Post
Topic
Board Speculation
Re: If bitcoin dropped to $1, what you do?
by
Falconer
on 30/06/2016, 07:10:40 UTC
buy as much as possible is the best choice, right? because i am sure it will rebound.
I was a little bit of doubt if bitcoin could rebound or rise again after falling very sharply but someone once said that
while bitcoin have users. Nothing is impossible right ?

Well it will still apply the law of supply and demand, so even the price is $1 but if there are a lot of people who are buying,
so that demand is going to increase and price is going to rebound again.
Based on the law of supply and demand, I guess if bitcoin price drop a lot to $1, then it means no one care about it anymore. People just want to invest some promising investments, and 1$ worth of bitcoin in future is not promising at all.