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Nagadota
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April 15, 2017, 02:40:53 PM |
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Its the most important thing for the most people around bitcoin, its value, no one can only say they are interested into the technology just, because if you bought lower then 1000 dollars, or at 250 dollars or above you are able to roi and make a decent profit already. When i go shopping and i do see two similiar products i will choose the best one for me, but usually those means the cheaper, and i believe as me the most people do the same with food as well others things.
Bitcoin value is the reason why we use btc anyway ,its value is the primary asset of btc thats why many were interested in usinh it.Btc offers a lot of features and it helps in making bitcoin transactions convenient like banks. If the value was the only reason we were using Bitcoin, it would basically be a Ponzi scheme. Gold has inherent value because of its physical existence and sentimental value - Bitcoin does not, and therefore its value is based on its utility or it's meaningless for it to exist. |
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Kolder
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April 15, 2017, 03:10:05 PM |
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Its the most important thing for the most people around bitcoin, its value, no one can only say they are interested into the technology just, because if you bought lower then 1000 dollars, or at 250 dollars or above you are able to roi and make a decent profit already. When i go shopping and i do see two similiar products i will choose the best one for me, but usually those means the cheaper, and i believe as me the most people do the same with food as well others things.
Bitcoin value is the reason why we use btc anyway ,its value is the primary asset of btc thats why many were interested in usinh it.Btc offers a lot of features and it helps in making bitcoin transactions convenient like banks. If the value was the only reason we were using Bitcoin, it would basically be a Ponzi scheme. Gold has inherent value because of its physical existence and sentimental value - Bitcoin does not, and therefore its value is based on its utility or it's meaningless for it to exist. Then what is the sense of using of bitcoin if it has no value at all? Gold was far different to a crytocurrency. Din't compare the worth of the two. I'm actually agree to the one you quote because he has point. We are not here mining/working for btc for just collecting it. Let's be honest that we are interested on BTC because of it's current high price/value. |
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Hypnosis00
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April 15, 2017, 03:35:03 PM |
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Bitcoin price always matter for all of the people here, we can't lie to our self that the price of bitcoin doesn't matter to us because that is bullshit. If you are a person who needs money or who want to generate income from an asset then the price is always matter for you just like in bitcoin.
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Nagadota
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April 16, 2017, 07:39:50 AM |
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Its the most important thing for the most people around bitcoin, its value, no one can only say they are interested into the technology just, because if you bought lower then 1000 dollars, or at 250 dollars or above you are able to roi and make a decent profit already. When i go shopping and i do see two similiar products i will choose the best one for me, but usually those means the cheaper, and i believe as me the most people do the same with food as well others things.
Bitcoin value is the reason why we use btc anyway ,its value is the primary asset of btc thats why many were interested in usinh it.Btc offers a lot of features and it helps in making bitcoin transactions convenient like banks. If the value was the only reason we were using Bitcoin, it would basically be a Ponzi scheme. Gold has inherent value because of its physical existence and sentimental value - Bitcoin does not, and therefore its value is based on its utility or it's meaningless for it to exist. Then what is the sense of using of bitcoin if it has no value at all? Gold was far different to a crytocurrency. Din't compare the worth of the two. I'm actually agree to the one you quote because he has point. We are not here mining/working for btc for just collecting it. Let's be honest that we are interested on BTC because of it's current high price/value. I said if the value was the only reason. It can be an investment, but what you're investing in should be a cryptocurrency, not just a digital store of value which can't be spent. |
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Wa(t)ch_night()
Sr. Member
 Offline
Activity: 336
Merit: 250
Play2Live presale starts on 25th January
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April 16, 2017, 03:39:21 PM |
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Bitcoin price always matter for all of the people here, we can't lie to our self that the price of bitcoin doesn't matter to us because that is bullshit. If you are a person who needs money or who want to generate income from an asset then the price is always matter for you just like in bitcoin.
Yes, I completely agree with you. For all members of the bitcoin community, the price is of great importance. This is mainly due to the fact that many bitcoins are considered as an investment object |
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Fatanut
Legendary
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Activity: 1008
Merit: 1059
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April 16, 2017, 03:51:30 PM |
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Bitcoin price always matter for all of the people here, we can't lie to our self that the price of bitcoin doesn't matter to us because that is bullshit. If you are a person who needs money or who want to generate income from an asset then the price is always matter for you just like in bitcoin.
But if you get paid in that asset, then the price shouldn't matter since the rate will be based in fiat. For example in this place, the signature campaigns change their payrate depending on how much is the price of bitcoin. Thus, you don't have to worry about price fluctuations since if you're earning 20$ per day in bitcoin form when the price was much higher, when the price goes lower, the payment rate will adjust and you'll get 20$ per in bitcoin form as well. The price shouldn't matter to those people that convert their bitcoins right after receiving it but it's totally an unwise move for me since it removes your chance of selling your coins for a much higher price. |
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BunnyShibe
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April 16, 2017, 09:02:33 PM |
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For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up
yes there is no doubt about this, that the price of bitcoin carry too much importance, i think all the users and investors are revolving around the price of bitcoin. people are taking more interest in bitcoin if its price is increasing more and more. |
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tabas
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April 16, 2017, 10:41:05 PM |
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For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up
yes there is no doubt about this, that the price of bitcoin really play important role for everyone, as we are investing our money here in bitcoin because we are expecting that the price of bitcoin will increase and will give us good profit. therefore we are going to hold bitcoin and put our money in risk. Most of us are here because of the price of bitcoin because it is very promising with the type of movement that is giving us. And it already affects our lives whenever the price of bitcoin is moving up or down. That's why the price does really matter and it's a very important thing right now since the price is already at $1k+. Yeah dude, and i think the price of bitcoin will keep growing up again for some years later, as we knew that about one years ago the price of bitcoin around 450 - 600 dollars but for nowadays the price touch 1000 dollars more. The price of bitcoin will always give user benefit even profit. It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year. |
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cryp24x
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April 16, 2017, 10:46:58 PM |
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It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.
Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature. I agree that Bitcoin is destined to go up in price due to this things. Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000. |
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Casabrandy
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April 16, 2017, 10:54:36 PM |
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It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.
Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature. I agree that Bitcoin is destined to go up in price due to this things. Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000. Soon we might not even noticed that this value is already reached. Bitcoin value determines how it is being adapt by many , its increasing value shows that gathers number of users that are doing transactions related in bitcoin. I never expect its value now to go this high since I started using bitcoin its value was just half of its value now. |
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tabas
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April 16, 2017, 11:03:04 PM |
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It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.
Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature. I agree that Bitcoin is destined to go up in price due to this things. Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000. And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped. |
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Sled
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April 17, 2017, 04:24:04 AM |
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It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.
Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature. I agree that Bitcoin is destined to go up in price due to this things. Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000. And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped. Of course it will be fixed soon because the team behind bitcoin will not allow that the problems will still exist while the adoption are keep coming because it will be a mess for bitcoin to be adopted with same problem. We just need to wait at least a year for bitcoin to be fixed and soon the confirmation time and other transactions will be faster and the fees will become cheaper again. |
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daxiake
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April 17, 2017, 03:28:05 PM |
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People generally tend to buy or sell their coins looking at its price as they will only sell when price is higher and will buy if price goes down so price really matters in bitcoin and in fact it is the most important factor that attracts people towards bitcoins.
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puremage111
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April 17, 2017, 03:29:58 PM |
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yeap it affect alot
even the mandatory function of itself is the fee
If it hit $10,000 per bitcoin, the fee will be huge
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abstractednerve
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April 17, 2017, 04:57:53 PM |
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yeap it affect alot
even the mandatory function of itself is the fee
If it hit $10,000 per bitcoin, the fee will be huge
If the price goes that high then I don't think that people would be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins. |
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ApplePanPine
Newbie
Offline
Activity: 34
Merit: 0
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April 17, 2017, 05:24:31 PM |
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yeap it affect alot
even the mandatory function of itself is the fee
If it hit $10,000 per bitcoin, the fee will be huge
If the price goes that high then I don't think that people would be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins. Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain |
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Harlot
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April 17, 2017, 05:31:23 PM |
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yeap it affect alot
even the mandatory function of itself is the fee
If it hit $10,000 per bitcoin, the fee will be huge
If the price goes that high then I don't think that people would be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins. Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain I don't get what you are pointing out ApplePanPine because the last time I checked the number of stores / online stores that accept Bitcoin is still limited even though Bitcoin is priced at 1200$ per Bitcoin. The point im getting at is that even though the price goes high up it does not mean that it will be instantly accepted anywhere. To prove it, the fact that Bitcoin is more expensive than any fiat currency out there but I am not seeing yet any physical store that is willing to accept it. And also they are right of converting their Bitcoin to Fiat because as of the moment Fiat currency is widely more accepted than Bitcoin. |
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grobura
Newbie
Offline
Activity: 46
Merit: 0
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April 17, 2017, 08:21:35 PM |
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yeap it affect alot
even the mandatory function of itself is the fee
If it hit $10,000 per bitcoin, the fee will be huge
If the price goes that high then I don't think that people would be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins. Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain I don't get what you are pointing out ApplePanPine because the last time I checked the number of stores / online stores that accept Bitcoin is still limited even though Bitcoin is priced at 1200$ per Bitcoin. The point im getting at is that even though the price goes high up it does not mean that it will be instantly accepted anywhere. To prove it, the fact that Bitcoin is more expensive than any fiat currency out there but I am not seeing yet any physical store that is willing to accept it. And also they are right of converting their Bitcoin to Fiat because as of the moment Fiat currency is widely more accepted than Bitcoin. Agree with you. In my country, it is almost impossible to use bitcoin. There are no stores that take bitcoin. It is very uncomfortable. But I hope that bitcoin will become more popular and develop infrastructure |
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tabas
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April 17, 2017, 10:15:30 PM |
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It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.
Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature. I agree that Bitcoin is destined to go up in price due to this things. Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000. And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped. Of course it will be fixed soon because the team behind bitcoin will not allow that the problems will still exist while the adoption are keep coming because it will be a mess for bitcoin to be adopted with same problem. We just need to wait at least a year for bitcoin to be fixed and soon the confirmation time and other transactions will be faster and the fees will become cheaper again. Yes, I believe in them because they want to make this currency as good as we are expecting so that there's no more complain about it in the near future. And each day, there are movement about it's problems and it is being solved a little by little. So for all of you guys that holds a lot, just keep on holding as the price will increase soon. |
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Salazarian
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April 17, 2017, 11:59:35 PM |
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of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.
yes that is right to say currently people are mostly depending on bitcoin for trading and investment therefore for them the price of bitcoin keep too much importance. i think the price of bitcoin is also too much important for those people who are using bitcoin for shopping. |
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