Bitcoin Forum

I have a question
Would you buy a bitcoin to hodl if bubble explode some reason and a lot of people dumping their coins
lets say price per btc 1000-2000 would you buy?

Bitcoin seems to have steadied compared to the last six months of 2017. Perhaps there was no bubble or it has burst and present price is the true price.

If you believe that Bitcoin will be successful in the long term, then buying after the bubble is a great idea.

wha.. What is the question? Of course, buy BTC for that price. And of course, no bubble presents.

Bitcoin is not a bubble in the first place but if somehow bitcoin crash to 1000-2000 USD , just like any other person, I will definitely buy BTC since i already knew the potential of it and it can reach 20k USD when pumped so i will definitely buy but it is if i still have money , all of my money is in bitcoin so it is against me if bitcoin crash.

Of course I would by, the coin is inflated by buyers and holders, these guys holding millions of dollars in bTC would never let the price reach 1 - 2k

There's no bubble that will explode as bitcoin is not a bubble. Don't be infected by those personalities that are giving their statements during their interviews that bitcoin is a bubble.

And everyone here will say yes when the price is starting to decline. It's the best time to buy bitcoin during those times but for now if you bought when it was around $13,000, congratulations.

The price is starting to rise now and is currently $15,000.

It would depend on the context, but mainly yes. I mean, if it had that price but would still be the number one coin at coinmarketcap, or at least one or the top five and I had no reasons to believe it was going to go burst long-term, yes, I would buy it. Otherwise, I wouldn’t.

Something very drastic would have to happen for bitcoin to go back to that price. If the so called bubble was to burst it would more than likely be the end of cryptos as bitcoin is part of the pricing of other cryptos. I'm sure people would still buy bitcoin if it went to that price.

Sure, but I'd wait BTC to find a floor. The height of the floor is difficult to predict (10000, 1000 or 100?).
After last burst (end 2013) the floor was reached only some 2 years later. Be patient...

If by floor you mean a good resistance price, then I would be positive that 10,000 would be up there unless Bitcoin has a legitimate reason for dropping to dirt. But to answer OP's question, I would probably buy given that the bubble is completely burst and that there's little to no more corrections. Buying after a bubble is what gave birth to "buy low sell high," because bubbles drop assets to under what their value should be. After that, a positive correction comes along and stabilizes price for a little bit. We've seen that with the past few drops in Bitcoin itself.

....

Bitcoin priced @ $1,000 to $2,000 means something catastrophic happened. A $1k to $2k bitcoin means bitcoin has been banned in all major nations. It means the blockchain or another key system has been compromised. A major event would need to occur for bitcoin's value to decline that significantly.

Some hold the view that if bitcoin declines to $1k down from $14k, it means the price will immediately jump back up to $14k. That doesn't necessarily happen.  :( Large declines in value come with loss of confidence and a type of doomsday, apocalyptic, atmosphere. When bitcoin crashed from $1400 down to $300 many thought it was the end. The price wasn't going back up anytime soon. I think that would be the outlook if bitcoin's price crashed again like it did near 2014.

The issue is that new investors are reluctant to use Bitcoin, or do not want to trade.
I am sure Bitcoin will still continue to rise for the next 2 years 22K.
many predict this, and I follow it.

This is a good question for the trading discussion. I always buy btcoin and this totally independent of its price, because I use it for gambling and to pay some smaller things in the internet. As an investor and considering that the price is currently at $15,000, I would not buy if it will drop to $1000-2000, because I would fear that it will drop more, because something very strange must happen for such a drop and if it happens, then it can easily drop more. You have also to consider that the bitcoin dominance is steadily decreasing and there are some other uprising stars.

They are unwilling because the price is too expensive for them on this moment. But way back when it was $1,000 and below we are all thinking that it was too damn expensive but it wasn't during this days. There's a big movement for bitcoin as it's considering the king of all crypto's and there are good news that popped out lately that another wealthy guy bought tons of bitcoin so that's a big boost to bitcoin.

It's very difficult to predict what will happen with bitcoin, even if I don't like the word "bubble": anything has a life span, that can be long of short, and anything wil have an end.
The secret is to profite before the explosion of the bubble!

Bitcoin is really a bubble, even the organizer of bitcoin stated in media interviewed that bitcoin is really a bubble. When we say bubble it is on how the price moving, sometimes increasing, sometimes decreasing. We noticed already that bitcoin have no fixed price, so definitely it is a bubble.

IF Bitcoin were to dive to as low as 1,000-2,000 it must mean that there's a major bad news which I don't think will happen anytime soon.

I think that is a good opportunity if you are long term investor. If that happens, I will buy bitcoin then I will hold it. For sure, it will crash but it will still rise up. That's how marketing works. I believe that bitcoin is not a bubble thing but it is a volatile asset.

I don't understand why we call "bubble" something that has a fantastic grow rate!
Of course, it will have an end, but in the meanwhile we can make a lot of big profit!
We'll have time to sell before the crash! :-)

If that happens, people will become doubted about investing bitcoin anymore especially those people  that are new in crypto. But for the individuals who are believing bitcoin it's gonna be a big opportunity to buy in bulk numbers.
But I really don't it happen to bitcoin, since it is recognized and started to used worldwide.

They called it bubble thing because maybe anytime bitcoin may vanish or pop up. That is the scariest event to the investors of bitcoin. All of your investment will instantly disappear!
Yes, the growth rate defines how bitcoin is bubbly because it will moves up easily and moves down rapidly.

if the masses haven't figured out that this is not a bubble, and that it never was - well, too bad for them

people who have no idea what blockchain is, or what potential underlies in this technology, are constantly calling this whole crypto thing a bubble - although it has some "typical" signs of a bubble - I don't think so.. buckle up and lets see how far this thing can go

I'm curious who you think the "organizer of bitcoin" is.

Yea, bitcoin is a bubble. The fluctuation in prices proves that it is indeed a bubble. It may be there or suddenly vanish. It may have high value or low value.

Depends on what other crypto currencies are looking like at the time...
Hard to answer a question with so many variables

When price increases unexpected, people term it to be a bubble. I don't have such a thinking, because when the price rose all of the sudden crossing $10000 from the value around $5500 in a small time period it is mentioned as a temporary price bubble. Soon after the same things changed and the stabilized growth got initiated.

In my own idea bitcoin is a bubble, it is because sometime price fall and sometimes rise. When we say bubble it is on how large or big amount down to the lower and up also to the higher. The price of bitcoin is unstable therefore it is called bubble. So as a bitcoiner, we must accept the reallity in natural movement of bitcoin all the time either the price will fall or rise.

For my trading strategi a bubble is like a sign. sign to make sell bitcoin when it happen and after that bubble bitcoin price always drop down so far and that when you will buy and hold it again to sell it again when the next bubble.

Bitcoin during the december and january bull market showed all the signs of a bubble and that is why so many people referred to it as such seeing as the price rose exponentially in such little time. But then people expected the price to crash so when it didn't the cycle was not complete.

I am sure it won't be bubble but something worst that might cause the bitcoin to go so much down the line. I am thinking that if the price drops that much low then it has got to do something with the mega market cap dump. If that happens then I am sure people won be buying it but selling it a lot.

Lets consider it is bubble and then it exploded to get such low rates then it could happen that people may not buy the crypto again as they will have the trust broken up. Even if I am in such situation then surely I wont be taking any chance as it could destroy the whole the thing.