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Topic: If bitcoin dropped to $1, what you do? - page 23. (Read 98138 times)

member
Activity: 82
Merit: 10
August 06, 2016, 02:01:46 PM
even if there is a reason, i would still buy some since there so cheap. $20 wouldn't hurt. just in case Wink
hero member
Activity: 756
Merit: 500
August 06, 2016, 01:46:50 PM
I think price will never fall that low in future and if it goes that low then majority of people will get panic and they will not bother about bitcoin and will switch to some other product.
yes i think same... If the price fall that low then the people will be inerested in other product which is profitable for them


Many of them would do it or maybe some would still stick to it with the hope of growing again to where it was before reaching there, and after that if it starts recovering it would again start having a new and large user database and investors.
sr. member
Activity: 672
Merit: 250
August 06, 2016, 05:35:20 AM
I think price will never fall that low in future and if it goes that low then majority of people will get panic and they will not bother about bitcoin and will switch to some other product.

Exactly, and there are many people who are saying they will buy more bitcoins because it will grow again, they dont think for a moment that if bitcoin really drops to that amount it would surely not have the potential to grow again that soon because there would be a reason behind the drop.
sr. member
Activity: 491
Merit: 250
August 05, 2016, 11:37:10 AM
I think price will never fall that low in future and if it goes that low then majority of people will get panic and they will not bother about bitcoin and will switch to some other product.
yes i think same... If the price fall that low then the people will be inerested in other product which is profitable for them
hero member
Activity: 868
Merit: 1000
August 05, 2016, 10:56:01 AM
I think price will never fall that low in future and if it goes that low then majority of people will get panic and they will not bother about bitcoin and will switch to some other product.
sr. member
Activity: 630
Merit: 267
Just follow the rules
August 05, 2016, 10:40:56 AM
I'm gonna buy much as I can to, and then hold for a long time till it back to $500 - $1000 and then sell them, but I think it's impossible for now.
if that gonna happen for four years that bitcoin will drop to 1$ i probably sell all my thing in my life then buy a lots of bitcoin and i will do what you do i will hold it for long until the price of bitcoin will back to normal or price range to 500- 600 dollars where i get rich for a sh*ty miracle hahaha and hopefuly that dream will be come true
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
August 05, 2016, 10:26:19 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.

I think if price drops that low then we need to buy as much as possible and its not wise to depend on gambling to earn bitcoin as there is no assurance of regular returns.
sr. member
Activity: 294
Merit: 250
August 05, 2016, 09:40:59 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.
full member
Activity: 224
Merit: 100
August 05, 2016, 09:36:06 AM
I would sell my mommas van and buy 5000 btc. Then I would dedicate my life to pumps.
i think your mama will not let you sell her van. to me i will stop trading bitcoin any more and i think that no one will be ready to buy it any more because bitcoin will have lost its faith, and people will not ready to believe on it any more. and if the price of bitcoin is dropping from such a high level to such a low level then there must be some problem to it otherwise how can the price of such a stale currency can drop to such a low level.
sr. member
Activity: 672
Merit: 250
August 05, 2016, 06:26:22 AM
If the bitcoin price drops to $1, I will buy a lot of it. I have been accumulating the bitcoin at the current price.
I think think that at that time anyone will buy bitcoin as at that time bitcoin will be considered as a dead currency and no one will believe on t anymore as with that almost all of the users will ave lost larger wealth , and only newbies will invest some of its money but it will not be able to increase the price .

Only a fool would buy bitcoins when it drops to that without knowing the reason behind it, because bitcoin would only fall to that extent if it has some reason without any reason it wont be able to reach there.
hero member
Activity: 798
Merit: 500
August 04, 2016, 03:17:04 PM
If the bitcoin price drops to $1, I will buy a lot of it. I have been accumulating the bitcoin at the current price.
I think think that at that time anyone will buy bitcoin as at that time bitcoin will be considered as a dead currency and no one will believe on t anymore as with that almost all of the users will ave lost larger wealth , and only newbies will invest some of its money but it will not be able to increase the price .
newbie
Activity: 27
Merit: 0
August 04, 2016, 02:55:44 PM
I would sell my mommas van and buy 5000 btc. Then I would dedicate my life to pumps.
legendary
Activity: 3234
Merit: 2112
I stand with Ukraine.
August 04, 2016, 01:53:52 PM
If the bitcoin price drops to $1, I will buy a lot of it. I have been accumulating the bitcoin at the current price.

