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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
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November 03, 2016, 08:38:39 AM
 #2141

the price matters..since it affects other alt coins
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November 03, 2016, 08:58:04 AM
 #2142

the price matters..since it affects other alt coins
In everybody the bitcoin price is always matter because this is the basis if we can earn profit in our investment, we should always monitor the value to have advantage of earning big in our investment.
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November 03, 2016, 09:24:14 AM
 #2143

the price matters..since it affects other alt coins
In everybody the bitcoin price is always matter because this is the basis if we can earn profit in our investment, we should always monitor the value to have advantage of earning big in our investment.

Yes, the price is very important in the formation of investment strategy. When trading cryptocurrency - is a fundamental point. I always learn Bitcoin course before making investment
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November 03, 2016, 09:26:02 AM
 #2144

the price matters..since it affects other alt coins
In everybody the bitcoin price is always matter because this is the basis if we can earn profit in our investment, we should always monitor the value to have advantage of earning big in our investment.
The basic moto to earn bitcoins is the profit when the price is high or reasonable. Many have set this as their part time job to earn bit extra for family expense. All traders are upto its price. Now the price is going up. I am earning and saving more bitcoins to get more profit when the price reaches its hight in beginning of  next  year. Price really matters in everything.
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November 03, 2016, 01:31:00 PM
Last edit: November 03, 2016, 01:49:51 PM by deisik
 #2145

i do not care about the bitcoin price much and i think most of the people do not actully do care about it except of the traders. i dont care if it rises up or down just i care about is my wallet balance and how much it is being effected by the price

Soo you are saying the price of bitcoin does matter, because the ammount you do hold into your wallet, in the end it will always be an important question for the most, the price of bitcoin and its volatility is what made several people join and invest into bitcoin.
We are not actually talking here if the price really matters to a person by person, it should be for everyone. I believe it really matters because with the current price that is rising many are happy especially those who are earning online.

Traders and investors are so happy with the big price fluctuations and even those who work for bitcoin is happy to convert their earnings to fiat.

On the whole I agree that the price does matter almost for anyone. But if you are a creator of a coin (not necessarily Bitcoin), you would mostly certainly care not so much for the price of the coin but for the overall success of your coin (unless you are an outright scammer, of course). You might say that its price reflects its success, and you would be right, to a degree. On the other hand, though, price is only one metric of success, and the more important one, as I see it, is the adoption of your coin...

For example, would Dogecoin creators care so much for its price if this coin got accepted everywhere as well as competed out fiat?
I think what makes the price of bitcoin rise is the adoption rate of the people are increasing. It was not a bubble unlike before so I am confident that the price will continue to increase as demand increases.

The increase in the adoption rate will generally lead to price increase only in the case of capped currencies like Bitcoin. With other currencies, it will be a competition between the issuance of new coins and the adoption rate. But obviously there are a lot of other factors that typically affect price in every possible way...

Nevertheless, the creators of "authentic" coins would prefer wider adoption to price increase as such

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November 03, 2016, 02:13:03 PM
 #2146

i do not care about the bitcoin price much and i think most of the people do not actully do care about it except of the traders. i dont care if it rises up or down just i care about is my wallet balance and how much it is being effected by the price

Soo you are saying the price of bitcoin does matter, because the ammount you do hold into your wallet, in the end it will always be an important question for the most, the price of bitcoin and its volatility is what made several people join and invest into bitcoin.
We are not actually talking here if the price really matters to a person by person, it should be for everyone. I believe it really matters because with the current price that is rising many are happy especially those who are earning online.

Traders and investors are so happy with the big price fluctuations and even those who work for bitcoin is happy to convert their earnings to fiat.

On the whole I agree that the price does matter almost for anyone. But if you are a creator of a coin (not necessarily Bitcoin), you would mostly certainly care not so much for the price of the coin but for the overall success of your coin (unless you are an outright scammer, of course). You might say that its price reflects its success, and you would be right, to a degree. On the other hand, though, price is only one metric of success, and the more important one, as I see it, is the adoption of your coin...

