Topic: If bitcoin dropped to $1, what you do? - page 18. (Read 98180 times)

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

If price falls to $1 and if he buys 100 btc and after that if bitcoin disappears he will have loss of only $100, no big deal in loosing that amount, but just imagine if price again goes higher how big profits he can make.

Yes it's just for $100 but think of this. Do you really think everyone will trust bitcoin after going back to $1? Going back to this level is a really a big and large destruction in the status of bitcoin. It can't hold $500, $400, $300, $200, $100, $50 etc that's why it reached a $1.

Believe me, bitcoin is already dead once the price hits $1. After establishing support for many years, still bitcoin reached that status, that is a doubt now for big investors.

What you said is true but is it really possible for bitcoin to go that low in future? To be honest I don't think we will ever see that price of bitcoin and in worst case if it falls there then it will be an end of bitcoin.

I think it won't happen. Im just stating that possible view if ever the price will go back again to the range of $1. Also if we just only back to a level of $300 below that is really an alarming one. The worth of mining is not that pleasing now so I see some miners will quit if ever that will happen.

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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. before, I will seek to know the causes why bitcoin prices to fall to $ 1. If it turns out having analyzed the price is still possible to rise again, then I would do is buy many bitcoin so that when the price goes up later, I can get a lot of profit

before, I will seek to know the causes why bitcoin prices to fall to $ 1. If it turns out having analyzed the price is still possible to rise again, then I would do is buy many bitcoin so that when the price goes up later, I can get a lot of profit

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Quote from: eddyubachs on August 11, 2016, 03:12:45 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

If price falls to $1 and if he buys 100 btc and after that if bitcoin disappears he will have loss of only $100, no big deal in loosing that amount, but just imagine if price again goes higher how big profits he can make.

Thats right, sometimes we have to take the risk because we never know what will happen in the future and it might give us profit. you cant gain anything if you dont try.

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Quote from: chaser15 on August 11, 2016, 03:36:52 AM

Quote from: eddyubachs on August 11, 2016, 03:12:45 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

If price falls to $1 and if he buys 100 btc and after that if bitcoin disappears he will have loss of only $100, no big deal in loosing that amount, but just imagine if price again goes higher how big profits he can make.

Yes it's just for $100 but think of this. Do you really think everyone will trust bitcoin after going back to $1? Going back to this level is a really a big and large destruction in the status of bitcoin. It can't hold $500, $400, $300, $200, $100, $50 etc that's why it reached a $1.

Believe me, bitcoin is already dead once the price hits $1. After establishing support for many years, still bitcoin reached that status, that is a doubt now for big investors.

What you said is true but is it really possible for bitcoin to go that low in future? To be honest I don't think we will ever see that price of bitcoin and in worst case if it falls there then it will be an end of bitcoin.

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Quote from: eddyubachs on August 11, 2016, 03:12:45 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

If price falls to $1 and if he buys 100 btc and after that if bitcoin disappears he will have loss of only $100, no big deal in loosing that amount, but just imagine if price again goes higher how big profits he can make.

Yes it's just for $100 but think of this. Do you really think everyone will trust bitcoin after going back to $1? Going back to this level is a really a big and large destruction in the status of bitcoin. It can't hold $500, $400, $300, $200, $100, $50 etc that's why it reached a $1.

Believe me, bitcoin is already dead once the price hits $1. After establishing support for many years, still bitcoin reached that status, that is a doubt now for big investors.

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Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

If price falls to $1 and if he buys 100 btc and after that if bitcoin disappears he will have loss of only $100, no big deal in loosing that amount, but just imagine if price again goes higher how big profits he can make.

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Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

if you buy a lot of bitcoin maybe it will be more than 100 BTC? what if the price actually die? surely you will lose big money right ?
what would you do dude ?

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Quote from: TGD on August 11, 2016, 02:01:28 AM

Quote from: stromma44 on August 11, 2016, 01:47:16 AM

Quote from: mishra1994 on August 11, 2016, 01:18:01 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

Most of us have the same opionion to buy more and more bitcoins at that stage.I think bitcoin users all over the world would be going to do that and that obviously increase the price of bitcoin because more demand for bitcoin buying than selling.

If price goes that low in future then majority of users will prefer to buy more coins and hold for the future and if everyone will start buying then it will surely increase its price.

Agree that's why its hard to happen right now to go back to 1$ , every time the price will go down there is many investor waiting for iy to buy at cheap price again, then sell it high ending with the price to increase again.

Yes. Most of big trades are taking advantage of the price dip so no way we can't reached that level "for today".

But possibility of that to happen has a small percent but it has chance. And if ever bitcoin will reached that status again, then we can called bitcoin a fail one.

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Quote from: stromma44 on August 11, 2016, 01:47:16 AM

Quote from: mishra1994 on August 11, 2016, 01:18:01 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

Most of us have the same opionion to buy more and more bitcoins at that stage.I think bitcoin users all over the world would be going to do that and that obviously increase the price of bitcoin because more demand for bitcoin buying than selling.

If price goes that low in future then majority of users will prefer to buy more coins and hold for the future and if everyone will start buying then it will surely increase its price.

Agree that's why its hard to happen right now to go back to 1$ , every time the price will go down there is many investor waiting for iy to buy at cheap price again, then sell it high ending with the price to increase again.

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Quote from: mishra1994 on August 11, 2016, 01:18:01 AM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

Most of us have the same opionion to buy more and more bitcoins at that stage.I think bitcoin users all over the world would be going to do that and that obviously increase the price of bitcoin because more demand for bitcoin buying than selling.

