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Author Topic: Does the Price of Bitcoin Matter?  (Read 304447 times)
wahb
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June 21, 2017, 08:49:42 PM
 #3361

Yes it is, If Bitcoin price is low like Dogecoin then i'll be using Bitcoin in testing my strategy in dice site not for investment. Also if the price of Bitcoin is like dogecoin again then i will not accept Bitcoin as a form of payment when i am doing transactions. Luckily the price of Bitcoin keeps going up the only problem with this is that most people who are not that rich and just know about Bitcoin will not be able to afford 1 whole coin.
for every person who have some relation with bitcoin, through trading, investment or any other relation bitcoin price is really play too much important role for all of them. for example i am holding bitcoin for last 6 months and still holding it. i think the only reason for which i am holding bitcoin is that its price will increase more and after that i will get good profit, and if the price of bitcoin do not increase any more then  i have no reason to hold it and will sell it.
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June 21, 2017, 09:16:53 PM
 #3362

Bitcoins value is derived from 2 things. First is its use as a currency where its advantage over fiat is mainly its anonymity.

These features is a two edges sword, used by many to perform illegal transactions and lack of transparency in measuring risk when there is a problem in the fees and transactions.

Of course. The price is the reason why many people want to invest their money in the cryptocurrency world. Price also is the main reason why many people are staying and earning bitcoins.

Of course price is one of the reasons, but some here is a futuristic thinker that means their passion is innovation and learning new things, these kind of people always challenge themselves to not only work with can reward but what matter to them is the

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June 21, 2017, 11:04:48 PM
 #3363

Yes it is, If Bitcoin price is low like Dogecoin then i'll be using Bitcoin in testing my strategy in dice site not for investment. Also if the price of Bitcoin is like dogecoin again then i will not accept Bitcoin as a form of payment when i am doing transactions. Luckily the price of Bitcoin keeps going up the only problem with this is that most people who are not that rich and just know about Bitcoin will not be able to afford 1 whole coin.
for every person who have some relation with bitcoin, through trading, investment or any other relation bitcoin price is really play too much important role for all of them. for example i am holding bitcoin for last 6 months and still holding it. i think the only reason for which i am holding bitcoin is that its price will increase more and after that i will get good profit, and if the price of bitcoin do not increase any more then  i have no reason to hold it and will sell it.
Yes I agree with you I am also holding my bitcoins because of the reason that its price will increase. The price affect everything and every business related to bitcoin as if a trader will see fluctuations then he will be happy and will earn income from that fluctuations in the price. The businessman will also find their budget bigger for their business if the price will increase.
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June 21, 2017, 11:33:10 PM
 #3364

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
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June 22, 2017, 08:33:21 AM
 #3365

Ofcourse, the price of bitcoin matters. Transactions ade using bitcoin depends on its price. If the value is low, you will not want to use bitcoin for payment. On the other hand, we all know that we decide whether we buy or sell bitcoin by basing on its price.

We are all attracted to the price of bitcoin. And if the price of bitcoin gets higher it also attracts a lot of new comers. And that's why price of bitcoin does really matters. And the reason why we don't want to use bitcoin when the price is low is because we will regret for using it. Most of the time we only want to spend when the price is high.
yes the price of bitcoin really matter, specially if we are attach to trading and investment. because in trading we depend on the price of bitcoin and while holding bitcoin we expect that the price of bitcoin will go high.

In trading, we are earning because of the price. And if the price seems to be high we also earn high. That's why if you don't know how to look at the price of bitcoin together with the alt coin's market, you won't be earning and doing good there. Just be patient and don't be greedy when you trade, if there's a small movement if you think you have profit, sell.



 

 

 

 

 

 


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June 22, 2017, 08:41:44 AM
 #3366

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

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June 22, 2017, 08:47:11 AM
 #3367

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.
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June 22, 2017, 09:12:37 AM
 #3368

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

You are right about that, it seems like many are just interested about bitcoin because they know that they can have money through it. It seems like the money is what does matter at all. They know that bitcoin can be something good in the future but they are more interested with what they are going to earn and how much they are going to earn.



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June 22, 2017, 09:26:43 AM
 #3369

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

You are right about that, it seems like many are just interested about bitcoin because they know that they can have money through it. It seems like the money is what does matter at all. They know that bitcoin can be something good in the future but they are more interested with what they are going to earn and how much they are going to earn.

This is a very common thing in life. People pursue engineering, marine technology, medicine, etc. because those pays well. You don't see a child out there doing medical research out of passion. Money has always been our driver as humans. A career gives you good money, then people will pursue it even when they aren't intellectually qualified. They will force their way in.

