If bitcoin dropped to $1, what you do?

[SquallLeonhart]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

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[aesma]

Sometimes I wonder if bots are writing some of the posts on this forum.

[Spirit2016]

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 that this will not pay off even in a nightmare. If so bitcoin falls, it will be a terrible panic market.

[Corenin]

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 that this will not pay off even in a nightmare. If so bitcoin falls, it will be a terrible panic market.

That's true people who have invested lot of money in bitcoins will surely get panic and even go bankrupt if price goes to that low level in future and it will completely destroy bitcoin as a currency.

[katrimans]

Change to another coin cause for sure the reason why the price of bitcoin drops like that is it is been replace by other coin . But I think it is impossible because bitcoin has many investor that it can be easily be down to that low price range .

The only problem should be that all altcoins would dump together with bitcoin, as they are all connected to xxx/btc, sure some coin would boom and try to take bitcoin place but i really doubt the crypto world would be able to survice if bitcoin went down such to 1 dollar.

I too doubt that the alts would survive without bitcoins since if that happens, then the impact would be that the cryptos are only risky investments and people would rather go and stay away from them.
Either way, I doubt bitcoin would drop to $1. Well, at least not in this era.

[2girls]

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 that this will not pay off even in a nightmare. If so bitcoin falls, it will be a terrible panic market.

That's true people who have invested lot of money in bitcoins will surely get panic and even go bankrupt if price goes to that low level in future and it will completely destroy bitcoin as a currency.

One dollar per bitcoin price is like a bad dream. I hope it will never happen. and if it happens,
i will quit bitcoins for sure.

[co5hike]

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 that this will not pay off even in a nightmare. If so bitcoin falls, it will be a terrible panic market.

That's true people who have invested lot of money in bitcoins will surely get panic and even go bankrupt if price goes to that low level in future and it will completely destroy bitcoin as a currency.

One dollar per bitcoin price is like a bad dream. I hope it will never happen. and if it happens,
i will quit bitcoins for sure.

Many users will follow the same as they will prefer to quit bitcoin if price goes that low in future as I think that there will be no scope for bitcoin to grow once again.

[Doamader]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

Well thats one side of the bitcoin, but to bitcoin crash soo much would mean something went wrong, and no way back to recover, bitcoin would turn into some altcoin used to bump and dump, soo would be insane see the king of crypto being traded that way.

[crockoo]

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.

This is like a bad dream. Already we have suffered such a nightmare when bitfinex hacked.

[Blackmet]

The best way to get out from this situation is buy many many coins to sell it, cause i am sure that in few days price will increase again and you guys will get easy profit.

[Superways]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I do not want that bitcoin drop any more and I think it will now no more drop to bottom, as everyone want the price of it to raise as everyone have their money invested in there. and the other point is that if the price dropped to that value then it will take a long time to raise back to there, just like the drop of a few weeks ago, which you can see is now at $580 and rising with slow speed.

[diodio5]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude

[shinratensei_]

Change to another coin cause for sure the reason why the price of bitcoin drops like that is it is been replace by other coin . But I think it is impossible because bitcoin has many investor that it can be easily be down to that low price range .

The only problem should be that all altcoins would dump together with bitcoin, as they are all connected to xxx/btc, sure some coin would boom and try to take bitcoin place but i really doubt the crypto world would be able to survice if bitcoin went down such to 1 dollar.

I too doubt that the alts would survive without bitcoins since if that happens, then the impact would be that the cryptos are only risky

Maybe altcoins will firstly die because they are not having a value or valuable again in our community especially for bitcoins. until this way alt is always standing on the shoulder of bitcoin. if bitcoin gets a big impact I think they will is also struck.

[secone]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude

if you think about the logic when the price of bitcoin until could touch $1, it will not long survive. bitcoin is almost dead. so do not take a big risk by buying bitcoin as possible and expects the rise again. this is impossible.

[BossMacko]

If bitcoin price will dropped to 1$ then i will stay loyal with it and try to buy as many as i can and wait for the price to up again. That is the risk that i will take because i will still believed in Bitcoin whatever happens to it.

[Mr. Big]

The best way to get out from this situation is buy many many coins to sell it, cause i am sure that in few days price will increase again and you guys will get easy profit.

If that's true, the price haven't dropped that low... But since it dropped that low, it might mean also that the community has almost no trust on bitcoin and probably some big time investors have left.. I don't know if someone would do a manipulation to make the price drop that low and take advantage of its downfall...  

[batang_bitcoin]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude

Well if no one is going to buy with that price for sure the economy of bitcoin is going to be dead for real. But I know that there are a lot of people who are very wise in the economy of bitcoin because it is always going to be profitable for them even what it is going to happen with the price of bitcoin. If the price is going to be low then they are just going to buy.

[dunfida]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude

Well if no one is going to buy with that price for sure the economy of bitcoin is going to be dead for real. But I know that there are a lot of people who are very wise in the economy of bitcoin because it is always going to be profitable for them even what it is going to happen with the price of bitcoin. If the price is going to be low then they are just going to buy.

Thats not  the case since as they see the bitcoins price had declined  they would lost  their trust  to it  and for sure there are new alternative or new alts that would take the place of bitcoin and  those  big investors  would   buy  those coin   rather  than to bitcoin again which they already saw  that its already declining  or even  dead.

[madwica]

Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ can't happen. As it drops, either there is no particular flaw and the drop won't go too far, or there is a big flaw and bitcoin will simply die. Miners will stop their hardware, and you won't be able to even send or receive bitcoin, let alone exchange it for fiat.

Of course we all know that bitcoin is not going to fall at $1 but op is just getting the opinion of the people here and majority tells that it is going to be a good time for buying a lot of bitcoins. Because falling of bitcoin is going to be happen only for a short time and mostly the rising of price is going to be longer than its downfall.

If bitcoin falls to $1 then it will be the best time to collect maximum coins, as everyone is sure that it has an potential to rise again in future, so after that even if it reaches to $100 then it will be a great profit to earn.

I think the potential bitcoin after falling to $ 1 would fall dramatically I think once that happens, the better withstand the desire to buy because it is very likely the price will actually be down very sharply and the price may be dead. so look at the situation before buying dude

Well if no one is going to buy with that price for sure the economy of bitcoin is going to be dead for real. But I know that there are a lot of people who are very wise in the economy of bitcoin because it is always going to be profitable for them even what it is going to happen with the price of bitcoin. If the price is going to be low then they are just going to buy.

Thats not  the case since as they see the bitcoins price had declined  they would lost  their trust  to it  and for sure there are new alternative or new alts that would take the place of bitcoin and  those  big investors  would   buy  those coin   rather  than to bitcoin again which they already saw  that its already declining  or even  dead.

If you say that the bitcoin is going to die i do not agree with you mate and there is no alt coin will replace the mother of crypto currency and i also not agree with you that the users will lost their trust and bitcoin and just pick other alt coin to invest. Some users do investing in alt coin but it remain their main cryto currency is bitcoin.

[airezx20]

The best way to get out from this situation is buy many many coins to sell it, cause i am sure that in few days price will increase again and you guys will get easy profit.

If that's true, the price haven't dropped that low... But since it dropped that low, it might mean also that the community has almost no trust on bitcoin and probably some big time investors have left.. I don't know if someone would do a manipulation to make the price drop that low and take advantage of its downfall...  

1$ is too less to say even if bitcoin price goes down to 100$ again then i am going to buy alot lot of bitcoins as much as i could because i trust bitcoin and know its potential and pretty sure its gonna go up again in the future so that would be a golden time for the investement in the bitcoins and get a really good profit as it price goes up again.