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Author Topic: Bitcoin will drop to $1  (Read 2276 times)
g4c
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May 21, 2014, 05:25:39 PM
 #21

OP is correct, I have also heard rumours that bitcoin will soon have a divider applied, it's purely a language thing, one satoshi will still be the same, the new bitcoin will be 1 current millibitcoin.

The divider will make "coins" seem reasonably priced again.

Currently noobs and kids think "holy crap, i can't afford even one bitcoin, screw that!", but when they can get one for a dollar they'll do it.
The rumor is wrong.  There is some momentum on naming 100 satoshis = 0.000001 BTC = 1 microbitcoin = 1 uBTC = 1 bit = 1 XBT, but actually changing the value of a "bitcoin" or "BTC" is not in the cards.

It will not drop to $1 because I will buy them all at $1.01 each.

Chances of Bitcoin falling to $1 are slim to none, OP is befuddled if he thinks that is certain.

But having one unit be worth a few hundred bucks is off putting to new users.

1 bit (1µBTC) sounds good, it would give Bitcoin a $21 trillion market cap if we wanted to reach $1 per bit.

Admittedly that sounds way too high on first hearing, but it's perfectly achievable as current global household wealth is around $250 trillion.

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May 21, 2014, 05:28:38 PM
 #22

Looks like OP forgot to add a m in BTC  (mBTC) Cheesy

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May 21, 2014, 05:31:59 PM
 #23

Looks like OP forgot to add a m in BTC  (mBTC) Cheesy
Haha
Yes it can be happen! Cheesy
MoonRise
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May 21, 2014, 05:44:24 PM
 #24

I didn't like this statement at all, and I think this Is unrealistic statement. Bitcoin is going up and there is no way It will go back to $1 in any near future and If SOME HOW It will we will still benefit a lot In this time. I believe in BTC and I actually dreamed that It will go to $1347 in 9 months 4 days and 37 minutes from now.
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May 21, 2014, 06:00:32 PM
 #25

Quote
So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.

Hi Polycoin, good to see you again.. still hoping to buy cheap bitcoins i see  Cheesy 
Polycoin
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May 21, 2014, 06:21:48 PM
 #26

Please Polycoin tell me when it will drop to $1 so I can sell all my coins and all my personal belongings.

I believe in Polycoin!  Polycoin to the moon!!!




I don't have the exact timeframe, Lady Shazam left that out, but I assure within the next year this will come to pass. Yes, Polycoin to the moon!

Polycoin Troopers, Assemble!
drporschef
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May 21, 2014, 06:32:22 PM
 #27

Wait what the fuck, why would bitcoin drop to $1 lol.


acs267
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May 21, 2014, 06:33:08 PM
 #28

Polycoin's back? Wow. And with Lady Shazam and the rest of the gang this time. Pure awesomeness, hmm?
drporschef
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May 21, 2014, 06:35:01 PM
 #29

I never even heard of polycoin... why is there so many damn alt coins popping up? why!?

ChuckBuck
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May 21, 2014, 07:16:00 PM
 #30

I never even heard of polycoin... why is there so many damn alt coins popping up? why!?

Didn't you hear?  Because it's the best one and because Polycoin says so!   Cool

Polycoin is the future!


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Kiki112
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May 21, 2014, 07:46:01 PM
 #31

guess I'll buy around a 100 000BTC then Cheesy

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May 21, 2014, 07:46:18 PM
 #32

I didn't like this statement at all, and I think this Is unrealistic statement. Bitcoin is going up and there is no way It will go back to $1 in any near future and If SOME HOW It will we will still benefit a lot In this time. I believe in BTC and I actually dreamed that It will go to $1347 in 9 months 4 days and 37 minutes from now.
As good a prediction as any.  Just as good as any chart based guess...

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dougg
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May 21, 2014, 07:46:53 PM
 #33

I never even heard of polycoin... why is there so many damn alt coins popping up? why!?

Didn't you hear?  Because it's the best one and because Polycoin says so!   Cool

Polycoin is the future!




Seriously? polycoin? whats so great about polycoin?

nickenburg
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May 21, 2014, 07:51:10 PM
 #34

I think that the moment, you can buy a bitcoin for 1$ has died a long time ago.
Because people will buy Bitcoins if it drops under a certain price.
For some kids maybe its to expensive but someone that has work can easily afford it.
Its a good Investment, you can buy 1 or 2 bitcoins and bye the time your kids go to college,
You will have a nice fund.
ChuckBuck
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May 21, 2014, 08:01:57 PM
 #35

I never even heard of polycoin... why is there so many damn alt coins popping up? why!?

Didn't you hear?  Because it's the best one and because Polycoin says so!   Cool

Polycoin is the future!




Seriously? polycoin? whats so great about polycoin?

Don't be dissin' on polycoin!  Polycoin(OP), edjumucate this dude in this bad-ass cryptocurrency.   Angry

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'BTC MULTI-WALLET SOON'
▬▬▬▬ Download WHITEPAPER ▬▬▬▬

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GraniteCoin
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May 21, 2014, 08:19:12 PM
 #36

So, Bitcoin will drop to $1.

Why, is that you may ask?

Because it will.

Very Very bad guess.

twitter.com/GraniteCoin
onlyu
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May 21, 2014, 08:27:07 PM
 #37

In the grand scheme of things, it will happen eventually.

Remember, even the universe will end one day.
byt411
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May 21, 2014, 08:29:40 PM
 #38

I suggest everyone should give this retard a negative trust rating, he is nothing, except for a huge troll. Check his past posts. I, Tomatocage and others detected him a while ago, and we have already marked him red. I suggest you all do the same.
dougg
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May 21, 2014, 08:30:03 PM
 #39

In the grand scheme of things, it will happen eventually.

Remember, even the universe will end one day.

No it wont. And if it does we wont live around to see it.

bitsmichel
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May 21, 2014, 09:56:29 PM
 #40

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Remember, even the universe will end one day.

There are to many unknowns about the universe. Perhaps it will not end.
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