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Topic: Does the Price of Bitcoin Matter? - page 102. (Read 304503 times)

hero member
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November 07, 2016, 06:31:20 AM
More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?
Hopefully it does again. Obviously more people are now using bitcoin compared to 2013 and the more users the possibility of it to go higher is likely. We still haven't reached the end of the year and who knows what might still happen. Me, im just keeping my btc's for now
hero member
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November 07, 2016, 05:36:01 AM
More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
So you're saying that user's in the year of 2013 is less but as i can see the price of bitcoin the year of 2013 november - december is really good spiked in that month and the bitcoin price hit the 1000$ and for me it's really achieve that maximum price for that year and if every one uses bitcoin is this posible that bitcoin can be 1000$ again?
legendary
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November 07, 2016, 05:05:10 AM
Price of bitcoin for me really matters. If the price is high, then I sell and hold the fiat until price dump. When the price is low, I will buy and hold bitcoin until it's price rise with good profit. It is also obvious that the price of bitcoin matters to all of us even the bitcoin devoters since it's price is what determine the activities we might all do and not do in this day or another.
Yeah, price traders will always be affected by the change in bitcoin's price and its stability, they would always want a fluctuated and flexible market. For me too, bitcoins price matters because how would I know how much is 1 bitcoin worth to buy if there is no set price of it. I believe, almost every bitcoiner will be doing similar to me.
sr. member
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November 07, 2016, 03:29:11 AM
If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.

Price of course matter to any cryptocoin this includes bitcoin. we wouldn't be buying some tokens if we see bitcoin is rising to 1000USD. You would be noticing its price when most coins are going down while btc is rising or altcoins are rising because btc value is going down.
That's the trend here, when bitcoin is up altcoins down and vice versa. The price matter especially for the traders and the investors because we are looking to take advantage on the price fluctuation since bitcoin is good in fluctuating, with price fluctuation we can make money and as a trader we do not want to see a stable price.
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November 07, 2016, 02:28:23 AM
The price of Bitcoin will make a difference as long as it will grow and fluctuate.
hero member
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November 07, 2016, 12:04:38 AM
If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.

Price of course matter to any cryptocoin this includes bitcoin. we wouldn't be buying some tokens if we see bitcoin is rising to 1000USD. You would be noticing its price when most coins are going down while btc is rising or altcoins are rising because btc value is going down.
hero member
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November 06, 2016, 11:58:51 PM
If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
Yeah, that is the advantage of using bitcoin now as it can be considered as an investment, in the future when this will be popular and widely used the price might be stable and we cannot make money on the price movement of bitcoin. For sure in the future we will enjoy shopping online than today.
newbie
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November 06, 2016, 11:20:43 PM
If bitcoin become the dominant currency of the market, the price won't matter, and it won't have a price anyone at that point. But before that happens, price would he the reason people trade bitcoin
hero member
Activity: 966
Merit: 517
November 06, 2016, 12:28:25 PM
More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
Especially in the year of 2013 and in the year of 2016 more people came to adopt bitcoin and started to use bitcoin for their uses because of the rising price of bitcoin that is a bigger proof that the price of bitcoin matter and because of price people want to come to join bitcoin.
newbie
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November 06, 2016, 12:15:23 PM
A very strange question. Of course price is important. It is the most important in the development of trade, investment and payments
hero member
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November 06, 2016, 12:09:15 PM
I - trader and is very important for me to price assets. I earn on the difference between buying and selling. But for any other person who knows how to count money price is very important
I think not only the traders who say that the price is very important, but all users will also say that the price would be important, regardless of the price of bitcoin will die
Yeah price is important for all of us because simply why would the miners even mine if they are not earning money ?

And if bitcoins do not have a price or worth then how would they earn ? how would they pay their bills and all. So, price of bitcoin heavily matters.
legendary
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November 06, 2016, 09:54:23 AM
Yes the price matters of the bitcoin and I think that its pretty important to have the price so we can see what is happening with it due to the fact that people are buying and selling on it.
If we do not have a price there will be less more buyers..

