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Author Topic: Does the Price of Bitcoin Matter?  (Read 304501 times)
tampazeus
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October 03, 2016, 10:10:25 AM
 #1881

For me the price of bitcoin is really matter for bitcoin. The high price on bitcoin is why people want use bitcoin imo. If the price of bitcoin going down, i'm sure many people will not use bitcoin anymore.
Yes even I have the same feeling that people are investing their money into it only by looking at the price that it holds, if there is no price of bitcoin then none of them will bother about bitcoins.
blackmachinegun
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October 03, 2016, 10:27:17 AM
 #1882

The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.
bitcoin agreed price becomes the most important thing in his own bitcoin. all users need a bitcoin bitcoin prices to continue using bitcoin. especially high prices maybe it will make a lot of people interested in using bitcoin, the price is very important for bitcoin
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October 03, 2016, 10:31:12 AM
 #1883

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.
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October 03, 2016, 11:02:02 AM
 #1884

For me the price of bitcoin is really matter for bitcoin. The high price on bitcoin is why people want use bitcoin imo. If the price of bitcoin going down, i'm sure many people will not use bitcoin anymore.
Yes even I have the same feeling that people are investing their money into it only by looking at the price that it holds, if there is no price of bitcoin then none of them will bother about bitcoins.

Yeah, for now we base the value of everything with their equivalent value in US dollars. So we know that bitcoin have a good value if it costs more. Maybe someday, if bitcoin becomes more powerful, we can say something is valuable with how much bitcoin it costs.
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October 03, 2016, 11:12:23 AM
 #1885

For me the price of bitcoin is really matter for bitcoin. The high price on bitcoin is why people want use bitcoin imo. If the price of bitcoin going down, i'm sure many people will not use bitcoin anymore.
Yes even I have the same feeling that people are investing their money into it only by looking at the price that it holds, if there is no price of bitcoin then none of them will bother about bitcoins.

Yeah, for now we base the value of everything with their equivalent value in US dollars. So we know that bitcoin have a good value if it costs more. Maybe someday, if bitcoin becomes more powerful, we can say something is valuable with how much bitcoin it costs.

I think the price right now is already valuable to me because it is really high for me because i dont really expect more with the price i just go with the flow Cheesy Bitcoin really help me a lot in my daily living so bitcoin is very valuable to me

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October 03, 2016, 11:25:43 AM
 #1886

Those who think its expensive now, its the same complaint you hear back in 2008ish when it 1st started for several cents.

Then hit its first 100 marker.. its the same way.

History always repeats and its cause we have a huge financial flaw in our current system - so for someone to say its expensive they are just mis educated on the current financial system.
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October 03, 2016, 11:46:39 AM
 #1887

Those who think its expensive now, its the same complaint you hear back in 2008ish when it 1st started for several cents.

Then hit its first 100 marker.. its the same way.

History always repeats and its cause we have a huge financial flaw in our current system - so for someone to say its expensive they are just mis educated on the current financial system.

Very well said, if they will look at the history of bitcoin even this year only they can tell that bitcoin will continue to progress, we can tell it already base on the trend, we have witness in the past month the big crisis but now we are still alive and progressing, that is why I believe bitcoin is so powerful.

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October 03, 2016, 11:52:58 AM
 #1888

It's not a big deal because we all know that it is just for temporary. Bitcoin price will go up high again in the near future. All we have to do is to wait and when that happens we all going to have a huge profit from it, so it's worth the wait. Just save your bitcoins and grow it more than to use it on gambling which only consume our bitcoins in no time.

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October 03, 2016, 12:06:08 PM
 #1889

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

the price doesn't affect you at all when you don't sell your coins. as long as you are holding everything, then you won't be affected by price changes. just make sure you don't panic sell your coins in times where the price goes down heavily.
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October 03, 2016, 12:06:19 PM
 #1890

It's not a big deal because we all know that it is just for temporary. Bitcoin price will go up high again in the near future. All we have to do is to wait and when that happens we all going to have a huge profit from it, so it's worth the wait. Just save your bitcoins and grow it more than to use it on gambling which only consume our bitcoins in no time.

Very well said.  Grin Saving and growing it more should be our priority for now. There is still a lot of bitcoin out there that is not owned by anyone. So we better take those and that will also increase it price if all are being used or stored.

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October 03, 2016, 12:43:38 PM
 #1891

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

Well the many bitcoins you are holding the smaller fluctuation matters. So for example you are holding 5 bitcoins and there is a $1 movement that increases then that is going to be a good indication that you are going to get profit and that has a big impact and the same thing if the price is going to fall even small price of dump has going to make big impact.

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October 03, 2016, 12:45:58 PM
 #1892

IMO it doesn't matter if the price of bitcoin is cheap or high as long as im earning it for free and i can sell it easily then im happy what ever the bitcoin price is because we can sell it whenever we want or we can hold it wating for the right time to sell our bitcoins right?

