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Author Topic: Does the Price of Bitcoin Matter?  (Read 304447 times)
Botnake
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February 01, 2017, 07:20:08 AM
 #2761

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.
Whatever the value of bitcoin as long as we have the price, there is no problem with us. We can still manage to use it to transact for things we want to do, the only difference is bitcoin has limited supply and since it has that limited supply, we were able to see this as an investment and we are holding it until we see a good price to sell for a profit.

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February 01, 2017, 07:38:19 AM
 #2762

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.

Totally wrong and biased. If the price was zero then you would never buy any bitcoin or think of investing in it. Non company would accept bitcoin because prices would be low. I do not know you condition and would like to have an insight on it for sure - if what you claim is true or false.

Bitcoin is accepted in many online stores but they would not do so if the coin had no value in the market. Again traders would not flock and miners would stop mining the coin if that was the case.

R


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February 01, 2017, 10:08:46 AM
 #2763

All of us traders know how much the price of bitcoin matter to us. We all are on focus on bitcoin price. Bitcoin price is so volatile, it can lead us all to earn on it, but sometimes, if we are earning , others are not earning. We should know what is the vice versa possibilities of the price of a bitcoin. It all matters to us, especially those who are on their business using bitcoins. We should know what will be our main focus, it is all about the price of bitcoin.

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February 01, 2017, 10:37:05 AM
 #2764

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.
I personally really cannot understand what factor actually drive bitcoin keep growing
Until now it has increased up to 1,000 times from the original bitcoin started price
So it's pretty clear back in 2009 ago bitcoin price doesn't really matter
But now people consider it as an important thing for bitcoin development.
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February 01, 2017, 10:45:03 AM
 #2765

but sometimes, if we are earning , others are not earning.

Some times? You meant all the time, right? Because if some one is able to cash out profits, it is at cost of plenty of other people. It's a basic market principle. Money flows always into stronger hands, that's how it goes in basically every market in the world. Even though you wish people the best, it's impossible for everyone to make profits, because as I said, cashing out profits goes at cost of other people. These losing people have to adapt and improve their strategies, or they will end up constantly feeding whales. Bitcoin market is no playground.
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February 01, 2017, 11:04:27 AM
 #2766

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.
I think it's not just investors who think that the price of bitcoin is very important. but also the entire bitcoin user either using bitcoin for investment or for the currency. price or rate will be always in need
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February 01, 2017, 11:11:44 AM
 #2767

slightly, what really matters is independence from governments and banks
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February 01, 2017, 11:54:44 AM
 #2768

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.
I think it's not just investors who think that the price of bitcoin is very important. but also the entire bitcoin user either using bitcoin for investment or for the currency. price or rate will be always in need

Well thats what makes bitcoin what it is and thats why its right now the top cryptocurrency available. Of course all of us who are using it knows its the most important aspect especially for traders. It also is the reason why i got interested in using btc in the first place

 
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February 01, 2017, 12:09:45 PM
 #2769

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

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February 02, 2017, 02:28:38 AM
 #2770

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.
I am sure that is not what OP meant, it's all about the price movement and not the fact that bitcoin should have a price or not. Well for me, the price is really important only for those people who want to make income with the price movement, traders are monitoring the price movement so they can buy low and sell high, I guess it is very important to them but most of us it's not a big deal.

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February 02, 2017, 10:58:30 AM
 #2771

slightly, what really matters is independence from governments and banks

You are not totally independent from them even if you use bitcoin as primary currency. Since every merchant will not be accepting bitcoin and you will end up selling bitcoin for fiat when in turn you will need to pay taxes.

In our country if we are found to exchange huge amounts - we are prone to prosecution and/or legal problems.

Price is the one and only determining factor in acceptance of bitcoin in the current state since people want to make money from trading and as more people get into trading bitcoin the prices rise even more.

R


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February 02, 2017, 04:43:11 PM
 #2772

slightly, what really matters is independence from governments and banks

You are not totally independent from them even if you use bitcoin as primary currency. Since every merchant will not be accepting bitcoin and you will end up selling bitcoin for fiat when in turn you will need to pay taxes.

In our country if we are found to exchange huge amounts - we are prone to prosecution and/or legal problems.

Price is the one and only determining factor in acceptance of bitcoin in the current state since people want to make money from trading and as more people get into trading bitcoin the prices rise even more.

and since you are will only end up selling and converting your bitcoin into fiat still you won't be able to escape from traditional taxes especially to those transactions fee, VAT etc. because you are still going to use fiat currency as what you have said there's still no merchants who accepts bitcoin in your country . anyway, I think you mean that the price is the main thing why people are adapting in to bitcoin and I agree with that . many people will surely put their money in to bitcoin while the price keeps on increasing .
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February 02, 2017, 05:53:09 PM
 #2773

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

I can get your point and that's why we are all here and that is because price do really matter. And for those people who are saying that price of bitcoin doesn't matter at all then they are just treating bitcoin as a virtual thing. That's the importance matter of bitcoin for us, it's value or price and the higher price it get's the more profit it can give to us.

There are people that don't care about the fiat value of Bitcoin as they are holding their coins till the day that people treat Bitcoin entirely different. They are looking at 1 BTC to be 1 BTC and not what the fiat equivalent is. I somehow understand that they want to see that become reality at some point, but I think it's wishful thinking. Bitcoin will just like all other assets in the world, always be tied to fiat.
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February 02, 2017, 07:05:50 PM
 #2774

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.
I am sure that is not what OP meant, it's all about the price movement and not the fact that bitcoin should have a price or not. Well for me, the price is really important only for those people who want to make income with the price movement, traders are monitoring the price movement so they can buy low and sell high, I guess it is very important to them but most of us it's not a big deal.
yes bitcoin price were very important as it is the main reason a lot of people come here and buy some , but they consider bitcoin as an investment only , they don't know that the real reason why bitcoin invented are for digital money.

it is okay actually if they learn later deeper about how bitcoin works.

