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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
azguard
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September 26, 2016, 11:30:03 AM
 #1801

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

I dont think people will convert all bitcoins to fiat if the price falls but there are people always waiting for the price to drop so that they can buy more bitcoins because they believe it will grow again and they will earn profits with it, and that is why price matters in bitcoin.

some even do sell/buy for small change if they have plenty income can be huge per day but if you have small amount this may not be good
but for rest price is that matter the higher it is the better



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September 26, 2016, 11:33:56 AM
 #1802

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Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.




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September 26, 2016, 03:59:10 PM
 #1803

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.

Indeed but probably not USD cause if bitcoin overtakes USD it's bye bye to USD for good. But yeah the price of bitcoin does matter cause the price of bitcoin shows how valuable the currency is. Higher price means bitcoin are worth more and bigger, and less price is vice versa.
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September 26, 2016, 05:34:26 PM
 #1804

If you are accepting bitcoin in terms of fiat and keep those bitcoin for longer term than price may matter but for day to day uses it may not matter much. The one holding very large amount of bitcoin get so much effected by bitcoin price.
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September 26, 2016, 05:44:06 PM
 #1805

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Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.





Lol, both are same man! By price he probably does not mean the word price, but he means the ups and downs in price, and that is all matters in bitcoin i guess because everyone comes towards bitcoin to gain profits and if the price stays the same there wont be any profits until someone is earning them.
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September 26, 2016, 06:26:31 PM
 #1806

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Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.





Lol, both are same man! By price he probably does not mean the word price, but he means the ups and downs in price, and that is all matters in bitcoin i guess because everyone comes towards bitcoin to gain profits and if the price stays the same there wont be any profits until someone is earning them.

I'm glad making you lolling...(lol)

I dream of an unchanging bitcoin price...it would be so simpler with my U2 system for my members.

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September 26, 2016, 08:04:18 PM
 #1807

It matters when you bought in the 1k+ range
well yeah if you actually bought it on a really big price then it surely matters as you would have lost a lot then

If it is the other way around and you bought a couple of thousands bitcoin below $5 you're a rich man.

Its  just assuming. lol. but there are really people who bought  on a certain price. Bitcoins price do really matters nowadays because if people would saw bitcoin price is  high for sure  many would be interested into it and also it would make decent incomes to those who work for bitcoins.
yes i agree, but i think the price is still decent to buy because it can really give you a good profit in the end, therefore my suggestion is to invest in bitcoin even in the present price.
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September 26, 2016, 08:06:37 PM
 #1808

It matters when you bought in the 1k+ range
well yeah if you actually bought it on a really big price then it surely matters as you would have lost a lot then

If it is the other way around and you bought a couple of thousands bitcoin below $5 you're a rich man.

Its  just assuming. lol. but there are really people who bought  on a certain price. Bitcoins price do really matters nowadays because if people would saw bitcoin price is  high for sure  many would be interested into it and also it would make decent incomes to those who work for bitcoins.
of course it matters, the bigger it is the more people get into bitcoins and make you more money
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September 26, 2016, 08:06:53 PM
 #1809

I think that the price of bitcoin does matter to both investors and people who use it as a currency. This is because investors would want to buy when the price is low and sell when the price is high. People who want to use bitcoin as a currency would want to adjust the amount of bitcoin they spend to correspond to the price in fiat(if an item costs $50, they'd have to send $50 worth of bitcoins or 0.08226 BTC for example)
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September 26, 2016, 09:27:47 PM
 #1810

I think that the price of bitcoin does matter to both investors and people who use it as a currency. This is because investors would want to buy when the price is low and sell when the price is high. People who want to use bitcoin as a currency would want to adjust the amount of bitcoin they spend to correspond to the price in fiat(if an item costs $50, they'd have to send $50 worth of bitcoins or 0.08226 BTC for example)

Yes indeed it does a lot because of the fact that we can than see the price and buy or not buy, without a price there where no investors and the bitcoin would also not come very far than.
It really needs a price otherwise it will fall..
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September 27, 2016, 12:55:43 AM
 #1811

I do think that the price matters for us all but we still have to see what is gonna happen with the bitcoin also.
I think that the price is very important for us because we buy and sell on it.


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September 27, 2016, 03:10:14 AM
 #1812

I do think that the price matters for us all but we still have to see what is gonna happen with the bitcoin also.
I think that the price is very important for us because we buy and sell on it.

Price is really important not just with bitcoin but for anything that has value because it is the one that is going to tell how precious and how much is the value of a thing. So price of bitcoin really matters because the investors are seeing the fluctuation of bitcoins price into high price and that is going to make them more interested.

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September 27, 2016, 03:23:20 AM
 #1813

I do think that the price matters for us all but we still have to see what is gonna happen with the bitcoin also.
I think that the price is very important for us because we buy and sell on it.

