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Author Topic: Why do you want high price of bitcoin after all?  (Read 2075 times)
Dudeperfect
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April 03, 2018, 06:01:04 PM
 #381

Agree! it doesn't make any sense to have a high price if there are a limited number of users out there. It would nourish greed with each and every milestone if there is any artificial hype in the price. I really appreciate the price correction as I believe that it will bring a new set of users to strengthen the technology and I hope investors have learned a lesson from everything that took place is last 6 months.
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Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
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April 04, 2018, 02:56:40 PM
 #382

For me, I want a high price of bitcoin so that I can profit more. Yes, bitcoin is a digital currency, and you can use it to buy the things that you want, need and transact some money anonymously, and less fee, but if bitcoin price is meager you need plenty of bitcoin so that you can have a significant amount to the things that you want to buy. But I use bitcoin earn some cash if bitcoin’s price is meager my profit will very low and I don’t want it to happen because the extra income or money I receive, will be used to support me into my daily expenses and more.  Smiley
There will be hardly any single person in the entire world of the bitcoin who has invested his money into bitcoin and that he does not wish to have greater profit later. All those who have invested their money into bitcoin have did so because of the reason that all of them really want to change their lives and that they can only do at time when the market value of bitcoin will rise higher.
True,  who wouldn't want the price of bitcoin to get high?  Seriously speaking,  most us will want that to happen because of the profit we can earn.  It is not being not contented with what we have and being greedy,  it is because the profit that's all. People who will want the most the price to get high are the ones who invested when bitcoin was above $6K - $8K.  The price had been on dump for so long and I can imagine how eager they are to get back what they invested.

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April 04, 2018, 03:08:06 PM
 #383

I think we all have our own reasons why we use bitcoin. First of all, there are people who ahave serious relationship with bitcoin, they use bitcoin because of its decentralization, anonymity, and fast transactions. Some buy bitcoin because they take advantage of its volatility. And I think that is just all right. We have our own reasons why we do this and we have our own rights.

Many wait and hold their bitcoins. This is what we really want and I am willing to wait for the moment to arrive where the correction of value will rise again. Of course all bitcoin users really want bitcoin prices to come up
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April 04, 2018, 03:31:20 PM
 #384

The higher the price, the more news it gets and adoption increases. To me, that's why a high price is good.

I agree with that, and I think the higer the price of Bitcoin the more that the hardwork for service that we have done is worth it, cause putting your time for this everyday is not a joke and we ( I am ) expectibg for a better amount for the service I did, if the price of Bitcoin is lower of course I will wait for it to increase for me to get what I deserve.
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April 04, 2018, 03:53:23 PM
 #385

BTC potential is at 100k in 2025 and at this level BTC is no longer considered a daily currency instead it would be an inflationary asset for the cryptocurrency world. BTC's best value is at $ 5K ~ 20K and that is the current best price level if taken on the growth generated by the BTC ecosystem. where liquidity and volatility play on below the value of inflation

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April 04, 2018, 03:54:03 PM
 #386

Investment must be profitable, of course. Anyone want their money to be profitable if they invest in bitcoin and expect it to rise for the sake of profit. You spend your time and money in a place that is not profitable? Do you dare?

To get profit from investment you need to be very clever with trading and investment , its take a lot of time to get expirience of that and start working with profit on trading platforms.
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April 04, 2018, 03:59:59 PM
 #387

At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
I want bigger price cause than it will get more popular, more people will try to invest in it and whole market will start developing faster which mean that we will be able to use crypto in some purchases not even connected with internet, for example shops.

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TIDOVEE
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April 04, 2018, 04:14:40 PM
 #388

The higher the price the more the profit of investors.The high price is needed to make our profit, the increase percent makes the percentage gain on the investment.
rejekinomplok99
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April 04, 2018, 04:55:54 PM
 #389

At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.

offcourse,I think  high price is a good news and conditions. I can sell my btc and get a lof benefit from it.
Fear
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April 05, 2018, 07:58:35 AM
 #390

The higher the price the more the profit of investors.The high price is needed to make our profit, the increase percent makes the percentage gain on the investment.

For sure its a true but its need to get a good expirience in trading to close your positions on high price to get good profit , usually people just get in greedy and wait more and more and after price going lower and starting falling.
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April 05, 2018, 08:08:41 AM
 #391

At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
The fact is that not everything depends on us, ordinary users and small holders of bitcoins. The price of bitcoin, and all crypto currency is influenced by many factors. There are big players who, with the help of large capital, can reduce and breathe a price. This is not a big minus of decentralization. Personally, my opinion.


