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Author Topic: if bitcoin prices are so high, what will happen?  (Read 3662 times)
CryptoKranthi
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October 21, 2017, 03:32:55 AM
 #21

There is no need to buy complete bitcoin.You can buy a part of it in decimals called satoshis.Bitcoin has 8 decimals. Smallest part is called satoshi.You can buy satoshis for a low cost.Price hike doesn't affect the market.

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October 21, 2017, 03:36:58 AM
 #22

Bitcoin is a bubble. It's price is high for now because crypto alts depends on him for now, also the market and the exchanges. Bitcoin is the medium of exchange for now that is why the crypto market need him and that is why the price is high.

But if other coins established themselves like what ethereum achieved, bitcoin price will go down.

Ethereum is very undervalued for now.

Ethereum should be at least 30% of bitcoin price.

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October 21, 2017, 03:40:41 AM
 #23

There is no need to buy complete bitcoin.You can buy a part of it in decimals called satoshis.Bitcoin has 8 decimals. Smallest part is called satoshi.You can buy satoshis for a low cost.Price hike doesn't affect the market.

You are right. There is indeed no need to purchase an entire bitcoin given how divisible it is. But this doesn't mean that a high per coin price doesnt have its drawbacks..

fees are tethered to price. if bitcoin gets crazy expensive (as it is now) the proportional fees will start to price the little guys out of the market, and make smaller transactions ineffecient. Consider wen the fees were like 4USD equiv on a transaction; the damned fees were so ridiculous that you couldnt even purchase a cup of coffee or fast food (the fees would have been 50-100% of the product cost. If we see the esteemed 10k that so many have predicted, the fees will almost double from the current rate.


And that will be the end of bitcoin, because it will be cheaper to use anything else at that point, LOL. Bitcoin is not the only means of transferring money across the web Wink

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October 21, 2017, 03:42:22 AM
 #24

things I currently know, if bitcoin prices go up so high. then the altcoin price may decrease slightly. well, i am a traders who always pay attention to market. in addition, bitcoin will also become increasingly scarce. meaning it will be very difficult to get in large quantities.

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October 21, 2017, 03:43:41 AM
 #25

is there anyone who wants to buy bitcoin if bitcoin price gets higher?

a few days ago I observed another coin, the price may not be too high, but for a coin it is too high, the demand is reduced and nobody buys, than that I wonder if it could cause the end of bitcoin? let's share your opinion about my observations

That's not even a question to bitcoin holders if bitcoin price increase of course its another profit to them.
Shitcoins and another tokens cannot surpase bitcoin price IMO. But expect downward price of this trend

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October 21, 2017, 03:45:15 AM
 #26

It's expected that bitcoin's value will be higher than the last 2 years. It won't affect that uch because if its value wil be higher, a lot of investors will be interested on it and will make such a lot of money and continue selling bitcoins. The higher value, the higher demand. Because of its value, it takes higher demand. And that is the great time to buy and sell bitcoins.

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October 21, 2017, 03:45:57 AM
 #27

If bitcoin prices are very high then it will saturate and the problem will arise because there will be o increase in the price of bitcoin and the investment ratio will stop. No more investors will invest in this because the profit margin will become zero or very low profit. The major investor of bitcoin will shift to the other currencies like Ethereum and lite coin etc. because they can earn good profit in these currencies

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October 21, 2017, 03:47:57 AM
 #28

man there are so many buyers who havent even entered yet so its really just supply demand

21mil total

16 mil in circulation

demand rises everyday and supply diminishes
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October 21, 2017, 03:52:19 AM
 #29

To my opinion, nothing will happen, it will keep rising more and more, but some may want to sell to earn money, but my advice is keep it, dont sell, the more it rise the more you earn.

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October 21, 2017, 04:11:52 AM
 #30

Regardless of how high the price of bitcoin rises, it will be vseravno to buy, because over time its value will only increase. Bitcoin with time will increasingly perform the function of accumulation of value, that is, it will be a kind of digital gold.

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October 21, 2017, 04:19:17 AM
 #31

Then when Bitcoin price get soo high and there is no one that is going to buy Bitcoin anymore, price will go down rapidly because of panic selling.
Weak handers and weak investor are going to drive the price down even more because they will panic selling.

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October 21, 2017, 04:28:25 AM
 #32

There still would be a demand. But at the rate of the price increase, I'm kinda afraid that the price wouldn't hold for so long. There will come a time that the price is too much that no one will buy it but would likely to sell it, or the whole world would be swarming with bitcoin purchases that it would further increase the price. The possibilities are endless. But one thing's for sure, the mania wouldn't wear off as long as the price holds.

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October 21, 2017, 04:29:39 AM
 #33

By the time the hard tod is about to happen, you will get as much bitcoin as possible. After hard ford, you will receive a 1: 1 bitcoin gold, which will lead to a sudden drop in altcoin. Because the capital of the altcoin has poured on the bitcoin to increase the bitcoin price increase but you do not worry too much if you have been through hard ford before then everything will return to its original value after When hard ford, the price of coin will increase sharply and the market capitalization will go to altcoin only

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October 21, 2017, 05:24:13 AM
 #34

Small players of bitcoin will buy a portion of it and not the whole as the price of the 1 btc is so high due to the high demand and expect its price to rise again and the cycle continues as long as the bitcoin still alive, Big players with a lot's of money to invest will definitely see the bitcoin attractive to their investment strategy as the bitcoin continues to increase yearly, some of them will lay down all the chips to the table risking everything for investment and some of them will play it safe.

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October 21, 2017, 08:16:52 AM
 #35

certainly very profitable for those who will sell bitcoin, not good for those who will buy to invest. of course this is good news for all of us if bitcoin prices rise, hopefully the future will continue to increase.

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October 21, 2017, 08:40:30 AM
 #36

In my  personal view bitcoin will increase it price to one extend after that it will grow slow, at that time the alternate coins will start performing good which will give market more stability and coin will be more in use with different way and projects 

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October 21, 2017, 08:42:32 AM
 #37

is there anyone who wants to buy bitcoin if bitcoin price gets higher?

a few days ago I observed another coin, the price may not be too high, but for a coin it is too high, the demand is reduced and nobody buys, than that I wonder if it could cause the end of bitcoin? let's share your opinion about my observations

if bitcoin price is high however many people stock bitcoin and many people invest largely. but who people one time bitcoin price looked fall they are not keep risk. but maximum people receive this opportunity.

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October 21, 2017, 08:57:24 AM
 #38

High bitcoin prices have fallen dramatically as everyone has withdrawn capital in altcoin to focus on bitcoin. Coin prices will bottom out in the high bitcoin days of the current price. However, if you have the capital now you can buy a series of cones at extremely low prices so that after bitcoin prices decrease capital will return to altcoin and then the price of altcoin will rise and you can make a profit. from it

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October 21, 2017, 09:40:41 AM
 #39

For an already BItcoin investor, then price high is a good thing that there's already a price appreciation. However, if you are new to Bitcoin and you are interested, then price high is not an option to you, as if you need to invest now or never. Waiting bitcoin to go low, is waiting in vain. So they invest now and reap the further price appreciation in the future.

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October 21, 2017, 09:48:56 AM
 #40

It seems to me that no matter what the price of bitcoin will. Until will have the opportunity to earn it will buy. Just the volume of purchases will decline. The income will remain the same. I do not believe that bitcoin may die because of the price. Bitcoin will be attacked by governments when outflows from the economy in the cryptocurrency will be tangible.



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