quote from: Emperor of Man on October 05, 2021, 12:28:47 PM

You chose the wrong sub-forum for your topic, but if it happens I'll buy 1000 BTC.

Even if it goes to zero, what have I lost? $1000? It's alright. Cheesy

His question is kinda wrong but also has some merit in it. When BTC did drops down to that price mark meaning it was able to break all the buy wall then you have to ask yourself: Why it was able to do that? A hack or a wrong fork that now there are billions, trillions of BTC circulate in the market? If that were a thing then will you say the same, buy all of BTC as you could with that price?

bitcon

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Quote from: 7deadlyBTCIN on June 26, 2021, 01:10:55 AM

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

I would be really disappointed if it happened. It would seem like everything broke down and there was nothing that I could believe in anymore. Everything in the crypto market depends on people’s trust.

If people cease believing in something and get rid of it, it will dump and vice versa. So if Bitcoin dropped to 1$, it would mean that people got disappointed about it, so I certainly wouldn’t invest in it again. Undecided

Cafex

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It can happen every time actually, even when we are pretty sure that it will continue to go up. Investors are making their investments considering every possible price change. Of course, it would make me really sad if I made a big amount of investment. And if the price is really down to $1, then I would assume that Bitcoin is close to ending and I wouldn't make any investment into it anymore unless I'm sure about it.

livingfree

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Quote from: Emperor of Man on October 05, 2021, 12:28:47 PM

You chose the wrong sub-forum for your topic, but if it happens I'll buy 1000 BTC.

Even if it goes to zero, what have I lost? $1000? It's alright. Cheesy

Yeah.

But people must stop overthinking and putting ourselves into a situation that we won't like. Let's just stay in the reality and think of a better situation that we may come in the future.

Topic: Far from possible but let's just say (Read 494 times)