Frost (OP)
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June 11, 2016, 12:42:25 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif)
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Kalisxar
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June 11, 2016, 12:44:53 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) probably yes (as far I am newbie on this world). but just because a new coins will replace btc: a 2.0 version of the coin ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Adesaires
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June 11, 2016, 12:47:14 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) if i'm not have much coins i think i will continue and maybe start again , but who know what will happen to big holder , because lose too much will be make some effect in mentally
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X-ray
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June 11, 2016, 12:56:24 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) i would prefer let my bitcoins in my wallet rather than getting any pennies as exchange to my bitcoin,and waiting for another big price rising few pennies can't fulfill my needs i think
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marcuslong
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June 11, 2016, 02:20:37 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) If thats the case i would buy many bitcoin as i can because all bitcoin user here thinks that bitcoin wil rise again because it is normal to down in that price so many will buy and hoping that they gained more profit here. Thats the right time to buy bitcoin and thats the time of earning mre in bitcoin
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hasiramasenju
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June 11, 2016, 02:42:38 PM |
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actually i have no idea for facing these situations but if this is come true i think i would still for bitcoin and would buy it as much as I can and i think i would save my bitcoin into cold storage till hoping that someday the prices will rise up again
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Yakamoto
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June 11, 2016, 02:48:53 PM |
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As I've said with every other thread about this, it all depends on how the market was looking. If it is sitting low because everyone has basically just bailed and the community is dead, then I'll be selling and backing out for a long time. If the value just collapsed for one reason or another, I might buy $20 worth of Bitcoin, but I'd disregard most of what would happen from that point. If it was at the bottom because of a few sell orders, I'd buy them and then sell them immediately after for some easy money.
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jtipt
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June 11, 2016, 02:56:16 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) I don't know, it would really depend, if any other crypto becomes as much popular as bitcoin is right now then yes I would probably consider investing in it but if no other crypto becomes mainstream then I probably won't invest in of the existing crypto and rather wait for some new crypto to grow.
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Snorek
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June 11, 2016, 03:01:51 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) What bottom are you talking about? You mean situation when BTC price will reach $1 or situation where we will see decline of price back to $300 or something? As for total bottom I don't think it will ever happen so we don't need to worry. Crash like that would require gathering of massive anti bitcoin forces, like banks, governments and companies all working together to destroy BTC.
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coin_gambler
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June 11, 2016, 03:03:12 PM |
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i would definitely just buy even more bitcoins and wait for an increase to recover from all the losses
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Cryptonitex
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June 11, 2016, 03:41:18 PM |
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I would buy a lot of BitCoin, because I believe strongly that it will go up to hundreds of $$ again.
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RoommateAgreement
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June 11, 2016, 03:47:47 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) you have to first clarify what you mean by falling into a bottom and also what would be the reason for this fall? depending on these two i can give a variety of answers. but one thing is for sure, i will never look elsewhere to fill the place of bitcoin.
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Buying the dip...
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Pitchblackroom
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June 11, 2016, 03:49:15 PM |
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If Bitcoin had another catastrophic collapse, then substitutes like Ethereum would be considered much more heavily.
Also it would hurt Cryptocurrency in general as people would not want to invest in them since they collapse easily.
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The Sceptical Chymist
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June 11, 2016, 03:56:59 PM |
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There would have to be a catastrophy to make bitcoin bottom out, in which case the same would happen to the shitcoins too. In fact they'd get hit first I would think. I don't own a lot of bitcoins, so I'd be OK. I would probably start gambling at prime dice or some such casino if they still existed.
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daniobg
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June 11, 2016, 03:58:14 PM |
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I will probably buy some cheap BTC - even if those coins don't rise again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Maybe one day I will tell stories about BTC to my grandchildren who knows ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well that will be only the first move - the next one will be to pick another promising alt coin and still be part of the journey ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Anyway I don't think such a scenario will occur to be honest...
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franky1
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June 11, 2016, 04:01:59 PM |
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even if th price tanked hundreds of thousands of retailers would still accept it. the only thing that would change is that bitpay would ask for 500btc for a $500 products instead of 1btc..
the price would regain. so basically id see it as a 99% discount day, id never sell at a loss but id definetly buy buy buy and then let the price drama subside.
there is too much industry involved in bitcoin. this would make any price drama be only temporary, so if you see a price dump. grab the cheap coins while you have the chance
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER. Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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gilangIDR
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June 11, 2016, 04:03:38 PM |
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if bitcoin is in the lower rates then I would buy bitcoin in significant amounts. I'm sure someday bitcoin prices will go up at a fantastic price. I'll take that risk.
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MicroGuy
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June 11, 2016, 04:05:11 PM Last edit: June 11, 2016, 04:24:34 PM by MicroGuy |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) I think instead of waiting for that to happen, it would be best to diversify into alternative currencies now. While Bitcoin is THE blue-chip among cryptocurrencies (for now), there are dozens of rising stars to be found on the pink sheets. Digital currency is the future - that is for certain. So spreading out your investment simply makes the most sense. ~~
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Daniel91
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June 11, 2016, 04:06:15 PM |
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Personally, I don't think that something like this will ever happen. If this really happen, well, life will not stop because of this. I will forget about this story and move on, try with some other virtual currencies.
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Frost (OP)
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June 11, 2016, 04:08:27 PM |
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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](https://bitcointalk.org/Smileys/default/smiley.gif) What bottom are you talking about? You mean situation when BTC price will reach $1 or situation where we will see decline of price back to $300 or something? As for total bottom I don't think it will ever happen so we don't need to worry. Crash like that would require gathering of massive anti bitcoin forces, like banks, governments and companies all working together to destroy BTC. A horror scenario like $40 or something... yeah.
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