Bitcoin Forum

What will you do if bitcoin price fall down to $100 ?
That doesn't mean i want bitcoin price fall down to $100

IF that happen, i will spend my bitcoin to zero balance (edit: to buy some video games)

This is another different type of FUD threads. Remove the option of selling. Only an idiot would do that.

I'd definitely relax and buy more.

I'd drink some beer :D

Why would you spend your coins if they fell? Doesn't make sense. You spend when they're high. If you're going to do this might as well spend them now so you don't do something silly.

Hey,

I've voted for : Buy a lot amount of bitcoin . It is the best choice when (or better "if") the price will drop.

I will likely make a sandwich and watch TV.  I think that is what I did when it hit $100 in the past.

Buy like a mofo.   ;D

Edit: and drink beer. 

I don't have a lot anyway and its nothing that I can't afford to lose.
So I would probably just buy some more ;D and hope that the price will rise again one day

Won't happen.

Me too! ;)


+1. But the price isn't fixed to x dollars... ::) It might happem though the chances are very low, <5% .

   ~~MZ~~

Same thing I do when anything happens. Drink some beer.

I don't see the right choices here.  It should be Buy alot of Bitcoin AND Drink some Beer!   ;D

Only thing you can do really.  Once everyone buys cheap coins by the truck loads, while taking a long swig of brewski, watch that moonshot:

http://www.cc-journal.net/wp-content/uploads/2013/12/To-the-Moon_2012-08-23_04-51-10-e1347234437642-620x348.jpg

What, no HODL option?

buying some, but under 100 not at 100

holding the rest

now my question is, what you do if it's skyrocket to 2k?

i would drink a beer and buy BTC  :D

It's a stupid question. It needs context; a "why".

If it dropped to $100 because the pope declared it immoral, I would probably buy.

You left out the option;
"Just keep hodling."

only fool ... believe.
or
only smartest people ... believe.



no border here.
it's people ... after all.

i will buy 1 bitcoin  ;D and hold it for a long long time.

I'd spend 2,000 - 3,000 of my last remaining fiat reserves to buy up those cheap coins.

Won't happen, there is huge support between $200 and $300.

But just to answer your question: I would definitely buy as many as I can.

Depends on how it hits $100. A crash + panic sell I'm buying. If it slowly decreases to $100 over the next few months I'm drinking beer. I'm never selling. I'll go to zero before I sell. I have nothing invested in the Bitcoins I have left. It's moon or grave for me.

I'd buy as much as possible then drink some beer  ;)

I doubt it will fall that low but if it did I'd sit back, smoke a bowl and buy a shitload of bitcoin.

Newsflash: the world is full of idiots.

People always forget about the fact that there is no one can increase the total amount of bitcoin. The sell pressure is very limited considering how much fiat money is being pumped out every day by central banks

Haha looks like a whole bunch of us are going down with the ship  8)

Doublin' DOWN 8)

Continue converting a small amount of dollars every 2 weeks...the only thing that'll be different is that I'll get more BTC

Pretty much buy tones of BTC :D?

Investing in bitcoin for sure if that happens, but i don't think it will ever happen  :-\

Continue mining.

I don't bother fussing with its value vs. fiat.

...

I too would buy more.

But, I would probably be feeling mighty stupid were BTC to drop to $100, so it would be hard to do....  I would find a way though.

 ???

 :o

i'll buy many bitcoin, but i trust bitcoin not going down to $100.

I've no choice, "Buy a lot amount of bitcoin"
:D

Do nothing, wait until it falls down to $1, then buy.

Play 1 game of league of legends and then Commit suicide :D

LOL

I somewhat disagree. Some of the exchanges allow for what is essentially synthetic bitcoin via the use of leverage; this could result in more bitcoin being offered for sale then actually exists on the exchange (or the exchange could simply create sell orders in it's DB that is not backed by 'real' bitcoin and simply not allow customers to withdraw more then they actually hold

Do the same, when it dropped that much a few years before - Buy Buy Buy!

I made the mistake, and bought too little. This time, I will buy more!!!

