If bitcoin dropped to $1, what you do?

buy, keep, sold

repeat 1000000x

Quote from: Monnt on April 16, 2016, 12:09:21 AM

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 hold my balace BTC
if bitcoin droop i think reward campaign signature, reward faucet will up much is presentage quantity is bitcoin, example reward 0,1btc equal 6,8dollar, if btc down is level 1dollar, reward up 6,8btc nominal bitcoin up nominal dollar stay,
i think is is btc down price 1dollar nothing one peope mining again, nothing mining tx transaction has not working

i will much buy bitcoin and then , i will trade altcoin
eth monero maidsafe ltc dogecoin lisk and many more

I will buy tons of it..... before it goes back up!

Quote from: Altcoinlover on July 02, 2016, 12:30:16 AM

I will buy tons of it..... before it goes back up!

I also would buy a lot of bitcoins because I must say that buying bitcoins on this price is cheap and most likely profitable.
The bitcoin almost always get back up again to a nice worth after it has been fallen, this already been done multiple times.

If it goes that down there must be a serious reason. I would probably have already bought the other coin rising to replace bitcoin.

Simply i will huy thousands of bitcoin and save it for a long time and when the price get triple i will sell it to gain more income and i will spend it for my daily living.

I will keep it and stored all my bitcoin until the price of bitcoin become high again, because $1 is really small and it's better to keep it and hope the bitcoin's price will comeback someday.

Quote from: rio3233 on July 02, 2016, 01:15:48 AM

I will keep it and stored all my bitcoin until the price of bitcoin become high again, because $1 is really small and it's better to keep it and hope the bitcoin's price will comeback someday.

agree it, but i doubt we will reach $1 per 1bitcoin. it hink richman like bill gates will pump bitcoin if the price of bitcoin drop to $1, and i will sell my motorcycle to buying as much as possible.

Quote from: rio3233 on July 02, 2016, 01:15:48 AM

I will keep it and stored all my bitcoin until the price of bitcoin become high again, because $1 is really small and it's better to keep it and hope the bitcoin's price will comeback someday.

With me, I'm going to buy really a lot of bitcoins by that time if that happens. Because for sure if there are still users and buyers of bitcoin that time.
There is a chance that the price is going to keep rising.

Quote from: shane on July 02, 2016, 04:56:55 AM

Quote from: rio3233 on July 02, 2016, 01:15:48 AM

I will keep it and stored all my bitcoin until the price of bitcoin become high again, because $1 is really small and it's better to keep it and hope the bitcoin's price will comeback someday.

agree it, but i doubt we will reach $1 per 1bitcoin. it hink richman like bill gates will pump bitcoin if the price of bitcoin drop to $1, and i will sell my motorcycle to buying as much as possible.

$1 price is impossible now, it can never go that lower, and I don't think it will even go below $400 in near future and if it does, then like you said I will too prefer to buy as much as I can.

Quote from: plateadodev on April 16, 2016, 01:11:17 AM

I'll sell all the stuff that I got and I don't need right now and buy all the BTCs that I can.

I'm agree with you, selling bitcoin when the price dropped to 1$ is just fool action. We all know when bitcoin price is dropped it's will rise again. So it is good to buy bitcoin as much as we can.

Quote from: sobsitesearch on July 02, 2016, 01:11:50 AM

Simply i will huy thousands of bitcoin and save it for a long time and when the price get triple i will sell it to gain more income and i will spend it for my daily living.

This is why there are bitcoin millionaires, when the price of bitcoin is very low this is what they have done.
They bought a lot of it and they just hold it and now the price is now high they are going to sell it for sure or even wait for higher price.

Quote from: boyptc on July 02, 2016, 08:34:14 AM

Quote from: sobsitesearch on July 02, 2016, 01:11:50 AM

Simply i will huy thousands of bitcoin and save it for a long time and when the price get triple i will sell it to gain more income and i will spend it for my daily living.

Early adopter of bitcoin have already become millionaires or even billionaires who bought for the lowest price but I don't think that history will be repeated again.

if the cost of mining bitcoin would still be higher than that, it would make sense to buy more in expectation that the price will rebound soon. I will buy bitcoin if it dropped 1$, but i am doubt about that because today bitcoin become famous and many people use bitcoin. Many of us will continue to buy bitcoin even if the price falls that low, so I will do the same but I am pretty sure that it will never go that low.i doubt bitcoin would be droped to 1$, but if it happened i dont think that price would be up again, it must be fatal if the price like that then people will lose faith in bitcoin, they're not interested in bitcoin anymore and the price will be stuck and sooner or later will be die

Quote from: greBit on July 02, 2016, 08:35:54 AM

Quote from: boyptc on July 02, 2016, 08:34:14 AM

Quote from: sobsitesearch on July 02, 2016, 01:11:50 AM

Simply i will huy thousands of bitcoin and save it for a long time and when the price get triple i will sell it to gain more income and i will spend it for my daily living.

Early adopter of bitcoin have already become millionaires or even billionaires who bought for the lowest price but I don't think that history will be repeated again.

It can be happen again that the price will touch that $1 if the all users will sell their coins but i think thats not gonna happen now but in the future it can because if the price of bitcoin in the future is very high it can cause for shareholders to do panic selling because of it's price and also to secure their profits.

For me 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.

I would spend all my money in the real world to buy bitcoin in very much. I believe that in the future bitcoin will have a very high price. I will benefit a lot. bitcoin very bright future.

Quote from: rhed718 on July 02, 2016, 12:21:54 PM

That is the best thing to do because if the price would drop to that kind of pretty cheap amount it will just like a bubble and will just for a few couple of hours because many trader/investors would grab that chance to buy bitcoin as much as they can because just like you they know that there is chance of getting million or even billion of dollars in just a couple of weeks or even days.

BTC will never go to 1$ because there are lot of buyer now days waiting to buy at every prices levels. I am sure you will not buy at that time, just think about a few days older when the price came back from $467 to $440, how much did you buy at that period? People were scared to see that, and if you still believe that you will buy a coin when it come at its lowest price then there are a lot of coins which are less than $1, why not you buy a large pile of it so that you will be the whale and you will manipulate that at what price you want.