Topic: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin - page 10. (Read 15853 times)
October 03, 2015, 01:54:48 PM
I would have sold all my bitcoins till this condition of bitcoins reaching $50 in value.
October 03, 2015, 12:24:18 PM
In my case, as soon as I see Bitcoin price reaches the $110 to $130 level, I will start selling my coins and put my money somewhere else. I will not wait for exchange rate to reach $50.
October 03, 2015, 12:10:29 PM
if the bitcoin price has reached $ 50, would not that be the ultimate sign of bitcoin.
at that bitcoin might be rarely used anymore, and there will be a new coin that replaced bitcoin
at that bitcoin might be rarely used anymore, and there will be a new coin that replaced bitcoin
October 03, 2015, 12:03:23 PM
I don't even have 10, so It wouldn't be a catastrophe. I will just simply hold, and take advantage of the low price and buy more. Im here for the very long term anyway, I can wait 10 years to retire.
If I had more than 50 BTC invested tho.. that would be a very stressful situation. You either sell and think you are cutting losses to 0, or you sell right at the bottom where it starts raising again.
If I had more than 50 BTC invested tho.. that would be a very stressful situation. You either sell and think you are cutting losses to 0, or you sell right at the bottom where it starts raising again.
October 03, 2015, 11:52:50 AM
i still have trust, and i will buy bitcoin with every thing i own
if bitcoin has reached the price of $ 50
that's where we buy bitcoin time, I'm sure many are doing it, so as to make the price go up
if bitcoin has reached the price of $ 50
that's where we buy bitcoin time, I'm sure many are doing it, so as to make the price go up
October 03, 2015, 11:41:31 AM
Nothing to worry on this. Bitcoin has a strong community background. Price fluctuation is a common thing among
all the traded commodities. Bitcoin is not an exception from price fluctuations. Even the mining cost will keep
the price at current level. So, if it hit $50 level, then it will recover in minutes.
all the traded commodities. Bitcoin is not an exception from price fluctuations. Even the mining cost will keep
the price at current level. So, if it hit $50 level, then it will recover in minutes.
October 03, 2015, 09:59:46 AM
What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
and do you think that will happen in 2015 ?
and do you think that will happen in 2015 ?
It is possible that bitcoin drops to $50 even this year, but not for long. Price would get corrected fast. But possibility that this happen this year are really minimum. In upcoming years possibility that happen is much much higher.
October 03, 2015, 08:39:41 AM
the possibility is very small
maybe 0.1 %
the bottom line is $200 and we will not see again uder $200
maybe 0.1 %
the bottom line is $200 and we will not see again uder $200
Yes 50$ may be difficult but 200 level can reach if any one bad news comes out about bitcoins.
October 03, 2015, 07:54:36 AM
If bitcoin drops that much, when it drops, I'll buy so much more bitcoin that if it goes up by five dollars, I made a hundred times what I lost.
October 03, 2015, 04:37:23 AM
the possibility is very small
maybe 0.1 %
the bottom line is $200 and we will not see again uder $200
maybe 0.1 %
the bottom line is $200 and we will not see again uder $200
October 03, 2015, 04:14:04 AM
Many people are imagining $50 levels to buy a bitcoin. I would say that's the greedy price. Because money inflation makes every commodity some price appreciations. Already bitcoin has huge community who are all watching to get big amount of bitcoin. So, if bitcoin hit $50 level it will bounce back to current mining cost compatible levels.
October 03, 2015, 04:06:47 AM
I would load up the second truck.
Yes. That's the actual effect if price of one bitcoin hit $50 level. It's the biggest buying chances for everybody who missed about 2 years back. So, it's virtually we are taken by a time machine by two years. So, price will jump to back as normal levels in matter of hours.
October 03, 2015, 01:01:10 AM
The thing is most of us would invest thousands at bitcoin at 50 dolalrs expecting it to return to 200 or goes aboves,this happened after bitcoin hits 1000 dolalrs ,whe the first dump camed ,several bought at 600 and 700 dollars,expecting to get a return in a short time and well it fail again,soo its a kindy risky but well the reward can be bigger.
It has low probability of happening but I would rather phase out in Litecoin or other coins that would rise in conjunction.
I would not sell out in fiat, that would be capitulation. Nor I would buy more, i would just wait for LTC price to rise or NXT probably.
October 02, 2015, 05:25:18 PM
The thing is most of us would invest thousands at bitcoin at 50 dolalrs expecting it to return to 200 or goes aboves,this happened after bitcoin hits 1000 dolalrs ,whe the first dump camed ,several bought at 600 and 700 dollars,expecting to get a return in a short time and well it fail again,soo its a kindy risky but well the reward can be bigger.
October 02, 2015, 05:09:35 PM
I would load up the second truck.
October 02, 2015, 03:56:09 PM
Sell em!
Joking.
I would wait until the price goes up again, or I would let them rot if BTC died.
Nice memoir for the future kiddos.
Joking.
I would wait until the price goes up again, or I would let them rot if BTC died.
Nice memoir for the future kiddos.
October 02, 2015, 03:55:06 PM
Bitcoin has a future and there is already near to make 7 years of a project that someone made it real ,soo i know interest of bitcoin will always cover the real value of it,most of us would left bitcoin at 50 dollars ,those would make mining farms stop mining,atleast they should.Soo a ended mining time would be the time of supply and demand,but pretty sure real believers would buy the more bitcoin as they could ,knowing that bitcoin has a future ahead and those 50 dollars could easy reach 200 dollars or above it in short time.
If mining farms stop working,wouldn't it increase the confirmation time too?.Less miners mean less production of bitcoin which in turn can create less supply.As a simple demand and supply law teach us,a limited supply can push up the prices September 29, 2015, 04:54:08 PM
Bitcoin has a future and there is already near to make 7 years of a project that someone made it real ,soo i know interest of bitcoin will always cover the real value of it,most of us would left bitcoin at 50 dollars ,those would make mining farms stop mining,atleast they should.Soo a ended mining time would be the time of supply and demand,but pretty sure real believers would buy the more bitcoin as they could ,knowing that bitcoin has a future ahead and those 50 dollars could easy reach 200 dollars or above it in short time.
September 29, 2015, 02:51:03 PM
I would probably end up buying a whole lot of bitcoins and keep my current ones.
Hoping the price would rise again due to people buying loads of coins.
Hoping the price would rise again due to people buying loads of coins.
September 29, 2015, 02:33:59 PM
and do you think that will happen in 2015 ?
I would buy some more, and keep it I know time will come that the price of it will rise again.
IF* they rise up again
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