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Topic: Will you be happy if Bitcoin remained as it is now? (Read 2131 times)

hero member
Activity: 952
Merit: 503
Bitcoin need to grow even bigger and be known to all people all over the world, it can't be just like this. But it can't also be just like the old time when a Bitcoin even not worth a $10
hero member
Activity: 631
Merit: 500
Of course not. I would like Bitcoin to become more popular and be more known in the world. I think it will still take some time for it to grow but in the end everyone will find out about it and start use it.
Really not. Because the more it grows the more money we can earn in the future. Like at present the Bitcoins amount is little less, I want to see Bitcoins in rate of atleast 500 dollars per bitcoin.

Yup, if bitcoin price reaches to $500 and then if it remains stable for a longer time then many of us would be really happy, as people who have bought at present would earn profits out of it, no doubt $500 would not be the best price for the buyers who wants to invest their money into bitcoins, but for the sellers it would be the price to sell their bitcoins.
legendary
Activity: 1330
Merit: 1019
Of course not. I would like Bitcoin to become more popular and be more known in the world. I think it will still take some time for it to grow but in the end everyone will find out about it and start use it.
Really not. Because the more it grows the more money we can earn in the future. Like at present the Bitcoins amount is little less, I want to see Bitcoins in rate of atleast 500 dollars per bitcoin.
legendary
Activity: 1358
Merit: 1093
Of course not. I would like Bitcoin to become more popular and be more known in the world. I think it will still take some time for it to grow but in the end everyone will find out about it and start use it.
hero member
Activity: 1204
Merit: 505
My answer would be a strong 'No". I always dreamt of bitcoin sitting at over $1000! And I am  still hopeful that bitcoin price would surely touch that heights again in near future.
legendary
Activity: 3248
Merit: 1070
i want to add that if you understand how bitcoin network and halving work, you should already now the answer of the OP, bitcoin can not remain stable, because of the way the contorlled supply is built

the price need to increase at any cost or miners are screwed, otherwise why you think satoshi said that famous quote about 20 years no volume or big volume?

Not really, look at litecoin halving, it had no effect whatsoever on litecoin when it happened, not even days before or after. The same can happen with bitcoin, halving doesn't mean the price will increase because it doesn't need to if a lot of miners stop mining and the difficulty drops.

because litecoin has a different asic approach and cost, also the halving was still the first, from 50 to 25, so you should compare it to the first bitcoin halving

the first halving is still meaningless, because there is still enough coins to be mined for the miners, but when other brutal halving(12.5, next one, 6.75 etc...) will enter in play you will see their effect
hero member
Activity: 1624
Merit: 645
i want to add that if you understand how bitcoin network and halving work, you should already now the answer of the OP, bitcoin can not remain stable, because of the way the contorlled supply is built

the price need to increase at any cost or miners are screwed, otherwise why you think satoshi said that famous quote about 20 years no volume or big volume?

Not really, look at litecoin halving, it had no effect whatsoever on litecoin when it happened, not even days before or after. The same can happen with bitcoin, halving doesn't mean the price will increase because it doesn't need to if a lot of miners stop mining and the difficulty drops.
sr. member
Activity: 406
Merit: 250
Will if it is stable around the 500 dollars I think I will be quite happy with it.
But the experiment of it I think will be failing.
People have tough that it can reach more than 100 dollars.
legendary
Activity: 3248
Merit: 1070
i want to add that if you understand how bitcoin network and halving work, you should already now the answer of the OP, bitcoin can not remain stable, because of the way the contorlled supply is built

the price need to increase at any cost or miners are screwed, otherwise why you think satoshi said that famous quote about 20 years no volume or big volume?
hero member
Activity: 560
Merit: 501
I want more stores to accept it. And by stores i mainly mean the ones ONLINE.
legendary
Activity: 1904
Merit: 1074
I am on the wire with this one... on the one side it would be nice if it could just keep the status quo, but I would figure that the mainstream adoption as a currency would bump

up the price. Bitcoin as a commodity and a investment vehicle limits it's functionality and like gold I want it to be used for many things. Lots of people compare gold with Bitcoin

and Gold are used for many things from conductors of electricity in computer chips to jewelry and a investment commodity. Bitcoin should also be able to do that..  Grin
legendary
Activity: 3512
Merit: 4557
I will be unhappy if Bitcoin stays at this lvl. (very unlikely). But if it did i see it at a huge fail.

Blockchain is greater technology with lots of benifits that outweight the FUD.

Everyone here shoud enjoy the ride to mainstream, it's also pretty entertainment for the comming 5-10 years.
sr. member
Activity: 476
Merit: 250
I am quite happy with the current situation. bitcoin is currently quite stable. if you can expect I prefer bitcoin have a stable price compared to having a high price.

What if the price is stable and is high?
True that this price is kinda stable for now also is not something new that bitcoin is droping.
For sure we will see bitcoin price going up again, do you thing after halving will go to 1000 dollars? If so I think that is drop is nice to buy as much bitcoin as you can.
legendary
Activity: 1526
Merit: 1001
I am quite happy with the current situation. bitcoin is currently quite stable. if you can expect I prefer bitcoin have a stable price compared to having a high price.
member
Activity: 112
Merit: 10
Not really, i would like to use it on more shops around the internet.
sr. member
Activity: 448
Merit: 250
I would have to say no, bitcoin has a lot of potential that it hasn't reached yet.

I would like to see more people adopting to bitcoin as well, at least have some more people use bitcoin as an alternative currency.

If and when this happens, the demand for bitcoin will rise and so will the value.
legendary
Activity: 1554
Merit: 1014
I am quite happy with the current bitcoin prices. not too small. but I would be happy if bitcoin could go back to touch the price of $1000. because I really have never sold my bitcoin in the price of $1000 Sad

Yeah price is little fine when compare with last year dump. Due to block halving price will not fall too much as well.

This is the time to buy a bitcoin and hold. better thing We hold it for long time. its classic idea but worth in future.

I do not want to try to buy too much, because we can not guarantee the price will really rise after halving.

I'll try to get to some of my methods, but do not buy. just grow my bitcoin.
newbie
Activity: 14
Merit: 0
I like it like it is right now. If it is accepted as a currency then maybe taxes will be imposed on it and you need to declare all profits to the revenue agencies. Now it's a little bit like the Wild West but it's has its advantages.
Taxes on what? Bitcoin is currency normally you don't see currency taxed, we have indirect taxes added to the value of goods like VAT, and all items you can buy with bitcoin already are taxed.
Taxing bitcoin further will be unfair in comparison with standard FIAT currency.

Ah, I don't know where you are located but in the US, the IRS does know about bitcoin and they want their piece of the action. They consider it property for tax purposes. I don't think they think - or care - that they are being unfair

IRS Notice 2014-21 is a pertinent document

legendary
Activity: 1162
Merit: 1000
honestly I was not happy. Why ? because I believe bitcoin still has a chance to be better. than there is today.
sr. member
Activity: 687
Merit: 269
But they alway will bring us bad news in order to pull price down.
So just watch news and enjoy..Price is good always if you exit on time and if you jump on , on time!

Great post. The roller coaster price is amazing profit chance for a speculators.


The long term holders can get in during the lows, and risk very little.
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