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Topic: Does the Price of Bitcoin Matter? - page 141. (Read 304484 times)

sr. member
Activity: 420
Merit: 250
June 25, 2016, 12:38:19 PM
I think the price of bitcoin is reall matter, because it also affect the price of other coins like doge, dash, eth and when the bitcoin's price so high, it will make people want use bitcoin.
sr. member
Activity: 378
Merit: 251
June 25, 2016, 12:28:27 PM
For newbies and guys who don't interested in bitcoin - no, but for every bitcoin users who making purchases with bitcoin it's matter anyway.
legendary
Activity: 1330
Merit: 1019
June 25, 2016, 06:18:37 AM
The price of Bitcoin does matter for many people, for example those that invests in, trade, mine or get there salery in bitcoins, also for merchants accepting bitcoins as payment and keep part of there sold amount in bitcoins.
The important part is people will always use bitcoin as their primary currency so that it's price will impact all of them for sure. When you go with bitcoin other than currency aspect, the price of bitcoin will be more important and it has huge role.
hero member
Activity: 924
Merit: 1000
June 25, 2016, 04:54:09 AM
The price of Bitcoin determines its value. It is the reason why many uses bitcoin  and invest on bitcoin. If bitcoin does not have a corresponding price or value then bitcoin is just a number on your monitors screen. The price is the essence of bitcoin, we usually wanted bitcoins because it entails cash value.

Nicely said. People get into because of the price that it have. Although there is rise and fall it is still exciting, actually it is fun because you can gain from it just by moving it.
If you are a trader who was very pleasant for them, because it can make a lot of profit.

but for those who only care about the high prices and did not make a trade. I think the price increase or decrease in prices is worrisome.

Even if you are not a trader you can behave like an trader as sell when price goes higher and buy again when price drops and that is the best way to play with coins and make best profits.
legendary
Activity: 1960
Merit: 1026
June 25, 2016, 04:47:44 AM
The price of Bitcoin determines its value. It is the reason why many uses bitcoin  and invest on bitcoin. If bitcoin does not have a corresponding price or value then bitcoin is just a number on your monitors screen. The price is the essence of bitcoin, we usually wanted bitcoins because it entails cash value.

Nicely said. People get into because of the price that it have. Although there is rise and fall it is still exciting, actually it is fun because you can gain from it just by moving it.
If you are a trader who was very pleasant for them, because it can make a lot of profit.

but for those who only care about the high prices and did not make a trade. I think the price increase or decrease in prices is worrisome.
hero member
Activity: 938
Merit: 576
June 25, 2016, 04:41:49 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
The price of Bitcoin is quite important because if you buy something on the internet with this currency, for example, they will se the current Bitcoin price compared to another currency.
But I think the Bitcoin can be more powerful than those other currencies.
legendary
Activity: 2940
Merit: 1083
June 24, 2016, 10:34:42 PM
The price of Bitcoin determines its value. It is the reason why many uses bitcoin  and invest on bitcoin. If bitcoin does not have a corresponding price or value then bitcoin is just a number on your monitors screen. The price is the essence of bitcoin, we usually wanted bitcoins because it entails cash value.

Nicely said. People get into because of the price that it have. Although there is rise and fall it is still exciting, actually it is fun because you can gain from it just by moving it.
sr. member
Activity: 336
Merit: 250
June 24, 2016, 10:29:35 PM
The price of Bitcoin determines its value. It is the reason why many uses bitcoin  and invest on bitcoin. If bitcoin does not have a corresponding price or value then bitcoin is just a number on your monitors screen. The price is the essence of bitcoin, we usually wanted bitcoins because it entails cash value.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
June 24, 2016, 10:17:57 PM
Well for me the price of bitcoin does not matter. It will be nice to use bitcoin when the price is high but it doesn't really matter because I get my bitcoin for free. What matters to me is that it can be easily be traded into fiat.
It does really matter. Once you see that bitcoin's value became less important, it will make your trading work hard to do because your unlikely to see exchanges trading their fiat to bitcoin. See how it affects you.

And also it will become difficult for traders to buy and sell bitcoins if the price of it show sign of valueless currency.
I don't want to see that coming, nevertheless bitcoin is popular now and it will only stay popular if majority of people accept it as a currency for their life's every needs.
The only thing that would make bitcoins strong is not the price alone but the people using it, the more people use bitcoins the more we can see that the real price movement will depend on the supply and demand not a manipulated price.
hero member
Activity: 1134
Merit: 515
June 24, 2016, 10:12:05 AM
Well for me the price of bitcoin does not matter. It will be nice to use bitcoin when the price is high but it doesn't really matter because I get my bitcoin for free. What matters to me is that it can be easily be traded into fiat.
It does really matter. Once you see that bitcoin's value became less important, it will make your trading work hard to do because your unlikely to see exchanges trading their fiat to bitcoin. See how it affects you.

