If bitcoin dropped to $1, what you do? - page 24.

Mauser

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Quote from: chaser15 on August 04, 2016, 12:01:29 AM

Quote from: Akupuniard on August 03, 2016, 06:57:12 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.

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.

chaser15

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Quote from: Akupuniard on August 03, 2016, 06:57:12 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.

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.

elyas772

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Quote from: BicolIsarog on August 03, 2016, 09:27:04 PM

If i'll see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.
But I think it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible. Just kidding, I don't have car & house Cry

that's sad story guys Cheesy

maybe you can sell your self, or you can sell your As*

i think in future bitcoin price will more strong, im sure bitcoin will never reach $1 again. maybe $400 is the permanent low level

Mr. Big

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Quote from: BicolIsarog on August 03, 2016, 09:27:04 PM

If i'll see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.
But I think it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible. Just kidding, I don't have car & house Cry

Funny, but I think it's risky... You may sell your toy car and toy house ( I guess you have atleast one kept for a long time)... Cheesy

that would give you atleast a hundred bucks and buy... But think of your investment as if it is not existing anymore so when it fail, you won't get disappointed and regret that you did that..

madwica

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Quote from: BicolIsarog on August 03, 2016, 09:27:04 PM

If i'll see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.
But I think it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible. Just kidding, I don't have car & house Cry

haha we should sell anything we have to get more bitcoin if the price will dropped at $1, but that is only in dream because it would not happen this time the value of bitcoin is now recovering and going to high again and also it has a great future we need to believe in bitcoin.

BicolIsarog

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If i'll see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.
But I think it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible. Just kidding, I don't have car & house Cry

batang_bitcoin

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Quote from: Akupuniard on August 03, 2016, 06:57:12 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.

You are right with it, just like what happened yesterday it really dropped to a very low price but so far now it is increasing. So, it has something to do with that amount if bitcoin is going to drop to $1. It is just like the same and it is going to increase dramatically again. Better to buy a lot of it if the price is going to be low. But it is not going to happen.

Akupuniard

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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.

PacePay

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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.

Superbitzz

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Quote from: shane on August 03, 2016, 11:15:19 AM

Quote from: Ferrero on August 03, 2016, 11:00:36 AM

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.

yes that is a fact and there is no doubt about this, that if the price of bitcoin falls down to 1$ then all the people will lose faith on bitcoin and no one will be ready to buy it even at such a low level and then that might be the end of bitcoin but i do not think that such kind of thing can ever be happen, because bitcoin is one of the popular crypto currency of the world and still so popular and people are trusting on it therefore it will stay alive.

tyz

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Bitcoin has died so many times before. It will definetely also survive the Bitfinex crisis. MtGox was much more worse in my opinion. The Bitcoin environment is more stable today then years ago. We should think positive. In a couple of weeks, Bitfinex will just be another hack attack that has affected Bitcoin for short time.

Quote from: crairezx20 on August 03, 2016, 11:38:41 AM

Quote from: shane on August 03, 2016, 11:15:19 AM

Quote from: Ferrero on August 03, 2016, 11:00:36 AM

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..

crairezx20

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Quote from: shane on August 03, 2016, 11:15:19 AM

Quote from: Ferrero on August 03, 2016, 11:00:36 AM

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..

shane

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Quote from: Ferrero on August 03, 2016, 11:00:36 AM

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.

Ferrero

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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.

Aamir1

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Quote from: diodio5 on August 03, 2016, 12:00:41 AM

Quote from: buddu on August 02, 2016, 12:08:22 PM

I would love to see this happening to have chance of grabbing many Bitcoin at $1 but this will not happen anymore. This recent event of halving put stamp on Bitcoin's price to remain above $380 so we loose chance if was ever possible of that thing. Bitcoin's price over all will remain between $ 500-650 for some period with small ups and downs like these days is happening.

I think before you buy a lot of bitcoin at a very low price you must calculate bitcoin is it still has the potential to grow back or not?
you must perform calculations with it. because if you do not think of it. could have precisely bitcoin prices back to $ 0 and you lose 100%

That is really something to be considered, everyone is saying that they would buy more and more bitcoins if it drops to $1 but they are not thinking that if bitcoins drops to $1 there would surely be a reason for that, and maybe that reason wont let it grow again.

JeffBrad12

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Quote from: Zadicar on August 03, 2016, 12:56:34 AM

Quote from: chaser15 on August 02, 2016, 11:49:29 PM

Quote from: dunfida on August 02, 2016, 11:46:48 PM

Quote from: ?? on ??

Quote from: BlueStackz on August 02, 2016, 01:21:33 PM

Quote from: trafficolaa on July 30, 2016, 03:55:26 AM

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.

