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Author Topic: Does the Price of Bitcoin Matter?  (Read 302854 times)
Bitcoinsummoner
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January 22, 2017, 06:42:47 PM
 #2701

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.

That's all is obvious what you say about the right time to sell/ buy bitcoins. But with bitcoin it's complicated, cause nobody knows how the price plan to behave itself. Do you remember that huge drop under 800$ in few days after bitcoin finally reached 1000+$? I still didn't find any explain about this suddenly drop.
You've got the point everybody did not know when the price will increase or crash.. that is why we have a good strategy for this if you know this method you can not miss the opportunity to get profit everytime the price was increase and decrease..
You can set your margin and always dont sell all of your bitcoin just always the partial like 20% sell and the rest sell it if the price is increased repeat procedure and buy again in lower price.. thats it..

..Decision from segwit2x is not Final..
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January 22, 2017, 06:52:24 PM
 #2702

of course the price matters, it shows the current value and value always matters. Of course if you are convinced that bitcoin will be 2000$ in one year its the trend which matters.

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January 26, 2017, 10:05:11 PM
 #2703

I have come to the conclusion that there are two points of view; so it depends. If you are a day trader and you see bitcoin as a stock and everyday you are look at your computer screen and you speculate causing the price to oscillate of course the quoted price has matter. On the other side if you are an enthusiast believing in bitcoin potentiality to change the world then the price is not a big deal for you because you don't need the fiat to buy/sell goods and services; you pay with bitcoin for these needs. The latter view is completely different from worthless due to the fact that bitcoin is money too.
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January 27, 2017, 05:06:11 AM
 #2704

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
in fact most of the people are facing that problem. most of the people are not decision taker, they cannot take a right decision on right time. although they can realize that it is the best time to buy or sell but still they remain failed. i also facing that problem for most of the time. i admit that i am not a good decision taker, most of the time i miss the right time to buy or sell bitcoin. i think in need some more practice in trading.
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January 27, 2017, 09:07:40 AM
 #2705

of course the price matters, it shows the current value and value always matters. Of course if you are convinced that bitcoin will be 2000$ in one year its the trend which matters.

It matters so that we can convince people to use and accept bitcoin. I was able to introduce bitcoin to my friends and co-workers a lot more easier during the last week of 2016 to the first week of january this year by showing them how bitcoin's price moved and now they are using it both for transfers and savings

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January 27, 2017, 09:10:31 AM
 #2706

of course the price matters, it shows the current value and value always matters. Of course if you are convinced that bitcoin will be 2000$ in one year its the trend which matters.

It matters so that we can convince people to use and accept bitcoin. I was able to introduce bitcoin to my friends and co-workers a lot more easier during the last week of 2016 to the first week of january this year by showing them how bitcoin's price moved and now they are using it both for transfers and savings
Indeed. The higher the prices, the more people will use Bitcoin. I hope that in the end of 2017, the prices will cross $3000 so that there will be more people start seeing Bitcoin as both types of investment and currency. If BItcoin reaches that prices, I will definitely introduce many other people in my family about Bitcoin and how to use Bitcoin appropriately



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Fatanut
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January 27, 2017, 12:53:25 PM
 #2707

of course the price matters, it shows the current value and value always matters. Of course if you are convinced that bitcoin will be 2000$ in one year its the trend which matters.

It matters so that we can convince people to use and accept bitcoin. I was able to introduce bitcoin to my friends and co-workers a lot more easier during the last week of 2016 to the first week of january this year by showing them how bitcoin's price moved and now they are using it both for transfers and savings
Indeed. The higher the prices, the more people will use Bitcoin. I hope that in the end of 2017, the prices will cross $3000 so that there will be more people start seeing Bitcoin as both types of investment and currency. If BItcoin reaches that prices, I will definitely introduce many other people in my family about Bitcoin and how to use Bitcoin appropriately

Actually, it might be the other way around. The more people use bitcoin, the higher the price would be. Personally, I wasn't fascinated by the price of bitcoins because I know that I wouldn't get 1BTC right away when I get started. I know that it would be too good to be true if people are transacting 1BTC or more everytime. I figured it myself that they are transacting smaller denominations.

I simply needed money and that's what get me into bitcoins. The price has nothing to do with it. And somehow I think that the huge price of bitcoin might even be discouraging some people because they're probably thinking that other people already have tons of bitcoins and it would be hard for them to catch up as a newbie. But I really don't know that for sure..
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January 27, 2017, 01:02:05 PM
 #2708

I simply needed money and that's what get me into bitcoins. The price has nothing to do with it. And somehow I think that the huge price of bitcoin might even be discouraging some people because they're probably thinking that other people already have tons of bitcoins and it would be hard for them to catch up as a newbie. But I really don't know that for sure

If they see that the price constantly increases on the time frame that they will be happy with (say, 1 year), they will certainly put some money into it. Not all people indeed and not all they have, but there will always be enough dare-devils to try their luck. And if they succeed, other folks will follow their lead. It is the same with major financial pyramids like MMM which pay first (and even second) investors and then more and more people like flies to shit get attracted to easy money...

