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Topic: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin - page 2. (Read 15853 times)

legendary
Activity: 938
Merit: 1000
50 is a price very very few probably, I dont found any reason to peoples want does panic sell really so low, In such case almost peoples will hold until price 0. The only thing that would to cause it could be something that do this obsolete or an unexpected disaster maybe.
hero member
Activity: 1442
Merit: 629
Vires in Numeris
Depends on. If it drops from the current ~350 to 50 in a day, I would have a big dilemma. As I belive in bitcoin, I would think twice before I start to sell everything just to save myself. If it can drop ~300 in a day possibly it can drop to 0 as well. But if it drops slowly day after day from bit to bit, maybe it can mean that it will raise again after. Really depends on the situation and the current information...
hero member
Activity: 798
Merit: 506
maybe I'll wait bitcoin prices to rise again, but I had no focus anymore if the price drops to that extent.  Sad
legendary
Activity: 1274
Merit: 1000
if bitcoin price drops to 50$, i will keep my bitcoins in my wallet and wait until 3 months to see what i should do.. if the price will stable moving up in that 3 months,i will still keep my trust for bitcoin 
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
if it was me, just sell it, nothing i can do, even manipulate market
sr. member
Activity: 826
Merit: 263
Actually, this thing wont ever happen, but if this things happen I still will hold my bitcoin because I'm believe bitcoin have future.
member
Activity: 76
Merit: 10
I will sell before it hits 200 usd again.

It's way to volatile right now

Does it mean if the price does not drop below $200, you will not sell and just hold the coin?

We might not see $200 ever if bitcoin gets used widely.
hero member
Activity: 714
Merit: 500
I will sell before it hits 200 usd again.

It's way to volatile right now
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
If price drops below $50, it means some disaster has occurred. If there is no long last effects, I will buy more coins.

Well said I will do the same, because now I`m confident bitcoin will be in the long term.

(Have you noticed that as price goes down somebody attacks the forum and makes it slow?)
member
Activity: 76
Merit: 10
If price drops below $50, it means some disaster has occurred. If there is no long last effects, I will buy more coins.
legendary
Activity: 868
Merit: 1006
Bitcoin will never go under 200 dollars again. We've seen 500 again, almost half the ATH, this means that the fears of it ever reaching such a price are over. Now the future is open and by open I mean high on price, forget about going back to the old floors.
hero member
Activity: 784
Merit: 1000
If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..

That is the right thing to do, if price drops to $50 rather then selling it, it would be the best time to buy more and more bitcoins as we have faith in bitcoins and it can go higher in coming years as the future is unpredictable anything can happen in the future, So I would still trust bitcoins and will invest my money in buying bitcoins rather then selling it  Grin

It might be the right thing to do.  What if Bitcoin had a major security flaw and it was crashing and burning, I am quite sure you wouldn't be buying then.  As a matter of fact I don't know if I would buy if it hit $50 dollars.  At that point many people might start getting out of the game and if it goes much lower, I don't think Bitcoin would survive.
hero member
Activity: 631
Merit: 500
If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..

That is the right thing to do, if price drops to $50 rather then selling it, it would be the best time to buy more and more bitcoins as we have faith in bitcoins and it can go higher in coming years as the future is unpredictable anything can happen in the future, So I would still trust bitcoins and will invest my money in buying bitcoins rather then selling it  Grin
full member
Activity: 140
Merit: 100
If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
and do you think that will happen in 2015 ?

I don't think that the price of Bitcoin may drop to $50 in 2015, but many people would be happy if it will. They will buy as many Bitcoins as they can at $50 because we all know that $500 by the summer 2016 is inevitable.
legendary
Activity: 2170
Merit: 1427
Simple. I would buy a huge load of coins and just wait for the storm to calm down. I believe in Bitcoin. If others do as well, it has no other option than going up again. A fact is that long term holders will always get rewarded for their patience and dedication.
legendary
Activity: 1442
Merit: 1016
I will hold what I have and continue accumulating.Why? Because I believe in Bitcoin and it's future success.
Furthermore I'm in for the long run.That means many years.Things will change.It just takes time and you need to have a long breath for that.
And if should not succeed, well it was worth a try and I won't regret it.
member
Activity: 104
Merit: 10
Even if it does, I'll definitely buy more before the halving and sell it all at the next breakout.
sr. member
Activity: 350
Merit: 250
if that happen i still have trust, and i will buy bitcoin with every thing i own and wait until the price rise again

because i do believe even though bitcoin will down to $50 the price will rise again soon
Past market trends have proven that after the $50 mark the price of bitcoin has seen exponential growth. Buying a bulk and waiting has seen many people earn multifold on their investment with a lesser amount of risk involved.
sr. member
Activity: 364
Merit: 250
now i save some of my fiat , Im not sure bitcoin will be down to $50
but If bitcoin price down to $50 i will spend all of my money to buy bitcoin
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