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pushups44
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April 10, 2019, 05:11:23 AM |
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Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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raise001
Copper Member
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April 10, 2019, 05:21:18 AM |
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Well bitcoin does not only grow in value because of it blockchain base payment system but also it value increase is as a result of the demands for it as a commodity on the exchange Marje. And I believe demands is what really determine the value of bitcoin and nothing else.
What makes the price of bitcoin rise is the number of requests so that the supply is lacking, because of the positive response to bitcoin News that reflects the positive impact of bitcoin on a country or globally will trigger high demand so that the price rises. Its really to make a opinion that when mining will complete by the miners thet means it reach at 21 milion also demand of bitcoin will rise then the bitcoin price to brake its all time high. |
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jakezyrus
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April 10, 2019, 06:43:39 AM |
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Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
greater demand ? your saying it to easy but i tell you mate it is actually hard to have a higher demand in bitcoin because bitcoin price is expensive . not all people can afford it in a whole . sure they buy in smaller chunks but that is useless and wont be effective for pumping the price . other factor is the acceptance . bitcoin is still new and other people dont have idea on it . other country still banned it but time heals as they say . soon these people and country can adjust and change thier minds to accept bitcoin . This will come from further development of the protocol as well as user-friendliness bitcoin is already a user friendly coin . it isnt hard to use and operate . any average people with average mind can be able to make a transaction . bitcoin is already nearly perfect . it does not need any develpoment anymore imho |
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morrisgonzalez
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April 10, 2019, 04:41:43 PM |
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It's maybe someday breaks it's all time price record. Bitcoin is a well designed cryptocurrency, if you see then noticed that it's price increasing day by day. It's maybe happen that bitcoins price become so high which breaks it's all time high.
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ogini
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April 10, 2019, 10:08:27 PM |
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For bitcoin to brake its all time high it will require positive mass adoption and all countries legalization's, it use cases can also create higher demand giving great value to the currency.
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teejayrichard2
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April 10, 2019, 10:11:30 PM |
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People across the globe have in one way or the other heard about bitcoin but are yet to adopt its usage that is why bitcoin is stagnant for now. If there is a massive adoption world wide, this will make the price go very high and surely brake its all time high. Adoption is the only thing we need now.
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thankyoulord
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April 10, 2019, 10:33:42 PM |
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one thing that can make bitcoin break its all time high is if the top companies and industries adopt its usage. We know today so many people have heard about bitcoin but only few companies and countries have so far adopted its usage. We will see bitcoin price rise very high, breaking its all time high if top players (companies and countries) adopt it for day to day trasnsaction use.
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thecodebear
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April 11, 2019, 12:01:59 AM |
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Nothing specific is needed for it to break ATH. It will do it naturally. Sure Wall St institutional investors jumping on board will help, more merchant adoption will help, progress on the LN and word-of-mouth promotion of that will help, continued advancement of bitcoin will help if there are any big updates in the next year or two, ETF and similar products opening up bitcoin to "traditional" investors who only buy things through Wall St regulated exchanges will help, friendly government hands-off regulation will help, business like JPMorgan, Facebook, etc raising awareness by creating their own cryptocurrencies will help.
But really it needs to get to $20k again is time. Market psychology will take care of the rest. I would say the above list of things will help in the market deciding how high above $20k it will soar by the end of the new bull run. If there's a lot of big things happening maybe we'll see 150k in a couple years, if there's less of those things maybe we'll only see 80k. But for 20k all it needs is time for people and money to take notice of the rising prices and slowly push the floor from 5000 to 20k.
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omonuyak
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April 12, 2019, 07:06:17 PM |
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Bitcoin went as high as $20,000 when we lest expected and we were able to make profits from that upwards movement in December 2017 when this happens. I strongly believe that most event do not move the market much and market react to positive price movement when we have some serious technical breakthrough. Therefore, I do believe that the bullish trend that will create another high is going to be during bitcoin halving.
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Pattart
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April 13, 2019, 09:32:22 AM |
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Well bitcoin does not only grow in value because of it blockchain base payment system but also it value increase is as a result of the demands for it as a commodity on the exchange Marje. And I believe demands is what really determine the value of bitcoin and nothing else.
