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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
BlueStackz
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August 02, 2016, 06:21:33 PM
 #1741

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.
I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.
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August 03, 2016, 04:46:48 AM
 #1742

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.
I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would  surely pump up again and we can make profits out of it. Some  of  bitcoin holders might sell their bitcoin in volume  it might be the cause why the bitcoins price decreases.

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August 03, 2016, 04:49:29 AM
 #1743

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.
I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would  surely pump up again and we can make profits out of it. Some  of  bitcoin holders might sell their bitcoin in volume  it might be the cause why the bitcoins price decreases.

They take profits because they are expecting a price decrease. And because of that they can buy again at the possible lowest rate to be reached. After that the price will somehow recover and will experienced again a slow rise resulting for profit again who take advantage of that price dip.

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August 03, 2016, 04:56:38 AM
 #1744

I'm gonna buy much as I can to, and then hold for a long time till it back to $500 - $1000 and then sell them, but I think it's impossible for now.
I think all of us will do that but i also agree that it will impossible to happen because bitcoin value is continuous increasing due to continuous adoption by the people and also some online store.
you can see that in current time the price of bitcoin has dropped to 600$ and what is the reaction of the people, you can check the selling volume. so what do you think that what will happen if the price of bitcoin dropped to 1 dollar i dont think that any one will be ready to do investment in bitcoin again.
Indeed it was down in last three days but maybe it will goes up again but who knows, no one really know about the price maybe after this it will go up to $1000 or down Smiley

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August 03, 2016, 05:00:41 AM
 #1745

I would love to see this happening to have chance of grabbing many Bitcoin at $1 but this will not happen anymore. This recent event of halving put stamp on Bitcoin's price to remain above $380 so we loose chance if was ever possible of that thing. Bitcoin's price over all will remain between $ 500-650 for some period with small ups and downs like these days is happening.
I think before you buy a lot of bitcoin at a very low price you must calculate bitcoin is it still has the potential to grow back or not?
you must perform calculations with it. because if you do not think of it. could have precisely bitcoin prices back to $ 0 and you lose 100%
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August 03, 2016, 05:01:51 AM
 #1746

No hesitation, buy as much as I can.

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August 03, 2016, 05:09:08 AM
 #1747

I would love to see this happening to have chance of grabbing many Bitcoin at $1 but this will not happen anymore. This recent event of halving put stamp on Bitcoin's price to remain above $380 so we loose chance if was ever possible of that thing. Bitcoin's price over all will remain between $ 500-650 for some period with small ups and downs like these days is happening.
I think before you buy a lot of bitcoin at a very low price you must calculate bitcoin is it still has the potential to grow back or not?
you must perform calculations with it. because if you do not think of it. could have precisely bitcoin prices back to $ 0 and you lose 100%

Absolutely you are right, i believe you are one person who think it otherwise all members say only one thing that it will be a good news if bitcoin down in $1, but they never think if bitcoin come down so how many people like you and me have a biggest lost from bitcoins because we are already using it and firstly we will face the loss and secondly bitcoin would be down $ 0  as you say, and than finish the game.
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August 03, 2016, 05:28:13 AM
 #1748

No hesitation, buy as much as I can.

but im not sure you will interesting to buy at $1 maybe you will waiting price down to $0.5  Cheesy
if bitcoin price down to $1 im sure whales will ready to buying at $2, and people can't buy under it Roll Eyes
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August 03, 2016, 05:56:34 AM
 #1749

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.
I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would  surely pump up again and we can make profits out of it. Some  of  bitcoin holders might sell their bitcoin in volume  it might be the cause why the bitcoins price decreases.

They take profits because they are expecting a price decrease. And because of that they can buy again at the possible lowest rate to be reached. After that the price will somehow recover and will experienced again a slow rise resulting for profit again who take advantage of that price dip.

Thats why some traders  really loves bitcoin price dumps since they see it as an oppurtunity to make  good profits of such price drop. They could  make of good amount  of money when the price goes up again and  more. Some people already panicking as if  they saw the bitcoins price is already dropping then they sell of their coins.

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August 03, 2016, 06:10:04 AM
 #1750

I'm gonna buy much as I can to, and then hold for a long time till it back to $500 - $1000 and then sell them, but I think it's impossible for now.
I think all of us will do that but i also agree that it will impossible to happen because bitcoin value is continuous increasing due to continuous adoption by the people and also some online store.
you can see that in current time the price of bitcoin has dropped to 600$ and what is the reaction of the people, you can check the selling volume. so what do you think that what will happen if the price of bitcoin dropped to 1 dollar i dont think that any one will be ready to do investment in bitcoin again.
Indeed it was down in last three days but maybe it will goes up again but who knows, no one really know about the price maybe after this it will go up to $1000 or down Smiley
I think people would tend to be afraid to think that bitcoin will potentially come back because after bitcoin down very deeply into $ 1 there are certainly many people who lost huge. and maybe it makes a lot of traumatized people to invest into bitcoin again. I think when bitcoin fell to $ 1 that was the end of bitcoin
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August 03, 2016, 06:13:11 AM
 #1751

I'm gonna buy much as I can to, and then hold for a long time till it back to $500 - $1000 and then sell them, but I think it's impossible for now.
I think all of us will do that but i also agree that it will impossible to happen because bitcoin value is continuous increasing due to continuous adoption by the people and also some online store.
you can see that in current time the price of bitcoin has dropped to 600$ and what is the reaction of the people, you can check the selling volume. so what do you think that what will happen if the price of bitcoin dropped to 1 dollar i dont think that any one will be ready to do investment in bitcoin again.
Indeed it was down in last three days but maybe it will goes up again but who knows, no one really know about the price maybe after this it will go up to $1000 or down Smiley
I think people would tend to be afraid to think that bitcoin will potentially come back because after bitcoin down very deeply into $ 1 there are certainly many people who lost huge. and maybe it makes a lot of traumatized people to invest into bitcoin again. I think when bitcoin fell to $ 1 that was the end of bitcoin

i think whales are ready for that situation mate and bitcoin can easily recovers 1 $ price would be a great advantage to us who already understand the power of bitcoin bouncing back will be sure to happen i just feel sorry for those who don't understand and afraid to lose because in this kind of investment you need to disregard your emotion to gain more.

