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Author Topic: Does the Price of Bitcoin Matter?  (Read 304452 times)
wutard
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January 21, 2017, 03:46:48 PM
 #2681

The fact that the price of bitcoin starts slowly and rather steady climb has its reasons. For example a sharp jump Bitcoin course, this year primarily associated with the growing interest of investors in venture cryptocurrency and Blockchain increasing popularity of technology worldwide.
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January 21, 2017, 05:30:11 PM
 #2682

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.
Yeah right. I think he's actually pertaining here to experienced traders that through experience, i think have ways already to maximize bitcoin's price movement. I think it would also be better for new traders to study the price hike or drop of btc aside from the alt coins that they're trading with

 
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Rastaman2016
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January 21, 2017, 05:37:32 PM
 #2683

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.
We certainly hope that bitcoin has dropped to such indicators. If the price increases tied to the size of bitcoin mining, the prospects of only a good performance.
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January 21, 2017, 05:47:28 PM
 #2684

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5  bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.
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January 21, 2017, 06:06:02 PM
 #2685

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5  bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.
It is of course correct vision of the future prospects of bitcoin. But as far as I understand the $ 2k for btc in the near future will not be the limit. This is a very good performance.
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January 21, 2017, 06:36:20 PM
 #2686

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.
Yeah right. I think he's actually pertaining here to experienced traders that through experience, i think have ways already to maximize bitcoin's price movement. I think it would also be better for new traders to study the price hike or drop of btc aside from the alt coins that they're trading with
The price of any of the existing currencies are always manipulated and did so for a purpose. Only with the help of trade and artificially raising and lower prices for bitcoin, Delco earn a lot of money.
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January 22, 2017, 05:57:02 AM
 #2687

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5  bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

Dude, you should study how to end a sentence. That's one long sentence. Anyway, back then it's easier to achieve the x5 or x2 price in bitcoins because the price was still low. For example, if it was 5$ today, it would only take a rise of about 20$ to make it 5 times higher than what it was.

Btw, what was your prediction? You didn't even mention it. I don't think what has happened 2 years before would just repeat. I don't think they have a correlation at all since we're on a different level than the past. There might be some similarities but they're not identical. Almost everything have similarities when speculating markets so I don't think that's a good basis for the rise and dump of the price.

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January 22, 2017, 02:15:59 PM
 #2688

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5  bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

Dude, you should study how to end a sentence. That's one long sentence. Anyway, back then it's easier to achieve the x5 or x2 price in bitcoins because the price was still low. For example, if it was 5$ today, it would only take a rise of about 20$ to make it 5 times higher than what it was.

Btw, what was your prediction? You didn't even mention it. I don't think what has happened 2 years before would just repeat. I don't think they have a correlation at all since we're on a different level than the past. There might be some similarities but they're not identical. Almost everything have similarities when speculating markets so I don't think that's a good basis for the rise and dump of the price.
History repeats itself, it could happen since it's possible. Whatever the price may come up in the future will dictate the economy of bitcoin, I still believe we have see a good price then, it's not the price increase only that we are seeing literally, but on how the market move. It's different this days as the movement is quite stable, some big dump but eventually will end up with a good price like what we are seeing now.

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January 22, 2017, 02:27:13 PM
 #2689

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

Its is not easy to know the best time to buy or sell bitcoins. The increasing price of bitcoins favor to those who are saving them because as the bitcoin price increases, their total wealth also increases and make them more rich.

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January 22, 2017, 02:34:51 PM
 #2690

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

Its is not easy to know the best time to buy or sell bitcoins. The increasing price of bitcoins favor to those who are saving them because as the bitcoin price increases, their total wealth also increases and make them more rich.

