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Topic: Why do you want high price of bitcoin after all? - page 11. (Read 2112 times)

newbie
Activity: 84
Merit: 0
The scaling problem of bitcoin has been there since bitcoin was only $1000 of course with it's growing adoption and growing user number. This is inevitable to happen but the devs and it's community compromise to implement an solution called lightning network. And there is nothing bad in hodling bitcoin because the truth is we all want to make profit that's why we invested in bitcoin.
Yes, I agree with you bro. All investors in bitcoin have their common goal, which is to gain more profits from their investments and its normal. We know that the price of bitcoin changes anytime, and nowadays we actually see its downtrend price. That's why investors also wanted a high price, because its a big loss of their investments if ever it wont rise again.
jr. member
Activity: 135
Merit: 5
I think we all have our own reasons why we use bitcoin. First of all, there are people who ahave serious relationship with bitcoin, they use bitcoin because of its decentralization, anonymity, and fast transactions. Some buy bitcoin because they take advantage of its volatility. And I think that is just all right. We have our own reasons why we do this and we have our own rights.

I want high price of bitcoin so that i can start trading on my bitcoin and to exchanging it into fiat money and because i want to have a huge profit.its doesn't mean that it is called selfishness because all of us want that high price too and i think those selfish people they are those kind of people didn't contented with what they have like those greedy people but i am not like and i don't want to be like that kind of attitude.
jr. member
Activity: 217
Merit: 1
The price of bitcoin matters very much, it determines everything people have invested in them.
Price growth signifies success and potential. With bitcoin's case, when prices soared and hit that
$20k sweet spot it changed people's perspective about bitcoins. Originally viewed as a currency
with a goal to help eliminate transaction traffic by offering faster services with it's mind-blowing
innovative block chain technology. But when it was seen that it could reach massive profitable
growth, people saw it as an asset, commodity, an ideal investment to cash on. That's why bitcoin's
prices matter and this is bitcoins well renowned reputation today.
full member
Activity: 244
Merit: 101
I think we all have our own reasons why we use bitcoin. First of all, there are people who ahave serious relationship with bitcoin, they use bitcoin because of its decentralization, anonymity, and fast transactions. Some buy bitcoin because they take advantage of its volatility. And I think that is just all right. We have our own reasons why we do this and we have our own rights.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
You are in a good point now, when bitcoin have a big value, altcoin increase too. Invest some on btc and altcoin is a good way.
I am sure you did not read the OP's post even after begging you guys not to spam. The main essence here is that the perception of people about bitcoin being more of a speculative asset has even caused more problem for some, serious FOMO and great panic along the line. It would have been nice seeing an organic growth for bitcoin and not just a growth fueled by speculation and greed but I guess we cannot just stop having that, can we ?

You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
No. I am not selfish. But I want much higher prices for bitcoins because higher prices alone will make more people to come forward to adopt it. Higher price and more adoptions are chain reactions. Hence I want more higher prices for bitcoins.
sr. member
Activity: 1400
Merit: 269
The scaling problem of bitcoin has been there since bitcoin was only $1000 of course with it's growing adoption and growing user number. This is inevitable to happen but the devs and it's community compromise to implement an solution called lightning network. And there is nothing bad in hodling bitcoin because the truth is we all want to make profit that's why we invested in bitcoin.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
Because I have many bitcoins, if all of them worth 100 000, i'm rich
sr. member
Activity: 1162
Merit: 251
if bitcoin is low price then so difficult to earn big profits and all altcoin going down like now im still holding hopping bitcoin will be rise up again then all altcoin will be pump again
Yeah youre right.But the big reason why I like bitcoin to make it higher price its because all altcoins will be independent of bitcoin as I have notice in coinmarket cap.

If the price of the bitcoin is high the more profit you get. A lot of traders have been waiting the price of bitcoin peak high to gain more profit in their investment. Because of the high price of bitcoin many traders are now rich in a short period of time and thats the reason why we want high price of bitcoin. Hopefully the price of the bitcoin will stable at the high price for our better future.
actually the one that is worth the price increase is the holder or older users because they already have a lot of bitcoins in their wallets so they are very waiting and really want the high price to happen, the effect for new users of course they will also benefit even though not too big like older users, Another effect for bitcoin is "the higher bitcoin price then popularity will also increase"
full member
Activity: 292
Merit: 102
Bounty Detective
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
For me and some, which is relying completely on bounty campaigns, it is alright for bitcoin to stay at a price, as long as we can get the reasonable price for our work. The price depends on the perspective of different people. Isn't it joyful to see that your income or profit is blooming through bitcoin's increase? That's not selfishness, people wanted to become financially stable especially nowadays, when living is expensive. The highest possibility of getting financial stability is in the highest possible price.
legendary
Activity: 2044
Merit: 1115
★777Coin.com★ Fun BTC Casino!
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.

The best thing about the high price of bitcoins is the profit so try to invest right now while the market value is still low in order to earn a huge amount of profit when the  price of bitcoins in the market will surpass $19k.
One notable point here is that people are so keen on the profit and they totally forget the main idea behind what makes bitcoin tick and this has turned bitcoin more into a speculative asset that a currency.

Well, we can always have it both ways and it seems from the look of things, with the value not increasing, we may not have actually gotten a lot of recognition as this, so we cannot say it has not in any way helped, but I would personally prefer bitcoin to be more perceived as a currency than just an asset.

