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Author Topic: If Bitcoin price would fall to the bottom, what would you do next?  (Read 15780 times)
JessicaSe
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September 08, 2016, 12:45:27 PM
 #301

I doubt another altcoin could beat bitcoin anytime soon, But if it's price at the bottom then I think it would be a great thing to jump on the currency and save some BTC's to use later on.
NOo bitcoin for me bitcoin is the main father of all altcoin where altcoin are depending on bitcoin and bitcoin are in the long run right now where many altcoins are depending to bitcoin to grow but theres a posibility that bitcoin will decrease its price because of altcoin depends on the investors who uses bitcoin or altcoins

Price is rising at a moment so I don't think we have to worry about bitcoin, and may be we will see more higher price in coming days, and if price drops then try to buy as much as possible.
Yes bitcoin price is rising at the moment the bitcoin price now is range 628.3 dollar and this is good to us because if we hold our bitcoin in our bitcoin wallet for sure we easily earn profit because the bitcoin price increase and for me im going to use this for investment .


We may see some higher price in coming days so its better to hold them for future and sell when it is allowing to make profits and price drops then don't forget to buy more.
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September 08, 2016, 02:02:34 PM
 #302

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

I would leave the game completely. I dont even know how to take that first. How much I would feel down with that lost. I might get a lot of beer first. Drunk myself until I fall in my sleep. Then maybe the next day I could think of what to do.

Lol,  I agree with you that if that happens then initially we would not be in state of mind to decide what action we gonna take but I would like to give one more chance to bitcoin, so I will prefer to buy some more.
no one would be safe if bitcoin price drops a lot in my opinion, i think that bitcoin price shouldnt be going down though to be honest

 
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September 08, 2016, 02:04:13 PM
 #303

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

I would leave the game completely. I dont even know how to take that first. How much I would feel down with that lost. I might get a lot of beer first. Drunk myself until I fall in my sleep. Then maybe the next day I could think of what to do.

Lol,  I agree with you that if that happens then initially we would not be in state of mind to decide what action we gonna take but I would like to give one more chance to bitcoin, so I will prefer to buy some more.
no one would be safe if bitcoin price drops a lot in my opinion, i think that bitcoin price shouldnt be going down though to be honest

We cannot be sure that price will always keep on rising as anything can happen with bitcoin, price may even go lower in coming years, so keep on buying and selling at the right time.
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September 09, 2016, 04:15:12 AM
 #304

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

If ever that happen I would rather to shift in another altcoins were I can continue to grow my coins but still I will continue to buy bitcoin if the price is down to the lowest amount.
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September 09, 2016, 04:20:25 AM
Last edit: September 09, 2016, 04:32:25 AM by veleten
 #305

if bitcoin drops too low i.e. around 30$ or lower
this would affect all of the cryptocurrency ecosystem
hence it is too big to fail and if bitcoin is abandoned,read loses value 10-20 times over
this means community would have invented something better,more reliable and profitable than btc by that time
I,personally,don't see anything like that happening next 2-3 years lo minimal.

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milewilda
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September 09, 2016, 04:35:36 AM
 #306

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

I would leave the game completely. I dont even know how to take that first. How much I would feel down with that lost. I might get a lot of beer first. Drunk myself until I fall in my sleep. Then maybe the next day I could think of what to do.

Lol,  I agree with you that if that happens then initially we would not be in state of mind to decide what action we gonna take but I would like to give one more chance to bitcoin, so I will prefer to buy some more.
no one would be safe if bitcoin price drops a lot in my opinion, i think that bitcoin price shouldnt be going down though to be honest

We cannot be sure that price will always keep on rising as anything can happen with bitcoin, price may even go lower in coming years, so keep on buying and selling at the right time.

Well that is the fact of bitcoin being a crypto currency. But if this is going to happen that the price of bitcoin is going to fall then I am going to buy a lot of it and I am going to take the advantage of it. Because I believe as long as there are users and buyers of bitcoin that is going to increase again because it already happened.

You cant be assured of that bitcoin would rise again as it dump so hard  that it goes to the bottom which means theres a problem with bitcoin why people sold  all their coins  for sure and also if that time happens maybe there would be a new crypto which would replace bitcoin in its place. Well its just my opinion.

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September 09, 2016, 04:41:26 AM
 #307

If that happens then there is not much for me to do I would wait a bit and see if the price would come back up.
If the price would not come back up then I have no other choice but to quit Bitcoin.

Yeah but I dont' think that bitcoin can fall that lower in future, even if it falls it cannot go below $500 in near future but if it simply disappears then it will disappoint all its users.

I believe it will not drop that far too. Unless someone found a way to hack the blockchain, which right now is quite impossible to do, the price and our trust to bitcoin will remain high. As long as there are groups of people trusting the bitcoin system, it will not fall to the bottom.
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September 09, 2016, 05:57:36 AM
 #308

If bitcoin come back to price in 2010, i don't leave it.
Maybe i'll give a small investment like $50 or $100 to buy it.
Who knows if the price bouncing.

