If bitcoin dropped to $1, what you do?

[Adar Korin]

This needs to be a poll.  Definitely corner the market and buy up BitCoin. 

[DomesticTrader]

I honestly would just sell my bitcoins for sure because if this happen I do not see a future anymore for the bitcoin to be honest.
It would be done with it for sure.

[elobizph]

I think i would buy more bitcoin and save it for more years and im expected to gain more more profit before i will sell it, I would be billionaire for the future and i will help someone to get rich also.

[Nevis]

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 that happen with BTC, quite simply. I'm really gonna quit, kakapagod have 1 BTC. then only $ 1 value, 😂😂😂

[asriloni]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

[nischal88]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

Lets hope the bitcoin value would never reach to that less amount, however, we still could do lot more with it even with that less amount because it certainly can uplift if we contribute to our full potential.
Let's not get discouraged if the thing said by the author would come to reality, it may never be the same.

[Lokfar]

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 will buy more bitcoins and wait for the time when the value of bitcoin raises to a good amount then i will sell bitcoin i guess everyone on this forum will do the same thing !!

I would buy a lot of BTC because BTC is the start, you cant run to an alt coin because if BTC falls most likely the alt coins will, you will have to wait for BTC to go back up so i would buy like $100 in BTC and just throw it into a cold wallet.

Keep btc high and buy more!

I also would buy more from them because the bitcoin will get back up from it and if it will I will become rich due to that smart step I made back in the days.

[Sled]

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 will buy more bitcoins and wait for the time when the value of bitcoin raises to a good amount then i will sell bitcoin i guess everyone on this forum will do the same thing !!

I would buy a lot of BTC because BTC is the start, you cant run to an alt coin because if BTC falls most likely the alt coins will, you will have to wait for BTC to go back up so i would buy like $100 in BTC and just throw it into a cold wallet.

Keep btc high and buy more!

I also would buy more from them because the bitcoin will get back up from it and if it will I will become rich due to that smart step I made back in the days.

That is right buying bitcoin as much as we can is the best thing to do if the price would dropped to $1 and it will be easiest way to make us rich because bitcoin will rise up in just a couple of days because many people will take advantage of that and it will cause for bitcoin recover fast and reach $$$ price again 

[Falconer]

it is unlikely to happen. but if ever bitcoin drops to $1 i will surely buy a lot and store them in a cold storage then dream that i am rich lol.

It sounds insane, dropped to $1 means people dont want to use bitcoin anymore and no place accept it. So, there is no reason people want to buy your bitcoin if you hold it. And if bitcoin really drop alot, I think people will try to create another technology or something else and leave bitcoin just like that.

Absolutely right, buy low and sell high, that is the perfect stratey and everyone should knows it. I missed to convert my bitcoins to fiat when it was high so I regret, and convert it again to btc when it goes down, I hope. BTC moved downward but it would not reach the $1 again, we are so far now from that price.

Thats a common law in trading, but people were too greedy, when they saw bitcoin reach $700, then they prefer to still hold their bitcoin and wait until hit $800. But in the end, they lost their chance when its went down in the next day.

[ajun96]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

[carlisle1]

i think it's not like going to happen , bitcoin dropped to $1 ? lol what will be the next plan of those big investors of bitcoin ? should they go and kill themselves ?  but if it happened i think i'm going to say badwords to anyone . but of course i am just joking i will wait for its price to rise again .

[fkvidar]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

[ayesha sadiqa]

i will buy as many bitcoin as i can. i know that the rate will increase after that very soon. and it is a not a permanent downfall.

[dothebeats]

Keep and have a piece of history together with me and make it as a collector's item. It is still valuable though, knowing that it disrupted the current financial scheme which we are all in.

[talkbitcoin]

so far this recent small drop to $560 has proven that a lot of people are waiting for a drop to buy a lot of bitcoin by investing money in it, so i am sure if price could go that low to $1 a lot more will buy bitcoin so sooner before $1

[chineseprancing]

If bitcoin dropped to 1$ , bitcoin has died. It just its impossible to dropped bitcoin to 1$. It maybe happen in the past but its hard to happen now

[rio3233]

it is unlikely to happen. but if ever bitcoin drops to $1 i will surely buy a lot and store them in a cold storage then dream that i am rich lol.

It sounds insane, dropped to $1 means people dont want to use bitcoin anymore and no place accept it. So, there is no reason people want to buy your bitcoin if you hold it. And if bitcoin really drop alot, I think people will try to create another technology or something else and leave bitcoin just like that.

Absolutely right, buy low and sell high, that is the perfect stratey and everyone should knows it. I missed to convert my bitcoins to fiat when it was high so I regret, and convert it again to btc when it goes down, I hope. BTC moved downward but it would not reach the $1 again, we are so far now from that price.

Thats a common law in trading, but people were too greedy, when they saw bitcoin reach $700, then they prefer to still hold their bitcoin and wait until hit $800. But in the end, they lost their chance when its went down in the next day.

Yeah, if the bitcoin's price dropped to $1, there must be something big happened that makes the bitcoin's price become $1. I think the bitcoin's price will never reach $1.

[nururochac]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear  to see that it's slow dying.

[hermanhs09]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear  to see that it's slow dying.

No the halving is definitely going to take btc to the moon man. Yeah with the halving you'll see that btc will go up in the near future because with that you know about supply and demand so with that rule the price will rise.

[nururochac]

buying bitcoin is what i'm thinking,why don't spend just like 100$ to try a luck on bitcoin rather than buying luxurious food which could end up become shit at the end

yeah i think it's not a problem to pull out $ 100 just to buy bitcoin. no one knows whether bitcoin will live longer or die. if you die it means you are out of luck and you have to accept defeat for just $ 100
if you're lucky maybe you can become rich when bitcoin live again

I don't think that bitcoin can fall to $100 in future and if it falls that doesn't mean its an end of bitcoin, as we all know that bitcoin has potential to rise again in future.

There's really a possibility that if bitcoin fall below that price there's really a high chance it will be dead, as you're unlikely to see any coin fall almost 95% of it's current price and expect to rise again. It's clear  to see that it's slow dying.

No the halving is definitely going to take btc to the moon man. Yeah with the halving you'll see that btc will go up in the near future because with that you know about supply and demand so with that rule the price will rise.

We're not talking about the halving we're talking about the possible problems why btc go below that price.

Let's make it a scenario
What do you think is the main problem in the first place why the price of bitcoin dropped that much?
The answer is because something horrible really happen and most of the users are now quitting the bitcoin that's why the bitcoin hit that  price which is $1.