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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
Astvile
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April 18, 2017, 12:20:57 AM
 #3081

Yes ofcourse.Its bitcoins price who is holding the most popularity bitcoin has.Bitcoin would not be this popular if its pricing was a shit,bitcoins popularity is due to its price and how it rise up.So for me bitcoins price really do matter in any aspects bitcoins has

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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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April 18, 2017, 12:45:12 AM
 #3082

Bitcoin value is always matter, we are here to get profit, and we invest because we want to earn income and our basis on that is the current value.
and also in value we can say if we get income or we get lost.

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deppil
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April 18, 2017, 12:57:33 AM
 #3083

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.
all users will see the price before they joined in bitcoin as well as selling and buying. the price will be very important here. That's why the price becomes the most important unit in bitcoin
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April 18, 2017, 03:03:16 AM
 #3084

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.
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April 18, 2017, 06:16:21 AM
 #3085

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.
I don't think it is because of the price alone, it is due to a good system of bitcoin and people are seeing its usefulness.
Price can be manipulated and we can have that price anytime we want but we do not want it temporary right?
A price that is stable is good for us as that is a complete representation that progress are going on.

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April 18, 2017, 06:27:24 AM
 #3086

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.
I don't think it is because of the price alone, it is due to a good system of bitcoin and people are seeing its usefulness.
Price can be manipulated and we can have that price anytime we want but we do not want it temporary right?
A price that is stable is good for us as that is a complete representation that progress are going on.
Good system is not enough for people to be attracted in bitcoin, so i think he is right that it is all about the price because any expensive price of a thing catches anybody's attention and because of that bitcoin gain more popularity because people are now interested in bitcoin and because of their interest, bitcoin is gaining a lot of users and now the price is keep going up because of the demand that has been made by its popularity.
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April 18, 2017, 06:41:31 AM
 #3087

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.
you are right. bitcoin growth is happening today makes the price of bitcoin it becomes very important, even before this. people tend to pay attention to the price. Well, the current price of bitcoin really high, so, I think the current price of bitcoin important point for profit.
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April 18, 2017, 07:39:40 AM
 #3088

People who are totally involved in bitcoins are very keen to know the price of bitcoin on daily basis as they want to make profits out of it. Even the traders have a close watch on the value of bitcoins and as a ordinary users like us we are all very much interested to know the value so that we can sell a part of bitcoins at right time and earn some profits.
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April 18, 2017, 07:41:30 AM
 #3089

I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet
yrreg ger
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April 18, 2017, 03:44:20 PM
 #3090

People who are totally involved in bitcoins are very keen to know the price of bitcoin on daily basis as they want to make profits out of it. Even the traders have a close watch on the value of bitcoins and as a ordinary users like us we are all very much interested to know the value so that we can sell a part of bitcoins at right time and earn some profits.


You are right about that. Traders or not, we who have interest in bitcoin will also have interest in its price. I think, almost all of the members here joined this forum because they have learned that bitcoin is profitable. The price of bitcoin is very important to us since the profit we are going to earn is based on its price and to be updated with the current news and trends about bitcoin and its price will be help to buy or sell the bitcoin for the right time with large earnings hopefully.


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April 18, 2017, 03:58:41 PM
 #3091

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
At that price tag people won't feel that the transaction fee is quite high. Everyone needs to understand that depending on the price growth the transaction fee to varies. Importantly the price is one among the major factor that easily attract the users.

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April 18, 2017, 04:02:20 PM
 #3092

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
At that price tag people won't feel that the transaction fee is quite high. Everyone needs to understand that depending on the price growth the transaction fee to varies. Importantly the price is one among the major factor that easily attract the users.
Whatever price we see, that is the complete representation of how people supported bitcoin, if the price is good that means there is a good
support as they are creating demand. The market is still not that stable that is why we see price volatility but we have to live with it.

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April 19, 2017, 01:39:17 AM
 #3093

I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet

This is what I've been when I wake up after praying thanking God. I use to check the price of bitcoin and that really matters to me. Because we are all here because of it. And if ever the price is becoming at low rate, I'm sure that many of us becoming upset. But when the price is getting up again, that is giving us joy.



 

 

 

 

 

 


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April 19, 2017, 01:55:02 AM
 #3094

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

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Gumpfire
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April 19, 2017, 02:54:58 AM
 #3095

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.
it does matter specially for people who have a lot of money in bitcoin since a small movement in market could affect largely in their balance.
Sled
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April 19, 2017, 04:34:32 AM
 #3096

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.
Yes that is what of the main reason of the new bitcoin users or even the old bitcoin users and investors. Price always matter not only in bitcoin but also in other types of currency whether it is virtual or physical, and also price matter in all of items in our world because if it doesn't have price then it is worthless and no one will have an attention to that.
freedomgo
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April 19, 2017, 05:06:50 AM
 #3097

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.
Yes that is what of the main reason of the new bitcoin users or even the old bitcoin users and investors. Price always matter not only in bitcoin but also in other types of currency whether it is virtual or physical, and also price matter in all of items in our world because if it doesn't have price then it is worthless and no one will have an attention to that.
I believe traders are making good money with the volatility of the crypto currencies, price really matters to them and they want to maintain that volatility so they can always make money. I've seen people who are making millions in crypto, that means we are a big industry and getting bigger.

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Fatanut
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April 19, 2017, 02:25:36 PM
 #3098

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.

I don't think so. There are bags out there that are made of animal's skin and some of them are just 10 pieces all over the world. I didn't know that such thing exists, being auctioned off, and costs millions of dollars until our teacher mentioned it in our economics class. We were talking about supply and demand back then. Maybe it was because I wasn't really interested about bags.

It's the same thing to other people. They aren't interested in online money or anything techhy so probably even when the price of bitcoin has increased this much, they still never heard of it. Maybe by the time when the price of bitcoin has sky rocket and then bitcoin goes mainstream, then that's the only time other people will find out about it.

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BitcoinPC
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April 19, 2017, 02:48:51 PM
 #3099

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.
it does matter specially for people who have a lot of money in bitcoin since a small movement in market could affect largely in their balance.

Exactly, thats why it matter most, single movement of bitcoin value some were shaken, maybe its small but it matters. Most of us awaits for that to see how the value rises up and falls down. So it really matters. Most people see the bitcoin current price daily as they are interested to see how price is moving up or down.
Wintersoldier
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April 19, 2017, 03:09:28 PM
 #3100

There have been endless discussions on this, the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.
Yes actually you have a point. The topic of the big deal on price of bitcoin is can discuss on the people who are affected on this topic. And the people who actually need to know the price/value of bitcoin is the one who do transaction and small time business in relate to bitcoin. Because through price they can know the possible earning and loss. Also the trader need to monitor the price of bitcoin especially on decision making where you will choose to sell or hold bitcoin to earn.
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