If bitcoin dropped to $1, what you do? - page 47.

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Quote from: harun78 on June 28, 2016, 12:08:02 PM

buy as much as possible is the best choice, right? because i am sure it will rebound.

I was a little bit of doubt if bitcoin could rebound or rise again after falling very sharply but someone once said that
while bitcoin have users. Nothing is impossible right ?

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Only a serious technology failure could cause $1. If happens, it's over.

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Quote from: phreaky on June 29, 2016, 05:22:24 PM

Quote from: jossiel on June 29, 2016, 12:21:56 AM

Quote from: harun78 on June 28, 2016, 12:08:02 PM

buy as much as possible is the best choice, right? because i am sure it will rebound.

Yes, this is teh best thing to do when the price of bitcoin drops to $1. And I'm going to buy as many as I can afford because for sure it will going to
increase again for a short period of time and when it goes to increase again and then I will going to sell it again.

I also would buy as many as I could but would it still make sense to buy coins if the value is at $1. Everyone then is going to buy coins and it would only make sense to buy hundreds to make much money then.
I do not believe that every users could own that many.

Most of us are doing like this, taking the advantage of low price of $1 if the price will go drop down. And for sure the price is going to pump after its price fall. Because if there are going a lot of people going to buy for sure the demand is high and the price will start to increase again.

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Quote from: jossiel on June 29, 2016, 12:21:56 AM

Quote from: harun78 on June 28, 2016, 12:08:02 PM

buy as much as possible is the best choice, right? because i am sure it will rebound.

Yes, this is teh best thing to do when the price of bitcoin drops to $1. And I'm going to buy as many as I can afford because for sure it will going to
increase again for a short period of time and when it goes to increase again and then I will going to sell it again.

I also would buy as many as I could but would it still make sense to buy coins if the value is at $1. Everyone then is going to buy coins and it would only make sense to buy hundreds to make much money then.
I do not believe that every users could own that many.

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Quote from: harun78 on June 28, 2016, 12:08:02 PM

buy as much as possible is the best choice, right? because i am sure it will rebound.

Yes, this is teh best thing to do when the price of bitcoin drops to $1. And I'm going to buy as many as I can afford because for sure it will going to
increase again for a short period of time and when it goes to increase again and then I will going to sell it again.

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Quote from: Falconer on June 28, 2016, 12:11:24 PM

Quote from: Shibashi Dogemoto on June 28, 2016, 07:44:42 AM

Quote from: Altcoinmoney on June 28, 2016, 04:51:30 AM

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Yeah many people will prefer to stop using or investing into it, as they will loose hope in it, and its very easy to say that I will buy as much as possible, but what if you are holding existing coins and it fall overnight, it will be a huge loss.

Finally I find some person who could think logically Cheesy

Yeah I think those people who saying "I will buy it when its price dropped to $1" dont understand about how investments work. They just only know buy low sell high, and dont care with all factors that give effect on the price. They surely will loss badly with that knowledge.

Yup and if bitcoin has already shown you the loss you will never prefer to take risk and invest in it anymore, you will switch to some other product for sure.

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Quote from: Shibashi Dogemoto on June 28, 2016, 07:44:42 AM

Quote from: Altcoinmoney on June 28, 2016, 04:51:30 AM

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Yeah many people will prefer to stop using or investing into it, as they will loose hope in it, and its very easy to say that I will buy as much as possible, but what if you are holding existing coins and it fall overnight, it will be a huge loss.

Finally I find some person who could think logically Cheesy

Yeah I think those people who saying "I will buy it when its price dropped to $1" dont understand about how investments work. They just only know buy low sell high, and dont care with all factors that give effect on the price. They surely will loss badly with that knowledge.

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buy as much as possible is the best choice, right? because i am sure it will rebound.

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Quote from: jossiel on June 28, 2016, 08:40:15 AM

Quote from: leonix007 on June 28, 2016, 07:38:17 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.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.

This Exactly what i will do if the prices drop below 200 i will put my saving to buy more and not to try using that amount in trading or gambling just put it in gold wallet .

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Quote from: jossiel on June 28, 2016, 08:40:15 AM

That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.

I think miracle not going to happen twice so did with bitcoin if bitcoin just drop to 1$ even after halving which mean lower reward for miner,miners will go to another altcoin which have potential,and bitcoin will eventually die

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Quote from: leonix007 on June 28, 2016, 07:38:17 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.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

That's a good start if that happens that the price of bitcoin is going to drop to $1.
Just like the bitcoin millionaire did, they bought a lot of bitcoin when the price is still low.

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Quote from: LuckGone100 on June 28, 2016, 04:40:26 AM

if bitcoin down to 1$ then i buy a ton of btc and leave it for reach the max price of btc up and when price will be up then just sell those with high way.. that's it !

i think that would be a thing that i would most probably do to be honest, because the price would surely have a lot of chances to grow back again if it wont be banned by the government

i think i would sell all the coins at 10 dollars then or something like that because the price wouldnt grow back to 500 dollars in my opinion at least not so fast because people would be careful

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Quote from: Altcoinmoney on June 28, 2016, 04:51:30 AM

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Yeah many people will prefer to stop using or investing into it, as they will loose hope in it, and its very easy to say that I will buy as much as possible, but what if you are holding existing coins and it fall overnight, it will be a huge loss.

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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 open up a few gambling sites on my browser, and watch the HR tabs being flooded with massive wagers, and of course, buy a few coins myself Grin

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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.

Just like what you will do if that happens ill buy much of it, hold them, a thousand bucks wont hurt that bad for me and when the times BTC gain its price power then voila! instant cash I had. I can now start other things that grow much more with the BTC.. what a dream... Lol

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Quote from: Altcoinmoney on June 28, 2016, 04:51:30 AM

If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

Well for me, bitcoin will survive if the price drops to that price. As many people will take the advantage of buying more and will going to use their buying powers in able to give life bitcoin. And if many people are buying, then demand is increasing. And if demand is increasing for sure,
Price is going to increase too.

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Quote from: Bitcoinbro on June 28, 2016, 04:14:30 AM

Quote from: Skezaz on June 27, 2016, 10:54:06 PM

it's not possible 650$ to 1$

I find this hard to believe too. Suppose a big dump would happen or people would lose faith I would expect the price to get to 200 max.
No whale or group of whales can't dump below that.

It's definitely possible. All the people saying that "If the price went to $1, i'd buy more" are dumb. Bitcoin, in it's current state, does not have any problems. But the only reason is that something is terribly wrong with bitcoin.

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If the bitcoin drops that low i dont think the bticoin will survive allong time because when he hit the dollar each
There are allot of people who dont look after the bitcoins anymore and dont use them so it will be a catastrophe for the bitcoin.

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if bitcoin down to 1$ then i buy a ton of btc and leave it for reach the max price of btc up and when price will be up then just sell those with high way.. that's it !

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Quote from: Skezaz on June 27, 2016, 10:54:06 PM

it's not possible 650$ to 1$

I find this hard to believe too. Suppose a big dump would happen or people would lose faith I would expect the price to get to 200 max.
No whale or group of whales can't dump below that.

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