If bitcoin dropped to $1, what you do? - page 91.

Whosdaddy

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Quote from: EasyToshi on April 27, 2016, 11:05:57 AM

Kill myself, then revive and rage purchase lots of BTC and pray. Cheesy

You are true if bitcoin dropped to that much price then only prayers can bring it to the height so at that time if someone dared to buy some bitcoins then they have to pray every time for the increase of that.

DuckKeeper

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Bitcoin is not going to that low and if that is going to happen than there will be a lot of people that is going to stop using Bitcoin and that would be bad for the currency.
But they have to also now that it cant happen because it is now rising already slowly.

Text

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It's a big no for me, I don't want it to be happen. But the results is not on my hand, it will depend to all of us, to all the sectors that run a bitcoin. Just maybe, I would still continue connected to it and go on the flow. We can't really tell what would happen next, so for now let's enjoy what we have now.

GonerGenesis

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It's a big IF, but since it's not caused by something which corrupts the coin I'll at least hold my btc and probably buy some extra.

Real-Duke

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If we ever reach again 250 I would sell all my BTC an buy them back (and a few more) latest at 1$

winspiral

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Quote

If bitcoin dropped to $1, what you do?

...then I'm ruined...virtualy ruined...hopefully my 0.5BTC are always 0.5BTC

Shinpako09

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Theres two thing that comes in my mind or rather I would do if that happen. First, I would buy hoping that price will go up again. Second, ill forget bitcoin thinking of thats the end of btc.

salmanahmedone

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Quote from: European Central Bank on April 15, 2016, 07:28:56 PM

Quit. I don't think there's gonna be much coming back from that type of level. Maybe there'd be a few death rattles. I ain't hanging around to see them.

Yes it will never happened in real life, because now bitcoin is in a top place how can bitcoin will come at 1$,it is an imagination only, but you can say that bitcoin will drop his actual price which is here in this time. but not come at $1 forever.

bob123

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Depending on the reason it dropped i'd buy more i guess.

TastyChillySauce00

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Quote from: waltercoin2016 on April 29, 2016, 04:08:47 AM

Right at the moment, the exchange rate is around 340 dollars. One dollar drop wont affect me much though. I will still keep it in my ANX account.

lol you don't get it, OP said if bitcoin dropped to 1$,or simple words, if a bitcoin equivalent to 1$ ,so it'll affect that much to so many bitcoiners
,and it'll sure affect you too

waltercoin2016

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Right at the moment, the exchange rate is around 340 dollars. One dollar drop wont affect me much though. I will still keep it in my ANX account.

n0ne

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Quote from: Marbit on April 28, 2016, 06:35:31 PM

I cannot imagine that low price of bitcoin in future, bitcoin is growing at a moment and it will continue to rise in future too, and if it falls then I will collect maximum number of coins.

Not at all a value to reach. At least when the price was around $100, the possibility might be little high to reach $1.

Icathia

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The chance is really small that it can happen because the value is not even that low now and you see also that the value is not even rising now so it keep stable for a long time.
And not many people like it because they want to make profit in a fast time and that is not possible now.

betohell

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Quote from: sempak on April 28, 2016, 05:51:38 PM

Quote from: pimpjuice on April 28, 2016, 05:47:35 PM

Call yourself an idiot for not selling before it hit 1$.

wow, that is a difficult thing. you can not wait until 1USD. it is something that needs time to get 1 USD,

I think when prices began to fall sharply bitcoin surely you will not be able to continue to hold your bitcoin. you would follow the stream to panic and sell

TheDreadPirateDickstein

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At this point, I'd say I told you so

Supercrypt

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Quote from: jossiel on April 28, 2016, 03:24:53 AM

Quote from: n0ne on April 28, 2016, 02:03:22 AM

Quote from: richjohn on April 27, 2016, 09:49:26 PM

I have nothing to do but to stop using bitcoin since I did not even invest a single cent from real money. It is okay for me and I have nothing to do with it or I will still collect more hoping for a price back.

Every user who really know the true nature of bitcoin try to collect as much possible as quoted by the above mate. Bitcoin has grown to peak from $1. So in future if price falls to $1 surely increase will happen.

Definitely these statements were right. If bitcoin drops to $1 then probably it is the best time to purchase more btc because surely it will increase again.

If it did happen, the top-of-the-head answer by most people would be to go and panic-buy bitcoins. But with that in everyone's mind, the value of bitcoin staying at $1 would be impossible because of the skyrocketing demand. I'm not an economist but I somehow understand the supply and demand theory.

silentkiller

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If the price dropped to 1$ so be it.. It depend on us bitcoin lovers and earners who can dictate the price of bitcoin. But im pretty sure bitcoin will not go that price.

Doms

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Quote from: Mr. Big on April 28, 2016, 10:24:08 PM

Quote from: Barbut on April 28, 2016, 07:26:55 PM

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.

There's nothing certain about the future...Bitcoin might still reach that low, but if it is at that point already, we should have jump off the ship and stop the joy ride, it means, everybody is leaving bitcoin, that is the reason why price would drop...

That's right. Nobody could predict what's gonna happen 10, 15, 20 years from now. As to how low BTC price can go is as good as anyone's guess. So many factors could affect price movement and I'm sure there will be warning signs before something terribly happens.

Dr.Osh

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Quote from: Barbut on April 28, 2016, 07:26:55 PM

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.

I also can not imagine it happening. it was too awful.
to be honest, I was used to search bitcoin, and bitcoin sell, if the price dropped to $ 1, all the plans that kususun to date will be destroyed

Mr. Big

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Quote from: Barbut on April 28, 2016, 07:26:55 PM

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.

There's nothing certain about the future...Bitcoin might still reach that low, but if it is at that point already, we should have jump off the ship and stop the joy ride, it means, everybody is leaving bitcoin, that is the reason why price would drop...

Topic: If bitcoin dropped to $1, what you do? - page 91. (Read 98181 times)