Does the Price of Bitcoin Matter? - page 139.

noimeereyes

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 AM

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

What really matters to me is to grow my BTC... I Live in a 3rd world country and few of people here don't know BTC. I told to my friend and family, "hey have you heard BTC?" they will answer. "what's that a scam?, stop that kind of illusion or something that is not true". They don't believe me. They think I'm just wasting my time, mining, trading and even finding free BTC... I want them know that BTC is REAL. I want to GROW my BTC. the amount or the price of it does matter to me right now, because I don't have enough money to BUY but as time goes by If I already grow my BTC. what matters to me that day is how to spend them, coz I'm gonna be RICH... LOL!!!

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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.

I agree with you mate, when the halving is done that is when the price becomes stable and we will know that for sure since the halving is very near, today's investment is a gamble and that is a good time to buy if you trust bitcoins because you will know in a short term the result.

mrhelpful

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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.

GamingBro

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It's really matter to me, when i am using bitcoins for shopping online or when i am exchanging it into fiat, every dollar is matter cause bitcoin is my only one way to get money.

Jmild1

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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.

useless4

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Quote from: Corenin on June 28, 2016, 10:43:44 AM

Quote from: MaritiJames3 on June 28, 2016, 09:50:53 AM

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 price is to me the most important thing, because of the price people are making these decisions if they are going to buy or going to sell.
That the price changes allot and the fact that you can use it as an investment is the reason why everybody makes use of it.

Yeah price really matters when it comes to bitcoin as we buy when we see lower price and sell when price goes higher, if there is no price there will be no bitcoin.

of course the price really matters, in my opinion when the price is bigger more people are willing to invest into it, also it attracts the attention of bigger companies

i think the price will surely grow after a few weeks when the bitcoin halving is going to happen, i hope everything will go smoothly and we will be able to make money out of this whole thing

DomesticTrader

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There are allot of people who dont even know the worth of one bitcoin and that is not good because you cant but just anything with the bitcoin
You can only buy things that are the same worht as bitcoins you know something is 600 dollar the bitcoin is 730 yoou can buy it otherwise not.

Cozynunu

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Off course does the price of the bitcoin matters you cant buy something that is worth 600 dollar and the bitcoin is only worth
500 dollar you know so the price of the bitcoin does really matter you know it is not strange that peopel dont know this.

Corenin

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Quote from: MaritiJames3 on June 28, 2016, 09:50:53 AM

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 price is to me the most important thing, because of the price people are making these decisions if they are going to buy or going to sell.
That the price changes allot and the fact that you can use it as an investment is the reason why everybody makes use of it.

Yeah price really matters when it comes to bitcoin as we buy when we see lower price and sell when price goes higher, if there is no price there will be no bitcoin.

ultrloa

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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.

nururochac

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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.

MaritiJames3

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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 price is to me the most important thing, because of the price people are making these decisions if they are going to buy or going to sell.
That the price changes allot and the fact that you can use it as an investment is the reason why everybody makes use of it.

elobizph

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Activity: 168

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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.

uname

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Activity: 420

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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

buyinbtc

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Quote from: freebitcoins4u on June 27, 2016, 02:35:19 AM

it depends. if you trade btc for altcoins than it doesnt really matter. but if you would like to cash out your btc profit it matter - sell it at the peak.

i think it matters when you trade only cryptos too because the price of the bitcoin might have an impact on the price of cryptos too in my opinion though thats just my guess to be honest

for me the price of the bitcoin surely matter a lot to be honest, first of all its always nice to see that bitcoin price is bigger, besides that in my opinion it attracts more people to bitcoin

wuvdoll

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Price of bitcoin matters to me as I keep trading in bitcoins. If the price keeps rising and dropping within few seconds, it will be difficult to find buyers and trade my coins. It also hampers the reputation of bitcoins, example: If the price reaches $100 or less, we will see that the trades would either decrease by 20-25% or we will see panic buyers.

freebitcoins4u

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it depends. if you trade btc for altcoins than it doesnt really matter. but if you would like to cash out your btc profit it matter - sell it at the peak.