What ever it is, price really matter, it will be useless if it has no price, except if it is a memorabilia then it will be priceless..So bitcoin really need a value in dollar, since it is where we usually use our bitcoin earnings...   Smiley
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September 27, 2016, 07:39:22 AM
 #1814

I do think that the price matters for us all but we still have to see what is gonna happen with the bitcoin also.
I think that the price is very important for us because we buy and sell on it.

What ever it is, price really matter, it will be useless if it has no price, except if it is a memorabilia then it will be priceless..So bitcoin really need a value in dollar, since it is where we usually use our bitcoin earnings...   Smiley
Due to the fact that we are dependent in fiat value, the price really matters, maybe in the future when we are independent and we have a huge no. of adopters it would be another way to determine the value of what we are holding, but I doubt it will happen soon because it is hard to beat fiat.

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September 27, 2016, 08:03:38 AM
 #1815

It matters when you bought in the 1k+ range
well yeah if you actually bought it on a really big price then it surely matters as you would have lost a lot then

If it is the other way around and you bought a couple of thousands bitcoin below $5 you're a rich man.

Its  just assuming. lol. but there are really people who bought  on a certain price. Bitcoins price do really matters nowadays because if people would saw bitcoin price is  high for sure  many would be interested into it and also it would make decent incomes to those who work for bitcoins.
yes i agree, but i think the price is still decent to buy because it can really give you a good profit in the end, therefore my suggestion is to invest in bitcoin even in the present price.
yes i also agree with you that still it is good time to buy bitcoin because it is expecting that the price of bitcoin will increase to high in next few months, and may be cross 1200$ dollar.
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September 27, 2016, 08:15:08 AM
 #1816

I do think that the price matters for us all but we still have to see what is gonna happen with the bitcoin also.
I think that the price is very important for us because we buy and sell on it.

Price is really important not just with bitcoin but for anything that has value because it is the one that is going to tell how precious and how much is the value of a thing. So price of bitcoin really matters because the investors are seeing the fluctuation of bitcoins price into high price and that is going to make them more interested.
most people will say yes bitcoin price are really important ,
only few people who can understand the real essential of bitcoin creation ,
satoshi himself known want bitcoin could change the economy world ,
we may not ready yet to learn more to that level.
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September 27, 2016, 08:16:28 AM
 #1817

of course its matter. if bitcoin havent price im sure everyone will not join
The price is almost everything because it decides so much on Bitcoin. If Bitcoin had a stable currency then I am sure that no one would use it.
The fact that the price changes up and people can use it like a currencies is what making it popular.

Yeah ofcourse becausr of its price it became popular and the price of bitcoin attracts me thats why im using it , bitcoin price really tells its track because it can be attractable to people global it can raise awareness online and for its price it can have factor on economy.

Indeed higher price means the coin is valued more so it's bigger. If you see low prices then obviously it's worth a lot less so higher prices will reflect that it's going good for bitcoin.
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September 27, 2016, 08:54:15 AM
 #1818

of course its matter. if bitcoin havent price im sure everyone will not join
The price is almost everything because it decides so much on Bitcoin. If Bitcoin had a stable currency then I am sure that no one would use it.
The fact that the price changes up and people can use it like a currencies is what making it popular.

Yeah ofcourse becausr of its price it became popular and the price of bitcoin attracts me thats why im using it , bitcoin price really tells its track because it can be attractable to people global it can raise awareness online and for its price it can have factor on economy.

Indeed higher price means the coin is valued more so it's bigger. If you see low prices then obviously it's worth a lot less so higher prices will reflect that it's going good for bitcoin.
Its not the case that the price of bitcoin will be increase more if bitcoin will be popular bitcoin price is depends in demand and supply if more buyers for bitcoin and low supply or sellers the price will increase. this is why the price of bitcoin is increase because many investors are buying more bitcoins and they are relaying inflation.
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September 27, 2016, 08:56:38 AM
 #1819

I think that the price of bitcoin does matter to both investors and people who use it as a currency. This is because investors would want to buy when the price is low and sell when the price is high. People who want to use bitcoin as a currency would want to adjust the amount of bitcoin they spend to correspond to the price in fiat(if an item costs $50, they'd have to send $50 worth of bitcoins or 0.08226 BTC for example)
I think any concern for either you use bitcoin as an investment or currency, price or rate of bitcoin will be very important? certainly all users will be more than happy when the price is high enough. certainly it will give any advantage goal in bitcoin, so the price is very important
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September 27, 2016, 08:58:54 AM
 #1820

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

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.

Off course does the price of the bitcoin matters do you really know what about the bticoin or are you just argumenting about it i dont think allot of peole know allot of the bitcoin right now.
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