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Topic: If bitcoin dropped to $1, what you do? - page 14. (Read 98136 times)

member
Activity: 112
Merit: 10
August 14, 2016, 12:58:57 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.

It is just an imagination because that is not gonna happen if we the situations right now, a coin would only drop its price to such a big extent if it is not used and bought by any user but that is not the case with bitcoin, but the community is increasing day by day and investors are investing more and more into it so how come it can drop its price so drastically?

Yes, it is just a imagination but it's not impossible. I mean maybe it's not will dropped on 1$ but there can be a time when 1btc=50$ or less than 50$. It can be happen for many reason such as hacking. So, if bitcoin price down like that I will buy as more as btc I can so that when it's price will increase I can make profit. I believe and also hope that bitcoin price may not down like that but nothing is impossible.
I dont think anyone can hack such a big amount of btc. A hacker has to stole 1/4 from all bitcoin for price to go that low
sr. member
Activity: 294
Merit: 250
August 14, 2016, 12:56:40 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.

It is just an imagination because that is not gonna happen if we the situations right now, a coin would only drop its price to such a big extent if it is not used and bought by any user but that is not the case with bitcoin, but the community is increasing day by day and investors are investing more and more into it so how come it can drop its price so drastically?

Yes, it is just a imagination but it's not impossible. I mean maybe it's not will dropped on 1$ but there can be a time when 1btc=50$ or less than 50$. It can be happen for many reason such as hacking. So, if bitcoin price down like that I will buy as more as btc I can so that when it's price will increase I can make profit. I believe and also hope that bitcoin price may not down like that but nothing is impossible.
sr. member
Activity: 672
Merit: 250
August 14, 2016, 12:45:14 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.

It is just an imagination because that is not gonna happen if we the situations right now, a coin would only drop its price to such a big extent if it is not used and bought by any user but that is not the case with bitcoin, but the community is increasing day by day and investors are investing more and more into it so how come it can drop its price so drastically?
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
August 14, 2016, 01:25:58 AM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin

It would really not be enjoyable for us if something having a big value drops drastically and grow again for making us able to make 10 times profit, because even if we earn 10 times profit with 1 bitcoin at that time we will still not be able to recover out losses as the price right now is a lot compared to that so the coins we have now would be worthless.
i would buy btc worth 900$ that is 900 btc , and then will forget about it until next halving and i feel that till then btc price will not be 1$ may be somewhat higher than i bought , but this 1$ drop will not happen at-least not Smiley
Hahahaha maybe with investing $900 in BTC and you got 900 BTC and for several times the price of BTC is increased just for 1 dollar and you've got more than $800 for just for your profit ant that's amazing.


If price falls to that level then we should take risk of buying maximum number of coins because even a small rise in price can give us best profits.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
August 14, 2016, 01:24:03 AM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin

It would really not be enjoyable for us if something having a big value drops drastically and grow again for making us able to make 10 times profit, because even if we earn 10 times profit with 1 bitcoin at that time we will still not be able to recover out losses as the price right now is a lot compared to that so the coins we have now would be worthless.
i would buy btc worth 900$ that is 900 btc , and then will forget about it until next halving and i feel that till then btc price will not be 1$ may be somewhat higher than i bought , but this 1$ drop will not happen at-least not Smiley
Hahahaha maybe with investing $900 in BTC and you got 900 BTC and for several times the price of BTC is increased just for 1 dollar and you've got more than $800 for just for your profit ant that's amazing.
legendary
Activity: 1162
Merit: 1000
August 14, 2016, 12:43:41 AM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin

It would really not be enjoyable for us if something having a big value drops drastically and grow again for making us able to make 10 times profit, because even if we earn 10 times profit with 1 bitcoin at that time we will still not be able to recover out losses as the price right now is a lot compared to that so the coins we have now would be worthless.
i would buy btc worth 900$ that is 900 btc , and then will forget about it until next halving and i feel that till then btc price will not be 1$ may be somewhat higher than i bought , but this 1$ drop will not happen at-least not Smiley
legendary
Activity: 1134
Merit: 1597
August 13, 2016, 11:44:12 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.

You need to have at least 100BTC to do something with it then. $0.5, $5 or even $10 would help with nothing. Selling is a bad idea, because you would already loose hundreds of bucks... Now loosing a few more dollars wouldn't do much more damage. But I can't see BTC going that down because people would go and buy Bitcoins, so the price would be stable. If it would go to $1, everyone will buy and it will skyrocket back to $600.
hero member
Activity: 2912
Merit: 629
August 13, 2016, 10:52:47 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.
it is a very good deed. you give your money to people in need. for me it's better to keep it first and then sell it when the price increases bitcoin. it will be more meaningful.
Yes i believe that if bitcoin dropped to $1 i will buy more and its better to just keep it in your wallet and wait for the value to increase again so we can earn. but just like others say i think it wont happen.
c2e
newbie
Activity: 43
Merit: 0
August 13, 2016, 10:49:30 PM
I'd open as many credit cards and other loans as I could to purchase btc.
legendary
Activity: 1414
Merit: 1001
August 13, 2016, 10:46:29 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.
it is a very good deed. you give your money to people in need. for me it's better to keep it first and then sell it when the price increases bitcoin. it will be more meaningful.
sr. member
Activity: 420
Merit: 250
August 13, 2016, 10:35:16 PM
If bitcoin's price dropped to $1, i think i will give it all to the community. Because $1 is really don't' have price for me, a huge down from -+$600 into $1. I hope it never happen.
sr. member
Activity: 756
Merit: 294
August 13, 2016, 09:48:28 PM
I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.

