If bitcoin dropped to $1, what you do? - page 12.

dinda22

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Quote from: opossum on August 15, 2016, 04:30:25 AM

Quote from: dinda22 on August 15, 2016, 04:28:31 AM

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Quote from: bias on August 15, 2016, 02:31:19 AM

If bitcoin had to drop to $1....I would be the first person to abandon it as it would be worthless not only to mine but holding it aswel

I'd buy all your bitcoin

when you buy all bitcoin, and you can not convert it to a fiat, because if the price $1, bitcoin will be crushed, and no exchangers that accept bitcoin again, a.k.a they chose to close

If he has bought at $1 then why he will prefer to sell at the same price? He will surely hold them till price doesn't increase and sell only when bitcoins reaches to some descent level.

there is no time to hold when the price dropped to $1, I even hesitate to price could be increased. but you will suffer large losses.
so I'm not going to take great risks to it, most likely there will be another coin like bitcoin and you can take advantage of it.

erickkyut

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if bitcoin will drop to 1$, i think that will be the time that bitcoin is no longer valuable or no longer patronize by people. i just hope that bitcoin will not come to that state because bitcoin helps a lot of people.

Zadicar

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Quote from: shinratensei_ on August 15, 2016, 08:03:28 PM

Quote from: terman45x on August 15, 2016, 02:52:59 PM

Quote from: coinzat on August 15, 2016, 10:29:02 AM

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

That's true, bitcoin will never fall to that low price in future, in fact it will grow and value will be much higher in future and may be very soon we will experience all time high price of bitcoins.

Considering the market it's just like a shit there are people is still think if bitcoin can dropping into a lower price. their got stability in this time. wish the price increases in the future is more logic than dreamed bitcoin price will get a big dropped.

He is just assuming that the price would go drop low like that. You are right as of now the bitcoin got its momentum and as we all know its price are getting higher and higher as the years goes by but we are commonly experiencing some drops because of some circumstances and thats normal to exprience those things.

madwica

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Quote from: nova-rider on August 15, 2016, 08:26:13 PM

Good moment to buy some. Wink

This is what we need to do, but should invest only the amount you can afford to lose. Do not invest all your money because there is possibility not to increase the price again.

bravehearth0319

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Quote from: plateadodev on April 15, 2016, 08:11:17 PM

I'll sell all the stuff that I got and I don't need right now and buy all the BTCs that I can.

Where in the same road, just what I thought. Because I really do believe as long as there's a community out there that continue buying bitcoin, no doubts that bitcoin will rise up again more than our expectation. Cheesy

boyptc

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Quote from: nova-rider on August 15, 2016, 08:26:13 PM

Good moment to buy some. Wink

This is what are the wise men are going to do if the price of bitcoin of bitcoin is going to fall. They are going to take the chance just like what happened for those people who did bought bitcoin at low price and they are now enjoying their profit because they have been patient and bought bitcoin at low price and this is a great chance if happened.

nova-rider

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Good moment to buy some. Wink

uname

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Quote from: joshvette001 on August 15, 2016, 04:39:09 PM

I wouldn't panic....
I would just try to buy more if there was any left to buy that is. Wink

I think you have to immediately sell when panic selling occurs. because if panic alternating continues then prices will gradually fall and you will lose

shinratensei_

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Quote from: terman45x on August 15, 2016, 02:52:59 PM

Quote from: coinzat on August 15, 2016, 10:29:02 AM

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

That's true, bitcoin will never fall to that low price in future, in fact it will grow and value will be much higher in future and may be very soon we will experience all time high price of bitcoins.

Considering the market it's just like a shit there are people is still think if bitcoin can dropping into a lower price. their got stability in this time. wish the price increases in the future is more logic than dreamed bitcoin price will get a big dropped.

jyale

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I would cry lol..

ttargett

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Quote from: joshvette001 on August 15, 2016, 04:39:09 PM

I wouldn't panic....
I would just try to buy more if there was any left to buy that is. Wink

i would panic to be honest because i would lose a lot of money though i would still hold my bitcoins

Doamader

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Quote from: Ruzka on August 15, 2016, 10:06:59 AM

Not that I would have thought it would drop to $1 a coin but if it did I'm sure my ETH/LISK/WAVES will still have value most likely even more than currently in terms of USD. I would sell a couple of thousands worth and buy up about 5k Bitcoin at $1.

Be sure about one thing bitcoin is the king of crypto world all crypto are traded against bitcoin, sure if bitcoin goes down the most crypto should follow the same, and maybe one ot two would try to get bitcoin place almost instant, but i really believe if bitcoin down all coins will go down instant.

joshvette001

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I wouldn't panic....
I would just try to buy more if there was any left to buy that is. Wink

Bitcotalk

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Quote from: potatopower on August 15, 2016, 03:15:30 PM

Quote from: terman45x on August 15, 2016, 02:52:59 PM

Quote from: coinzat on August 15, 2016, 10:29:02 AM

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

That's true, bitcoin will never fall to that low price in future, in fact it will grow and value will be much higher in future and may be very soon we will experience all time high price of bitcoins.

yeah, it is just impossible for it to crash that much as there are a lot of users in bitcoin at the moment so people will hold their bitcoins

and if any hard tragedy occurred to bitcoin then we can say that the community of bitcoin is much stronger especially its whales who will never leave bitcoin and with that the price will have its destiny in higher value (like it will reach back to $500 sooner) .

bravehearth0319

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Quote from: Monnt on April 15, 2016, 07:09:21 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.

t

If ver bitcoin dropped to 1$ I will be glad if that happen, Why? For sure and I am very sure that most of the bitcoin enthusiast like me will do the same thing, and same feelings to do it. It is because on the day bitcoin dropped at that day also bitcoin will increase just like a sky rocket.

potatopower

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Quote from: terman45x on August 15, 2016, 02:52:59 PM

Quote from: coinzat on August 15, 2016, 10:29:02 AM

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

That's true, bitcoin will never fall to that low price in future, in fact it will grow and value will be much higher in future and may be very soon we will experience all time high price of bitcoins.

yeah, it is just impossible for it to crash that much as there are a lot of users in bitcoin at the moment so people will hold their bitcoins

Blackmet

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I will be upset for a while, but than i think that i will try to buy many many bitcoins, as much as possible, cause i am sure that price will increase again for sure.

terman45x

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Quote from: coinzat on August 15, 2016, 10:29:02 AM

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

That's true, bitcoin will never fall to that low price in future, in fact it will grow and value will be much higher in future and may be very soon we will experience all time high price of bitcoins.

realworld

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If bitcoin price will be one dollar it can be so good for me and i will buy a lot bitcoins for to future because bitcoin is usefull system and i know it cant die because of I will continue to buy bitcoin.

coinzat

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Young but I'm not that bold

when you have a look on bitcoin market volume, you can see it is nearly impossible for bitcoin to reach 1 dollar. the more people get to use bitcoin , the higher price will be , not dropping to $1 !

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