How is the increase in Bitcoin price benefits us

[Mpamaegbu]

Bitcoin price benefits us today. Firstly it's and increase in crypto investment, which can lead to more development in business...

I guess you aren't a native English speaker as evidenced in your topic and the OP you made. However, going forward, I believe the only way Bitcoin can benefit us (or its fans) will be for those hodling it as an asset and not those using it as means of payment. If anything, Bitcoin often becomes very frustrating to make use of as payment option during its spikes. We often find the Blockchain congested once price begins to surge. Has anyone observed that its mining fee has gone up recently? It went as high at 39 sats two days ago. It's going down gradually now that price is retracing. This has become the bane of Bitcoin and what we fear whenever there's a bull rally.

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[AnonBitCoiner]

Now a days people only prefer the benefit in the term of money so if bitcoin increase in price definitely there will be an increase in the worth of their money and there is no more important benefit other than this one. People often used bitcoin as an investment asset because of its surety and success that it gives to its holders from past years.

As a payment method bitcoin is not used by every industry everywhere therefore there will be a difficulty in using bitcoin in a payment system. But if its payment happen worldwide then there will be a benefit for both buyers and sellers but as certain restrictions persist always in some countries then for those countries there will be no benefit of bitcoin price increase or decrease.

[Blitzboy]

Many cheer Bitcoin's price rise, but its important to analyze its implications. A greater Bitcoin price can attract more investors and offer credibility to the digital currency, allowing it to enter new industries. Does the market have the maturity to manage such quick appreciation?

Bitcoin's price rise has major effects. Bitcoin's acceptance by industry as a legal payment option could change global transactional dynamics. Adoption brings scrutiny and regulatory issues. The long-term view requires a strategic understanding of the changing crypto ecosystem, but this price increase may benefit us in the short term. Ready for it, are we? More importantly, is the crypto world ready for this growth?

[Adams0001]

Let me have your opinion on how Bitcoin increase benefits you .

Bitcoin investment benefits many people who are involved in the digital coins, bitcoin change many people's lives who invest around 2012 because I believe bitcoin price is 13$ around the end of the year of 2012, but around that time I didn't know anything about bitcoin is when I come to the forum i have more better knowledge on it, i thought Is all this online Scammers, thing when my friend introduced me to it to me when he get is profit on bitcoin investment he change his life and is assisting his family with certain troubles, and I invest with modest money I receive and he increases and I profit on it before I started investing my money I earn and am enjoying it because without the bitcoin investment I would not be where I am today because it has helped me a lot to settle many of my bills.

Bitcoin is the best investment I have ever seen and I am very confident that the price will continue to rise gradually if someone has not started investing in bitcoin should start now because anytime is the right time to invest because the price is volatile if you think you will wait for the price to fall before investing, I believe you are missing out an opportunity because the price can continue rising and you will be missing the profit, Bitcoin benefits individuals in several ways and if you are not an investor in crypto, you are missing a lot because Investors are now smiling since the price of bitcoin is increasing rapidly

[armanda90]

Its not only about increasing higher price talking about benefit from bitcoin but also accepted bitcoin as payment method make us easily to tracking all transaction depend on how transparent when using bitcoin. Bit disagree talking bitcoin benefit when raising to higher price although is  most dreaming by all investors but we have looking for what most benefit with bitcoin when accepting as payment legal transaction.

Have difference viewed when making bitcoin as investment assets for the future, we can see how much benefit when bitcoin success raise to higher price and increase up with our investment values. For holder is most excited moment waiting for exactly last two days when bitcoin success raise up more than 10% from current price under $28k to $35k without one day. Will on next day or next tomorrow bitcoin will raise up more drastically than 10%?

[AicecreaME]

Profits, that's the only thing I want.

Let's be honest, aside from the things you've said, we all want the profit we've been waiting for after we bought in the deep, because our patience is finally going to bear fruit. We can be benefited in a lot of way with the profits we're going to have, like our dreams house, dream car, dream bike, etc. The best thing is that we could by again when Bitcoin dive deep again to gain more profits in the next cycle.

[Natsuu]

When the value of BTC rises, it garners more attention, and public awareness and adoption grow. This increased attention also attracts other investors, who are now becoming interested in entering the cryptocurrency space and exploring blockchain technology. This is where the domino effect begins, leading to new innovations, job opportunities, and further developments.

Right. Personally, increase in bitcoin price motivates me to invest more to it because I see it as a promising opportunity for financial growth. The idea of higher returns excites people and it makes them eager to explore the potential benefits further. Tho I understand that people are still carefully considering the decision toninvest but its a good step, right?

[Kasabus]

Bitcoin price benefits us today. Firstly it's and increase in crypto investment, which can lead to more development in business. Second, it can lead to high capital for Bitcoin, this increase can stand as and advantage of Bitcoin to be use as payment method in many industry, which can make it more easier and user-friendly. All these have a potential benefits and positive contribution on our society, Let me have your opinion on how Bitcoin increase benefits you .

People have all been waiting for bitcoin price increase because once its happening, then it only means that profits are coming in. Most especially if you have been hodling bitcoin for the last 5 or 10 years, oh men you are in for huge profits. And with the profits that you obtained, then it's possible to develop a new business that suits your skills, aside from reinvesting into bitcoin and other high potential coins.

However, when it comes to adoption for bitcoin as a payment method, I don't think its price increase have something to do with that. Well, maybe if bitcoin price is up, a lot of people will be attracted to use it as a currency but that's only possible if the government has legalized the use of bitcoin as a currency. Otherwise, you will only use bitcoin as an asset or investment since adopting it as a currency may still take a lot of years for its processing.

[bluebit25]

I'm only mentioning the short term about the recent times when bitcoin's price increase is bringing direct profits to the investment, although I prefer a long term strategy with it but clearly at times BTC increases it brings more exciting atmosphere in the market than positive information is revealed then what's next . In fact, sometimes doubts still exist, but instead of doubting that the price will decrease again, you should enjoy this joy. Although this is a sensitive period for the market when very unconvincing news appears, it also causes reactions, such as the ETF issue that has been discussed a lot recently and sometimes I just laugh because of it. We find it easy to forget things that have just happened.

[tjtonmoy]

Whenever the price increase, of course, it will benefit everyone who is involved in the crypto industry because bitcoins is gaining more trust and investors which is the best news you can have right now. Since there is lots of good news going on, there's no reason for it to decrease its price. the only people who are badly affected by this event are those who are hostile against Bitcoin because no matter what propaganda they spread among the people, the fact that they are not making any progress really hurts them because no matter what they do, people still invest and buy some more bitcoins to hold for long term.

I will say that you are wrong here. The reason one person can benefit from a price increase is that someone else is losing. One's profit is another one's loss. That's how buy and sell works and buying at a low price and selling at a higher price gives you profit. When the price pumps, many will sell. That will create a dump in price. Those who are unable to sell during price pumps will be at a loss. So not everyone is getting the benefit of the price increase.

Not everyone who is into Bitcoin investment has the plan to hodl for a long time. Some choose the path to trade it to make profits. That includes both profits and losses. And when they are making a loss, others are making a profit. Bitcoin is still not the perfect solution. You can argue all you want but I stand with my statement.