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knowhow
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October 13, 2015, 09:21:26 PM |
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Well one thing i learned at crypto world is that everthing may happen anytime,sometime ago no one would say it could crash back to 200 dollars and that happened from the 300 dollars.
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Hugroll
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October 13, 2015, 09:24:03 PM |
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i would still have trust, but i woudn't sell all my real life things just to get more bitcoin. it is a good time to buy however, so id purchase about 20 btc or so and hope the price goes up fast
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smith coins
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October 13, 2015, 09:32:44 PM |
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If i could choose two options then i would select the last two.
I still have trust, and i will buy bitcoin with every thing i own && I will keep my bitcoins in my wallet.
Everyone at that period of time would think that the bitcoin price could go deeper low so i would stay there.
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bitart
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October 13, 2015, 09:51:45 PM |
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Price of bitcoin won't drop to 50 in a secon I think. It would be a longer time, and it means that most people will start to sell in case the price starts to decrease. If the price will get to 50 and will stop there, it means that more and more people start to buy again if price reaches a predefined level in their strategy. If buyers are enough to stop the price falling, it can gain more and more buy again and can start price to go up again. But if they are not enough to stop the price falling...
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gon
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October 14, 2015, 10:25:29 AM |
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if bitcoins drop to that price ill still support bitcoin no matter what happens good or bad times
but i think itll never drop too low like that but i know it could drop upto $150 price only
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Denker
Legendary
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Activity: 1442
Merit: 1014
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October 14, 2015, 10:31:36 AM |
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I said it once.If nothing weird is found in code, something irreversible, so that it could be fixed, or this cheap price would be the cause of strong manipulation, I would buy as much coins I could afford. I really believe in this decentralized version of Blockchain technology and Bitcoin as it's universally usable value token that a short hard crash of price wouldn't break my optimism for long term success.
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neochiny
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October 14, 2015, 10:32:53 AM |
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what will i do if bitcoin price drops to $50?
well i will still trust bitcoins.. since i have no choice to it anymore.
if i will sell it all.. then the lost will be bigger and theres,
no more chance for me to take t back. but when i still trust it.
theres still chance to go up and take back all my investments to it.
but ofcourse i will be very nervous in that time.
cause a lot of sites will collapse at that time.
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bitart
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October 14, 2015, 08:41:01 PM |
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I think the thread would be totally different if BTC price was about 150 instead of 250 (roughly)  I don't know if people would be so relaxed about the future of bitcoin if we could see the price falling rapidly from 250 to 150 anyway. Also I'm sure that all the people would be more exited about the BTC price if it was about to reach to 400 |
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Mickeyb
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October 14, 2015, 08:47:16 PM |
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I said it once.If nothing weird is found in code, something irreversible, so that it could be fixed, or this cheap price would be the cause of strong manipulation, I would buy as much coins I could afford. I really believe in this decentralized version of Blockchain technology and Bitcoin as it's universally usable value token that a short hard crash of price wouldn't break my optimism for long term success.
Yes it depends. If a whale would come and unloaded for no reason, I would just buy. On the other side if some irreparable error was found in code or something like this, then I would think twice about buying some more. I would probably sell what I got instead. It just depends. |
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knowhow
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October 14, 2015, 09:13:05 PM |
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Well sometime ago when i found bitcoin i had bought it to invest at some projects,after the project turned into scam i had roi,atleast thoses,i just get my bitcoin for free,meaning i use faucets,captchas and signature campaing on free time,sure that im motivated to do those because value of 250 dollars but i would keep doing even it were worthing more ,before this forum i were at ptc and surf websites now inloved with bitcoin earning online.
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Cereberus
Legendary
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Activity: 910
Merit: 1000
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October 14, 2015, 09:21:28 PM |
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I highly doubt this will happen since there are alot of holders and going that far below norm is not possible unless Russia does attack the USA. So no.
