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Topic: Changing rate of bitcoin value (Read 296 times)

sr. member
Activity: 742
Merit: 255
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January 30, 2018, 03:59:23 AM
#33
Does bitcoin value will increase in the future if more people decide to use it?

Yes it is, the more users the higher it's price to be. And it's nearly possible to happen because of its continuously growing population of users which is a good factor of a constant increasing of its market value.
The increasing number of bitcoin users will continue for a long long time, because still bitcoin is becoming more popular and new people are entering in bitcoin world, therefore bitcoin demand is also increase and to the price is. I think that bitcoin price will continue increasing and very soon its price will even reach to 100000$ in next few years. Therefore we should try to buy bitcoin in current cheap price and get good profit when its price reach to such a high value.

Bitcoin values not stable. Bitcoin prices any time to change. So check the bitcoin pricess day by day. This information helpful to hold the coin and sell. If know all information then you will sell coin on time. It time to change the prices. Bitcoin is future currency so most of thr peoples hold the coin for future growth and investment.
full member
Activity: 266
Merit: 114
January 30, 2018, 02:17:22 AM
#32
Definitely, Bitcoins price will increase, even if it drops badly in the near future (which may occur soon by looking at its demand), People will start purchasing it and invest as much as they can increase its demand resulting in the rise in its value.
And there is still a lot bitcoin left for mining so it is clear that it might still rise as soon as there is an availability of it.
hero member
Activity: 700
Merit: 500
January 30, 2018, 01:11:47 AM
#31
Does bitcoin value will increase in the future if more people decide to use it?

Yes it is, the more users the higher it's price to be. And it's nearly possible to happen because of its continuously growing population of users which is a good factor of a constant increasing of its market value.
The increasing number of bitcoin users will continue for a long long time, because still bitcoin is becoming more popular and new people are entering in bitcoin world, therefore bitcoin demand is also increase and to the price is. I think that bitcoin price will continue increasing and very soon its price will even reach to 100000$ in next few years. Therefore we should try to buy bitcoin in current cheap price and get good profit when its price reach to such a high value.
hero member
Activity: 1190
Merit: 504
January 29, 2018, 02:45:22 PM
#30
Does bitcoin value will increase in the future if more people decide to use it?
Think of this, we are still few using bitcoin currently and what's the price of bitcoin? The price will increase dramatically when there are people who will start using it but for now the price is still calm and stable at $11,000 so let's just leave everything to bitcoin and don't worry about the price, just go along with whats happening.
sr. member
Activity: 434
Merit: 255
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January 29, 2018, 01:39:16 PM
#29
The price of bitcoin does not depend on the number of users. Price responds to demand. Imagine the situation when whales agree with each other and stop selling coins. What will happen? The price will go up. The number of users will remain unchanged. The mechanism of formation of the price of bitcoin much more difficult.
sr. member
Activity: 924
Merit: 260
January 29, 2018, 12:31:13 PM
#28
Does bitcoin value will increase in the future if more people decide to use it?
If more people decide to used bitcoin in future definitely bitcoin will increase in price and you should know that bitcoin is like every other assets for trade. When bitcoin is more acceptable all over the world it price will increase because the high the demand which might be cause by people using bitcoin the higher the price. This is in line with Economic laws.
full member
Activity: 658
Merit: 106
January 29, 2018, 01:30:17 AM
#27
Does bitcoin value will increase in the future if more people decide to use it?

Of course yes, bitcoin value will depend on people who use to it, so if everyone use bitcoin the demand will increase in the future. And as long they user in bitcoin, it will retained value and potentially increase it's value.
Nfp
member
Activity: 168
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January 28, 2018, 09:25:13 PM
#26
Does bitcoin value will increase in the future if more people decide to use it?

