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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
genos
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November 11, 2016, 08:57:33 AM
 #2261

Quote
Does the Price of Bitcoin Matter?

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


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.
Yes you are right, bitcoin will have no value without price, the fact is most of people are interested with bitcoin price. The price is really potential to rise. Trader will get enough profit by fluctuation price. So I think it is really important.

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November 11, 2016, 11:22:30 AM
 #2262

Quote
Does the Price of Bitcoin Matter?

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


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.
Yes you are right, bitcoin will have no value without price, the fact is most of people are interested with bitcoin price. The price is really potential to rise. Trader will get enough profit by fluctuation price. So I think it is really important.
Well if you are one of the traders in the crypto you will really feel that the price matters and actually we do want to see the price always move in different direction so we will be able to take advantage on it and make easy money. Without a price bitcoin will not be popular as now.

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November 11, 2016, 11:50:27 AM
 #2263

Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.
Agree, bitcoin price is the most important interest in bitcoin, as people come to invest on bitcoin and expecting some profits.
Bitcoin is future currency of financial system which now we can send money to anyone, anywhere in the world more faster, secure, and low fees. So, in the next years later bitcoin price should be increasing and more people invest on bitcoin.
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November 11, 2016, 09:01:06 PM
 #2264

Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.

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November 12, 2016, 05:59:12 AM
 #2265

Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.

And I guess that a big threat to them who are already in the business of finance like banks, they are really unaware at its first launching days but as the day goes by. The price of bitcoin is getting it seriously for it is increasing rapidly since its launching day. For sure if they cannot stop bitcoins rapid popularity and growth, they can just simply adopt it.


they can never adopt bitcoin because bitcoin is unlike fiat decentralized and it is already spread among people around the world enough that they can not become a whale of the same size they are in fiat world that easily. they may some day offer services to make more money but nothing more.

There is a FOMO brewing...
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November 12, 2016, 06:47:45 AM
 #2266

Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.

And I guess that a big threat to them who are already in the business of finance like banks, they are really unaware at its first launching days but as the day goes by. The price of bitcoin is getting it seriously for it is increasing rapidly since its launching day. For sure if they cannot stop bitcoins rapid popularity and growth, they can just simply adopt it.

Banks can still benefit with bitcoin as when the transaction of bitcoin increases bank transactions as well increases. Remember we do rely on fiat since bitcoin is not regulated and we cannot spend it anywhere especially for our basic needs.

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November 12, 2016, 09:33:45 AM
 #2267

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
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November 12, 2016, 10:05:51 AM
 #2268

I dont believe you are soo blind, if something does cost 2 dollars and bitcoin worthing 600 dollar, you will spend around 0,003btc, if bitcoin were worthing 700 dolalrs you will spend 0,0024btc, soo this make difference as long you do trade and exchange your coins.
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November 12, 2016, 10:14:38 AM
 #2269

Yes it matters and its very important for the users of the bitcoin, we need the price to stay having the demand.
The bitcoin is bought and sold on the price so yes we need it.
we really need to bitcoin prices still have demand, because without the price would not be the person who will be using bitcoin, whatever your destination using bitcoin will always use the price

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November 12, 2016, 05:17:16 PM
 #2270

Yes it matters and its very important for the users of the bitcoin, we need the price to stay having the demand.
The bitcoin is bought and sold on the price so yes we need it.
we need to bitcoin prices still have demand, because without the price would not be the person who will be using bitcoin, whatever your destination using bitcoin will always use the price
                                                                 
I didn't get what you have said. But judging by it, it seems you are saying that prices are relevant to anybody wherever they are if they want to use bitcoins. Bitcoin prices are important to people transacting with it. However, if you are just a casual user of bitcoin, you might not care about it because you will just be using it as a medium of payment of sorts.
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November 12, 2016, 05:54:44 PM
 #2271

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.
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November 12, 2016, 06:07:58 PM
 #2272

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

Price matters most in trades and exchanges. People prefer to sell at a higher price than buy which is obviously at a lower price. The price is the main attraction for the traders who trade on the market everyday.

However bitcoin shops and stores prefer the more stable price and people prefer to buy bitcoin at lower price as well.

R


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November 12, 2016, 06:11:24 PM
 #2273

for me it hardly interfare i like when bitcoin price is almost stable i dont care much when it move about 5$ up or down its ok with me i can manage that little loss or profit anyway when it comes to trading only then i care about the price yes i have to wait many times to get the desired price

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November 12, 2016, 09:08:38 PM
 #2274

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

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November 13, 2016, 01:13:06 AM
 #2275

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.


Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at  lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

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A Blog That Discusses About
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Maslate
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November 13, 2016, 01:59:59 AM
 #2276

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.


Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at  lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.
I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.

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Caladonian
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November 13, 2016, 02:11:08 AM
 #2277

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.


Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at  lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.
I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.
Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.
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November 13, 2016, 02:35:20 AM
 #2278

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.


Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at  lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.
I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.
Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.
                                                                                                               
This is what I was talking about. Some people will not care about the price because of the price of Bitcoin at the time they bought it and used it is irrelevant. They were not there to invest into it but to use it for some other purpose like gambling or buying something.
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November 13, 2016, 03:44:04 AM
 #2279

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.
Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.


Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at  lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.
I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.
Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.
                                                                                                               
This is what I was talking about. Some people will not care about the price because of the price of Bitcoin at the time they bought it and used it is irrelevant. They were not there to invest into it but to use it for some other purpose like gambling or buying something.
Definitely for people who just use bitcoin for gambling does not care so much, they are more concern if they can win or not and bitcoin for them is just a currency but not an investment like the traders are investors are thinking.

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November 20, 2016, 03:35:23 AM
 #2280

it matter more than many think

a better price means more miners, the network is more secure
a better price means more adoption, if there will be a better price is because the adoption is increased
a better price means a better purchasing power, who own few bitcoin has a better chance to buy more thing
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