Quote from: Oneandpure on Today at 07:31:40 PM

Quote from: Inwestour on Today at 03:49:28 PM

It just won't be allowed to happen. What's the point of this? If the price becomes $1,000 then many people will be able to buy bitcoins for themselves, although of course it is possible that people will be disappointed and will not see the point in this. But if the price drops to $1, then that would be absurd, because people will buy a lot of bitcoin for themselves, even for fun, but what's the point of allowing this if bitcoin has a great future?

Allow for bitcoin price on $1,000 need magician how to make all investor holding bitcoin become panic moment for selling their bitcoin asset until dump to lo lower price, but almost impossible not all investor want to sell their bitcoin with lower price. Go ahead and looks not realistic when talking impossible with bitcoin price could dump until $1000. Have been the era of bitcoin as investment assets right now not only with individual person hold bitcoin but also have government and many bigger companies make bitcoin as investment assets.
If another days bitcoin have lower price I little confidence will all investor buy bitcoin after get dropping price because many of bad news around when bitcoin going dump.

we need to be realistic with things here. so at the moment, i don't think we will reach to that level again, given the adoption and scope of bitcoin today. but let's say everything is possible in this market. definitely, people will panic and maybe sell what they have. at that point, you need to decide if you will exit the market or not by evaluating the situation. is there no hope for bitcoin to recover? is this the possible end of crypto? you need to do your own assessment here.