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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
setupbounds
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July 14, 2016, 06:36:25 AM
 #1501

If bitcoin drop in 1$ yahoooo ill buy all my earnings to keep it and i'll wait to get higher agian coz bitcoin has a potential that getting higher and higher.i hope that it will come true that the bitcoin drop in 1$. Many will cry but much more many will get happy if that happen. Many people now invest in bitcoin bcoz they know that bitcoin will getting up.
/


If bitcoin price dropped from 660$ to 1$ then there should be a solid reason that push bitcoin's to become zero  almost. And keep it mind if it happens then bitcoin take very long time to retain their importance in the market and it takes many years to reach price that is going today. So don't ever think that bitcoin will drop to 1$.

That's true, bitcoin will never go that low in future, and if it falls to $1 then many people will start loosing faith in it and would prefer to switch to something else.

Either people will quit bitcoin or they will prefer to buy as much as possible if price falls to $1, but after that bitcoin will take long time to rise again.
I don't think that bitcoin will take a long time just to rise again because if there's a lot of people who will buy bitcoin it will result for the stocks to be few and it will be a huge effect on price of bitcoin and just after a few days, bitcoin will start rising again and slowly going for $$$ again. If you ask me i will always prefer to buy bitcoin as much as i can if price falls to $1 Grin.

People who have faith in bitcoin will collect in bulk if price falls that low, but I don't think bitcoin will ever surrender to that price in future, now there is no looking back.
The problem is, however, there are just so many bitcoin loyalists that it the problem might actually be the supply since they are probably going to try to hoard them all, in hopes that bitcoin's value would rise up again. And if bitcoin's value did rise up again, then they'd be damn rich.
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July 14, 2016, 06:49:53 AM
 #1502

I would take advantage too in buying bitcoin for that amount. I will sell my stuffs which I'm not using anymore. I will continue spreading and promoting btc to my online friends so that it can move upward again. But nothing is forever, I'm willing to take the risk.

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July 14, 2016, 01:40:21 PM
 #1503

Will find the reason why bitcoin drop to $1 first and if the reason make sense or a lot people still interresting in bitcoin then I will buy it as much as I can. But I think its impossible for bitcoin to drop so deep in the near future.

If the reason is that something new have come i am sure I would not buy again, but rater sell my current stash.
But if it was just another pump and dump scene, well yeah it makes sense to buy again.
I think that I first would find out fast why the Bitcoin is that low and if it is legit and if know that the price is going to rise eventually.
If the price us not going to rise any more after that then it would not make sense to buy Bitcoin.
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July 14, 2016, 01:42:30 PM
 #1504

Will find the reason why bitcoin drop to $1 first and if the reason make sense or a lot people still interresting in bitcoin then I will buy it as much as I can. But I think its impossible for bitcoin to drop so deep in the near future.

If the reason is that something new have come i am sure I would not buy again, but rater sell my current stash.
But if it was just another pump and dump scene, well yeah it makes sense to buy again.
I think that I first would find out fast why the Bitcoin is that low and if it is legit and if know that the price is going to rise eventually.
If the price us not going to rise any more after that then it would not make sense to buy Bitcoin.

If price falls to $1 then many people will start buying it, which will take price again to a higher level not too high but it would be enough to make good profits.
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July 14, 2016, 01:48:43 PM
 #1505

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.
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July 14, 2016, 02:04:16 PM
 #1506

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
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July 14, 2016, 07:01:29 PM
 #1507

If bitcoin drop in 1$ yahoooo ill buy all my earnings to keep it and i'll wait to get higher agian coz bitcoin has a potential that getting higher and higher.i hope that it will come true that the bitcoin drop in 1$. Many will cry but much more many will get happy if that happen. Many people now invest in bitcoin bcoz they know that bitcoin will getting up.
/


If bitcoin price dropped from 660$ to 1$ then there should be a solid reason that push bitcoin's to become zero  almost. And keep it mind if it happens then bitcoin take very long time to retain their importance in the market and it takes many years to reach price that is going today. So don't ever think that bitcoin will drop to 1$.

That's true, bitcoin will never go that low in future, and if it falls to $1 then many people will start loosing faith in it and would prefer to switch to something else.
but i will lose trust on bitcoin. and i will try my best to keep away from bitcoin any more. because if the price fall to such level then there is no chance that it will ever arise again.
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July 15, 2016, 03:56:20 PM
 #1508

If Bitcoin dropped to $1 I will buy more Bitcoins in hope of a price Rise to earn more profit...
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July 15, 2016, 08:42:07 PM
 #1509

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
The Bitcoiner will change to fiat money because he won't see anything different in bitcoins he'll just think it is worthless and never use it again.
if Backup is needed then they'll just use there job wages instead of digital currency

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July 15, 2016, 09:21:39 PM
 #1510

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
The Bitcoiner will change to fiat money because he won't see anything different in bitcoins he'll just think it is worthless and never use it again.
if Backup is needed then they'll just use there job wages instead of digital currency
yes and i will also not use it any more. i think at that time the bitcoin will be consider as dead. so no one will like to invest in inactive coin. but my personal view is that it is difficult to happen so.
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July 15, 2016, 09:32:08 PM
 #1511

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
The Bitcoiner will change to fiat money because he won't see anything different in bitcoins he'll just think it is worthless and never use it again.
if Backup is needed then they'll just use there job wages instead of digital currency
yes and i will also not use it any more. i think at that time the bitcoin will be consider as dead. so no one will like to invest in inactive coin. but my personal view is that it is difficult to happen so.

