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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
quintiilieo
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May 23, 2016, 05:54:01 PM
 #821

If its gonna drop on $1 ill buy all of my savings to buy for it eventually it will rise. even if it will rise $10 only it will cost a lot of it. Maybe its the time do so and sell apart of it. Like always traders do Sell High Buy Low that's strategy will continue generations of generations and it will still be the same whatever the cost.  Grin

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May 23, 2016, 06:23:51 PM
 #822

If its gonna drop on $1 ill buy all of my savings to buy for it eventually it will rise. even if it will rise $10 only it will cost a lot of it. Maybe its the time do so and sell apart of it. Like always traders do Sell High Buy Low that's strategy will continue generations of generations and it will still be the same whatever the cost.  Grin

Nope it will rise again to that value we have to think that what will be the reasons which will drop the price to $1, and will that reasons be solved/removed easily which bring bitcoin to $1, I think it will be a great and unrecoverable crash for the life of bitcoin which will be not easy to resolve...
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May 23, 2016, 06:30:32 PM
 #823

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.

about two years ago bitcoin price was started to drop and reached to less than $300 at that time everyone was worried that bitcoin is going to die and a large number of people leave it, and even after its rise very less people came back to join again and it took about two years that people started to trust on bitcoin and once again on there, now just think how many years will require for bitcoin to recover its value and trust after it reach to $1? I will say not less than 25 years.
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May 23, 2016, 06:53:57 PM
 #824

If its gonna drop on $1 ill buy all of my savings to buy for it eventually it will rise. even if it will rise $10 only it will cost a lot of it. Maybe its the time do so and sell apart of it. Like always traders do Sell High Buy Low that's strategy will continue generations of generations and it will still be the same whatever the cost.  Grin

Nope it will rise again to that value we have to think that what will be the reasons which will drop the price to $1, and will that reasons be solved/removed easily which bring bitcoin to $1, I think it will be a great and unrecoverable crash for the life of bitcoin which will be not easy to resolve...

But there is very less possibilities that price will fall that low in coming years, bitcoin is getting bigger and bigger everyday and we can expect higher price is in future so this low value is not possible.
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May 23, 2016, 09:27:14 PM
 #825

I hope it will never happen, can't even imaging what i will do, i have many plans on bitcoin and some of them i am trying to realize now. If bitcoin dropped to $1 i will quit.

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May 24, 2016, 05:39:55 PM
 #826

if this happens there must be anoter top cryptocoin
somethin like ether and the i will go with this one .
But iam hoping btc is raising more and more Wink

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May 25, 2016, 05:44:09 PM
 #827

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.


Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".
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May 25, 2016, 05:46:40 PM
 #828

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.


Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".


Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.
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May 26, 2016, 02:19:55 PM
 #829

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.
If the Bitcoin price was that low I would search why it is so low because something muss be wrong if the price is 1 Dollar.
If it is legit and I know that the price is going to rise again then I would buy allot of coins.
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May 26, 2016, 02:28:17 PM
 #830

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.
If the Bitcoin price was that low I would search why it is so low because something muss be wrong if the price is 1 Dollar.
If it is legit and I know that the price is going to rise again then I would buy allot of coins.

You will never see that low price of bitcoin in future, so just concentrate on present price and try to decide when to buy and when to sell.
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May 26, 2016, 02:45:23 PM
 #831

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.


Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".


Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.

it is true, as long as bitcoin development continues to increase, and more and more users. These things will never happen, unless bitcoin really going to die
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May 26, 2016, 03:09:15 PM
 #832

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.


Oh gosh all the time i spent working so hard for bitcoins would be meaningless; lets go drink a beer and complain about life. Get laid then send a post to some random person on the internet and say "Buddy, get of that computer, its a lie".


Don't worry that day will never come and we will never see that lower price in future as price is moving up now and it will continue to go up in coming days too.

it is true, as long as bitcoin development continues to increase, and more and more users. These things will never happen, unless bitcoin really going to die

If you see continuous growth in user base then you don't have to worry about its future and it will never let bitcoin die in future, bitcoin will survive for a long time for sure.
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May 26, 2016, 04:57:40 PM
 #833

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

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May 27, 2016, 10:22:55 AM
 #834

I will buy more bitcoins if bitcoin price will drop to 1$.But before i buy must know why bitcoin's price drops like that.If that was a big problem then i will not bitcoin anymore instead buy any promising coins out there like ETH or LTC.But if it was just a small market problem then i'll invest on bitcoin and wait for its price to rise up again and sell it for big profit.
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May 27, 2016, 10:29:15 AM
 #835

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.



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Rainbot
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May 27, 2016, 10:52:04 AM
 #836

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.
yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.
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May 27, 2016, 11:00:46 AM
 #837

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.
yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.
mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.
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May 27, 2016, 11:04:04 AM
 #838

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.
yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.
mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.
bitcoin is not going to touch at 1$ point when there's still so damn many people using do a bitcoin transaction,i've seen the lowest point is on 200$ but after next few months,the price rising till now close to 500$

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May 27, 2016, 11:20:56 AM
 #839

The chance is really low that it can drop to that low and if that happen than there will be a lot of people that will see that Bitcoin are going down so they will stop using it before that happens.
We dont have to be negative because you already can see now that it will be more worth in the future so that is nice.
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May 27, 2016, 12:28:00 PM
 #840

I am gonna stop using bitcoin cause it will be same as dollar, in this case better to use dollar ofc. Miners will stop working too i guess and also many other people.

But for me, I will take up the advantage of buying more bitcoins that time as much as I can, as I know that miners will do something and won't
stop to make the price of it pumps again.
yes it will do so, I personally will buy bitcoin at that time but it is also a fact that if bitcoin drops to one dollar then it will take so many time to raise again.
mmmm you make me worried about bitcoin. i think it will not take so much time to raise again. i am hopeful that it will not come to 1 dollar. it is expected that its rate will touch its upper limit. the people i know who are envolved in bitcoin are also expecting that in near future the bitcoin rate will increase, they are also hopeful that bitcoin going to stable its position.
bitcoin is not going to touch at 1$ point when there's still so damn many people using do a bitcoin transaction,i've seen the lowest point is on 200$ but after next few months,the price rising till now close to 500$

Yeah that low price is never possible, price will rise now in future and we cannot expect that low price ever in future, so no need to worry about that.
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