The ideology of Bitcoin - page 3. | Bitcointalksearch.org

iv4n

legendary

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Quote from: KingsDen on August 13, 2021, 05:11:17 AM

Quote from: Yaunfitda on August 13, 2021, 04:53:48 AM

So bitcoin will remain if there is demand that will push the price to go higher.

Does the price really need to go that high for it to remain?
I believe it's a talk of volume as the price is somewhat ok within the range of $40k to $60k. If the price rises so high above $100k, it might scare many who will think it's too late away.

I don't think that higher prices can scare anyone! We have many people who start buying at higher prices (what do you think who bought the top at +$60k this time, and at $k20 in 2017?!)! If we can think about Bitcoin at $100k, then this would be a good moment for entering, after all, it's x2 your investment.

Bitcoin is an ideology because it's about economic freedom, about handling your own business on a decentralized platform, where all the rules are the same for everyone! Not just because the price is volatile and to many speculations... Bitcoin stands for something more than just a value, the value that is constantly rising is just a positive return to all early supporters!

Rainbow-queen

jr. member

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Quote from: KingsDen on August 13, 2021, 05:11:17 AM

Quote from: Yaunfitda on August 13, 2021, 04:53:48 AM

So bitcoin will remain if there is demand that will push the price to go higher.

Does the price really need to go that high for it to remain?
I believe it's a talk of volume as the price is somewhat ok within the range of $40k to $60k. If the price rises so high above $100k, it might scare many who will think it's too late away.

The price rises as more and more people recognize it, and it will be higher in the future.In the future, satoshis will be used as the unit, so it seems that the price will be'not high'.

KingsDen

legendary

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Goodnight, o_e_l_e_o 🌹

Quote from: Yaunfitda on August 13, 2021, 04:53:48 AM

So bitcoin will remain if there is demand that will push the price to go higher.

Does the price really need to go that high for it to remain?
I believe it's a talk of volume as the price is somewhat ok within the range of $40k to $60k. If the price rises so high above $100k, it might scare many who will think it's too late away.

Yaunfitda

hero member

Activity: 2870

Merit: 594

Technically though the last bitcoin will be mine by 2140, but we really don't know what will happen if bitcoin will go on and beyond infinity.

Just like any assets, there's a lot of opportunist in the market, buying when the price dips and then selling when the price is high. Greed only sets in if you still look for more profits and doesn't want to sell despite like having a 100% or even more ROI already. So bitcoin will remain if there is demand that will push the price to go higher.

mrongoz_imut

hero member

Activity: 1232

Merit: 500

The first ideology belongs to entrepreneurs who see Bitcoin as a tool and predict the use of Bitcoin applications that will drive adoption. What is clear is that bitcoin gives us freedom in all fields, we cannot deny that the presence of bitcoin makes us more comfortable to store our own assets without any third party. who can manage it..

Kong Hey Pakboy

member

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The only ideology that I believe is what truly bitcoin is, "be your own bank and banking the unbanked." That's the true goal of bitcoin in the first place, remove the middle man and deliver the transaction between the buyer and the seller directly.

KingsDen

legendary

Activity: 1288

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Goodnight, o_e_l_e_o 🌹

I stand to be corrected on this;
Without the interference of external forces (governments), bitcoin will last as long as humanity will exist.

See why I insinuate thus;
1. The volatility of bitcoin is a great feature that keeps it flourishing.
2. The volatility is induced by the act of buying and selling.
3. See the ideology; if bitcoin is on correction, there are millions of people seeing it as the best time to buy. Even if bitcoin crashes to $10,000 as many will be anguishing, some will also see it as a buying opportunity, hoping it will climb back to 40,000+.
4. So, in as much as humans remain;
a. Insatiable
b. Opportunists.
c. Risk takers
d. And maybe greedy.
Bitcoin will co-exist with humanity till infinity.

Topic: The ideology of Bitcoin - page 3. (Read 381 times)