If bitcoin dropped to $1, what you do? - page 22.

umaOuma

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Quote from: btvGainer on August 07, 2016, 04:41:42 PM

Quote from: cambda on August 06, 2016, 11:45:49 PM

Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I think you hold an negative mindset, if price falls that low then its an best opportunity for us to buy as price will definitely rise in future which will give us good profits.

Yes but if bitcoin price fall too low like $1,many people will lose faith in bitcoin and it will be very difficult for bitcoin,if not impossible,to regain their trust and be back to current price

True believers of bitcoin will continue to buy bitcoins even if price falls that low, and once people will start buying it will again take price to higher level.

btvGainer

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Quote from: cambda on August 06, 2016, 11:45:49 PM

Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I think you hold an negative mindset, if price falls that low then its an best opportunity for us to buy as price will definitely rise in future which will give us good profits.

Yes but if bitcoin price fall too low like $1,many people will lose faith in bitcoin and it will be very difficult for bitcoin,if not impossible,to regain their trust and be back to current price

Lionidas

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I might give up on it just as I would think everyone else would.
Mostly the ones that have alot of bitcoins. They would be very upset and broke at the same time. Undecided

bit1

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Quote from: ubitcoin on August 07, 2016, 11:40:15 AM

Quote from: chaosknight on August 07, 2016, 08:39:35 AM

Quote from: ?? on ??

Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I don't think bitcoin is not going to die even the price is going to reach one dollar because good thing that is going to happen with it is that many bitcoin people are going to see the advantage of the dump price of bitcoin and going to buy a lot. And if that happens they are helping the bitcoin to make its price to increase again.

Yeah if price falls that low then every one will start buying coins and it will take price again to a higher level so I think there is nothing to worry even if price goes that low.

That's only gonna happen if the adoption for bitcoin is not dropped.
If there are a lot of people who stopped using bitcoins and most miners quit from that reason, then there is really no point in getting those bitcoins anymore since they would most probably be worthless.

Agree, however you be surprised to know that even so people buy things giving them another value such as collectors, and sometimes it is incredible that such things still have value even after being no longer commonly used, something similar could happen here that would prevent reaching that value as low, in the worst case.

ubitcoin

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Quote from: chaosknight on August 07, 2016, 08:39:35 AM

Quote from: ?? on ??

Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I don't think bitcoin is not going to die even the price is going to reach one dollar because good thing that is going to happen with it is that many bitcoin people are going to see the advantage of the dump price of bitcoin and going to buy a lot. And if that happens they are helping the bitcoin to make its price to increase again.

Yeah if price falls that low then every one will start buying coins and it will take price again to a higher level so I think there is nothing to worry even if price goes that low.

That's only gonna happen if the adoption for bitcoin is not dropped.
If there are a lot of people who stopped using bitcoins and most miners quit from that reason, then there is really no point in getting those bitcoins anymore since they would most probably be worthless.
But, amazingly we do see daily growth in bitcoin adoption rate and rise in bitcoin mining difficulties. So, nothing is there to worry for bitcoiners.

chaosknight

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Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I don't think bitcoin is not going to die even the price is going to reach one dollar because good thing that is going to happen with it is that many bitcoin people are going to see the advantage of the dump price of bitcoin and going to buy a lot. And if that happens they are helping the bitcoin to make its price to increase again.

Yeah if price falls that low then every one will start buying coins and it will take price again to a higher level so I think there is nothing to worry even if price goes that low.

dihari

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It's base on why bitcoin price is drop to 1 dollar. If it cause by the economics condition or politics aggrement, i will buy it more than money i have. Because i think it will be a good move.
But if that cause by an error script of encryptions or whatever about crash that i don't understand, i quit to use it and start looking for some new coins with good future.

cambda

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Quote from: FoendyZ on August 06, 2016, 11:42:48 PM

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

I think you hold an negative mindset, if price falls that low then its an best opportunity for us to buy as price will definitely rise in future which will give us good profits.

FoendyZ

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Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

renem

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if bitcoin dropped to 1$ i will gonna do is to sell all my gadgets things and then buy a lot of bitcoin as in lots of bitcoins then i hold it until it becoming expensive again where the bitcoin can sell up to 500$ waiting too long is just easy to do seeing your money growing all you need to do is to sit and relax until the price increase again

Wapinter

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I would also buy atleast 100 bitcoin though this is highly unlikely to happen

johnnyyash

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I will want to buy more bitcoin and sell later, when there is an increase in price of 1 btc

madawg

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I would sell the farm and buy all of them lol

dezoel

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Quote from: buyinbtc on August 06, 2016, 04:15:03 PM

Quote from: AlanDiz on August 04, 2016, 01:55:44 PM

I would sell my mommas van and buy 5000 btc. Then I would dedicate my life to pumps.

i would just buy as much bitcoins as possible too in order to hold it for the future, the price would surely bounce back to at least 50 dollars so i would make good money

I think it will go above $50 if price falls to $1 as people will start buying it like crazy which will allow bitcoin to rise once again and even if it reaches to $100 then its a good profit to earn.

buyinbtc

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Quote from: AlanDiz on August 04, 2016, 01:55:44 PM

I would sell my mommas van and buy 5000 btc. Then I would dedicate my life to pumps.

i would just buy as much bitcoins as possible too in order to hold it for the future, the price would surely bounce back to at least 50 dollars so i would make good money

prtty2gal2

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Quote from: Tanic on August 05, 2016, 08:40:59 AM

I heard that today ETH is the good way for investment, the price rising very fast. If bitcoin will drop to 1$ I don't know what will I do, maybe hoping for it rise again till the high level. But I calm myself that I don't invest my own money in this, everything I made is just from commenting and a little bit of gambling.

Depends on what the trend about bitcoin on the time it happens. You never know, the moment bitcoin dropped to $1 maybe in a few centuries it's normal for most of bitcoin holders. But as of now, investing all the time regardless how much price levels bitcoin drops to, must be a way to have more number of bitcoins as we have faith that bitcoin will bounce back.

coin_gambler

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Quote from: AlanDiz on August 04, 2016, 01:55:44 PM

I would sell my mommas van and buy 5000 btc. Then I would dedicate my life to pumps.

and you would possibly lose money if you would buy at a wrong time and sell when price is too low, i think pumps are really risky to participate in right now

BitcoinPaw

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I am gonna buy many many bitcoins and also i will recommend to my firends to do the same, cause i know that bitcoin is always recovering after this decreasing.

co5hike

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Quote from: avikz on August 06, 2016, 01:33:02 PM

It will be a horrible day for me. I have saved bitcoin with only hope that the price will go up one day and I will be able to make few of my dreams come true.

If bitcoin price comes to $1, then all the attractions towards bitcoin will end for me. The price of bitcoin is the most important factor for me and I if price is gone, nothing will remain.

Don't worry mate that day will never come when price will drop that low, so its better not to think about it and enjoy the ride with bitcoin as it will grow more in future.

avikz

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It will be a horrible day for me. I have saved bitcoin with only hope that the price will go up one day and I will be able to make few of my dreams come true.

If bitcoin price comes to $1, then all the attractions towards bitcoin will end for me. The price of bitcoin is the most important factor for me and I if price is gone, nothing will remain.

Topic: If bitcoin dropped to $1, what you do? - page 22. (Read 98180 times)