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Author Topic: Bitcoin prices rise high  (Read 36793 times)
chineseprancing
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July 31, 2017, 08:07:06 PM
 #501

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?

As the prices go higher more and more people become obsessed with bitcoin so I think the price of bitcoin is one of the selling points of the currency, people see that and wonder why something like this is so valuable and then they begin to research for themselves why this is so.
When bitcoin price raised up I believe that there's a lot of people were eager to earn it. I think most of the people are greedy in terms of bitcoin and money. They just want to earn above the earnings of other.



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buwaytress
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July 31, 2017, 08:13:36 PM
 #502

A trading analysis does not actually have anything scientific. Grin It is not a question of applying a formula and poof! We're all rich cool
If you do not understand the technical analysis, I invite you to learn about the definition of speculation.

After the TA is like for everything ... when it does not work we are looking for why (the Guide of Life 101).

I don't think there are many pros here, so we make each to our sauce, the ideal being with good humor and sharing.

It's a skill in itself, to say a lot without committing to anything, like this TA successfully did! But you're right, we all understand how speculation works and I myself enjoy dabbling but I've learnt not to ask why after it (eventually) fails. Keep sharing the good humour.

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July 31, 2017, 08:16:50 PM
 #503

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 that's the main reason why. People used to ignore bitcoin when it was first launched since it's value is just less than a dollar. Now that it's value raised over $2000 a lot of people took interest of investing into it. A lot of people became rich because of bitcoin, so there's no wonder why more and more people are getting curious about it.

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August 01, 2017, 04:14:58 PM
 #504

The price of bitcoin are still strong at this level, and i believe that it will continue to soar high. Overtime bitcoin will help us build our future, there is no way for bitcoin but to go up and make a lot of people rich. Invest your money and enjoy your profit later on.
the price of the bitcoin is still increasing and a lot of people are thinking to buy some bitcoin for their future bitcoin level is strong and it will remain the same till the last of the month but after the month august first it will increase more it is being use for the online payment and for this purpose you just need some bitcoin in your wallet.

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August 05, 2017, 02:54:29 AM
 #505

As of now, the price of bitcoin is not stable sometimes it getting high and sometimes it getting low. But I believe if people will going to patronize it or use it then the bitcoin will increase its price. And because of its high price, a lot of people will become interested about bitcoin because many of them want to become rich and sometimes they will make it as their partner in attaining their dreams and that's the reason why I'm using bitcoin  today just to achieve my dreams. Thanks to bitcoin.
The reason why the price of the bitcoin is not stable is being volatile. Bitcoin is volatile, it means that the price is extremely change. There is a time that the bitcoin is dump and there is also a time that the bitcoin pump very much.

Everyone has become accustomed to such fluctuations in the price of bitcoin. Many simply use this and buy bitcoin at a time when the price is low, and sell at a high price. This is the main rule of trading.
One must always believe that the price of bitcoin is restored after any fall
This is what people need to understand, they enter bitcoin and are not used to the huge variations in price that bitcoin suffers and that is why some choose to not enter the market or this is the main reason of why they leave, but this is a mistake, what we need to see is the huge growth potential that bitcoin has, and when you look at bitcoin that way then holding despite the ups and downs becomes easier.

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August 05, 2017, 03:37:14 AM
 #506

Any price we will always say expensive, this is because we are not serious to buy bitcoin, I'm sure if the price of 1 bitcoin = $ 1 then we will say expensive, it all depends on us.

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August 05, 2017, 10:00:30 AM
 #507

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?



Yes I think so. Many people think that they would earn much more money in bitcoin than working because bitcoin price is now high compare to the previous years. Me, I will also do the same thing they did. Why suffer from hard work and get stress if I know some options where I can earn much big amount of money without getting stress. If bitcoin price continue rising I think much more people will go to bitcoin and I have read that the more the people who use bitcoin, the higher the chance that bitcoin will rise more since there are not enough coins for all the users.
Some people do that but there are others that enter in bitcoin because there is nothing left, the labor market is very difficult at the moment no matter where you are in the world and bitcoin is an escape it give us the chance to earn in this new currency and it gives that chance without asking any questions like the ones you will find in almost any job interview.
As compare to labor market and bitcoin life. There are much difference. There are many people on the earth who are unemployed just because of laziness as well. Like they cannot work in their lives. So as they enter to bitcoin they feeling better in bitcoin because it is one of the easiest work ever even more easily than labor market so that's why people prefer bitcoin instead labor market.














 

 

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August 05, 2017, 10:23:03 AM
 #508

Any price we will always say expensive, this is because we are not serious to buy bitcoin, I'm sure if the price of 1 bitcoin = $ 1 then we will say expensive, it all depends on us.
This is probably because bitcoin cannot easily earn. A lot of people get paid in Fiat just for coming to work. Allowances are handed out for free. With bitcoin it will not work and therefore its value is always high.

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August 05, 2017, 10:32:52 AM
 #509

Of course, bitcoin is growing very fast and you can get a good profit with the help of it, but you should not focus only on it and because of this, throw the main job. You need to consider several income options at the same time.

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August 05, 2017, 11:44:09 AM
 #510

Bitcoin is really going crazy! The value is going up and up. Its amazing seeing the sudden changes happening, just few month ago, the value crash so hard and suddenly increase this time.its getting more interesting what is about to happen. More and more people are niw engaging themselves with bitcoin which is I think another factor why bitcoin was increasing. More and more user are getting richer, sorry for those who dont take the risk. Be watchful holders, bitcoin is getting more hotter.

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August 05, 2017, 04:16:57 PM
 #511

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?

Maybe yes, if some bitcoin user use the bitcoin for their investment the price will increase high. The easy explanation is if more user of bitcoin buy it will rise high and if they sell it will dump. It will rise because it becomes popular so the supply of bitcoin will increase.

Indeed bitcoin is very helpful on those people who have no work or have job that used this a part-time job because it gives also a income. With their uses and benefits who do you think will throw this opportunity? Nothing!

It will rise because it is the way to become famous and legal the bitcoin in our market. If this happen, more user will encourage to use so the supply will increase again.

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August 05, 2017, 06:36:59 PM
 #512

If you buy bitcoin, the price of it will rise but if you will sell it there will be a dump in prices. I agree that a lot of people are now curious what bitcoin is like. I would also agree that many of us focus on bitcoin and some of us do this for a part time job. It really helps us financially right? But I really believe that you shouldn't stop working but make bitcoin your part time.

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August 05, 2017, 06:54:58 PM
 #513

  I actually cant believe my eyes. $3,300?!?!?!?!!?! Just yesterday it was $2,850 and I thought that was super high. Later someone told me to check the price and it was $3,100... I was astonished. Then I go to sleep, wake up and it is $3,300... this is absolutely amazing.
  I predicted this to happen, but totally thought the bubble burst when the price dropped below $2,000.


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genocide
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August 05, 2017, 07:49:52 PM
 #514

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?


I guess? It just passed the $3,000 mark recently and up until now the bitcoin price still continues to increase. This could be the main reason why people are getting interested to invest in bitcoin.

How glad to hear bitcoin prices go up as high as ever before, but it's just a hike that will not last long because every increase there must be a drop in its price.

Yeah of course there would be a drop in its price sometimes but it is just a minimal decrease. If you will base on previous charts, the bitcoin price will probably continue to climb up in the long run.

BUK2016
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August 05, 2017, 08:31:47 PM
 #515

There are so many factors that influence the market value of Bitcoin upward. One could attribute the current increase to the total dump in market value of Bitcoin cash. So many people have lost hope in bitcoin cash as a result a dump from  $1000 to $200 or thereabouts.

Bakote16916
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August 07, 2017, 11:23:42 AM
 #516

There are still many people who do not know about bitcoin, but if they know and plunge in it I think not a few will be interested in bitcoin. Moreover, when bitcoin prices go up.

rhodelmabanal
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August 07, 2017, 11:48:38 AM
 #517

It's more important to be at constant price than to be increasing. Its because we are trying to cope up in trading, if we wish to increase there will be a chance to be in decreasing price.

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ethtraderdude
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August 07, 2017, 12:02:33 PM
 #518

the amount of outside money who hasn't invested in bitcoin yet is still huge compared to the marketcap of the whole industry, that probably has something to do with it

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richminded
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August 07, 2017, 11:27:41 PM
 #519

It's more important to be at constant price than to be increasing. Its because we are trying to cope up in trading, if we wish to increase there will be a chance to be in decreasing price.

Its normal in bitcoin price specially the price of bitcoin is really volatile if the price of bitcoin at a constant level its more hard to do trading, and its hard to predict the price. In my view the price of bitcoin will still on a bullish pattern and no other way for bitcoin but to go up.

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August 09, 2017, 11:50:49 PM
 #520

Maybe yes. It sometimes affects how people became really interested in bitcoin. It somehow has a directly relationship where when people are eager to embrace bitcoin the price of bitcoin got higher.  But it would be good to use bitcoin as our currency as it brings a lot of benefits and it is convenient.

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