If bitcoin dropped to $1, what you do?

[vero]

If this will happen i would invest $2000 and wait for the price increase and i think i will going to be rich in my investment in the future, but all of us know that it would not happen right now because the value of bitcoin is continuous rising.

i would definitely put a lot of cash into bitcoins then either, in my opinion it would be a must then for the price to grow so i would make some decent profit

There is no guarantee that it will rise after that, as if it has fallen to that level then there should be some serious issue with it and that we need to find first and then take action accordingly.

certainly there will be no rise occurs when the price fell to its lowest bitcoin till touching to $ 1, if it happens almost all bitcoin holders suffer losses that make them unable to think.

[skysblu]

If this will happen i would invest $2000 and wait for the price increase and i think i will going to be rich in my investment in the future, but all of us know that it would not happen right now because the value of bitcoin is continuous rising.

i think i would invest into bitcoins even more then and hope that it would allow me to make some big profit

[Bitcoinsummoner]

If this will happen i would invest $2000 and wait for the price increase and i think i will going to be rich in my investment in the future, but all of us know that it would not happen right now because the value of bitcoin is continuous rising.

i think i would invest into bitcoins even more then and hope that it would allow me to make some big profit

Well same here if the price goes $1 i will buy a large amount of bitcoin but the problem if you seen that price expect that the price of bitcoin will rise back fast again because many investors are waiting for a low price of bitcoins.

[jak3]

if bitcoin reached 1$ then i am gonna leave the bitcoin but i will not leave the vertual currency world i am sure bitcoin davelopers will develop something new like the same as bitcoin and we all will be back in busness

[crossabdd]

if bitcoin reached 1$ then i am gonna leave the bitcoin but i will not leave the vertual currency world i am sure bitcoin davelopers will develop something new like the same as bitcoin and we all will be back in busness

yes, there is a possibility when the bitcoin verge of collapse, there will be a virtual currency to compete with bitcoin present. I have no problem with it, during the better of bitcoin and could be beneficial to users.

[sabbirshm]

if bitcoin reached 1$ then i am gonna leave the bitcoin but i will not leave the vertual currency world i am sure bitcoin davelopers will develop something new like the same as bitcoin and we all will be back in busness

I don't think that bitcoin will fall on 1$. may be it will decrease to 50-100$ but I don't think it will fall at 1$.  So, if it fall on 50-100$ I would like to buy as much btc I can. And when it will increase I will sell it and gain some profit.

[Bitcoinsummoner]

if bitcoin reached 1$ then i am gonna leave the bitcoin but i will not leave the vertual currency world i am sure bitcoin davelopers will develop something new like the same as bitcoin and we all will be back in busness

yes, there is a possibility when the bitcoin verge of collapse, there will be a virtual currency to compete with bitcoin present. I have no problem with it, during the better of bitcoin and could be beneficial to users.

Well i believe that bitcoin will not crash in that price i will stay at bitcoin i dont want to use other altcoin because altcoin is still not accepted by many stores online..

[BeGoods]

If bitcoin drops to 1 dollar, ill buy more and invest it till the price increase

if it goes to 1$ per BTC then do you think it will rise again and you can invest when price increase??
think twice

I will believe if there are another people will say to think twice, for to do that, because it seems like the coin in front of their hole of dead and in my minds investing on them is between alive or dead.

I think for bitcoin has a price would still be users who will remain in bitcoin. and if there are still users of course bitcoin will remain alive. it is still possible to have an extra bitcoin users. yeah to expand again may still have the possibility. but less likely for bitcoin. yeah you need to think two times to want to invest back

[Doamader]

if bitcoin reached 1$ then i am gonna leave the bitcoin but i will not leave the vertual currency world i am sure bitcoin davelopers will develop something new like the same as bitcoin and we all will be back in busness

yes, there is a possibility when the bitcoin verge of collapse, there will be a virtual currency to compete with bitcoin present. I have no problem with it, during the better of bitcoin and could be beneficial to users.

Well i believe that bitcoin will not crash in that price i will stay at bitcoin i dont want to use other altcoin because altcoin is still not accepted by many stores online..

The same way no one believed bitcoin could be worthing 10 dollars, even 100 or 1000 dollars in the past, people dont believe it can crash, there is nothing safe at crypto world. Bitcoin is the most secure crytpo coin and has the best security with it, sure bitcoin is getting more showed, more exposed to new people, but we can say it wont drop or it cant. Most people do trade altcoins to boost their bitcoins, not to use them as you said most stores works with bitcoin and just.

[BeGoods]

i will buy more

Me too, I will buy 10 BTC. Even thou btc will still drop into 0.5$, I would literally earn it until bitcoin will rise again. Because bitcoin is so popular these days and there is always a reason why bitcoin will drop into 1$ per Bitcoin.

