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Topic: The cost of bitcoin grows - page 2. (Read 295 times)

jr. member
Activity: 322
Merit: 1
July 22, 2018, 07:15:35 AM
#10
Bitcoins supply is limited but its demand is too much high. That’s why its price increases gradually. Bitcoin transactions are occurring in many countries but some peoples are saying bitcoin will die.
newbie
Activity: 336
Merit: 0
July 22, 2018, 01:49:45 AM
#9
The world is changing and so is bitcoin. I'm enlightened to see the price of bitcoin right now. I hope it will grow more further.
hero member
Activity: 1232
Merit: 503
July 20, 2018, 10:29:30 AM
#8
Yes I was very surprised that bitcoin for half an hour added almost $ 600, and I think it's a sign, the wound is coming to life and now there will be big infusions of money in bitcoin and it will continue its rapid growth
rapid growth = crash. remember what happens on january do you want that to happen again i prefer bitcoin will grow slowly it would hurt us alot more if that crash happens again.

And involving the cost for bitcoin or in my understanding I really think if you are referring to the fees of bitcoin right now it is sure are increasing.
the transaction fees would decrease alot if people use segwit even better if they use lightning network.
hero member
Activity: 980
Merit: 500
July 20, 2018, 09:20:49 AM
#7
Well most of that decrease was because of the correction and the recent crash was because of the news referring the incident regarding the Cryptocurrency exchange in South Korea had been hacked by some unknown individuals, Well on your statement with the recent value of bitcoin I really think the price will keep on doing that, And involving the cost for bitcoin or in my understanding I really think if you are referring to the fees of bitcoin right now it is sure are increasing or if you are referring with the mining it is always affected the value of bitcoin each time another block was found or the resource needed towards it increases.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
July 20, 2018, 09:20:23 AM
#6
The market capitalization of the crypto currency, which reflects the aggregate value of all bitcoins in circulation, was $ 105 billion.

Earlier, at least 2018 was recorded on February 6, when the value of the digital currency dropped to $ 6048. The last time the bitcoin rate fell below $ 6000 last year - October 29, when its value reached $ 5724.
Bitcoin fell this july down to $5,890 so your trivia miss this.

Today bitcoin sitting at $7,479 and continue to grow little by little

Yes I was very surprised that bitcoin for half an hour added almost $ 600, and I think it's a sign, the wound is coming to life and now there will be big infusions of money in bitcoin and it will continue its rapid growth
Bitcoin gain more than $1,000 in just 24 hours things that all of us take enjoying the fast grow,

And the faster it grows couple of days ago,but now it almost stops growing
member
Activity: 252
Merit: 10
July 19, 2018, 11:36:48 AM
#5
Yes I was very surprised that bitcoin for half an hour added almost $ 600, and I think it's a sign, the wound is coming to life and now there will be big infusions of money in bitcoin and it will continue its rapid growth
newbie
Activity: 211
Merit: 0
July 19, 2018, 11:03:30 AM
#4
The market capitalization of the crypto currency, which reflects the aggregate value of all bitcoins in circulation, was $ 105 billion.

Earlier, at least 2018 was recorded on February 6, when the value of the digital currency dropped to $ 6048. The last time the bitcoin rate fell below $ 6000 last year - October 29, when its value reached $ 5724.
Yes it does. Because bitcoin has limit to mine. So the price will increase because the value also increases. This is one reason also why bitcoin will continue to live on contrary to many negative people are saying that it will die.
member
Activity: 228
Merit: 10
July 19, 2018, 10:56:23 AM
#3
The market capitalization of the crypto currency, which reflects the aggregate value of all bitcoins in circulation, was $ 105 billion.

Earlier, at least 2018 was recorded on February 6, when the value of the digital currency dropped to $ 6048. The last time the bitcoin rate fell below $ 6000 last year - October 29, when its value reached $ 5724.
It is so lucky to see those fluctuations right now because we can enter the new era of world economy right now and see the changes and transfers with our own eyes, it is amazing for me after all.
member
Activity: 672
Merit: 12
July 19, 2018, 09:14:51 AM
#2
Welcome to forum.
I think you want to discuss about the growth in mining cost of bitoin.  Due to inflation ; cost of  each and every commodity and service rises.  If due to inflation the input cost increases; definitely it will have effect on the output cost.
Here input of bitcoin mining is electricity; internet charges ; computers; land and also the wages of the miner.  So if electricity cost; internet charges will increase it will push up the cost of mined bitcoin.
Also the person engaged in mining; needs basic requirements which he has to buy at increased cost due to inflation .  So this also will add to higher bitcoin price.
newbie
Activity: 1
Merit: 0
July 19, 2018, 07:27:43 AM
#1
The market capitalization of the crypto currency, which reflects the aggregate value of all bitcoins in circulation, was $ 105 billion.

Earlier, at least 2018 was recorded on February 6, when the value of the digital currency dropped to $ 6048. The last time the bitcoin rate fell below $ 6000 last year - October 29, when its value reached $ 5724.
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