Let's make Bitcoin's Price Higher - page 5.

Smarty14392

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Quote from: Selly Arumsari on September 13, 2017, 10:09:25 AM

Quote from: suryati on September 12, 2017, 09:21:48 AM

Quote from: eternalgloom on September 12, 2017, 08:07:22 AM

The best way to get the price higher is to buy more Bitcoin and hold them, do not sell any of them.
One single person may not have any influence on the price by doing this, but together we do have some sort of impact.

yes I agree with you that the more buy and hold the coin in a certain period of time will make the price movement is increasing, in addition there is a limitation of bitcoin suply that I know only 21 million, as well as the market economy if the supply of coins is getting limited while the coin enthusiasts the more you want to have of course the price will increase.

of course you right, ussually we buying bitcoin and hold more. but how about other person sell their bitcoin its make bitcoin down again? so i think can make good there is balance between buy and sell in market just not buy

There should be maintaining a proper balance in buying and selling of bitcoins. Only this way market can stay stable. If people will keep holding bitcoins for long time and there will is no trading observed in the crypto market with bitcoins that may lead to the destruction of bitcoins.

Dudeperfect

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I don't think that we should do something to artificially boost the price of the Bitcoin. Let it happen naturally and mass awareness is the only option to keep the price level stable. We can practically pour money in Bitcoin to boost the price but again that would lead to another correction and price will fall to its natural level thus it is highly recommended to keep it as natural as possible. However, we can take efforts to stop further fall by improving awareness among the Bitcoin holders.

Casdinyard

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Quote from: Hydrogen on September 13, 2017, 04:31:10 PM

The basic rules of thumb are:

#1 When there are more buyers than sellers, the price will increase.

#2 When there are more sellers than buyers, the price will decrease.

#3 If the number of buyers and sellers are near to equal, the price will remain stable.

These are basics investors and traders use to predict which direction a price will move.

I agree on all you've mention.
This is timely now as the price is dropping and nobody really knows when and where it'll stop.
The supply and demand also impacted the price also and it's the same as the what mentioned above.
Price increases when there's a high demand and there's only limited in supply so if we want to increase the bitcoin price we should hold it. Actually, this is what china doing now, they made btc dump so they can buy at low and hold it and will make them it to hype. More than hoarding than holding.

IamDerick22

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This post is on time. Bitcoin's price is decreasing so great efforts are needed to stabilize the bitcoin' price now.

bettercrypto

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Quote from: IamDerick22 on September 12, 2017, 06:44:26 AM

I just wonder, where bitcoin depends its value/price.

Don't we have the power to make its value higher?

If we have, what can we do to make bitcoin's price become higher?

Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.

I believe a collective effort can make Bitcoin price higher if this effort meet certain requirements to make Bitcoin price to increase. It is either the money to use in coordinated bitcoin buying and gives demand more than the supply. Other stuff would be advertisement and spreading hype around the market and people believe in it. And being able to nullify FUD that will attempt to lower down the price of Bitcoin. If we cannot do this then we will fail to make Bitcoin price higher.

AtraxPool

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Quote from: webdevmastery on September 14, 2017, 04:26:18 PM

Quote from: IamDerick22 on September 12, 2017, 06:44:26 AM

I just wonder, where bitcoin depends its value/price.

Don't we have the power to make its value higher?

If we have, what can we do to make bitcoin's price become higher?

Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.

Well it will be depending on the supply and demand of the current coin, If you want to make it higher then probably just buy all the coins and hold it for a very long time till the supply will decrease then the cost of the coin will increase. Just work on campaigns if you want to earn more bitcoins.

This did not help the situation. I would be surprised if VIABTC was the next one to announce closing there exchange too.

https://twitter.com/YourBTCC/status/908285586368167936

China is causing the price drop and we have already seen large amounts of coins being dumped on the market which is causing this price reversal.

I would not be surprised if china banned bitcoin and only bitcoin cash was legal there.

Who knows.. The crypto world is in chaos!

webdevmastery

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Quote from: IamDerick22 on September 12, 2017, 06:44:26 AM

I just wonder, where bitcoin depends its value/price.

Don't we have the power to make its value higher?

If we have, what can we do to make bitcoin's price become higher?

Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.

Well it will be depending on the supply and demand of the current coin, If you want to make it higher then probably just buy all the coins and hold it for a very long time till the supply will decrease then the cost of the coin will increase. Just work on campaigns if you want to earn more bitcoins.

Oilacris

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Quote from: Bolt Brownie on September 14, 2017, 08:33:22 AM

Quote from: Josepht on September 12, 2017, 09:18:23 AM

Before we all are going to get hyped up about the price, let's concider first wheter or not we would want to have a higher price.

A higher price simply means that the transaction fees are going to be higher, and that it becomes progressively harder for newbies to join in.

I think that it is desirable that the bitcoins price is stable. If the price is stable, bitcoin becomes more attractive for new persons to join in, and the transaction fees don't become so extremely high.

I don't think that will ever happen. You cant define a price for bitcoin, it depends on it's marketcap, and since the coins are limited it's price will continue to rise if people continue to buy. Bitcoin is attractive as a product and as a concept and we want people to realize that, and we want that everyone continues to buy them. The price will be stable once all coins are distributed and people starts using bitcoin as a way to trade goods and not as a way to trade fiat.

