If bitcoin dropped to $1, what you do?

[peta4e]

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

Price is the most important factor when it comes to bitcoin, and I think people are crazy behind bitcoin only because it holds certain value, if price falls that low in future, bitcoin will loose faith from the users.

[1715626028]

1715626028

[1715626028]

1715626028

[shinratensei_]

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

Price is the most important factor when it comes to bitcoin, and I think people are crazy behind bitcoin only because it holds certain value, if price falls that low in future, bitcoin will loose faith from the users.

sure, the one reason makes bitcoin still alive because it have price, no one would buy a priceless coin unless he want to waste their money

[blackmachinegun]

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.

I think you should do the calculations and careful calculation before doing anything dude. sell everything just to buy bitcoin is currently turned off is very risky. because no one knows what bitcoin will live longer or die on the spot ?

[jossiel]

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.

I don't think all of us will quit, despite of it's price fall, it will be a good opportunity for us to buy more with its low price.
Because sooner or later it will pump again.
Many know that bitcoin is that strong and can really go up anytime.

[pocarime32]

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.

Yes i really agree with you. If bitcoin dropped to $1, no people will trust bitcoin anymore. Bitcoin will have no price and people will stop using bitcoin.

[michietn94]

There's nothing I can do beside feeling regret.
Since I'm sure that bitcoin is unstable currency , so I'm aware of the risk bitcoin holding

[moviebuff777]

I would be upset that I bought some too high, but then I would probably use $20 and buy 20 bitcoins.

[davinchi]

I will buy 50% of my total financial balance, If I am earning  usd 2k then I will buy bitcoin worth usd 1k as I have total faith in it that it will rise again in future.

But most of the people will buy with all their savings. So, practically it is not possible as the buying pressure would be enormous. A huge amount of new bitcoins investors will come and secure their big amount of bitcoins. So, price will come back to normal levels within hours for sure.

[yayayo]

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.

There will be a extremely significant loss in confidence for sure if Bitcoin would drop to $1 at today's valuation. It's also true that a lot of the people here (most of the people?) are solely attracted by the high/rising valuation - which doesn't apply in my case. I don't think that everybody will quit just because of the price decrease. Personally I've decided to never cash out for fiat.

What's more important than the price decrease itself is the reason for such an epic drop. If the reason is a fundamental security flaw, then Bitcoin is most likely done. But it's also possible that such an event might just be based on elaborate market manipulation or the collapse of several major exchanges. In this case, a quick recovery is possible.

ya.ya.yo!

[Betwrong]

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.

Yeah, you are right, but when something has such chances to happen as Bitcoin to go down to $1 we generally say "It will never happen". If a kid doesn't want to go to school because he's afraid of being hit by a meteorite we say "Don't worry, you won't", right? )

[toy4lov3rs]

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.

Yeah, you are right, but when something has such chances to happen as Bitcoin to go down to $1 we generally say "It will never happen". If a kid doesn't want to go to school because he's afraid of being hit by a meteorite we say "Don't worry, you won't", right? )

Whatever you think or say I truly believe this is never gonna happen, it might fall back to $100 but $1 is something out of the nuts, so relax and enjoy the ride.

[jhenfelipe]

Whatever you think or say I truly believe this is never gonna happen, it might fall back to $100 but $1 is something out of the nuts, so relax and enjoy the ride.

Yes we are believing in that, but still we cannot convince ourselves that there is no possibility of that - bitcoin dropping it's price to $1. Such things can happen, we all don't know. But we can always stick to the present. And the good thing is, bitcoin has a high value today and hopefully for the next days. Just don't stress ourselves on something that is not happening yet. That's only in my opinion.

Yes, just enjoy the high value of bitcoin today.

[boyptc]

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.

I guess it is the best timing to invest when that happens and you've got a lot of money bro, but still we don't want it to fall down to $1.
We really just need to enjoy every price increase of bitcoins.
And you are right it is very unreal if bitcoin will fall to $1.

[bitgolden]

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.

You are right. Because of the faith, all the bit coiners having on bitcoin, definitely not let bitcoin to fall down to $1 levels. So, any dumping towards lower price will be overcome by the people who are looking for new buying opportunity in bitcoin.

[FabioDelcatto]

Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

[jossiel]

Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

The op is just assuming and giving an example the what if's question. But yeah you are right, bitcoin is not dropping and it won't drop.

[avw1982]

Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

Here we are doing like survey only bro. Just think if drops, I will surely buy more and more and leave it for years and surely it will regain its price like what happen for the past years and by that we can be millionaire just like them. I will leave it and and continue life offline and do my daily choice and job and after long years and check if i got profit with who knows. I can buy a many 5 star hotels in California and I earn lot in fiat as well.

[peta4e]

Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

Here we are doing like survey only bro. Just think if drops, I will surely buy more and more and leave it for years and surely it will regain its price like what happen for the past years and by that we can be millionaire just like them. I will leave it and and continue life offline and do my daily choice and job and after long years and check if i got profit with who knows. I can buy a many 5 star hotels in California and I earn lot in fiat as well.

That's true but I don't think bitcoin can fall that low in future, and if it falls then true believers of bitcoin will try to collect as much coins possible at that stage.

[romero121]

Bitcoin is not dropping now and if it will drop than it can be not drop to that low because it will also rise soon and that can be perfect for the people with Bitcoin already.
So that is perfect for them the bad thing is that it can takes a long time until it will be more worth.

Here we are doing like survey only bro. Just think if drops, I will surely buy more and more and leave it for years and surely it will regain its price like what happen for the past years and by that we can be millionaire just like them. I will leave it and and continue life offline and do my daily choice and job and after long years and check if i got profit with who knows. I can buy a many 5 star hotels in California and I earn lot in fiat as well.

That's true but I don't think bitcoin can fall that low in future, and if it falls then true believers of bitcoin will try to collect as much coins possible at that stage.

Yeah bitcoin price won't go that low to $1 in future. So better is to buy at present, because the price looks to be affordable.

[TryAngle]

I would buy more if the price dropped that much. I would look at it as an opportunity to get some bitcoin really cheap.