Author

Topic: If bitcoin dropped to $1, what you do? - page 102. (Read 98181 times)

hero member
Activity: 518
Merit: 500
April 19, 2016, 04:09:04 AM
Something must have caused it to plummet to a dollar, like maybe World War III? If it does, I'm gonna buy more. As Warren Buffett says, buy when there's blood on the streets.
sr. member
Activity: 406
Merit: 250
April 19, 2016, 04:01:51 AM
I would stop completely with the bitcoin because normally I would still believe in the bitcoin because mostly the bitcoin fights its way back up.
With the 1 dollar price this would not be possible so I would stop completely.
sr. member
Activity: 420
Merit: 250
April 19, 2016, 12:46:13 AM
Lets hope it never gets down so much in value, but anyway if that is the case I would definitely hold and buy more, Bitcoin has the potential no other alt cryptocurrency can overcome it, so buying more and holding would be the right thing to do.
full member
Activity: 182
Merit: 100
April 18, 2016, 11:44:47 PM
whether bitcoin could drop to $ 1? when it reaches the $ 1 as long as it can go up I will keep using bitcoin

If bitcoin drops to 1$ i dont think it will be able to to up again as investor would leave the time that it continues to plummet.
hero member
Activity: 546
Merit: 500
April 18, 2016, 10:57:45 PM
whether bitcoin could drop to $ 1? when it reaches the $ 1 as long as it can go up I will keep using bitcoin
legendary
Activity: 1232
Merit: 1000
April 18, 2016, 09:19:28 PM
I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.

I am not sure if the price of bitcoin $1 and altcoins still alive. likely all dead, because bitcoin is the mecca of altcoins.
sr. member
Activity: 406
Merit: 250
April 18, 2016, 08:17:59 PM
I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.
sr. member
Activity: 434
Merit: 250
Streamity Decentralized cryptocurrency exchange
April 18, 2016, 07:35:07 PM
Something pretty devastating must occur for the price to go down that far, but let's assume the price declines at a constant rate for about 2 months and ends up at $1. What would I do?

I have a fair amount of assets in Bitcoin, so I'd definitely HOLD onto those. The price will rebound as they did in 2008 on the stock market.

I'd also buy up as much as I could, just as most people would. This would actually cause a domination of the buying section of Bitcoin, due to its popularity, which would already set the price to soar.
legendary
Activity: 1120
Merit: 1000
April 18, 2016, 05:54:02 PM
If btc ever dropped to $1, I would wait it drop to 0.1$.

Why would i buy if its dropping like mad?

You shouldn't buy when the price was dropping, newbie mistake.

You should catch a rise  and buy before its too late.

if bitcoin dropped to $ 0.1 it seems like bitcoin will be die, when the price going down like that peoples are not interested to bitcoin anymore and sooner or later they will leaving and never back again,
legendary
Activity: 854
Merit: 1000
April 18, 2016, 05:12:07 PM
Quote from: Monnt
link=topic=1438622.msg14555048#msg
14555048 date=1460765361
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 bitcoin price falls to $1,it would be
akin to bitcoin death and I doubt it
will ever rise again.Despite this I
would still buy atleast 10 btc and
store them hoping for some miracle
hero member
Activity: 504
Merit: 500
April 18, 2016, 04:55:57 PM
If bitcoin ever goes down to $1 I guess that many people will dump it and forget all about it. However I do believe that it will not be dead, because the Bitcoin believers and people like me will still use it and continue to believe in its potential. So in a way I don't believe Bitcoin is going to be daed soon
legendary
Activity: 3276
Merit: 2442
April 18, 2016, 04:30:41 PM
If btc ever dropped to $1, I would wait it drop to 0.1$.

Why would i buy if its dropping like mad?

You shouldn't buy when the price was dropping, newbie mistake.

You should catch a rise  and buy before its too late.
hero member
Activity: 798
Merit: 1000
April 18, 2016, 04:19:13 PM
this is never going to happen.

Exactly it will never happen that bitcoin will fall that low, and if it goes that low then I would invest all my money into it and will for it to grow again in future.
legendary
Activity: 1680
Merit: 1010
Professional Native Greek Translator (2000+ done)
April 18, 2016, 03:49:27 PM
this is never going to happen.
hero member
Activity: 770
Merit: 500
✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪
April 18, 2016, 03:47:59 PM
I would consider it comparing to other altcoins. If it kept being a prominent one, probably I will hold and buy more. If not, probably would hold the ones I already have.
hero member
Activity: 770
Merit: 500
Forza Roma
April 18, 2016, 03:36:30 PM
if bitcoin dropped only 50$ on the chart, a lot of people will start selling their coins. so no one will wait till it reaches 1 dollar as you think, except some few firm believers. a long fall like this would happen if btc died only

I also think a lot of people will already be left if it hit the 1 dollar and I also think this is not possible because if it drops it will drops very fast and good and will die almost directly.
hero member
Activity: 672
Merit: 503
April 18, 2016, 03:04:19 PM
Price of bitcoin will never fall that low and if it falls that means its an end of the bitcoin and majority of the people will leave bitcoin for sure and find alternate product to invest.
newbie
Activity: 41
Merit: 0
April 18, 2016, 02:55:46 PM
Depending on the reasoning, I would probably buy a lot of bitcoin.  Bitcoin is too useful.
hero member
Activity: 770
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
April 18, 2016, 02:38:21 PM
I'd buy the shit out of it and hold it until I see fit to sell it or use it.
well if the price fell that much im pretty confident to say that it wouldnt recover so easily for you to make a lot of profit as people would lose all the faith in it that it can make them profit

im pretty sure i would go all out of bitcoins back to fiat or just invest my money into other crypto that would be trending among the peopel and that could potentially give me profit
hero member
Activity: 574
Merit: 500
April 18, 2016, 02:14:11 PM
if bitcoin dropped only 50$ on the chart, a lot of people will start selling their coins. so no one will wait till it reaches 1 dollar as you think, except some few firm believers. a long fall like this would happen if btc died only
Jump to: