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[AudraMiller]

We are seeing the price of Bitcoin surge, even surpassing the level of 52500 USD. However, the common question that is asked, has been answered by a billionaire Mark Cuban, who answers the question of what determines the price of Bitcoin. As we all know this is decentralized, so put simply, the price of Bitcoin is determined by how much companies and people are willing to pay for the coin. However, with this definition, this does not mean that the value of Bitcoin is secure and sure to rise. In fact, there has been a recent article that has state that Bitcoin is not yet completely a sure thing, and that the coin can still fail. What are your thoughts on this?

 

[highspeed]

Well, in my opinion, about the fact that investing in Bitcoin does not represent 100% of security, I'm certainly.
But, forgive me, absolutely I don't think that Bitcoin could fail!

 

[AudraMiller]

Well, in my opinion, about the fact that investing in Bitcoin does not represent 100% of security, I'm certainly.
But, forgive me, absolutely I don't think that Bitcoin could fail!

In terms of failure, I have to agree with you. A currency like this does not seem to have anything but a bright future in my opinion as well, especially since its user base is continuing to increase daily and not decrease in any way.

 

[highspeed]

In terms of failure, I have to agree with you. A currency like this does not seem to have anything but a bright future in my opinion as well, especially since its user base is continuing to increase daily and not decrease in any way.

Exactly my friend. You could imagine Bitcoin as a tree. Each tree takes a long time, but it grows, grows and grows.

Just think about when Bitcoin was invented, back in the year 2009, until today, you can already imagine, at what exponential level it has increased its value!

 

[Brain]

Just like anything out there nothing is certain about Bitcoin. We are just hoping that it doesn't fail and it continues to grow. I don't predict bitcoin I just go with my flow

 

[Wisdom01]

Its a sure thing because if its not sure that it will continue to increase while are top companies holding bitcoin ahead ,so that when the price increase they would make more profit ,i think its not true bitcoin is a sure thing

 

[Niftyicon]

We could only envisage the failure of bitcoin when investors start to lose interest in it but as much as there are those who invest, trade and hodl bitcoin, it would be staying for a long while.

 

[BullyMaguire]

Truth is.. Investors doesn't want that security in terms of the price. They want it to be as unstable it is. Because that's where money comes from

 

[Rollerkid]

We are seeing the price of Bitcoin surge, even surpassing the level of 52500 USD. However, the common question that is asked, has been answered by a billionaire Mark Cuban, who answers the question of what determines the price of Bitcoin. As we all know this is decentralized, so put simply, the price of Bitcoin is determined by how much companies and people are willing to pay for the coin. However, with this definition, this does not mean that the value of Bitcoin is secure and sure to rise. In fact, there has been a recent article that has state that Bitcoin is not yet completely a sure thing, and that the coin can still fail. What are your thoughts on this?

Everything is still possible concerning crypto currencies staying or not, but l think the chances that crypto community can fail is very very low and will be very difficult to happen considering the support and adoption so far.

 

[Wisdom01]

Truth is.. Investors doesn't want that security in terms of the price. They want it to be as unstable it is. Because that's where money comes from

Yeah without volatility its just like a normal stable coin that doesn't flunctuate ,so investors really understands and wants it like that , you are right

 

[Josemendez]

We are seeing the price of Bitcoin surge, even surpassing the level of 52500 USD. However, the common question that is asked, has been answered by a billionaire Mark Cuban, who answers the question of what determines the price of Bitcoin. As we all know this is decentralized, so put simply, the price of Bitcoin is determined by how much companies and people are willing to pay for the coin. However, with this definition, this does not mean that the value of Bitcoin is secure and sure to rise. In fact, there has been a recent article that has state that Bitcoin is not yet completely a sure thing, and that the coin can still fail. What are your thoughts on this?

Well , bitcoin may still be the sure thing ,because more people are coming into bitcoin investment . What you said could have been the case if bitcoin has lesser investors

 

[sammyblaq]

This is what we have been hearing from when when the coin was at 1000 to this very moment of high value.
My advice is that risk is involved in all we do and if you have the money to invest, go ahead and invest for the morrow.

 

[a_jerobon]

What was the reason for it to be still insecure? I think that its price will continue rising and falling depending on how people and companies invest in it. But once in a while the price may fall drastically and cause people to loose money, so you should invest carefully by doing analysis.

 

[sammyblaq]

What was the reason for it to be still insecure? I think that its price will continue rising and falling depending on how people and companies invest in it. But once in a while the price may fall drastically and cause people to loose money, so you should invest carefully by doing analysis.

Surely market fluctuates upward and downward. Every market is insecure as buying and selling keeps going on.
Analysis is another way to be on track of the market but there is a saying by my people "no matter how the cow purges, it will not get to a goat size".

Bitcoin is the "cow" and will still be topping.

 

[achawaskey]

I don't really have much to say, because if you understand how the market operate you will know that market stability is unpredictable. The article that says bitcoin is not a sure thing is because it is not control by a particular government.

 

[Niftyicon]

Truth is.. Investors doesn't want that security in terms of the price. They want it to be as unstable it is. Because that's where money comes from

I couldn't agree any less with you. The fluctuations in price of btc and other coins for that matter is the way money is made through Cryptos.

 

[BullyMaguire]

I couldn't agree any less with you. The fluctuations in price of btc and other coins for that matter is the way money is made through Cryptos.

And the reason why stable coins are not as used and popular as unstable Cryptocurrencies. They areonly being used to trade.. still because they want to buy.unstable coins

 

[Anavan]

Thank you for your help, I will use it for new sites