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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98137 times)
harizen
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May 21, 2016, 12:59:18 PM
 #781

Sadly, it will never reach this point, but if it ever does, it won't be for a long time. I might sell my car, maybe my house, to get as much as possible Tongue.
agreed,its hard for bitcoin to reach that price,almost impossible,people will pump it up until reach better price if bitcoin price almost reach that price.
but,lets imagine if bitcoin really drop until $1,i will buy as much as i can,and hoping the price will normal soon.

If all bitcoin core developers decided to shutdown their hold coins and quit bitcoin still it won't bring the price to $1 since aside from them there are lots big holders today.

And if bitcoin dropped to $1? No even at $200 range, I will just buy some more. It will back again on the track.

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chokolatochip
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May 21, 2016, 01:02:47 PM
 #782

if that happens, i will buy all the bitcoins
john2231
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May 21, 2016, 01:09:57 PM
 #783

It is impossible thoughts and it will never happen in bitcoin because its already adopted in other countries like brazil i heard that 150 store are accepting bitcoin as payment and i know it will develop in the future in other countries,.
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May 21, 2016, 01:56:34 PM
 #784

I will still not sell my coins and save it for future. Grin
if every one have the same idea as you have. then i think bitcoin will not drop to such level. and perhaps its value drops to such a low level. i will not be a permanent drop.
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May 21, 2016, 01:59:04 PM
 #785

It is impossible thoughts and it will never happen in bitcoin because its already adopted in other countries like brazil i heard that 150 store are accepting bitcoin as payment and i know it will develop in the future in other countries,.

Exactly and I think Brazil has set an example for other countries, and I think now its time for each and every country to follow the footsteps of Brazil to make it more popular.
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May 21, 2016, 02:41:35 PM
 #786

Personally, i would wait in hopes of a price increase, otherwise it would not be worth selling.

Yes. it would not worth to sell. but it would worth to buy more and more. if Bitcoin price dropped to 1$ you should buy thousands of bitcoins. because bitcoin price will increase again in future for sure in this case.

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Labumi
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May 21, 2016, 02:54:42 PM
 #787

I don't think we will see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.

Yup, these reasons are also not only talk, but also from the results of the monitoring of the market and users who use the Bitcoin, from which we know that users and markets Bitcoin always have elevated, sometimes the market also experienced a decline but it is only moments away and after that it will have an increased
chaosknight
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May 21, 2016, 03:18:01 PM
 #788

I don't think we will see that low price ever in future, bitcoin will reach new heights in coming years, so expect the best from bitcoin in future.

Yup, these reasons are also not only talk, but also from the results of the monitoring of the market and users who use the Bitcoin, from which we know that users and markets Bitcoin always have elevated, sometimes the market also experienced a decline but it is only moments away and after that it will have an increased

We will always see price ups and downs in bitcoin, but that doesn't mean that bitcoin will die, if it falls it will rise again in future, so just need to wait till it rise again.
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May 21, 2016, 03:18:40 PM
 #789

I'll do some research, if prices could rise again. if they can go up I will keep bitcoin
By the time you completed doing your research about Bitcoin the price has gone up again. Cheesy

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May 21, 2016, 03:27:29 PM
 #790

I guess if the price of bitcoin, $ 1 was not going to stop people to use it. bitcoin is very easy to get, so when the price dropped to $ 1 1 BTC may be very easy to get
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May 21, 2016, 03:42:19 PM
 #791

It depends on the reason why bitcoin price rolled down to $1. If the reason is normally because of the market, then I'll buy bitcoin as much as I can because I know a lot of people will do the same thing. Before I could wake up the next morning, bitcoin price will go up again.

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May 21, 2016, 03:45:39 PM
 #792

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 wish the day will come back , because in this moment,  i have save my bitcoins, if bitcoin is drop at $1, so not me mostly people will get lose and loss, but after halving, i wish the day will come, and of course i will buy a lot of bitcoins, may be i will buy 1000000 BTC.    
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May 21, 2016, 03:45:55 PM
 #793

If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink

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May 21, 2016, 04:43:00 PM
 #794

For it to hit $1 again that would mean all of the exchanges worldwide would be reporting the honest actual volume. None of them would find it in their best interest to cook the order books to keep the exchange rate artificially high like it is now.

What would I do? Hum, let's see. I'd suck my own dick while hitting myself in the head with a frying pan and descale a live rainbow trout by rapidly shoving it in and out of my butthole. But that will never happen because no one will let it hit $1 again.

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May 21, 2016, 05:02:23 PM
 #795

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

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May 21, 2016, 05:09:19 PM
 #796

I will sell my phone and my computer set and buy as many as i can
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May 21, 2016, 05:27:46 PM
 #797

If by some miracle it happened that BTC drop to only 1$ I would have risked 100$ and buy 100 BTC.Although there is always a chance that something like that happens, I think we are very far from it.I say it is bigger chance that BTC go to 1000$ then drop to 1$ Wink
You must be wrong. When bitcoin hits $1000, there would be more number of investors from Wall Street come to invest into bitcoin. Yes bitcoin will turn up as an alternate investment option like gold. So, there would be no chances for prices coming back to $1.
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May 21, 2016, 06:04:22 PM
 #798

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.
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May 21, 2016, 06:49:59 PM
 #799

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.
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May 21, 2016, 07:29:12 PM
 #800

Will i keep using bitcoin? No.
Will i panic? Yes.
I really think that bitcoin will not be inerseting for me if this super drop will happen some day.

I also would panic for sure and I also think I would not buy any bitcoins anymore because I do not think it can from 1 dollar go to a higher amount, on that point it will be done for sure with the bitcoin.

You are right about that I do not think its possible to even get the bitcoin back up in the rail to gain worth again.
If it reaches such numbers it will fall for sure.
although that wouldn't be possible happen but i think if the price of bitcoin drop much to below $100 at that situation market will be active and we will got new investor to buy much bitcoin so the price will back up in the short time.

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