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Author Topic: Does the Price of Bitcoin Matter?  (Read 304447 times)
Pasaway2701
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November 11, 2017, 08:09:44 PM
 #3621

It is really important to know what the price of bitcoin is because if you buy bitcoin at a high value then there is a possibility to lose your money because the value will go down eventually and i think that it is the most import reason why everyone is investing in bitcoin.

That is right. The value of bitcoin does matter when trading and investing. Better watch the market price when seeking or buying coins to see if going to gain huge profit from it when you do so. It is important that calculate everything before doing something because it takes risk. When going to sell where wanting for the price to increase and decrease when buy some coins. Better analyze all the time.

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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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November 12, 2017, 09:33:50 AM
 #3622

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.
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November 12, 2017, 04:01:51 PM
 #3623

Of course, it matters because everybody want to own a bitcoin not satoshis. It would be more easier to calculate your profits in BTC rather than some small pieces for satoshis. Cool
since satoshi has invested a very great potential in Bitcoin, then in time even the smallest parts of Bitcoin, that is satoshi, will have a price big enough to want not only Bitcoin but Satoshi.
Yes it matter because bitcoin is a digital currency and its price matter for every one if bitcoin price down and remain on same position so I think bitcoin will lose its value and every will return back their investment from bitcoin so I think we need to support bitcoin for its high price because bitcoin is here for us and I think it have already changed a life of thousands of people.
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November 14, 2017, 12:29:07 AM
 #3624

It matters of training course. Or else men and women will not even use Bitcoin. And it is important for all of us. Due to the fact it will be the potential funds.And you can even generate some income with it and that is extremely very good. I hope that a lot more people will also use some Bitcoin. It will be good if it is more well-liked.
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November 14, 2017, 01:14:47 AM
 #3625

It matters of training course. Or else men and women will not even use Bitcoin. And it is important for all of us. Due to the fact it will be the potential funds.And you can even generate some income with it and that is extremely very good. I hope that a lot more people will also use some Bitcoin. It will be good if it is more well-liked.
It matters, it is the one we look up everytime we want to buy or sell it, converted amount of it also matters.

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freedomgo
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November 14, 2017, 03:28:53 AM
 #3626

It matters of training course. Or else men and women will not even use Bitcoin. And it is important for all of us. Due to the fact it will be the potential funds.And you can even generate some income with it and that is extremely very good. I hope that a lot more people will also use some Bitcoin. It will be good if it is more well-liked.
It matters, it is the one we look up everytime we want to buy or sell it, converted amount of it also matters.
What matters to us is the price increase because that is the only way to make profit from our investment, however those day traders wants
a roller coaster price movement so they can get position to buy and sell with the right timing.
Just recently the price drop so hard, and I am sure smart people are now selling for a profit as the price bank up again.

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forbiddenone123
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November 14, 2017, 03:33:22 AM
 #3627

of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.
We care about the price even it is pump or dump it because does matter you can earn it and convert to bitcoin so hodl first then convert it to save more bitcoin in the future.

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November 14, 2017, 03:49:00 AM
 #3628

Bitcoin price really matter because if you are earning bitcoin especially big the value of it really matter because if the value is high then your income is big so if ever the value of bitcoin drops all you need to do is to save it until the value of bitcoin rise again before you sell or exchange it.
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November 14, 2017, 12:10:10 PM
 #3629

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
For me yes, the price matters. It is where we look up to when we first entered bitcoin. It is also the one that attracted more and more investors as time passes by. We also tend to depend on the price if bitcoin is in a good shape or not. We invested here because we know that the value is rising and we know that it will help us earn larger amount of money. In the future, all of us are hoping that the price will increase and all of these proves who the price of bitcoin matters.
Yes the price of the bitcoin is very important and the value of the bitcoin is increasing more with the passage of the time we will see how the knowledge of the bitcoin will be spread among the people and they will try the hard to make the bitcoin go more and more high with the short time investment and I am dreaming for the huge profit and the huge investment.
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November 15, 2017, 04:16:41 AM
 #3630

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
Yes it really matters it is the life of bitcoin that expand in our currency.It is the center of attraction so thats why many investors invest on bitcoin due to rising and falling of bitcoin everyone of us should be affected if it is flactuating.
Star_Bucks
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November 15, 2017, 04:27:30 AM
Merited by matanglawin (3)
 #3631

