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Author Topic: Does the Price of Bitcoin Matter?  (Read 304500 times)
doaremon
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February 05, 2017, 08:10:42 AM
 #2781

I think yes.Because bitcoin price matters to the people who actually related to this.Such as getting paid in btc,trading and investing in it.And it matters more to them those who buy bitcoin and sell for a profit.Their earning depends on bitcoin and literally can have a great negetive impact on their life if the price falls for long term.If the price goes stable or increase everything will go smoothly. Many people are investing a huge amount so it will definitely matter to them.

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February 05, 2017, 08:29:11 AM
 #2782

I think yes.Because bitcoin price matters to the people who actually related to this.Such as getting paid in btc,trading and investing in it.And it matters more to them those who buy bitcoin and sell for a profit.Their earning depends on bitcoin and literally can have a great negetive impact on their life if the price falls for long term.If the price goes stable or increase everything will go smoothly. Many people are investing a huge amount so it will definitely matter to them.
In the normal state of affairs, only bitcoin should be strengthened, and its price should constantly strive upwards. This is due to his increasing popularity and the number of extracted bitcoin. And what happens when the fall begins, is nothing like the machinations of fraudsters.
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February 05, 2017, 09:17:51 AM
 #2783

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
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February 05, 2017, 09:39:35 AM
 #2784

Price does matter and if you are a miner or generally a seller it will motivate you to supply more bitcoins to the market to meet needs met but if there is over supply market gets flooded and price will drop.
Some say btc price controls altcoin price when it drops alts gain and when btc raises alts pull down.
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February 05, 2017, 09:59:58 AM
 #2785

Price does matter and if you are a miner or generally a seller it will motivate you to supply more bitcoins to the market to meet needs met but if there is over supply market gets flooded and price will drop.

Miners are the pumpers of bitcoin - hence the entry of new miner or old miners gaining better rigs does affect the market. As the demand rises and if the supply increases as well - prices tend to remain stable.

Quote
Some say btc price controls altcoin price when it drops alts gain and when btc raises alts pull down.

I think it is due to the bitcoin vs altcoin trading. Altcoin mining and selling is also popular. People also participate in ICOs and then sell the altcoins for bitcoin.

 
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February 05, 2017, 10:13:29 AM
Last edit: February 05, 2017, 02:55:48 PM by Ewinsane
 #2786

I think yes.Because bitcoin price matters to the people who actually related to this.Such as getting paid in btc,trading and investing in it.And it matters more to them those who buy bitcoin and sell for a profit.Their earning depends on bitcoin and literally can have a great negetive impact on their life if the price falls for long term.If the price goes stable or increase everything will go smoothly. Many people are investing a huge amount so it will definitely matter to them.
yeah i am quite agree with your toughts that it really matters for those who are using it and the people who are using it just for trading and investment the price really matter for those,,.
if its price get stable then i think bitcoin loses its most of the traders.
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February 05, 2017, 10:25:32 AM
 #2787

I think yes.Because bitcoin price matters to the people who actually related to this.Such as getting paid in btc,trading and investing in it.And it matters more to them those who buy bitcoin and sell for a profit.Their earning depends on bitcoin and literally can have a great negetive impact on their life if the price falls for long term.If the price goes stable or increase everything will go smoothly. Many people are investing a huge amount so it will definitely matter to them.
yeah i am quite agree with your toughts that it really matters for those who are using it and the people who are using it just for trading and investment the price really matter for those......
if its price get stable then i think bitcoin loses its most of the users.......

Price of bitcoin really matters and importantly even if the price becomes stable people will continue to use for the goodness. Because it gives access to gambling and other needs which is banned in several countries.
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February 05, 2017, 01:00:07 PM
 #2788

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.
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February 05, 2017, 01:33:32 PM
 #2789

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.

Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.

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Natalim
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February 05, 2017, 01:48:04 PM
 #2790

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.
Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.
Yeah, that was a long time ago, our journey should not end there, we are back to the a good price and hope this time will be a success. Many are afraid that the big fall back might happen again, but we should be positive this time. Instead of fearing that possibilities, we should make ourselves more educated so we will have the confident to hold longer when such event will happen again.

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February 05, 2017, 01:49:02 PM
 #2791

Price does matter and if you are a miner or generally a seller it will motivate you to supply more bitcoins to the market to meet needs met but if there is over supply market gets flooded and price will drop.
Some say btc price controls altcoin price when it drops alts gain and when btc raises alts pull down.

Being a simple bitcoin holder its price does really matter. And I'm always affected when the price is falling it makes me feel sad every time I see it happens. But when the price is increasing I'm always happen to see it. That's how important the price of bitcoin for me and as well as other simle bitcoin holders.