That's a right decision. I'm not talking about $1 because this will never happen, but to buy below $600 like it is now is a great opportunity and it will not last long. Many people here were thinking several weeks ago "Why didn't I buy below $600?" and now they have a good chance to buy.
newbie
Activity: 61
Merit: 0
August 04, 2016, 01:46:38 PM
If the bitcoin price drops to $1, I will buy a lot of it. I have been accumulating the bitcoin at the current price.
hero member
Activity: 1204
Merit: 500
August 04, 2016, 01:40:44 PM
Nothing special, i will waste biggest part of my money on bitcoins, cause if bitcoin dropped, it will rise again soon and i will get my profit for sure.

Someone should first think that if bitcoins drops from where it is now directly to $1 then there would surely be a reason behind it that didnt let it grow again while it was droping, so what if the reason doesnt let it grow again ever?
Well, if this time, probably very many people who would buy it, perhaps even if they have a lot of money, maybe they will redeem all of his own money into the form of bitcoin, but if it happens later, I guess only the bitcoin faithful who buy it, because the then there might be something better than the bitcoin
hero member
Activity: 518
Merit: 500
August 04, 2016, 01:33:26 PM
I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.


but I am not sure if the price falls to $1 it will recover, but maybe this is the end of bitcoin and everyone will leave bitcoin.
Yeah your right maybe it will be the end of bitcoin if it will happen.. but its impossible to happen right now and i think if the price of bitcoin is going down there is investors are investing back again..
surely people will buy bitcoin when the price drops if they knew how easy it is to earn money by simply buying bitcoin then resell when prices rise.
hero member
Activity: 756
Merit: 500
August 04, 2016, 12:56:08 PM
Nothing special, i will waste biggest part of my money on bitcoins, cause if bitcoin dropped, it will rise again soon and i will get my profit for sure.

Someone should first think that if bitcoins drops from where it is now directly to $1 then there would surely be a reason behind it that didnt let it grow again while it was droping, so what if the reason doesnt let it grow again ever?
hero member
Activity: 994
Merit: 502
August 04, 2016, 06:11:02 AM
yesterday the price started to drop and it reached to about $500 and that was a headache for everyone, so no one will want the price of bitcoin to drop down. We always like the price to increase or to remain stable.
Hahaha but that just stands for some hours and after next few hours later the price is recovering and becak to the normal value, there are a people is feeling headache but otherwise from that there are a people is feeling glad because they buying bitcoin at lower price and just waiting for some hours they getting a profit from that.
Bitcoin falls sharply after Bitfinex has been hacked, the price of bitcoin fell about 14% and today it has creeped upward curing the headache of many people.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
August 04, 2016, 01:49:15 AM
yesterday the price started to drop and it reached to about $500 and that was a headache for everyone, so no one will want the price of bitcoin to drop down. We always like the price to increase or to remain stable.
Hahaha but that just stands for some hours and after next few hours later the price is recovering and becak to the normal value, there are a people is feeling headache but otherwise from that there are a people is feeling glad because they buying bitcoin at lower price and just waiting for some hours they getting a profit from that.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
August 04, 2016, 01:41:33 AM
Nothing special, i will waste biggest part of my money on bitcoins, cause if bitcoin dropped, it will rise again soon and i will get my profit for sure.

It depends on the situation circulating around that price decrease. From the current bitcoin price then reaching it again to $1, it's a disaster and others can say bitcoin is dead.

So before buying such large amount of coins if ever the price will drop to $1, consider these things:

- Why the price reached that status?
- Why it doesn't established a good support from $400, $300, $200, $100 and $50?
- If it doesn't established a resistance from the stated price then bitcoin is dead.


These are some reasonable investment advices. But still 1BTC for $1 would be very attractive for any bitcoin lover. Who wouldn't want to own 100 BTC by just paying $100? At such a low price Bitcoin will be more of a risky gamble than any form of investment. I would still buy them.

You don't get the picture mate. Of course anyone want a cheap price of bitcoin. What Im trying to state here, what is the reason why the price reached that $1 value. From the current price of around to around $600 then going back to $1 that is a big mess and big failure for bitcoin.

How come with the current numbers of adoption, bitcoin usages and active traders, the price reached that kind of status?? Where is the support? Where is the resistance?
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