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vinz7229
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October 31, 2017, 12:25:26 AM |
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Of course it really matters, especially to those people who almost invest 80 percent of their assets just to buy different kinds of coins, they need to monitor their coins according to the world market if their gaining more profit or not. And also traders don't just rely on their on speculations, they communicate with their co traders in order for them to know what coins should be stored and wait for the right time when will it pump. So Bitcoin price really matters for everybody.
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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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warr1979
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November 03, 2017, 08:22:25 PM |
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It really matters a lot. It's price is the only thing going for it; any other features of it like anonymity and fast transactions are bested by other coins like monero and litecoin so if we were to remove its price advantage, people would likely settle for some coin that is more profitable. Never mind if it's the first of its kind, people nowadays only want to profit.
The price is volatile but what matters to us most is the price to pump because that way we will be able to make a good amount of money from our investment. If that price is stable this would be boring for traders are they want to actively trade to be more profitable. I can still make money and earn profits when the price of Bitcoin decreases. You don't need to depend on the bullish trend of the market, there are many exchangers can provide a function trading with bearish trend, that is margin trading. |
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spinach98
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Activity: 98
Merit: 10
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November 03, 2017, 08:46:30 PM |
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The price of bitcoin really matters because if youll earning bitcoim youll see the difference,before bitcoin value in php is 239000 Philippine Peso then to 296000 Philippine Peso and now it increases to 373347.06 Philippine Peso,it keeps on increasing and its really help alot of people who earns bitcoin.
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keenjester
Newbie
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Activity: 56
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November 03, 2017, 09:19:35 PM |
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Yes ,of course the price of Bitcoin is a big matter. It's the only way improving to others that Bitcoin is valuable. Cause when you're looking at something, most people are watching at price tag. So the high price bitcoin can reach, the more respect they will give to it.
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Quesdana
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Activity: 212
Merit: 10
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November 03, 2017, 10:20:27 PM |
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It really matters a lot. It's price is the only thing going for it; any other features of it like anonymity and fast transactions are bested by other coins like monero and litecoin so if we were to remove its price advantage, people would likely settle for some coin that is more profitable. Never mind if it's the first of its kind, people nowadays only want to profit.
The price is volatile but what matters to us most is the price to pump because that way we will be able to make a good amount of money from our investment. If that price is stable this would be boring for traders are they want to actively trade to be more profitable. Definitely! In some aspects bitcoin price will really matter because we also need to have an assurance that if we will invest in bitcoin we could gain more money. No one will invest to something risky and knowing that they will not benefit from it, right? We can't deny that we are humans and we always need an assurance before we say yes so we can't lose our money in a blink of an eye without any returns. |
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Eugenar
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November 03, 2017, 11:23:56 PM |
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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 $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important. Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcUIt matters a lot if I would be asked. Its market value is continuously increasing as of this moment. It now reached 7500$ and is approaching to break the 8000-dollar barrier. The importance of its market value is that, the profit of the users especially the investors are dependent on its price. If the price is getting more expensive, surely, the profit tgat they will earn will also be big. |
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rushel22
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November 03, 2017, 11:39:30 PM |
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Yes, of course. Bitcoin price will really matter because everyone will always think if they can benefit from something. People will not invest in bitcoin if they think that they will not benefit from it and it is normal for us human being to think about our benefits before we will join something that is not very common to people, right?
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appleffi
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Activity: 126
Merit: 11
One of a kind
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November 04, 2017, 12:06:06 AM |
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Price is an important matter, it is one of the main factors investor was looking at to assess the ecosystem of that token they invested. And I think based on mybown perspective, the first thing that catch my attention upon monitoring the movement of the market is its price for it is the one that really directs to our understanding as to how it moves and make us decide whether to continue to store that token or sell it right away.
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Viscore
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November 04, 2017, 07:38:50 AM |
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Yes, of course. Bitcoin price will really matter because everyone will always think if they can benefit from something. People will not invest in bitcoin if they think that they will not benefit from it and it is normal for us human being to think about our benefits before we will join something that is not very common to people, right?
