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Topic: Why Bitcoin cannot drop in price (Read 3758 times)

newbie
Activity: 1
Merit: 0
September 06, 2017, 11:14:44 AM
#98
The high level of demand for bitcoin may not last forever. Why invest money in something than you don't use and that has no capitalization. If you will not develop trade with bitcoin we may be witnessing the collapse of bitcoin.

Totally agree with you. The value of currency remains intact/better, the more its in circulation the better it is valued.
full member
Activity: 145
Merit: 100
Blocklancer - Freelance on the Blockchain
September 06, 2017, 10:49:33 AM
#97
bitcoin will go down in price for the whole time, but do not worry because bitcoin will soon rise in price because it's commonplace.
newbie
Activity: 4
Merit: 0
September 06, 2017, 10:33:40 AM
#96
I saw a video that the price of the bitcoin will not drop because there are only 21million of bitcoin that can be earn or can be mine so that demand is increasing . There are only 6million left to mine . The demand of bitcoin is increasing, there is also so many investor who are investing in bitcoin that they believe that the price of the bitcoin will not drop .
full member
Activity: 378
Merit: 100
September 06, 2017, 10:06:31 AM
#95
I think bitcoin prices have not decreased because there are still many buy bitcoins, bitcoin prices depend on demand in the market, bitcoin prices could rise if more sell bitcoin than those who buy bitcoin
member
Activity: 112
Merit: 10
September 06, 2017, 09:53:15 AM
#94
many use bitcoin to earn a huge income, because they think bitcoin will not go down in price.
full member
Activity: 434
Merit: 103
Thinking on the higher plane of existence.
September 06, 2017, 09:48:37 AM
#93
Bitcoin's price and value are designed to grow over time With the growing volume of Bitcoin transactions on a daily basis, the limited amount of Bitcoin supply, and the decreasing amount of Bitcoin printed by the system every ten minutes (especially since July 10), the price of Bitcoin will certainly continue to climb in the future.
I think bitcoin’s price cannot be dropped because if it happens many people will withdraw their investments, because in this world everyone invest his capital for earnings and not for losing and just holding anything without profit.

The value and usability will widely effect of bitcoin if the price falls down. And it is also natural that when the demand rise the more bitcoin sells in the market the price will go up.
Actually the price of bitcoin could drop instantly because it is directly affected by traders , as I see bitcoin this week, the price of bitcoin went up to $5000 then become $ 4300 the next morning, the reason behind this is that many traders/ holders set a bar that if the price of bitcoin went up to $5000 they will sell it and many traders have this kind of mindset and as a result bitcoin price goes down
full member
Activity: 242
Merit: 100
September 06, 2017, 09:46:08 AM
#92
i also hope btc drop in price, then i will buy some back cause i have lost most of my btc
full member
Activity: 168
Merit: 100
September 06, 2017, 09:29:53 AM
#91
Basically its all because of the increase in demand today. And the increased in demand is due to the popularity of Bitcoin now that people are being interested into it.
full member
Activity: 154
Merit: 100
September 06, 2017, 09:09:54 AM
#90
because bitcoin is first, then there are the developers who managed it carefully and more people are getting in so price will continue to rise.
full member
Activity: 237
Merit: 100
September 06, 2017, 06:58:18 AM
#89
actually bitcoin can dropped in price but not totally big just little dropped because sometime my friends convert their bitcoin in to money and when they convert its good but the other day they did not expected that the price of bitcoin become higher for what they expected and they shady for that because of huge increase of bitcoin price.
full member
Activity: 1470
Merit: 105
👉bit.ly/3QXp3oh |🔥Launchpad on TON
September 06, 2017, 06:47:38 AM
#88
because bitcoin is already very popular and widely used by people, so bitcoin price is hard to go down, as more and more use it also increases the selling price of these products, just as bitcoin more and more are interested in bitcoin prices will go up rather than increasingly decreased
legendary
Activity: 1232
Merit: 1029
September 06, 2017, 06:36:49 AM
#87
Bitcoin's price and value are designed to grow over time With the growing volume of Bitcoin transactions on a daily basis, the limited amount of Bitcoin supply, and the decreasing amount of Bitcoin printed by the system every ten minutes (especially since July 10), the price of Bitcoin will certainly continue to climb in the future.
I think bitcoin’s price cannot be dropped because if it happens many people will withdraw their investments, because in this world everyone invest his capital for earnings and not for losing and just holding anything without profit.

