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Topic: If bitcoin dropped to $1, what you do? - page 63. (Read 98180 times)

sr. member
Activity: 504
Merit: 250
InvestnTrade. Latest from the crypto space.
If this will happen, then I will buy more Bitcoins and I believe some of us will do the same thing. Thus, the price will start to go up again. Smiley
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
Most likely I would sell my bitcoins for good because I think the bitcoin can not crouch back up out of such hole.
It would destroy the bitcoin in my eyes.

If I were I will take the opportunity to buy even more bitcoin that time, even though the price is going to be really low that time.
I believe if there is a fall down afterwards it is going to become more higher and higher and that is for sure.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
Most likely I would sell my bitcoins for good because I think the bitcoin can not crouch back up out of such hole.
It would destroy the bitcoin in my eyes.
it means you get a panic selling on yourself, try to positive think,man. We know anything can happen with bitcoin but keep belief on bitcoin's future.   Wink
bitcoin price will never fall into $1/BTC.
hero member
Activity: 672
Merit: 503
Most likely I would sell my bitcoins for good because I think the bitcoin can not crouch back up out of such hole.
It would destroy the bitcoin in my eyes.

That is your belief and mentality, why you all guys are so negative related to the price of bitcoin, we all know that day will never come when bitcoin will fall that low.
legendary
Activity: 1372
Merit: 1008
if the bitcoin dropped to just one dollar i think that means the end of the bitcoin cryptocurrencie for sure because i dont think that people are holding coins when he is 1 dollar and wont rise.

Well not all are going to give up when the price of bitcoin down to $1 since it is decentralize possibility of dropping is there. But the advantage is
as long as there are users out there, for sure it will going to pump and I'm the one that will going to buy more if the price goes to $1.
It is a good opportunity.
yeah as long as there are users then it will definitely happen pump or dump whether the person who survived when the bitcoin worth $ 1 or how many users bitcoin at the time? it will be very influential the important thing is bitcoin users still have the price definitely has the possibility to ride
sr. member
Activity: 271
Merit: 250
Most likely I would sell my bitcoins for good because I think the bitcoin can not crouch back up out of such hole.
It would destroy the bitcoin in my eyes.
hero member
Activity: 924
Merit: 500
i will simply take my bitcoin, construct a piece of wood, drop ALL my coin inside the contructed wood. close and nail it with a nail.

Write RIP BTC on the top cover,dig a pit, drop it inside this pit.

Come back to bitcointalk forum to finalize the RIP ceremony Sad Sad Sad Sad


Thanks
Arlene
Honestly i don't believe about dying bitcoin its impossible right now to happen.. if you are starting a RIP ceremony for bitcoin.. i think you are crazy..
We already adopted bitcoin and the price of bitcoin right now is crazy increasing the price every week so its impossible. bitcoin will be alive as soon as many people are accepting bitcoin as payment..
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
i will simply take my bitcoin, construct a piece of wood, drop ALL my coin inside the contructed wood. close and nail it with a nail.

Write RIP BTC on the top cover,dig a pit, drop it inside this pit.

Come back to bitcointalk forum to finalize the RIP ceremony Sad Sad Sad Sad


Thanks
Arlene

so you consider bitcoin dead if it ever reaches 1 dollar ? what if this happen and more people get interested in these cheap coins and the market thrills again after a while ?
bitcoin's live does not depend on the price, it depends on its decentralized network

We can't stop those people that tells bitcoin will be dead if it reaches to $1, but for me, bitcoin will still be use that time. Why? Because it still has a
value and things that have value, is still going to be productive and useful. Unless if it will going to be no value at all.
hero member
Activity: 574
Merit: 500
i will simply take my bitcoin, construct a piece of wood, drop ALL my coin inside the contructed wood. close and nail it with a nail.

Write RIP BTC on the top cover,dig a pit, drop it inside this pit.

Come back to bitcointalk forum to finalize the RIP ceremony Sad Sad Sad Sad


Thanks
Arlene

so you consider bitcoin dead if it ever reaches 1 dollar ? what if this happen and more people get interested in these cheap coins and the market thrills again after a while ?
bitcoin's live does not depend on the price, it depends on its decentralized network
legendary
Activity: 1442
Merit: 1008
i will simply take my bitcoin, construct a piece of wood, drop ALL my coin inside the contructed wood. close and nail it with a nail.

Write RIP BTC on the top cover,dig a pit, drop it inside this pit.

