BeGoods
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 Offline
Activity: 1372
Merit: 1008
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September 21, 2016, 11:02:04 AM |
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The price of bitcoin is the only reason why it is so popular. The volatility of the price is the only reason why traders invest in it and make profits. Also from a more practical view in countries where fiat is still popular and bitcoin still needs acceptance, it can be exchanged to fiat - and that is where exchange rate and price again come into view.
Although the volatility of the price helps some lucky traders to earn money, most people don't like to use Bitcoin exactly for the reason of its volatility. I'd rather prefer that Bitcoin would be a more stable currency than it have been in the past years. Btw the price is pretty stable for the last several weeks and I think that's a good sign. I am one of those people that dont want stability. Good thing I havent sold my coins. It is really a low profit now for there is not much movement. I create my money through exchanges like that for I can monitor the price many times in a day. I think everyone has different preferences about the price of bitcoin? maybe there are some people who like to fluctuation and there are some people who liked the price stable. you're different with me I chose stable prices, of course stable at a high price Lol |
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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ethereumhunter
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September 21, 2016, 12:51:08 PM |
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The Bitcoin price does matter and to be honest it is the most important thing to me. The Bitcoin price decides if people are going to buy or sell their Bitcoin.
If the price is high people are of course going to sell their Bitcoin and if low they will buy.
for me, the price of bitcoin is really important because if the price is high, i can sell it to gain profit, and if the price is down, i can buy bitcoin as much as i can, of course its limit of my fiat balance. i think people will be glad and happy when they see that the price of bitcoin is high and they can quickly sell it like me. and then they will waiting for the down price so they can buy again with much of bitcoin. |
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danherbias07
Legendary
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Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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September 21, 2016, 12:58:11 PM |
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The Bitcoin price does matter and to be honest it is the most important thing to me. The Bitcoin price decides if people are going to buy or sell their Bitcoin.
If the price is high people are of course going to sell their Bitcoin and if low they will buy.
for me, the price of bitcoin is really important because if the price is high, i can sell it to gain profit, and if the price is down, i can buy bitcoin as much as i can, of course its limit of my fiat balance. i think people will be glad and happy when they see that the price of bitcoin is high and they can quickly sell it like me. and then they will waiting for the down price so they can buy again with much of bitcoin. Very true. It does matter on all aspects. It will also pull so much customers to change their investment to bitcoin. It is way above this price when it started and many people tried to invest in it, but sadly it all went down and so it happened. We lose many users. |
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noormcs5
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September 21, 2016, 03:33:45 PM |
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Despite the fact that many people never see it, there are exchanges that trade FIAT for Bitcoin and other alt coins. In fact, most of the big exchanges do this. The newer laws require that a user go through a verification process first and some exchanges can't do this with customers in the USA.
There are hundreds and thousands that do this everyday. So, for most people a $50 flux in the market price can be a big deal
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bamboylee
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September 21, 2016, 03:38:19 PM |
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Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.
Yeah I agree, I also think that the Bitcoin price is the most important because that is what letting people decide if they are going to buy Bitcoin or sell. If the price was always stable then Bitcoin would never be as popular as it is right now. If you are going to dump it, then price is really important. But if you are getting into bitcoin for long term investment, then the price today does not matter. Only its value in the future. BUt if you are here because you believe bitcoin is the solution to the ever inflating fiat, then price does not matter to you at all. |
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agustina2
Legendary
Offline
Activity: 2436
Merit: 1008
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September 21, 2016, 05:58:32 PM |
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The Bitcoin price does matter and to be honest it is the most important thing to me. The Bitcoin price decides if people are going to buy or sell their Bitcoin.
If the price is high people are of course going to sell their Bitcoin and if low they will buy.
for me, the price of bitcoin is really important because if the price is high, i can sell it to gain profit, and if the price is down, i can buy bitcoin as much as i can, of course its limit of my fiat balance. i think people will be glad and happy when they see that the price of bitcoin is high and they can quickly sell it like me. and then they will waiting for the down price so they can buy again with much of bitcoin. Not just that people makes profit out of the price increase, the price of bitcoin is the key of all tradings strategy to be success. Also because of the price fluctuations, traders really improved their known knowledge by doing mostly trades. |
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bestluck
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September 21, 2016, 11:24:46 PM |
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The price of bitcoin is the only reason why it is so popular. The volatility of the price is the only reason why traders invest in it and make profits. Also from a more practical view in countries where fiat is still popular and bitcoin still needs acceptance, it can be exchanged to fiat - and that is where exchange rate and price again come into view.
Although the volatility of the price helps some lucky traders to earn money, most people don't like to use Bitcoin exactly for the reason of its volatility. I'd rather prefer that Bitcoin would be a more stable currency than it have been in the past years. Btw the price is pretty stable for the last several weeks and I think that's a good sign. I am one of those people that dont want stability. Good thing I havent sold my coins. It is really a low profit now for there is not much movement. I create my money through exchanges like that for I can monitor the price many times in a day. The traders do not want the price of bitcoin come to stability as they will not be able to get faster profit from the smallest fluctuations but those people who will want to start their business with bitcoin and who will want to put most of their money in bitcoin will definitely want that the price of bitcoin will come to stability. |
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Doamader
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September 22, 2016, 01:01:24 AM |
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I do pay the projects im projecting with bitcoin but developers do charge me into dollars sure the price will affect me, as the price being 100 dollars and cost me 0,16btc or cost me 0,10btc its a huge difference.
