Zadicar
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 Offline
Activity: 1330
Merit: 1020
Seabet.io | Crypto-Casino
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August 22, 2016, 05:20:06 AM |
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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. He didnt say that it would happen he already stated bout his view about the possibilities when bitcoin price would go to $1 price. He might a point though i think because if bitcoin would decline like that maybe ether or any alts would rise its value against btc then some investors would find a good price alts rather than $1 of bitcoin, you could only say that bitcoin is superior because hes top of the cryptocurrency world . |
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8Habits
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August 22, 2016, 05:59:25 AM |
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Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ 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. He didnt say that it would happen he already stated bout his view about the possibilities when bitcoin price would go to $1 price. He might a point though i think because if bitcoin would decline like that maybe ether or any alts would rise its value against btc then some investors would find a good price alts rather than $1 of bitcoin, you could only say that bitcoin is superior because hes top of the cryptocurrency world . Good point. Instead of investing to bitcoin that decreases its value already to $1, invest instead in other alt coins against bitcoin. Well, the big profit here is the process bitween current bitcoin prices down to $1. When the $1 mark is reached, less to no profit at all if we invest to other altcoins against btc. |
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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August 22, 2016, 07:50:55 AM |
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Many people here don't seem to understand bitcoin at all. Bitcoin at 1$ 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. He didnt say that it would happen he already stated bout his view about the possibilities when bitcoin price would go to $1 price. He might a point though i think because if bitcoin would decline like that maybe ether or any alts would rise its value against btc then some investors would find a good price alts rather than $1 of bitcoin, you could only say that bitcoin is superior because hes top of the cryptocurrency world . Good point. Instead of investing to bitcoin that decreases its value already to $1, invest instead in other alt coins against bitcoin. Well, the big profit here is the process bitween current bitcoin prices down to $1. When the $1 mark is reached, less to no profit at all if we invest to other altcoins against btc. I think it the film "The Big Short" who have done this. Betting against a large economic mortgage housing investment. All of them laughed but not him. Though it is really like at the end he aint happy of what really happened. If this $1 sh!t happen then I am off also to a better one. But I will still leave some coin making sure that if it goes back to a better price I have some in it. |
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Digital_Lord
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August 22, 2016, 07:54:26 AM |
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I think it the film "The Big Short" who have done this. Betting against a large economic mortgage housing investment. All of them laughed but not him. Though it is really like at the end he aint happy of what really happened.
If this $1 sh!t happen then I am off also to a better one. But I will still leave some coin making sure that if it goes back to a better price I have some in it.
first of all, I don't think it will happen. I said it many times before, miner will not let bitcoin to dump like that. but if it will happen getting bitcoin will be more easier. as a earner and trader I am ready for everything. if bitcoin price is not 500$ then getting a whole bitcoin need more work. and when bitcoin's price change to 1$ then getting one bitcoin will be easy. |
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Danielzo
Member
Offline
Activity: 102
Merit: 15
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August 22, 2016, 09:06:45 AM |
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I'd probably buy more but I wouldn't rely so much on it if that happens. Let's hope it doesn't happen.
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SAMKUSH
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August 22, 2016, 09:41:11 AM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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August 22, 2016, 09:42:51 AM |
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I'd probably buy more but I wouldn't rely so much on it if that happens. Let's hope it doesn't happen.
At least you have a chance to buy but I think you are the only one buying when that will happen as people will think bitcoin is dying already. I hope it will not happen but we need to be ready of the possibilities. |
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Danielzo
Member
Offline
Activity: 102
Merit: 15
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August 22, 2016, 09:48:19 AM |
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I'd probably buy more but I wouldn't rely so much on it if that happens. Let's hope it doesn't happen.
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Roboabhishek
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August 22, 2016, 10:00:11 AM |
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As we all know how popular bitcoin is getting these days.
So even if it drops down to 1$ , I will buy 10K bitcoins and fulfill my dream of betting 100 BTC Every Bet.
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jak3
Legendary
Offline
Activity: 1274
Merit: 1004
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August 22, 2016, 10:13:47 AM |
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i don't think it will be worth to buy and hold if the price falls upto 1$ because there will no miner avalible in the network who can bear that much loss per block andits totally insane if anyone keep mining at that rate
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dEJAVU95
Newbie
Offline
Activity: 56
Merit: 0
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August 22, 2016, 10:18:07 AM |
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If Bitcoin drops to this level, for sure I'll sell everything I have like PC, cellphone and maybe my car. to buy as much as I can, because it will increase back in a matter of hours or days. However, that's just a dream, because it will never reach this point back.
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PsursV
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August 22, 2016, 10:40:46 AM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. |
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fkvidar
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August 22, 2016, 10:44:13 AM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. |
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Ruzka
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August 22, 2016, 10:47:27 AM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. |
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gerXhonza
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August 22, 2016, 11:58:03 AM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. |
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SvenBomvolen
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August 22, 2016, 12:03:11 PM |
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I would quit all this, and probably I will feel sorry cause I missed all the fun that people had in last 7 years. I don't know what else I could do, except that?
This topic made me to think about it, is it time to buy some other coins that are cheap now, but can worth a lot in the future, even more then btc? Is there such coin that can replace bitcoin one day? Sometimes this crypto world confuse me a lot, how to catch good opportunity.
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Positid
Sr. Member
Offline
Activity: 378
Merit: 250
BULL RUN until 2030
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August 22, 2016, 12:05:57 PM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. |
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tampazeus
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August 22, 2016, 12:16:23 PM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins. |
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pocarime32
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August 22, 2016, 12:17:45 PM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins. If the people buy bitcoin when the price dropped to $1, they are so brave imo, because it's really risky. If the price dropped to $1, i'm not sure people will trust bitcoin anymore. |
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blackmachinegun
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August 22, 2016, 12:29:09 PM |
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Unless there is a problem with bitcoin in some way then I don't see how it could reach $1. If however someone offered to sell bitcoin to me for $1 I would buy as many as I can and invest them.
but to me if the price of bitcoin dropped to 1$ then there must be some thing seriously wrong to bitcoin therefore i will not be welling to buy bitcoin in such situation, to me if bitcoin really fell down to 1$ then it will be consider as dead and no one will taking interest in bitcoin anymore. Yeah most of the users will prefer to stay away from it and will prefer to see how bitcoin reacts after that massive fall, if it again starts to rise then only it will be wise to invest in it. And that is why you/most will never make serious money in crypto. The time to buy is when there is blood on the streets, when others are fearful etc etc. If people have already lost huge sum in bitcoins after falling to that price then I don't think they will be in position to invest some more money in bitcoins at that stage. That's true, with that amount it is already dead and the bitcoin economy will no longer survive with that hard fall. We have already reach success now so with that amount of the price of bitcoin people will no longer aggravate their loses and declared themselves that they have lose their money in bitcoin. Yes and its hard to believe that people will show any interest in bitcoin if they have lost everything in it, but the people who wants to enter the bitcoin it would be the best time for them to buy maximum coins. If the people buy bitcoin when the price dropped to $1, they are so brave imo, because it's really risky. If the price dropped to $1, i'm not sure people will trust bitcoin anymore. yeah of course very risky. because the price may be the price actually dead or back to zero. when bitcoin down to $ 1 I think there is no potential for bitcoin to rise. because I'm sure many people will be traumatized and afraid to invest into bitcoin again |
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