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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
LarryHocks
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January 29, 2016, 10:23:55 PM
 #341

For me the price matter.
Without a price how can i spent my bitcoins or use it for trading?
Rizky Aditya
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January 30, 2016, 12:21:08 AM
 #342

If the price went really low, then no one would use Bitcoin, so the price does matter.
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January 30, 2016, 01:19:00 AM
 #343

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.
yeah the higher the price of bitcoin. people will increasingly believe in bitcoin, that this currency, is the currency of the future
and many people will join because the price is very attractive,
joinal
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January 30, 2016, 01:38:55 AM
 #344

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
more than that, I most want is the adoption of the public, the price is very decisive,
You see when prices exploded to $ 1200, it makes millions of people join in bitcoin, the price is very influential

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January 30, 2016, 01:57:12 AM
 #345

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
more than that, I most want is the adoption of the public, the price is very decisive,
You see when prices exploded to $ 1200, it makes millions of people join in bitcoin, the price is very influential
You are correct. The price of Bitcoin attracts most of the non Bitcoin users to Bitcoin. The price matters.
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January 30, 2016, 11:01:31 AM
 #346

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
more than that, I most want is the adoption of the public, the price is very decisive,
You see when prices exploded to $ 1200, it makes millions of people join in bitcoin, the price is very influential

I think also a relatively stable price would be beneficial for a bigger adoption, so no big jumps in the price as we saw in the past months.


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February 01, 2016, 03:21:02 PM
 #347

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
more than that, I most want is the adoption of the public, the price is very decisive,
You see when prices exploded to $ 1200, it makes millions of people join in bitcoin, the price is very influential

I think also a relatively stable price would be beneficial for a bigger adoption, so no big jumps in the price as we saw in the past months.

Yeah, if the price of bitcoin is more stable then it will attract many people to get into bitcoins, as people are staying away from bitcoins is only because of price volatility, if price is stable people will have more faith in bitcoins and surely start adapting it.
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February 09, 2016, 08:35:33 AM
 #348

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
more than that, I most want is the adoption of the public, the price is very decisive,
You see when prices exploded to $ 1200, it makes millions of people join in bitcoin, the price is very influential

I think also a relatively stable price would be beneficial for a bigger adoption, so no big jumps in the price as we saw in the past months.

Yeah, if the price of bitcoin is more stable then it will attract many people to get into bitcoins, as people are staying away from bitcoins is only because of price volatility, if price is stable people will have more faith in bitcoins and surely start adapting it.

For a retailer, if the price is stable over several weeks, he might hold the bitcoin for some time and pay the supply as well.
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February 09, 2016, 02:14:53 PM
 #349

For me the price matter.
Without a price how can i spent my bitcoins or use it for trading?

Yes, I definitely think so. It now has a quite low value should I tell you and that you know yourself I think.
But I think it's best to grow later.
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February 09, 2016, 02:27:25 PM
 #350

small fluctuation in the value of bitcoin do not matter to me as my business is completely build on bitcoin, but yes a fluctuation of 10% makes things tense but all our deals are done in bitcoin so not that much. Grin

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February 09, 2016, 04:13:27 PM
 #351

small fluctuation in the value of bitcoin do not matter to me as my business is completely build on bitcoin, but yes a fluctuation of 10% makes things tense but all our deals are done in bitcoin so not that much. Grin
What is your business ? (if that's not too nosy)
I'm curious to see a 100% based bitcoin looks like.



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February 09, 2016, 07:30:37 PM
 #352

well yes it matter because people usually like the bigger price

 
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February 09, 2016, 07:59:49 PM
 #353

yeah, most probably it matters as people like to see bigger numbers and it attracts a lot of new investors

 
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February 09, 2016, 08:02:41 PM
 #354

yeah, most probably it matters as people like to see bigger numbers and it attracts a lot of new investors

Yeah the price of bitcoin matters and the price fluctuations also matters for the people who wants to make a quick profits, so a person who is either a small investor or a big investor, price really matters for all of them.
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February 09, 2016, 09:25:35 PM
 #355

yeah, most probably it matters as people like to see bigger numbers and it attracts a lot of new investors

Yeah the price of bitcoin matters and the price fluctuations also matters for the people who wants to make a quick profits, so a person who is either a small investor or a big investor, price really matters for all of them.
Price may not be the main factor for people aiming for very long term. Because they expect bitcoin to skyrocket in the next decade or more, so the day to day price is not interesting for them.



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February 09, 2016, 10:16:45 PM
 #356

yeah, most probably it matters as people like to see bigger numbers and it attracts a lot of new investors

Yeah the price of bitcoin matters and the price fluctuations also matters for the people who wants to make a quick profits, so a person who is either a small investor or a big investor, price really matters for all of them.
Price may not be the main factor for people aiming for very long term. Because they expect bitcoin to skyrocket in the next decade or more, so the day to day price is not interesting for them.

Same here. There are a lot people that get excited when the price increases with $20 within 24 hours, while for me this increase basically doesn't have any value as I am a long term holder. Of course it's nice to see the price go up that much in a day, but my goal is the long term price of at least $1000-$2000 at some point in the future. That's why I will keep holding all my coins like a real boss.
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February 09, 2016, 11:26:42 PM
 #357

yeah, most probably it matters as people like to see bigger numbers and it attracts a lot of new investors

Yeah the price of bitcoin matters and the price fluctuations also matters for the people who wants to make a quick profits, so a person who is either a small investor or a big investor, price really matters for all of them.
Price may not be the main factor for people aiming for very long term. Because they expect bitcoin to skyrocket in the next decade or more, so the day to day price is not interesting for them.

Same here. There are a lot people that get excited when the price increases with $20 within 24 hours, while for me this increase basically doesn't have any value as I am a long term holder. Of course it's nice to see the price go up that much in a day, but my goal is the long term price of at least $1000-$2000 at some point in the future. That's why I will keep holding all my coins like a real boss.


Big traders won't wait too long they are very much interested in the price fluctuation on daily basis, even a small fluctuation will make them earn good profits, if you buy in bulk and if price goes up by $20 then just imagine the total profit they are making in a single day.
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February 10, 2016, 12:14:15 PM
 #358

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

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.


I think it does matter the price is very important.
In my opinion its the important thing from the bitcoin.
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February 10, 2016, 12:23:23 PM
 #359

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

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.


I think it does matter the price is very important.
In my opinion its the important thing from the bitcoin.

at this point it's indeed safe to say that the majority of the people finds the price infact the most important aspect of bitcoin. the technology that powers bitcoin comes second for most of the people. all i see everywhere is people talking about the price and barely about the blockchain itself. says enough.
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February 10, 2016, 02:07:13 PM
 #360

at this point it's indeed safe to say that the majority of the people finds the price infact the most important aspect of bitcoin. the technology that powers bitcoin comes second for most of the people. all i see everywhere is people talking about the price and barely about the blockchain itself. says enough.

Well majority of people are into the price purposes that's why they here and doing bitcoin earning method. Many reasons such as good source of income for jobless, a good part time while doing real life job etc.

The blockchain technology, block size debate, halving or any other facts about bitcoin is considered as a deep knowledge of bitcoin that's why other people are not interest to learn more deeply about bitcoin and just concentrating in the price.

But hey no doubt, because of the price hype somehow it increase the number of people using bitcoin. And other people involved eventually seek some deep information about bitcoin aside from waiting for the skyrocket price.

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