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Author Topic: Does the Price of Bitcoin Matter?  (Read 304500 times)
megynacuna
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January 30, 2017, 11:53:12 AM
 #2741

I think it's more important for BTC not to have a special or flying to the skies price, but not to drop. Losing investments hits  harder compared to not earning more.

Yes but if Bitcoin prices was only to go up and forward without a drop then nobody will sell it and it will belong to only a few people or groups of people, the fluctuations are what drives the currency just like  fiat currencies.
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January 30, 2017, 12:16:21 PM
 #2742

If anyone thinks that the price of the bitcoin matter, of course this is because the bitcoin is still not as money, but the means of payment. If we say the means of payment are of course a broad sense including bitcoin. I think, that's the risk of the bitcoin as these types of investments.
You said that bitcoin is still not money but a mean of payment if it was right then why bitcoin is behaving like money and why the fluctuation in it if it was only a mean of payment then there would be no any thing like money like the price rise and fall and would would all serve to be a third party of fiat. But the reality is that bitcoin is a money and in every currency in the start of its time the price fluctuations take place.
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January 30, 2017, 12:45:16 PM
 #2743

If anyone thinks that the price of the bitcoin matter, of course this is because the bitcoin is still not as money, but the means of payment. If we say the means of payment are of course a broad sense including bitcoin. I think, that's the risk of the bitcoin as these types of investments.
You said that bitcoin is still not money but a mean of payment if it was right then why bitcoin is behaving like money and why the fluctuation in it if it was only a mean of payment then there would be no any thing like money like the price rise and fall and would would all serve to be a third party of fiat. But the reality is that bitcoin is a money and in every currency in the start of its time the price fluctuations take place.
You guys can consider Bitcoin as a type of property which can be used to trade peer-to-peer in order to buy something. In the future, I believe that Bitcoin will be recognized as a currency and will be used by many countries in the world. And of course, the price affects Bitcoin a lot because more people will pay attention to Bitcoin if the prices are super high and the adoption will proceed faster
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January 30, 2017, 12:47:42 PM
 #2744

Bitcoin price matters because when it fluctuates whether low or higher it affects every decisions made by traders of altcoins and even those seller peer to peer. Even the convertion of digital to fiat currency exchange will also be affected like a dominoe effect, when a btc price goes lower the amount of bitcoin convertion exchange value will also became lesser to cash out.

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January 30, 2017, 12:50:59 PM
 #2745

I thought forever will be problematic, this is because we are not yet ready with the decentralized system. A lot of supposition that bitcoin is easy and can be controlled so that prices are very volatile.
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January 30, 2017, 04:49:10 PM
 #2746

If anyone thinks that the price of the bitcoin matter, of course this is because the bitcoin is still not as money, but the means of payment. If we say the means of payment are of course a broad sense including bitcoin. I think, that's the risk of the bitcoin as these types of investments.
You said that bitcoin is still not money but a mean of payment if it was right then why bitcoin is behaving like money and why the fluctuation in it if it was only a mean of payment then there would be no any thing like money like the price rise and fall and would would all serve to be a third party of fiat. But the reality is that bitcoin is a money and in every currency in the start of its time the price fluctuations take place.
You guys can consider Bitcoin as a type of property which can be used to trade peer-to-peer in order to buy something. In the future, I believe that Bitcoin will be recognized as a currency and will be used by many countries in the world. And of course, the price affects Bitcoin a lot because more people will pay attention to Bitcoin if the prices are super high and the adoption will proceed faster

Yes, you are right, Bitcoin is not the currency, but rather a valuable commodity for which you can change other items. Since it considers the government. And of course all of us it is very important what price in Bitcoin. We need to know the exchange rate on its Fiat
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January 30, 2017, 05:18:01 PM
 #2747

Price to do matter in any cases in our life guys, we cannot deny that fact.
We can see that every time we move money is there, left and right, side by side. We cannot only see it in bitcoin but in our real life, in our real economy. And for sure, the reason why we are increasing, the user of bitcoin, is because of its price, the more the price goes high the more the people will and use it and buy it and invest it, so when it turns to 1 is to 1 for sure people will take advantage to other coins. So, bitcoin’s price to matter to encourage people to use it.
axorb
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January 30, 2017, 09:49:28 PM
 #2748

Price to do matter in any cases in our life guys, we cannot deny that fact.
We can see that every time we move money is there, left and right, side by side. We cannot only see it in bitcoin but in our real life, in our real economy. And for sure, the reason why we are increasing, the user of bitcoin, is because of its price, the more the price goes high the more the people will and use it and buy it and invest it, so when it turns to 1 is to 1 for sure people will take advantage to other coins. So, bitcoin’s price to matter to encourage people to use it.



Either price of bitcoin is higher or lower it surely matters as if price goes higher then people will sell their coins to gain profits from it and if price falls then everyone will engage themselves in buying as much as they can so price is really important factor in bitcoin and its the only factor that attracts people to invest their money in bitcoins.
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January 31, 2017, 08:01:28 AM
 #2749

I thought forever will be problematic, this is because we are not yet ready with the decentralized system.

But many people are happy with the decentralized system. They think its keeping them away from taxation and hence they prefer to use it rather than fiat money.

Quote
A lot of supposition that bitcoin is easy and can be controlled so that prices are very volatile.
I dont know how you got into thins conclusion, would like to know the source in detail if you have any. Do you mean to say that core development is easy? And what exactly has that got to do with the prices being volatile. Prices depend on the trading of bitcoin and how much volume is being traded and not on the system by which bitcoin functions.