The problem is that nobody is interested in a currency with less utility than the USD, which is what Bitcoin ultimately is as a currency. In the beginning, there was a very small group of people who wanted Bitcoin to be a currency for idealistic reasons, kind of in the mold of Satoshi because they view fiat currency as too manipulable. That's a niche group of a niche group, and was never going to be enough to actually make any sort of impact. The only reason Bitcoin specifically (and crypto generally) spread beyond this idealistic group is that some people made easy money in the beginning. When you could spend $10 and pick up hundreds of bitcoins, the price only needed to fluctuate a fraction of a penny for you to flip it and make a profit. This snowballed over time so that the new people coming in were drawn in by the speculation and the gambling far quicker than people drawn to the idea of a useful currency. The more people who came though, the higher the price and the bigger the price swings, and over time speculators built a bubble that drew in more and more speculators. Then the lambo crowd was born, and when stories of lambos and millions to be made got out, the media started to get in on the hype, drawing more attention to Bitcoin. But the thing that didn't change with all the new attention is who was being drawn in, and it was always speculators drawn to the gamble or get-rich-quick dreamers desperate to find an easy score. That's where we are today, a bubble that couldn't sustain itself and now sits at less than half of what it topped out at. But all the people left are still speculators, and all the people who will come in the future will be speculators. Bitcoin will probably never be a currency because the only thing it's known for by the vast majority of people is as a speculative asset. This, I think, is irreversible at this point.
member
Activity: 238
Merit: 11
The rising value of bitcoin is inevitable as many people gain interest in bitcoin and investing: you cannot control that, could you?
It's money, you would love to see your profit maximize. Saying that it is selfish may be too close-minded. Much people are needing additional funds for living, higher value of bitcoin means better fpr them. Higher price value of bitcoin is what makes it popular.
sr. member
Activity: 994
Merit: 252
For me now high bitcoin price is an advantage for me. I can sell some coins to get cash for my daily expenses. With high bitcoin, bitcoin campaigns will open up a lot, so you can easily join and make money. The higher the price, the faster the e-money market is going to develop. Bitcoin trade will be easier.
Bitcoin is seen as an investment tool by majority of its community. They can make profits only if bitcoin will gain value with time. Otherwise, there is no way of increasing capital if bitcoin gets stuck at one particular value. You will be making big benefits from bitcoin because it is destined to rise up. Even if someone has bought bitcoin when it was 20k dollars, holding it till the end of this will return a profit of 10k dollars as per the predictions of crypto experts.
member
Activity: 420
Merit: 10
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Yes, the reason why we invest, it's beacuse were expecting to gain more profit with our effort result,and if the price is getting high of it's cost then that's really favorable to us.

I want the price of bitcoin to be high because it can make my investment  high . It can help also in my job in bitcoin because the salary will increase also. If the situation of the value of bitcoin is not high, better to hold it for a long period of time if your goal is tl get high amount of money.
Yes, the price of bitcoin is very valuable for every person who invest their money in bitcoin but specially its valuable for bitcoin because high price will make it more popular and many of people will invest their money in bitcoin and everyone will get more profits from bitcoin, so its high price is very important for people and also for bitcoin.
full member
Activity: 429
Merit: 100
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
We all know that holding bitcoin helps you gain more income and benefit as the time gets by. You will see a lot of people here holding their bitcoin for some reasons. It may sound selfish but if that's their way of living and surviving the challenges in life with regards to finance. We should not easily criticize someone for holding their bitcoin and just let them be.
member
Activity: 226
Merit: 26
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Bitcoin has been a good way in investing money and it can help you produce great amount of profit in just a short span of time as the volatility increases. We all have different reasons why we hold our bitcoin for a long period of time so we cannot really blame them. We have different needs and status in life and holding is just a little way of others to escape poverty and become financially able.
member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Yes, the reason why we invest, it's beacuse were expecting to gain more profit with our effort result,and if the price is getting high of it's cost then that's really favorable to us.

I want the price of bitcoin to be high because it can make my investment  high . It can help also in my job in bitcoin because the salary will increase also. If the situation of the value of bitcoin is not high, better to hold it for a long period of time if your goal is tl get high amount of money.
newbie
Activity: 45
Merit: 0
are you luck of common sense? All investors of bitcoin is want to increase the price of because it gain us more money. right now the price of biitcoin is low this is the opportunity of the investor to buy bitcoin then they will hold it until they meet the price that they want in bitcoin. they will wait to increase the price again.
full member
Activity: 896
Merit: 104
The Standard Protocol - Solving Inflation
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.

Although you made a very good point in that selfishness and greed is the reason some people pray for a higher price of bitcoin, I still believe that the fear of loss is still the major reason for this earnest prayer as no investor would ever pray for a loss. I bet you wouldn't expect someone who bought bitcoin at $15000 to sell now when the price is just a little above $8000. As a trader, all such a person can do is to hope and wait for a turnover in the price of bitcoin.
newbie
Activity: 168
Merit: 0
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Yes, the reason why we invest, it's beacuse were expecting to gain more profit with our effort result,and if the price is getting high of it's cost then that's really favorable to us.
hero member
Activity: 896
Merit: 500
For me now high bitcoin price is an advantage for me. I can sell some coins to get cash for my daily expenses. With high bitcoin, bitcoin campaigns will open up a lot, so you can easily join and make money. The higher the price, the faster the e-money market is going to develop. Bitcoin trade will be easier.
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