Post
Topic
Board Economics
Re: Why do you want high price of bitcoin after all?
by
megget
on 09/02/2018, 13:07:42 UTC
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 a high price for fix profit. I have many open positions in the long. The cost of transactions doesn't bother me. For transaction I use another cryptocurrency.