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Author Topic: If Bitcoin price would fall to the bottom, what would you do next?  (Read 15742 times)
socks435
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June 11, 2016, 04:09:19 PM
 #21

If it will happen maybe more investors will be lose in this case i think better tobuy some ethereum maybe they will convert into ethereum.. i don't beleive in ethereum but just incase if it will happen..

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June 11, 2016, 04:10:58 PM
 #22

Can you explain in detail falls down on the price range? bitcoin already suffered several falls lower. I've done as usual and I usually prefer to buy.

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June 11, 2016, 04:13:22 PM
 #23

I will use that opportunity to buy myself a huge load of more Bitcoins.

I will not jump into other currencies as I support Bitcoin till the end as there are only two outcomes possible.

1- Bitcoin will reach very high levels. 2- Bitcoin will end up being worthless.

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June 11, 2016, 04:15:25 PM
 #24

You also have to realize one major fact. Bitcoin is like the benchmark for ALL existing cryptocurrencies, a prime example of digital money of new era.
Any scenario when bitcoin will fall is totally unfavorable to EVERY other cryptocurrency. It will shake people trust for whole crypto market.

Because if the king has fallen then XX altcoin is even most likely to fall as well.


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June 11, 2016, 04:19:51 PM
 #25

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
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.

you can't just make up a scenario for yourself out of nowhere! this kind of topics aren't really contributing to anything at all, it is just a troll thing to do when you say if .... happens what will you do!

for example why would price fall down to $40?
do you even realize how much of market cap are you talking about?

Buying the dip...
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June 11, 2016, 04:27:15 PM
 #26

As people mostly will abondon bitcoin once it reach bottom since it become unworth anymore to be an investment option
If this happen now, I think I will lost my half soul since I've invest bitcoin for my future need

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June 11, 2016, 04:32:13 PM
 #27

If it will happen maybe more investors will be lose in this case i think better tobuy some ethereum maybe they will convert into ethereum.. i don't beleive in ethereum but just incase if it will happen..

Yes if they sell their bitcoin in low price but if they hold it and wait it again to rise.they didnt lose their bitcoin. Thats good idea but it is like bitcoin but bitcoin is the best than ethereum. If the bitcoin price will fall on the bottom many of traders will gained more bitcoin at lowa price they can earn more in the nest price rise so it is good to bitcoin to fall  down many will gained profit on it.
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June 11, 2016, 04:44:23 PM
 #28

If Bitcoin price will fall down like $10 then I will probably buy some. I will see that as some opportunity to have good profit later when price will grow again and last, but not least to support Bitcoin.
Bitcoin price is important but most important is if Bitcoin will exist and will be used.
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June 11, 2016, 04:58:29 PM
 #29

I'll stop trading my Bitcoins with altcoins and also I'll try to buy few Bitcoin and hold it for the price increase. And even if Bitcoin rate is stable at that low price, I'll not get much loss.
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June 11, 2016, 05:00:17 PM
 #30

When the bitcoin price starts to fall, I will buy Etheruem using the bitcoin. When it drops to $10, I will buy it again.
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June 11, 2016, 05:49:13 PM
 #31

When the bitcoin price starts to fall, I will buy Etheruem using the bitcoin. When it drops to $10, I will buy it again.

I love Ethereum, I advise you to buy some now too Smiley
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June 11, 2016, 05:53:11 PM
 #32

I will never get out of bitcoin completely i may sell when price start to fall un naturally to get some fiat and buy whatever bitcoin i can buy at the bottom price with that fiat.

 
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June 11, 2016, 05:59:02 PM
 #33

I would hold all my coins and not sell any. I don't want it to happen ever and so many users here (including me) have invested their time, money and effort using this currency and it's not only the price that would affect their financial status but we all are quite attached to this currency. I know that it may fall if something major happens but hopefully it never happens.

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June 11, 2016, 06:00:32 PM
 #34

i would just top up my bitcoins and wait patiently, after some time i would make huge profit

 
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June 11, 2016, 06:33:40 PM
 #35

Well I'm actually mildly confused of what you meant by bitcoin price falling to the "bottom" because I do not exactly know what value that is, but let's assume that bitcoin does indeed fall dramatically.
I would not actually try to shift-out and use a different coin just yet, in fact, I may actually see that as an opportunity to buy bitcoins at really cheap price.
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June 11, 2016, 07:05:03 PM
 #36

If the Bitcoin price falls down to double digits I would probably stop hoarding Bitcoin as a store of value. I don't know what will happen to the other alt coins but I think their value is tied to Bitcoin somehow so maybe they will be affected in a negative way as well. But I hope the online retailers will continue to accept Bitcoin as a method of payment as I would be using the crypto coin as a digital currency exclusively. But if Bitcoin support is dropped by the retailers I would just exit the crypto coins scene for good.
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June 11, 2016, 07:18:31 PM
 #37

I will use that opportunity to buy myself a huge load of more Bitcoins.

I will not jump into other currencies as I support Bitcoin till the end as there are only two outcomes possible.

1- Bitcoin will reach very high levels. 2- Bitcoin will end up being worthless.
Every true bitcoin user would support bitcoins even in its bad days. When we can see a rise from 2013 till today, we need to support it even if it drops again. It will never reach $1 but it could possibly reach $100 if it is banned in more countries.
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June 11, 2016, 07:26:21 PM
 #38

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

the bitcoin price will fall to bottom only if people jump to another cryptocurrency or if they leave the game completely, so don't think about these cases bitcoin will be No.1 forever
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June 11, 2016, 08:09:34 PM
 #39

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

the bitcoin price will fall to bottom only if people jump to another cryptocurrency or if they leave the game completely, so don't think about these cases bitcoin will be No.1 forever
well yeah it most probably will be number one currency in the world though there might be better cryptos creating so that means theres a threat for bitcoin that it might get replaced

if bitcoin would fall to the bottom i would just buy even more bitcoins then because i think that the price would go significantly up after that big drop though i doubt there will be a drop
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June 11, 2016, 10:04:42 PM
 #40

I can't understant how much is bottom, if it's $1 i think that is really problem Grin if it's around 300-400$ i think i will countiniue using bitcoin anyway.

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