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Topic: Does the Price of Bitcoin Matter? - page 131. (Read 304484 times)

sr. member
Activity: 504
Merit: 250
July 18, 2016, 05:53:13 PM
To me bitcoin price matters. I believe majority are driven by the price.One the reason why bitcoin is popular compared to other cryptocurrency is the rise in the price of bitcoin.In addition,people invest in altcoin due to its potential growth(price).
of course the price of bitcoin matters for me either, i think that it will allow me to make some good money in the future if it will keep on going up over time, i hope ill be rich
hero member
Activity: 812
Merit: 1000
July 18, 2016, 05:06:43 PM
Bitcoin is very important to most of the users. There is a reason why so many are after bitcoin. They consider it as one of the biggest investments of their life. If the price didn't matter and was lower a lot of people would have abandoned it already. Bitcoin has helped a lot of people so far change their life to some extent. Many others believe in bitcoin and are saving it hoping to increase their life quality after a few years. Bitcoin price truly does matter.

Yeah price is really important factor when it comes to bitcoin as people will prefer to buy only when they feel price is lower and will sell when they are making some profits from it, so price does matters to all of us.

Yeah and I think if bitcoin would be not holding any value then majority of users would not be bother about it as people are crazy about it only because the price fluctuations allows them to make quick profits.
member
Activity: 97
Merit: 10
July 18, 2016, 04:59:27 PM
The price of bitcoin matters, with regards to the exchange rate with other currencies. Bitcoin's "value" is defined by that.  The simple reason is because all the economic activity in the world is defined by those other currencies. And most people are making their income with the established currencies. So, if they want to buy bitcoin, they're gonna do it by buying it with dollars or euros etc. And when you want to purchase something that cannot be purchased with bitcoin, how much of the particular fiat money you can buy with it will be important.
hero member
Activity: 812
Merit: 1000
July 18, 2016, 04:46:44 PM
Bitcoin is very important to most of the users. There is a reason why so many are after bitcoin. They consider it as one of the biggest investments of their life. If the price didn't matter and was lower a lot of people would have abandoned it already. Bitcoin has helped a lot of people so far change their life to some extent. Many others believe in bitcoin and are saving it hoping to increase their life quality after a few years. Bitcoin price truly does matter.

Yeah price is really important factor when it comes to bitcoin as people will prefer to buy only when they feel price is lower and will sell when they are making some profits from it, so price does matters to all of us.
legendary
Activity: 910
Merit: 1000
July 18, 2016, 03:01:54 PM
Bitcoin is very important to most of the users. There is a reason why so many are after bitcoin. They consider it as one of the biggest investments of their life. If the price didn't matter and was lower a lot of people would have abandoned it already. Bitcoin has helped a lot of people so far change their life to some extent. Many others believe in bitcoin and are saving it hoping to increase their life quality after a few years. Bitcoin price truly does matter.
newbie
Activity: 63
Merit: 0
July 18, 2016, 02:53:26 PM
To me bitcoin price matters. I believe majority are driven by the price.One the reason why bitcoin is popular compared to other cryptocurrency is the rise in the price of bitcoin.In addition,people invest in altcoin due to its potential growth(price).
legendary
Activity: 2030
Merit: 1030
Privacy is always important
July 18, 2016, 02:39:40 PM
The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.

Im afraid that the current price will take away several new supporters as they are getting problems in buy a bitcoin at 400 dollars now its almost 700dollars, but who believe will keep investing.
My expectations are that bitcoin will hit again the 1000 dollars over the next 10 years, where one more halving should occur making a huge pression into the current value.
I think we dont know what will happen in bitcoin and what will be the price of bitcoin in few years.. but the only thing that im sure bitcoin will growing and more adoption will come with bitcoin..
legendary
Activity: 1456
Merit: 1002
July 18, 2016, 02:35:41 PM
The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.

Im afraid that the current price will take away several new supporters as they are getting problems in buy a bitcoin at 400 dollars now its almost 700dollars, but who believe will keep investing.
My expectations are that bitcoin will hit again the 1000 dollars over the next 10 years, where one more halving should occur making a huge pression into the current value.

Those who think its expensive now, its the same complaint you hear back in 2008ish when it 1st started for several cents.

Then hit its first 100 marker.. its the same way.

History always repeats and its cause we have a huge financial flaw in our current system - so for someone to say its expensive they are just mis educated on the current financial system.
hero member
Activity: 756
Merit: 501
July 18, 2016, 02:10:00 PM
The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.

Im afraid that the current price will take away several new supporters as they are getting problems in buy a bitcoin at 400 dollars now its almost 700dollars, but who believe will keep investing.
My expectations are that bitcoin will hit again the 1000 dollars over the next 10 years, where one more halving should occur making a huge pression into the current value.
hero member
Activity: 644
Merit: 500
July 18, 2016, 01:56:23 PM
The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.

Ofcourse the price matters, its also that people need the price to believe in the bitcoin again if the bitcoin do not  has a price many people will not invest in the bitcoin I'm sure of that.
I think the price is very important for the people, because they want to know how much the bitcoin is worth and so you can see if the future is good.
hero member
Activity: 546
Merit: 500
July 18, 2016, 01:41:22 PM
The Bitcoin price is really important because of the fact that it can change that it is attracting allot of people to it.
People are buying and holding on to there coins because they think that the price is going to be high in the future.
legendary
Activity: 840
Merit: 1000
July 18, 2016, 09:57:53 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 super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.

