If bitcoin dropped to $1, what you do? - page 54.

Shibashi Dogemoto

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Quote from: KaliLinux on June 24, 2016, 01:02:24 PM

Yeah, Hope it won't happen like that. If happens We have to take that in positive way like buy more BTC by that time and sell it when the value goes up.

Yeah I will prefer to do the same I will buy as many coins that are affordable to me and save it for future, as I am confident that bitcoin will rise again in future.

extrabyte

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Quote from: Sled on June 18, 2016, 08:10:19 PM

Quote from: extrabyte on June 18, 2016, 05:28:57 PM

If bitcoin price would drop to one dollar i would spend more money to buy more and more bitcoins because my dream was to have xx-xxx bitcoin and why loosing this opportunity Tongue

. I also would feel really bad if at that time my bitcoin will not be sold.

That's one of the best thing to do when the price go down to that. In that strategy we can be a millionaire in just a few couple of weeks or months depending if many users will also buy bitcoins as many as they can Grin

. I think i will wait for that scenario to happen, it's giving more excitement than waiting for halving lol.

Lol, no i don't think it is exciting seeing bitcoin to worth a single dollar. I understand you but what is the meaning to hold lots of bitcoins when they worth less than a bitcoin today? Better less but high value rather than having lots of bitcoin with low/no value.

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Quote from: vero on June 24, 2016, 11:20:02 AM

Quote from: DomesticTrader on June 23, 2016, 09:08:52 PM

I honestly would just sell my bitcoins for sure because if this happen I do not see a future anymore for the bitcoin to be honest.
It would be done with it for sure.

if bitcoin fell into the price was certainly not have a future anymore, though you might want to sell bitcoin at that price no one will buy it because in my view the price of $ 1 was equal to bitcoin is dead.

Probably not, and it depends on who is holding majority of it, if majority of Bitcoin fell to those people who's intention is to put it back to mainstream, then i can say that it will be revived, though it might take sometime but hey, where does bitcoin price start? isn,t it less than a dollar? And besides, people can develop it further, integrating application that can be use by ordinary people. Technology is improving so is Bitcoin Technology.

KaliLinux

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Yeah, Hope it won't happen like that. If happens We have to take that in positive way like buy more BTC by that time and sell it when the value goes up.

vero

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Quote from: DomesticTrader on June 23, 2016, 09:08:52 PM

I honestly would just sell my bitcoins for sure because if this happen I do not see a future anymore for the bitcoin to be honest.
It would be done with it for sure.

if bitcoin fell into the price was certainly not have a future anymore, though you might want to sell bitcoin at that price no one will buy it because in my view the price of $ 1 was equal to bitcoin is dead.

Falconer

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Quote from: talkbitcoin on June 24, 2016, 04:30:42 AM

so far this recent small drop to $560 has proven that a lot of people are waiting for a drop to buy a lot of bitcoin by investing money in it, so i am sure if price could go that low to $1 a lot more will buy bitcoin so sooner before $1

I'm not sure there is people who brave enough to buy bitcoin when its price drop to $1, even I guess people will start to sell all of their bitcoin when its price hit $10.

Anon_7716

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Quote from: ayesha sadiqa on June 24, 2016, 04:06:27 AM

i will buy as many bitcoin as i can. i know that the rate will increase after that very soon. and it is a not a permanent downfall.

But are you sure you want to do it..? . Because sometimes something can be Dropped until more due to something better than this. So if indeed you decide something should look something as well, so that you do not experience such great losses

nururochac

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Quote from: hermanhs09 on June 24, 2016, 08:18:42 AM

Quote from: nururochac on June 24, 2016, 07:15:07 AM

Quote from: fkvidar on June 24, 2016, 03:56:48 AM

Quote from: ajun96 on June 24, 2016, 01:32:19 AM

Quote from: asriloni on June 23, 2016, 10:55:08 PM

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear to see that it's slow dying.

No the halving is definitely going to take btc to the moon man. Yeah with the halving you'll see that btc will go up in the near future because with that you know about supply and demand so with that rule the price will rise.

We're not talking about the halving we're talking about the possible problems why btc go below that price.

Let's make it a scenario
What do you think is the main problem in the first place why the price of bitcoin dropped that much?
The answer is because something horrible really happen and most of the users are now quitting the bitcoin that's why the bitcoin hit that price which is $1.

hermanhs09

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Quote from: nururochac on June 24, 2016, 07:15:07 AM

Quote from: fkvidar on June 24, 2016, 03:56:48 AM

Quote from: ajun96 on June 24, 2016, 01:32:19 AM

Quote from: asriloni on June 23, 2016, 10:55:08 PM

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear to see that it's slow dying.