What makes the price of bitcoin rise is the number of requests so that the supply is lacking, because of the positive response to bitcoin News that reflects the positive impact of bitcoin on a country or globally will trigger high demand so that the price rises. if there is no high demand in the market, of course the price will not reach ATH, if you want to see prices return to ATH, you need a lot of demand, and marketcaps should be more than $300 million dollars for bitcoin market, it will happen if the market is full of trust |
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BlueStackz
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April 14, 2019, 05:34:54 PM |
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if there is no high demand in the market, of course the price will not reach ATH, if you want to see prices return to ATH, you need a lot of demand, and marketcaps should be more than $300 million dollars for bitcoin market, it will happen if the market is full of trust
What we need right now are factors that will create these demands, though we already have some few listed projects for the year that will create demands, but in don’t know if those projects are really more than enough to push it high to ATH, but I do believe that as we are waiting patiently and preparing for the bull market, the market will remain positive all these year and as I have believed and see in many other post I have ready on this forum, I think next year should really be the time the bull will settle in, especially the having expected to occur in may 2020, what the halving will first do is to create enough buy then while the bigger whales comes to play the remaining roles. |
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Seeker#9
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April 16, 2019, 07:32:34 AM |
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Big developments are needed to break the all-time high price record of bitcoin in 2017 but it may not happen yet within two years unless whales start their non-stop buying binge on the leading coin. The bitcoin halving that will happen next may also push some prices up but there still no assurance that a big bullrun will follow soon. Breaking the all-time high will really happen in the future but nobody knows and instead of waiting for it, you should start accumulating bitcoin now in preparation for that bullrun.
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LimLims
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April 16, 2019, 08:14:02 AM |
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bitcoin grew in value because of its amazing blockchain technology and now its used as payment in some fields Now what new things we can expect that will make buyers came back and make price brake all time high will it brake all time high  See dude first you need to understand the fact that, How bitcoin price affects or what are the sequences that led to the growth. Okay i dont want to be more complicated, but literally you need to be understandable. The First thing that makes the bitcoin price fluctuate is we ourselves. I mean when more people invest in Bitcoin, it increases the rank. Also when there are less people investing in the coin, it will decrease the price. Hope you now understands how it works. |
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Woolles890
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April 17, 2019, 03:56:02 AM |
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Bitcoin does work well and is often pumped so many people have to follow the pace of bitcoin, so they don't lose opportunities. We see that this situation needs to be learned when bitcoin reaches its peak and movements are always unexpected so it must be able to take it before the bitcoin brakes the value and goes back down.
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Ucy
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April 17, 2019, 04:07:02 PM |
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Guess you mean "break' and not brake.
Great and useful applications have to be built on top Bitcoin to increase mass adoption.
Some applications I would love to see are chat app, social media apps, insurances, healthcare marketplace etc
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Alpinat
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April 17, 2019, 04:52:25 PM |
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bitcoin grew in value because of its amazing blockchain technology and now its used as payment in some fields Now what new things we can expect that will make buyers came back and make price brake all time high will it brake all time high I guess the adaption is the best answer here. If you are active in the news of bitcoin and cryptocurrency you will see that many countries are using bitcoin and other cryptocurrencies for their businesses it is enough reason for me to say that it will be the reason for bitcoin to come back to its all-time high value. |
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Bagaji
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April 17, 2019, 11:13:01 PM |
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The forces of demand and supply is one of the major factor that can influence the price increase particularly when there are big time investors that will invest huge sum if money in the crypto currency.
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raven7886
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April 18, 2019, 06:37:28 AM |
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See dude first you need to understand the fact that, How bitcoin price affects or what are the sequences that led to the growth.
Okay i dont want to be more complicated, but literally you need to be understandable.
The First thing that makes the bitcoin price fluctuate is we ourselves. I mean when more people invest in Bitcoin, it increases the rank.
Also when there are less people investing in the coin, it will decrease the price.
Hope you now understands how it works.
But, I think we should not only focus on investment alone as the only factor that can pump money into Bitcoin market, if it’s based on investment alone, the market will continue to slow down because it is not every day you get someone that will put in money for investment purpose. We need to let the main reason why the system was created play it major role in the price increase, which is to use the coin as utility coin, if everyone can use the coin as utility coin, it means money will be going through the market on a second base, people will always see the need to buy BTC to carry out a particular transaction and settlement, from there, people will learn to use BTC wallet as their bank, thereby still keeping whatever transaction money they are using in the market. |
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Naida_BR
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April 19, 2019, 09:05:57 AM |
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There are many user cases of blockchain technology. Accepting crypto as a way of payment and transferring value in a blockchain is just a starter.
The most important thing is that added value can be created and when this happens the value of bitcoin and the whole cryptocurrency market cap is going to reach their new all time highs.
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Pattart
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April 19, 2019, 12:55:54 PM |
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Greater demand, to put it simply. This will come from further development of the protocol as well as user-friendliness. It won't take much to pump the price given that bitcoin is very mildly inflationary.
Thats the key right? then the question is, what can make demand go up high? legalization? good news ? halving or something else? to penetrate ATH we need a lot of it, marketcaps must be higher than 300 million dollars, do you think we can make it? |
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