It will never drop to that price in future, and if it does then before buying we should check the reason behind it and if there is still scope of price rise then we should go for it.

Obviously, there is actually no chance for bitcoin to drop to that amount but if it does then there would surely be a reason behind that and maybe the reason that took it to $1 it may don't let it grow again so that is something we should see before investing into it.

Most of the users will loose faith in bitcoin and will not prefer to invest in, in fact they will quit bitcoin and will switch to some other better product to make investments.

They would surely turn to something else if they see no potential of growing bitcoin again but later on if bitcoin recovers and starts growing again then people will again start investing and using it.

I think its depends on the user itself. while the user is still there and still in use bitcoin so bitcoin will continue to live and if there is still demand and users will continue to grow. then I believe bitcoin prices will go up and come back to life from death

[Lexlaz]

Probably buy more

[madwica]

Probably buy more

That is going to be a good opportunity if you are going to buy more a lot of bitcoins with that price only if you are really going to take the risk. It is going to be a risky thing if that is going to at that rate and you are going to buy a lot more. And you don't know what is going to happen if you are going to buy with that price.

That is why we need to buy only how much we can afford to lose because what ever happen we will never depress on our investments because the risk we have in online investment is too high we only lessen the risk if we invest small amount of our money but the return of it is also small.

[nejibens]

I don't think the bitcoin's price will drop down to this cheap price even in the worst cases, but if it happen that will be great opportunity for the Bitcoin's holders.

[joshvette001]

Having it drop so low would eventually be it's demise and alot of people would give up on it including myself if it said that way for a few days.

[Zadicar]

Probably buy more

That is going to be a good opportunity if you are going to buy more a lot of bitcoins with that price only if you are really going to take the risk. It is going to be a risky thing if that is going to at that rate and you are going to buy a lot more. And you don't know what is going to happen if you are going to buy with that price.

That is why we need to buy only how much we can afford to lose because what ever happen we will never depress on our investments because the risk we have in online investment is too high we only lessen the risk if we invest small amount of our money but the return of it is also small.

Yes that is needed to considered so that you know that still two things are possible to happen if the price of bitcoin dropped to that amount.
It's either the price is going to keep on dropping or the price is going to fluctuate higher it is going to depend on you. On how you are going to trust bitcoin and you are going to take the risk.

Maybe  some would buy more bitcoin in that time because  they have still trust bitcoin in the end and hoping that it would rise up again and  maybe some would lost its trust to bitcoin and would never buy again and maybe when that time comes there would be another  crypto  that would takes place after bitcoin era.

[Steinar]

If bitcon dropped to $1 then its most likely that bitcoin would be declared dead for the last and final time. I cant fathom it coming back from something so serious and trust me, its going to need to be something super serious in order to get btc to $1.

[Mr. Big]

Probably buy more

That's too risky and possibly we are on the "end of the end" history of bitcoin..

I don't think the bitcoin's price will drop down to this cheap price even in the worst cases, but if it happen that will be great opportunity for the Bitcoin's holders.

Though it's hard to imagine that it would happen this time, but maybe, just maybe, it is possible, for some it may mean an opportunity, but for me, it's not...

If bitcon dropped to $1 then its most likely that bitcoin would be declared dead for the last and final time. I cant fathom it coming back from something so serious and trust me, its going to need to be something super serious in order to get btc to $1.

yup, it needs too much pressure to pull it down that low, but for sure, we are one of the responsible for that downfall if it really happens, we are part of the system...

[Zadicar]

Probably buy more

That's too risky and possibly we are on the "end of the end" history of bitcoin..

I don't think the bitcoin's price will drop down to this cheap price even in the worst cases, but if it happen that will be great opportunity for the Bitcoin's holders.

Though it's hard to imagine that it would happen this time, but maybe, just maybe, it is possible, for some it may mean an opportunity, but for me, it's not...

If bitcon dropped to $1 then its most likely that bitcoin would be declared dead for the last and final time. I cant fathom it coming back from something so serious and trust me, its going to need to be something super serious in order to get btc to $1.

yup, it needs too much pressure to pull it down that low, but for sure, we are one of the responsible for that downfall if it really happens, we are part of the system...

if bitcoins price would go to $1 price then  it dead and same as other said , many people would  lost its trust to buy some more. Agree, there would be a very very serious problem when bitcoin reaches that amount but i believe it wouldnt happen anytime soon.

[roby25]

if that will happen i will buy bitcoin as many as i can. because i think all or maybe many of us has same mindset like me

[lavapits]

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 20 bitcoins and would let them sit in my wallet, as i am pretty sure that even if bitcoin price would drop so low, it's price still would rise back up some day