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

[coinplus]

Many people are imagining $50 levels to buy a bitcoin. I would say that's the greedy price. Because money inflation makes every commodity some price appreciations. Already bitcoin has huge community who are all watching to get big amount of bitcoin. So, if bitcoin hit $50 level it will bounce back to current mining cost compatible levels.

[Proxiebuier]

the possibility is very small
maybe 0.1 %  

the bottom line is $200 and we will not see again uder $200

[Sir_lagsalot]

If bitcoin drops that much, when it drops, I'll buy so much more bitcoin that if it goes up by five dollars, I made a hundred times what I lost.

[MinerHQ]

the possibility is very small
maybe 0.1 %  

the bottom line is $200 and we will not see again uder $200

Yes 50$ may be difficult but 200 level can reach if any one bad news comes out about bitcoins.

[Febo]

What you will do if bitcoin price drops to 50$ and you have lots of bitcoin
and do you think that will happen in 2015 ?

It is possible that bitcoin drops to $50 even this year, but not for long. Price would get corrected fast. But possibility that this happen this year are really minimum.  In upcoming years possibility that happen is much much higher.

[rickadone]

Nothing to worry on this. Bitcoin has a strong community background. Price fluctuation is a common thing among
all the traded commodities. Bitcoin is not an exception from price fluctuations. Even the mining cost will keep
the price at current level. So, if it hit $50 level, then it will recover in minutes.

[flock123]

i still have trust, and i will buy bitcoin with every thing i own
if bitcoin has reached the price of $ 50
that's where we buy bitcoin time, I'm sure many are doing it, so as to make the price go up

[oblivi]

I don't even have 10, so It wouldn't be a catastrophe. I will just simply hold, and take advantage of the low price and buy more. Im here for the very long term anyway, I can wait 10 years to retire.
If I had more than 50 BTC invested tho.. that would be a very stressful situation. You either sell and think you are cutting losses to 0, or you sell right at the bottom where it starts raising again.

[zero01]

if the bitcoin price has reached $ 50, would not that be the ultimate sign of bitcoin.
at that bitcoin might be rarely used anymore, and there will be a new coin that replaced bitcoin

[lemipawa]

In my case, as soon as I see Bitcoin price reaches the $110 to $130 level, I will start selling my coins and put my money somewhere else. I will not wait for exchange rate to reach $50.

[Kartikay]

I would have sold all my bitcoins till this condition of bitcoins reaching $50 in value.

[leex1528]

If it keeps going down and down will we see the price going back up and eventually back to the 1,000 era?  Lots of people say that the 1000 era was a fluke and it won't happen again for a long time.  Anyone know why it is considered a fluke and thats it?

[dothebeats]

the possibility is very small
maybe 0.1 %  

the bottom line is $200 and we will not see again uder $200

In a market where bears are active, it is very much possible to go under what we deem as the 'bottom.' $200 and below is pretty much possible given the sentiment and the lack of current news and projects involving bitcoin. Also, the demand for bitcoin seemed to get a little bit slowed down compared to where it was weeks ago. Not a bear, but everything is possible in this kind of market.

[christycalhoun]

I have a feeling bitcoin won't go under 200ish anytime soon. If it drops to $50 i will buy some more.

[MinerHQ]

I would have sold all my bitcoins till this condition of bitcoins reaching $50 in value.

That is a good move when prices drop to certain level and you should sell it off and buy at lower level to reduce the losses.

[leex1528]

I have a feeling bitcoin won't go under 200ish anytime soon. If it drops to $50 i will buy some more.

Pretty much this.  Even if it does go to 50 dollars I think it will rise again.  I already missed out on Bitcoin once, I will not let it happen again, hopefully I will be able to buy some 50 dollar coins and be rich by the time its over.

[Insertion]

i dont think the price of btc drop in $50 dollars in 2015...
if price drop unfortunately i will never sell my bitcoin and will still wait to increase price.

[chichidori]

If that happens i will purchase with everything that i have in that time and cross my fingers hope that it will shoot the stars and become $1000/BTC again

[bitgolden]

i dont think the price of btc drop in $50 dollars in 2015...
if price drop unfortunately i will never sell my bitcoin and will still wait to increase price.

Yes I do the same, a true bitcoin believer would be happier if the price hit $50 even he already holds a lot of bitcoins. As long as people believe in bitcoin, no price fall would matter to them. They know when price will raise and when they need to sell their coins or when to use them.Over all, $50 is the very nice buying point.

[NorrisK]

Like many others I would buy more. However, the chance of this happening is so small (aside from maybe a flash crash on one exchange) it is better to just keep slowly increasing the holdings.

Anyhow, if 50, buy buy buy!