If bitcoin dropped to $1, what you do?

[raver36]

If bitcoin dropped to $1, what you do?

BUY

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[peta4e]

If bitcoin had to drop to $1....I would be the first person to abandon it as it would be worthless not only to mine but holding it aswel

I'd buy all your bitcoin

when you buy all bitcoin, and you can not convert it to a fiat, because if the price $1, bitcoin will be crushed, and no exchangers that accept bitcoin again, a.k.a they chose to close

If he has bought at $1 then why he will prefer to sell at the same price? He will surely hold them till price doesn't increase and sell only when bitcoins reaches to some descent level.

there is no time to hold when the price dropped to $1, I even hesitate to price could be increased. but you will suffer large losses.
so I'm not going to take great risks to it, most likely there will be another coin like bitcoin and you can take advantage of it.

Many people would  lost it trust to bitcoin and for sure many would  suffer big losses especially to those big  investors of bitcoin. When that thing happen maybe there a new coin that would exist and  replace bitcoin to its position and started for a new era. 

Yeah people will surely loose their trust in bitcoins if it falls that low and may be majority of users will prefer to quit bitcoin and find alternate way to invest their money.

That is really unlikely that bitcoin will reach to that price granting the present scenario of how bitcoin is being used my many of its patrons like us. But if it really goes to that point, I would still buy many bitcoins because I love bitcoins irregardless of how market reacts and treat bitcoins. I'll go with btc journey through ups and downs.

Its very easy to say at this stage that you will buy more and more coins if price falls to that level, If you are holding 100 btc and if price falls to $1 will you still keep on buying bitcoins?

Yeah its easy for now  to buy more bitcoin in that state but  for sure when the time comes that bitcoins price goes  down like that maybe  he would change his mind to buy some more bitcoin. Its so risky to buy more with that current state of bitcoin price.  He would even panic sell his coins when it reaches $200 i think.

Yeah people will start selling their coins when they see price going down, and if it falls to $1 then I am sure everyone will go crazy and start dumping their coins.

[boyptc]

If bitcoin dropped to $1, what you do?

BUY

That is what I'm going to do too if the price is going to be at that price then is going to be the right time to buy a lot of bitcoins. But I hope if that happens I have enough funds for buying a lot of bitcoins because I do believe that if that happens there is going to be a come back for the price increase of bitcoin by that time.

[Corenin]

If bitcoin dropped to $1, what you do?

BUY

That is what I'm going to do too if the price is going to be at that price then is going to be the right time to buy a lot of bitcoins. But I hope if that happens I have enough funds for buying a lot of bitcoins because I do believe that if that happens there is going to be a come back for the price increase of bitcoin by that time.

Even if it falls to $1 do not put all your money into it as you never what will happen in future, so if I see that price then I will invest $200 and buy 200 btc, I will not risk all my money in it.

[pearnapple]

Bitcoin will never drop to 1$ , but if it drops for moments and I get a chance to buy I will buy thousands of BTC @1$ because I am 10000% sure it will pump again.

you are right, i think that if the price dropped that much then it would be a really great time to buy your bitcoins in order to become rich after a growth

[cptdome1]

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.

buy?!

[gerXhonza]

Bitcoin will never drop to 1$ , but if it drops for moments and I get a chance to buy I will buy thousands of BTC @1$ because I am 10000% sure it will pump again.

you are right, i think that if the price dropped that much then it would be a really great time to buy your bitcoins in order to become rich after a growth

Dreaming  is good but even dreams should be realistic, as you will never seen that price in future, price will keep on going higher and higher in future, so if you really want to buy then buy it now.

[Doubletrade]

Well for me if it will happen that the price of bitcoin will 1 usd i will convert my bitcoin before it will happen so that i can not lose a lot..

[Yutikas_11920]

Well for me if it will happen that the price of bitcoin will 1 usd i will convert my bitcoin before it will happen so that i can not lose a lot..

