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Author Topic: Does the Price of Bitcoin Matter?  (Read 304456 times)
chineseprancing
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November 08, 2016, 12:02:58 PM
 #2221

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.
I think both are need each other bitcoin need to have more investor to make.them alive and much needed the bitcoin by the people to have source of income supporting each other would be great in the future.
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November 08, 2016, 01:22:37 PM
 #2222

I  really doubt that someone is at bitcoin just for fun, we are all here to make money while we are part of a such amazing currencie as well payment processor, soo if we can use it and be able to make money why we wouldnt do it, in the end bitcoin price will matter.
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November 08, 2016, 01:32:31 PM
 #2223

I  really doubt that someone is at bitcoin just for fun, we are all here to make money while we are part of a such amazing currencie as well payment processor, soo if we can use it and be able to make money why we wouldnt do it, in the end bitcoin price will matter.

True. Maybe fun at first true gambling or just want to have some to boast to their friends but still at the long run it will become about the money. Investing or trading they are all about making some more money.

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November 08, 2016, 02:24:39 PM
 #2224

The price of the bitcoin does matter of course but its something that is important for us because we are selling and buying on it so that is pretty important if you are asking me.
I think that we need without any doubts.
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November 08, 2016, 03:25:15 PM
 #2225

when I buy Bitcoin I always look at the dollar exchange rate. And if he goes down, I try to buy more Bitcoins. For me, the price is very important
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November 08, 2016, 04:12:06 PM
 #2226

when I buy Bitcoin I always look at the dollar exchange rate. And if he goes down, I try to buy more Bitcoins. For me, the price is very important

But how can you say that the price will not be dropping more after you buy? I think it's unpredictable. You can always win or lose buying Bitcoin in a short term, but you will definitely win in the long term though. And yes, the price matters, big time.

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November 08, 2016, 05:52:24 PM
 #2227

when I buy Bitcoin I always look at the dollar exchange rate. And if he goes down, I try to buy more Bitcoins. For me, the price is very important

But how can you say that the price will not be dropping more after you buy? I think it's unpredictable. You can always win or lose buying Bitcoin in a short term, but you will definitely win in the long term though. And yes, the price matters, big time.

The bitcoin price is unpredictable in the short term. But in the long term, the usual trend is up and quite a lot.
OrangeII
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November 08, 2016, 06:11:08 PM
 #2228

for the moment for me the price of bitcoin does not really matter, because that is important to me is the number of bitcoin that I currently have and how to make it more and more. although bitcoin prices to be high at the moment but I do not have a bitcoin, I think it will be worth it, so I'd rather worrying that the current bitcoin I have than worrying about the price


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November 08, 2016, 06:24:47 PM
 #2229

for the moment for me the price of bitcoin does not really matter, because that is important to me is the number of bitcoin that I currently have and how to make it more and more. although bitcoin prices to be high at the moment but I do not have a bitcoin, I think it will be worth it, so I'd rather worrying that the current bitcoin I have than worrying about the price
It's good that you look to increase the number of coins that you have, but don't get stuck into that thought too much as it may work against you at some point.

Instead of investing your precious coins into a site or service, or altcoins and their scammy ICOs, better focus on developing some BTC/fiat trading skills as that is a much better option.

Trading BTC/fiat is how smart people increase the number of coins that they have. The repetitive nature of the price can work into your advantage real nice.

But you have to know what to do. That's why developing trading skills is essential for the short and long term.

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November 08, 2016, 06:44:12 PM
 #2230

It seems to me that the whole forum today would agree that the price of Bitcoin has become $ 1,000. This proves the fact that the price of Bitcoin really is important

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November 08, 2016, 06:50:06 PM
 #2231

when I buy Bitcoin I always look at the dollar exchange rate. And if he goes down, I try to buy more Bitcoins. For me, the price is very important

But how can you say that the price will not be dropping more after you buy? I think it's unpredictable. You can always win or lose buying Bitcoin in a short term, but you will definitely win in the long term though. And yes, the price matters, big time.

The bitcoin price is unpredictable in the short term. But in the long term, the usual trend is up and quite a lot.

the short term may just go up and down just a few moments, too, are likely to rise in the future due to the mining of the btc is getting a little
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November 08, 2016, 09:50:51 PM
 #2232

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.
This is a classic supply and demand scenario, demand has increased so the price rises as more people are competing for the same number of coins, if demand keeps high then the number of available coins to purchase will get lower making prices to rise again, but at some point the price will be so high that some people will begin to sell their coins in order to get their profits and this will increase supply making the price go lower.
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November 08, 2016, 10:22:02 PM
 #2233

It seems to me that the whole forum today would agree that the price of Bitcoin has become $ 1,000. This proves the fact that the price of Bitcoin really is important
You are right its very important for every one because some need high and some want low every person going with his own logic and from these I am with which are looking for price to go high because its giving me some good return
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November 08, 2016, 10:25:46 PM
 #2234

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.

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November 08, 2016, 10:32:46 PM
 #2235

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I think when they only collect bitcoin only and does not sell, the price may not be a problem, but when they try to trade certain exchange rate and the price will be very important
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November 09, 2016, 12:45:27 AM
 #2236

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I think when they only collect bitcoin only and does not sell, the price may not be a problem, but when they try to trade certain exchange rate and the price will be very important
I think for all users the price of bitcoin matters even the collector of bitcoin without investment, we all are here to generate income what would be the basis if the price of bitcoin does not matter?
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November 09, 2016, 09:50:27 PM
 #2237

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
A satoshi is a satoshi that is true but bitcoin does not exist in a vacuum bitcoin is exchanged to other currencies all the time and the value that people are willing to exchange their fiat for bitcoin is very important in almost any trade.
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November 09, 2016, 11:28:09 PM
 #2238

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I do understand that point of view, at yobit signature i do believe is the only one that hasnt changed their rates when bitcoin price went from 400 to the current value, as for them they are paying the same ammount, but for us it does makes a huge difference, earn 70 dollar, or earn 120 dollar currently the max ammounts we can earn. Since yobit does charge their fees into bitcoin it doesnt affect them at all.
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November 10, 2016, 02:01:27 AM
 #2239

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I think when they only collect bitcoin only and does not sell, the price may not be a problem, but when they try to trade certain exchange rate and the price will be very important
I think for all users the price of bitcoin matters even the collector of bitcoin without investment, we all are here to generate income what would be the basis if the price of bitcoin does not matter?

Yeah you're right. The basis of profits we could get from bitcoin depends on its price. So the price of bitcoin really matters especially on those who engage in trading and for those who make investments on it. For those make a living from it, like me, bitcoin's price really matters because my income depends on the daily rate exchange of bitcoin. Particularly that I usually convert it.
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November 10, 2016, 03:11:46 AM
 #2240

it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I think when they only collect bitcoin only and does not sell, the price may not be a problem, but when they try to trade certain exchange rate and the price will be very important
I think for all users the price of bitcoin matters even the collector of bitcoin without investment, we all are here to generate income what would be the basis if the price of bitcoin does not matter?

Yeah you're right. The basis of profits we could get from bitcoin depends on its price. So the price of bitcoin really matters especially on those who engage in trading and for those who make investments on it. For those make a living from it, like me, bitcoin's price really matters because my income depends on the daily rate exchange of bitcoin. Particularly that I usually convert it.
And also the price is the measurement on how much value of bitcoins we are holding. Price of bitcoin that is solely base on fiat is the standard measurement of our assets so basically speaking it there is no price at all then bitcoin would be worthless.

Simple as that, direct answer shall give more clear view of the readers especially the newbies.

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