If bitcoin dropped to $1, what you do? - page 48.

Hide_ip112

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Quote from: Twistedx2 on June 27, 2016, 08:43:19 PM

I would exchange all of my alts to BTC, ride the rebound, and sell relatively quickly as there would be an ultimate crash from the rebound. Then buy more of my favorite altcoins.

You do not directly do it excessively, because you also have to look at the events and circumstances that occurred at that time. So that you can correct and do something good with it. There is something in this world there is time, so see this situation well

Skezaz

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it's not possible 650$ to 1$

asriloni

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Quote from: PuraPuraBego on June 27, 2016, 10:38:27 PM

Quote from: diodio5 on June 26, 2016, 05:35:05 PM

Quote from: PuraPuraBego on June 23, 2016, 06:25:40 AM

If bitcoin dropped to $1, what you do? Hmmm i'll make this chance for be better.

I think there is no chance on it. bitcoin will die if touched such a small price right ? nothing can you expect more. better looking altcoin or other potential investments. But to reach that point it will take a long time because the new era of bitcoin has begins

I'm guess impossible for dropped to $/btc. Why die? Bitcoin it's easy,fast,cheap and instand. People care for using bitcoin, and world now know it.

you know everything gonna die when the time comes,even sun,so bitcoin will eventually die if miners just get away because bitcoin is not profitable anymore

PuraPuraBego

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Quote from: diodio5 on June 26, 2016, 05:35:05 PM

Quote from: PuraPuraBego on June 23, 2016, 06:25:40 AM

If bitcoin dropped to $1, what you do? Hmmm i'll make this chance for be better.

I think there is no chance on it. bitcoin will die if touched such a small price right ? nothing can you expect more. better looking altcoin or other potential investments. But to reach that point it will take a long time because the new era of bitcoin has begins

I'm guess impossible for dropped to $/btc. Why die? Bitcoin it's easy,fast,cheap and instand. People care for using bitcoin, and world now know it.

xIIImaL

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Quote from: tiffyroman on June 27, 2016, 08:26:08 PM

Quote from: sobsitesearch on June 27, 2016, 08:24:16 PM

For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.

The supply is what's going to be the problem. Just when bitcoin reaches that point where the value is at $1, everyone would start hoarding bitcoins and the problem would be how fast can you get bitcoins.

Yup Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

Twistedx2

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I would exchange all of my alts to BTC, ride the rebound, and sell relatively quickly as there would be an ultimate crash from the rebound. Then buy more of my favorite altcoins.

bitcosmo

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Buy and Hold!! Grin

rilho

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Without any doubt I would buy a good amount of bitcoins Grin

tiffyroman

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Quote from: sobsitesearch on June 27, 2016, 08:24:16 PM

For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.

The supply is what's going to be the problem. Just when bitcoin reaches that point where the value is at $1, everyone would start hoarding bitcoins and the problem would be how fast can you get bitcoins.

sobsitesearch

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For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.

MTBTT

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Quote from: VERUMinNUMERIS on June 27, 2016, 06:31:39 PM

Actually I've seen more people sell when the price drops hard than buy. And most buy when BTC has a big run.

yeah that's the strategy in the trade of buying at the lowest price possible, because it will determine the amount of your profits at the bitcoin trading

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Quote from: Piltover on June 27, 2016, 07:32:09 PM

I would not sell my bitcoin, I would even buy more bitcoins because I think that the bitcoin will than soon or later stands up again.
Some people will also stop fully with the bitcoin for sure.

Well almost all people here will going to do this kind of act if ever bitcoin is going to reach with that amount of price.
But for sure, this is not going to happen.

Piltover

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I would not sell my bitcoin, I would even buy more bitcoins because I think that the bitcoin will than soon or later stands up again.
Some people will also stop fully with the bitcoin for sure.

boyptc

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Quote from: VERUMinNUMERIS on June 27, 2016, 06:31:39 PM

Actually I've seen more people sell when the price drops hard than buy. And most buy when BTC has a big run.

That is the most recommended thing to do, especially if the price drops to this kind of price which is $1. For sure thousands of users will going to
buy more and more bitcoin if they can avail to have one.
And as for me, I'm going to it too because I know in the end bitcoin is going to rise again.

VERUMinNUMERIS

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Actually I've seen more people sell when the price drops hard than buy. And most buy when BTC has a big run.

Vikingr

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Quote from: Crazygreek on June 27, 2016, 12:17:56 PM

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

yeah, a lot of people start to buy bitcoin whenever they notice that the price of bitcoin come down, as they have believe on bitcoin and they now that the price of bitcoin is recovered sooner and faster.

Whosdaddy

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Quote from: umaOuma on June 27, 2016, 09:26:24 AM

Quote from: jossiel on June 27, 2016, 09:21:46 AM

Quote from: ?? on ??

Well If it will drop to 1$, I would buy more. I would buy many bitcoin hoping it would rise again. I trust bitcoin so ill do that.

I will also do this if this kind of scenario happens. I will take the opportunity to buy as many bitcoins as I can.
I will take the opportunity of having a lot of bitcoins.
And if the price increases for sure I will get profit from it.

That's the right choice, buy as much as you can and keep it in cold storage and simply forget about it and when you see higher price in future sell it and make huge profits.

I'm pretty sure that everyone's going to be doing the same even if you don't ask them because it's pretty obvious that we would want to make profits out of this favorable event. There will be a race to try to hoard all bitcoins and just as when bitcoin's value goes down at $1, everyone will try to get their hands on them by offering a higher price.

Maesters1-

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Quote from: hawkins on June 27, 2016, 12:50:42 PM

Quote from: serjent05 on June 27, 2016, 12:41:12 PM

Quote from: Crazygreek on June 27, 2016, 12:17:56 PM

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it. And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit. Still good for investment? I think yes.

It is true. it could be a very good investment, because that would be like playing trading by buying altcoin which has a low price, when you buy a bitcoin at a price of $ 1, then when the price goes up to $ 2, it can make a profit doubled, and I believe at that time the price of bitcoin will very quickly rise

i have check the replays of the most of the people and their reply is that they will invest all their assest there to buy bitcoin at that rate. but my personal experience says that first it is impossible that bitcoin will drop to such level, but perhaps it drop to such level then the people will have lost their total confidence and they may not be welling to invest a sing unit of their flat currency for buying bitocin. then the bitcoin will be totally dead.

hawkins

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Quote from: serjent05 on June 27, 2016, 12:41:12 PM

Quote from: Crazygreek on June 27, 2016, 12:17:56 PM

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it. And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit. Still good for investment? I think yes.

It is true. it could be a very good investment, because that would be like playing trading by buying altcoin which has a low price, when you buy a bitcoin at a price of $ 1, then when the price goes up to $ 2, it can make a profit doubled, and I believe at that time the price of bitcoin will very quickly rise

serjent05

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Quote from: Crazygreek on June 27, 2016, 12:17:56 PM

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it. And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit. Still good for investment? I think yes.

Topic: If bitcoin dropped to $1, what you do? - page 48. (Read 98162 times)