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Author Topic: Does the Price of Bitcoin Matter?  (Read 304501 times)
Bitcotalk
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February 11, 2017, 03:45:42 PM
Last edit: February 13, 2017, 09:35:59 PM by Bitcotalk
 #2821

Yes the price of bitcoin really matters to person who is holding bitcoin for long time, he will get into panic once the price of btc is decreasing means. But the only suggestion them is bitcoin is always volatile so don't worry about the prices, it is common in trading market. Even we can't expect when it will decrease and when it will increase.

absolutely the price of bitcoin can affect all the alternative coins in the internet. because all the alternative coins is basing their value to bitcoin if they are not basing to united state dollars. so all in all bitcoin value is always matter. we should educate ourselves about the price of bitcoin because me might lose if we dont know about it.
Mostly the alternative coins have a good effect on the price of other coins if the coin is relying on its price on bitcoin as if the price of bitcoin will increase then the value of other coins will also be increased relative to USD or fiat. Like if the value of a coin is 0.01 and that is about $10 so it mean the coin is at $10 and if bitcoin price will increase like if 0.01 will be equal to $20 then the coin price will also be $20.
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February 11, 2017, 03:53:35 PM
 #2822

Bitcoin will soon reach the gold value and cross it then people will atleast a part of them invest into bitcoin and wait the next halving, since more people will know the meaning, potencial is very high, price will always be the item to consider when invest at something, and there is no way to say doesnt matter the bitcoin price since all crypto is traded against bitcoin.
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February 11, 2017, 03:55:13 PM
 #2823

Bitcoin will soon reach the gold value and cross it then people will atleast a part of them invest into bitcoin and wait the next halving, since more people will know the meaning, potencial is very high, price will always be the item to consider when invest at something, and there is no way to say doesnt matter the bitcoin price since all crypto is traded against bitcoin.

Yup and I think people are investing their money in bitcoin only by looking at its price if bitcoin would be holding no value then I doubt that many of them would be showing any interest in bitcoins, its only the price that is attracting new investors towards it so I think price is the most important factor in bitcoins.

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February 12, 2017, 10:57:30 AM
 #2824

Yes the price of bitcoin really matters to person who is holding bitcoin for long time, he will get into panic once the price of btc is decreasing means. But the only suggestion them is bitcoin is always volatile so don't worry about the prices, it is common in trading market. Even we can't expect when it will decrease and when it will increase.

absolutely the price of bitcoin can affect all the alternative coins in the internet. because all the alternative coins is basing their value to bitcoin if they are not basing to united state dollars. so all in all bitcoin value is always matter. we should educate ourselves about the price of bitcoin because me might lose if we dont know about it.

What do you mean that we can lose our money? There is no way that we can lose our money thoguh. We cann only lose the value of bitcoin price but we never lose the bitcoin. So I think you do not lose anything if bitcoin price is changing, except gou are some trading it to get more and more money though. And it depends on people too whether he aim for huge price or just some daily trading
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February 12, 2017, 11:04:48 AM
 #2825

Yes the price of bitcoin really matters to person who is holding bitcoin for long time, he will get into panic once the price of btc is decreasing means. But the only suggestion them is bitcoin is always volatile so don't worry about the prices, it is common in trading market. Even we can't expect when it will decrease and when it will increase.

absolutely the price of bitcoin can affect all the alternative coins in the internet. because all the alternative coins is basing their value to bitcoin if they are not basing to united state dollars. so all in all bitcoin value is always matter. we should educate ourselves about the price of bitcoin because me might lose if we dont know about it.
Mostly the alternative coins have a good effect on the price of other coins if the coin is relying on its price on bitcoin as if the price of bitcoin will increase then the value of other coins will also be increased relative to USD or fiat.

That's why most of the time the price of altcoins goes down (bitcoin terms) when the price of bitcoin is increasing. I think it's because you can earn profit if you sell your altcoins, so you can sell your bitcoins to USD. When the price of bitcoin has decreased, people are likely to pump up their favorite altcoins just because altcoins are based on bitcoins.

I've never seen that much active altcoins that didn't decrease in bitcoin price when the price of bitcoin has increased. There's no direct relation in their price but that's mostly what's happening.