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Quote from: Schuyler on June 27, 2016, 01:39:40 AM

Quote from: Maslate on June 27, 2016, 12:56:24 AM

Quote from: Babayega31 on June 27, 2016, 12:44:59 AM

Quote from: harizen on June 26, 2016, 11:22:40 PM

Quote from: Hatuferu on June 26, 2016, 09:20:10 PM

But for now we cannot see major merchants that has adopted bitcoins yet because they are hesitant due to the unstable price, at this early stage it is only the investors and traders game that we can witness and for me that is good for us early adopters if we are saving bitcoins for the future.

It's not with unstable price why merchants don't adopted bitcoin as payment method since overall 1btc is equal to 1btc. Bitcoin price is matter in some cases but on the other hand, they will do transactions in bitcoin only.

It's just that demands here are not priority by them since they care for most people that uses regularly the other payment option.

The unstable market price of bitcoin seems the barricade for merchants to accept bitcoin as their payment processor because they dont really want to lose money if the price fall down and for today bitcoins market is not really known by all people thats why we cannot really see store accepts it.

Exactly, merchants concern is not investment as they just want to convert their funds in a daily basis, when they will adopt that only means the price is stable and next to that is the people will consistently use the blockchain.

I think that is part of the reason why merchants are not yet sold on the idea of accepting bitcoin as payment. Businesses always put profit ahead of anything because that is the reason why they exist, in the first place. If they think that bitcoin is not stable enough, with price swings here and there, they would find it real hard to make it as accepted payment.

The price fluctuations is the big reason why they did not adopt with bitcoins but the main reason is since it not regulated by the government the tax issues is hard to resolve.

Schuyler

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Quote from: Maslate on June 27, 2016, 12:56:24 AM

Quote from: Babayega31 on June 27, 2016, 12:44:59 AM

Quote from: harizen on June 26, 2016, 11:22:40 PM

Quote from: Hatuferu on June 26, 2016, 09:20:10 PM

But for now we cannot see major merchants that has adopted bitcoins yet because they are hesitant due to the unstable price, at this early stage it is only the investors and traders game that we can witness and for me that is good for us early adopters if we are saving bitcoins for the future.

It's not with unstable price why merchants don't adopted bitcoin as payment method since overall 1btc is equal to 1btc. Bitcoin price is matter in some cases but on the other hand, they will do transactions in bitcoin only.

It's just that demands here are not priority by them since they care for most people that uses regularly the other payment option.

The unstable market price of bitcoin seems the barricade for merchants to accept bitcoin as their payment processor because they dont really want to lose money if the price fall down and for today bitcoins market is not really known by all people thats why we cannot really see store accepts it.

Exactly, merchants concern is not investment as they just want to convert their funds in a daily basis, when they will adopt that only means the price is stable and next to that is the people will consistently use the blockchain.

I think that is part of the reason why merchants are not yet sold on the idea of accepting bitcoin as payment. Businesses always put profit ahead of anything because that is the reason why they exist, in the first place. If they think that bitcoin is not stable enough, with price swings here and there, they would find it real hard to make it as accepted payment.

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Quote from: Babayega31 on June 27, 2016, 12:44:59 AM

Quote from: harizen on June 26, 2016, 11:22:40 PM

Quote from: Hatuferu on June 26, 2016, 09:20:10 PM

But for now we cannot see major merchants that has adopted bitcoins yet because they are hesitant due to the unstable price, at this early stage it is only the investors and traders game that we can witness and for me that is good for us early adopters if we are saving bitcoins for the future.

It's not with unstable price why merchants don't adopted bitcoin as payment method since overall 1btc is equal to 1btc. Bitcoin price is matter in some cases but on the other hand, they will do transactions in bitcoin only.

It's just that demands here are not priority by them since they care for most people that uses regularly the other payment option.

The unstable market price of bitcoin seems the barricade for merchants to accept bitcoin as their payment processor because they dont really want to lose money if the price fall down and for today bitcoins market is not really known by all people thats why we cannot really see store accepts it.

Exactly, merchants concern is not investment as they just want to convert their funds in a daily basis, when they will adopt that only means the price is stable and next to that is the people will consistently use the blockchain.

Topic: Does the Price of Bitcoin Matter? - page 139. (Read 304484 times)