If bitcoin dropped to $1, what you do? - page 72.

prtty2gal2

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Quote from: Lucius on May 21, 2016, 11:45:55 AM

If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink

How you can speculate now itself bitcoin will come to $1. In my opinion that has no possibilities to happen.
Once bitcoin hits $1000, it will keep on rising towards $10k price levels.

Piltover

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If that happens than there will be a lot of people that is stopping using Bitcoin because they already see that Bitcoin is going to be low and that can be bad for the currency itself.
But you have also to know that we have to be realize and that Bitcoin will be more worth soon because the halving is coming.

Bitcoinpro

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Spam thread please delete

ronaldo40

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Quote from: bit1 on May 21, 2016, 07:49:22 PM

Quote from: bitcoineverything on May 21, 2016, 11:42:19 AM

It depends on the reason why bitcoin price rolled down to $1. If the reason is normally because of the market, then I'll buy bitcoin as much as I can because I know a lot of people will do the same thing. Before I could wake up the next morning, bitcoin price will go up again.

In the fortuitous event that can happen, Down to $1 it could be only because this ended and perhaps the only serious value could be of collection or something like that.

maybe it could be a good opportunity to buy as much as possible, but maybe this will be a brisk trade, as the price of bitcoin increased substantially the people better to sell, because I am not sure when the price of bitcoin has fallen to $ 1 it will rise again high, for $1 is a telltale sign of bitcoin will die.

bit1

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Quote from: bitcoineverything on May 21, 2016, 11:42:19 AM

It depends on the reason why bitcoin price rolled down to $1. If the reason is normally because of the market, then I'll buy bitcoin as much as I can because I know a lot of people will do the same thing. Before I could wake up the next morning, bitcoin price will go up again.

In the fortuitous event that can happen, Down to $1 it could be only because this ended and perhaps the only serious value could be of collection or something like that.

Monnt

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Quote from: Superbitzz on May 21, 2016, 03:57:43 PM

Quote from: vero on May 21, 2016, 03:29:12 PM

Quote from: bitlancr on May 21, 2016, 02:49:59 PM

Quote from: Bitcoinbro on May 21, 2016, 02:04:22 PM

Quote from: Akupuniard on May 21, 2016, 01:02:23 PM

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.

although that wouldn't be possible happen but i think if the price of bitcoin drop much to below $100 at that situation market will be active and we will got new investor to buy much bitcoin so the price will back up in the short time.

at that time i think a panic will be created. most of the people will trying to sell their bitcoin so as to avoid the llost. just like in stockexchange. but if the people donot loose heart and they do not sell thier bitcoin then the bitcoin will take a new bost very soon.

I think most people would've sold before $1, however. $1 is only possible after a huge pop of a bubble, or a major flaw in the system. If it's the latter, you'd know about it, and you would also know to back out. If it was after a bubble, buybuybuy.

Superbitzz

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Quote from: vero on May 21, 2016, 03:29:12 PM

Quote from: bitlancr on May 21, 2016, 02:49:59 PM

Quote from: Bitcoinbro on May 21, 2016, 02:04:22 PM

Quote from: Akupuniard on May 21, 2016, 01:02:23 PM

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.

although that wouldn't be possible happen but i think if the price of bitcoin drop much to below $100 at that situation market will be active and we will got new investor to buy much bitcoin so the price will back up in the short time.

at that time i think a panic will be created. most of the people will trying to sell their bitcoin so as to avoid the llost. just like in stockexchange. but if the people donot loose heart and they do not sell thier bitcoin then the bitcoin will take a new bost very soon.

vero

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Quote from: bitlancr on May 21, 2016, 02:49:59 PM

Quote from: Bitcoinbro on May 21, 2016, 02:04:22 PM

Quote from: Akupuniard on May 21, 2016, 01:02:23 PM

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.

although that wouldn't be possible happen but i think if the price of bitcoin drop much to below $100 at that situation market will be active and we will got new investor to buy much bitcoin so the price will back up in the short time.

bitlancr

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Quote from: Bitcoinbro on May 21, 2016, 02:04:22 PM

Quote from: Akupuniard on May 21, 2016, 01:02:23 PM

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.

Bitcoinbro

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Quote from: Akupuniard on May 21, 2016, 01:02:23 PM

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

davinchi

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Quote from: Lucius on May 21, 2016, 11:45:55 AM

If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink

You must be wrong. When bitcoin hits $1000, there would be more number of investors from Wall Street come to invest into bitcoin. Yes bitcoin will turn up as an alternate investment option like gold. So, there would be no chances for prices coming back to $1.

m1ndfr3ak

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I will sell my phone and my computer set and buy as many as i can

Akupuniard

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Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

QuestionAuthority

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You lead and I'll watch you walk away.

For it to hit $1 again that would mean all of the exchanges worldwide would be reporting the honest actual volume. None of them would find it in their best interest to cook the order books to keep the exchange rate artificially high like it is now.

What would I do? Hum, let's see. I'd suck my own dick while hitting myself in the head with a frying pan and descale a live rainbow trout by rapidly shoving it in and out of my butthole. But that will never happen because no one will let it hit $1 again.

Lucius

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Blackjack.fun-Free Raffle-Join&Win $50🎲

If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink

BitcoinPC

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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.

I wish the day will come back , because in this moment, i have save my bitcoins, if bitcoin is drop at $1, so not me mostly people will get lose and loss, but after halving, i wish the day will come, and of course i will buy a lot of bitcoins, may be i will buy 1000000 BTC.

bitcoineverything

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InvestnTrade. Latest from the crypto space.

It depends on the reason why bitcoin price rolled down to $1. If the reason is normally because of the market, then I'll buy bitcoin as much as I can because I know a lot of people will do the same thing. Before I could wake up the next morning, bitcoin price will go up again.

Mr.grin

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I guess if the price of bitcoin, $ 1 was not going to stop people to use it. bitcoin is very easy to get, so when the price dropped to $ 1 1 BTC may be very easy to get

BitHodler

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Quote from: dhimasnk on May 21, 2016, 08:58:46 AM

I'll do some research, if prices could rise again. if they can go up I will keep bitcoin

By the time you completed doing your research about Bitcoin the price has gone up again. Cheesy

chaosknight

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Quote from: Labumi on May 21, 2016, 10:54:42 AM

Quote from: co5hike on May 21, 2016, 08:28:00 AM

I don't think we will see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.

Yup, these reasons are also not only talk, but also from the results of the monitoring of the market and users who use the Bitcoin, from which we know that users and markets Bitcoin always have elevated, sometimes the market also experienced a decline but it is only moments away and after that it will have an increased

We will always see price ups and downs in bitcoin, but that doesn't mean that bitcoin will die, if it falls it will rise again in future, so just need to wait till it rise again.

Topic: If bitcoin dropped to $1, what you do? - page 72. (Read 98162 times)