Post
Topic
Board Economics
Re: Why do you want high price of bitcoin after all?
by
geegaw
on 20/04/2018, 16:36:17 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.
The reason why many people wants the value of the bitcoin to become more valuable is because they hold many bitcoins. They can earn more money if the price of the bitcoin grow so much.
Exactly, the price of bitcoin that is higher also equates to they have more money, I have no reason to hope that the price of bitcoin will not increase, perhaps some problems will arise when the price of bitcoin is high but things will gradually stabilize. Nothing is selfish in this matter, this is what people want from bitcoin, it's a huge value then it's a lot of profit, this is investment, not a charity game, we just need to know our benefits, other people are upset or have any problems, it also does not concern us