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Author Topic: Does the Price of Bitcoin Matter?  (Read 304499 times)
shyich03
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November 07, 2016, 04:20:43 AM
 #2201

If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
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November 07, 2016, 04:58:51 AM
 #2202

If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.

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November 07, 2016, 05:04:38 AM
 #2203

If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.

Price of course matter to any cryptocoin this includes bitcoin. we wouldn't be buying some tokens if we see bitcoin is rising to 1000USD. You would be noticing its price when most coins are going down while btc is rising or altcoins are rising because btc value is going down.
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November 07, 2016, 07:28:23 AM
 #2204

The price of Bitcoin will make a difference as long as it will grow and fluctuate.

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November 07, 2016, 08:29:11 AM
 #2205

If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.

Price of course matter to any cryptocoin this includes bitcoin. we wouldn't be buying some tokens if we see bitcoin is rising to 1000USD. You would be noticing its price when most coins are going down while btc is rising or altcoins are rising because btc value is going down.
That's the trend here, when bitcoin is up altcoins down and vice versa. The price matter especially for the traders and the investors because we are looking to take advantage on the price fluctuation since bitcoin is good in fluctuating, with price fluctuation we can make money and as a trader we do not want to see a stable price.

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November 07, 2016, 10:05:10 AM
 #2206

Price of bitcoin for me really matters. If the price is high, then I sell and hold the fiat until price dump. When the price is low, I will buy and hold bitcoin until it's price rise with good profit. It is also obvious that the price of bitcoin matters to all of us even the bitcoin devoters since it's price is what determine the activities we might all do and not do in this day or another.
Yeah, price traders will always be affected by the change in bitcoin's price and its stability, they would always want a fluctuated and flexible market. For me too, bitcoins price matters because how would I know how much is 1 bitcoin worth to buy if there is no set price of it. I believe, almost every bitcoiner will be doing similar to me.
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November 07, 2016, 10:36:01 AM
 #2207

More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?

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November 07, 2016, 11:31:20 AM
 #2208

More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?
Hopefully it does again. Obviously more people are now using bitcoin compared to 2013 and the more users the possibility of it to go higher is likely. We still haven't reached the end of the year and who knows what might still happen. Me, im just keeping my btc's for now

 
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November 07, 2016, 01:12:07 PM
 #2209

More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?
Hopefully it does again. Obviously more people are now using bitcoin compared to 2013 and the more users the possibility of it to go higher is likely. We still haven't reached the end of the year and who knows what might still happen. Me, im just keeping my btc's for now
Volume is what is important now, and I believe the recent increase was brought by the continuous demand of bitcoin and not a manipulative action of the whales. I can tell the way the price move and I am expecting more increase when the price starts to be stable.

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November 07, 2016, 01:46:47 PM
 #2210

I - trader and is very important for me to price assets. I earn on the difference between buying and selling. But for any other person who knows how to count money price is very important
I think not only the traders who say that the price is very important, but all users will also say that the price would be important, regardless of the price of bitcoin will die
Yeah price is important for all of us because simply why would the miners even mine if they are not earning money ?

And if bitcoins do not have a price or worth then how would they earn ? how would they pay their bills and all. So, price of bitcoin heavily matters.

Indeed. It's just a waste of time for us if we (bitcoin users and community) would not make any profit in bitcoin. So for me, bitcoin price is really matter.. regardless if the price will go up or down.

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November 07, 2016, 01:48:55 PM
 #2211

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.
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November 07, 2016, 02:03:03 PM
 #2212

More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?
Hopefully it does again. Obviously more people are now using bitcoin compared to 2013 and the more users the possibility of it to go higher is likely. We still haven't reached the end of the year and who knows what might still happen. Me, im just keeping my btc's for now
Volume is what is important now, and I believe the recent increase was brought by the continuous demand of bitcoin and not a manipulative action of the whales. I can tell the way the price move and I am expecting more increase when the price starts to be stable.

So are we looking at a lesser number of bitcoins now that are out there? It might get hard to buy it once it reached a higher price so it really does matter to many.

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richardsNY
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November 07, 2016, 02:22:37 PM
 #2213

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.
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November 07, 2016, 02:37:19 PM
 #2214

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.

Bitcoin was conceived as a currency in its own right and as a payment system in and of itself. As any currency out there it needs trust of the people who are using it, but it builds this trust on purely technical grounds, not on some religious beliefs (that wouldn't last long, anyway). In this sense, it doesn't need so much loyalty as impartiality and fairness (just in case, not something which you would expect from a government)...

It is not a sect, after all

BitcoinPC
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November 07, 2016, 05:10:47 PM
 #2215

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.

Right, If we have interest in making profit from bitcoin, so it is not bad thing, Because Bitcoin build to give us profit and also it is right people don't care about the community, because when we are already gain profit bitcoin and So what does matter to see the community? Now bitcoin is best for us in earning wise, when it will never give us good earning than automatically people will be changed their way.     
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November 07, 2016, 05:17:29 PM
 #2216

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.

Right, If we have interest in making profit from bitcoin, so it is not bad thing, Because Bitcoin build to give us profit and also it is right people don't care about the community, because when we are already gain profit bitcoin and So what does matter to see the community? Now bitcoin is best for us in earning wise, when it will never give us good earning than automatically people will be changed their way.     
Yeah right almost people here i think are talking about money they are interested in bitcoin because it is money and they earning here because of bitcoin.. so it helps a lot that we can earn few bitcoins just in signature campaign that you can start use the small amount ot your trading that you can increase the amount everytime the invested altcoin was increase and make profit..

Decided to end it with zer0 profit.
Doamader
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November 07, 2016, 06:13:22 PM
 #2217

In the general people are interested into the cash machine that bitcoin and crypto world has become, in fact the big miners are just an examples of that, invested milions and now making milions, the thing is bitcoin does have several improvements against the current fiat system, but the people does know low fees, but their interest is to make money and not see the description of bitcoin technology.
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November 07, 2016, 06:36:47 PM
 #2218

If I was going to the store to buy something I will look at the price of this commodity. In the same way I do when buying Bitcoin. Price is important for me. Maybe when I have a lot of money for me, the price will cease to have a great importance.
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November 08, 2016, 10:59:07 AM
 #2219

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.
yeah most people interested in bitcoin because its volatile price
no interesting price then no investor , this can be a problem if then bitcoin price dropped
bitcoin price is so important for now
but i expect in the future bitcoin can turn to something more than just about volatile price.
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November 08, 2016, 11:36:49 AM
 #2220

It probably is one of the most interesting thing to see at Bitcoin. Except the great community and the potential it has for being anonymous, the price is extremely high right now (you can buy a lot of Silver or Gold with one BTC) which makes it pretty interesting for many.

The majority of the people here don't care about the community. They are only interested in the profits that they are making with trading, or they want to see the price go up in a way that they make lots of profits. The technology aspect and the community are something that these people don't look at. It's pure the potential of making profits that interests them.
yeah most people interested in bitcoin because its volatile price
no interesting price then no investor , this can be a problem if then bitcoin price dropped
bitcoin price is so important for now
but i expect in the future bitcoin can turn to something more than just about volatile price.
Bitcoin does not need investor but investors need bitcoin because it gives them money, they are the ones who are making bitcoin so popular now which resulted to a big price increase, bitcoin will have no value if we will stop supporting it, so since the price matters let's continue to support to make this grow stronger.

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