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August 03, 2016, 06:24:24 AM
 #1752

How price will drop to this level $1 because there is no reason for this kind of major drop in price, when price is very stable above $650 than talk about this, to be honest it doesn't make any sense to me to dream about this, so that I'm pretty sure it's not going to happen never.
I would rather replace the $1 to $100 to make this topic more interesting because we all very well know that the price of bitcoins is never gonna get below 50-100$ because of it's demand in market. Moreover if 100$ is the case I will buy at east 2 bitcoins and then see how it goes.

Well as of what is happening with bitcoins price it is somehow not good at all. But if ever this is going to happen I am going to buy as many bitcoins as I can. And I'm going to invest all of my fiat into bitcoins, because I know in the future that the price is going to increase for some months when many people are going to buy in it.

Looking to the price of bitcoin as of now . it goes down so fast and you are right its the best time to buy more bitcoin since it would  surely pump up again and we can make profits out of it. Some  of  bitcoin holders might sell their bitcoin in volume  it might be the cause why the bitcoins price decreases.

They take profits because they are expecting a price decrease. And because of that they can buy again at the possible lowest rate to be reached. After that the price will somehow recover and will experienced again a slow rise resulting for profit again who take advantage of that price dip.

Thats why some traders  really loves bitcoin price dumps since they see it as an oppurtunity to make  good profits of such price drop. They could  make of good amount  of money when the price goes up again and  more. Some people already panicking as if  they saw the bitcoins price is already dropping then they sell of their coins.
You don't need to equalize the people is not a traders with traders, because they're having different intentions for using bitcoin. maybe for the traders if the price is getting falling will become a good moment for dumoed the bitcoin but for the another people is using bitcoin become a currency and online payment is feeling worry about this situation.

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August 03, 2016, 03:50:21 PM
 #1753

I would love to see this happening to have chance of grabbing many Bitcoin at $1 but this will not happen anymore. This recent event of halving put stamp on Bitcoin's price to remain above $380 so we loose chance if was ever possible of that thing. Bitcoin's price over all will remain between $ 500-650 for some period with small ups and downs like these days is happening.
I think before you buy a lot of bitcoin at a very low price you must calculate bitcoin is it still has the potential to grow back or not?
you must perform calculations with it. because if you do not think of it. could have precisely bitcoin prices back to $ 0 and you lose 100%

That is really something to be considered, everyone is saying that they would buy more and more bitcoins if it drops to $1 but they are not thinking that if bitcoins drops to $1 there would surely be a reason for that, and maybe that reason wont let it grow again.
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August 03, 2016, 04:00:36 PM
 #1754

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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August 03, 2016, 04:15:19 PM
 #1755

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.


but I am not sure if the price falls to $1 it will recover, but maybe this is the end of bitcoin and everyone will leave bitcoin.

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August 03, 2016, 04:38:41 PM
 #1756

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.


but I am not sure if the price falls to $1 it will recover, but maybe this is the end of bitcoin and everyone will leave bitcoin.
Yeah your right maybe it will be the end of bitcoin if it will happen.. but its impossible to happen right now and i think if the price of bitcoin is going down there is investors are investing back again..
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August 03, 2016, 06:03:53 PM
 #1757

Bitcoin has died so many times before. It will definetely also survive the Bitfinex crisis. MtGox was much more worse in my opinion. The Bitcoin environment is more stable today then years ago. We should think positive. In a couple of weeks, Bitfinex will just be another hack attack that has affected Bitcoin for short time.

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.


but I am not sure if the price falls to $1 it will recover, but maybe this is the end of bitcoin and everyone will leave bitcoin.
Yeah your right maybe it will be the end of bitcoin if it will happen.. but its impossible to happen right now and i think if the price of bitcoin is going down there is investors are investing back again..
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August 03, 2016, 08:42:21 PM
 #1758

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.


but I am not sure if the price falls to $1 it will recover, but maybe this is the end of bitcoin and everyone will leave bitcoin.
yes that is a fact and there is no doubt about this, that if the price of bitcoin falls down to 1$ then all the people will lose faith on bitcoin and no one will be ready to buy it even at such a low level and then that might be the end of bitcoin but i do not think that such kind of thing can ever be happen, because bitcoin is one of the popular crypto currency of the world and still so popular and people are trusting on it therefore it will stay alive.
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August 03, 2016, 08:55:30 PM
 #1759

yesterday the price started to drop and it reached to about $500 and that was a headache for everyone, so no one will want the price of bitcoin to drop down. We always like the price to increase or to remain stable.
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August 03, 2016, 11:57:12 PM
 #1760

Nothing special, i will waste biggest part of my money on bitcoins, cause if bitcoin dropped, it will rise again soon and i will get my profit for sure.

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