If bitcoin dropped to $1, what you do? - page 74.

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Quote from: romero121 on May 21, 2016, 05:02:31 AM

Quote from: DodoB on May 19, 2016, 05:36:55 PM

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That's not the fair decision. You should surely need the hope that the bitcoin once again grows as it had come to this level from the same $1. I would buy as much possible.

Yeah that's the right thing to do, if price falls to $1 then buy 1000 coins, so even if price rise to $2 you are making almost double profits.

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It doesn't sound very realistic for BTC to dropp to justw 1$. But that would be great opportunity for buying, in.case that this somehow happens but also depends what the reason for such dropping of the price. Such low price could endanger the existance of Bitcoin.

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Quote from: DodoB on May 19, 2016, 05:36:55 PM

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That's not the fair decision. You should surely need the hope that the bitcoin once again grows as it had come to this level from the same $1. I would buy as much possible.

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Quote from: streazight on May 21, 2016, 04:39:04 AM

Quote from: Dr.Famous on May 12, 2016, 07:50:18 PM

First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.

Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin.

I don't think that is possible, even if chinese governmet creates panic that low price of bitcoin is not possible, and if it falls I will buy in bulk and keep it safe for future.

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Quote from: Dr.Famous on May 12, 2016, 07:50:18 PM

First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.

Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin.

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Quote from: Text on May 20, 2016, 11:14:15 AM

The changing of bitcoin's value is not reasonable because its very common. May be when it reach that amount, I would try to buy BTC with my earned coins lately, hold then wait to rise again. The up and down of price itself is natural, even it reduce it will still increase.

No need to worry if price drops, as its very common with bitcoin, so if price falls then you need to buy bitcoin and hold it for future as price will rise again soon.

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Quote from: DodoB on May 19, 2016, 05:36:55 PM

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That doesn't makes it a dead coin when it's still worth of $1 and there is no death to BTC. Whenever the price goes down, people will start buying and it rises again.

And FYI, this forum is not dedicated to only bitcoin just because the name says so. There are other currencies too.

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The changing of bitcoin's value is not reasonable because its very common. May be when it reach that amount, I would try to buy BTC with my earned coins lately, hold then wait to rise again. The up and down of price itself is natural, even it reduce it will still increase.

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It depends on what is the reason why the price drops from $400 to $1 if that reason is not too serious I am going to buy plenty of it and wait until the price rockets so I can earn much.

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Personally, i would wait in hopes of a price increase, otherwise it would not be worth selling.

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Quote from: DodoB on May 19, 2016, 05:36:55 PM

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

You mean there is no point in talking about a dead currency when it drops to $1 or you find it already to be a dead currency? Either way, Bitcoin will only (temporarily) die when there is no power and/or no internet connection. Price doesn't matter in this case. Even if Bitcoin is worth only $0.10 then the technology itself is still running perfectly fine.

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I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

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Quote from: Monnt on April 15, 2016, 07:09:21 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.

Is it possible to bitcoin to drop to $1 again? what are the theories and how could it happen if this happen this could mean that people are dumping bitcoin for some serious problem if that is the case then it's time to invest on other altcoin..

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Quote from: gerXhonza on May 19, 2016, 12:14:23 PM

Quote from: Blackmet on May 19, 2016, 12:11:32 PM

Quote from: wintermeasures on May 19, 2016, 11:24:03 AM

i will buy more bitcoin and hold it till $400 again, Cheesy

just like forex, Price is happening today is a reduction in price in the past, thanks

I think after this major drop bitcoin will never return, people will start panic, solding bitcoins also will stop using it. But maybe my prediction is wrong.

Bitcoin has potential to rise again, and it has successfully proved in the past many times, so if price falls that low I would still prefer to buy some coins.

Agreed, but now that low value is never possible in future, so don't think about it believe in present and act and react accordingly to earn good profits in future.

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There would have to be a catastrophic failure or some serious security flaw for that to happen.

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Quote from: Blackmet on May 19, 2016, 12:11:32 PM

Quote from: wintermeasures on May 19, 2016, 11:24:03 AM

i will buy more bitcoin and hold it till $400 again, Cheesy

just like forex, Price is happening today is a reduction in price in the past, thanks

I think after this major drop bitcoin will never return, people will start panic, solding bitcoins also will stop using it. But maybe my prediction is wrong.

Bitcoin has potential to rise again, and it has successfully proved in the past many times, so if price falls that low I would still prefer to buy some coins.

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Quote from: wintermeasures on May 19, 2016, 11:24:03 AM

i will buy more bitcoin and hold it till $400 again, Cheesy

just like forex, Price is happening today is a reduction in price in the past, thanks

I think after this major drop bitcoin will never return, people will start panic, solding bitcoins also will stop using it. But maybe my prediction is wrong.

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i will buy more bitcoin and hold it till $400 again, Cheesy

just like forex, Price is happening today is a reduction in price in the past, thanks

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Quote from: Nandiwal on May 19, 2016, 07:22:58 AM

Nope. it will never happen. because BTC become a need of many people now a days. As u say what will i do if its happen then i will surely buy more Btc.

That's the right thing to do, as we know bitcoin can grow again in future, its just matter of time the only thing we need is a patience and faith in bitcoin.

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Quote from: Nandiwal on May 19, 2016, 07:22:58 AM

Nope. it will never happen. because BTC become a need of many people now a days. As u say what will i do if its happen then i will surely buy more Btc.

I agree, not to mention the dark services but the gambling.

Topic: If bitcoin dropped to $1, what you do? - page 74. (Read 98180 times)