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Author Topic: Does the Price of Bitcoin Matter?  (Read 302863 times)
TribalBob
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April 23, 2017, 04:13:54 PM
 #3141

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

                                                                               
                
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April 23, 2017, 05:05:31 PM
 #3142

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

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April 23, 2017, 05:51:26 PM
 #3143

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.

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April 23, 2017, 06:07:12 PM
 #3144

I think people are waiting for a high price to happen, maybe the price will be important when it's starting to go up, or down very quickly. Well, a lot of people are paying attention to the price at that time, because maybe it will determine the profit and loss of a bitcoin holder.

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April 23, 2017, 06:25:30 PM
 #3145

The price matter because it what determine the value, how will you value a thing when you don't know the price. The price of bitcoin is currently $1238 that is the reason why volume of buyers is greater than seller that is what determined it pricing.

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atronite
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April 24, 2017, 12:57:46 PM
 #3146

I think people are waiting for a high price to happen, maybe the price will be important when it's starting to go up, or down very quickly. Well, a lot of people are paying attention to the price at that time, because maybe it will determine the profit and loss of a bitcoin holder.

Yeah either you make profits or loss will depend on what price you buy or sell your bitcoins and all the users of bitcoins keeps active watch on the price movements of bitcoins so they can decide whether to buy or sell their coins so price really matters in bitcoins.

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April 24, 2017, 01:04:03 PM
 #3147

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.
Thats right, and this is the most important thing about the cryptocurrencies, they have became more known because of the price and volume increase, but if it would not happen, then probably nobody would use bitcoin, exactly as you said.

Many people are being attracted to bitcoin thanks to that it provides hundreds, if not thousands of opportunities for a normal person who is not really wealthy, but who can afford to make up some investments. The point is, that with normal scenario, without the usage of cryptocurrencies, such a person could have only invest in some legit programmes that may give 3-5% return daily, if we are talking about the passive income.














 

 

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Fatanut
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April 24, 2017, 01:26:50 PM
 #3148

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.
Thats right, and this is the most important thing about the cryptocurrencies, they have became more known because of the price and volume increase, but if it would not happen, then probably nobody would use bitcoin, exactly as you said.

Many people are being attracted to bitcoin thanks to that it provides hundreds, if not thousands of opportunities for a normal person who is not really wealthy, but who can afford to make up some investments. The point is, that with normal scenario, without the usage of cryptocurrencies, such a person could have only invest in some legit programmes that may give 3-5% return daily, if we are talking about the passive income.


Either you meant 3-5% return after a couple of years or you're talking about a ponzi that's based on fiat. The only "legit investment program" that we can all rely on is the bank's time deposit system which gives you 0.5% to 1.125% profit annually. Think about how low that is.

3-5% return daily will give you an ROI in 20 days (5% rate) to 30 days (3% rate). That sounds nothing but a ponzi site to me. It doesn't have any difference at all with the ponzi sites that use bitcoin as payment.

Still, the price increase in bitcoin is still much much better for investment. You can pull out your money right away and you'll maybe lose a couple of bucks.
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April 24, 2017, 01:33:32 PM
 #3149

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.

Does it really matter though (the number of people that's interested in bitcoins)? There can be just a couple of people trading bitcoins and the price can go up. Just a couple of whales and the price can sky rocket. The bunch of guys that has made the price of bitcoin go up in the start are just enthusiasts that did their research and thought that "Hey, maybe this might actually change my life. Might as well invest a couple of bucks." Then more and more people thought the same thing until the market gets established and price manipulators and whales came in. Now, there's a spectrum of people using bitcoins.

Simply put, everything starts with just a small amount of audience and then the whole thing just grows exponentially.

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pinggoki
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April 24, 2017, 01:55:21 PM
 #3150

Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.

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April 24, 2017, 02:51:45 PM
 #3151

I think it should matter a lot. That is what we looking for in bitcoin, more prices and dreaming for bitcoins to reach the moon. Of course if nothing like this happens then how we gonna make the profits? There must be liquidity in each and every currency to keep the trading platforms running and bitcoin is getting at the top in it. Now a days bitcoins price is the top most priority and we must see a rise in its price in coming future. So yeah it matters a lot. Smiley

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April 24, 2017, 02:59:21 PM
 #3152

Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.

