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Author Topic: Does the Price of Bitcoin Matter?  (Read 303121 times)
mharz
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June 11, 2017, 01:44:02 PM
 #3241

Yes of course the value or price of bitcoin had a matter. Because if the bitcoin have no matters, no one can accepted it because they cannot used it to have an income. Maybe they can only used it as exchange of online shop.
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June 11, 2017, 02:05:11 PM
 #3242

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
Yes, bitcoin price is very important because it is one of the reason why many users still remain using it. Its movement has a effect on everyone especially when it fall. Some people can consider that a low price is useless because it can help them to provide that they need.

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itsallpc
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June 11, 2017, 02:56:34 PM
 #3243

Yes the price of bitcoin matters.Bitcoin has got attention all over the world today only due to its high increase in price.If bitcoin price increases more,more people would show interest in buying bitcoin.On the other hand,if bitcoin price falls continuously,then more investors would sell their bitcoins and switch to other altcoins.
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June 11, 2017, 03:09:10 PM
 #3244

What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.

But the trend you are pointing is made possible by the price of bitcoin. I get your point that the development of bitcoin depends on the support of the community which is equal to what you called the trend. It is much more dependent to each other i guess because the sudden move in the market stock make changes on the development of the price of bitcoin in order for a wider development for its transaction and security. So for me it matter as well as the support of the bitcoin matters in its development.
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June 11, 2017, 03:45:34 PM
 #3245

Price will always matter , even if its trending atm if people can't buy because of high price then they'll not be able to contribute in Bitcoin community. another example that price do matter is when Bitcoin is like the price of dogecoin always stable investor will not invest in it because they are not seeing any potential.

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June 11, 2017, 03:50:41 PM
 #3246

The price of Bitcoin matters as Bitcoin is considered as one of the biggest investment and you cannot think of investment without price and profit potential. It matters to those who are holding coins for profit and to those who are buying new coins.

i agree with you because with the price is too expensive, we can not buy a whole bitcoin and we can only buy part by part of bitcoin and if we have big budget, then we can buy 1 bitcoin. the price is matter because if the price is down, then we can buy with cheap and if the price is up, we can prepare to sell it so we can get profit.

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June 11, 2017, 03:54:40 PM
 #3247

Previously, I was very worried when the cot bitcoin fell down. I have a few coins and it hurt me to understand that my capital is declining. But now I'm sure in bitcoin. And I'm not afraid of falling. I just buy coins at a time when the price has gone down. The price matters to the investor

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AjithBtc
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June 11, 2017, 03:57:07 PM
 #3248

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
Yes, bitcoin price is very important because it is one of the reason why many users still remain using it. Its movement has a effect on everyone especially when it fall. Some people can consider that a low price is useless because it can help them to provide that they need.
As said price is very important for all the mentioned reasons. If the price is quite low we could have seen a low market capital as well a decreased usage of bitcoin. If you look at the altcoins too, ETH is gaining more popularity. This too is because of the increased pricing, so always price matters.

   
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June 11, 2017, 04:51:42 PM
 #3249

What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.

I agree with you. If the price of bitcoin would go down again many investors might withdraw from their deals and the interest for bitcoin might get less. There are people who are just interested with bitcoin because of its current price now in the market. I have experienced telling some of my friends about crypto when its price was just about 50K. There is this doubtful expression on their faces at that time. But the sudden rise of bitcoin’s price from 70K to 130K got their attention and now they are asking about it now.

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June 12, 2017, 02:06:12 AM
 #3250

Yes ofcourse price is all that matter,every thing that has a high price or have a recent price hike became famous an well known,its bitcoins price who is making bitcoins strong and well known on the market nothing more



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June 12, 2017, 06:13:46 AM
 #3251

This is a good thing, very profitable, there is no problem when the price surged bitcoin and we benefit, so why think the price bitcoin is matter? It is because we waited too long and just other people got profit then hope the price will go down.

