Does the Price of Bitcoin Matter? - page 122.

trickshot22

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Quote from: dunfida on September 25, 2016, 04:28:12 AM

Quote from: 1btcdream on September 24, 2016, 08:49:43 PM

Quote from: greatr on September 24, 2016, 07:56:04 PM

Quote from: Zentuple on September 21, 2016, 09:02:15 PM

It matters when you bought in the 1k+ range

well yeah if you actually bought it on a really big price then it surely matters as you would have lost a lot then

If it is the other way around and you bought a couple of thousands bitcoin below $5 you're a rich man.

Its just assuming. lol. but there are really people who bought on a certain price. Bitcoins price do really matters nowadays because if people would saw bitcoin price is high for sure many would be interested into it and also it would make decent incomes to those who work for bitcoins.

of course it matters, the bigger it is the more people get into bitcoins and make you more money

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Quote from: dunfida on September 25, 2016, 04:28:12 AM

Quote from: 1btcdream on September 24, 2016, 08:49:43 PM

Quote from: greatr on September 24, 2016, 07:56:04 PM

Quote from: Zentuple on September 21, 2016, 09:02:15 PM

It matters when you bought in the 1k+ range

well yeah if you actually bought it on a really big price then it surely matters as you would have lost a lot then

If it is the other way around and you bought a couple of thousands bitcoin below $5 you're a rich man.

Its just assuming. lol. but there are really people who bought on a certain price. Bitcoins price do really matters nowadays because if people would saw bitcoin price is high for sure many would be interested into it and also it would make decent incomes to those who work for bitcoins.

yes i agree, but i think the price is still decent to buy because it can really give you a good profit in the end, therefore my suggestion is to invest in bitcoin even in the present price.

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Quote from: Aamir1 on September 26, 2016, 01:44:06 PM

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.

Lol, both are same man! By price he probably does not mean the word price, but he means the ups and downs in price, and that is all matters in bitcoin i guess because everyone comes towards bitcoin to gain profits and if the price stays the same there wont be any profits until someone is earning them.

I'm glad making you lolling...(lol)

I dream of an unchanging bitcoin price...it would be so simpler with my U2 system for my members.

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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.

Lol, both are same man! By price he probably does not mean the word price, but he means the ups and downs in price, and that is all matters in bitcoin i guess because everyone comes towards bitcoin to gain profits and if the price stays the same there wont be any profits until someone is earning them.

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If you are accepting bitcoin in terms of fiat and keep those bitcoin for longer term than price may matter but for day to day uses it may not matter much. The one holding very large amount of bitcoin get so much effected by bitcoin price.

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Quote from: bitjoin on September 14, 2016, 12:02:31 PM

Quote from: randy8777 on September 14, 2016, 11:41:24 AM

Quote from: sishendaoye on September 14, 2016, 10:54:25 AM

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money. In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

Indeed but probably not USD cause if bitcoin overtakes USD it's bye bye to USD for good. But yeah the price of bitcoin does matter cause the price of bitcoin shows how valuable the currency is. Higher price means bitcoin are worth more and bigger, and less price is vice versa.

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Quote

Does the Price of Bitcoin Matter?

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

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Quote from: Mastsetad on September 25, 2016, 08:29:37 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

I dont think people will convert all bitcoins to fiat if the price falls but there are people always waiting for the price to drop so that they can buy more bitcoins because they believe it will grow again and they will earn profits with it, and that is why price matters in bitcoin.

some even do sell/buy for small change if they have plenty income can be huge per day but if you have small amount this may not be good
but for rest price is that matter the higher it is the better

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Quote from: d-trix on September 25, 2016, 10:01:38 PM

Quote from: universe_ on September 25, 2016, 09:01:07 PM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

you are right, as the price gets bigger more and more people get to know about bitcoins and they buy into it

Bitcoin became very popular when the price shoots up 88x up to $1200+ in 2013. If not for that bitcoin wouldn't be very popular today.

Bitcoin is more popular today because of the big improvement of the price after a big hard fall, that should be our basis for the future that bitcoin is more stronger today and we will achieve another milestone of great price, I hope early next year we can achieve $1,200 or more.

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Quote from: universe_ on September 25, 2016, 09:01:07 PM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

you are right, as the price gets bigger more and more people get to know about bitcoins and they buy into it

Bitcoin became very popular when the price shoots up 88x up to $1200+ in 2013. If not for that bitcoin wouldn't be very popular today.

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Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

you are right, as the price gets bigger more and more people get to know about bitcoins and they buy into it

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Quote from: FinanceUS on September 25, 2016, 10:59:29 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

It has upside too. If the price rises fast people may convert more fiat to Bitcoin.

However, it is just for speculation.

It is the contrary. They will sell faster than a speeding bullet. It is called panic selling. They cant control their emotion of excitement seeing there is profit already and want to take it. That is why bitcoin price dont stay up. I mean way up.

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Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

It has upside too. If the price rises fast people may convert more fiat to Bitcoin.

However, it is just for speculation.

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Quote from: freedomgo on September 25, 2016, 09:01:32 AM

Quote from: randy8777 on September 25, 2016, 08:32:27 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.

Because the price is the most visible for the eyes of the majority, and even me I look at the price because even how good the technology is but without the support and trust of the people it will not be successful, bitcoin is a good technology and it attracts more people because of the benefits we can get from using it.

Just thinking of a thing to have a price is so much good to the eyes of many. Why do they keep many valuable things as a mint. That is also because of the price. Money runs through every person that is why bitcoin should not lose its price.

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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

For me it a yes the price of bitcons matter because if we earn somuch bitcoin and we stock in from our bitcoin wallet and the bitcoin price decrease we lost so much value of bitcoin and thats not good to us who earning bitcoin from signature campaign or from trading for me the vaule of bitcoin is important.

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Quote from: X-ray on September 25, 2016, 09:04:13 AM

Quote from: randy8777 on September 25, 2016, 08:32:27 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.

actually that's the fact,imagine if bitcoin don't have that high value so people won't really get into bitcoin and make a transaction.and also as i see
most of people don't know about how bitcoin works,how it was created,and any specific thing about bitcoin,they're only use it.but it's not a problem though

Some does that. If a friend tells him hey invest here and they do already without even trying to reasearch what it is. They just question how will I gain from that. This people are just for money hoarding but not real supporters.

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Quote from: randy8777 on September 25, 2016, 08:32:27 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.

actually that's the fact,imagine if bitcoin don't have that high value so people won't really get into bitcoin and make a transaction.and also as i see
most of people don't know about how bitcoin works,how it was created,and any specific thing about bitcoin,they're only use it.but it's not a problem though

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Quote from: randy8777 on September 25, 2016, 08:32:27 AM

Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.

Because the price is the most visible for the eyes of the majority, and even me I look at the price because even how good the technology is but without the support and trust of the people it will not be successful, bitcoin is a good technology and it attracts more people because of the benefits we can get from using it.

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Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.

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Quote from: TheUltraElite on September 25, 2016, 04:37:01 AM

I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

I dont think people will convert all bitcoins to fiat if the price falls but there are people always waiting for the price to drop so that they can buy more bitcoins because they believe it will grow again and they will earn profits with it, and that is why price matters in bitcoin.

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