BlackPanda
Legendary
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Activity: 1414
Merit: 1001
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November 15, 2017, 11:56:17 AM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
One of the determinants of rising Bitcoin prices is the need for Bitcoin. because when Bitcoin gets searched more then Bitcoin price will automatically increase. while when Bitcoin is not widely used then Bitcoin prices will tend to decrease. this is a basis for demonstrating that the price of Bitcoin is strongly influenced by the global use of Bitcoin. So we must continue to use Bitcoin in everyday life and also increase the number of financial transactions using Bitcoin, this is all in order to realize the increase in Bitcoin prices. because in the absence of such things the price of Bitcoin will be stagnant and even in some time will continue to fall. We all play an active role in determining the price of Bitcoin, so do the best and we will get a good impact too. |
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Bitcotalk
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November 15, 2017, 12:32:29 PM |
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Bitcoin will rise in price even if we are not doing anything. Almost all users now hold your coins. This will inevitably lead to its rise in price. But it seems to me that this is not the best way to bitcoin lived. We don't want him as an object for collecting. It needs to support the economy and we should set an example to state how to develop the economy if there is no mechanism of inflation.
Economy is good with or without cryptocurrencies because only small percent of total turnover is covered by cryptocurrencies. Higher prices make coin more harder to speculate and manipulate around market expectations. If crypto currencies will be accepted by the community then there will be more ease for the regions to boost their economies and this leads world toward the peaceful place and as we all know that after 4 to 5 year these crypto will replace the cash money so we must adopt these coin among us so that we can survive easily in the future time and btc has more chance to replace the cash because it is well known, |
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Hamstead
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November 15, 2017, 12:41:35 PM |
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I just wonder, where bitcoin depends its value/price. Don't we have the power to make its value higher? If we have, what can we do to make bitcoin's price become higher? Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
We can make it higher by buying more as the open market is generally lead by the law of supply and demand. The more demand, the higher will be its value. However, the movement should be done by the community and not just by a single person. Individually we can only do so much but together we can be changing the landscape of Bitcoin. Hopefully by next year 2018, there would be new markets that will open up for Bitcoin and that's when demand can go astronomically high. The increase of numbers using bitcoin will increase the demand as well. Because not all the time we just keep our bitcoin, maybe just spend it sometimes instead the used of fiat money. Not just a single person can make this, but with the help of the entire community I think it would make a big difference. Although we won't see the result immediately but I believe we can witness it happening in the coming days. |
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Semaj123
Member
Offline
Activity: 434
Merit: 10
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November 15, 2017, 12:43:43 PM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
Bitcoin is backed by its high production cost. Bitcoin is produced via a virtual “mining” process, which takes exponentially more computing power each time a new cache of Bitcoin is mined. Mining not only requires specialized hardware, but electricity to run and cool that hardware. Bitcoin also is being used by more online stores which makes it more demand and this can also affect it's price. |
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dulce dd121990
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November 15, 2017, 12:54:58 PM |
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One thing can increase the value of bitcoin here is to increase its demands. That means, if the supply of bitcoin will decrease then the bitcoin demands increases as to the result of increase of its value. So we need to share this crypto currency world to all friends that are interested in investments.
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W4terhouse
Member
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Activity: 147
Merit: 21
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November 15, 2017, 12:59:49 PM |
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I think also in a big group we don´t have the value that for example china has, if they forbid the mining of bitcoins. This is the size of value you need to affect the market.
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btcjocan
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November 15, 2017, 01:29:29 PM |
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The only step i knew to be part of Bitcoin more success, was to spread all the good things about Bitcoin,
from my own household, to my friends and neighbors,
via social media, in my facebook account, twitter account and other forums.
The more people involve the more success are surely achieve.
Definitely! The more people who will know about bitcoin, the more people will join. The more people who will give their testimony about bitcoin, the more people will be curious and try to invest in bitcoin. Posting it on social media will help a lit because the social media viewers especially Facebook are so many. Once you've posted it on public, there's no reason that people can't view it especially those who are online by the time you have posted about bitcoin. |
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thesmallgod
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November 15, 2017, 03:18:37 PM |
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bitcoin price pump up when there is higher demand for the coin that is when people are buying the coin hugely the price will rise. then not just a single person can influence this change but huge amount of buyers. or maybe if you hold billions of fiat and intend to buy bitcoin with the owe money. how ever if bitcoin is more accepted as payment options then the demand will increase as the people will use the coin to make transaction.
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hawkins
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November 15, 2017, 03:24:51 PM |
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Well, bitcoin prices are starting to rise at this time. do not you buy bitcoin in large quantities? well, before you miss the train, it's better to buy bitcoin in large numbers, because it will make you regret, because there are some issues that say that segwit still running.
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Armstand
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November 15, 2017, 04:16:34 PM |
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Well, bitcoin prices are starting to rise at this time. do not you buy bitcoin in large quantities? well, before you miss the train, it's better to buy bitcoin in large numbers, because it will make you regret, because there are some issues that say that segwit still running.