For me the price of bitcoin really does matter and it is more important if the price of bitcoin is going to be high because I am one of the bitcoin holders.

I am very cautious when the price is very low and it makes me very sad when seeing the price of bitcoin falls. So it is really important to see that the price of bitcoin to become on higher state.


It is really important if you guys are trader and you the bitcoin price there are so much important but for me that i am not a trader and i do earnings daily the price of the bitcoin is really don't matter and i don't care if the bitcoin will drop the price atleast i still earning from my work
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October 03, 2016, 06:26:32 PM
 #1893

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

Say that a person gets their paycheck in Bitcoins every week.  They make $700 a week and on Saturday, which is payday they receive 1 BTC as their pay, because BTC is at $700 that day.  Like some people that are not in dire straits, they know the money is there, but do not jump to do anything and have their weekend.

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October 03, 2016, 06:30:29 PM
 #1894

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

Say that a person gets their paycheck in Bitcoins every week.  They make $700 a week and on Saturday, which is payday they receive 1 BTC as their pay, because BTC is at $700 that day.  Like some people that are not in dire straits, they know the money is there, but do not jump to do anything and have their weekend.

Come Monday, they go to work and then Monday night, after settling in they go to move the paycheck into FIAT and their bank.  Since Saturday, the price dropped to $650 and now they have lost a full $50 bill.

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audaciousbeing
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October 03, 2016, 06:44:36 PM
 #1895

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

The same way it matters to you, it matters to everyone because the price of bitcoin basically affects our decision whether as a trader, you want to be concerned about the price you want to sell or buy. As a service provider, you want to be sure of the amount you want to price your gigs and the likes even from sig campaigns I want to know how much I will be earning on average. So the price basically determines our decisions and that makes it not only matter but equally important.
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October 03, 2016, 08:44:16 PM
 #1896

Sure, if you are actively using your bitcoin the price is very important because you can make an instant profit or loss with your bitcoin. But if you are acting like an investors you can wait for years and in my case, being an investors, the daily price is not important at all.
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October 03, 2016, 10:36:50 PM
 #1897

Im closing some deals with the developer i had hired, and even with me paying for the service with bitcoins we do agree into a dollar value, soo i make the deposit into the escrow and wait project be ready, if the price drops isnt my fault and i might deposit the difference but, usually we do agree the value on the day of the transaction, soo if bitcoin mooves down he loose if mooves up i loose, we know the risks.
Soo in the end the price will always make a difference for me or him, at any transaction we do make.
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October 03, 2016, 11:12:30 PM
 #1898

Well yes the price of bitcoin surely matters to me and i think to most of the users but still it doesnt affect me that much.It will effect me alot only there is a big change in the price of bitcoin.For small fluctuations it doesnt matter much.

the price doesn't affect you at all when you don't sell your coins. as long as you are holding everything, then you won't be affected by price changes. just make sure you don't panic sell your coins in times where the price goes down heavily.

But even those people are also affected by the price who do not sell their coins because they will get a great difference in paying their bitcoins while shopping with their bitcoins. If the price will be higher then they will have tp pay a smaller amount of bitcoins and if the price will be lower then they will have to pay a higher amount of bitcoins.

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October 04, 2016, 12:13:46 AM
 #1899

Sure, if you are actively using your bitcoin the price is very important because you can make an instant profit or loss with your bitcoin. But if you are acting like an investors you can wait for years and in my case, being an investors, the daily price is not important at all.

Well for me I can say that price do really matters and investors loves this type of movement of price with bitcoin. Because they are not going to risk their capital for this type of crypto currency if they are not going to earn good profit with it so they can see that even though they are just going to wait for the price increase they are going to earn.
in fact many people are eagerly looking for bitcoin bitcoin prices are high. the higher the price the higher the bitcoin their zeal to seek bitcoin. Well, I myself feel it, because if the price of bitcoin down, my spirit sometimes decreased, but I'm still going to look for bitcoin is therefore very important to me.
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October 04, 2016, 12:53:11 AM
 #1900

Sure, if you are actively using your bitcoin the price is very important because you can make an instant profit or loss with your bitcoin. But if you are acting like an investors you can wait for years and in my case, being an investors, the daily price is not important at all.

Well for me I can say that price do really matters and investors loves this type of movement of price with bitcoin. Because they are not going to risk their capital for this type of crypto currency if they are not going to earn good profit with it so they can see that even though they are just going to wait for the price increase they are going to earn.
in fact many people are eagerly looking for bitcoin bitcoin prices are high. the higher the price the higher the bitcoin their zeal to seek bitcoin. Well, I myself feel it, because if the price of bitcoin down, my spirit sometimes decreased, but I'm still going to look for bitcoin is therefore very important to me.

We have the same feeling whenever there is small price decrease I feel really sad and bad about it. So that really means that we are affected by the price of bitcoin and it really matters.  But I hope that the price is not going to decrease anymore but will just going to keep on increasing so that all of us will benefit it.

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