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Topic: If bitcoin dropped to $1, what you do? - page 33. (Read 98180 times)

hero member
Activity: 490
Merit: 500
if the price drops $ 1 meal we all can afford it with great jumblah and sell when the price is more than $ 1
I think it would be quite risky to buy bitcoin at a price of $ 1 because it is certainly no reason why bitcoin prices can go down very sharply? perhaps because bitcoin turn out to be a scam or something? I think if that happens. no one could have expected more from the bitcoin?
legendary
Activity: 3122
Merit: 1140
Many people would got confused what happen to bitcoin if it drop to $1 bracket maybe some would not buy or either buy a little amount of it but to those risk takers for sure they would buy Thousands of it and hoping the price would increase and i think many would be millionaire. Just my opinion.

when it happens at least there will be a lot of people are panic buying as much as possible, and probably most people think like that. but it is a risk, but if you dare to take the risk, you will become rich. I also probably would take that risk Cheesy

There would a panic buying indeed since they dont want to have negative profit out of their investment especially to big holders of bitcoin. If bitcoins price would drop to $1  definitely many risk takers would take the risk Grin as you said hoping for another price increase even $2 you have 100% profit to that.
legendary
Activity: 1232
Merit: 1000
Many people would got confused what happen to bitcoin if it drop to $1 bracket maybe some would not buy or either buy a little amount of it but to those risk takers for sure they would buy Thousands of it and hoping the price would increase and i think many would be millionaire. Just my opinion.

when it happens at least there will be a lot of people are panic buying as much as possible, and probably most people think like that. but it is a risk, but if you dare to take the risk, you will become rich. I also probably would take that risk Cheesy
full member
Activity: 224
Merit: 100
It is a rare occasion to have the price drop from 650 dollars to 1 dollar. But with market dynamics,anything can happen and the price might fall. It needs a very a serious trigger to make the price to fall with that big margin. In case it happens that way, then the only option is to buy big and put the bitcoins in a cold storage with the hope that the price will go back to where it was.
legendary
Activity: 3122
Merit: 1140
Many people would got confused what happen to bitcoin if it drop to $1 bracket maybe some would not buy or either buy a little amount of it but to those risk takers for sure they would buy Thousands of it and hoping the price would increase and i think many would be millionaire. Just my opinion.
sr. member
Activity: 378
Merit: 250
Well, with the price so low, as many people have expressed, people will buy again. Unless there's a fatal flaw in the coin (more than likely). Because I could buy around $1k BTC. Won't be much of a loss, but I could make a killing if the price Rose even a dollar.
sr. member
Activity: 533
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
If bitcoin dropped into 1$ that is the time good to buy. Maybe i will buy 100bitcoin and will keep it wait for the bitcoin will rise up the price. This time to invest in bitcoin because you get big profits to this value. Bitcoin can made you rich if the price goes down. And after a month bitcoin goes to rise up.
same what im doing if the rice of bitcoin will dropped in 1 dollar .. i will buy also 100 dollars worth of bitcoin .. and wait to rise the price and sell .. more profit and more blessings to come..
hero member
Activity: 924
Merit: 505
If bitcoin dropped into 1$ that is the time good to buy. Maybe i will buy 100bitcoin and will keep it wait for the bitcoin will rise up the price. This time to invest in bitcoin because you get big profits to this value. Bitcoin can made you rich if the price goes down. And after a month bitcoin goes to rise up.
global moderator
Activity: 2324
Merit: 1179
While my guitar gently weeps!!!
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 also would buy more Bitcoin and hope that the price will reach the actual price again. Cheesy

Best regards,

Patrick Smiley

I would not wait for bitcoins to hit 1 usd. As soon as the bitcoin price drops below 300. I would sell all my stocks and start buying only bitcoins. Just wait till the next halving.

Good idea, but I think if the price would drop to $1, there must be a serious problem...That could be fatal to bitcoin's existence.. Specially if the price  would drop from hundreds to $1 and that happened in just a day or a week...  But if the price drops day by day and it takes months before it was $1, then we could take the chance...But still, we will be gambling on bitcoin if we are going to buy it at $1...
hero member
Activity: 1974
Merit: 534
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 also would buy more Bitcoin and hope that the price will reach the actual price again. Cheesy

Best regards,

Patrick Smiley

I would not wait for bitcoins to hit 1 usd. As soon as the bitcoin price drops below 300. I would sell all my stocks and start buying only bitcoins. Just wait till the next halving.
hero member
Activity: 1176
Merit: 509
it is very far from impossible that bitcoin value will drop to $1 per coin as you can see that as time goes buy, it's value is constantly increasing and i think that in a few more years, bitcoin will be well known to the world and its value will pump up to the moon Cheesy
hero member
Activity: 2464
Merit: 594
I would take the opportunity to buy BTC when it reaches that amount. Before that, I will know the reason first why it falls then I will monitor and keep on receiving updates about its progress. I think there are always an advantage and disadvantage regarding that.