Yes it is, the more users the higher it's price to be. And it's nearly possible to happen because of its continuously growing population of users which is a good factor of a constant increasing of its market value.
full member
Activity: 266
Merit: 111
January 28, 2018, 07:43:51 PM
#25
Bitcoin value will fluctuate or change in value regardless if more or less people will use it or not because it is the nature of bitcoin to pump and dump but maybe the demand has something to do in the future especially if time comes that the supply can no longer accomodate the current demand and the only solution is to increase the value sustain the needs of market.
hero member
Activity: 1078
Merit: 501
January 28, 2018, 10:06:59 AM
#24
Does bitcoin value will increase in the future if more people decide to use it?
Bitcoin will increase it's price if there are a lot of investors will come into bitcoin and HOLD it for a long term. For sure a lot of people will gain profit after it pump again and will make another ATH's. Bitcoin price is really unpredictable and we cannot say when it will pump or dump. No one can tell us exactly will happen with bitcoin. It will always depend on us and for those who still wants to have bitcoin in a new generations.
sr. member
Activity: 1988
Merit: 283
January 28, 2018, 05:52:18 AM
#23
Does bitcoin value will increase in the future if more people decide to use it?
for sure.  Which is if there's a massive adaption will made there's a big chance to increase its valued  or let we say the valued will reach the all time high again if that time happen. But depends of the demand of supply i guess.
sr. member
Activity: 2422
Merit: 357
January 28, 2018, 05:30:34 AM
#22
Its like a demand and supply relationship where if the demand is high and more people wants to buy bitcoin, the supply will eventually gets low and because of this, its price will increase. Its like also on the stock market where companies who sell most of their stocks has a higher value of stocks today than on its first launching. Bitcoin is limitted and soon, when all of the coins are mined , i think its price will goes high.
member
Activity: 112
Merit: 11
January 27, 2018, 05:44:32 PM
#21
Does bitcoin value will increase in the future if more people decide to use it?

If interest for Bitcoin increase and quantity remains the same, a value of Bitcoin will increase. But just to know, Bitcoin will trickle out every hour in small amounts if demand increases.
member
Activity: 362
Merit: 10
January 27, 2018, 05:19:25 PM
#20
Does bitcoin value will increase in the future if more people decide to use it?

It's because the demand of people are very high especially if governments will adopt it as payments online or commodity and i'm pretty sure that those miners are gaining big just because of popularity, Bitcoin is the future and all cryptocurrencies.
hero member
Activity: 1008
Merit: 510
January 27, 2018, 04:54:09 PM
#19
Does bitcoin value will increase in the future if more people decide to use it?

The more demand there is for Bitcoin, the higher the price will go. Demand can be due to using it as a form of payment, method of sending money, storeof value, or just as an investment for trading. As long as there is demand to use Bitcoin, it will retain value and potentially increase in value.
legendary
Activity: 3542
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January 27, 2018, 09:01:30 AM
#18
On paper, yes, but as what we've seen recently, the influx of bitcoin users alone wouldn't drive the price upwards that easily. There also needs to be some form of positive momentum built up for the bulls to do a massive push, and regular users alone wouldn't be able to achieve that. Price is dictated mostly by supply and demand, yes, but if the demand is weak, or the users don't have enough buying power, there'd be no significant push in the price even in the shortest time.
hero member
Activity: 3024
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January 27, 2018, 08:46:57 AM
#17
Most likely because that there's less and less of it everyday and over 80 percent of the bitcoins have been mined for, it'll keep growing in it's price. That's undoubtable.
What's less and less everyday? the supply? That's a factor that the price in future is likely going to increase so if you are holding, you may have an unexpected gain in the future. And the adoptions today are real so if people will never stop promoting and using bitcoin, we will see it soar high soon.
sr. member
Activity: 434
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January 27, 2018, 08:36:11 AM
#16
I think that the price of bitcoin does not depend on the number of people who use it. Most of the coins are in the hands of whales. Many millionaires who have invested part of their assets in bitcoin. Some of these people in the capitalization of bitcoin can be very large. The appearance or disappearance of one person can have more influence than the arrival of several thousand new users.
full member
Activity: 165
Merit: 101
January 22, 2018, 07:17:57 PM
#15
Rates are going to get higher because getting entry into cryptocurrencies are getting harder and harder. Many of my social friends that are getting into crypto now are asking people to sell them because they cannot buy using coinbase or related places. This is a sign that cryptocurrencies can get more and more valuable for this 1 factor.

Pal, as mentioned earlier, you do not have to buy a whole coin. put whatever you can  in and repeat. Don't listen to your social friends and certainly do not sell now. There are so many options to buy now it is insane, so many exchanges and platforms! Try not to look at the price daily, it can be quite nauseating but just remeber the lower the price it means bitcoin is on sale and you will get more for your money in the long run!
member
Activity: 140
Merit: 30
January 22, 2018, 07:03:20 PM
#14
Yes because the demand of bitcoin is based on people who invested their money on it, so it means more people who invest more demand supply will increase also.
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