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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
Akupuniard
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April 19, 2016, 01:17:59 AM
 #201

I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.

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April 19, 2016, 02:19:28 AM
 #202

I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.

I am not sure if the price of bitcoin $1 and altcoins still alive. likely all dead, because bitcoin is the mecca of altcoins.
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April 19, 2016, 03:57:45 AM
 #203

whether bitcoin could drop to $ 1? when it reaches the $ 1 as long as it can go up I will keep using bitcoin

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April 19, 2016, 04:44:47 AM
 #204

whether bitcoin could drop to $ 1? when it reaches the $ 1 as long as it can go up I will keep using bitcoin

If bitcoin drops to 1$ i dont think it will be able to to up again as investor would leave the time that it continues to plummet.
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April 19, 2016, 05:46:13 AM
 #205

Lets hope it never gets down so much in value, but anyway if that is the case I would definitely hold and buy more, Bitcoin has the potential no other alt cryptocurrency can overcome it, so buying more and holding would be the right thing to do.
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April 19, 2016, 09:01:51 AM
 #206

I would stop completely with the bitcoin because normally I would still believe in the bitcoin because mostly the bitcoin fights its way back up.
With the 1 dollar price this would not be possible so I would stop completely.
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April 19, 2016, 09:09:04 AM
 #207

Something must have caused it to plummet to a dollar, like maybe World War III? If it does, I'm gonna buy more. As Warren Buffett says, buy when there's blood on the streets.
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April 19, 2016, 09:42:28 AM
 #208

I would stop completely with the bitcoin because normally I would still believe in the bitcoin because mostly the bitcoin fights its way back up.
With the 1 dollar price this would not be possible so I would stop completely.

I dont get it what you are trying to say up there your post is cannot be understand easily. But for me if bitcoin will drop to 1$ i think i will stop using bitcoin or have thoughs of buying bitcoin again  and i will gamble my money to buy more bitcoins maybe it will regain its price and for that i can be reach or i lose money because bitcoin will not survive and died completely.

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April 19, 2016, 09:59:55 AM
 #209

Much more information is required. Everything depends. But normally when the price goes down it's recommended to buy more. Most probably that's what I'd do.

totally agree Smiley

No, that time will not be the time to buy more. Who will buy more? a large number of the world population is holding bitcoin and oif the price comes down and they all lose their money, they who will come to buy more?
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April 19, 2016, 10:01:27 AM
 #210

If bitcoin dropped to $1, ill buy as much as i can.. And then sell Smiley

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April 19, 2016, 10:11:53 AM
 #211

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,

There isn't much difference between $1 and 0.1$. You can say same of those for 1$ price point too.

That's why I wouldn't buy @1$, because 1$ also means it is near dead.

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April 19, 2016, 11:54:20 AM
 #212

If Bitcoin drops to $1, or even $0.01, I would remain neutral. I will not sell any of my coins, but at the same time, I will not buy any either. One of the golden rules for making investment is "don't try to catch a falling knife". I had ignored this rule a few times in the past (while making investment in equities). And the results were not that pleasant.
DashCoinDark
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April 19, 2016, 02:22:45 PM
 #213

I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.

I am not sure if the price of bitcoin $1 and altcoins still alive. likely all dead, because bitcoin is the mecca of altcoins.
Than there will be a lot of people that is going to hate Bitcoin if it is dropping to that low price because they want to make some profit with Bitcoin and that will be not good if that will happen.
You see that the value keeps stable and that is quite good for the people with Bitcoin already they have now only to wait for an increase.
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April 19, 2016, 09:05:29 PM
 #214

Bitcoin would not fall immediately its value to $1, but there's no impossible to decrease its rate slowly. We should always be ready.
Maybe, I would try also look for other alt coins that can be like as popular as bitcoin or better.

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April 19, 2016, 09:19:02 PM
 #215

I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.
If bitcoin will ever reach that point of $1 it will be not only problem of Bitcoin alone - but whole cryptocurrency market - every altcoin will be in danger of collapsing.
Trust in every crypto will be razed and people will realize that experiment failed and we can't have stable sovereign digital currency.


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April 19, 2016, 09:28:25 PM
 #216

I will try to start working with altcoins or maybe back to daily job. But 1$ dollar for 1btc, sorry, i am not interested on worthless things. lol.
If bitcoin will ever reach that point of $1 it will be not only problem of Bitcoin alone - but whole cryptocurrency market - every altcoin will be in danger of collapsing.
Trust in every crypto will be razed and people will realize that experiment failed and we can't have stable sovereign digital currency.

Bitcoin can never fall that low and if it falls then it will be an end of digital currency, lets hope that day never comes and bitcoin keep on rising in coming years.
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April 19, 2016, 09:47:03 PM
 #217

Bitcoin would not fall immediately its value to $1, but there's no impossible to decrease its rate slowly. We should always be ready.
Maybe, I would try also look for other alt coins that can be like as popular as bitcoin or better.
of course bitcoin will not fall to such small rate but it asks what would you do if it happened, bitcoin will always have a lot of interest no matter what so it is impossible for it to go down

i think i would just top up my cheap bitcoins and then do nothing else but hold till the price increases at least by a dollar so i could double all my investment for doing nothing at all

 
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April 19, 2016, 10:13:00 PM
 #218

Bitcoin would not fall immediately its value to $1, but there's no impossible to decrease its rate slowly. We should always be ready.
Maybe, I would try also look for other alt coins that can be like as popular as bitcoin or better.
of course bitcoin will not fall to such small rate but it asks what would you do if it happened, bitcoin will always have a lot of interest no matter what so it is impossible for it to go down

i think i would just top up my cheap bitcoins and then do nothing else but hold till the price increases at least by a dollar so i could double all my investment for doing nothing at all


Everyone is holding for the same reason that price will go higher in future and can make good profits from it, but honestly no one is sure what bitcoin holds for us in future.
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April 20, 2016, 12:21:48 AM
 #219

take out a 2000$ loan and get me a piece of the network

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April 20, 2016, 12:37:27 AM
 #220

I would buy a bunch, and sell when the price rises
I think if it happened only a few people who have more expectations and buy again. nothing can restore a sense of confidence in the people if they have lost a lot of bitcoin. people will not live two times after he was dead. as well as bitcoin. I think #IMO
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