Post
Topic
Board Economics
Re: Why do you want high price of bitcoin after all?
by
sana gull
on 28/03/2018, 23:31:45 UTC
The higher the price, the more news it gets and adoption increases. To me, that's why a high price is good.
If bitcoin price is too high it would be great for us after all because when bitcoin price is high we can get big profit and we can earn money into it so it would be great for us when bitcoin price is high, but when bitcoin price is kinda low i think we cannot earn or we cannot get some big profit thats why its hard for us when the price is low.
Yes that is the need of the day, we need bitcoin to have high price to that it can give us a good profit, although  it cannot go high and high in a straight line because some time the market take a correction and the price comes down again, the ups and down give chance to people to trade bitcoin in a low price and then sell it in some high price again,which give some profit to us.