If bitcoin dropped to $1, what you do? - page 30.

Pattart

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Quote from: dinda22 on July 29, 2016, 12:44:54 PM

Quote from: CryingMidget on July 29, 2016, 12:27:34 PM

Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

and it is clear, bitcoin will be destroyed, but you can take advantage if you are willing to take risks, buying as much as possible, then sell when it reaches $2 or more. after that you get a lot of advantages, and bitcoin in the end might not be a lot of people are using.

nope i think bitcoin prices will not return after the pump down so deep. there must be something reason why bitcoin prices could fall to $ 1 and I think it had to be the end of bitcoin. may be a new competitor that will replace bitcoin. yeaj I think it is better to invest in something new. it would be more secure

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Quote from: dinda22 on July 29, 2016, 12:44:54 PM

Quote from: CryingMidget on July 29, 2016, 12:27:34 PM

Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

and it is clear, bitcoin will be destroyed, but you can take advantage if you are willing to take risks, buying as much as possible, then sell when it reaches $2 or more. after that you get a lot of advantages, and bitcoin in the end might not be a lot of people are using.

That's right for calculating if you buying in price $1 of each bitcoin and you buying a 1000 bitcoin and selling it at the price is $2 and how many the profit you can get man, but the risk is very big.

resilientknight

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I would buy, if there were no authentic signs that the price would fall even more.

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Quote from: PacePay on July 29, 2016, 04:02:23 PM

Quote from: CryingMidget on July 29, 2016, 12:27:34 PM

Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

After that none of the alternative will be able to take the place of bitcoin as bitcoin is the master of all crypto currencies and people after seeing to bitcoin and profit from it, trust and invest in other coins also, if bitcoin will crash to $1 then people will lose trust on other coins also and will not buy them anymore.

Well this thoughts are impossible price of bitcoin will never happen in this year or these following year. but we can save it early if we have a to hour by hour checking or we need to use alarm and set when the price is going to low..
so that we can sell our bitcoins before its happens..

ajun96

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Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

nope i think it may happen for several reasons like bitcoin is no longer needed or distrust towards bitcoin users, panic selling and so forth
but for the present or the past few years I thought it could not possibly bitcoin prices will drop to $ 1. The new era of bitcoin will begin

PacePay

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Quote from: CryingMidget on July 29, 2016, 12:27:34 PM

Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

After that none of the alternative will be able to take the place of bitcoin as bitcoin is the master of all crypto currencies and people after seeing to bitcoin and profit from it, trust and invest in other coins also, if bitcoin will crash to $1 then people will lose trust on other coins also and will not buy them anymore.

dinda22

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Quote from: CryingMidget on July 29, 2016, 12:27:34 PM

Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

and it is clear, bitcoin will be destroyed, but you can take advantage if you are willing to take risks, buying as much as possible, then sell when it reaches $2 or more. after that you get a lot of advantages, and bitcoin in the end might not be a lot of people are using.

CryingMidget

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Quote from: HateEU on July 29, 2016, 10:19:30 AM

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

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Quote from: Caladonian on July 29, 2016, 12:17:13 PM

turn bad things to invest i know it will be hard to believe that the price can drop up to this level but we are in the crypto so nothing is impossible just in case things happen it would be a great opportunity to take advantage and buy more and wait for it to bounce back.

Well this is i think we can do that we know bitcoin will increase again back to the present price right now..
So buying bitcoins with that price is one of the good idea but the problem if the bitcoin will still stay at this level.. what is you other way?

Caladonian

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turn bad things to invest i know it will be hard to believe that the price can drop up to this level but we are in the crypto so nothing is impossible just in case things happen it would be a great opportunity to take advantage and buy more and wait for it to bounce back.

HateEU

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Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.

upsidedown75

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Quote from: Mastsetad on July 29, 2016, 06:09:42 AM

Quote from: 8Habits on July 28, 2016, 08:30:12 AM

Quote from: Mastsetad on July 28, 2016, 06:15:53 AM

Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

I don't think that bitcoin can drop to just $1 by looking at the user database of it, because the coins that drop wildly are those which has no users to buy or sell them and if a coin has countless users and investors or sellers then how can that drop to that point?

It happened in bitcoin that it dropped its price big time. There were big factors that losses some trust by bitcoin investors but it proves its worth and now rising again. In fact, there are big investors now that invest millions of dollars in bitcoin now.

Whatever happened in past and bitcoin surely dropped its price, but it never dropped as much as directly to $1.
And yes there are big investors and there will be bigger investors in future, so there is no chance of bitcoin falling to that extent.

To say that it's impossible is wrong, there may be lots of funds invested in BTC, but it could always decrease in the future. The chances of BTC dropping to 1$ are slim, but it could not predict what to happen in future. Once bitcoin enter as a main stream of payments, then there will be no chances bitcoin to replace our fiats. I never worry as bitcoin prices has no chances to drop.

