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gabmen
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June 12, 2017, 10:34:30 AM |
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Always there is a dump after every pump, we don't need to put our entire time working on bitcoin alone, good thing about it is that we can do our daily jobs and at the same time do business with bitcoin or just simply accumulate and then sell for a huge profit and just repeat the same process over and over, there are more than 7 billion people on this planet and we'll never run out of new investors.
You're saying that as if all those 7billion are actually in investments. It's given that there will be major dumps and pumps considering cryptocurrencies are volatile. Smart people will always know how to maximize these fluctuations to earn more. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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Inkdatar
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June 12, 2017, 10:49:02 AM |
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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  Here in my country, not all people are knew bitcoin. But many are also into use of bitcoin since mostly likes to use the technology. When there are many users and adopts bitcoin more likely its price is continuosly increasing. |
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ariie
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June 12, 2017, 01:23:41 PM |
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Certainly obviously, initially BTC is underestimated, when the bitcoin price increases, everyone switches to bitcoin ...
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kidmodo
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June 12, 2017, 01:41:29 PM |
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Surely, if there is a very tasty food, people will look for it. As well as bitcoin, many people become rich with bitcoin because of its high price, and some of the sudden rich man show off his wealth in social media, of course people will be interested and curious about bitcoin
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batang_bitcoin
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June 12, 2017, 01:51:05 PM |
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... just repeat the same process over and over, there are more than 7 billion people on this planet and we'll never run out of new investors.
Yes this is what everyone is afraid to do so. They just do hold out bitcoins for a longer term because mostly everyone is fearing to lose a lot of profit when the price started to pump suddenly. But I like it the fact that we will never run out of new investors and they are the reason why the price of bitcoin keep on rising. |
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syaripudin
Sr. Member
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CryptoTalk.Org - Get Paid for every Post!
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June 12, 2017, 01:58:50 PM |
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Very high bitcoin price increase can make people interested to follow trading in bitcoin, of course I was very happy with this, can we imagine when bitcoin prices rise high, of course we can feel higher results, so many people are interested Follow bitcoin
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nightxglow
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June 12, 2017, 02:08:01 PM |
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Well it can be. Of course people will be interested in bitcoin, seeing how high the price is and how the price always increases.
But still, i think it's not a wise decision to leave your job and focus on bitcoin instead, since bitcoin is quite risky although it's very profitable too.
They should think bitcoin as extra money instead, and earn it in their free time or just buy bitcoin and make it a long term investment.
I'm glad though knowing that more and more people took interest in bitcoin. It means bitcoin is getting more well known and there's a probability that the price will increase even more.
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btcjocan
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June 12, 2017, 02:24:54 PM |
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The prices reaches higher price rise due to uprising demand which also affected market price to became bigger. If this will continue to become more popular in the next two years, I believe that business stablishments will adopt this currency system and adopt it with their businesses.
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Mazt rhiezt
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June 12, 2017, 02:58:11 PM |
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The more countries that accept the presence of bitcoin, the bitcoin value will be higher, but will be more difficult to obtain and I think this should happen because given the hard work of bitcoin makers and the perpetrators of crypto is paid properly.
I think buying for investment Very good and collecting BTC for needs is also not a problem, as long as it's serious and getting results can also be called real jobs.
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GoodLuck2
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June 12, 2017, 05:24:07 PM |
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The bitcoin price always depends on adoption if more people is interested in btc then the price will go higher and higher and no one can't stop that.
Yes right the price of bitcoin is depends on the adoption if all government of the countries accept bitcoin and many people get interested in bitcoin and those person have more knowledge they has to teach other persons that way bitcoin spread more and more and many peoples start bitcoin therefore the price of bitcoin will goes to increase. |
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Limbor
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June 12, 2017, 05:30:38 PM |
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The bitcoin price always depends on adoption if more people is interested in btc then the price will go higher and higher and no one can't stop that.
