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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
PaperTree
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March 26, 2016, 06:55:09 AM
 #641

OFcourse it matters . It is of great value in my country. If I manage to earn 1 btc per month . I can live a lavish life here . So yes the price of bitcoin surely matters a lot .

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March 26, 2016, 09:05:41 AM
 #642

Absolutely, some of the earner depends on bitcoin for living, so if the price os higher its going to help a lot of people economic situation


Traders rely on the prices of bitcoins and other currency,if bitcoin has no price at all then people wont be using it to trade as they cant profit from it.

That's the root on why price matters..it's the profit and value..it really matters to traders yes, but to those who are just collecting bitcoin and convert it to fiat after receiving, it matters most to them than traders..
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March 26, 2016, 09:14:31 AM
 #643

The answer is yes, price of bitcoin matter, nobody will a lot waste time for cheap things. If you will lost 5 cents you will not care about it. Same as if bitcoin will cost 5 cents.
lol yeah if bitcoin as valuable as it would not anyone want to waste their time by collecting bitcoin. I'm still confused as to why there are people who still collect satoshi (only a few cents) from the faucet
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March 26, 2016, 03:59:53 PM
 #644

OFcourse it matters . It is of great value in my country. If I manage to earn 1 btc per month . I can live a lavish life here . So yes the price of bitcoin surely matters a lot .

In third world countries as quoted one bitcoin would give a very comfortable living. Even with signature campaign it's possible to spend on some of the regular needs.

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March 26, 2016, 04:21:28 PM
 #645

If you joined to bitcoin to earn money sure the price will matter at the end,if you are making 10 dollars a week or 100 dollars sure will affect your mind ,this will be always one of the main interest of the most.
yeah when we earn bitcoin on various roads of course we will put in the wallet and hold it for a while until the price towards the higher levels. bitcoin is a currency rate is very important


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March 26, 2016, 04:23:05 PM
 #646

I'd say that yes, it matters, because if the price reach an all-time high and is stable, you can be sure that we will have a big media attention !
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March 26, 2016, 04:32:31 PM
 #647

I'd say that yes, it matters, because if the price reach an all-time high and is stable, you can be sure that we will have a big media attention !

that's just one aspect out of many. but it has a huge impact on the price, and miners and traders, and holders will benefit from it directly. after the media attention new people will make sure the price goes up, and that will trigger people to secure their profits. just look at what happened with mtgox. the media attention made the price surge to an all time high. all the people that bought back then are now waiting to see the price go back to the +$1000 levels as they bought at the peak.
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March 26, 2016, 04:36:42 PM
 #648

I'd say that yes, it matters, because if the price reach an all-time high and is stable, you can be sure that we will have a big media attention !


When we have a media attention the price of bitcoin will surely double and many will join bitcoin.
Bitcoin prices really matters user of bitcoin depend on it.
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March 26, 2016, 04:46:40 PM
 #649

I'd say that yes, it matters, because if the price reach an all-time high and is stable, you can be sure that we will have a big media attention !


When we have a media attention the price of bitcoin will surely double and many will join bitcoin.
Bitcoin prices really matters user of bitcoin depend on it.
The price matters primarily to investors, the users who buy Bitcoin to buy other things with it will have no issue with the price, as long as they aren't holding anything when the price changes.

Everyone views the value of Bitcoin as the primary factor of its popularity, and they're not wrong. The price is really what drives a lot of investors to keep using it.
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March 29, 2016, 11:04:11 AM
 #650

The anwser to this question depends whom it concerns.
The price may matter to some a lot and not at all to others.

Same as with the question "does the rate of EUR/USD matter ?"

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March 29, 2016, 12:14:58 PM
 #651

In whatever you go for, the price has its own importance. Likewise the price of bitcoin highly important as users schedule their plans in respect to the price.

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March 29, 2016, 12:19:12 PM
 #652

In whatever you go for, the price has its own importance. Likewise the price of bitcoin highly important as users schedule their plans in respect to the price.


Yes bitcoin price is really important to its users as it will dictate if the user of the bitcoin profit from his/her investment or not.
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March 29, 2016, 12:29:26 PM
 #653

Absolutely, some of the earner depends on bitcoin for living, so if the price os higher its going to help a lot of people economic situation
for someone who works full time in bitcoin and dependent on income from bitcointo buy daily necessities. bitcoin price of course very important if the price rises would be more helpful in my finances. if the price falls of course it will impact on the my economy
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March 29, 2016, 12:44:00 PM
 #654

Absolutely, some of the earner depends on bitcoin for living, so if the price os higher its going to help a lot of people economic situation
for someone who works full time in bitcoin and dependent on income from bitcointo buy daily necessities. bitcoin price of course very important if the price rises would be more helpful in my finances. if the price falls of course it will impact on the my economy
Basically everybody wants bitcoin price go up to highest level ever and then people will start sell all bitcoin they had. For people like this and for a trader it is important.

But It is not a big deal for people who believe bitcoin is not just about value , value and value. Some people think bitcoin more likely to a perfect online payment system , global currency etc.

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March 29, 2016, 12:58:07 PM
 #655

One of the major attractive points of Bitcoin is it is an amazing speculative asset, better than gold or anything we've seen before. So yes, the price is very important, the psychological factor is too much to negate, regardless of how superior Bitcoin is as actual money/currency to the alternatives.
The combination of all the aspects of Bitcoin will make it go to 10,000$+ in the next 10 years granted.
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March 29, 2016, 01:29:36 PM
 #656

Everything that people use has its value and price and people are using bitcoin so its price does matter in their everyday life.
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March 29, 2016, 02:20:58 PM
 #657

The Bitcoin is price is really important for the people that is using Bitcoin and are planning going to use Bitcoin, you can earn some money with it.
And that is so nice that you can maybe rich with it, but of course you need to be lucky and wait a long time to be rich with it.
But you can also see it as a bonus.
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March 29, 2016, 02:28:14 PM
 #658

Everything that people use has its value and price and people are using bitcoin so its price does matter in their everyday life.

Yeah right.. almost everything in this world has a value, Some has price.. Bitcoin's price really matters,we don't want to buy and sell at a wrong time... You won't profit with that...

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March 29, 2016, 02:28:25 PM
 #659

Everything that people use has its value and price and people are using bitcoin so its price does matter in their everyday life.


Bitcoin price really matters for specially for traders who manage get their wealth from trading coins and also for miner who mine bitcoins.
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March 29, 2016, 02:29:46 PM
 #660

Everything that people use has its value and price and people are using bitcoin so its price does matter in their everyday life.

Price will always be an important factor for all the users of bitcoins as if price will fall down then people will switch to some other product for making an investment.
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