I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would surely pump up again and we can make profits out of it. Some of bitcoin holders might sell their bitcoin in volume it might be the cause why the bitcoins price decreases.

They take profits because they are expecting a price decrease. And because of that they can buy again at the possible lowest rate to be reached. After that the price will somehow recover and will experienced again a slow rise resulting for profit again who take advantage of that price dip.

Thats why some traders really loves bitcoin price dumps since they see it as an oppurtunity to make good profits of such price drop. They could make of good amount of money when the price goes up again and more. Some people already panicking as if they saw the bitcoins price is already dropping then they sell of their coins.

You don't need to equalize the people is not a traders with traders, because they're having different intentions for using bitcoin. maybe for the traders if the price is getting falling will become a good moment for dumoed the bitcoin but for the another people is using bitcoin become a currency and online payment is feeling worry about this situation.

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Quote from: blackmachinegun on August 03, 2016, 01:10:04 AM

Quote from: XERES on August 02, 2016, 11:56:38 PM

Quote from: Maesters1- on August 02, 2016, 12:44:56 PM

Quote from: sobsitesearch on August 02, 2016, 02:27:38 AM

Quote from: XERES on August 02, 2016, 01:18:44 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.

I think all of us will do that but i also agree that it will impossible to happen because bitcoin value is continuous increasing due to continuous adoption by the people and also some online store.

you can see that in current time the price of bitcoin has dropped to 600$ and what is the reaction of the people, you can check the selling volume. so what do you think that what will happen if the price of bitcoin dropped to 1 dollar i dont think that any one will be ready to do investment in bitcoin again.

Indeed it was down in last three days but maybe it will goes up again but who knows, no one really know about the price maybe after this it will go up to $1000 or down

I think people would tend to be afraid to think that bitcoin will potentially come back because after bitcoin down very deeply into $ 1 there are certainly many people who lost huge. and maybe it makes a lot of traumatized people to invest into bitcoin again. I think when bitcoin fell to $ 1 that was the end of bitcoin

i think whales are ready for that situation mate and bitcoin can easily recovers 1 $ price would be a great advantage to us who already understand the power of bitcoin bouncing back will be sure to happen i just feel sorry for those who don't understand and afraid to lose because in this kind of investment you need to disregard your emotion to gain more.

blackmachinegun

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Quote from: XERES on August 02, 2016, 11:56:38 PM

Quote from: Maesters1- on August 02, 2016, 12:44:56 PM

Quote from: sobsitesearch on August 02, 2016, 02:27:38 AM

Quote from: XERES on August 02, 2016, 01:18:44 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.

I think all of us will do that but i also agree that it will impossible to happen because bitcoin value is continuous increasing due to continuous adoption by the people and also some online store.

you can see that in current time the price of bitcoin has dropped to 600$ and what is the reaction of the people, you can check the selling volume. so what do you think that what will happen if the price of bitcoin dropped to 1 dollar i dont think that any one will be ready to do investment in bitcoin again.

Indeed it was down in last three days but maybe it will goes up again but who knows, no one really know about the price maybe after this it will go up to $1000 or down

I think people would tend to be afraid to think that bitcoin will potentially come back because after bitcoin down very deeply into $ 1 there are certainly many people who lost huge. and maybe it makes a lot of traumatized people to invest into bitcoin again. I think when bitcoin fell to $ 1 that was the end of bitcoin

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Quote from: chaser15 on August 02, 2016, 11:49:29 PM

Quote from: dunfida on August 02, 2016, 11:46:48 PM

Quote from: ?? on ??

Quote from: BlueStackz on August 02, 2016, 01:21:33 PM

Quote from: trafficolaa on July 30, 2016, 03:55:26 AM

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.

I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would surely pump up again and we can make profits out of it. Some of bitcoin holders might sell their bitcoin in volume it might be the cause why the bitcoins price decreases.

They take profits because they are expecting a price decrease. And because of that they can buy again at the possible lowest rate to be reached. After that the price will somehow recover and will experienced again a slow rise resulting for profit again who take advantage of that price dip.

Thats why some traders really loves bitcoin price dumps since they see it as an oppurtunity to make good profits of such price drop. They could make of good amount of money when the price goes up again and more. Some people already panicking as if they saw the bitcoins price is already dropping then they sell of their coins.

CrimBit

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Quote from: overthetop2011 on August 03, 2016, 12:01:51 AM

No hesitation, buy as much as I can.

but im not sure you will interesting to buy at $1 maybe you will waiting price down to $0.5 Cheesy

if bitcoin price down to $1 im sure whales will ready to buying at $2, and people can't buy under it Roll Eyes

Topic: If bitcoin dropped to $1, what you do? - page 24. (Read 98180 times)