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

[n2004al]

if it does, then I will most likely buy more up to about 100 BTC.   lowering my average

I would buy all the Bitcoins I can afford

Too much optimism, I'd say. What if the scenario below happened?

Say most of the major investors and people sold out their coins, and there's no one left but a few couple hundred people who holds btc thinking that somehow it will go up again, Would you be glad and proud that you belong to the thriving and the remaining people of the community of bitcoin or will you have big regrets in the end? Just wondering.

no regrets, and I see Bitcoin as an investment.  If it fails, then it fails, just like other stocks that I invest in.

Its more than that, bitcoin is not just an investment, its the only hope that humanity has to escape from the burdens of economic totalitarianism.

If bitcoin fails, then humanity will fail. And we will be robbed from all our wealth. So the existance of bitcoin is very important.

Fatal words. I see that you are a big bitcoiner but a resident in one other world. Because for sure our world will not finish if bitcoin will fails. Bitcoin is only one currency (yet not accepted or ignored from the most of world after 6 years of life that is to much if this invention it would be so important) which is created by one disruptive technology (which is so revolutionary that can change to many others currently in use). This technology has produced other hundred coins like bitcoin and maybe will create the double of those in the years to come. This technology will be followed by another (maybe after 100 years) much better than that and which will have the same role like this about which we are talking. Only that. The life and the humanity are totally another thing.

I could say you are right, if circumstances were different. However we dont have enough time to try another crypto.

The global economic meltdown is around the corner, and we wont have another 7 years to jump on another bandwagon of crypto.

If bitcoin fails, we will probably lose 100 years of economic development.

I wouldn't be again so fatalist but this time I agree with you in one thing: bitcoin is a great invention. For the other words I can tell that you love so much bitcoin and this make you think and write about it with superlatives. I cannot do nothing to "bring in earth" regarding it but can tell you that I can be fully agreed with if in the bold sentence the word "bitcoin" will be "technology which have invented bitcoin". In other words. it is important the technology which has invented bitcoin and without that we can remain maybe 100 years back. Bitcoin is one of the products of this technology (the first) and is important mostly and primarily for the fact that show (showed at the first times) that this technology can be applied. So it was not only only theory and will be not only a theory.

[knowhow]

Bitcoin may die but technology from blockhain wont die as all already know banks are working into a private blockhain to moove money between them,soo we wont return 100 years .The road is to use it and advance more and more,there is no limit when we talk about the technology

[cellard]

Bitcoin is not going anywhere. No one is going to come up with solutions that cannot be achieved within Bitcoin itself. Stop the fatalism, i think it's a bit childish to scream doomsday only because you aren't a millionaire yet. Give it more time. The 2013 bubble was a massive mixture of hype and manipulation. When the real value of Bitcoin gets understood out there by big money and the masses, then we'll see some serious stuff. But until then, it's time to keep collecting Bitcoin like the rarest Pokemons while it's still easy.

[n2004al]

Bitcoin may die but technology from blockhain wont die as all already know banks are working into a private blockhain to moove money between them,soo we wont return 100 years .The road is to use it and advance more and more,there is no limit when we talk about the technology

Right but partially. It is everything true about the technology and about its importance and power. But not true the expression in bold. Bitcoin will never die because is the first product of this technology which has proven that it is not only a theory but even practice. The invention of bitcoin and the materialization of it making it a real product of the technology showed that there can be made applications from it. So it have real value and only theoretical one. For this as a first child og its mother bitcoin will be protected exactly like one mother protect his first child. In many mothers the first child is the most loved and the most important of all the others. This can increase more the protection.

[1Referee]

I'll keep holding my coins till its value drops to below $1, and then I still won't sell them. I am in Bitcoin for the very long term. My coins will get either worth a lot or end up being worthless. I'll wait it out 

[sana9821]

i would buy more coins and hold it because i believe that one day its price will rise sharply to 1200 dollars and even more each bitcoin is the money of future

[Lazada]

I will keep it. and issued if the price up. I believe bitcoin the longer it will become increasingly expensive. the decline is only temporary.

[coinzat]

If that happen it will be a huge loss so for me I will sell all what I have to stop this losing because if bitcoin reach that low price all people will sell their coins and the price will fall

[Clint]

If that really happens, even though I don't think it will, I will lose all my trust in bitcoin. But since I don't own a lot, it wouldn't affect that much.

[n2004al]

If that happen it will be a huge loss so for me I will sell all what I have to stop this losing because if bitcoin reach that low price all people will sell their coins and the price will fall

This is a big wrong opinion or conviction. I can assure that most people will buy bitcoins and I can assure more than the first assure of this sentence that at least me wouldn't sell my bitcoins. So at least will be one one person which would did not sell its bitcoins. That make your opinion "all the people" useless.

[mordekaiser]

and do you think that will happen in 2015 ?

I would buy some more, and keep it I know time will come that the price of it will rise again.

[Triple]

and do you think that will happen in 2015 ?

I would buy some more, and keep it I know time will come that the price of it will rise again.

IF* they rise up again

[eternalgloom]

I would probably end up buying a whole lot of bitcoins and keep my current ones.
Hoping the price would rise again due to people buying loads of coins.

[knowhow]

Bitcoin has a future and there is already near to make 7 years of a project that someone made it real ,soo i know interest of bitcoin will always cover the real value of it,most of us would left bitcoin at 50 dollars ,those would make mining farms stop mining,atleast they should.Soo a ended mining time would be the time of supply and demand,but pretty sure real believers would buy the more bitcoin as they could ,knowing that bitcoin has a future ahead and those 50 dollars could easy reach 200 dollars or above it in short time.

[Wapinter]

Bitcoin has a future and there is already near to make 7 years of a project that someone made it real ,soo i know interest of bitcoin will always cover the real value of it,most of us would left bitcoin at 50 dollars ,those would make mining farms stop mining,atleast they should.Soo a ended mining time would be the time of supply and demand,but pretty sure real believers would buy the more bitcoin as they could ,knowing that bitcoin has a future ahead and those 50 dollars could easy reach 200 dollars or above it in short time.

If mining farms stop working,wouldn't it increase the confirmation time too?.Less miners mean less production of bitcoin which in turn can create less supply.As a simple demand and supply law teach us,a limited supply can push up the prices

[x_Molotov]

Sell em!



Joking.

I would wait until the price goes up again, or I would let them rot if BTC died.
Nice memoir for the future kiddos.

[dloghwak]

I would load up the second truck.

[knowhow]

The thing is most of us would invest thousands at bitcoin at 50 dolalrs expecting it to return to 200 or goes aboves,this happened after bitcoin hits 1000 dolalrs ,whe the first dump camed ,several bought at 600 and 700 dollars,expecting to get a return in a short time and well it fail again,soo its a kindy risky but well the reward can be bigger.

[RealBitcoin]

The thing is most of us would invest thousands at bitcoin at 50 dolalrs expecting it to return to 200 or goes aboves,this happened after bitcoin hits 1000 dolalrs ,whe the first dump camed ,several bought at 600 and 700 dollars,expecting to get a return in a short time and well it fail again,soo its a kindy risky but well the reward can be bigger.

It has low probability of happening but I would rather phase out in Litecoin or other coins that would rise in conjunction.

I would not sell out in fiat, that would be capitulation. Nor I would buy more, i would just wait for LTC price to rise or NXT probably.

[bitgolden]

I would load up the second truck.

Yes. That's the actual effect if price of one bitcoin hit $50 level. It's the biggest buying chances for everybody who missed about 2 years back. So, it's virtually we are taken by a time machine by two years. So, price will jump to back as normal levels in matter of hours.