If bitcoin dropped to $1, what you do? - page 2.

boyptc

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Quote from: madwica on August 22, 2016, 11:33:26 PM

Base on the question i will buy more bitcoin if that would happen but the percentage is 1% to be happen, as we can see the bitcoin is continue to be stronger digital currency and the value is continuous increasing.

Me either I am going to buy a lot of bitcoins if the price of bitcoin is going to fall any time. Because as long as there are users and consumers for sure that small price is going to increase as the demand is going to become higher. Maybe I will just going to use my savings if the price is going to reach the smallest price with that amount of $1.

madwica

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Base on the question i will buy more bitcoin if that would happen but the percentage is 1% to be happen, as we can see the bitcoin is continue to be stronger digital currency and the value is continuous increasing.

marcuslong

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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.

i think this wouldn't happen why ? because we know that some country are not using bitcoin or in the short term bitcoin in their country are banned some people or investors are still using bitcoin or their always exchange their real money into bitcoin currency so that they can invest and they can easily grow money , some people are using bitcoin currency to gamble for their boredom

MakeMoneyBtc

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Quote from: MakeMoneyBtc on August 22, 2016, 10:17:06 PM

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.

i cant think that this will happen, bitcoin is used by many peoples and i dont think that now it can go that low.

It is very hard to believe that this scenario is going to happen because as we can see what is happening now with bitcoin. But it is going to be better if we are going to be ready if this is going to happen. So that once it happens then you know what you are going to do and you are going to take the advantage of it.

It is ok to pepare for these because in future it will happen. But it can happen instantly of after 1 day.When this is going to happen it will be in a longer time

BitcoinMuscle

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Quote from: MakeMoneyBtc on August 22, 2016, 10:17:06 PM

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.

i cant think that this will happen, bitcoin is used by many peoples and i dont think that now it can go that low.

yea, thats true bitcoin will not fall so faster, maybe in future can drop to 1$ but now it is not possible

MakeMoneyBtc

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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.

i cant think that this will happen, bitcoin is used by many peoples and i dont think that now it can go that low.

sirohige

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Quote from: Universat on August 22, 2016, 07:54:38 PM

Quote from: Oj0 on August 22, 2016, 06:36:10 PM

Many buyers and traders are waiting for that of the bitcoin collapse to 1$. And there will be panic buying at least if such BTC and some traders make panic selling for their bitcoin . I'm also buying and store it and wait until the price of bitcoin getting higher. Because when it fell I knew the next happen is lifting the bitcoin price.

to me i think first it is not possible because bitcoin is now become such a stable currency but if it still fell down to 1$ i will certainly buy a lot of bitcoin, because hope that it price will certainly recover its previous position.

the propability of bitcoin fail to $1 is only 0.001% , the chance is very small but of course anything can happen, im miner of bitcoin the bitcoin diff raising everyday and the price very stable i think for miner today is bad day to mining bitcoin, because the chane to ROI need more than 1 year.

Universat

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Quote from: Oj0 on August 22, 2016, 06:36:10 PM

Many buyers and traders are waiting for that of the bitcoin collapse to 1$. And there will be panic buying at least if such BTC and some traders make panic selling for their bitcoin . I'm also buying and store it and wait until the price of bitcoin getting higher. Because when it fell I knew the next happen is lifting the bitcoin price.

to me i think first it is not possible because bitcoin is now become such a stable currency but if it still fell down to 1$ i will certainly buy a lot of bitcoin, because hope that it price will certainly recover its previous position.

Oj0

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Many buyers and traders are waiting for that of the bitcoin collapse to 1$. And there will be panic buying at least if such BTC and some traders make panic selling for their bitcoin . I'm also buying and store it and wait until the price of bitcoin getting higher. Because when it fell I knew the next happen is lifting the bitcoin price.

PacePay

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Quote from: pocarime32 on August 22, 2016, 08:17:45 AM

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Quote from: SAMKUSH on August 22, 2016, 05:41:11 AM

Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.

but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore.

Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it.

And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc.

If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage.

That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin.

Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins.

If the people buy bitcoin when the price dropped to $1, they are so brave imo, because it's really risky. If the price dropped to $1, i'm not sure people will trust bitcoin anymore.

Yes if the price of bitcoin will reach to $1 then it will be a more risky time with bitcoin as if the price will reach to that value then it will mean that there has occurred a bigger issue with bitcoin and bitcoin failed to compete it.
I hope it will not occur and bitcoin will continue to rise.

SmirnoffVany

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It if took loans to buy bitcoin and later to fuck large income, in the case of a precipice price to $ 1, you have to finish with all that is. How to get out of this I do not understand. But it is good that it is superfluous question or theoretically possible, but not practical.

airsounds

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Probably I would buy a lot of bitcoins, but firstly it's essential to understand the trend of BTC by then, because you will never know that can happen in the future.

upsidedown75

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Quote from: MaddestScientist on August 22, 2016, 09:15:20 AM

if 1 BTC=US$1, I will buy 210000 BTC (i.e. 1%)

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.

You are willing to invest $210.000 for bitcoin when it's value drops to $1, without even considering the trend of bitcoin by then?
What if bitcoin is actually dead by that time? You're only going to be investing that much to a dust.

coin_gambler

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