If bitcoin dropped to $1, what you do? - page 43.

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Quote from: Ulloa on June 21, 2016, 11:12:43 AM

Quote from: boyptc on June 20, 2016, 09:09:29 PM

Quote from: godzziilla on June 20, 2016, 08:10:38 PM

bitcoin 1 $
oh i will buy 500 btc and hold it till it go up again Wink

This is really a good idea and plan to do once it reached the price of $1. Just like what early bitcoin people did.
They bought thousands of bitcoin at a very low price and they just hold it until today.
And now they are rich.

The chance is low that it can happen and that is because it is now around this time rising so that is nice for the people who already have Bitcoin and are waiting for the right moment to sell it.
But it wont be that bad and if that will happen than many people will stop using Bitcoin.

I would do the same, perhaps borrow a few more so i can buy more. Holding on to it until there is a great price surge and sell. But that hypothetical, and so much far from reality. We all know that bitcoin price have risen to about 50-60+% more just last month and no way

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Quote from: goinmerry on July 04, 2016, 09:19:57 AM

Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

That is one good of a positive way thinking. You got a lot of trust in this currency and I think that is great. Bitcoin needs a lot of supporters now to get the popularity it needed.

Agree with you sir. If this drop in price of bitcoins happen, a lot of people who are beginning to collect bitcoins will have a good start since they can buy as many as they can with that current minimal amount and hold on to it until it appreciates again...

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Quote from: goinmerry on July 04, 2016, 09:19:57 AM

Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

That is one good of a positive way thinking. You got a lot of trust in this currency and I think that is great. Bitcoin needs a lot of supporters now to get the popularity it needed.

Everyone needs to have the same positive thinking. Bitcoin won't drop to such a low value even if mining is stopped by the miners at present, because surely someone else starts mining which won't allow the price to go down.

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Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

That is one good of a positive way thinking. You got a lot of trust in this currency and I think that is great. Bitcoin needs a lot of supporters now to get the popularity it needed.

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Quote from: asriloni on July 04, 2016, 05:09:35 AM

Quote from: fkvidar on July 04, 2016, 05:02:32 AM

Quote from: Cyaren on July 04, 2016, 04:56:19 AM

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune

Im so sorry its not possible Cheesy

At a moment you are feeling it cool as price is higher now, but suppose if you are holding 100 coins in your wallet and suddenly it falls to $1 then you will go mad and will not prefer to buy even a single coin, 1000 bitcoins is out of imagination.

that's the risk of holding many bitcoin man,price rising will not giving affect a lot to those who having a little amount of bitcoin but will give a lot of effect to people who owning so many bitcoin and so does with the price falling

I think the price will not move down to $1. but what i still feel is that the person who has a lot of bitcoins, a slight movement of price up and down can bring extreme results to his profits and loss.

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Quote from: Nimbulan on July 04, 2016, 09:02:54 AM

Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

i doubt that a lot of people would quit using bitcoins then because in my opinion the price of it is going to grow even if it drops so there would be a lot of new investors

i would buy a lot of bitcoins then in order to get as much profit out of the dump as possible, i think in this way the whole bitcoin thing would grow even stronger as more people would use it

If price falls to $1 in future then people will start to buy in bulk and that will again help bitcoin to go higher and that time would be the best to collect maximum number of coins.

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Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

i doubt that a lot of people would quit using bitcoins then because in my opinion the price of it is going to grow even if it drops so there would be a lot of new investors

i would buy a lot of bitcoins then in order to get as much profit out of the dump as possible, i think in this way the whole bitcoin thing would grow even stronger as more people would use it

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Quote from: DoublerHunter on July 04, 2016, 07:41:17 AM

Quote from: gerXhonza on July 04, 2016, 07:14:30 AM

Quote from: jossiel on July 04, 2016, 07:04:27 AM

Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.