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Zentuple
Newbie
Offline
Activity: 10
Merit: 0
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September 22, 2016, 01:02:15 AM |
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It matters when you bought in the 1k+ range
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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September 22, 2016, 01:09:52 AM |
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It matters when you bought in the 1k+ range
No. It matters even with small holdes. Why not? Even if you just have 1btc once every dollar changed there is also an impact to you. Even lower than that you will feel it. I got like 3 million satoshis in one website exchange and yet I still feel the changes in its price. |
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Finestream
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September 22, 2016, 01:29:16 AM |
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It matters when you bought in the 1k+ range
No. It matters even with small holdes. Why not? Even if you just have 1btc once every dollar changed there is also an impact to you. Even lower than that you will feel it. I got like 3 million satoshis in one website exchange and yet I still feel the changes in its price. When we have a volume of bitcoins, we will really feel even with a small price changes, like if we are trading, if we have a good capital, we are already happy if we even hit a 1% profit in a daily basis. Therefore, the price really matters for those people who having a business online. |
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Natalim
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September 22, 2016, 01:47:19 AM |
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It matters because I will only buy bitcoin when the price is cheap and hold it for a longer period of time. That is my strategy to make money as I believe I can grow my money if I hold it longer.
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Altynbekova
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September 22, 2016, 07:44:04 AM |
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sure, the price of bitcoin matters because everything depends upon the price rise and fall... when price rise everyone will be eager to sell their bitcoins and when it fall they may buy it...
correct. from the beginning until now people always pay attention to the price of bitcoin. even the price of bitcoin has become a pride for bitcoin, because it makes it look better than the other money on the internet The Bitcoin price does matter and I think that it is important if you are wanting to invest in Bitcoin. Te price is what is attracting most people and make them do things because of the price. |
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DashCoinDark
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September 22, 2016, 08:05:35 AM |
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The price of bitcoin reflects the value of bitcoin. Having a low price on bitcoin makes it less attractive for just about anybody to buy.
Maybe only investors would think it's interesting since they see a oppurtunity of price increase.
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diodio5
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September 22, 2016, 08:37:37 AM |
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It matters when you bought in the 1k+ range
I think regardless of the number bitcoin that you buy will greatly depend on the price, when you buy 1 BTC though of course you're going to wait until the price is really low so that you can get great benefits, I think buyers and sellers have different desires in the price of bitcoin, so fluctuations would be helpful |
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madwica
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September 22, 2016, 12:05:39 PM |
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For me its not matter, i only user who earn in some method in bitcoin and never try to invest my money in my pocket in bitcoin, i think if i have investment the price would be matter for me.
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freedomgo
Legendary
Offline
Activity: 3094
Merit: 1144
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September 22, 2016, 12:34:11 PM |
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For me its not matter, i only user who earn in some method in bitcoin and never try to invest my money in my pocket in bitcoin, i think if i have investment the price would be matter for me.
So you don't value your effort spend just to earn bitcoin, I know working and getting bitcoin is a risk free job but we need to give emphasis that this is an opportunity to earn and we need to take the time to invest for our future, we could be proud of ourselves in the future if we make fortune from bitcoin. |
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danherbias07
Legendary
Offline
Activity: 3122
Merit: 1119
Leading Crypto Sports Betting & Casino Platform
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September 22, 2016, 02:45:36 PM |
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For me its not matter, i only user who earn in some method in bitcoin and never try to invest my money in my pocket in bitcoin, i think if i have investment the price would be matter for me.
So you don't value your effort spend just to earn bitcoin, I know working and getting bitcoin is a risk free job but we need to give emphasis that this is an opportunity to earn and we need to take the time to invest for our future, we could be proud of ourselves in the future if we make fortune from bitcoin. I am proud that I stayed. There have been much lost from the past and it is hard to earn some. Buying is the only option you got. The everyday fluctuation makes you stressed out thinking it might go down again. So the price do matter. |
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agustina2
Legendary
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Activity: 2436
Merit: 1008
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September 22, 2016, 05:28:27 PM |
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For me its not matter, i only user who earn in some method in bitcoin and never try to invest my money in my pocket in bitcoin, i think if i have investment the price would be matter for me.
What is the sense of earning bitcoin then? What is your purpose? What you usually do in your earned coins? Are you not desiring for a price increase? It's impossible you don't care for bitcoin price but still putting effort to work for bitcoin. |
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Gestiside
Newbie
Offline
Activity: 28
Merit: 0
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September 24, 2016, 05:27:43 PM |
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For me its not matter, i only user who earn in some method in bitcoin and never try to invest my money in my pocket in bitcoin, i think if i have investment the price would be matter for me.
So you don't value your effort spend just to earn bitcoin, I know working and getting bitcoin is a risk free job but we need to give emphasis that this is an opportunity to earn and we need to take the time to invest for our future, we could be proud of ourselves in the future if we make fortune from bitcoin. I am proud that I stayed. There have been much lost from the past and it is hard to earn some. Buying is the only option you got. The everyday fluctuation makes you stressed out thinking it might go down again. So the price do matter. You might be rewarded a lot in the next few years if you hold the bitcoin. Of coursse it depends on the further development. |
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