If bitcoin dropped to $1, what you do? - page 70.

pocarime32

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Quote from: mark coins on May 30, 2016, 07:50:50 AM

Quote from: pearl11 on May 30, 2016, 07:47:00 AM

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'm not doing that. I think it will be hard for bitcoin's price to increase again if it's only $1. Many people will stop using bitcoin and leave it, and maybe the next bitcoin will come out.

mark coins

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Quote from: pearl11 on May 30, 2016, 07:47:00 AM

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.

Beinglove

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Quote from: pearl11 on May 30, 2016, 07:47:00 AM

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.

Probably this would be favorable to buyers. Analyzation is needed if when you gonna buy or sell your bitcoins.
Well whatever happens to btc like dropping its value to $1 I still believe that it can survive, it was already proven according to its history.

pearl11

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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.

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Quote from: Holdaaja on May 27, 2016, 08:30:37 AM

I would definitely buy a lot more.
But it is impossible to go that low because people would buy more way before it can hit that price.

Yeah, and I don't think now we will ever see that low price of bitcoin, and if it falls then some of them will quit bitcoin and those who have faith in bitcoin will try to collect more.

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We never know what would be the future of bitcoins. But what ever happens to it I will seek good reasons to continue using this coins. I would rather to buy a lot of btc too if I had enough amount of money but I will prevent my self from selling my properties and usefull things.

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I would definitely buy a lot more.
But it is impossible to go that low because people would buy more way before it can hit that price.

mark coins

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Quote from: TastyChillySauce00 on May 27, 2016, 07:04:04 AM

Quote from: Superbitzz on May 27, 2016, 07:00:46 AM

Quote from: StoreBit on May 27, 2016, 06:52:04 AM

Quote from: boyptc on May 27, 2016, 06:29:15 AM

Quote from: Crazygreek on May 26, 2016, 12:57:40 PM

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.

yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.

mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.

bitcoin is not going to touch at 1$ point when there's still so damn many people using do a bitcoin transaction,i've seen the lowest point is on 200$ but after next few months,the price rising till now close to 500$

Yeah that low price is never possible, price will rise now in future and we cannot expect that low price ever in future, so no need to worry about that.

italianobitcoin

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The chance is really low that it can drop to that low and if that happen than there will be a lot of people that will see that Bitcoin are going down so they will stop using it before that happens.
We dont have to be negative because you already can see now that it will be more worth in the future so that is nice.

TastyChillySauce00

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Quote from: Superbitzz on May 27, 2016, 07:00:46 AM

Quote from: StoreBit on May 27, 2016, 06:52:04 AM

Quote from: boyptc on May 27, 2016, 06:29:15 AM

Quote from: Crazygreek on May 26, 2016, 12:57:40 PM

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.

yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.

mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.

bitcoin is not going to touch at 1$ point when there's still so damn many people using do a bitcoin transaction,i've seen the lowest point is on 200$ but after next few months,the price rising till now close to 500$

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Quote from: StoreBit on May 27, 2016, 06:52:04 AM

Quote from: boyptc on May 27, 2016, 06:29:15 AM

Quote from: Crazygreek on May 26, 2016, 12:57:40 PM

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.

yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.

mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.

StoreBit

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Quote from: boyptc on May 27, 2016, 06:29:15 AM

Quote from: Crazygreek on May 26, 2016, 12:57:40 PM

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.

yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.

boyptc

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Quote from: Crazygreek on May 26, 2016, 12:57:40 PM

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.

daringdiscovered

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I will buy more bitcoins if bitcoin price will drop to 1$.But before i buy must know why bitcoin's price drops like that.If that was a big problem then i will not bitcoin anymore instead buy any promising coins out there like ETH or LTC.But if it was just a small market problem then i'll invest on bitcoin and wait for its price to rise up again and sell it for big profit.

Crazygreek

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I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

umaOuma

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Quote from: Scream on May 26, 2016, 10:45:23 AM

Quote from: chaosknight on May 25, 2016, 01:46:40 PM

Quote from: salmanahmedone on May 25, 2016, 01:44:09 PM

Quote from: amine14madrid on May 23, 2016, 12:06:20 PM

If bitcoin dropped to $1 ,it means people are dumping their btc. I think that there's still a chance that bitcoin's price will increase.

Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".

Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.

it is true, as long as bitcoin development continues to increase, and more and more users. These things will never happen, unless bitcoin really going to die

If you see continuous growth in user base then you don't have to worry about its future and it will never let bitcoin die in future, bitcoin will survive for a long time for sure.

Scream

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Quote from: chaosknight on May 25, 2016, 01:46:40 PM

Quote from: salmanahmedone on May 25, 2016, 01:44:09 PM

Quote from: amine14madrid on May 23, 2016, 12:06:20 PM

If bitcoin dropped to $1 ,it means people are dumping their btc. I think that there's still a chance that bitcoin's price will increase.

Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".

Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.

it is true, as long as bitcoin development continues to increase, and more and more users. These things will never happen, unless bitcoin really going to die

JessicaSe

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Quote from: FabioDelcatto on May 26, 2016, 10:19:55 AM

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.

If the Bitcoin price was that low I would search why it is so low because something muss be wrong if the price is 1 Dollar.
If it is legit and I know that the price is going to rise again then I would buy allot of coins.

You will never see that low price of bitcoin in future, so just concentrate on present price and try to decide when to buy and when to sell.

FabioDelcatto

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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.

If the Bitcoin price was that low I would search why it is so low because something muss be wrong if the price is 1 Dollar.
If it is legit and I know that the price is going to rise again then I would buy allot of coins.

chaosknight

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Quote from: salmanahmedone on May 25, 2016, 01:44:09 PM

Quote from: amine14madrid on May 23, 2016, 12:06:20 PM

If bitcoin dropped to $1 ,it means people are dumping their btc. I think that there's still a chance that bitcoin's price will increase.

Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".

Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.

Topic: If bitcoin dropped to $1, what you do? - page 70. (Read 98162 times)