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Author Topic: Why do you want high price of bitcoin after all?  (Read 2084 times)
tabas
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February 09, 2018, 11:45:31 PM
 #101

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.
True as it made many investors pull out and start shifting to another alt coin that has lower fees as they think that bitcoin is no longer capable as a cryptoCURRENCY because of it. Too many examples like buying a coffee worth $5 and you'll pay $10+ worth of miners fee, who wants that? none.
In reality there was no need of 19k but I think currently it's best to see price between 5000-8000$. There isn't so much demand.
A better price and this is like a calm stage.
You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.
Thank you for making me realize that mate.  Kiss

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mace15
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February 09, 2018, 11:58:37 PM
 #102

Whats the purpose of having a bitcoin on the first place ? Its for earning right ? So all of the bitcoin holders, even if they didnt say it , wants the bitcoin to get high and to earn. I dont think it is because they are, or we are being selfish. It is such that we wanted to have extra income to get what we need.
Yes most invest in bitcoin ofcourse wanted that price can go higher. This is what we expected and waiting for we put our money in bitcoin and were waiting price can go higher to have profit atleast. Price most hanging between $5k-8k the best to buy back and wait for the price that we can have profit.
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February 09, 2018, 11:58:58 PM
 #103

If you want the Bitcoin rate to fluctuate between $ 5,000 and $ 8000, then I do not think it will attract new investors to the cryptocurrencies market. The nature of exchange rates increases and decreases over time, which makes the attractiveness of cryptocurrencies even riskier when investing. If Bitcoin rates were such a fixed level, then it would have become a government-controlled currency and the global currency which be used in every transaction.

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February 10, 2018, 12:32:33 AM
 #104

It is obvious. Profits. That is the reason why i want a high price for bitcoin because i know that i can earn more profits if the price of bitcoin goes into a higher price and that is the reason why i am currently buying and investing more in bitcoin because the price of bitcoin is low and i know that in the future, it will go up higher and that is the time when i am going to cash out or sell my bitcoins.
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February 10, 2018, 01:07:02 AM
 #105

Because the higher the amount of the bitcoin, the greater the possibilities and chances that we'll also earn bigger amount of income and profit.
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February 10, 2018, 02:42:49 AM
 #106

Only those people who already have bitcoin wishes for bitcoin to have a high value. And that includes me. I wish it to be higher everytime not because I am greedy, but because I am quite selfish. I am selfish because I need it so I have selfish wishes. It is also a good thing to have bitcoin a high value because it is a factor of attracting more investors and buyers. Well this is just my own opinion.


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19faraon88
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February 10, 2018, 02:58:42 AM
 #107

Maybe because we have investment in higher amount, so we need to have higher price so that we don't have any loss in our investment. Also, we want higher price because we want higher income.
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February 10, 2018, 05:21:30 AM
 #108

Maybe because we have investment in higher amount, so we need to have higher price so that we don't have any loss in our investment. Also, we want higher price because we want higher income.


You're right. Because if the price will go down and you invested in bitcoin when the price is still very high, so you are losing not gaining. But to those people who bought their bitcoin in a lower price, it is nit a problem because they can still earn even if it will keep on going down its price since they bought it in a lower price. They don't have to worry about the price down.
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February 10, 2018, 05:58:26 AM
 #109

Only those people who already have bitcoin wishes for bitcoin to have a high value. And that includes me. I wish it to be higher everytime not because I am greedy, but because I am quite selfish. I am selfish because I need it so I have selfish wishes. It is also a good thing to have bitcoin a high value because it is a factor of attracting more investors and buyers. Well this is just my own opinion.
Many of us really didn't wanted to see bitcoin fall because bitcoin is the main reason why their life change for good the opportunity that the bitcoin gives to us is really amazing and many people really didn't wanted to hold btc for a long time because it is really use upon the needs of the people around in their everyday life of living.
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February 10, 2018, 06:22:16 AM
 #110

Well surely more people nowadays are thinking that high prices can providing a profit their investments, however for those who're invest far away than now/from the price before decreasing to $6k.. would be thinking that the investment should be profitable at a certain time, and hoping that the price is going back on height.
Indeed it seems like a selfish feeling, but I think it's a humane from human's nature that needs money from the profits that can be obtained.
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February 10, 2018, 06:46:56 AM
 #111

Bitcoin is the base of all altcoin, so it means if bitcoin will pump all altcoins will follow but if it will dump, altcoins will low its price. In addition to that if you hold altcoins and bitcoin in your wallet the more profit you can gain if pumping will occur.
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February 10, 2018, 06:59:37 AM
 #112

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 cant blame people since from the beginning we are somehow greedy when it comes on making profits which it is just normal on having the feeling of discontentment which we do really always aim for higher price which is normal. Hopes are there since we do know its potential this is why we do having speculation board since we do always talk about on the possible price ranges on where prices would go.

