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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
Kotone
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November 26, 2016, 02:49:28 PM
 #2341

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.
Traders are going to cry when the price of bitcoin decreases but if the price of the bitcoin incease they are going to be happy and going to have a party on there house some of good company are earning a good bitcoin daily because of there hardware mining. So even the price will change or it will change it's okay for them because they earning bitcoin daily.

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November 26, 2016, 07:33:01 PM
 #2342

Bitcoin price is important not only for trailers but also for all those who have little in the Bitcoin wallets. it is a tangible asset and it should be evaluated. so each of us constantly monitors the rate of Bitcoin
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November 26, 2016, 09:35:08 PM
Last edit: November 26, 2016, 10:15:22 PM by deisik
 #2343

Traders are going to cry when the price of bitcoin decreases but if the price of the bitcoin incease they are going to be happy and going to have a party on there house some of good company are earning a good bitcoin daily because of there hardware mining. So even the price will change or it will change it's okay for them because they earning bitcoin daily.

Actually, traders can be happy with any price movement too

And not because traders are happy no matter what but simply because some of them (called bulls) open long positions and some others (called bears) short positions. Bulls are on the green platform, bears on the red platform. So when the price goes down bulls are crying while bears are rejoicing. Conversely, when the price goes up bulls are jumping for joy, and bears are weeping with grief

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November 26, 2016, 10:49:10 PM
 #2344

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.
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November 27, 2016, 04:55:25 AM
 #2345

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.
Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

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November 27, 2016, 06:17:59 AM
 #2346

Does the price matter, i guess to some extent but for me its more about the stability and growth that is more important to me at this time.

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November 27, 2016, 10:39:23 AM
 #2347

Does the price matter, i guess to some extent but for me its more about the stability and growth that is more important to me at this time.
i agree with you because i like the most about bitcoin was the stability and growth of bitcoin currency . even its on developing stage its a huge part of the economy right now. if the price of bitcoin raise well im gonna be happy if its decrease im still happy because it will be back in a few days thats what i love about bitcoin the more investors the more bitcoin price will grow and it will be a part of the growing stage of bitcoin Smiley
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November 27, 2016, 11:18:31 AM
 #2348

Absolutely yes only the price of Bitcoin matters and nothing else. Tell me will you use Bitcoin will you show interest in Bitcoin if the price comes down to $1. I guess no.

I will not show interest in Bitcoin if the price comes down so drastically. The main reason of using Bitcoin is only the price and nothing else. May be blockchain is a Revolutionary concept but the value lies in its price so the price of Bitcoin is the main thing.

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November 27, 2016, 01:27:52 PM
 #2349

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.
Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

Yeah bitcoin is for every body that wants to use it for real. And of course if value of bitcoin is going to be nothing then no one will get interested to it.

But it seems that many are being attracted to bitcoin as the price is keep on increasing this makes the bitcoin to become attractive.

So the price of bitcoin really matters for all of us who are using it for real.

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November 27, 2016, 01:45:40 PM
 #2350

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.

I think this will take time.  To be able for the price to be stable, it should meet some saturation point.  As long as there are huge potential new comer to bitcoin, the price will always stay volatile.

Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

Same way it was not created to investors alone.

Does the price matter, i guess to some extent but for me its more about the stability and growth that is more important to me at this time.

In general this is the most important but well I'm just a trader, i should maximize my profit if I can.
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November 27, 2016, 02:11:55 PM
 #2351

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

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November 27, 2016, 02:21:54 PM
 #2352

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.
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November 27, 2016, 02:44:25 PM
 #2353

If anybody says no will actually not be the fact because unless you get paid in btc and directly on the spot get it exchanged than it wont matter else if you invest in btc 100% price matters because that decides whether they growing rich or becoming poorer in their portfolio.
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November 27, 2016, 02:46:26 PM
 #2354

Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
 because I know the price will increase more in the future.

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November 27, 2016, 02:48:51 PM
 #2355

Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
 because I know the price will increase more in the future.

It is the common interest of all traders to buy when prices are low and sell when prices rise in order to make money and get rich Grin

The main attraction for the traders is the fluctuating price and thus it continues to fluctuate even more. This makes bitcoin more attractive for potential traders and eventually more people begin to use it.

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November 27, 2016, 03:00:35 PM
 #2356

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

You are right. When the price of bitcoin was just cents, no one cares about it. But now that the price has risen to this level, everyone wants it. It is the same technology back then, the only difference is the price. So, price does matter.
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November 27, 2016, 03:01:19 PM
 #2357

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

Of course, bitcoin price is important because it is in price we are basing our decisions whether to sell or not. Whether we have a profit or no. It is an indicator also where the market is heading, if we analyse its previous movement.

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November 27, 2016, 03:17:53 PM
 #2358

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

You are right. When the price of bitcoin was just cents, no one cares about it. But now that the price has risen to this level, everyone wants it. It is the same technology back then, the only difference is the price. So, price does matter.
You are absolutely right! I wonder what's the price of bitcoin at its early years? Since it started in 2008 and the price now has been increased to $735 I wonder and excited to it's price in the next  years.

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November 27, 2016, 03:21:01 PM
 #2359

The price really matters to attract a lot of users. Just take the example that when it reached 1k USD once, a lot of people got attracted towards it as an investment source because media hyped this hard, and it is again the time bitcoin is to reach there once again.

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November 27, 2016, 05:48:14 PM
 #2360

The price of bitcoin were one of the main reasons to people invest at bitcoin mining rigs, their cloud companies, their investement at bitcoins, because all do wanna to make money with bitcoin. Thats why you do trade and invest at crypto world to make mone, soo if you start with 5 btc worthing 1000 dollars, and the same now worthing 3000 dollars sure it will matters there is no way to say the value of bitcoin doesnt affect your decisions, and transactions.
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