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Topic: Bitcoin selling price up to $ 3200 can this bring changes to bitcoin users? (Read 360 times)

hero member
Activity: 1106
Merit: 501
For those who focuses in bitcoin will take much impact with the bitcoin value going down, but for the people who is using it more on transactions, like sending money online it will be a good thing as the transaction fee will get lower too after the value goes down.
sr. member
Activity: 448
Merit: 250
Of course, the course affects the user. It attracts the interest of new users and intensifies competition with the old ones.
legendary
Activity: 2562
Merit: 1441
The higher the price of BTC the more feasible mining becomes for independent or low budget miners. In theory this could further decentralize mining hash power. In reality I have no clue what the actual real world stats look like. Mining becoming more viable and profitable however could be the main impact of a higher sell price.

Higher sell price can also lure long time holders into selling off all their BTC and looking for new investments.
sr. member
Activity: 630
Merit: 263
This change does not affect the users of bitcoin. We have become accustomed to such jumps. This was to be expected and for me personally, this price was not unexpected. I expect even larger price increase.
sr. member
Activity: 476
Merit: 254
I think for now the bitcoin users are feeling how happy life is because the bitcoin results alone can exceed the offline work and of course this will bring significant economic changes to bitcoin users.

The question is whether it makes a difference when bitcoin is low priced with bitcoin at current prices?

It will be nice if you can resructuce the OP because the latter part is somewhat contradictory. However, the moment the price increases and one gets increase in financial ability, it also means by default when price falls, your purchasing power drops without any two ways to it and that is why there is always tension for everyone wants to have an answers and be anxious on how and when it will go back up.
sr. member
Activity: 1274
Merit: 263
so what if Bitcoin prices hit $3200 marks ?
nothing changed in my opinion,because Bitcoin can easily hit $3500 in the next days or so.
and Bitcoin prices always rise every day and every time no matter what will happen,
because in the future(approximately around 10 years)our technology will be different and many people will using digital currency to pay everything because it's very easy to pay something using Digital currency.
just imagine it,if many people using Virtual Reality in their real life while playing game or something like that,doesn't that mean when they're doing a transaction they will using digital currency ? well,that's my wild imagination  Cheesy
hero member
Activity: 1148
Merit: 504
Obviously the users who had hold their bitcoins on august first are plaisible destined.
Most traders including me were afraid of fork, therefore kept their btc offline. But no, doing this, they downtrod their luck.
Others were lucky enough as we now know their is an another currency attached with their btc that comes with a good exchange rate.

What is the difference? Even if you kept your bitcoin offline, you can still claim your bitcoin cash as long as you have your private keys. then you can transfer it to exchanges to dump for bitcoins.
legendary
Activity: 938
Merit: 1001
Obviously the users who had hold their bitcoins on august first are plaisible destined.
Most traders including me were afraid of fork, therefore kept their btc offline. But no, doing this, they downtrod their luck.
Others were lucky enough as we now know their is an another currency attached with their btc that comes with a good exchange rate.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
I honestly can't decipher what you're trying to say but if you're asking that bitcoin is better than day jobs then the answer is simply no. Bitcoin is there to oppose the oppressive forces of the banks and the government allowing people to actually own their money for the first time. However people just saw its value other than being a currency that's why it also turned out to be a speculative asset. If you ask me "Bitcoin is has a high price and keeps on rising, why isn't it better?", bitcoin is so volatile that everything can happen with just merely seconds.

Also, if you're just relying on petty signature campaigns to gain bitcoins and thinking of quitting your job, think again.
sr. member
Activity: 490
Merit: 250
I think for now the bitcoin users are feeling how happy life is because the bitcoin results alone can exceed the offline work and of course this will bring significant economic changes to bitcoin users.

The question is whether it makes a difference when bitcoin is low priced with bitcoin at current prices?
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