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Topic: What will happen if Bitcoin reach 1 USD exchange rate? - page 3. (Read 4532 times)

legendary
Activity: 3976
Merit: 1421
Life, Love and Laughter...
What do you think will happen if Bitcoin reach 1 USD exchange rate? Will there be more people joining in to get some cheap Bitcoin? Or will they be a big dump and drop in volume? I personally think that if one day Bitcoin reach 1 USD per Bitcoin it will be the headlines on many newspaper. It will attract lot of attention and more people will buy Bitcoin online while it's cheap.

lol k
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
I will buy 10K and get into top 100  Grin

There were many such "$1" posts during past several years, just search them out and browse

What will happen if USD reach 1 satoshi exchange rate?

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
If it hits $1 then there's no particular reason why it shouldn't hit 1 cent either. That price level would mean it was over and any trading taking place would be for purely nostalgic reasons between the faithful.

If it has no demand and no utility or it's fatally compromised then even a $15-20 million market cap seems like too much to me.
hero member
Activity: 784
Merit: 500
maybe its impossible, but if its happen,
of course many people will buy bitcoin, because of market demand, the price of the bitcoin will go up again  Grin
it can be possible only when internet is comletely gone or banned worldwide .there will be only 21 m bitcoins and so ther will be no such a deflation.
legendary
Activity: 1022
Merit: 1000
If bitcoin goes back to 1 USD it will mean something is very very wrong and people probably wont want anything to do with bitcoin.  Even though the market for bitcoin is thin, to go all the way back to 1 USD suggests it is broken.

I don't think it will happen, otherwise I'd sell all my bitcoin today.
legendary
Activity: 1316
Merit: 1481
This will never happen. It's really unlikely BTC will go to 1 USD.

It will be dead long before.

Under 100 $ we will be at war and people will start buying insanely
hero member
Activity: 1395
Merit: 505
It could certainly go back to $1 but it will take awhile.

In the near term, too many investors have too much committed to let it go that low. They will throw good money after bad to prop it up. Example - many who bought near $1000 per coin have been scarfing it up all the way down to try to reduce their average cost of entry.
hero member
Activity: 576
Merit: 503
i have read somewhere that quantum computers/computing will definitely crush crypto world..
who knows what value will be then..

You've been reading crap then.
Some of the crypto in use now would be 'crushed', most would not.
Much would be weakened, and the key sizes would need to be increased.
It's believed that hashes, for example, would be hardly affected.

Bottom line: There are plenty of unaffected crypto schemes that can be used to replace the broken ones.
member
Activity: 118
Merit: 100
A Programmer
i have read somewhere that quantum computers/computing will definitely crush crypto world..
who knows what value will be then..
i am on bitcoin because there is so much invention arround the blockchain technology, and by keeping my interest on bitcoin, i could follow them through
inventions are very beautiful..
hero member
Activity: 770
Merit: 509
It's pretty damn impossible at  this point. Way before we go anywhere near to 1 USD, people will buy millions worth of BTC, so forget about such low price. Also speculation subforum.
member
Activity: 98
Merit: 10
maybe I'll stop looking bitcoin, and began looking for the dollar
sr. member
Activity: 462
Merit: 250
www.AntiBitcoinTalk.com
price of bitcoin wil never drop to $1
if the price is $1 no one will mine bitcoin..
price need always to get higher for the miners..
member
Activity: 112
Merit: 10
Crypto-Games.net: DICE and SLOT
A lot of people would buy up a ton before it hits $1, which would at the very least probably keep it in the high double digits. Unless there is some security issue with the actual code/network, you're always going to have the hard core holders that will keep up the value.
legendary
Activity: 2044
Merit: 1008
The chance is more for btc to reach $1,000 than $1.
member
Activity: 112
Merit: 10
I am still going to use, maybe someday the price will go up  Grin
hero member
Activity: 742
Merit: 500
as far as i know that it would never be happen because so many time,process,and big project has build for bitcoin therefore bitcoin is never reach 1 Usd exchange,just my opinion

but if it happened i would bought as much as i have
sr. member
Activity: 294
Merit: 250
maybe its impossible, but if its happen,
of course many people will buy bitcoin, because of market demand, the price of the bitcoin will go up again  Grin
full member
Activity: 199
Merit: 100
in the end, you only find the beginning
thats an easy question as im reading the replys in this thread, i will buy BTC like possessed xD

will be the perfect opportunity to buy it since im sure that after it, it will grow up a lot Wink
hero member
Activity: 546
Merit: 510
What do you think will happen if Bitcoin reach 1 USD exchange rate? Will there be more people joining in to get some cheap Bitcoin? Or will they be a big dump and drop in volume? I personally think that if one day Bitcoin reach 1 USD per Bitcoin it will be the headlines on many newspaper. It will attract lot of attention and more people will buy Bitcoin online while it's cheap.

There will be massive buys. Very sure of this. At least I would pick up 1000 BTC right there. Honestly I would proberly have picked up 500 BTC when the price was $2  Grin I think everything under $100 is a very good price for bitcoin.
legendary
Activity: 2674
Merit: 2965
Terminated.
People really need to chill with the worst case scenarios. There are a lot of things that could happen that would make Bitcoin or any money in fact, irrelevant and worth nothing. Bitcoin works and will work, be it at $1000 or $1.

You can cut loses right now, I will buy all of your coins right now at 1 BTC = $2. Buying up to 10M coins.
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