Bitcoin Increase in value or decrease? - page 2.

eann014

hero member

Activity: 1078

Merit: 501

Quote from: migueltiu on November 08, 2017, 08:39:57 AM

Hi guys, i'm just a newbie here. I've been curious on how the value of bitcoins increase and decrease through time. Is it because of the investors coming in for bitcoin? Are there ways that we can predict this? If yes, how? And in addition, what do they mean by forks? Are forks bad? My friend told me to sell my bitcoins before forks happen. Should I follow this?

I'm sorry for giving a lot of questions since i've been very interested in bitcoins and I really want to try to put an investment on this. I've been reading a lot about bitcoins and i've seen records from 2013 $7 bitcoins to now, $7000btc

Yeah for me the bitcoin price is also depend on us, and investors and also to those who sell, form is about the price of bitcoin when splitting. Just like what happen before when bitcoin cash came up. Bitcoin split ita price because of it and a lot of us makes panic selling thats why bitcoin price decrease but it recovers immediately.

RahulRana

newbie

Activity: 55

Merit: 0

The value of the best BTC is more than other currency. They may be any typy of currency rates may be included or decrease time to time. So Bitcoin value may be increase or decrease any time.

mondobitcoin

full member

Activity: 686

Merit: 100

Bitcoin is a good investment, but you need to remember that is a cryptocurrency, so the price can be unstable, and remember that is a long-time investment
And as we can see the price is growing up again

HasHe

hero member

Activity: 952

Merit: 500

Bitcoin is a decentralized currency uncontrolled by any one.So,its price either increases or decreases with increase or decrease in demand.But there are also some outer factors which some times decides the price.Factors like china banning bitcoin,forks to happen also affect bitcoin price.Its really hard to predict bitcoin price.But earlier before hard forks,people used to sell their bitcoins because of fear of price fall,but nowaays price increases before hard forks since people buy more bitcoins to get free coins after hard forks.

ReindeerOnMe

full member

Activity: 245

Merit: 107

Quote from: migueltiu on November 08, 2017, 08:46:23 AM

Quote from: warrior333 on November 08, 2017, 08:44:34 AM

In my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price.

Hi thanks for your response. May I know, when you meant "They get free coins". Who gets free coins? And how?

When bitcoin fork, it is splits right? So that means that the forked new coin is separated to the original coin.

That also means that if you have a number of original bitcoin in your wallet, for example, 10 of them, that means you can also have the same number of new coins which is 10.

ReindeerOnMe

full member

Activity: 245

Merit: 107

Quote from: migueltiu on November 08, 2017, 08:46:23 AM

Quote from: warrior333 on November 08, 2017, 08:44:34 AM

In my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price.

Hi thanks for your response. May I know, when you meant "They get free coins". Who gets free coins? And how?

When bitcoin fork, it is splits right? So that means that the forked new coin is separated to the original coin.

That also means that if you have a number of original bitcoin in your pocket, for example, 10 of them, that means you can also have the same number of new coins which is 10.

Eraldo Coil

member

Activity: 448

Merit: 10

Bitcoins value still fluctuates so it is not stable. But I think this year the value of the coin will increase. Because even though it fluctuates so fast, it still ends up as high as the months past by.

Slipknot79

copper member

Activity: 658

Merit: 500

Blockchain Just Entered The Real World

Bitcoin has a strong track record now. It may dip slightly but then it always bounces back higher and higher.

Its probably going to continue to just increase for at least another 5 to 10 years.

just a man

full member

Activity: 266

Merit: 100

Partner of UBER GRAB GOCAR

Quote from: chilanx on November 18, 2017, 04:01:10 AM

bitcoin is unstable currency,it is always increase and decreases.bitcoin cost is very high and it gives profits.we can not expect the bitcoin price.now it is very fine.

Looking at the price of Bitcoin from when it first began, the price of Bitcoin is only increasing. It will stay that way until the price goes down to zero or negative value.

chilanx

newbie

Activity: 9

Merit: 0

bitcoin is unstable currency,it is always increase and decreases.bitcoin cost is very high and it gives profits.we can not expect the bitcoin price.now it is very fine.

Laya Varghese

member

Activity: 84

Merit: 10

It's value increase or decrease like everything else it's valued increase with the increase in the number of buyers and decrease with increase in the number of sellers.that depends on the many factors underneath.you can see it's value getting doubled from the last year with increasing number of users and it's going to go even higher in the future with more people Getting aware and willing to invest in it.