If price goes that low in future then majority of users will prefer to buy more coins and hold for the future and if everyone will start buying then it will surely increase its price.

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Quote from: madwica on August 10, 2016, 10:39:32 PM

Quote from: Zadicar on August 10, 2016, 10:28:02 PM

Quote from: madwica on August 10, 2016, 09:18:11 PM

Quote from: olivertechy74 on August 10, 2016, 11:24:58 PM

I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

Me too I'm going to use my savings if the price of bitcoin is going to be at that price. Because I do believe that it is going to increase again for sometime and it is going to make me some money if that is going to happen. But of course, we know that bitcoin is on the way to its top destination now so it won't happen.

Im not agree to put all your savings in bitcoin, this senario will happen the price of bitcoin at $1 and you buy all your saving estimated $5000 then the price will rose up to $150 then the bad things happen you can not withdraw your investment what will happen to you? i do not think you can afford to loose all your saving. Think before you act. Invest only how much you can afford to loose. There is limitation always in everything. Do not put all your money at risk.

I totally agree with you, even the bitcoin price would drop like $1 then you risk all your money and assets on that decision on buying all on bitcoin but remember theres still a risk, it might give you a good profit or a total disaster. What if bitcoins price would never pump up again or it totally dies?

That is true we do not need to invest all our money to collect more profit, there is a chance in a one click our dreams will disappear by investing all our savings in bitcoin, because we do not have any insurance in online wallet no one will be liable if the online wallet will stop to operate all your money will taking away from you.

Correct, if you put up all your money on a online wallet which you putted or invest all your money of it then its a big risk of losing it since you wont know what would happen or any circumstances that you wont expect to happen. Just be safe, invest on things that you can afford to lose not all putting your money in a single investment or wallet. Just my opinion.

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I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

Most of us have the same opionion to buy more and more bitcoins at that stage.I think bitcoin users all over the world would be going to do that and that obviously increase the price of bitcoin because more demand for bitcoin buying than selling.

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I Don't think it will drop that much but if this happens i will buy more and more because i think it will go up again

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Quote from: Zadicar on August 10, 2016, 10:28:02 PM

Quote from: madwica on August 10, 2016, 09:18:11 PM

Quote from: madwica on August 10, 2016, 09:18:11 PM

I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

Me too I'm going to use my savings if the price of bitcoin is going to be at that price. Because I do believe that it is going to increase again for sometime and it is going to make me some money if that is going to happen. But of course, we know that bitcoin is on the way to its top destination now so it won't happen.

Im not agree to put all your savings in bitcoin, this senario will happen the price of bitcoin at $1 and you buy all your saving estimated $5000 then the price will rose up to $150 then the bad things happen you can not withdraw your investment what will happen to you? i do not think you can afford to loose all your saving. Think before you act. Invest only how much you can afford to loose. There is limitation always in everything. Do not put all your money at risk.

I totally agree with you, even the bitcoin price would drop like $1 then you risk all your money and assets on that decision on buying all on bitcoin but remember theres still a risk, it might give you a good profit or a total disaster. What if bitcoins price would never pump up again or it totally dies?

That is true we do not need to invest all our money to collect more profit, there is a chance in a one click our dreams will disappear by investing all our savings in bitcoin, because we do not have any insurance in online wallet no one will be liable if the online wallet will stop to operate all your money will taking away from you.

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I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

Me too I'm going to use my savings if the price of bitcoin is going to be at that price. Because I do believe that it is going to increase again for sometime and it is going to make me some money if that is going to happen. But of course, we know that bitcoin is on the way to its top destination now so it won't happen.

Im not agree to put all your savings in bitcoin, this senario will happen the price of bitcoin at $1 and you buy all your saving estimated $5000 then the price will rose up to $150 then the bad things happen you can not withdraw your investment what will happen to you? i do not think you can afford to loose all your saving. Think before you act. Invest only how much you can afford to loose. There is limitation always in everything. Do not put all your money at risk.

I totally agree with you, even the bitcoin price would drop like $1 then you risk all your money and assets on that decision on buying all on bitcoin but remember theres still a risk, it might give you a good profit or a total disaster. What if bitcoins price would never pump up again or it totally dies?

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I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

Me too I'm going to use my savings if the price of bitcoin is going to be at that price. Because I do believe that it is going to increase again for sometime and it is going to make me some money if that is going to happen. But of course, we know that bitcoin is on the way to its top destination now so it won't happen.

Im not agree to put all your savings in bitcoin, this senario will happen the price of bitcoin at $1 and you buy all your saving estimated $5000 then the price will rose up to $150 then the bad things happen you can not withdraw your investment what will happen to you? i do not think you can afford to loose all your saving. Think before you act. Invest only how much you can afford to loose. There is limitation always in everything. Do not put all your money at risk.

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Quote from: jerowacik on August 10, 2016, 07:16:45 PM

I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

im never think the bitcoin price will fail to $1 , the stronger comunity will make bitcoin more strong, and the investor will buy backat 50% from The first purchase price to cover his lost Roll Eyes

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I will use all the money I had. buy bitcoin for 1USD is a smart thing. because we know bitcoin will continue to have rising prices.

for me the price of bitcoin will not achieve that. not enough sense to appreciate bitcoin for 1USD. however, if all that happens I will do the same as you do. buy with all the money I had.

It is a good chance to buy a lot of bitcoins by that time especially if you think you are going to invest in it and believes that bitcoin is going to increase again by that time then for sure you are going to earn a lot when the price is going to fluctuate even for a single dollar and you are holding thousands of it then you earn thousand bucks.

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