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September 09, 2016, 08:18:38 AM
 #309

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley
I will buy bitcoin as much as I can buy. I am realy sure that bitcoin will be so much popular, the price will always rise day by day. Bitcoin will be the part of intrrnational currency. Then when the time comes i should be a new rich man.


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September 09, 2016, 08:33:27 AM
 #310

Sometimes i think this might be good thing for my health, i could go with sport instead watching tradings 24/7. Cool

Lol, the enemy of your health is not the price of bitcoin but it is your greed of earning as more money as possible that does not let you go towards sports and stick with trading 24/7, you should just maintain your time table for that and don't curse bitcoin for making you unhealthy.
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September 09, 2016, 09:08:54 AM
 #311

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley
I will buy bitcoin as much as I can buy. I am realy sure that bitcoin will be so much popular, the price will always rise day by day. Bitcoin will be the part of intrrnational currency. Then when the time comes i should be a new rich man.

Well this is also my plan that I am going to buy a lot of bitcoins and it is going to be my investment if this is going to happen. But I hope if the price falls there is still going to be pump after it. And we all know that after a dump happened for sure there is going to be another pump after it. So buying when this happens is good.

 
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September 09, 2016, 09:17:29 AM
 #312

I would do the same what every experienced and wise bitcoin user will do.Buy a lot of bitcoins at that time,as much as i can because i know that even its price will come down to bottom it will gonna go up again and prettty quickly.At that time demand for buying bitcoins will increase alot and obviously the price will start to increase again,so it would be an easy profit situation.
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September 09, 2016, 09:43:22 AM
 #313

If bitcoin price would fall to the bottom then I would purchase more and then when it goes up again then i would sell them like any other person.
Last few days they actually went up again and again so i dont think they will be going down anytime soon.
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September 09, 2016, 10:00:29 AM
Last edit: September 09, 2016, 11:27:32 AM by ObscureBean
 #314

Personally, if Bitcoin dropped to like a few dollars, I'd buy $100 - $200 worth and seal it away in a paper wallet. If the price of Bitcoin dropped that low, it would mean something pretty serious happened and the chances of Bitcoin fully recovering would be low. I would just forget about my stash and Bitcoin and move on to do other things.
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September 09, 2016, 10:01:20 AM
 #315

If bitcoin price would fall to the bottom then I would purchase more and then when it goes up again then i would sell them like any other person.
Last few days they actually went up again and again so i dont think they will be going down anytime soon.

Yeah we may see price rise in coming days too so I don't think there is any scope for price fall, but in future if price goes to bottom level then I will  prefer to accumulate some more coins.

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September 09, 2016, 12:08:01 PM
 #316

If bitcoin falls to the bottom then im unlucky cause i have alot invested so i would wait a little bit and if the price goes back up then i continue where i left off and if not then i just keep it in my wallet until it actually goes up or until it dies out and then i just cut my losses and move on.

Well that is the right thing to do, even if price falls you should not get panic and hold it till it does not allow you to make profits and price goes lower then you can buy some more coins if you have enough capital.
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September 09, 2016, 02:17:16 PM
 #317

I'll buy as much as i can. I suppose btc will rise again coz guys like me will try to buy it on low )
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September 09, 2016, 02:23:26 PM
 #318

I'll buy as much as i can. I suppose btc will rise again coz guys like me will try to buy it on low )

You are right about that, I also would do this, if the bitcoin falls on a time I will buy without any doubts because I pretty sure the bitcoin will after the fall come back up like it did almost every time.
I really trust in the bitcoin and I will support it even if it goes down.
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September 09, 2016, 02:29:47 PM
 #319

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

If ever that happen I would rather to shift in another altcoins were I can continue to grow my coins but still I will continue to buy bitcoin if the price is down to the lowest amount.

yeah i would also buy some bitcoin if they go to all time lowest but not sure if i would shift focus to other coins cause they will repeat history. If bitcoin doenst work then the concept of cryptocurrency will be very hard to execute succesfully. especially because the reputation will be ruined.
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September 09, 2016, 02:33:43 PM
 #320

I wonder if you would jump into another cryptocurrency in case the Bitcoin price would fall to the bottom. Or what else would you do? Would you leave the game completely? Tell me Smiley

If ever that happen I would rather to shift in another altcoins were I can continue to grow my coins but still I will continue to buy bitcoin if the price is down to the lowest amount.

yeah i would also buy some bitcoin if they go to all time lowest but not sure if i would shift focus to other coins cause they will repeat history. If bitcoin doenst work then the concept of cryptocurrency will be very hard to execute succesfully. especially because the reputation will be ruined.

If price goes to bottom then people who are true believer of bitcoin will buy bitcoins in bulk which will again boost the price and regain its position again in future.
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