Author

Topic: If bitcoin dropped to $1, what you do? - page 103. (Read 98181 times)

hero member
Activity: 672
Merit: 503
April 18, 2016, 02:06:53 PM
$1 is simply to be possible in near future as I don't think bitcoin will fall that low in future it is rising at a moment and it will continue to rise in future too, we will see some best price of bitcoin in future.
sr. member
Activity: 252
Merit: 250
April 18, 2016, 02:01:35 PM
buy 1k of bitcoin if it drops to 50cents
full member
Activity: 156
Merit: 100
Can I eat a Bitcoin?
April 18, 2016, 12:55:34 PM
I'd buy the shit out of it and hold it until I see fit to sell it or use it.
legendary
Activity: 2380
Merit: 1026
April 18, 2016, 12:54:21 PM
This forum is known by daydreaming, and this one's my favorite must admit. Some things cannot happen no matter how hard we want it..But don't desperate there are many chances for increasing number of your btcs by trading alts.
sr. member
Activity: 392
Merit: 250
April 18, 2016, 12:44:33 PM
If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
If that happens i will hold the bitcoin until get up maybe until bitcoin unmined.

I will keep on buying if the price falls that low as I am sure that bitcoin has potential to grow again in future but expecting bitcoin to fall that low is simply not possible.
sr. member
Activity: 476
Merit: 250
April 18, 2016, 11:19:06 AM
If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
If that happens i will hold the bitcoin until get up maybe until bitcoin unmined.
hero member
Activity: 840
Merit: 1000
April 18, 2016, 11:16:18 AM
If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
full member
Activity: 136
Merit: 100
April 18, 2016, 10:56:53 AM
If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh
sr. member
Activity: 423
Merit: 250
April 18, 2016, 09:22:40 AM
I would just watch how panic and fear is spreading around  Wink
I will not buy at such low price, when it will happen it will happen because of some reason. Without knowing excatly why it`s not possible to say.
Of course panic selling will occur before the price becomes $1. Sure everyone is trying to sell all their bitocin when the price falls below $ 100. if no one wants to save bitcoin they Think just save their money by selling. then I would think bitcoin would die on the spot

Without real reason panic selling alone cannot go to as low as $1, because so many people buying well above this price. The only possibility to go to $1 is for example if the Bitcoin cryptography become broken.
hero member
Activity: 938
Merit: 1000
April 18, 2016, 09:21:30 AM
I would just watch how panic and fear is spreading around  Wink
I will not buy at such low price, when it will happen it will happen because of some reason. Without knowing excatly why it`s not possible to say.
Of course panic selling will occur before the price becomes $1. Sure everyone is trying to sell all their bitocin when the price falls below $ 100. if no one wants to save bitcoin they Think just save their money by selling. then I would think bitcoin would die on the spot

Majority of us will sell their coins by thinking that bitcoin willl not rise again, but still if the price is $1 I would prefer to buy some coins and hold it without thinking of the future.
hero member
Activity: 658
Merit: 500
April 18, 2016, 09:11:31 AM
I would just watch how panic and fear is spreading around  Wink
I will not buy at such low price, when it will happen it will happen because of some reason. Without knowing excatly why it`s not possible to say.
Of course panic selling will occur before the price becomes $1. Sure everyone is trying to sell all their bitocin when the price falls below $ 100. if no one wants to save bitcoin they Think just save their money by selling. then I would think bitcoin would die on the spot
hero member
Activity: 714
Merit: 500
SkyFall
April 18, 2016, 09:08:37 AM
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 I saw that the Bitcoin price was $1 I would be shocked but I would buy so many coins. Every Bitcoin user would buy more coins then they have ever bought.
But we all know that this is not going to happen ever.
member
Activity: 75
Merit: 10
April 18, 2016, 08:55:03 AM
I would buy a bunch, and sell when the price rises
sr. member
Activity: 518
Merit: 254
★YoBit.Net★ 350+ Coins Exchange & Dice
April 18, 2016, 08:54:18 AM
If it ever drops to this level, for sure I'll sell everything I have (PC, cellphone...) to buy as much as I can, because it will increase back in a matter of hours or days. However, that's just a dream, because it will never reach this point back.

That would never happen. If someone creates a time machine to go back to those days of bitcoins price at $1, as mentioned he gets the opportunity to sell all his belongings and buy large volume of bitcoins.

If and only if this happens. I still don't think it would be wise to sell everything and buy all of your money, Bitcoins. If this happens. That would surely tell something wrong is actually going on.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 18, 2016, 07:58:41 AM
If it ever drops to this level, for sure I'll sell everything I have (PC, cellphone...) to buy as much as I can, because it will increase back in a matter of hours or days. However, that's just a dream, because it will never reach this point back.

That would never happen. If someone creates a time machine to go back to those days of bitcoins price at $1, as mentioned he gets the opportunity to sell all his belongings and buy large volume of bitcoins.
legendary
Activity: 3052
Merit: 1188
April 18, 2016, 07:42:59 AM
i will buy as much as i can and then wait for the prize to go up again


Yap and most people who knows about bitcoin will do the same, then there will be a huge pump on the market if many people buy it. For me it sound simpossible that it will falling dow to $1, but if it is happen I will not be so greedy to buy many bitcoins. Just spend my money that I can afford to lose..
Currently there are large number of people who have already bought a large number of bitcoin and have hold them in their wallets , so if the price came to $1 then they all will lose their money, and at that time no one will be ready to buy once again to lose teir money once again.
legendary
Activity: 1610
Merit: 1183
April 18, 2016, 06:24:36 AM
If that would happen then I will quit. The main reason why I got to know bitcoin is the value itself currently.
But if there are still offers or promotions to earn bitcoins then I will continue keeping it and wait the time to increase the rate again.

I think it's unrealistic that this will ever happen so there's no need to worry, but if it happened I would not quit. If it was any other asset, then I would call it wrap, but with Bitcoin, you never know what's going to happen. As long as 1 node exists, the network is alive, therefore is valuable and it can rise from its ashes at any time. Even if it went to 0, it would not mean it's game over.
sr. member
Activity: 441
Merit: 250
April 18, 2016, 06:09:55 AM
If it ever drops to this level, for sure I'll sell everything I have (PC, cellphone...) to buy as much as I can, because it will increase back in a matter of hours or days. However, that's just a dream, because it will never reach this point back.
hero member
Activity: 2464
Merit: 594
April 18, 2016, 04:55:59 AM
If that would happen then I will quit. The main reason why I got to know bitcoin is the value itself currently.
But if there are still offers or promotions to earn bitcoins then I will continue keeping it and wait the time to increase the rate again.
hero member
Activity: 784
Merit: 500
April 18, 2016, 04:24:14 AM
sell my house, motor, computer dekstop, smartphone for buying bitcoin and all in in bitcoin  Cheesy
Jump to: