If bitcoin dropped to $1, what you do? - page 80.

shane

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Quote from: PsursV on May 12, 2016, 10:11:10 AM

Quote from: GreenBits on May 12, 2016, 09:00:24 AM

My last reply kept the quotes but not additions Huh

Curious, but I will restate:

Quote from: JeanMcCoy on May 12, 2016, 08:50:46 AM

Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

The chance is really small that the value can reach that value and that is you already can see now that it is becoming more worth so that is perfect for the currency.
And many people also think that they can have some profit this year and that is nice but we are not for sure of course.

If the value ever goes this low, it may indicate a fundamental loss of confidence in the technology, or the discovery of a fatal flaw in the protocol. That is, if it goes this low it may be because it went sour, and no one will want to touch it for a while.

i think it will not come to such a low level. perhaps it come to that level no matter. look at the stack exchange some time the prices comes to its lowest level when stack exchange drops but after some time it raise to its level after some times.

to go to the lowest price that is not possible, even if it could be the end of the trip bitcoin. we have very often fall and get up again.

PsursV

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Quote from: GreenBits on May 12, 2016, 09:00:24 AM

My last reply kept the quotes but not additions Huh

Curious, but I will restate:

Quote from: JeanMcCoy on May 12, 2016, 08:50:46 AM

Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

The chance is really small that the value can reach that value and that is you already can see now that it is becoming more worth so that is perfect for the currency.
And many people also think that they can have some profit this year and that is nice but we are not for sure of course.

If the value ever goes this low, it may indicate a fundamental loss of confidence in the technology, or the discovery of a fatal flaw in the protocol. That is, if it goes this low it may be because it went sour, and no one will want to touch it for a while.

i think it will not come to such a low level. perhaps it come to that level no matter. look at the stack exchange some time the prices comes to its lowest level when stack exchange drops but after some time it raise to its level after some times.

GreenBits

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My last reply kept the quotes but not additions Huh

Curious, but I will restate:

Quote from: JeanMcCoy on May 12, 2016, 08:50:46 AM

Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

The chance is really small that the value can reach that value and that is you already can see now that it is becoming more worth so that is perfect for the currency.
And many people also think that they can have some profit this year and that is nice but we are not for sure of course.

If the value ever goes this low, it may indicate a fundamental loss of confidence in the technology, or the discovery of a fatal flaw in the protocol. That is, if it goes this low it may be because it went sour, and no one will want to touch it for a while.

JeanMcCoy

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Activity: 363

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Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

The chance is really small that the value can reach that value and that is you already can see now that it is becoming more worth so that is perfect for the currency.
And many people also think that they can have some profit this year and that is nice but we are not for sure of course.

clickerz

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Backed.Finance

Quote from: jossiel on May 12, 2016, 02:03:02 AM

Yes even for only $1 price increase you will surely get a profit easily how much more if it suddenly came back to $400+ bitcoins?
You investment of $100 really worth it.

Agree,bitcoin price are fluctuating. Up - Down and go on.When the time BTC equals 1 USD, its time to buy more as we know,it will not stay there forever Wink

Hope so, it will happen lol

Corenin

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Quote from: Herbert2020 on May 12, 2016, 01:47:37 AM

Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit.

but it is all hypothesis and only happening in a parallel universe!

Yeah its impossible to fall that low, we can imagine that it can fall to $100 in future, but $1 is unrealistic, and if it falls then I would try to collect as much possible for me at that stage.

Text

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If that happen, maybe I would follow to those users that have run away from bitcoin but I will not quit on observing... I still want to receive an update from it. Well, I don't want seeing the btc value in that amount. I expect it goes higher as time passing by even there's a fluctuation of price.

PsursV

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i dont think that it will happend so. but unfortunately it happend, i will like to buy more and more bitcoin. i will even sell my house and land and will buy bitcoin then i will wait for good time when its price will raise to high level.

jossiel

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Quote from: Herbert2020 on May 12, 2016, 01:47:37 AM

Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit.

but it is all hypothesis and only happening in a parallel universe!

Yes even for only $1 price increase you will surely get a profit easily how much more if it suddenly came back to $400+ bitcoins?
You investment of $100 really worth it.

Herbert2020

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Activity: 1946

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Quote from: jossiel on May 12, 2016, 01:09:13 AM

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit.

but it is all hypothesis and only happening in a parallel universe!

jossiel

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Activity: 3150

Merit: 636

DGbet.fun - Crypto Sportsbook

Quote from: Embroiderymate on May 12, 2016, 12:45:14 AM

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

Embroiderymate

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I would buy all that I could and wait for the great rise to make my profit

GreenBits

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If this gem of a situation actually happened, I would have taken the money I got from selling my btc BEFORE the price crashed and buy every btc I could get my hands on.

Then I would print out a bunch of paper wallets and roll around on them. And rub them on my face.

Digital_Lord

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Quote from: CoinSiteDesigner on May 11, 2016, 09:31:46 PM

Quote from: co5hike on May 11, 2016, 09:14:03 AM

Quote from: CoinSiteDesigner on May 11, 2016, 09:03:52 AM

Quote from: Bitinity on May 11, 2016, 08:51:44 AM

Quote from: CoinSiteDesigner on May 11, 2016, 07:30:10 AM

1. Goto bank
2. Get some loan.
3. Buy as many btc as I can.
4. and wait for it to rise and sell when it's a peak price Tongue

How if bitcoin dead just after you bought so many bitcoins with the loan? Even though it sounds impossible, but who knows the future of bitcoin?

I'm very confident that if it drops, it surely spikes again. Because people buy bitcoin when it's at low price (seen saying this for number of times) Roll Eyes

But there will be many people who will loose faith in bitcoin and will prefer to quit bitcoin forever, but it is unlikely to happen in near future.

That ain't true. Bitcoin is expanding, more and more big companies are accepting it.

You can use it almost everywhere, no one will ever prefer to quit it. Seems like you just hate it? Grin

You are right. that will not happen with bitcoin. bitcoin will not dead in future. because bitcoin getting lots of courage and love from users. big companies are accepting bitcoin as payment. now we can buy cinema tickets, we can buy foods with bitcoin.
if bitcoin dropped to 1$ I'll convert all my money to bitcoin.

newbtcminer

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"That's just like, your opinion, man."

I'd definitely try to buy as much as possible, but chances are I'd be beaten by someone else in the instant I discovered how low it'd gotten. I don't think bitcoin could ever completely disappear because of its ubiquity. It's just one of the many advantages of decentralization.

CoinSiteDesigner

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Activity: 126

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Quote from: co5hike on May 11, 2016, 09:14:03 AM

Quote from: CoinSiteDesigner on May 11, 2016, 09:03:52 AM

Quote from: Bitinity on May 11, 2016, 08:51:44 AM

Quote from: CoinSiteDesigner on May 11, 2016, 07:30:10 AM

1. Goto bank
2. Get some loan.
3. Buy as many btc as I can.
4. and wait for it to rise and sell when it's a peak price Tongue

How if bitcoin dead just after you bought so many bitcoins with the loan? Even though it sounds impossible, but who knows the future of bitcoin?

I'm very confident that if it drops, it surely spikes again. Because people buy bitcoin when it's at low price (seen saying this for number of times) Roll Eyes

But there will be many people who will loose faith in bitcoin and will prefer to quit bitcoin forever, but it is unlikely to happen in near future.

That ain't true. Bitcoin is expanding, more and more big companies are accepting it.

You can use it almost everywhere, no one will ever prefer to quit it. Seems like you just hate it? Grin

torrentheaven

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Quote from: Altynbekova on May 11, 2016, 12:29:40 PM

Selling of course, who would not sell on such a amount,the bitcoin can never get back up with some a amount.
Normally the bitcoin always get back up but with 1 dollar this will not happen for sure, than it will be over.

Yeah if bitcoin falls to $1 ever in future then it will be an end of bitcoin era, as people will surely loose all their faith from it and will switch to some other product for making investments.

YTBitcoin

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I currently do not have enough bitcoin so currently I do not have any idea that what have to be the price of bitcoin. I think those people who are a lot of bitcoins will not want the price to drop down and will want the price to reach to a high price, while those who want to buy bitcoin and have less money will want the price of bitcoin to come to down.

Altynbekova

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Activity: 476

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Selling of course, who would not sell on such a amount,the bitcoin can never get back up with some a amount.
Normally the bitcoin always get back up but with 1 dollar this will not happen for sure, than it will be over.

Vikingr

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No, we really do not want that value for bitcoin, otherwise we will lose our money with that , now we want a very high price for that, I think the price should not be $1, but it should have to be about more than $1000.

Topic: If bitcoin dropped to $1, what you do? - page 80. (Read 98180 times)