Bitcoin Forum
July 05, 2024, 04:12:24 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Bitcoin still unaffordable  (Read 345 times)
CherRic
Member
**
Offline Offline

Activity: 266
Merit: 12


View Profile
February 17, 2018, 02:37:35 AM
 #41

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.

Buying bitcoin now is still really expensive. Buying whole one is hard so people just buy fraction of it. If the price will decrease to 2.000$ then we can buy whole bitcoin again. This time, it is better to invest in altcoins because they are affordable then kater you can trade them for bitcoin.
Doni Ariyanto
Full Member
***
Offline Offline

Activity: 294
Merit: 100



View Profile
February 17, 2018, 02:49:29 AM
 #42

in my opinion bitcoin is back to normal price although the movement is quite slow, but it is a good news. I am sure within the next few days bitcoin will recover as before when it has not decreased.
KesoNie
Copper Member
Sr. Member
****
Offline Offline

Activity: 672
Merit: 270


View Profile
February 17, 2018, 02:54:37 AM
 #43

in my opinion bitcoin is back to normal price although the movement is quite slow, but it is a good news. I am sure within the next few days bitcoin will recover as before when it has not decreased.
For me even bitcoin is dropped its value is not yet affordable by anyone who are in average level in their financial aspect even we say that they have saved almost 20$ is not yet enough to afford. Bitcoin is most not affordable when it hits its value in a peak or Maximum value so we must have a huge savings if we really wanted to have bitcoin in our account.
A Feeder
Full Member
***
Offline Offline

Activity: 392
Merit: 101



View Profile
February 17, 2018, 03:05:05 AM
 #44

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
You are very right. The capital is the first step in gaining a huge amount of profit. But, I think its price will not drop again since the pumping has already began. My period of prediction for this event that bitcoin will be less than 5000 USD is in every January.
entrepmind23
Sr. Member
****
Offline Offline

Activity: 644
Merit: 261


View Profile
February 17, 2018, 03:05:41 AM
 #45

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.

Well it's your own choice to buy one whole bitcoin but if you are waiting for the price to go down as what you mentioned so that you can afford it then that time may not come. The last dip around $6,000 maybe the lowest price you could have bought it ever. If ever the price would reach $4,000 then there are still so many people who cannot afford it or those who can afford but are not willing to buy it at that price because they are waiting for it to go lower in which case they miss the chance to buy at a lower price. If you wanted to invest in bitcoin for the long term then you should just buy what you can afford whatever its price and it doesn't matter how many it is as long as you are willing to let go of the money in case something unfavorable happens.

                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
           ░▒█████████████████████▒░
         ▓███████████████████████████▓░
      ░███████████████▓░▒███████████████░
     ▓██████████▓▓▒░        ▒▒▓▓██████████
   ░███▓                               ▒███▒
  ░████               ▒▒▒               ████▒
 ░█████░           ░███████░            █████▒
 ██████░          ░██      ██▒          ██████
░██████░          ██       ██           ██████▒
▓██████           ██░ ░   ░██           ███████
▓██████         ████████████████        ███████
▓██████        █████████████████        ███████
░██████▒       ███████████████       ░██████▓
 ███████       █████████████████       ▓██████
 ░███████       ████████████████      ▓██████▒
  ▒███████▒       ░ ░     ░ ░       ░███████▒
   ░████████▒                     ▒████████▒
     ▓████████▓░               ░▓█████████
      ░██████████▓░          ▓██████████░
         ▓██████████▒     ▒██████████▓░
           ░▒██████████▒▓█████████▓░
                 ░▒▓▓▓▓▓▓▓▓▓▒▒░
Johnzky
Member
**
Offline Offline

Activity: 616
Merit: 30


View Profile
February 17, 2018, 03:21:44 AM
 #46

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
why need to force your self to buy who bitcoin when you can even buy half of i?get what you funds can and start earning now.dont wait for that low price because thats will never happen
cerebro415
Member
**
Offline Offline

Activity: 64
Merit: 10


View Profile
February 17, 2018, 03:25:40 AM
 #47

The BTC being unaffordable to some or even most members of society, is both a reflection of how dynamic and somewhat successful it is. As it is true that when more people would have it, the value would be affected and could decrease. Although it is dynamic in nature, the market it has, and it in itself transformed or evolved into an almost self-sustaining system, which means it already has a cycle. It is also noted, that although many cannot afford it, several ways exists that would allow a person to acquire it. A perfect scenario depicting the latter would be, a person who, at a particular moment, have insufficient money to purchase 1 whole BTC, but has sufficient money to start mining. The volatility of the market it is in, also adds up to it, being dynamic, as prices suddenly go down in an instant, for a short period of time, this would then allow many who have little funds or budget acquire the "item", and would allow holders to release, and those who understand the risks hold on to the "item", and wait for the prices to go up. If a person who has a serious intention of acquiring and making money out of the BTC trade, but has no money, then other means exists. To conclude, the BTC being unaffordable to some or many, is an indirect evidence that it has potential. Thus, it is a fact that not many can buy a whole BTC, but can acquire it through other means.
Rrotess
Member
**
Offline Offline

Activity: 264
Merit: 10


View Profile
February 17, 2018, 03:37:05 AM
 #48

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
It is unaffordable if we don't have enough earnings but for the investors I don't think so.But somehow If we get paid for our effort in joining different compaigns.That is the start that we can tell them that bitcoin is affordable.But for now our goal is to make an income and continue joining for compaigns.
barneystinson
Jr. Member
*
Offline Offline

Activity: 103
Merit: 1


View Profile
February 17, 2018, 03:54:51 AM
 #49

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
Regardless of whole or  a fraction, I don't think you cannot say which is better. Because at the end of the day it would still be on the peoples capacity to invest into bitcoin. Some can afford whole prices why some cant. But we just need to remember that no matter what size we can trade of fiat value into btc, it would still be a good investment in the long run.

█████ █████  ██ MOBILINK-COIN ██  █████ █████
▬ FIRST DECENTRALIZED MOBILE SERVICE TELECOM COMPANY ▬ (https://mobilink.io/)
Glaseseye
Jr. Member
*
Offline Offline

Activity: 88
Merit: 4


View Profile
February 17, 2018, 04:04:34 AM
 #50

I think it's your own choice to buy a whole bitcoin instead of buying bitcoin shards but if you're waiting for the price to drop to 4000 $ as you mentioned. You may be able to buy it but such a time is unlikely to come. The last one I see dip about 6,000 $ maybe for the crowd it is the lowest price you can buy it. If the price is as there say 4000 $ then still many people can not afford it with 1 BTC intact and also for those who can buy 1 BTC intact even more, still will not buy it at that price because they will wait for the price to fall more low. So then those who want to buy more BTC lose the opportunity to buy BTC for a lower price. My advice if you really want to invest in long-term bitcoin then you should buy it with what you can afford even at any price as long as you are willing to release your money if something unfortunate happens and so forth.
batang_bitcoin
Hero Member
*****
Offline Offline

Activity: 3024
Merit: 601


View Profile
February 17, 2018, 04:08:28 AM
 #51

If the price goes back down again to around $4000-6000, people will be able to buy whole bitcoin, I know people can buy fraction of bitcoin, but buying whole is a better deal.
What's the connection or your title "Bitcoin still unaffordable"? You said that people can buy into fractions and there's nothing wrong with it. I know that others can't avail the whole thing but that's how bitcoin is giving us a big opportunity that while it was on the dip you can now keep on buying. And for those people who are very negative with bitcoin, don't say that its unaffordable, the question is when you'll buy? When the price is already $20,000 --->/ $50,000?

Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!