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Author Topic: Does the Price of Bitcoin Matter?  (Read 304455 times)
dhampir-D
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December 20, 2016, 08:27:10 PM
 #2521

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.
This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.
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December 20, 2016, 09:45:44 PM
 #2522

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now Wink
yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin
in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.
We can use bitcoin in a lot of places, even thought the uses may be indirect, for example we can use our bitcoin in purse.io to buy in amazon, and not only that we can get amazing discounts by doing so.
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December 21, 2016, 12:39:37 AM
 #2523

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
Bitcoin is susceptible to lose value as any other currency of the world, probably the greatest risk for the price of bitcoin is the manipulation by exchanges or private investors with huge stashes of bitcoins.
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December 21, 2016, 02:09:35 AM
 #2524

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.
This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.

That's why every single movement of bitcoins price is very important to the miners. And for those people who are thinking to enter this industry, they must think again and learn to conduct a survey first if they can attain to mine for a longer time or else they will just waste their money for investing into mining but they want to stop already.
What miners like is just to see their coins being mined are growing it's value in the future, when you are operating a business you should seek profit and you want to grow your profit as your goal. And with the operation, you have to pay the necessary expenses, like the electricity which is the major expenses of the business, after you pay all the expenses then it is just fine to hold it a little longer, when the value grow your business grow as well.

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December 21, 2016, 02:19:14 AM
 #2525

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
Bitcoin is susceptible to lose value as any other currency of the world, probably the greatest risk for the price of bitcoin is the manipulation by exchanges or private investors with huge stashes of bitcoins.

This is true but I do not think that it will happen, of course we cannot say this but I have some good hope on the bitcoin.
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December 21, 2016, 02:22:34 AM
 #2526

Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

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December 21, 2016, 02:30:49 AM
 #2527

Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

yes i am agree with this, with the increasing in the price, we can see that many people is attracting to bitcoin industry and they will use bitcoin to find some new source to make money. we know see that the price is to get increase more and its really worth to waiting for the next price. and this is why the price of bitcoin is really matter for us.



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December 21, 2016, 06:17:06 AM
 #2528

Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

yes i am agree with this, with the increasing in the price, we can see that many people is attracting to bitcoin industry and they will use bitcoin to find some new source to make money. we know see that the price is to get increase more and its really worth to waiting for the next price. and this is why the price of bitcoin is really matter for us.
As the price increases, it always gives us a good promise in the future that we will be profitable, and it matters to us even if it dump or pump because that is the basis of our decision making, whether we continue or stop.

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December 21, 2016, 07:07:55 AM
 #2529

If the price of Bitcoin does not matter, why would you and I be here and may be thousands of other users on this forum. The price of Bitcoin has been the major determinant of why people come to Bitcoin because that determines the value of the currency in relation to FIAT. I slept yesterday with the price being $790 only to wake up this morning and it as gone as high as $805 and does that not matter?
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December 21, 2016, 07:58:28 AM
 #2530

If the price of Bitcoin does not matter, why would you and I be here and may be thousands of other users on this forum. The price of Bitcoin has been the major determinant of why people come to Bitcoin because that determines the value of the currency in relation to FIAT. I slept yesterday with the price being $790 only to wake up this morning and it as gone as high as $805 and does that not matter?
you cannot say that , as a lot of people believe bitcoin is more than just about price out there.
bitcoin is a future of world economic, future of money which everything will be digitized.
so don't think like that, it is a narrow mind, be a broad minded.
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December 21, 2016, 09:59:50 PM
 #2531

If the price of Bitcoin does not matter, why would you and I be here and may be thousands of other users on this forum. The price of Bitcoin has been the major determinant of why people come to Bitcoin because that determines the value of the currency in relation to FIAT. I slept yesterday with the price being $790 only to wake up this morning and it as gone as high as $805 and does that not matter?

That is right, many users have their goals and their goals mostly is to earn bitcoin from this forum. There are some goals also like saving bitcoins in the early stage so if the time comes that it is a high prize, they will sell it or they will try to invest it in something. Bitcoin's price really matters especially to market, to the gamblers, especially to gamblers online amd the users not only in this site, but in the whole world.

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December 21, 2016, 10:35:24 PM
 #2532

every aspect of bitcoin it is important, especially the price of bitcoin. bitcoin prices are so important to people willing to hold bitcoin they seek and collect for days, even years to sell when prices are high bitcoin. Well, now people are watching the price of bitcoin more than usual, because the current price of bitcoin is at its highest point this year.


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dawnpot
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December 21, 2016, 10:41:45 PM
 #2533

As a trader/investor it matters in every sense to know the price of bitcoin because it'll be imperative in the determination of the profit or loss that I may make.
The_Dark_Knight
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December 22, 2016, 01:25:06 AM
 #2534

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.
This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.