I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO
As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend
Definitely it is not going to happen. For long it had survived and now the price per bitcoin is nearly $600. So if it drops it can be up to $400, if so I will buy coins as much as possible.

I think even we will not see the price of $400 in future, bitcoin will never see that price in future as even if it drops then it won't go below $500 in future.

I also think the same as you, most likely in the next year or future prices will not fall below $500, although it is still possible, and it could happen because some hacker exchanger issues. except if the price has gone above $1000, I think prices will solid with any negative news, and at least will not fall below $500

Yeah price will not go below that level unless there is too bad news related to bitcoins, but we should not worry at a moment as price is rising and it will be a lot higher when we reach to the end of the year.

No matter the price would be of bitcoins. My focus is getting more bitcoins as much as I can - I don't do this in short-term but long term. Accumulating more coins now will surely reap a good harvest in decades from now.

I only cashout bitcoins when I needed something. The rest are held and others are used to get more bitcoins.
legendary
Activity: 2002
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
August 13, 2016, 02:07:52 PM
I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.

I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO
As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend
Definitely it is not going to happen. For long it had survived and now the price per bitcoin is nearly $600. So if it drops it can be up to $400, if so I will buy coins as much as possible.

I think even we will not see the price of $400 in future, bitcoin will never see that price in future as even if it drops then it won't go below $500 in future.

I also think the same as you, most likely in the next year or future prices will not fall below $500, although it is still possible, and it could happen because some hacker exchanger issues. except if the price has gone above $1000, I think prices will solid with any negative news, and at least will not fall below $500

Yeah price will not go below that level unless there is too bad news related to bitcoins, but we should not worry at a moment as price is rising and it will be a lot higher when we reach to the end of the year.
hero member
Activity: 518
Merit: 500
August 13, 2016, 02:04:17 PM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin

It would really not be enjoyable for us if something having a big value drops drastically and grow again for making us able to make 10 times profit, because even if we earn 10 times profit with 1 bitcoin at that time we will still not be able to recover out losses as the price right now is a lot compared to that so the coins we have now would be worthless.
to be honest I was a little confused by what you mean, how the loss will not be covered if we can get 10 times profit with the same capital and I think coins would be worthless if you let it stay idle in the wallet.
hero member
Activity: 756
Merit: 500
August 13, 2016, 01:19:54 PM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin

It would really not be enjoyable for us if something having a big value drops drastically and grow again for making us able to make 10 times profit, because even if we earn 10 times profit with 1 bitcoin at that time we will still not be able to recover out losses as the price right now is a lot compared to that so the coins we have now would be worthless.
legendary
Activity: 1316
Merit: 1145
August 13, 2016, 12:03:06 PM
I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.

I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO
As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend
Definitely it is not going to happen. For long it had survived and now the price per bitcoin is nearly $600. So if it drops it can be up to $400, if so I will buy coins as much as possible.

I think even we will not see the price of $400 in future, bitcoin will never see that price in future as even if it drops then it won't go below $500 in future.

I also think the same as you, most likely in the next year or future prices will not fall below $500, although it is still possible, and it could happen because some hacker exchanger issues. except if the price has gone above $1000, I think prices will solid with any negative news, and at least will not fall below $500
legendary
Activity: 1596
Merit: 1011
August 13, 2016, 11:59:14 AM
Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.
very impossible. it is all of our dreams: D. with profits up to 10 times we could become very rich in a short time. but we will not know when it happened. we are all waiting for such an enjoyable time.  Grin
sr. member
Activity: 462
Merit: 250
August 13, 2016, 11:50:33 AM
i will buy as much as i can. but i think it's not posible for bitcoin to dropped to $1, except shit happened everywhere in the world
legendary
Activity: 2324
Merit: 1101
August 13, 2016, 11:38:52 AM
I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.

I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO
As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend
Definitely it is not going to happen. For long it had survived and now the price per bitcoin is nearly $600. So if it drops it can be up to $400, if so I will buy coins as much as possible.

I think even we will not see the price of $400 in future, bitcoin will never see that price in future as even if it drops then it won't go below $500 in future.
hero member
Activity: 994
Merit: 502
August 13, 2016, 11:05:13 AM
I don't think that bitcoin will ever reach to that price, price will keep on going higher in coming years so I think we should not waste our time in something that's never gonna happen.

I think all possibilities can happen friend if there are elements behind it. Because although this possibility just 0.0001% but it could happen. But if logically think my bitcoin prices will not suddenly drop to $ 1, and there must be a process that we can observe. thanks IMO
As you said bitcoin cant auddenly drop to 1$ , but in time if the price will go down slowly it can reach that price, but in following year it will not gonna happend
Definitely it is not going to happen. For long it had survived and now the price per bitcoin is nearly $600. So if it drops it can be up to $400, if so I will buy coins as much as possible.
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