Yes right the price of bitcoin is depends on the adoption if all government of the countries accept bitcoin and many people get interested in bitcoin and those person have more knowledge they has to teach other persons that way bitcoin spread more and more and many peoples start bitcoin therefore the price of bitcoin will goes to increase. There is still such an opinion that if Bitcoin is legalized in all countries, then its price will decrease on the contrary. Now it is different because in some regions it is not legalized and therefore prices are rising because Bitcoin can run very well from taxation. |
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ArnoldChippy
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June 12, 2017, 05:39:09 PM |
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Surely, if there is a very tasty food, people will look for it. As well as bitcoin, many people become rich with bitcoin because of its high price, and some of the sudden rich man show off his wealth in social media, of course people will be interested and curious about bitcoin
and still bitcoin has the potential to make you rich. so i am sure that those people who will invest money in bitcoin right now they can also become in the list of rich people who have invested money in bitcoin. |
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atc1-REAL
Member
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Activity: 101
Merit: 10
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June 12, 2017, 05:47:10 PM |
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Amazing, there were discussions back in 2012 when it first touched $400 that it'd touch $4000. Almost 5 years but this rally from East Asia is crazy now. If Australia hitches on, we can see it hitting $4000! Of course, theres the other argument that regulation will make it a damp squib because of authorties being able to check and tax it.
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Vishnu.Reang
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June 12, 2017, 05:58:50 PM |
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Amazing, there were discussions back in 2012 when it first touched $400 that it'd touch $4000. Almost 5 years but this rally from East Asia is crazy now. If Australia hitches on, we can see it hitting $4000! Of course, theres the other argument that regulation will make it a damp squib because of authorties being able to check and tax it.
We might have already hit the $4,000 mark, if the competition from the alts such as Ethereum was not there. We missed the $3,000 mark by a whisker in Bitstamp. It touched $2,980 per coin, and then the prices crashed by some 20% in a matter of around 15 hours. And I really doubt your optimism about Australia. It is a small country, with a small economy. Australia can't be compared with a country such as Japan. |
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TravelMug
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June 12, 2017, 06:18:46 PM |
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Amazing, there were discussions back in 2012 when it first touched $400 that it'd touch $4000. Almost 5 years but this rally from East Asia is crazy now. If Australia hitches on, we can see it hitting $4000! Of course, theres the other argument that regulation will make it a damp squib because of authorties being able to check and tax it.
We might have already hit the $4,000 mark, if the competition from the alts such as Ethereum was not there. We missed the $3,000 mark by a whisker in Bitstamp. It touched $2,980 per coin, and then the prices crashed by some 20% in a matter of around 15 hours. And I really doubt your optimism about Australia. It is a small country, with a small economy. Australia can't be compared with a country such as Japan. It briefly touches the $3000 prices but it looks like another crash is imminent. Its now down to $2500, I really don't know if we are going to breach $3000, because when we are closing on that price, dumping has happened. I'm quickly monitoring the price, but from the looks of it, price is going down hard now. |
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radjie
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June 13, 2017, 07:11:18 AM |
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Because bitcoin looks very promising many people dare to do that by leaving their jobs so focus on bitcoin. Even people who have known bitcoin so long that they leave bitcoin when they hear or see a high bitcoin price increase at this point then they will refocus on bitcoin.
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NelJohn
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June 13, 2017, 03:26:41 PM |
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thats good for us this is a good fortunity for all peaple working hard and they earning little money. i wish the bitcoin they rise more to all peaple easily earn alot of money then all peaple live good and peaceful life.
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CoinFoxs
Copper Member
Legendary
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Activity: 1722
Merit: 1004
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June 13, 2017, 03:43:14 PM |
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I think yes now people start realising the importance of bitcoin, bitcoin's price show how worthy bitcoin is, when price is low people thought it is just a wastage of time but now they want to work on bitcoin because they see profit in bitcoin.
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bouren
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June 13, 2017, 03:49:17 PM |
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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
I don't think underestimation works in case of cryptocurrencies. If we compare bitcoin of 2011 and 2017, I don't think both are same. The former one was just a concept but latter one is developed coin having utility and can be freely used on internet today to buy all major services. So as utility of bitcoin increasing, its value increasing. |
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wantjokull
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June 13, 2017, 04:34:26 PM |
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Yeah. Prices are going high but don't know why people are being excited about it? The thing is bitcoin will keep increasing in its value and it is already known with news, future critics etc. Yeah people are getting insane about its price and making it real job but we should always be aware of internet world and its side effects in the future. Well, it's sarcasm but who does really know about bitcoin after a decades later.
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