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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98133 times)
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April 28, 2016, 11:18:07 PM
 #401

Of course this drop in the bitcoin price would not be done in the overnight. We will watch a gradual weakening in the bitcoin ecosystem and we would get continuous information to make the best decision in the right time. Perhaps at that level of price I would lose all interest in crypto currencies.
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April 28, 2016, 11:23:52 PM
 #402

Look... Btc will never be a dollar. Never ever, ever, ever.  There is a better chance of me dropping a bitcoin in the parking lot at Walmart.
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April 28, 2016, 11:30:16 PM
 #403

Buy more for sure! any trader need to know "buy the dip and sell the top".
Keep your eyes wide open for btc price next months, the halving will bring great opportunities to make some money.
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April 28, 2016, 11:35:31 PM
 #404

I cannot imagine that low price of bitcoin in future, bitcoin is growing at a moment and it will continue to rise in future too, and if it falls then I will collect maximum number of coins.
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April 28, 2016, 11:48:34 PM
 #405

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 the answer is quite obvious. Bitcoin has risen well in the past years. If it drops to such a low price, I would buy as much as possible. It may rise back up. However, many people may not because BTC may earn a bad reputation. However, like I said I would personally buy BTC as soon as it drops even 100 dollars.
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April 29, 2016, 12:22:48 AM
 #406

I cannot imagine that low price of bitcoin in future, bitcoin is growing at a moment and it will continue to rise in future too, and if it falls then I will collect maximum number of coins.
Its of course not the future, its just a question if this happens what you would do, the bitcoin has a very good future and its not possible also in my eyes.
If it would lower to a lower amount of 100 dollar I would already sold all my bitcoins before it will really collapse.
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April 29, 2016, 12:26:55 AM
 #407

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.



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April 29, 2016, 03:24:08 AM
 #408

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.

There's nothing certain about the future...Bitcoin might still reach that low, but if it is at that point already, we should have jump off the ship and stop the joy ride, it means, everybody is leaving bitcoin, that is the reason why price would drop...
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April 29, 2016, 04:12:57 AM
 #409

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.
I also can not imagine it happening. it was too awful.
to be honest, I was used to search bitcoin, and bitcoin sell, if the price dropped to $ 1, all the plans that kususun to date will be destroyed

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April 29, 2016, 04:21:16 AM
 #410

I don`t even wish to think about it, but if this happen (i cant imagine how) I will move on. Who knows what else will be there.. I believe bitcoin have a place in our future. So its impossible to drop so low. Even in a dream.

There's nothing certain about the future...Bitcoin might still reach that low, but if it is at that point already, we should have jump off the ship and stop the joy ride, it means, everybody is leaving bitcoin, that is the reason why price would drop...

That's right. Nobody could predict what's gonna happen 10, 15, 20 years from now. As to how low BTC price can go is as good as anyone's guess. So many factors could affect price movement and I'm sure there will be warning signs before something terribly happens.
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April 29, 2016, 04:35:16 AM
 #411

If the price dropped to 1$ so be it.. It depend on us bitcoin lovers and earners who can dictate the price of bitcoin. But im pretty sure bitcoin will not go that price.
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April 29, 2016, 05:39:35 AM
 #412

I have nothing to do but to stop using bitcoin since I did not even invest a single cent from real money. It is okay for me and I have nothing to do with it or I will still collect more hoping for a price back.

Every user who really know the true nature of bitcoin try to collect as much possible as quoted by the above mate. Bitcoin has grown to peak from $1. So in future if price falls to $1 surely increase will happen.

Definitely these statements were right. If bitcoin drops to $1 then probably it is the best time to purchase more btc because surely it will increase again.
If it did happen, the top-of-the-head answer by most people would be to go and panic-buy bitcoins. But with that in everyone's mind, the value of bitcoin staying at $1 would be impossible because of the skyrocketing demand. I'm not an economist but I somehow understand the supply and demand theory.
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April 29, 2016, 06:01:10 AM
 #413

At this point, I'd say I told you so

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April 29, 2016, 06:26:40 AM
 #414

Call yourself an idiot for not selling before it hit 1$.
wow, that is a difficult thing. you can not wait until 1USD. it is something that needs time to get 1 USD,
I think when prices began to fall sharply bitcoin surely you will not be able to continue to hold your bitcoin. you would follow the stream to panic and sell

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April 29, 2016, 07:10:43 AM
 #415

The chance is really small that it can happen because the value is not even that low now and you see also that the value is not even rising now so it keep stable for a long time.
And not many people like it because they want to make profit in a fast time and that is not possible now.
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April 29, 2016, 08:31:12 AM
 #416

I cannot imagine that low price of bitcoin in future, bitcoin is growing at a moment and it will continue to rise in future too, and if it falls then I will collect maximum number of coins.

Not at all a value to reach. At least when the price was around $100, the possibility might be little high to reach $1.

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April 29, 2016, 09:08:47 AM
 #417

Right at the moment, the exchange rate is around 340 dollars. One dollar drop wont affect me much though. I will still keep it in my ANX account.
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April 29, 2016, 09:25:55 AM
 #418

Right at the moment, the exchange rate is around 340 dollars. One dollar drop wont affect me much though. I will still keep it in my ANX account.
lol you don't get it, OP said if bitcoin dropped to 1$,or simple words, if a bitcoin equivalent to 1$ ,so it'll affect that much to so many bitcoiners
,and it'll sure affect you too

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April 29, 2016, 10:23:12 AM
 #419

Depending on the reason it dropped i'd buy more i guess.

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April 29, 2016, 10:38:16 AM
 #420

Quit. I don't think there's gonna be much coming back from that type of level. Maybe there'd be a few death rattles. I ain't hanging around to see them.


Yes it will never happened in real life, because now bitcoin is in a top place how can bitcoin will come at 1$,it is an imagination only, but you can say that bitcoin will drop his actual price which is here in this time. but not come at $1 forever.
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