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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98137 times)
Halliche
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May 14, 2016, 12:27:39 AM
 #661

i will buy more
Bitcoinbro
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May 14, 2016, 12:42:51 AM
 #662

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 would also buy atleast 100 bitcoins and after creating a paper wallet,keep them in some safest place and hope for price increase in next decade

You could indeed buy more bitcoins but I honestly do not think it will get back up on such a number if you ask me.
The number would just be too low to get the bitcoin backup.
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May 14, 2016, 12:55:10 AM
 #663

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 would also buy atleast 100 bitcoins and after creating a paper wallet,keep them in some safest place and hope for price increase in next decade

You could indeed buy more bitcoins but I honestly do not think it will get back up on such a number if you ask me.
The number would just be too low to get the bitcoin backup.

Indeed it good to buy if the price of bitcoin  will reach to 1$ and you may leave it and try not to remember it maybe years or month and see price will bounce back, as past history says bitcoin realy prove that its profitable many strugles came to bitcoin but still standing and price keep rising thru years pass, if bitcoin really down i really beleive the price will strongly go up because many people will do massive buying and hoarding of this coin.

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May 14, 2016, 01:18:59 AM
 #664

I think that I would just buy more and hold. I have full faith in Bitcoin. I would only give up if the price of Bitcoin fell down to a couple of cents.
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May 14, 2016, 01:52:59 AM
 #665

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.

I will buy 10000 bitcoin, and give half of them to developers to develop the bitcoin so that the value will increase.
if tomorrow bitcoin price drop to $10, i think all people would live bitcoin and maybe only you both want to buy bitcoin. Wink

loled for both comments Cheesy if the price drops to 1-10 it means bitcoin had a serious problem that lost seven billion market cap so no amount of development can fix it at that point it would be late.

although this topic is overall pointless discussion about something that will never happen!

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CoinSiteDesigner
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May 14, 2016, 03:24:16 AM
 #666

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.

I will buy 10000 bitcoin, and give half of them to developers to develop the bitcoin so that the value will increase.
if tomorrow bitcoin price drop to $10, i think all people would live bitcoin and maybe only you both want to buy bitcoin. Wink

Make it 3, I'll be buying too and obviously there are more people will buy. Just because you see only 3 here on this thread doesn't mean we're the only who'll be buying it.

People won't get it drop to $10. Because you have no idea, even the bitcoin drops to $200, many people I know take it as a chance and buy as many as they can and in very few days, it goes back to $250+ and they're in profit already.

Most of us, like you and me underestimated BTC, that is why we do not have much like btc any others who bought it for a cent or a dollar.
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May 14, 2016, 04:04:07 AM
Last edit: May 21, 2016, 09:38:55 AM by streazight
 #667

Not possible
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May 14, 2016, 04:47:14 AM
 #668

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.



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Rainbot
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May 14, 2016, 05:02:44 AM
 #669

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.

yes right, everyone does not believe in this, and it will not happen. because if this happens it is a beginning of the destruction of bitcoin.
and I see opinion people mostly, prefer to buy many bitcoin when the price falls to $1 because sure will bounce back.
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May 14, 2016, 05:07:37 AM
 #670

Well that is dreaming with open eyes at the this stage how can anybody think BTCitcoin can drop to $1, i am quite sure it is more stable above $400 and we will see price will be skyrocket very soon almost will be get double before of the current year, from my point of view this thread is just useless.
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May 14, 2016, 05:25:46 AM
 #671

Well actually, I don't really have any idea of what am I going to do if it happens. I was thinking about some bitcoin earners plan of buying more BTC for future use, but it's quite hesitating(I consider that idea though). There are so many what if's comes to my mind when thinking. No one knows what will happen next if that thing happens, that's why I will just focus on the present and hope for the best for BTC.  Roll Eyes  Smiley
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May 14, 2016, 05:36:06 AM
 #672

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.

We all know that it won't happen but the thing is the title is just assuming if that happens and just want to get our opinions. And wow that's a lot of bucks that you are going to invest to in bitcoin but it is a big amount that you could really get a big profit after its price increase.

yes right, everyone does not believe in this, and it will not happen. because if this happens it is a beginning of the destruction of bitcoin.
and I see opinion people mostly, prefer to buy many bitcoin when the price falls to $1 because sure will bounce back.

Because every one knows the potential of bitcoin even though it will fall to a very low price, if that happens.
People believes that it can just rise fly to the moon immediately.



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.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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May 14, 2016, 06:03:39 AM
 #673

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.
yeah i think it will take some time to happen. perhaps hundreds of years to come. but if iut happens maybe the end of the bitcoin is up. because of something that has its time period, respectively.
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May 14, 2016, 06:16:51 AM
 #674

if we examine the present condition and situation of he bit coin it can easily be concluded that it will not come to such a low leve. but perhaps it comes to such a low level i will try to buy as many bitcoin as i can. because it will be a temporary downfall. after some time it will again make itself stable. so also suggest you to buy as many bitcoin at that time as you can.
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May 14, 2016, 06:20:07 AM
 #675

it's impossible . bitcoin has enormous power at this time in the stock market. bitcoin has been a major commodities such as the dollar. if bitcoin fell to $ 1, the world economy will slow down.
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May 14, 2016, 06:22:44 AM
 #676

Bitcoin will never reach $1 again. There is simply too many people who want to buy bitcoin at lower price at this point - these people will buy bitcoin on its way down,
and therefore will cause bitcoin price rise.


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prtty2gal2
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May 14, 2016, 06:33:23 AM
 #677

I don't really know what i will do when happen smth like this, maybe i will start working on daily job or will try to work with altcoin but i will never stop  forget bitcoin.
Your  situation would be the common scenario if we face bitcoin price dropped to $1. Most of the people will not find what to do next. But, many people still believe that bitcoin will bounce back very soon. This kind of belief, will not make bitcoin to fall as the above.
businessgirl
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May 14, 2016, 06:43:31 AM
 #678

if that happens, i quit bitcoins

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electronicash
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May 14, 2016, 06:45:04 AM
 #679

I don't really know what i will do when happen smth like this, maybe i will start working on daily job or will try to work with altcoin but i will never stop  forget bitcoin.
Your  situation would be the common scenario if we face bitcoin price dropped to $1. Most of the people will not find what to do next. But, many people still believe that bitcoin will bounce back very soon. This kind of belief, will not make bitcoin to fall as the above.

don't you think its time to buy more bitcoins? I certainly will ask for loan and sell my valuables just to buy bitcoin which is just $1. certainly i can gather about $2k for all the computer stuff I have, i can sell my bike and sell my girlfriend as well. she's all yours for just $10.









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salmanahmedone
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May 14, 2016, 07:22:11 AM
 #680

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.
yeah i think it will take some time to happen. perhaps hundreds of years to come. but if iut happens maybe the end of the bitcoin is up. because of something that has its time period, respectively.

That's all are imagination., because it is not come true, in this time bitcoin will never come down at $1,because now bitcoin has achieved that place where mostly people use it and like it. actually some people are wishing that it will be happened than we will buy a lot of bitcoins and when bitcoin's price will increased than we get a profit. but it is a big dream, in this world it will never come true.
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