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Author Topic: Does the Price of Bitcoin Matter?  (Read 304499 times)
taxmanmt5
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March 20, 2017, 11:49:15 AM
 #2961

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.

Yes, As the price grows its shows the bitcoin demand is high and if the price drops, it can create panic among users as if any loop hole is found in bitcoins or it may not last long.  For traders, the price is utmost important as their trading depends on the price. The high the price, the better for everyone.
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March 20, 2017, 12:41:04 PM
 #2962

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.

Yes, As the price grows its shows the bitcoin demand is high and if the price drops, it can create panic among users as if any loop hole is found in bitcoins or it may not last long.  For traders, the price is utmost important as their trading depends on the price. The high the price, the better for everyone.
The demand is real when the price continues to rise but since it does not happen that way, I can still sense that there is some manipulation that is happening. People do panic selling because they saw how the price of bitcoin fall and it's not good for them but good for the whales, since the whales have most of the coins in the circulation they can dictate the price movement.

That is not new to us actually and we get used to it, the trend is very simple, we should follow it to be profitable.

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March 20, 2017, 04:33:43 PM
 #2963

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
I think most users bitcoin investments require a high price while those using bitcoin to the currency would have the rate or the price so that they can use bitcoin for currency  the point price is needed

I am seriously not getting what you are trying to say your statement is very much confusing to get any idea anyways coming to the topic I think yes price is really important in bitcoins and its only the price that attracts many new investors to invest their money in bitcoins and if bitcoin would be holding lower price then I doubt it will be much popular as it is now.

I agree, it determines if we should continue earning bitcoin or not. Do you think if bitcoin has a small value it will still attract many investors? No, i think not. We earn bitcoin because we all see its continues increase in value over the year. And we want to have some of it hoping to be rich in the future.

It still might. Let's say the price of bitcoin goes down to $500, you'd see signature campaigns increasing their rates in terms of bitcoin. All the other online tasks as well will have higher rewards since the price of bitcoin has decreased substantially. The same thing will happen when the price has increased, the signature campaigns will decrease the rates. Since we're all still depending on fiat and the prices of stuffs are based on fiat, we also base the pay rate for jobs in fiat. Thus, when the exchange price has moved, the payrate will move as well.

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March 21, 2017, 12:05:02 AM
 #2964

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
That is the terms of the investor certainly they wait and hold their bitcoin because they wanted to wait for a higher price so they can make profits. the price is very important here
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March 21, 2017, 12:44:41 AM
 #2965

PRICE really matter dude.
This is why we continue on holding our coins in  our wallets so if the price rises and reaches its peak we gonna sell it and make some profit on that way.
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March 21, 2017, 01:18:37 AM
 #2966

PRICE really matter dude.
This is why we continue on holding our coins in  our wallets so if the price rises and reaches its peak we gonna sell it and make some profit on that way.
Regardless of the user only requires a low price or high price. all bitcoin users would need a price or rate.. price is the most important unit for living bitcoin
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March 21, 2017, 01:43:10 AM
 #2967

a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.

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March 21, 2017, 01:46:18 AM
 #2968

For me bitcoin price really matter not for only one user but for all who are really invested in bitcoin. For those who holds bitcoin because we believe its price will rise again as the price now has fallen. So bitcoin price really matters as this is the reasons why others attract to bitcoin.
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March 21, 2017, 02:02:52 AM
 #2969

a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.

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March 21, 2017, 03:20:21 AM
 #2970

a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.

The price dump could not be permanent, everything requires timing in order to find the real value in buying and selling. The recent price dump is already a great opportunity to buy as we all know the price will rise accordingly. The volatility of the price is our friend, without it we will not earn in trading.

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March 21, 2017, 04:41:40 AM
 #2971

a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.

The price dump could not be permanent, everything requires timing in order to find the real value in buying and selling. The recent price dump is already a great opportunity to buy as we all know the price will rise accordingly. The volatility of the price is our friend, without it we will not earn in trading.
Yes i think for the traders will realiza it for another chance to gets the cheap coin. But for the people are not a traders and they will be feeling scared about that market. Dump and pump is the usual thing in crypto and i guess you'll be find with it. Just try to analyze the situation. and don't be following the rumour in our community.

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March 21, 2017, 04:54:53 AM
 #2972

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
That is the terms of the investor certainly they wait and hold their bitcoin because they wanted to wait for a higher price so they can make profits. the price is very important here

Yes, I agree with you, price do matter that is why people are holding coin for long because they totally wait for big peak value per coin. More you hold, more are the chances that the price will increase further and therefore people tends to save it to get lots of profit.

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March 21, 2017, 05:28:28 AM
 #2973

I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
That is the terms of the investor certainly they wait and hold their bitcoin because they wanted to wait for a higher price so they can make profits. the price is very important here

Yes, I agree with you, price do matter that is why people are holding coin for long because they totally wait for big peak value per coin. More you hold, more are the chances that the price will increase further and therefore people tends to save it to get lots of profit.
Correct holding bitcoin is good it will give you high profit in the time that bitcoin value will increase and that is why the value/price of bitcoin always matter because on that we can calculate our future income/profit.

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batang_bitcoin
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March 21, 2017, 05:37:16 AM
 #2974

For me bitcoin price really matter not for only one user but for all who are really invested in bitcoin. For those who holds bitcoin because we believe its price will rise again as the price now has fallen. So bitcoin price really matters as this is the reasons why others attract to bitcoin.

It does really matter because we are not going to stay here if the price of bitcoin is very low or it doesn't have value at all. But because the price is very high and good to consider we are here and keep on hoping that the price is going to be higher because we do believe that all of us will become rich because of bitcoin.

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ASHLIUSZ
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March 21, 2017, 05:39:43 AM
 #2975

a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.

Adoption in terms of market and stores might decrease if the price was not stable. The fluctuating price is the key factor to the profit through the basic buying and selling process.  So people will continue to increase adoption. The price truly matters, the recent fall is an example, during the time of bitcoin's price drop eth was increasing. This got more attraction towards eth than bitcoin.
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March 21, 2017, 07:48:56 AM
 #2976

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
Bitcoin price now really matter, anybody if they see bitcoin is getting higher for many of the bitcoin community will more get interest into it. and besides, even in the other trading platform once there is a motion in the price the traders will also get react on it because it really matters for the traders.
yrreg ger
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March 21, 2017, 11:04:36 AM
 #2977

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
Those who are involve in Bitcoin, price is very important because in every satoshi in btc it is useful to get much money. In our bitcoin trading the increasing and decreasing of the exchanges between dollar and btc is important in user. If you have a bitcoin you want is to changes for local currency but with the higher value. So that, importance of price is very important in trading from btc to dolar to earn more money.
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March 21, 2017, 12:06:28 PM
 #2978

Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.

I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out,  BTC still has to stand out.
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March 21, 2017, 12:41:52 PM
 #2979

Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high

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Harlot
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March 21, 2017, 01:08:29 PM
 #2980

Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.

I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out,  BTC still has to stand out.
What are saying that Bitcoin right now has lost its shine. In my point of view even if Bitcoin existed in many years it is still on the growth stage which means it is still growing everyday. The proof is the rest of the world still has to know Bitcoin because right now only a few know about what Bitcoin is. If the time comes the demand will greatly follow.
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