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Author Topic: Does the Price of Bitcoin Matter?  (Read 304450 times)
30sectomarsfan
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February 28, 2017, 05:41:30 AM
 #2901

Being divisible, in reality, not really. However.... for long term success, the masses like to see big numbers like Trump!
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February 28, 2017, 05:49:27 AM
 #2902

sure it is matters, when the bitcoin price is too high to fall, then bitcoin is success.
Price bitcoin on the example of gambling. Always it turns out not as we would like. If at the beginning of the year $ 1,050 bitcoin is in two weeks again returned to the level last year.

If you try to say that the price is highly volatile and unpredictable, then you are right. But if you discard all the pumps and dumps that we have seen in the last years and open the all time charts, then you'll spot that the price has been growing constantly. If you stick to Bitcoin as a long term investment, then you don't have to worry about the usual fluctuations as the end result is that you end up seeing your investment value grow year by year. That's the most important thing for long term minded people.

My thoughts exactly. And actually it's not so uncommon for scientisst or any researchers, for example, to discard a couple of big discrepancies from a diagram in order to see the trend. If we apply this method to Bitcoin's all time graph we'll see that the price of it is rising from the beginning. And that's a good thing because yes, the price of bitcoin matters.
I remember seeing a chart here in the forum, I don't remember exactly where, where they did that experiment and the opener realized that bitcoin has been growing in average about 6% every month which is a great return on investment.
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February 28, 2017, 06:10:23 AM
 #2903

Ofcourse the price point does have some significance, actually a lt of importance, but also what problems the bitcoin blockchain can solve is just as important too. It can fight corruption both in the public and private sectors, thus saving billions if not trillions of dollars, lost every year or stolen by corrupt Individuals and Governments.


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jeraldskie11
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February 28, 2017, 06:39:09 AM
 #2904

Yes, ofcourse. The price of bitcoin is one of the reason why we are still using it. If we back in pass year and we say that the price of bitcoin still the same, I think bitcoin will be down. And its a good news to all bitcoiners when the price is hiking because that is the time to convert it into real money and it has benefits also to all who has saved bitcoin.

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Harlot
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February 28, 2017, 09:56:20 AM
 #2905

I also think it is irrelevant in terms of attracting more attention or demand. But for me or any investors out there price of Bitcoin matter as it is the main reason why people are investing at it in the first place because of its price action. Even if Bitcoin is priced at 2000$ it will have a little affect on being well known what it needs is support from businesses and governments to make it successful.
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February 28, 2017, 02:56:43 PM
 #2906

Early last year, too, do such manipulations as well as this year.


What exactly do you mean by manipulations? You believe the market prices are manipulated to make the market look similar as always? I think the pumping of coins is more important to keep prices stable in order to keep up with the demand.

Quote
The price chart is very similar, only with other figures.

I also dont get this point. Price chart is not similar but changes every now and then due to activity of traders.

Quote
So I very much hope for stabilization in the bitcoin market and that our coins will go up in price.

How exactly is that possible looking at the sheer number of traders in the equation? All of them are earning from the market and so the prices will remain unstable though maybe at a smaller margin.

R


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February 28, 2017, 05:46:47 PM
 #2907

I also think it is irrelevant in terms of attracting more attention or demand. But for me or any investors out there price of Bitcoin matter as it is the main reason why people are investing at it in the first place because of its price action. Even if Bitcoin is priced at 2000$ it will have a little affect on being well known what it needs is support from businesses and governments to make it successful.

When the bitcoin price is high and the market cap is large, more big investment funds will invest in it so the price will be higher.
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February 28, 2017, 06:13:19 PM
 #2908

I am so sure that the price of bitcoin is so important. especially at a time like this. ie times when the price of bitcoin becomes higher. I think people began to buy and hold bitcoin they have to get the right moment to sell bitcoin, bitcoin when the price reaches a high price in accordance with their purpose.

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March 01, 2017, 11:57:50 AM
 #2909

I also think it is irrelevant in terms of attracting more attention or demand. But for me or any investors out there price of Bitcoin matter as it is the main reason why people are investing at it in the first place because of its price action. Even if Bitcoin is priced at 2000$ it will have a little affect on being well known what it needs is support from businesses and governments to make it successful.

Support from governments will never happen because all governments are anti-bitcoin. It is because bitcoin stops all taxation and the government's revenue is stopped. However more business accepting bitcoin can cause a price surge which is definitely helpful.

The main source of price increase is the number of traders and traded volume of bitcoin.

