If bitcoin dropped to $1, what you do?

[Corenin]

That is unrealistic dream to see with opened eyes, it will never go that low in future, we will see much higher price in future as user adoption will go to highest level.

I would buy as many coins as I get but it would be weird because no one is going to expect this. I would find out what the reason behind this is.
If it is true then I would just buy some coins.

Majority of people will do the same I guess, buy 200 coins worth $200 and just forget that you have invested your money in it, who knows what will be the price in future.

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[Altynbekova]

Most likely I will fully quit the bitcoin because the number would be just too low to get the bitcoin back up.
If the bitcoin is 50 dollar I already would sell it to be honest.

[HarryKPeters]

Like the most people I would stop with using the bitcoin for a while, if the bitcoin goes down it will go down fast.
Because of that I would sell very fast to not lose a lot of money.

[praprata]

Like the most people I would stop with using the bitcoin for a while, if the bitcoin goes down it will go down fast.
Because of that I would sell very fast to not lose a lot of money.

Indeed, I also would do this because the fact is that such amounts are just too low and the bitcoin will collapse for sure if it hit such a amount.

[tampazeus]

Like the most people I would stop with using the bitcoin for a while, if the bitcoin goes down it will go down fast.
Because of that I would sell very fast to not lose a lot of money.

The major issue is we don't know when it will collapse so its better to sell your coins when price goes higher, if you hold too long then you don't what tomorrow will show us.

[ZOOM007]

If bitcoins drop that much for a bad reason anything that is bad then that is the end of bitcoin because its hard to come back the price like $400 again with that dropped. Then I guess I'll stop using bitcoins, but before it drops in $1 dollar I'll withdraw and buy anything I want.

[rapazev]

Buy more for sure 
if it falls, bitcoin will always rise again!

What is dead may never die.

[Vikingr]

No, we really do not want that value for bitcoin, otherwise we will lose our money with that , now we want a very high price for that, I think the price should not be $1, but it should have to be about more than $1000.

[Altynbekova]

Selling of course, who would not sell on such a amount,the bitcoin can never get back up with some a amount.
Normally the bitcoin always get back up but with 1 dollar this will not happen for sure, than it will be over.

[YTBitcoin]

I currently do not have enough bitcoin so currently I do not have any idea that what have to be the price of bitcoin. I think those people who are a lot of bitcoins will not want the price to drop down and will want the price to reach to a high price, while those who want to buy bitcoin and have less money will want the price of bitcoin to come to down.

[torrentheaven]

Selling of course, who would not sell on such a amount,the bitcoin can never get back up with some a amount.
Normally the bitcoin always get back up but with 1 dollar this will not happen for sure, than it will be over.

Yeah if bitcoin falls to $1 ever in future then it will be an end of bitcoin era, as people will surely loose all their faith from it and will switch to some other product for making investments.

[CoinSiteDesigner]

1. Goto bank
2. Get some loan.
3. Buy as many btc as I can.
4. and wait for it to rise and sell when it's a peak price

How if bitcoin dead just after you bought so many bitcoins with the loan? Even though it sounds impossible, but who knows the future of bitcoin?

I'm very confident that if it drops, it surely spikes again. Because people buy bitcoin when it's at low price (seen saying this for number of times) 

But there will be many people who will loose faith in bitcoin and will prefer to quit bitcoin forever, but it is unlikely to happen in near future.

That ain't true. Bitcoin is expanding, more and more big companies are accepting it.

You can use it almost everywhere, no one will ever prefer to quit it. Seems like you just hate it? 

[newbtcminer]

I'd definitely try to buy as much as possible, but chances are I'd be beaten by someone else in the instant I discovered how low it'd gotten. I don't think bitcoin could ever completely disappear because of its ubiquity. It's just one of the many advantages of decentralization.

[Digital_Lord]

1. Goto bank
2. Get some loan.
3. Buy as many btc as I can.
4. and wait for it to rise and sell when it's a peak price

How if bitcoin dead just after you bought so many bitcoins with the loan? Even though it sounds impossible, but who knows the future of bitcoin?

I'm very confident that if it drops, it surely spikes again. Because people buy bitcoin when it's at low price (seen saying this for number of times) 

But there will be many people who will loose faith in bitcoin and will prefer to quit bitcoin forever, but it is unlikely to happen in near future.

That ain't true. Bitcoin is expanding, more and more big companies are accepting it.

You can use it almost everywhere, no one will ever prefer to quit it. Seems like you just hate it? 

You are right. that will not happen with bitcoin. bitcoin will not dead in future. because bitcoin getting lots of courage and love from users. big companies are accepting bitcoin as payment. now we can buy cinema tickets, we can buy foods with bitcoin.
if bitcoin dropped to 1$ I'll convert all my money to bitcoin.

[GreenBits]

If this gem of a situation actually happened, I would have taken the money I got from selling my btc BEFORE the price crashed and buy every btc I could get my hands on.

Then I would print out a bunch of paper wallets and roll around on them. And rub them on my face.

[Embroiderymate]

I would buy all that I could and wait for the great rise to make my profit

[jossiel]

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

[Herbert2020]

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit.

but it is all hypothesis and only happening in a parallel universe!

[jossiel]

I would buy all that I could and wait for the great rise to make my profit

The rise of the bitcoin will happen after it falls to $1 and that is the best price if bitcoin will reach that price. Every body will do panic-buying I don't know if there would be still plenty of bitcoins if it reaches that range.

yeah, going down to $1 means 99.78% price decline which means only one things: jump back. also buying 100 bitcoin means investing only $100 which is not a big deal at all but even rising to $2 after that means 2x profit.

but it is all hypothesis and only happening in a parallel universe!

Yes even for only $1 price increase you will surely get  a profit easily how much more if it suddenly came back to $400+ bitcoins?
You investment of $100 really worth it.

[PsursV]

i dont think that it will happend so. but unfortunately it happend, i will like to buy more and more bitcoin. i will even sell my house and land and will buy bitcoin then i will wait for good time when its price will raise to high level.