Why do you want high price of bitcoin after all? - page 24.

Jessy Mediola

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Quote from: shield132 on February 03, 2018, 06:57:22 PM

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.

Everyone wants to get a higher income because of some financial purposes. High income to get rich, rich to buy all your things, to get power, to do whatever you want without the permission and asking for others. When you are rich you have your freedom, it is sad but its true. And also, who else wants to become poor? No one right? We are dreaming for a better life and thats why all of bitcoin users are aiming and demanding for higher price.

lienfaye

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Quote from: shield132 on February 03, 2018, 06:57:22 PM

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.

Perhaps because we dont have contentment when it comes to value of btc, we want to have a higher price to get high profit and probably be a way to become rich. Usually thats the mindset of an investors and I think most of us think that way too. Thats why majority of users dont see it as a currency but an investment opportunity instead. However I think there's nothing wrong whatever our reason is as long as we support this cryptocurrency which is beneficial for everyone.

CHENIEN

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Mostly people wants cryptocurrencies are in a higher price, the reason is, when they change and convert it into real paper money the total value is super higher, and it can contribute a lot of income and profit. If the price of bitcoin will rise up to 100,000 U.S dollar, it will surely that all people who accessed bitcoin will become a millionaire. But I know, it is very impossible that price of bitcoin will rise up to $100,000, only the management of bitcoin can make a decision about price level.

android17

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Quote from: shield132 on February 03, 2018, 06:57:22 PM

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.

Maybe they are selfish then. I am dreaming to have a big money that can able to build a house but I am not dreaming to be rich. If I can reach my goals in engaging here in this forum I think it deserves a payback but now I want to hold it and wishing for a bigger value.

Isaacck

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Indeed you can call it selfishness or what ever you need since we have to get the most highest benefit that we can on the grounds that that is the fundamental motivation behind why do we contribute. Every one of us needs benefit so don't state that we don't need the high cost of bitcoin.

fredo123

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Yes, i want bitcoin to recover its value, as we know, it drops down rapidly as of this moment, but in my part i am so disgusted because until now, i hold bitcoin to earn good profit, If ever it bounce back, surely another blessing for me,

YunTrz

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At a glance reading this post I think your words are true, but there is also an unreasonable like "bitcoin price will be dangerous if continuous rise in price" I think it does not matter even can benefit traders,
about the bitcoin delivery fee that could be the problem at this time because it is true that in your say bitcoin fee increase will be very expensive it's only 1 transaction you try to imagine you send 1000 addresses to a very different address very bad.

JoshMart

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The general idea in investing is to make a profit out of our investment (aka ROI). I wouldn't necessarily call it selfishness, it's just part of the business. While it is true that too high of a price for BTC is something most, if not all, people want. . .it's still not without it's adverse effects on the market as you have already mentioned. However, it doesn't deter us from the fact that making a profit out of our investment is our main goal.

Hirameki

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Bitcoins price going up and down really matters to us people investing on it, this is how it goes, when you buy bitcoins at its lowest price, youre lucky, cause when it goes up, you'll gain more than what you invest for when it goes up, but when bitcoin is high, you cant just buy bitcoins with that state cause its high so when you buy it with higher price, it might be difficult for you to gain more than what you invest for, or it will lead you to loss of profit from it. So thats why bitcoins price really matters to us users of bitcoin.

acener

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Quote from: shield132 on February 03, 2018, 06:57:22 PM

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 having a high price really matters for all of the bitcoin holders. It serves as a go signal that people can now cash it out and hold the cash to buy more bitcoin once the value decreases again. The process is just an unending cycle and I would say that the government is not involved in all of it which is good.

dewi91

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I don't care about high fees.. high fees is still better more than I should see bitcoin prices continue to decline, I am a holder and I can't sell my bitcoin in low price, I want to get a lot of profit and that can happen if bitcoin in the high price.

gamalzour

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Quote from: 7788bitcoin on February 04, 2018, 05:56:55 PM

@OP the points you have said is good,but what if you are an investor and you have invested a lot of money in it,the price is an important factor and this is the main reason people are considering to invest in it as you could multiply your wealth in a short time,i like the current price levels especially because of the higher transaction charges,but once it goes down i would like to see another rally.

Everyone who invests into bitcoin he wants to make profit and profit comes when prices rises so it’s a common sense thing that as the prices will rise profit will increase and here in bitcoin everyone invest because to earn high amount and spend wherever he wants to and as the prices get high the pleasurable moment for the investors arise and nowadays investors are worried because of prices and waiting for profit.

bering

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most of people liked the high price because they want to take benefit from long term holder but indeed if the price will higher more than $20k then this is not good too for the fees of transactions because following the price then the fees also will very high but if the price only at range such as OP said then i think most people even does not liked the situations because for trading purposse stable price is not good and in my view in this case people more likely to liked if bitcoin price increase day by day and they can take the benefit from it

safarabela

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Quote from: shield132 on February 03, 2018, 06:57:22 PM

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.

It is only natural that someone wants more profit and that it is human. Not all people are born from rich families, but also from poor families, and people who work to earn income in order to meet the needs of his life. Likewise with bitcoin if the butcoin price is high, I think it's a good thing because we benefit from it.

aishyoo17

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It may be because when they expected bitcoin to reach at least $10k by end of last year it went more than that, so basically people think by now that bitcoin can reach twice of what they expected it to be. I think most people in this forum who are earning bitcoin are expecting bitcoin to reach a high price but it is just that when it skyrocketed most of them got greedy and wants bitcoin at a much higher price, not really thinking that the transaction fees would go up as well.

Future3000

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Because you make money from nowhere in this case:)
and stable bitcoin actually is beneficial for everyone

cheann20

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Becuase we want to get back all my loss funds. We want bitcoin recover again in more higher, i know all of us we want bitcoin more high.

MiF

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Quote from: crzy on February 05, 2018, 12:30:44 AM

Quote from: jaycobe24 on February 04, 2018, 10:05:39 PM

All of bitcoin users is want to go high the price of bitcoin because all want to earn more money. I think its getting higher there are lot of people that interested in bitcoin because they want to get richer in easier way that way is the best way.

Of course investors want to make money while supporting this great technology and this can happen by increasing the price of bitcoin. If bitcoin pumps so fast I think people will be more interested to come in but I don't think its a good reason to invest on bitcoin, study the technology and not focus more on the price.

Well some people really wanted to have a high price because many of them is depending on a bitcoin profit some people here is not an investor or maybe trader and they really use bitcoin as thier way of paying i think the majority here is the people who really joind a signature campaign and they make thier bitcoin always available for good so then if bitcoin drops most of as really feel bad because tbe exchange or maybe the convertion is really affected.

crzy

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Quote from: jaycobe24 on February 04, 2018, 10:05:39 PM

All of bitcoin users is want to go high the price of bitcoin because all want to earn more money. I think its getting higher there are lot of people that interested in bitcoin because they want to get richer in easier way that way is the best way.

Of course investors want to make money while supporting this great technology and this can happen by increasing the price of bitcoin. If bitcoin pumps so fast I think people will be more interested to come in but I don't think its a good reason to invest on bitcoin, study the technology and not focus more on the price.

tweetbit

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If an investors wanted a much higher profit from his investments, I don’t consider that as selfishness. The high demand is dependent to popularity and we can’t stop it. I don’t say that there is something wrong with your concern but it’s not realistic as this technology is open to the public and not restricted to just specific individuals in this world.

Topic: Why do you want high price of bitcoin after all? - page 24. (Read 2112 times)