 
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January 31, 2017, 08:53:02 AM
 #2750

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,


This is key factor especially for miners they need to calculate power cost with depreciation of equipment. For miner price is very important for other it maybe 50-50 some look on price others invest in it and some are here just for something else.

But in general price is very important to us all and every price change got big impact to everyone was it jump or drop.



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January 31, 2017, 11:58:18 AM
 #2751

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,

Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys.

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January 31, 2017, 06:02:14 PM
 #2752

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,

Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys.

knowing the right time on when to sell just to earn from bitcoin is a good decision. bitcoin price always matter even on just a simple user who pays bills or using it as a payment for something. bitcoin price always matter as it is like the currencies of every country that also move from time to time. so better check the price first before you buy or sell.
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January 31, 2017, 06:37:43 PM
 #2753

it does for me as i use it for buying/selling all online
the price of bitcoin matter so much to me as I  have assets in it. To me now bitcoin is more valuable than gold and any precious goods under the heavens. Like you said "I use it for buying/ selling online" the same with me and it makes online purchase easy. Governments in most developed countries now are concerned about bitcoin because of it value and it acceptability.
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January 31, 2017, 11:51:10 PM
 #2754

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,

Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys.
true, any user who invest in bitcoin, they hold their bitcoin wallet, it was because they wanted to wait for a higher price because they want to benefit from their investment
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February 01, 2017, 02:11:51 AM
 #2755

I can say that for me the price of Bitcoin has a great importance. Ever since I had the coin, I constantly look at what the price of Bitcoin market. I need to know how much I have assets, so price is important for me
the price of bitcoin is the most important component of the way of life of bitcoin itself. even I was in bitcoin or join bitcoin because I saw the prices were very high. perhaps most users also experience it,

Yes, exactly so bitcoin price do matter, everything varies with every currencies’ value or price on how they fluctuated. This is where we can say if we are going to sell or coins or hold it still, and it is just like the fiat guys.
true, any user who invest in bitcoin, they hold their bitcoin wallet, it was because they wanted to wait for a higher price because they want to benefit from their investment
Basically it's like a savings, every time you have that extra amount of fiat your convert it to bitcoin and then save in your wallet. You have to consider it for your long term investment, the value will grow overtime so that is better than saving your money in the bank where it will just inflate the value.

As investor, we are always positive to see a better price as that excites us and we will be encourage to save more.

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February 01, 2017, 04:48:34 AM
 #2756

For me the price of bitcoin doesn't matter at all, In fact, the more the demand is getting increase is the more other businesses in the entire world are becoming confident to the concept of bitcoin. Particularly, nowadays, bitcoin now in my country is now trend in the internet unlike before way 3 years ago. But now, everything is changed, most company here accepted bitcoin.
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February 01, 2017, 04:54:51 AM
 #2757

For me the price of bitcoin doesn't matter at all, In fact, the more the demand is getting increase is the more other businesses in the entire world are becoming confident to the concept of bitcoin. Particularly, nowadays, bitcoin now in my country is now trend in the internet unlike before way 3 years ago. But now, everything is changed, most company here accepted bitcoin.

Really the bitcoin's price doesn't matter at all? Then if you think that it doesn't matter, do you think that you can still be here if bitcoin's price is 0?

For me, it is really an important matter because many of us are encourage to keep on working with bitcoin because of its price.

And that's because it's getting more popular and people adopts it.

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February 01, 2017, 06:35:52 AM
 #2758

For me the price of bitcoin doesn't matter at all, In fact, the more the demand is getting increase is the more other businesses in the entire world are becoming confident to the concept of bitcoin. Particularly, nowadays, bitcoin now in my country is now trend in the internet unlike before way 3 years ago. But now, everything is changed, most company here accepted bitcoin.

Really the bitcoin's price doesn't matter at all? Then if you think that it doesn't matter, do you think that you can still be here if bitcoin's price is 0?

For me, it is really an important matter because many of us are encourage to keep on working with bitcoin because of its price.

And that's because it's getting more popular and people adopts it.

I think what he's trying to say is that he don't mind the current price of bitcoin because he's confident that it will not go down to the point that people would stop using bitcoins and migrate to another one. He can say this because from what he can see, people are starting to adapt bitcoins in his country more and more compared to how it was 3 years ago. Bitcoin has also become a trend on the Internet in his area.

On a side note: How about reading the whole post so you don't judge him by reading only the first sentence?

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maydna
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February 01, 2017, 07:08:51 AM
 #2759

bitcoin price is really matter if the bitcoin price in the higher price and we want this. if the price is not high but bitcoin have a good future then i think it is still worth for us to store bitcoin in our wallet because sometimes the price will be increase again like before. for examples, when the price reach $200 in last years, many people is thinking in that year the price is cheap and will be increase so they made stock in their wallet while they waiting the increasing of the price.

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diegz
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February 01, 2017, 07:17:27 AM
 #2760

bitcoin price is really matter if the bitcoin price in the higher price and we want this. if the price is not high but bitcoin have a good future then i think it is still worth for us to store bitcoin in our wallet because sometimes the price will be increase again like before. for examples, when the price reach $200 in last years, many people is thinking in that year the price is cheap and will be increase so they made stock in their wallet while they waiting the increasing of the price.
In short, it is one factor that defines the future of bitcoin. People are investing in it because of its value and not because of its future use and that is the one that attracts many to enter bitcoin world. Thru out the years, the community get used to it already ( the ups and down ). We are not afraid of dumps anymore. Both the increase and dumps are a opportunity for us to earn more.  Smiley

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