I think it just would be like now but less wealthy
bitcoin price has nothing to do with its technology,because of its independence

I will drink some beer nothing else.

I would buy some more in size. At least I hope that I would have that kind of balls....

What kind of balls do you need to buy at $100  :D

You need balls if you're buying them at +$1000

I'd buy around 20 - 50 coins and that would be it. 

$100/current price/zero make little difference to me, im looking for way higher price or nothing.

If the bitcoin price drop to 100 $ (for sure) I will buy  120-140 bitcoin , but I don't  think we will see  1 bitcoin : 100 $ .

Generally, in any market, when price is so low, it's great time for buying, not selling :)
It's mistake to sell for so low price, because in this case we will be in lost.

Not lost if the we got the BTC for free but we will get less profit if the price increases later. ::)

   ~~MZ~~

I probably buy more bitcoin, because in Turkey's bitcoin market is coming behind the global market about half an hour, so I can sell my bitcoins high prices and then buy them really really cheap.
I'm on alert always ;D  

Yes , this is the *right* thing to do : buy more bitcoin ! 

OK good point, I agree with you.
Any way, secret is always to buy cheap and sell expensive :)

I have seen some users in the past pump , they have bought high and sold (after few days) low . So the rules (for they) is : Buy high & sell low  .

;)


The rule isn't true. They may have sold it like that, because they are afraid that the price will decrease to a very low amount. So they sold the BTC at lower price than they bought, so they can decrease their % of lose.

   ~~MZ~~

I know it is not true I'm only kidding , but I've some people have bought high and sold low. So for someone this rule is true.

This is called cost-cutting. But in this case, it rather were inexperienced players ..

This poll indicates we are around the "bottom"..

I don't think we will never seen bitcoin price drop to 100 $ , if it will happen I think a lot of people will lose their confidence in it.

Dance all night until bitcoin goes up again.. simple

I think he meant price of the bitcoin is dropping, anyway, all the dumpers will lose the confidence, others will still use it because of the advantages it provides. :)


You will make a Guinness world record. ::) Can you tell me how to do it? ;)

   ~~MZ~~

I'd drink a beer and buy 20-30 bitcoins. ;D

Only twenty - thirty bitcoin I suggest you to buy at least 50 bitcoin   ;D  ( if the price will drop to 100 $ : 1 btc ).

Voodoo dance, good for you man anyway i will try to buy as much possible that's the best thing or just sit back and enjoy the ride.

I'd keep HODLING

The question should be: what would have to happen to the price dropped below $ 100  ???

Buy more, since I havent got much so far anyway.

I don't own any huge amount so it's nothing for me i will just wait it it rise up and sell them.

Will you buy at least 2-3 bitcoin ? I think if the price will drop to  $ 100 the best choice is : buy it!

Probably but if it keeps falling for the same reason it fall down that much then it won't be a good idea.

I would sell the car I bought with bitcoin in May '13 and buy all the bitcoin I could get. About 400 coins at that price. I only spent about 180btc to buy the car, so I would say thats a pretty good deal.

This will be a good deal if the price rises later.. :)

i spent some my dollars to buy more . just it will i do

You forgot gambling.  Whenever bitcoin sees a significant drop, I gamble, lose, buy more at the lower price.  Its absolutely bulletproof lol

haha good idea.. interesting which casino will survive if the price would drop so much ..

Buy up more ;)

Ill buy and gamble like crazy ..

And of course a bong hit :)

Drink some beer n buy more coins.!  8)

Buy more while they're cheap.

Buy more.

If bitcoin fell to $100 I would spend $1000 buying more. Doubt that will ever happen though.

Someone only sell their bitcoin if they just want more fiat  :(
Personally, i will buy some bitcoin & eat some delicious foods  ;D

But, never think only 3 people's among 133 people's will sell their bitcoin. I think the numbers are higher.
This community is really something amazing.