For example, would Dogecoin creators care so much for its price if this coin got accepted everywhere as well as competed out fiat?
I think what makes the price of bitcoin rise is the adoption rate of the people are increasing. It was not a bubble unlike before so I am confident that the price will continue to increase as demand increases.

The increase in the adoption rate will generally lead to price increase only in the case of capped currencies like Bitcoin. With other currencies, it will be a competition between the issuance of new coins and the adoption rate. But obviously there are a lot of other factors that typically affect price in every possible way...

Nevertheless, the creators of "authentic" coins would prefer wider adoption to price increase as such
That's it, and that's exactly what is happening with bitcoin now, the adoption rate is good and the price is good as well. We should be celebrating already as we have a progressive year so far, but wait.... I think the price increase is not yet over. Seems like it's still in progress.

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November 03, 2016, 02:57:02 PM
 #2147

i do not care about the bitcoin price much and i think most of the people do not actully do care about it except of the traders. i dont care if it rises up or down just i care about is my wallet balance and how much it is being effected by the price

Soo you are saying the price of bitcoin does matter, because the ammount you do hold into your wallet, in the end it will always be an important question for the most, the price of bitcoin and its volatility is what made several people join and invest into bitcoin.
We are not actually talking here if the price really matters to a person by person, it should be for everyone. I believe it really matters because with the current price that is rising many are happy especially those who are earning online.

Traders and investors are so happy with the big price fluctuations and even those who work for bitcoin is happy to convert their earnings to fiat.

On the whole I agree that the price does matter almost for anyone. But if you are a creator of a coin (not necessarily Bitcoin), you would mostly certainly care not so much for the price of the coin but for the overall success of your coin (unless you are an outright scammer, of course). You might say that its price reflects its success, and you would be right, to a degree. On the other hand, though, price is only one metric of success, and the more important one, as I see it, is the adoption of your coin...

For example, would Dogecoin creators care so much for its price if this coin got accepted everywhere as well as competed out fiat?
I think what makes the price of bitcoin rise is the adoption rate of the people are increasing. It was not a bubble unlike before so I am confident that the price will continue to increase as demand increases.

The increase in the adoption rate will generally lead to price increase only in the case of capped currencies like Bitcoin. With other currencies, it will be a competition between the issuance of new coins and the adoption rate. But obviously there are a lot of other factors that typically affect price in every possible way...

Nevertheless, the creators of "authentic" coins would prefer wider adoption to price increase as such
That's it, and that's exactly what is happening with bitcoin now, the adoption rate is good and the price is good as well. We should be celebrating already as we have a progressive year so far, but wait.... I think the price increase is not yet over. Seems like it's still in progress.
Well yeah, the fact that we're all eagerly observing the movement of bitcoin proves that bitcoin price matter. The fact the most of us are holding on to our btc's hoping that the price continues to rise indicates that we will be affected with hownthis plays through

 
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November 03, 2016, 03:18:05 PM
 #2148

Indeed, bitcoin price does matter because many users are attached with bitcoin.
Many users loves bitcoin, many users always checking the value of bitcoin.
As we all know bitcoin is currently increasing its price, and many users are
happy with it because they earn huge profit of bitcoin.

If they are investing there money into bitcoin then it's really matter for them when they atteched there money into bitcoin and they are using it to invest or into there company many users are loves bitcoin yes this is very true but for me bitcoin is good as much as the bitcoin price is really high.
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November 03, 2016, 03:44:30 PM
 #2149

Sure bitcoin price matters, otherwise why would people save them, buying them on the last year or at January this year, several people invested deeply into bitcoin, and the only interest is the potencial value that bitcoin will achieve, soo they can collect their profit from their investment. Those wich does use bitcoin for their daily needs sure get affected as well, as they can spend 0,10 as can spend 0,04btc and buy the same things, this will be always the main reason to use and have bitcoin.
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November 03, 2016, 05:13:45 PM
 #2150

