Bitcoin prices rise high - page 62. | Bitcointalksearch.org

bitbob82

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Quote from: Superways on June 08, 2017, 05:03:50 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Many people who have their jobs giving them better income do not have stop their work but they are working on both the fields, on their job and on bitcoin. By the way the question is that many people are coming to bitcoin because of price increase then I will say that it is because of the opportunities of earning they find in bitcoin no matter with what way they earn but they came for earning some extra money.

in fact that is not such a difficult job to continue using bitcoin along with you job. i think most of the people are continuing their job and still give decent time to bitcoin. to me i am a profession teacher but still i can manage to give time to bitcoin without any stress.

mamaita

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Quote from: sportis on June 08, 2017, 05:31:34 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

As Yakamoto mentioned above in my country too, there aren't so many people who are curious about bitcoin. I participate in some meetings about 5-6 times per year where people speak about bitcoin and blockchain but all times is almost the same audience. Last time someone asked me about bitcoin was when hackers had exploited the ransomware wannacry.

Because the virus ransomware all be talking about bitcoin, because the hecker ask for ransom in the form of money in the form of bitcoin.

wahb

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Quote from: skorupi17 on June 08, 2017, 03:25:56 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I guess so.

Many people are lured to bitcoin not because of its potential but because of its price. Bitcoin's price has never seizes to amaze people, it continually increase over time. That is why many more people are engaging on bitcoin every single day. And in return, the value of bitcoin also increases. And the cycle continues. This are how most people get on board. Nothing can change that, I guess.

even in panic like situation they are not going to sell their bitcoin. but they are going to holt it and giving support to bitcoin and therefore we are not seeing such a great downfall for a long time. in fact people are now becoming mature and they at not going to create panic like situation by selling bitcoin in junks. they prefer to hold bitcoin even if the market is bearish.

sportis

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

As Yakamoto mentioned above in my country too, there aren't so many people who are curious about bitcoin. I participate in some meetings about 5-6 times per year where people speak about bitcoin and blockchain but all times is almost the same audience. Last time someone asked me about bitcoin was when hackers had exploited the ransomware wannacry.

Superways

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Many people who have their jobs giving them better income do not have stop their work but they are working on both the fields, on their job and on bitcoin. By the way the question is that many people are coming to bitcoin because of price increase then I will say that it is because of the opportunities of earning they find in bitcoin no matter with what way they earn but they came for earning some extra money.

batang_bitcoin

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Quote from: shield132 on June 08, 2017, 04:33:18 PM

Quote from: batang_bitcoin on June 08, 2017, 04:10:51 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes it is the impact of bitcoin's price rise. And if it is not because of it, many are not going to agree and like the feature of bitcoin. People are realizing that this coin has something for them and because of it while it is not that late, early investments are coming. Those early people that underestimated bitcoin for sure are now loving how to use it.

Someone realizes but is doing nothing for bitcoin, someone just uses it for darknet and someone simple had to use bitcoin for some reasons. Fairnell would be good but mostly big players (miners, exchangers) play serious role in bitcoin's price movement. So people can't do anything great and special, it's game of big players, call my craze but I think so.

Those big players that you had mentioned are truly giving a big movement to the price of bitcoin. And their roles are very important but just like I mentioned it's the economy, the law of supply and demand is making the price of bitcoin rises. It has a limited supply but the demand is very high, so that's making the price higher.

shield132

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Quote from: batang_bitcoin on June 08, 2017, 04:10:51 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes it is the impact of bitcoin's price rise. And if it is not because of it, many are not going to agree and like the feature of bitcoin. People are realizing that this coin has something for them and because of it while it is not that late, early investments are coming. Those early people that underestimated bitcoin for sure are now loving how to use it.

Someone realizes but is doing nothing for bitcoin, someone just uses it for darknet and someone simple had to use bitcoin for some reasons. Fairnell would be good but mostly big players (miners, exchangers) play serious role in bitcoin's price movement. So people can't do anything great and special, it's game of big players, call my craze but I think so.

Footmanred

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Quote from: batang_bitcoin on June 08, 2017, 04:10:51 PM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes it is the impact of bitcoin's price rise. And if it is not because of it, many are not going to agree and like the feature of bitcoin. People are realizing that this coin has something for them and because of it while it is not that late, early investments are coming. Those early people that underestimated bitcoin for sure are now loving how to use it.