Trading is a really tough task. That is the reason why not every people can earn profits in trading because predicting the correct move of a coin is not an easy thing, if someone can do that then that is only because if their experience. That is why people always say that only experienced people should do trading otherwise a person can lose their capital easily in it.
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January 22, 2017, 03:21:18 PM
 #2691

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
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
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January 22, 2017, 03:42:59 PM
 #2692

Bitcoin will gradually develop and increase in the right potential. After the expected radical changes, in the trade, the country's economy could gain a bit more value. Trading is not an easy job, everyone needs to wait and can not do this job and need to be patient. With sure steps you need to be in the right place at the right time.

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January 22, 2017, 05:50:42 PM
 #2693

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
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.

That's all is obvious what you say about the right time to sell/ buy bitcoins. But with bitcoin it's complicated, cause nobody knows how the price plan to behave itself. Do you remember that huge drop under 800$ in few days after bitcoin finally reached 1000+$? I still didn't find any explain about this suddenly drop.
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January 22, 2017, 06:02:01 PM
 #2694

in my opinion, the price of bitcoin is important. well, the possibility of all users bitcoin, bitcoin will check prices every day. gains and losses that they will get, depending on the value of bitcoin. the greater the bitcoin price, the higher the price of bitcoin. but, it's just a guess. however, the price of bitcoin is really important.

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basesaw
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January 22, 2017, 06:06:23 PM
 #2695

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
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January 22, 2017, 06:19:47 PM
 #2696

the price of bitcoin always matter for the investors and for the one who plays in the market like trading and such things. we all know that the price of bitcoin is moving per minute so that price of bitcoin is a big factor for those who are investing and playing in the market such as trading bitcoins in order for them to not having a negative investment or trading.
in my opinion, the price of bitcoin is important. well, the possibility of all users bitcoin, bitcoin will check prices every day. gains and losses that they will get, depending on the value of bitcoin. the greater the bitcoin price, the higher the price of bitcoin. but, it's just a guess. however, the price of bitcoin is really important.

Yes, of course it plays an important role, and the more it raise the price, the more it will cause more expectation in peoples.

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January 22, 2017, 06:42:47 PM
 #2697

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
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.

That's all is obvious what you say about the right time to sell/ buy bitcoins. But with bitcoin it's complicated, cause nobody knows how the price plan to behave itself. Do you remember that huge drop under 800$ in few days after bitcoin finally reached 1000+$? I still didn't find any explain about this suddenly drop.
You've got the point everybody did not know when the price will increase or crash.. that is why we have a good strategy for this if you know this method you can not miss the opportunity to get profit everytime the price was increase and decrease..
You can set your margin and always dont sell all of your bitcoin just always the partial like 20% sell and the rest sell it if the price is increased repeat procedure and buy again in lower price.. thats it..



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[15.00000000 BTC]


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Rainbot
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January 22, 2017, 06:52:24 PM
 #2698

of course the price matters, it shows the current value and value always matters. Of course if you are convinced that bitcoin will be 2000$ in one year its the trend which matters.

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January 26, 2017, 10:05:11 PM
 #2699

I have come to the conclusion that there are two points of view; so it depends. If you are a day trader and you see bitcoin as a stock and everyday you are look at your computer screen and you speculate causing the price to oscillate of course the quoted price has matter. On the other side if you are an enthusiast believing in bitcoin potentiality to change the world then the price is not a big deal for you because you don't need the fiat to buy/sell goods and services; you pay with bitcoin for these needs. The latter view is completely different from worthless due to the fact that bitcoin is money too.
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January 27, 2017, 05:06:11 AM
 #2700

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
Knowing about the best time to buy and sell is really important most of the people wait for longer time and when the time come to get the profit they cannot decide that what to do. But if a person will have the power to decide at that time then yes he will get a good profit from his investment in profit because of the price.
in fact most of the people are facing that problem. most of the people are not decision taker, they cannot take a right decision on right time. although they can realize that it is the best time to buy or sell but still they remain failed. i also facing that problem for most of the time. i admit that i am not a good decision taker, most of the time i miss the right time to buy or sell bitcoin. i think in need some more practice in trading.
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