If bitcoin dropped to $1, what you do?

[Sorrowfox]

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, a bitcoin equivalent to 1 dollar is not impossible. That is possible in any type of currency and it happens when there is a very large quantity of bitcoins circulating in the economy and there is no much demand for it. If that happens, I will still hold it and I would even buy more because for sure its price will still go up. Well maybe not as high as its current price but above the 1 dollar and maybe I will consider buying altcoin like monero and etherium.

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[madwica]

For me if bitcoin goes down at $1 i will buy thousands of bitcoin because i know that after the down price there are price hike and bitcoin has a potential to be a great digital currency in the future.

[boyptc]

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.

If the price is going to be at that price I am going to buy as many as I can and going to hold it until the price is going to reach again a good price for sure.
Because if many are going to buy bitcoins it is going to be another rake for bitcoins price.

[Zadicar]

I'll buy 10000 Bitcoins if the price would go back to $1 and hold it and wait for the price increase to its peak. I'm sure I would gain big profit out of it. But I think it's impossible. To happen on such speculation since Bitcoins price is increasing everyday,month,year.

[dunfida]

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.

 if bitcoins price would drop as low as $1 maybe theres  problem  but buying lots of coins would be the best decision as you said since bitcoin price would increase back and if it happens then all who bought bitcoin would gain profit or even make them rich.

[batang_bitcoin]

I'll buy 10000 Bitcoins if the price would go back to $1 and hold it and wait for the price increase to its peak. I'm sure I would gain big profit out of it. But I think it's impossible. To happen on such speculation since Bitcoins price is increasing everyday,month,year.

Wow that is a lot of bitcoins if you are going to buy bitcoins with that amount. And for sure even the price is going to increase with even just $0.5
you are going to earn fast with that quantity of bitcoins.
Quantity dominates with the price of bitcoin.

[goinmerry]

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.

 if bitcoins price would drop as low as $1 maybe theres  problem  but buying lots of coins would be the best decision as you said since bitcoin price would increase back and if it happens then all who bought bitcoin would gain profit or even make them rich.

If it will gain back its price then it is sure profit. But what if it will just become another altcoin that dies. When you go to Yobit you will see a lot of coins that are created started with a high amount then in just a week dies. Scam or not if there is no supporter it cannot gain a hike.

[Bitcoinbro]

Then I would buy as many coins as possible but only if I could make sure that the price would go up after that.
If the price does not go up anymore then it would not make much sense to be buying.

[KaliLinux]

Yes it might happens not like dropping to 1$ may be to a low value. I guess that too happens to show the market value of BTC and increase them back and see what users can do by that time. The smartness to buy them more and sell them more.

[ErnieRox]

buy it all up!

[Yamifoud]

buy it all up!

If the bitcoin price drops to $1, I will buy some. And I will also promote the bitcoin a lot. That is what I am doing.

[clickerz]

Then I would buy as many coins as possible but only if I could make sure that the price would go up after that.
If the price does not go up anymore then it would not make much sense to be buying.

LOL Yes thats an opportunity to buy more BTC since it will not stay for that prce for so long. It would take off again as many supporters would not want that either. Also, I am sure that it is only temporary.

[Farma]

buy it all up!

Well, it's very simple, but it represents everything 
does not matter if the price drops to $ 1, I think bitcoin users would not stand watching it happen, maybe in a few seconds there will be panic buying, driving prices back up. although the price did not go back into the hundreds of dollars, but it would be very beneficial.

[bitcoin31]

IF THE BITCOIN PRICE DROPPED TO 1 DOLLAR I WILL BUY MORE BECAUSE I THINK THE PRICE WILL UP AGAIN BECAUSE THE PEOPLE WILL BUY MORE AGAIN..

[skysblu]

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 i hope that will never happen too, but if it would i think i would sell all of my bitcoins, when price would be 400$ or so, and if i would miss that chance to sell i would wait for price to rise

[thejaytiesto]

I would keep buying, there's no time to stop buying, Bitcoin is undervalued at 10k, and obviously undervalued at 1 dollar, so keep buying and history will make you a winner eventually.

[diegz]

I would keep buying, there's no time to stop buying, Bitcoin is undervalued at 10k, and obviously undervalued at 1 dollar, so keep buying and history will make you a winner eventually.

You are right, that could be a great opportunity specially to those who believed in bitcoin since it started. That is why most of them are already rich..Because they believe that there is a future in bitcoin, even if their ride with bitcoin has so many bumps..

[opossum]

I would keep buying, there's no time to stop buying, Bitcoin is undervalued at 10k, and obviously undervalued at 1 dollar, so keep buying and history will make you a winner eventually.

You are right, that could be a great opportunity specially to those who believed in bitcoin since it started. That is why most of them are already rich..Because they believe that there is a future in bitcoin, even if their ride with bitcoin has so many bumps..

At a moment its easy to say that you will buy maximum coins if price falls that low but what will you do if you already hold huge number of coins will you still prefer to buy? time to think.

[niall51]

if the bitcoin to $1 price i will buy more worth 100 dollars i think and i wait to become 100 dollars the price per 1 btc the profit is 100 times.. hehehehe

[nova-rider]

Evaluate the market to see if the price could continue to fall, and when it reaches the bottom, buy it.