If bitcoin dropped to $1, what you do? - page 105.

The End Is Neigh

newbie

Activity: 46

Merit: 0

Quote from: ATguy on April 17, 2016, 11:15:42 AM

Quote from: johnyj on April 16, 2016, 08:39:29 PM

Price is irrelevant, but the reason causing that drop should be carefully analyzed, if it is a chinese government taking over of chinese mining farms Cheesy

Your right, chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin. But the hashing algo can be changed or moving to PoS, so at 1 USD it would be great oppurtunity to buy and expect double digits price soon.

You're*

I would buy at least 500.00 BTC if they were $1 each. That way I'd own a large portion of the total BTC to ever be in existence.

Junko

legendary

Activity: 1512

Merit: 1000

At $1, I would begin a mega fud campaign and set a buy order at $0.25 for 400,000 bitcoins. Hey, if it can drop to a dollar, it could just as well drop further to 10 cents.

Seriously though, there would have to have been something utterly catastrophic affecting bitcoin, as in a better all around version of it in some form. Even still, at $1, I'd be hard-pressed not to buy a few thousand or so just in case.

Prettygirl01315

sr. member

Activity: 630

Merit: 250

if bitcoin droped to 1$ something i provably buy 400$ or more bitcoin and i will wait ultill the bitcoin will high like 1btc = 400 again i will reach for sure

sidrab14

newbie

Activity: 42

Merit: 0

Quote from: darkmagician on April 17, 2016, 11:59:19 AM

if bitcoin dropped to 1$ the thing that come out on my mind is , all the biggest investors of bitcoin will be doing suicide for thier big loss.

Will buy it as much as I can. When bitcoin drop to $1, many people would buy it, so there's high demand for bitcoin, and that makes bitcoin price goes up again.

darkmagician

full member

Activity: 210

Merit: 100

if bitcoin dropped to 1$ the thing that come out on my mind is , all the biggest investors of bitcoin will be doing suicide for thier big loss.

Corenin

legendary

Activity: 1008

Merit: 1000

Quote from: faridkifly on April 17, 2016, 11:41:48 AM

Quote from: eddyubachs on April 17, 2016, 10:20:58 AM

Quote from: faridkifly on April 17, 2016, 10:03:02 AM

because I do not have bitcoin now. I will be happy
I would buy a lot of bitcoin, and wait until the price goes up. then sell it all and become rich Cool

Majority of us will do the same but I don't see it happening very soon, we need to wait very long to that happen, but bitcoin will never fall that low it will keep on rising in future.

yes it's such a prayer that never come true Grin

This prayer should never come true or else bitcoin will die for sure and many users will leave bitcoin and switch to some other currency in future, we want that price should go higher in future.

faridkifly

sr. member

Activity: 294

Merit: 250

Quote from: eddyubachs on April 17, 2016, 10:20:58 AM

Quote from: faridkifly on April 17, 2016, 10:03:02 AM

because I do not have bitcoin now. I will be happy
I would buy a lot of bitcoin, and wait until the price goes up. then sell it all and become rich Cool

Majority of us will do the same but I don't see it happening very soon, we need to wait very long to that happen, but bitcoin will never fall that low it will keep on rising in future.

yes it's such a prayer that never come true Grin

ATguy

sr. member

Activity: 423

Merit: 250

Quote from: johnyj on April 16, 2016, 08:39:29 PM

Price is irrelevant, but the reason causing that drop should be carefully analyzed, if it is a chinese government taking over of chinese mining farms Cheesy

Your right, chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin. But the hashing algo can be changed or moving to PoS, so at 1 USD it would be great oppurtunity to buy and expect double digits price soon.

Betwrong

legendary

Activity: 3374

Merit: 2198

I stand with Ukraine.

Quote from: The Prince Of Egifts on April 16, 2016, 10:44:22 PM

I'll sell the rest I have and quit.

