If bitcoin dropped to $1, what you do? - page 65.

boyptc

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Quote from: jak3 on June 12, 2016, 02:36:01 PM

if price goes that much down then that will be the end of bitcoin because miners will not get profit and so every transactions will be stopped

I don't think it will be the end of bitcoin ,because they are still people who are going to invest even the price is going to be down with that price.
And miners will do something again for to be able to get profit from it and help bitcoin so that it won't die. And I'm going to buy really a lot of bitcoin is that happens.

jak3

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if price goes that much down then that will be the end of bitcoin because miners will not get profit and so every transactions will be stopped

ekoice

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it won't be possible ever for bit coin to get down to that lowest level of $1 but if it would happen so i will be the first to buy as much as I can since such opportunities are rare in life so never miss that.

hendra147

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Quote from: bit1 on June 12, 2016, 01:07:58 PM

Quote from: awesome31312 on June 11, 2016, 08:40:14 PM

I think the better question is, will BTC hit $1000 again? In my opinion, that is worse than Bitcoin dropping to $1

Yes, that would be best suited, not even $100 sounds likely.

there are enough threads about BTC hit $1000, but the thread of the price fall was still rare. so I also wanted to see the reaction of everyone if the price falls to $1

bit1

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Quote from: awesome31312 on June 11, 2016, 08:40:14 PM

I think the better question is, will BTC hit $1000 again? In my opinion, that is worse than Bitcoin dropping to $1

Yes, that would be best suited, not even $100 sounds likely.

jossiel

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Quote from: genos on June 12, 2016, 07:48:39 AM

I think BITCOIN will not dropped reach to $1, but if that happen I would buy bitcoin as much as possible because I'm sure the price will rise again and then I will be rich.

Me either, I don't think that bitcoin will drop to $1, but if that happens. For sure I'm going to buy as many as bitcoin as I can.
I will take the opportunity of it and going to hope for a price increase after a longer year of it.
For sure it will also increase.

genos

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I think BITCOIN will not dropped reach to $1, but if that happen I would buy bitcoin as much as possible because I'm sure the price will rise again and then I will be rich.

hermanhs09

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Quote from: awesome31312 on June 11, 2016, 01:30:15 PM

Quote from: andycarrol on June 11, 2016, 01:23:00 PM

Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

Oh absolutely, law of supply and demand. However, this post is based on a parallel universe

Well, there are always supplies and demands that affect the BTC price, however, the majority of the price changes I believe is not from raw supply and demand, rather it's from leveraging.

If bitcoin dropped to $1 it would say something about the system being non functional. So I wouldn't buy any non functional currency.

betohell

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Quote from: Blackmet on June 11, 2016, 05:43:19 PM

I think that i will stop use bitcoin cause it will be similar to dollar and the main difference will be that bitcoin is cryptocurrency when dollar is fiat.

I think if it is equal to the dollar. it does not matter, if you get one bitcoin is as easy as getting one dollar? but if hard to obtain 1 BTC. then it is better to stop than bitcoin

awesome31312

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I think the better question is, will BTC hit $1000 again? In my opinion, that is worse than Bitcoin dropping to $1

Blackmet

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I think that i will stop use bitcoin cause it will be similar to dollar and the main difference will be that bitcoin is cryptocurrency when dollar is fiat.

smho_16

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Quote from: fantoos on June 11, 2016, 03:10:51 PM

I would like this to happen to regain this chance by buying at least 10 K Bitcoins if it hits again 1$.This will be temporary phase if ever happens but this can be only dream to imagine this happening.This will never happen we all know this.I am ready to catch if it drops that lower.Who will not collect many Bitcoins in this case as title says.

That is my dream too, having the chance to go back to 2010 or earlier and net some nice amount of bitcoins with that awesome price to buy and waiting patiently to sell it when it reaches 400 or 500 USD. This way we would all be rich , but this remains an utopia for the moment.

Bestwishes745

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Quote from: Betwrong on June 11, 2016, 03:00:01 PM

Quote from: awesome31312 on June 11, 2016, 01:30:15 PM

Quote from: andycarrol on June 11, 2016, 01:23:00 PM

Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

Oh absolutely, law of supply and demand. However, this post is based on a parallel universe

That's what I thought too. No way Bitcoin will drop to $1 before the Sun will drop on Earth. I'm pretty sure we will never see below $490 again. There are some things which are certain.

yeah, I agree with you, now it is not the time that bitcoin go back to the past, bitcoin has got a strong support from its users and everyone is benefiting from bitcoin so no one will leave it and in this way bitcoin will not fall,

fantoos

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I would like this to happen to regain this chance by buying at least 10 K Bitcoins if it hits again 1$.This will be temporary phase if ever happens but this can be only dream to imagine this happening.This will never happen we all know this.I am ready to catch if it drops that lower.Who will not collect many Bitcoins in this case as title says.

boopy265420

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Bitcoin will not drop even under 300 $ anymore.If this happens somehow I will grab as many as I will be able in that moment.I will not wait for Bitcoin to drop till 1 $.After what halving will be done there will be no more drops under 400 $.So being realistic no chance to get cheaper Bitcoins.It will have stability at above 500 $ after few weeks from now.

Cryptonitex

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Quote from: Betwrong on June 11, 2016, 03:00:01 PM

Quote from: awesome31312 on June 11, 2016, 01:30:15 PM

Quote from: andycarrol on June 11, 2016, 01:23:00 PM

Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

Oh absolutely, law of supply and demand. However, this post is based on a parallel universe

That's what I thought too. No way Bitcoin will drop to $1 before the Sun will drop on Earth. I'm pretty sure we will never see below $490 again. There are some things which are certain.

Wouldn't say never. I mean it could happen.

Betwrong

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Quote from: awesome31312 on June 11, 2016, 01:30:15 PM

Quote from: andycarrol on June 11, 2016, 01:23:00 PM

Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

Oh absolutely, law of supply and demand. However, this post is based on a parallel universe

That's what I thought too. No way Bitcoin will drop to $1 before the Sun will drop on Earth. I'm pretty sure we will never see below $490 again. There are some things which are certain.

awesome31312

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Quote from: andycarrol on June 11, 2016, 01:23:00 PM

Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

Oh absolutely, law of supply and demand. However, this post is based on a parallel universe

andycarrol

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Quote from: awesome31312 on June 11, 2016, 01:11:11 PM

If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

buy as much as possible it is a good choice, but remember that you have to play fast, like doing a fast trade. because it certainly will not last long, when the price increases will fall back

awesome31312

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If Bitcoin dropped to $1, I would buy all the Bitcoins I can afford.

Topic: If bitcoin dropped to $1, what you do? - page 65. (Read 98162 times)