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Topic: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin - page 10. (Read 15885 times)

full member
Activity: 210
Merit: 100
I would have sold all my bitcoins till this condition of bitcoins reaching $50 in value.
legendary
Activity: 1708
Merit: 1006
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.
member
Activity: 98
Merit: 10
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
hero member
Activity: 700
Merit: 501
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.
member
Activity: 98
Merit: 10
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
legendary
Activity: 1176
Merit: 1024
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 $50 level, then it will recover in minutes.
legendary
Activity: 2730
Merit: 1288
What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
and do you think that will happen in 2015 ?

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.
legendary
Activity: 1456
Merit: 1023
the possibility is very small
maybe 0.1 %  Smiley

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.
sr. member
Activity: 392
Merit: 251
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.
sr. member
Activity: 364
Merit: 250
the possibility is very small
maybe 0.1 %  Smiley

the bottom line is $200 and we will not see again uder $200
legendary
Activity: 1386
Merit: 1058
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.
legendary
Activity: 2996
Merit: 1132
Leading Crypto Sports Betting & Casino Platform
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.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
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.
hero member
Activity: 560
Merit: 500
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.
sr. member
Activity: 290
Merit: 250
I would load up the second truck.
full member
Activity: 126
Merit: 100
Thank you for your time.
Sell em!

Tongue

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.
legendary
Activity: 2688
Merit: 1026
Hire me for Bounty Management
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
hero member
Activity: 560
Merit: 500
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.
legendary
Activity: 1792
Merit: 1283
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.
hero member
Activity: 847
Merit: 500
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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