Bitcoin price! really dude? | Bitcointalksearch.org

stomachgrowls

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Quote from: serjent05 on November 01, 2016, 02:55:49 AM

Quote from: brutosBTC on November 01, 2016, 02:33:42 AM

Exactly, $5000 is just insance number to be predicted in a small period of time because as of now we are in $600+ per 1 bitcoin and we are now 2 months before 2017, I guess $1000 is enough to assume that 1 bitcoin will reach before 2016 ends, but we really don't know if how bitcoin rise and down of its own value. The best thing now in this industry of bitcoin is, it is continually increasing its value.

I agree, 5000 USD is really impossible even at the end of 2017, the more realistic is the increment of 50 USD per month. so by computing such increase, 800 USD is very possible at the end of year 2016, and 1.4k USD at the end of 2017. that is more reasonable and realistic than speculating 5000 USD at the end of 2017.

$5k price on bitcoin on next year would be really impossible its too high price to speculate from and its too unrealistic to consider. $800 price on this year would surely be possible. Speculation of prices are normal but people should really think on possible prices on a particular time.

serjent05

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Quote from: brutosBTC on November 01, 2016, 02:33:42 AM

Exactly, $5000 is just insance number to be predicted in a small period of time because as of now we are in $600+ per 1 bitcoin and we are now 2 months before 2017, I guess $1000 is enough to assume that 1 bitcoin will reach before 2016 ends, but we really don't know if how bitcoin rise and down of its own value. The best thing now in this industry of bitcoin is, it is continually increasing its value.

I agree, 5000 USD is really impossible even at the end of 2017, the more realistic is the increment of 50 USD per month. so by computing such increase, 800 USD is very possible at the end of year 2016, and 1.4k USD at the end of 2017. that is more reasonable and realistic than speculating 5000 USD at the end of 2017.

brutosBTC

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Exactly, $5000 is just insance number to be predicted in a small period of time because as of now we are in $600+ per 1 bitcoin and we are now 2 months before 2017, I guess $1000 is enough to assume that 1 bitcoin will reach before 2016 ends, but we really don't know if how bitcoin rise and down of its own value. The best thing now in this industry of bitcoin is, it is continually increasing its value.

lionheart78

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Quote from: Fatanut on October 30, 2016, 05:59:40 AM

Quote from: serjent05 on October 30, 2016, 01:41:43 AM

Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Simply spending your bitcoins doesn't necessarily promote bitcoin unless you post it on your facebook account showing people your transaction. When you spend your bitcoins, what's happening is a deal between two bitcoin users. There's no non-bitcoin users that are being affected. But I guess it's actually in the seller's perspective that can actually help promote bitcoins. If more and more establishments especially in big cities start accepting bitcoins, people would surely check out what bitcoin is.

Spending bitcoin means there is more available bitcoin in circulation. In addition to that, it will make the bitcoin market healthy. See the picture of everyone holding their bitcoin and not even selling a single satoshi of it. Market will die eventually because of the scarcity of available coins to circulate the market. It will incease in price, yes temporarily until people lose interest to the coin. Once you sell it, it means spending, so that means there is movement of the coins and changing of hands. There should and must be a healthy circulation of bitcoin first before merchants start to accept bitcoin. How can you do business when one factor of it is so scarce because of people hoarding it.

Fatanut

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Quote from: serjent05 on October 30, 2016, 01:41:43 AM

Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Simply spending your bitcoins doesn't necessarily promote bitcoin unless you post it on your facebook account showing people your transaction. When you spend your bitcoins, what's happening is a deal between two bitcoin users. There's no non-bitcoin users that are being affected. But I guess it's actually in the seller's perspective that can actually help promote bitcoins. If more and more establishments especially in big cities start accepting bitcoins, people would surely check out what bitcoin is.

izlevinv

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Quote from: serjent05 on October 30, 2016, 01:41:43 AM

Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

If we find many merchants who starts accepting bitcoin as a mode of payment then it will attract many people who are not aware about bitcoins yet and that will make them curious to know about bitcoins and will start knowing what bitcoin is all about and I think that is the best way to promote bitcoins.

Deanero

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Quote from: katrimans on October 30, 2016, 02:18:47 AM

Quote from: serjent05 on October 30, 2016, 01:41:43 AM

Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Yes, demand for bitcoin is coming from promotion by attracting new investors. But, it is not possible for all bitcoiners to keep on promoting bitcoin as a part time job. When we are having very good application or new business which are based on bitcoin payments, definitely that will itself act as a very good promotion to create more demands.

Look at Bitcoins Marketcap, it is tiny in the grand scheme of things. Bitcoin adoption is growing at a phenomenal rate and the price is rising because it. Once the EFT is launched, Bitcoin will break through $1000 imo.

katrimans

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Quote from: serjent05 on October 30, 2016, 01:41:43 AM

Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Yes, demand for bitcoin is coming from promotion by attracting new investors. But, it is not possible for all bitcoiners to keep on promoting bitcoin as a part time job. When we are having very good application or new business which are based on bitcoin payments, definitely that will itself act as a very good promotion to create more demands.

serjent05

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Quote from: Fatanut on October 29, 2016, 06:03:44 AM

Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

I agree that the buy demand is the one that increase bitcoin price. But if you study a system, promotion helps alot for the popularity of the coin and to be able to get more people to jump in the bitcoin economy. One way of promoting bitcoin is by simply spending it as showing the usefulness of bitcoin in day to day life.