At first it looks like a joke but actually I think many would do the same ... to regret the decision all life afterwards. Just imagine you bought Bitcoins for $400 each, sell them for $1 each, to see several weeks later it rises to $1000 each.

pereira4

legendary

Activity: 1610

Merit: 1183

It's impossible that Bitcoin drops that low anymore, it's simply too big too fail (sometimes the "too big to fail" phrase gets some hate and has negative connotations like thinking you are above everything and too confident, but in the case of Bitcoin this is simply the truth).

So since it's impossible.. I don't know what I would do. Probably buy 1000 BTC.

Hellacopter

hero member

Activity: 742

Merit: 500

Quote from: faridkifly on April 17, 2016, 10:03:02 AM

because I do not have bitcoin now. I will be happy
I would buy a lot of bitcoin, and wait until the price goes up. then sell it all and become rich Cool

It's not easy mate that Bitcoin dropped so low to this price 1$ or so, especially we expect that Bitcoin's price will increase highly after the next halving, happening soon this year.

eddyubachs

hero member

Activity: 812

Merit: 1000

Quote from: faridkifly on April 17, 2016, 10:03:02 AM

because I do not have bitcoin now. I will be happy
I would buy a lot of bitcoin, and wait until the price goes up. then sell it all and become rich Cool

Majority of us will do the same but I don't see it happening very soon, we need to wait very long to that happen, but bitcoin will never fall that low it will keep on rising in future.

faridkifly

sr. member

Activity: 294

Merit: 250

because I do not have bitcoin now. I will be happy
I would buy a lot of bitcoin, and wait until the price goes up. then sell it all and become rich Cool

Boosterious

sr. member

Activity: 308

Merit: 250

The mind is everything. What you think you become.

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.

Its will not happen this year,and i wish it will never happen. if bitcoin dropped to $1, i will not interesting to bitcoin, because the price,because so many crypto currency have same price.

Viyamore

hero member

Activity: 658

Merit: 500

Its impossible to drop down to that price or value .but if happens i will do buy more and more butcoins as much as i can then wait for the next season of bitcoin halving. We all know that there are halving periods so maybe it is too profitable down to $1 then when ups even $2 is a profit to us.

Daneric

full member

Activity: 224

Merit: 100

Although it is very unlikely that the price of bitcoin can go to as low as $1. However, if that is the case, then personally i will resort to buying thousands of bitcoins and dispose when the price has risen again. I know it cannot fall to $1 and stay there for good, it must rise again to some point. This will be a perfect opportunity to make money and become rich

23dzmaz

sr. member

Activity: 420

Merit: 250

Quote from: qiwoman2 on April 17, 2016, 01:36:01 AM

I would get a lot more Bitcoin if that ever happened because then the whales would all do the same and buy more. Unless the Internet dies then the best thing to do would just accumulate what I could afford while it was cheap. I doubt that will happen anytime soon though.

I think it's really risk mate. If bitcoin dropped to $1. no people will use bitcoin anymore. But yeah, we don't know what happen next. Maybe when you buy many bitcoin on that price. the price will increase soon.

haileysantos95

full member

Activity: 168

Merit: 100

Quote from: qiwoman2 on April 17, 2016, 01:36:01 AM

I would get a lot more Bitcoin if that ever happened because then the whales would all do the same and buy more. Unless the Internet dies then the best thing to do would just accumulate what I could afford while it was cheap. I doubt that will happen anytime soon though.

I dont think that the whales would buy more since its only 1$ and they have so much bitcoin in their wallet and lose so much money they will just well all they have and move to a new one.

qiwoman2

legendary

Activity: 2114

Merit: 1023

Oikos.cash | Decentralized Finance on Tron

I would get a lot more Bitcoin if that ever happened because then the whales would all do the same and buy more. Unless the Internet dies then the best thing to do would just accumulate what I could afford while it was cheap. I doubt that will happen anytime soon though.

The Prince Of Egifts

member

Activity: 141

Merit: 10

I'll sell the rest I have and quit.

Topic: If bitcoin dropped to $1, what you do? - page 105. (Read 98162 times)