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Question: Are you guys happy if bitcoin will dropped to $10k? Why?
YES - 24 (38.1%)
NO - 29 (46%)
I don't care. - 10 (15.9%)
Total Voters: 63

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Author Topic: Are you guys happy if bitcoin will dropped to $10k? Why?  (Read 1344 times)
2double0
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March 29, 2021, 08:59:22 PM
 #81

I am biased on this question as it could be:

Yes because we all will get the golden chance to buy back btc at those old low prices.
No because it will shake so many institutions' confidence that they will never touch btc back again. This looks more viable as an option to me.
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March 29, 2021, 09:02:53 PM
 #82

A move to 10k could be viewed like folding steel, the hammer blows and continued process to test fully the pricing in such extreme ways and yet still resolve upwards afterwards is ironically a form of strengthening that likely allows such seemingly impossible heights to Bitcoin like 100k estimated for many years but dismissed by most until recently.
   It can spike upto 100k tomorrow but we also know it would be weak once there and likely return again and possibly be damaged in that process.   A spike down to 10k would be extreme but is quite possibly accepted still as a good test in the way many things structurally must be overly tested.    Another note is not all prices are equal, a sharp move down to 10k and quick recovery is not as important as the headlines written might suggest.

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March 29, 2021, 09:57:54 PM
 #83

I would be upset that my bitcoin didn't have the same purchasing power as before but I would see it as a great opportunity to accumulate more BTC. Something catastrophic would have to happen for the price to go down that low so it is an unlikely scenario. I'm not really obsessed with the price so it would only be a minor inconvenience to me if it did happen.

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March 29, 2021, 10:23:48 PM
 #84

I chose yes because this is the time to fixed past mistakes but I think we never meet that price again, Bitcoin already strong, so many institutions invest in Bitcoin. For now, let's see the truth that bitcoin is already so high, it's time to find another jewel that has the potential to grow like Bitcoin.
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March 29, 2021, 10:59:28 PM
 #85

I chose yes because this is the time to fixed past mistakes but I think we never meet that price again, Bitcoin already strong, so many institutions invest in Bitcoin. For now, let's see the truth that bitcoin is already so high, it's time to find another jewel that has the potential to grow like Bitcoin.
The question is that are you sure that there would be some recovery after such price drop? Sounds easy for you to say that you would be buying that drop but when we are already on the situation then for sure there
would be some change of plans.  Grin

Questioning if i would be happy if times like that do happen? If i had sell off my coins on peak then i wont really be that much off affected but if not or simply had missed out
to cash out and lost all of my profits then that would be a disaster.

Buyback would really give you some hesitance.

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March 29, 2021, 11:27:15 PM
 #86


I don't mind the fall but I'm more concerned about what will be the reason for that price dropped.

If it will happen within a year slowly, then maybe it's fine and not an overnight dropped. Market-related fall, and not because whales are doing some unreasonable big dumps.

I also like that idea of bitcoin price dropping to $10,000, that's a great opportunity to all, but if that's all about big institutions pulling their crypto investment, then I'd rather not see it anymore. That dropped to $10,000 might become one of the reason why investors should not take part again on buying crypto.

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March 30, 2021, 10:44:40 AM
 #87

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.

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March 30, 2021, 11:54:10 AM
 #88

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.

There are good support coming from institutional investors who understand the emotion of those weak holders, whenever the price
fall there are investors who are willing to take it and hold.

It's a good venture when you get that chance buying Bitcoin at that level, though with the current value to fall down to $10K there's
a big reason why it will happen right? make sure to understand and make sure that you are willing to take the risk and patiently waits
for another good bounce back.

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March 30, 2021, 12:06:41 PM
 #89

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
if we come to know this coming then why Not be happy when the Price fell down that Low?

Imagine selling your Coins now and wait for that Drop point?

But the thing is this, "Are we Having any Chance to Know this comes"?

The answer is Simple , No this will happen without us noticing.



But I will be happy if this happen because i will surely add more from my Fiat funds as i have seen how far bitcoin can reach.

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March 30, 2021, 12:08:46 PM
 #90

Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.

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March 30, 2021, 03:26:31 PM
 #91

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
I missed the opportunity to buy bitcoin when it was around 3.5k. But at this time, I'm unable to buy huge amount of bitcoin because price is out of my hand. If price goes down 10k again, it will be a chance for me to store some bitcoin. Though 10k is really tough for bitcoin if we think current price of it.

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March 30, 2021, 04:28:35 PM
 #92

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Give me an honest answer, no spam please.
I think Bitcoin price will never dropped to $10k. Because when its price dropped at $40k or around that then so many people buy it and hold it. Again its price will increase. When something is not available then its price increase. Bitcoin will never available because it's demand gonna increase enormously. But somehow it gonna happening and price dropped to $10k then i will buy some Bitcoin and hold it for a long time.
The topic is not about do you think bitcoin will be 10k or not, it is about would you be happy if it did dropped to 10k. I know it may not make sense to people who hold bitcoin and bitcoin maximalists because it means that bitcoin will drop and that's not something you would be happy about if you are either of those things. However if you were out and you were afraid to get in and it went up too much before you could get in, you could be hoping for the price to go down so that you could buy and profit like everyone did today.

So there are some people out there, who hope for the price to be 10k, buy bitcoin, wait for it to be 50k+ and profit 5x like we did who bought at 10k or under. I know it will not happen, but those people would be happy if it happened. Of course it is not going to be question of will it happen because we know that is very unlikely nowadays.
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March 30, 2021, 09:24:56 PM
 #93

Since bitcoin is bullish, I'm thinking what if it will dump, so I would like to know the what people think here.

