If bitcoin dropped to $1, what you do? - page 58.

boyptc

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Quote from: shinratensei_ on June 20, 2016, 07:16:04 PM

Quote from: FLoving on June 20, 2016, 03:06:38 PM

If bitcoin dropped down to that value then at that time I will not have any coin as I will start to sell all my coins whenever I feel that the price will now go down, and in that time if someone will keep their coins with him then he will lose their money.

Hey,wait it maybe bitcoin price is halving only for short time and next time will go up again. I think to hold your coins is better than you trying to selling this. because we know after bitcoin price is halving and will happen to rise in next time.

The price of bitcoin is depending on it's demand, so if the price of bitcoin drops to $1, Many will just dump it. And still there are some people who are going to try their luck to purchase more and more. So, somewhat it is balance with that kind of scenarios that are possible to happen. And in the end,
there's still going to price increase because there are people who are going to buy.

shinratensei_

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Quote from: FLoving on June 20, 2016, 03:06:38 PM

If bitcoin dropped down to that value then at that time I will not have any coin as I will start to sell all my coins whenever I feel that the price will now go down, and in that time if someone will keep their coins with him then he will lose their money.

Hey,wait it maybe bitcoin price is halving only for short time and next time will go up again. I think to hold your coins is better than you trying to selling this. because we know after bitcoin price is halving and will happen to rise in next time.

Anon_7716

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Quote from: blackangel343 on June 20, 2016, 02:25:10 PM

this is imposible bitcoin has not got like that risk and if bitcoin will be 1 dallor one day i really will buy bitcoin all my money i can sell my car too i m so serious

but it is imposible

Yes, bitcoin is not going to plunge to $ 1 for bitcoin gives some excellence and innovation from other digital currencies. So I think it will not be possible to touch the bitcoin price $ 1. It's just an illusion and will never happen

ITVS

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Be sad

And as you say wait for the resurgence!!

dragonusa9

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stock a lot of bitcoin first like 500 Bitcoin, because the price will skyrocket in a couple of days
nobody can expect how the price rise so much after drop into $1/BTC

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Quote from: BitcoinPaw on June 16, 2016, 06:40:36 PM

Them main problem is how much you will need to do to earn this coin, if it will be easier than earn 1 dollar, i think i will start mining with mind that bitcoin will rise againe.

I would actually prefer to buy 1000 bitcoins straight rather than investing into high cost rigs and in case price not increase I will not end up with nothing. Because surely price will not go below 1$.

LuckGone100

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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 Cheesy

Neptunium

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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.

Well something serious has to happen for that to happen. Some devastating exploit or loss of demand. If it's the latter this is only viable in a long time, so maybe it wouldn't be the right decision to buy.

Bigger and better cryptocurrencies/technology have probably took over the field. So I would consider investing in those.

FLoving

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If bitcoin dropped down to that value then at that time I will not have any coin as I will start to sell all my coins whenever I feel that the price will now go down, and in that time if someone will keep their coins with him then he will lose their money.

KaliLinux

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Simply buy more BTC if it reduces to 1$. Hope it will never happens by seeing the increased users now a days.

Iceborn

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Quote from: brigadier2001 on June 20, 2016, 11:12:51 AM

I will propably buy more bitcoin and keep it safe untill it rises again and by time it will be a small fortune

That is a pretty good idea, just buy a lot of bitcoins and wait till it goes back up, most likely it will not but you can gamble on it due to the fact that bitcoin is mostly also coming back up in worth.

coinplus

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Quote from: Altynbekova on June 16, 2016, 01:55:49 PM

Quote from: newcoins1978 on June 16, 2016, 03:31:42 AM

I think that I would buy at least $100 Bitcoins, it would be weird tho if the price was dropped all the way to $1. But I still believe that the price would go up after that.

I think this can be nice strategy, I do not know if its gonna work but its a nice strategy to make some nice profit if the bitcoin gets back up again of course.

Surely the price will again increase over 500$ in a month or so ( even if it dropped to 1$ or 0.1$ lol ). Bitcoins are an asset and cannot be down in price for a very long period.

blackangel343

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this is imposible bitcoin has not got like that risk and if bitcoin will be 1 dallor one day i really will buy bitcoin all my money i can sell my car too i m so serious

but it is imposible

Whosdaddy

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Quote from: simplelife888 on June 20, 2016, 09:56:52 AM

bitcoin price cant be 1 dollar but now i will be devil and now bitcoin price is 1 dollar what will i can i do nothing just i will not be in panic and i will find more money and i will buy more bitcoin because if bitcoin price will be one dollar it is mean big opportunity and if i can buy enough bitcoin i will be so rich after 10 years .

Exactly. I don't get the point of this thread though because there is no way bitcoin will ever drop to $1 at all. Or at least there's no viable reason for that drop in value happening.
If it did happen though, it's pretty obvious that most of us would try to hoard and hold as much coins as possible.

brigadier2001

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I will propably buy more bitcoin and keep it safe untill it rises again and by time it will be a small fortune

anzel2002

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Quote from: HousamTibia on June 20, 2016, 10:28:54 AM

I think that I would buy at least $100 Bitcoins, it would be weird tho if the price was dropped all the way to $1. But I still believe that the price would go up after that.

It would depend on why the price dropped to $1

HousamTibia

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I think that I would buy at least $100 Bitcoins, it would be weird tho if the price was dropped all the way to $1. But I still believe that the price would go up after that.

AsaroUk

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I honestly think that I would not go further with the bitcoin because its simply that its not gonna survive 1 dollar than for sure.
It would be over for the bitcoin than.

simplelife888

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bitcoin price cant be 1 dollar but now i will be devil and now bitcoin price is 1 dollar what will i can i do nothing just i will not be in panic and i will find more money and i will buy more bitcoin because if bitcoin price will be one dollar it is mean big opportunity and if i can buy enough bitcoin i will be so rich after 10 years .

FabioDelcatto

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I think that will be the end of trhe bitcoin i dont think everyone would sell their coins if he hit the 1 dollar each. So the bitcoin would be death.

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