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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98137 times)
Digital_Lord
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May 30, 2016, 05:09:24 PM
 #861

If price drops to $1 then  I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.

if the price drops to 1$ . then it will never go up again. it just mean that bitcoin is almost dead. buying bitcoin for only 1$ is doesn't make sense.. we can just pray that bitcoin will never drop like that and will stay at 500$ .. I think bitcoin price should be between 400 and 500$. this is the best rate of bitcoin.

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May 30, 2016, 05:37:57 PM
 #862

If price drops to $1 then  I will buy 2000 coins for sure, as I can afford to invest that amount of money in bitcoin hoping that price will at least reach to $100 so that I can sell them to earn profits.

if the price drops to 1$ . then it will never go up again. it just mean that bitcoin is almost dead. buying bitcoin for only 1$ is doesn't make sense.. we can just pray that bitcoin will never drop like that and will stay at 500$ .. I think bitcoin price should be between 400 and 500$. this is the best rate of bitcoin.

I don't think that price is ever possible in future, and it would be really weird if it fell that low in future, but the chances are very little and it will keep on moving up in coming days.
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May 30, 2016, 06:19:58 PM
 #863

This is a kind of joke and it will never happen in the future..  i couldn't  imagine what will happen if the price will drop to 1$.
Maybe drop to $100 .but $1 is a big joke as you've said .me too my mind was blank ,one thing for sure whatever happens even if we counter the spinning of the earth or make top to the bottom it will never happen.


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May 30, 2016, 06:29:22 PM
 #864

This is a kind of joke and it will never happen in the future..  i couldn't  imagine what will happen if the price will drop to 1$.
Maybe drop to $100 .but $1 is a big joke as you've said .me too my mind was blank ,one thing for sure whatever happens even if we counter the spinning of the earth or make top to the bottom it will never happen.

Bitcoin will never ever see even the price of $100 in future, so thinking of $1 is something out of the box, so I think we should expect some higher price in future.
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May 30, 2016, 06:52:13 PM
 #865

If it's happen bitcoin will die for sure, nobody want use currency that same as dollar but harder to earn, many people who using bitcoin as invesmtent will quit too, i think.

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May 30, 2016, 07:01:07 PM
 #866

If it's happen bitcoin will die for sure, nobody want use currency that same as dollar but harder to earn, many people who using bitcoin as invesmtent will quit too, i think.

True believer of bitcoin will never leave bitcoin for sure in future even if price drops that low, they will buy and wait for price to rise again.
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May 30, 2016, 08:45:50 PM
 #867

This is a kind of joke and it will never happen in the future..  i couldn't  imagine what will happen if the price will drop to 1$.
My friend you are right and I agree completely. But thats why he asked, because if something strange happens he wants to know our reaction and most importantly actions to it. I personally would buy 10 btc and just sit and let the party begin.
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May 30, 2016, 10:45:42 PM
 #868

This is a kind of joke and it will never happen in the future..  i couldn't  imagine what will happen if the price will drop to 1$.
My friend you are right and I agree completely. But thats why he asked, because if something strange happens he wants to know our reaction and most importantly actions to it. I personally would buy 10 btc and just sit and let the party begin.



We should be ready with all the consequences that can occur in future related to the price of bitcoin as nothing is guaranteed and anything is possible with the price of bitcoin.
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May 31, 2016, 01:00:23 AM
 #869

I will buy bitcoins but not that much and i will research why its price drop like that and the price goes to hell.If that was a big big problem i would rather take risk for small amount.If that problem was not that big then i wil invest bigger money.But if bitcoin will be dead in that time i would rather buy other alt coins like ETH or LTC or any other coins out there.

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May 31, 2016, 01:59:44 AM
 #870

Probably I purchased a large number although this price can talk about very big issues.
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May 31, 2016, 04:38:49 AM
 #871

it is so funny to see this topic again on top because of the recent market status.
these days if the price goes down to $499 people are going to sell their everything to buy bitcoin and here they are talking about $1 heeheee

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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May 31, 2016, 01:50:59 PM
 #872

Not now, many in next 2-5 years the bubble will burst.
I dont see any reason for the bubble to burst, in fact as more and more people come to know about bitcoins the price will certainly go higher and higher. The more you spread among people the higher it gets.

If BTC drops to 1$ , I would wait and see if it gets even lower, if not and it increases slowly then I would buy some 100-200 BTC and have my life settled.
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May 31, 2016, 02:26:53 PM
 #873

it is so funny to see this topic again on top because of the recent market status.
these days if the price goes down to $499 people are going to sell their everything to buy bitcoin and here they are talking about $1 heeheee

nothing is funny I think, because everyone knows that it will impossible if bitcoin dropped to $1.
OP might do like to survey, what would people do if it goes down to $1. and most people take the opportunity to buy as much as possible.
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May 31, 2016, 02:33:09 PM
 #874

it is so funny to see this topic again on top because of the recent market status.
these days if the price goes down to $499 people are going to sell their everything to buy bitcoin and here they are talking about $1 heeheee

nothing is funny I think, because everyone knows that it will impossible if bitcoin dropped to $1.
OP might do like to survey, what would people do if it goes down to $1. and most people take the opportunity to buy as much as possible.

First of all its simply impossible to achieve that price in future and if it falls then few people will stop using it and rest who have faith will continue to buy some more coins.
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May 31, 2016, 02:40:00 PM
 #875

If a better currency is not created to justify the disuse of bitcoin, I'll go to another planet because the Earth will be going to hell  Grin
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June 07, 2016, 10:30:07 PM
 #876

it is so funny to see this topic again on top because of the recent market status.
these days if the price goes down to $499 people are going to sell their everything to buy bitcoin and here they are talking about $1 heeheee

Even if its drop to $1 (which is highly unlikely) ,I will still keep on using the bitcoins. The reason for this is i mainly use bitcoin because it has no strings attached; I don’t need any identification to make a bitcoin wallet and I don’t need to use a bank card. To have my money kept online and my payments done alone is good enough for me. That’s mostly why I love bitcoin and continue to support it, no matter what the bitcoin price is.
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June 08, 2016, 12:31:09 AM
 #877

i buy more and hold Grin

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June 08, 2016, 12:39:20 AM
 #878

Sounds like a nightmare to me,anyway if the price falls so much(which i doubt ofc) then another cryptocurrency will take bitcoin's place so i guess i will start using that one.
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June 08, 2016, 12:43:38 AM
 #879

If Bitcoin manages to hit basically $1, meaning rock-bottom, chances are I would buy some and hope that it goes back up.

Now, that would also depend on what the market was saying, if it was a temp drop I would buy, but if everyone was backing out I would as well.
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June 08, 2016, 02:42:44 AM
 #880

i buy more and hold Grin

I will do this also, I will take it for granted and grab the chance of earning bigger because when the price falls.
For sure there is another rise that will happen. There is no pump if there is no dump after it.



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