MinerHQ
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Activity: 1456
Merit: 1023
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July 27, 2016, 02:37:09 PM |
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If bitcoin dropped at $1. I will buy many as i can bitcoin then wait the price rise again, and sell it.Theres a possible the price of bitcoin will down after bitcoin halving if all bitcoin user sell their bitcoin thats my opinion but i think its not $1 i think almost $200 per btc if all btc user sell their coin.
Yup now everyone planning is same. Because all people know once Bitcoin price went down, Again in few months it will come up. We had live experienced since last 2012 to till date. So if it went down 1$ people will start to collect Bitcoins. Even my planning also same purchasing coins and holding in my wallet. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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mindrust
Legendary
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Activity: 3248
Merit: 2434
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July 27, 2016, 02:46:14 PM |
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If bitcoin drops to 1$ in a small time frame like a few weeks, that would mean that almost every whale out there dumped their coins and never looked back.
And that means it is not going to see more than 50$ in like 5 years from that time.
To be more clear, if you wonder what is going to happen when the price hits 1$, take a look at PeerCoin or Namecoin. (basically dead)
If you want to be optimistic, look at LiteCoin.
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lister storm
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July 27, 2016, 02:57:21 PM |
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if bitcoin would drop that low i would just buy more of it in order to benefit over time, i think it would be really possible to make money out of it because the price would start growing
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Wandering Soul~
Sr. Member
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Activity: 406
Merit: 250
Wolf
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July 27, 2016, 03:02:39 PM |
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Yes. If bitcoins price dropped to $1. You should take advantage of it to buy more, Now you just have to wait for the price to increase. Just be careful not to be greedy, Prioritize your needs first
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Yakamoto
Legendary
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Activity: 1218
Merit: 1007
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July 27, 2016, 03:05:17 PM |
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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.
will buy more.....cause it might still rise again Well, it might, but you have to consider what made it drop so low in the first place. I would say that is Bitcoin managed to drop down to $1 everything was pretty much dead and the market would be extremely small and pale; considering that a majority of the buywalls before that wouldn't have been able to stop the drop. A lot of people would have left at that point, and I don't know if it would rise again. |
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Blackmet
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July 27, 2016, 03:08:59 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
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mishra1994
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July 27, 2016, 03:12:37 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
Many of us said that they will buy alot of bitcoins if bitcoin price ever reaches 1$ and all these users and users all around the world would do the same.So a lot of demand to buy bitcoins all over the world then obviously bitcoin price will grow up again quickly.So who just able to do it in time can achieve a lot profit. Oh but thats all depend on if,which i dont think never going to happen. |
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fravia
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July 27, 2016, 03:33:19 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
though i dont think that the price of the bitcoin is not going to go back, in my opinion it would be really hard because a lot of people would be dumping |
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xdrpx
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July 27, 2016, 03:53:16 PM |
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I doubt the price of Bitcoin would go down to 1$. But when people see signs of steep drop in price they will eventually short it just to be safe. I'd do the same before it drops too steeply and then probably buy several at 1$ considering the events that caused it to drop that sharply. But ofcourse, this is not very realistic considering how stable the price of Bitcoin is these days.
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RoommateAgreement
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July 27, 2016, 04:24:08 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
Many of us said that they will buy alot of bitcoins if bitcoin price ever reaches 1$ and all these users and users all around the world would do the same.So a lot of demand to buy bitcoins all over the world then obviously bitcoin price will grow up again quickly.So who just able to do it in time can achieve a lot profit. Oh but thats all depend on if,which i dont think never going to happen. people are going to start buying bitcoin long before it even gets close to that idiotic price. even if price goes down to $599 people are going to flood exchanges with fiat to buy bitcoin before missing out and that is what they call resistance. |
Buying the dip...
