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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98136 times)
futurebit640
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June 27, 2016, 03:56:09 PM
 #1261

I don't know it may happen. Anything can happen Bitcoin. Last time it was reached 1500$ and suddenlt=y went down 100$ so this time, it may go 1$ also there is no surprise. If it goes 1$ means, i will keep my coins in my wallet and also I will buy some coins. And I am sure the price will increase one day so that time I will make a profit.
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nururochac
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June 27, 2016, 04:02:37 PM
 #1262

I personally believe it is very unlikely to happen this year or the following years to come, or even a distant future. Even so if it does happen, I'd feel regret of all the time I've wasted for it

Though the regret could fade away. I'd probably do like jossiel, buy as many bitcoin as I can and wait for the opportunity for it to rise again Cheesy

What if the result will not be as what you think and rather the opposite of it will happen. It will still keep on falling and will soon be a dead coin like what happened on the other altcoins.
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June 27, 2016, 04:09:49 PM
 #1263

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 would DEFINETLY BUY MORE!!! Smiley
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June 27, 2016, 04:12:46 PM
 #1264

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 a lot if bitcoin. Because when the original price of bitcoin will come back. I will sell all my bitcoin. .😇😇☺
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June 27, 2016, 04:15:04 PM
 #1265

BUY BUY BUY!!!!
i would buy as much bitcoins as possible too in my opinion because i think it would make me a lot of money
I agreed to buy as much as possible is the best choice. but it would be better if you do a brisk trade. because if you are too greedy and wait for the price is too high, it can come back fall and you lose big.

.
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June 27, 2016, 04:17:32 PM
 #1266

I personally believe it is very unlikely to happen this year or the following years to come, or even a distant future. Even so if it does happen, I'd feel regret of all the time I've wasted for it

Though the regret could fade away. I'd probably do like jossiel, buy as many bitcoin as I can and wait for the opportunity for it to rise again Cheesy

What if the result will not be as what you think and rather the opposite of it will happen. It will still keep on falling and will soon be a dead coin like what happened on the other altcoins.
That would definitely be the most likely thing to happen and have occur if Bitcoin was to hit $1; almost no coin, especially one as valued as Bitcoin, would be able to recover from such a collapse of the value, and Bitcoin hitting $1 across the board would more than definitely cause a collapse of everything and Bitcoin would more than likely be lost to the obscurity of everything else.
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June 27, 2016, 04:17:56 PM
 #1267

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

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June 27, 2016, 04:41:12 PM
 #1268

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it.  And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit.  Still good for investment? I think yes.

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June 27, 2016, 04:50:42 PM
 #1269

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it.  And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit.  Still good for investment? I think yes.
It is true. it could be a very good investment, because that would be like playing trading by buying altcoin which has a low price, when you buy a bitcoin at a price of $ 1, then when the price goes up to $ 2, it can make a profit doubled, and I believe at that time the price of bitcoin will very quickly rise
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June 27, 2016, 06:18:14 PM
 #1270

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

True, the mere fact that Bitcoin Price increased from nothing to something is an indication that it can still recover its price as long as technology and community doesnt leave it.  And buying Bitcoin at 1 dollar and sell it at 1.25 USD is still a profit.  Still good for investment? I think yes.
It is true. it could be a very good investment, because that would be like playing trading by buying altcoin which has a low price, when you buy a bitcoin at a price of $ 1, then when the price goes up to $ 2, it can make a profit doubled, and I believe at that time the price of bitcoin will very quickly rise
i have check the replays of the most of the people and their reply is that they will invest all their assest there to buy bitcoin at that rate. but my personal experience says that first it is impossible that bitcoin will drop to such level, but perhaps it drop to such level then the people will have lost their total confidence and they may not be welling to invest a sing unit of their flat currency for buying bitocin. then the bitcoin will be totally dead.
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June 27, 2016, 06:19:28 PM
 #1271

Well If it will drop to 1$, I would buy more. I would buy many bitcoin hoping it would rise again. I trust bitcoin so ill do that.

I will also do this if this kind of scenario happens. I will take the opportunity to buy as many bitcoins as I can.
I will take the opportunity of having a lot of bitcoins.
And if the price increases for sure I will get profit from it.

That's the right choice, buy as much as you can and keep it in cold storage and simply forget about it and when you see higher price in future sell it and make huge profits.
I'm pretty sure that everyone's going to be doing the same even if you don't ask them because it's pretty obvious that we would want to make profits out of this favorable event. There will be a race to try to hoard all bitcoins and just as when bitcoin's value goes down at $1, everyone will try to get their hands on them by offering a higher price.
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June 27, 2016, 06:38:16 PM
 #1272

I will buy many coins instantly, cause many people will start to sell it, and i belive that if bitcoin's price dropped - it will increase againe anyway.

yeah, a lot of people start to buy bitcoin whenever they notice that the price of bitcoin come down, as they have believe on bitcoin and they now that the price of bitcoin is recovered sooner and faster.
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June 27, 2016, 10:31:39 PM
 #1273


Actually I've seen more people sell when the price drops hard than buy.  And most buy when BTC has a big run.
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June 27, 2016, 11:13:27 PM
 #1274


Actually I've seen more people sell when the price drops hard than buy.  And most buy when BTC has a big run.

That is the most recommended thing to do, especially if the price drops to this kind of price which is $1. For sure thousands of users will going to
buy more and more bitcoin if they can avail to have one.
And as for me, I'm going to it too because I know in the end bitcoin is going to rise again.



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[15.00000000 BTC]


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June 27, 2016, 11:32:09 PM
 #1275

I would not sell my bitcoin, I would even buy more bitcoins because I think that the bitcoin will than soon or later stands up again.
Some people will also stop fully with the bitcoin for sure.
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June 27, 2016, 11:46:00 PM
 #1276

I would not sell my bitcoin, I would even buy more bitcoins because I think that the bitcoin will than soon or later stands up again.
Some people will also stop fully with the bitcoin for sure.

Well almost all people here will going to do this kind of act if ever bitcoin is going to reach with that amount of price.
But for sure, this is not going to happen.



.
.BIG WINNER!.
[15.00000000 BTC]


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Rainbot
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June 28, 2016, 12:03:30 AM
 #1277


Actually I've seen more people sell when the price drops hard than buy.  And most buy when BTC has a big run.
yeah that's the strategy in the trade of buying at the lowest price possible, because it will determine the amount of your profits at the bitcoin trading
sobsitesearch
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June 28, 2016, 12:24:16 AM
 #1278

For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.
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June 28, 2016, 12:26:08 AM
 #1279

For me if bitcoin down to 1$ then it's easy just i will buy 1000 BTC and keep it stoke .. and it will be 100x probably within next 1 or 2 xD sell it and become rich.

The supply is what's going to be the problem. Just when bitcoin reaches that point where the value is at $1, everyone would start hoarding bitcoins and the problem would be how fast can you get bitcoins.
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June 28, 2016, 12:29:00 AM
 #1280

Without any doubt I would buy a good amount of bitcoins  Grin
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