Holdaaja
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Activity: 1274
Merit: 1000
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May 27, 2016, 12:30:37 PM |
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I would definitely buy a lot more.
But it is impossible to go that low because people would buy more way before it can hit that price.
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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May 30, 2016, 10:48:06 AM |
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We never know what would be the future of bitcoins. But what ever happens to it I will seek good reasons to continue using this coins. I would rather to buy a lot of btc too if I had enough amount of money but I will prevent my self from selling my properties and usefull things.
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stromma44
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May 30, 2016, 11:14:22 AM |
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I would definitely buy a lot more.
But it is impossible to go that low because people would buy more way before it can hit that price.
Yeah, and I don't think now we will ever see that low price of bitcoin, and if it falls then some of them will quit bitcoin and those who have faith in bitcoin will try to collect more. |
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pearl11
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May 30, 2016, 11:47:00 AM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
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Beinglove
Newbie
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Activity: 55
Merit: 0
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May 30, 2016, 11:50:18 AM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Probably this would be favorable to buyers. Analyzation is needed if when you gonna buy or sell your bitcoins. Well whatever happens to btc like dropping its value to $1 I still believe that it can survive, it was already proven according to its history. |
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mark coins
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May 30, 2016, 11:50:50 AM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times. |
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pocarime32
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May 30, 2016, 12:04:50 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times. I'm not doing that. I think it will be hard for bitcoin's price to increase again if it's only $1. Many people will stop using bitcoin and leave it, and maybe the next bitcoin will come out. |
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lister storm
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May 30, 2016, 12:36:08 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times. but it has never been so low before so in my opinion a lot of people would be sad that the price dropped that much and they wouldnt put any more money into bitcoins i would most probably buy some bitcoins though i would be very careful to be honest in order not to lose even more money that i would lose for having bitcoins when it drops |
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Cryptonitex
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May 30, 2016, 12:38:44 PM |
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If the price will go down that far... AS it goes down, people will be buying like it's candy!
I don't think it could go that low, but if it does; and it rebounds, I'll be one rich son of a B!7(H
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dezoel
Legendary
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Activity: 2016
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
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May 30, 2016, 12:40:31 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Majority of us will do the same, as we have faith in potential of bitcoin that if it falls it will grow once again in future and it has successfully proved it many times. but it has never been so low before so in my opinion a lot of people would be sad that the price dropped that much and they wouldnt put any more money into bitcoins i would most probably buy some bitcoins though i would be very careful to be honest in order not to lose even more money that i would lose for having bitcoins when it drops We need to hold it for really long time if we want best results from it, as of now I don't think that price of bitcoin will fall that low in future. |
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jossiel
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May 30, 2016, 12:41:47 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you will still know the password of your bitcoin wallet. But still, you will earn big profit from it. |
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gagalady
Legendary
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Activity: 938
Merit: 1000
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May 30, 2016, 12:46:37 PM |
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Not now, many in next 2-5 years the bubble will burst.
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Cryptonitex
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May 30, 2016, 12:51:14 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you will still know the password of your bitcoin wallet. But still, you will earn big profit from it. That's still a giant profit for 20 years, and $1000 isn't much money for a $49,000 profit. Even if he isn't alive, tell your kids about BitCoin, will it to them, they'll be happy to have 1,000 BitCoin. By that time, we really won't need the USD. |
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jossiel
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May 30, 2016, 01:05:00 PM |
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If bitcoin dropped its price to 1$ then i will buy 1000btc and hold them for twenty years, even if the price went up at 50 still i have a lot profit when i sell them all.
Well that's a good thing but you need to wait for almost 20 years before getting profit on it and you wouldn't if you are still alive that time or you will still know the password of your bitcoin wallet. But still, you will earn big profit from it. That's still a giant profit for 20 years, and $1000 isn't much money for a $49,000 profit. Even if he isn't alive, tell your kids about BitCoin, will it to them, they'll be happy to have 1,000 BitCoin. By that time, we really won't need the USD. Well that's the only way to get his profits to tell and teach his kids or any relative to adopt bitcoin and he has some savings , holding bitcoin for the years to come and they will benefit on it. Once the right time comes and they think that is enough. |
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Shibashi Dogemoto
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May 30, 2016, 01:35:46 PM |
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If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
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hendra147
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May 30, 2016, 01:38:14 PM |
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If price drops to $1 then I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.
yes it could increase again if most people think like you, buy bitcoin as much as possible, and when prices are rising you immediately sell it, but I think after that it will fall back quickly and lots of people will lose |
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bitcoinhopper
Sr. Member
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Activity: 336
Merit: 250
Bravity is beautiful.
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May 30, 2016, 01:39:07 PM |
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I wouldn't call what your brother says solid proof, because it's just not. Everyone here could say that bitcoin will reach $500 somewhere this month. Most of us here want that to happen and it has the potential to do so, it's just a matter of when it's going to happen.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
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klf
Legendary
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Activity: 1344
Merit: 1000
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May 30, 2016, 02:48:34 PM |
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I wouldn't call what your brother says solid proof, because it's just not. Everyone here could say that bitcoin will reach $500 somewhere this month. Most of us here want that to happen and it has the potential to do so, it's just a matter of when it's going to happen.
It doesn't really matter to me when it's going to happen. I'm in it for the long term so it can happen today, tomorrow or in 5 years.
Hey mate did you checked what is the price of 1 BTC today. what every one is thinking and what purpose every one is holding there bitcoin that time came mate. Today 1 BTC price is 530$ i think no one will imagine this much increase right. Now question is what you will do it crossed 500$ today? So why simply we think about negative right Bitcoin price if it go down also immediately it will not decrease 1$ right we know before that only so when it started to down we can sell our coins thats it. |
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bloodnest
Member
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Activity: 70
Merit: 10
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May 30, 2016, 03:05:42 PM |
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Would've sold all my BTC for flat currency before that'd happen lol In that case, I would probably try to get out of my bitcoin cave and venture forth for another crpytocurrency or altcoin  . (not a real trader, but i'm assuming if BTC would reach that point then the thing in the eyes of the people would be less valuable than something else in its stead/because of any other reason that could impact its function and usefulness) |
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bamboylee
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May 30, 2016, 03:15:02 PM |
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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 will have doubts to buy on that level. It was like bitcoin has just been born and no one trust it. I think that price will not come unless a major catastrophe strikes bitcoin. If it is just 250, I will surely buy more. |
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