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April 05, 2018, 08:29:08 AM
 #392

in order to be successful and, transparent investment produces a lot of advantages, of course, everyone hopes bitcoin's getting reach high prices. for investors who are playing the long term then this will be a great advantage if bitcoin's getting expensive.
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April 05, 2018, 08:34:48 AM
 #393

We all know that no trader will like to loose in a market, that is why they all pray for price of good to rise when ever they want to sell, so is crypto market too. Now that many people have put their money into Bitcoin because the price has been low, they all want to make profit from the money they invest into it.
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April 05, 2018, 08:43:08 AM
 #394

I want high price of bitcoin because I want to make profit off of my bitcoin investments as I have bought low now I just need the price to climb back up for me to make money. High prices also help to draw more people into the market and bring more investors and money into the market which means there is more value and high prices of coins.

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April 05, 2018, 09:56:17 AM
 #395

it seems that wanting bitcoin and other cryptocurrency prices to be very expensive and high not just me but all those who have bought and have cryptocurrency coin want to sell it at a very high price to be able to get a lot of profit. yes to be honest i want to benefit from what i have saved so far.
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April 05, 2018, 11:11:10 AM
 #396

The higher the price, the more news it gets and adoption increases. To me, that's why a high price is good.

I agree with that, and I think the higer the price of Bitcoin the more that the hardwork for service that we have done is worth it, cause putting your time for this everyday is not a joke and we ( I am ) expectibg for a better amount for the service I did, if the price of Bitcoin is lower of course I will wait for it to increase for me to get what I deserve.
I agree when you talk in terms of profits and returns from Bitcoin but remember this is not the only purpose we have to stick to. What if the prices are stable and you just cannot get the money out of your investment you had thought of? Of course there are other advantages which could be enjoyed besides the returns.

The coin has the ability to obsolete the banking system in the future and the entire regime could be an online one maximizing your utility. This is what we strive for right!

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ScroodjMoney
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April 05, 2018, 11:13:15 AM
 #397

There are many reasons for people to expect higher Bitcoin prices. The main is that bitcoin owners at low prices want it to go higher to get as much profit as possible.
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April 05, 2018, 11:23:40 AM
 #398

At first I want to say: Read my post carefully and don't spam.
We all wanted high price, higher than 1000$ and got it, we got even 19k and there people were hoping more than 20K, they think like it's infinitive.
Did so high price do a good job? No, higher satoshi/byte fees became even higher in value because of price rise, some exchangers closed registration and etc. In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.

you  have a point and its agreeable. Maybe to some it would be debatable.
there is an advantage and disadvantage in both sides
for me its a good thing the bitcoin price is higher than $10000 ,last year bitcoin reach a new ATH
and it catches the attention of investors ,many new investors got interested in investing to crypto and i think its  good news.
the price of the transaction fees in withdrawing your profits would be higher also coz the convertion rate is higher same goes to your profit
so its just normal.
the higher fees will be felt by those buying in these high exchange rate of bitcoin
thats when investors are wishing that bitcoin would fluctuate its price for them to accumulate and save coz of the low transaction fees
but then on the other side when they already accumulated its normal to hope for the price increasr of bitcoin ,because everybody wants good profit.  Good thing that bitcoin price is so volatile that it caters both sides of the investors.
so when its low buy ,when its high take your profit.

Just  wait don't panic if you really believe in crypto currency be wise don't just simply dump at this point  of time because we just started the year we got plenty of time before we close the year, this is the time to reload as much as you can because we have still  a long  journey,

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April 05, 2018, 11:27:31 AM
 #399

Have a lot of money you call it selfishness? What's the selfishness? It's an ordinary human greed. Man how many don't give it all a little. As for me personally, I can say that having large profits is an opportunity to gain financial independence. This is an opportunity to improve the quality of life of your family. And this is the natural desire of every normal person. And there's nothing wrong with that.

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April 05, 2018, 11:48:37 AM
 #400

Bitcoin development can not exclude selfish to finish. Selfish, a human nature, do exist in everywhere, everytime before Jesus's back.
Fiat price of bitcoin reflect how people value bitcoin verse fiat. Price manipulation is everywhere. But no individual could change its fundamental value. It is natural result.
During bear market, Bitcoin development just keep going. All technical challenge like, high transaction fee will be solved, I believe.
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