If bitcoin dropped to $1, what you do?

[Superbitzz]

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.

at that time i think a panic will be created. most of the people will trying to sell their bitcoin so as to avoid the llost. just like in stockexchange. but if the people donot loose heart and they do not sell thier bitcoin then the bitcoin will take a new bost very soon.

[Monnt]

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.

at that time i think a panic will be created. most of the people will trying to sell their bitcoin so as to avoid the llost. just like in stockexchange. but if the people donot loose heart and they do not sell thier bitcoin then the bitcoin will take a new bost very soon.

I think most people would've sold before $1, however. $1 is only possible after a huge pop of a bubble, or a major flaw in the system. If it's the latter, you'd know about it, and you would also know to back out. If it was after a bubble, buybuybuy.

[bit1]

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.

In the fortuitous event that can happen, Down to $1 it could be only because this ended and perhaps the only serious value could be of collection or something like that.

[ronaldo40]

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.

In the fortuitous event that can happen, Down to $1 it could be only because this ended and perhaps the only serious value could be of collection or something like that.

maybe it could be a good opportunity to buy as much as possible, but maybe this will be a brisk trade, as the price of bitcoin increased substantially the people better to sell, because I am not sure when the price of bitcoin has fallen to $ 1 it will rise again high, for $1 is a telltale sign of bitcoin will die.

[Bitcoinpro]

Spam thread please delete

[Piltover]

If that happens than there will be a lot of people that is stopping using Bitcoin because they already see that Bitcoin is going to be low and that can be bad for the currency itself.
But you have also to know that we have to be realize and that Bitcoin will be more worth soon because the halving is coming.

[prtty2gal2]

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$

How you can speculate now itself bitcoin will come to $1. In my opinion that has no possibilities to happen.
Once bitcoin hits $1000, it will keep on rising towards $10k price levels.

[jossiel]

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$

How you can speculate now itself bitcoin will come to $1. In my opinion that has no possibilities to happen.
Once bitcoin hits $1000, it will keep on rising towards $10k price levels.

Still we don't know what would happen with bitcoin in the future but you are right also for me there is no possibility that bitcoin will go down to $1.
I hope you have a very good mouth man that bitcoin with reach to $10k soon.

[Evansloin]

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.    

The chance is really small that the value can reduce to that low and that is because the value was stable and it will be more worth in the future.
So that can be nice but you are not for sure what can happen.

[peta4e]

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$

How you can speculate now itself bitcoin will come to $1. In my opinion that has no possibilities to happen.
Once bitcoin hits $1000, it will keep on rising towards $10k price levels.

Still we don't know what would happen with bitcoin in the future but you are right also for me there is no possibility that bitcoin will go down to $1.
I hope you have a very good mouth man that bitcoin with reach to $10k soon.

$10k is not easy to achieve it will take time to reach there but bitcoin falling back to $1 is simply impossible as we will see much better price of bitcoin in future.

[MaritiJames3]

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.

I would also panic because for the Bitcoin price to be one Dollar is not something that you see everyday. I would find out if this was legit and of it would make sense to still buy some coins.

[mistercoin]

Spend every last penny I have on buying BTC. I think back a few years and remember when BTC was practically worthless. Now look at it.. Crazy.

[wormbog]

Bitcoin would only drop to $1 if:

• another coin emerged as clearly superior and everyone switched over
• a fatal flaw was discovered making bitcoin easy to doublespend, steal, or counterfeit
• the world's largest nations unilaterally declared bitcoin illegal and punishable by serious jailtime

In any of those scenarios, buying more bitcoin at $1 would be very foolish.

[BTCLovingDude]

Bitcoin would only drop to $1 if:

• (1)another coin emerged as clearly superior and everyone switched over
• (2)a fatal flaw was discovered making bitcoin easy to doublespend, steal, or counterfeit
• (3)the world's largest nations unilaterally declared bitcoin illegal and punishable by serious jailtime

In any of those scenarios, buying more bitcoin at $1 would be very foolish.

none of these are going to happen.

1) this can never bring bitcoin price down. it might affect it temporarily but not over a long time. there is no reason for that.

2) this will kill it not bring it to $1. flaw = useless which also should be an unsolvable flaw!!

3) meh, not gonna happen either because they can only control businesses not accept bitcoin not the people.

[jamesl22]

If bitcoin drops to $1 in future then I will make sure that I buy maximum number of coins to secure my future, as I am sure bitcoin will rise again in future.

[amine14madrid]

If bitcoin dropped to $1 ,it means people are dumping their btc.  I think that there's still a chance that bitcoin's price will increase.

[Dr.Osh]

If bitcoin drops to $1 in future then I will make sure that I buy maximum number of coins to secure my future, as I am sure bitcoin will rise again in future.

Well, you're right. it was like a gold is still very dirty served in front of you at a very cheap price. I think I will buy it until I have run out of money, and I believe, within the very near future, the price of bitcoin which was $ 1 would be hundreds of dollars in a few months or weeks. but only those who believe in bitcoin who have such thoughts, and not everyone is thinking the same thing, it may be very many investors who stop using bitcoin, but I'm sure they'll come back

[Farcoin12]

I dont believe that the price of bitcoin will drop to $1 and this is impossible to believe. and i think price of bitcoin will be more valuable in the future..

[Shibashi Dogemoto]

I dont believe that the price of bitcoin will drop to $1 and this is impossible to believe. and i think price of bitcoin will be more valuable in the future..

Bitcoin is on rising mode at this stage and it will continue to rise even in future and nothing can bring it to that low value in coming months or even in future.

[X7]

Depends on the reason for it to crash? Rampant market manipulation and FUD? or a serious bug/error with the code/encryption