To the guy asking if people will care about bitcoin when it has no more value, the answer is no. Go outside, find a rock. That rock has no value since people can easily find a rock as well. It doesn't have value unlike other rocks like amethyst and opal. Do you care about that rock? Does anyone care about that rock? Nope. But if that rock was a gold bar, you'd be jumping happily because you just found something that is of high value.

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hurain
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June 22, 2017, 10:34:20 AM
 #3370

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.
yes no doubt that the price of bitcoin really matter in every field. for me bitcoin price really matter because i have invested a lot of money in bitcoin and if the price of bitcoin goes high it will surely give me good profit.
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June 22, 2017, 01:53:02 PM
 #3371

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.
yes no doubt that the price of bitcoin really matter in every field. for me bitcoin price really matter because i have invested a lot of money in bitcoin and if the price of bitcoin goes high it will surely give me good profit.

Yeah the price of bitcoin is important for each and every user as the buying and selling decisions will depend only on the price of bitcoins as you will sell only if price is higher then your entry price and you will buy only when price is lower.
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June 23, 2017, 06:57:48 AM
 #3372

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

You are right about that, it seems like many are just interested about bitcoin because they know that they can have money through it. It seems like the money is what does matter at all. They know that bitcoin can be something good in the future but they are more interested with what they are going to earn and how much they are going to earn.

Yes and no. Money and price is important and for investors in prime thing how much will they gain if they invest some amount, will price fall or go up. For miners they look to have more coin and less fees which is normal. But for traders they look BTC/alt ratio and how much BTC will they accumulate in trading.

So bottom line in most price matter, especially now with upcoming segwit activation.



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June 23, 2017, 07:08:52 AM
 #3373

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

You are right about that, it seems like many are just interested about bitcoin because they know that they can have money through it. It seems like the money is what does matter at all. They know that bitcoin can be something good in the future but they are more interested with what they are going to earn and how much they are going to earn.

Yes and no. Money and price is important and for investors in prime thing how much will they gain if they invest some amount, will price fall or go up. For miners they look to have more coin and less fees which is normal. But for traders they look BTC/alt ratio and how much BTC will they accumulate in trading.

So bottom line in most price matter, especially now with upcoming segwit activation.
All of us are hoping the upcoming segwit activation will bring a good price to bitcoin so investors like us can be satisfied
with our profit. Bitcoin can have a good or bad price, it is primarily depend on the market situation and right now it's good because
of the uptrend of value.

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Eternu
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June 23, 2017, 01:19:17 PM
 #3374

Definitely,the price of bitcoin matters.More people would come to invest in it when its price rises.Similarly,when its price falls down,more people would quit.Most of the people invest in bitcoins only to earn profits.Only some people would be bitcoin enthusiasts who would continue to celebrate bitcoin even if its price is low.
The price of Bitcoin does not really matter to me. I like the progression of the technological inputs for Bitcoin rather than looking at the price of  Bitcoin so much since an electronic currency is going to be known in the world eventually.

The question is, how many people would use Bitcoin if it went back to having no value?

You are right about that, it seems like many are just interested about bitcoin because they know that they can have money through it. It seems like the money is what does matter at all. They know that bitcoin can be something good in the future but they are more interested with what they are going to earn and how much they are going to earn.

Yes and no. Money and price is important and for investors in prime thing how much will they gain if they invest some amount, will price fall or go up. For miners they look to have more coin and less fees which is normal. But for traders they look BTC/alt ratio and how much BTC will they accumulate in trading.

So bottom line in most price matter, especially now with upcoming segwit activation.
All of us are hoping the upcoming segwit activation will bring a good price to bitcoin so investors like us can be satisfied
with our profit. Bitcoin can have a good or bad price, it is primarily depend on the market situation and right now it's good because
of the uptrend of value.
Yes i agree with you mate. For now price was going up and as you said that is good. For investors and people like me who are in some signature campaign. I think that most of people here are happy when price goes up and sad when goes down, i guess that less then 10 percent do not care about price of bitcoin. But with Japan and soon Australia price will go up again. Price will always matter if you ask me.
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June 23, 2017, 04:16:08 PM
 #3375

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.
yes no doubt that the price of bitcoin really matter in every field. for me bitcoin price really matter because i have invested a lot of money in bitcoin and if the price of bitcoin goes high it will surely give me good profit.

i think the price of bitcoin plays a very major role in the bitcoin popularity and progress because when the price of bitcoin was not very high before a couple of years ago, majority of the investors were not interested in bitcoin and now in this year the price pump up suddenly so a lot of people and investors attracted towards bitcoin.
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June 23, 2017, 06:13:41 PM
 #3376

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.

yes you are right the price of bitcoin matters a lot because it is the high price of bitcoin that made the people into the use of bitcoin and also a lot of people are involve in bitcoin due to high price and this high price become very useful for the investors traders and bitcoin holders.

