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Author Topic: Does the Price of Bitcoin Matter?  (Read 304453 times)
traderbit
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January 25, 2016, 08:33:39 PM
 #321

What matters if the bitcoin price does not matter, the bitcoin price actually shows how much worth a bitcoin, we know that it changes and many of us value a bitcoin to 1k or 2k but the price shows the reality of 1BTC

knowhow
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January 26, 2016, 08:34:19 PM
 #322

What matters if the bitcoin price does not matter, the bitcoin price actually shows how much worth a bitcoin, we know that it changes and many of us value a bitcoin to 1k or 2k but the price shows the reality of 1BTC

The real value of bitcoin will be showed over the years,the current value keeps atracting more and more costumers and investors inside bitcoin world,im collecting bitcoins ,lending investing and trading altcoins,soo in the end my balance shows me how much bitcoin i have i dont convert it to fiat ,sometime i just check the price of it but i know i love when i see my balance growing slowly and always up.
avw1982
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January 27, 2016, 07:47:39 AM
 #323

What matters if the bitcoin price does not matter, the bitcoin price actually shows how much worth a bitcoin, we know that it changes and many of us value a bitcoin to 1k or 2k but the price shows the reality of 1BTC


I guess people when came to know about bitcoin that time price Is most attractive thing in bitcoin they feel.  Once they came inside the bitcointalk.org they will get interest in various things in bitcoin. This cryptsy technology is awesome in point of view.
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January 28, 2016, 08:34:42 AM
 #324

For me that im collecting bitcoin only without anything in mind besides lend them to others,i dont bother if bitcoin is worthing 400 or 900dollars,in the future,sure the price would change my mind about the price matters.One thing is sure the most of us love bitcoin because it has worth and its value its what some always check,i may say i havent check the value of it over a week ,but the thing is i earn bitcoins worth 400 or 500 value no bid diference.

I think bitcoin lending is a good business. You lend out bitcoin and get back bitcoin, it is like holding bitcoin but with some interest.
Imran.shamsi
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January 28, 2016, 09:17:48 AM
 #325

Price is important, could be good for price to stabilize but it is not critical.

Price matters because according to the price only we will get our earnings or profits. If there is no variation or growth the attachment towards bitcoin gets deviated over other crypt currencies in the market

If the price is stable or rising, then adoption increases. People get more Trust in bitcoin and start using it. More miners start mining, and if price falling down then people loose their trust on Bit coin. If price increase then we earn more profit on Bitcoin
LarryHocks
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January 28, 2016, 10:39:44 AM
 #326

If you want to buy something there is a price needed. So yes the price is very important.
Without it, there is no use in trade etc.
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January 28, 2016, 10:48:48 AM
 #327

If you want to buy something there is a price needed. So yes the price is very important.
Without it, there is no use in trade etc.

Without an exchange price in fiat currency you can still use Bitcoin to trade and do other things. Altcoin trading is purely based on BTC and has nothing to do with fiat. Bitcoin related gambling sites have also nothing to do with fiat.
XinXan
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January 28, 2016, 11:06:38 AM
 #328

For me that im collecting bitcoin only without anything in mind besides lend them to others,i dont bother if bitcoin is worthing 400 or 900dollars,in the future,sure the price would change my mind about the price matters.One thing is sure the most of us love bitcoin because it has worth and its value its what some always check,i may say i havent check the value of it over a week ,but the thing is i earn bitcoins worth 400 or 500 value no bid diference.

I think bitcoin lending is a good business. You lend out bitcoin and get back bitcoin, it is like holding bitcoin but with some interest.

It does seem like an ok business, you are not going to earn too much money because most people only take really small loans (probably to gamble or to build trust) and you will earn a small interest of a small loan but eventually you will make good profit the only problem is that some people are giving loans without collateral already so if you want your business to work for you, you will have to give some loans without collateral too and that is a high risk you have to take.
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January 28, 2016, 11:37:41 AM
 #329

Of course it is useful. Otherwise, it is not so much used.
And if it's worth so much you do yourself more money. Therefore, the price matter.

randy8777
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January 28, 2016, 01:07:32 PM
 #330

If you want to buy something there is a price needed. So yes the price is very important.
Without it, there is no use in trade etc.

we will always be tied to a certain bitcoin price as long as 1 bitcoin is still worth $380 and not 1 bitcoin to be worth 1 bitcoin. merchants will never allow you to buy stuff without bitcoin being tied to $$$. i don't think we'll ever see this change.
gregyoung14
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January 28, 2016, 03:44:42 PM
 #331

Of course it is useful. Otherwise, it is not so much used.
And if it's worth so much you do yourself more money. Therefore, the price matter.

Or simply it won't get patronized and traded and played with. If you think about it, there's a lot of businesses revolving around bitcoin alone.
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January 28, 2016, 04:00:47 PM
 #332

Price of bitcoin really matters in different aspects.

Price is one of the basis when a trader executes it's trading moves.

Price is one of the basis too when people do panic dumps and pumps.

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knowhow
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January 28, 2016, 04:59:57 PM
 #333

To lend money without colateral i would call it donation as the risk to dont get paid nowadays is way bigger then to get paid,trusted members,high ranks accounts being hacked,the buy and sell market people getting high ranks accounts do signature for a while and then request loan .... today all must protect your money against cheaters soo colateral is a must.There are a lot people lending and asking for a loan but usually the history always make you choose an older lender then a new one,but well give time to time.Sure people has the vision that the price matters,for me in the end it matters but as i own a small part and not willing to cashout or selling my bitcoins,being worth 10 or 1000dollars wont change my mind at the moment,im collecting bitcoin for the future and if i need or i think is time to sell i will wait a good value not going to sell my precious for pennies.
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January 29, 2016, 09:33:29 AM
 #334

Of course it matters. Otherwise there is no value. The price shows how much you have to pay and for how much you can sell it. So it's very important or for exchange, it is important.
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January 29, 2016, 12:52:06 PM
 #335

Of course it matters. Otherwise there is no value. The price shows how much you have to pay and for how much you can sell it. So it's very important or for exchange, it is important.
you're quite right, of course it is important to be likened to that bitcoin without a price, that would be useless iron, it is a kind of money, so it must have a high price and value

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January 29, 2016, 01:36:28 PM
 #336

Obviously the exchange rate affect the total balance at the time of convert or personal transfer to others. But luckily it will help more when the rate is high.

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January 29, 2016, 02:26:43 PM
 #337

Obviously the exchange rate affect the total balance at the time of convert or personal transfer to others. But luckily it will help more when the rate is high.

Yeah if the price falls down we need to pay more btc to convert it to fiat, while if the price is higher then we have to spend less btc, so price of btc does matter to each and every one of us. Bitcoin can be more profitable if the price is stable.

 
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sishendaoye
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January 29, 2016, 02:41:40 PM
 #338

Of course it is, if the price will rise we all have profit from it.
Plus the people will trust the bitcoin sooner.
Its how you look at it from different ways but I think it really matter.
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January 29, 2016, 07:11:07 PM
 #339

of course it matters as if the price is getting higher more people are getting interested in buying more of it, such thing really benefits the bitcoin as more people accept it
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January 29, 2016, 08:25:14 PM
 #340

of course it matters as if the price is getting higher more people are getting interested in buying more of it, such thing really benefits the bitcoin as more people accept it

Yes when more people starts using it then it becomes more mainstream and vendors shops will start accepting Bitcoin as a payment
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