Join the ride now, it will be like buying time. its like sale now that we'd all been waiting this past month since its in huge increase, buy now and wait for some big news that will hype its price and can make us earn, i hope that there will be some revelation next month for its to pump. |
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marcuslong
Legendary
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Activity: 1036
Merit: 1002
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November 15, 2017, 04:19:01 PM |
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Well, bitcoin prices are starting to rise at this time. do not you buy bitcoin in large quantities? well, before you miss the train, it's better to buy bitcoin in large numbers, because it will make you regret, because there are some issues that say that segwit still running.
Some people are afford to buy bitcoin even in lots of quantities just lets wait for the demand to increase and the bitcoin price rise it self, the segwit is still around the corner but if this will be suspended nor refected there will be another possibilities that bitcoin price will increase no more explaination in that because the volume of coins will be up and the bcasue too. |
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cupic
Member
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Activity: 238
Merit: 10
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November 15, 2017, 04:29:05 PM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
2018. $20k/1 BTC |
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buwaytress
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Activity: 2800
Merit: 3443
Join the world-leading crypto sportsbook NOW!
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November 15, 2017, 04:33:48 PM |
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Amazing to see all sorts of people involved in crypto and Bitcoin. Maybe it's just Wednesday and I haven't cleared the haze from Monday but is almost every poster here just spewing random words picked up from the forum and crypto news?
"Yes, let's just wait for demand to increase" and "segwit is still around the corner". "Bitcoin price will increase no more explanation... the volume of coins will be up and the because too".
This isn't even about language anymore, I'm now more and more convinced that people actually believe half the things they read, and understand even less. I'm beginning to think the completely misinformed speculators are far more powerful a force than I'd estimated.
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rosepetals
Full Member
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Activity: 650
Merit: 100
Financial aid for users: https://bit.ly/2SMY8gi
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November 15, 2017, 04:34:57 PM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
Bitcoins price will get higher through its demand,we can achieve high price if we all unite together,we can achieve it by making bitcoin famous of all countries i think thats a very big impact to its prices.If all of us will adapt bitcoins existence bitcoins price will not just reach to $8000 by this year or the following year but possible it will double.The higher the demand the lesser the supply,so lets attract more investors. |
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voztata
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November 18, 2017, 07:44:28 AM |
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Bitcoin will rise in price even if we are not doing anything. Almost all users now hold your coins. This will inevitably lead to its rise in price. But it seems to me that this is not the best way to bitcoin lived. We don't want him as an object for collecting. It needs to support the economy and we should set an example to state how to develop the economy if there is no mechanism of inflation.
Hmmm…. What do you mean by Bitcoin will rise in value even if we all don’t do anything? Bitcoin’s price rate/value depends on how much that’s been invested on it daily. The more we invest, the more the price will continue to rise. Assuming we all stops investing and starts withdrawing, and price still continues to rise up, then it’s no more on the real value, because that will be based on speculation. If people starts withdrawing their money from Bitcoin, price will start to depreciate and rise up. So we have the power to control price depending on how we invest. |
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richmcrich
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November 25, 2017, 11:39:27 AM |
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Invest more and more into it and you will see how the prices are increased gradually for the bitcoin. The bitcoin or any other crypto currency is always based on investors power to give itself a specific price. For example, have you heard of pumping of coins? Well that is something which can give you idea about it. When the coin is pumped then it is actually getting invested by many users at the same time increasing its market value a lot. This is how it explains how we can help bitcoin grow big.
Every successful business is based on huge investment and every business needs investors to succeed the business. If we want to get high price of bitcoin in the market so we would need to invest more in bitcoin. In this way the price will go high and our bitcoin will be most valuable with increased price. So for this purpose we need to convince more people to invest into bitcoin. People are joining bitcoin in large number that’s why price has crossed the figure $7000. |
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BossMacko
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November 25, 2017, 12:17:41 PM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
As a normal investor we only have the smallest chance to make the Bitcoin price go up or down, But there are the whale investors that manipulates the price of Bitcoin according to their will. Like just what happened few weeks ago in BTC and BCH, BCH price were being pumped and BTC price is being pulled down. That is how you manipulate the price of Bitcoin. |
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jagdeepjd
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November 25, 2017, 01:10:55 PM |
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I just wonder, where bitcoin depends its value/price.
Don't we have the power to make its value higher?
If we have, what can we do to make bitcoin's price become higher?
Let's talk about it here. Maybe we can help each other to achieve what we want in bitcoins.
Demand and supply are what leads to price rise and price drop. If we want to see bitcoin price more higher from the current position then there has to be more and more demand for it, as the demand will increase and new people will buy bitcoin the price will rise provided the other people having bitcoins keeps hodling it. |
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DrGuns4Hands
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November 25, 2017, 01:31:22 PM |
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We can make the bitcoin's price higher by simply buying more of it, we can't make any difference if we just spread the word around. Demand is the well lets say that it is the core of bitcoin and by making the demands of it increase the price of bitcoin will go higher
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UCHCHILD
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November 25, 2017, 01:45:44 PM |
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The reason why bitcoin gets higher because people continue to buy and collect and hold bitcoin in their wallets and so it means it follows the law of demans and supply, the more people hold the coin the more the bitcoi keeps higher. We can make the coin higher. We really want to pump it to the highest we need big investors
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