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Author Topic: Does the Price of Bitcoin Matter?  (Read 302886 times)
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February 02, 2018, 01:18:04 PM
 #4101

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


In my perspective bitcoin price matters. Because of the value of bitcoin many people got interested in bitcoin. Also, the bitcoin is unique especially of being virtual currency or digital currency which you cannot hold the bitcoin but you can use it to buy those things that is essential to our life. If bitcoin does not have a price I think the people will stop choosing bitcoin because money does matter.

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February 02, 2018, 01:21:03 PM
 #4102

For some people it matters the most since a lot of people are relying on the price to pump and use that price to buy other digital currencies and start your way of trading them. If bitcoin is dumping, well, a lot of them are starting to panic and saying that bitcoin is dead even though it is just the time for the volatility to kick in.

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February 02, 2018, 01:39:26 PM
 #4103

To those people who are earning through trading or investing, the price really matters because they are always watching the market to be able to identify when is the good time to buy and sell a coin in which they will be profitable at the end. It really matters if you treat bitcoin as a source of income because what you're earning actually depends what the price of bitcoin is.

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February 02, 2018, 01:46:54 PM
 #4104

for me yes it does matter, bitcoin is a cryptocurrency where we invest in and or work at to earn money, the price of it really matters since if it has a high price then we can get a lot of profit for the one who invest in it while for those who do bounties and campaign will earn more. what if we just invest and do bounties without thinking its price cause it doesn't matter that is not a good business at all. Cryptocurrencies such as bitcoin and other coins also our local currency matter because of its price. It really matter whether it goes up or down it will affect everyone in bitcoin community.

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February 02, 2018, 02:56:18 PM
 #4105

To those people who are earning through trading or investing, the price really matters because they are always watching the market to be able to identify when is the good time to buy and sell a coin in which they will be profitable at the end. It really matters if you treat bitcoin as a source of income because what you're earning actually depends what the price of bitcoin is.
People should not fully depend on bitcoin as their source of income because this kind of scenarios where the price of bitcoin is going down is a good lesson for those people who treat bitcoin like their regular job. It is best for the traders and investors in bitcoin to diversify their money so they will have another source of income that they can use the profit as a backup money for them to spend.

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February 02, 2018, 03:20:58 PM
 #4106

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, the price is definitely matters. We don't be hypocrites but honestly most of the people are now here in bitcoin is because of its high market value which is more huge than the other online business. As a businessman you always looking for business which you are possible to have a high profit or income and Bitcoin gives us what the people need.

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February 03, 2018, 03:21:51 AM
 #4107

The price really matters, but not depend only to that. For the btc has many other factors to depend on. Some of us really care about the proce, waiting for it to go up and being sad when it goes down. We are so much affected by it, but if you will see the other areas such as the companies being accepted bitcoin as their payment, other countries being implemented btc and other as the altcoins to be their currency and many investors will buy/sell bitcoins which is more relevant and more important than focusing on the price alone. I didn't say that is irrelevant to focus on the proce, what I am saying is let's not depend on it alone but to look on other areas too.

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February 03, 2018, 03:58:15 AM
 #4108

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

The price it matters. Really matters. It is the basis of trading. Everyone who are engaged to btc are much affected by it because this is the reason why we earn money. The price also triggers the investor or the traders to buy or sell one. Why is bitcoin earning so much popularity? Because of it's high price market. People are so engrossed to earn one btc and make it grow.


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February 05, 2018, 07:39:38 AM
 #4109

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 it does. That is how or when is the time for selling of its price. Bitcoin is where you can base your invest in btc.

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February 05, 2018, 09:25:16 AM
 #4110

The price of bitcoin really matter, many have got into the bitcoin community without the thought to increase their earnings through the bitcoin community by investing on bitcoins and bitcoin is the only way many have become millionaires within a short period of time like making money out of thin air. There are times in december 2017 the  price of bitcoins has reached upto $ 20000 USD, Now there is a slight dip in the market which is the best time to buy some bitcoins and holding them help you earn profits as there are potential for huge leap of price in the bitcoin market. The news of bitcoins have reached many because of the increased price of bitcoins in the crypto market.

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February 05, 2018, 10:03:37 AM
 #4111

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 it does. That is how or when is the time for selling of its price. Bitcoin is where you can base your invest in btc.
Because selling bitcoins is as easy as buying, it's a bit too volatile as now, and we're facing a price-dropping phenomenon but I'm sure prices are skyrocketing again.

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February 05, 2018, 10:06:27 AM
 #4112

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

The price it matters. Really matters. It is the basis of trading. Everyone who are engaged to btc are much affected by it because this is the reason why we earn money. The price also triggers the investor or the traders to buy or sell one. Why is bitcoin earning so much popularity? Because of it's high price market. People are so engrossed to earn one btc and make it grow.

People now a days want to earn more bitcoin and want to hold it for long term because of bitcoin price and what bitcoin can be price soon, price are very important because that is the reason why many people want to earn bitcoin.

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February 05, 2018, 10:08:02 AM
 #4113

Bitcoin demand reflects upon its price, so I would say that price matters for any asset especially the non-manipulated ones.
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February 05, 2018, 10:14:31 AM
 #4114

Yes bitcoin price is a  matter because bitcoin has its face value many bitcoiner are aware of each price. So that many people will have interest in bitcoin.   
Every commodity or service in our lives matters so the cost of a bitcoin is important.
Yeah, Everything in this world has there own prices label into them. For bitcoin, the price really matters because it dictates the tempo in the cryptomarket. Traders and investors will be happy if they get their coins to the price they wanted.

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February 14, 2018, 02:27:33 PM
 #4115

Somewhat yes, but I think what really matters is how you make a gameplan of the never ending ups and downs of Bitcoin. Also, stability really matters to in order for some people to think about joining ang buying bitcoin.
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February 15, 2018, 10:35:33 AM
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Since these two drivers of the current spot price of Bitcoin vary against the dollar and other fiat currencies, we see that Bitcoin's value can swing based on news
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February 15, 2018, 11:08:48 AM
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Bitcoin price is really matter. Especially for investors thought they bought some bitcoin at high price and the price fall down it can gives you some lose which nobody want. That's the reason why people holding there bitcoins for there future because they believe one day the price will touch the sky and gives them benefits.

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February 15, 2018, 11:14:30 AM
 #4118

ohh cmon.. of course the price matters
It matters for the general popularity of BITCOINS, and it is crucial for savers.
it matters the most for traders  Grin
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February 15, 2018, 11:21:53 AM
 #4119

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 , If the price of the bitcoin are alway rising its hard to buy bitcoin for trading that's why being low price of btc are have importance, because you can buy btc on low price and earn more money of the bitcoin rise up.

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February 15, 2018, 11:45:42 AM
 #4120

Well for me it matters. But I do mot have a standard whether it is expensive or not. I label it as high or low. High when it meets my target value higher than the price when I bought it, low when I see that it gets lower than the price I firstly bought it. That is how bitcoin's price matter to me. But I do not find it expensive or cheap. Thousands of dollars are nothing but just number in bitcoin. What matters is the fluctuation.

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