If bitcoin dropped to $1, what you do? - page 26.

BlueStackz

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Quote from: naidray on July 31, 2016, 05:17:04 PM

Quote from: rajasumi2 on July 31, 2016, 03:41:07 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.

to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos

Well, such a large pricedrop would destroy the userbase of bitcoin, and the chances of it never coming back once at the 1$ marker at that point would be pretty big; it would be largely overbought. The chances of that happening in the next few years is slim anyways, so keep that in the back of your head.
Do no let things like this bother you too much, but just remember there's always that risk.

The chances for happening so is slim indeed but it's not impossible. The price is slipping right now but it would not reach to $1 obviously. Bitcoin would basically be destroyed if it dropped to $1. But, bitcoin is getting stronger day by day, then why we need to discuss those.

zodin

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Quote from: CrimBit on July 31, 2016, 11:28:30 PM

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

hope that it will never happed again, you can see that people have invested their money in a large number therefore if the price of bitcoin dropped to such a low lever most of the people are going to loose a lot of money, and people will also lose their confidence and then they will not be ready to but it bitcoin again, therefore i will always pray that the price of bitcoin should remain stable never fell down.

andyste

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don't you think and underestemate is bitcoin price every one bitcoin is only one dollar
because not real and not true accidenet bitcoin price one dollar is every one bitcoin
is true accident is bitcoin death and people can not use again bitcoin because tx transaction not use normal
because not somebody miner mining again because not profit but lost

rickadone

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Quote from: uquid on July 30, 2016, 04:07:28 AM

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.

if bitcoin value =1$ that mean it almost have no value (or another coin replaced bitcoin)
it also mean market have no longer keen on this kind of coin
or it have so much bitcoin in market
> i do not thing this happen will present

Basically if you ever think that any coin can replace bitcoins then please wake up, this can not happen. For a second I can believe somehow that price drops to $1 per bitcoin but never ever can any other altcoin replaces bitcoins.

Aamir1

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Quote from: naidray on July 31, 2016, 05:17:04 PM

Quote from: rajasumi2 on July 31, 2016, 03:41:07 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.

to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos

Well, such a large pricedrop would destroy the userbase of bitcoin, and the chances of it never coming back once at the 1$ marker at that point would be pretty big; it would be largely overbought. The chances of that happening in the next few years is slim anyways, so keep that in the back of your head.
Do no let things like this bother you too much, but just remember there's always that risk.

Such a large pricedrop is only possible if the user database of bitcoin is destroyed because of some other reason and that makes everyone sell their coins and stop using bitcoin, otherwise i dont see any reason for bitcoin droping to that extent in next few years.

JeffBrad12

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Leading Crypto Sports Betting & Casino Platform

Quote from: madwica on July 31, 2016, 11:47:40 PM

Quote from: CrimBit on July 31, 2016, 11:28:30 PM

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

but this is impossible to happen because time by time people will start using bitcoin the demand will increase and it reflects on the price itself.

that's right because it's like a miracle in this time to happened, like yesterday I saw a new users of bitcoin in this forum and talking about some instructions for a newbies and that is will showed for us the potentially of bitcoin can make the new people is interested f0r using bitcoin in their life.

CrimBit

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Quote from: madwica on July 31, 2016, 11:47:40 PM

Quote from: CrimBit on July 31, 2016, 11:28:30 PM

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

I think all of user will do that invest a thousand of bitcoin considering the amount they can afford to lose then wait for the time to sell it, but this is impossible to happen because time by time people will start using bitcoin the demand will increase and it reflects on the price itself.

that's right, but we don't know anything about future, maybe new cryptocurrency will be adopted by international goverment, and goverment will replace bitcoin with it.

madwica

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Quote from: CrimBit on July 31, 2016, 11:28:30 PM

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

I think all of user will do that invest a thousand of bitcoin considering the amount they can afford to lose then wait for the time to sell it, but this is impossible to happen because time by time people will start using bitcoin the demand will increase and it reflects on the price itself.

Yakamoto

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Quote from: CrimBit on July 31, 2016, 11:28:30 PM

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

Four years ago was a long time in Bitcoin terms, and I'm sure that there would be so many people buying it that there would be no way for it to really go that low. If it does though, expect a majority of orders to be bought out INCREDIBLY quickly, and the market to have a relatively quick turnaround. Unless everyone bails on Bitcoin and everything disappears and the value evaporates and no-one wants Bitcoin anymore, then we'll see a lot of wealth being made quite quickly.

CrimBit

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if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.

Achargeturry78

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Quote from: PokerFace3 on July 02, 2016, 10:30:50 AM

Seeing its popularity and demands its almost impossible to hit that $1 also less then 50$ . so such thoughts of price is just useless. market is growing bigger and bigger . people are getting more into online shops. so i see clear future for bitcoin Cheesy

hmm anybody could predict that bitcoins demand hit tthe price of 1$ or 50$ but there is no assurance that our prediction will be right, and the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen which that miracle happens and it's RIP for the miners and hopefully bitcoin will become more useful and famous

naidray

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Quote from: rajasumi2 on July 31, 2016, 03:41:07 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.

to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos

Well, such a large pricedrop would destroy the userbase of bitcoin, and the chances of it never coming back once at the 1$ marker at that point would be pretty big; it would be largely overbought. The chances of that happening in the next few years is slim anyways, so keep that in the back of your head.
Do no let things like this bother you too much, but just remember there's always that risk.

rajasumi2

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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.

to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos

bluechipinvestor

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It sounds like a good entry price.

Blackmet

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I will buy bitcoins on all of my money because i know, than later bitcoin will start rising and i will return all my wastings easily, but i am not sure that it's can happen.

MaritiJames3

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Quote from: aesma on July 31, 2016, 02:17:34 PM

It can't go to 1$ without being dead. At 100$ or 10$, you have thousands of people ready to buy huge amounts, so how would it go down to 1$ ? It just can't happen, unless it's completely broken, but even then, it won't be 1$, it will be 0 or an unknown amount, because it will be broken.

Yes that would mean that bitooin is close to dead and while this still can happen I don't see this happening in the short future.
It's just not likely to happen.

Bitcotalk

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Quote from: fireball4 on July 31, 2016, 09:35:14 AM

Quote from: ShrykeZ on July 31, 2016, 09:22:55 AM

I'd continue to use it unless there was a fundamental flaw with Bitcoin, although if it did reach that it would likely be due to an unrecoverable flaw.

the same for me, bitcoin is definitely a great technology and it will have great future i think thats why i would definitely use it all the time

Using it all the time at all the prices is sensible, as bitcoin is the only payment system which every internet user have access to it so any online store which will access bitcoin will have access to all of the people who will use internet, while other payment systems just suck our money and there are a lot of restrictions at there.

aesma

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fly or die

It can't go to 1$ without being dead. At 100$ or 10$, you have thousands of people ready to buy huge amounts, so how would it go down to 1$ ? It just can't happen, unless it's completely broken, but even then, it won't be 1$, it will be 0 or an unknown amount, because it will be broken.

bitlancr

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Quote from: udaywiz on July 31, 2016, 12:23:01 PM

I think it will break all time ($1000) by the end of 2016.

This could be, but don't count on it. If you don't want to get dissapointed aim for a target of 800 dollar.
The downside is not 1 dollar (I wish) but more like 400 dollar.

udaywiz

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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 it will break all time ($1000) by the end of 2016. I never think it will goes to $1. If this happen, I will surely buy it.

Topic: If bitcoin dropped to $1, what you do? - page 26. (Read 98138 times)