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Topic: If Bitcoin price would fall to the bottom, what would you do next? - page 22. (Read 15761 times)

hero member
Activity: 770
Merit: 500
I'll stop trading my Bitcoins with altcoins and also I'll try to buy few Bitcoin and hold it for the price increase. And even if Bitcoin rate is stable at that low price, I'll not get much loss.
legendary
Activity: 924
Merit: 1002
If Bitcoin price will fall down like $10 then I will probably buy some. I will see that as some opportunity to have good profit later when price will grow again and last, but not least to support Bitcoin.
Bitcoin price is important but most important is if Bitcoin will exist and will be used.
legendary
Activity: 1036
Merit: 1002
If it will happen maybe more investors will be lose in this case i think better tobuy some ethereum maybe they will convert into ethereum.. i don't beleive in ethereum but just incase if it will happen..

Yes if they sell their bitcoin in low price but if they hold it and wait it again to rise.they didnt lose their bitcoin. Thats good idea but it is like bitcoin but bitcoin is the best than ethereum. If the bitcoin price will fall on the bottom many of traders will gained more bitcoin at lowa price they can earn more in the nest price rise so it is good to bitcoin to fall  down many will gained profit on it.
legendary
Activity: 1274
Merit: 1001
As people mostly will abondon bitcoin once it reach bottom since it become unworth anymore to be an investment option
If this happen now, I think I will lost my half soul since I've invest bitcoin for my future need
hero member
Activity: 770
Merit: 500
Bazinga!
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
What bottom are you talking about? You mean situation when BTC price will reach $1 or situation where we will see decline of price back to $300 or something?
As for total bottom I don't think it will ever happen so we don't need to worry.
Crash like that would require gathering of massive anti bitcoin forces, like banks, governments and companies all working together to destroy BTC.


A horror scenario like $40 or something... yeah.

you can't just make up a scenario for yourself out of nowhere! this kind of topics aren't really contributing to anything at all, it is just a troll thing to do when you say if .... happens what will you do!

for example why would price fall down to $40?
do you even realize how much of market cap are you talking about?
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
You also have to realize one major fact. Bitcoin is like the benchmark for ALL existing cryptocurrencies, a prime example of digital money of new era.
Any scenario when bitcoin will fall is totally unfavorable to EVERY other cryptocurrency. It will shake people trust for whole crypto market.

Because if the king has fallen then XX altcoin is even most likely to fall as well.
legendary
Activity: 1526
Merit: 1179
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.
legendary
Activity: 1554
Merit: 1014
Can you explain in detail falls down on the price range? bitcoin already suffered several falls lower. I've done as usual and I usually prefer to buy.
legendary
Activity: 2030
Merit: 1030
Privacy is always important
If it will happen maybe more investors will be lose in this case i think better tobuy some ethereum maybe they will convert into ethereum.. i don't beleive in ethereum but just incase if it will happen..
hero member
Activity: 602
Merit: 508
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
What bottom are you talking about? You mean situation when BTC price will reach $1 or situation where we will see decline of price back to $300 or something?
As for total bottom I don't think it will ever happen so we don't need to worry.
Crash like that would require gathering of massive anti bitcoin forces, like banks, governments and companies all working together to destroy BTC.


A horror scenario like $40 or something... yeah.
legendary
Activity: 3374
Merit: 1824
Personally, I don't think that something like this will ever happen.
If this really happen, well, life will not stop because of this.
I will forget about this story and move on, try with some other virtual currencies.
legendary
Activity: 2506
Merit: 1030
Twitter @realmicroguy
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

I think instead of waiting for that to happen, it would be best to diversify into alternative currencies now. While Bitcoin is THE blue-chip among cryptocurrencies (for now), there are dozens of rising stars to be found on the pink sheets.

Digital currency is the future - that is for certain. So spreading out your investment simply makes the most sense. Cool

~~
legendary
Activity: 1526
Merit: 1001
if bitcoin is in the lower rates then I would buy bitcoin in significant amounts. I'm sure someday bitcoin prices will go up at a fantastic price. I'll take that risk.
legendary
Activity: 4270
Merit: 4534
even if th price tanked hundreds of thousands of retailers would still accept it.
the only thing that would change is that bitpay would ask for 500btc for a $500 products instead of 1btc..

the price would regain. so basically id see it as a 99% discount day, id never sell at a loss but id definetly buy buy buy
and then let the price drama subside.

there is too much industry involved in bitcoin. this would make any price drama be only temporary, so if you see a price dump. grab the cheap coins while you have the chance
full member
Activity: 232
Merit: 105
Solarcoin.org
I will probably buy some cheap BTC - even if those coins don't rise again Cheesy Maybe one day I will tell stories about BTC to my grandchildren who knows  Cheesy Well that will be only the first move - the next one will be to pick another promising alt coin and still be part of the journey Cheesy Anyway I don't think such a scenario will occur to be honest...
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
There would have to be a catastrophy to make bitcoin bottom out, in which case the same would happen to the shitcoins too.  In fact they'd get hit first I would think.  I don't own a lot of bitcoins, so I'd be OK.  I would probably start gambling at prime dice or some such casino if they still existed.
sr. member
Activity: 313
Merit: 250
If Bitcoin had another catastrophic  collapse, then substitutes like Ethereum would be considered much more heavily.

Also it would hurt Cryptocurrency in general as people would not want to invest in them since they collapse easily.
hero member
Activity: 770
Merit: 500
Bazinga!
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

you have to first clarify what you mean by falling into a bottom and also what would be the reason for this fall?

depending on these two i can give a variety of answers.
but one thing is for sure, i will never look elsewhere to fill the place of bitcoin.
full member
Activity: 210
Merit: 100
I would buy a lot of BitCoin, because I believe strongly that it will go up to hundreds of $$ again.
sr. member
Activity: 462
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
i would definitely just buy even more bitcoins and wait for an increase to recover from all the losses
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