This is a kind of joke and it will never happen in the future.. i couldn't imagine what will happen if the price will drop to 1$.
My friend you are right and I agree completely. But thats why he asked, because if something strange happens he wants to know our reaction and most importantly actions to it. I personally would buy 10 btc and just sit and let the party begin. 
Topic: If bitcoin dropped to $1, what you do? - page 69. (Read 98180 times)
If it's happen bitcoin will die for sure, nobody want use currency that same as dollar but harder to earn, many people who using bitcoin as invesmtent will quit too, i think.
True believer of bitcoin will never leave bitcoin for sure in future even if price drops that low, they will buy and wait for price to rise again.
If it's happen bitcoin will die for sure, nobody want use currency that same as dollar but harder to earn, many people who using bitcoin as invesmtent will quit too, i think.
This is a kind of joke and it will never happen in the future.. i couldn't imagine what will happen if the price will drop to 1$.
Maybe drop to $100 .but $1 is a big joke as you've said .me too my mind was blank ,one thing for sure whatever happens even if we counter the spinning of the earth or make top to the bottom it will never happen.Bitcoin will never ever see even the price of $100 in future, so thinking of $1 is something out of the box, so I think we should expect some higher price in future.
This is a kind of joke and it will never happen in the future.. i couldn't imagine what will happen if the price will drop to 1$.
Maybe drop to $100 .but $1 is a big joke as you've said .me too my mind was blank ,one thing for sure whatever happens even if we counter the spinning of the earth or make top to the bottom it will never happen. If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
if the price drops to 1$ . then it will never go up again. it just mean that bitcoin is almost dead. buying bitcoin for only 1$ is doesn't make sense.. we can just pray that bitcoin will never drop like that and will stay at 500$ .. I think bitcoin price should be between 400 and 500$. this is the best rate of bitcoin.
I don't think that price is ever possible in future, and it would be really weird if it fell that low in future, but the chances are very little and it will keep on moving up in coming days.
If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
if the price drops to 1$ . then it will never go up again. it just mean that bitcoin is almost dead. buying bitcoin for only 1$ is doesn't make sense.. we can just pray that bitcoin will never drop like that and will stay at 500$ .. I think bitcoin price should be between 400 and 500$. this is the best rate of bitcoin.
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.
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 have doubts to buy on that level. It was like bitcoin has just been born and no one trust it. I think that price will not come unless a major catastrophe strikes bitcoin. If it is just 250, I will surely buy more.
Would've sold all my BTC for flat currency before that'd happen lol In that case, I would probably try to get out of my bitcoin cave and venture forth for another crpytocurrency or altcoin 
. (not a real trader, but i'm assuming if BTC would reach that point then the thing in the eyes of the people would be less valuable than something else in its stead/because of any other reason that could impact its function and usefulness)
. (not a real trader, but i'm assuming if BTC would reach that point then the thing in the eyes of the people would be less valuable than something else in its stead/because of any other reason that could impact its function and usefulness) I wouldn't call what your brother says solid proof, because it's just not. Everyone here could say that bitcoin will reach $500 somewhere this month. Most of us here want that to happen and it has the potential to do so, it's just a matter of when it's going to happen.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
Hey mate did you checked what is the price of 1 BTC today. what every one is thinking and what purpose every one is holding there bitcoin that time came mate. Today 1 BTC price is 530$ i think no one will imagine this much increase right. Now question is what you will do it crossed 500$ today? So why simply we think about negative right Bitcoin price if it go down also immediately it will not decrease 1$ right we know before that only so when it started to down we can sell our coins thats it.
I wouldn't call what your brother says solid proof, because it's just not. Everyone here could say that bitcoin will reach $500 somewhere this month. Most of us here want that to happen and it has the potential to do so, it's just a matter of when it's going to happen.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
yes it could increase again if most people think like you, buy bitcoin as much as possible, and when prices are rising you immediately sell it, but I think after that it will fall back quickly and lots of people will lose
If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you
will still know the password of your bitcoin wallet.
But still, you will earn big profit from it.
Well that's the only way to get his profits to tell and teach his kids or any relative to adopt bitcoin and he has some savings , holding bitcoin
for the years to come and they will benefit on it. Once the right time comes and they think that is enough.
If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you
will still know the password of your bitcoin wallet.
But still, you will earn big profit from it.
Not now, many in next 2-5 years the bubble will burst.
If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you
will still know the password of your bitcoin wallet.
But still, you will earn big profit from it.
If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times.
i would most probably buy some bitcoins though i would be very careful to be honest in order not to lose even more money that i would lose for having bitcoins when it drops
We need to hold it for really long time if we want best results from it, as of now I don't think that price of bitcoin will fall that low in future.
If the price will go down that far... AS it goes down, people will be buying like it's candy!
I don't think it could go that low, but if it does; and it rebounds, I'll be one rich son of a B!7(H
I don't think it could go that low, but if it does; and it rebounds, I'll be one rich son of a B!7(H
If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times.
i would most probably buy some bitcoins though i would be very careful to be honest in order not to lose even more money that i would lose for having bitcoins when it drops
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