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radamiel
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June 12, 2017, 07:20:24 AM
 #3252

If you see bitcoin as a currency and use for buying and selling goods, it a matter because the price is not stable. But if you see bitcoin as an investment, then the unstable price can be a huge advantage and can make you rich
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June 12, 2017, 09:57:51 AM
 #3253

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

Of course, the price of bitcoin matters.  Most people decided to invest in bitcoin because they expect that the price of bitcoin will continually rise then their investment will gain not to put in vain.  Those people that is being paid through bitcoins in exchange of their online jobs are also concerned with the bitcoin price because online jobs is their source of income. The price of bitcoin really matter so I am looking forward for its continue success and sooner its legalization.
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June 12, 2017, 10:15:49 AM
 #3254

The price of Bitcoin matters as Bitcoin is considered as one of the biggest investment and you cannot think of investment without price and profit potential. It matters to those who are holding coins for profit and to those who are buying new coins.
Yes the price of bitcoin matters now, yes we cant deny the fact that one of the reasom why we wants bitcoin because of its price, many people wants it and they are looking for bitcoin price too. Bitcoin price matters most.

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June 12, 2017, 10:21:08 AM
 #3255

The price of Bitcoin matters as Bitcoin is considered as one of the biggest investment and you cannot think of investment without price and profit potential. It matters to those who are holding coins for profit and to those who are buying new coins.
Yes the price of bitcoin matters now, yes we cant deny the fact that one of the reasom why we wants bitcoin because of its price, many people wants it and they are looking for bitcoin price too. Bitcoin price matters most.

Exactly its a minority of people who hold bitcoin for nothing more than the fun of it. For most people its an investment and those investors only reinforce the community by creating new demand for the coin.
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June 12, 2017, 10:26:27 AM
 #3256

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 its very important because this is the basis of some people if they are going to sell or buy it to get more profit. Last month the price of bitcoin is stable but right now its not.

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Freezingel
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June 12, 2017, 10:38:28 AM
 #3257

Of course it matters. In fact bitcoin high and fluctuating price is what makes me interested in the first place. If the price is low or stable, i would have chosen gold as investment instead.

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stompix
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June 12, 2017, 11:27:22 AM
 #3258

What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.

I agree with you. If the price of bitcoin would go down again many investors might withdraw from their deals and the interest for bitcoin might get less. There are people who are just interested with bitcoin because of its current price now in the market. I have experienced telling some of my friends about crypto when its price was just about 50K. There is this doubtful expression on their faces at that time. But the sudden rise of bitcoin’s price from 70K to 130K got their attention and now they are asking about it now.

Please mention the currency you're talking about cause I'm pretty damn sure bitcoin hasn't reached 50k usd or euros .

As for "investors" they can withdraw and go to hell from my point of view.
Let bitcoin be and do what it was supposed to be and solve the problems it meant to.

crazycatwoman03
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June 12, 2017, 11:38:03 AM
 #3259

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

Of course, the price of bitcoin matters.  Most people decided to invest in bitcoin because they expect that the price of bitcoin will continually rise then their investment will gain not to put in vain.  Those people that is being paid through bitcoins in exchange of their online jobs are also concerned with the bitcoin price because online jobs is their source of income. The price of bitcoin really matter so I am looking forward for its continue success and sooner its legalization.
I'm agree with you, thus, not only for investing but especially in other transaction. If you use bitcoin for paying online it is non-sense because we can use the other currency that are most demand. Infact, they wait to increase the price (equal value to dollar/local currency) to less bitcoin will use.

Additionally, I'm sure the trading will face out in bitcoin. As a business, trading is most easily way to get an income through bitcoin. And this will the reason why bitcoin need to buy and sell, it's all about profit.

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AleSergio
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June 12, 2017, 11:43:49 AM
 #3260

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 its very important because this is the basis of some people if they are going to sell or buy it to get more profit. Last month the price of bitcoin is stable but right now its not.
I agree with you, but still bitcoin was always not stable, it depends on how people react on different things. If all sharks will start withdrawing their money, than bitcoin will simply drop. But we are on a good side, where people are just trying to make as much profit as possible Smiley

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