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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
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April 21, 2016, 09:09:22 PM
 #261

I would assume the exchanges started telling the truth.

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April 21, 2016, 10:08:08 PM
 #262

I noticed, majority of us would hold bitcoins and continue the process. As we look from the history, its value reach a lower price compare now. So whenever bitcoin drop to $1, there are still possibilities to increase its value. It's a cycle.

So while it's alive, we are here for a purpose and make it to happen.

If it drops to $1 in future I will buy 2000 btc and hold it for future hoping that price will rise and even if it reaches to $100 after that you can imagine the profits that I will be earning.
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April 21, 2016, 10:24:39 PM
 #263

I would be really sad but maybe not, I don't have too much bitcoin and if it became the same as USD maybe that would be kind of cool.

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April 22, 2016, 09:15:15 AM
 #264

I would be really sad but maybe not, I don't have too much bitcoin and if it became the same as USD maybe that would be kind of cool.

I don't that's still cool when the price reaches $1...That is tragic... When it reached that low, it is like telling us that bitcoin has no where to go and in the state of dying...
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April 22, 2016, 09:19:05 AM
 #265

I would be really sad but maybe not, I don't have too much bitcoin and if it became the same as USD maybe that would be kind of cool.

I don't that's still cool when the price reaches $1...That is tragic... When it reached that low, it is like telling us that bitcoin has no where to go and in the state of dying...

Believe in bitcoin its not that weak to go back to $1 and even if falls that low then it will rise again in future so if  it falls try to collect as much as you  can Grin
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April 22, 2016, 09:33:57 AM
 #266

I will buy bitcoin as many as i can, Future comes, Future money lol
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April 22, 2016, 10:28:08 AM
 #267

I will buy bitcoin as many as i can, Future comes, Future money lol

I will surely buy more and more and leave it for years and surely it will regain its price like what happen for the past years and by that ee can be millionaire just like them. I will leave it and and continue life ofline and do my daily choirs and job and after long years and check if i got profit with who knows. I can buy an island if the time happens.


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April 22, 2016, 07:08:41 PM
 #268

I will keep playing as long as bitcoin has a price. but maybe I'll find a job in the real, because bitcoin already I can not rely anymore, if the price is only $1.

Do you mean that now you are not working on any real jobs and rely only on bitcoin for your daily life? If so, I wonder how you can make a living with bitcoin only. Would you share how you do it?
I am glad you wonder. Many people I know are making a living of bitcoins and they not just earn enough for basic life needs but they also manage luxuries like cars , etc !
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April 22, 2016, 07:12:04 PM
 #269

that moment will be really a heart breaking moment, everyone with that drop will lose all of their wealth and after that no one will come back to bitcoin to support it or to invest in it.
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April 22, 2016, 07:14:26 PM
 #270

that moment will be really a heart breaking moment, everyone with that drop will lose all of their wealth and after that no one will come back to bitcoin to support it or to invest in it.

At first some panic would occur (like most of us I think. But then after reconsideration, I would slowly start buying bitcoins again.
I trust biitcoin enough to get back on track.
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April 22, 2016, 07:15:00 PM
 #271

I will buy bitcoin as many as i can, Future comes, Future money lol
but it wouldnt mean that the price will surely grow in the future because most people wouldnt be willing to buy any bitcoins after such a huge drop in my opinion, though thats just my ideas
I would be really sad but maybe not, I don't have too much bitcoin and if it became the same as USD maybe that would be kind of cool.

I don't that's still cool when the price reaches $1...That is tragic... When it reached that low, it is like telling us that bitcoin has no where to go and in the state of dying...

Believe in bitcoin its not that weak to go back to $1 and even if falls that low then it will rise again in future so if  it falls try to collect as much as you  can Grin
the possibility that it will grow after such a big fall is near zero in my opinion, people would be dumping everything they have all at once, and they would definitely lose all the interest in it

 
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April 22, 2016, 07:16:41 PM
 #272

that moment will be really a heart breaking moment, everyone with that drop will lose all of their wealth and after that no one will come back to bitcoin to support it or to invest in it.

