eternalgloom
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January 12, 2017, 05:43:03 PM |
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Yes. Its expensive if you got no money. By the way. You dont have to buy a whole bitcoin because you can still use its fragments. When the price go up to $5000. Its fragments like bits or mbtc will surely will increase also. So no need to worry about being expensive because every sats can be useful. I think the op thinks he can only buy a whole bitcoin and not small fragments is not available. If you buy a whole bitcoin. Thats expensive. Thats why theres fragments so we can afford it according to our budget.
The problem is also that most people don't know enough about Bitcoin, so when they see $1000 per Bitcoin price, they think it's already out of they financial reach. It's important to emphasise that you don't need to buy a whole Bitcoin.
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"The nature of Bitcoin is such that once version 0.1 was released, the
core design was set in stone for the rest of its lifetime." -- Satoshi
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piloder
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January 12, 2017, 05:47:21 PM |
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The one who always scare about losing with bitcoin will always fear to invest/buy bitcoin even when price was $1 so for those people there is no any ideal price but for the one who have trust over bitcoin and its potential value in future will keep buying whenever there is dump on bitcoin price like right now.
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mastica
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January 12, 2017, 05:51:53 PM |
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It could be considered expensive if you are comparing the prive of it with the salarie each person does have, sure its expensive, but you can buy portion of bitcoin. I dont see why the price had went soo high at the end of the year, and looked stable really, anyway, there arent any news related to bitcoin projects that should affect the bitcoin value, soo its always speculation making the price up and down, only the halving is having a really impact at the value and almost instant.
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webtricks
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January 12, 2017, 05:56:47 PM |
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After that the price of bitcoin reached the top for over $1000 a price that is not within the reach of everyone and that lets the bitcoin far from being a universal currency because it seems too expensive for more than 80% Of the world population which can not obtain such a sum even by accumulating all their annual income, other people who have acceded to this currency would say that $1000 is not yet the real price because the real price is much higher than that . We experienced this situation in the end of year 2013 where the prices reached the same value but with a less number of peoples and bitcoin and the following was the sudden drop of prices which were less than $500 in most of the year 2014 and less than $ 200 in some period of the same year but which has allowed other people to join the bitcoin community , so I wonder if the year 2017 would be the year where we will see the largest number of bitcoin User or low prices or both?
And you really feel price of Bitcoin restrict ppl from buying Bitcoin!! I don't know if you are aware but it is possible to transact even the 10000th part of Bitcoin for free. Higher prices of Bitcoin are rarely hurdle in its acceptance way. And also the higher price in case of Bitcoin doesn't drive away demand or present users rather it enthusiasts the new users to start using Bitcoin as lucrative medium of investment!!
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maydna
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January 12, 2017, 05:58:45 PM |
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if 1 bitcoin is equal with $1000 then i think its too expensive but the good news is we don't have to buy 1 bitcoin but we can buy with small amount if we don't have $1000. we can still use the small amount of bitcoin for many ways like trading, buying product with accepting bitcoin as payment and other thing.
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Monnt
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January 12, 2017, 07:33:30 PM |
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Expensive in terms of what. Price of a commodity does not matter for a trader just to enter and exit as all prices are good to buy. To use as currency also we need not to bother about price levels. Only investors may worry about expensive, still by considering future value of bitcoins like $10k or millions I believe $1000 is not expensive.
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Roger Burton
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January 12, 2017, 08:02:27 PM |
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Am not 100% sure, but it will be between $500-$1000.I don't know though if that will be good or bad then, but I hope it has good results
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pooya87
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January 13, 2017, 05:05:12 AM |
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for now price will be in the decline mode and will look bad for the foreseeable future. but this phase will also end. like the many declines before it, the overall trend of bitcoin has always been rising and as long as there are more people to adopt bitcoin price will continue to rise.
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ICOGuru
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January 13, 2017, 05:06:42 AM |
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The price will come up, just watch whats going on around the world. Its a matter of time.
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jossiel
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January 13, 2017, 05:19:40 AM |
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It is expensive for a typical person that are living into somewhere in the third world countries or for a jobless guy.
But it doesn't matter on how much the price of bitcoin is, because you can just simply buy portion per portion of it, its divisible.
So you don't have to worry about it and regarding for the ideal price of bitcoin to be an universal currency, there's no certain measurements for it.
As long as we are using it for transacting, we do love on how it goes no matter how much its current price.
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cengsuwuei
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January 13, 2017, 09:04:13 AM |
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bitcoin price 1000 dollar/bitcoin is standard price, not expensive and not cheap is good rate bitcoin price is range 800 - 1100 dollar/bitcoin
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azguard
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Crypto-News.net: News from Crypto World
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January 13, 2017, 01:32:33 PM |
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bitcoin price 1000 dollar/bitcoin is standard price, not expensive and not cheap is good rate bitcoin price is range 800 - 1100 dollar/bitcoin
We will see in following week or two what will happen. Lots of stuff is on right now china massive dumping coins, we will have start of megaupload 2, segwith implementation, and New US president will make official oath on 20th this month. After this date will see real price on market for not just bitcoin but all including gold/silver and oil.
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