If bitcoin price didn't matter then no one will be using it and it wouldn't have its current value, before the price was low people didn't have any idea what to do with it but when it suddenly started going up every buddy started mining it which made it  less and made its price go up fastly.
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November 03, 2016, 05:16:03 PM
 #2151

the price matters..since it affects other alt coins

Besides affecting other alt coins, it affects every income people are getting through bitcoins, and if the price did not matter then bitcoin would not have been the most used or loved alt coin in the world, just because of its volatile and growing nature it has built such a huge users database in the world.
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November 03, 2016, 05:30:42 PM
 #2152

it really matters because all investors and earners are depending to it's price . and as the bitcoins' price goes higher there would be more people who are using it and more investors will come and this will make bitcoin go to it's higher price .
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November 04, 2016, 02:14:13 AM
 #2153

it really matters because all investors and earners are depending to it's price . and as the bitcoins' price goes higher there would be more people who are using it and more investors will come and this will make bitcoin go to it's higher price .
Not only investors but also the traders, most likely the traders get interested with the price of bitcoin because that is their main basis on their decision making. They can make money with the price movement so if the price does not move they are not gonna earn.

What their concern is the price should move in different director so they can make money out of it.

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November 04, 2016, 04:09:34 AM
 #2154

Indeed, bitcoin price does matter because many users are attached with bitcoin.
Many users loves bitcoin, many users always checking the value of bitcoin.
As we all know bitcoin is currently increasing its price, and many users are
happy with it because they earn huge profit of bitcoin.

arguably many users love bitcoin because they benefit from the rising price of bitcoin. can mean the importance of bitcoin prices for users itself

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November 04, 2016, 05:14:00 AM
 #2155

If bitcoin price didn't matter then no one will be using it and it wouldn't have its current value, before the price was low people didn't have any idea what to do with it but when it suddenly started going up every buddy started mining it which made it  less and made its price go up fastly.
everyone want money and when bitcoin price go up , it's the chance for you to make money. but when the price go down it's feel like a disaster and everyone will just leaving so yeah the price for bitcoin are very fundamental

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November 04, 2016, 05:24:23 AM
 #2156

Indeed, bitcoin price does matter because many users are attached with bitcoin.
Many users loves bitcoin, many users always checking the value of bitcoin.
As we all know bitcoin is currently increasing its price, and many users are
happy with it because they earn huge profit of bitcoin.

arguably many users love bitcoin because they benefit from the rising price of bitcoin. can mean the importance of bitcoin prices for users itself
The price does not rise all the time and that is bitcoin, we are not all investors here as there are also people who uses their bitcoin to gamble and to buy stuff online. I believe of the total users of bitcoin, only few are into investing and the majority are here to spend and treat bitcoin as currency.

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xSkylarx
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November 04, 2016, 05:36:15 AM
 #2157

Definitely yes because it shows if the effort you do for a task to earn bitcoin is worth it. If the value of bitcoin is low then less people will use it and get interested to it. If its value is high many people will get curious about it and will start using it as well.
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November 04, 2016, 05:38:32 AM
 #2158

The price matters to me especially when I have to buy bitcoin because when it goes up lol I get less of it, but if I have bitcoin to exchange back to fiat and the price has gone higher than I bought it, then that is pretty sweet, so yes price matters for sure.


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November 04, 2016, 05:41:06 AM
 #2159

The price matters to me especially when I have to buy bitcoin because when it goes up lol I get less of it, but if I have bitcoin to exchange back to fiat and the price has gone higher than I bought it, then that is pretty sweet, so yes price matters for sure.
Its a must especially when we are using it for trading alts i just noticed that when time btc rise alts price fell down so better to check and enjoy earnings when placing enty has correctly done.

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November 04, 2016, 05:47:38 AM
 #2160

It's all about your point of view, if you are a blockchain lover maybe it don't matter at all, and that's why I think Ethereum or some new alt will beat the bitcoin marketcap, because it have more to offer.
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