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Topic: Does the Price of Bitcoin Matter? - page 119. (Read 304503 times)

legendary
Activity: 2086
Merit: 1058
October 02, 2016, 09:12:17 AM

Yeah price is an major factor in bitcoin that attracts each and every users as everyone will prefer to buy when price goes lower and sell when price is high so price really matters in bitcoins.

Indeed, because at the end of the day, you will convet your bitcoin to fiat to buy basic necessities in your neighborhood. Irt really matters also as some consider bitcoin as an investment and really expecting the price to appreciate after they bought Wink No one wants to lose of course, but it happens and it depends on market movement.

Right. I use it as a means of paying my electricity and my internet connection after exchamging it to fiat. That is why I always rely on its price. If its too low then i will just sacrifice my savings to pay for the bills. I dont want to be losing profits when it rise.

Yes no one will prefer to go through loss, as everyone will spend them or sell them only when price goes higher or else everyone will choose to hold their coins without spending them.
legendary
Activity: 2940
Merit: 1083
October 02, 2016, 09:05:50 AM

Yeah price is an major factor in bitcoin that attracts each and every users as everyone will prefer to buy when price goes lower and sell when price is high so price really matters in bitcoins.

Indeed, because at the end of the day, you will convet your bitcoin to fiat to buy basic necessities in your neighborhood. Irt really matters also as some consider bitcoin as an investment and really expecting the price to appreciate after they bought Wink No one wants to lose of course, but it happens and it depends on market movement.

Right. I use it as a means of paying my electricity and my internet connection after exchamging it to fiat. That is why I always rely on its price. If its too low then i will just sacrifice my savings to pay for the bills. I dont want to be losing profits when it rise.
hero member
Activity: 1414
Merit: 505
Backed.Finance
October 02, 2016, 08:49:16 AM

Yeah price is an major factor in bitcoin that attracts each and every users as everyone will prefer to buy when price goes lower and sell when price is high so price really matters in bitcoins.

Indeed, because at the end of the day, you will convet your bitcoin to fiat to buy basic necessities in your neighborhood. Irt really matters also as some consider bitcoin as an investment and really expecting the price to appreciate after they bought Wink No one wants to lose of course, but it happens and it depends on market movement.
hero member
Activity: 714
Merit: 500
October 02, 2016, 08:44:49 AM
Yes the answer is that it matter because we are all looking at it and make an opinion about it everyday.
Without a price there wouldn't be some much investors right now!!

Precisely, if bitcoin has no value, no investor will invest to it except if they are not into profit... The valuable a thing is, the more it will be attractive... Maybe, that's also one reason why so many freelancers who are looking for opportunity to earn are trying to earn bitcoin...  Smiley


Absolutely price of bitcoin really does matter. When we bought the price of bitcoin
below $500 and it increases more than $600, definitely all investor gets more
profit in bitcoin. Thats why all users of bitcoin does keep monitoring the price
of bitcoin.

Yeah price is an major factor in bitcoin that attracts each and every users as everyone will prefer to buy when price goes lower and sell when price is high so price really matters in bitcoins.
hero member
Activity: 1428
Merit: 506
October 02, 2016, 08:41:22 AM
Yes the answer is that it matter because we are all looking at it and make an opinion about it everyday.
Without a price there wouldn't be some much investors right now!!

Precisely, if bitcoin has no value, no investor will invest to it except if they are not into profit... The valuable a thing is, the more it will be attractive... Maybe, that's also one reason why so many freelancers who are looking for opportunity to earn are trying to earn bitcoin...  Smiley


Absolutely price of bitcoin really does matter. When we bought the price of bitcoin
below $500 and it increases more than $600, definitely all investor gets more
profit in bitcoin. Thats why all users of bitcoin does keep monitoring the price
of bitcoin.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
October 02, 2016, 01:17:09 AM
Price does matter for everyday spender of bitcoin. Once verified, Bitcoin is exchanged for FIAT and a withdrawal can be placed to a bank account, just like withdrawing Bitcoins or others to wallets.  So if price is low, the profit is less
hero member
Activity: 770
Merit: 500
Bazinga!
September 28, 2016, 10:53:40 PM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.
yeah of course you remember a few years ago when prices skyrocketed bitcoin price to $ 1,200. You know virtually hundreds of thousands of people joined the bitcoin, attracted by the high price of bitcoin? me included, so the price of bitcoin will be very important, especially the high price. for stable or fluctuating, I can tolerate it
But that was just a bubble and this time the price is really telling the real standing of bitcoin in the market, maybe we should be happy now that the price do increase slowly but surely, this time there will be no crisis that will happen and we will be straightforward to success.

that is absolutely right.
we should be happy that price is rising genericly not with fake pumps because of the willy bot on the mt gox exchage site.
right now it has been a couple of years that price was rising slowly and with a good pace. and it has not yet stopped either which shows the support is strong.
hero member
Activity: 3052
Merit: 606
September 28, 2016, 10:45:35 PM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.
yeah of course you remember a few years ago when prices skyrocketed bitcoin price to $ 1,200. You know virtually hundreds of thousands of people joined the bitcoin, attracted by the high price of bitcoin? me included, so the price of bitcoin will be very important, especially the high price. for stable or fluctuating, I can tolerate it
But that was just a bubble and this time the price is really telling the real standing of bitcoin in the market, maybe we should be happy now that the price do increase slowly but surely, this time there will be no crisis that will happen and we will be straightforward to success.
legendary
Activity: 1372
Merit: 1008
September 28, 2016, 06:52:36 PM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.
yeah of course you remember a few years ago when prices skyrocketed bitcoin price to $ 1,200. You know virtually hundreds of thousands of people joined the bitcoin, attracted by the high price of bitcoin? me included, so the price of bitcoin will be very important, especially the high price. for stable or fluctuating, I can tolerate it
legendary
Activity: 2674
Merit: 1048
September 28, 2016, 06:48:38 PM
Yes the answer is that it matter because we are all looking at it and make an opinion about it everyday.
Without a price there wouldn't be some much investors right now!!