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June 23, 2017, 10:30:50 PM
 #3377

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.

yes you are right the price of bitcoin matters a lot because it is the high price of bitcoin that made the people into the use of bitcoin and also a lot of people are involve in bitcoin due to high price and this high price become very useful for the investors traders and bitcoin holders.
We will see the real price for Bitcoin only when they cease to manipulate the crypto currency market. I understand that large whales use their large amount of Bitcoin to regulate according to Bitcoin and thus influence the entire process. Of course Everyone has his own benefit and for that, but I think that we do not see the real cost of bitcoin to date.

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June 23, 2017, 10:40:31 PM
 #3378

Price matters a lot. Because if you make a polling of users getting into bitcoin, majority of them were into it just based on the increased pricing. So pricing is the one that makes the people into the bitcoin usage and the rest is upon their understanding about bitcoin.
yes no doubt that the price of bitcoin really matter in every field. for me bitcoin price really matter because i have invested a lot of money in bitcoin and if the price of bitcoin goes high it will surely give me good profit.

i think the price of bitcoin plays a very major role in the bitcoin popularity and progress because when the price of bitcoin was not very high before a couple of years ago, majority of the investors were not interested in bitcoin and now in this year the price pump up suddenly so a lot of people and investors attracted towards bitcoin.
yes that is right, no doubt that the price of bitcoin matter a lot and that is all because of the price of bitcoin that is attracting people toward itself. for example in some time when Doge coin was trading high people were giving more preference to it but now as the price of doge so much down therefore no is not even talking about it and not ready to invest a single dollar there. therefore we can say that the price of bitcoin matter.

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June 23, 2017, 11:40:34 PM
 #3379

Yes it is, If Bitcoin price is low like Dogecoin then i'll be using Bitcoin in testing my strategy in dice site not for investment. Also if the price of Bitcoin is like dogecoin again then i will not accept Bitcoin as a form of payment when i am doing transactions. Luckily the price of Bitcoin keeps going up the only problem with this is that most people who are not that rich and just know about Bitcoin will not be able to afford 1 whole coin.
for every person who have some relation with bitcoin, through trading, investment or any other relation bitcoin price is really play too much important role for all of them. for example i am holding bitcoin for last 6 months and still holding it. i think the only reason for which i am holding bitcoin is that its price will increase more and after that i will get good profit, and if the price of bitcoin do not increase any more then  i have no reason to hold it and will sell it.
Yes I agree with you I am also holding my bitcoins because of the reason that its price will increase. The price affect everything and every business related to bitcoin as if a trader will see fluctuations then he will be happy and will earn income from that fluctuations in the price. The businessman will also find their budget bigger for their business if the price will increase.
Yes you are right that almost all of the industries related to bitcoin often is affected by the price when the price increase up higher and drop down much lower. Some are happy with it because they are getting the benefit from it wile some are sad because they want a stable price for starting their business with bitcoin.
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June 24, 2017, 09:34:58 AM
 #3380

Yes it is, If Bitcoin price is low like Dogecoin then i'll be using Bitcoin in testing my strategy in dice site not for investment. Also if the price of Bitcoin is like dogecoin again then i will not accept Bitcoin as a form of payment when i am doing transactions. Luckily the price of Bitcoin keeps going up the only problem with this is that most people who are not that rich and just know about Bitcoin will not be able to afford 1 whole coin.
for every person who have some relation with bitcoin, through trading, investment or any other relation bitcoin price is really play too much important role for all of them. for example i am holding bitcoin for last 6 months and still holding it. i think the only reason for which i am holding bitcoin is that its price will increase more and after that i will get good profit, and if the price of bitcoin do not increase any more then  i have no reason to hold it and will sell it.
Yes I agree with you I am also holding my bitcoins because of the reason that its price will increase. The price affect everything and every business related to bitcoin as if a trader will see fluctuations then he will be happy and will earn income from that fluctuations in the price. The businessman will also find their budget bigger for their business if the price will increase.
Yes you are right that almost all of the industries related to bitcoin often is affected by the price when the price increase up higher and drop down much lower. Some are happy with it because they are getting the benefit from it wile some are sad because they want a stable price for starting their business with bitcoin.

I think bitcoin price affects the crypto world just like the dollar affects fiat. We can all agree at this moment that altcoins move in reaction to btc's movements same as how other country's currencies are linked to the movement of the dollar. So definitely btc price matters a lot for thw crypto world


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