Does the Price of Bitcoin Matter? - page 132.

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Quote from: ObscureBean on July 11, 2016, 02:58:33 AM

Quote from: lightyard12 on July 10, 2016, 02:23:52 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.

bamboylee

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It matters because people are attracted to things that have high value. And more people will have more interest to bitcoin if it has higher value just right now. The price is very high and people are motivated to earn bitcoin because they can exchange it to more dollars thus higher pay for them.

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Quote from: lightyard12 on July 10, 2016, 02:23:52 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).

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Quote from: Hellacopter on July 10, 2016, 03:00:17 AM

The price of Bitcoin matter of course without any doubt, it's a powerful method to advertise Bitcoin and spread the word about it when the price go up and increase highly.

That is right. The higher price will attract attentions of people, after the study its benefits, they will buy it.

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Quote from: serjent05 on July 10, 2016, 05:19:23 AM

Quote from: freedomgo on July 10, 2016, 04:45:53 AM

Quote from: Babayega31 on July 10, 2016, 03:49:24 AM

Quote from: CoinFoxs on July 10, 2016, 03:11:10 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

Surely no one would use bitcoin if the price is low this is the same thing happen back on those days that bitcoin have low price and not popular, thats why price is popular because it can carry mass of people to use this because of price it can attract more investors and businessmans to go and use it s mode of their payment per transaction nor use it as investment money,

So by that price really matters it will tell the overall standing for bitcoin and it is his source of fame.

No one? Big word, I don't think that way, the price is just something that can be manipulated, what is important is the users volume because that would prove how strong bitcoin is as an economy.

Someone will still use it but majority will just give up in my opinion, but it will likely not to happen because once the adoption is everywhere, Bitcoin Value will increase then the price follows. Adoption and price increase somehow have a direct proportion. More people adopting Bitcoin = more demand. Greater demand than supply means increase in price.

That is already given, our main objectives now is to support bitcoins to be accepted by the majority and we are in the right path with the current market standing so investing now is a good idea.

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Quote from: freedomgo on July 10, 2016, 04:45:53 AM

Quote from: Babayega31 on July 10, 2016, 03:49:24 AM

Quote from: CoinFoxs on July 10, 2016, 03:11:10 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

Surely no one would use bitcoin if the price is low this is the same thing happen back on those days that bitcoin have low price and not popular, thats why price is popular because it can carry mass of people to use this because of price it can attract more investors and businessmans to go and use it s mode of their payment per transaction nor use it as investment money,

So by that price really matters it will tell the overall standing for bitcoin and it is his source of fame.

No one? Big word, I don't think that way, the price is just something that can be manipulated, what is important is the users volume because that would prove how strong bitcoin is as an economy.

Someone will still use it but majority will just give up in my opinion, but it will likely not to happen because once the adoption is everywhere, Bitcoin Value will increase then the price follows. Adoption and price increase somehow have a direct proportion. More people adopting Bitcoin = more demand. Greater demand than supply means increase in price.

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Quote from: CoinFoxs on July 10, 2016, 03:11:10 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

When you work and a certain companies pay bitcoins they could easily adjust their rates base on fiat conversion so the price does not matter anyway. We just need to see some stable price in my opinion.

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Quote from: Babayega31 on July 10, 2016, 03:49:24 AM

Quote from: CoinFoxs on July 10, 2016, 03:11:10 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

Surely no one would use bitcoin if the price is low this is the same thing happen back on those days that bitcoin have low price and not popular, thats why price is popular because it can carry mass of people to use this because of price it can attract more investors and businessmans to go and use it s mode of their payment per transaction nor use it as investment money,

So by that price really matters it will tell the overall standing for bitcoin and it is his source of fame.

No one? Big word, I don't think that way, the price is just something that can be manipulated, what is important is the users volume because that would prove how strong bitcoin is as an economy.