Precisely, if bitcoin has no value, no investor will invest to it except if they are not into profit... The valuable a thing is, the more it will be attractive... Maybe, that's also one reason why so many freelancers who are looking for opportunity to earn are trying to earn bitcoin...  Smiley
if price wasnt a factor alot of altcoins out there would have been more popular than bitcoin but since market price keeps bitcoins above the rest it still remains the supreme digital currency (crypto) there by influencing its demand.
of course value of bitcoin are the most important right now.

to get investors interest you have a better value , but a high or better value will mean nothing if they think bitcoin have no promosing value for the future , you may have seen there is an altcoin which have a high value in the first day they launch but in the end without potential/promising value for future , it is just meaningless.
sr. member
Activity: 406
Merit: 250
September 28, 2016, 06:33:42 PM
Yes the answer is that it matter because we are all looking at it and make an opinion about it everyday.
Without a price there wouldn't be some much investors right now!!

Precisely, if bitcoin has no value, no investor will invest to it except if they are not into profit... The valuable a thing is, the more it will be attractive... Maybe, that's also one reason why so many freelancers who are looking for opportunity to earn are trying to earn bitcoin...  Smiley
thats true, but right now bitcoins are really valuable and i am pretty sure that it will remain like that
sr. member
Activity: 420
Merit: 250
September 28, 2016, 10:53:13 AM
Yes the price is mattering because we are buying and depending on it too because we are constantly looking at it if it will be good if what will happen.
The price is very important for us all believe me!
copper member
Activity: 1815
Merit: 1004
PredX - AI-Powered Prediction Market
September 28, 2016, 09:22:05 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.






Hahaha both lines have same meaning bro, the fluctuation of bitcoin price matters and if bitcoin have high price then more people invest their money in bitcoin and more people start working on bitcoin and if price is low no one take risk of investing money so price does matter and one thing more price also attract people towards bitcoin.
hero member
Activity: 756
Merit: 501
September 28, 2016, 06:28:15 AM
The fact of bitcoin stuck at some value will let all know that bitcoin has some limit, something while the miners keep their service will happen, meaning the halving will make pression into bitcoin and we dont know what will be the price at 2100, besides know that should be above 1000 dollars. I do believe price its very important for several investors, as small traders.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
September 28, 2016, 04:40:48 AM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.

What you say is not possible, since price is a dynamic equilibrium between demand and supply. If no one would be investing at a certain price level, the price would necessarily go down, which, in its turn, would attract new investors (or provoke a panic selling). So when you see that the price is allegedly stuck at some figure, it is not because there are no more investors...

It is simply due to the fact that the opposite forces which drive the price up and down got into a temporary balance
hero member
Activity: 882
Merit: 501
September 28, 2016, 04:06:40 AM
Yes the answer is that it matter because we are all looking at it and make an opinion about it everyday.
Without a price there wouldn't be some much investors right now!!

Precisely, if bitcoin has no value, no investor will invest to it except if they are not into profit... The valuable a thing is, the more it will be attractive... Maybe, that's also one reason why so many freelancers who are looking for opportunity to earn are trying to earn bitcoin...  Smiley
if price wasnt a factor alot of altcoins out there would have been more popular than bitcoin but since market price keeps bitcoins above the rest it still remains the supreme digital currency (crypto) there by influencing its demand.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
September 28, 2016, 03:57:38 AM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.

While bitcoin value increases means increasing demands sometimes when its value decrease it's due to some setbacks like possible hacking, security related or some countries sanctioning a ban on bitcoin use. Even with those possible setbacks people continue to use it because bitcoin is the gateway to altcoins although nowadays we can also see some sites considering etherium and others but still bitcoin is the best standard currency on cryptocurrency.
Well, if the value decreases but the demand increases then that is what you called there is a big manipulation in the market, the whales are doing their thing as usual to benefit from panic selling, and I just hope the volume of adopters will continue to rise faster so they can refrain from manipulating.
hero member
Activity: 1050
Merit: 508
September 28, 2016, 03:24:46 AM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.

While bitcoin value increases means increasing demands sometimes when its value decrease it's due to some setbacks like possible hacking, security related or some countries sanctioning a ban on bitcoin use. Even with those possible setbacks people continue to use it because bitcoin is the gateway to altcoins although nowadays we can also see some sites considering etherium and others but still bitcoin is the best standard currency on cryptocurrency.
sr. member
Activity: 672
Merit: 250
September 28, 2016, 03:18:54 AM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.

Exactly, and also if the price stays stable on one place for example if the price stuck on $500 and never moved up and down, no one would have been investing this much as much they are investing now because they wouldn't see any progress but now when the price is fluctuating it attracts people because they see potential of growing in it.
hero member
Activity: 546
Merit: 500
September 28, 2016, 03:14:18 AM
Price of bitcoin shows the value of bitcoin if the price of bitcoin is very low it's not attractive for people to buy 1k bitcoins and only have a euro worth. If the value is high it's more attractive for users and investors.
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