Anonylz

hero member

Activity: 2562

Merit: 577

It increased a lot because of the forks, and you can not deny it. Without bitcoin cash, the price could still be below $2800 because this is how it happened.
It went from $2500 to $3700 in just three days, and then with the other fork of bitcoin gold, it went from $4000 to $6000 in a few days, and with the segwitx2 fork, there was a lot of speculations about it and the price touched more than seven thousand dollars, but then there was a huge mess with this.
There are a lot of things that makes the difference on the price.

aisyah88

hero member

Activity: 602

Merit: 500

it is clear all want increase not decrease ... but we have to be professional in bitcoin any increase there must be decrease and do not forget us to be discouraged ... keep and keep spirit....

ClvrGmr

full member

Activity: 322

Merit: 100

Its not just the investors. Every person that uses bitcoin is involved and participated on the state of bitcoin's price. Because once the market cap decreases, bitcoin price will start to rise. Holders of bitcoin is one major cause of it then when they do panic selling bitcoin price will start to fall.

See everybody has to do with bitcoin prices, maybe small or not they are part of it.

mondobitcoin

full member

Activity: 686

Merit: 100

Of course is increasing, but we can see a stabilisation in the price after the upcoming fork
And i think that bitcoin can only grow and grow up
Maybe in the start of 2018 we can see a price like 10.000$ per BTC

ranggawulung

hero member

Activity: 672

Merit: 500

You were right advised by a friend. Because this is the safest way to survive the separation of bitcoins. Withdraw money in $. And then if bitcoin falls in price, and he definitely falls, just buy it and wait again when he grows up Wink

Phyton76

sr. member

Activity: 504

Merit: 268

Quote from: migueltiu on November 08, 2017, 08:39:57 AM

Hi guys, i'm just a newbie here. I've been curious on how the value of bitcoins increase and decrease through time. Is it because of the investors coming in for bitcoin? Are there ways that we can predict this? If yes, how? And in addition, what do they mean by forks? Are forks bad? My friend told me to sell my bitcoins before forks happen. Should I follow this?

I'm sorry for giving a lot of questions since i've been very interested in bitcoins and I really want to try to put an investment on this. I've been reading a lot about bitcoins and i've seen records from 2013 $7 bitcoins to now, $7000btc

The value of the bitcoin is both increasing and decreasing.Base on my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price. It is essential for you to invest in bitcoin.

HeRetiK

legendary

Activity: 3150

Merit: 2185

Playgram - The Telegram Casino

Quote from: migueltiu on November 08, 2017, 08:46:23 AM

Quote from: warrior333 on November 08, 2017, 08:44:34 AM

In my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price.

Hi thanks for your response. May I know, when you meant "They get free coins". Who gets free coins? And how?

A hardfork occurs when what used to be the same currency, starts following two separate set of rules -- one being the old set of rules (in the case of November, BTC), the other following a new set of rules (in the case of November, B2X).

Ignoring the hardforks that happened earlier this year, for the sake of example, up until the November SegWit2x fork, there's only BTC.

Once the SegWit2x hardfork occurs, you'll have both BTC and the equivalent amount of B2X -- ie. for every 1 BTC you hold, you now also have 1 B2X. Two separate currencies, that can be traded for each other -- ie. you can use your BTC to increase your B2X holdings and vice versa.

Keep in mind to actually have access to your B2X you need to either hold BTC in a wallet of your own -- ie. a wallet where you have access to the private keys -- or hold the BTC on an exchange that supports B2X. However the latter option puts you at the mercy of the respective exchange.

That's the postive aspect. The hardfork could still go awfully wrong, with both BTC and B2X losing significant value, so there's a certain amount of risk involved.

q835197677

full member

Activity: 189

Merit: 101

Quote from: migueltiu on November 08, 2017, 08:46:23 AM

Quote from: warrior333 on November 08, 2017, 08:44:34 AM

In my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price.

Hi thanks for your response. May I know, when you meant "They get free coins". Who gets free coins? And how?

You can understand that as long as there is bitcoin in your wallet, you can get new COINS for free after the 16th.You don't need any operations.Depending on the announcement of the exchanges, the COINS stored in coinbass can be divided into COINS.

migueltiu

newbie

Activity: 42

Merit: 0

Quote from: warrior333 on November 08, 2017, 08:44:34 AM

In my opinion the fork is always bad. Any money likes stability and predictability. This bitcoin can't provide. Many people may disagree because after every fork they get free coins. But I think that it is a very small compensation for the loss of image. To sell your bitcoins you need now if you need money urgently. In the future it will rise in price.

Hi thanks for your response. May I know, when you meant "They get free coins". Who gets free coins? And how?

Topic: Bitcoin Increase in value or decrease? - page 2. (Read 806 times)