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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
Pattart
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April 05, 2016, 01:43:27 AM
 #721

It is undoubted that bitcoin has an inherent value, but perhaps it only can be appreciated by some specialist. The vast majority of common people is unfortunately subjected to the economic demands of modern society where the ideologisms have no place, and we need to spend our time and money looking for the better options in terms of value to get a benefit, and in this case bitcoin is not an exception.

Just look at the market price, its very accurate. Currently bitcoin is worth 410$, and it does matter.

If it were 1 million $, you would be happier!

I guess he is talking those who are loving bitcoin in a different matter. That is why there is that "specialist" there. Well maybe I am with the common people but I dont care much. I love bitcoin in my own way.
people differ in terms of the preferred favorite of bitcoin. many people have liked bitcoin because of their high price. I was also to have something more in love than that. ie decentralized system.
Everyone has their own way to love bitcoin. not only on the price dude
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April 05, 2016, 02:43:51 AM
 #722

bitcoin prices are paramount owned bitcoin. because without the high prices probably nobody will use bitcoin again
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April 05, 2016, 06:51:47 AM
 #723

It is the least important number for me.
What is the price? Really its a guess at value, and the price at an exchange reflects an aggregate of peoples perception of value. When we were rallying up to $1000 there was a great deal of speculation that we were about to go way up. But those guesses were wrong. Now we have fallen to a place that, for the moment, seems to support a valuation of $240. That is much more in line with the current use and scale of bitcoin. So if price is a guess, although our best one, why not look at something that is a fact instead?


Far more predictive numbers include:
1. number of venders that accept BTC
2. amount of capitol investment
3. number of markets exploiting BTC potential (online retail, remittance, etc.)
4. number of people and institutions using BTC

I agree with your points but price is a very easy way to get at your more predictive numbers.  I think it matters quite a bit for miners and for conveying that bitcoin is a serious technology.

I don't understand how you think the price matters to show it is a serious technology, would you please explain so I can understand? Yes I agree it matters to miners but anyone else who has not invested more than they can afford to lose it should not really matter as long as the tech is still going no matter the price I will be here for as long as the blockchain and community is here.

For me price really matters because if u buy btc at the low price for past few years u really earn more by this time. And the bigger the price the higher difficulty to mine by miners. And  if y stake now u will be get profit as experts says it will reach to 600$ per 1 btc

NewInCryptoCurrency
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April 05, 2016, 08:04:01 AM
 #724

of course it matters, its not the same if its 100$ or 10000000000000$

do you think its the same? Cheesy
Lol of course it is not the same, people will choose the higher prices in bitcoin is different with the buyer bitcoin, of course they need a low price and then up.
but the price is not an issue when you're in need of urgent cash, you're going to sell bitcoin at a fairly low price is not an issue

The price of Bitcoin is really important for the people who use Bitcoin, because if the value is not high than nobody wants to use it so it must be important.
You can even be rich with the price with Bitcoin if you are waiting long enough and if you are doing good and not spend it to wasted stuff.
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April 05, 2016, 12:18:41 PM
 #725

bitcoin prices are paramount owned bitcoin. because without the high prices probably nobody will use bitcoin again

True. True. So many that I have heard stopped due to the big fall from $1000 dollars to a very low price.

Just thinking about that. You would know that price matters.
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April 05, 2016, 12:27:29 PM
 #726

It is undoubted that bitcoin has an inherent value, but perhaps it only can be appreciated by some specialist. The vast majority of common people is unfortunately subjected to the economic demands of modern society where the ideologisms have no place, and we need to spend our time and money looking for the better options in terms of value to get a benefit, and in this case bitcoin is not an exception.

Just look at the market price, its very accurate. Currently bitcoin is worth 410$, and it does matter.

If it were 1 million $, you would be happier!

I guess he is talking those who are loving bitcoin in a different matter. That is why there is that "specialist" there. Well maybe I am with the common people but I dont care much. I love bitcoin in my own way.

what kind of love is that mate  Wink i usually used bitcoin to gamble and experiment with it, trying out new markets and exchanges, never had any intentions till now to convert to fiat,might do so in future if the price is good. Most of the time i will loose coins gambling  Grin
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April 05, 2016, 04:26:58 PM
 #727

Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.
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April 05, 2016, 07:34:39 PM
 #728

Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.

Even for 1 bitcoin 400 or 350 dollars matter cause 50$ is 1/8 part of bitcoin, it's money too and i think that price is matter too.

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April 05, 2016, 11:13:07 PM
 #729

Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.

Even for 1 bitcoin 400 or 350 dollars matter cause 50$ is 1/8 part of bitcoin, it's money too and i think that price is matter too.
the price matter because we can know the succes of bitcoin with his price and even so the price will attrack more user bitcoin and that will help bitcoin to get populaire. that is why price of bitcoin matter.

