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Title: Question about Bitcoin Value Post by: cochranizer on May 13, 2016, 11:18:45 AM To whom it may concern,
I am very keen about increasing Bitcoin value, and I need to ask this: if I paid $1 for 0.00000001 of a Bitcoin, would the value of a Bitcoin increase a lot but a little bit? And if this is a good idea, would everyone be willing to try? Title: Re: Question about Bitcoin Value Post by: lolxxxx on May 13, 2016, 11:21:53 AM lol you are kidding right ? By the way the answer to your question is Somehow Yes but no one is stupid to pay 1$ for 1 Sat just for increasing the value . You need to spend many $$$$$$ to raise the price by paying 100$ or 1k$ even 10k$ will not increase the price it will just bump the price of bitcoin for some time then it will come back to the normal .
Title: Re: Question about Bitcoin Value Post by: Quartx on May 13, 2016, 11:27:08 AM To whom it may concern, I am very keen about increasing Bitcoin value, and I need to ask this: if I paid $1 for 0.00000001 of a Bitcoin, would the value of a Bitcoin increase a lot but a little bit? And if this is a good idea, would everyone be willing to try? Do you know how economics , supply and demand work? it is not simply a case of buying so fucking high for micro amounts of btcs. You need to be a freaking quintillionaire to raise btc by a substantial amount |