Of course there is a big benefit in investing with bitcoin because it is the future and the price will appreciate. The price matter because all we want is money, we will risk our money although it's a high risk investment because we are confident the success will continue and we are happy with the current situation now. |
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GrapySoapy
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November 07, 2017, 06:33:21 AM |
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Although of the volatility and how the cost can alter in each and every direction, the cost is still an important indications and isn't exactly the same if you purchase at a higher or a cheaper price ..
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King Sastro
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November 07, 2017, 08:01:57 AM |
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The basic thing we must understand is bitcoin using decentralized system so that no one can control, this is of course make a price like roller coaster that is up and down with big nominal and short tempo.
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mammoniter
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November 07, 2017, 09:59:38 AM |
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If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
True, but for me it really matters specially the market chart value since bitcoins price is affected by the supply and demand so if its value is not something that would catch an investors eye or make it popular enough to be used by people then so will decrease the number of online services and markets which who uses or prospects alike will most likely to refrain from using bitcoin. The value of an currency or a good in trading world is very crucial but the most important thing is its security and its characteristics which made bitcoin rise up from scratch. |
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Boys27
Full Member
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Activity: 329
Merit: 100
The Exchange for EOS Community
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November 07, 2017, 10:16:00 AM |
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maybe for some people bitcoin price does not matter if the price is more expensive, but for me that is the problem, therefore at this time I prefer altcoin than bitcoin.
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Bitcoinjheta
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November 07, 2017, 10:35:06 AM |
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maybe for some people bitcoin price does not matter if the price is more expensive, but for me that is the problem, therefore at this time I prefer altcoin than bitcoin.
I think in any business transaction, price will always matter. It is your basis of decision making and it will affect your goal in life. With bitcoins current exchange value,many are looking up to it and are interested to earn from it and because of this many people got the chance to earn due to the marketing strategy that it has establised. |
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Jessy Mediola
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November 07, 2017, 10:37:25 AM |
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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#ixzz3a1cH4qcUIt does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created. It matters for the general popularity of bitcoins, and it is crucial for savers. It really matters for everyone especially to those people who uses bitcoins and making money on it. By trading or by saving and investing. Because if bitcoin prices falls down. Maybe the popularity of it falls down too. Its famous as of now because of the value which is very high and reaches $7100. Its very high as of now hope it will continue to rise up. |
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Dastramus18
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November 07, 2017, 10:41:09 AM |
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Yes it does matter why would be people want it so badly if it was 1 dollar? the price of everything matters famous paintings are millions of dollars and bitcoin is just 7.5k and it is much better than all those paintings.
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Thaliron
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Activity: 87
Merit: 10
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November 07, 2017, 10:52:36 AM |
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It matters a lot because if is high people sell their coins and if bitcoin falls down very hard in his price people want it very much. If the bitcoin falls to zero the popularity would also be gone.
People want to earn money with it if bitcoin goes to 0 dollars nobody would buy it because the price is gone.
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ZedMain
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Activity: 30
Merit: 0
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November 07, 2017, 10:57:59 AM |
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Yes it does matter because people will not invest in something that is worth nothing so they do need a big price otherwise it will not be good enough to make profit out of it it does not need a very high price but even a couple of hundred dollars are good.
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dobladi
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November 07, 2017, 11:16:51 AM |
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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#ixzz3a1cH4qcUIt matters a lot i think. Bitcoin is profitable to most of its users and inv3stors because of its market value and that's what made them interested in Bitcoin. If the value of Bitcoin will continuously decrease and be low, it will be like other cryptocurrency and won't make it as this popular. |
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Dapallo
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Activity: 73
Merit: 10
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November 07, 2017, 04:23:46 PM |
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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#ixzz3a1cH4qcUIt matters a lot i think. Bitcoin is profitable to most of its users and inv3stors because of its market value and that's what made them interested in Bitcoin. If the value of Bitcoin will continuously decrease and be low, it will be like other cryptocurrency and won't make it as this popular. Its matter a lot. If bitcoin fell to 1 dollar everyone would buy millions of bitcoin, because they now know that bitcoin is unstable and gets a lot of support. So it would be easy to recover from the dropping. So in short yes it matters the price is what makes bitcoin very powerful for people. It also motives people to do something. |
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