Are you guys happy if bitcoin will dropped to $10k? and Why?

Though i still don't have that much bitcoin but i would not it to drop to $10K.

I believed in the saying "The best time to buy bitcoin is when it is below $1 and the second best time to buy it is now".

So instead of wanting bitcoin to drop to $10K, buy now and hope it would reach $100K.
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March 30, 2021, 09:33:54 PM
 #94

Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.
^ That's right, it made me happy too and accumulate BTC from signature campaign earning. I remember before when BTC price is around $3k, it almost in the bottom price as they say. There is a good amount of BTC in all signature campaigns because that is based on the dollar, imagine before in my weekly campaign I received 0.01 BTC per week, but now it is only 0.001. Nevertheless, not all people will happy to see BTC price will drop and for sure those are had already BTC, they are holding it until now and hoping BTC price will reach $100k non this year.
But I doubt the BTC price will not down even below $30k.
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March 31, 2021, 01:48:11 PM
 #95

Honestly if that was to happen, I would be really happy because that means that we can get more bitcoin out of our money when we are buying and all signature campaigns are going to increase their pays to match the current price which can help for people who are trying to accumulate a lot of bitcoin so they can get more profit out of it and I am one of those people.
^ That's right, it made me happy too and accumulate BTC from signature campaign earning. I remember before when BTC price is around $3k, it almost in the bottom price as they say. There is a good amount of BTC in all signature campaigns because that is based on the dollar, imagine before in my weekly campaign I received 0.01 BTC per week, but now it is only 0.001. Nevertheless, not all people will happy to see BTC price will drop and for sure those are had already BTC, they are holding it until now and hoping BTC price will reach $100k non this year.
But I doubt the BTC price will not down even below $30k.
I don't see any difference with that because most of the campaigns now are USD base. No matter how high is Bitcoin but still just receives equivalent to what is stated on the pay rate.  

But the question is...
If we get back to the price of Bitcoin at $10k, are we gonna hold our Bitcoin coming from the campaign? Or we just still spend it? But the chances are...we still don't hold any and that saying I would buy more when it dumps again! Can't guarantee that it will happen.

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March 31, 2021, 05:29:17 PM
 #96

I don't think we will return to the 10k level. We are now in a bullish trend soon. We will see new highs over 60k!! This does not mean that I will be sad or happy if there is a major market crash. Quite frankly, Bitcoin's price action cannot affect my feelings.  Is someone still waiting for the 10k level?
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March 31, 2021, 07:57:57 PM
 #97

The $10k level may be possible because in the Bitcoin market anything can happen, but based on the fact that the price is for now at almost $60k and institutional investment continues to enter, it is very difficult to see the price fall.

Quote
The price had turned down from $59,789 today, but an encouraging sign is that the bulls purchased the dip and did not allow the BTC/USDT pair to re-enter the channel. The bulls will now make one more attempt to rise above the all-time high at $61,825.84.

Source: [url]https://cointelegraph.com/news/price-analysis-3-31-btc-eth-bnb-ada-dot-xrp-uni-theta-ltc-link[/url

When we see this type of analysis, the bullish option is stronger than bearish, for now I do not see a scenario that could fall to those levels.

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March 31, 2021, 08:06:57 PM
 #98

While I can never see it happening unless something extremely disastrous and ruinous happens to Bitcoin, it would be a dream to be able to buy at that sort of price. Unfortunately now so many institutions have woken up to it and even rich individuals like Elon musk are using huge fortunes to buy it up, they will simply not let go. Limited supply and heavy demand are causing an almost inexplicable surge in the price. It has been discovered by millionaires that they can easily transport large amounts of wealth across borders, outside of the traditional banking system and the watchful eyes of government regulators, which has been very difficult to do up until now. Back to the question though, if there was nothing broken and the price dropped that low again I would certainly be a buyer.

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March 31, 2021, 10:48:05 PM
 #99

Definitely i will be very much happy to see bitcoin price at that level again, [$10k] becasue that will definitely give more room for stashing more coins to myself. The dips are the best we could get from the world of cryptocurrency becasue with such opportunity you can buy your future in a glance, but i don't think this level price of bitcoin will be realize again because of the institutions looming into the world of cryptocurrency.

Despite of that reason, bitcoin is still volatile, highly volatile so I doubt it would not dropped $10k if the real panic begins. Usually its a long panic that would turn the market into bearish, for now, we have time to play with the price swings but once correction starts, it's our chance to accumulate.

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March 31, 2021, 10:52:22 PM
 #100

Definitely i will be very much happy to see bitcoin price at that level again, [$10k] becasue that will definitely give more room for stashing more coins to myself. The dips are the best we could get from the world of cryptocurrency becasue with such opportunity you can buy your future in a glance, but i don't think this level price of bitcoin will be realize again because of the institutions looming into the world of cryptocurrency.

Despite of that reason, bitcoin is still volatile, highly volatile so I doubt it would not dropped $10k if the real panic begins. Usually its a long panic that would turn the market into bearish, for now, we have time to play with the price swings but once correction starts, it's our chance to accumulate.
Nothing is impossible specially if fud and panic on the entire community does occur then it could really make a reason for the entire market to crash up that hard that we never anticipated for it to happen.

When the price dipped down to $10k then some would really be seeing this as an opportunity and some would see this as a the end of the entire market.So we do have different perceptions when
the time comes to this.

No one will surely be happy on this situation unless if you do make yourself out in the market on the right time.
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