If bitcoin dropped to $1, what you do? - page 100.

DuckKeeper

sr. member

Activity: 364

Merit: 250

Quote from: Monnt on April 15, 2016, 08:09:21 PM

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

If it was legit and real I would by as money Bitcoins as possible. But something should be wrong of the price was $1 I think that everything would be messed up and the possibility to make much money would not be there,

susila_bai

hero member

Activity: 1260

Merit: 524

Quote from: ricardobs on April 21, 2016, 04:19:24 AM

Quote from: Monnt on April 15, 2016, 08:09:21 PM

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

Clearly we all know what to do then : Get .. Set .. GO ! and buy the maximum amount of bitcoins possible for that time, I will actually empty all my debit and credit cards.

What you replied is true who is the real follower of bitcoin will utilize this drop and buy everything as he knows that this is the golden opportunity. but weak heart will just cry but wont buy.

TipZ

full member

Activity: 180

Merit: 100

Like almost everyone here, i'll buy some bitcoin. Praying for the price to increase.

ricardobs

hero member

Activity: 1204

Merit: 505

Quote from: Monnt on April 15, 2016, 08:09:21 PM

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

Clearly we all know what to do then : Get .. Set .. GO ! and buy the maximum amount of bitcoins possible for that time, I will actually empty all my debit and credit cards.

tuvok007

legendary

Activity: 1358

Merit: 1001

Quote from: ?? on ??

到1证明没有价值了

yeah totally Grin

Avirunes

legendary

Activity: 3094

Merit: 1469

First thing i don't think that bitcoin will drop to 1$ .If it does so i will sell up all my bitcoins that i will be having and will leave using bitcoin.I will not be taking any furthermore risk to wait for price drop even further below 1$.

Quote from: Za1n on April 20, 2016, 02:26:21 PM

Quote from: Bitinity on April 20, 2016, 01:26:20 PM

Quote from: shane on April 20, 2016, 01:08:34 PM

I will keep playing as long as bitcoin has a price. but maybe I'll find a job in the real, because bitcoin already I can not rely anymore, if the price is only $1.

Do you mean that now you are not working on any real jobs and rely only on bitcoin for your daily life? If so, I wonder how you can make a living with bitcoin only. Would you share how you do it?

It may sound impossible, but in some countries people get by on only a few $ a day, so even earning 0.25 btc a month may be a lot. In the US it is quite different and you would probably need to make at least 10 BTC a month to live, which would be quite a bit harder to come by.

Hmm. I agree with you .There are guys who rely on bitcoin for their daily life.Though i think that it all depends on lifestyle they are used to .

Za1n

legendary

Activity: 1078

Merit: 1011

Quote from: Bitinity on April 20, 2016, 01:26:20 PM

Quote from: shane on April 20, 2016, 01:08:34 PM

I will keep playing as long as bitcoin has a price. but maybe I'll find a job in the real, because bitcoin already I can not rely anymore, if the price is only $1.

Do you mean that now you are not working on any real jobs and rely only on bitcoin for your daily life? If so, I wonder how you can make a living with bitcoin only. Would you share how you do it?

It may sound impossible, but in some countries people get by on only a few $ a day, so even earning 0.25 btc a month may be a lot. In the US it is quite different and you would probably need to make at least 10 BTC a month to live, which would be quite a bit harder to come by.

Xenophoto

hero member

Activity: 826

Merit: 502

Quote from: azeminjo09 on April 20, 2016, 01:23:29 PM

I would buy more as much as I can, and hoping for price increase

If bitcoin's price dropped to 1$, that means people are dumping their btc. Meaning it will become a dump coin sooner or later. I doubt that there's still a chance that bitcoin's price will increase.

Bitinity

legendary

Activity: 3066

Merit: 1312

SOL.BIOKRIPT.COM

Quote from: shane on April 20, 2016, 01:08:34 PM

I will keep playing as long as bitcoin has a price. but maybe I'll find a job in the real, because bitcoin already I can not rely anymore, if the price is only $1.

Do you mean that now you are not working on any real jobs and rely only on bitcoin for your daily life? If so, I wonder how you can make a living with bitcoin only. Would you share how you do it?

azeminjo09

sr. member

Activity: 249

Merit: 250

I would buy more as much as I can, and hoping for price increase

shane

hero member

Activity: 756

Merit: 503

I will keep playing as long as bitcoin has a price. but maybe I'll find a job in the real, because bitcoin already I can not rely anymore, if the price is only $1.

