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Topic: The question is not what will you do if BTC hits $10 (Read 1965 times)

sr. member
Activity: 294
Merit: 250
★YoBit.Net★ 350+ Coins Exchange & Dice
If BTC hits $10 I would give up on it because I doubt it could recover from such a big drop.

I think you will miss the chance of your life if you don't buy at $10

I would buy directly if it hit $300 let alone $10  Cheesy
it is asecond chance and perhaps final if it hit 10 $ ..for those who miss 2011
legendary
Activity: 2170
Merit: 1427
If BTC hits $10 I would give up on it because I doubt it could recover from such a big drop.

I think you will miss the chance of your life if you don't buy at $10

I would buy directly if it hit $300 let alone $10  Cheesy
Q7
sr. member
Activity: 448
Merit: 250
What mechanism would make it go to 800 in an hour?

I think it is very much possible especially if you have bunch of shorters that heavily leveraged their position betting against increase and a decent movement maybe $100 can easily trigger chain of events that could crash through all the stop-loss orders. I don't think many of these investors are really prepared for that situation. It's same thing like what we can see when the yen gained against us dollar in 2009
legendary
Activity: 1778
Merit: 1043
#Free market
if the BTC drops to  $10 I will buy for sure a lot of bitcoin , and I'm not kidding. I believe in the new cryptocurrency , the fiat money has  failed.
hero member
Activity: 672
Merit: 502
I don't think it will drop that low but even if it goes below say $300 (I hope it doesn't) but if it does I think it would be a good time to buy and you're right one needs to be prepared for it will be a very small window to get in.
full member
Activity: 126
Merit: 100
the heavily leveraged shorters that stand to go bankrupt.

Never gamble more than you can afford to lose.

http://www.gamblersanonymous.org/ga/

Bitcoin could go to zero or $100k I would never be under water.

Me neither, but I don't gamble on margin. From your comments I figured you don't either.

I was directing my post at the margin gamblers.

I learned about margin gambling during my days at Goodwin Harris & Co., members of the Toronto Stock Exchange as it was called in those days (1968).

You work in a carnival, you get to see how the carnies shake down the rubes.

Actually margin shorting is awesome! You should have been doing it with me at least the last six months!!! BIG $$$  While you bagholders keep buying every drop!
Keeping buying! Thank you so much for keeping you money in this bitcoin scheme for longer so I can keep cashing out every week  Kiss

The question is are you prepared for if it hits $800 in an hour?


When the price hits my alarms I will calmly log in to Circle and buy a large quantity of BTC (in either direction). Otherwise it is accumulation time!

You are not the person I am asking the question to.. it is the heavily leveraged shorters that stand to go bankrupt if this happens.

Those maniac shorters will be out of business and will rue the day they ever heard of bitcoin.

Actually that is impossible since initial investment has been withdrawn already & I continue to withdraw ROI every week... Moved my miner to a free electricity house & even that is still profitable thanks to people dropping out! Difficulty should probably keep going lower too & it'll be more profit for dumping mega farms who will overclock  Cheesy

If BTC hits $10 I would give up on it because I doubt it could recover from such a big drop.

I"m thrilled so many people think this, even the die hards because it just means that there's might be a second chance for the real believers to get back into Bitcoin (without throwing retarded amounts of money at it).

Yea & lose all your money on the next pump... smart man!  Roll Eyes
sr. member
Activity: 404
Merit: 253
If BTC hits $10 I would give up on it because I doubt it could recover from such a big drop.

I"m thrilled so many people think this, even the die hards because it just means that there's might be a second chance for the real believers to get back into Bitcoin (without throwing retarded amounts of money at it).
sr. member
Activity: 318
Merit: 250
If BTC hits $10 I would give up on it because I doubt it could recover from such a big drop.
legendary
Activity: 1582
Merit: 1064
The question is are you prepared for if it hits $800 in an hour?


When the price hits my alarms I will calmly log in to Circle and buy a large quantity of BTC (in either direction). Otherwise it is accumulation time!

You are not the person I am asking the question to.. it is the heavily leveraged shorters that stand to go bankrupt if this happens.

Those maniac shorters will be out of business and will rue the day they ever heard of bitcoin.
full member
Activity: 238
Merit: 100
www.secondstrade.com - 190% return Binary option
800$? not this year!
what about 80$? Grin
It doesn't look like it will drop to that low price. Lately, a lot of new retailers are accepting bitcoins, including Microsoft and Pokerstars, and would only make it more used by people, and hopefully a driver for prices to go up.
member
Activity: 83
Merit: 10
Who's gonna pump to 800$ in an hour and then sustain that price against all the bagholders that are only waiting for that to happen? Batman?

I think all the assholes who bought at 800$ have sold a very long time ago. If that wasn't the case then we wouldn't be at 340$ right now

and someone needs to explain this 5x pump theory to me. just because the market cap is 5 Billion the price will "pump" out of the blue, as if the market cap hasn't been 5 billion for several weeks now?

hero member
Activity: 742
Merit: 500
800$? not this year!
what about 80$? Grin
hero member
Activity: 521
Merit: 500
The question is are you prepared for if it hits $800 in an hour?


I am and if it hits 800 I am going to sell all my BTCs as fast as possible.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
Who's gonna pump to 800$ in an hour and then sustain that price against all the bagholders that are only waiting for that to happen? Batman?
legendary
Activity: 2170
Merit: 1427
I always benefit because I already have enough coins to be satisfied if price goes up quite a bit.

If price goes down a lot I benefit as well, because I can buy many more  Cheesy
sr. member
Activity: 317
Merit: 252
When the price hits my alarms I will calmly log in to Circle and buy a large quantity of BTC (in either direction). Otherwise it is accumulation time!

You either buy, buy, or buy? Do you buy different quantities at different points? (Serious question.)
legendary
Activity: 1722
Merit: 1000
The question is are you prepared for if it hits $800 in an hour?


The question is  are you prepared for The End Times, my child!  May we come in?



LMAO.  Not sure why I found this so funny but I did.
member
Activity: 69
Merit: 10
The question is are you prepared for if it hits $800 in an hour?


The question is  are you prepared for The End Times, my child!  May we come in?

legendary
Activity: 3248
Merit: 1070
bitcoin is a win win situation, if it go lowe you will just buy more, if it go up, well you know...

bitcoin isn't dead until it reach zero and stay at zero forever
legendary
Activity: 1218
Merit: 1003
Leveraging with bitcoin is so risky, people who do it must be mad.
To answer your question, I would just sit back and enjoy!
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