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Topic: Bitcoin Price - page 3. (Read 1116 times)

member
Activity: 311
Merit: 10
November 07, 2018, 01:37:38 AM
#56
The law of supply and demand will always be a part of the price of bitcoin, no one can ever tell when or how much bitcoin's price going to be but I if the demand is high the price will rise because the supply is limited.
sr. member
Activity: 826
Merit: 250
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November 07, 2018, 12:08:28 AM
#55
bitcoin is a online currency & its peer to peer system. bitcoin popularity growing day by day,that's why its price also growing.I think after end of the year bitcoin price going to be very high.

After what year? 2018? I dont think so, to be honest. Last year the hype was over the sky, mining become so popular that reached out to every person with a little knowledge of browsing the internet. My opinion, btc price will remain as this for little longer.
the price of the Bitcoin continues to increase along with the development of the Bitcoin progress. This will increasingly affect the price of the Bitcoin if also intensified development of the Bitcoin. coupled with the growing number of enthusiasts who support its development are increasingly making the price toward expensive.
full member
Activity: 406
Merit: 100
November 07, 2018, 12:38:46 AM
#55
who decides the price of bitcoin is certainly the people who buy it, because more and more investors are interested in bitcoin, and buy it automatically the price of bitcoin will go up, what's more if the supply of bitcoin is getting smaller but demand is increasing, it will increase the price of bitcoin.
member
Activity: 420
Merit: 10
November 06, 2018, 09:51:04 PM
#54
What makes the price of bitcoin is a system for electronic transactions without relying on trust that is peer-to-peer using POW to record the history of public transactions that have occurred
member
Activity: 434
Merit: 10
November 06, 2018, 06:34:06 PM
#53
With the request and offer, the price will appear and give the right value, bitcoin has a high value with many requests. The crypto market can provide prices by looking at the history of demand every second, and it runs so fast that it is out of control.
jr. member
Activity: 210
Merit: 1
November 06, 2018, 06:10:13 PM
#52
it is the people who decide how much bitcoin will cost. if people are ready to buy it at 6500, then it will cost 6500. they will only stop buying at this price, then it will immediately fall down and just go up if they start buying it at 6500 en masse.
member
Activity: 518
Merit: 11
November 06, 2018, 06:01:26 PM
#51
I think, everyone knows that bitcoin supplies are limited, and every year the volume and spread of bitcoin always increase better, so that makes the value of bitcoin grow rapidly to reach $ 20K by the end of 2017, and now bitcoin is stable at $ 6400.
sr. member
Activity: 552
Merit: 250
November 06, 2018, 06:01:04 PM
#50
Bitcoin value was no one deciding on what is the value on the market but the market was deciding the value just because of the investor if I am not mistaken so that if you can see that bitcoin value was always fluctuated it means depending on the world market. If you know the stock exchange they have similarity on the value fluctuation that depending of the demand or the number of investor.
member
Activity: 560
Merit: 11
November 06, 2018, 05:52:36 PM
#49
bitcoin is very extraordinary, this is beyond our predictions, large bitcoin demand and limited inventory make bitcoin to the moon, has high value, and bitcoin is contested by many people.
even today the bitcoin market can be the rival for the world market.
full member
Activity: 546
Merit: 100
November 06, 2018, 05:48:52 PM
#48
Bitcoin prices always increase if you get good news from each of the most influential individuals or companies in the world to adopt Bitcoin, so people will be more confident to buy Bitcoin, because they get positive value if Bitcoin gets good news, that is a fact in the field, but if bitcoin gets bad news, then don't expect prices to rise.
legendary
Activity: 3486
Merit: 1055
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November 06, 2018, 05:38:22 PM
#47
Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?
No one decides the price of bitcoin to have a value of how high and low the price of bitcoin is, the price of bitcoin is moving because of the growing demand in the market. So there's no need to be surprised why the price of bitcoin has a high value, because the popularity and demand for bitcoin keeps increasing, so of course the price will continue to move.
legendary
Activity: 1316
Merit: 1145
November 06, 2018, 05:27:35 PM
#46
Bitcoin has a price because of the agreement between bitcoin sellers and buyers. Basically Bitcoin has no value. but the users have made an agreement to give value to bitcoin. why it's valuable, because Bitcoin has technology that is safer than the central bank. Bitcoin is more transparent than a bank. and in my opinion blockchain technology is what makes the value of bitcoin bigger.
full member
Activity: 518
Merit: 100
November 06, 2018, 03:42:10 PM
#45
Bitcoin price increase or decrease  because of the demand of bitcoin in the market. It depends on the people  who adopt bitcoin as long as many people engage in btc market will also change the value. Bitcoin is useful for everyone , so if investors continues to invest in bitcoin the price of bitcoin also  increase.
sr. member
Activity: 1400
Merit: 269
November 06, 2018, 02:53:53 PM
#44
A product's value is determined based on its features if its marketable or not. Does it have something new to offer to the consumers. Bitcoin became popular because people where sick and tired of the old centralized banking system they needed something much faster, convenient, secured, decentralized and that's btc.
member
Activity: 336
Merit: 12
November 06, 2018, 02:48:39 PM
#43
The usefulness of bitcoin determines its price ,if everyone Start rejecting gold what do you think will happen to it? It will lose Its value and get dumped ,when something has a usefulness it tends to have value and when that happens it becomes hard to get ,please try to do some homework about blockchain and cryptocurrency in general ,you can find some info on youtube
full member
Activity: 580
Merit: 101
November 06, 2018, 02:05:50 PM
#42
Not bitcoin price only have touch at $6,500 and for last three months I am not seeing bitcoin could cross at $10,000 above. I don't know why too hard for bitcoin become more higher price again like last years where could be on $15,000.
member
Activity: 952
Merit: 41
November 06, 2018, 01:57:18 PM
#41
The value of bitcoin is in it demand when the demand of bitcoin increased it value also increase and so it is with every commodity in the market, there all depends on the demands and bitcoin as a store of value is not an exception to that despite the fact that bitcoin does not have any physical value but still on that its still worth more then some other commodities in the market and why it is so is because of the demands and the role bitcoin plays in our financial life.
newbie
Activity: 24
Merit: 0
November 06, 2018, 12:52:20 PM
#40
bitcoin is a online currency & its peer to peer system. bitcoin popularity growing day by day,that's why its price also growing.I think after end of the year bitcoin price going to be very high.

After what year? 2018? I dont think so, to be honest. Last year the hype was over the sky, mining become so popular that reached out to every person with a little knowledge of browsing the internet. My opinion, btc price will remain as this for little longer.
full member
Activity: 552
Merit: 102
November 06, 2018, 12:42:47 PM
#39
bitcoin is a online currency & its peer to peer system. bitcoin popularity growing day by day,that's why its price also growing.I think after end of the year bitcoin price going to be very high.
member
Activity: 532
Merit: 11
November 06, 2018, 11:52:49 AM
#38
Bitcoin started out as a small project and a small network. What is really hard to understand is how these "Coins" was even worth 1$? How can something have a value when it is not real? How has the price hit 6500$ i mean who decides the price of these coins?
the increase and decrease in the price of bitcoin depends on the speculations of the people there, and the result they really dominate it all and we must follow the current price
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