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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
CoinSiteDesigner
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May 20, 2016, 04:20:40 PM
 #761

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That doesn't makes it a dead coin when it's still worth of $1 and there is no death to BTC. Whenever the price goes down, people will start buying and it rises again.

And FYI, this forum is not dedicated to only bitcoin just because the name says so. There are other currencies too.
The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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May 20, 2016, 04:21:37 PM
 #762

The changing of bitcoin's value is not reasonable because its very common. May be when it reach that amount, I would try to buy BTC with my earned coins lately, hold then wait to rise again. The up and down of price itself is natural, even it reduce it will still increase.

No need to worry if price drops, as its very common with bitcoin, so if price falls then you need to buy bitcoin and hold it for future as price will rise again soon.
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May 21, 2016, 09:39:04 AM
 #763

First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.

Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin.
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May 21, 2016, 09:51:38 AM
 #764

First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.

Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin.

I don't think that is possible, even if chinese governmet creates panic that low price of bitcoin is not possible, and if it falls I will buy in bulk and keep it safe for future.
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May 21, 2016, 10:02:31 AM
 #765

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That's not the fair decision. You should surely need the hope that the bitcoin once again grows as it had come to this level from the same $1. I would buy as much possible.
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May 21, 2016, 10:03:33 AM
 #766

It doesn't sound very realistic for BTC to dropp to justw 1$. But that would be great opportunity for buying, in.case that this somehow happens but also depends what the reason for such dropping of the price. Such low price could endanger the existance of Bitcoin.

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May 21, 2016, 10:04:22 AM
 #767

I'd stop coming to this board and try to forget since well there is no really point discussing a dead currency.

That's not the fair decision. You should surely need the hope that the bitcoin once again grows as it had come to this level from the same $1. I would buy as much possible.

Yeah that's the right thing to do, if price falls to $1 then buy 1000 coins, so even if price rise to $2 you are making almost double profits.

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May 21, 2016, 10:17:06 AM
 #768

First of all, Its not going to happen that Bitcoin's Price will be drop to $1 - But if it happens in my dream, I would buy 10000+ BTC and will wait for it's price to rise up and stable.

Your right, it can never happened unless chinese government could create huge panic if they over take all farms and continue double spending transactions at large in order to kill Bitcoin.

I don't think that is possible, even if chinese governmet creates panic that low price of bitcoin is not possible, and if it falls I will buy in bulk and keep it safe for future.

Don't worry guys it won't happen even there are a lot of Chinese miners there and they are dominating the mining field. And don't even think about those
things. They are also getting profit with bitcoin and they won't allow bitcoin to fall.



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May 21, 2016, 10:40:48 AM
 #769

I don't think it would be. If the price fall, I'd buy all the bitcoin I can. But so hard to fall.
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May 21, 2016, 11:19:01 AM
 #770

It doesn't sound very realistic for BTC to dropp to justw 1$. But that would be great opportunity for buying, in.case that this somehow happens but also depends what the reason for such dropping of the price. Such low price could endanger the existance of Bitcoin.

yes it really is not realistic, but we'll never know. because the price of the previous bitcoin is $1.
but it will not happen, because the development of bitcoin is increasingly widespread and more and more users. make bitcoin will continue to grow in the future.

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May 21, 2016, 11:19:54 AM
 #771

Sadly, it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible Tongue.
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May 21, 2016, 11:27:00 AM
 #772

Sadly, it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible Tongue.

Cannot afford to sell car and home to buy bitcoin if price is that low, my savings will take care of it, and if price skyrockets in future then I would be able to buy some more cars and luxury apartments  Grin
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May 21, 2016, 11:29:34 AM
 #773

I will still not sell my coins and save it for future. Grin
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May 21, 2016, 11:48:57 AM
 #774

Many have said that it is not possible, well actually it is "possible" that bitcoin will dropped to $1. Bitcoin is not yet stable at its current status, just one big event will turn it to upside down. This question is like asking "If bitcoin price increase to $440, what will you do?" when bitcoin was first introduced in the world.
So my answer will be, i'll buy bitcoin but not so many since it is near being a dead coin and no one will be sure that it will rise again up to like $440.
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May 21, 2016, 12:09:51 PM
 #775

$1 a bitcoin ?? Its like a joke
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May 21, 2016, 12:23:07 PM
 #776

It will be high crisis if this happens
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May 21, 2016, 12:28:00 PM
 #777

I don't think we will see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.
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May 21, 2016, 12:35:12 PM
 #778

If the price of bitcoin dropped to $1 i will giveaway some of my bitcoin because it's useless and save some of my bitcoin and hoping someday the price will increase again.
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May 21, 2016, 12:56:55 PM
 #779

Sadly, it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible Tongue.
agreed,its hard for bitcoin to reach that price,almost impossible,people will pump it up until reach better price if bitcoin price almost reach that price.
but,lets imagine if bitcoin really drop until $1,i will buy as much as i can,and hoping the price will normal soon.

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May 21, 2016, 12:58:46 PM
 #780

I'll do some research, if prices could rise again. if they can go up I will keep bitcoin

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