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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
dhimasnk
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May 14, 2016, 10:14:45 AM
 #681

I will do some research. if the price is likely to go up I will still hold bitcoin and buy more

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tampazeus
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May 14, 2016, 10:23:21 AM
 #682

I will do some research. if the price is likely to go up I will still hold bitcoin and buy more

Yeah that is the right thing to do, and majority of  people who  have faith in bitcoin will do the same, as if it falls that low then it also has an potential to rise again.
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May 14, 2016, 10:27:58 AM
 #683

This will never happen specially now in present time.Bitcoin has taken off already now will not happen big dumps.Halving will play major role to prevent this thing.It will also help the price stabilize over 400 $.I don't dream because this is not going to be under 400 $ any more.There should be some possibility when we image something happening here it is unrealistic thought.

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May 14, 2016, 10:31:55 AM
 #684

This will never happen specially now in present time.Bitcoin has taken off already now will not happen big dumps.Halving will play major role to prevent this thing.It will also help the price stabilize over 400 $.I don't dream because this is not going to be under 400 $ any more.There should be some possibility when we image something happening here it is unrealistic thought.

Yes I think we won't see that low price in future, and as you said maximum low would be $400 nothing below then that, but we hope that it remains stable around $600.
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May 14, 2016, 11:02:26 AM
 #685

if that happens, i quit bitcoins

Why you would quit that easily? There is still a value and I would suggest you should quit if bitcoins has already no value at all. And consider that it is not stable higher chance of price increase after bitcoins downfall.

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May 14, 2016, 11:08:30 AM
 #686

I would buy tons of them, to try boost price up.
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May 14, 2016, 11:20:22 AM
 #687

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.

There should be a very big and good reason why would it drop to that level it could be the end of bitcoin if ever it drop to that level,in that case I will buy other altcoin and dump all of my bitcoin although everything is possible in this world it's still unimaginable..

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May 14, 2016, 11:49:18 AM
 #688

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.

There should be a very big and good reason why would it drop to that level it could be the end of bitcoin if ever it drop to that level,in that case I will buy other altcoin and dump all of my bitcoin although everything is possible in this world it's still unimaginable..
If the price drops below $50 then something is wrong in the eco system of Bitcoin, but not with Bitcoin itself.

Or maybe it turns out that there is no demand at all after some years.

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May 14, 2016, 11:55:04 AM
 #689

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.
I think bitcoin yet too to give effect to the world. you could see the bitcoin volume turnover in dollar. volume on bitcoin is still under paypal? and if the price of bitcoin towards $1 does not exist any effect on the market balance or the other. ? IMO
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May 14, 2016, 01:17:58 PM
 #690

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
Only hundred bitcoins?
I will buy 1000 bitcoins and I will keep them as you said in cold storage. But definitely I will not convert them into any altcoins. Because I've always believe only on development and higher value of bitcoin.
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May 14, 2016, 02:23:53 PM
 #691

Bitcoin price cannot be dollar 1
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May 14, 2016, 02:31:55 PM
 #692

I very surprised to see how people are confident in future but we still don't know anything.
One is certain - nothing is certain-!
So please stop talking 1$ never again, good bye 400$.. Everything is posible!
Maybe 1$ has very very low chances, but still has.
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May 14, 2016, 02:41:35 PM
 #693

I will collect 1000 coins if I see that price in near future, as I don't think that bitcoin will fall that low in coming years, its just an unrealistic value to think of.
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May 14, 2016, 02:54:50 PM
 #694

Investment like bitcoin can attract people and even if everybody know that is the end..
Bitcoin already inflicted major impact to whole cripto scene, and now many pleople belive they still have second chanse with ETH and other coins, and knowing this you can predict what can happend if price drops..
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May 14, 2016, 03:04:50 PM
 #695

Bitcoin will never drop to that low price in future, it is unexpected to see price falling  that low as now its time to grow and it is continuously rising.
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May 14, 2016, 05:55:13 PM
 #696

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.
Yes there are no possibilities to happen like that. But still many people are dreaming about lower bitcoin prices time to time. But nothing is wrong to get ready with some plan how to secure some bitcoins if bitcoin prices hitting of lower price happens.
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May 14, 2016, 05:59:16 PM
 #697

you should at least ask about what if about the prices that are close like $200-$300 because the low price of $1 is unreachable.

Buying the dip...
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May 14, 2016, 07:24:26 PM
 #698

Honestly I don't care much about Bitcoin's price as I'm not invested or anything. I use all the coins I've got and never store Bitcoins long term.
I earn more than I need at my job, there really is no need to.
hawkins
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May 14, 2016, 07:31:54 PM
 #699

Honestly I don't care much about Bitcoin's price as I'm not invested or anything. I use all the coins I've got and never store Bitcoins long term.
I earn more than I need at my job, there really is no need to.
I am very concerned with the price of bitcoin. if the price of bitcoin has dropped to about $ 1 it probably makes me sad, but the bitcoin users certainly will not let it happen
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May 15, 2016, 09:16:40 AM
 #700

If bitcoin's value dropped to one dollar then it only shows its weakness, everybody will quit. Honestly, one of the reason why I'm here because the price itself attracts me.
But I do agree also that even it reach the lowest amount, it could still make the price high but I think it will be harder.

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