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Author Topic: what will you do if the bitcoin exchange rate is pennilished?  (Read 421 times)
Virgiawansss555 (OP)
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October 29, 2017, 12:11:56 PM
 #1

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?
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ir.yance
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October 29, 2017, 01:46:55 PM
 #2

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

If that's true then I do a good thing, can for the purposes and for a company's capital
Virgiawansss555 (OP)
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October 30, 2017, 02:09:43 AM
 #3

thank you for your positive response
kiwasmose
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October 30, 2017, 02:18:06 AM
 #4

I don't think it's necessary for individual users to worry about that. The best way to invest is to buy. Buy now. And store it up. Wait for the next position to sell high.
EpicFail
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October 30, 2017, 02:22:42 AM
 #5

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

What would I do if the bitcoin exchange rate is penalized? By the Bitcoin Central Authority?

1. I will cry.
2. I will go into a rage and sell all my bitcoins until I have no more to use and vice versa.

I hope you are satisfied with my answers.
lionheart89
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October 30, 2017, 02:49:04 AM
 #6

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?
yes right, in my opinion also bitcoin will continue to rise as more and more people have bitcoin.
i think the rising or falling price of bitcoin is common, but if it goes down to an unnatural limit then i will be very sad but i will hold the bitcoin until the price returns to normal or even profit.
Bukx
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October 30, 2017, 02:51:34 AM
 #7

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

Yes i will continue use bitcoin bitcoin. Goes down and up is normal since the volatile of crypto. So my choice is still use bitcoin.
rexter
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October 30, 2017, 03:29:01 AM
 #8

I will still use bitcoin even if it is penalized,i will keep my bitcoin even if the price back down i will wait until the price value back to normal and earn more profit.
Baimovic
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October 30, 2017, 03:33:01 AM
 #9

yes, I am a bitcoin user of course always predict and observe the fluctuation of bitcoin value, but I think there is nothing to worry about when the bitcoin exchange rate goes down, I will hold my wallet and wait for the ride back, because I am sure bitcoin value will continue to rise . and I will always use bitcoin.

imstillthebest
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October 30, 2017, 03:40:25 AM
 #10

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

you know its just normal for an exchange rate to increase because the value of that coin is also increasing , not just the exchange rate but also the transacion fees are also increasing  rapidly yet its not really a big deal because thats how it goes but if your not okay with it then i suggest switch on to some other coins with lower fees compared to bitcoins like dogecoin or litecoin in that way, you can save yourself on the higher fees.


Quote
1. What do you fear if the bitcoin exchange rate goes down?
theres nothing to fear with rather we should be happy and thankful if that happens


Quote
2. Do you continue to use bitcoins or vice versa?

yes as long as long as i can earn a profit to it.
tikaka
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October 30, 2017, 04:03:02 AM
 #11

I believe in bitcoin. If the bitcoin rate goes down, it will not sell all the bitcoins waiting until the bitcoin value returns. Decreased bitcoin value. I will buy bitcoin to hoard.

Terry05
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October 30, 2017, 04:18:04 AM
 #12

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

1. My inly fear is when the our goverment will do a strong step to fully shutdown bitcoin in our country but I think in this time,its not possible because our goverment is starting to recognize the use of bitcoin.

2. When the bitcoin exchanges goes down , i will be more happy ,because it is oppurtunity for me to buy in low price. I will still use it and buy some to hold it and sell when the price spikes again into  all time high.
CodyAlfaridzi
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October 30, 2017, 04:58:42 AM
 #13

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

I'm not really scared of Bitcoin price going down. I hold my Bitcoin for long-term investment, and small daily fluctuation will not matter much in the long term. Even when Bitcoin went down to $2900 from $4000 in September, I didn't sell any Bitcoin, and I'm glad I made that decision. Last night Bitcoin made another all-time high in $6300. I'm still not selling.

Even if the price goes down significantly, I would still hold it and use it as usual. There is no other payment system that could match Bitcoin performance. Moreover, Bitcoin is arguably the most widely accepted digital currency for online payment, besides Paypal. Almost all services that I use often also use Bitcoin as their main payment system. This situation is heading to even better future with the Amazon Bitcoin acceptance.

markleal
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October 30, 2017, 05:01:43 AM
 #14

1. What do you fear if the bitcoin exchange rate goes down?

 Smiley What I will fear is not knowing that the price is going down tremendously which reach to the point that my investment is much lower than the current value. I mean getting a negative profit will definitely hurt, but going deep more to that and fall hard will make someone cry.  Cry  

2. Do you continue to use bitcoins or vice versa?

 Smiley Maybe I will still use bitcoins in some online activities. However, when the value goes down at the very bottom, it could be hard for some people to cope with it especially when the value is way below the local money, and processing like converting and exchanging will still come with 7-10% fee. On the other hand, I hope this speculation won't come immediately so we can enjoy the era bitcoin. Wink
audaciousbeing
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October 30, 2017, 05:09:07 AM
 #15

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?

Issues like this have been discussed over and over again but for the sake of emphasis, anyone in bitcoin expecting price to always be on the increase is either living in ignorance or believe something else other than bitcoin. Price is erected to swing both ways yesterday, I saw price high as $6178 this morning dripped to $6151. Something must have happen and someone somewhere has panicked thereby sold.

In determining what to do in the case of falling price, the question is are you comfortable at that price. If I am comfortable, I will sell but if I am not, I will hold because its goes down, it will swings back up just like now that its up, expect it to also swing down.
nguynthgiabanh
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October 30, 2017, 05:09:44 AM
 #16

All virtual forex investors know that the first phase is always a big opportunity, of course, with risk. But the opportunity always comes to those who bravely invest and have a wide vision.
btc_angela
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October 30, 2017, 05:16:26 AM
 #17

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?

There's 2 things that you can do. (1) sell your bitcoin because you get frustrated and nervous and panicking to see that you are loosing your investments. (2) hold on your coin and hope that the price will pick up again because you believed that the dip is just normal and will be temporary.

2. Do you continue to use bitcoins or vice versa?

Of course I will continue to used bitcoin because it has given me a lot of opportunity and financial freedom. I'm not affected by the price movement of going down, because I already seen it a lot and bitcoin have already shown its resiliency and most people have already trusted and put faith in the ecosystem.

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h0lybyte
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October 30, 2017, 05:17:36 AM
 #18

I am not scared about the price fluctuation in bitcoin market, ups and downs are typically being happen regularly in cryptocurrency.
The only situation  that can turn me into fear is of our local government bans exchanges, this will be reslly a sad momemt for me.
I don't want this condition to occur like china locals faced before.
Pettuh4
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October 30, 2017, 05:36:30 AM
 #19

I am not scared about the price fluctuation in bitcoin market, ups and downs are typically being happen regularly in cryptocurrency.
The only situation  that can turn me into fear is of our local government bans exchanges, this will be reslly a sad momemt for me.
I don't want this condition to occur like china locals faced before.

Even when they ban the exchanges we can still set up a black market and meet in person to trade bitcoins and the local fiats without them finding out. After all exchanges of old existed on tables and not on electronic devices.
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October 31, 2017, 03:01:58 PM
 #20

The bitcoin exchange rate continues to increase and will surely continue to increase along with its reputation.
As a user how do you respond?
1. What do you fear if the bitcoin exchange rate goes down?
2. Do you continue to use bitcoins or vice versa?
Yeah the price of bitcoin is directly proportional to its reputation.
My answers to your question.
1. I do fear of losing my money but I will not cry.   Angry
2. No, I will sell all bitcoin and altcoins but I will not go unto rage or something.  Grin
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