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Author Topic: What would you do if Bitcoin price crashes?  (Read 3526 times)
RickJamesBTC
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May 22, 2017, 01:43:33 AM
 #101

Lets not forget. If the bitcoin price starts to crash this time, the first people out will be the only ones who get the $$. Where do you think cash flow will come from if the network breaks as people try to stuff cold coins into exchanges to cash out? There aren't enough dumb billionaires out there to buy it up for failed projects. How far do you think the price could crash before the exchanges stop letting people cash out? Problems of an unregulated system...
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lienfaye
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May 23, 2017, 11:45:02 AM
 #102

What would you do if Bitcoin price crashes? Below $200, would you hold on to the Bitcoins you are having..or sell them?
I will hold it until the price increase again there is no point selling it if the value drop to that price. since we are an investor and a risk taker as well waiting for the right time is the best that we can do. indeed the price of bitcoin is unpredictable however i dont think it will crash down to $200 soon.

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May 23, 2017, 01:21:14 PM
 #103

This is like the impossible for me. See the current bitcoin development of course price 200USD is an impossible thing. If you see the track then bitcoin price should be increased and stable. If there really is a decline there must be a very big thing, when the bitcoin price falls then the world's economy will be destroyed.
RickJamesBTC
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May 23, 2017, 01:32:09 PM
 #104

Wait. So in your obviously extremely limited understanding of economics you believe that the only way bitcoin price could crash is the end of the worlds financial systems, or that bitcoin crashing would cause that disaster? Bitcoin, the total value of all of it, is not relevant at all. It could disappear and make the news for a day, then be forgotten.
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