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February 10, 2018, 10:47:00 AM
 #113

You have a good point with the price so high last month almost all gambling sites started charging expensive fees just to make a small withdrawal. Now that the price is starting cool down with not a lot of daily transaction making the fees so low i'm starting to like this change because making transactions is a lot cheaper than it used to.

We could still reach that price point in the future it's just that right now might not be the right time for us to have that price floor for bitcoin.

You want high price to get much from holding? Seems you hang on bitcoin and are only selfish.

we can call selfishness if we want the price high, but as an investor the objective is want to have the highest possible profit, for example I bought when the price was less than  $1000, I went back to buy more and more and I bought when the price was  $17000, as you might imagine, if I bought when the price was $17000 then obviously I want the price to increase more than $17000 and increase to $30.000 will be better.

By that I mean that there are many people who bought when the price was $18000 and these people will wish to have profits and not have losses. to have profits the price of bitcoin should increase more than  $18000. We all want the price to increase to make a profit.
Well said. At the end of day I think all of us are looking to make profit from our investments.
What is the use of making investment if you are not making any money or big profits? This is so silly that you are involved in trading or any kind of business but not hoping for profits. If one is not making any profit from investment, either he is bad at business and continuously meeting losses or he is doing some charity. Otherwise it is natural for businessmen and even a normal people to dream about huge profits.
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February 10, 2018, 11:26:36 AM
 #114

Because many people buy bitcoin in the high price so if they're sell now they will lose their money, so they hope bitcoin price will grow more higher than now to get profit, I think nobody want to lose their investment. And I think many of us here were expecting greater profit from our bitcoin investment.
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February 10, 2018, 11:47:44 AM
 #115

Bitcoin is the base of all altcoin, so it means if bitcoin will pump all altcoins will follow but if it will dump, altcoins will low its price. In addition to that if you hold altcoins and bitcoin in your wallet the more profit you can gain if pumping will occur.
Simply because to maintain a good lifestyle, And for the future of our family. Many people want high price in order to have a huge profit ,because a higher value,a higher coins we received.We want more money to be comfortable as always and also to face the future.
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February 10, 2018, 12:24:58 PM
 #116

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.
In my own point of view, the reason why people want to have bitcoin a high price is because if they convert it into real money their money would also have a high price.  That is why many people are holding their bitcoin so that if bitcoin reach to a very high price their money would also have a high price too.
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February 10, 2018, 12:27:26 PM
 #117

it depends on the situation because if you invested your money when bitcoin is low of course you want bitcoin to be high in order to have a big profit but if you are waiting for the right time to buy bitcoin you are waiting to become bitcoin in a low price.

This makes volatility of bitcoin price essential. Bitcoin generates high profit to those who hold bitcoin after it's price decline. Many buy bitcoin even though its price is high because of the higher profit it can provide them soon after buying bitcoin. The demand does not stops and it's a great opportunity

It is because there is the limited supply of Bitcoin circulating in the market and people want to grab as many coins as possible before the price increases. Mainly they are loving Bitcoin it is generating higher profits within short period of time.
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February 10, 2018, 12:32:21 PM
 #118

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.
all of us want to really have a high price ever,no one knows want that bitcoin will be on a lower price,all of us bitcoin lovers really want a high price, in our reality there is no one to be a fool what they want is to be the real one the highest rate ever.
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February 10, 2018, 12:56:28 PM
 #119

Profit is the biggest reason. Bitcoin users are wanting its value to continue growing since as its market grows, same thing happens with their profit. Ever wondered why there are people who are holding their Bitcoin for years? profit is the simplest but the best answer. Bitcoin is good for long term investment that's also why people are patient with regards to the growth of its price.
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February 10, 2018, 01:01:44 PM
 #120

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.
who doesn't want a high price? maybe only crazy people who don't want a high price,because they do not know how to buy there needs,but for me i would rather choose a high price ever,i am still a new one but i want to be praktikal for this .because we all know that bitcoin is one of our future.
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