Topic: Why do you want high price of bitcoin after all? - page 25. (Read 2112 times)
When the high price of course it is a sign that bitcoin looks luxurious so everyone will be interested to know and have bitcoin, if the price is low and continue to fall makes everyone panicked so they sell bitcoin.
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.
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 want it so we need to wait now because the value of bitcoin now is too low we need to buy more if the bitcoins go dip buy and buy. The bitcoin now is $8000 do we need to buy now? Or waotnfor the dip further ? So just incase bitcoin decreased more dont worry bitcoin will rise more and more again. We all wanted high price, higher than 1000$ 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$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Everybody here wants the bitcoin price to go higher and higher. It means more profit especially to the people who hold large number of bitcoins. It also means that a lot of people are now getting aware of it and the demands are getting bigger. We are always on watch of the bitcoin price because it is our opportunity to gain more.
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ 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$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
It was quite a run and there was a lot of hysteria around the price continuing upwards, if anything it did introduce a lot of new people to bitcoin and in turn they will discover the whole crypto world which is great. It also exposed the issue with the fees which otherwise might not have been as much in the forefront if the price did not get as high.We all wanted high price, higher than 1000$ 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 we will see those levels again soon.
I think higher price it means there are a lot of people that interested in bitcoin if there a lot of people that interested in bitcoin is create more popularity because we wanna get rich in easier way but we dont know when its rise or down the price so we just wait for it just be patience.
For me higher price means there are a lot of people interested in that coin, when there are a lot of people interested in that coin, that coin will create more popularity and maybe some big company could adopted the coin, but after I give a thought I think the price of bitcoin still in a great zone, many of us hope that bitcoin would go higher because we want to get richer easier
The truth is that, many of us here were expecting greater profit. And we also seeing bitcoin as something that is not worth spending but worth holding. Bitcoin much more a gold right now, it is an ever increasing asset which value rise due time. It would be nice if bitcoin will continue becoming a volatile coin, this what make people attracted and makes it demand higher.
I'm okay with the current price, a major correction is required some time to give an opportunity for everyone who wants to buy bitcoin at a cheaper rate.
It's a normal thing as bitcoin ever worth less than $1 but increases over time due to the demand. Since bitcoin price pumped significantly, it almost impossible to send bitcoin if you don't pay a high fee which is annoying and now you can send $1000 with $0.5 fee
However, mining business requires profits from bitcoin price, if it doesn't increase, then mining won't profitable for miners as they have purchased the equipment and all the hardware at the high price, it will take a long time to achieve ROI.
It's a normal thing as bitcoin ever worth less than $1 but increases over time due to the demand. Since bitcoin price pumped significantly, it almost impossible to send bitcoin if you don't pay a high fee which is annoying and now you can send $1000 with $0.5 fee
However, mining business requires profits from bitcoin price, if it doesn't increase, then mining won't profitable for miners as they have purchased the equipment and all the hardware at the high price, it will take a long time to achieve ROI.
@OP the points you have said is good,but what if you are an investor and you have invested a lot of money in it,the price is an important factor and this is the main reason people are considering to invest in it as you could multiply your wealth in a short time,i like the current price levels especially because of the higher transaction charges,but once it goes down i would like to see another rally.
Well as a holder of Bitcoin, I will definitely want to have a huge value of bitcoin in order for my investment to increase, and base on what I noticed, I think that most of the altcoins are relying also to the value of Bitcoin, because when bitcoin fluctuate other coin will do too.
At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ 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$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
I think it's investors, who bought a lot of BTC while its price was increasing are now feeling the loss and hoping for price recovery. To the ones who has been holding bitcoins for years transaction costs and duration are much more important things. I don't feel upset about the situation now, it will increase demand, so BTC won't appear at the bottom anyway. We all wanted high price, higher than 1000$ 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.
There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
This is the problem with everything valued against Bitcoins. In turn, when the price of bitcoin falls, then most (almost all) of the alts fall with it. We really need to start valuing the coins on exchanges with fiat currencies. Then, if the price of bitcoin falls, it won't have an impact on the price of other alts. So right now, yes of course we want high price for bitcoins. In the future, I would rather have it stabilize.
I may be wrong of course, but I disagree with this way of thinking. IMO all crypto currencies are independent objects and the fact that on most exchanges their price is shown in BTC has nothing to do with their falling when Bitcoin price is falling. Don't forget that crypto trading goes on 24/7 and if investors find a coin worth investing they do it regardless of the current Bitcoin price. This is what happened to Litecoin, for example, in the last 24 hours, it's price in USD has risen 11% while Bitcoin price has dropped 4.5%.
Not just me ,but also all of us wants for the high price or rate of bitcoin. Bitcoin is the best in investment so all of us investors wants also money so when or where we can find money ?in crypto money right and bitcoin is the best choise because its have a continuously increasing rate .
The higher the price, the more news it gets and adoption increases. To me, that's why a high price is good.
This is not applicable everytime, the Bitcoins price doesnt matter as long as you dont have holdings or any source of income here to pursue. I have enetered weekly salary campaign here and thats the time when Bitcoin's price matter cuase the high the amount of the Bitcoin for example today I can obtain a better profit, if I font have any earnings of course it doesnt affects me at all.
Bitcoin price is raisng now,so the price of bitcoin will reach 10,000$ soon.I think this will be the best time to inverse your money.So don't waste the opportunity to get into bitcoin.
I know that everybody wants a higher price of bitcoin, and even me i want also a price stay at 20,000 U.S dollar. Because in that particular price level all bitcoiners can easily become wealthy because of the higher value and the returns also, is more higher when converted it into real paper money.
For me I want high price of bitcoin not for my own good its for the good of the people who depend on it. And for me too of course for the future I don't want to depend on it maybe some yes. For me I don't want to talk about the other they have their own reason and they have freedom to talk about it.
There is much difference between wishing for a good profit and being greedy.Nowadays,most of the bitcoin holders have become greedy.When its price reached $1,000,they expected the price of $2,000 and when it was reached,they expected $5,000 and even when bitcoin price reached $20,000,still they didn't get satisfied and aim at $50,000 or $100,000.
Their desire goes towards infinity.With bitcoin popularity getting more,more greedy people seem to enter the bitcoin network.
Their desire goes towards infinity.With bitcoin popularity getting more,more greedy people seem to enter the bitcoin network.
To some level I support the price to rise and to a point again I like the new change. You know if you bought bitcoin when the price was above $17000 you will wish for the price to go high even more then $30000 so as to make again. But with the new price drop I notice that transactions fee has also drop compared to the high transaction fee we where having late December where we were charged high fee on small amount of transactions.
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