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Author Topic: Bitcoin prices rise high  (Read 30367 times)
CyberKuro
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June 09, 2017, 11:21:17 PM
 #81

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.



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June 10, 2017, 01:00:07 AM
 #82

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.

I hate it that there are so many speculators in bitcoin. I mean it's good that bitcoin is climbing in value but that shouldn't be why people get into bitcoin in the first place. I have seen people who invest blindly in bitcoin because they see the price is going up and want to ride the bull wave, without any knowledge about bitcoin, what it is and what it represents. Publicity can be good, and it can be produced out of a bitcoin price hike like this one. But in the end we want more merchants to accept btc, not more speculators.


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June 10, 2017, 06:35:09 AM
 #83

When the Government of Japan and South korea formally legalizing the use of bitcoin then prices skyrocketed and seemed difficult bitcoin to fall, I'm sure the price will continue to rise this year could reach even $7500.

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June 10, 2017, 07:36:20 AM
 #84

When the Government of Japan and South korea formally legalizing the use of bitcoin then prices skyrocketed and seemed difficult bitcoin to fall, I'm sure the price will continue to rise this year could reach even $7500.
That's very optimistic. I wouldn't mind that to be honest but I would rather see it climb to 3500$ and then have it stabilize around 3000$ at the end of the year. If that happens I'd be very happy for this year.


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June 10, 2017, 07:48:27 AM
 #85

When the Government of Japan and South korea formally legalizing the use of bitcoin then prices skyrocketed and seemed difficult bitcoin to fall, I'm sure the price will continue to rise this year could reach even $7500.

I really doubt it will hit $7500 this year... That would mean a market cap of over 100 billion dollars! You see that happening yet? I don't..

Anyways, anything is possible, but it would require a huge rise in price, which is possible, but not plausible in 6 months.

I rather think it will hit it in 2-3 years. Maybe a bit earlier, but not in 6 months.
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June 10, 2017, 10:32:43 AM
 #86

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.

For now this price in my opinion is still too small, so it is better for those who still have no intention to join bitcoin world should from now try to think again before too late, when you join 1 sathosi value equal to 1 $ that regret, so before too late, Now we learn bitcoin together.

As a note of stock bitcoin is limited in this world only available 21 million bitcoin alone until now that has spread the remaining 16 million bitcoin still mined

kelseydustin
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June 10, 2017, 02:55:09 PM
 #87

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.

For now this price in my opinion is still too small, so it is better for those who still have no intention to join bitcoin world should from now try to think again before too late, when you join 1 sathosi value equal to 1 $ that regret, so before too late, Now we learn bitcoin together.

As a note of stock bitcoin is limited in this world only available 21 million bitcoin alone until now that has spread the remaining 16 million bitcoin still mined
I do not think that 1 satoshi will equal to $1 because of the fee. No one will agree with the fee which is higher than $100 for a small transaction. Only become the digital diamond will the price of bitcoin higher than $10000000

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nuela
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June 10, 2017, 03:10:26 PM
 #88

This is very clear, one of the invoices that many people will recognize bitcoin with the increase.financial benefits they can get. Unfortunately they do not necessarily believe in the technology but instead want to get rich quick.

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June 10, 2017, 03:59:14 PM
 #89

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.

For now this price in my opinion is still too small, so it is better for those who still have no intention to join bitcoin world should from now try to think again before too late, when you join 1 sathosi value equal to 1 $ that regret, so before too late, Now we learn bitcoin together.

As a note of stock bitcoin is limited in this world only available 21 million bitcoin alone until now that has spread the remaining 16 million bitcoin still mined
I do not think that 1 satoshi will equal to $1 because of the fee. No one will agree with the fee which is higher than $100 for a small transaction. Only become the digital diamond will the price of bitcoin higher than $10000000

I cant imagine if 1 satoshi is 1 dollar, so every transaction will pay around $10K ++. I agree bitcoin will rise, but wont above $10K

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June 10, 2017, 04:31:15 PM
 #90

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 think so, as the price is the main reason why many people interested to bitcoin, because its value is growing over time, so people looking for a chance to invest on bitcoin. I admit, the first time found out about bitcoin, its price was very tempting and decided to earned bitcoin. But for people who have much money, want to invest on bitcoin to get more profit in the future obviously.

For now this price in my opinion is still too small, so it is better for those who still have no intention to join bitcoin world should from now try to think again before too late, when you join 1 sathosi value equal to 1 $ that regret, so before too late, Now we learn bitcoin together.