A value of something is really important and that is what and why we are working for. So basically if bitcoin has no value do you think that you would waste your time spending a lot of effort to earn some good bitcoins? Of course not, but because of bitcoins good price we are able to work harder for it because we know that it is valuable.
The price is obviously very important to us here, we are more inspired when we see a good price and whatever we do we are all happy when the price of bitcoin is increasing because we feel that we are living in a progressive world which is the crypto world.
because we knew that when btc rises up the value will be much better from our local fiat the more increase the better
we got in our investment so its really matter to most of us here.
Another reason is that if you invest your bitcoins not only the amount of bitcoins you have will increase but also if the price increases you get your earnings multiplied.
I think for all purpose use in bitcoin either investment or currency, the exchange rate or the price will always be needed, bitcoin will not be able to live without the price, it is in fact
Since bitcoin is always depends in supply and demand many investors using it as investment and and hold it for a long time because we already seen the movement of the price of bitcoin,.. more marketcap will come and i think the price will increase more.  bitcoin is always have a value because many investors are already invested.
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November 06, 2016, 09:21:30 AM
More than half of the users who were using bitcoin right now due to its increased price which is not achieved by any of the other digital currency that 've got existed. Even now if some other digital currency comes with a much increased price easily gets the attention of users.
legendary
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November 05, 2016, 07:50:59 PM
Who of all people here dont think the price of bitcoin matters? Of course it does to a lot of us specially when you are storing a lot of it. I guess it dont matter to those who dont own any. Even those who just started and want to buy price matters to them. They want it down so they can buy and profit again at the next rise.
sr. member
Activity: 476
Merit: 250
November 05, 2016, 06:22:33 PM
Yes the price matters of the bitcoin and I think that its pretty important to have the price so we can see what is happening with it due to the fact that people are buying and selling on it.
If we do not have a price there will be less more buyers..

A value of something is really important and that is what and why we are working for. So basically if bitcoin has no value do you think that you would waste your time spending a lot of effort to earn some good bitcoins? Of course not, but because of bitcoins good price we are able to work harder for it because we know that it is valuable.
The price is obviously very important to us here, we are more inspired when we see a good price and whatever we do we are all happy when the price of bitcoin is increasing because we feel that we are living in a progressive world which is the crypto world.
because we knew that when btc rises up the value will be much better from our local fiat the more increase the better
we got in our investment so its really matter to most of us here.
Another reason is that if you invest your bitcoins not only the amount of bitcoins you have will increase but also if the price increases you get your earnings multiplied.
I think for all purpose use in bitcoin either investment or currency, the exchange rate or the price will always be needed, bitcoin will not be able to live without the price, it is in fact
hero member
Activity: 2884
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November 05, 2016, 05:54:08 PM
Yes the price matters of the bitcoin and I think that its pretty important to have the price so we can see what is happening with it due to the fact that people are buying and selling on it.
If we do not have a price there will be less more buyers..

A value of something is really important and that is what and why we are working for. So basically if bitcoin has no value do you think that you would waste your time spending a lot of effort to earn some good bitcoins? Of course not, but because of bitcoins good price we are able to work harder for it because we know that it is valuable.
The price is obviously very important to us here, we are more inspired when we see a good price and whatever we do we are all happy when the price of bitcoin is increasing because we feel that we are living in a progressive world which is the crypto world.
because we knew that when btc rises up the value will be much better from our local fiat the more increase the better
we got in our investment so its really matter to most of us here.
Another reason is that if you invest your bitcoins not only the amount of bitcoins you have will increase but also if the price increases you get your earnings multiplied.
sr. member
Activity: 700
Merit: 250
November 05, 2016, 03:44:21 PM
of course the price matters if the price drop again people might give up on it so one day bitcoin might not be here anymore so while the price stay high people will keep using  It and one day it might be in everyone wallet and become the many currency of the world.
hero member
Activity: 770
Merit: 500
November 05, 2016, 01:55:36 PM
I - trader and is very important for me to price assets. I earn on the difference between buying and selling. But for any other person who knows how to count money price is very important
I agree with you. And, in fact, bitcoin price does matter to everyone who is using bitcoin and also to the government as well as the economy. Once bitcoin's price increase, many people realize the benefit and profit which Bitcoin brings to the world. As the result, many more people assume bitcoin as a world currency and this will make a large impact in the world economic system
sr. member
Activity: 2030
Merit: 323
November 05, 2016, 01:48:23 PM
Indeed, bitcoin price does matter because many users are attached with bitcoin.
Many users loves bitcoin, many users always checking the value of bitcoin.
As we all know bitcoin is currently increasing its price, and many users are
happy with it because they earn huge profit of bitcoin.

arguably many users love bitcoin because they benefit from the rising price of bitcoin. can mean the importance of bitcoin prices for users itself
of course most people buy bitcoin at lower price and sell when the price rises. By so doing they make lots of money. In this case the price of bitcoin will really matter to the person of course.
legendary
Activity: 1232
Merit: 1091
November 05, 2016, 11:33:29 AM
I think it depends on how people use bitcoin. For making a purchase or sending money, it doesn't really matter what the price is

For a lot people it does actually matter. I have seen quite some people complaining about the fact that just after they spent their coins, that the price has gone up significantly. It makes them regret having spent their coins which will result in them not so easily spending their coins another time.

However, if you save bitcoin as an investment hoping the price will increase, then obviously the price would matter.

Sure, it matters in the case that it's nice to see the price go up as that is what we all try to achieve. But if I look at myself when it comes to holding my coins for the long term, the price going down does not affect me. I am all focused on my targets where short term lower prices can't change anything to how I think about my long term investment.
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