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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
Superbitzz
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July 16, 2016, 09:30:49 AM
 #1521

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.
do you thin that if the price of bitcoin will raised to 2000$ do you people will be able to trade it at such a high price. i dont think so. i think at that time people will stop buying it again.
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July 16, 2016, 09:32:56 AM
 #1522

If Bitcoin dropped to $1 I will buy more Bitcoins in hope of a price Rise to earn more profit...

The expectations are definitely also I want it and I certainly will be doing what you do, but before I do so, I will first look at the conditions of the situation about the bitcoin. If indeed the situation bitcoin is not experiencing a bad thing then I'll do my best
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July 16, 2016, 11:39:35 AM
 #1523

If Bitcoin dropped to $1 I will buy more Bitcoins in hope of a price Rise to earn more profit...

The expectations are definitely also I want it and I certainly will be doing what you do, but before I do so, I will first look at the conditions of the situation about the bitcoin. If indeed the situation bitcoin is not experiencing a bad thing then I'll do my best

maybe I'll try the same thing as happened in altcoins. will buy as much as possible. when the price dropped so low and it bounced back, then I sell at high prices and earn profits 10 BTC. experience that really can not be forgotten Cheesy

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July 16, 2016, 11:47:31 AM
 #1524

If Bitcoin dropped to $1 I will buy more Bitcoins in hope of a price Rise to earn more profit...

The expectations are definitely also I want it and I certainly will be doing what you do, but before I do so, I will first look at the conditions of the situation about the bitcoin. If indeed the situation bitcoin is not experiencing a bad thing then I'll do my best

maybe I'll try the same thing as happened in altcoins. will buy as much as possible. when the price dropped so low and it bounced back, then I sell at high prices and earn profits 10 BTC. experience that really can not be forgotten Cheesy
Yes we have to take that opportunity to buy and hold it because when the value goes up again we can earn for sure. thats the good idea to do when the price drop to 1$.

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July 16, 2016, 05:39:19 PM
 #1525

It will only drop if the buyers are few only,.. And if ever that happen  there is some other altcoins currency that we can still use it aside from bitcoins, like eth, ltc,xrm, and etc. Wink
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July 17, 2016, 04:25:42 PM
 #1526

If Bitcoin dropped to $1 I will buy more Bitcoins in hope of a price Rise to earn more profit...

The expectations are definitely also I want it and I certainly will be doing what you do, but before I do so, I will first look at the conditions of the situation about the bitcoin. If indeed the situation bitcoin is not experiencing a bad thing then I'll do my best

maybe I'll try the same thing as happened in altcoins. will buy as much as possible. when the price dropped so low and it bounced back, then I sell at high prices and earn profits 10 BTC. experience that really can not be forgotten Cheesy
Yes we have to take that opportunity to buy and hold it because when the value goes up again we can earn for sure. thats the good idea to do when the price drop to 1$.
when it really happens to fall to $1 you have to play fast, and do not hold to wait for higher prices. because I believe when the price of bitcoin fall to $1, this is a sign of destruction of bitcoin.

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July 17, 2016, 04:34:42 PM
 #1527

Well, I obviously wouldn't kill myself. I wouldn't withdraw either, I mean come on, man..... How many of us would be able to withdraw even $50 if this would happen? I don't think there are many of us who would be able to. I would just keep it there and hope for an increase of price.
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July 17, 2016, 04:38:08 PM
 #1528

Well, I obviously wouldn't kill myself. I wouldn't withdraw either, I mean come on, man..... How many of us would be able to withdraw even $50 if this would happen? I don't think there are many of us who would be able to. I would just keep it there and hope for an increase of price.

I would take my loss as a man.
On the same hand I would buy more bitcoins, so my buying price would go down enormously. Then I would apply the same strategy.. Hold.
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July 17, 2016, 04:43:14 PM
 #1529

Its obvious that it will not happen i notice right now that the price is gradually increasing.. the price right now is to far from $1 the price now is 680.. and this is a good sign that the price will hit soon at 700 value..

Solving blocks can't be solved without my rigs.
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July 17, 2016, 04:44:55 PM
 #1530

who knows how bitcoin would take such a disaster, but I say best decision would be buy alot of bitcoins and hope that price will rebound and after that take the nice profit.
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July 17, 2016, 05:19:39 PM
 #1531

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.

Well because price wouldn't drop to 1$ in 5 minutes, so when i would notice that price drops, i would sell all or some of my coins,  so i would be safe from losing all of my money in bitcoins, so i would be pretty safe

And when price would be that low like 1$, i would probably buy like 50 or even 100 bitcoins and i would keep them till price will rise, and i am pretty sure that bitcoins price would rise back, price of bitcoin always rises after price falls

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July 17, 2016, 05:24:18 PM
 #1532

It is true that in the altcoins market everything is possible, but it would be needed the conjunction of a lot of unfortunate events to see such a dramatic drop in the bitcoin price. But seeing how the DAO and ethereum have kept a good price despite their recent failure, it seems really difficult that something could lead the bitcoin price to $1.
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July 19, 2016, 07:09:19 PM
 #1533

Well, I obviously wouldn't kill myself. I wouldn't withdraw either, I mean come on, man..... How many of us would be able to withdraw even $50 if this would happen? I don't think there are many of us who would be able to. I would just keep it there and hope for an increase of price.
I absolutely agree with that. We all will wait for the better times

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July 19, 2016, 07:15:36 PM
 #1534

I will still buy more bitcoins even if it is 1$ only, as long as there is a price value of bitcoins my belief will never stop to it. Except if the price of bitcoins will drop into zero thats the for me to stop due it has no value anymore. Smiley 
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July 19, 2016, 07:35:37 PM
 #1535

I will still buy more bitcoins even if it is 1$ only, as long as there is a price value of bitcoins my belief will never stop to it. Except if the price of bitcoins will drop into zero thats the for me to stop due it has no value anymore. Smiley 

There is no more difference in $1 and $0 price its almost same, so even if it falls to $1 many people will stop believing in it and will stop investing their money into it.
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July 19, 2016, 07:39:25 PM
 #1536

Well, I obviously wouldn't kill myself. I wouldn't withdraw either, I mean come on, man..... How many of us would be able to withdraw even $50 if this would happen? I don't think there are many of us who would be able to. I would just keep it there and hope for an increase of price.

I agree with this guy; if you spent most of years woring hard and earning bitcoin and in the end only get 1/600th of it, that would really piss me off. I would just wait and see what happens next. Otherwise iif nothing happens, a lot of signature campaigns would shut down, including faucets, all those projects centered around bitcoin would die.
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July 19, 2016, 07:51:33 PM
 #1537

Thats not possible, the said price and other will that oppurtunity to buy more bitcoin because bitcoin had potential bounce back to its price as history says, i really relay on bitcoins history thats why i believe on bitcoin and benifits of it.
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July 19, 2016, 07:54:39 PM
 #1538

Thats not possible, the said price and other will that oppurtunity to buy more bitcoin because bitcoin had potential bounce back to its price as history says, i really relay on bitcoins history thats why i believe on bitcoin and benifits of it.

I think people are treating bitcoin as a joke and that is the reason they are expecting the unexpected from it and to be honest I don't think that bitcoin will fall that low ever in future.
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July 19, 2016, 08:45:58 PM
 #1539

I will go to church and pray to God so that the price of bitcoin will rise again to it's normal state
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July 19, 2016, 08:50:25 PM
 #1540

I will go to church and pray to God so that the price of bitcoin will rise again to it's normal state

Bitcoin has an potential to rise again so if we can have faith in it then we should buy as much as possible or else just hold the existing ones to see the price hike once again.
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