Red-Apple

hero member

Activity: 1470

Merit: 655

Quote from: avw1982 on April 20, 2016, 11:47:13 AM

Quote from: DeDordtenaar on April 20, 2016, 11:45:39 AM

Quote from: NyeFe on April 19, 2016, 09:36:58 PM

Sell them to everyone here at $0.99 and hold ethers or litecoin Grin

if a $300 - $1200 currency drops to $1, there must have been a major discovery such as Satoshi donating all his stashed treasures.

of course there are factors that are very powerful that bitcoin could drop to $ 1.
and I do not think it will return to the high prices. I would say that bitcoin is dead.

If bitcoin price drop to 1$,it must be any reason behind that. like technical problems, attacked on encryption system... etc.so its still risky to buy high amount.

you two should really read the bitcoin paper (you can download it from bitcoin.org)
and also you should study a bit more about how bitcoin works and also read some about how encryption system that bitcoin uses works.

i am not an expert so i don't dare explain it here, because i am sure i will give some false information, but if you study those topics you will see that what you explained is impossible.

MedaR

legendary

Activity: 2380

Merit: 1026

Quote from: bryant.coleman on April 19, 2016, 07:54:20 AM

If Bitcoin drops to $1, or even $0.01, I would remain neutral. I will not sell any of my coins, but at the same time, I will not buy any either. One of the golden rules for making investment is "don't try to catch a falling knife". I had ignored this rule a few times in the past (while making investment in equities). And the results were not that pleasant.

Yes this is true, and experience in those cases is crucial, for making good decisions.
But what if this fall is not knife, but only one good deep where you can collect as much as you can and later
on sell it for much better price?

avw1982

hero member

Activity: 644

Merit: 500

Quote from: DeDordtenaar on April 20, 2016, 11:45:39 AM

Quote from: NyeFe on April 19, 2016, 09:36:58 PM

Sell them to everyone here at $0.99 and hold ethers or litecoin Grin

if a $300 - $1200 currency drops to $1, there must have been a major discovery such as Satoshi donating all his stashed treasures.

of course there are factors that are very powerful that bitcoin could drop to $ 1.
and I do not think it will return to the high prices. I would say that bitcoin is dead.

If bitcoin price drop to 1$,it must be any reason behind that. like technical problems, attacked on encryption system... etc.so its still risky to buy high amount.

DeDordtenaar

hero member

Activity: 518

Merit: 500

Quote from: NyeFe on April 19, 2016, 09:36:58 PM

Sell them to everyone here at $0.99 and hold ethers or litecoin Grin

if a $300 - $1200 currency drops to $1, there must have been a major discovery such as Satoshi donating all his stashed treasures.

of course there are factors that are very powerful that bitcoin could drop to $ 1.
and I do not think it will return to the high prices. I would say that bitcoin is dead.

ebliever

legendary

Activity: 1708

Merit: 1036

The obvious question that would need to be answered first is Why did the price of bitcoin drop to $1? If someone broke the system or hacked it in some fundamental way (such as a quantum computer that starts identifying private keys), it would be throwing money away to buy bitcoin. If an altcoin was overtaking it as the flagship of cryptocurrency, then I'd have to assess bitcoin's development efforts and ability to compete. If it was because of FUD or non-permanent crackdowns on bitcoin use causing an over-reaction, I'd be inclined to buy.

talkbitcoin

legendary

Activity: 1372

Merit: 1032

All I know is that I know nothing.

Quote from: gentlemand on April 20, 2016, 11:16:53 AM

It's fun to read the dick swinging posts about buying everything up. In reality the overwhelming majority would be squirting piss and vomit while mewling softly.

lol, that is so dark.
what did you expect? a shitty question will only attract shitty answers.

and since there is no reason for bitcoin to go to $1 then everybody is trolling here, because it is just a troll question.

gentlemand

legendary

Activity: 2590

Merit: 3014

Welt Am Draht

It's fun to read the dick swinging posts about buying everything up. In reality the overwhelming majority would be squirting piss and vomit while mewling softly.

andresem

full member

Activity: 161

Merit: 100

I would have bought a small amount of maybe 100 bitcoins

NordicRanger

sr. member

Activity: 350

Merit: 250

I would be looking at my screen for a minute and looking if this is really happening. Then I would look if this is legit and see if other people are buying. I would be careful because if the price is $1 something is not right.

Topic: If bitcoin dropped to $1, what you do? - page 100. (Read 98162 times)