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Author Topic: Does the Price of Bitcoin Matter?  (Read 294628 times)
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November 10, 2017, 07:26:49 AM
 #3601

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.
Yes bitcoin price matter because when bitcoin price drop of then it’s not good and even if bitcoin price become stable on one place it’s also not good and I think bitcoin can lose its value so it’s very important for bitcoin to keep its price high in market which can save its value so I think bitcoin price is very important for everyone.
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November 10, 2017, 07:34:21 AM
 #3602

For me the price of bitcoin does'nt really matter. As long as i am earning enough for my family its ok with me.

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November 10, 2017, 07:37:38 AM
 #3603

Like it depends of your needs. If you want to buy bitcoin of course it matters. But in general i dont think so.
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November 10, 2017, 07:39:27 AM
 #3604

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

Yes of course it matters because the reason why a lot of people are getting into bitcoin is it's sudden price surge. Rich influential people will just ignore bitcoin if it is not profitable. The rrason why bitcoin is profitable is it's price volatility.

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November 10, 2017, 07:57:00 AM
 #3605

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

Of course it does. Especially, when trading bitcoins. We always have to monitor the price of bitcoin. There are times that it's price is a little bit low than usual, that's the time to buy and the time to see is when it's price is so high.

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November 10, 2017, 08:06:37 AM
 #3606

I think the higher the bitcoin price, the greater the attention, and the need for bitcoin. well, that's something reasonable. sometimes people see the price of bitcoin, which is why bitcoin is so important as an investment tool of late. moreover the price is always up.



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November 10, 2017, 08:25:03 AM
 #3607

I think the higher the bitcoin price, the greater the attention, and the need for bitcoin. well, that's something reasonable. sometimes people see the price of bitcoin, which is why bitcoin is so important as an investment tool of late. moreover the price is always up.
Price of bitcoin does matter and if you are a miner or generally a seller it will motivate you to supply more bitcoins to the market,hence the entry of new miner or old miners gaining better rigs does affect the market. As the demand rises and if the supply increases as well prices tend to remain stable.

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November 10, 2017, 08:57:44 AM
 #3608

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.
Yes bitcoin price matter because when bitcoin price drop of then it’s not good and even if bitcoin price become stable on one place it’s also not good and I think bitcoin can lose its value so it’s very important for bitcoin to keep its price high in market which can save its value so I think bitcoin price is very important for everyone.
I agree with you i also thinks that it matters because people would not have invested in it if it was like 1 dollar people see that it is growing and that is why they invest because they want profit out of it.
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November 10, 2017, 09:05:35 AM
 #3609

the price of Bitcoin is indeed very surprising, even to this day I still do not believe the price can penetrate $ 7200,
this is really a very high price for a cryptocurrency,
the price beat the price of Gold ...

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November 10, 2017, 10:08:43 AM
 #3610

the price of Bitcoin is indeed very surprising, even to this day I still do not believe the price can penetrate $ 7200,
this is really a very high price for a cryptocurrency,
the price beat the price of Gold ...
Even the price of bitcoin is now very high, it is still temporary because anytime it can change from being high to higher price or if the market will gone bad then from a high price to a lower price which is not the price that anyone like. Bitcoin should not be compared to gold even in price because they are different and it is very clear that gold is very outdated investment and bitcoin is now the best.

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November 10, 2017, 10:25:09 AM
 #3611

The price of bitcoin is the important thing that keeps the people much interested towards cryptocurrency. If the price has been found less similar to some altcoins, it could have not reached such an adoption level as well growth in terms of acceptance in marketplace.



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November 10, 2017, 10:41:51 AM
 #3612

the price has already meant alot to me, and I made some mistakes based on that. if you really believe in his potential, so should not worry about the price.

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November 10, 2017, 05:11:38 PM
 #3613

Most absolutely. What else can gauge what bitcoin is really worth in reality? You have to have a meter of how considerably one thing is well worth in contrast to one thing else to see what worth it is.
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November 10, 2017, 05:14:37 PM
 #3614

For me the price matter.
Without a price how can i spent my bitcoins or use it for trading?
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November 10, 2017, 05:17:21 PM
 #3615

Of course, it matters because everybody want to own a bitcoin not satoshis. It would be more easier to calculate your profits in BTC rather than some small pieces for satoshis. Cool
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November 10, 2017, 07:26:42 PM
 #3616

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
Yes, of course it matters. Many people will answer yes most of them are investors. The price also attracts people to invest here in bitcoin. And everyone is interested joining here if the value of bitcoin is good or much higher than their expectation.

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November 10, 2017, 07:39:19 PM
 #3617

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

yeah base on observation price of bitcoin matters to us holders and miners
this is the basis of everything from capital to earnings

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November 10, 2017, 08:44:04 PM
 #3618

Of course, it matters because everybody want to own a bitcoin not satoshis. It would be more easier to calculate your profits in BTC rather than some small pieces for satoshis. Cool
since satoshi has invested a very great potential in Bitcoin, then in time even the smallest parts of Bitcoin, that is satoshi, will have a price big enough to want not only Bitcoin but Satoshi.

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November 10, 2017, 10:18:10 PM
 #3619

Actually numerous do not understand bitcoin- even there are lots of my buddies who don't know till bitcoin name. The only cause is they are reduced on the internet and we have not practiced bitcoin. So, those who know bitcoin, when they mean they are too much, many people who are completely illiterate can't even understand how to come on the internet for them, it is possible . Many people focus on different expense sites, bitcoin. Eventually, so many people are scammed because they are illiterate about bitcoin...
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November 10, 2017, 10:24:41 PM
 #3620

It is really important to know what the price of bitcoin is because if you buy bitcoin at a high value then there is a possibility to lose your money because the value will go down eventually and i think that it is the most import reason why everyone is investing in bitcoin.
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