ArnoldChippy
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May 24, 2017, 11:53:49 PM Last edit: May 28, 2017, 01:32:56 AM by ArnoldChippy |
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I do not know what impact bitcoin is causing in the world's finances, but I only know that in the near future bitcoin will be legalized in some countries. Maybe that's why bitcoin prices soaring
The bitcoin price is making people to concentrate their minds to bitcoin. The investors are taking interest to invest in bitcoin and the news channels are also taking their interests in it and they are publishing the news of bitcoin price and are inviting people to invest in it. That will affect the finance in a way that most of the money will be shifted to bitcoin. yes that is right, people are now giving full attention to bitcoin. bitcoin price is increasing continuously because of the the increase of the demand of bitcoin. people are become more and more confident to trade bitcoin they are continuously putting money in bitcoin which is causing its price to skyrocket. the demand of bitcoin is increasing from time to time that is what it also causing increase in the price of bitcoin.
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cotton ball
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May 25, 2017, 12:05:13 AM |
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Price seems harder to predict now. It keeps on increasing probably the after effect of several countries adoption. And I believe it will keep on increasing since lots of major company are now joining Bitcoin ecosystem. What worries me is the crash after this hype and I hope it won't happen.
I hope also it wont happen because you see the price is very high and what if most of the people holding bitcoin decide to sell their bitcoin for sure the price dump and crush. The price is contiously increasing and I believe bitcoin will reach $3000-$4000. Yes its hard to predict what is the price of bitcoin in the future but in prediction it will reach $3000-$4000 in this year 2017. Many people holding their bitcoin so its better if you hold your bitcoin too and buy bitcoin its not too late the price will increase in the next months but invest only you can afford to lose. I'm not too sure bitcoin will reach $4000 this year because I heard news that many bitcoin miners who have signed a deal with BU about 2mb of segwit implementation and will appear in september, this will be a new problem and I think will affect the bitcoin price.
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crazycatwoman03
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May 25, 2017, 01:42:01 AM |
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Bitcoin is moving to $2000 today. What is the impact of this geometrical price movement to the world financial system? Let us discuss.
It not only $2k, it is continuously increase and many bitcoin user are greedy for the price. It still pump and this will be the reason why other countries invest their money for the profit. In our economy it not totally can compete to dollar, the population is too small to take down the dollar currency. But in benefits it has advantages compare to other currency it same to dollar that world currency but the price has a big difference.
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INVALID BBCODE: close of unopened tag in table (1)
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ocid
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May 25, 2017, 02:10:34 AM |
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With rising prices like today many bitcoin users have a goal for future investment so they believe bitcoin prices will increase in the coming year, Because this kind of thing we can feel like now with rising bitcoin prices our mindset is growing to run a business.
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malami
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May 25, 2017, 08:30:53 AM |
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Lets all pray it keeps rising and the bubble doesn't pop. But seriously a few days going down a bit or a few weeks of sideways movement would be healthy for bitcoins future.
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desertxp
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May 25, 2017, 09:51:30 AM |
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Nah it can't be stopped now
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umbara ardian
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May 25, 2017, 11:55:33 AM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
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ScriptYoYo
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May 25, 2017, 12:14:57 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin.
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sobsitesearch
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May 25, 2017, 01:10:52 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin. I think the increase of value of bitcoin because of the continuous adoption of more country to be one of their currency and demand will double or triple every hour that is why the value are reflecting to increase until now. And that is good for more investors.
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mantra
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May 25, 2017, 01:27:09 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin. I think the increase of value of bitcoin because of the continuous adoption of more country to be one of their currency and demand will double or triple every hour that is why the value are reflecting to increase until now. And that is good for more investors. Probably, japan is the leading country in the use of bitcoin in my opinion. But the tension in korea is also quite influential
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Nesmo
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May 25, 2017, 01:32:36 PM |
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Bitcoin exchange rate at Bitstamp is $2695 right now, not the highest one but at average price, in my country its already $3284 (no need to wait for the end of the year). But we know that higher price mean more volatile which people could massive sell out their bitcoin for instant profits. However, the price will rise again even it drop to $1000 because we know bitcoin capabilities as investment commodity.
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danherbias07
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May 25, 2017, 01:34:26 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin. I think the increase of value of bitcoin because of the continuous adoption of more country to be one of their currency and demand will double or triple every hour that is why the value are reflecting to increase until now. And that is good for more investors. I would have to agree with that. The acceptance of Japan and more usage makes other Japanese who doesn't even know bitcoin wonder what it is and that is a spark for a new investor or a new user of bitcoin. It will increase in demand if even just a thousand of people in Japan would want to try using bitcoin for transactions. If only this could be done for many countries but the problem is technology which we dont have in my own country.
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deisik
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May 25, 2017, 01:52:16 PM |
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Lets all pray it keeps rising and the bubble doesn't pop. But seriously a few days going down a bit or a few weeks of sideways movement would be healthy for bitcoins future Let's be honest here We wish that Bitcoin would go down for a few days mostly because we sold (some part of) our bitcoins and just want to buy them back at lower prices (read cheap). We don't really care so much for the Bitcoin future (since Bitcoin will be fine anyway, with or without us) as for our future profits. But market doesn't work this way, it will wait patiently till we start buying at higher prices than we sold, and then it will strip us off of our money
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asriloni
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May 25, 2017, 02:07:32 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin. I think the increase of value of bitcoin because of the continuous adoption of more country to be one of their currency and demand will double or triple every hour that is why the value are reflecting to increase until now. And that is good for more investors. I think so, There will be a good news from russia about the bitcoin legalism and it will give another support for the price of bitcoin and the demand will increase everytime. This will give a lot of impact for another altcoin too.