Yeah it's better to take the risk from investing some our money than ignoring a possible opportunity that can make us millionaire soon. I think if the bitcoin price dropped to that it can cause panic buying which is good for bitcoin to regain it's momentum and back to normal price so if we buy at least 500 bitcoin from that price soon or just next day we can start earning hundred or even thousand dollars from that investment Grin

.

If price falls to $1 in future then its an opportunity for us to become rich in future by buying huge amount of coins at that price, so don't miss the opportunity if it really happens in future.

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Quote from: gerXhonza on July 04, 2016, 07:14:30 AM

Quote from: jossiel on July 04, 2016, 07:04:27 AM

Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.

Yeah it's better to take the risk from investing some our money than ignoring a possible opportunity that can make us millionaire soon. I think if the bitcoin price dropped to that it can cause panic buying which is good for bitcoin to regain it's momentum and back to normal price so if we buy at least 500 bitcoin from that price soon or just next day we can start earning hundred or even thousand dollars from that investment Grin

.

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Quote from: jossiel on July 04, 2016, 07:04:27 AM

Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.

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Quote from: tampazeus on July 04, 2016, 06:26:08 AM

Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

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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 would buy more bitcoin too,no doubt haha.
I would tell about 1$ btc all my friends,family etc and convince them to open shared wallet,we would buy like 100k btc and wait for the price increase
and it would fall lel

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Quote from: Digital_Lord on April 15, 2016, 10:02:10 PM

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

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Quote from: asriloni on July 04, 2016, 05:09:35 AM

Quote from: fkvidar on July 04, 2016, 05:02:32 AM

Quote from: Cyaren on July 04, 2016, 04:56:19 AM

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune

Im so sorry its not possible Cheesy

At a moment you are feeling it cool as price is higher now, but suppose if you are holding 100 coins in your wallet and suddenly it falls to $1 then you will go mad and will not prefer to buy even a single coin, 1000 bitcoins is out of imagination.

that's the risk of holding many bitcoin man,price rising will not giving affect a lot to those who having a little amount of bitcoin but will give a lot of effect to people who owning so many bitcoin and so does with the price falling

I would say there is an effect even you are just holding out small amount of bitcoins as long as there is going to be a price increase then it is going to be profitable.
And if the price of bitcoin is $1 then I will just going to buy as many as I can.

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Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

it's up to you to buy bitcoin at that time. but I think that it would be very risky because bitcoin achieve very low price. because of course there are specific reasons such as the user is no longer interested in bitcoin?
if the user is not interested in bitcoin again. I think there is no chance for bitcoin again to grow again

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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.

If bitcoin drop to 1$ I'm really sure I will buy more and save it for future. But I guess it will not happen to go down Again to 1$ there is more investor who already adopt bitcoin they don't want to make bitcoin at lower price.

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Quote from: DoublerHunter on July 04, 2016, 05:21:28 AM

Quote from: sulendra12 on July 04, 2016, 05:14:53 AM

Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)

If anyone buy with price of $1 per bitcoin it will help a lot for bitcoin to recover because we can't be sure that the person that will buy only is just 5 or 10 because if you ask me i think almost all the users and even those people who didn't know bitcoin will buy because it will be a big news online and also for investor if the price would fall to that very cheap amount.

Buying bitcoin at price of $1 is something like buying it for free, and everyone will prefer to buy as the risk of loosing money is minimum as we know that it can again rise to at least $100 after that.

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Quote from: sulendra12 on July 04, 2016, 05:14:53 AM

Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)

If anyone buy with price of $1 per bitcoin it will help a lot for bitcoin to recover because we can't be sure that the person that will buy only is just 5 or 10 because if you ask me i think almost all the users and even those people who didn't know bitcoin will buy because it will be a big news online and also for investor if the price would fall to that very cheap amount.

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Quote from: sempak on July 04, 2016, 05:13:07 AM

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)

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for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

Topic: If bitcoin dropped to $1, what you do? - page 43. (Read 98162 times)