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ronaldo40
Legendary
Offline
Activity: 1554
Merit: 1014
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July 27, 2016, 05:11:27 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
Many of us said that they will buy alot of bitcoins if bitcoin price ever reaches 1$ and all these users and users all around the world would do the same.So a lot of demand to buy bitcoins all over the world then obviously bitcoin price will grow up again quickly.So who just able to do it in time can achieve a lot profit. Oh but thats all depend on if,which i dont think never going to happen. people are going to start buying bitcoin long before it even gets close to that idiotic price. even if price goes down to $599 people are going to flood exchanges with fiat to buy bitcoin before missing out and that is what they call resistance. yes you are right, when the price falls may people have panic to sell it. but when the price fell to $1 it is good to buy as much as possible. |
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OrangeII
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July 27, 2016, 05:22:19 PM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
Many of us said that they will buy alot of bitcoins if bitcoin price ever reaches 1$ and all these users and users all around the world would do the same.So a lot of demand to buy bitcoins all over the world then obviously bitcoin price will grow up again quickly.So who just able to do it in time can achieve a lot profit. Oh but thats all depend on if,which i dont think never going to happen. people are going to start buying bitcoin long before it even gets close to that idiotic price. even if price goes down to $599 people are going to flood exchanges with fiat to buy bitcoin before missing out and that is what they call resistance. yes you are right, when the price falls may people have panic to sell it. but when the price fell to $1 it is good to buy as much as possible. Well, I guess if the price is really dropped to $ 1, I think it's a good thing for some people. possible for he who does not keep bitcoin, it is a gold mine for them, but for those who have long maintained a bitcoin they have so far, I think it really hurt, but if the price drops quickly, maybe I'll sell bitcoin I have quickly |
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ronaldo40
Legendary
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Activity: 1554
Merit: 1014
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July 28, 2016, 12:02:50 AM |
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I will buy a lot of coins cause if bitcoin increase price even on 1$ more, i will get easiest profit ever, bitcoin is always recovering after this price drops.
Many of us said that they will buy alot of bitcoins if bitcoin price ever reaches 1$ and all these users and users all around the world would do the same.So a lot of demand to buy bitcoins all over the world then obviously bitcoin price will grow up again quickly.So who just able to do it in time can achieve a lot profit. Oh but thats all depend on if,which i dont think never going to happen. people are going to start buying bitcoin long before it even gets close to that idiotic price. even if price goes down to $599 people are going to flood exchanges with fiat to buy bitcoin before missing out and that is what they call resistance. yes you are right, when the price falls may people have panic to sell it. but when the price fell to $1 it is good to buy as much as possible. Well, I guess if the price is really dropped to $ 1, I think it's a good thing for some people. possible for he who does not keep bitcoin, it is a gold mine for them, but for those who have long maintained a bitcoin they have so far, I think it really hurt, but if the price drops quickly, maybe I'll sell bitcoin I have quickly actually if bitcoin prices fell to $1, it is a destruction of bitcoin. but some people will think of buying as much as possible, but it is risky. but if you are lucky, this could be a great advantage. but after that bitcoin will really destroyed and no interest anymore. |
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nova-rider
Member
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Activity: 70
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July 28, 2016, 12:50:40 AM |
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Even with problems in the network, the developers would resolve efficiently, there are very competent guys in the team.
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romero121
Legendary
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Activity: 3164
Merit: 1213
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July 28, 2016, 12:57:01 AM |
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Most users were highly aware of the potential it has got due to the growth in a short term as well touch peak price's compared to other digital currencies. I don't think or expect price to touch $1, unlike the price I buy whenever its possible for me.
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deadsilent
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July 28, 2016, 01:44:09 AM |
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Thats gonna be the best time to buy bitcoins because of price drop. But its impossible tho. Surely you could earn a lot when that happen cause its going to rise. But when anyone has no interest on bitcoin. Thats gonna hurt. You are devastated.
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madwica
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July 28, 2016, 01:50:09 AM |
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If that would happen i will invest thousand of dollars because i know after the dump of price it have a pump then profit will rain on my wallet, but i know it is very impossible to happen right now even in the future because i know that bitcoin have a great future to be great digital currency.
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milewilda
Legendary
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Activity: 3108
Merit: 1127
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July 28, 2016, 02:02:09 AM |
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If that would happen i will invest thousand of dollars because i know after the dump of price it have a pump then profit will rain on my wallet, but i know it is very impossible to happen right now even in the future because i know that bitcoin have a great future to be great digital currency.
Thats a big risk if you decide to buy thousand of dollars on buying bitcoin since you cant guarantee if it would pump again, in my opinion if bitcoin price would dropped like that its price i think theres a big problem with the coin theres only two ways gonna happen its either gonna pump up or dump forever. |
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windale
Member
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Activity: 112
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July 28, 2016, 03:06:08 AM |
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very imposible if bitcoin down and drop until price every one bitcoin only one dollar
but if happen bitcoin down one dolllar every one bitcoin
i thin bitcoin can't use transaction agan because every transcation txt want miner
is price every low not only one miner want mining again
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ImHash
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July 28, 2016, 03:23:38 AM |
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unlikely doubtfully ever bitcoin drops that low, if it was possible to do something to make the price dump that much then people wouldn't have invest and adopt it in the first place to grow the price day by day.
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