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Author Topic: Does the Price of Bitcoin Matter?  (Read 304453 times)
grta14
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December 19, 2016, 09:12:49 PM
 #2501

very well the price does matter if not for the price many who are investing on bitcoin today would't have been doing that hopefully we see the price getting up $1000 so fi anyone who bought some bitcoin at low rate or low cost and you sale at high price that more profit so in this price bitcoin really matter.
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December 19, 2016, 10:38:50 PM
 #2502

Obviously, the price of bitcoin is matter.When price goes up than more people become interested on bitcoin and start investing on bitcoin.Also when price goes down they keep touch on bitcoin and hope for price goes high.In less price many investors buy bitcoin.So,overall the price of bitcoin is a matter.
realistic reason why people come and invest in bitcoin , it is just because of the price.

i can not imagine if bitcoin have no price like now, it might just become another commodity? who stuck in the same low price for weeks. people expect a very high bitcoin price, but what will happened if bitcoin reached the highest?

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December 19, 2016, 11:09:45 PM
 #2503

Obviously, the price of bitcoin is matter.When price goes up than more people become interested on bitcoin and start investing on bitcoin.Also when price goes down they keep touch on bitcoin and hope for price goes high.In less price many investors buy bitcoin.So,overall the price of bitcoin is a matter.
realistic reason why people come and invest in bitcoin , it is just because of the price.

i can not imagine if bitcoin have no price like now, it might just become another commodity? who stuck in the same low price for weeks. people expect a very high bitcoin price, but what will happened if bitcoin reached the highest?
That's true if the price for bitcoin was different in lower way and if it would not make such high jumps - then probably bitcoin would not be so interesting as it today. Only little group of some computer nerds would know about bitcoin and that's it.
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December 19, 2016, 11:20:32 PM
 #2504

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

Investing and holding bitcoin is not easy because you are risking the money for a long time and without knowing if the bitcoin price will increase or not.
Only those people invest in bitcoin and hold them for longer who have done a good research about bitcoin and who have a good knowledge about bitcoin and after their research they know that bitcoin will not drop further and if any drop occur then it will not be for longer or permanent but it will go more better in price in the coming future.

For the past 3 months the bitcoin price has changed rapidly from $600 to mostly $800 now which is a big change in my opinion.
From the graphs we can see that it was a good increase even though there were some dumps but not much noticeable.
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December 19, 2016, 11:51:01 PM
 #2505

The price of bitcoin really does matter to the people who has invested their money into mining and if you look at the large mining farms they are still active because the price keeps on increasing and with the heavy electricity bills involved in mining the charm would fade off once the price goes down and so the price of bitcoin is a real factor to be considered.
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December 20, 2016, 01:44:01 AM
 #2506

The price of bitcoin really does matter to the people who has invested their money into mining and if you look at the large mining farms they are still active because the price keeps on increasing and with the heavy electricity bills involved in mining the charm would fade off once the price goes down and so the price of bitcoin is a real factor to be considered.

Even those people who invested not in mining, price matters for all the bitcoin users and investors. In mining, surely it is an important thing because it is one of the costly type of bitcoin investment. Because of it, we can easily figure out if our investments are going good or not. And for those people who are not in mining, so if you probably bought bitcoin at lower price then you just did nothing for you are busy in real world. Just check it now and you got profit.
For all of us the price do matter, regardless of our purpose with bitcoin we need to know the price as that represent its value with bitcoin. No one would use bitcoin without a price and that is the fact.

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The_Dark_Knight
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December 20, 2016, 01:49:26 AM
 #2507

Obviously, the price of bitcoin is matter.When price goes up than more people become interested on bitcoin and start investing on bitcoin.Also when price goes down they keep touch on bitcoin and hope for price goes high.In less price many investors buy bitcoin.So,overall the price of bitcoin is a matter.
realistic reason why people come and invest in bitcoin , it is just because of the price.

i can not imagine if bitcoin have no price like now, it might just become another commodity? who stuck in the same low price for weeks. people expect a very high bitcoin price, but what will happened if bitcoin reached the highest?
If the price of bitcoin was lower then most investors will probably move out their money to something else they could get more profits, since they are not in bitcoin for the possible future implications it may have in our world they are in it for the money.
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December 20, 2016, 02:16:19 AM
 #2508

of course the price of bitcoin is very important. people invest most of their money just to wait for it. if you invest your money into bitcoin, you have to know the importance aka bitcoin price increases.
I am also very concerned about the price of bitcoin, and when I save the bitcoin in considerable amounts, I think every day, I always see the development that occurs.
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December 20, 2016, 02:19:24 AM
 #2509

Ofcourse it matters that what the price of Bitcoin . Since we can use Bitcoin to make direct  but still Bitcoin is not much famous So that we can make every deal with it .
So it's a matter that what the price is , as we need to convert it into fiat currency .

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December 20, 2016, 02:20:39 AM
 #2510

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

I also believe in that but I also think that we need the price to get more popular and the bitcoin is also something that needs the price because without it people will not invest at all.
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December 20, 2016, 03:42:25 AM
 #2511

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.
Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.



Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

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December 20, 2016, 03:50:34 AM
 #2512

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.
Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.



Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
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December 20, 2016, 04:28:08 AM
 #2513

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.
Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.



Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
What I have witnessed for my longer time of staying here in the cryptoworld is that, when the price of bitcoin is good like what we are seeing now, more people will adopt and it's increasing which is really great for long term investor. Once adoption is consistent, that would result to increase of demand which would eventually create a good price.

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December 20, 2016, 04:54:48 AM
 #2514

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.
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December 20, 2016, 08:53:01 AM
 #2515

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.
The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline
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December 20, 2016, 02:36:48 PM
Last edit: December 20, 2016, 06:01:05 PM by deisik
 #2516

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.
The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline

You forget about big whales hiding just around the corner. Some folks here claim that they can easily bring the price down a few hundred dollars, and they don't even consider themselves as whales at that. It remains to be seen, though, if they can really bring the price down so much, but it should be evident that if a few whales decided to cash out (not necessarily Satoshi himself), we would certainly have hard times ahead (in respect to Bitcoin price)...

On the other hand, that might be beneficial in the long term

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December 20, 2016, 04:20:03 PM
 #2517

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.
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December 20, 2016, 05:45:03 PM
 #2518

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.

The more people use it, the higher the price and more people will use it.
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December 20, 2016, 06:15:28 PM
 #2519

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.
bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.

Yeah even i have noticed that price is dropping continuously. I thought we could see some Christmas pump like every year but price is going to low value its completely not a fine view about bitcoin price chart. Hopefully price will increase vin upcoming days.
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December 20, 2016, 08:23:44 PM
 #2520

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.
Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.



Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

Yes of course it matters its logical that it matters without prices no one will sell or buy it for sure, I thin we really need it..
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