Yes price factor can never be ignore in bitcoins as that is the deciding factor in making profits or loss and if bitcoin would not be holding such great price then I doubt that many would be interested in investing their money into it.

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April 24, 2017, 04:12:48 PM
 #3153

Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.
yes currentle people are using bitcoin for investment purposes, therefor  i think every one is expecting the price of bitcoin to increase, i think it the price of bitcoin will remain as stable then the investors will find other means of profitable investments. therefore i think the price of bitcoin keeping too much importance.

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April 24, 2017, 04:46:06 PM
 #3154

Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.

Yes price factor can never be ignore in bitcoins as that is the deciding factor in making profits or loss and if bitcoin would not be holding such great price then I doubt that many would be interested in investing their money into it.
The higher the prices, the more people will be attracted to this new technology. More investors will buy Bitcoin and it will make Bitcoin price will be higher and higher. Well, if Bitcoin reaches $5000, banks will likely to accept this crypto

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April 24, 2017, 05:00:06 PM
 #3155

I think the price matters if you are holding for long term because you want to make a good profit just for an investment.
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April 24, 2017, 05:02:13 PM
 #3156

Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.

Yes price factor can never be ignore in bitcoins as that is the deciding factor in making profits or loss and if bitcoin would not be holding such great price then I doubt that many would be interested in investing their money into it.
The higher the prices, the more people will be attracted to this new technology. More investors will buy Bitcoin and it will make Bitcoin price will be higher and higher. Well, if Bitcoin reaches $5000, banks will likely to accept this crypto

Its hard to believe that banks will start accepting cryptos as they are the toughest competitors for them so I don't think that banks will ever shake hands with digital currency and price will surely go higher in coming years when adoption will go higher.
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April 24, 2017, 05:15:25 PM
 #3157

I think the price matters if you are holding for long term because you want to make a good profit just for an investment.
maybe for a long term holder price will matter. but not for me. I am a day trader and I alwys spend my bitcoins for my daily need. so price of bitcoin doesn't matter for me at all. and I also think price of bitcoin doesn't matter for bitcoin itself too.


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April 24, 2017, 08:49:23 PM
 #3158

I think the price matters if you are holding for long term because you want to make a good profit just for an investment.
maybe for a long term holder price will matter. but not for me. I am a day trader and I alwys spend my bitcoins for my daily need. so price of bitcoin doesn't matter for me at all. and I also think price of bitcoin doesn't matter for bitcoin itself too.

Even if you are a day trader you will sell your coins only when you see higher price and you will never prefer to sell them when price is relatively low so even if its a long term holder or a day trader price matters for all.

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April 24, 2017, 09:13:18 PM
 #3159

I think the price matters if you are holding for long term because you want to make a good profit just for an investment.
maybe for a long term holder price will matter. but not for me. I am a day trader and I alwys spend my bitcoins for my daily need. so price of bitcoin doesn't matter for me at all. and I also think price of bitcoin doesn't matter for bitcoin itself too.

Even if you are a day trader you will sell your coins only when you see higher price and you will never prefer to sell them when price is relatively low so even if its a long term holder or a day trader price matters for all.
there some action called a cutloss right?
you have to sell on very cheap price to avoid deeper loss ,
for a trader high price not really necessary ,
the only important for them is to have high volatile and take benefit from it .

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April 25, 2017, 01:48:46 AM
 #3160

I think the price matters if you are holding for long term because you want to make a good profit just for an investment.
maybe for a long term holder price will matter. but not for me. I am a day trader and I alwys spend my bitcoins for my daily need. so price of bitcoin doesn't matter for me at all. and I also think price of bitcoin doesn't matter for bitcoin itself too.

Even if you are a day trader you will sell your coins only when you see higher price and you will never prefer to sell them when price is relatively low so even if its a long term holder or a day trader price matters for all.
there some action called a cutloss right?
you have to sell on very cheap price to avoid deeper loss ,
for a trader high price not really necessary ,
the only important for them is to have high volatile and take benefit from it .
Well, we have different strategy but we have one goal which is to make profit, if you are a day trader that is presume
that you are knowledgeable enough because you have to be fully aware the asset movement so you can buy low and sell high all the time.

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