What you will do if bitcoin price drops to 50$ and you have lots of bitcoin

[MinerHQ]

Sell half of my bitcoin and still trust bitcoin price will rise up again.

I hope bitcoin will never go down to $ 50.

I think if your planning for selling then you shouldn't wait for btc to go back until 50USD instead once prices drop about 30% of your prices then you should start off loading and wait for oppertunity to buy at lower. 30% is just a my guess, if someone is less risk taker then they can start off loading around 20% loss.

[LarryHocks]

Don't think this will happen in 2015

I would either wait and see what happens or I would buy as much as I could

And just put it in a safe place and forget about it.

[Amph]

Don't think this will happen in 2015

I would either wait and see what happens or I would buy as much as I could

And just put it in a safe place and forget about it.

there is no way we are going to 50, there are more chances that we can touch 2k instead

50 is 1/7 of current price, why we should not shoot up to x7 instead? i think people are worrying too much about the fate of bitcoin

[Slark]

While $50 for bitcoin may be a little low and extreme you need to understand that low price of BTC is not that bad for us.
There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.

[USB-S]

I think I'll hold on to them. I'd scavenge as many fiat notes as I could possible get and buy all the bitcoins I can while the low low prices last. On the other hand if I had lots of bitcoins and bitcoin being $50 a pop, I would be rich regardless.

[WorldCoiner]

just wait until the price recovers. It would be just a matter of time in my view.

[bitart]

While $50 for bitcoin may be a little low and extreme you need to understand that low price of BTC is not that bad for us.
There are so good sides of low price mainly sign that bitcoin acceptance is going on in good way.
You probably realize that more bitcoin acceptance = more bitcoin price drop. Why? Because when merchants take more Bitcoin, they are selling it out into USD 99% of the time.

Yet they are selling it for USD but ideally in the future they could use BTC to buy their supplies for the stores. In that case they will not sell their BTC so price won't be affected this way. But the current situation is that if more merchant will accept the coins they need to fill their storages again and now they only can use fiat so they have to convert their BTC even if they don't want it.

[faridkifly]

just wait until the price recovers. It would be just a matter of time in my view.

yes i agree.
if it happen i'll wait until the price stable, who knows after the price is stable then the price will rise again

[adicted]

and do you think that will happen in 2015 ?

I doubt that will happen this 2015 cuz the price is going stable @ 330 and hopefully will go up before the year ends.

Anyways if that will ever happen, I would not sell all my coins, I would buy more instead cuz I believe on bitcoin

[coingiant1]

I will hold all those for sure. I always prefer to invest in Bitcoin with an amount that wont hurt me economically even if Bitcoin crashes. So I will hold it until its price goes up.

[RodeoX]

I'm kinda hungry, so I would make a sandwich.