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Topic: Bitcoin up or down - page 4. (Read 2340 times)

hero member
Activity: 2590
Merit: 644
July 10, 2016, 07:27:20 AM
#16
Please write reasons why BTC should go up/down and write how important it is.
IMO the reason why bitcoin go down a little bit because other user sell their coins and i think most of them are newbies or just getting started in bitcoin but nothing to worry because it's normal for bitcoin because it's only depending on demand and supply, so expect after a few months that the price will slowly go up and it will reach $1k Grin.
legendary
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
July 10, 2016, 07:00:05 AM
#15
Please write reasons why BTC should go up/down and write how important it is.

Bitcoin goes up and down because traders have to make money.

This is how money is made, cuz the charts r going up and down and twiggling along the speculationz

~CfA~

the simple reason, I like it Smiley
yah sorry if I may correcting, if bitcoin prices going to up or down due the peoples of trader who make money, then so does the altcoin traders who is already much to give price speculation during this time
sr. member
Activity: 406
Merit: 250
July 10, 2016, 06:58:49 AM
#14
If you mean the price of bitcoin i think price should continuous to go high its because good for our investment and it brings really great profit.

And i if the price will go up and down it is also good for the traders because it is the time to buy/sell their coin.
copper member
Activity: 1442
Merit: 529
July 10, 2016, 06:44:39 AM
#13
Please write reasons why BTC should go up/down and write how important it is.

For the moment after the reduction of the block reward to the half in the halving the profit of the miners will be reduced to half
So possibility number 1: if the price is stucked at the same value or decreased we may see few tiny miners quitting which may lead to the price rises
Possibility number 2: miners having their profit reduced so they will push the price forward which is very likely to happens

For now the miners still have a nice reserve so we need to wait and see

Very realistic view and I agree with you too regarding what is going to happen. I also hope and dream that possibility number 2 happens very soon as that would be a great benefit to all of us who have been holding bitcoins from a long time now. But is also great that this possibility happens slowly and gradually in order to let even other people who have just started with bitcoin to collect some and also for them to get their share of this opportunity.
hero member
Activity: 700
Merit: 520
July 10, 2016, 06:42:17 AM
#12
Please write reasons why BTC should go up/down and write how important it is.

Bitcoin goes up and down because traders have to make money.

This is how money is made, cuz the charts r going up and down and twiggling along the speculationz

~CfA~
hero member
Activity: 1190
Merit: 534
July 10, 2016, 06:36:02 AM
#11
I think on the grounds of halving the price of bitcoin should go up quickly for a while and then it should reduce to something 10-20% more than that what we have today.

No one will mine if mining is not profitable, thus to reduce the adverse effect of halving the high price of bitcoin will make miner stick to mining. A low price will bring accessibility of bitcoins in the hands of more and more people and then there should be a sustainable growth which we all are expecting. Quick growth is in the favor of current users only (those are we and not those who want to be inside it) but sustainable growth will make it inclusive and that will make industry even stronger.

legendary
Activity: 2142
Merit: 1065
✋(▀Ĺ̯ ▀-͠ )
July 10, 2016, 06:22:55 AM
#10
Please write reasons why BTC should go up/down and write how important it is.

For the moment after the reduction of the block reward to the half in the halving the profit of the miners will be reduced to half
So possibility number 1: if the price is stucked at the same value or decreased we may see few tiny miners quitting which may lead to the price rises
Possibility number 2: miners having their profit reduced so they will push the price forward which is very likely to happens

For now the miners still have a nice reserve so we need to wait and see
legendary
Activity: 1946
Merit: 1137
July 10, 2016, 06:11:51 AM
#9
Please write reasons why BTC should go up/down and write how important it is.

it is all about supply and demand. as bitcoin becomes more famous and adopted by more people and merchants and also as it becomes more famous as an investment the demand for bitcoin increases and also with the halving the supply creation rate has also gone down which means lower dumped coins daily. the combination of these two means price going UP.

the importance of it is only for those who are investing in bitcoin, and in my opinion those who want to use it as a currency care mostly about fixed price.
newbie
Activity: 53
Merit: 0
July 10, 2016, 06:11:22 AM
#8
Sideways? Huh
sr. member
Activity: 322
Merit: 250
July 10, 2016, 06:06:05 AM
#7
Please write reasons why BTC should go up/down and write how important it is.

what you meant up or down here? I assume is bitcoin prices, if bitcoin prices continue rise then bitcoin trading can not be right. Which causes the bitcoin prices rise and fall is because of the activities of buying and selling bitcoin itself. In other words bitcoin continue to rise, no one sells bitcoin. Thank you
hero member
Activity: 994
Merit: 544
July 10, 2016, 06:05:50 AM
#6
Please write reasons why BTC should go up/down and write how important it is.

The monetary value or bitcoin price is the life of bitcoin, without it bitcoin will be just a computer digit. Price has given bitcoin a value and become a currency. With regards to price inflation and deflation it is controlled or caused by the demands and supply in the market. And another if someone sells a bitcoin in a huge volume lower than the current price then the price will go down. But if someone bids a higher price than the current one and purchase huge volume it will increase bitcoins price. But aside from that the miners difficulty the blockchain rewards the demand and supply must be taken into consideration to understand the price trend.
sr. member
Activity: 325
Merit: 250
July 10, 2016, 05:06:52 AM
#5
At this point no miracle happened with the 1000$ price pump, and as I see BTC price may even drop some bucks. But in a 2-3 month period price should go up to 850$, and hit the grand by the end of the year! Grin
legendary
Activity: 1049
Merit: 1009
TRX: TCRKDukYt2zDie9vJDhToKrP3tyTV29U48
July 10, 2016, 05:00:12 AM
#4
Halving happened , now we should wait for sometime to see the results .
I'm starting to think that it's going down for some reasons and I'm not sure why, but who knows really ... we just have to wait and see  . Price will take some time (Let's say couple of week , a month max)to take place because supply is still there (some miners still didn't sell what they had) etc...

now already halving but impact has not been felt, even occur btc price is down in the market. I remember when happen bitcoin halving in the last year bitcoin price is up, but not for now Smiley
full member
Activity: 210
Merit: 100
July 10, 2016, 04:21:53 AM
#3
Halving happened , now we should wait for sometime to see the results .
I'm starting to think that it's going down for some reasons and I'm not sure why, but who knows really ... we just have to wait and see  . Price will take some time (Let's say couple of week , a month max)to take place because supply is still there (some miners still didn't sell what they had) etc...

i agree with this , it may not increase immediately once halving happens , currently it showing down , but always bitcoin price rise once demand is more on buying , once bitcoin price is down now more and more people will buy ,definitely it will go up Smiley
staff
Activity: 3500
Merit: 6152
July 10, 2016, 04:12:10 AM
#2
Halving happened , now we should wait for sometime to see the results .
I'm starting to think that it's going down for some reasons and I'm not sure why, but who knows really ... we just have to wait and see  . Price will take some time (Let's say couple of week , a month max)to take place because supply is still there (some miners still didn't sell what they had) etc...
newbie
Activity: 35
Merit: 0
July 10, 2016, 04:04:33 AM
#1
Please write reasons why BTC should go up/down and write how important it is.
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