Does the Price of Bitcoin Matter? - page 119.

tygeade

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Quote from: goinmerry on October 02, 2016, 10:05:50 AM

Quote from: clickerz on October 02, 2016, 09:49:16 AM

Quote from: greBit on October 02, 2016, 09:44:49 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.

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Quote from: clickerz on October 02, 2016, 09:49:16 AM

Quote from: greBit on October 02, 2016, 09:44:49 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.

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Quote from: greBit on October 02, 2016, 09:44:49 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.

greBit

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Quote from: mace15 on October 02, 2016, 09:41:22 AM

Quote from: Mr. Big on September 27, 2016, 11:56:16 PM

Quote from: DavidoAlto on September 27, 2016, 10:01:36 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...

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.

mace15

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Quote from: Mr. Big on September 27, 2016, 11:56:16 PM

Quote from: DavidoAlto on September 27, 2016, 10:01:36 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...

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.

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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

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Quote from: Finestream on September 28, 2016, 11:45:35 PM

Quote from: BeGoods on September 28, 2016, 07:52:36 PM

Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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.

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Quote from: BeGoods on September 28, 2016, 07:52:36 PM

Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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.

BeGoods

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Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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

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Quote from: bias on September 28, 2016, 05:06:40 AM

Quote from: Mr. Big on September 27, 2016, 11:56:16 PM

Quote from: DavidoAlto on September 27, 2016, 10:01:36 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...

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.

2legit2

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Quote from: Mr. Big on September 27, 2016, 11:56:16 PM

Quote from: DavidoAlto on September 27, 2016, 10:01:36 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...

thats true, but right now bitcoins are really valuable and i am pretty sure that it will remain like that

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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!

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Quote from: winspiral on September 26, 2016, 07:33:56 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.

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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.

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Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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

bias

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Quote from: Mr. Big on September 27, 2016, 11:56:16 PM

Quote from: DavidoAlto on September 27, 2016, 10:01:36 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...

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.

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Quote from: V1saya on September 28, 2016, 04:24:46 AM

Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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.

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Quote from: Mastsetad on September 28, 2016, 04:18:54 AM

Quote from: phreaky on September 28, 2016, 04:14:18 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.

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.

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Quote from: phreaky on September 28, 2016, 04:14:18 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.

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.

phreaky

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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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