Buy so much bitcoin :)

i think i would straight buy a bunch of coins rather than mine them at that point..

no because whatever money i throw at it i can afford to lose.
now is the time for YOU to sell all YOUR coins before they reach $100.
u can buy them back @1000.00+
change ur handle to: sell-low-buy-high.
sit on those coins till the next drop then panic sell at $300.00 before it reaches $100..
buy back as you wakeup to see the coins at $500 again ..
sell at $300 the following week so u dont lose more fiat paper money.

I agree with the majority in that I would buy alot more bitcoins.

i dont think that would be good idea. When the price dropped from 1000$ to 700$ everyone said that people should start buying it, but the price is even lower now.

One should believe bitcoin will be $10 and only a nerd currency for kicks or something legit and +$100k...

Put your wealth into if you believe the ladder if you think it's only going to be for kicks you shouldn't put a penny in.

Depends how are the next generation currencies doing
That said in all likelihood I would be in a real bull mode and stockpiling a few more of those Bitcoins to the coffers
Always like a good deal.

Every single person here would buy more BTC like a gambler covering its loses. Open your eyes.

there's only one thing to do: SUICIDE

I bet my whole life on bitcoin.

If it crashes, I am already dead.

Ill buy alot bitcoin :)

Buy every last BTC I can and sit back and have a rum and soda.

The Subject has $100 in it, why is this thread not moved to the Speculation forum?

This thread is indeed just a speculation and should not belong to this section.

But I found that this thread is quite funny :)

I love the poll options and number of votes for some funny answers like:

Q:What will you do if bitcoin price fall down to $100 ?
"Rob someone to cover your loss" - already 3 voters :D
"Commit suicide" - 7 people :D ...
"Give all your bitcoin to other people" - 1 person. Very generous! :) You will make someone a millionaire :D (if you have a lot of Bitcoins or if he will wait few years)
"Drink some beer" - 23 people will drink some beer :D ... perhaps they will drink it no matter what the price will be :)

But nobody yet answered "Check yourself if you are dreaming". Seems like we all haven't got any problems with understanding what is and what is not the real reality instead of dreaming. Which is very good! :)

My answer was typical as for a bull. "Buy a lot amount of bitcoin".

Well when I am thinking more about it, seems like I should mark not only one or two answers.

If I will see one day that Bitcoin is @ $100 I will:

"Buy a lot amount of bitcoin"
"Drink some beer"
"Hold your bitcoin"
and also for sure "Check yourself if you are dreaming". Because bitcoin @ $100 will never again seems real. :]


Kind regards.

"Drink some beer" would be my answer to any poll question!  :D

Buy a lot amount of bitcoin

I hope that does not happen ... and if it happens, I hope it returns the value (+or- $350,00)after a few weeks.

not know much about economics, so I have these thoughts  unlikely.

you want to say that all your money are bitcoins? thats not a really good idea

drink couple of beers and buy couple of bitcoins  ;D

Buy as much as possible. I wont touch my savings but any salary or extra income will go into buying more.

Bullshit. You start over again instead.

I would do the same. Was going to do the same when it last went to 275 as well, but was on a vacation then .

I think polls like this are flawed. Every bitcoin fan thinks they would buy buy buy if the price gets to 100. And perhaps if it is manipulated in some fashion it could. But sentiment would be absolutely at rock bottom and most people would be too afraid to act.

Now it is far more likely that we retest a low 3xx number, that is when most people will buy, and the reason why I think we will never get anywhere near 100 :)

Not me, I've been schooled the hard way. I sat and watched Bitcoin hover at $2 for a long time and never pulled the trigger at buying but I did keep mining (thank God). Looking back I wish I had just invested $5k and I won't make that mistake again. I'll buy with everything I've got if it ever drops below $100 again.

No matter where it goes, I don't think $100 is a long term stable level.
$100 would be the time to buy.

Yep, at least the first time it hit 100 it would surely rebound.

BTC @ 100 USD? WTF!

http://i4.mirror.co.uk/incoming/article1754522.ece/alternates/s615/Payday-loans.png

I would watch a movie.

That may or may not be a good idea. The price of bitcoin has increased tremendously over the past several years, but there is no guarantee that will continue.

I would not say that you "got schooled" just because you did not buy thousands of bitcoin when the price was low. You were still able to mine when the difficulty was very low and likely earned some amount of bitcoin that made you a decent amount of money.

