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Topic: Let's make Bitcoin's Price Higher - page 6. (Read 1987 times)

newbie
Activity: 59
Merit: 0
September 12, 2017, 12:47:35 PM
#31
Yes, people are influencing the price swings. However, whales could make a huge impact for the price in minutes.
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
September 12, 2017, 12:44:46 PM
#30
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.
As a part of the user of Bitcoin , we could consider ourselves as a vital part of bitcoin development on its price, transaction and security which could take bitcoin in a better form of transaction. The best way to consider to do is to always support Bitcoin in dealing with transaction with the used of it and having investment with the used of Bitcoin.
legendary
Activity: 1918
Merit: 1728
September 12, 2017, 12:02:31 PM
#29
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.

The Bitcoin community isn't the whole you seeing on this forum. This forum is just a stratified sample of big Bitcoin user base all of the world.
You can't simply tell people here to buy Bitcoin for higher and raise prices! It is already multi-billion industry in its own.
I feel atleast Bitcoin can never be a prey to the pumping groups like small coins do. It grows or fall only on solid reasons and when majority of the users either start dumping or buying.
sr. member
Activity: 300
Merit: 250
September 12, 2017, 11:58:08 AM
#28
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.
Making bitcoin price higher while its technology is still weak is not a good idea. Since the transaction speed is still limited, it can not maintain the huge number of people. And as you know, the higher the price of bitcoin is, the more people will use bitcoin. Therefore, make bitcoin stronger first, then we will make the price increase
sr. member
Activity: 1988
Merit: 283
September 12, 2017, 11:03:56 AM
#27
Yes, we can make Bitcoin price up if we buy Bitcoin together and not sell it for long term. It's not just buying and selling that keeps the price up, but a lot of good news will boost Bitcoin prices.
Yes that true for short the more using bitcoin the more of chances that bitcoin price will go higher .cause btc value is depends on how many trader or investor that using bitcoin for their transaction. . So lets share this information about btc to convince them to use this currency so that it will rocketed in a high value in the future.   Grin
sr. member
Activity: 798
Merit: 251
Small Trader
September 12, 2017, 10:48:15 AM
#26
Yes, we can make Bitcoin price up if we buy Bitcoin together and not sell it for long term. It's not just buying and selling that keeps the price up, but a lot of good news will boost Bitcoin prices.
member
Activity: 84
Merit: 12
Block Hunting
September 12, 2017, 10:35:23 AM
#25
We all need to keep in mind that there can only ever be 21 Million coins and we are already over 16.5 Million coins.

On top of that we also have satoshi's  1.1 Million coins some say are "Dead coins" never to be seen on the network again and we also have a "Unknown" amount of dead coins that are lost forever.

As time goes on the price will come and go but we should all be holding as many coins as possible and not be drawn into this panic selling that is rife on the internet.

Buy Or Mine - Hold - Hold - Hold - Sell when YOU feel comfortable.

To make the price higher we need more wide spread scaling for every day use when we see this the sky is the limit...
hero member
Activity: 1708
Merit: 606
Buy The F*cking Dip
September 12, 2017, 10:29:55 AM
#24
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, the value of BTC depends on its usability in the real-life world and the adoption-rate of it by the people around the globe. Its price will increase dramatically if more people are going to buy/use it and integrate it in their daily lives. One thing that we can do as an individual is to spread word about it and help increase the awareness of our local community regarding BTC. It may take awhile but we'll gonna get there.  Grin
full member
Activity: 924
Merit: 148
September 12, 2017, 10:26:54 AM
#23
One more note: to increase btc price you need to increase demand constantly. Thet means that if you bought bitcoin then you  should use it (trade it, buy smth using this bitcoin etc.). If everyone will just buy bitcoin and hold it then you will just make a bubble that will "explode" pretty soon at the first correction.
sr. member
Activity: 435
Merit: 251
September 12, 2017, 10:22:24 AM
#22
If we look in Bitcoin price - https://coinmarketcap.com/currencies/bitcoin/, then we can see that Bitcoin price go up only this year. Before that, from 2013 and up, Bitcoin price was stable. So this mean that demand was so high, that Bitcoin price go up. It is possible that users start to buy Bitcoins, because Bitcoin max supply is only 21 000 000, currently in use we have 16 560 562 Bitcoins.
sr. member
Activity: 658
Merit: 251
September 12, 2017, 10:21:48 AM
#21
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.  Smiley
hero member
Activity: 1008
Merit: 515
September 12, 2017, 10:18:23 AM
#20
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.
full member
Activity: 322
Merit: 100
September 12, 2017, 10:11:48 AM
#19
Hello ! I think we can make a higher price somehow. buy bits, pay with tips for everything, but pay with bitcoins, we need to have shops or banks that accept payment with bitcoins, several atm
full member
Activity: 476
Merit: 101
September 12, 2017, 10:05:43 AM
#18
The only step i knew to be part of Bitcoin more success, was to spread all the good things about Bitcoin,

from my own household, to my friends and neighbors,

via social media, in my facebook account, twitter account and other forums.

The more people involve the more success are surely achieve.

sr. member
Activity: 378
Merit: 250
September 12, 2017, 10:04:55 AM
#17
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.

Yes of course you can contribute to make it higher by using it on a daily basis or when buying goods online that is payable of bitcoin because with that you are helping the economic growth of bitcoin even with a tiny bit of transaction.

Even though you didn't do a thing I think bitcoin will keep on increasing in price as it is a good platform and a revolutionary currency just wait for its 10 years anniversary as I believe that the price of it will surge on that date.
newbie
Activity: 36
Merit: 0
September 12, 2017, 09:51:25 AM
#16
Value of Bitcoin will go higher as the volume increase's and will stay stable. Currently, Bitcoin is just 1% in volume when compared with the stock market and price of Bitcoin is higher already and also had potential to grow large.
full member
Activity: 420
Merit: 106
September 12, 2017, 09:51:11 AM
#15
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.

as an individual you cant do anything just relax and wait.. but if we compare bitcoin to stocks more demands then the price is high.. less demand then the price is low... bitcoin is unpredictable in terms of price and demand..
hero member
Activity: 952
Merit: 500
September 12, 2017, 09:45:24 AM
#14
Bitcoin's price is mainly driven by the community support.Its price increases or decreases with variation in demand.Higher the demand,higher the price since supply is only limited to 21 million coins and it remains unchanged.Mass adoption of bitcoin all over the world could increase the demand for bitcoins and hence its price.We could try to spread the knowledge about bitcoin to our friends and all over the world by using social medias as there is no central board for bitcoin to advertise since its a decentralized currency.By this way,more companies would come forward to accept bitcoin as payment which would increase the credibility of bitcoin more.
full member
Activity: 260
Merit: 102
September 12, 2017, 09:33:24 AM
#13
Hmmm here we go with Economics 101 again Grin
You could google up "how is bitcoin's price determined" kind of a query to learn more on the subject in my humble opinion. At least before posting a topic here. I believe you got your answers though... If your father ain't a whale, you are not likely to change anything in btc economy.
legendary
Activity: 1288
Merit: 1000
September 12, 2017, 09:29:05 AM
#12
The only way to increase the bitcoin's value is to maximize its' usage if any government won't allow to use it on the state level.
It is not as much about government to let Bitcoin be used to pay taxes with it. We need more general adoption of big business.
Amazon, Apple, Google all kinds of technology giants - if they will accept bitcoin then the price will reach the moon.
Additionally - we all can influence Bitcoin price, even a little by spreading the words about it, tell your friends and family!
The more people know about Bitcoin the more will buy it and increased demand = higher price due to the limited supply of coins.
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