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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
shashank5119
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July 30, 2016, 08:40:08 PM
 #1681

Don’t know what will I do because I am not able to think that this could ever happen.If that happens then my trust on bitcoin will loose a little.But still I will but 100-200 BTC atleast and then wait and see what happens next.
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July 30, 2016, 11:54:05 PM
 #1682

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.


If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

a product is lost or disapear due to be replaced by something newer and sophisticated maybe it will happen in bitcoin when bitcoin get a very low price example 1$ the user may start leaving bitcoin and use new cryptocurrency or money online is becoming a breakthrough nicer than bitcoin
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July 31, 2016, 03:05:15 AM
 #1683

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.


If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.

a product is lost or disapear due to be replaced by something newer and sophisticated maybe it will happen in bitcoin when bitcoin get a very low price example 1$ the user may start leaving bitcoin and use new cryptocurrency or money online is becoming a breakthrough nicer than bitcoin


Probably, people would search another potential crypto that much better to Bitcoin at that time. It's our nature of us human beings searching for better alternatives if something would happen that's not good to a thing where they invested in. But it my opinion some would buy more Bitcoin if the price would go back lower it's price then hoping for a huge pump.

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July 31, 2016, 03:49:52 AM
 #1684

Buy $100 Bitcoins, just in case

Probably be a millionaire, because I'm sure Bitcoin would rebound sooner or later
and what if the price does not grow any more and goes down to 1 cent per bitcoin? i think there would be still anything possible so it would be better to be careful

With the recent stability of bitcoin price and investment of big investors in the bitcoin industry, I doubt that it will to 1 cent per bitcoin anytime soon. But yes, anything could happen and there is really no certainty in this world.
but it is also a fact that if the price of bitcoin dropped to 1$ then no one will be ready to trade it, because people will consider it as dead and no one will be ready to invest their money in a dead currency, but we can only imagine the 1 $ bitcoin price and it is impossible in real life.
I don't think so, maybe they will but it, but I sure they just spending a little of their capital, but I sure a lot of traders or investor will sure the rising will happen sooner, maybe it's very risky to invest in the dead currency but the chance for the currency back to alive is always there.

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July 31, 2016, 04:05:02 AM
 #1685

Probably not do anything differently at all. If it drops I just say, "Hey it will rise up again in the future."
When it rises then I am little more concerned because then I say, "Damn why didn't I buy some yesterday when it was cheaper!".
I usually end up saying the latter most of the time. Roll Eyes
LOL! Troll... Your imagination too high, yeah if this happens to someone will be crying. i guess bitcoin will not drop like this, if bitcoin dropped again to
1/$ for now moment may there some wrongs happens, cause people for now growing fast at the worl and now people was recognize and doing as great.
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July 31, 2016, 05:29:50 AM
 #1686

If bitcoin drops to 1 dollar, ill buy more and invest it till the price increase
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July 31, 2016, 06:30:20 AM
 #1687

If bitcoin drops to 1 dollar, ill buy more and invest it till the price increase
if it goes to 1$ per BTC then do you think it will rise again and you can invest when price increase??
think twice
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July 31, 2016, 07:17:16 AM
 #1688

i'm guess bitcoin would not dropped again to $/1 . and if this happens now ear may bitcoin will be dust coin. some wrong there happens.
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July 31, 2016, 07:36:07 AM
 #1689

Bitcoin price will never be 1$ or lower because it is toi strong cryptucurrenc to that happent and it is first cryptocurrency in the world.


If the price drops down to $1, then there must be a better alternative that has more potential than bitcoin. Clearly at that point, something terrible must have happened to bitcoin which makes it unusable and unwanted. The demand must be next to none, and that would be reflected in my options.


and it is clear, bitcoin will be destroyed, but you can take advantage if you are willing to take risks, buying as much as possible, then sell when it reaches $2 or more. after that you get a lot of advantages, and bitcoin in the end might not be a lot of people are using.

