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Topic: If bitcoin dropped to $1, what you do? - page 109. (Read 98181 times)

hero member
Activity: 2814
Merit: 526
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April 16, 2016, 07:24:05 AM
#67
I would buy atleast 10 bitcoins and wait to see if the price rises. I believe that bitcoins can anytime rise and drop but I hope it doesn't create a chaos in the market and die soon. I wouldn't lose hope if it drops but wouldn't even dump my coins at that rate.
Good answer +1
legendary
Activity: 2632
Merit: 1094
April 16, 2016, 07:22:06 AM
#66
I would buy atleast 10 bitcoins and wait to see if the price rises. I believe that bitcoins can anytime rise and drop but I hope it doesn't create a chaos in the market and die soon. I wouldn't lose hope if it drops but wouldn't even dump my coins at that rate.
legendary
Activity: 1526
Merit: 1179
April 16, 2016, 06:33:53 AM
#65
I think many people will see it as the opportunity of their life when the price goes down very low to $1.

But I also think a lot people will lose faith in Bitcoin when it happens. The money flowing out of Bitcoin will try to find its destination into other coins most likely. If this is indeed the case, then I think Litecoin will get a massive boost and increase in value x10 in a very short time.
sr. member
Activity: 490
Merit: 250
April 16, 2016, 06:20:35 AM
#64
I'll 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.
legendary
Activity: 1414
Merit: 1001
April 16, 2016, 06:05:42 AM
#63
I would buy bitcoin with all the money I had. I know because bitcoin future will continue rising over 1USD. I would be very rich.
legendary
Activity: 2520
Merit: 1113
April 16, 2016, 05:56:46 AM
#62
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.

same here ill take this opportunity to buy more bitcoin and wait for the best.
sr. member
Activity: 420
Merit: 250
April 16, 2016, 04:56:01 AM
#61
If Bitcoin dropped to $1 I would most probably abandon the crypto coin and look for other alternatives. Such a severe crash would indicate massive hurdles in its adoption and once it has hit the ground I highly doubt the price will increase again as everyone will be pulling out of Bitcoin enthusiasts and speculators alike. Also a lot of people would have lost a lot of money so I guess no one would want to invest more.

It'll be dead, like a serious security flaw for people to lose confidence in BTCBTCBTC. So yeah, we must move on.
yeah it looks like there is no hope for bitcoin when the price dropped to $ 1. certainly there will be another that replaces the crypto currency. yeah we must move on if that happen
legendary
Activity: 896
Merit: 1000
April 16, 2016, 04:32:27 AM
#60
it's very simple. if the price drops to $1 then i will buy as many coins as i can and save them up for a very long time. i will definitely not buy another coin.
legendary
Activity: 1274
Merit: 1001
April 16, 2016, 04:22:43 AM
#59
That's very terrible news if that happen. I really can't imagine my investment that I've been with over a year become worthless.
But still I can't do nothing since everything can happen because bitcoin being control by 1 aspect , the story will be different if this happen to US dollar that being controlled by each aspect
hero member
Activity: 728
Merit: 501
April 16, 2016, 04:11:57 AM
#58
I personally believe in Bitcoin potentiality, but this kind of numbers makes people and potential investors very skeptical in all bitcoin as a ecosystem.
I personally find damaging for Bitcoin reputation to predict such values.
Actually bitcoin in an emerging technology, maybe in 5 years there will be an enhanced blockchain or something totally new.
legendary
Activity: 1946
Merit: 1137
April 16, 2016, 04:09:51 AM
#57
it will never happen because there is always enough use for bitcoin so people would buy it which makes demand and will keep the price up, besides if the price would have gone down to even $300 i would start buying up as much as i can let alone $1
legendary
Activity: 980
Merit: 1000
April 16, 2016, 04:06:22 AM
#56
if bitcoin back again to $1 i guess nothing you can do unless leave bitcoin forever because the prices will not worth again to save bitcoin for long term because i'm pretty sure that people using bitcoin because they want to get advantages from that
full member
Activity: 154
Merit: 100
April 16, 2016, 03:58:18 AM
#55
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.

Firstly, you should know that time will not come because now bitcoins have alot achieved the top, so bitcoin will not come down.
Secondly, if you imagen  that bitcoin is a dollar, then i think 60% people will buy it, and 40% people will not take interest in it.
hero member
Activity: 762
Merit: 500
April 16, 2016, 02:37:54 AM
#54
Very unlikely, but I will buy more if it happened..
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
April 16, 2016, 02:36:58 AM
#53
if that happen I will buy 1 coin and store it on my wallet and I will treasure it like a beautiful remembrance and someday I will tell a story to my child that my child did you know that this coin has a value of $1000 when I was young Smiley.

That is kind of a little off topic there...I don't remember bitcoin having a value of $1000 till date.Maybe in near future,too soon to make that statement.
full member
Activity: 168
Merit: 100
April 16, 2016, 02:34:38 AM
#52
if that happen I will buy 1 coin and store it on my wallet and I will treasure it like a beautiful remembrance and someday I will tell a story to my child that my child did you know that this coin has a value of $1000 when I was young Smiley.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
April 16, 2016, 02:33:53 AM
#51
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.

Yep, that's exactly what I would do. Unfortunately ( or fortunately idk) this will never happen. There are a lot of smart people who start buying when Bitcoin drops just a bit and that's why there is no chance Bitcoin will drop below $390 ever.
legendary
Activity: 1960
Merit: 1026
April 16, 2016, 02:26:39 AM
#50
I would buy as much as possible and then hold it. maybe it could go back to $1000 as when the initial bitcoin Grin
hero member
Activity: 910
Merit: 1000
「きみはこれ&#
April 16, 2016, 02:23:14 AM
#49
The post is too much Hypothetical to contribute too.I wonder if someone in the past would have ever predicted ,if the bitcoin crosses over 400+.That would turn out to be true,and hence this post is somewhat relevant.
If bitcoin has the potential to bounce from 400 to 1,then the chances of this happening vice versa are even more.I'd simply HODL my coins.
member
Activity: 116
Merit: 10
April 16, 2016, 02:14:23 AM
#48
normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

This will never happen.
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