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Topic: Why do you want high price of bitcoin after all? - page 22. (Read 2112 times)

hero member
Activity: 1680
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It is obvious. Profits. That is the reason why i want a high price for bitcoin because i know that i can earn more profits if the price of bitcoin goes into a higher price and that is the reason why i am currently buying and investing more in bitcoin because the price of bitcoin is low and i know that in the future, it will go up higher and that is the time when i am going to cash out or sell my bitcoins.
full member
Activity: 252
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If you want the Bitcoin rate to fluctuate between $ 5,000 and $ 8000, then I do not think it will attract new investors to the cryptocurrencies market. The nature of exchange rates increases and decreases over time, which makes the attractiveness of cryptocurrencies even riskier when investing. If Bitcoin rates were such a fixed level, then it would have become a government-controlled currency and the global currency which be used in every transaction.
hero member
Activity: 1428
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Whats the purpose of having a bitcoin on the first place ? Its for earning right ? So all of the bitcoin holders, even if they didnt say it , wants the bitcoin to get high and to earn. I dont think it is because they are, or we are being selfish. It is such that we wanted to have extra income to get what we need.
Yes most invest in bitcoin ofcourse wanted that price can go higher. This is what we expected and waiting for we put our money in bitcoin and were waiting price can go higher to have profit atleast. Price most hanging between $5k-8k the best to buy back and wait for the price that we can have profit.
hero member
Activity: 3024
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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.
True as it made many investors pull out and start shifting to another alt coin that has lower fees as they think that bitcoin is no longer capable as a cryptoCURRENCY because of it. Too many examples like buying a coffee worth $5 and you'll pay $10+ worth of miners fee, who wants that? none.
In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
A better price and this is like a calm stage.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Thank you for making me realize that mate.  Kiss
hero member
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it depends on the situation because if you invested your money when bitcoin is low of course you want bitcoin to be high in order to have a big profit but if you are waiting for the right time to buy bitcoin you are waiting to become bitcoin in a low price.

This makes volatility of bitcoin price essential. Bitcoin generates high profit to those who hold bitcoin after it's price decline. Many buy bitcoin even though its price is high because of the higher profit it can provide them soon after buying bitcoin. The demand does not stops and it's a great opportunity
jr. member
Activity: 224
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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.

yeah, some of here wanted the bitcoin value goes up because they are investing in it. They don't want to loss some of their capitals by selling bitcoin in the amount value now. Seems for me that even bitcoin is between 5000-8000 dollars as soon as I have a job/work/project in here. As long as I earn money, it was all well. All I after here is to have extra income by joining bounties/campaigns. By investing, you can earn lots but you also loss more.
sr. member
Activity: 2422
Merit: 357
Whats the purpose of having a bitcoin on the first place ? Its for earning right ? So all of the bitcoin holders, even if they didnt say it , wants the bitcoin to get high and to earn. I dont think it is because they are, or we are being selfish. It is such that we wanted to have extra income to get what we need.
full member
Activity: 532
Merit: 103
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.


All people wanted to the price much higher than the price of 5000-8000USD because they all know that they would get a huge profit form it, that would be a reality of being business minded specially here in bitcoin the volatility is unexpected and no one can predict the price value, so let us just grab the opportunity when bitcoin is in a good situation.  