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February 05, 2017, 03:33:36 PM
 #2792

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.

Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.
Yeah that was a good decision to wait but most people feel a fear now that it will once again drop down but it will now not drop because the investors are much increased and the real users are also more in number so if investors will sell then those people who do business will not sell and the price will remain good.
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February 05, 2017, 03:38:38 PM
 #2793

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.

Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.

How are those holders "right"? They haven't even had any profit by holding for four years. I think what should've they done was sold their coins even if it was dumping and then just bought more coins around 250$ price. That way, they are back in the game. They can buy/sell again and play with the price fluctuation. If they actively traded instead of solidly holding, they could've recovered their loss amount by now or even have made profit already. Your holders are still at 0 or negative profit right now. Patience is not always the key, it's more about timing.

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usefrees
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February 05, 2017, 04:26:40 PM
 #2794

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.

Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.
Yeah that was a good decision to wait but most people feel a fear now that it will once again drop down but it will now not drop because the investors are much increased and the real users are also more in number so if investors will sell then those people who do business will not sell and the price will remain good.

Yes, you are right, investors became much. This makes the price of Bitcoin stable. I am sure that the price of Bitcoin will not fall below $ 900
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February 06, 2017, 09:53:57 AM
 #2795

Looking at the currency exchange indices on the stock exchanges since the new year, many people look happy. For the first time since 2013 Bitcoin price exceeded $ 1,000. Indicators and fixed at levels and $ 1017 and $ 1033 for 1 Btc. Let's hope that bitcoin will continue to climb up the list prices.
The interesting aspect regarding this is that people who have been holding Bitcoin since 2013 have had the opportunity to see their investment be recovered, or partially recovered, in the case of people who bought above $ 1100 in 2013. I think the secret is to have patience and discipline, because Bitcoin is a technology that is just beginning to gain ground.

Unfortunately most of the people who were buying at $1,100+ in 2013 sold their coins at $600 later fearing BTC will drop even more. Others sold at $400 and some others at $250. And only a few had the patience to wait until today, and they were damn right.

How are those holders "right"? They haven't even had any profit by holding for four years. I think what should've they done was sold their coins even if it was dumping and then just bought more coins around 250$ price. That way, they are back in the game. They can buy/sell again and play with the price fluctuation. If they actively traded instead of solidly holding, they could've recovered their loss amount by now or even have made profit already. Your holders are still at 0 or negative profit right now. Patience is not always the key, it's more about timing.

I think both patience and timing is important and more importantly - it is luck. Many people never had the courage to hold coins till a decade for prices to increase. Many of them booked profits and sold all away when prices rose by 100units.

Again people often have similar speculation about altcoins but then many of the turn out scam or dead. In both cases the invested money is actually lost. Therefore the luck factor is more important than patience or timing - however it is the only factor on which we have no control over and hence its better to trade according to own wills.

 
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February 06, 2017, 11:01:25 AM
 #2796

Actually the trust of business men is  created  by price of bitcoin .the stable or incredible price of bitcoin create interaction among customers or businesses men from which every one would use bitcoin site.so the price of bitcoin matters.

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February 06, 2017, 11:43:40 AM
 #2797

The price of Bitcoin really matters as the basis of profits we could get from bitcoin depends on its price. The people who engage in trading and invest in btc make a living from bitcoin price. The higher bitcoin price means more income for me  Cheesy

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frendsento
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February 06, 2017, 11:49:35 AM
 #2798

the price of bitcoin really matter ! maybe no just for me but also to the other crypto enthusiast will say that it really matters ! due to its volatile price it attract investors from all over the world to invest in bitcoin and to make its popular ! I also think that it becaus of its price bitcoin is the leading crypto currency all over the web ! and it is because of the price why many people use bitcoins ! Imagine of bitcoin has no valu at all ? will there be anyone who will use it ?
angaper
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February 06, 2017, 01:05:25 PM
 #2799

I am only using bitcoins as a payment processor, that is why the price of btc is almost irrelevant for me because as soon as I receive some coins, I usually exchange it for fiat money quickly.
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February 06, 2017, 01:43:18 PM
 #2800

I am only using bitcoins as a payment processor, that is why the price of btc is almost irrelevant for me because as soon as I receive some coins, I usually exchange it for fiat money quickly.
But if you are an earner of bitcoin then still it is matter for you as you said that when you get some coins so every one get coins when he earn. So I am saying that if someone will get some coin and if the price will be high then he will get a high amount of fiat with that but if you will get at the time when the price will be lower then you will get lower pay for your work. So it matter for everyone.
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