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Topic: there is always money moving (Read 2524 times)

sr. member
Activity: 381
Merit: 250
July 14, 2017, 07:28:57 PM
#33
Money moves must exist as long as there is still sale and purchase transactions electricity bills and others. But the question is what can change the price of bitcoin. I do not think that will happen unless there is a lot of high market demand

What are you talking about man? We saw 200 dolars just 2 years ago and 7 years ago somebody saw just '50 cents'  Shocked
hero member
Activity: 1540
Merit: 507
July 09, 2017, 10:04:11 PM
#32
And it is still moving. When money is used as an investment or trading tool, it has to move. Movement is what keeps a value.

Imagine a world where all currencies, even crypto, remain at the same level.........always.
THe movement of the money keep the economic still goes for smoothly, but in the old century the human had not used the money to be the main currency, but the gold is the real currency in the world, fiat just a paper and you can try to print it anytime.
sr. member
Activity: 672
Merit: 253
CryptoTalk.Org - Get Paid for every Post!
July 09, 2017, 09:59:22 PM
#31
Money moves must exist as long as there is still sale and purchase transactions electricity bills and others. But the question is what can change the price of bitcoin. I do not think that will happen unless there is a lot of high market demand
sr. member
Activity: 406
Merit: 251
July 09, 2017, 08:38:10 PM
#30
Money moves I think it's normal, because many transactions between users one to other users, but it does not affect the price of bitcoin, bitcoin will remain that way but if market demand continues to increase I think bitcoin will increase, but we wait Now is not the time, maybe a few months ahead
sr. member
Activity: 378
Merit: 250
July 09, 2017, 08:35:00 PM
#29
don't be put off by the current price of bitcoin.
it goes up, because there is money moving, and there always will be.



Happy New Year.
You may want to fix up that image because no one can actually view it.

But right now, I think the price is great. It is sitting at US$2400. Demand is continuing to grow with the media attention that Bitcoin is attaining and supply will continue to fall with the halving. It looks like bitcoin is in for a decent price hype in the future.

Especially if developers get behind SegWit on August 1 when the hard fork occurs.

Plus money is moving like you said. The fact that Bitcoin is being used as investment and trading advocates that it had to move. Thus, it retains it value.
newbie
Activity: 70
Merit: 0
July 09, 2017, 06:14:22 PM
#28
And it is still moving. When money is used as an investment or trading tool, it has to move. Movement is what keeps a value.

Imagine a world where all currencies, even crypto, remain at the same level.........always.
sr. member
Activity: 714
Merit: 250
July 09, 2017, 02:57:12 AM
#27
don't be put off by the current price of bitcoin.
it goes up, because there is money moving, and there always will be.



Happy New Year.
The money from bitcoin will be kept secret only by a new owner. But when you trade with anyone, money is always passed from one person's example to another. Bitcoin will help you make a lot of real money.
sr. member
Activity: 381
Merit: 250
July 09, 2017, 02:45:08 AM
#26
I think I recall hearing that some companies like Overstock.com were actually keeping and not selling at least some of the bitcoin they got from sales.  I think the biggest detriment to btc value is the inherent fear and uncertainty caused by the crooks who do various crimes rather it be Mt Gox or just hacking a weak password.  There are failures on multiple levels and the responsibility is on the shoulders of users, website managers, business owners, bitcoin devs, etc.  But really, if bitcoin were really secure from inception then we wouldn't have any of these problems.  Maybe some other currency that is user friendly and secure will supplant bitcoin.  It's really not that far fetched even though bitcoin has it's followers it also has pretty severe flaws.

Bitcoin is not secure? Bullshit. Computers are not secure, if you lost control of your computer, do not blame bitcoin, blame yourself. If you lost control of you computer, hacker gets all the data you own, including bitcoin keys if you happen to have them. He also gets your uncle Tom's wedding photos which you kept on the compromised machine, does it make jpg insecure?

That's right, money moves on, Bitcoin gets more valuable day by day; but it's also getting harder to make our PCs safe...
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
January 08, 2015, 05:58:38 PM
#25
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

But if the price reaches around 250, then that won't be a big problem, as the miners would not be profitable, and some of them will chose to shutdown their operation, until bitcoin price comes back up.

I believe they'll keep on mining. Electricity bills aren't so high. If BTC's price drops to $100, that'll be a real problem, but $250 is fine.
dont forget that difficulty is increasing really fast. next increasing it will grow by 13 percent

When that's supposed to happen? Not in the coming weeks, I believe.
member
Activity: 97
Merit: 10
January 07, 2015, 05:45:26 PM
#24
I think I recall hearing that some companies like Overstock.com were actually keeping and not selling at least some of the bitcoin they got from sales.  I think the biggest detriment to btc value is the inherent fear and uncertainty caused by the crooks who do various crimes rather it be Mt Gox or just hacking a weak password.  There are failures on multiple levels and the responsibility is on the shoulders of users, website managers, business owners, bitcoin devs, etc.  But really, if bitcoin were really secure from inception then we wouldn't have any of these problems.  Maybe some other currency that is user friendly and secure will supplant bitcoin.  It's really not that far fetched even though bitcoin has it's followers it also has pretty severe flaws.