As a note of stock bitcoin is limited in this world only available 21 million bitcoin alone until now that has spread the remaining 16 million bitcoin still mined
I do not think that 1 satoshi will equal to $1 because of the fee. No one will agree with the fee which is higher than $100 for a small transaction. Only become the digital diamond will the price of bitcoin higher than $10000000

I cant imagine if 1 satoshi is 1 dollar, so every transaction will pay around $10K ++. I agree bitcoin will rise, but wont above $10K

Now it's hard to believe. But once we could not believe that the price of bitcoin would reach 2000 dollars.
I'm sure that the price will grow with the popularity of bitcoin

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June 10, 2017, 04:48:43 PM
 #91

Maybe but many of the people in world doesn't know about bitcoins so it means the bitcoin will rise up more, increase more if all of the people in the world know's the power of bitcoin though it is late for them to buy in low price but still it is important. bitcoin price is caused by traders than manipulate it's value


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June 10, 2017, 05:00:54 PM
 #92

I cant imagine if 1 satoshi is 1 dollar, so every transaction will pay around $10K ++. I agree bitcoin will rise, but wont above $10K
The situation you are talking about is either distant future when bitcoin is worth fortune or future when dollar collapsed.
Bitcoin is divisible to 8 decimal places, it is perfectly fine for now - but in the future we can add another decimal place to accumulate for BTC growth.


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June 10, 2017, 05:44:21 PM
 #93

Yeah, in recent times scenario shows us the way of rising price of Bitcoin, within last two weeks Bitcoin gained 30% high price, if this increasing rate is still working then Bitcoin price will go more higher than ever..
Hopefully Bitcoin will carry on this spirit for the long time...

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June 10, 2017, 07:23:49 PM
 #94

Maybe but many of the people in world doesn't know about bitcoins so it means the bitcoin will rise up more, increase more if all of the people in the world know's the power of bitcoin though it is late for them to buy in low price but still it is important. bitcoin price is caused by traders than manipulate it's value
but now people are getting knowledge about bitcoin. the popularity of bitcoin is changing from time to time. even in backward counties are now thinking about to start using bitcoin.  those people who are know about the importance of bitcoin, they are really want to start using bitcoin.

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June 10, 2017, 07:33:51 PM
 #95

Maybe but many of the people in world doesn't know about bitcoins so it means the bitcoin will rise up more, increase more if all of the people in the world know's the power of bitcoin though it is late for them to buy in low price but still it is important. bitcoin price is caused by traders than manipulate it's value
but now people are getting knowledge about bitcoin. the popularity of bitcoin is changing from time to time. even in backward counties are now thinking about to start using bitcoin.  those people who are know about the importance of bitcoin, they are really want to start using bitcoin.
It is better to use Bitcoin for its intended purpose and this means that the rare should be used as a commodity for earning money. I do not want to use Bitcoin as a currency with which you can buy any items. It seems to me that today it would be sacrilegious to sell Bitcoin or buy something for it.

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June 10, 2017, 07:37:05 PM
 #96

The masses are beginning to realize Bitcoin (and crypto in general) has more uses than what makes front page news (usually negative)

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June 11, 2017, 03:15:16 PM
 #97

The difference from bitcoin to forex is just one the big players arent at bitcoin, banks, countries and big fortunes, with that said crypto is the people power, and we are going good without those constant manipulation that happens at forex. The most curious thing is bitcoin still growing, after 7 years bitcoin is getting mature, with new investors coming all days, the sky is the limit.

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June 11, 2017, 03:55:04 PM
 #98

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?


To some extent. One cannot say it's only because of rising prices that people shifting towards Bitcoin. 
One of the reason can be easy money. As compared to other online or offline sources, Bitcoin seems to overpower them. People make hundreds of dollars in Bitcoin effortlessly every week.
But we cannot ignore price aspect. More or less, price is main factor that drive people's interest towards Bitcoin.


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June 11, 2017, 10:53:05 PM
 #99

Maybe the increase is due to market demand, maybe it's time for bitcoin to fall again and also increase the price, therefore now many people who leave his job does not mean rising bitcoin price but increasing bitcoin users.
The current price is not a indicator to show that more users are coming into bitcoin,the recent price rise denotes that huge investments are coming into bitcoin and they are not from people leaving their jobs for spending full time in bitcoin . Cheesy
More people are actually embracing Bitcoin not necessarily because of the price, but because it meets their needs much more than their local currencies could and these increase in demand as Econs (101) stipulates turns around to shore up the price. That is the case from Mexico to Venezuela, India, etc and it has absolutely nothing to do with people quitting their jobs.

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June 11, 2017, 11:01:44 PM
 #100

More people are actually embracing Bitcoin not necessarily because of the price, but because it meets their needs much more than their local currencies could and these increase in demand as Econs (101) stipulates turns around to shore up the price. That is the case from Mexico to Venezuela, India, etc and it has absolutely nothing to do with people quitting their jobs.

Agree. One good example here is the game credits. There is a so called website called mol.com where game credits are being bought there. The payment method available on our country seems hassle way since we fiats must transfer here and here. With bitcoin payment using a third party services, buying there can now done within just a seconds only. Less hassle isn't it.

And my stated example is just one of good thing that can be used with bitcoin payment. The purpose is the transaction and not because the bitcoin price is high.

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