Actually the assumption is impossible. No asset class in history I believe has crashed to a $1 Overnight . Even if it were to crash to a low price it would take many months, maybe years. When a companys stocks tumble because of liquidation it takes months, years too until its delisted.
If on other less regulated market places it did, short sellers could easily arbitrage and for $5 in insurance would buy 5 Bitcoin and run the token into zero value.
your views?
For sure i will be glad because i can buy a thousand bitcoins if that happens,imagine i this can bring me to become a millionaire after five to ten years if bitcoin price strikes again and blow to thousand bucks value?but you had already mentioned that your assumptions are impossible to happen