Far from possible but let's just say

[7deadlyBTCIN]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

[poodle63]

The odd of that to happen is really small but If that truly happens then i'm gonna buy it like thousand of btc, I mean there's always a chance of BTC recovering up
and most of people actually thinking when bitcoin under $20K it's already undervalued and I'm sure there are hundred thousands of people out there willing to buy
btc at that price. Not to mention the fact that BTC already widely accepted as currency for payment in internet more specifically digitial goods means there's nothing wrong
in holding it even if the price not going back up again.

[coin-investor]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

Nothing is impossible in this world, who would have thought that Bitcoin will command a 6 digits price ten years after it was created, if ever Bitcoin reach that price for whatever reason, I will buy at least $100 the amount that I am comfortable in buying, as long as Bitcoin blockchain is working and we can still transact, who knows it will resurrect again, I have to wake up for this dream too, only the absent of the internet can that happen or disruption of the chain.

[7deadlyBTCIN]

Truth be told I'm honestly hoping for a mighty market crash like 2020 but not with the help of a new covid 19 this time around, hoping for something that won't take the lives of many people

[isaac_clarke22]

~

That would depend actually, but for it reaching $1 is quite impossible.
If you're imagining this situation, first of course the panic will happen, but for some hodlers they'll just buy more of course.
I wouldn't mind of that as it is more of opportunity. I wouldn't just commit all my assets to it for obvious reasons.
Imagine all of your assets became worth <$1.

[GreatArkansas]

I saw a video on youtube before that there is live trading being recorded and the exchange was still Mt. Gox before, and the price went to $0 in some seconds I think, or around a minute. But it went back again above $1 after some seconds, so if ever it will happen again, I will buy more, it already happened before which before was still very early of Bitcoin and there was only 1 popular exchange which is Mt. Gox.

P.S. I can't find the video on youtube.

[southerngentuk]

I don't want to be abnormal with silly thoughts, what makes OP think BTC can drop to $1.
We should be honest and see things, this market is now on a different level and it is difficult to destroy it. And more than that, people still accept and apply the benefits it brings to life every day.

[TravelMug]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

How can you exit when the price is down to $1.00? It means you have lost everything that you have saved for the last years or so. And if you think that BTC can bounce back again, then the best thing to do is buy more.

But if you think that it will be dead forever, then you have the important decision to take that huge loss and go take your money to other investments platform.

However, I don't think that bitcoin will go simply to $1.00, to be honest. Unless the internet is dead or if we are somewhat in a war or something wherein there is a devastation.

[Frengki_cisco]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

I will definitely buy-1000 Btc, if the price is $1 when I'm dreaming-don't be afraid to buy-except-the thing I'm most afraid of when I wake up is the internet is gone-the lights are off-that's what I'm afraid of-Bitcoin $1 who's afraid.

[husdemba]

First of all, I admire your imagination. This is an impossible thing, but I would be very surprised if it happens. I think I'll invest at least $100. Then I watch the market and even if $100 is lost, I won't be devastated. I think there will be very exciting moments, I am in cash right now and I would like to experience it 

[trauchot]

This will no longer happen, since too many large players are constantly investing in bitcoin when the bitcoin price was even 60k$ and therefore large players will not allow such scenario in which bitcoin will drop to 1$, and so of course it would be interesting to see what would happen to bitcoin and the cryptocurrency market if the price of bitcoin would fall to 1$, but unfortunately or fortunately we will never see this, so we can only dream about such scenario.

[gurunanakji777]

We can only assume such bitcoin value only in dreams if it happens I will definitely buy as much as I can but I know that day will not come because we have a lot of crypto enthusiasts who have trust in Bitcoin. Many crypto pundits many time speaks negatively about the crypto market still people are doing and buying it because they trust cryptos So I won't quit crypto in any condition.

[noorman0]

So bitcoin to $1? I'd consider it dead too, but...
If people are buying shitcoins recently for undervalued just hoping their luck will hit at least $1, why not buy up btc that ever hit $60k for $1.

Bitcoin has given me thousands of dollars, it never hurts to spare let's say $100 to be returned to bitcoin as a last tribute, digital collectible or keepsake.

[smyslov]

If the chain is still working I'll buy as much as I can at least I can say that I bought Bitcoin at $1 and who knows miracle happen and Bitcoin started to move up again, but if we are in a present condition I don\t know what will make Bitcoin to go down to $1, even if they lose the number one position, they will not go down to $1.

[Inspiron14]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

you say that BTC will go to $1 when I wake up?, and of course I will sleep again,
because it was just a dream!, remember, the price of Bitcoin will never go down to $1,
unless the internet goes extinct!, and this world ends, no one will could make bitcoin go to $1!

[Fesatmas]

You have the right to say with a few illustrations which I think are still quite reasonable if in the future we wake up watching the price of Bitcoin $1. ah, I don't think for long that when it's a non-returning opportunity, everyone should hoard as much Bitcoin as he can to collect more and more. but isn't that bad?
Despite every possibility, there is always a reason that arises. so what made you make this illustration, can you name an example of the result of the Bitcoin price being $1?
when you say that for no simple reason.

[S3300]

I'm willing to risk a thousand dollars on BTC if the price goes down to 1$ because I'm sure the value will bounce back, we often see useless tokens raising due to little hypes and news online so yes its worth the risk but I can't think of anything that can drag BTC back to that price, it's 99% impossible.

[john_nautica]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realize that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

I cannot really imagine Bitcoin dying, but you got my attention at its being priced at $1. No questions asked, I will buy as much as I can. I am a solid believer that Bitcoin, crypto in general, will continue to be here now. Especially when I saw that even during the beginning of the outbreak of Covid-19 pandemic didn't stop its reign.

[jostorres]

Let's just say you woke up one morning and you noticed that something odd is up with BTC and you look closer only to realise that BTC is down to 1$ meaning it's dead to many, would you still decide to buy some or you will exit crypto space instantly

You know what? I have dreamed about such an occurrence more than once!

If ever BTC touches below $100, I will sell every asset I have, and I mean, everything! and will buy BTC for that. That said, whenever and if ever this happens, I will also check the reason why a drop like that happened in the first place.

The most probable reason would be that a technical fault was found in BTC and in that case, even I will hesitate to buy more. Given the kind of robustness we have seen in the mechanism though, I don't think this would ever happen.

If it happened because a massive hack happened or someone crashed the market or anything like that, I will stay true to my words and buy as many BTC as I possibly can.

[NewRanger]

I'm willing to risk a thousand dollars on BTC if the price goes down to 1$ because I'm sure the value will bounce back, we often see useless tokens raising due to little hypes and news online so yes its worth the risk but I can't think of anything that can drag BTC back to that price, it's 99% impossible.

thats really hard to realize if bitcoin price goes down to $1 only. Don't we ever see when bitcoin drop to $300? there are alot whales start buying buying as much as they can and for them this is the cheapest price they can get.  And now this $3k could worth of around $30k  , today based on chain analisys alot of long term buyer accumulate alot their bitcoin. So dont worry with your thousand investment in bitcoin , atleast 1 year you will got huge gains.