Even if it goes to zero, what have I lost? $1000? It's alright.
Topic: Far from possible but let's just say - page 2. (Read 494 times)
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.
Even if it goes to zero, what have I lost? $1000? It's alright.
All I can say if it happened one morning then I would buy bitcoins with all the savings I had.
I will continue to believe bitcoin forever even when it has no value.
I will continue to believe bitcoin forever even when it has no value.
What a question dude lols. Veteran crypto traders can HODL more than 50% down. But infairness to me, I was so lucky to ride the first pump of ATOM, LINK and ADA few weeks ago. Thats why my portfolio is in green. But personally I base my buy point before the crypto will pump. You can learn it by learning trading and price action.
Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
I'm glad you realize that it's far from possible. If this happens, that would mean I lost some money and that some of my friends lost a lot. I'd be okay, but I know people who wouldn't be. I like Bitcoin, and while I would be mad, I'd probably come back to it at some point, I wouldn't come back right away out of solidarity with those whose lives were pretty much ruined by this. I don't think this will ever happen, though, unless something absolutely devastating like nuclear global warfare happens, and then Bitcoin will be the least of our concerns anyway. If you imagine the price of BTC dropped to $1, then I have to go back to 2009 when price of btc was still the price of pizza. but if this really happens, then I have to think about building a real business and buy some btc to fill my wallet who knows one day it will be expensive again price of btc
It's very illogical to digest because if the price of Bitcoin can drop to $ 1, then slowly he will experience death because everyone will panic to sell it so that a big dump will soon happen to him and the increase will be very difficult to happen again if the Bitcoin enthusiasts be reduced.
If you imagine the price of BTC dropped to $1, then I have to go back to 2009 when price of btc was still the price of pizza. but if this really happens, then I have to think about building a real business and buy some btc to fill my wallet who knows one day it will be expensive again price of btc
Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
We know what Bitcoin would do when the price is down. Everyone will just bag up a lot of Bitcoins and then that makes the price goes up again, saying Bitcoin is "dead" when it reaches that point is kinda wrong compared to the fate of other coins when it reaches the bottom price. Even though it's nearly close to zero to even achieve that price considering how famous and commonly used Bitcoin is. 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
If this would ever happened than i would first check why it happened if the source code was hacked (if that is possible) if someone took over the whole network (if that is possible) or if it was "just" a huuuuuge crash because all of the top 10 wallets just cashed out instantly and simultaneously or stuff like that. If the source code was hacked or the network was compromised then i would not buy any BTC even if they were at 1 dollar because that would basically mean that those BTC are completely usesless anyway. If it was just a immense crash for whatever reason then i would definitely buy a few hundred BTCs but i can imagine you have to be very fast then.
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 can not imagine how many people become crazy and can not believe what they see if BTC drops to $1. Maybe that will make the hospital full because many people who have crypto will be sick and have a heart attack to see their investment value drop drastically. I will use that to buy as many BTC as possible and hold them back until the price rises again. But I do not think that people will use that time to buy bitcoin, especially if they are still afraid to invest in crypto.
Bro not even a 100$? 
1$ price per BTC is ridiculous prediction mate it's never going to happen, look around you and ask yourself which coin still keeps its Decentralisation idea intact? The answer is BTC all day so I don't know what will kick BTC down to 1$, even if another coin takes the lead #1 on coinmarketcap BTC won't ever be a cheap coin again
1$ price per BTC is ridiculous prediction mate it's never going to happen, look around you and ask yourself which coin still keeps its Decentralisation idea intact? The answer is BTC all day so I don't know what will kick BTC down to 1$, even if another coin takes the lead #1 on coinmarketcap BTC won't ever be a cheap coin again Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
Everyone has spending limits and mine is 2000$ per month but if this eventually happens I won't mind throwing all the 2000$ at BTC for 1$ each, but I'm just positive that such day will never come, it's too late to have that type of dream now, the best thing we can do is hunt for new coins with good use cases they can easily get us there. 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
Let's not forget that bitcoin is so volatile and it can always recover or dip in an instant. Even though chances are small than the bitcoins value will be as down to 1$ still anything is possible and if that time comes that the btc value is down to 1USD then I'd still invest on it and buy coins up to 500$ tops and I know many people will do exactly same. Some of them will eventually exits crypto world when the price will dip to $10k.
But I think the smartest move there is buy as many coins that you can afford than you can afford to lose when the market dips again. And invest it in assets when the market recovers.
~
Are you serious about that? I am quite sure that you're only being sarcastic about that, because it won't ever reach at that point any day. And yes it is 99% impossible or even more than that actually.The 1% is still not gonna happen regardless of how much FUDs get spread in social media these days.
If you can speculate with other tokens. or coins that are less popular than bitcoin, i'm sure you gonna be fine buying btc in bulk at that price. that kind of price is no brainer and everyone gonna throw money at it making that price can't actually be reached, the day btc down to $1 is the day when internet is no more which not gonna happen because internet itself is rather decentralized network where many computers connect to each other.
Many investors will be scared and exit the market as fast as possible, only those who are ready to lose will grab BTC at 1$ because the chances of recovery will look very low, I will go in with 100$ only that's 100 BTC and wait to see what happens.
Let's say BTC actually drops to $1. Would be the worst thing in my life because I'm holding BTC. But if it happens maybe I will decide to buy more BTC I can. If btc can drop to 1$, he can also increase more than 1000x after that.I believe btc will never go away.
yes, i would probably buy that for $300. I'm pretty sure that there will be a bounce back from that. when the price is $ 1, then I think the minimum increase is hundreds of dollars, and considering I have 300 bitcoins, then that has been a big advantage for me. well, but that's very hard to happen, even, for now, it has a near 0 probability.
If this scenario happened, I believe there will be a major problem on Bitcoin such as total ban for it on most first world country or Satoshi finally awaken and liquidate all his Bitcoin assets. So buying this price level is very risky and the possibility for Bitcoin to recover is almost zero percent since there's a lot of alternative coin for Bitcoin by that time.
yes, i would probably buy that for $300. I'm pretty sure that there will be a bounce back from that. when the price is $ 1, then I think the minimum increase is hundreds of dollars, and considering I have 300 bitcoins, then that has been a big advantage for me. well, but that's very hard to happen, even, for now, it has a near 0 probability.
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
Of course I will still look for different reasons why bitcoin suddenly goes down that massively to $1. But then if the trading volume almost dead, too then I will not further accumulate more. Even I saw bitcoin's new ATH this year, if the time comes it will go down to that level then there must be something wrong with it.
Anyway, it has limited supply thus falling down to that price is underestimate. As time goes by, it will make the opposite especially when another halving will happen again, supply will be lessen and price will goes up very well.
Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly
Does this mean you wanna make us thinking with silly thoughts? although the market has crashed and experienced a long bearish but that does not mean BTC will suddenly fall to $1 and become meaningless. I know any possibility can happen because no one will be able to guess how BTC will go in the future but if you look at the current situation, BTC is already well known to many people and large companies have no doubts about blockchain technology and even becomes legal in a country as payment. The possibility that you mean will be getting smaller. Now a lot different. I know what you mean, just trying to fantasize but I have absolutely no thoughts. Jump to: