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Author Topic: Bitcoin prices rise high  (Read 37022 times)
Omega Weapon
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September 02, 2017, 04:15:25 AM
 #721

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?



Most people only see money and not potential. That is why they close their minds to uncommon things which lead to them having regrets. Good for them.

Well, it is possible that a lot are quitting jobs and prefer to focus on bitcoining. Because they see the potential of bitcoin. The thought of being rich without doing so much work or having a boss is a pretty good dream and can obviously get someone on a high and addicted to the thought. While i agree that this is possible, I do not think it is a smart thing to quit your job so you can focus on bitcoining. Bitcoin itself is not a sure thing. Anything can happen in the world of crypto. A better thing to do is choose both and have time management. So that if one fails, you still have the other. FYI! It is not forbidden nor illegal to choose both! Don't be stupid.
This, it is a mistake to leverage your bets, bitcoin is great and I believe in it, but there is still a chance that it does not work and if you invested everything in bitcoin then you are going to lose everything too, not only your money but the time and energy that you invested on it, so be smart and get a job and if you already got one then do not drop it because of bitcoin.

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September 02, 2017, 04:32:56 AM
 #722

Rising the price of bitcoin has a big impact to the bitcoin community and users. As goes by the bitcoin increasing value the user of it will focusing to use it instead to make job. Since the value of bitcoin is high its become the source of income to anyone.

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September 02, 2017, 05:50:47 AM
 #723

If you are in Bitcoin since severals years you are more than happy with the current value. who is going to complaint because their coin value jumped from $100 to $4000.

I do not think anyone has the patience to store bitcoin for a long time as it has risen in the past. They buy it at $ 100, and when bitcoin goes up $ 400, they will definitely sell it, because it's a big profit. No one is patient enough and waiting.
Agree!! hahah! When I have bitcoin and then I've waited for the bitcoin to rise, I will already transfer it to my bank account, but then it will increase again and then I am disappointed to myself because I am not patient enough to wait, just like now.  Grin
If the price of Bitcoin fall down after you took your profit, you will think "Oh, I'm lucky when decided sold out all my Bitcoin, haha buy back and enjoy profit again ... "  Grin. Depends the situation on market, you will have diffenrentce thought.
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September 02, 2017, 06:05:12 AM
 #724

it's not easy to answer the question "what is bitcoin?". I did explain the basic knowledge about bitcoin to my friend and it costs me at least 2 hours for they to understand. Too many details i need to tell him and i guarantee many "bitcoin holder" can't explain what is bitcoin.
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September 02, 2017, 06:17:43 AM
 #725

it's not easy to answer the question "what is bitcoin?". I did explain the basic knowledge about bitcoin to my friend and it costs me at least 2 hours for they to understand. Too many details i need to tell him and i guarantee many "bitcoin holder" can't explain what is bitcoin.

As soon as you start getting into the details they get turned off because it can be very hard to understand. With that said, someday it will be taught in school and everyone will know what it is.
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September 02, 2017, 06:24:38 AM
 #726

it's not easy to answer the question "what is bitcoin?". I did explain the basic knowledge about bitcoin to my friend and it costs me at least 2 hours for they to understand. Too many details i need to tell him and i guarantee many "bitcoin holder" can't explain what is bitcoin.

I think some people can't understand it very easily because Bitcoin is completely technology oriented so many people will not understand in the beginning. Even to me also, in the beginning, it is very hard to understand but I didn't convince about learning. Now I have learned a little bit about Bitcoin technology and it's usages.

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September 02, 2017, 06:44:25 AM
 #727

I do not know how much the bitcoin will reach the last price.But i think so the increase in bitcoin users and the price will increase.Still many people do not know its demand.As soon as possible,as much as possible Bitcoin will reach the highest price.


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September 02, 2017, 06:44:46 AM
 #728

This, it is a mistake to leverage your bets, bitcoin is great and I believe in it, but there is still a chance that it does not work and if you invested everything in bitcoin then you are going to lose everything too, not only your money but the time and energy that you invested on it, so be smart and get a job and if you already got one then do not drop it because of bitcoin.
Probably the best advices about bitcoin now i think, its true that bitcoin prices had soar into the sky in this few weeks, and i think it double the prices from last month. However it still posess a risk if you investing in your bitcoin only and only hoping that you will gonna be rich from it. Every dumb people will think like that, "I dont need to work, i dont have a boss of my own, and i can be rich guy in instant". The truth is success didn't come overnight, and if you're looking about quick rich scheme, probably you better go test your luck in casino and gambling, cause i think it require less energy than investing in any cryptocurrency, and its faster too  Grin
Well, in long term i think that bitcoin prices still has a long way to go, and can keep continue rising however it doesnt mean we need to ditch other possible income or side jobs  Grin

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September 02, 2017, 07:54:46 AM
 #729

yes I agree with you, by managing bitcoin does not mean we have to leave another job and focus on bitcoin only, because if there are other jobs that produce of course we need to do to help cost our life.

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September 02, 2017, 08:30:11 AM
 #730

Investing bitcoins is risky thing .. in an instant it soar's high or sometimes it goes down depends upon the supply and demand.. Most people are curious on what is bitcoin.. and some are doing hard to produce bitcoin.. and this is another factor why bitcoin keeps rising...This is another breaking records of mankind of using this kind of technology.. It was so amazing when we used this to transact payment so fast and very convenient. It totally helps our life runs easier.. and i believe it will continue to rose up in the future.
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September 02, 2017, 09:36:52 AM
 #731

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?


A Big Yes, I believe that the more the bitcoin become famous is the more investment will come and the more investment that will pouring in the more stronger and stable it become. Same in our traditional business in which if no one will patronize the business it well fall and disappear. Very lucky are those who patronize the bitcoin earlier because it is now very expensive to purchase. 

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September 02, 2017, 09:55:16 AM
 #732

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. There are more users of bitcoin. Like in Russia, Japan, China, Germany and many more people in that countries. More users have these coins, will make the price more expensive. If all transactions, accept bitcoins as the mode of payments, bitcoins can increase, because it's faster and secured transaction among all currencies.

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September 02, 2017, 02:42:19 PM
 #733

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?


     In my point of view, It depends to a person if they want to quit on their job and focus here in bitcoin. But I am looking forward that someday many people would not choose to quit their job because of the reason like this. I am pretty sure it will make a big effect in the industry of business because as far as I know many teenagers are engaged of bitcoining and hopefully they will choose to work in the real world not only here in the digital world.

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September 02, 2017, 03:45:32 PM
 #734

it's not easy to answer the question "what is bitcoin?". I did explain the basic knowledge about bitcoin to my friend and it costs me at least 2 hours for they to understand. Too many details i need to tell him and i guarantee many "bitcoin holder" can't explain what is bitcoin.

As soon as you start getting into the details they get turned off because it can be very hard to understand. With that said, someday it will be taught in school and everyone will know what it is.

I am looking forward for that day that bitcoin will be taught in school so that people will not see bitcoin as a digital money but also a very good technology that all of us can use. These days there are a lot of people who are involve in bitcoin simply because they want quick money and forgets the true usage of bitcoin.

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September 02, 2017, 05:31:19 PM
 #735

There are also many people who work very hard and doesn't still know that bitcoin is existing, a very great currency in internet with a high value when it is converted to real money but sometimes after conversion fees are  so incredibly getting higher too, the price of bitcoin rise and also its fees rises.

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September 02, 2017, 05:42:57 PM
 #736

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?


     In my point of view, It depends to a person if they want to quit on their job and focus here in bitcoin. But I am looking forward that someday many people would not choose to quit their job because of the reason like this. I am pretty sure it will make a big effect in the industry of business because as far as I know many teenagers are engaged of bitcoining and hopefully they will choose to work in the real world not only here in the digital world.
Yeah that is right many people especially the younger generations tend to go outside of being an employed person as they see themselves in a lot og bigger role to fill in, But if a certain percent of the population becomes self-employed I think there will be a bad effect on it especially in the business sector from higher prices to a fall of a business it may happen, their counter-measure would be increasing the basic salary and maybe other benefits in order to persuade them into being an employed person.

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September 02, 2017, 07:10:05 PM
 #737

For sure it will affect the price. But if I have work I dont stop it . Its better if you have work and if you work with bitcoin if you fo that you can save a lot of money. More bitcoin more profit to come with you. Anyway the price of bitcoin is already 4600 dollars and for sure it will increase more. So hurry up invest only the money you can afford to lose or invesg only the extra money that you have.

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September 02, 2017, 10:10:39 PM
 #738

Actually we just broke the 4900 USD price mark a couple nights ago. The more people who knows about bitcoins the better since it will create a demand for it. The more demand it has, the higher the price gets pushed.

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September 02, 2017, 10:52:32 PM
 #739

Actually we just broke the 4900 USD price mark a couple nights ago. The more people who knows about bitcoins the better since it will create a demand for it. The more demand it has, the higher the price gets pushed.
Very true because it will add up more demand that will lead for bitcoins price to increase. We are having a correction at the moment and we should do nothing with it but keep on holding our bitcoin. I missed again seeing the price at peak so I wasn't able to sell.

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September 04, 2017, 07:42:18 PM
 #740

Investing bitcoins is risky thing .. in an instant it soar's high or sometimes it goes down depends upon the supply and demand.. Most people are curious on what is bitcoin.. and some are doing hard to produce bitcoin.. and this is another factor why bitcoin keeps rising...This is another breaking records of mankind of using this kind of technology.. It was so amazing when we used this to transact payment so fast and very convenient. It totally helps our life runs easier.. and i believe it will continue to rose up in the future.
Yes, Bitcoins have made our lives much easier in terms of financial problems but I did not understand why you called them risky investment. They are not risky at all. Yeah, sometimes they do dump in value because of their volatile nature but it is not enough to declare them risky. For me they are the safest investment.

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