The value and usability will widely effect of bitcoin if the price falls down. And it is also natural that when the demand rise the more bitcoin sells in the market the price will go up.
full member
Activity: 126
Merit: 100
September 04, 2017, 11:30:32 AM
#86
Bitcoin's price and value are designed to grow over time With the growing volume of Bitcoin transactions on a daily basis, the limited amount of Bitcoin supply, and the decreasing amount of Bitcoin printed by the system every ten minutes (especially since July 10), the price of Bitcoin will certainly continue to climb in the future.
hero member
Activity: 644
Merit: 500
July 25, 2017, 10:57:50 PM
#85
Why Bitcoin cannot drop in price?? i think because support of community, evan a shit coins
cannot drop if they have a big suppot like Chaincoin Grin
full member
Activity: 938
Merit: 137
July 25, 2017, 07:27:09 PM
#84
Fluctuations of the bitcoin course, including those that are scanty and lasting, have been and will be. However, as I believe, in general, his course will continue to grow for a long time, since he has not yet used his resource and continues to enlist the support of a growing number of the society. In this regard, the demand for bitcoin is growing, which means that it will grow in price.
full member
Activity: 211
Merit: 100
July 11, 2017, 09:42:38 AM
#83
as a newbie and new to this i think because people or community is backing up bitcoin.

Bitcoin is valuable because of its popularity. As more and more people use and accept payment by bitcoin, its value is constantly increasing over time.The value of bitcoin always depends on the number of users, just like social networking sites, whether they grow or not depends on the number of users.

I do not agree when you say that its value increases continuously over time, its value is constantly changing and depends on the needs of the market, and now its value is rapidly declining. , It is also affecting a lot of altcoins.
sr. member
Activity: 602
Merit: 250
July 11, 2017, 09:39:48 AM
#82
as a newbie and new to this i think because people or community is backing up bitcoin.

Bitcoin is valuable because of its popularity. As more and more people use and accept payment by bitcoin, its value is constantly increasing over time.The value of bitcoin always depends on the number of users, just like social networking sites, whether they grow or not depends on the number of users.
hero member
Activity: 756
Merit: 500
July 11, 2017, 09:35:31 AM
#81
I think bitcoin can not be discounted is unpredictable. No one can predict the future of btc. In the past its value has been very stable and continuously increasing in recent times it is decreasing because btc has attracted a large amount of dollars like ero or. Btc tends to decrease.
For me bitcoin price actually is volatile it is desired as unstable price. We could not predict it until what price will drop as long there is demand of bitcoin that it will stands firm. Bitcoin definitely wont drop instantly because of many invested in it and I believe it will continously increasing.
Your first statement contradicts your last statement. You said that bitcoin price is volatile while you stated on the last part of your past that Bitcoin price will not drop instantly which is far from the meaning of being volatile. Bitcoin price surge in an instant and there is a high possibility to the opposite result will occur any moment.

Hmm, why do you blame each of her words. This is not a subject to give us many advantages, it is our obligation to give some input so that they can understand more about all the things that are going on. So, it would be much better that you figure out how much larger can and bitcoin provides many benefits for us. Because the fluctuating price of bitcoin is very different from the others, so we must always be smart in choosing.
 
sr. member
Activity: 406
Merit: 253
July 11, 2017, 09:31:25 AM
#80
Why should it drop in price if there are more and more people add to this system.Its value is increasing instead of dropping.
It's not just the number of people, but also the weight of the investment made by them. To attract more serious investors, Bitcoin needs to establish itself as a safe store of value.
The involvement of wealthy investors in bitcoin will lead to an increase in speculative operations. This leads to constant changes in price of bitcoin and scares newcomers. I wish bitcoin had more small investors than whales.
jr. member
Activity: 37
Merit: 10
July 11, 2017, 09:26:19 AM
#79
Why should it drop in price if there are more and more people add to this system.Its value is increasing instead of dropping.
It's not just the number of people, but also the weight of the investment made by them. To attract more serious investors, Bitcoin needs to establish itself as a safe store of value.
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