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Author Topic: If Bitcoin were to fail tomorrow...  (Read 1138 times)
BitcoinBarrel (OP)
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January 05, 2017, 08:35:55 AM
 #1

And crash to $0:

A. How would you feel and
B. What would you do?



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January 05, 2017, 08:39:57 AM
 #2

Its all based on supply and demand and I don't see how It could fall to 0$ just like that but If you mean , It will be cheap as hell then I will put my feelings aside and I will start buying , I feel like I don't have enough BTC to make a lot of profit at the moement.
But to be realistic a little bit , I doubt this is a scenario that could happen ,It could've happened a few years back when no one knew about bitcoin but now ? very unlikely.

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January 05, 2017, 08:42:14 AM
 #3

And crash to $0:

A. How would you feel and

Incredibly confused as it would mean that no one was willing to buy bitcoin, which strikes me as atronomically unlikely to happen within 24 hours.

B. What would you do?

Probably the same I do now.

Im not really here, its just your imagination.
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January 05, 2017, 08:46:54 AM
 #4

And crash to $0:

A. How would you feel and
B. What would you do?

Laugh and talk to others that how fool we were and how we didn't sell them when the price was $1k, but this is not realistic nor near to it, but I wouldn't sell my coins when they become worthless nor giving away them because my hope that bitcoin price will become again to $1k won't die.
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January 05, 2017, 08:49:16 AM
 #5

There is already a similar topic, I don't see how this adds anything useful to the forum.

Read this:
https://bitcointalk.org/index.php?topic=1649348.0 (sticky: Low quality topics do not belong here.)

The third example of a low quality topic is almost the same as this topic:
https://bitcointalk.org/index.php?topic=1438622.0 (If bitcoin dropped to $1, what you do?)

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January 05, 2017, 08:54:35 AM
 #6

And crash to $0:

A. How would you feel and
B. What would you do?

First of my minds will go like crazy because now it is 1000$ and tomorrow it will be "0" means most of the people will go into comma.But coming to myself i don't feel anything outside because bitcoin will bounce back again it is completely different technology. I convince myself not to feel for any thing and again i will starting buying bitcoin when it crashes to "0".


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January 05, 2017, 09:52:14 AM
 #7

And crash to $0:

A. How would you feel and
B. What would you do?
the important thing was not going to happen tomorrow. before bitcoin death will certainly occur a price drop gradually, there must be an opportunity to sell your bitcoin dude Cheesy
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January 05, 2017, 09:55:21 AM
 #8

I dont think that there would be sudden crash to 0 dollars .even if it would happen it would take a long drop gradually and by that time we would sell all our bitcoins .
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January 05, 2017, 09:56:21 AM
 #9

Its a worst case scenario and probably its the end of civilization if that happens and even fiat will have no value and it will come to time that people will come back to barter trading using good as currency


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January 05, 2017, 10:02:27 AM
 #10

I do not think it will be such a thing, but even if it is not, it is indispensable to me. There is a case of supply and demand in the end. As a result, there was no one who knew bitcoin, but now I can say that this is a very rare possibility on a fast rise.

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January 05, 2017, 10:08:27 AM
 #11

And crash to $0:

A. How would you feel and
B. What would you do?

1st off it will never go to zero, there will always be coin collectors and i just dont see why it would end up being worthless, the program is solid and 8 years have proved it works, so its hard to answer the questions because i just think it will never happen.   Undecided

Edit:  one reason why i know it will never go to zero is because i will always be buying  Wink  even at 1 cent.
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January 05, 2017, 10:33:18 AM
 #12

Bitcoin is like gold, do not thing he will fail.
Many big companies starting using bitcoin each day.

A) will feel really bad with many pressures.
B) will wait until it will come back to +1k$

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January 05, 2017, 10:47:23 AM
 #13

Something like this is not possible it can't crash to 0 ,just over knight.
But in theory if this happens I would be devastated, probably every Bitcoin user would be, but the experience teaches us what comes down must come up again so I would accept this only as a temporary situation and don't give up the Bitcoin because I know the situation will change in Bitcoins favour again.

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January 05, 2017, 11:08:27 AM
 #14

This happening so soon would be impossible in my opinion, since the demand now is high and it's price is high too. Also there are many buy walls that can sustain bitcoin so it falling to 0$ tomorrow is impossible. If it will happen though, I will feel sad and at the same time, I will buy at least a hundred bitcoin at $0.001 each hoping it will ramp up again in price and will be alive again, back from the bottom.
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January 05, 2017, 11:10:16 AM
 #15

And crash to $0:

A. How would you feel and
B. What would you do?

I'd be safe. I cashed out 80% of my bitcoins as I am expecting a crash or correction of the price. The sky rocking of bitcoins seems suspicious to me and that probably this is a bubble that may burst in the near future. Well, if not then I still have the last 20% to sell in the future. If it does crash to $0, then I'd feel bad for this technology. Bitcoins are really promising.
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January 05, 2017, 11:55:32 AM
 #16

Of course I will feel sad at first, but later on, surely I'll move on, I won't panic since I don't have big amount in my wallet.

What will I do? well, nothing, I'll be back to my normal life, no more late night extra jobs if I want to earn more bitcoin, probably would try alt coin but won't focus on it that much, and probably read this reply in this thread ( if this forum will also be alive ) while listening to "bluer than blue".  Cheesy.

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January 05, 2017, 12:15:14 PM
 #17

And crash to $0:

A. How would you feel and
B. What would you do?

I'd be safe. I cashed out 80% of my bitcoins as I am expecting a crash or correction of the price. The sky rocking of bitcoins seems suspicious to me and that probably this is a bubble that may burst in the near future. Well, if not then I still have the last 20% to sell in the future. If it does crash to $0, then I'd feel bad for this technology. Bitcoins are really promising.

Agree! It will be bad! Bad for technology and disappointed for what happen i agree bitcoin is very promising then its just drop with that easy! Well very disappointed but as of now if really that will happen its okay because i already cashout my 70% of bitcoin to exchange it to our own fiat.
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January 05, 2017, 06:55:54 PM
 #18

Of course I will feel sad at first, but later on, surely I'll move on, I won't panic since I don't have big amount in my wallet.

What will I do? well, nothing, I'll be back to my normal life, no more late night extra jobs if I want to earn more bitcoin, probably would try alt coin but won't focus on it that much, and probably read this reply in this thread ( if this forum will also be alive ) while listening to "bluer than blue".  Cheesy.
Same here. I don't have a big amount of Bitcoin in my wallet but would like to have some. If suddenly it becomes cheap, I wouldn't regret buying some so I could earn profit if it gets back up to the high price.

I necessarily want to always use bitcoins, but the environment limits myself from doing that. Other people need to apply it more.

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January 05, 2017, 07:13:49 PM
 #19

I hope it will not crash  Grin But if ever it happens maybe i will regret why I didn't cash out while bitcoins is more pricey. What I'm gonna do is wait until bitcoins will pump again maybe there's a chance bitcoins will become pricey no one can predict.

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January 05, 2017, 07:41:57 PM
 #20

And crash to $0:

A. How would you feel and
B. What would you do?

It has actually depreciated by a hundred dollars to $966 now which is scary but I would rather seize the opportunity to buy more bitcoins when it depreciates further to $0.
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