Keeping Bitcoin Price High

[vokain]

If you believe bitcoin prices will in the next 10 years become worth 1000s or even 100s of 1000s of dollars like some people suggest, wouldn't you want to keep prices low, not high?

I would think you'd want prices to be high only if you were one of the lucky few that picked up 1000s of coins at the very early stages OR you wanted to sell your coins now.

I've been mining Bitcoins.  So the higher the price, the higher I can sell my coins for.  The electricity I paid for them is fixed, so the higher I can sell them (or trade them) for, the higher returns I get.

also the less bitcoins mined per miner (as a result of difficulty increase) the higher the price each individual miner has to sell at to break even

[1714930015]

1714930015

[1714930015]

1714930015

[1714930015]

1714930015

[freedomno1]

If you believe bitcoin prices will in the next 10 years become worth 1000s or even 100s of 1000s of dollars like some people suggest, wouldn't you want to keep prices low, not high?

I would think you'd want prices to be high only if you were one of the lucky few that picked up 1000s of coins at the very early stages OR you wanted to sell your coins now.

I've been mining Bitcoins.  So the higher the price, the higher I can sell my coins for.  The electricity I paid for them is fixed, so the higher I can sell them (or trade them) for, the higher returns I get.

also the less bitcoins mined per miner (as a result of difficulty increase) the higher the price each individual miner has to sell at to break even

Or just buy some network and let it grow for 10 years
Of course if we can even feasibly imagine what it will be priced at then xd

[polarhei]

If like to keep higher than 266 USD, then what is the factor to keep that up?

[freedomno1]

If like to keep higher than 266 USD, then what is the factor to keep that up?

Usability, Development and attention 

[nofuture]

If like to keep higher than 266 USD, then what is the factor to keep that up?

you just need more people using it.  a billion dollar market valuation is not a lot in the business world.   266 or higher could be reached with a multibillion dollar valuation.   we need to develop an economy that large.   it's happening.