Bitcoin high priced or low priced ? The problems that could happen ?

[Kate]

Bitcoin , the coin of all great times and the main head of all the cryptos out there and also one of the main reasons why crypto became very famous. The main thing about bitcoin is the price of it. Due to the hugh rising price people have become interested in Bitcoin and have invested tons of their hard earned money into it to want some profits. But this year we saw the downfall of Bitcoin which lead to a massive problem in the community and it had created fear amongst the investors. Some people don't like it if bitcoin is high priced while some people do.

In my opinion , if I was an investor certainly I wouldn't even liked the high price of Bitcoin since it would be very complicated in terms of price to buy Bitcoin as a form of investment. But as a normal person who can earn Bitcoin easily by working or online task then I would still wouldn't like the high priced but a certain of a middle aged price like maybe 10,000$. One thing if Bitcoin rises to a price let's say maybe around 200,000$ it would be very very difficult for the trades to happen in the exchange market and also gambling in terms of fiat conversion would be stopped and if no investor buys or sells then there wouldn't be a crypto market to exchange any type of coin since investors wouldn't buy if it rises to 200,000$ and investors who wants to sell it wouldn't find any customer who wants to buy it.

What do you guys think and feel of the price ? Woild you guys want a high priced crypto or a low priced one ?

[irawk0]

I think I speak for everyone when I say I want bitcoins to be very low price when I buy it and very high price when I sell it

But economically speaking, I'd prefer a mid-range price, without much fluctuations, aka around the $5000 mark. Volatility means less acceptance worldwide, and I'd like to be able to spend/buy bitcoins (not other crypto that are too volatile) at stores just like Visa in the near future.

[gougou]

The big bosses are trying to control the market they make the price of bitcoin lo and high as they want it to take the  most of them so they can control the price.At the moment they are losing money but they get more and more bitcoins.I am thinking that thet try to find Satoshi Nakamoto cause he has a lot of bitcoins ad he can decide to build more if he wants after 2021.So if they get him the price wil raise high.But i wish finally banks lose and Satoshi Nakamoto will build more and more Bitcoins to make the price flexible to all and not to the banks.Finally HUMANS have to win the cancer of BANKS

[Etude]

In a general sense for most people only worry about low price of Bitcoin when they currently have a considerable enough amount of Bitcoins when the price lowers as the held amount's value is affected.

On the other hand, those who typically do not have much or at all any Bitcoin in possession would eye for a low price like a hawk in attempting to procure some and then they become the first example. It is fair to say it looks like a cycle.

[williamshennie9]

Since bitcoin has no physical backing, it is only backed by the value we give it through faith, and supply and demand. Currently, people are selling off BTC, so the price is declining. I don't see any reason why the price will recover anytime soon.