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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
nururochac
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July 12, 2016, 11:30:20 AM
 #1461

If bitcoin dropped to $1 i would buy lots of bitcoin because i know if there is a drop also there is a rise. And i will wait the best time to sell all the bitcoin to gain huge profit. But this is not would happen because the demand of users is continuous going to rise due to massive adoption of people in bitcoin it would help to increase the price.
NOPE. It is not always like that, if bitcoin dropped to $1 then expect it to be dead. Ask yourself, why bitcoin drop that low? There must be something really worst happen.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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July 12, 2016, 11:40:10 AM
 #1462

I hold on to my bitcoins until its last minutes. I will just buy more and wait for the price to increase.  I'm gonna invest again in bitcoin. Bitcoin is alive for years overcoming problems so I thought the dev will do the same again

If that happens I'm going to buy as many as I want bitcoins I'm going to take advantage it just like bitcoin play backwards from its earlier days.
And that's going to increase again suddenly so that's why I'm going to buy and hold it for a long time.

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July 12, 2016, 11:44:24 AM
 #1463

It Bitcoin dropped to $1 I would think that this would be kinda like dropping ur phone. It it shitty but in the end u work hard and get another one. So Bitcoin will then re-rise and everything will be quite smooth and tender for u.

~CfA~

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July 12, 2016, 11:45:58 AM
 #1464

i don't think that is ever possible these days bitcoin is being used by billions of users throughout the world so it  is constantly being transferring every second, people are trading it by spending their precious time and even big name company's are accepting it as a payment so how will it go bank to 1$. even bitcoin price crashed for some reason then also i don't think it will ever go to 1$ this is insane.

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July 12, 2016, 12:12:15 PM
 #1465

i don't think that is ever possible these days bitcoin is being used by billions of users throughout the world so it  is constantly being transferring every second, people are trading it by spending their precious time and even big name company's are accepting it as a payment so how will it go bank to 1$. even bitcoin price crashed for some reason then also i don't think it will ever go to 1$ this is insane.

Of course we all know that it is impossible but of course as it is just getting our thoughts by op if what happened in that scenario.
I'm really going to take advantage and invest some my savings into if that really happens.

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July 12, 2016, 12:15:14 PM
 #1466

i will think about buying more and more bitcoin but i am afraid maybe it will not gonna rise again if it somehow reached $1 and minners will stop mining , most users will leave bitcoin
happybitcoinph
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July 12, 2016, 12:18:54 PM
 #1467

Of course we all know that it is impossible but of course as it is just getting our thoughts by op if what happened in that scenario.
I'm really going to take advantage and invest some my savings into if that really happens.

Yes that will never going to happen since a wise trader will take advantage of that price decrease.

But if ever that will happen, it's really a RIP for this currency.

Why? From let's say $650 price today then going back to $1, meaning all big people get out of this currency so no way it can bring up to it's high price value.
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July 12, 2016, 01:07:05 PM
 #1468

I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
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July 12, 2016, 01:20:32 PM
 #1469

I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
Lol what if bitcoin prices fall back to $ 0.5? is not it possible? your money would be reduced by 50% I think you should be careful before buying

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July 12, 2016, 01:23:31 PM
 #1470

That is not very likely but in.case that it happens I would buy as many Bitcoins as I could and hope that the price will rise again.

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July 12, 2016, 01:27:47 PM
 #1471

I wait until it reach 0.1$
DoublerHunter
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July 12, 2016, 02:41:07 PM
 #1472

I wait until it reach 0.1$
To be honest that $1 would be the cheapest price of bitcoin that could happen. If you don't take that opportunity and wait for more days, i think you will regret it because that's not gonna happen because IMO if the price would reach to $1, many people will put almost their money just to buy some shares of bitcoin and it will result for a huge price increase and therefore you can't buy bitcoin at $1 price anymore. Think twice Smiley.
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July 12, 2016, 03:02:42 PM
 #1473

I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
Thats right buying in cheaper price is the best thing to do if bitcoin drop to 1$. but just like others say thats impossible to happen because the users of bitcoin are quite growing now.

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July 12, 2016, 05:23:13 PM
 #1474

I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
Thats right buying in cheaper price is the best thing to do if bitcoin drop to 1$. but just like others say thats impossible to happen because the users of bitcoin are quite growing now.
yes that is a fact that bitocin cannot drop to 1 USD. but perhaps it happen then i think its not a dropping of bitcoin. i think it will be end of bitcoin and at that stage no one will be willing to buy more and more bitcoin. they will lose their confident of buying bitcoins.
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July 12, 2016, 09:49:28 PM
 #1475

I would buy as many Bitcoins as possible because if the price is going to up after that you can make much money with them.
If you buy a thousand of them and the price rises to $2 you already doubles your money.
Thats right buying in cheaper price is the best thing to do if bitcoin drop to 1$. but just like others say thats impossible to happen because the users of bitcoin are quite growing now.
yes that is a fact that bitocin cannot drop to 1 USD. but perhaps it happen then i think its not a dropping of bitcoin. i think it will be end of bitcoin and at that stage no one will be willing to buy more and more bitcoin. they will lose their confident of buying bitcoins.
Why would people lose their trust to the bitcoin,can you tell me some reason you can find out?
Because i actually cannot,i mean it is always possible to lose trust to any assets,and it is happening sometimes to anything,
but i dont think we may see that big coin dump,and event so scary for investors,that bitcoin will fall back to 1$.
Also i would like to know why do you think that anybody would be willing to buy more bitcoins,you think that some other altcoin will take the market of btc?
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July 12, 2016, 10:58:04 PM
 #1476

Exactly what the title says.

If bitcoin dropped to the price of a dollar (which we hope it never will), what would you do? Buy more and hold, sell? Buy a promising altcoin like ETH?

I personally would buy more bitcoin.

I'd sell my flying pig and by a bunch of $1 bitcoin.
Breakfastchief
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July 12, 2016, 11:05:59 PM
 #1477

If bitcoin dropped to a dollar, I'd do some research as to why. If I felt comfortable that it would survive, I'd buy as much as possible in a heartbeat.
anzel2002
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July 12, 2016, 11:23:19 PM
 #1478

If bitcoin dropped to a dollar, I'd do some research as to why. If I felt comfortable that it would survive, I'd buy as much as possible in a heartbeat.

Will do this

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July 13, 2016, 12:36:04 AM
 #1479

If bitcoin dropped to a dollar, I'd do some research as to why. If I felt comfortable that it would survive, I'd buy as much as possible in a heartbeat.

Will do this

This is what I'm going to do to. It is better not to do such things without assurance, it is better if you are going to research first.
And that is a good move if we think and have some insights that people who are experts with bitcoin is going to see that bitcoin.
Is going to survive when the price reaches that.



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[15.00000000 BTC]


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Rainbot
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July 13, 2016, 02:29:49 AM
 #1480

if that happens there will be still a chance that it will be cents. So, its still a risk to buy bitcoin if the price drop to 1$ but i saw the the oppurtunity of bitcoin to gain money well for me i will buy many bitcoin :3
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