If you will keep yourself busy in knowing  the reason then there would be a chance that till that bitcoin would have crossed $100 mark, so I think without wasting anytime we should simply buy it.

Not that busy like what you think. Anyway, thanks for the advice. You're right, even in $100; buying BTC for that amount is beneficial. But it is impossible now to reach those amounts because the price is currently stable.
hero member
Activity: 759
Merit: 502
I would take the opportunity to buy BTC when it reaches that amount. Before that, I will know the reason first why it falls then I will monitor and keep on receiving updates about its progress. I think there are always an advantage and disadvantage regarding that.

If you will keep yourself busy in knowing  the reason then there would be a chance that till that bitcoin would have crossed $100 mark, so I think without wasting anytime we should simply buy it.
hero member
Activity: 854
Merit: 500
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.

It depends, if the reason is about the blockchain problem or something like that, maybe people will stop earning and this causes to dump the bitcoin price into 1$. But if the reason is about the trading sites are selling it into 1$, then I would literally buy 10-100 BTC . Because if all blocks are mined, and all people are buying, maybe that is the only time to sell all your bitcoin. How about if the time comes, and you exactly bought 10 BTC with 10$, and someone wants to buy your BTC with 300$ each, then that will be a good profit.
hero member
Activity: 2464
Merit: 594
I would take the opportunity to buy BTC when it reaches that amount. Before that, I will know the reason first why it falls then I will monitor and keep on receiving updates about its progress. I think there are always an advantage and disadvantage regarding that.
legendary
Activity: 2086
Merit: 1058
Don’t know what will I do because I am not able to think that this could ever happen.If that happens then my trust on bitcoin will loose a little.But still I will but 100-200 BTC atleast and then wait and see what happens next.


The changing of bitcoin's value is not reasonable because its very common. May be when it reach that amount, I would try to buy BTC with my earned coins lately, hold then wait to rise again. The up and down of price itself is natural, even it reduce it will still increase.

Yes if price falls that low then I think it will be an great buying opportunity for all of us as everyone will be busy in buying as much as possible.
hero member
Activity: 2562
Merit: 586
buy it all up!

If the bitcoin price drops to $1, I will buy some. And I will also promote the bitcoin a lot. That is what I am doing.
i will always pray that it should not drop to such a low level. because it will lost all its value. i think no one will then take any interest in bitcoin. therefore it is good that if bitcoin stay at that position and make stable its position here.
It actually depends. Right now, people are thinking "I will buy them all!" since the popularity of bitcoin is skyhigh and it's pretty obvious that the value of bitcoin wouldn't stay there for long. However, say in the very far future, the value of bitcoin dropped to that amount and the popularity is dirt-low as well, you wouldn't want to buy them all, right?
hero member
Activity: 644
Merit: 500
Don’t know what will I do because I am not able to think that this could ever happen.If that happens then my trust on bitcoin will loose a little.But still I will but 100-200 BTC atleast and then wait and see what happens next.


The changing of bitcoin's value is not reasonable because its very common. May be when it reach that amount, I would try to buy BTC with my earned coins lately, hold then wait to rise again. The up and down of price itself is natural, even it reduce it will still increase.
legendary
Activity: 3010
Merit: 1280
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Don’t know what will I do because I am not able to think that this could ever happen.If that happens then my trust on bitcoin will loose a little.But still I will but 100-200 BTC atleast and then wait and see what happens next.

Yeah that would be my thought, and i will have doubt in bitcoin but, am sure we both gonna pick up some hundred or thousand of it  thingking that it will probably bounce back  and get higher again.  We will think of maybe that is the chance we are waiting for .  And history repeat itself as bitcoin being able to bounce back and increase in price.  But that is just a wishful dream i guess lol.
hero member
Activity: 544
Merit: 500
if the price drops $ 1 meal we all can afford it with great jumblah and sell when the price is more than $ 1
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