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Topic: If Bitcoin price would fall to the bottom, what would you do next? - page 21. (Read 15780 times)

full member
Activity: 196
Merit: 100
Bitkoin won the trust of many people, and I doubt that it will fall to the bottom.
Yet, if this happens suddenly, then I think enthusiasts, developers will create something like Bitcoin 2.0 or Bitcoin resurrect the past, as we got used to it. I mean, seeing the price had fallen, people will buy his excitement, while its price is so low. And thus the price will increase again.
legendary
Activity: 3234
Merit: 1214
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I'd continue using and supporting Bitcoin if the system itself was still working correctly.

The same here. In my opinion it won't happen but at times if it goes down I won't quit or give hope. Certainly try to buy as much possible with the hope that price increases.
hero member
Activity: 630
Merit: 500
I'd continue using and supporting Bitcoin if the system itself was still working correctly.
full member
Activity: 126
Merit: 100
Well if bitcoin prie would suddenly fall to the bottom, ill start using faucets because if the price would fall that means it will be back to the time when faucets give 1BTC to their users as payment  Grin I will do it and still believe that bitcoin will rise up to the value again.  Grin
hero member
Activity: 938
Merit: 576
For my part, if the price really goes down, I will continue to use Bitcoin, but I will try to find the cause of the fall and if the value of the currency will rise or not.
hero member
Activity: 826
Merit: 1000
I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

The only way I can see of the price falling to the bottom as you put it would be because it was broken. I would hedge my bets and be in multiple other potential coins, I have my eye on some and if the money went somewhere else and my investment was gone I would just move on with my work in real life and leave crypto totally. What would you do if you had time to move you money out of BTC at the right time?
hero member
Activity: 602
Merit: 500
I can't understant how much is bottom, if it's $1 i think that is really problem Grin if it's around 300-400$ i think i will countiniue using bitcoin anyway.

With bitcoin you cannot assume that it will always keep on rising. At times it will fall also and that is the best time for buyers to buy the coins. The good thing about the coin is that it always come back and rise so it gives investors opportunity to earn if they have good know how of trading.
Making right decision at the right time is the key to success here.
sr. member
Activity: 266
Merit: 250
I think its impossible to happen that they will convert to another or the price will down..bitcoins is already adopted by many people just like brazil many stores are accepting bitcoins right now so its impossible that bitcoin will convert to other..
newbie
Activity: 1
Merit: 0
Hi guys ,

New to the forum, just asking, how do you analyze bitcoin price, have been watching one channel for past week and it says the support level is at USD550/btc and the resistance levek is at USD580, previous 2 forecast was right , at break resistance of USD450 and USD500, now the channel says if breaks USD580, next resistance is USD750. Is it possible? Here's the link

www.youtube.com/channel/UC4Xx6L9A2FSaNfGwyV7vDmg

For me if btc price falls to bottom, wait until the last bottom price and buy back btc
sr. member
Activity: 434
Merit: 251
I can't understant how much is bottom, if it's $1 i think that is really problem Grin if it's around 300-400$ i think i will countiniue using bitcoin anyway.
hero member
Activity: 770
Merit: 500
I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

the bitcoin price will fall to bottom only if people jump to another cryptocurrency or if they leave the game completely, so don't think about these cases bitcoin will be No.1 forever
well yeah it most probably will be number one currency in the world though there might be better cryptos creating so that means theres a threat for bitcoin that it might get replaced

if bitcoin would fall to the bottom i would just buy even more bitcoins then because i think that the price would go significantly up after that big drop though i doubt there will be a drop
hero member
Activity: 644
Merit: 500
I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

the bitcoin price will fall to bottom only if people jump to another cryptocurrency or if they leave the game completely, so don't think about these cases bitcoin will be No.1 forever
hero member
Activity: 1148
Merit: 527
I will use that opportunity to buy myself a huge load of more Bitcoins.

I will not jump into other currencies as I support Bitcoin till the end as there are only two outcomes possible.

1- Bitcoin will reach very high levels. 2- Bitcoin will end up being worthless.
Every true bitcoin user would support bitcoins even in its bad days. When we can see a rise from 2013 till today, we need to support it even if it drops again. It will never reach $1 but it could possibly reach $100 if it is banned in more countries.
legendary
Activity: 2604
Merit: 1036
If the Bitcoin price falls down to double digits I would probably stop hoarding Bitcoin as a store of value. I don't know what will happen to the other alt coins but I think their value is tied to Bitcoin somehow so maybe they will be affected in a negative way as well. But I hope the online retailers will continue to accept Bitcoin as a method of payment as I would be using the crypto coin as a digital currency exclusively. But if Bitcoin support is dropped by the retailers I would just exit the crypto coins scene for good.
hero member
Activity: 1092
Merit: 523
Well I'm actually mildly confused of what you meant by bitcoin price falling to the "bottom" because I do not exactly know what value that is, but let's assume that bitcoin does indeed fall dramatically.
I would not actually try to shift-out and use a different coin just yet, in fact, I may actually see that as an opportunity to buy bitcoins at really cheap price.
sr. member
Activity: 448
Merit: 250
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i would just top up my bitcoins and wait patiently, after some time i would make huge profit
legendary
Activity: 2632
Merit: 1094
I would hold all my coins and not sell any. I don't want it to happen ever and so many users here (including me) have invested their time, money and effort using this currency and it's not only the price that would affect their financial status but we all are quite attached to this currency. I know that it may fall if something major happens but hopefully it never happens.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
I will never get out of bitcoin completely i may sell when price start to fall un naturally to get some fiat and buy whatever bitcoin i can buy at the bottom price with that fiat.
hero member
Activity: 602
Merit: 508
When the bitcoin price starts to fall, I will buy Etheruem using the bitcoin. When it drops to $10, I will buy it again.

I love Ethereum, I advise you to buy some now too Smiley
newbie
Activity: 15
Merit: 0
When the bitcoin price starts to fall, I will buy Etheruem using the bitcoin. When it drops to $10, I will buy it again.
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