Author

Topic: WHAT WILL HAPPEN WHEN 1BTC=1$ ? (Read 1986 times)

legendary
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
November 05, 2014, 11:47:27 AM
#41
price will increase for no reason x100 in the next coming year.

And you're basing this on what exactly? Or are you being sarcastic?  Cool
full member
Activity: 168
Merit: 100
November 05, 2014, 11:42:29 AM
#40
price will increase for no reason x100 in the next coming year.
sr. member
Activity: 476
Merit: 501
November 05, 2014, 10:05:15 AM
#39
I'll play devil's advocate here. So everyone is saying that it won't happen, but so far no one has really said why they think it won't happen. Basically that just means that everyone is saying, "It won't happen because I don't want it to happen." I'm sure Americans in pre-1913 United States were saying things like, "There's no way the U.S. dollar will ever be a debt-laden, worthless piece of paper." But it is.

I'm not saying that I want it to happen. I'm not heavily invested in BTC because I got into it far too late in the game when it was, and still is, too expensive for a working-class guy such as myself to buy into. So I wouldn't lose or benefit in any way regardless. Just curious what the reasons are people think it will never drop to $1.00 is all.

The mining cost is way more than $1/coin.
As satoshi said: the price of any commodity tends to gratitaty towards the production cost.
legendary
Activity: 1148
Merit: 1001
Official Zeitcoin community ambassador
November 05, 2014, 10:01:12 AM
#38
I'll play devil's advocate here. So everyone is saying that it won't happen, but so far no one has really said why they think it won't happen. Basically that just means that everyone is saying, "It won't happen because I don't want it to happen." I'm sure Americans in pre-1913 United States were saying things like, "There's no way the U.S. dollar will ever be a debt-laden, worthless piece of paper." But it is.

I'm not saying that I want it to happen. I'm not heavily invested in BTC because I got into it far too late in the game when it was, and still is, too expensive for a working-class guy such as myself to buy into. So I wouldn't lose or benefit in any way regardless. Just curious what the reasons are people think it will never drop to $1.00 is all.
sr. member
Activity: 476
Merit: 501
November 05, 2014, 09:35:49 AM
#37
Some people would need to find a job or some productive way to earn money.

I see suicide and depression all around the forum
legendary
Activity: 1554
Merit: 1054
November 05, 2014, 09:31:44 AM
#36
you should be always positive
and think about 1BTC = 1000$
not about 1BTC = 1$
full member
Activity: 126
Merit: 100
November 05, 2014, 09:27:53 AM
#35
That will be the end for many users it will leave many people numb but i don't think it's ever gonna happen
member
Activity: 71
Merit: 10
November 05, 2014, 09:24:57 AM
#34
I think people would think that there's some sort of exploit to get free Bitcoins and a lot would lose faith in the currency. Hopefully it's never $1 again!
member
Activity: 86
Merit: 10
November 05, 2014, 07:30:42 AM
#33
It will not reach $1. It will surely vanish before it will reach that value.
sr. member
Activity: 410
Merit: 250
November 05, 2014, 06:50:12 AM
#32
[HOT] WHAT WILL HAPPEN WHEN 1BTC=1$ ?

Lets think !

Post your thoughts
nothing
bcoz it won't happen ever
bitcoin's future is bright so you should ask something like this
what will happen when 1BTC = 10000$
newbie
Activity: 15
Merit: 0
November 05, 2014, 06:39:23 AM
#31
I will buy more BTC for sure
newbie
Activity: 4
Merit: 0
November 05, 2014, 05:44:10 AM
#30
Maybe protests, people would kill themselves because Ive seen people investing all their money (savings) into bitcoins. and there will be rush buying of bitcoins.
newbie
Activity: 20
Merit: 0
November 05, 2014, 04:20:43 AM
#29
never
newbie
Activity: 1
Merit: 0
November 05, 2014, 03:23:33 AM
#28
[HOT] WHAT WILL HAPPEN WHEN 1BTC=1$ ?

