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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
PremiumCodeX
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July 31, 2016, 02:11:02 PM
 #1701

I would keep the BTC I have already and increase the price in BTC of my products then just hope the price will raise again. If I had enough money to invest, I would buy BTC from panicking people. I remember when BTC suddenly dropped levels and people were trying to exchange with shocking speed and now it is reigning again.

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CryptoBrother
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July 31, 2016, 02:12:12 PM
 #1702

Not that it will happen but I'd buy at least $1000 worth and more than likely more.

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July 31, 2016, 02:23:26 PM
 #1703

Such a high potential digital currency going down in long or short run won't happen until every user stop using which won't take place. By situation if it touches $1, I'll make buying as much possible.
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July 31, 2016, 02:28:37 PM
 #1704

Such a high potential digital currency going down in long or short run won't happen until every user stop using which won't take place. By situation if it touches $1, I'll make buying as much possible.
but i think that if such a potential digital currency is going down its mean that something is seriously happening and if it dropped that such a low level i do not think that people will take interested in bitcoin any more, because if it id dropping from 700$ to only 1 dollar it mean that people have lost thier confident and they are not ready to invest their money anymore in bitcoin.
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July 31, 2016, 02:35:46 PM
 #1705

If, and that is rerally a big if, it would go that far down, I would buy a few hundred of those 1$ bitcoins.
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July 31, 2016, 03:21:47 PM
 #1706

Such a high potential digital currency going down in long or short run won't happen until every user stop using which won't take place. By situation if it touches $1, I'll make buying as much possible.
but i think that if such a potential digital currency is going down its mean that something is seriously happening and if it dropped that such a low level i do not think that people will take interested in bitcoin any more, because if it id dropping from 700$ to only 1 dollar it mean that people have lost thier confident and they are not ready to invest their money anymore in bitcoin.
I dont think its happening that it will fall to 1$ lol but with some imagination if it will happen then its normal that people will shift to other altcoins and some will buy more coins too by expecting for again high price bump,
But bitcoin has made its root very strong in the word market already that things like this is just impossible by the way !
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July 31, 2016, 03:39:57 PM
 #1707

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.
If this will happen I would buy bitcoin as much as I want, and after that bitcoin price will rise and then sell it again, then buy and its a cycle of bitcoin which you can see what trading and trader does.
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July 31, 2016, 04:23:01 PM
 #1708

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 think it will break all time ($1000) by the end of 2016. I never think it will goes to $1. If this happen, I will surely buy it.
bitlancr
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July 31, 2016, 04:24:12 PM
 #1709

I think it will break all time ($1000) by the end of 2016.

This could be, but don't count on it. If you don't want to get dissapointed aim for a target of 800 dollar.
The downside is not 1 dollar (I wish) but more like 400 dollar.
aesma
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July 31, 2016, 06:17:34 PM
 #1710

It can't go to 1$ without being dead. At 100$ or 10$, you have thousands of people ready to buy huge amounts, so how would it go down to 1$ ? It just can't happen, unless it's completely broken, but even then, it won't be 1$, it will be 0 or an unknown amount, because it will be broken.
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July 31, 2016, 06:34:19 PM
 #1711

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

Using it all the time at all the prices is sensible, as bitcoin is the only payment system which every internet user have access to it so any online store which will access bitcoin will have access to all of the people who will use internet, while other payment systems just suck our money and there are a lot of restrictions at there.
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July 31, 2016, 06:37:07 PM
 #1712

It can't go to 1$ without being dead. At 100$ or 10$, you have thousands of people ready to buy huge amounts, so how would it go down to 1$ ? It just can't happen, unless it's completely broken, but even then, it won't be 1$, it will be 0 or an unknown amount, because it will be broken.

Yes that would mean that bitooin is close to dead and while this still can happen I don't see this happening in the short future.
It's just not likely to happen.
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July 31, 2016, 06:51:45 PM
 #1713

I will buy bitcoins on all of my money because i know, than later bitcoin will start rising and i will return all my wastings easily, but i am not sure that it's can happen.

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July 31, 2016, 06:54:48 PM
 #1714

It sounds like a good entry price.
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July 31, 2016, 07:41:07 PM
 #1715

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.
to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos  Smiley

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July 31, 2016, 09:17:04 PM
 #1716

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.
to be honest with u i would not wait for so long that to reach it to 1 bucks ..man it was harsh ..otherwise i would buy a lot of btc s and save it in my wallet so that its price rises to 2000dollarss ..u might think me to be crazy but to be honest it will happen in the future ..so be ready and dont loose hope that it might fall to 1 bucks ...kudoos  Smiley
Well, such a large pricedrop would destroy the userbase of bitcoin, and the chances of it never coming back once at the 1$ marker at that point would be pretty big; it would be largely overbought. The chances of that happening in the next few years is slim anyways, so keep that in the back of your head.
Do no let things like this bother you too much, but just remember there's always that risk.
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August 01, 2016, 01:55:22 AM
 #1717

Seeing its popularity and demands its almost impossible to hit that $1 also less then 50$ . so such thoughts of price is just useless. market is growing bigger  and bigger . people are getting more into online shops. so i see  clear future for bitcoin Cheesy
hmm anybody could predict that bitcoins demand hit tthe price of 1$ or 50$ but there is no assurance that our prediction will be right, and  the future of bitcoins is quite good but there is no guarantee that it would happen, there are still possibilities that crisis may happen which that miracle happens and it's RIP for the miners and hopefully bitcoin will become more useful and famous Smiley
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August 01, 2016, 03:28:30 AM
 #1718

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.
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August 01, 2016, 03:35:13 AM
 #1719

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.
Four years ago was a long time in Bitcoin terms, and I'm sure that there would be so many people buying it that there would be no way for it to really go that low. If it does though, expect a majority of orders to be bought out INCREDIBLY quickly, and the market to have a relatively quick turnaround. Unless everyone bails on Bitcoin and everything disappears and the value evaporates and no-one wants Bitcoin anymore, then we'll see a lot of wealth being made quite quickly.
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August 01, 2016, 03:47:40 AM
 #1720

if bitcoin fell to the lowest price as four years ago I would buy as much as possible and I 'll sell when the price of bitcoin rose by 10 % - 30 % of the price I bought it.
I think all of user will do that invest a thousand of bitcoin considering the amount they can afford to lose then wait for the time to sell it, but this is impossible to happen because time by time people will start using bitcoin the demand will increase and it reflects on the price itself.
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