Xester

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Quote from: BossMacko on July 29, 2016, 06:22:01 AM

Lets just say that Bitcoin dropped to 1$, For sure if this happens another cryptocurrency will have a bigger price like Bitcoin today. And people will switch to that cryptocurrency and Bitcoin will just become another alt coin. But for sure this will not happen because Bitcoin is the first cryptocurrency and it is being use by many people.

If bitcoins price will go down to 1$ there will be panic buying, but nobody's going to sell their bitcoins since they will wait for an increase. With higher demand for bitcoin the price will increase again.

Bitcoin becoming an altcoin is impossible and will never happen. The price drop also is impossible to happen.

virtualkeybuyer

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Quote from: Bestwishes745 on July 29, 2016, 06:54:30 AM

Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

No, not most people will but a lot, just think about ethereum, why its price decreased? obviously because of bad event with that and so people tried their best to stay away from it and now they do not keep their money for longer in ethereum. The same will happen in bitcoin if it dropped down.

From your post I got the idea that it will depend on the reason that why the price of bitcoin dropped too much, if it drop because of any issue or tragedy with it then people will not buy bitcoin anymore and bitcoin will go to death, and if it continued to dropped with a slow process without any issue and tragedy then maybe more and more people come to there and buy a lot of bitcoins in order to keep them in their wallet and to earn bigger amount in the coming future.

Bestwishes745

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Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

No, not most people will but a lot, just think about ethereum, why its price decreased? obviously because of bad event with that and so people tried their best to stay away from it and now they do not keep their money for longer in ethereum. The same will happen in bitcoin if it dropped down.

airsounds

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Quote from: BossMacko on July 29, 2016, 06:22:01 AM

Lets just say that Bitcoin dropped to 1$, For sure if this happens another cryptocurrency will have a bigger price like Bitcoin today. And people will switch to that cryptocurrency and Bitcoin will just become another alt coin. But for sure this will not happen because Bitcoin is the first cryptocurrency and it is being use by many people.

bitcoin is the main coin and others are altcoins, it is simply impossible that other currencies will become the main ones because all trading of alts is based on bitcoin

BossMacko

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Lets just say that Bitcoin dropped to 1$, For sure if this happens another cryptocurrency will have a bigger price like Bitcoin today. And people will switch to that cryptocurrency and Bitcoin will just become another alt coin. But for sure this will not happen because Bitcoin is the first cryptocurrency and it is being use by many people.

Jimbola3

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Quote from: dunfida on July 28, 2016, 08:39:01 AM

Quote from: Mastsetad on July 28, 2016, 06:15:53 AM

Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

I don't think that bitcoin can drop to just $1 by looking at the user database of it, because the coins that drop wildly are those which has no users to buy or sell them and if a coin has countless users and investors or sellers then how can that drop to that point?

Yes there would be a big problem if bitcoins price would drop low like that and surely many investors would lost its faith in bitcoin or some may panic buying if the price gradually decrease its price. There were still high risk takers still hold or even buy more bitcoin if the price would drop to the lowest.

Yeah that would be a big problem for all bitcoiners, in my opinion they would shift to other crypto currency like eth, litecoins which are in trends now beside bitcoin. but that wont happen because bitcoin is now so strong as many big companies are giving support to it !

Mastsetad

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Quote from: 8Habits on July 28, 2016, 08:30:12 AM

Quote from: Mastsetad on July 28, 2016, 06:15:53 AM

Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

I don't think that bitcoin can drop to just $1 by looking at the user database of it, because the coins that drop wildly are those which has no users to buy or sell them and if a coin has countless users and investors or sellers then how can that drop to that point?

It happened in bitcoin that it dropped its price big time. There were big factors that losses some trust by bitcoin investors but it proves its worth and now rising again. In fact, there are big investors now that invest millions of dollars in bitcoin now.

Whatever happened in past and bitcoin surely dropped its price, but it never dropped as much as directly to $1.
And yes there are big investors and there will be bigger investors in future, so there is no chance of bitcoin falling to that extent.

rickadone

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Quote from: dunfida on July 28, 2016, 08:39:01 AM

Quote from: Mastsetad on July 28, 2016, 06:15:53 AM

Quote from: Vannterson on July 28, 2016, 06:03:08 AM

Most people would buy as many Bitcoin as possible because the price has never been that low ever.
But would it make sense to buy if everyone is going to buy as many as possible and hold on to it.

I don't think that bitcoin can drop to just $1 by looking at the user database of it, because the coins that drop wildly are those which has no users to buy or sell them and if a coin has countless users and investors or sellers then how can that drop to that point?

Yes there would be a big problem if bitcoins price would drop low like that and surely many investors would lost its faith in bitcoin or some may panic buying if the price gradually decrease its price. There were still high risk takers still hold or even buy more bitcoin if the price would drop to the lowest.

Assuming that we're still alive when the value of bitcoin dropped to $1, well, it wouldn't happen at our generation or the next. Probably it may happen in the next few centuries but not now as it would pose so much problems to the fact that bitcoin may even be considered dead.

Topic: If bitcoin dropped to $1, what you do? - page 30. (Read 98180 times)