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Author Topic: If bitcoin dropped to $1, what you do?  (Read 98172 times)
ning_chang
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July 04, 2016, 06:44:58 AM
 #1361

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.
My opinion about that. It's impossible to dropped $1 dollars the price of bitcoin. Because there are many user are disagree. Because It is very hard to reach 1 bitcoin. But If this will happen, then I will buy more Bitcoins and I believe some of us will do the same thing. Thus, the price will start to go up again. And then i will selling all my bitcoin to get rich.  😇
23dzmaz
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July 04, 2016, 07:03:33 AM
 #1362

I will give it half of my bitcoin to people because $1 is not worth anymore and the rest i keep it for hoping the price of bitcoin will increase someday.
phreaky
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July 04, 2016, 08:49:04 AM
 #1363

I think its impossible that the price of bitcoin will be drop at $1.. well if it will happen i think people will be panic but i think they are still holding it they are not selling because they lose if it will happen.. and i think its impossible because many people are waiting for the price will decrease even below 400 to hold it for many years..
I also think that it would not happen but I would buy as many coins that I can if it ever happened that is for sure. Everyone would buy as many as they could because they would not let that chance to make much money slide.
But it is not going to happen so I am also not hoping for it to happen in the future.
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July 04, 2016, 08:50:41 AM
 #1364

i will buy more  Cool Cool
Cyaren
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July 04, 2016, 08:56:19 AM
 #1365

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune Smiley
Im so sorry its not possible Cheesy
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July 04, 2016, 09:02:32 AM
 #1366

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune Smiley
Im so sorry its not possible Cheesy

At a moment you are feeling it cool as price is higher now, but suppose if you are holding 100 coins in your wallet and suddenly it falls to $1 then you will  go mad and will not prefer to buy even a single coin, 1000 bitcoins is out of imagination.
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July 04, 2016, 09:09:35 AM
 #1367

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune Smiley
Im so sorry its not possible Cheesy

At a moment you are feeling it cool as price is higher now, but suppose if you are holding 100 coins in your wallet and suddenly it falls to $1 then you will  go mad and will not prefer to buy even a single coin, 1000 bitcoins is out of imagination.
that's the risk of holding many bitcoin man,price rising will not giving affect a lot to those who having a little amount of bitcoin but will give a lot of effect to people who owning so many bitcoin and so does with the price falling

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July 04, 2016, 09:13:07 AM
 #1368

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.

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July 04, 2016, 09:14:53 AM
 #1369

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.
But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)

DoublerHunter
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July 04, 2016, 09:21:28 AM
 #1370

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.
But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)
If anyone buy with price of $1 per bitcoin it will help a lot for bitcoin to recover because we can't be sure that the person that will buy only is just 5 or 10 because if you ask me i think almost all the users and even those people who didn't know bitcoin will buy because it will be a big news online and also for investor if the price would fall to that very cheap amount.
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July 04, 2016, 09:33:28 AM
 #1371

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.
But if bitcoin fall to $1 , it's so hard to recover the price (CMIIW) . If anyone buy the bitcoin $1 and hold it .
The price is stuck and become stable until anyone sell it (CMIIW)
If anyone buy with price of $1 per bitcoin it will help a lot for bitcoin to recover because we can't be sure that the person that will buy only is just 5 or 10 because if you ask me i think almost all the users and even those people who didn't know bitcoin will buy because it will be a big news online and also for investor if the price would fall to that very cheap amount.

Buying bitcoin at price of $1 is something like buying it for free, and everyone will prefer to buy as the risk of loosing money is minimum as we know that it can again rise to at least $100 after that.
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July 04, 2016, 09:45:20 AM
 #1372

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 bitcoin drop to 1$ I'm really sure I will buy more and save it for future. But I guess it will not happen to go down Again to 1$ there is more investor who already adopt bitcoin they don't want to make bitcoin at lower price.
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July 04, 2016, 09:50:57 AM
 #1373

for my $ 1 is for very little money. if true bitcoin has rates of $ 1 then I will sell all goods in my home. then I buy bitcoin as much as I can. I'm sure some time later bitcoin will again have high price.
it's up to you to buy bitcoin at that time. but I think that it would be very risky because bitcoin achieve very low price. because of course there are specific reasons such as the user is no longer interested in bitcoin?
if the user is not interested in bitcoin again. I think there is no chance for bitcoin again to grow again
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July 04, 2016, 10:03:51 AM
 #1374

Wow, bitcoin down to 1$... that would be cool indeed.
I guess i would buy about goddamn 1000 btc and put it all at primedice or other btc gambling site: then win a fortune Smiley
Im so sorry its not possible Cheesy

At a moment you are feeling it cool as price is higher now, but suppose if you are holding 100 coins in your wallet and suddenly it falls to $1 then you will  go mad and will not prefer to buy even a single coin, 1000 bitcoins is out of imagination.
that's the risk of holding many bitcoin man,price rising will not giving affect a lot to those who having a little amount of bitcoin but will give a lot of effect to people who owning so many bitcoin and so does with the price falling

I would say there is an effect even you are just holding out small amount of bitcoins as long as there is going to be a price increase then it is going to be profitable.
And if the price of bitcoin is $1 then I will just going to buy as many as I can.

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July 04, 2016, 10:26:08 AM
 #1375

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.
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July 04, 2016, 10:50:21 AM
 #1376

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 buy more bitcoin too,no doubt haha.
I would tell about 1$ btc all my friends,family etc and convince them to open shared wallet,we would buy like 100k btc and wait for the price increase
and it would fall lel
jossiel
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July 04, 2016, 11:04:27 AM
 #1377

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

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July 04, 2016, 11:14:30 AM
 #1378

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.
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July 04, 2016, 11:41:17 AM
 #1379

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.
Yeah it's better to take the risk from investing some our money than ignoring a possible opportunity that can make us millionaire soon. I think if the bitcoin price dropped to that it can cause panic buying which is good for bitcoin to regain it's momentum and back to normal price so if we buy at least 500 bitcoin from that price soon or just next day we can start earning hundred or even thousand dollars from that investment Grin.
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July 04, 2016, 11:45:40 AM
 #1380

normally we try to buy more when bitcoin price goes down. because there is high chance of bitcoin price go high. so buying is obvious. but if bitcoin price goes down as 1$ and no chance for getting up, then I'll quit bitcoin.

Yeah majority of users will prefer to quit bitcoin if it falls that low as then there are very less chances that it will go higher again in future.

But if you are wise thinker guys, you will take it as a good chance of buying a lot of bitcoin.
Because that is going to be a good chance for a start again with bitcoin.

It will be really difficult for people to believe that bitcoin will rise again in future after falling to $1, but you can always buy some and keep safe for the future.
Yeah it's better to take the risk from investing some our money than ignoring a possible opportunity that can make us millionaire soon. I think if the bitcoin price dropped to that it can cause panic buying which is good for bitcoin to regain it's momentum and back to normal price so if we buy at least 500 bitcoin from that price soon or just next day we can start earning hundred or even thousand dollars from that investment Grin.

If price falls to $1 in future then its an opportunity for us to become rich in future by buying huge amount of coins at that price, so don't miss the opportunity if it really happens in future.
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