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Topic: Does the Price of Bitcoin Matter? - page 125. (Read 304484 times)

full member
Activity: 131
Merit: 100
September 19, 2016, 03:40:29 AM
The price of the bitcoin matters allot because you cant buy something that cant be bought by your coins because every item got a value that is worth it so yes off course is the bitcoin price a matter.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
September 19, 2016, 03:38:25 AM
The price of bitcoin is the only reason why it is so popular. The volatility of the price is the only reason why traders invest in it and make profits. Also from a more practical view in countries where fiat is still popular and bitcoin still needs acceptance, it can be exchanged to fiat - and that is where exchange rate and price again come into view.
hero member
Activity: 518
Merit: 500
September 19, 2016, 03:34:24 AM
Bitcoin's price matter because if it doesn't it would not have been supported by people and would become worthless, if that happens. With the increase in value, more people would want to have it as a form of investment that would yield a good amount of profit.
hero member
Activity: 1134
Merit: 502
September 19, 2016, 02:52:31 AM
Yeah Price of Bitcoin matter because if the price is very low then few people will only used this coin. If few people are going to use the coin then it will be known by other people very slow and the price will not rise too much. Bitcoin was the first crypto currency, even its price was low before people have no choice but to use Bitcoin. But today if the price of the coin is low they have many choices of crypto to use.
sr. member
Activity: 2030
Merit: 356
September 18, 2016, 10:50:01 PM
Bitcoin price does not matter much.
copper member
Activity: 1218
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Post your ann & bounty just contact me
September 18, 2016, 10:04:55 PM
Yes, it's the price of bitcoin is really matter. If the price of bitcoin really low, i'm sure many people will stop using bitcoin again and when the price of bitcoin high, many people will keep using bitcoin, even new bitcoin user will come.

i think the low rate not make people stoping use bitcoin, last year (2015) bitcoin price very low stable under $300 and more investor come, buying under $400 and now he double his money.
sr. member
Activity: 420
Merit: 250
September 18, 2016, 09:16:52 PM
Yes, it's the price of bitcoin is really matter. If the price of bitcoin really low, i'm sure many people will stop using bitcoin again and when the price of bitcoin high, many people will keep using bitcoin, even new bitcoin user will come.
legendary
Activity: 3150
Merit: 1148
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September 18, 2016, 10:16:29 AM
Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.
That is why the price matters to them and we traders does not want to see the price of bitcoin to be stable as we are making money on the volatility of the price.
Traders love the price fluctuation as they have the trend to follow in order for them to make money, when the price will become stable that is not the time to invest anymore so if we want to make profit in the future, now is the right time to start trading and investing.
hero member
Activity: 2926
Merit: 636
September 18, 2016, 04:21:37 AM
Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.
That is why the price matters to them and we traders does not want to see the price of bitcoin to be stable as we are making money on the volatility of the price.
newbie
Activity: 41
Merit: 0
September 18, 2016, 03:53:14 AM
Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.
legendary
Activity: 2436
Merit: 1008
September 15, 2016, 04:00:29 PM


Yes when it comes to bitcoin, price is a major factor as our actions and decision will depend on its price as we will sell our coins only at that point when we are grabbing good profits from it.

The most major factor is those things that revolving around the current price and not the price value itself.

Why the price reached that level?

What is the average volumes per day?

What is the average price high and low per day?

What are some speculations that good close to real fact why the price surges up?


If it all depends on the price when people want to sold their coins, they will have been wrecked in most of the cases like solding at the range of $600 then suddenly price rose to $800. Remember to know things that bring the price to that level before taking such buy and sell moves.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
September 15, 2016, 11:48:47 AM
Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.
sr. member
Activity: 350
Merit: 250
September 15, 2016, 10:49:43 AM
Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.
hero member
Activity: 952
Merit: 1000
September 15, 2016, 09:54:16 AM
Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.
Yeah it does , Bitcoin's price is good point for joining the bitcoin world because it has good prospect and the price is keep going up every time.
Also , you can doing investment too like trading and holding. You can get lot of benefit if start bitcoin's journey.

Yes when it comes to bitcoin, price is a major factor as our actions and decision will depend on its price as we will sell our coins only at that point when we are grabbing good profits from it.
hero member
Activity: 2814
Merit: 526
Undeads.com - P2E Runner Game
September 15, 2016, 09:38:08 AM
Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.
Yeah it does , Bitcoin's price is good point for joining the bitcoin world because it has good prospect and the price is keep going up every time.
Also , you can doing investment too like trading and holding. You can get lot of benefit if start bitcoin's journey.
legendary
Activity: 1008
Merit: 1000
September 15, 2016, 09:17:26 AM
Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.
hero member
Activity: 756
Merit: 500
September 15, 2016, 08:48:17 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.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.

Yeah that's the right thing. because it basically every technology has its own heyday, so we don't have to do considerable changes in response to a technology. enough to use it properly, then we definitely will benefit
hero member
Activity: 924
Merit: 1000
Lick me like a lolipop
September 15, 2016, 08:44:19 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.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.

Yes and if price gets stable in future then I don't think many of them would be interested their money in it as they won't be able to make quick profits if there is no price fluctuations.
legendary
Activity: 896
Merit: 1000
September 15, 2016, 08:15:23 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.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.
sr. member
Activity: 350
Merit: 250
September 15, 2016, 05:44:39 AM
If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
The Bitcoin price is so important because that is what is letting people decide of they are going to buy or sell their Bitcoin.
If the value is low then of course they are going to buy and if it goes up then they will probably sell.
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