If bitcoin dropped to $1, what you do?

[8Habits]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

buying like a thousand dollar worth of bitcoins - that would be a thousand bitcoins - I don't think so it is a big risk at all. If the price rise even for a dollar, you already have 100% profit and if more, then you get more profits

In this scenario where bitcoins will be worth a dollar each, it would be the best time to buy it and never worry if it falls the price because if it falls, it falls only up to a dollar. Unless you buy a million worth of bitcoins then that would be a different story.

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[ubitcoin]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

buying like a thousand dollar worth of bitcoins - that would be a thousand bitcoins - I don't think so it is a big risk at all. If the price rise even for a dollar, you already have 100% profit and if more, then you get more profits

In this scenario where bitcoins will be worth a dollar each, it would be the best time to buy it and never worry if it falls the price because if it falls, it falls only up to a dollar. Unless you buy a million worth of bitcoins then that would be a different story.

That's what I would do, only considering the current trend about the hype for bitcoins. However, if in the far future the bitcoin hype is totally gone, then there's no point in buying bitcoins anymore since it would nearly be considered worthless if there's no one actually going to be accepting bitcoins as a form of payment anymore.

[serjent05]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

buying like a thousand dollar worth of bitcoins - that would be a thousand bitcoins - I don't think so it is a big risk at all. If the price rise even for a dollar, you already have 100% profit and if more, then you get more profits

In this scenario where bitcoins will be worth a dollar each, it would be the best time to buy it and never worry if it falls the price because if it falls, it falls only up to a dollar. Unless you buy a million worth of bitcoins then that would be a different story.

That's what I would do, only considering the current trend about the hype for bitcoins. However, if in the far future the bitcoin hype is totally gone, then there's no point in buying bitcoins anymore since it would nearly be considered worthless if there's no one actually going to be accepting bitcoins as a form of payment anymore.

I totally agree that there is no point of buyng bitcoin if people interest is gone.  If hype is gone and bitcoin is still used by people it is fine.  That means bitcoin had met it's value.  Then of course businessman is a businessman, there will still alott of attempt to hype his coin for their own profit.  Well if you can ride em you will have profit too of course.

[tracktorr]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

If so, and fell in price to $ 1, I would have bought as many as I would have been a pity not to spend. And I waited for the price to be back 1200. That's when I would be very happy.

[fireball4]

Be honest, I will cry, then probably use gambling website if the price doesn't gets up.

to be honest that would be a good decision, it would be better to invest even more money into bitcoins then and wait for the future price increases

[jerelimZ]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

If so, and fell in price to $ 1, I would have bought as many as I would have been a pity not to spend. And I waited for the price to be back 1200. That's when I would be very happy.

Its very easy to say that to "buy as much as we can" but in real life that is never possible as if price falls that low then you need to have great level of courage to follow your statement.

[marketgold]

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.

For sure I'd buy more btc, but not too much, because if it dropped to the price of 1$, it could easily drop lower, than that, so it's quite risky.

If so, and fell in price to $ 1, I would have bought as many as I would have been a pity not to spend. And I waited for the price to be back 1200. That's when I would be very happy.

Its very easy to say that to "buy as much as we can" but in real life that is never possible as if price falls that low then you need to have great level of courage to follow your statement.

Right. If price falls that low no one will trust bitcoin as much as now. Personally i would stop using bitcoin if price falls

[DomainMagnate]

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 will become depressed and try my level best to convince people to start using bitcoin.If everyone started using bitcoin,it's price will go up for sure

[marketgold]

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 will become depressed and try my level best to convince people to start using bitcoin.If everyone started using bitcoin,it's price will go up for sure

If price fall so low, people will never trust bitcoin like is now so they will not gonna use it again

[CloudStrife]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

[Doamader]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

[Mastsetad]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

[safari88]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat.

[jerelimZ]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat.

Yup we never know what will happen next, either it will rise again or simply disappear but if falls to $1 then we can take risk of buying some coins hoping that it will rise again.

[dunfida]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat.

Yup we never know what will happen next, either it will rise again or simply disappear but if falls to $1 then we can take risk of buying some coins hoping that it will rise again.

Buying on $1 per btc wouldnt hurt us if we just spend our  extra money and  not all risking the  money all you have to that single oppurtunity. You are right it might not rise again or dump forever. If  you are  really a risk taker then buy more bitcoin just remember  the risk involved.

[marketgold]

I would buy, but first I would have to see the reason of the crash and if it is the bottom price.

I would buy without the need to know what happened to it, just because i like to colect rare items, and bitcoin at 1 dollar or less wouldnt  for sure reach again above ammounts, it would be the end for it, but the history connected to it its huge, revolution coin and thinkings and its technology ahead our time.

That could be a good way of buying at that moment, if someone just wants to buy and keep them for the future and if it ends their it would be a good memory of the times spent with it and to show it to others and tell them how famous it used to be in times.

This is a big risk, if you buy it can be a big advantage, and vice versa, can be a huge losses. maybe when the price of bitcoin $1, all exchangers will be closed/bankrupt or being a scam. so you can not convert it into a fiat.

Yup we never know what will happen next, either it will rise again or simply disappear but if falls to $1 then we can take risk of buying some coins hoping that it will rise again.

Yea, but this is just a dream. If bitcoin survived so much time and growed in this time , i dont think it will fall very fast

[renem]

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

for me i don't think that bitcoin will disappear if the price drop or down in to 1$ because many user or investors are using bitcoins as a currency where they can start to investing or trading , and bitcoin will continue to grow as the past year because of some company are using bitcoin now don't cry and don't be too negative thinker

[BTCdoaA]

Iam cry becase it bitcoin price dropped and down until one bitcoin price only one dollar
i think is bitcoin will die and disappear from circulation digital curency in the world

for me i don't think that bitcoin will disappear if the price drop or down in to 1$ because many user or investors are using bitcoins as a currency where they can start to investing or trading , and bitcoin will continue to grow as the past year because of some company are using bitcoin now don't cry and don't be too negative thinker

it is impossible that bitcoin return in value to 1 $ so far so good specially with halving profit increase in 2017 for sure due to current demand .

[DeathAngel]

Bitcoin won't drop to $1 but if it did the obvious thing to do would be to buy loads because even if the price only ever recovered to $10 you'd make a great profit.

[Amadues]

I think 1$ could be possible (even ) but there are to many facts that could avoid this bad dump.
the first, is people around btc, because no one want see this price after spending a lot of energies behind this cryptos.