For rent 1.4 Bitcoin for 11 months starting Feb 1 2017
joinal
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April 05, 2016, 11:21:10 PM
 #730

bitcoin prices are paramount owned bitcoin. because without the high prices probably nobody will use bitcoin again
yes prices such as the heart of bitcoin, if a human heart taken he would certainly die? just like bitcoin if bitcoin bitcoin has no price ceratily bitcoin would be dead,
so we should strive to bitcoin prices remained relatively robust, how to do that ?

blackmachinegun
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April 05, 2016, 11:54:51 PM
 #731

It is undoubted that bitcoin has an inherent value, but perhaps it only can be appreciated by some specialist. The vast majority of common people is unfortunately subjected to the economic demands of modern society where the ideologisms have no place, and we need to spend our time and money looking for the better options in terms of value to get a benefit, and in this case bitcoin is not an exception.

Just look at the market price, its very accurate. Currently bitcoin is worth 410$, and it does matter.

If it were 1 million $, you would be happier!
yeah many people concerned about the current price. many people who say that. $ 410 price is still much too small for bitcoin. so they expect prices could rise as halving arrived. This proves that. they are hopeful for the price can be high. so that they could achieve a profit. the price is very important
goinmerry
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April 06, 2016, 05:53:16 AM
 #732

Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.

Cool guy. Very intelligent in making decisions. Thank you for sharing your exceptional goal. Just let it marinade in your wallet and soon you will have a lot of profit with a good price.
romero121
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April 06, 2016, 10:07:09 AM
 #733

Well im collecting bitcoins without search a lot of its price,the fact that i can exchange it into fiat anytime and put my extra into the savings is good.I dont do this because i prefer to invest and its bringing me good results soo i wont let it to the bank ,not now,in the end matters if you are going to sell 100btc for 400 or 350 dollars.

Cool guy. Very intelligent in making decisions. Thank you for sharing your exceptional goal. Just let it marinade in your wallet and soon you will have a lot of profit with a good price.

That is not fair. It matters a lot even if a single coin is sold. Bitcoin as a bulk will give reduced profit if selling done at low price, if few coins were sold the price might affect daily life comfort.
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April 06, 2016, 10:40:16 AM
 #734

bitcoin prices are paramount owned bitcoin. because without the high prices probably nobody will use bitcoin again

True. True. So many that I have heard stopped due to the big fall from $1000 dollars to a very low price.

Just thinking about that. You would know that price matters.

people that indeed have been stopped with bitcoin due to the all time high peak got dumped down real hard, simply don't know how markets work. it was manipulation from the highest level. people at that time were driven by greed and bought at +$1000 levels hoping to double their money in a short time. it doesn't work like that. when a hot air peak has reached its high, then it will come down again. it's not that hard to understand this, am i right? you just need to think before acting. if you buy at a peak, you have to accept the consequences of seeing the value drop significantly. a price can't only keep going up.
ronaldinho_07
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April 06, 2016, 05:44:42 PM
 #735

Well the price affect your choose to buy or to sell for sure,but if you are just collecting it i believe it will matter when you think to exchange it,otherwise you will say well i got 4 btc and i wanna more 6 btc currently the value is 400 dollars soo i hold something like 1600 dollars ,if you exchange sure it will matter.I remember i had bought some bitcoin at the value of 250 then i were able to resell them for the 300 value and the next week it had achieved the 400 dollars in that case it matter i were pissed to miss the opportunity to almost double my income.
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April 06, 2016, 05:46:56 PM
 #736

Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.
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April 06, 2016, 08:20:27 PM
 #737

Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.
i doubt that the price is the most important factor ever right now as people also want bitcoin to be accepted by other companies and so on

for me personally bitcoin price is not that important, im not even checking it from time to time, last time i did that was about a week ago, now im focusing on telling people about it and trying to buy as much bitcoins as possible and hold it alll
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April 06, 2016, 10:26:17 PM
 #738

Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.
i doubt that the price is the most important factor ever right now as people also want bitcoin to be accepted by other companies and so on

for me personally bitcoin price is not that important, im not even checking it from time to time, last time i did that was about a week ago, now im focusing on telling people about it and trying to buy as much bitcoins as possible and hold it alll

Well you are difusing ,promoting bitcoin,arent you saying to them to buy because price will go up?If you doing such you may be getting your family into troubles,if the bump dont happens,i dont care at all the value as i wanna to invest my bitcoins into a project .
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April 07, 2016, 04:41:28 AM
 #739

Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.


cool guy I agree with you  price is the most important factor in bitcoin which customer working on  the  bitcoin  every body is the price of bitcoin matter what time is increase and what time is decrease money on the bitcoin no customer know about it that is bitcoin mater

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April 07, 2016, 05:07:32 AM
 #740

Price is the most important factor in bitcoin and it matters a lot to the normal users like us who are busy in earning their coins by working on various options available.

Damn true. Investors also think about that of course. They also want their precious bitcoins to grow in price. As long as you have this coin you will always expect for a better price.
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