Are you stupid ..?? . That if indeed the price of bitcoin will be $ 1 then you've certainly experienced huge losses and if you sell the bitcoin you have then it's the epitome of easy that you are desperate and do not have an establishment for success

[lucki777]

i am going to buy as bitcoin as i can, because i think the bitcoin will get its previous value very soon,

[Satosh¡ Domains]

I would buy lots and wait for the price to rise again.

[cassino123]

i am not going to do any think. i am just going to stop it for every because i know that it will dead for ever.

[umaOuma]

I really don't know what I will do if I see that price, may be I will get panic and even I will become bankrupt if price falls that low in future and I will never prefer to buy it again.

[oceanriver]

i am going to buy as bitcoin as i can, because i think the bitcoin will get its previous value very soon,

in such case i would definitely also buy as much bitcoins as possible in order to get maximum profit out of that, it would possibly make me big money

[poptok1]

I think that if BTC price is around 1 buck than something major and obviously bad had happened to the fundamentals of cryptocurrency in general.
No other explanation for such a low price. In this scenario I would abandon all hope, probably give away my coins and bother no more.
Only a huge hole in the hole less system would drive that price to the bottom, making it impossible to recover. No more point of btc existence -> dump and forget.

Hope the above will never happen.

[chaosknight]

i am going to buy as bitcoin as i can, because i think the bitcoin will get its previous value very soon,

in such case i would definitely also buy as much bitcoins as possible in order to get maximum profit out of that, it would possibly make me big money

Yeah if you trust bitcoin and if you really feel that it can bounce back then you can go for it, but keep in mind that buying at that stage is really risky as no one knows what will happen in future.

[Oppolee]

I think that if BTC price is around 1 buck than something major and obviously bad had happened to the fundamentals of cryptocurrency in general.
No other explanation for such a low price. In this scenario I would abandon all hope, probably give away my coins and bother no more.
Only a huge hole in the hole less system would drive that price to the bottom, making it impossible to recover. No more point of btc existence -> dump and forget.

Hope the above will never happen.

Such forecasts even think most users do not want. Already all hope that the crisis which has given us the best price for bitcoin, has already passed. Therefore, according to new projections, we expect only the price increase.

[tampazeus]

I think that if BTC price is around 1 buck than something major and obviously bad had happened to the fundamentals of cryptocurrency in general.
No other explanation for such a low price. In this scenario I would abandon all hope, probably give away my coins and bother no more.
Only a huge hole in the hole less system would drive that price to the bottom, making it impossible to recover. No more point of btc existence -> dump and forget.

Hope the above will never happen.

Such forecasts even think most users do not want. Already all hope that the crisis which has given us the best price for bitcoin, has already passed. Therefore, according to new projections, we expect only the price increase.

There is no guarantee that price will go high in coming months, everyone is hoping to see higher price but no one knows what actually will happen in next couple of months.

[ajun96]

I will think thats a great oppurtunity to buy more bitcoins because when you see the history of bitcoin, you will surely find an increase in its value after every large fall in its value. surely i will buy lots of bitcoins.

Like you I would make sure to buy a lot of more bitcoins too. I have full faith that bitcoin one day will shine and be mass adopted.
That day is in a few years

I think before trying to invest and buy bitcoin at a very low price you have to see that. bitcoin is it has the potential to go up and have a high price back or bitcoin will die then? you have to estimate it properly. bitcoin because I'm afraid to die and you lose again

[JeffBrad12]

Well for me if it will happen that the price of bitcoin will 1 usd i will convert my bitcoin before it will happen so that i can not lose a lot..

Are you stupid ..?? . That if indeed the price of bitcoin will be $ 1 then you've certainly experienced huge losses and if you sell the bitcoin you have then it's the epitome of easy that you are desperate and do not have an establishment for success

It's not a stupid, it's just his opinions because he thinks if the bitcoin price is down into $1 it's same means bitcoin is not having a chance to alive or above from the hole of death.