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February 12, 2017, 11:10:20 AM
 #2826

in fact, the price of bitcoin is the main crux of bitcoin, because if bitcoin does not have a price, then no one will ever use bitcoin again. other than that, very much our effort to hold bitcoin we have to wait for the price to be higher bitcoin.
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February 12, 2017, 11:29:14 AM
 #2827

in fact, the price of bitcoin is the main crux of bitcoin, because if bitcoin does not have a price, then no one will ever use bitcoin again. other than that, very much our effort to hold bitcoin we have to wait for the price to be higher bitcoin.
With the same intensity with which today bitcoin changes its price, you no longer know when to expect increase, and whether at all a bright future for bitcoin.
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February 12, 2017, 12:58:13 PM
 #2828

in fact, the price of bitcoin is the main crux of bitcoin, because if bitcoin does not have a price, then no one will ever use bitcoin again. other than that, very much our effort to hold bitcoin we have to wait for the price to be higher bitcoin.
With the same intensity with which today bitcoin changes its price, you no longer know when to expect increase, and whether at all a bright future for bitcoin.

the bitcoin is surely will have a good future as it is the leading crypto currency that is circulating around the online world. with bitcoin all altcoins can be supported as they are basing their value on bitcoin. without bitcoin all of the crypto currency will also vanished together with bitcoin.
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February 12, 2017, 01:13:49 PM
 #2829

 When the price is rising, many people will be interested in it and they will start to invest in it.
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February 12, 2017, 01:35:48 PM
 #2830

When the price is rising, many people will be interested in it and they will start to invest in it.
Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.

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February 12, 2017, 02:03:32 PM
 #2831

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.
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February 12, 2017, 02:40:22 PM
 #2832

When the price is rising, many people will be interested in it and they will start to invest in it.
actually time it has been seen that the price is very important for bitcoin. and without the price I am sure bitcoin will not be able to live. The most important unit for bitcoin is the price
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February 12, 2017, 02:46:15 PM
 #2833

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.
Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.

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February 12, 2017, 03:02:46 PM
 #2834

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

There will no fix price for a lot of years that will come. The bitcoin number are way too many to be mined. But if everything is mined there will stiill be no fixed price.
Imagine there are 21 million golds only out there. They will try to keep storing it as long as they can for better price in the future. That is what will happen with bitcoin. It will become rare that every satoshi will count.

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February 12, 2017, 03:10:21 PM
 #2835

in fact, the price of bitcoin is the main crux of bitcoin, because if bitcoin does not have a price, then no one will ever use bitcoin again. other than that, very much our effort to hold bitcoin we have to wait for the price to be higher bitcoin.
With the same intensity with which today bitcoin changes its price, you no longer know when to expect increase, and whether at all a bright future for bitcoin.
Currently the fluctuations is running in the price of bitcoin and the price changes occur about a hundred dollars and the traders like that situation much more they are now actively investing and doing active trade and within a week they can be able to earn thousands of dollars.
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February 12, 2017, 03:13:02 PM
 #2836

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.
Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.
I think the price is not for profit only. but even you use bitcoin to currency. the price or rate of bitcoin is still needed. I thought it would never happen. bitcoin prices will continue to go up and down not ever fixed
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February 12, 2017, 03:45:10 PM
Last edit: February 13, 2017, 06:55:52 AM by Fireblade
 #2837

When the price is rising, many people will be interested in it and they will start to invest in it.
Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.
in fact the price of bitcoin has a big impact on its users. when the price of bitcoin start felling down there is just panic lick situation people want bitcoin to continue its price increasing gradually. and they do not want panic selling and price to fell down so much if the price of bitcoin be increasing continuously then i am hopeful that people will be more confident to invest their money in bitcoin.
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February 12, 2017, 04:05:57 PM
 #2838

If you look at the forecasts of specialists on bitcoin, the current decline in the price of bitcoin will benefit those who spend their savings on the purchase cryptocurrency. So metaphorically it makes a good investment for the future.
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February 12, 2017, 04:07:24 PM
 #2839

When the price is rising, many people will be interested in it and they will start to invest in it.
Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.
yes the feature of bitcoin are also important but i think the most important think is its price. the price of bitcoin really attract people toward bitcoin.

True,it's value and its fast and easy transactions. No doubt bitcoin is being known other than other cryptocurrencies. It it have lots of advantage and future.

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February 12, 2017, 05:04:49 PM
 #2840

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.
Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.
I think the price is not for profit only. but even you use bitcoin to currency. the price or rate of bitcoin is still needed. I thought it would never happen. bitcoin prices will continue to go up and down not ever fixed
The prices of Bitcoin is an important factor. As you can see, if the prices of Bitcoin keep going up, the number of Bitcoin will obviously increase and the adoption will proceed faster. We all want to see the future where Bitcoin will be the only currency on this planet.
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