Memento (OP)
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 07:03:47 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
|
|
|
|
DonnieDarko
Newbie
Offline
Activity: 10
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 07:38:11 AM |
|
Yes, everyone should know this, don't sell Bitcoins for cheap price. Don't panic if price go down, it will come back with even more in 1 - 24 hours, Also people should know that they not missed the boat, everyone who owns couple bitcoins will become millionaires.
|
|
|
|
20kevin20
Legendary
Offline
Activity: 1134
Merit: 1598
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 07:43:21 AM |
|
Maybe one day it will. For now we are looking at a price of just $1200 which is way too low in my opinion, but things will change. I'm looking 24/7 at all the commodities (BTC is a commodity too), and they only keep rising. This is good news, maybe the real price will show up sooner than we think. To reach $1M though, Bitcoin needs years probably.
|
|
|
|
noictib
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:03:24 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
Your idea is good . But think about it thoroughly that in the bitcoin job about 90% bitcoiners are making earning from buy/sell Bitcoin and buy/sell Bitcoin for altcoin . And rest of bitcoiner are wasting time in gambling and small fraction of people are in the signature campaign earning . Now here you can think easily if these 90% of the people will not make sell then how can they make profit . So here buy/sell of bitcoin is a profitable result and balanced thing in the bitcoin world . But you are right for 10% of the bitcoiner , who usually hold Bitcoin to not to sell but sell after the price go to the rock .
|
|
|
|
Windpower
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:11:22 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin.
|
|
|
|
NeuroticFish
Legendary
Offline
Activity: 3780
Merit: 6483
Looking for campaign manager? Contact icopress!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:19:21 AM |
|
You control Bitcoin price!
For every one not selling Bitcoin, you'll find 10 which will sell it, especially at this price. And it's OK. Really. The economy needs Bitcoin to flow, the people need to get used with it around them. Then even 1M$ is possible, of course, this may mean a "rebranding" first to mBTC or such to make it look more accessible.
|
|
|
|
Memento (OP)
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:33:21 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million.
|
|
|
|
Carlsen
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:40:03 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I think what op meant in his post is that if nobody sells, bitcoin will reach a price of one million dollars per bitcoin one day. Not that there are people out there, stupid enough to pay a million per bitcoin today. Op's theory is that we dictate the price by not selling.
|
|
|
|
megynacuna
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:42:41 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I don't think it works that way because if we all decide to sell at that price ($1million) and the Altcoins which are capable of offering the same services as Bitcoin on the blockchain is selling at say 10$ give me a reason why they would opt for Bitcoin ahead of the other potential Altcoins?
|
|
|
|
DonnieDarko
Newbie
Offline
Activity: 10
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 08:51:41 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I don't think it works that way because if we all decide to sell at that price ($1million) and the Altcoins which are capable of offering the same services as Bitcoin on the blockchain is selling at say 10$ give me a reason why they would opt for Bitcoin ahead of the other potential Altcoins? Altcoins is like an counterfeit money, they steal the idea of Bitcoin, they worth nothing, only Bitcoin is the real thing. We have countires where we can buy everything with Bitcoin.
|
|
|
|
HanSchultz
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 09:13:00 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
An individual really cannot control the price of bitcoin ,if i am holding a couple of million dollars worth of coins then i could manipulate the price as you say.When it comes to not selling bitcoin ,you really cannot restrict anyone and the price you quoted over here is just a dream and my expectation is that it could reach up to $10 k at the max if everything goes well.
|
|
|
|
LittleBitFunny
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 1428
Merit: 129
The first decentralized crypto betting platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 09:24:55 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I don't think it works that way because if we all decide to sell at that price ($1million) and the Altcoins which are capable of offering the same services as Bitcoin on the blockchain is selling at say 10$ give me a reason why they would opt for Bitcoin ahead of the other potential Altcoins? The price of altcoins is irrelevant. If the price of Bitcoins become higher people just buy smaller fractions of a Bitcoin - people aren't stupid, they know that Bitcoin is far more established, with a better community and arguably is better. Changes in the value of Bitcoin are only relevant as a comparison to what people bought them for, not generally. Gold is expensive, does that mean you say "they'll just buy silver"? No, they buy a smaller amount of gold, obviously.
|
|
|
|
bamboylee
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 09:32:06 AM |
|
If everyone is holding, then the price will not move, it will be stagnant. Price develops because there is demand, there is buy and sell. But if everyone is holding, nothing moves. Even the blockchain will be useless because there is no transaction to record.