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
Most of the people here look in the price in bitcoin and maybe it is the one that attracted them the most to use bitcoin. When you are joining a certain campaign, you look at the price of bitcoin you may get so obviously you should consider it as something that matters since it is what keeping you here in the bitcoin community. You watch over the price also always so you may know when is the right time to sell or buy.
cindygirl
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November 15, 2017, 04:32:10 AM
 #3632

The logic of bitcoin having an inherent value and so the price not mattering is completely wrong. Bitcoin price relative to other currencies will always be important, currencies and goods values are always determined by local factors but also by global factors. So as an example. Say 1 Bitcoin could buy you 1 banana and 1 bitcoin was equal to 100 usd, if 1 usd was also able to buy you 1 banana then obviously everyone would be able to profit from this and this would occur until there was relative parity between them.

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goldcoinminer
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November 15, 2017, 04:38:49 AM
 #3633

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
Most of the people here look in the price in bitcoin and maybe it is the one that attracted them the most to use bitcoin. When you are joining a certain campaign, you look at the price of bitcoin you may get so obviously you should consider it as something that matters since it is what keeping you here in the bitcoin community. You watch over the price also always so you may know when is the right time to sell or buy.
Well, regardless of our purpose with our bitcoin, we need to know the price.
Majority of the users are just using it online for their personal transactions and price do matters to them as they need to buy bitcoin and convert it to fiat.
Other people are also interested in the price movement, especially the traders as they want buy low and sell high to be profitable.
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November 15, 2017, 05:55:20 AM
 #3634

The logic of bitcoin having an inherent value and so the price not mattering is completely wrong. Bitcoin price relative to other currencies will always be important, currencies and goods values are always determined by local factors but also by global factors. So as an example. Say 1 Bitcoin could buy you 1 banana and 1 bitcoin was equal to 100 usd, if 1 usd was also able to buy you 1 banana then obviously everyone would be able to profit from this and this would occur until there was relative parity between them.
if today consider Bitcoin as a payment tool, then what you said is the place to be. But if we talk about the real values ​​of Bitcoin in relation to the dollar, the dollar has a certain weight of gold in its account, and what does Bitcoin have? I was always embarrassed by the fact that Bitcoin having a huge price, is still Just air, although built on a fairly strong technology.
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November 15, 2017, 06:00:09 AM
 #3635

For me it's really matter because the price of the bitcoin is the basis of many users of bitcoin, because if the price of bitcoin will dump so the users of bitcoin will not sell it but when price of bitcoin will pump so it is the right time for them to sell it and earn more money.

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November 15, 2017, 08:33:43 AM
 #3636

For me it's really matter because the price of the bitcoin is the basis of many users of bitcoin, because if the price of bitcoin will dump so the users of bitcoin will not sell it but when price of bitcoin will pump so it is the right time for them to sell it and earn more money.

What's your point really?

Honestly, price shouldn't matter, if you are only using it as a currency, even if it reaches as low as the OP of this thread is thinking, I would still use it. But since most of us are into profit, then it will be futile if the price would just stay low, I am sure that it will bring a problem, you have to work hard, trade bigger amount and putting in extra effort to earn it if you are not buying it, so I guess, it's good that it's price is high.

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November 15, 2017, 01:01:09 PM
 #3637

Yes of course price matter .
You are right everyone is using the bitcoin because of the high price and the increasing value I hope the bitcoin will get the high place in the future and almost all the people will use the bitcoin and the future of the bitcoin will be bright if they will use the bitcoin, now if the price of the bitcoin will remain the same then not all the people will buy the bitcoin but they will do to some other place but the real reason for using the bitcoin is the high price of the bitcoin which is gradually increasing more.
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November 15, 2017, 01:42:21 PM
 #3638

Practically speaking yes! It really matter of course. Price matters when you are into trading and investing. It is your focus while doing so! And it is really important though when you are into business.

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November 16, 2017, 01:19:40 AM
 #3639

To me the price isn't that important, it is good to see it so high I just want to see longevity and for bitcoin to still be about in decades.

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November 16, 2017, 02:01:11 AM
 #3640

To me the price isn't that important, it is good to see it so high I just want to see longevity and for bitcoin to still be about in decades.
Alright, I just wanted to keep bitcoin while I was able to do it, now I no longer care about the price. After all, if we pay too much attention to the price, we will panic if there is a big dump, so ignore the bitcoin price, then your investment will be sweet in the future.
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