Come back to bitcointalk forum to finalize the RIP ceremony Sad Sad Sad Sad


Thanks
Arlene
Lol I would do the same thing as you if I bought 1,000 bitcoin at current price around $700 total  $700,000 then I realized the bitcoin price dropped to $1 my 1,000 bitcoin worth $700k turn to $1,000 definitely frustrating. But if I didn't hold any bitcoin and the price just dropped I would buy it $1,000 for 1,000 bitcoin!
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
For me bitcoin will die instantly and for many other users too i think, cause nobody want to use currency like dollar when you can use dollar without any problem.

I don't think bitcoin will die instantly if the price drops to $1 and still there are many people who wants to buy a lot of bitcoin if the price goes down.
So, the demand again is going to be high so it is going to be a price fluctuation again and it is going to increase again.
if there's a dump, there will be always a pump.
sr. member
Activity: 378
Merit: 251
For me bitcoin will die instantly and for many other users too i think, cause nobody want to use currency like dollar when you can use dollar without any problem.
hero member
Activity: 658
Merit: 500
I think that I would buy as many coins as possible so that in the future a can make millions even tho the chance is small of both happening there is still a chance.
Lol what do you think after prices dropped sharply towards $1. then the price will return to $ 00-$1000? I think it's something that is impossible. I'm sure people will no longer believe in the bitcoin. people who have suffered a major loss, may be afraid to rejoin
sr. member
Activity: 476
Merit: 250
ill gonna buy a lot of bitcoin if that time will come cause I know it will increased later on  for me its the perfect time to invest .
What do you think prices will rise after bitcoin down deep? I think you need to look at the situation before going to buy bitcoin with a very small price. I worry if the price does not go up
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
if the bitcoin dropped to just one dollar i think that means the end of the bitcoin cryptocurrencie for sure because i dont think that people are holding coins when he is 1 dollar and wont rise.

Well not all are going to give up when the price of bitcoin down to $1 since it is decentralize possibility of dropping is there. But the advantage is
as long as there are users out there, for sure it will going to pump and I'm the one that will going to buy more if the price goes to $1.
It is a good opportunity.
sr. member
Activity: 364
Merit: 250
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.


@Newbies

Bitcoin has already crashed that hard and did fine.

Research MtGox Crash (June 2011) and the subsequent drop to sub $2.00 in Dec 2011.

Those were fun times.


~BCX~
if the bitcoin dropped to just one dollar i think that means the end of the bitcoin cryptocurrencie for sure because i dont think that people are holding coins when he is 1 dollar and wont rise.
sr. member
Activity: 364
Merit: 250
If bitcoin ever drops to $1/btc.

i will cash out 60% of my saving and buy btc with all of it and hold my hand tight together everyday and pray for it to raise once again hahaha
The chance is really low that it can drop to that low and that is because you have to know that the value of Bitcoin will be higher and that it is now rising for a long time.
But not everyone will ever know what is going to happen with the value of Bitcoin and that is the problem.
[/quote
If bitcoin ever drops to $1/btc.

i will cash out 60% of my saving and buy btc with all of it and hold my hand tight together everyday and pray for it to raise once again hahaha
The chance is really low that it can drop to that low and that is because you have to know that the value of Bitcoin will be higher and that it is now rising for a long time.
But not everyone will ever know what is going to happen with the value of Bitcoin and that is the problem.

Bitcoin will never fall that low as that seems to be impossible, and if price falls some of users will get panic and quit bitcoin while others will buy as much as they can.
It will be really hard to know what is going to happen in the future but you have to know that there will be more people that is holding their Bitcoin because the value is rising.
But of course there will be also a moment that it will go fall down and that is bad of the currency but around this time it is rising.
hero member
Activity: 616
Merit: 500
A day without a buzz is like a day that never was
i will simply take my bitcoin, construct a piece of wood, drop ALL my coin inside the contructed wood. close and nail it with a nail.

Write RIP BTC on the top cover,dig a pit, drop it inside this pit.

Come back to bitcointalk forum to finalize the RIP ceremony Sad Sad Sad Sad


Thanks
Arlene
hero member
Activity: 2590
Merit: 644
I will buy like $100 worth of bitcoin if the price will dropped to that very cheap amount, but to be honest it's impossible now to reach to that amount because many users are getting forced to buy because of the price that continuously rising.
sr. member
Activity: 336
Merit: 250
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.

We have the same opinion, if bitcoin price would go down I will purchase bitcoins in Volume and hoard it. Until such time that the price will go up I will let it sleep on my multiple wallets and convert to cash if price go back up again.
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