Does high velocity mean high prices for Bitcoin? - AMBCrypto

Bitcoin - The Currency of the Internet

A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
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Countries stricken uncontrolled inflation showing all-time-high Bitcoin price (x-post from /r/Cryptocurrency)

Countries stricken uncontrolled inflation showing all-time-high Bitcoin price (x-post from /Cryptocurrency) submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Bitcoin Hashrate hit 30-Days High, Bitcoin price can follow the same lead

Bitcoin Hashrate hit 30-Days High, Bitcoin price can follow the same lead submitted by itsblockchain to CryptoMarkets [link] [comments]

Here's How High Bitcoin Price May Go if $6.4K Becomes New Support

submitted by cryptolobe to cryptolobe [link] [comments]

No Stopping? After Record High, Bitcoin Price Eyes $20,000

No Stopping? After Record High, Bitcoin Price Eyes $20,000 submitted by Lukovka to Bitcoin [link] [comments]

How high bitcoin price will go?

How high bitcoin price will go? submitted by Gamer7india to CryptoBoiler [link] [comments]

My students asked me, "The Blockchain network works equally well, whether Bitcoins are priced at $1 or $1,000. So why would a high Bitcoin price be justified?" Any thoughts on how to answer them?

EDIT: Thanks for all the amazing answers! So many different ways of understanding this! Thanks to all who have taken the time to respond! :)
submitted by scotty321 to Bitcoin [link] [comments]

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K submitted by Cointelegraph_news to CoinTelegraph [link] [comments]

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K submitted by n4bb to CoinPath [link] [comments]

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K

A Year After $20K All-Time Highs, Bitcoin Price Sees a Small Rally Above $3.5K submitted by Ranzware to BitNewsLive [link] [comments]

What will the electricity consumption of seigniorage at high bitcoin price be?

Most of the price of new minted bitcoins comes in the form of electricity. This happens as people compete for the seigniorage on an open market, the result is that electricity is consumed proportional to the value (in fiat) of each minted block. (This is independent of how efficient the chips get) The annual BTC network energy cost is that of a small country. When the price of BTC reaches $20,000 I would naively assume the energy cost would rise to 10 small countries. Is that the case?
How much electricity will be consumed by the Bitcoin network if the XBT price reaches $2m?
submitted by Elum224 to Bitcoin [link] [comments]

Max Keiser Calls for New All Time High Bitcoin Price with Morgan Stanley's Asset Class Classification

Max Keiser Calls for New All Time High Bitcoin Price with Morgan Stanley's Asset Class Classification submitted by Arttoast to markethive [link] [comments]

Can someone please ELI5 for me why more US debt = high bitcoin price? /r/BitcoinBeginners

Can someone please ELI5 for me why more US debt = high bitcoin price? /BitcoinBeginners submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Companies using the bitcoin blockchain need a high Bitcoin price

Miners get a bigger reward (in fiat) when the price rises. So, when the blockchain is only used for the bitcoin currency, the higher the value of the transacted tokens, the more money will be invested in the security of the network (mining).
However, when tokens (for example single satoshis) are used as tokens to record transactions of other valuable assets, the value of these tokens can be high, even when the Bitcoin price is low.
Companies or organisations (let's say NASDAQ) using the bitcoin blockchain want the bitcoin price to be fairly high, so miners keep improving/maintaining the current security. When they start using the bitcoin blockchain now, they seem to trust this will be the case for the (near) future.
submitted by AscotV to Bitcoin [link] [comments]

No Stopping? After Record High, Bitcoin Price Eyes $20,000

No Stopping? After Record High, Bitcoin Price Eyes $20,000 submitted by Lukovka to bitcoin_uncensored [link] [comments]

High bitcoin price difference between Zebpay India and shown by Preev.com

Is ZebPay trying to make the best of the current ongoing demonetization in India.
zebpay : 57,973 INR preev.com : 48,120 INR
Difference is 9853 INR or equivalent to 145 $
http://imgur.com/a/sXv5J
submitted by ppdeec to Bitcoin [link] [comments]

Zimbabwe have high Bitcoin prices - why don't they just buy from other exchanges?

