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Author Topic: What would you do if BTC fell to $100?  (Read 1836 times)
durrrr
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April 30, 2014, 11:30:37 AM
 #21

i would hold because i truly believe in bitcoin and also i know what price i ave to sell at to break even and i wouldnt sell below tat ever. and more importantly i belive in bitcoin!

zetaray
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April 30, 2014, 11:41:28 AM
 #22

When it reaches $100, the obvious option is too buy more. It all depends on what did you do when you see prices drop from $200 or $300, and it becomes apparent that $100 is a possibility  Wink

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April 30, 2014, 11:46:27 AM
 #23

I would put 2 months on my fiat income and buy as many Bitcoins.

If BTC rises to moon, I would consider it the best investment of my life.
If BTC goes down to zero, I will move on with my life, since it was only 2 months of my income.
MatTheCat
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April 30, 2014, 11:54:42 AM
 #24

wow, they sure did! I had no idea anyone could have bought at that level at any time this year. Maybe I should look into exchanges after all Smiley Presumably some could have got them at $200 etc since then?

It fell to $100 on both Bitfinex and BTC-e. This was shortly before the bad press about the double spending bug which has affected Gox and probably many other exchanges. Also interesting to note is that whilst many traders were squeezed out of their positions, many short traders and other traders looking to enter market long did not get their orders filled as the price plummeted from I think around $600 range down to $100, and then right back up within 15 minutes.

More to that flash crash than meets the eye so don't go thinking that those $100 coins were just anybody's for the taking, cos plenty of anybodys did try to take them, but found out that they couldn't.

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April 30, 2014, 02:06:21 PM
 #25

I would put 2 months on my fiat income and buy as many Bitcoins.

If BTC rises to moon, I would consider it the best investment of my life.
If BTC goes down to zero, I will move on with my life, since it was only 2 months of my income.

I would probably do the same thing.  Upside is huge while downside the hurts but you move on.
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April 30, 2014, 02:11:04 PM
 #26

I dont think $100 could last long, so you need money at exchange already, so nothing for me.
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April 30, 2014, 04:44:52 PM
 #27

The first thing i do is looking for info why BTC is dropping to $100 before i buy ore not to buy.

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April 30, 2014, 04:52:29 PM
 #28


for next few years  :p it can't end like this now..! the infrastructure around btc is developed too much to keep it alive ..!

Mythul
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April 30, 2014, 04:55:32 PM
 #29

Would buy 10 BTC
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April 30, 2014, 05:13:48 PM
 #30

I can answer definitively, because I remember when it fell to $100. I held.
UnDerDoG81
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April 30, 2014, 05:17:41 PM
 #31

Take a loan and buy moar... It would last only seconds at $100 if it would ever go that deep...
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April 30, 2014, 06:10:59 PM
 #32

I'd buy 2 btc. 

.5 BTC at $300

1 At $200

2 at $100

4 at $50

100 at $10.


Here is to hoping I never see those buy targets.
mably
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April 30, 2014, 06:17:24 PM
 #33

If it ever goes down to $10, it will probably mean that bitcoin is dead and will continue its way down to zero, so better sell.

In my point of view, the only possible way for this to happen is that a far better coin will have been invented.  But no bitcoin killer on the horizon yet.

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April 30, 2014, 06:22:35 PM
 #34

if bitcoin goes below 100, most probably you should sell. if it goes to 300 though, buy as many as you can.

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