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Author Topic: Does the Price of Bitcoin Matter?  (Read 302856 times)
Bitcoinjheta
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November 07, 2017, 10:35:06 AM
 #3561

maybe for some people bitcoin price does not matter if the price is more expensive, but for me that is the problem, therefore at this time I prefer altcoin than bitcoin.


I think in any business transaction, price will always matter. It is your basis of decision making and it will affect your goal in life. With bitcoins current exchange value,many are looking up to it and are interested to earn from it and because of this many people got the chance to earn due to the marketing strategy that it has establised.

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Jessy Mediola
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November 07, 2017, 10:37:25 AM
 #3562

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.

It really matters for everyone especially to those people who uses bitcoins and making money on it. By trading or by saving and investing. Because if bitcoin prices falls down. Maybe the popularity of it falls down too. Its famous as of now because of the value which is very high and reaches $7100. Its very high as of now hope it will continue to rise up.

Dastramus18
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November 07, 2017, 10:41:09 AM
 #3563

Yes it does matter why would be people want it so badly if it was 1 dollar? the price of everything matters famous paintings are millions of dollars and bitcoin is just 7.5k and it is much better than all those paintings.
Thaliron
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November 07, 2017, 10:52:36 AM
 #3564

It matters a lot because if is high people sell their coins and if bitcoin falls down very hard in his price people want it very much. If the bitcoin falls to zero the popularity would also be gone.

People want to earn money with it if bitcoin goes to 0 dollars nobody would buy it because the price is gone.
ZedMain
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November 07, 2017, 10:57:59 AM
 #3565

Yes it does matter because people will not invest in something that is worth nothing so they do need a big price otherwise it will not be good enough to make profit out of it it does not need a very high price but even a couple of hundred dollars are good.
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November 07, 2017, 11:16:51 AM
 #3566

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
It matters a lot i think. Bitcoin is profitable to most of its users and inv3stors because of its market value and that's what made them interested in Bitcoin. If the value of Bitcoin will continuously decrease and be low, it will be like other cryptocurrency and won't make it as this popular.

Dapallo
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November 07, 2017, 04:23:46 PM
 #3567

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
It matters a lot i think. Bitcoin is profitable to most of its users and inv3stors because of its market value and that's what made them interested in Bitcoin. If the value of Bitcoin will continuously decrease and be low, it will be like other cryptocurrency and won't make it as this popular.

Its matter a lot. If bitcoin fell to 1 dollar everyone would buy millions of bitcoin, because they now know that bitcoin is unstable and gets a lot of support. So it would be easy to recover from the dropping. So in short yes it matters the price is what makes bitcoin very powerful for people. It also motives people to do something.

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sparrowsandcrosses
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November 07, 2017, 10:44:38 PM
 #3568

The cost is very important to many of us. If it doesnt matter than no one uses Bitcoin which will be not good.The cost of Bitcoin is steady now so that is good. And also the many people think that the worth will be greater in the future.
Nana21
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November 07, 2017, 10:54:16 PM
 #3569

Even big bitcoin fans sometimes want to exchange some BTC to USD and at that time the price they bought at and the current price would matter and would determine if they made it into profit or still haven't got the needed fiat value to come at profit.
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November 08, 2017, 11:48:34 AM
 #3570

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
It matters a lot if I would be asked. Its market value is continuously increasing as of this moment. It now reached 7500$ and is approaching to break the 8000-dollar barrier. The importance of its market value is that, the profit of the users especially the investors are dependent on its price. If the price is getting more expensive, surely, the profit tgat they will earn will also be big.
Yes of course bitcoin price matter because thousands of people are working here and they all are doing trade and investment here if the price go down and remain down so all the users will be suffer from bitcoin so I think every single user of bitcoin want to see bitcoin price high and they all are doing very hard work for it so price matter.
The Alchemlst
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November 08, 2017, 11:53:36 AM
 #3571

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.

True the price of bitcoins matters in the market because its value dictates the amount of people and investors that would actually go with bitcoins.  Bitcoin would increase in price whenever the demand exceeds the supply and this is because more people wants to have bitcoins due to its very high price. The prices of bitcoin also matter when to buy or sell bitcoins.

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November 08, 2017, 12:15:25 PM
 #3572

Yes the price of bitcoin matters. One reason is because of the high price of bitcoin, more and more people are being interested to invest in bitcoin because they believe they will get profit with investing. When more people are being interested in investing in bitcoin, the demand will be higher than the supply and then the price will increase that's why the price of bitcoin matters all the time.

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November 08, 2017, 12:25:30 PM
 #3573

Yes the price of bitcoin matters. One reason is because of the high price of bitcoin, more and more people are being interested to invest in bitcoin because they believe they will get profit with investing. When more people are being interested in investing in bitcoin, the demand will be higher than the supply and then the price will increase that's why the price of bitcoin matters all the time.
yes off course the price of bitcoin depend. why bitcoin is very famous it is all due to the price of bitcoin. when the price of bitcoin is going increasing then more people will taking interest in bitcoin because everyone want to earn money and bitcoin is a money. so if the rate is high then people will approach more to bitcoin as compare to other currency.

Spontebob
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November 08, 2017, 01:27:56 PM
 #3574

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
It obviously matters a lot. We all know that it is one of the main reason why most of the people are entering bitcoin, for the hope of making it to the top by earning large amount of money which is caused by the high price of it. The price of bitcoin is volatile and it is where we depend on either selling or buying which means it matters so much. It is also the one that brought bitcoin to the spotlight wherein as the value increased over time, the more popular it become.

Ajinomoto40
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November 08, 2017, 01:31:14 PM
 #3575

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 more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
For me yes, the price matters. It is where we look up to when we first entered bitcoin. It is also the one that attracted more and more investors as time passes by. We also tend to depend on the price if bitcoin is in a good shape or not. We invested here because we know that the value is rising and we know that it will help us earn larger amount of money. In the future, all of us are hoping that the price will increase and all of these proves who the price of bitcoin matters.

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November 08, 2017, 08:16:50 PM
 #3576

The price of Bitcoin always matters, especially for those people who deal with this cryptocurrency constantly, buy and sell it, invest into projects using Bitcoiuns, etc. It matters always much for those who have many Bitcoins on their wallets.

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November 08, 2017, 08:22:20 PM
 #3577

The price of Bitcoin always matters, especially for those people who deal with this cryptocurrency constantly, buy and sell it, invest into projects using Bitcoiuns, etc. It matters always much for those who have many Bitcoins on their wallets.
When a Bitcoin user keeps coins for the long term, he is not very much worried about how the price fluctuates from point A to point B. He is only interested in the End result. And those people who today almost every hour earn Bitcoin in order to spend it later, then a very weighty argument is played by the price.

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November 08, 2017, 08:27:24 PM
 #3578

Higher and better price means better purchasing power, better and wide adoption and influx of miners for profitable mining
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November 08, 2017, 08:57:55 PM
 #3579

There is a lot of people entering the cryptocurrency trading simply to get more fiat. For them price is surely important since it's the path to more fiat.
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November 09, 2017, 11:51:19 AM
 #3580

The price of Bitcoin is really important. Hopefully more and more people will mar it later on with some revenue and that's essential.But you never know what's going to occur using the value and that's bad. We all wish obviously the price will [Suspicious link removed]e
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