harizen
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January 11, 2016, 09:51:11 AM |
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I think there are only a little number of bitcoiners that are not worried about the price of bitcoin, but the vast majority of this community is very interested in it because everyone needs to buy and sell things all the time, and these things always have a monetary value.
Little number you are talking are for the newbies. First of all, they not aware of the bitcoin price first because all they want is to know the methods to earn it. When they become an average user here, they will be included for those people who believes that price really matters.
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gkv9
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!!! RiSe aBovE ThE StoRm !!!
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January 11, 2016, 11:56:04 AM |
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I think there are only a little number of bitcoiners that are not worried about the price of bitcoin, but the vast majority of this community is very interested in it because everyone needs to buy and sell things all the time, and these things always have a monetary value.
You are right... But in those people, most have different mentality like they want Bitcoins to be used like cash in their day-to-day life... They want it to be used freely in their country without any restrictions... Do you remember the Era when no fiat was used in most countries and Gold was exchanged and even barter trading was there??? BTC should get such value and must be used as a currency, is all people like us want...
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Dr.Osh
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January 11, 2016, 12:13:50 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
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actmyname
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Spear the bees
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January 11, 2016, 12:15:54 PM |
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The price... if it grows to be higher, more awareness will be given to Bitcoin, and then if you flash that high number to many people, they'll start becoming interested and potentially learn about the technology and what its potential is. If the price drops, then many of the people that use Bitcoin will cease to continue.
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Appuned
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January 15, 2016, 02:47:18 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
When the bitcoin price is high, more people will be attracted to the bitcoin community. The bigger the community, the higher the price.
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MF Doom
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January 15, 2016, 03:21:46 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
and if the price is low, the purchasing power is low. BTC would have no importance is the price dropped to say $1 (probably never will), but at the price the market cap would be just too small
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praprata
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January 15, 2016, 03:22:15 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
When the bitcoin price is high, more people will be attracted to the bitcoin community. The bigger the community, the higher the price. 60% of people I think is not possible not 60% of people on earth are interested about it. I think 30% don't know what is bitcoin and the other 30% is just not interested but they have heard it. You can just say that they are 60% that is interested.
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Mr.grin
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January 15, 2016, 04:06:51 PM |
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Of course it matters! I wonder how those who bought it at $600/BTC feel right now? (hint: probably they won't be in this forum).
yes you're right, what happens if the money does not have a nominal, money that would be important, among all the good things that are owned bitcoin, most attracts people is the price, so the price is something important bitcoin
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romero121
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January 15, 2016, 09:20:26 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
When the bitcoin price is high, more people will be attracted to the bitcoin community. The bigger the community, the higher the price. Yeah the bitcoin rate matters because. When the value is high the earning will be high which automatically gets attracted by people surrounding us and make them get involved in it, which helps in further growth and increased use of bitcoins in our day to day life.
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avw1982
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January 16, 2016, 04:32:08 AM |
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The price... if it grows to be higher, more awareness will be given to Bitcoin, and then if you flash that high number to many people, they'll start becoming interested and potentially learn about the technology and what its potential is. If the price drops, then many of the people that use Bitcoin will cease to continue.
Its price doing only matter for the growth of bticoin. People are got crazy with bitcoin because of its growth and price range only. Now price getting low in bitcoin price chart. If it goes in a week means I will be happy. I am gonna sell bitcoin after a week It would helpful for me. IF its get rise.
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justspare
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January 16, 2016, 07:37:12 AM |
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It only matters if the price goes around 1 dollar. Everyone who invested would hate Bitcoin and sell all their coins.
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a7mos
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January 16, 2016, 07:42:10 AM |
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It only matters if the price goes around 1 dollar. Everyone who invested would hate Bitcoin and sell all their coins.
Do you think there are some bitcoiners who will wait intel the price reaches one dollar ! Hundreds of people sold their coin because of 70 $ dollars fall So if you are talking about hating bitcoin, it is not the first time to have such loss in the prices
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nerFohanzo
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January 21, 2016, 01:37:06 PM |
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It only matters if the price goes around 1 dollar. Everyone who invested would hate Bitcoin and sell all their coins.