And also it will become difficult for traders to buy and sell bitcoins if the price of it show sign of valueless currency.
I don't want to see that coming, nevertheless bitcoin is popular now and it will only stay popular if majority of people accept it as a currency for their life's every needs.
legendary
Activity: 2436
Merit: 1008
June 23, 2016, 09:13:29 AM
Off course it matters to each and every user of bitcoin, and I am holding my coins since long time to sell when price goes higher, everyone wants to make profits, and it is only possible if it holds higher price.

Since long time? I thought you are aiming for profits. A wise trader that aiming for profits will not do such holding for really a long period of time. The only one who will feel the profits for holding in long period of time are those people that owns big bags of btc's.
hero member
Activity: 924
Merit: 1000
June 23, 2016, 08:30:39 AM
Off course it matters to each and every user of bitcoin, and I am holding my coins since long time to sell when price goes higher, everyone wants to make profits, and it is only possible if it holds higher price.
newbie
Activity: 56
Merit: 0
June 23, 2016, 08:15:07 AM
The price of Bitcoin does matter for many people, for example those that invests in, trade, mine or get there salery in bitcoins, also for merchants accepting bitcoins as payment and keep part of there sold amount in bitcoins.
full member
Activity: 182
Merit: 100
June 23, 2016, 08:13:20 AM
Well for me the price of bitcoin does not matter. It will be nice to use bitcoin when the price is high but it doesn't really matter because I get my bitcoin for free. What matters to me is that it can be easily be traded into fiat.
It does really matter. Once you see that bitcoin's value became less important, it will make your trading work hard to do because your unlikely to see exchanges trading their fiat to bitcoin. See how it affects you.
legendary
Activity: 3248
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
June 23, 2016, 08:00:02 AM
Simple thing if you have 100$ in your account or 10000$ will it matter to you or not?

Btc Price may not to you but to rest who are involved with different activities which involve the bitcoin will certainly matter a lot even if 1$ price changes.

A lot of us out here are waiting for that increase, now that it fell many might be down. Those who have been buying lately at 700+ dollars may have thought they lost. But it is not the end yet. It just have been a day. We dont know what might happen tomorrow what if it goes back to 700+ or more.

That is why it does matter.
hero member
Activity: 700
Merit: 500
June 23, 2016, 06:10:48 AM
Simple thing if you have 100$ in your account or 10000$ will it matter to you or not?

Btc Price may not to you but to rest who are involved with different activities which involve the bitcoin will certainly matter a lot even if 1$ price changes.
hero member
Activity: 560
Merit: 500
June 23, 2016, 06:07:49 AM
For me the price of bitcoin does not matter. It will be nice to use bitcoin when the price is high but it doesn't really matter because I get my bitcoin for free. What matters to me is that it can be easily be traded into fiat.
legendary
Activity: 2436
Merit: 1008
June 23, 2016, 04:17:40 AM
It's really matter for every common bitcoin user and for people who working full time with bitcoin cause it's theirs money for living and other stuff.

You are right it really matters. Look at the situation today, many are disappointed of what is happening to the price of bitcoin.
So, it means when the price is high everyone is happy , but when the price goes down.
Everyone is disappointed, in conclusion it really matters.

Those people really didn't know what is the next sequence after the price rally caused by the manipulators. They keep on saying back few days ago that the recent price is due to halving. So now what? If that is really the reason then why all of a sudden the price decrease?

They must learn the definition of big whales.
hero member
Activity: 840
Merit: 501
Strength in Numbers
June 23, 2016, 02:20:18 AM
It's really matter for every common bitcoin user and for people who working full time with bitcoin cause it's theirs money for living and other stuff.

You are right it really matters. Look at the situation today, many are disappointed of what is happening to the price of bitcoin.
So, it means when the price is high everyone is happy , but when the price goes down.
Everyone is disappointed, in conclusion it really matters.
legendary
Activity: 2940
Merit: 1083
June 23, 2016, 02:18:33 AM
It's really matter for every common bitcoin user and for people who working full time with bitcoin cause it's theirs money for living and other stuff.

Yeah unlike whales where we can control the flow just simple buying and selling can really make some changes in bitcoin fluctuation while we who holds just a little will just be going with the wave.
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