If BTC drops below $1000

[madmax.io]

impossible

[trudovik]

If bitcoin cost $ 1000, I would probably have sold most of my things and put money into bitcoin, because I think that in the near future it will cost about $ 100,000 for 1BTC. That's exactly what I did. Do not even doubt it.

[DanWalker]

If it really drops below $1000 I'd buy without any hesitation. The amoun of BTC is very low, but the community constantly grows, big money comes to crypto. I don't think it could happen.

[Viseryn]

I don't think it'll happen.But if it drops we would get another chance to buy BTC cheap.I'm really happy if it happens

[CryptoThrasher]

BTC drops below $1000 threshold? I would buy buy buy as much as possible. Then, buy buy buy more! I don't ever see BTC getting that low. Unless, all governments ban it. Then maybe for a short time it could drop big under $1000. Who knows?

[Tuesto]

If bitcoin drops below 1000 USD, i think nothing else gonna matter After that you can buy AMD or pentium MMX there would be no difference for blockchain.

[goodrus69]

No one will let bitcoin fall so. If it falls to such a figure, it will mean the collapse of the whole industry. Many believe in him and this belief will raise him to the heights.

[selenophile]

I crunched some numbers on the profit of GTX 1070, 1070ti and 1080 average hash rate at a price of $0.093 watt.

At each graphics cards average hash rate given the possibility of BTC dropping to $1000, the GTX 1080 and 1080ti are the only cards that will turn a profit at .093 cents per watt. They will return about $0.11 profit after the cost $0.29 to run.

A GTX 1080 cost $550+ that doesnt include the other hardware needed to run the GPU. That means it will take over 5000 days to get your ROI, return on investment.

TLDR: My hypothesis based on this observation is, if BTC drops below $1000 threshold Alt coin mining will become nothing more than a hobby and most Alt coin markets will die. Leaving mostly Proof of Stake Alt coins. These are interesting times.

i don't think we will ever see btc at $1,000 again. theres a lot of publicity lately, more people and investors are investing on cryptocurrency now.

[carrymentality]

I would go with the above person's word. I know the potential of bitcoin. It will bump back with the other people investment therefore i will buy the bitcoins as much I have saved in other cryptos and fiat cash.
Like you people fear about the dump may sell it as soon as possible and deal when the time value recovered in the marketplace.
Other than that, I am 1000 percent sure that will never happen at all. You will find bitcoin on 25k USD in next 3 to 6 months.

I agree. Also, having to go down that low would be quite impossible unless there would be wide market actions leading to bitcoin's total downfall like countries banning the use of bitcoin, people actually not buying, holding, trading or investing in bitcoin anymore, companies not accepting bitcoin as a currency, which is quite frankly, too impossible to happen at this point. I think many are still underestimating the capabilities of bitcoin. It has shown so many strengths before and I don't understand why a little drop like this would always be associated to its death.

[sarojan9980]

BTC will never fall to 1000$. there is more demand for BTC in cryptoworld. BTC will never fall below 6000$. it is impossible.

[bosede1]

Should BTC drops below $1000, then I will gladly invest little and wait for the price to be higher because one invest when price drops and sell when price is much higher.

[yesboiasni]

Bitcoin will never drop under 1000$.
Bitcoin is at 11.000$ now , maybe it will go to 13.000$ but it will stay there for a long time.

[Jansaa]

if btc drops below that price i will buy 1000 bitcoin and hold it for a long time \

  but is there possible ? i don't think so

I haven't more money! But I can buy. 10 BTC to hold!
At this times! I don't care about BTC price!

[Anita1873]

I think it is impossible and it will be never happen. But even if that happens then i will buy it and hold for future, because I am sure it will be rebound again and give huge profit to me.

[HariiPKB]

This is crazy idea because bitcoin could not drop more than 9000$. Many big investors will keep bitcoin price high, if they not do so, the total market will crash and they have to change their job.

[paragon07]

if bitcoin price drop below $1000 i will hold it, but the price will never been drop to $1000. price are not stable but i think after few months price will be recover.

[kipozer]

Of course, we all know that BTC can not fall to this cost, because there are so many who want to buy this coin even for the same 9k $, so I think this will never happen, for one simple reason, people believe in Bitcoin. We have already done a lot for this

[Ric8]

If BTC drops below $1000, i will buy more .
I don think BTC will drops below $1000, can't imagine if one day BTC below $1000. and impossible ....

[IgorShumilo]

Dear friends, in the crypto world everything can happen, but so far no bad news is that bitcoin fell below $ 1000. The fact that bitcoin fell below $ 10,000 would naturally occur and I believe there will be lateral movement in the region of 10,500-12,000, about a couple of months, until people from their fyusches get what they bought for 18,000 bucks in December 2017 year, well, and then it will only go up and I think by the summer we will see again 20-25 thousand dollars. But this is just my opinion and I will be happy if you argue with me!