Yah, I too do not think that expecting bitcoin value to be high is being selfish. This is a business. When you invest money from your pocket, hoping you will gain profits when the values go high, anyone would certainly will look for their pockets filled with at least a decent profit. Is that being called selfishness? Even Satoshi must be expecting bitcoin value to go high every day right? That's the achievement he would accept at the end of each day. Every crypto currency's base idea and expectation is that their coins gain value. Right? Everyone spends money into projects, teams and on advertisement. So expecting their respective coins gain value is selfishness? NO
member
Activity: 276
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I would like the price of bitcoin to be 100k USD or more, but I would like to have a very good reason for that price, based on value and not on speculation and tulips.
member
Activity: 296
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The very purpose that we have decided to invest on bitcoin is to get the highest possible profit. Ok, it is good to say that the bitcoin value should stay at your desirable price of $5000 to 8000 however, that is if it will stay permanently on that value. We all know how volatile the nature of bitcoin is so definitely we as investors, will take advantage when the price is high to get big profit. Charges may be high it is true sometimes, but then they process everything so I guess that is ok as long as you get high profit. The exchanges do make business as well same as us, we are all here investing because we wanna make big money as well.
member
Activity: 144
Merit: 10
Sometimes, we are quite greedy when it comes to money. Holding a bitcoin will only make you to hope that the price will rise to an extreme amount. Sometimes, we also don't care what would be the effect of this as long as we get our own share. It is part of human nature and this is what bitcoin is for.
sr. member
Activity: 826
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At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ 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$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Yes i am agree with you now bittrex and some exchanger close to new registration.Really i could not think bitcoin  hit 19000$  because bitcoin got down only 3000$ and than it was increased 10000$ just one month.So bitcoin can anything anytime but people are frustrated for bitcoin down.
full member
Activity: 645
Merit: 145
People who already invest in bitcoin want higher price because they wanna earn more when they will sell it. People who just find out about bitcoin wanna cheaper price so they can buy it. Because I already have bitcoin and I don't wanna buy more , I wanna higher price so I can earn more when I will sell it on day.
legendary
Activity: 2520
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Personally I don't want high price, what I want is a stable price that reflect the real BTC value.
A BTC's stable price will reduce fees and make them more reosonable, it will also encourage traders to implement Bitcoin payment systems.

Rationally, BTC price can't be stable before reaching the 100k$ threshold.
jr. member
Activity: 35
Merit: 4
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Well, I guess most people here already had some bitcoin or invested on bitcoins, so they want to earn their profits right away. But for us newbies, I believe that this dip is an opportunity for us to earn bitcoin or invest in it before the price go to about 20k again. The market always fluctuates and that's one of the most beautiful thing about bitcoin as an asset.
sr. member
Activity: 546
Merit: 256
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.

As long as people are earning from it, they will keep on investing on it. If the price dumps and there are other crypto currencies that pumps then we start working on it. For me we don't really need the high price as you think it is, for me as long as the price are giving this investors a good profit people will still keep on investing on it, call them selfish and such but they will not budge since they are earning a lot of money out of it.
full member
Activity: 224
Merit: 101
Well, I am not a bitcoin hodler, the main reason I will want a little increase of the bitcoin from the 8000$ it is now is basically because of the tokens I have. The dip in the Bitcoin value has also affected virtually all of them; making them red and selling will be in loss! So, I will like a bit increase and price stability of Bitcoin to about 10,000$.

I do have some altcoins with me and when the price moon rocketed to $19K, I got a little worried since my altcoin might be left behind. When the price of bitcoin fell and the price of ETH pumps, It is still not fair so I decided to wait for a time when this two will dump and that happened. Now I've got my altcoins sold, and then converted it to btc and now I am just waiting for it to pump which will give me good profits.
sr. member
Activity: 1498
Merit: 374
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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

This is the reason why people want bitcoin to go up high, to make good profit. Honestly, I'm one of those people who hope for that thing but the OP have a point. Cryptocurrency is for everyone and its a good thing that everyone can buy bitcoin at a lower price well yes its temporary but this is a great chance for newbies to come in.
Most of people look up to bitcoin as a form of investment and an opportunity to established a way of investment  out of trading. So development in terms of price and value of bitcoin could definitely result for a possible profit and earning with the used of bitcoin itself and other cryptocurrency we choose to invest to.
full member
Activity: 1442
Merit: 153
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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$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
The answer is obvious. People want Bitcoin's market value to be even more expensive simply because they want to earn bigger profit. As its market value increases and becomes more expensive, the profit on their investment in Bitcoin will also be big depending on its market value. The increase on its market price is what made Bitcoin much special than other coins. So it is not surprising to know why people wants its value to be expensive.
sr. member
Activity: 1372
Merit: 261
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ 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.

I think all of us wanted to have a great income or profit and a good investments, we don't like do lose though we do anything just to get the positive income instead on a negative income. So yep some are being greedy for holding, but despite that , the fact is we all wanted to be rich someday so we buy low and sell it high, some are just holding. To be more specific they do that , we all do that to earn and to save and mostly to investment.
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