At first some panic would occur (like most of us I think. But then after reconsideration, I would slowly start buying bitcoins again.
I trust biitcoin enough to get back on track.

That's the right thing to do, have faith in bitcoin and it will grow once again, if it falls that low I will invest all my money into it as I am aware about the potential of bitcoin.
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April 22, 2016, 07:57:52 PM
 #273

I do not think this is a realistic scenario, not at least in the near future. If it ever happened, I would hold my BTC, probably would look for some jobs paid in Bitcoin to earn some more without risking my fiat money (probably some people would be trying to get rid off their BTC and that would be my chance to grab it while doing what I like -translating, coding, etc.-).

Smart move but this low value of bitcoin is not possible in near future, I think $100 would be the maximum nothing below then that level.
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April 22, 2016, 07:58:08 PM
 #274

that moment will be really a heart breaking moment, everyone with that drop will lose all of their wealth and after that no one will come back to bitcoin to support it or to invest in it.

At first some panic would occur (like most of us I think. But then after reconsideration, I would slowly start buying bitcoins again.
I trust biitcoin enough to get back on track.

That's the right thing to do, have faith in bitcoin and it will grow once again, if it falls that low I will invest all my money into it as I am aware about the potential of bitcoin.
yes, i will always have a lot of faith in bitcoin and i will always expect for it to grow really fast in the future, though it might be a bad decision too because i might lose money

if bitcoin would drop to one dollar each i would buy a lot of cheap bitcoins then, i would either make some big profit in the future or i would be really unsuccessful doing it, lets hope nothing bad would happen

 
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April 22, 2016, 08:03:54 PM
 #275

I do not think this is a realistic scenario, not at least in the near future. If it ever happened, I would hold my BTC, probably would look for some jobs paid in Bitcoin to earn some more without risking my fiat money (probably some people would be trying to get rid off their BTC and that would be my chance to grab it while doing what I like -translating, coding, etc.-).

Smart move but this low value of bitcoin is not possible in near future, I think $100 would be the maximum nothing below then that level.

Indeed, I also do not see it happen that the bitcoin is going to a lower amount anymore, I also think it will get stable this year so I think its not possible.
If it will happen I would already stepped out before the 1 dollar range to be honest.

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April 22, 2016, 08:56:52 PM
 #276

I would already stepped out, I think you can already see this coming if it happens and that the most people will sell their coins fast to still make some money even if they lost some money because of it.
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April 22, 2016, 09:46:31 PM
 #277

I would already stepped out, I think you can already see this coming if it happens and that the most people will sell their coins fast to still make some money even if they lost some money because of it.

People who have faith in bitcoin will never sell their coins even if it falls that low and I will make sure that I buy lot number of coins if price reaches to $1.
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April 22, 2016, 09:47:36 PM
 #278



yes you are right, this time I do not have a job, only rely on bitcoin. many ways to get bitcoin. I do trade altcoin, I've been doing this, so I can make a profit every week with a considerable value. I also get the initial capital of the signature campaign.
I am glad to hear this but I find it hard to believe that someone can actually live off bitcoin trading.I would like to hear how much you make every week with altcoin trading?
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April 23, 2016, 10:09:20 AM
 #279

Since someone invite me here, actually become part of my lifestyle, every day I was here for the event.
Many still believe that even decrease the amount of bitcoin in that price will come forward to increase it again.
But it also happen because it could happen. So there will continue to maximize storage for bitcoin in the coming days.

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April 23, 2016, 10:40:46 AM
 #280

if bitcoin dropped to $350 I would take all my fiat out of the bank and start buying bitcoin, you can only imagine what I would do if the price could go lower than that.

these days with all the good news about bitcoin, I can only imagine higher prices with no dip in the market. so any investment at this point is guaranteed profit.

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