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February 02, 2017, 07:09:27 PM
 #2775

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

I can get your point and that's why we are all here and that is because price do really matter. And for those people who are saying that price of bitcoin doesn't matter at all then they are just treating bitcoin as a virtual thing. That's the importance matter of bitcoin for us, it's value or price and the higher price it get's the more profit it can give to us.

There are people that don't care about the fiat value of Bitcoin as they are holding their coins till the day that people treat Bitcoin entirely different. They are looking at 1 BTC to be 1 BTC and not what the fiat equivalent is. I somehow understand that they want to see that become reality at some point, but I think it's wishful thinking. Bitcoin will just like all other assets in the world, always be tied to fiat.

That's just a mere pretend thing . If your really want to people treat bitcoin more diffirent then you should know that if more people come to bitcoin in other words if the demand increased so will the price and because of that it can also bring more people again . It's just a cycle that will keep continuing .

This question is the same thing if you ask someone if money matters? Of course it matters cause it is a necessity in our lives .

Money matters and bitcoin is money so the price matters as simple as that .

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deisik
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February 02, 2017, 08:22:31 PM
 #2776

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

I can imagine that quite easily

In fact, I don't even need to imagine anything since it is enough to recall that water can exist as ice or dry steam. It is basically the same water but in a state which you evidently forgot to think about. The same with Bitcoin, you think of Bitcoin as a financial asset and you necessarily link it to fiat ("water being wet" in your speak). But if you come to think of it as a common denominator for the value of things around us (what "real money" essentially comes down to), it will quickly lose its "wetness"

richardsNY
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February 02, 2017, 08:32:43 PM
 #2777

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

I can get your point and that's why we are all here and that is because price do really matter. And for those people who are saying that price of bitcoin doesn't matter at all then they are just treating bitcoin as a virtual thing. That's the importance matter of bitcoin for us, it's value or price and the higher price it get's the more profit it can give to us.

There are people that don't care about the fiat value of Bitcoin as they are holding their coins till the day that people treat Bitcoin entirely different. They are looking at 1 BTC to be 1 BTC and not what the fiat equivalent is. I somehow understand that they want to see that become reality at some point, but I think it's wishful thinking. Bitcoin will just like all other assets in the world, always be tied to fiat.

That's just a mere pretend thing . If your really want to people treat bitcoin more diffirent then you should know that if more people come to bitcoin in other words if the demand increased so will the price and because of that it can also bring more people again . It's just a cycle that will keep continuing .

This question is the same thing if you ask someone if money matters? Of course it matters cause it is a necessity in our lives .

Money matters and bitcoin is money so the price matters as simple as that .

Yes, the price surely matters, but there is a minority of hippies that have to think in exactly the opposite direction. But I am sure that now they see the price at current levels, that they make a silent jump out of happiness. Anyone saying otherwise is simply lying. But hey, everyone has the right and freedom to express their opinions/views. If they believe in a scenario that Bitcoin loses it's connection with fiat at some point, then let them.
Seccerius
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February 05, 2017, 06:57:09 AM
 #2778

Not for the first time sounded themes about what price to expect this year from bitcoin. To date, figures on the stock exchanges has exceeded even the expectations of some. Many did not believe that the transition will be even abroad through $ 1,000.
grenade launcher
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February 05, 2017, 07:33:37 AM
 #2779

Can you imagine water without wetness? or what happens if you take away the moisture properties from water? bitcoin is all about the price otherwise it's just a virtual thing or better say some electricity and hot air as Tillkoeln the great used to put it Cheesy.

I can get your point and that's why we are all here and that is because price do really matter. And for those people who are saying that price of bitcoin doesn't matter at all then they are just treating bitcoin as a virtual thing. That's the importance matter of bitcoin for us, it's value or price and the higher price it get's the more profit it can give to us.

There are people that don't care about the fiat value of Bitcoin as they are holding their coins till the day that people treat Bitcoin entirely different. They are looking at 1 BTC to be 1 BTC and not what the fiat equivalent is. I somehow understand that they want to see that become reality at some point, but I think it's wishful thinking. Bitcoin will just like all other assets in the world, always be tied to fiat.

That's just a mere pretend thing . If your really want to people treat bitcoin more diffirent then you should know that if more people come to bitcoin in other words if the demand increased so will the price and because of that it can also bring more people again . It's just a cycle that will keep continuing .

This question is the same thing if you ask someone if money matters? Of course it matters cause it is a necessity in our lives .

Money matters and bitcoin is money so the price matters as simple as that .

Yes, the price surely matters, but there is a minority of hippies that have to think in exactly the opposite direction. But I am sure that now they see the price at current levels, that they make a silent jump out of happiness. Anyone saying otherwise is simply lying. But hey, everyone has the right and freedom to express their opinions/views. If they believe in a scenario that Bitcoin loses it's connection with fiat at some point, then let them.
I'd like to believe that this growth trend will persist. But there are experts who warn to be careful in such cases, since after growth can be followed by a rare collapse.
bitbunnni
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February 05, 2017, 07:55:26 AM
 #2780

The level of current prices as a gift from above. Many doubted that in the beginning of the year, users will see a gradual increase in the price of bitcoin. We process more could be observed in the last year, but the problem with bitfinex smashed all plans.
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