September11Myth
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March 16, 2018, 10:53:53 PM |
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The only reason the world is speaking about Bitcoin is because of its volatile price. When Bitcoin had no value in terms of price, only a few nerds were talking about it. If it still had no value in terms of price, still only a few nerds would be talking about it now.
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Farvin2
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March 17, 2018, 03:40:29 AM |
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The price of bitcoin matters a lot. The price is the reson why people are collecting and gambling with bitcoin so it's matter for all of us. Especially for investors who makes their income in bitcoin, they like the price of bitcoin go up day after day.
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alexmuro
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March 17, 2018, 05:58:53 AM |
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Of course it matters. It's easy to say that it doesn't and that we should be concerning ourselves with the network or whatnot, but lets not forget that it is the miners that prop up and support the entire network and the only reason the vast a majority of them do so it to turn a profit. If the currency was to fall to a price that they were operating at a loss they would soon shut up shop.
Its a big Yes for me. The price of bitcoin really matters because it is the main factor that investors and users get interested in bitcoin. The downtrend price initiates investors to start buying btc and holding it until price will reach to its peak. Traders start selling bitcoins at a certain price that they will gain big profits.
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jhamz03
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March 17, 2018, 07:55:20 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#ixzz3a1cH4qcUOf course bitcoin price matters, specially to those bitcoin holders, traiders and investors. The higher the price of bitcoin the bigger profit we acquired on investment, specially when the price goes up it doubles thier profits on holdings or even tripple after for some quite a while.
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jahmes123
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March 17, 2018, 08:13:22 AM |
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Of course it does specially if you are an investor the price of it really matters to you. Because it is your savings or investment and you want to make a profit from it so you want the price to go much more higher when you bought it.
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Nyeyzel
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March 17, 2018, 11:56:32 AM |
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For me, it matter, a better price means huge money to the one who invests when the price of bitcoin is low, like me. For the people who are earning in bitcoin a chance to earn more. This means our money has a chance to make double or even triple. It matters because it means that many people are adapting to use bitcoin and the demand is insufficient. Many people are investing in it.
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Edsemen
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March 17, 2018, 12:48:54 PM |
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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.
It matters at the moment! Everything's value is priced at fiat money. To gain value bitcoin has to be pegged to fiat money otherwise it is useless. The Bitcoin's ecosystem doesn't complete yet. So you have to convert BTC to fiat to spend them! Thats rights even bitcoin reached a higher value its not totaly completed. To think it matters a lot bitcoin value is volatile and we can used to it if we have it. But to spend for it, sometimes needs to convert some or even go for fiat.
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whitecaramel1
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March 17, 2018, 12:52:33 PM |
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I think ofcourse it does. It is the most important thing when you use Bitcoin. If the Bitcoin price is low you can of course buy more bitcoins, you can then make money later on. You do not want to buy at a high price because it will get allot harder for you to make a profit.
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Luce09
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March 17, 2018, 01:03:32 PM |
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I am not a trader , I do not have much experience there but I can tell you that you need to read a lot of literature, and start with a small investment .
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Markpet01
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March 17, 2018, 01:40:05 PM |
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Yes because when its down the other coin will down also and when the price is up its up also.That's why bitcoin matters.
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Alifal
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March 17, 2018, 06:05:54 PM |
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must it's matters.We have actually the stable value for the hard volume. In a all bitcoin economy, the participants will have to take the expected money value into account.So just forget about a stable price and do your own projection.
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cryp24x
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March 18, 2018, 08:02:45 AM |
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Yes, of course, the price does really matter. It is our indicator what is it's value to our current market versus fiat. It also helps us to decide when to buy and when to sell. Although we don't have that full control of its value, we have in our own little way contribute to the price growth by trading and spending.
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Marlyn1
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March 18, 2018, 01:24:27 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#ixzz3a1cH4qcUFor me, the price of bitcoin matters because it is the baseline of all cryptocurrency. When the price of bitcoin drops, almost all the other cryptocurrency also goes with it.
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gandhe83
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March 18, 2018, 01:36:18 PM |
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That right. The popularity of bitcoin makes it worth having a string associated with other coins in the crypto market. When the bitcoin value is falling. Bonding is indicated by the number of transactions of other coins released to enhance their bitcoin. In addition, bitcoin is considered to be a financially strong product of varying amplitudes. meets the needs of the user. This is the point that creates a special value for bitcoin.
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handsomes
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March 18, 2018, 02:18:11 PM |
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Absolute yes, even when it drops and rises it is a great value to us you will not see such a large amount of money so does the price of bitcoin matter all money has no more over bitcoin.
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AndrewRidley
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March 18, 2018, 02:50:08 PM |
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Yes certainly, what else it could be??
For most of the people, the price of the bitcoin matters the most, so as to me.
If the price of the bitcoin was similar to the DOGECOIN, how it will attract the people?? The pricing is the most attractive feature of bitcoin and hence people are interested in earning it. Simple math!
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Topaz72
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March 18, 2018, 07:40:10 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#ixzz3a1cH4qcUOf course bitcoin price matters, specially to those bitcoin holders, traiders and investors. The higher the price of bitcoin the bigger profit we acquired on investment, specially when the price goes up it doubles thier profits on holdings or even tripple after for some quite a while. For me too it is yes because the aim behind trading and investing is profit so if people will not get profit then they will use it but not save it, so price matters for the sake of income and profit, at this time bitcoin price is not very and it is easy to get the bitcoin, as it is cheap but volatility of bitcoin will give you chance to earn money, it allows profit at the time of green market demand , price rises thousands of dollar every month which is causing high demand of investment from bitcoin, new people are getting into bitcoin and price is rising very high.
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cherrymobile
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March 19, 2018, 10:55:32 AM |
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Im not saying price doesn't matter, but with this mentality you would have never bought Bitcoin back in the day when it was worthless, that's what separates the super early adopters from early adopters, they saw the potential without the need of a price, thats why very few get super rich, it's hard to look beyond the price.
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edir_ruvall
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March 19, 2018, 11:01:13 AM |
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The Bitcoin price does matter and it is the most important thing when you talk about Bitcoin, everybody keeps check of the price because they want to either sell of buy Bitcoin. If the price was only stable then Bitcoin would never been this popular. It's self-evident.
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Konthol Ngaceng
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March 19, 2018, 12:44:39 PM |
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The Bitcoin price does matter and it is the most important thing when you talk about Bitcoin, everybody keeps check of the price because they want to either sell of buy Bitcoin. If the price was only stable then Bitcoin would never been this popular. It's self-evident.
Precisely when the price is volatile then bitcoin will not achieve such developments, if the price is stable I would never be interested to use bitcoin because for me paypal is popular and better than the new payment system.
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