Plus you have promised that you will never do business with this account ;)

Oh, I wouldn't buy them on here. That's what Localbitcoins is for. As a long term hold, I don't see how btc can't keep increasing in price. Everything else from bread to real estate increases in price over time. Bitcoin isn't going anywhere. If I'm not the benefactor of a drastic increase in price my kids will be.

I have some money prepared for case it falls down to 200$, I have some prepared for 100$. Without going crazy, though.

This. I hope it goes to 1, so I can buy 1 million  ;D

He bet his whole life which is why he stole 80k worth of bitcoins.

The you can't buy them on here comment was kind of a joke.

I think on a NPV measurement, bitcoin is a good buy at sub 100 (or at 350) however it is not a guarantee that bitcoin will succeed over the long term. A major threat to bitcoin is that some competing altcoin overtakes bitcoin in terms of usage/value/adoption - if this does happen it would likely be because someone comes up with some new algo like PoS (except not a piece of shit, and actually better then PoW).

Another thing that bitcoin depends on is the continued advancement and continued development of technology, especially in the developing world. As it stands now it would not be technologically feasible to use bitcoin on a large scale in most 3rd world countries as it would be too easy to launch double spend and MITM attacks against people receiving bitcoin

You guys lost credibility calling bitcoin a good buy at 900... You took another chance calling the bottom at 850,800,700,600,500,400....... Now it is just annoying and ridiculous

I'll be waiting for cheaper bitcoins and really low cost per transaction ;D

I'm betting that the economy around Bitcoin is too large for a takeover by an alt but that is just a bet.

Lmao troll forgot to switch accounts and replied to himself!:DDD

How much cheaper? $350 is good enough for me.  :)

I hope it goes sub 100 so I can sell my house my car and my laptop to buy a lot more :)

Btc will be never sub 100.
I sold my house when it was @1000 usd, I estimate ROI in 2016.

HAHAHHAHAHAHA GOOD LUCK TO YOU!  :D

I imagine some others have made this point, but it depends on WHY bitcoin has fallen to 100 USD. 

If it's because US bans it's citizens from holding bitcoin, sort of like what they did with gold back in the 1930s, then that is very different that it just falls because someone hacks Satoshi's private key and dumps his coins on an exchange.  It's also different if it's because there is a problem with the actual protocol itself.  The first two are probably buying opportunities, the latter will probably mean I'd be excited to sell for 100 USD.

Come on Bitcoin price, hurry and fall to $100, I want to get more before the inevitable spike in 2015!   :P

We haven't even come close to the 2014 low yet...

Those are two WILD assumptions there buddy...

How's it going thus far?

I am sure its cheaper coins now, time to buy more :P
JK, I am sure you would be going through hard times now if that were true.

Well we haven't been in the 200s since the 2014 low of $275 back in October 4th, so not an assumption but fact:

https://i.imgur.com/rCUXcvB.png

As for inevitable spike, we haven't reached a new 52 week low for awhile, so either 2015 is going to be worst than 2014 or it'll be very very good.

Coin flip, really.

The rebound from that $275 low was very, very quick.
Not many long term investors had an opportunity to benefit from such prices.
Current glut provides excellent buying opportunities.

hi, time to wake up buddy. bitcoin never fall down to $100.

This is probably not the best of ideas. If you were to disregard the fact that it will generally take months to receive funds when you sell your house (as it takes months to close on any potential sale), putting all your money into bitcoin would essentially be putting all your eggs in one basket and the price of bitcoin is far from certain to rise over time

What would have to happen to dropped price so low ??? I think it's impossible .. even $ 200 I think is impossible ..

miners are trying to maximize year end revenue right now,
probably a lot of selling, this is why price dropped from 350 to 300.

should spike up in early 2015.

I think the miners are selling only enough to cover their electric costs, but their electric costs are in fiat so as the price declines they need to sell more of their mining revenue which causes the price to decline further

You just got put on my "do not ignore" list

Feel happy because I would be out from the HODL club long ago.