This article says that hyperinflation has brought the price up to USD7000+ per BTC.
I don't get it -- why do they buy from there instead of buying from any other exchange where the prices are lower?
Why isn't everybody selling their BTC there to gain a huge profit?
I think this really is a beginner question because pro's would have seen through my confusion in a heartbeat.
submitted by FinibusBonorum to BitcoinBeginners [link] [comments]

No Stopping? After New High, Bitcoin Price Eyes $20k

No Stopping? After New High, Bitcoin Price Eyes $20k submitted by CryptoCurrency_News to CryptoCurrency [link] [comments]

No Stopping? After New High, Bitcoin Price Eyes $20k

No Stopping? After New High, Bitcoin Price Eyes $20k submitted by btccit to Bitcoin_News [link] [comments]

ANOTHER ALL-TIME HIGH BITCOIN PRICE $8,500

ANOTHER ALL-TIME HIGH BITCOIN PRICE $8,500 submitted by samair8 to BitcoinAll [link] [comments]

Can someone please ELI5 for me why more US debt = high bitcoin price? /r/Bitcoin

Can someone please ELI5 for me why more US debt = high bitcoin price? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

No Stopping? After New High, Bitcoin Price Eyes $20k – CoinDesk

submitted by leftok to atbitcoin [link] [comments]

No Stopping? After Record High, Bitcoin Price Eyes $20,000

No Stopping? After Record High, Bitcoin Price Eyes $20,000 submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin price to break 2019 high? LIVE SHOW! - YouTube Bitcoin Price Made Yearly High Yesterday, How High Can It ... Bitcoin price hits new record high in these 7 countries ... $11,700 AND THEN NEW ALL TIME HIGH FOR BITCOIN ... BITCOIN HASHRATE HITS A HIGH - BTC PRICE WILL FOLLOW SAYS MAX KEISER  7 Crypto’s Making Huge Moves

Bitcoin’s historic bull run was followed by a price decline, with the same starting in early-2018. These concerns led to a drop in investor confidence and Bitcoin was more like a reserve asset, rather than one being circulated. In fact, HODLers held on to their purchase of the asset above the $13k-$17k level and started selling only recently above $11k or $11.5k. Yesterday, well-known Bitcoin HODLer Jason A. Williams, Co-Founder and Partner at Morgan Creek Digital (where Anthony Pompliano enjoys a similar position), said that he believed that by the end of October 2020 Bitcoin’s price would reach a new all-time high (ATH) — meaning that it will go over $20,000 — and reminded us of famous Bitcoin price predictions by his colleague Pompliano and ... Bitcoin All Time High Charts. Bitcoin’s price is based on supply and demand. The more people are looking to buy Bitcoin, the higher the price will rise. If the majority of people lose faith in Bitcoin and start selling it, the price will drop. The first time Bitcoin actually gained value was on October 12, 2009, when Martti Malmi, a Finnish developer that helped Satoshi work on Bitcoin, sold ... The Bitcoin price is now above $12,000 after weeks of attempting to break past this resistance point. Today’s price gain now means Bitcoin (BTC) has set a new 2020 high as the bullish advance for the year continues. Bitcoin’s current price run is also coming at a time when the network fundamentals are continuing to improve. Bitcoin’s price reached a two-month high on Wednesday, taking month-to-date gain to over 13%. The top cryptocurrency by market value rose to a high of $12,379 soon before press time – the ...

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Bitcoin price to break 2019 high? LIVE SHOW! - YouTube

Compiled by entrepreneur and market commentator Alistair Milne , exchange rate figures show that at this week’s highs, Bitcoin was worth more in seven curren... Bitcoin makes new yearly high as the bullish set up continues to push the price, Bitcoin dominance falls further opening the field for altcoins, Fed chair ta... Bitcoin price hits a new record high in seven national currencies of 500 million people.7666 Total views5 Total sharesCompiled by entrepreneur and market com... As per our previous video where we mentioned that Bitcoin price can explode to the upside, the crypto king made a high for this year yesterday. Of course, th... Bitcoin is on the move again! Here we just follow the markets live and answer any questions you may have! Join the Premium List: https://intothecryptoverse.c...

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