Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: Bridg3Wat3r on October 14, 2017, 09:52:05 PM



Title: How to settle/back Bitcoin’s price for newbie/non-crypto dude?
Post by: Bridg3Wat3r on October 14, 2017, 09:52:05 PM
I am a newbie,
I have to learn a lots here.

By the way,
Dimon said that fiat money moves of about 600 trilion usd
(Bitcoin volume of about 3.4 billion usd in that 24 hours):
https://www.c[Suspicious link removed]m/amp/2017/10/13/jamie-dimon-says-people-who-buy-bitcoin-are-stupid.html

Anyone would like to help to really explain that Bitcoin price is acceptable and it is just started?


Title: Re: How to settle/back Bitcoin’s price for newbie/non-crypto dude?
Post by: krazy89 on October 14, 2017, 10:34:43 PM
3500-4500 is acceptable . Im not gonna pay over 6000$ for 1 bitcoin . Jesus


Title: Re: How to settle/back Bitcoin’s price for newbie/non-crypto dude?
Post by: The_Dark_Knight on October 15, 2017, 01:51:05 AM
3500-4500 is acceptable . Im not gonna pay over 6000$ for 1 bitcoin . Jesus
Unfortunately we are not the ones that decide, that decision belongs to the market, if at some point in the future you want or need to buy a bitcoin and that is the price then you will have to pay it, now you may say that you can choose to earn that bitcoin instead, but even then, you will need to earn the equivalent of 6000 dollars in fiat to get that bitcoin.