Fatanut

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Quote from: HoshiPost on October 26, 2016, 09:04:05 AM

The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

Spending bitcoin wouldn't necessarily increase the price of bitcoin. The price of bitcoin mainly increases because people are buying more bitcoins, not spending them. Spending bitcoins will just transfer your coins into another person's bitcoin wallet. That other person will probably just hold that bitcoin too because that's what most people do. Ultimately, the market will just move downwards once that other person decides to sell his coins.

Taki

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Quote from: talks_cheep on September 06, 2016, 04:21:55 AM

We'll hit 1K by end of this year, 2016.

One caveat: my predictions have ALL been wrong, so far.

It is almost the end of the year and bitcoin is still shacking around 600$. So your prediction wasn't right. Everything I can expect from bitcoin in this couple months to the New Year is that it will hit the point of 700$ finally. Next higher step is expected only in next 2017 year. You may agree with me or not, but it's just my own opinion based on the current situation with bitcoin.

Gliassa

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The price of the bitcoin is not really high right now and that is the biggest problem we all like to see the price of th ebitcoin at the highest point off course and i dont know
when that is going to happen but we wont hknow.

HoshiPost

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The price of th ebitcoin is really bad and i dont think that is because of our things that ie because lots of people are holding the bitcoins and that is raelly bad you need to spent
bitcoins when you want the price to rise.

iqlimasyadiqa

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Quote from: Golftech on October 26, 2016, 08:48:49 AM

Quote from: tabas on October 26, 2016, 08:41:47 AM

Quote from: brian_23452 on October 25, 2016, 02:30:53 AM

Quote from: phreaky on October 25, 2016, 02:20:06 AM

The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

But I think we saw major growth in the price of bitcoin in this year in compare to the last year and price is also rising at a moment which is a good sign for bitcoin and its users and if it continues to move in the same way then we will be seeing some really high price at the end of the year.

Yeah this years accomplishment with bitcoins price has been great compare from last year even though there is already an incident that the price of bitcoin did reached to $1,000 and I hope that is going to happen again before the end of the year or if that is not going to happen this year, then let that happen next year.

i think it happen way back 2013 if i research it correctly really wants to see the rally to went up to 1k$ and for sure many of us
will be a happy holders. 670$ now with my last check, keep holding and trading my btc with known alt to grow more while waiting.

so true . the current bitcoin prices continue to rise very high. bitcoin such movements rise can not be stopped. I will look for opportunities of this price increase. make a trade and holding bitcoin we have. Grin

Golftech

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Quote from: tabas on October 26, 2016, 08:41:47 AM

Quote from: brian_23452 on October 25, 2016, 02:30:53 AM

Quote from: phreaky on October 25, 2016, 02:20:06 AM

The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

But I think we saw major growth in the price of bitcoin in this year in compare to the last year and price is also rising at a moment which is a good sign for bitcoin and its users and if it continues to move in the same way then we will be seeing some really high price at the end of the year.

Yeah this years accomplishment with bitcoins price has been great compare from last year even though there is already an incident that the price of bitcoin did reached to $1,000 and I hope that is going to happen again before the end of the year or if that is not going to happen this year, then let that happen next year.

i think it happen way back 2013 if i research it correctly really wants to see the rally to went up to 1k$ and for sure many of us
will be a happy holders. 670$ now with my last check, keep holding and trading my btc with known alt to grow more while waiting.

tabas

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Quote from: brian_23452 on October 25, 2016, 02:30:53 AM

Quote from: phreaky on October 25, 2016, 02:20:06 AM

The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

But I think we saw major growth in the price of bitcoin in this year in compare to the last year and price is also rising at a moment which is a good sign for bitcoin and its users and if it continues to move in the same way then we will be seeing some really high price at the end of the year.

Yeah this years accomplishment with bitcoins price has been great compare from last year even though there is already an incident that the price of bitcoin did reached to $1,000 and I hope that is going to happen again before the end of the year or if that is not going to happen this year, then let that happen next year.

BitcoinPC

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Quote from: Alauria on October 25, 2016, 03:15:21 AM

The price of the bitcoin right now is not really profitable because lots of people are dumpjgn the coin becuase the price is not rising enough and i know
that is not what suposed to happen with the bitcoin,.

Believe me i can't understand what you are saying, you know right now bitcoin price is $652, and you are saying it is not profitable, How can you say that, Actually in my view, still bitcoin in a profitable condition, If i sell my all bitcoins now than it will give me good profit, because bitcoin has a half price when i bought all of them, and you say right now bitcoin is not in a profitable.

Alauria

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The price of the bitcoin right now is not really profitable because lots of people are dumpjgn the coin becuase the price is not rising enough and i know
that is not what suposed to happen with the bitcoin,.

brian_23452

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Quote from: phreaky on October 25, 2016, 02:20:06 AM

The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

But I think we saw major growth in the price of bitcoin in this year in compare to the last year and price is also rising at a moment which is a good sign for bitcoin and its users and if it continues to move in the same way then we will be seeing some really high price at the end of the year.

phreaky

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The price of the bitcoin is not what it was and that is not good for the future of the bitcoin if you know what wil happen to the bitcoin off course i dont know what will happen in the furuer but the price says enough.

Topic: Bitcoin price! really dude? (Read 5350 times)