Bitcoin is not dead untill the last few miners and hosted nodes get shut down. At $1 per coin I will buy as many coins as possible. With such a low market cap you can basically see your investment double in value in just a single day. There will always be money making opportunities. What others see as a failure, is seen as a great opportunity by smart people. Wink
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July 16, 2016, 03:49:47 AM
 #1512

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
The Bitcoiner will change to fiat money because he won't see anything different in bitcoins he'll just think it is worthless and never use it again.
if Backup is needed then they'll just use there job wages instead of digital currency
yes and i will also not use it any more. i think at that time the bitcoin will be consider as dead. so no one will like to invest in inactive coin. but my personal view is that it is difficult to happen so.

Bitcoin is not dead untill the last few miners and hosted nodes get shut down. At $1 per coin I will buy as many coins as possible. With such a low market cap you can basically see your investment double in value in just a single day. There will always be money making opportunities. What others see as a failure, is seen as a great opportunity by smart people. Wink

Buying would help with the rebound and bugs can be fixed. Overtime the price will rebound and if people are invested in BTC they most likely should be able to survive WITHOUT their investments anyways so if they sell out, when the prices rise again they'll most likely buy in again as an attempt to gain back what they lost. I would totally buy as much BTC as I can afford to.
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July 16, 2016, 04:03:04 AM
 #1513

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 will also buy more bitcoins @ $1 it will be a dream come true and fuck ETH. ETH is having unlimited coin supply so it will always decrease in price in future, but bitcoin having 21million coins cap will be safe heaven.

If price goes that low then people will go crazy for sure, either by panic or to buy as much as possible, it will depend on individual how he views and react to the situation.
The Bitcoiner will change to fiat money because he won't see anything different in bitcoins he'll just think it is worthless and never use it again.
if Backup is needed then they'll just use there job wages instead of digital currency
yes and i will also not use it any more. i think at that time the bitcoin will be consider as dead. so no one will like to invest in inactive coin. but my personal view is that it is difficult to happen so.

Bitcoin is not dead untill the last few miners and hosted nodes get shut down. At $1 per coin I will buy as many coins as possible. With such a low market cap you can basically see your investment double in value in just a single day. There will always be money making opportunities. What others see as a failure, is seen as a great opportunity by smart people. Wink

That is also I'm going to do and for sure I'm going to earn possible good income out of it. As long as bitcoin has price. Still the value is always there and if many people are going to buy a lot of bitcoins.
The demand of it is going to up again and the price is going to increase again.



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July 16, 2016, 04:39:26 AM
 #1514

I'd short it way before it got to 1$. Cheesy
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July 16, 2016, 05:18:07 AM
 #1515

I just left it in the wallet until it increased again.  Smiley
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July 16, 2016, 05:21:13 AM
 #1516

I just left it in the wallet until it increased again.  Smiley
Good idea.. but what if butcoin will not increase its price again and it continue to go down and down and dont have any chance to go up again?
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July 16, 2016, 05:25:08 AM
 #1517

I wish if it could get 1$ again then may be i will buy 500BTC atleast . I could not arrange more or would have bought 1000BTC and then wait and hope it reach the todays price again in some years and i would be millionarie.Oh man this is all just a dream
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July 16, 2016, 07:22:31 AM
 #1518

Its hard to make bitcoin price 1$ each. But it is possible, I will buy many of course and wait for the bitcoin price to get high and if i am satisfy of bitcoin price i will sell it immediately . I will sell all of my altcoins if that happened too



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July 16, 2016, 08:23:52 AM
 #1519

I will buy more if there is no problem to its technicalities but the price drop is just due to the nature of supply and demand. I will buy as much as I can because surely the price will go up again in the future but then maybe I will not be able to buy that much because people who have funds will buy any bitcoin available in the market.

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Ardenyham
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July 16, 2016, 08:34:17 AM
 #1520

I just left it in the wallet until it increased again.  Smiley
Good idea.. but what if butcoin will not increase its price again and it continue to go down and down and dont have any chance to go up again?

Do you think miners and bitcoiners will let this happen? I don't think so. bitcoin will never drop like this and don't reach to 1$ per bitcoins..

I wish if it could get 1$ again then may be i will buy 500BTC atleast . I could not arrange more or would have bought 1000BTC and then wait and hope it reach the todays price again in some years and i would be millionarie.Oh man this is all just a dream

Just sell one bitcoin today and wait for that day when bitcoin dropped to 1$ (which will never come) and buy 600 bitcoins with your one bitcoin's money. lolzz
you will surely become millionaire when bitcoin again reach to 1000$.
but if you sell your bitcoin and wait for price drop and price suddenly up to 1000$ to 2000$ then blame your self not me.
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