Lets think !

Post your thoughts
LOl i dont think btc will be at 1$ for at least some years just my guess though
hero member
Activity: 616
Merit: 500
November 05, 2014, 03:19:50 AM
#27
Hmm Greenspan calls QE a failure.

That guy still around ? Must be about 130 years old ??!

who are u talking abt ?

Joshua W. Greenspan, the famous Hollywood comedian. Surely you´ve heard of him.
member
Activity: 98
Merit: 10
Accepting stellars, paypal ( got a way to handle )
November 05, 2014, 02:52:51 AM
#26
Hmm Greenspan calls QE a failure.

That guy still around ? Must be about 130 years old ??!

who are u talking abt ?
hero member
Activity: 686
Merit: 500
fb.com/Bitky.shop | Bitcoin Merch!Premium Quality!
November 05, 2014, 02:46:14 AM
#25
I will buy soooo muucchhhh BTC Grin
hero member
Activity: 616
Merit: 500
November 05, 2014, 02:42:10 AM
#24
Every time I see a seven+ digit number in any of my accounts
I think fondly of my millionaire inheritors.

legendary
Activity: 3038
Merit: 1032
RIP Mommy
November 05, 2014, 02:33:13 AM
#23
People will finally start using it as a currency, and stop hoarding it. Smiley

Spend it at a $1249 loss? No thanks.
hero member
Activity: 546
Merit: 500
November 05, 2014, 02:29:24 AM
#22
People will finally start using it as a currency, and stop hoarding it. Smiley
member
Activity: 154
Merit: 10
November 05, 2014, 02:15:35 AM
#21
I will very happy when I can re-buy many BTC I've just sold.
newbie
Activity: 1
Merit: 0
November 05, 2014, 02:11:11 AM
#20
IMHO I don't think that will happen (and majority of people posting in a bitcoin forum don't believe that too).
But BTC really reaches 1$ of course it wouldn't be nice for those who invested thousands of dollars in bitcoin.
hero member
Activity: 616
Merit: 500
November 05, 2014, 01:45:18 AM
#19
Hmm Greenspan calls QE a failure.

That guy still around ? Must be about 130 years old ??!
hero member
Activity: 840
Merit: 524
Yes!
November 05, 2014, 01:18:29 AM
#18
1BTC = 1$

Come on, a dollar can't get that valuable...  Grin

Good one. Smiley

It can happen only if dollar appreciates.
When you can buy an airplane for $1...
hero member
Activity: 616
Merit: 500
November 05, 2014, 01:03:39 AM
#17
Not much would happen. A TON however would happen at 250, 150 and 50.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
November 05, 2014, 01:02:38 AM
#16
Many people lined up to jump out the office windows.
Me, i will be buying 100 btc just in case it goes up again.
legendary
Activity: 3038
Merit: 1032
RIP Mommy
November 05, 2014, 12:54:30 AM
#15
Ten thousand bitcoiners will each buy and hold BTC1000 and the markets will continue to be manipulated down to USD $0.01 per BTC.
newbie
Activity: 170
Merit: 0
November 05, 2014, 12:45:26 AM
#14
It would make many investors suicide as a result of getting bankrupt or losing all their hard earned money.
full member
Activity: 238
Merit: 100
November 04, 2014, 11:43:10 PM
#13
1BTC = 1$

Come on, a dollar can't get that valuable...  Grin
hero member
Activity: 518
Merit: 500
November 04, 2014, 01:45:41 PM
#12
Mining companies like KNC, Cointerra and Bitmain will go bankrupt probably because of rising electricity costs. Mining only 100 bitcoins a day would only be 100 bucks compared to their electricity prices in the sub 10k per day prices. Also all of the mining equipment will go to shit and the difficulty will drop a lot. Of course, there will be hopefuls who will start mining it at the low difficulty, but not competitively.

