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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)
Supercrypt
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October 27, 2015, 05:46:00 PM
 #221

i would most definitely buy more bitcoins then as i dont have too much now

Yes.Already when bitcoin hit below $200, it did not sustain there even for a full trading session in most of the exchanges. It means the actual worth of one bitcoin is more than $200 based on current mining competion. So, $50 level are highly impossible price for bitcoin to reach. Now are moving towards $350 levels.
pereira4
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October 27, 2015, 07:24:53 PM
 #222

Will never happen. WE got tons of millionaires on this ship, they will never let it drop below anything we haven't seen in the past months. This was the last time to get anything below 200 dollars. Too much stuff going on right now to leave the price slide down the sub 200 path again. Sorry for the guys that didn't buy yet.
Ninjaskills
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October 28, 2015, 07:37:56 AM
 #223

I will keep save it, someday will surely prices will rise again, as technology continues to evolve
Kevin77
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October 28, 2015, 05:03:34 PM
 #224

I will keep save it, someday will surely prices will rise again, as technology continues to evolve

Holding lot of bitcoin, when it hit lower price is the big chances to double your amount of bitcoins. People are willing new bitcoins when the price get lowers. So it is not wrong if you buy even you already have enough number of bitcoins. I guess that would be a nice situations to double our hoarding.
Ninjaskills
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October 30, 2015, 07:33:14 AM
 #225

I will keep save it, someday will surely prices will rise again, as technology continues to evolve

Holding lot of bitcoin, when it hit lower price is the big chances to double your amount of bitcoins. People are willing new bitcoins when the price get lowers. So it is not wrong if you buy even you already have enough number of bitcoins. I guess that would be a nice situations to double our hoarding.

yeah like strategy with martiangle, although still buy even you already have much bitcoin,
as bitcoin prices will surely rise again
MinerHQ
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October 30, 2015, 09:18:13 AM
 #226

I will keep save it, someday will surely prices will rise again, as technology continues to evolve

Yes, prices may not go back to that 50 level but I think there will be a some correction in price sooner or later for sure.
Pyr3x
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October 30, 2015, 09:25:51 AM
 #227

I would start buying more bitcoin as soon as possible. The more I have the better even if they are only worth $50.

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davinchi
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October 30, 2015, 01:23:10 PM
 #228

I would start buying more bitcoin as soon as possible. The more I have the better even if they are only worth $50.

Lot of bitcoins holder must a be aearly adopter, he must know why the price falls, So, there is no point of panic. And more over, the early adopters must have bought bitcoin for very less price than $50. So, they will be happier to buy more. A buying opportunity for a early adopter must be a expected one.
traderbit
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October 30, 2015, 01:30:11 PM
 #229

I still have trust, and i will buy bitcoin with every penny that i own.
This sentence is a bit tricky, but still i will trust bitcoin even if the price gets down.
At least i will not sell it, and will wait until the price get higher as it is today.

davids
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October 30, 2015, 02:50:23 PM
 #230

I will keep it and and just hope for the best. No reason to sell at $50
Proxiebuier
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October 31, 2015, 01:56:23 AM
 #231

bitcoin is strong
we never back to under $200 again Smiley

look at bitcoin price now, bitcoin will be up to the moon moon and moon
dollarneed
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October 31, 2015, 03:00:50 AM
 #232

Now price for each 1 bitcoin is $329 iam quite sure that price would not drops to $50 in this year, i wish the price keep going up, but if i have a lots of bitcoin, i would sell all of my bitcoin before price was $250 and buy it again when the price was $50,buy low and sell high is the key.
pumawolf
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October 31, 2015, 03:05:42 AM
 #233

i would sell  my kidney  and my kid. " dont fret   , papa is going to buy u both back"
Ninjaskills
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October 31, 2015, 06:22:45 AM
 #234

I will keep save it, someday will surely prices will rise again, as technology continues to evolve

Yes, prices may not go back to that 50 level but I think there will be a some correction in price sooner or later for sure.
if there is still market demand I'm sure the prices will be back,
bitcoin price ever drops to $ 180 i forget what year, but now bitcoin come back to $330

up more than 150$
kostya.ash
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October 31, 2015, 06:28:29 AM
 #235

bitcoin is strong
we never back to under $200 again Smiley

look at bitcoin price now, bitcoin will be up to the moon moon and moon
no one is certain of the bitcoin price dude, whenever the price of bitcoin could go down
thats why bitcoin is not suitable for long-term investment, because the price is very volatile
Ninjaskills
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November 01, 2015, 10:57:06 AM
 #236

i would sell  my kidney  and my kid. " dont fret   , papa is going to buy u both back"
I am a little bit confused by these words?
what is the relationship with " if bitcoin price drops to 50$ and you have lots of bitcoin "
zodiac3011
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November 02, 2015, 01:54:46 PM
 #237

If bitcoin price drops to $50, the price of everything converted to bitcoin is easier to calculate without some kind of calculator LOL so I will use bitcoin as often as I could and I will dump it till it gets to the price like $10 so no more zeros and a lot of numbers  Grin
justbitcoins
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November 02, 2015, 04:08:08 PM
 #238

In a few years, the price of drop is nothing in percentage terms. I still do not want the price to drop too much though.
neurotypical
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November 02, 2015, 04:31:50 PM
 #239

If the price ever goes to 50$ again (which is looking more and more increasingly impossible daily) there will be a massive panic buying rally by anyone that didn't have 1 BTC yet, because on the back of everyone's mind 1 BTC will still be something very desirable, and the temptation to buy it at 50 USD will be way to strong to let it fall. I myself would buy like 10 BTC at once if it went that cheap.
Pierre 2
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November 02, 2015, 04:39:08 PM
 #240

I guess I would sell all my bitcoins. Sorry guys. There is always trust limit on somewhere.
Would you like to lose money while you know it is hard, not to lose?
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