Will Bitcoin Get Its First Price? - page 4.

ufaiz50

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

What do you mean "reason" is the level of cryptocurrency fluctuation? I don't think that's the reason why bitcoin is 'locked' or 'banned'. As I know crypto is banned more because of their government's mistrust of cryptocurrency and identified many frauds that can occur. https://news.bitcoin.com/bangladesh-authorities-hunt-bitcoin-traders/

I personally think that the value of crypto can indeed be influenced by a number of things such as prohibition because this kind of automatic impact can make users think poorly of the cryptocurrency itself, because cryptocurrency is decentral so anesthetically many events can be fundamental to the value of cryptocurrency.

sovie

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

When bitcoin reached its first ATH, it was not known to many and strict regulations came after that ATH was reached. Even with the ban bitcoin can go up and cross its ATH of 20,000$. If one is certain that bitoin will cross its ATH, then he must not waste time in buying the bitcoin at current time. We only jump in when price goes up and ignore bitcoin when its down.

amacar2

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

I think by closed you mean banned.

Only few countries has fully banned the use of bitcoin but there are bunch of countries that have banned the exchange of bitcoin with local fiat. If people cant buy bitcoin with their local currency its hard to increase adoption and the price of bitcoin.

Real adoption is coming which will boost the price beyond all time high 20,000. Only the real holder will win in bitcoin rally, dont get greedy and dont get into fomo. These are ultimate rule to get rich with any type of investment including bitcoin.

mk4

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down.

You mean, pretty much how bitcoin has been since it's inception?

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Many are saying that the price of Bitcoin cannot reach $ 20,000 now.

The last thing you want to do is to listen to those so called "analysts".

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Bitcoin's "price in it's true state" is it's current price, even if it's banned in some countries. In fact, these bitcoin-banned countries still has effects in bitcoin's price, because they're still going to be able to buy bitcoin anyway, just not on centralized exchanges, but mostly peer-to-peer in-person transactions and probably on decentralized exchanges like Bisq.

Polar91

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If the reason why government banned bitcoin is its volatility, the reason is quite not appropriate. Legal jurisdiction of the country shoukd be considered because we all know bitcoin is an investment platform, Meaning to say that volatility is quite normal.

I rather consider illegal usage of bitcoin to be more appropriate reason to ban bitcoin. Moving on, with the price reaching awesome heights, this could not be a good start for newbies but considerably profitable for those who have a huge hold of bitcoin.

smartbitcoininvestor

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There are only a few million bitcoin wallets in existence. It doesn't matter which country they originate from so if we can increase the number of users of bitcoin then I think the price will go up.

Ozero

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

We do not need to pay attention to the dozen secondary states with an authoritarian form of government where bitcoin and other cryptocurrencies are now prohibited. The main thing is that the whole civilized world is still normal about cryptocurrency. Everything has its time. Now it is necessary that a decentralized cryptocurrency occupy its niche in society as a means of payment and continue to develop. This year, a massive appearance of national stable coins of various states is expected, and this circumstance may change the existing ratio in the financial market.

MURONDI

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to reach $ 20,000 requires a process, countries that ban bitcoin are only a small part, in my opinion it won't affect the price too much, who plays the price of bitcoin is not a country but a big trader, there are more entrepreneurs who support bitcoin than those who reject it, I'm sure bitcoin can reach $ 20,000 but all that requires process.

Darker45

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Quote from: pooya87 on January 14, 2020, 11:35:50 PM

Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

This is the reason why Bitcoin has been locked in several countries.

you mean "banned"?
if yes, then there has not been any new country that banned bitcoin for many years. there is the same handful of countries like Bangladesh that banned bitcoin many years ago and have not changed their stance while the rest of 99% of the world have accepted bitcoin more or less.

And even in Bangladesh where Bitcoin is declared illegal and arrests are made, the people are still pretty much into Bitcoin. Bangladeshis are buying and selling Bitcoin. They are in this forum as well, discussing and talking about Bitcoin, and working for Bitcoin. As a matter of fact, "The Bitcoin Cafe" is still in Bangladesh serving hot coffee until now (I hope). There you go. There is nothing and no one that can stop Bitcoin.

pooya87

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Quote from: aliijaz12560 on January 14, 2020, 11:28:15 PM

This is the reason why Bitcoin has been locked in several countries.

you mean "banned"?
if yes, then there has not been any new country that banned bitcoin for many years. there is the same handful of countries like Bangladesh that banned bitcoin many years ago and have not changed their stance while the rest of 99% of the world have accepted bitcoin more or less.

aliijaz12560

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Today, the price of bitcoin is going up and down. Many are saying that the price of Bitcoin cannot reach $ 20,000 now.
That can be the right thing to see. This is the reason why Bitcoin has been locked in several countries. The only way Bitcoin can be priced in its true state is if the countries where Bitcoin is closed are removed. Did I say right?

Topic: Will Bitcoin Get Its First Price? - page 4. (Read 619 times)