No the halving is definitely going to take btc to the moon man. Yeah with the halving you'll see that btc will go up in the near future because with that you know about supply and demand so with that rule the price will rise.

nururochac

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Quote from: fkvidar on June 24, 2016, 03:56:48 AM

Quote from: ajun96 on June 24, 2016, 01:32:19 AM

Quote from: asriloni on June 23, 2016, 10:55:08 PM

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear to see that it's slow dying.

rio3233

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Quote from: Falconer on June 24, 2016, 01:14:49 AM

Quote from: bitraine on June 23, 2016, 06:02:28 AM

it is unlikely to happen. but if ever bitcoin drops to $1 i will surely buy a lot and store them in a cold storage then dream that i am rich lol.

It sounds insane, dropped to $1 means people dont want to use bitcoin anymore and no place accept it. So, there is no reason people want to buy your bitcoin if you hold it. And if bitcoin really drop alot, I think people will try to create another technology or something else and leave bitcoin just like that.

Quote from: Text on June 23, 2016, 07:56:03 PM

Absolutely right, buy low and sell high, that is the perfect stratey and everyone should knows it. I missed to convert my bitcoins to fiat when it was high so I regret, and convert it again to btc when it goes down, I hope. BTC moved downward but it would not reach the $1 again, we are so far now from that price.

Thats a common law in trading, but people were too greedy, when they saw bitcoin reach $700, then they prefer to still hold their bitcoin and wait until hit $800. But in the end, they lost their chance when its went down in the next day.

Yeah, if the bitcoin's price dropped to $1, there must be something big happened that makes the bitcoin's price become $1. I think the bitcoin's price will never reach $1.

chineseprancing

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If bitcoin dropped to 1$ , bitcoin has died. It just its impossible to dropped bitcoin to 1$. It maybe happen in the past but its hard to happen now

talkbitcoin

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All I know is that I know nothing.

so far this recent small drop to $560 has proven that a lot of people are waiting for a drop to buy a lot of bitcoin by investing money in it, so i am sure if price could go that low to $1 a lot more will buy bitcoin so sooner before $1

dothebeats

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Keep and have a piece of history together with me and make it as a collector's item. It is still valuable though, knowing that it disrupted the current financial scheme which we are all in.

ayesha sadiqa

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i will buy as many bitcoin as i can. i know that the rate will increase after that very soon. and it is a not a permanent downfall.

fkvidar

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Quote from: ajun96 on June 24, 2016, 01:32:19 AM

Quote from: asriloni on June 23, 2016, 10:55:08 PM

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

carlisle1

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i think it's not like going to happen , bitcoin dropped to $1 ? lol what will be the next plan of those big investors of bitcoin ? should they go and kill themselves ? Grin

but if it happened i think i'm going to say badwords to anyone . but of course i am just joking i will wait for its price to rise again .

ajun96

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Quote from: asriloni on June 23, 2016, 10:55:08 PM

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

Falconer

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Quote from: bitraine on June 23, 2016, 06:02:28 AM

it is unlikely to happen. but if ever bitcoin drops to $1 i will surely buy a lot and store them in a cold storage then dream that i am rich lol.

It sounds insane, dropped to $1 means people dont want to use bitcoin anymore and no place accept it. So, there is no reason people want to buy your bitcoin if you hold it. And if bitcoin really drop alot, I think people will try to create another technology or something else and leave bitcoin just like that.

Quote from: Text on June 23, 2016, 07:56:03 PM

Absolutely right, buy low and sell high, that is the perfect stratey and everyone should knows it. I missed to convert my bitcoins to fiat when it was high so I regret, and convert it again to btc when it goes down, I hope. BTC moved downward but it would not reach the $1 again, we are so far now from that price.

Thats a common law in trading, but people were too greedy, when they saw bitcoin reach $700, then they prefer to still hold their bitcoin and wait until hit $800. But in the end, they lost their chance when its went down in the next day.

Sled

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Quote from: Lokfar on June 24, 2016, 12:00:00 AM

Quote from: hermanhs09 on June 23, 2016, 04:44:10 AM

Quote from: CoinFoxs on June 23, 2016, 01:40:41 AM

Quote from: Monnt on April 15, 2016, 07:09:21 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 will buy more bitcoins and wait for the time when the value of bitcoin raises to a good amount then i will sell bitcoin Tongue

i guess everyone on this forum will do the same thing !!

I would buy a lot of BTC because BTC is the start, you cant run to an alt coin because if BTC falls most likely the alt coins will, you will have to wait for BTC to go back up so i would buy like $100 in BTC and just throw it into a cold wallet.

Keep btc high and buy more!

I also would buy more from them because the bitcoin will get back up from it and if it will I will become rich due to that smart step I made back in the days.

That is right buying bitcoin as much as we can is the best thing to do if the price would dropped to $1 and it will be easiest way to make us rich because bitcoin will rise up in just a couple of days because many people will take advantage of that and it will cause for bitcoin recover fast and reach $$$ price again Roll Eyes

Topic: If bitcoin dropped to $1, what you do? - page 54. (Read 98180 times)