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knowhow
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October 14, 2015, 10:00:06 PM |
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I highly doubt this will happen since there are alot of holders and going that far below norm is not possible unless Russia does attack the USA. So no.
Never say never ,everything may happen into the crypto world,bitcoin were traded at some bucks now worthing much more,who knows if someone find some problem at bitcoin that no one has saw till the moment?And if those person expose the proble, what do you think the market will react to a big problem on the bitcoin? |
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gentlemand
Legendary
Offline
Activity: 2590
Merit: 3013
Welt Am Draht
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October 15, 2015, 03:13:04 AM |
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Never say never ,everything may happen into the crypto world,bitcoin were traded at some bucks now worthing much more,who knows if someone find some problem at bitcoin that no one has saw till the moment?And if those person expose the proble, what do you think the market will react to a big problem on the bitcoin?
If there's fatal flaw that's left gaping then it's gonna go way further down than $50. Depends on whether it's patched in secret or is discovered in public. I wouldn't trust your average holder to wait for a cure. |
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Amph
Legendary
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Activity: 3206
Merit: 1069
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October 15, 2015, 07:44:05 AM |
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I highly doubt this will happen since there are alot of holders and going that far below norm is not possible unless Russia does attack the USA. So no.
what russia has to do with usa? it's not like bitcoin is in usa, attaccking usa, would not do anything 50 price would set off an enourmous panic buy that will prevent from falling further, this would be the reason why below 100 it's very hard to fall |
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Cereberus
Legendary
Offline
Activity: 910
Merit: 1000
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October 15, 2015, 06:01:27 PM |
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I highly doubt this will happen since there are alot of holders and going that far below norm is not possible unless Russia does attack the USA. So no.
what russia has to do with usa? it's not like bitcoin is in usa, attaccking usa, would not do anything 50 price would set off an enourmous panic buy that will prevent from falling further, this would be the reason why below 100 it's very hard to fall That would be a major catastrophe and as in the history of bitcoin whenever something of significance happens the price falls. Most innovation of bitcoin has come from the US. |
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traderbit
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October 15, 2015, 07:54:33 PM |
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I would try to calm down my self and hope for the best.
The price can be increased to $1,000 or it can be decreased to $50.
I would not sell them, but will hold even if they get until the end.
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StevenLiang
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October 16, 2015, 12:59:56 PM |
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A lot people will hold their BTC forever.
Or logically, they already convert their BTC first to the other "investment" before the prive drop to 1 BTC = 50 USD
And it's not easy like that to make BTC price drop.
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Triple
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October 16, 2015, 02:16:59 PM |
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A lot people will hold their BTC forever.
Or logically, they already convert their BTC first to the other "investment" before the prive drop to 1 BTC = 50 USD
And it's not easy like that to make BTC price drop.
I don't think A LOT of people will hold on to their coins forever. Most people will base it off speculation and once they see people are losing faith, then they will dump their coins immediately. |
Available for Rent - 25 Posts $100/Week. PM me
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jt byte
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October 16, 2015, 02:47:12 PM |
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A lot people will hold their BTC forever.
Or logically, they already convert their BTC first to the other "investment" before the prive drop to 1 BTC = 50 USD
And it's not easy like that to make BTC price drop.
I don't think A LOT of people will hold on to their coins forever. Most people will base it off speculation and once they see people are losing faith, then they will dump their coins immediately. I think that the most bigger holders are those who joined bitcoin at the first 1-2years. AS the bitcoin was very cheap by that time, those people can hold 'forever'. Personally i would not make panic, but i will see how altcoins price will change. |
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knowhow
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October 18, 2015, 06:32:46 PM |
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Bitcoin is like us humans,when we got sick we search the problem and the doctor to try to handle the problem.If bitcoin goes down to 50 dollars most of us will invest a bit more on it ,but will search first why it lost such value ,to know if it can maybe recover or not,for other side bitcoin being worthing soo low will stop miners instant,and maybe would kill all crypto since most coins are compared to it.
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