|
|
|
|
Pettuh4
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 09:34:11 AM |
|
I don't see how this scenario of determining Bitcoin prices is feasible because if we all decide to sell at 1 million all of a sudden some May sell it for say $800,000 or less and the consistency to maintain it at a million dollar might be lacking. It is also an avenue for people to flood the Internet with shitcoins which are forked bitcoins in order to present an alternative and so might lead to Bitcoin losing its originality and global acceptance.
|
|
|
|
death69
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 09:54:04 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I don't think it works that way because if we all decide to sell at that price ($1million) and the Altcoins which are capable of offering the same services as Bitcoin on the blockchain is selling at say 10$ give me a reason why they would opt for Bitcoin ahead of the other potential Altcoins? Altcoins is like an counterfeit money, they steal the idea of Bitcoin, they worth nothing, only Bitcoin is the real thing. We have countires where we can buy everything with Bitcoin. How dare you to judge something which you have no idea about? There are many altcoins which are even greater than Bitcoin. Bitcoin is only a prototype, the origin cryptocurrency and It can not be stronger as other cryptos which have been developed, fixed and improved. You should go home or people here will laugh at your face
|
|
|
|
fortunecrypto
Legendary
Offline
Activity: 2492
Merit: 1048
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 10:04:50 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
People don't want to sell if their are no negative news or bugs that pops up,every want wants to hold their Bitcoin but sometimes there's negative news coming up or speculation created by traders who wants to purchase it much lower that it's current price..
|
|
|
|
uki
Legendary
Offline
Activity: 1358
Merit: 1000
cryptojunk bag holder
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 10:06:35 AM |
|
Altcoins is like an counterfeit money, they steal the idea of Bitcoin, they worth nothing, only Bitcoin is the real thing. We have countires where we can buy everything with Bitcoin.
How dare you to judge something which you have no idea about? There are many altcoins which are even greater than Bitcoin. Bitcoin is only a prototype, the origin cryptocurrency and It can not be stronger as other cryptos which have been developed, fixed and improved. You should go home or people here will laugh at your face Exactly. Bitcoin being the first coin in the block doesn't yet mean the development of the alternatives should stop. Stupid cloning is unfortunately part of the process, but that shouldn't eclipse the full image: that is the only way to advance, by prototyping and getting new ideas.
|
this space is intentionally left blank
|
|
|
slap
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 10:10:09 AM |
|
When btc will hit the 1000000 mark, you dont want to change them for fiat. For now fiat is a nice reference.
|
|
|
|
szpalata
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 10:14:28 AM |
|
If everyone is holding, then the price will not move, it will be stagnant. Price develops because there is demand, there is buy and sell. But if everyone is holding, nothing moves. Even the blockchain will be useless because there is no transaction to record.
Exactly, there will be no transactions to perform and the miners together with everyone on the blockchain would have to wait for tge whole world to agree to buy at our price before we roll the blockchain back in action. This is not a good idea OP, lets nurse Bitcoin to grow naturally.
|
|
|
|
Memento (OP)
Newbie
Offline
Activity: 56
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 24, 2017, 10:25:47 AM |
|
We always ask why Bitcoin price goes down or up? But most important thing that we don't understand is that we control Bitcoin price. You control Bitcoin price! No Banks, No goverments...
If we all would decide to not sell Bitcoin in exchanges for less than a million Bitcoin would worth 1 million. My message is that if you want Bitcoin price to become one million don't sell it cheap at exchanges it worths much more...
That isn't how it works. We can't just start selling Bitcoin for a million dollars and expect people to buy it. If Bitcoin is really only worth 1.2k, then why the hell would anyone, in the right state of mind, buy Bitcoin for 1 million dollars. It just doesn't make sense. We are not the only people who control the price, there are a lot of things that add together to make the value of Bitcoin. Bitcoin cost was 0.10$ cents now 1300$, why they should pay 1300$ instead of 0.10$ cents? Because Bitcoin now worth more than cents, same would be with the million. If Bitcoin costs a million, then it really costs a million. I don't think it works that way because if we all decide to sell at that price ($1million) and the Altcoins which are capable of offering the same services as Bitcoin on the blockchain is selling at say 10$ give me a reason why they would opt for Bitcoin ahead of the other potential Altcoins? Altcoins is like an counterfeit money, they steal the idea of Bitcoin, they worth nothing, only Bitcoin is the real thing. We have countires where we can buy everything with Bitcoin. How dare you to judge something which you have no idea about? There are many altcoins which are even greater than Bitcoin. Bitcoin is only a prototype, the origin cryptocurrency and It can not be stronger as other cryptos which have been developed, fixed and improved. You should go home or people here will laugh at your face We don't have better crypto than Bitcoin. Pokemon...
|
|
|
|
|