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Author Topic: Does the Price of Bitcoin Matter?  (Read 304501 times)
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June 18, 2016, 11:10:35 AM
 #1361

The price is the perfect replication of a certain things to be considered as valuable, like gold, the price is high so it is called valuable and we want to have gold as our investment for a guaranteed money. On the other hand, bitcoins is so valuable that we need to focus on our investment with it now, the price is rising and will not falling down again.

 
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June 18, 2016, 01:00:07 PM
 #1362

For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.

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June 18, 2016, 01:59:02 PM
 #1363

For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.

Yeah I'm checking bitcoins price as I go online. Because price really matters and the price is the one why bitcoin is circulating in the market.
Because the price tells something about it's value. And without price then bitcoin would be nothing and no one will give attention to it.
And it is the one needed in the market so bitcoins price really matters.

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June 18, 2016, 02:08:28 PM
 #1364

For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.

Yeah I'm checking bitcoins price as I go online. Because price really matters and the price is the one why bitcoin is circulating in the market.
Because the price tells something about it's value. And without price then bitcoin would be nothing and no one will give attention to it.
And it is the one needed in the market so bitcoins price really matters.

Bitcoin price really does matter. If the price is very low no one will invest in bitcoins. It is the high price of bitcoins which is keeping the interest of the people in this coin. I also check daily the price and decide on the trading decisions whether to buy or sell.

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June 19, 2016, 12:22:04 AM
 #1365

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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the users
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us

 
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June 19, 2016, 01:14:27 AM
 #1366

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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the users
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us

Exactly, with the price now, we can expect that more miners will join as they will be operating with a great profit. That would make the blockchain more safe and fast with the thousands of transactions. It is very important especially when there are major merchant that will adopt bitcoins.

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June 19, 2016, 01:15:28 AM
 #1367

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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the users
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us

Exactly, with the price now, we can expect that more miners will join as they will be operating with a great profit. That would make the blockchain more safe and fast with the thousands of transactions. It is very important especially when there are major merchant that will adopt bitcoins.

Except the halvening is right around the corner?? this seems very discouraging to miners to me  Huh
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June 19, 2016, 01:19:11 AM
 #1368

Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the users
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us
[/quote]
Technically more miners does not mean more security. The only real security threat there is is of a 51% attack last that I knew. The amount of miners is not really relevant anymore as it was in the beginning days. In speculation obviously the price matters, and this can cause more people to want to buy into Bitcoin, but it can also hurt it because people will buy in expecting a lot of money and then get crushed by not knowing how to trade. As a currency the price does not matter at all. It just means more coins would flow per transaction.
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June 19, 2016, 02:46:23 AM
 #1369

The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
yeah because bitcoin is a currency and a commodity then a rate or price will be the most important factor to determine the life of bitcoin. yeah the price is very important

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June 19, 2016, 04:18:20 AM
 #1370

The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
yeah because bitcoin is a currency and a commodity then a rate or price will be the most important factor to determine the life of bitcoin. yeah the price is very important
For the the price and the no. of users will matter, the price is only base on the actions of the users, if the demand will increase the price will e affected and it is good that we see bitcoins demand is increasing so we could see a good price in the future.

 
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June 19, 2016, 01:18:27 PM
 #1371

I think the price of Bitcoin matter.  We use Bitcoin as currency so it's value (price) really matter.  It would be nice if we can buy lots of stuff with a fraction of bitcoin.  We see it as investment due to its volitality.  If we bought it at around 200 USD and then after sometime it reaches 700 USD,  am sure we will be very happy, Besides we wont invest if we see Bitcoin price go down in the future, rather wait for that time and get in.

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June 19, 2016, 03:52:15 PM
 #1372

I think the price of Bitcoin matter.  We use Bitcoin as currency so it's value (price) really matter.  It would be nice if we can buy lots of stuff with a fraction of bitcoin.  We see it as investment due to its volitality.  If we bought it at around 200 USD and then after sometime it reaches 700 USD,  am sure we will be very happy, Besides we wont invest if we see Bitcoin price go down in the future, rather wait for that time and get in.
Therefore the price matters most to the investors who likes for the price to go up to profit, but for people who only use bitcoins for their daily expenditures and without even thinking of investing then it would not affect them as long as they can benefit the use of blockchain for their online business.

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co5hike
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June 19, 2016, 03:54:44 PM
 #1373

I think the price of Bitcoin matter.  We use Bitcoin as currency so it's value (price) really matter.  It would be nice if we can buy lots of stuff with a fraction of bitcoin.  We see it as investment due to its volitality.  If we bought it at around 200 USD and then after sometime it reaches 700 USD,  am sure we will be very happy, Besides we wont invest if we see Bitcoin price go down in the future, rather wait for that time and get in.
Therefore the price matters most to the investors who likes for the price to go up to profit, but for people who only use bitcoins for their daily expenditures and without even thinking of investing then it would not affect them as long as they can benefit the use of blockchain for their online business.

Its only the price that is attracting people towards it and price fluctuations allows people to make quick profits in short term, so if there is no price there will be no bitcoin in future.
tn211
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June 20, 2016, 08:15:16 AM
 #1374

The price of Bitcoin is really important and that is because you have to know that the price is making your profit so that is the most important thing in Bitcoin,
And it will be really hard to know what the price will be in the future and that is also the risky thing.
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June 20, 2016, 08:48:25 AM
 #1375

Of course the price for bitcoin matters for the people, especially who invest in Bitcoins and base their business on it. I'm not one of them, but for me it also maters, cause with rising price of bitcoin my savings in bitcoin are also rising. And nowadays when bitcoin is rising as crazy it's more important to me.
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June 20, 2016, 09:08:30 AM
 #1376

Of course the price for bitcoin matters for the people, especially who invest in Bitcoins and base their business on it. I'm not one of them, but for me it also maters, cause with rising price of bitcoin my savings in bitcoin are also rising. And nowadays when bitcoin is rising as crazy it's more important to me.

It is like it is the first priority now for bitcoin holders waiting for a good price. Some dont look that way in wanting bitcoin. The value of it as it grows and how the government and other sectors will accept it.

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avw1982
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June 20, 2016, 09:23:20 AM
 #1377

The price of Bitcoin is really important and that is because you have to know that the price is making your profit so that is the most important thing in Bitcoin,
And it will be really hard to know what the price will be in the future and that is also the risky thing.

It matters of course, because you can see that the value of Bitcoin is important to all of us that is using Bitcoin, if the value isnt important than nobody will use Bitcoin so it must be. Some people are now hating on the price because the value is not that high now and they want to make some profit in fast time but it needs time to rise...
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June 20, 2016, 09:24:01 AM
 #1378

It matters a lot in my eyes because it has such a good future and you can such much profit with just holding it.
In my eyes its better than any other investment.
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June 20, 2016, 11:44:25 AM
 #1379

It matters a lot in my eyes because it has such a good future and you can such much profit with just holding it.
In my eyes its better than any other investment.

Yes bitcoin is the best investment for future and I think this is the right time to invest as price is still affordable if we are planning for long term investment in bitcoin.

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June 20, 2016, 11:59:53 AM
 #1380

It matters a lot in my eyes because it has such a good future and you can such much profit with just holding it.
In my eyes its better than any other investment.

Yes bitcoin is the best investment for future and I think this is the right time to invest as price is still affordable if we are planning for long term investment in bitcoin.

right now is just a normal time to enter the market as the price has gone up significantly already. best times were when the price was between $300-$400. if you bought at these prices and kept holding your coins till now, then you would have made a more than decent profit in less than a year. where else do you find such a great yielding investment?
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