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Author Topic: Does the Price of Bitcoin Matter?  (Read 302856 times)
BeGoods
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April 06, 2017, 11:58:04 PM
 #3001

Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
yeah I do agree with what you say there. It is obvious that the higher the prices, the more people enjoy using Bitcoin. Not only investors but also casual people will pay attention to this potential coin. The instability in the prices can draw many positive effects both when it increases and when it drops
They will have the confidence to use it because it's valuable but when the value continues to fluctuate, I think they will find it risky. We need more users than investors who are just working to hold their bitcoins, the massive adoption that we all been longing should happen so the circulation will increase and everyone will be benefited.
I think investors or users alike if they continue to grow then the price will also be higher as it is today. and really getting bitcoin prices higher it is the trust or proud person using bitcoin will be more
I'm the one is not like if the price of bitcoin always increase everytime. because I can't get more bitcoin for the cheap price. I'll support the next red candle by bitcoin.
Lol If you want to buy at high prices. then if you're buying what you would expect from a bitcoin? of course prices are up so that you can make a profit?

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April 07, 2017, 02:06:58 AM
 #3002

I would say Yes it matters me most. If bitcoin price was of not use then it's popularity and valuation would never have reached to the mark which it is holding today. Bitcoin is in existence because of its value/price which people love to see that way. Millions of people are trying to create passive income by trading or gambling bitcoin. If bitcoin would have been same all around then I can trade Gold for best profits and my income would have been dependent on it and not on bitcoin. Moreover, bitcoin price matters because in virtual world if it has to exists then it has too show its power in terms of its value. If bitcoin value looses or it had no value then would end up as normal daily commodity or asset which people might not had recognised so popularly.  Smiley

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April 07, 2017, 02:39:28 AM
 #3003

If someone think that price is not matter cuz it does, then i will offer to buy it then for a dollar if somene thinks like this. Price is good and lets remain like this.

I think the price is the most important unit in bitcoin. because without the price you will not be able to do anything in bitcoin. bulshit if someone says that the price is not important?
We are happy now because bitcoin's price is increasing and we are about to hit the all time high again. Now, this is very simple, most of us if not all are hoping for the value of bitcoin to rise so we will benefit from our investment and if you have work online you'll get a great conversion rate.
I Know there are a lot of backers for altcoins also and they are worry when the price of bitcoin is increasing because theirs will be lowered.

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April 07, 2017, 06:40:24 PM
 #3004

Price always matters because with a low price I will not be here and we cannot attract potential adopters.
Correct bitcoin price matters a lot, we are always looking for the higher price because it would gives lot of profit in our investments and also it good to spend higher value of bitcoin.
Agreed, every time there is a movement happening in the market traders had a chance to act fro them to get profit. It is their chance to sell or buy depending on the motion of the coins they bought.

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April 07, 2017, 06:50:23 PM
 #3005

If someone think that price is not matter cuz it does, then i will offer to buy it then for a dollar if somene thinks like this. Price is good and lets remain like this.

Wait a minute, you talk about buying for less then its really worth. Let me ask you a question, would you continue to use bitcoin if price is still 100 dollars? Does price need to constantly to up for you to stay with bitcoin? For me price is not matter in sense I don't care is it 800 or 1200 dollars I'm here in both ways. I like idea behind bitcoin, and I like bitcoin as alternative to any currency that exist, in that manner I would support bitcoin at any price, even now when I need cash I sell bitcoins for current price, I don't wait pump's, I sold few times for lower then I should but financial problems made me do it.

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April 07, 2017, 07:17:39 PM
 #3006

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read m I do believe in God the Creator of heaven and earth. I see from nature that God  manifest himself in living things and nor living things should we deny reality? That list we human being by looking at our nature should know that there is something greater than  our thought, soul and body that dwell inside and outside us. God is my source therefore I believe in him.

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April 07, 2017, 07:18:54 PM
 #3007

The price of bitcoin is everything ,there was a time when the price hit a rock bottom and people were having huge losses and still they were running the miners at a loss and the biggest loss encountered when the price take a dive would be the miners and so the price is really important .

I agree with you that the price of Bitcoin is indeed everything because it was one of the motivating factors that convinced me to join - there's not a better feeling than to wake up to see a forward surge in BTC prices and so I know the persistent increase in its prices and the value it possesses can motivate wannabes and yet to be told Bitcoiners to come on board quickly.



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April 08, 2017, 01:33:34 AM
 #3008

For me the price of Bitcoin is a relevant matter it was the one that got started me with Bitcoin in the first place. I was just a regular man surfing the web when I come across an article  with the lines "Bitcoin Getting more Stable than Gold" so I got curious what is this Bitcoin anyway that makes it more valuable than gold? And for the majority of the first timers they will say how could something that only exist in the internet has this kind of value? For me Bitcoin's price can also be a factor to attract more demand because they will be curious on what it is and how they will benefit from using it compared to Fiat Currency.

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April 08, 2017, 02:25:22 AM
 #3009

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter
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April 08, 2017, 04:45:30 AM
 #3010

The price of Bitcoin doesn't matter for a merchant that may accept Bitcoins as payment buy then immediately sells the Bitcoins. But for anyone that holds Bitcoins for any period of time it seems like the price does matter.

