Does the Price of Bitcoin Matter? - page 103.

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Quote from: Antesth on November 04, 2016, 03:43:55 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.

You are right because people like me who earn their livings by working as a freelancer are dependent on the price of bitcoins. Though we save some bitcoins for reward later but still the thicker amount of bitcoins are sold by us because that is what we are dependent on.

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Quote from: MTBTT on November 05, 2016, 05:15:38 AM

Quote from: Prohodimec on November 05, 2016, 04:19:41 AM

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

By the term 'the price matter' mean that the fluctuation and stability of price it means that how the price affect the bitcoin and its community. There are two conditions in price like the price will either stable or will fluctuate so we cannot say 'bitcoin regardless price' if something exist then the value/price of it exist and the same is with bitcoin.

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Quote from: outatime1 on November 05, 2016, 12:06:54 PM

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 because you can convert from fiat to bitcoin and back to fiat. However, if you save bitcoin as an investment hoping the price will increase, then obviously the price would matter.

How come it does not matter when it comes on buying something? Lets suppose something i want to buy costs $50 and i have bitcoins and fiat both, while if i buy it with fiat i will have to give the exact amount, but if i have bitcoins too and tomorrow the price of bitcoin goes up to some percent then the amount that was equal to $50 yesterday would be equal to $80 today, wont that give me a saving of $30? Of course it will, that is why the price of bitcoin is all that matters basically.

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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 because you can convert from fiat to bitcoin and back to fiat. However, if you save bitcoin as an investment hoping the price will increase, then obviously the price would matter.

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Quote from: mastica on November 05, 2016, 08:31:42 AM

In the past with bitcoin low cost and low value under 1 dollar sure the most people didnt care about it at all, but nowadays bitcoin value its 700 dollars, and saying the price wont affect them isnt true, sure if you wanna to buy something with bitcoin you will buy doesnt matter if cost 200 or 400 dollars.

yeah you're right. bitcoin has actually grown in a very short time and we here definitely are watching the movement of bitcoin's price. who would've thought that it would be this high and i think it's not going to stop here. 2017 is looking to be very promising for bitcoin users.

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In the past with bitcoin low cost and low value under 1 dollar sure the most people didnt care about it at all, but nowadays bitcoin value its 700 dollars, and saying the price wont affect them isnt true, sure if you wanna to buy something with bitcoin you will buy doesnt matter if cost 200 or 400 dollars.

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Quote from: mirakal on November 04, 2016, 11:45:55 PM

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Quote from: Antesth on November 04, 2016, 03:43:55 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.

BItcoins price matters only because others will not respect it equally if the price is low. I mean okay I would still save some 10 bitcoins for future if the price if 100$ or 1000$ but people around me will not respect me that much if I am saving something that has just 100$ worth actually.

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 AM

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

Just like you said. "For true devotees" it might be almost irrelevant. But who are these people? If the price doesn't matter then they just keep BTC and don't use it to buy anything? Because if they do then they would still compare the BTC price with USD and it would matter whether it costs $200 or $300. For me price totally matters, because I use Bitcoin to pay for rent (I exchange it to local currency).

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Quote from: Caladonian on November 04, 2016, 11:56:27 PM

Quote from: mirakal on November 04, 2016, 11:45:55 PM

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Quote from: Antesth on November 04, 2016, 03:43:55 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.

And to me the price of bitcoins is what only matters, basically I am among those who hold their bitcoins and then sell them at a higher price. So, if the price does not rise then we will have to wait long time and hence less profit too.
While if we did not had exchanges for btc to usd then there wont be any significance of the price.

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Quote from: Prohodimec on November 05, 2016, 04:19:41 AM

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

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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

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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.

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Quote from: Caladonian on November 04, 2016, 11:56:27 PM

Quote from: mirakal on November 04, 2016, 11:45:55 PM

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Quote from: Antesth on November 04, 2016, 03:43:55 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.

The value depends on dollars so when the currency of your country is not stronger compared to dollars you will earn big with your earnings here, that is the beauty of bitcoin as we are not venturing business in our local place, it's like a world market when many opportunities we can see here.

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Quote from: mirakal on November 04, 2016, 11:45:55 PM

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Quote from: Antesth on November 04, 2016, 03:43:55 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.

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Quote from: ?? on ??

Quote from: Antesth on November 04, 2016, 03:43:55 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.

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Quote from: South Park on November 04, 2016, 07:39:29 PM

The price matters even for the more hardcore bitcoiners, assuming you could earn your living and spend your bitcoin for your daily needs, if bitcoin lost half of its value in dollar terms then you will only be able to buy half of the stuff you used to, but if the price of bitcoin double you will be able to buy twice as much stuff.

Yeah price is important factor in bitcoins and people are getting attracted towards it only because of its price and if there is a major downfall in the price of bitcoins in future then many people will prefer to quit bitcoins and will switch to some other investments from where they can earn good profits.

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The price matters even for the more hardcore bitcoiners, assuming you could earn your living and spend your bitcoin for your daily needs, if bitcoin lost half of its value in dollar terms then you will only be able to buy half of the stuff you used to, but if the price of bitcoin double you will be able to buy twice as much stuff.

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Quote from: uname on November 04, 2016, 12:09:34 AM

Quote from: carriebee on November 03, 2016, 02:26:12 AM

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

Yeah you are right there is a lot of people love to bitcoin , they really get a big profit from rising price of bitcoin because they bought bitcoin in huge amount and then hold their bitcoin for high price and when price go to high then they get benefits from bitcoin.

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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..

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Quote from: Doamader on November 04, 2016, 12:18:35 PM

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For me it matters since it have to spend it. Without a value i have no idea what it is worth.
So yes the value of bitcoin is important. For everybody btw.

Price of bitcoin really matters. If you were much into the various earning methods of bitcoin only based on certain targeted earning users get involved. So to achieve this, price of bitcoin is really needed.

The price of Bitcoin is really important because if Bitcoin has no value than people would dont use Bitcoin because you cant earn money with it and that is their main reason that they are buying Bitcoins.
You need also some patience if you want to start using Bitcoin, it can takes a long time until the value will be more.

Exactly, price is a key factor in bitcoin, and that is the reason people are attracted towards it, if bitcoin holds no value in future, they everyone will simply stop using it.

Yes i agree with you. The price of bitcoin is really matter for bitcoin. I think bitcoin is popular and many people use bitcoin because the price itself. And if the bitcoin's price increase so high, it will be a good news.

Yeah price of bitcoin rely matters because it says its faith and many people use it because of its price, price also tella if it longer be stay in the market and worth to stake for i think if the price of bitcoin is low it cannot get attention to more user globally and it cannot attract business sector, thats why the price really matters because The price can say its superstar and strong and also its worth to your money to invest with, so thats all.

The increasing or decreasing price of Bitcoin affects the overall crypto portfolio. It affects the exchange as well and how much I would be able to get if I traded it in Dollars or other currencies.

Thats true some altcoins get or loose power when the price of bitcoins goes up or down, and people does make money around those pips up and down, thats why bitcoin its a cash machine but not all able to make money with those changes, it requires time and dedication.

Some traders and investors are exchange their plan if they seen that the price is going to increase so before the price starting to increase they are convert their investment into bitcoin that is why the price of bitcoin is increasing more .. and its just a nature of trading,.if bitcoin is trending in order to make profit convert your altcoin into bitcoin,.

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