Perhaps you need to slightly change the wording of this understanding, because many people love Bitcoin just because it gives them the opportunity to earn. The fact is that under the current circumstances in the world, people are very poor and will work in any field to improve their standard of living. Very lucky that many were lucky enough to learn what Bitcoin is and start working in the field of crypto currency. This is a real success and especially when the price has gone up.

mharz

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Yeah it's true prices of bitcoin were very high, I think the probability to getting the price of bitcoin had none. Because as you can see the price of bitcoin in the market was fluctuating in $2000 and up only.

batang_bitcoin

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yes it is the impact of bitcoin's price rise. And if it is not because of it, many are not going to agree and like the feature of bitcoin. People are realizing that this coin has something for them and because of it while it is not that late, early investments are coming. Those early people that underestimated bitcoin for sure are now loving how to use it.

lady Royal

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Yeah, Many people are getting interested in Bitcoin, They are started adopting it because it's free, easy to use, and fast. Also, It's the first decentralized crypto currency. After, the latest bump in Bitcoin price, Bitcoin is getting popular and people started using it and sharing it. So, We are having many new adopters which lead the Bitcoin price to increase. Once, It is adopted by everyone we will see much more higher price but still, The Bitcoin is unknown to many people so, we should tell them what Bitcoin really is.

MiF

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yeah it seems it is because of bitcoins prices,
It seems like others see it as a good way to make a living and there are tons of ways to earn online,
So I think they just choose the one that they think is lot more easier and more income for them.

cruz49

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Well the bitcoin value is rising up as of today this is not unexpected it is expected,,,, this is just the beginning of bitcoin rise some of the people in the world know bitcoin in this year but many more people in the world doesn't know about it so this price is just for temporary bitcoin will rise more if whole world know about it.

skorupi17

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I guess so.

Many people are lured to bitcoin not because of its potential but because of its price. Bitcoin's price has never seizes to amaze people, it continually increase over time. That is why many more people are engaging on bitcoin every single day. And in return, the value of bitcoin also increases. And the cycle continues. This are how most people get on board. Nothing can change that, I guess.

richardsNY

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No one in his right mind will stop working just to focus on Bitcoin, unless they have a crypto related side project that is more rewarding than their regular job -- this however only goes up for a very small number of people. Demand is mostly increasing due to Bitcoin's speculative nature. If you look year on year, then it's clear that Bitcoin has basically outperformed each investment option and asset. This is exactly what the average joes are realizing now....

Angel777

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Bitcoin price now is getting higher and higher .It is very good to envest and save btc waiting for rhe price hit about 5OOO$ .If this happened I will increase more until thi will ruled all over the world.

safari88

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I also know bitcoin when prices rise very high. When in 2013 the price is $1000. when I am not working and prefer focus on bitcoin. I think the high prices it certainly makes people curious and when results are greater than their work. they will leave his job, like some of my friends who do this and more focus for bitcoin.

jc89

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Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I believe it's a yes.

Who will not be attracted to something that raises in value over time, right? And to think that bitcoin's price do not just increase within days or months, but it also doubles it's price withing just months. How good is that for the eye of people right? With this type of mindset for bitcoin, people are engaging in bitcoin just to earn.

joganuts

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Quote from: syarifbitcoin on June 07, 2017, 07:33:49 PM

Maybe . The more bitcoin users with the limited number of coins will make the price more expensive.
If all online shops in all countries accept bitcoin as a means of payment, maybe the price will be double the current price even more
And many more factors affecting bitcoin prices in addition to numbers and users Cheesy

Bitcoin development on its price is made happen by the support of the community. As you said the more people uses bitcoin that is the time that the stock may happen to be limited making its price to increased or to get high. Bitcoin development always follow the principle of law of price and demand where its price is dependent to the support given by its community.

Kemarit

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Quote from: cafucafucafu on June 08, 2017, 06:36:36 AM

Quote from: mamaita on June 07, 2017, 07:07:29 PM

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

Yeah definitely. The rise in bitcoin prices has brought a lot of publicity, and most of it is positive in my opinion.

The point though is that the price isn't everything. Just because bitcoin is sky high doesn't mean that it has a reason to be this high. In fact a lot of it is indeed speculation, and pure speculation. The transaction fees are incredibly high, for example, forcing bitcoin users into using paid accelerators. A cryptocurrency shouldn't have "acceleration" services, especially paid ones.

But on top of all these problems bitcoin has seemingly just took off. A bubble? Probably. Sell? Maybe. I'd rather see bitcoin more stable than rise so quick.

Well for me bitcoin price has been brought up by several factors. One of them is Japan and other Asian countries like China and Korea. But I do believed that the price increase is purely speculation as what you mentioned. This "educated guess" has double sword effect on the price, it either goes up or down. But currently, since people are going crazy and buying bitcoin the price is going up. Can it be sustained? Its hard to answer since we are going back to purely speculation paradigm. So going stable? I doubt as well. Bitcoin price will be not stable, again because of it is based on speculation.

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