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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
vero
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September 14, 2016, 01:21:51 PM
 #1701

Of course the price of the Bitcoin matters because that decides if people are going to buy Bitcoin or not. If it is low then they are going to buy and when it is most people want to sell.
The price is the most important thing if you ask me.

Exactly, and people are investing their money into it only because its holding certain level of price, if bitcoin falls to zero level then I doubt that anyone would prefer to put their money into it.
see the magnitude the people interested with bitcoin certainly an impossible price fell to zero because it has begun many would dare put their bitcoin idle on wallet without touching them at all because they know in the future, the price of bitcoin will be much higher than now.

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September 14, 2016, 01:43:37 PM
 #1702

Of course the price of the Bitcoin matters because that decides if people are going to buy Bitcoin or not. If it is low then they are going to buy and when it is most people want to sell.
The price is the most important thing if you ask me.

Exactly, and people are investing their money into it only because its holding certain level of price, if bitcoin falls to zero level then I doubt that anyone would prefer to put their money into it.
see the magnitude the people interested with bitcoin certainly an impossible price fell to zero because it has begun many would dare put their bitcoin idle on wallet without touching them at all because they know in the future, the price of bitcoin will be much higher than now.
Well, I can say I am one of the believer that bitcoin will rise in the future, more people are adopting to bitcoins because they believe that this crypto currency will be more popular in the future, the more we are becoming popular the more people are trusting to bitcoin so the price keep increasing.

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September 14, 2016, 01:49:08 PM
 #1703

Yes and it always be because in bitcoin price we always depend if our sell our going to high or low our trading also depends on bitcoin and if bitcoin drop price then it also those alternative coins and i believe that someday bitcoin will be more and it will be famous around the world and it will help the economy grow
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September 14, 2016, 01:51:26 PM
 #1704

Yes and it always be because in bitcoin price we always depend if our sell our going to high or low our trading also depends on bitcoin and if bitcoin drop price then it also those alternative coins and i believe that someday bitcoin will be more and it will be famous around the world and it will help the economy grow

Yeah price really matters to each one of us as our decision of buying and selling will depend only on its price as we will buy only when we see lower price and sell when we are able to make profits from it.
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September 14, 2016, 01:57:32 PM
 #1705

Yes and it always be because in bitcoin price we always depend if our sell our going to high or low our trading also depends on bitcoin and if bitcoin drop price then it also those alternative coins and i believe that someday bitcoin will be more and it will be famous around the world and it will help the economy grow

Yeah price really matters to each one of us as our decision of buying and selling will depend only on its price as we will buy only when we see lower price and sell when we are able to make profits from it.

I remeber my first look at it. When I saw it got a large price I am too excited that I dont even know what to do first. I guess it will always be creating a wallet for start ups. Then when price moves like a wave I got more excited.

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September 14, 2016, 01:59:35 PM
 #1706

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

No matter if the price drops $20 or $30 in one hour but if you have patience and belief on bitcoin then you wont panic because you know it would recover that again in no time.
he's talking if the price suddenly down to $20,if you don't panic then maybe there's something wrong with your or you just don't need money anymore,this big price falling will matter so much especially if someone just need money in urgent but their money still not yet exchanged into local fiat

Just thinking about it is stressful enough. Look, miners need to pay something specially the electricity. If bitcoin mining cant provide me that, then there will be a lot of white flags that will come out. It will get exhausting again to start at a lower price.

I think most smaller miners are not mining the bitcoin any more. They are mining the altcoin at the moment.
definitely right,mining bitcoin is not profitable anymore for small miners so they will prefer mining a new coin that having low difficulties so they will get a good result and fortunately if the price were expensive,they will get instant profit

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September 14, 2016, 02:34:32 PM
 #1707

Yes and it always be because in bitcoin price we always depend if our sell our going to high or low our trading also depends on bitcoin and if bitcoin drop price then it also those alternative coins and i believe that someday bitcoin will be more and it will be famous around the world and it will help the economy grow
Yeah it does matter, im investing in bitcoin thats why i buy when the price is low and sell when became high, because of this i earn an extra money and its a big help. and i think it wont be as popular as today if the price are not changing.

