When the price of Bitcoin first popped up and then continued rising, I was absolutely amazed how many people were calling me to tell me how amazing it was. I had heard the hype and I was willing to believe that it was true.
The fact is that I was right! The price had been rising for months, but it didn’t really seem like it was going to go anywhere. A few days after I sent a friend over to look at it, the price was back up and running at a good clip. The fact that so many people were telling me how they were trading in an effort to catch up to me and mine is a sign that the price is going back up.
I just did a comparison to some of the biggest names in the industry on BTC and I think we can all agree prices are going back up. I think we can also agree that the crypto world is going back to a level of stability that we haven’t seen since the early days of the crypto world. Not only that, but the fact that the price is still rising is a very positive sign. It means that there are still buyers in the market and that prices will continue to climb.
We shouldn’t be that surprised that the price of BTC is still rising. I think this is a product of the fact that there are still some sellers around who are selling at a good rate. In other words, there are still some buyers around who are buying and reselling at a good rate.
And that’s just for the sake of argument. We shouldnt be surprised that price of BTC is still rising. I think it’s the only reason the price of BTC is still rising. Not only that, but the fact that there are still some sellers around who are selling at a good rate. Our goal in deathloop is to take out eight Visionaries, intelligent party-lovers who’ve locked an island into one repeating day so they can piss about for eternity.
Well, I think we can all agree that in the future, that the price of Bitcoin will be even higher than that. The reason is that we can sell out our bitcoins at an even higher price than the rate that we were selling our bitcoins at before. Because the rate of bitcoin use is so much faster than the rate of bitcoin exchange, anyone who wants to buy bitcoins can sell them to anyone else who wants to buy bitcoins at a lower rate.
The same dynamic applies to the price of ether as well. Because ether is so much faster than bitcoin, everyone who wants to buy ether at a lower rate can sell it to anyone else who wants to buy ether at a lower rate. In fact, anyone who wants to buy ether will have to sell it at a lower rate than anyone who wanted to buy it before to make up for the difference in the rate of bitcoin use.
So now that we have a little background in the cryptospace, let’s look at how this plays out in practice. To start, if you want to buy ether cheaply (or pay someone to buy it for you), you can sell it to someone else to get the price down. I did that once, but it was a lot of trouble because the seller was willing to sell it for a lot less than someone else could get it for.
I think the problem here is that the price of bitcoin is determined by the number of people who want to own it. The more people who want to own it, the more likely that the price will be higher than the price of ether. If everyone who is willing to buy it is willing to sell it for less than someone else is willing to sell it for more, then the price per unit of bitcoin will never be lower than the price of ether.