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Question: lets say that you have lots of bitcoin and the price keeps dropping till it reached 50$ what you will do.  (Voting closed: August 31, 2015, 02:33:07 PM)
i lose trust, sell every thing that i have - 3 (9.4%)
i lose trust, but i will see - 2 (6.3%)
i still have trust, and i will see - 1 (3.1%)
i still have trust, and i will buy bitcoin with every thing i own - 16 (50%)
i still have trust, and i will keep my bitcoins in my wallet - 10 (31.3%)
Total Voters: 32

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Author Topic: What you will do if bitcoin price drops to 50$ and you have lots of bitcoin  (Read 15876 times)
RealBitcoin
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November 02, 2015, 08:15:15 PM
 #241

Its almost 500$ now, i find it very hard to imagine it will go to 50$.

Bitcoin is heading to the moon Cheesy

Amph
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November 03, 2015, 08:11:49 AM
Last edit: November 03, 2015, 09:52:08 PM by Amph
 #242

Its almost 500$ now, i find it very hard to imagine it will go to 50$.

Bitcoin is heading to the moon Cheesy

it's no where near 500, not even 400, where are you looking at?

this thread is useless, it was created in the long despair phase that hit bitcoin, and we all know, the despair phase is gone, we are in "return to the mean" now
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November 03, 2015, 08:13:54 AM
 #243

I think, this situation will never comes ever. But if gone possible, i will die !!  Grin
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November 03, 2015, 07:50:38 PM
 #244

Its almost 500$ now, i find it very hard to imagine it will go to 50$.

Bitcoin is heading to the moon Cheesy

is no where near 500, not even 400, where are you looking at?

this thread is useless, it was created in the long despair phase that hit bitcoin, and we all know, the despair phase is gone, we are in "return to the mean" now

He might be referring to the Canadian exchange rates Amph as cavirtex is treading around $500 CAD at present, the prices have diverged quite a lot due to the oil market declining even though they were 1:1 for quite some time so people may miss that.

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justbitcoins
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November 04, 2015, 06:31:55 AM
 #245

Its almost 500$ now, i find it very hard to imagine it will go to 50$.

Bitcoin is heading to the moon Cheesy

If there is a major flaw found in bitcoin or blockchain technolog, the price could drop below $10 or lower. However, bitcoin will correct itself and evolve.

The price will go higher in long term.
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November 04, 2015, 06:33:46 AM
 #246

i will hold and wait.
If this happen, i know it will not last for long. bitcoin will never die!!
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November 04, 2015, 06:46:22 AM
 #247

I would sell my all bitcoins far before it ever hits $50.
and i don't think it will ever hit $50 because of difficulty rising and people buying some serious bitcoins now. Cheesy

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November 04, 2015, 07:25:22 AM
 #248

if that happen i still have trust, and i will buy bitcoin with every thing i own and wait until the price rise again

because i do believe even though bitcoin will down to $50 the price will rise again soon
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November 04, 2015, 08:36:24 AM
 #249

i will keep and wait. have hope.
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November 04, 2015, 08:46:33 AM
 #250

Its almost 500$ now, i find it very hard to imagine it will go to 50$.

Bitcoin is heading to the moon Cheesy

it's no where near 500, not even 400, where are you looking at?

this thread is useless, it was created in the long despair phase that hit bitcoin, and we all know, the despair phase is gone, we are in "return to the mean" now
Never mind! In the bull market the sentiments turn to positive no matter how bad the news is! Ppl are still buying it! Every ppl are making profits and happy!
HarryKPeters
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November 04, 2015, 12:19:47 PM
 #251

I count that eventually it will decrease in price. As said the sentiments are good, but remember.. what goes up... must go down.

50 USD would be terrible, let's hope i have sold it at least 350 usd  in cas that happends. If not not i will hold my precious.

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November 04, 2015, 01:00:34 PM
 #252

now i save some of my fiat , Im not sure bitcoin will be down to $50
but If bitcoin price down to $50 i will spend all of my money to buy bitcoin
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November 05, 2015, 07:57:02 AM
 #253

if that happen i still have trust, and i will buy bitcoin with every thing i own and wait until the price rise again

because i do believe even though bitcoin will down to $50 the price will rise again soon
Past market trends have proven that after the $50 mark the price of bitcoin has seen exponential growth. Buying a bulk and waiting has seen many people earn multifold on their investment with a lesser amount of risk involved.
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November 05, 2015, 09:13:42 AM
 #254

Even if it does, I'll definitely buy more before the halving and sell it all at the next breakout.
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November 05, 2015, 09:56:26 AM
 #255

I will hold what I have and continue accumulating.Why? Because I believe in Bitcoin and it's future success.
Furthermore I'm in for the long run.That means many years.Things will change.It just takes time and you need to have a long breath for that.
And if should not succeed, well it was worth a try and I won't regret it.
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November 05, 2015, 10:01:21 AM
 #256

Simple. I would buy a huge load of coins and just wait for the storm to calm down. I believe in Bitcoin. If others do as well, it has no other option than going up again. A fact is that long term holders will always get rewarded for their patience and dedication.
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November 05, 2015, 10:03:25 AM
 #257

and do you think that will happen in 2015 ?

I don't think that the price of Bitcoin may drop to $50 in 2015, but many people would be happy if it will. They will buy as many Bitcoins as they can at $50 because we all know that $500 by the summer 2016 is inevitable.

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November 05, 2015, 02:40:52 PM
 #258

If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..
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November 05, 2015, 03:32:15 PM
 #259

If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..

That is the right thing to do, if price drops to $50 rather then selling it, it would be the best time to buy more and more bitcoins as we have faith in bitcoins and it can go higher in coming years as the future is unpredictable anything can happen in the future, So I would still trust bitcoins and will invest my money in buying bitcoins rather then selling it  Grin
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November 05, 2015, 06:04:04 PM
 #260

If the price of Bitcoin falls to $ 50, I will sell half of what I have and I will be buying, buying and buying. I do not expect ever to the future price of Bitcoin will approached $ 250 ..

That is the right thing to do, if price drops to $50 rather then selling it, it would be the best time to buy more and more bitcoins as we have faith in bitcoins and it can go higher in coming years as the future is unpredictable anything can happen in the future, So I would still trust bitcoins and will invest my money in buying bitcoins rather then selling it  Grin

It might be the right thing to do.  What if Bitcoin had a major security flaw and it was crashing and burning, I am quite sure you wouldn't be buying then.  As a matter of fact I don't know if I would buy if it hit $50 dollars.  At that point many people might start getting out of the game and if it goes much lower, I don't think Bitcoin would survive.
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