Do you think there are some bitcoiners who will wait intel the price reaches one dollar ! Hundreds of people sold their coin because of 70 $ dollars fall So if you are talking about hating bitcoin, it is not the first time to have such loss in the prices Price fluctuation is a part of bitcoins process, it is not first time that the value of bitcoin has crashed, only people with negative mindset will criticize bitcoins, but one who believes in bitcoin will always support bitcoins, and yes the price of bitcoin really matters for the users of bitcoins, but if the price falls down there is no need to panic as if it is gown down it will again rise in the future for sure.
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bitlancr
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January 21, 2016, 03:44:06 PM |
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I think there are only a little number of bitcoiners that are not worried about the price of bitcoin, but the vast majority of this community is very interested in it because everyone needs to buy and sell things all the time, and these things always have a monetary value.
Exactly, People who are not totally involved in bitcoins are very keen to know the price of bitcoin on daily basis as they want to make profits out of it, even the traders have a close watch on the value of bitcoins and as a ordinary users like us we are all very much interested to know the value so that we can sell a part of bitcoins at right time and earn some profits. Most of these people are here to make profits quickly and are not in it for the long run. The people who are in it for the long term, are the holders. I am too one of those people. I will sell every now and then when I need to but I will never sell everything all at once.
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oblomov
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January 21, 2016, 04:13:17 PM |
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Posters on this forum often make a contrast between "long term" holders of BTC and traders/speculators.
Both speculators and long term investors contribute to building the market for BTC.
Without the liquidity provided by speculators, adoption of BTC as a medium of exchange would be exceedingly difficult.
Retailers would have no incentive to accept BTC since they would still need to pay expenses in fiat, but would not be able to convert to fiat at an economic price.
Less-ideologically inclined investors would be disinclined to invest in BTC without sufficient liquidity.
As it stands, I see BTC as being reasonably liquid, at least as liquid as many fiat currencies. I have successfully position traded but also hold most of my BTC for long-term gain and for potentially making purchases and investments.
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OrangeII
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January 21, 2016, 05:22:47 PM |
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until now of course it's important, bitcoin is one of the currencies in the Internet world, so how the money can be important without price ?
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XinXan
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January 21, 2016, 05:53:59 PM |
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of course important, 60% of people interested in bitcoin because the price is high, too many entrepreneurs who invest their dollars into bitcoin the hope that prices will rise with bitcoin high
That's not why bitcoin was created, satoshi didn't create bitcoin to serve as some sort of gold 2.0. Bitcoin is a virtual currency and should be used like such. Of course people see investment opportunities in it but that doesn't mean that's what bitcoin is about.
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richardsNY
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January 21, 2016, 06:10:05 PM |
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It only matters if the price goes around 1 dollar. Everyone who invested would hate Bitcoin and sell all their coins.
The price matters to all sorts of people. Even to people who have bought at very low price levels. Right now the price doesn't bother them much as they are in a big profit, but look at these people when the price for example drops to $200, that's when they start to get nervous.
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BellaBitBit
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January 21, 2016, 06:47:53 PM |
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Sure the price matters. I was attracted to Bitcoin for the technology side of it and the possibilities for the world. To think that people in third world nations could utilize Bitcoin to move out of poverty is awesome, as is the many other great things it can do for the world. I am 50% idealistic and 50% capitalist, but yes the price matters.
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I love Bitcoin
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cellard
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January 21, 2016, 07:03:27 PM |
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At first I was attracted to Bitcoin because of the price... well I had no idea and I saw the price going up and said well, why im not getting rich too?
Then I got more involved and understood the technology and philosophy behind it. Now I consider myself a pioneer even tho I don't have many BTC but im already here, so I am here before the majority and own some modest amount. I know in the future my holdings will be way more appreciated as people catch up and inevitable the price will go up.
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