In this respect, Bitcoin is not very different overall

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January 28, 2017, 03:54:05 PM
 #2709

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

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January 28, 2017, 03:59:28 PM
 #2710

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

Yes you are right. For each participant in the community Bitcoin price is important. That is why you need as much as possible to promote Bitcoin. After all, if more people will know about Bitcoin, it will become more expensive
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January 28, 2017, 04:11:15 PM
 #2711

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

Yes you are right. For each participant in the community Bitcoin price is important. That is why you need as much as possible to promote Bitcoin. After all, if more people will know about Bitcoin, it will become more expensive

What you are telling are both different things Bitcoin price is not related to More People knowing it. but the More Bitcoin shops are opened then only the Bitcoin will gain more popularity and users will come forward to know about it and use it.
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January 28, 2017, 04:12:48 PM
 #2712

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

Yes you are right. For each participant in the community Bitcoin price is important. That is why you need as much as possible to promote Bitcoin. After all, if more people will know about Bitcoin, it will become more expensive
In fact, about 85% of users bitcoin always pay attention to the price, because the price of bitcoin is really important. if the current price of bitcoin down, I am sure, all bitcoin users will focus on price, because of the advantages and disadvantages depending on the ups and downs of the price of bitcoin.

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January 28, 2017, 05:05:11 PM
 #2713

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

Yes you are right. For each participant in the community Bitcoin price is important. That is why you need as much as possible to promote Bitcoin. After all, if more people will know about Bitcoin, it will become more expensive
In fact, about 85% of users bitcoin always pay attention to the price, because the price of bitcoin is really important. if the current price of bitcoin down, I am sure, all bitcoin users will focus on price, because of the advantages and disadvantages depending on the ups and downs of the price of bitcoin.

Yeah price is the most important factor in bitcoins as its only the price of bitcoins that attracts people towards it and if the price falls in future then many people will prefer to quit bitcoins and switch to some other investment product and at a moment price moving in a positive direction which is drawing attention of many people worldwide.

                                                                               
                
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January 28, 2017, 05:08:35 PM
 #2714

Yea bitcoin price matter and it will always matter and because of that bitcoin cryptocurrency fiat money can be gone forever and also bitcoin affect to dollar price and maybe a little to other fiat values almost nothing affect I think.Peoples which keep bitcoin and if bitcoin start to become worth million of dollars then pupils which dont have bitcoin will be in mre bad situaction then pupils which already used a bitcoin crptocurrency.I am just worried that bitcoin can destroy and make collaps with too much growing but I think that it will not even happent because bitcoin is ilegall in some countries and it will maybe become ilegall in more contries and also new cryptocurrencies are coming so often.
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January 28, 2017, 05:16:54 PM
 #2715

Your question is incomplete. Does the price of bitcoin matter for what?
I, personally will use it no matter what the price is, so the answer is no.
BUT, I want to use it for buying things, and if the price will be higher I'll be able to buy more things, so in that sense the answer is yes.
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January 28, 2017, 08:50:54 PM
 #2716

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
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January 28, 2017, 09:17:06 PM
 #2717

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me

Yeah price is really important when it comes to bitcoins as our buying and selling decisions are totally based on the price that it holds as no one will prefer to sell their coins when price is low and many people are investing their money in bitcoins only because of its price volatility which helps them to make good profits in quick time.

                                                                               
                
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ironm@n
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January 28, 2017, 09:29:42 PM
 #2718

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
Currently, large numbers of users are traders, investors and speculators, so it is normal that the price is something that generates so much discussion among users at this stage. I think that as time goes on, when Bitcoin gains more stability, the number of people using Bitcoin to buy and sell things will correspond to a larger percentage of the total number of users, and this will probably help the price gain more stability in the market. This will also make Bitcoin more used in people's daily lives.

revans
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January 28, 2017, 10:15:13 PM
 #2719

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
Currently, large numbers of users are traders, investors and speculators, so it is normal that the price is something that generates so much discussion among users at this stage. I think that as time goes on, when Bitcoin gains more stability, the number of people using Bitcoin to buy and sell things will correspond to a larger percentage of the total number of users, and this will probably help the price gain more stability in the market. This will also make Bitcoin more used in people's daily lives.

If the price of bitcoins gets stable then I don't think traders would be interested in trading bitcoins as it will not give them opportunity to make profits which they are earning at moment with price volatility but people who genuinely wants to use bitcoins as a currency will surely prefer to have a stable price.
susila_bai
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January 28, 2017, 11:44:15 PM
 #2720

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
Not just for investors, but also for miners. The difficulty of mining is constantly increasing, so that these individuals continue to support the network, a price adjustment is necessary. In addition, after each halving, there is increase in difficulty, which increases the amount of factors that causes this to happen.

Yes you are right. For each participant in the community Bitcoin price is important. That is why you need as much as possible to promote Bitcoin. After all, if more people will know about Bitcoin, it will become more expensive
In fact, about 85% of users bitcoin always pay attention to the price, because the price of bitcoin is really important. if the current price of bitcoin down, I am sure, all bitcoin users will focus on price, because of the advantages and disadvantages depending on the ups and downs of the price of bitcoin.

Yeah price is the most important factor in bitcoins as its only the price of bitcoins that attracts people towards it and if the price falls in future then many people will prefer to quit bitcoins and switch to some other investment product and at a moment price moving in a positive direction which is drawing attention of many people worldwide.

What you said is correct price and the fluctuation are the main factors of the bitcoin getting famous and earning online through bitcoin and if the price is high then all are loving it. because you can see that last year starting their were less awareness but after mid year all of a sudden price increase and you can see lot of users approaching bitcion this is due to price increase. Their are day traders who are earning very good in bitcoin by trading.

so it really matter about the price of bitcoin
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