Does the Price of Bitcoin Matter? - page 138.

goinmerry

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Quote from: rhed718 on June 30, 2016, 11:31:51 PM

for me yes it matters, for most users the price of bitcoin matter who have a large number of bitcoin in their wallets while those who do not have any bitcoin do not care about it, but if they are online earners of bitcoin then they will care.

There are lots of online earners now. But you are right there are still those whose purpose are just for fun. They didnt know internet can do many things. Like us who can create some cash spending sometime online. Those people who does not know it will never care.

groll

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Quote from: NeuroticFish on May 13, 2015, 09:55:55 AM

What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.

The trend is important especially in trading but without a price there will be no trends. Trends are the movement of bitcoins price in a given scale. Price is the most important thing why bitcoin is used by people. Without monetary value then nobody will gonna patriot bitcoins. In our world today monetary value is essential especially when we talk about markets. So lets pray for the increase of bitcoins price.

rhed718

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for me yes it matters, for most users the price of bitcoin matter who have a large number of bitcoin in their wallets while those who do not have any bitcoin do not care about it, but if they are online earners of bitcoin then they will care.

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Quote from: Vikingr on June 30, 2016, 02:57:05 PM

Quote from: rio3233 on June 30, 2016, 08:43:59 AM

I think the price of bitcoin is the best reason why many people using bitcoin. If the price of bitcoin really low, people will leavei bitcoin. That's why the price of bitcoin is really matter.

people will not leave bitcoin if the price of bitcoin is lowered , but they will leave if the price of bitcoin continuously go to lower as with that people will have fear of losing their coins. while if the price is at lower value and it do not go further to lower and come to stability then people will not leave it .

As long as people are supporting bitcoins, the price will never become worthless, this has been tested through times and many bad news have spread in and out of the community but bitcoin was able to stand and now even performing well as evidence by the price increase.

Vikingr

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Quote from: rio3233 on June 30, 2016, 08:43:59 AM

I think the price of bitcoin is the best reason why many people using bitcoin. If the price of bitcoin really low, people will leavei bitcoin. That's why the price of bitcoin is really matter.

people will not leave bitcoin if the price of bitcoin is lowered , but they will leave if the price of bitcoin continuously go to lower as with that people will have fear of losing their coins. while if the price is at lower value and it do not go further to lower and come to stability then people will not leave it .

hawkins

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I guess for some people the price of bitcoin is not important. I have friends who do not care about any price bitcoin, he continues to look for bitcoin. even I have never heard him talk about the price of bitcoin, because I think he does not care about it

agustina2

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Quote from: plost24 on June 30, 2016, 10:21:09 AM

bitcoin price always matter because that is how bitcoin will be more populaire and will be used in some business and why not will be the next fiat if the price will get higher that the actual price.
when the price grow the number of user of bitcoin will grow and that is will help to reach the goal of bitcoin becoming the next fiat.

Bitcoin price is nothing if it's entirely used in business that only conducts bitcoin transaction in all sides of the business. Regardless of the USD price of it, the value is still BTC1 to BTC1.

If bitcoin price will primarily used in investment then will be the real impact of price, so price really matters in terms of investing.

BitcoinHodler

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Quote from: plost24 on June 30, 2016, 10:21:09 AM

bitcoin price always matter because that is how bitcoin will be more populaire and will be used in some business and why not will be the next fiat if the price will get higher that the actual price.
when the price grow the number of user of bitcoin will grow and that is will help to reach the goal of bitcoin becoming the next fiat.

bitcoin price is not the reason for its popularity, although it can contribute a lot to bitcoins popularity but it is not the main reason for it. the main reason would be bitcoin itself and its usages as in the services that are accepting bitcoin.

plost24

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bitcoin price always matter because that is how bitcoin will be more populaire and will be used in some business and why not will be the next fiat if the price will get higher that the actual price.
when the price grow the number of user of bitcoin will grow and that is will help to reach the goal of bitcoin becoming the next fiat.

Doamader

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In the end the price will always matter as bitcoins is for the most an investment opportunity to make easy and raise their portfolio. Its the same as get two offers of job one paying you 500 and other paying you 800dollars ,same region and bot big companies you would choose for sure the higgest.
Most of us consider bitcoin extra source of income soo its impossible say the price wont affect us.