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Quote from: CoinFoxs on July 10, 2016, 03:11:10 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

Surely no one would use bitcoin if the price is low this is the same thing happen back on those days that bitcoin have low price and not popular, thats why price is popular because it can carry mass of people to use this because of price it can attract more investors and businessmans to go and use it s mode of their payment per transaction nor use it as investment money,

So by that price really matters it will tell the overall standing for bitcoin and it is his source of fame.

nejibens

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Yes the price of bitcoin matter surely, if the bitcoin's price get down for low level many users will stop using it and it will be harder to advertise it as well.

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Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

He is asking generally that the price of bitcoin does matter? if the price of bitcoin is low would you use bitcoin? It does matter because due to the price of bitcoin it become popular in the world and now accepted by many countries. If it's price is very low than no one can use or work on bitcoin.

Hellacopter

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The price of Bitcoin matter of course without any doubt, it's a powerful method to advertise Bitcoin and spread the word about it when the price go up and increase highly.

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Quote from: mishra1994u on July 09, 2016, 07:49:28 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

No i dont think its that simple.I earn bitcoins and buy also but it doesnt matter much to me because i do gambling with them so i do not hold them.The people who hold bitcoins do investements and do mining it effects to those only not every one who have bitcoin

Lets be peacef here. That is true we got our own reasons here. To some it matter and to some it dont. Some just use it because the currency needed to buy stuff is bitcoin, others for gambling. We have different reasons, respect.

lightyard12

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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.

hermanhs09

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Quote from: mishra1994u on July 09, 2016, 07:49:28 AM

Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

No i dont think its that simple.I earn bitcoins and buy also but it doesnt matter much to me because i do gambling with them so i do not hold them.The people who hold bitcoins do investements and do mining it effects to those only not every one who have bitcoin

yeah maybe it doesn't matter when u are losing all you're bitcoins every time but wth if you spend 100$ and the price of btc doesnt matter
for you then you can get for it 0,01? i doubt it,you would like to get the biggest amount possible to get bigger balance at gambling right?

mishra1994u

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Quote from: hermanhs09 on July 09, 2016, 07:45:23 AM

I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

No i dont think its that simple.I earn bitcoins and buy also but it doesnt matter much to me because i do gambling with them so i do not hold them.The people who hold bitcoins do investements and do mining it effects to those only not every one who have bitcoin

hermanhs09

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I dont really get the question you just asked here.
Does the price of bitcoin matter? lol it matters if you have some,if you never bought any or earned them i does not for you,simple answer.

freedomgo

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Quote from: danherbias07 on July 09, 2016, 01:58:46 AM

Quote from: Karartma1 on July 08, 2016, 11:49:03 AM

Let's not be hypocrites: I would probably want that one BTC is one BTC but unfortunately like most of you there are bills to be paid and other things which I have to buy in fiat currency and that's when I think of BTC price value.
It's, right now, inevitable for me.

Unfortunately that is true. We as users cannot let it stay for a long time for there are so much to be paid. Some can because they got a lot to save and perhaps their income is much better than us.

Well, if you are working so much in bitcoin and you have a good amount of income on a daily income you can be sure that your daily expenses will be covered, however, you will lose your chance to save and invest in bitcoin.

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Quote from: Karartma1 on July 08, 2016, 11:49:03 AM

Let's not be hypocrites: I would probably want that one BTC is one BTC but unfortunately like most of you there are bills to be paid and other things which I have to buy in fiat currency and that's when I think of BTC price value.
It's, right now, inevitable for me.

Unfortunately that is true. We as users cannot let it stay for a long time for there are so much to be paid. Some can because they got a lot to save and perhaps their income is much better than us.

freedomgo

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Quote from: Karartma1 on July 08, 2016, 11:49:03 AM

Let's not be hypocrites: I would probably want that one BTC is one BTC but unfortunately like most of you there are bills to be paid and other things which I have to buy in fiat currency and that's when I think of BTC price value.
It's, right now, inevitable for me.

If you really making money here just to finance your daily expenses then you will be having a hard time to make an investment, but it could be done with self discipline and proper budgeting if you really want to take the risk and be part of the early adopters here.

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