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September 14, 2016, 02:54:25 PM
 #1708

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..
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September 14, 2016, 03:33:52 PM
 #1709

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.
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September 14, 2016, 03:41:24 PM
 #1710

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.
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September 14, 2016, 04:02:31 PM
 #1711

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

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September 14, 2016, 04:07:09 PM
 #1712

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

Its hard to believe that the price of bitcoin will ever stable, price fluctuations will always be a part of it and it will attract more people to invest their money who are looking for quick profits.
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September 14, 2016, 04:24:37 PM
 #1713

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

Its hard to believe that the price of bitcoin will ever stable, price fluctuations will always be a part of it and it will attract more people to invest their money who are looking for quick profits.

At this point I agree taht the price of bitcoin will not be stable, but in the future, bitcoin will hit its peak price and will play around that range. 
And yes bitcoin price do matters because it is the basis of how much i gain or lost in a trade.  Fiat/BTC or BTC/altcoin, profit is still calculated on its fiat value.
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September 14, 2016, 04:33:08 PM
 #1714

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

Its hard to believe that the price of bitcoin will ever stable, price fluctuations will always be a part of it and it will attract more people to invest their money who are looking for quick profits.

At this point I agree taht the price of bitcoin will not be stable, but in the future, bitcoin will hit its peak price and will play around that range. 
And yes bitcoin price do matters because it is the basis of how much i gain or lost in a trade.  Fiat/BTC or BTC/altcoin, profit is still calculated on its fiat value.

Yeah and I think without the price, bitcoin would be nothing, its only the price volatility that is attracting more people to invest in it so that they can make good profits on timely basis.
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September 14, 2016, 04:39:32 PM
 #1715

I'm usually look bitcoin graph before try to invest. Usually I'm spending about 10-15 % of my salary !
So when bitcoin reach preferred value, I try to made quick profit otherwise I will just wait for next halving


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September 14, 2016, 04:50:28 PM
 #1716

Yes it really matters as larger price means better bitcoin economy
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September 14, 2016, 06:21:42 PM
 #1717


Yeah and I think without the price, bitcoin would be nothing, its only the price volatility that is attracting more people to invest in it so that they can make good profits on timely basis.

Bitcoin is nothing without a price? You are absolutely wrong. Bitcoin is worth cents in the past, so why people still entered this currency?

Also bitcoin was made to have such unique feature in doing online transaction so still bitcoin is useful in many ways even it was introduced with small price value and never had manipulated.
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September 14, 2016, 06:22:19 PM
 #1718

To me it definitly matters.

If it didn't how else would I know when to trade/buy/sell/dump/pump

Wouldn't make sense to me, but I guess from I could understand from someone elses point of view that if they're not doing any of the above they could just keep it in a wallet and leave it there.
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September 14, 2016, 06:27:13 PM
 #1719

I'm usually look bitcoin graph before try to invest. Usually I'm spending about 10-15 % of my salary !
So when bitcoin reach preferred value, I try to made quick profit otherwise I will just wait for next halving
I think its more good thing to do buy and buy more bitcoin because the price will increase more soon
We are not fortune teller its just my speculation the price of bitcoin is not so very stable.
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September 15, 2016, 12:19:29 AM
 #1720

I'm usually look bitcoin graph before try to invest. Usually I'm spending about 10-15 % of my salary !
So when bitcoin reach preferred value, I try to made quick profit otherwise I will just wait for next halving
I think its more good thing to do buy and buy more bitcoin because the price will increase more soon
We are not fortune teller its just my speculation the price of bitcoin is not so very stable.

I agree whenever you are going to see the price of bitcoin at low price then don't wait for the price to increase instead go buy now.

And the price itself is making the cycle of bitcoin in the market because if bitcoin is no value at all then it is totally useless and we are not going to use.

We are going to abandon it for real and won't waste time that is not going to give us benefits, price really matters.

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