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Author Topic: Bitcoin prices rise high  (Read 37294 times)
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June 14, 2017, 10:36:53 AM
 #161

Bitcoin price increases because there are so many market demands so dashed that coin coins are all limited. When all om-line stores receive bitcoin as a means of payment transactions, then the bitcoin price can be fivefold from the previous price.

As more users are coming into bitcoin, the demand for the bitcoin has increased in a larger scale. So these days more shops accepting bitcoin is an added benefit, but the transaction confirmation issue always makes an defect with people using it directly for their needs. In the years to come the price will be growing much higher.

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June 14, 2017, 11:18:56 AM
 #162

now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

I think they see how bitcoin gives good income so that some stop working now they are focusing on bitcoin. Some of my friends stop working because they told that they got small salary on there job. In bitcoin there income is more than 3x to there salary.



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June 14, 2017, 11:26:18 AM
 #163

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

With the increase in the number of bitcoin users that can affect the market price demand so that it can affect the price rises because with the new users who enter into bitcoin of course the market demand will be more so that many investors also invest in it.

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June 14, 2017, 11:33:08 AM
 #164

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?



This may be one of causes of bitcoin users growing in different countries, because their interest in bitcoin is currently at such a high price.
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June 14, 2017, 11:37:18 AM
 #165

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?
Well i think it would be a bad idea to leave your main join, so that you could come to trade and deal with bitcoin. I think that it would be better to stay on your main job, and deal with bitcoin in spare time. You could leave your main job, only and i think only if you have a lot of money and are willing to buy and start trading with bitcoin. Only than you would be able to make enough money for life. And that all would not be possible if price was not fluctuating so much.
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June 14, 2017, 11:51:33 AM
 #166

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

you have a good point but you say many people leaving their job and focus to the bitcoin it is sounds crazy. But there is a big effect to the bitcoin because many people now are enter to the world of the cryptocurrency.

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June 14, 2017, 11:59:07 AM
 #167

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?


Definitely increase in Bitcoin price is major factor which causes increase in interest. Bitcoin price is continuously increasing for past few months and now price is almost steady around 2700$ which is why it is drawing people attention. Many of my friends who are not interested in bitcoin are know developed interest in bitcoin only because of its price.

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June 14, 2017, 12:08:41 PM
 #168

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

It is have a big impact to the bitcoin. Think about it that the btc is always having a good progress because many investors are now investing in the cryptocurrency world. People that is new to the bitcoin and later enter in to the crypto world have a effect to the price of the btc.

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June 14, 2017, 01:34:06 PM
 #169

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

you have a good point but you say many people leaving their job and focus to the bitcoin it is sounds crazy. But there is a big effect to the bitcoin because many people now are enter to the world of the cryptocurrency.
Yeah I also hear that many people leaving the job and just start to focus on Bitcoin because here is everyone making a good income from Bitcoin and they feel that getting money from Bitcoin is very easy than their job and there is a lot of people considered that they can get unlimited money from Bitcoin so they leaving their job and joining the Bitcoin.

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June 14, 2017, 03:13:09 PM
 #170

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?



This may be one of causes of bitcoin users growing in different countries, because their interest in bitcoin is currently at such a high price.


I partly agree with this because those people invested their money into bitcoin that causes price hike so fast but then we hope that this will be in long run,  we hope not just a small time invested. But you know whart I really heard some rumors that there were some people who gave up their job just to earn btc,  I guess it is partly bad,  having stable job cannot see in just online it is still better having real job.We do not know what is the next fluctuation so let us be very careful of things that we go into. It is a big risk.

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June 14, 2017, 03:33:21 PM
 #171

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

There are some factors that can affect the price to change. Bitcoin is digital money that you can use in trading and investing online. The fluctuation of supply and demand of bitcoin also affects the price to decrease and increase. But I'm glad that if the price of bitcoin will rapidly increase day by day.

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June 14, 2017, 03:35:01 PM
 #172

Bitcoin prices are rising steadily. It's good that a lot of people are already adapting to it. It will continue to rise as more people hold the coins and the supply gets smaller.

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June 14, 2017, 03:59:43 PM
 #173

Maybe . The more bitcoin users with the limited number of coins will make the price more expensive.
If all online shops in all countries accept bitcoin as a means of payment, maybe the price will be double the current price even more
And many more factors affecting bitcoin prices in addition to numbers and users  Cheesy
Well, there are lot of factors that can affect the price of bitcoin and bitcoin has no definite value because in every second, minutes, hours the price of bitcoin is always change. The fluctuation of supply and demand in the market is main factor that can affect the price of bitcoin to change. Furthermore, the numbers of people who have it or buy it also affect the price of bitcoin to change.

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June 14, 2017, 04:18:31 PM
 #174

I don't think that people have stopped working and started focusing on bitcoin ,because as far as i have spoke with people ,they don't know a lot of bitcoin and they are definitely not going to quit their jobs and focus on bitcoin.I think that some people might invest in bitcoin for a side income rather than spending their whole time on it.The possible impact of increasing price of bitcoin is that people will know more about bitcoin and think of investing in it.

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June 14, 2017, 07:26:53 PM
 #175

Bitcoin prices are rising steadily. It's good that a lot of people are already adapting to it. It will continue to rise as more people hold the coins and the supply gets smaller.
although some time we can see that the price of bitcoin dump but it is just a correction but overall the price of bitcoin is increasing, and it is expected that the price of bitcoin will continue increasing for along time, because investors are still very confident about the price of bitcoin and therefore they are investing more and more money in bitcoin, and hope that very soon they will get good profit from it.
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June 15, 2017, 02:27:51 AM
 #176

Bitcoin prices are rising steadily. It's good that a lot of people are already adapting to it. It will continue to rise as more people hold the coins and the supply gets smaller.
although some time we can see that the price of bitcoin dump but it is just a correction but overall the price of bitcoin is increasing, and it is expected that the price of bitcoin will continue increasing for along time, because investors are still very confident about the price of bitcoin and therefore they are investing more and more money in bitcoin .
I think the same, the correction on bitcoin prices will only happen in the short term, many issues are pressing bitcoin prices, although the issue is a bit unreasonable to me, in the long term bitcoin prices will continue to rise because bitcoin has begun legalized in some countries
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June 15, 2017, 03:01:28 AM
 #177

I think the price will keep going up.
Why is that ?
As more and more people recognize bitcoin.
Let alone yesterday had a glimpse of wannacry virus issue to make people more curious.
"What is bitcoin"

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June 15, 2017, 04:05:47 AM
 #178

With higher bitcoin prices, of course the impact of both users are in different countries.
So many of them are interested in learning about bitcoin. And their interest is triggered by a very high bitcoin price factor.
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June 15, 2017, 06:12:46 AM
 #179

Many people are now curious to know what bitcoin is, whereas once bitcoin was just underestimated, now upside down many people stop working instead they prefer to focus on bitcoin

Is this the impact of rising bitcoin prices?

They may leave their jobs because their income from bitcoin is feasible (price increases make worthy bitcoin) to replace their work, the popularity and bitcoin features that attract investors also have an impact here, to reverse the thinking of the first to underestimate and now adore him.

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June 15, 2017, 01:13:38 PM
 #180

I don't see it exclusively as 'growth of bitcoin' when price is rising and  vice versa. Bitcoin is currency but a volatile one with a not big market cap. I will see it as growth when people prefer to transact each other using it instead of fiat money or other way payments.
Well in this regard I can only say that your analytical approach is a weak one.

Being practical each and every transaction is not possible to be deal in the Bitcoin because you don’t have to pay a fee on the fiat while paying a merchant for your grocery items that you purchase for daily life use nor for the food that you buy from the restaurants if you have to pay it in the Bitcoin you have to pay extra the transaction fee.

I personally will never do it but still I know the scope of Bitcoin transaction for long distance and I am seeing the growth of the Bitcoin.


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