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Author Topic: Does the Price of Bitcoin Matter?  (Read 304499 times)
Riddikulo
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November 16, 2017, 10:42:16 AM
 #3641

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.

The peak of Bitcoin popularity in the past. Today we can see a lot of ways for making investments: trading, ICO, bountiesE There is no Bitcoin predomination anymore. Owner of Bitcoin the same people as the creators of BCH. They dont believe in the potential of old, good BTC. Thats all.
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November 16, 2017, 11:01:45 AM
 #3642

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

I really dont look at bitcoin price, but its price is actually the reflection of its trend. Bitcoin showed tremendous growth and it is rest assured that will reach it peak value. Bitcoin value is ever growing, it will not surprise me when it hit the double of uta current price. I see bitcoin not as a form payment as of the moment so I wont look at its price, instead consider it as an asset so that I look at it as an ever growing personal wealth
CryptoUser25
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November 16, 2017, 11:04:01 AM
 #3643

The price does matter because nearly no one will buy bitcoins when the price is expensive. Most of the people will invest when the price is really low.

So the price of bitcoin actually matters. It also matter for my friends and my family.
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November 16, 2017, 11:12:17 AM
 #3644

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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.
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November 16, 2017, 11:22:35 AM
 #3645

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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.
It is not only matters to the traders but for the investors and almost all the bitcoin users see the price as a basis for them if they will get into it or just ignore it and choose other investment. The price of bitcoin is the most attractive for overall because with the price you can see if it is interesting and if you will earn money with that or not.
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November 16, 2017, 01:04:11 PM
 #3646

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 does matter because it a currency and price is very important for any currency because bitcoin have a lot of traders and investors here so the price is very important for them when the price of bitcoin become stable so it will lose its value and it will badly effect it users so everyone want to see bitcoin price high because we love bitcoin.

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November 16, 2017, 01:07:51 PM
 #3647

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

The price of bitcoin is really matter for the one whos using it, but the one who dont know about bitcoin its doesnt matter Cheesy

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November 16, 2017, 01:34:31 PM
 #3648

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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.

Your statement presuppose you have an "infinite" amount of bitcoin. As a trader, you should look for the spread and price variations rather than the absolute price. Percentage wise, you make money with a delta. If the gradient is null, then no profit.
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November 16, 2017, 01:45:16 PM
 #3649

Price matters, but i think the vice versa connection is more relevant. Like after tanks went into Zimbabwe capital.
And, apparently, some people kill for Bitcoin - so from this point of view price matters.

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November 16, 2017, 01:52:18 PM
 #3650

yes to all the investor or the people that put their money on it.. the bitcoin price matter. because of the demand and the use case of bitcoin the price of the bitcoin go through the roof. this year has big leap to bitcoin its like 1000% rise.
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November 16, 2017, 02:45:39 PM
 #3651

Of course the bitcoin price matter the most. Most especially to traders and investors. If you find our that the price is doing good, the currency is being successful, many investors will put and keep their moneys. At the same time, traders wi be affect on the price.

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November 16, 2017, 11:36:16 PM
 #3652

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.
Of course price of bitcoin matter because people need to have knowledge about bitcoin latest price and then they will easily transact and will earn bitcoin. People have a lot of interest in the price of bitcoin because they earn bitcoin and exchange into fiat which really matter for them.
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November 16, 2017, 11:37:08 PM
 #3653

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.
Yes you are right price matter for some people and for some not because there are some people who invest in bitcoin just to have know  about it and have good time and that’s why they have good time also but those people who have interest in the price of bitcoin then that person will worried every time and ruined his life totally if the price goes down.

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November 16, 2017, 11:39:05 PM
 #3654

Until the day that bitcoin is the only globally accepted currency, and by that I mean the only currency in the world, then of course the price will matter. Frankly I don't think that day will come and so for me the price will always matter if I own some bitcoin. I would own bitcoin with the hope of growing my dollar amount.

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November 17, 2017, 10:50:43 AM
 #3655

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.

The peak of Bitcoin popularity in the past. Today we can see a lot of ways for making investments: trading, ICO, bountiesE There is no Bitcoin predomination anymore. Owner of Bitcoin the same people as the creators of BCH. They dont believe in the potential of old, good BTC. Thats all.
Yes off course bitcoin price matter if you don’t know about bitcoin price so you can’t do any trade or investment and I always check the price of bitcoin in order to I play here with good trade so if the price go down or it remain on same place so it will lose its value and I think world need bitcoin with high price and they also support bitcoin.
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November 17, 2017, 11:09:47 AM
 #3656

Until the day that bitcoin is the only globally accepted currency, and by that I mean the only currency in the world, then of course the price will matter. Frankly I don't think that day will come and so for me the price will always matter if I own some bitcoin. I would own bitcoin with the hope of growing my dollar amount.
I agree many people was actually invested on bitcoin because they want to get a profit out of it ! meaning the price will always matter ! Imagine if bitcoin has no value I doubt  if people will still use bitcoins.
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November 17, 2017, 11:11:57 AM
 #3657

Yes, the price of Bitcoin is the big matter about how they lookt at Bitcoin. Imaging Bitcoin reachs to the 10k$ goal. They will not say Bitcoin is a fraud any more and change their view into a positive way about Bitcoin.

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November 17, 2017, 11:44:36 AM
 #3658

Until the day that bitcoin is the only globally accepted currency, and by that I mean the only currency in the world, then of course the price will matter. Frankly I don't think that day will come and so for me the price will always matter if I own some bitcoin. I would own bitcoin with the hope of growing my dollar amount.
I agree many people was actually invested on bitcoin because they want to get a profit out of it ! meaning the price will always matter ! Imagine if bitcoin has no value I doubt  if people will still use bitcoins.
If bitcoin doesn't have any value or a high price then people will be lesser in terms of amount of users than now because the price is only one of the attractions of bitcoin and whether we accept it or not, the price is the only thing that matter for most of the people and that is why they are keep coming and staying in bitcoin because of the price.
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November 17, 2017, 11:52:51 AM
 #3659

Of course the price matters, and the more people get to know about bitcoin, the more value the price has! For the majority, bitcoin is just a means to become richer
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November 17, 2017, 11:57:01 AM
 #3660

Bitcoin is looked at as a value. It is often transferred visually into fiat money to see its worth. Price matters a lot cause it is compared to euros, dollars or other fiat money. The current state of its value is acceptable to investors but if there weren't any comparison to standard currencies than all of it would be for nothing. People would possess BTC not knowing its value. Miners want to know what is the price to calculate their expenses. Investors want to calculate a value of the BTC that will be returned to them. All of us have some goals and that goal would be impossible to achieve without knowing the real price at the given moment.

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