Quote
When the bitcoin price is high and the market cap is large, more big investment funds will invest in it so the price will be higher.
Many of them found online are ponzi schemes and HYIP/MLM - all of which are pure scams. Most people think bitcoin = money for scammers and hence I do not know how much this will help the economy.

R


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March 01, 2017, 04:46:18 PM
 #2910

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.
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March 01, 2017, 09:11:53 PM
 #2911

Now the price of Bitcoin is very high. And many are waiting for the fall. That is why for me the price is very important. I always follow the fluctuation of prices in time to buy or sell the new coins are those that I have

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March 02, 2017, 04:47:28 AM
 #2912

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.
If the goal is only to use bitcoin gambling, practically it does not mean anything. Play does not matter what. But bitcoin in order to get more Fiat, this is a different approach. I do not believe in what they say, for the sake of bitcoin bitcoin. Only in order to sell it when the price rises high enough.
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March 02, 2017, 04:50:32 AM
 #2913

I do not believe in steady growth in bitcoin. Every time we observe unreasonable price hikes on cryptocurrency and practical reasons for the decline is nowhere in sight. It turns out that the price of bitcoin someone manages and makes a difference.
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March 02, 2017, 05:29:33 AM
 #2914

Bitcoin price really does matter, as I can observe to it investors invest in bitcoin. Because they want to earn profit well, atleast their money has been increase in such a short period of time. And the price of bitcoin now is becoming higher each day, so many bitcoin users are being into it and they could earn very well. Bitcoin price really does matter for me...

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severaldetails
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March 02, 2017, 09:05:14 AM
 #2915

Price matters everywhere, does it?
The only thing that can be as important as price, is quality.
But i have not heared about quality bitcoins, so it all comes back to the price.
The amount of things I can buy with my bitcoin is important to me and everybody else.
If that amount declines, it does not please me!
TravisNeko
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March 02, 2017, 09:59:44 AM
 #2916

It does and doesn't.
It does when you are going to invest in the bitcoin.
It doesn't if you are making a transaction or if you're going to gamble with your Bitcoin.
Xester
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March 02, 2017, 01:58:12 PM
 #2917

I am so sure that the price of bitcoin is so important. especially at a time like this. ie times when the price of bitcoin becomes higher. I think people began to buy and hold bitcoin they have to get the right moment to sell bitcoin, bitcoin when the price reaches a high price in accordance with their purpose.

You are right, the price of bitcoin does matter and it is one of the major reasons why many investors are attracted into bitcoin.  The price of bitcoin with its increasing flow of movement is a charm that bitcoin have and by the end of this year 2017 we will enjoy bitcoin at 3k dollars per coin in value. The higher the value of bitcoin the more it becomes attractive and more users will be tempted to use and buy bitcoins.
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March 02, 2017, 02:14:51 PM
 #2918

I am so sure that the price of bitcoin is so important. especially at a time like this. ie times when the price of bitcoin becomes higher. I think people began to buy and hold bitcoin they have to get the right moment to sell bitcoin, bitcoin when the price reaches a high price in accordance with their purpose.

You are right, the price of bitcoin does matter and it is one of the major reasons why many investors are attracted into bitcoin.  The price of bitcoin with its increasing flow of movement is a charm that bitcoin have and by the end of this year 2017 we will enjoy bitcoin at 3k dollars per coin in value. The higher the value of bitcoin the more it becomes attractive and more users will be tempted to use and buy bitcoins.
Yeah that is true. Bitcoin price always matter because that is one of the sign if a coin is good to invest or not. Many investors or traders or even just normal users depend on the price of a coin, if they see that the price is so high and it is doing well in the market then they will buy it but if it is not and the price is falling then they will just ignore it. That is how price affect the demand of the people.
Qunenin
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March 02, 2017, 04:00:33 PM
 #2919

It does and doesn't.
It does when you are going to invest in the bitcoin.
It doesn't if you are making a transaction or if you're going to gamble with your Bitcoin.

I agree with you , price of bitcoin matters on how people treated it.
If you look bitcoin as your need in your daily life it can be more and much important than any, but if you sees it just something to for fun for sure you do not mind on how it increases and decreases.

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DarkIT
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March 02, 2017, 04:42:41 PM
 #2920

bitcoin prices are so important. I think, many people are looking for a bitcoin, because bitcoin prices are very high. perhaps, only a few people who will be looking for bitcoin if the price is below $ 100. but, this time, has a lot of investors who invest money they have to wait in bitcoin bitcoin prices to be high.

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