That's why every single movement of bitcoins price is very important to the miners. And for those people who are thinking to enter this industry, they must think again and learn to conduct a survey first if they can attain to mine for a longer time or else they will just waste their money for investing into mining but they want to stop already.
Mining bitcoin is no longer what it was some years ago, mining requires a big investment to buy the equipment necessary and also cheap electricity, bitcoin mining resembles more and more mining for precious metals which is a risky industry.
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December 22, 2016, 02:36:10 AM
 #2535

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.
This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.

That's why every single movement of bitcoins price is very important to the miners. And for those people who are thinking to enter this industry, they must think again and learn to conduct a survey first if they can attain to mine for a longer time or else they will just waste their money for investing into mining but they want to stop already.
Mining bitcoin is no longer what it was some years ago, mining requires a big investment to buy the equipment necessary and also cheap electricity, bitcoin mining resembles more and more mining for precious metals which is a risky industry.
Yeah, and that's why you need to think clearly when venturing a business, when you do not have the capacity to do a mining business you do not have to force it. In fact, most of the investors are profitable in trading and holding their bitcoins longer. Make sure that whatever you choose, you really feel that you love to do it. Remember that you have to put money to make money, and if you love money you need to ensure you have done all the necessary research and you are confident with what you do.

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December 22, 2016, 11:43:54 AM
 #2536

This guy called the latest price with 100% accuracy.I now follow him for the best trading ideas and its free or can donate by the looks of it.


https://coins.newbium.com/post/5779-bitcoins-latest-move

~

This guy has made a pretty good prediction couple of days ago but what about now? I was unable to find anything he says about the nearest future exept that "it will be a bumpy ride". Is he predicting that Bitcoin will drop a bit and then will rise again or what?

Btw looking through all the replies in this topic we can say with certainty that the price of Bitcoin does matter.
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December 22, 2016, 12:18:52 PM
 #2537

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now Wink
yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin
in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.
We can use bitcoin in a lot of places, even thought the uses may be indirect, for example we can use our bitcoin in purse.io to buy in amazon, and not only that we can get amazing discounts by doing so.
I think using bitcoin for investment or currency, bitcoin prices will be very important, because without the price or rate then you will not be able to use bitcoin to pay anything, also for investment
the price is very important
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December 22, 2016, 12:35:29 PM
 #2538

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now Wink
yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin
in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.
We can use bitcoin in a lot of places, even thought the uses may be indirect, for example we can use our bitcoin in purse.io to buy in amazon, and not only that we can get amazing discounts by doing so.
I think using bitcoin for investment or currency, bitcoin prices will be very important, because without the price or rate then you will not be able to use bitcoin to pay anything, also for investment
the price is very important
If using it as currency, the price will matter to you but not much. Only for the investors and the traders will the price matter that much, the basic principle in trading where to buy low and sell high needs to be apply, so the price must fluctuate for them to take advantage of making profit.

Bitcoin needs to have a price for investors also, as that is what we need to determine the net worth in our investment.

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December 22, 2016, 01:03:22 PM
 #2539

There are still people who really don't care of the price of bitcoin because getting it for free. Getting paid from bitcoin or getting paid direcly in our wallet from signature campaign or exchanger (trading site) is really good investment in bitcoin is not good as well bitcoin price in matter is really matter if you are trader you will know the strugle. Trying always to get balance your trading history because of unstable price of bitcoin.

I don't agree that the people getting bitcoins for free does not care for the price at all, atleast not everyone. Because i'm one of them and i do care for the price of bitcoin, because i feel that price is everything in bitcoin, if bitcoin was not having a so much high value then it would not have been so popular, so basically it is the price that attracts the world.
Well i am still getting it for free but same here that i am care to the price because i am holding bitcoin and waiting for the price increase to sell it and buy bitcoins again when the price is low.. and not only bitcoin that i hold i have some altcoin to hold for long term investment and waiting for price increase to sell it to get profit..
Those already rich and they can afford to buy bitcoin yes they are not getting bitcoin for free because they're buying it from the market directly and for those who can't afford to buy bitcoin they are getting it for free and then we are going to do something to make our bitcoin grow. Holding them and wait for the bitcoin increase before sell it. Trading from altcoin is the best and long term investment where you can get as much as possible of 0.04 bitcoin weekly.
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December 22, 2016, 01:39:21 PM
 #2540

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now Wink
yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin
in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.
We can use bitcoin in a lot of places, even thought the uses may be indirect, for example we can use our bitcoin in purse.io to buy in amazon, and not only that we can get amazing discounts by doing so.
I think using bitcoin for investment or currency, bitcoin prices will be very important, because without the price or rate then you will not be able to use bitcoin to pay anything, also for investment
the price is very important
If using it as currency, the price will matter to you but not much. Only for the investors and the traders will the price matter that much, the basic principle in trading where to buy low and sell high needs to be apply, so the price must fluctuate for them to take advantage of making profit.

Bitcoin needs to have a price for investors also, as that is what we need to determine the net worth in our investment.

Not just for investors but for the whole bitcoin economy. Because we will not going to be wasting our time in bitcoins if it is not for its value or price. But because of bitcoins value we are putting time for it because we know that it is valuable and we are going to get decent profit with in the near future so that price do really matter for all of us.

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