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April 08, 2017, 04:56:28 AM
 #3011

The price of Bitcoin doesn't matter for a merchant that may accept Bitcoins as payment buy then immediately sells the Bitcoins. But for anyone that holds Bitcoins for any period of time it seems like the price does matter.
Exactly the price of bitcoin matter thats why there so many trading platforms are there.people wants to invest and earn good in return.only those hold bitcoin for long who already have good amount of bitcoin and are positive in upcoming digital world.
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April 08, 2017, 10:48:12 AM
 #3012

For me the price of Bitcoin is a relevant matter it was the one that got started me with Bitcoin in the first place. I was just a regular man surfing the web when I come across an article  with the lines "Bitcoin Getting more Stable than Gold" so I got curious what is this Bitcoin anyway that makes it more valuable than gold? And for the majority of the first timers they will say how could something that only exist in the internet has this kind of value? For me Bitcoin's price can also be a factor to attract more demand because they will be curious on what it is and how they will benefit from using it compared to Fiat Currency.

It has value because of the things that you can do with your bitcoins. You're using it simply because you need it to have better transaction with other people. Bitcoin is utilitarian (definition: designed to be useful or practical rather than attractive). Without its uses, bitcoin will simply be a combination of 1s and 0s.

Personally, I wouldn't be surprised if something that lives off the internet has so much value. Just look at the CS:Go items (See: article). The items that exists on the CS:Go have a higher price than when you are going to buy the real item (for example, a knife with some engraved stuffs on it). You can also trade CS:Go items just like in bitcoins especially the ones that are seasonal/limited.
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April 08, 2017, 10:58:01 AM
 #3013

If someone think that price is not matter cuz it does, then i will offer to buy it then for a dollar if somene thinks like this. Price is good and lets remain like this.

Wait a minute, you talk about buying for less then its really worth. Let me ask you a question, would you continue to use bitcoin if price is still 100 dollars? Does price need to constantly to up for you to stay with bitcoin? For me price is not matter in sense I don't care is it 800 or 1200 dollars I'm here in both ways. I like idea behind bitcoin, and I like bitcoin as alternative to any currency that exist, in that manner I would support bitcoin at any price, even now when I need cash I sell bitcoins for current price, I don't wait pump's, I sold few times for lower then I should but financial problems made me do it

That all depends on a specific usage scenario

If someone heavily invested in bitcoins (say, at 1,000 dollars per coin) waiting for prices to rise even higher (the notorious "buy low sell high" approach) and then the price crashes to 100 dollars, I don't think that this wretched investor will be quite happy with such development. Most certainly, he will be disappointed (mildly speaking) and wishing he had never entered Bitcoin in the first place. On the other hand, if you use Bitcoin as a means of payment (for both receiving and offering payment with bitcoins), you would care not so much for its price but for its volatility since the latter would mostly define this field of application, not price as such

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April 08, 2017, 11:01:07 AM
 #3014

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter
Yes value always matter not only in bitcoin but also in almost of the items in the world because if there is no value for a certain item then it will be useless and not interesting for other people. i.e in bitcoin, if bitcoin has no value there would be no investor and there would no people like us here in the forum.

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April 08, 2017, 11:11:15 AM
 #3015

It matters now more and more, especially when your only source of income comes through Bitcoin or bitcoin related activities and altcoins. With more and more people out of normal work, it is imperative that Bitcoin has a stable price or a good uptrend.

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April 08, 2017, 06:05:16 PM
 #3016

I always had a thought of taking 1 BTC's value to be 1 BTC only no matter what its price in USD could be, but now everything has changed as it is becoming more and more popular with mainstream media accepting its values as well as importance and it is becoming an addiction like gambling and being spread by everyone out of their limits and that is just because of its price, Bitcoin is gaining this importance.

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April 08, 2017, 06:19:58 PM
 #3017

Value do matter, if not there won't be any infighting in the space and Bitcoin will just be  like a sand you work on daily. Valuation is very key to the success of become and this is derived from the usecase of BTC and this increase demand for it. There is no way value will not matter because it is also a scare resources, just the way countries fight for Oil and Gold

                                 
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April 08, 2017, 06:42:32 PM
 #3018

Of course Bitcoin price matters. Remember just what happened few weeks ago when price has fallen down and many started talking how Bitcoin is dead and that this is the end, they will abandone it. So, no matter to all other advantages the price is still the most important thing that attracts people to Bitcoin.

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April 08, 2017, 08:15:11 PM
 #3019

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

The value and the price is two different thing. If a thing lose its value then it's price will go down as well however if the price goes down then the value might stay the same . The price of course matter no matter what, atleast for now because it will attract more investor to come and it will increase its value

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megynacuna
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April 08, 2017, 09:17:54 PM
 #3020

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

I agree with you, value is everything and the value of Bitcoin at any point in time draws potential investors and the untold to this community and so we cannot get rid of th value of Bitcoin and still have Bitcoin. The two must coexist hence its importance.



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