Topic: the great drop in price "What if?" (Read 1782 times)
For sure if bitcoin price drop at 300 dollars for sure many people buy bitcoin and for sure bitcoin will recover again fastly because many people buy a lot of bitcoin . But we dont know what exact happen if the price continue to decrease or bitcoin will gone or bitcoin will increase again. But as of now the price of bitcoin is very high and it will not happen happen this year.
Don't waste time on what if questions. There is enough information out there to gather a good idea of what will happen in the future in any given field, 5 or 10 years down the line. We don't need to ask silly questions about things which are almost certainly never going to happen. "What if Bitcoin fails tomorrow?" "What if Bitcoin is going down to $300?" all of these are pointless questions as there is a 99.999% chance they will not happen.
If Bitcoin price drop to $ 300 for some reason tomorrow i think that buying one would be great idea. For sure in that case Bitcoin wont again come back to 4000 $ but 2000 $ seems like target in the range. The impact to the further development would be really negative. Some markets could close gates, some miners would stop mine. It would be temporary but every such situtation albeit slightly appeal to Bitcoin community and its perception.
Now in my opinion we should think what would cause such a situation and how to cure it?
Now in my opinion we should think what would cause such a situation and how to cure it?
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
I would say that it will be still able to recover BUT it will be surely hard. A market value of 300$ was its market price 5 or 6 years before. And I'd say that it will take Bitcoin more years to recover because they'll surely lose most of their investors. The light of Bitcoin will be dimmed because that will be a major downfall thinking of a price drop from 4000 to 300 and obviously it will negatively affect the future of Bitcoin.I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
I would say that it will be still able to recover BUT it will be surely hard. A market value of 300$ was its market price 5 or 6 years before. And I'd say that it will take Bitcoin more years to recover because they'll surely lose most of their investors. The light of Bitcoin will be dimmed because that will be a major downfall thinking of a price drop from 4000 to 300 and obviously it will negatively affect the future of Bitcoin. I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
It is very difficult in our time to reduce the price of bitcoin to $ 300. If hypothetically to assume that I think it would provoke enormous panic and whales earn huge amount of money on it. I am sure that many people will not withstand such a test and sell their savings.
It already costs a lot more money to "create" a Bitcoin.
Something really major has to happen in order for us to see 300.
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
If it happens, panic buying of course. People will not sleep or tomorrow it might rise up again. I will definitely spend in buying bitcoins my hard earned money if incase it will drop to $300 but i know it is not going to happen. I know it has gone ups and down but it has gone too far already to come back to that amount. I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
If it hapens, i will make a loan and buy bitcoins. I dont think it will make dramatic drop in price after all these years. I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
If it happens, panic buying of course. People will not sleep or tomorrow it might rise up again. I will definitely spend in buying bitcoins my hard earned money if incase it will drop to $300 but i know it is not going to happen. I know it has gone ups and down but it has gone too far already to come back to that amount. I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
It is very difficult in our time to reduce the price of bitcoin to $ 300. If hypothetically to assume that I think it would provoke enormous panic and whales earn huge amount of money on it. I am sure that many people will not withstand such a test and sell their savings.
It already costs a lot more money to "create" a Bitcoin.
Something really major has to happen in order for us to see 300.
It is very difficult in our time to reduce the price of bitcoin to $ 300. If hypothetically to assume that I think it would provoke enormous panic and whales earn huge amount of money on it. I am sure that many people will not withstand such a test and sell their savings.
It already costs a lot more money to "create" a Bitcoin.
Something really major has to happen in order for us to see 300.
If bitcoin price drops to 300 dollars. All weak hands will sell tberefore alot of whales will be happy for it. Strong hands will remain and not be shaken.
If the bitcoin drops in 300 dollar i think that is the right time for me to buy a bitcoin, and hold it, i believe that someday bitcoin will rise again and i hope that time is i already had many bitcoin in my wallet.
It is very difficult in our time to reduce the price of bitcoin to $ 300. If hypothetically to assume that I think it would provoke enormous panic and whales earn huge amount of money on it. I am sure that many people will not withstand such a test and sell their savings.
That is a scenario to hold Bitcoin in a long term, maybe need to spend few years to wait the price of Bitcoin recover. Of course, in someday that scenario will happen, but I do not hope it happening now 
I agree even though bitcoin has declined in price but it seems to drop to the $ 300 price it seems unlikely because currently the bitcoin market is so huge and so popular in many countries.
And the fact is now bitcoin prices began to increase after yesterday had dropped drastically and is now beginning to increase so as to reach $ 3800- $ 4000.
And the fact is now bitcoin prices began to increase after yesterday had dropped drastically and is now beginning to increase so as to reach $ 3800- $ 4000.
It is very difficult in our time to reduce the price of bitcoin to $ 300. If hypothetically to assume that I think it would provoke enormous panic and whales earn huge amount of money on it. I am sure that many people will not withstand such a test and sell their savings.
If bitcoins price goes down back to $300 then all other coins go down with it for sure. Remember all of these altcoins and tokens were created because of bitcoin. Some does not agree with what I have to say but it's the hard truth. If ever that will happen though, I think bitcoin will try to recover back for sure. And I think this case has happened before when bitcoin was at its peak and suddenly dropped its price down but soon recovered back. Though it does take time but it will.
Altcoins are not just being created because of bitcoin but somehow they do create another coin who would able to follow the path of it which means they do have different motives which we can say that they are not really dependent on each other but some altcoins do correlated its price on bitcoin itself on where when its price do dip it also dips but some coins havent any affect at all and talking if the price of bitcoin would go back on $300 then where those funds go? for sure it would be on another altcoin which would be the next candidate to take its spot because if we do talk on going back on that price we can say that interest on bitcoin itself have decreased already.
Bitcoin will not go down to 300$, because the Bitcoin market is too large and everyday more than 200 000 people use Bitcoin. Right now Bitcoin price is ~ 3860 USD - http://preev.com/. In medium - long term Bitcoin price will go up due to growing market and mining difficulty. The most real BTC price is 5000 USD.
If bitcoins price goes down back to $300 then all other coins go down with it for sure. Remember all of these altcoins and tokens were created because of bitcoin. Some does not agree with what I have to say but it's the hard truth. If ever that will happen though, I think bitcoin will try to recover back for sure. And I think this case has happened before when bitcoin was at its peak and suddenly dropped its price down but soon recovered back. Though it does take time but it will.
Let's say that the bitcoin price drops to 300$ for some reason tomorrow. What would happen to the further development of bitcoin? Would that mean that the bitcoin may never recover due to lot's of businesses, that have implemented it, dropping out due the instability of it? What would that mean for you?
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
I'm interested in the events in case of btc price drops significantly and how would that effect the entire concept of bitcoin and crypto currencies.
Lets assume it will gonna happen someday, there will be a sign/news before it happen, maybe bitcoin nodes get cracked/hacked or something big like most countries ban bitcoin. I will sell all of my bitcoin immediately, waiting bitcoin drop to $300, and buy back as much as I've sold before. I believe bitcoin will rise again, even though it takes years, so I will be waiting, end of case.
It is very normal for bitcoin to sudden increase or decrease its value and if one day it goes to that very low amount I think for me it will only signal opportunities for investment and for sure I will acquire bitcoin and hold it for my long term investment. I believe after few more months bitcoin will have a good price again.
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