If bitcoin dropped to $1, what you do? - page 78.

fortunecrypto

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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.

There should be a very big and good reason why would it drop to that level it could be the end of bitcoin if ever it drop to that level,in that case I will buy other altcoin and dump all of my bitcoin although everything is possible in this world it's still unimaginable..

Velkro

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I would buy tons of them, to try boost price up.
Bitcoin foreva!

jossiel

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Quote from: businessgirl on May 14, 2016, 01:43:31 AM

if that happens, i quit bitcoins

Why you would quit that easily? There is still a value and I would suggest you should quit if bitcoins has already no value at all. And consider that it is not stable higher chance of price increase after bitcoins downfall.

tampazeus

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Quote from: fantoos on May 14, 2016, 05:27:58 AM

This will never happen specially now in present time.Bitcoin has taken off already now will not happen big dumps.Halving will play major role to prevent this thing.It will also help the price stabilize over 400 $.I don't dream because this is not going to be under 400 $ any more.There should be some possibility when we image something happening here it is unrealistic thought.

Yes I think we won't see that low price in future, and as you said maximum low would be $400 nothing below then that, but we hope that it remains stable around $600.

fantoos

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This will never happen specially now in present time.Bitcoin has taken off already now will not happen big dumps.Halving will play major role to prevent this thing.It will also help the price stabilize over 400 $.I don't dream because this is not going to be under 400 $ any more.There should be some possibility when we image something happening here it is unrealistic thought.

tampazeus

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Quote from: dhimasnk on May 14, 2016, 05:14:45 AM

I will do some research. if the price is likely to go up I will still hold bitcoin and buy more

Yeah that is the right thing to do, and majority of people who have faith in bitcoin will do the same, as if it falls that low then it also has an potential to rise again.

dhimasnk

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I will do some research. if the price is likely to go up I will still hold bitcoin and buy more

salmanahmedone

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Quote from: MTBTT on May 14, 2016, 01:03:39 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.

yeah i think it will take some time to happen. perhaps hundreds of years to come. but if iut happens maybe the end of the bitcoin is up. because of something that has its time period, respectively.

That's all are imagination., because it is not come true, in this time bitcoin will never come down at $1,because now bitcoin has achieved that place where mostly people use it and like it. actually some people are wishing that it will be happened than we will buy a lot of bitcoins and when bitcoin's price will increased than we get a profit. but it is a big dream, in this world it will never come true.

electronicash

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Quote from: prtty2gal2 on May 14, 2016, 01:33:23 AM

Quote from: GamingBro on May 12, 2016, 03:39:55 PM

I don't really know what i will do when happen smth like this, maybe i will start working on daily job or will try to work with altcoin but i will never stop forget bitcoin.

Your situation would be the common scenario if we face bitcoin price dropped to $1. Most of the people will not find what to do next. But, many people still believe that bitcoin will bounce back very soon. This kind of belief, will not make bitcoin to fall as the above.

don't you think its time to buy more bitcoins? I certainly will ask for loan and sell my valuables just to buy bitcoin which is just $1. certainly i can gather about $2k for all the computer stuff I have, i can sell my bike and sell my girlfriend as well. she's all yours for just $10.

businessgirl

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if that happens, i quit bitcoins

prtty2gal2

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Quote from: GamingBro on May 12, 2016, 03:39:55 PM

I don't really know what i will do when happen smth like this, maybe i will start working on daily job or will try to work with altcoin but i will never stop forget bitcoin.

Your situation would be the common scenario if we face bitcoin price dropped to $1. Most of the people will not find what to do next. But, many people still believe that bitcoin will bounce back very soon. This kind of belief, will not make bitcoin to fall as the above.

Hazir

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Bitcoin will never reach $1 again. There is simply too many people who want to buy bitcoin at lower price at this point - these people will buy bitcoin on its way down,
and therefore will cause bitcoin price rise.

jerowacik

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it's impossible . bitcoin has enormous power at this time in the stock market. bitcoin has been a major commodities such as the dollar. if bitcoin fell to $ 1, the world economy will slow down.

pak hero

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if we examine the present condition and situation of he bit coin it can easily be concluded that it will not come to such a low leve. but perhaps it comes to such a low level i will try to buy as many bitcoin as i can. because it will be a temporary downfall. after some time it will again make itself stable. so also suggest you to buy as many bitcoin at that time as you can.

MTBTT

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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.

yeah i think it will take some time to happen. perhaps hundreds of years to come. but if iut happens maybe the end of the bitcoin is up. because of something that has its time period, respectively.

boyptc

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Quote from: dinda22 on May 14, 2016, 12:02:44 AM

Quote from: boyptc on May 13, 2016, 11:47:14 PM

Quote from: streazight on May 13, 2016, 11:04:07 PM

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.

yes right, everyone does not believe in this, and it will not happen. because if this happens it is a beginning of the destruction of bitcoin.
and I see opinion people mostly, prefer to buy many bitcoin when the price falls to $1 because sure will bounce back.

Because every one knows the potential of bitcoin even though it will fall to a very low price, if that happens.
People believes that it can just rise fly to the moon immediately.

jhenfelipe

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Well actually, I don't really have any idea of what am I going to do if it happens. I was thinking about some bitcoin earners plan of buying more BTC for future use, but it's quite hesitating(I consider that idea though). There are so many what if's comes to my mind when thinking. No one knows what will happen next if that thing happens, that's why I will just focus on the present and hope for the best for BTC. Roll Eyes

amiryaqot

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Well that is dreaming with open eyes at the this stage how can anybody think BTCitcoin can drop to $1, i am quite sure it is more stable above $400 and we will see price will be skyrocket very soon almost will be get double before of the current year, from my point of view this thread is just useless.

dinda22

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Quote from: boyptc on May 13, 2016, 11:47:14 PM

Quote from: streazight on May 13, 2016, 11:04:07 PM

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.

yes right, everyone does not believe in this, and it will not happen. because if this happens it is a beginning of the destruction of bitcoin.
and I see opinion people mostly, prefer to buy many bitcoin when the price falls to $1 because sure will bounce back.

boyptc

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Quote from: streazight on May 13, 2016, 11:04:07 PM

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.

Topic: If bitcoin dropped to $1, what you do? - page 78. (Read 98180 times)