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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
terman45x
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April 18, 2016, 04:16:18 PM
 #181

If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
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brianlee01
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April 18, 2016, 04:19:06 PM
 #182

If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
If that happens i will hold the bitcoin until get up maybe until bitcoin unmined.
jamesl22
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April 18, 2016, 05:44:33 PM
 #183

If that happens i will buy as much as i can. I don't have big amount of bitcoin right now, so, i guess i won't get worried if that happens.  Grin
It's unlikely to happen though, maybe if all of bitcoin user will sell, there's a chance that it could happen. Huh

No mate I don't think any one will sell their coins at a moment, and even if it falls extremely in future, the true believers of bitcoin will still prefer to hold for the future.
If that happens i will hold the bitcoin until get up maybe until bitcoin unmined.

I will keep on buying if the price falls that low as I am sure that bitcoin has potential to grow again in future but expecting bitcoin to fall that low is simply not possible.
MedaR
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April 18, 2016, 05:54:21 PM
 #184

This forum is known by daydreaming, and this one's my favorite must admit. Some things cannot happen no matter how hard we want it..But don't desperate there are many chances for increasing number of your btcs by trading alts.

You can rent this space
CarrollFilms
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April 18, 2016, 05:55:34 PM
 #185

I'd buy the shit out of it and hold it until I see fit to sell it or use it.

Back in my day Bitcoin used to cost $69
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April 18, 2016, 07:01:35 PM
 #186

buy 1k of bitcoin if it drops to 50cents

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JumperX
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April 18, 2016, 07:06:53 PM
 #187

$1 is simply to be possible in near future as I don't think bitcoin will fall that low in future it is rising at a moment and it will continue to rise in future too, we will see some best price of bitcoin in future.
a7mos
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April 18, 2016, 07:14:11 PM
 #188

if bitcoin dropped only 50$ on the chart, a lot of people will start selling their coins. so no one will wait till it reaches 1 dollar as you think, except some few firm believers. a long fall like this would happen if btc died only
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April 18, 2016, 07:38:21 PM
 #189

I'd buy the shit out of it and hold it until I see fit to sell it or use it.
well if the price fell that much im pretty confident to say that it wouldnt recover so easily for you to make a lot of profit as people would lose all the faith in it that it can make them profit

im pretty sure i would go all out of bitcoins back to fiat or just invest my money into other crypto that would be trending among the peopel and that could potentially give me profit

 
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April 18, 2016, 07:55:46 PM
 #190

Depending on the reasoning, I would probably buy a lot of bitcoin.  Bitcoin is too useful.
JumperX
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April 18, 2016, 08:04:19 PM
 #191

Price of bitcoin will never fall that low and if it falls that means its an end of the bitcoin and majority of the people will leave bitcoin for sure and find alternate product to invest.
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April 18, 2016, 08:36:30 PM
 #192

if bitcoin dropped only 50$ on the chart, a lot of people will start selling their coins. so no one will wait till it reaches 1 dollar as you think, except some few firm believers. a long fall like this would happen if btc died only

I also think a lot of people will already be left if it hit the 1 dollar and I also think this is not possible because if it drops it will drops very fast and good and will die almost directly.
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April 18, 2016, 08:47:59 PM
 #193

I would consider it comparing to other altcoins. If it kept being a prominent one, probably I will hold and buy more. If not, probably would hold the ones I already have.

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April 18, 2016, 08:49:27 PM
 #194

this is never going to happen.
co5hike
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April 18, 2016, 09:19:13 PM
 #195

this is never going to happen.

Exactly it will never happen that bitcoin will fall that low, and if it goes that low then I would invest all my money into it and will for it to grow again in future.
mindrust
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April 18, 2016, 09:30:41 PM
 #196

If btc ever dropped to $1, I would wait it drop to 0.1$.

Why would i buy if its dropping like mad?

You shouldn't buy when the price was dropping, newbie mistake.

You should catch a rise  and buy before its too late.

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BTCBinary
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April 18, 2016, 09:55:57 PM
 #197

If bitcoin ever goes down to $1 I guess that many people will dump it and forget all about it. However I do believe that it will not be dead, because the Bitcoin believers and people like me will still use it and continue to believe in its potential. So in a way I don't believe Bitcoin is going to be daed soon
btvGainer
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April 18, 2016, 10:12:07 PM
 #198

Quote from: Monnt
link=topic=1438622.msg14555048#msg
14555048 date=1460765361
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.
If bitcoin price falls to $1,it would be
akin to bitcoin death and I doubt it
will ever rise again.Despite this I
would still buy atleast 10 btc and
store them hoping for some miracle
btccashacc
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April 18, 2016, 10:54:02 PM
 #199

If btc ever dropped to $1, I would wait it drop to 0.1$.

Why would i buy if its dropping like mad?

You shouldn't buy when the price was dropping, newbie mistake.

You should catch a rise  and buy before its too late.

if bitcoin dropped to $ 0.1 it seems like bitcoin will be die, when the price going down like that peoples are not interested to bitcoin anymore and sooner or later they will leaving and never back again,
JavaLove
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April 19, 2016, 12:35:07 AM
 #200

Something pretty devastating must occur for the price to go down that far, but let's assume the price declines at a constant rate for about 2 months and ends up at $1. What would I do?

I have a fair amount of assets in Bitcoin, so I'd definitely HOLD onto those. The price will rebound as they did in 2008 on the stock market.

I'd also buy up as much as I could, just as most people would. This would actually cause a domination of the buying section of Bitcoin, due to its popularity, which would already set the price to soar.

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