Price of bitcoin wont really be ever stable even it is being distributed completely on its entire supply it doesnt mean that it would fix its value.No it really wont and thinking off that the last bitcoin would be mined would happen on 2100+ year which means we are all dead on those years for sure.If all coins been mined but the demand is still high then price will really be valuable even more even owning some small satoshis would be already have a good cost.

Bolt Brownie

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Quote from: Josepht on September 12, 2017, 09:18:23 AM

Before we all are going to get hyped up about the price, let's concider first wheter or not we would want to have a higher price.

A higher price simply means that the transaction fees are going to be higher, and that it becomes progressively harder for newbies to join in.

I think that it is desirable that the bitcoins price is stable. If the price is stable, bitcoin becomes more attractive for new persons to join in, and the transaction fees don't become so extremely high.

I don't think that will ever happen. You cant define a price for bitcoin, it depends on it's marketcap, and since the coins are limited it's price will continue to rise if people continue to buy. Bitcoin is attractive as a product and as a concept and we want people to realize that, and we want that everyone continues to buy them. The price will be stable once all coins are distributed and people starts using bitcoin as a way to trade goods and not as a way to trade fiat.

AtraxPool

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Quote from: Konthol Ngaceng on September 14, 2017, 07:43:52 AM

To make expensive bitcoin prices, of course we must continue to buy and never sell. now the price has dropped below $ 4000 and this is the best opportunity for us to get profit if we immediately buy.

Or not if this is the crash that has been predicted for a while now, I think the bubble is close to being popped soon.

Shorts at the ready...

Konthol Ngaceng

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To make expensive bitcoin prices, of course we must continue to buy and never sell. now the price has dropped below $ 4000 and this is the best opportunity for us to get profit if we immediately buy.

AtraxPool

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Really great job on this.. The price has been falling since it was posted

Top effort sir..

Hydrogen

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The basic rules of thumb are:

#1 When there are more buyers than sellers, the price will increase.

#2 When there are more sellers than buyers, the price will decrease.

#3 If the number of buyers and sellers are near to equal, the price will remain stable.

These are basics investors and traders use to predict which direction a price will move.

player514

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Quote from: deejhay on September 13, 2017, 09:54:38 AM

If you could convince more people to switch to bitcoin then yes, we could probably make the price of bitcoin higher. Support from many user is what will make btc price to rise.

To raise the price we would need a lot more users of Bitcoin and a lot more people buying in. I'm not 100% sure if we can get that many people just as forum members here.

I think BTC will stabilize soon but if people sell when BTC hits 4000 again, it'll drop depending on how many people sell. If people hold, we can maybe expect more growth.

joganuts

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Quote from: Red-Apple on September 12, 2017, 07:44:46 AM

most probably nothing you can do as an individual would make that big a difference whether to increase or decrease the price of bitcoin.
it is the demand that will help raise the price higher.

if you can do anything to help the adoption then that is a different story but most people won't be able to do more than simply "spread the word". which is good but it is not enough for what you have in mind.

It is the oppostie lf that thing because as a people who contribute to used Bitcoin as a source of investments or a mode of transaction , it could be a vital part for Bitcoin to experience development and growth to its price. So the thing on us making Bitcoin price is is actually true to the point that we usually used Bitcoin and support its system in terms of transaction and investments.

Selly Arumsari

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Quote from: suryati on September 12, 2017, 09:21:48 AM

Quote from: eternalgloom on September 12, 2017, 08:07:22 AM

The best way to get the price higher is to buy more Bitcoin and hold them, do not sell any of them.
One single person may not have any influence on the price by doing this, but together we do have some sort of impact.

yes I agree with you that the more buy and hold the coin in a certain period of time will make the price movement is increasing, in addition there is a limitation of bitcoin suply that I know only 21 million, as well as the market economy if the supply of coins is getting limited while the coin enthusiasts the more you want to have of course the price will increase.

of course you right, ussually we buying bitcoin and hold more. but how about other person sell their bitcoin its make bitcoin down again? so i think can make good there is balance between buy and sell in market just not buy

kucritt

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hmm i think we cant "play" bitcoin price, i think we need big big big money to pump or dump bitcoin price, its like in cryptocurrencies, some trader do pump and dump to "play" cryptocurrency price, but they must have big money to do it, if cryptocurrency need big bitcoin, i think pump or dump bitcoin need more than big money

deejhay

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for future

If you could convince more people to switch to bitcoin then yes, we could probably make the price of bitcoin higher. Support from many user is what will make btc price to rise.

Koadharber

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Quote from: IamDerick22 on September 12, 2017, 06:44:26 AM

I just wonder, where bitcoin depends its value/price.

Don't we have the power to make its value higher?

If we have, what can we do to make bitcoin's price become higher?

Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.

Whats the reason behind its price? Then its just simply on the demand.If theres more demand then value would increased if theres less interest then expect price would go down.Its just a simple economic subject on here.As a bitcoin user i do really believe that we are really doing our best as we can on spreading the awareness of bitcoin and speeding up the adoption so that demand would rise so as on its value to but there are really instances which do really affects and make it decrease.Its not easy to move bitcoins price,if you do have trillions of money then its possible. Grin

1NV3ST0NM3

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Bitcoin can be said to be a commodity and just like any other commodity its prices is decided by the mix of demand and supply. The reason its price is surging is due to its limited supply and infinite demand. Just you or a handful of people can never increase its value that much. If it was this easy to manipulate bitcoin we might never have used it as a uniform system of trading

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