Topic: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin (Read 15853 times)
November 19, 2015, 11:43:31 AM
I'm kinda hungry, so I would make a sandwich.
November 19, 2015, 11:41:54 AM
I will hold all those for sure. I always prefer to invest in Bitcoin with an amount that wont hurt me economically even if Bitcoin crashes. So I will hold it until its price goes up.
November 19, 2015, 08:21:37 AM
and do you think that will happen in 2015 ?
I doubt that will happen this 2015 cuz the price is going stable @ 330 and hopefully will go up before the year ends.
Anyways if that will ever happen, I would not sell all my coins, I would buy more instead cuz I believe on bitcoin
November 19, 2015, 07:58:33 AM
just wait until the price recovers. It would be just a matter of time in my view.
yes i agree.if it happen i'll wait until the price stable, who knows after the price is stable then the price will rise again
November 18, 2015, 06:38:27 PM
While $50 for bitcoin may be a little low and extreme you need to understand that low price of BTC is not that bad for us.
There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.
Yet they are selling it for USD but ideally in the future they could use BTC to buy their supplies for the stores. In that case they will not sell their BTC so price won't be affected this way. But the current situation is that if more merchant will accept the coins they need to fill their storages again and now they only can use fiat so they have to convert their BTC even if they don't want it. There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.
November 18, 2015, 09:20:03 AM
just wait until the price recovers. It would be just a matter of time in my view.
November 18, 2015, 09:15:14 AM
I think I'll hold on to them. I'd scavenge as many fiat notes as I could possible get and buy all the bitcoins I can while the low low prices last. On the other hand if I had lots of bitcoins and bitcoin being $50 a pop, I would be rich regardless.
November 18, 2015, 09:00:50 AM
While $50 for bitcoin may be a little low and extreme you need to understand that low price of BTC is not that bad for us.
There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.
There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.
November 18, 2015, 08:27:27 AM
Don't think this will happen in 2015
I would either wait and see what happens or I would buy as much as I could
And just put it in a safe place and forget about it.
I would either wait and see what happens or I would buy as much as I could
And just put it in a safe place and forget about it.
there is no way we are going to 50, there are more chances that we can touch 2k instead
50 is 1/7 of current price, why we should not shoot up to x7 instead? i think people are worrying too much about the fate of bitcoin
November 18, 2015, 06:53:02 AM
Don't think this will happen in 2015
I would either wait and see what happens or I would buy as much as I could
And just put it in a safe place and forget about it.
I would either wait and see what happens or I would buy as much as I could
And just put it in a safe place and forget about it.
November 17, 2015, 10:07:57 PM
Sell half of my bitcoin and still trust bitcoin price will rise up again. 
I hope bitcoin will never go down to $ 50.
I hope bitcoin will never go down to $ 50.
I think if your planning for selling then you shouldn't wait for btc to go back until 50USD instead once prices drop about 30% of your prices then you should start off loading and wait for oppertunity to buy at lower. 30% is just a my guess, if someone is less risk taker then they can start off loading around 20% loss.
November 17, 2015, 06:54:36 PM
right now I only invest with what little I can afford to lose, so I'll just leave it be in case the price goes to $300~ again. if there's absolutely no hope I'll just sell all.
ofc if I'll be witnessing the price drop I'll probably sell right away on $200.
ofc if I'll be witnessing the price drop I'll probably sell right away on $200.
For me 200 USD is also a magic number. I guess I will start half around 200 usd with buy orders on 150 + some more sell orders etc.
When it go to fifty, i will buy some more and look back in a year;), simple because the stress..
November 17, 2015, 06:01:06 PM
Everyone has his own limit when he start thinking about selling the BTCs. Somebody has his limit near to $50 but some people will start to think about it sooner, around $200. It really depends on the person and the induvidual circumstances. I don't know if the limit can be typical or not in connection with investing habits. Maybe if someone who likes to take risk (or to gamble) will sell sooner to buy it back later on lower price to maximize profit, or someone who belives in BTC and don't want to sell at all as long as there is hope that the system will stay alive in the future.
November 16, 2015, 01:18:54 PM
right now I only invest with what little I can afford to lose, so I'll just leave it be in case the price goes to $300~ again. if there's absolutely no hope I'll just sell all.
ofc if I'll be witnessing the price drop I'll probably sell right away on $200.
ofc if I'll be witnessing the price drop I'll probably sell right away on $200.
November 16, 2015, 12:45:32 PM
if it ever returns to 200 USD i am selling all my btc, and would consider rebuying at around 100 - 125 USD.
November 16, 2015, 12:38:04 PM
if it was me, just sell it, nothing i can do, even manipulate market
It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.
Even though I agree that there is a heavy manipulation right now in the Bitcoin market, I don't think that these whales would ever drop price so low! I mean to drop it all the way to $50 would be lunatic!
November 16, 2015, 11:18:48 AM
Lol doesn't seem realistic for this to happen
but if it does I'd still have trust and buy every bitcoin I could buy
Good investment for the future
but if it does I'd still have trust and buy every bitcoin I could buy
Good investment for the future
November 16, 2015, 11:07:31 AM
if it was me, just sell it, nothing i can do, even manipulate market
It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.
the whales themselves are manipulating it right now, with the help of miners, to keep the market at certain level, you will see that the new lower will be higher with the halving, to not allow that the miners be disappointed about their earning
November 16, 2015, 10:33:40 AM
if it was me, just sell it, nothing i can do, even manipulate market
It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.
November 16, 2015, 08:08:11 AM
if it was me, just sell it, nothing i can do, even manipulate market
It would be a waste of time. It's impossible that it would go any lower. Even if it went lower.. it's all manipulation for the whales to get your cheap coins, then they will pump it to 10K and you'll look like a moron that sold cheap.
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