Does the Price of Bitcoin Matter?

[bitbunnny]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

[1714122135]

1714122135

[szpalata]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

I agree with your point perfectly, the price does matter from person to person and we can't just give a conclusive answer because it might vary in the way everyone uses bitcoins.

[lionheart78]

Of course when bitcoin touched 1k USD last week people were readily selling it all and earning profits. It is the prices that matter most to traders and this is very much evident from the fluctuations in price.

Now as the prices are falling soon people will get back into the market by buying some large volumes and the prices will increase again. So in all its all about prices - for traders.

For Merchants - its another story

Lol, what factor does make it for merchant to be another story?  As far as I know price matter to everyone.  Traders may look for a high fluctuating stock/currency to book a profit, and merchants are looking for a more stable items/currency to make a profit.  Both of them relies on the price of the item even if they have different view.  So I guess price of Bitcoin do matter to both of them

[mornabo]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

I think all bitcoin users would need a price no exception. because when they use bitcoin payment method. then no rate or price of bitcoin, then they can not use bitcoin to pay something

[Ziskinberg]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

I think all bitcoin users would need a price no exception. because when they use bitcoin payment method. then no rate or price of bitcoin, then they can not use bitcoin to pay something

It's given dude, bitcoin ain't currency without a value and that price is its current value. When the price is high we call it a valuable asset which what we are seeing it. What matters to us users of bitcoin is the price movement of bitcoin, and since it's very volatile, it gives the traders the opportunity to take advantage on the price movement and earn from it.

Investors on the other hand are hoping to see a continuous price increase as it's where they can earn profit when the value of their holdings increases.

[deisik]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

I think all bitcoin users would need a price no exception. because when they use bitcoin payment method. then no rate or price of bitcoin, then they can not use bitcoin to pay something

It's given dude, bitcoin ain't currency without a value and that price is its current value. When the price is high we call it a valuable asset which what we are seeing it. What matters to us users of bitcoin is the price movement of bitcoin, and since it's very volatile, it gives the traders the opportunity to take advantage on the price movement and earn from it.

Investors on the other hand are hoping to see a continuous price increase as it's where they can earn profit when the value of their holdings increases

This is a difference of degree

Since both long-term investors and short-term traders alike want the price to rise directly to their target value without sidestepping. The difference is only in the range of prices which each of them is looking for. I guess it is not even the time horizon that matters most here. For example, if someone is going to keep the coins for a year expecting the price to hit some value at the end of that time span, does it make any sense to keep them any longer if the desired price is reached within a month? I don't think there is any rational reason not to sell at that price

[coinfast]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

[Xester]

The price of Bitcoin is one of the key issues that attracts users, especialy traders and everyone else who wants to make some profit on it.
I thought we all witnessed these days when the price was realy high that this attracted many new users and Bitcoin enthusiasts. For those who want to use it just as alternative to banks and teaditional payment system maybe doesn't matter that much for all others yes.

I agree with your point perfectly, the price does matter from person to person and we can't just give a conclusive answer because it might vary in the way everyone uses bitcoins.

Imagine if bitcoin has no value will you still use it? Your answer will be no isnt it? The price or value of bitcoin is its soul and life without it bitcoin will remain a digital number and nothing more. That is why bitcoin cannot remain a currency it it has no value or price. We cannot deny that fact that even if we have different uses of bitcoin the price of bitcoin matters.

[Dr.Osh]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Well, panic selling makes us understand how important the price of bitcoin. when the bitcoin prices rise quickly, people tend to buy bitcoin in significant amounts. but, when the price goes down, everyone sell their bitcoin quickly. Well, the concern on the price makes us tend to be more proactive.

[markyminer]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Well, panic selling makes us understand how important the price of bitcoin. when the bitcoin prices rise quickly, people tend to buy bitcoin in significant amounts. but, when the price goes down, everyone sell their bitcoin quickly. Well, the concern on the price makes us tend to be more proactive.

i think yes the matter it really matter. to me i think most of the people want to start using bitcoin and that is the most decent way of playing gamlbling.

[deadpoolx]

The price of Bitcoin matters for traders and investors. It's also important for widespread adoption.
However in the end on a global scale, it will ultimately matter little.

Merchants just on the difference in price earning bitcoin. Investors want better course only the price increase.

It always matter for those holders who are the reason of the bitcoin price increasing and decreasing that's the only way to earn profit company who had hundreds of bitcoin can make a good profit from short of trading. Investors don't only want to price to be increase they also want to price to be decrease and start buying bitcoin to stocked and will sell when the price is right again.

Big investors will always be able to make bigger profits in the market, since they have large holdings to invest. But the volatility in the Bitcoin market is enough for small traders to make a good profit. This is not easy, of course, since it takes a good timing and there is a need to always be alert to events that change the direction of price in the market.

[leakingnoseee]

Too big, too small / Size does matter after all / Zu gross, zu klein / Er knnte etwas grer sein / Mercedes Benz, und Autobahn /

[TheUltraElite]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

[RoommateAgreement]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Not just for those people who bought coins but for all the people who are using bitcoins and having some trades with it. The price is really a matter of importance in bitcoin and this is why we are loving the way it is making itself well known. And as of now, the price did reach ATH for this year and many of people surely encouraged to use it.

when you only consider bitcoin to be purely for investment then the price becomes important to you, there is no argument there.

but bitcoin is not just investment, it is also a currency that we can use to buy things with. in that case the only thing that matters is bitcoin itself, its security and as far as price is concerned the stability of it is more favorable than a volatile price when you are spending it.

[Farma]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

[Dwetha]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

[BrockHunter]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

Yes I think that the price does indeed matter because its deciding what people are doing with their bitcoins these days.

[deisik]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase

Some long-term holders here are saying that most of these people had lost their coins in the Mt.Gox scam, so their number (I mean those who are still alive and kicking, metaphorically speaking) should be really small. On the other hand, they would be real profit makers and takers if they actually booked their profits, i.e. sold at least some of their coins. Otherwise, their profits will remain only paper profits that go as easily as they come. But these types don't seem to be inclined to sell the coins at any price waiting for something which I don't quite comprehend myself...

Namely, they wanna become the new elite as I got it, but I doubt that Bitcoin is gonna help them at all

[Vannterson]

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

Yes I think that the price does indeed matter because its deciding what people are doing with their bitcoins these days.

It matters a lot but that is also how you look at it of course, the price is very important for us all, the sellers and the buyers.

[SheHadMANHands]

it only matters when you are interested in the short term price of bitcoin... In the long term... the price will go up so it the current price doesnt matter