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Topic: What would you do if BTC fell to $100? (Read 1855 times)

legendary
Activity: 1176
Merit: 1010
Borsche
April 30, 2014, 01:22:35 PM
#34
if bitcoin goes below 100, most probably you should sell. if it goes to 300 though, buy as many as you can.
sr. member
Activity: 381
Merit: 266
April 30, 2014, 01:17:24 PM
#33
If it ever goes down to $10, it will probably mean that bitcoin is dead and will continue its way down to zero, so better sell.

In my point of view, the only possible way for this to happen is that a far better coin will have been invented.  But no bitcoin killer on the horizon yet.

legendary
Activity: 1722
Merit: 1000
April 30, 2014, 01:10:59 PM
#32
I'd buy 2 btc. 

.5 BTC at $300

1 At $200

2 at $100

4 at $50

100 at $10.


Here is to hoping I never see those buy targets.
legendary
Activity: 2179
Merit: 1201
April 30, 2014, 12:17:41 PM
#31
Take a loan and buy moar... It would last only seconds at $100 if it would ever go that deep...
legendary
Activity: 896
Merit: 1001
April 30, 2014, 12:13:48 PM
#30
I can answer definitively, because I remember when it fell to $100. I held.
sr. member
Activity: 644
Merit: 250
April 30, 2014, 11:55:32 AM
#29
Would buy 10 BTC
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
April 30, 2014, 11:52:29 AM
#28

for next few years  :p it can't end like this now..! the infrastructure around btc is developed too much to keep it alive ..!
legendary
Activity: 3512
Merit: 4557
April 30, 2014, 11:44:52 AM
#27
The first thing i do is looking for info why BTC is dropping to $100 before i buy ore not to buy.

sr. member
Activity: 429
Merit: 250
Pythagoras and Plato are my brothers.
April 30, 2014, 09:11:04 AM
#26
I dont think $100 could last long, so you need money at exchange already, so nothing for me.
legendary
Activity: 896
Merit: 1001
April 30, 2014, 09:06:21 AM
#25
I would put 2 months on my fiat income and buy as many Bitcoins.

If BTC rises to moon, I would consider it the best investment of my life.
If BTC goes down to zero, I will move on with my life, since it was only 2 months of my income.

I would probably do the same thing.  Upside is huge while downside the hurts but you move on.
hero member
Activity: 840
Merit: 1000
April 30, 2014, 06:54:42 AM
#24
wow, they sure did! I had no idea anyone could have bought at that level at any time this year. Maybe I should look into exchanges after all Smiley Presumably some could have got them at $200 etc since then?

It fell to $100 on both Bitfinex and BTC-e. This was shortly before the bad press about the double spending bug which has affected Gox and probably many other exchanges. Also interesting to note is that whilst many traders were squeezed out of their positions, many short traders and other traders looking to enter market long did not get their orders filled as the price plummeted from I think around $600 range down to $100, and then right back up within 15 minutes.

More to that flash crash than meets the eye so don't go thinking that those $100 coins were just anybody's for the taking, cos plenty of anybodys did try to take them, but found out that they couldn't.
sgk
legendary
Activity: 1470
Merit: 1002
!! HODL !!
April 30, 2014, 06:46:27 AM
#23
I would put 2 months on my fiat income and buy as many Bitcoins.

If BTC rises to moon, I would consider it the best investment of my life.
If BTC goes down to zero, I will move on with my life, since it was only 2 months of my income.
hero member
Activity: 658
Merit: 500
April 30, 2014, 06:41:28 AM
#22
When it reaches $100, the obvious option is too buy more. It all depends on what did you do when you see prices drop from $200 or $300, and it becomes apparent that $100 is a possibility  Wink
sr. member
Activity: 434
Merit: 251
April 30, 2014, 06:30:37 AM
#21
i would hold because i truly believe in bitcoin and also i know what price i ave to sell at to break even and i wouldnt sell below tat ever. and more importantly i belive in bitcoin!
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
April 30, 2014, 06:30:24 AM
#20
load the boat....back the truck up....and get me as many as possible.
sr. member
Activity: 474
Merit: 285
Brave New World
April 30, 2014, 06:20:25 AM
#19
Moar! :]
sr. member
Activity: 256
Merit: 250
Because it's sterile...
April 30, 2014, 01:08:45 AM
#18
I would buy my Coinbase limit.
sr. member
Activity: 350
Merit: 253
April 29, 2014, 09:18:51 PM
#17
The only rational reason for a drop to $100 would be if there was an unrecoverable protocol flaw or the US declared war on bitcoin; so I'd get out at that point.

Based on our current trend alone (no X factors) there is no way it would reach $100. My analysis shows we will likely fall a bit more, perhaps to the $360-$380 range, but that will be bottom.
legendary
Activity: 2268
Merit: 1278
April 29, 2014, 07:59:29 PM
#16
I remember (recently) when it hit 100+ on btc-e.  It shot back straight away (many buy orders)
I guess it wouldnt last long.
I saved that as a picture. Was pretty funny. However, the price did not actually drop to 100. There was merely not enough buy orders ready to soak the coins on the way down. That is not the same thing.
member
Activity: 108
Merit: 10
April 29, 2014, 07:56:53 PM
#15
I'll wait to dead cat bounce and short more bitcoins on the top Cheesy
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