No matter how bad a certain situation may look, there is always an opportunity to make a lot money in quite a short time. As you also said, if you buy at $1 and sell at $2 you'll double your money without much problems. I think I would definitely buy myself around 10,000 BTC priced at $1 each. If the price doubles I'll sell 5000 BTC and take my $10,000 back. Then I have 5000 BTC left which I will hold for a very long time to see where it goes.
I would have done the same, except I would only be buying at most 5000BTC since I don't really have that much of a capital to spend. But buying so, purely based on the speculation of bitocin's future similar to what we have now a days. If anything is got different from that, then that might be a risk threatening risk for myself.
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July 31, 2016, 09:59:49 AM
 #1690

I would buy more because it will grow back .
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July 31, 2016, 10:11:01 AM
 #1691

I hope that when the price drops to $1 I wouldn't have any bitcoin on my wallet, what would I do is investing $xx in bitcoin and leave them on a wallet for few years but depending what will happen bitcoin has always a potential to have higher and higher price possibility.
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July 31, 2016, 10:27:41 AM
 #1692

If bitcoin drops to 1 dollar, ill buy more and invest it till the price increase
if it goes to 1$ per BTC then do you think it will rise again and you can invest when price increase??
think twice
I will believe if there are another people will say to think twice, for to do that, because it seems like the coin in front of their hole of dead and in my minds investing on them is between alive or dead. Cry

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July 31, 2016, 11:04:46 AM
 #1693

If bitcoin drops to 1 dollar, ill buy more and invest it till the price increase
if it goes to 1$ per BTC then do you think it will rise again and you can invest when price increase??
think twice
I will believe if there are another people will say to think twice, for to do that, because it seems like the coin in front of their hole of dead and in my minds investing on them is between alive or dead. Cry

For me it would very hard to buy Bitcoin again if it dumps it price very low. It's normal to us to think that maybe we should buy or not on the current state of Bitcoin since you won't know if it rises again or dead forever and maybe that time there's a new crypto would exist and replace Bitcoin to its place. I'm just saying my opinion.

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July 31, 2016, 11:10:22 AM
 #1694

I would buy more because it will grow back .

You never know if it'd grow back or fall to $0. Buying could be a mistake, selling could be a mistake. I'd just keep my money there in my wallet, hoping for the price to rise back. Maybe I'd just buy 20-30BTC, loosing $30 won't make me homeless.
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July 31, 2016, 11:55:58 AM
 #1695

I hope that when the price drops to $1 I wouldn't have any bitcoin on my wallet, what would I do is investing $xx in bitcoin and leave them on a wallet for few years but depending what will happen bitcoin has always a potential to have higher and higher price possibility.

I think it will be risky to invest to bitcoin if the price reach $1 fewer investors will invest into it if they look at it's history, that means if the price will move, that will be too slow and  the probability that it would go back to its feet will be too small.

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July 31, 2016, 12:22:38 PM
 #1696

That is really not possible right now as i see, because the community and the investors are increasing day by day and the coins that die so soon are those that has no users and investors at all thats why they die.
Well but if that happens i would surely buy some like 10 bitcoins and hold them again with the ones i'll be having already with the hope of its growth again.
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July 31, 2016, 12:38:22 PM
 #1697

Don’t know what will I do because I am not able to think that this could ever happen.If that happens then my trust on bitcoin will loose a little.But still I will but 100-200 BTC atleast and then wait and see what happens next.
First yeah I do not think that it can happen for a few decades I think it bitcoin prices can explode and pump. but if one day the price
dropped to $ 1 I think I would avoid bitcoin. it may already be the end of bitcoin. you should be careful if you want to invest again
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July 31, 2016, 01:22:55 PM
 #1698

I'd continue to use it unless there was a fundamental flaw with Bitcoin, although if it did reach that it would likely be due to an unrecoverable flaw.
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July 31, 2016, 01:35:14 PM
 #1699

I'd continue to use it unless there was a fundamental flaw with Bitcoin, although if it did reach that it would likely be due to an unrecoverable flaw.
the same for me, bitcoin is definitely a great technology and it will have great future i think thats why i would definitely use it all the time

 
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July 31, 2016, 01:54:47 PM
 #1700

I'd continue to use it unless there was a fundamental flaw with Bitcoin, although if it did reach that it would likely be due to an unrecoverable flaw.

me too. the value of bitcoin is the revolution, not the price. but i do think it could drop to $1 without an unrecoverable flaw -- like if satoshi tried ot sell all his coins at one time.
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