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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
benmartin613
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March 19, 2016, 05:54:04 PM
 #581

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.
fkvidar
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March 19, 2016, 05:56:33 PM
 #582

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it  only because of its price.

yeah agree with you the goal of all poeple buy bitcoin and hold it is because their purpose is to wait for higher prices.
then they get a profit. high prices is very important for bitcoin


Even I agree  The price of bitcoin matter a lot, the fees in the future i think that will cost much more that are today and this because of the price

Price will be always important factor in bitcoin and it will continue to follow it even in future, and majority of us are holding bitcoins only because of its price.
Altcoinsupporter
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March 19, 2016, 08:20:12 PM
 #583

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.
CryptoBjorn
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March 19, 2016, 09:07:20 PM
 #584

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

Yes, for both of the parties a price is mandatory so they know against which value a trade can occur.
I believe the price being low or high is not important since a stable price is better then this fluctuation.
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March 19, 2016, 09:23:01 PM
 #585

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

Yes, for both of the parties a price is mandatory so they know against which value a trade can occur.
I believe the price being low or high is not important since a stable price is better then this fluctuation.

Its difficult to see stable price of bitcoin as for stable price we need more adoption as the market cap of bitcoin is too small at a moment, price would be stable if have more users.
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March 20, 2016, 06:00:33 AM
 #586

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it  only because of its price.

That's right, It would be useless and not profitable if we are investing in a thing that has no value...It would be a waste of resources and timeif it has not value and use..
if bitcoin does have a fixed price no one is going to hold and if the price does not change when you hold it is certainly the time and effort you spend will be wasted. with that we took the decision that everyone wants to have benefited from the high PRICE. then the price has a very important role
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March 20, 2016, 06:26:46 AM
 #587

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it  only because of its price.

That's right, It would be useless and not profitable if we are investing in a thing that has no value...It would be a waste of resources and timeif it has not value and use..
if bitcoin does have a fixed price no one is going to hold and if the price does not change when you hold it is certainly the time and effort you spend will be wasted. with that we took the decision that everyone wants to have benefited from the high PRICE. then the price has a very important role



Bitcoin will have a stable price when all has been mined but for now we are still mining and cant define the true price of bitcoin.
If the abundance of bitcoin has been fully used price will be stable.
blackmachinegun
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March 20, 2016, 07:37:09 AM
 #588

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.
Of course. I think all commodity prices continue growing need for their survival
together with the currency. bitcoin also need to exchange or purchase price as another country's currency.
so bitcoin can be used to buy something
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March 20, 2016, 09:48:25 AM
 #589

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.
Of course. I think all commodity prices continue growing need for their survival
together with the currency. bitcoin also need to exchange or purchase price as another country's currency.
so bitcoin can be used to buy something
but it is also all bitcoin users always waiting for the day when the price of bitcoin reached its highest price, even many bitcoin users who never use bitcoin and always held him just to wait for the price rise
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March 20, 2016, 10:32:56 AM
 #590

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

I agree with this, Yes i would like to say that price is irrelevant however simply put i will also be closely following bitcoins price, I brought just a single BTC with a risk is may be one day worthless, if BTC fails then i will be disappointed but not because i lost 1BTC.... I would like to see BTC price raise 10 fold at least within 10 years or so, i think this is a reasonable prediction and will be a good indication that BTC is succeeding

Ten folds in 10 years is kinda hard to be true,if more people and company are using bitcoin and the government accept it maybe the price may rise to x3 or x4 but to able to the 10 folds it needs a lot of years.
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March 20, 2016, 02:53:52 PM
 #591

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

I agree with this, Yes i would like to say that price is irrelevant however simply put i will also be closely following bitcoins price, I brought just a single BTC with a risk is may be one day worthless, if BTC fails then i will be disappointed but not because i lost 1BTC.... I would like to see BTC price raise 10 fold at least within 10 years or so, i think this is a reasonable prediction and will be a good indication that BTC is succeeding

Ten folds in 10 years is kinda hard to be true,if more people and company are using bitcoin and the government accept it maybe the price may rise to x3 or x4 but to able to the 10 folds it needs a lot of years.

Yeah I think for bitcoin to get 10 folds will take a long time, I don't think its possible in next couple of years as we need huge market cap to achieve that value.
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March 20, 2016, 03:20:16 PM
 #592

Price of bitcoin really matter to me as I buy when I feel that price is low and sell when the price is higher then what I bought, so price is really important factor for me.

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March 20, 2016, 07:02:53 PM
 #593

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.
bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well
Yes, bitcoin without any value means that no one is now there in interest with it, For any currency it is its price which the attracts the masses towards itself and gain more fame in the world.

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Zoomer
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March 20, 2016, 07:10:50 PM
 #594

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.
bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well
Yes, bitcoin without any value means that no one is now there in interest with it, For any currency it is its price which the attracts the masses towards itself and gain more fame in the world.
yes bitcoin's price matter because its price needs to be enough to cover all expenses by miners and profit to them for mining,if bitcoin mining won't profitable then people will stop mining it and bitcoin dies if no one mines.
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March 21, 2016, 01:24:21 PM
 #595

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

Many but not as many as we want it. With greater people who knows it then many will also start buying or investing. That way the price of it will get even higher also due to many demands.
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March 21, 2016, 02:23:33 PM
 #596

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.
bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well
Yes, bitcoin without any value means that no one is now there in interest with it, For any currency it is its price which the attracts the masses towards itself and gain more fame in the world.
The price is of course very important. If it doesnt matter than nobody will have it and that is the problem.
So it is really important, because you can earn some good money with it and that is quite good. But we all hope of course also that the value will be more worth.
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March 21, 2016, 02:29:17 PM
 #597

Even bitcoin transaction are really instant to a range of 0.0001sec per confirmation, doesn't used to illegal activities, 100% anonymity transaction, less difficutly to mine* etc. still it doesn't guarantee that majority of people will engage to the world of bitcoin. Bitcoin price is really the majority reason why people are here.

*case

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Crazygreek
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March 21, 2016, 06:46:31 PM
 #598

Sure it's matter. Who need to waste a lot of time for mining also a lot of money on electrical energy for generete a thing that cost 1 dollar? Nobody.
Here is the answer.

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March 21, 2016, 07:49:52 PM
 #599

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.
bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well


Every user of bitcoin depends on its price and it affect them and their daily life,bitcoin has growing recently so bitcoin price is really important.
Yes, it is true if the price is reduced then what will the users do for it to earn it, as it will not be able to support them to live their life with it, and sooner everyone will leave just like the PTC industry.
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March 21, 2016, 10:40:27 PM
 #600

For the signatures companies it matters a lot,and im curious to see what will be the new rates after the halving i believe they will reduce once again the payments.Soo sure it matters,last year i were making 0,10btc around 20 dollars a week,now the same signatures paying 0,03-0,04 btc weekly soo in the end it matters.
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