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Topic
Board Speculation
Re: If bitcoin dropped to $1, what you do?
by
sirohige
on 23/08/2016, 01:36:30 UTC
Many buyers and traders are  waiting for that of the bitcoin collapse to 1$. And there will be panic buying at least if such BTC and some traders make panic selling for their bitcoin . I'm also buying and store it and wait until the price of bitcoin getting higher. Because when it fell I knew the next happen is lifting the bitcoin price.
to me i think first it is not possible because bitcoin is now become such a stable currency but if it still fell down to 1$ i will certainly buy a lot of bitcoin, because hope that it price will certainly recover its previous position.

the propability of bitcoin fail to $1 is only 0.001% , the chance is very small but of course anything can happen, im miner of bitcoin the bitcoin diff raising everyday and the price very stable i think for miner today is bad day to mining bitcoin, because the chane to ROI need more than 1 year.