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Author Topic: Does the Price of Bitcoin Matter?  (Read 304455 times)
andrei56
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January 20, 2017, 03:49:46 AM
 #2661

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.
Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.
Bitcoin is a great investment and it give to use to get profits in a very short time frame and also it offers us the possibility to do it no matter where you are or even your age, which is a big plus.
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January 20, 2017, 05:27:07 AM
 #2662


Out of that price and that is why many of the people who are into bitcoin are having good time with bitcoins unstable price.

Because there are a lot of opportunity that we can take advantage for it, just like buying for lower price and do nothing with their coins.

They just need to store it somewhere and get back on it again and sell it on higher price.

Unless you are a trader then you wont really need to know the price of bitcoin. Just keep it save and treat it as a worthless junk , in few more years you might be surprised to see the price. Either that you will be a rich new guy or that you are going to have a worthless coin in your wallet
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January 20, 2017, 07:00:10 AM
 #2663

For me bitcoin price really matters this is the basis if we can earn profit or not, we always want that the price of bitcoin would be higher to see our investment grow and to have more income in the future.

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lOvE mE forEvEr
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January 20, 2017, 01:44:32 PM
 #2664

Yes right, bitcoin prices are very problematic. I prefer stable than like this, we all will certainly leave bitcoin if we feel the loss. My conclusion, bitcoin prices stable so it can make a certainty.
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January 20, 2017, 01:58:10 PM
 #2665

Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But yes I agree, once you enter this anonymous environment you hardly care of its price! I believe in holding Bitcoin and only trade Bitcoin for in/out for service.
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January 20, 2017, 01:59:08 PM
 #2666

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.
Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.
Yes because of it many long term investors invest their money in bitcoin but those people who want to start their companies with the payment system of bitcoin they want a stable price in bitcoin and those who do not want to store their money in banks and they want to store their money in bitcoins they will also want a stable price of bitcoin.
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January 20, 2017, 02:58:42 PM
 #2667

Yes right, bitcoin prices are very problematic. I prefer stable than like this, we all will certainly leave bitcoin if we feel the loss. My conclusion, bitcoin prices stable so it can make a certainty.

Do you understand that 80% of all bitcoin users are actually traders of bitcoin. Traders who trade on fiat/bitcoin, altcoin/bitcoin and so on. If prices became stable then there would be no excitement among the traders and the bitcoin economy would be largely affected.

Of course if you are a shop owner who accepts bitcoin it can be really troublesome when prices rise/drop. But you have to deal with it.

R


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January 20, 2017, 05:48:26 PM
 #2668

Of course the price of bitcoin matter, like fiat.00 If you have a  lot of it you will surely agree with this. specially for trading and investments
Or the case if you are paid in bitcoin, let's say the price is 900$ the boss pay you, then monday the price go down at 400$ LOL. Believe me you will figure out the price of bitcoin matter If you are paid 15$ per hour but due to the price fluctuation it cuts down to 7.5$, the value of your knowledges doesn't decrase from monday to monday Smiley

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January 20, 2017, 05:54:44 PM
 #2669

I think it is the most important point of bitcoin. those who had been accustomed to look for bitcoin, would always wondered about the price of bitcoin. it is because the income they get depends on the price of bitcoin. only certain people who do not care about the price of bitcoin. but, the vast majority of users consider that the bitcoin, bitcoin prices is very important.


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January 21, 2017, 11:29:39 AM
 #2670

Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.
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January 21, 2017, 12:17:15 PM
 #2671

Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.
The thing is, majority of the people who are using bitcoin does not care to invest, they use bitcoin to use for online transaction by spending on something, it could be for product, services, or whatsoever. The price is the measurement of value and it's every important, but a good price will make bitcoin more popular and it represent a strong asset and a progressive economy.

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January 21, 2017, 12:18:02 PM
 #2672

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
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January 21, 2017, 01:05:19 PM
 #2673

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
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January 21, 2017, 01:25:54 PM
 #2674

Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.
The thing is, majority of the people who are using bitcoin does not care to invest, they use bitcoin to use for online transaction by spending on something, it could be for product, services, or whatsoever. The price is the measurement of value and it's every important, but a good price will make bitcoin more popular and it represent a strong asset and a progressive economy.
I agree price is matter in terms of using the bitcoin in daily lives but using bitcoin as investment I think not because we all know that next year the price of the bitcoin will go to the pick again so it's expected thatIf I invest now I will earn a lot next year. So in over all bitcoin price is depend on the people who are using it if many people will use the bitcoin the price will pump and if the users is diminish the price will dump. For the price is matter as user of the bitcoin.
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January 21, 2017, 01:36:39 PM
 #2675

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
No one said it's easy, in fact trading and investing is risky due to the nature of bitcoin which is risk. We are making risk here and we love to take risk just for our belief that bitcoin will be a success.

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January 21, 2017, 01:44:42 PM
 #2676


Out of that price and that is why many of the people who are into bitcoin are having good time with bitcoins unstable price.

Because there are a lot of opportunity that we can take advantage for it, just like buying for lower price and do nothing with their coins.

They just need to store it somewhere and get back on it again and sell it on higher price.

Unless you are a trader then you wont really need to know the price of bitcoin. Just keep it save and treat it as a worthless junk , in few more years you might be surprised to see the price. Either that you will be a rich new guy or that you are going to have a worthless coin in your wallet

Even you are not a trader or you are just a normal bitcoiner still price does matters and just like what you have said.

We are just going to save it and treat it as not really nothing but a good investment because we are just going to hold it and wait for the price increase.

And by doing that, we already have an investment out of it.

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January 21, 2017, 02:18:22 PM
 #2677

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
No one said it's easy, in fact trading and investing is risky due to the nature of bitcoin which is risk. We are making risk here and we love to take risk just for our belief that bitcoin will be a success.
any kind business required an effort and risk ,
without something like that things won't run smoothly , it has been a rule to do it ,
a lot of people think about bitcoin just based on price right?
so it shows how the price really matter .
Superzpay
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January 21, 2017, 02:36:51 PM
 #2678

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.
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January 21, 2017, 03:02:42 PM
 #2679

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income  Smiley
but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit
But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.
I would not have trusted the empty talk about what price and when to wait. The fact that all the predictions voiced specifically and have a specific purpose.

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Rahar02
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January 21, 2017, 03:45:12 PM
 #2680

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.


Actually, bitcoin price that attract more people to join in bitcoin world, it's the first impression of bitcoin.
And then people will learn about what bitcoin is with all of the advantages it has.
Bitcoin will be worthless if the price of BTC1 less than 1 fiat money. I mean people won't seeing it as valuable thing.
It different with the first time when bitcoin was developed and rise, if nowadays bitcoin will crash and fall to less than $1, I don't think bitcoin will survive.
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