100 bitcoins a day? that's galactic

I've said this because the difficulty would drop like a rock due to low prices of Bitcoin making it unprofitable for miners. This is the reason you could mine even 100 an hour (like Vod said from back in the old days).
sr. member
Activity: 354
Merit: 250
November 04, 2014, 01:33:29 PM
#11
BTC users will lost thousand of $,
I hope the price rise the next year, btc needs halving soon
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
November 04, 2014, 01:30:18 PM
#10
Mining companies like KNC, Cointerra and Bitmain will go bankrupt probably because of rising electricity costs. Mining only 100 bitcoins a day would only be 100 bucks compared to their electricity prices in the sub 10k per day prices. Also all of the mining equipment will go to shit and the difficulty will drop a lot. Of course, there will be hopefuls who will start mining it at the low difficulty, but not competitively.

100 bitcoins a day? that's galactic

I remember the day you could make 100 bitcoins in an hour.   Undecided
copper member
Activity: 924
Merit: 1007
hee-ho.
November 04, 2014, 01:16:05 PM
#9
Mining companies like KNC, Cointerra and Bitmain will go bankrupt probably because of rising electricity costs. Mining only 100 bitcoins a day would only be 100 bucks compared to their electricity prices in the sub 10k per day prices. Also all of the mining equipment will go to shit and the difficulty will drop a lot. Of course, there will be hopefuls who will start mining it at the low difficulty, but not competitively.

100 bitcoins a day? that's galactic
hero member
Activity: 518
Merit: 500
November 04, 2014, 01:12:19 PM
#8
Mining companies like KNC, Cointerra and Bitmain will go bankrupt probably because of rising electricity costs. Mining only 100 bitcoins a day would only be 100 bucks compared to their electricity prices in the sub 10k per day prices. Also all of the mining equipment will go to shit and the difficulty will drop a lot. Of course, there will be hopefuls who will start mining it at the low difficulty, but not competitively.
o_o
full member
Activity: 132
Merit: 100
November 04, 2014, 01:12:13 PM
#7
There will be a couples of suicides,murders and blasphemies without any ends  Grin Grin Grin. But I don't believe that this scenario will happen, there are much interest under bitcoin.
copper member
Activity: 924
Merit: 1007
hee-ho.
November 04, 2014, 01:11:31 PM
#6
a LOT of people will be very unhappy.
but on the bright side, there will be no more silkroad (and some sites like that). and I can buy a lot of BTC and pray that the price will rise again  Grin
full member
Activity: 197
Merit: 100
November 04, 2014, 01:03:01 PM
#5
I be happy no more altcoins just Bitcoins.
member
Activity: 98
Merit: 10
Accepting stellars, paypal ( got a way to handle )
November 04, 2014, 11:58:05 AM
#4
lolz, bitcoin trading sites will crash, everyone will want to exchange with another coins !!!
member
Activity: 112
Merit: 10
November 04, 2014, 11:44:17 AM
#3
[HOT] WHAT WILL HAPPEN WHEN 1BTC=1$ ?

Lets think !

Post your thoughts

There might be a couple suicides I would guess.  Dropping from $1,200 to $1 is a large financial hit even if you own only one bitcoin.

(You might want to lock the duplicate thread)

And I might be the one in them. Op you could have said when it dies i mean come on 1$
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
November 04, 2014, 11:41:25 AM
#2
[HOT] WHAT WILL HAPPEN WHEN 1BTC=1$ ?

Lets think !

Post your thoughts

There might be a couple suicides I would guess.  Dropping from $1,200 to $1 is a large financial hit even if you own only one bitcoin.

(You might want to lock the duplicate thread)
member
Activity: 98
Merit: 10
Accepting stellars, paypal ( got a way to handle )
November 04, 2014, 11:40:36 AM
#1
[HOT] WHAT WILL HAPPEN WHEN 1BTC=1$ ?

Lets think !

Post your thoughts
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