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Author Topic: Does the Price of Bitcoin Matter?  (Read 304303 times)
ToyotaFortuner
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December 08, 2017, 09:47:51 PM
 #3781

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 main factor affecting bitcoin prices is from very high bitcoin demand and getting bitcoin getting harder, if everyone wants to have bitcoin then all will buy it until the price reaches very expensive because nobody sells cheap bitcoin.
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December 09, 2017, 04:28:29 AM
 #3782

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 main factor affecting bitcoin prices is from very high bitcoin demand and getting bitcoin getting harder, if everyone wants to have bitcoin then all will buy it until the price reaches very expensive because nobody sells cheap bitcoin.
All I can say is that the FOMO is real, people are buying in the hopes to gain profit in just a short period of time.
If only this is based on real demand, the price would not rise like that fast, it will be slow and steady and more dominant movement going up.

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December 10, 2017, 08:01:40 AM
 #3783

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

which makes expensive bitcoin prices a factor of very high market demand and very limited and little bitcoin availability, that's the main trigger for bitcoin to be very expensive.
Rate of bitcoin is the major element which effect trader motion when the rate of bitcoin decreasing the trader start buying more and more bitcoin and when the rate of bitcoin is increasing then trader start selling bitocoin.
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December 10, 2017, 04:50:01 PM
 #3784

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
Does the price of bitcoin matter ?
 For me ? Well ,of course yes .. And I think anybody who has a decent amount of Bitcoin will care about it's price or value.. Just a couple dollars can swing their net worth massively. It is a challenge and risk to hedge your investment in these conditions and as someone said earlier, most people fail to keep their holdings worth the same let alone more.
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December 10, 2017, 04:55:39 PM
 #3785

In crypto world whole big coins are just having their price in bitcoin also so you have answer in it... In crypto it is a king which control whole this world.

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tylerderden
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December 10, 2017, 07:28:07 PM
 #3786

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
Does the price of bitcoin matter ?
 For me ? Well ,of course yes .. And I think anybody who has a decent amount of Bitcoin will care about it's price or value.. Just a couple dollars can swing their net worth massively. It is a challenge and risk to hedge your investment in these conditions and as someone said earlier, most people fail to keep their holdings worth the same let alone more.
Yes, for me the price of bitcoin matter most as 1 bitcoin will always remain 1 bitcoin no matter what, but its value in paper money changes massively each year and also to transact we use $ or any other currencies and not bitcoin, so its price is more important to me. Also I earn my salary in bitcoin so it's really important to me to check the price of bitcoin before selling my coins, I always sell my coins when there is a stage of pump.
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December 10, 2017, 07:39:56 PM
 #3787

Well it seems like, yes, at least at this moment. Also including me, many people think that this upward trend will continue in the coming years too.
I can't even predict if it'll stabilized someday or not..
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December 10, 2017, 07:46:00 PM
 #3788

Bitcoin price really matters for every investors before we look price, we prioritize observing Trends, market status because it just sets us free from thoughts.
We know the fact how its price works with economics principle so we go with Analysis. Adoption increases when price is stable or increasing.
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December 10, 2017, 08:06:02 PM
 #3789

yes it matters, bitcoin is a currency and an investment. n any cases even at FIAT price does matter specially in investing , bitcoin and stock market are no different but the volatility of one another which bitcoin have more movement and most of thee time the trend of it goes up.
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December 11, 2017, 01:47:37 PM
 #3790

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

which makes expensive bitcoin prices a factor of very high market demand and very limited and little bitcoin availability, that's the main trigger for bitcoin to be very expensive.
Rate of bitcoin is the major element which effect trader motion when the rate of bitcoin decreasing the trader start buying more and more bitcoin and when the rate of bitcoin is increasing then trader start selling bitocoin.
Absolutely the price rate matters. What is else than price? It is the only main asset that people are loving. And like you said, yes traders are only looking for the prices. Where are they doing, what I have to do now, should I buy more or sell more and what and why. These all questions are just because of the prices. Bitcoin is all about the price and this is one of most impressive part of it.
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December 12, 2017, 07:08:51 AM
 #3791

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 is really for us that the price of bitcoin is really increasing,i should be get on earning a bitcoin while the price is still get on higher.
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December 12, 2017, 07:27:05 AM
 #3792

i think so as long bitcoin increasing price and dont go down price value
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December 12, 2017, 07:37:00 AM
 #3793

Yes it matter because if the price is increasing many people will try to invest and take the risk on cryptocurrency
Spain2000
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December 12, 2017, 07:38:20 AM
 #3794

Yes the price matters because price make the value in the market like if we look at the bitcoin when the price rise then the demand become slow and when the price falls then the demand high users and the investors all of them are interested in buying of this crypto currency.

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December 12, 2017, 07:55:26 AM
 #3795

If bitcoin did not reach $10k then people outside will not even bother to check out cryptocurrencies. The price really matters especially to investment and it's very clear to see how tremendous it's effect to other non-believers.
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December 12, 2017, 09:01:47 AM
 #3796

This post is from 2015 and now is 2017 where bitcoin price is very high compere to 2015 this post is dated
Yes bitcoin price is very important as a bitcoiner or as a regular investors of bitcoin
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December 12, 2017, 09:22:47 AM
 #3797

For those who are starting to invest bitcoin so bitcoin price is very problematic, but for those who have bitcoin since long course this is a very awaited because the price increase means profit increased significantly.
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December 12, 2017, 10:09:25 AM
 #3798

Yes indeed as a bitcoiner we must watch the price to give ys a better decision to cloase trade or to buy more, the thing is without careful watch the trade it will give you long term disappointment
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December 12, 2017, 10:10:46 AM
 #3799

Of course its an important matter. As a beginner on bitcoin the price is my point to how much money that i could invest on bitcoin.more higher the price more little the value of my money. And more people love to try to mining it. If the price going down many people will doing opposite. Many user of bitcoin will trying to save their money with trend selling. And the beginner try to buy as they could because the cheap price and wish to aim more profit if the price rise.

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December 12, 2017, 11:48:48 AM
Merited by EdenAquis (5), cdousley (3), viper2zero (2)
 #3800

Yes the price of bitcoin really matters too.Earning and making something out of bitcoins is really a big help to people especially with those without jobs.Bitcoin price is so helpful in their everyday needs.
Yes off course the rate of bitcoin effect because when the rate of bitcoin decreased then the trader start buying more and more bitcoin while when the rate of bitcoin is increased then people will start selling their bitcoin and that is the good trading in bitcoin for more people while some people are also investing in bitcoin.
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