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DarkIT
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May 25, 2017, 02:22:37 PM |
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Today bitcoin prices are rising very fast, and I think, among all the price increases, this is the fastest, tallest, and very stable rise. I hope bitcoin prices do not affect other prices, and do not cause the step or the difficulty of getting bitcoin.
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Kotone
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May 25, 2017, 02:32:01 PM |
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I saw a lot of news about bitcoin today, they all told me of the rapid rise of bitcoin. More and more media are telling the bitcoin, but the most influential today, due to the rise in bitcoin are the countries that have used the bitcoin nest system they use, that's what keeps the bitcoin growing.
Bitcoin will only grow about it by saying all the news and experienced investors. There is no reason to doubt and you need to earn with this coin. I think the increase of value of bitcoin because of the continuous adoption of more country to be one of their currency and demand will double or triple every hour that is why the value are reflecting to increase until now. And that is good for more investors. True the continuously adoption of each country that is why bitcoin price increasing that fast japan , china , Hawaii is now using bitcoin who will lead the market soon enough once bitcoin reach the prediction price of expert. Investors who invest their money to this currency will be more happy and millionaire soon. Also how if company will use bitcoin and implemented to it there is a change that bitcoin will be more expensive.
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Monnt
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May 25, 2017, 07:25:57 PM |
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However this would present challenges for bitcoin users as the transaction fees will go to $2-3 on average for each transaction once bitcoin hits $2,000. And that's crazy. I used to send 20 transactions or even more per day for a dollar, and if i did that now that would have been $50-60 a day. Not to mention all my transactions were microtransactions with dust amounts and multiple inputs and outputs... Probably would cost closer to $100 a day just to send these Personally, I stick to a different opinion I don't think that low fees are actually as important for reaching higher prices as many people around here are inclined to think. How come? Prices are determined on exchanges, but people that are trading there rarely move their coins, and when they move them they certainly move large amounts or use cheap altcoins such as Litecoin as a transfer vehicle if they don't want to pay hefty taxes. So we may see both prices and fees rising at the same time (in Bitcoin terms as well), and that may last for long Well fees are rising with the price and with the mining difficulty too, right? Personally, these higher fees don't bother me as much as the confirmation times and the fact that blockchain.info wallet is giving me such a low fee with 120sat/byte. I think the increase in the fees is not such a great issue at all. I think people are exaggerating it. If we can get a better quicker and faster transaction I think there is nothing wrong in the increase of the fee. It is basically to facilitate more users and to avoid unnecessary transactions. If transaction fees were a real problem, bitcoin might have not got this big peaks in recent times.
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ananas99
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May 25, 2017, 07:38:59 PM |
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However this would present challenges for bitcoin users as the transaction fees will go to $2-3 on average for each transaction once bitcoin hits $2,000. And that's crazy. I used to send 20 transactions or even more per day for a dollar, and if i did that now that would have been $50-60 a day. Not to mention all my transactions were microtransactions with dust amounts and multiple inputs and outputs... Probably would cost closer to $100 a day just to send these Personally, I stick to a different opinion I don't think that low fees are actually as important for reaching higher prices as many people around here are inclined to think. How come? Prices are determined on exchanges, but people that are trading there rarely move their coins, and when they move them they certainly move large amounts or use cheap altcoins such as Litecoin as a transfer vehicle if they don't want to pay hefty taxes. So we may see both prices and fees rising at the same time (in Bitcoin terms as well), and that may last for long Well fees are rising with the price and with the mining difficulty too, right? Personally, these higher fees don't bother me as much as the confirmation times and the fact that blockchain.info wallet is giving me such a low fee with 120sat/byte. I think the increase in the fees is not such a great issue at all. I think people are exaggerating it. If we can get a better quicker and faster transaction I think there is nothing wrong in the increase of the fee. It is basically to facilitate more users and to avoid unnecessary transactions. If transaction fees were a real problem, bitcoin might have not got this big peaks in recent times. So there is not a lot of transactions, because everyone keeps their Bitcoin for the future price And no sales are foreseen.
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planfox
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May 25, 2017, 08:52:11 PM |
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However this would present challenges for bitcoin users as the transaction fees will go to $2-3 on average for each transaction once bitcoin hits $2,000. And that's crazy. I used to send 20 transactions or even more per day for a dollar, and if i did that now that would have been $50-60 a day. Not to mention all my transactions were microtransactions with dust amounts and multiple inputs and outputs... Probably would cost closer to $100 a day just to send these Personally, I stick to a different opinion I don't think that low fees are actually as important for reaching higher prices as many people around here are inclined to think. How come? Prices are determined on exchanges, but people that are trading there rarely move their coins, and when they move them they certainly move large amounts or use cheap altcoins such as Litecoin as a transfer vehicle if they don't want to pay hefty taxes. So we may see both prices and fees rising at the same time (in Bitcoin terms as well), and that may last for long Well fees are rising with the price and with the mining difficulty too, right? Personally, these higher fees don't bother me as much as the confirmation times and the fact that blockchain.info wallet is giving me such a low fee with 120sat/byte. I think the increase in the fees is not such a great issue at all. I think people are exaggerating it. If we can get a better quicker and faster transaction I think there is nothing wrong in the increase of the fee. It is basically to facilitate more users and to avoid unnecessary transactions. If transaction fees were a real problem, bitcoin might have not got this big peaks in recent times. So there is not a lot of transactions, because everyone keeps their Bitcoin for the future price And no sales are foreseen. At the time when I write this message, the price of bitcoin is very unstable. I saw a sharp drop, which can not be explained. I do not understand what's going on. And I really do not like it, I'm starting to get nervous
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