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Topic: Does the Price of Bitcoin Matter? - page 128. (Read 304503 times)

legendary
Activity: 1134
Merit: 1598
September 11, 2016, 10:00:05 AM
Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.
hero member
Activity: 1148
Merit: 504
September 11, 2016, 09:58:55 AM
Not really,it matters up to a point but what matters more is if BTC spreads its market and if more people use BTC-that's way more important for sure

If you are a day trader than that would be useful however not everyone is a day trader so it doesnt really matter. The exchange value matter only on a way when you are going to use bitcoin to buy some things, apart from that I dont really see how it matters anymore though

It matters because it becomes more attractive if it has a higher price. It matters to people because they are attracted to something that has a very value like gold. But to those who are really into bitcoin, the price does not matter. Because they believe in something that they believe is more valuable than fiat.
hero member
Activity: 1414
Merit: 574
September 11, 2016, 08:26:30 AM
Not really,it matters up to a point but what matters more is if BTC spreads its market and if more people use BTC-that's way more important for sure

If you are a day trader than that would be useful however not everyone is a day trader so it doesnt really matter. The exchange value matter only on a way when you are going to use bitcoin to buy some things, apart from that I dont really see how it matters anymore though
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
September 11, 2016, 08:19:11 AM
Not really,it matters up to a point but what matters more is if BTC spreads its market and if more people use BTC-that's way more important for sure
The price will always be the reflection on the performance of the economy, if bitcoin's price will rise that means we have a progressive market and that is actually what we are seeing right now and I know you will agree on me on that matter.
legendary
Activity: 1274
Merit: 1000
September 11, 2016, 07:56:08 AM
Not really,it matters up to a point but what matters more is if BTC spreads its market and if more people use BTC-that's way more important for sure
legendary
Activity: 1008
Merit: 1060
September 11, 2016, 07:29:54 AM
Of course, the price of Bitcoin would always matter. The inflation of Bitcoin's price is what most people are waiting for. On the other hand, plenty of people are also waiting for the price of Bitcoin to deflate. In addition, since the Bitcoin is a currency, the price of it determines its value. Too much deflation would mean that people don't value Bitcoin anymore and too much inflation would mean that the majority of people prefer Bitcoin over fiat.
hero member
Activity: 3010
Merit: 666
September 11, 2016, 07:15:40 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.

Well people some part of them make profit from the volatility of bitcoin, but not all, soo for traders price will matter, but there much more others ways as companies working with bitcoin, and they are just collecting it, for a long saving jorney.

This actually what happen in bitcoin industry.  The investor are capitalizing on the high volatility of bitcoin for their profit.  Though many have lost lots of money along the way, some are very succesful in riding with the wave.  Which made them gain alot of profit.  With merchant, the stability of price enable them to do business in more comfortable way.

I trade the bitcoin with other coins. So the volatility will be good for me if I do some range trading at the moment.
That is a good way to make money, trading with bitcoin is so profitable because the price is so volatile and with a lot of patience we can always take advantage of the movement even in a daily basis.
newbie
Activity: 58
Merit: 0
September 11, 2016, 06:26:56 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.

Well people some part of them make profit from the volatility of bitcoin, but not all, soo for traders price will matter, but there much more others ways as companies working with bitcoin, and they are just collecting it, for a long saving jorney.

This actually what happen in bitcoin industry.  The investor are capitalizing on the high volatility of bitcoin for their profit.  Though many have lost lots of money along the way, some are very succesful in riding with the wave.  Which made them gain alot of profit.  With merchant, the stability of price enable them to do business in more comfortable way.

I trade the bitcoin with other coins. So the volatility will be good for me if I do some range trading at the moment.
newbie
Activity: 41
Merit: 0
September 04, 2016, 11:00:21 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

I believe that the price can only stop to matter after the overwhelming majority of companies start accepting BTC for their goods and services, and Bitcoin replaces the most popular fiat currencies as a medium of exchange. I don't think that that is achievable - BTC will always stay a niche currency. The niche can grow very large, yes, but it will never be a universally adopted thing. That's my opinion anyway.

The price of bitcoin matters now because it is mainly an investment tool at the moment. When it is a currency, it does not matter.
newbie
Activity: 14
Merit: 0
August 16, 2016, 06:30:17 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

I believe that the price can only stop to matter after the overwhelming majority of companies start accepting BTC for their goods and services, and Bitcoin replaces the most popular fiat currencies as a medium of exchange. I don't think that that is achievable - BTC will always stay a niche currency. The niche can grow very large, yes, but it will never be a universally adopted thing. That's my opinion anyway.
legendary
Activity: 3010
Merit: 1280
Get $2100 deposit bonuses & 60 FS
August 15, 2016, 10:05:54 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.

Well people some part of them make profit from the volatility of bitcoin, but not all, soo for traders price will matter, but there much more others ways as companies working with bitcoin, and they are just collecting it, for a long saving jorney.

This actually what happen in bitcoin industry.  The investor are capitalizing on the high volatility of bitcoin for their profit.  Though many have lost lots of money along the way, some are very succesful in riding with the wave.  Which made them gain alot of profit.  With merchant, the stability of price enable them to do business in more comfortable way.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 09:44:40 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.

Yeah just imagine it being a US dollar sure it moves a lot but not that large also. I dont know any friend of mine that is investing in just storing some dollars. They exchange it to fiat fast.
hero member
Activity: 756
Merit: 501
August 15, 2016, 09:39:14 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.

Well people some part of them make profit from the volatility of bitcoin, but not all, soo for traders price will matter, but there much more others ways as companies working with bitcoin, and they are just collecting it, for a long saving jorney.
hero member
Activity: 952
Merit: 1000
August 15, 2016, 07:10:23 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 06:43:50 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
August 15, 2016, 06:36:10 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much
newbie
Activity: 14
Merit: 0
August 15, 2016, 02:59:08 AM
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
August 15, 2016, 02:44:07 AM
if you want to take a profit then the price matters but if you believe the main reason why bitcoin is created then u wont care about the price at all

I am a long term holder. I do not watch the bitcoin all the time. So the short term price does not matter to me at all.

We respect every choices here. But without making a move of it then profit will just come by the wave of bitcoin. Like right now it is below $600 from above it. So if you have sold it from that time and buy again now, you are already at profit for a lot of $.

Well that can be good decision but todays bitcoins issue's i dont think it is the right time to hold the coins in your pocket, and i am agree for above suggestion that it is better to do some profitable ideas that can make you earn more money or where you can benifited the most, make the time be worthfull and earn some wealth from it and by the time that theirs an event that can give great impact with bitcoins well you cam earn more money with it since you earn so much with it and using a good decision For investing on those early days.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
August 15, 2016, 02:38:35 AM
if you want to take a profit then the price matters but if you believe the main reason why bitcoin is created then u wont care about the price at all

I am a long term holder. I do not watch the bitcoin all the time. So the short term price does not matter to me at all.

We respect every choices here. But without making a move of it then profit will just come by the wave of bitcoin. Like right now it is below $600 from above it. So if you have sold it from that time and buy again now, you are already at profit for a lot of $.
newbie
Activity: 58
Merit: 0
August 15, 2016, 02:03:00 AM
if you want to take a profit then the price matters but if you believe the main reason why bitcoin is created then u wont care about the price at all

I am a long term holder. I do not watch the bitcoin all the time. So the short term price does not matter to me at all.
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