Bitcoin is not secure? Bullshit. Computers are not secure, if you lost control of your computer, do not blame bitcoin, blame yourself. If you lost control of you computer, hacker gets all the data you own, including bitcoin keys if you happen to have them. He also gets your uncle Tom's wedding photos which you kept on the compromised machine, does it make jpg insecure?
sr. member
Activity: 294
Merit: 250
January 07, 2015, 02:55:42 PM
#23
... But really, if bitcoin were really secure from inception then we wouldn't have any of these problems.  Maybe some other currency that is user friendly and secure will supplant bitcoin.  It's really not that far fetched even though bitcoin has it's followers it also has pretty severe flaws.

That's the responsibilty aspect of being your own bank, as it were. If Bitcoin's price becomes more stable due to widespread adoption and it is used as a store of wealth, which I believe was one of Satoshi's main intentions, then we will have to know how to secure it ourselves and be responsible for our own wealth.

I don't think it's particurlarly hard to keep most of your BTC in an encypted offline wallet, whether it's backed up on paper or on multiple media (paper, SD card, USB drive etc.), and the younger generation would have no problem in doing this, I expect.

To pick out arbitrary figures - say you owned 100 BTC: you'd keep 90 BTC in cold storage, 7 to 8 BTC on a secure computer just used for signing transactions and 2 to 3 BTC in your online PC/smartphone wallet for everyday purchases and bills. This is how I could see it working for the younger generation of Bitcoiners. If they could afford 100 BTC, of course  Cheesy
sr. member
Activity: 378
Merit: 250
January 07, 2015, 02:18:54 PM
#22
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

But if the price reaches around 250, then that won't be a big problem, as the miners would not be profitable, and some of them will chose to shutdown their operation, until bitcoin price comes back up.

I believe they'll keep on mining. Electricity bills aren't so high. If BTC's price drops to $100, that'll be a real problem, but $250 is fine.
dont forget that difficulty is increasing really fast. next increasing it will grow by 13 percent
Q7
sr. member
Activity: 448
Merit: 250
January 04, 2015, 08:42:13 AM
#21
Is there something special for 66.96 or 66.97 BTC? Most of these transactions goes around 66.96 BTC, why?

It could be the same person transferring the amount from one of his main address to other addresses of his own where he splits the amount equally. I have seen the same thing being done to one of the top bitcoin address. Not sure what is the motive though. It's just some same ol people moving the stash around.
sr. member
Activity: 434
Merit: 250
January 04, 2015, 06:57:31 AM
#20
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

But if the price reaches around 250, then that won't be a big problem, as the miners would not be profitable, and some of them will chose to shutdown their operation, until bitcoin price comes back up.

I believe they'll keep on mining. Electricity bills aren't so high. If BTC's price drops to $100, that'll be a real problem, but $250 is fine.

i won't stop mining, price may well get very very low but the way i see it... there is more potential adopters out there and all it would take is a big pile of money to take that price up again... all the talk about the mtgox false high isn't a concern for me as long as the potential is still there, which it is.
legendary
Activity: 3066
Merit: 1047
Your country may be your worst enemy
January 03, 2015, 07:19:41 PM
#19
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

But if the price reaches around 250, then that won't be a big problem, as the miners would not be profitable, and some of them will chose to shutdown their operation, until bitcoin price comes back up.

I believe they'll keep on mining. Electricity bills aren't so high. If BTC's price drops to $100, that'll be a real problem, but $250 is fine.
legendary
Activity: 2296
Merit: 1031
January 03, 2015, 03:57:28 PM
#18
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

the problem is also that the same buyers are not buying more, but the same miners are always dumping more
With merchants also always selling straight out. Its a viscous circle. If people want the price to rise they need investment money pouring in.   

I think I recall hearing that some companies like Overstock.com were actually keeping and not selling at least some of the bitcoin they got from sales.  I think the biggest detriment to btc value is the inherent fear and uncertainty caused by the crooks who do various crimes rather it be Mt Gox or just hacking a weak password.  There are failures on multiple levels and the responsibility is on the shoulders of users, website managers, business owners, bitcoin devs, etc.  But really, if bitcoin were really secure from inception then we wouldn't have any of these problems.  Maybe some other currency that is user friendly and secure will supplant bitcoin.  It's really not that far fetched even though bitcoin has it's followers it also has pretty severe flaws.
legendary
Activity: 1512
Merit: 1012
January 03, 2015, 03:15:15 PM
#17
 Cheesy i'm happy that 66 BTC pay tax for each ... moving fund.
not like in real world (0 tax for wall-flux).
member
Activity: 70
Merit: 10
January 03, 2015, 12:59:37 PM
#16
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

the problem is also that the same buyers are not buying more, but the same miners are always dumping more
With merchants also always selling straight out. Its a viscous circle. If people want the price to rise they need investment money pouring in.   
legendary
Activity: 3248
Merit: 1070
January 03, 2015, 12:54:45 PM
#15
Some money's moving but it's only normal, the real worry is that the supply may be growing too fast. 4,000 BTC are added each day, that's a lot!

Yes, that is the problem. And the supply is ALWAYS growing, even at times when there's no real demand.

the problem is also that the same buyers are not buying more, but the same miners are always dumping more
legendary
Activity: 896
Merit: 1000
January 03, 2015, 12:42:09 PM
#14
Yeah,it's weird that the on-chain transaction have grown up a lot in 2014 while the development of the Bitcoin is just on the start.
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