Quote from: Kaller on August 12, 2016, 08:48:42 AM

Quote from: Supercrypt on August 11, 2016, 07:35:24 PM

Quote from: ripplehd on July 14, 2016, 09:38:01 AM

we've heard a bunch of times about fiat money and escalating problems. any reason for bitcoin to decline rapidly and all the online wallets closing down how will everyone fear the loss of bitcoins. It can happen because its the problem with real money its causing bitcoin to get blocked halfway.

I always think about this. Some people say if the bitcoin price goes down to 1$ then I will buy as many as I can afford, some people say if the price drops down to 1$ after all of this then it means there must be something wrong and definetly should be stayed away.

I realized I am in the middle of it. I will not sell everything I own and buy bitcoin if it drop down to 1$ but I will probably buy at least 100 of it. I think bitcoin won't decline that much, the price is what people say how much it is. Instead of fiat where goverments and finance sector decides how much 1$ is worth.

I have bought a few bitcoin in 2013 and 2015. I have hold most of them since then. I just used some in the mean time.

That is very good action. I also bought some this time last year. The price has risen 100%, but I will keep them for longer.