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Quote from: BitcoinPaw on June 30, 2016, 09:20:22 AM

If people cares how much money do they have, yes it's matter, bitcoin with $450 and $500 is really big difference, it's not really correct question Grin

It's not only on how much do they hold, it's also for the work they'll be getting because if the price is good and the work you do is paying you in bitcoin rate, then it will be a good news to you.

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If people cares how much money do they have, yes it's matter, bitcoin with $450 and $500 is really big difference, it's not really correct question Grin

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Quote from: mrhelpful on June 28, 2016, 12:05:43 PM

Quote from: Jmild1 on June 28, 2016, 10:59:00 AM

Quote from: ultrloa on June 28, 2016, 10:36:35 AM

Quote from: nururochac on June 28, 2016, 10:26:32 AM

Quote from: elobizph on June 27, 2016, 11:42:08 PM

For me Price of Bitcoin is matter of course. If the price is stable or rising people get more confident in Bitcoin and start using it it more, so more and more people get involved. If the price is falling, people get scared. So now Bitcoin is growing and it became more and more interesting for users. I even heard that it's gonna appear ATM that accepting Bitcoin and works with it like with any other currency.

That's how most of whales fool you. If you see price is dropping, you guys get panic and start selling and by that decision you're making the whales happy because they are buying your coins in low price and once they bought most of the coins in its low price, they will now start pumping the coin again and will sell again with high price. That's how they get profit with you.

Maybe thats manipulating strategy of those big holders to create small panic so they can buy to more lowered amount and earn more profit again, and thats the reason we should join to their flow theirs halving coming and can be a good sign for bitcoin price to go more up so we should not be panic for now just hold to see better result in near future.

The event that will come will not make an assurance for the price to go up. Reading in different threads here, I saw most of them sell before the halving happen, so this might result to a decrease on bitcoin price.

The price of the coin really can flourish before bitcoins halving, but the actual event is where the test begins.

I can see people selling it before because they are uncertain after the halving if it will stay or go higher so they feel its better to sell and be safe.

Well people who sold their coins when the price reach $750 did a good decision. Securing your profit isn't a bad thing so I guess If I have available bitcoin then I surely do sell my coins too just to make a safety money.

rio3233

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I think the price of bitcoin is the best reason why many people using bitcoin. If the price of bitcoin really low, people will leavei bitcoin. That's why the price of bitcoin is really matter.

DoublerHunter

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Yes the price of bitcoin is always matter because it is one of the main reason why people using it because if the price is cheap why many people will spend their money on buying mining rig and also risking their money to just buy bitcoin. So for me it's always matter because on price there is where we based if we continue using it or just ignore the bitcoin.

rhed718

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price matter allot because the people use it as a currency so the price is deciding what the users are going to do and what there next move it. Are they going to buy coins or are they going to sell there coins, the price is deciding that.

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Quote from: danherbias07 on June 30, 2016, 06:00:39 AM

Quote from: sobsitesearch on June 30, 2016, 03:29:22 AM

For me Price is important to all of us, either he is a normal user or a big trader everyone has a close watch on the price of bitcoin so that they can sell at right time and make good profits.

Yes that is correct. It is like everyday checking on the price whenever it moves. We dont have an idea where it will go so we just base on charts and the movement.

Definitely price is really important and it really matters. The value of bitcoin is predicting the flow of its bitcoin economy.
And we aren't going to use bitcoin or invest into it if it doesn't have any value.
So that's why price really matters.

danherbias07

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Quote from: sobsitesearch on June 30, 2016, 03:29:22 AM

For me Price is important to all of us, either he is a normal user or a big trader everyone has a close watch on the price of bitcoin so that they can sell at right time and make good profits.

Yes that is correct. It is like everyday checking on the price whenever it moves. We dont have an idea where it will go so we just base on charts and the movement.

Altynbekova

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Quote from: uname on June 27, 2016, 06:46:51 PM

Quote from: newcoins1978 on June 27, 2016, 12:00:55 AM

The price does matter and I think its mattering for a big part because I'm pretty sure people are just looking at the price when they are selling or buying the bitcoin these days.
I even have honestly no doubt about it!

yeah of course the price is the most important thing in bitcoin not only for users who want to make a profit.
High prices also give a nice effect for bitcoin

The Bitcoin price is really important and because of the price changing people are getting attracted to it. To be able to use it as an investment is what makes Bitcoin what it is today.
Because of the price the users are making choices because they want to make money.

sobsitesearch

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For me Price is important to all of us, either he is a normal user or a big trader everyone has a close watch on the price of bitcoin so that they can sell at right time and make good profits.

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