I think so. It is better for the bitcoin price to rise slowly, say 3 to 5% per month, than to rise fast and drop fast.
Slowly is better because that means stable rise, we should not long to see a fast increase of bitcoins if we want to see a better price in the future. Being stable is what the big investors are waiting before they will adopt with bitcoins.
It gives us the feeling that bitcoin is legitimate and price is not manipulated, just like what happen lately when bitcoins started to increase abruptly and we think it will go to the moon but it was just a mere bubble and we are back now to $600+.
Price ups and downs will always be a part of bitcoin system, if it reaches to $1k today then there is no guarantee that it will remain stable there, it may fall back to $500 very next day.
hero member
Activity: 3052
Merit: 606
July 18, 2016, 09:33:56 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 super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.

I think so. It is better for the bitcoin price to rise slowly, say 3 to 5% per month, than to rise fast and drop fast.
Slowly is better because that means stable rise, we should not long to see a fast increase of bitcoins if we want to see a better price in the future. Being stable is what the big investors are waiting before they will adopt with bitcoins.
It gives us the feeling that bitcoin is legitimate and price is not manipulated, just like what happen lately when bitcoins started to increase abruptly and we think it will go to the moon but it was just a mere bubble and we are back now to $600+.
legendary
Activity: 3150
Merit: 1148
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July 18, 2016, 08:38:10 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 super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.

I think so. It is better for the bitcoin price to rise slowly, say 3 to 5% per month, than to rise fast and drop fast.
Slowly is better because that means stable rise, we should not long to see a fast increase of bitcoins if we want to see a better price in the future. Being stable is what the big investors are waiting before they will adopt with bitcoins.
sr. member
Activity: 434
Merit: 251
July 18, 2016, 08:26:24 AM
Sure, price of currency that you are using always matter cause it's your money, at my opinion people who don't care about price is kids or just stupid people.
newbie
Activity: 28
Merit: 0
July 18, 2016, 07:28:08 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 super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.

I think so. It is better for the bitcoin price to rise slowly, say 3 to 5% per month, than to rise fast and drop fast.
sr. member
Activity: 462
Merit: 250
July 13, 2016, 10:31:06 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 super important because that is hat is attracting most people whether they should buy or sell their coins.
The price and the fact the you can use it as an investment is what is making Bitcoin so popular.
hero member
Activity: 714
Merit: 531
July 11, 2016, 05:19:47 AM
The price of BTC doesn't matter to me since I just use it as a currency and not as an investment. Just buy BTC with the equivalent fiat amount and I'm good to go.

I would be curious to know your reasons for going through the hassle of converting regular currencies to Bitcoin when you can spend your money as is. Is it because Bitcoin offer anonymity? Personally, I probably wouldn't be buying Bitcoin if the price was stable (unless it was accepted everywhere and didn't require any effort to obtain).
I just don't get it, I don't see that bitcoins will not be accepted everywhere when the price is stable, that is the purpose I guess of becoming stable as it would simply mean that massive adoption has happened already.

Still not. There are some who will not think that way. This currency is from a great fluctuation and IT being stable doesnt mean it will be accepted. It will take time for them to see or test its stability. Questions are what if it goes back to being not stable? Trust will be the deal here. I prefer the unstable part and would rather invest in it than making it a currency for all.
I think if the price would be stable it would not be popular in the future and more users stop investing their money in terms of bitcoin because bitcoin has a great future because of the fluctuation of its price investor will encourage to invest more cause they see that they can earn lots of money if the price will continuous rising.
legendary
Activity: 3248
Merit: 1130
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July 11, 2016, 05:11:53 AM
The price of BTC doesn't matter to me since I just use it as a currency and not as an investment. Just buy BTC with the equivalent fiat amount and I'm good to go.

I would be curious to know your reasons for going through the hassle of converting regular currencies to Bitcoin when you can spend your money as is. Is it because Bitcoin offer anonymity? Personally, I probably wouldn't be buying Bitcoin if the price was stable (unless it was accepted everywhere and didn't require any effort to obtain).
I just don't get it, I don't see that bitcoins will not be accepted everywhere when the price is stable, that is the purpose I guess of becoming stable as it would simply mean that massive adoption has happened already.

Still not. There are some who will not think that way. This currency is from a great fluctuation and IT being stable doesnt mean it will be accepted. It will take time for them to see or test its stability. Questions are what if it goes back to being not stable? Trust will be the deal here. I prefer the unstable part and would rather invest in it than making it a currency for all.
hero member
Activity: 994
Merit: 502
July 11, 2016, 04:27:57 AM
The price of BTC doesn't matter to me since I just use it as a currency and not as an investment. Just buy BTC with the equivalent fiat amount and I'm good to go.

I would be curious to know your reasons for going through the hassle of converting regular currencies to Bitcoin when you can spend your money as is. Is it because Bitcoin offer anonymity? Personally, I probably wouldn't be buying Bitcoin if the price was stable (unless it was accepted everywhere and didn't require any effort to obtain).
I just don't get it, I don't see that bitcoins will not be accepted everywhere when the price is stable, that is the purpose I guess of becoming stable as it would simply mean that massive adoption has happened already.
things seemed to stabilize around the US$650 mark again. But it looks like there is a lot of resistance at this level, and we are currently in another downtrend. The lowest price point during this dip was US$600.
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