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Author Topic: Does the Price of Bitcoin Matter?  (Read 304443 times)
streazight
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May 05, 2016, 03:11:32 PM
 #981

For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.
Bitcoin price matters a lot because greedy people thinking that they will be rich with bitcoin only creates bubbles and hostile investment environements...
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May 05, 2016, 03:26:07 PM
 #982


Bitcoin price matters a lot because greedy people thinking that they will be rich with bitcoin only creates bubbles and hostile investment environements...

..and a that is the basis for some whales to do some pumping and dumping scene that can shake up the market price and will lead to panic buying and dumping for those small holders including the majority here in this forum. Smiley

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May 05, 2016, 03:29:18 PM
 #983

For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.
Bitcoin price matters a lot because greedy people thinking that they will be rich with bitcoin only creates bubbles and hostile investment environements...
Stocks aren't any different if you look at things the way you do.

Whales wealthy enough to move markets are giving us the opportunity to make profit, which is why I never complain.

BSV is not the real Bcash. Bcash is the real Bcash.
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May 05, 2016, 03:29:47 PM
 #984


Bitcoin price matters a lot because greedy people thinking that they will be rich with bitcoin only creates bubbles and hostile investment environements...

..and a that is the basis for some whales to do some pumping and dumping scene that can shake up the market price and will lead to panic buying and dumping for those small holders including the majority here in this forum. Smiley

People now know how to handle bitcoin, so even if the price drops people won't get panic they will hold and wait for price rise so that they can sell at the right time.
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May 05, 2016, 03:34:34 PM
 #985

Price matters in a lot of ways. There's no point in holding something that is next to worthless. Price may mean what its value is to you. Btc maybe worth more for you than it is for others.
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May 05, 2016, 04:41:49 PM
 #986

Price matters in a lot of ways. There's no point in holding something that is next to worthless. Price may mean what its value is to you. Btc maybe worth more for you than it is for others.
bitcoin price is very important, even very many people who hold bitcoin they are just waiting for price increases rose. besides it can also determine the price of bitcoin bitcoin quality, because the higher the price the higher the bitcoin quality
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May 05, 2016, 05:02:11 PM
 #987

Price of bitcoin really matters to me
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May 05, 2016, 06:20:20 PM
 #988

Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

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May 05, 2016, 06:24:55 PM
 #989

Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
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May 06, 2016, 01:09:25 PM
 #990

Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
Yes, it is important but we do not know how much it is important. For example with 10-20% of price change my decisions do not change about buying selling, being active in bitcoin.

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May 06, 2016, 01:22:43 PM
 #991

One wave of moves by those big holders can manipulate the price. Now because of that move it will lead to some small trades to do their action of mover whether to buy or to sell. See how the price matters here. It dictates the outcome of trader's move.

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May 06, 2016, 01:29:21 PM
 #992

Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
Yes, it is important but we do not know how much it is important. For example with 10-20% of price change my decisions do not change about buying selling, being active in bitcoin.

Yes being active is good but the price of bitcoin really matters to all of us, as we will sell only if the price is higher or else we will hold till it goes higher.
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May 06, 2016, 04:16:02 PM
 #993

The price matters to all sorts of people. Even to people who have bought at very low price levels
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May 06, 2016, 07:15:38 PM
 #994

For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.
For newbies the price increase is a major factor in order to join bitcoin and after that if they involved completely in that field they try to learn more and so after that they come to know all the realities of bitcoin.
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May 07, 2016, 07:17:45 AM
 #995

For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.

I think newbies are the ones who aren't affected that much when bitcoin price moves. They have very little to no bitcoin at all. Of course they will not wait for the halving just to get some cents out of their little sats. Although newbies might somehow look at the value of the bitcoin first before they start their journey in earning bitcoins. A bigger price of BTC will motivate not only the people who are just starting in bitcoin but also the people who are already earning bitcoins.
Yes, the bigger price help people to motivate them to join bitcoin and if the price of bitcoin was not that much high there would be very less people and the image of bitcoin would not have that much as is today.

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justspare
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May 07, 2016, 07:33:15 AM
 #996

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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.
mark coins
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May 07, 2016, 09:44:23 AM
 #997

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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.
WEBcreator
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May 07, 2016, 10:27:41 AM
 #998

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

That will be a foolish thing to do, Even if the price drop down to $100, it wont be happen instantly therefore everyone still have their chance to sell it while it hasnt reach $100 yet . People that choose to not sell it means that people are trusting that the price is temporary and it will rise anytime sooner

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duts_bg
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May 07, 2016, 10:34:34 AM
 #999

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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.
Of course, there will be refused, but there will be new interest too. At least, for now not invented anything better than bitcoin and more and more people convinced that the existing financial order, led by $, screwed up.

SHIFT is a distributed P2P network that incentivizes decentralization for secure content publishing and storage.
1Referee
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May 07, 2016, 10:34:46 AM
 #1000

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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.
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