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reRaise
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June 10, 2016, 10:55:33 PM |
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i think the possibility of btc hitting $10k is higher than $1, what would u do if btc hits $10k thats the question.
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Mvaporis1961
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June 10, 2016, 11:17:01 PM |
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If the price of bitcoin dropped up to 1$ i'm sure that majority of the bitcoin users will buy bitcoins as much as they can because it's the perfect time for them to make the bitcoin alive again, if many bitcoin users buy a lot of bitcoin at the price of 1$ i'm sure that tomorrow or after a couple of days the price of bitcoin will skyrocket again to hunder dollars per piece.
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angaper
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June 10, 2016, 11:53:23 PM |
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I also think that bitcoin never will return to that price, but in case of a real catastrophe befalls and bitcoin drops to $1, of course it might be the end of this game and perhaps I had spent my coins at higher levels, foreseeing this awful scenario with enough anticipation.
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lalala123456
Newbie
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Activity: 14
Merit: 0
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June 10, 2016, 11:54:58 PM |
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If Bitcoin went to 1$ I'd already have sold all much earlier.. If it gets that low ever again I dont believe theres any chance it could go back up
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hendra147
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June 11, 2016, 12:01:05 AM |
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If Bitcoin went to 1$ I'd already have sold all much earlier.. If it gets that low ever again I dont believe theres any chance it could go back up
yes you are right, we may have panic sell when the price is above it. but if $1 going to buy as much as possible it will be profitable, because surely the people also think the same as me, will buy as much as possible. |
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lottery248
Legendary
Offline
Activity: 1568
Merit: 1005
beware of your keys.
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June 11, 2016, 12:04:57 AM |
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for me? spend a day fund of lunch (~$5) to buy 5 of them, because the price of bitcoin will soar fast once more people buys bitcoin.  lmao a little is enough, too much is a waste. |
out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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Monnt (OP)
Legendary
Offline
Activity: 938
Merit: 1002
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June 11, 2016, 01:44:01 AM |
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for me? spend a day fund of lunch (~$5) to buy 5 of them, because the price of bitcoin will soar fast once more people buys bitcoin. lmao a little is enough, too much is a waste. But IMO if the price ever dropped that low, that would mean there's another altcoin out there that has bested bitcoin, or a major security flaw. |
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Sniper44
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June 11, 2016, 02:01:58 AM |
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if bitcoin price dropped to $1 by a very faint chance which doesn't really exist, then in that case i would start selling everything i own even my computer and go to a internet cafe and use all that money to buy bitcoin and put it in a cold storage.
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to the moon with bitcoin...
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Cyaren
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June 11, 2016, 02:02:14 AM |
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for me? spend a day fund of lunch (~$5) to buy 5 of them, because the price of bitcoin will soar fast once more people buys bitcoin. lmao a little is enough, too much is a waste. But IMO if the price ever dropped that low, that would mean there's another altcoin out there that has bested bitcoin, or a major security flaw. Yeah definitely. I doubt the bitcoin price will ever drop that low, even if it does then it means there is a major flaw waiting to be fixed somewhere in the bitcoin system. However, this probably means that bitcoin has failed. So yeah... Depends why the price is $1. |
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Sniper44
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June 11, 2016, 02:11:33 AM |
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for me? spend a day fund of lunch (~$5) to buy 5 of them, because the price of bitcoin will soar fast once more people buys bitcoin. lmao a little is enough, too much is a waste. But IMO if the price ever dropped that low, that would mean there's another altcoin out there that has bested bitcoin, or a major security flaw. Yeah definitely. I doubt the bitcoin price will ever drop that low, even if it does then it means there is a major flaw waiting to be fixed somewhere in the bitcoin system. However, this probably means that bitcoin has failed. So yeah... Depends why the price is $1. yeah it depends on the reason. but a reason that could drop the price from $570 to $1 doesn't exist and only a flaw that is also not fixable can do that which also doesn't exist. also no altcoin can have such effect on bitcoin price as Monnt wants to believe, they can only be second at best. |
to the moon with bitcoin...
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BossMacko
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June 11, 2016, 02:35:02 AM |
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If bitcoin dropped to 550$ to 1$ lots of people will rage,quit,and abandon bitcoin. I will also abandon bitcoin and find another coin/coins.
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sempak
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June 11, 2016, 02:37:25 AM |
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it did not seem possible. but if it does happen then I would buy the entire bitcoin with the money I milkiki in the real world. and I'm sure one day bitcoin prices will go back up again. it is very profitable.
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RhodaGila
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June 11, 2016, 02:59:28 AM |
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If the price drops to $ 1 bitcoin then certainly I would not sell it just as cheaply as that.
When a crowd of people as possible to bitcoin panic sell , what have you to say it is true and I agree, then that's our opportunity to gather as many bitcoin is a way to buy it and then doing an investment, do not just one investment.
Maybe that's what I will do when the price of bitcoin dropped to $ 1
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iqlimasyadiqa
Legendary
Offline
Activity: 1596
Merit: 1011
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June 11, 2016, 03:01:42 AM |
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I think bitcoin will become bigger and stronger. and I am not sure bitcoin will break the $ 1. it is not possible and it will never happen forever.
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romero121
Legendary
Offline
Activity: 3192
Merit: 1213
Enterapp Pre-Sale Live
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June 11, 2016, 05:32:42 AM |
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I think bitcoin will become bigger and stronger. and I am not sure bitcoin will break the $ 1. it is not possible and it will never happen forever.
With the potential it has got the price goes higher than going down. Still none is sure of the future, so even something happens and price touches down $1 without hesitation I could buy at least 1000. No matter whether it grows again or not. |
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Wendigo
Legendary
Offline
Activity: 2604
Merit: 1036
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June 11, 2016, 05:45:56 AM |
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If Bitcoin crashed to just $1 this would mean the crypto coin is very much done and won't recover ever again. All the investors and miners would have taken such big losses given the huge investments in mining farms and Bitcoin infrastructure upgrades in companies specializing in Bitcoin payments that everyone will just leave the sinking ship and look or other brighter opportunities. Also no one will ever use Bitcoin as a store of value again because of sheer fear and the prospect of using it as a digital currency won't be any appealing either when you can have alt coins with higher value on the market.
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justspare
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June 11, 2016, 06:21:47 AM |
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I would probably just keep all my Bitcoins as like a collectors item and then buy another cryptocurrency with fiat.
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Labumi
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June 11, 2016, 06:27:27 AM |
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If bitcoin dropped to 550$ to 1$ lots of people will rage,quit,and abandon bitcoin. I will also abandon bitcoin and find another coin/coins.
It is the worst impact of the bitcoin that doing so will have a presentation of 99.99% of people will immediately leave the bitcoin main thing, they leave the bitcoin, as they suffered losses that are unusually large and that will make some people experience stress |
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Enotche
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June 11, 2016, 06:36:19 AM |
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I think Bitcoin is already strong enough and secure. People trust him, and I do not think that its price will fall to one dollar. However, if this happens, people are accustomed to working with him, it will be massively buy that again raise its price.
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MTBTT
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June 11, 2016, 06:48:14 AM |
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If bitcoin dropped to 550$ to 1$ lots of people will rage,quit,and abandon bitcoin. I will also abandon bitcoin and find another coin/coins.
it was something that would never happen in the near future? yeah i know what price will probably happen in bitcoin but the decline was as high as it will not happen in the near future? may take a long time |
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