Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the users
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us
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Technically more miners does not mean more security. The only real security threat there is is of a 51% attack last that I knew. The amount of miners is not really relevant anymore as it was in the beginning days. In speculation obviously the price matters, and this can cause more people to want to buy into Bitcoin, but it can also hurt it because people will buy in expecting a lot of money and then get crushed by not knowing how to trade. As a currency the price does not matter at all. It just means more coins would flow per transaction.
Topic: Does the Price of Bitcoin Matter? - page 144. (Read 304484 times)
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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the usersRead more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us
Except the halvening is right around the corner?? this seems very discouraging to miners to me
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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the usersRead more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us
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
Yes, in every way it does as a better price means that more miners will join and the network will become more secure (a plus for everyone), this will cause bitcoin to become more popular, and more people will use it, a huge plus for the usersRead more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
A better price will also mean more purchasing power, as those who currently own bitcoins after the halving will be able to buy far more with their current money, also an extremely good thing for us
For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.
Yeah I'm checking bitcoins price as I go online. Because price really matters and the price is the one why bitcoin is circulating in the market.
Because the price tells something about it's value. And without price then bitcoin would be nothing and no one will give attention to it.
And it is the one needed in the market so bitcoins price really matters.
Bitcoin price really does matter. If the price is very low no one will invest in bitcoins. It is the high price of bitcoins which is keeping the interest of the people in this coin. I also check daily the price and decide on the trading decisions whether to buy or sell.
For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.
Yeah I'm checking bitcoins price as I go online. Because price really matters and the price is the one why bitcoin is circulating in the market.
Because the price tells something about it's value. And without price then bitcoin would be nothing and no one will give attention to it.
And it is the one needed in the market so bitcoins price really matters.
For the most of bitcoin users it's matter, they are cheking bitcoin's price everyday and hoping that price is still stable, cause nobody whant to lose money.
The price is the perfect replication of a certain things to be considered as valuable, like gold, the price is high so it is called valuable and we want to have gold as our investment for a guaranteed money. On the other hand, bitcoins is so valuable that we need to focus on our investment with it now, the price is rising and will not falling down again.
The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
I think the price is only a result of the great demand. I think it would be better if the bitcoin has a large user. then the price will go up. it's just my logic ?Obviously the price increase is due to "demand" which bulls are performing. Many purchasing coins today so the price sits today to what the current price is. Numbers of bitcoin users only increases a bit because the real score is, same person just add some quantity of their coins.
The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
I think the price is only a result of the great demand. I think it would be better if the bitcoin has a large user. then the price will go up. it's just my logic ?Obviously the price increase is due to "demand" which bulls are performing. Many purchasing coins today so the price sits today to what the current price is. Numbers of bitcoin users only increases a bit because the real score is, same person just add some quantity of their coins.
The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
I think the price is only a result of the great demand. I think it would be better if the bitcoin has a large user. then the price will go up. it's just my logic ?
The Bitcoin price is one of the most important thing if not the most important thing with the Bitcoin. Because of the price people are buying or selling that is what is attracting all these users.
Price always matter, cause it's money, when currency is high, it's very good for many users and also for guy who working full time on bitcoin, like traders or miners.
I think not only for traders but the currency should definitely have a rate or a fixed exchange rate with other currencies. so the price of bitcoin market is have essential to life in bitcoin itself. so the price has an important role in bitcoin transactions
That will take a really long time to happen since there are lots of hassle process before other currency can directly exchange with bitcoin with own exchange rate.
But Im fine with only USD exchange rate as a standard exchange since USD value here in our country is quiet good.
Price always matter, cause it's money, when currency is high, it's very good for many users and also for guy who working full time on bitcoin, like traders or miners.
I think not only for traders but the currency should definitely have a rate or a fixed exchange rate with other currencies. so the price of bitcoin market is have essential to life in bitcoin itself. so the price has an important role in bitcoin transactions
dont expect to be fixed at least not yet anyway for this it will take lot of work effort and time
maybe we wont live to see this happen
Price always matter, cause it's money, when currency is high, it's very good for many users and also for guy who working full time on bitcoin, like traders or miners.
I think not only for traders but the currency should definitely have a rate or a fixed exchange rate with other currencies. so the price of bitcoin market is have essential to life in bitcoin itself. so the price has an important role in bitcoin transactions
I think price do matter.Because if bitcoins price is not stable or rising then the adaption rate of bitcoin will not increase at all and it may lead to stop bitcoin for growing.Thats why bitcoins have many subscribers because of its continous rising price and keep on developing.Thats why bitcoin is popular because of its price
No doubt that's because of the price. But you know even bitcoin is not rising in price people will still hug this crypto. Why? Because let's say today the exchange rate is $1, they didn't know that this price will increase so their mindset is just on the current state. Also they will use this because of the no effort works when sending and receiving money.
I think price do matter.Because if bitcoins price is not stable or rising then the adaption rate of bitcoin will not increase at all and it may lead to stop bitcoin for growing.Thats why bitcoins have many subscribers because of its continous rising price and keep on developing.Thats why bitcoin is popular because of its price
No doubt that's because of the price. But you know even bitcoin is not rising in price people will still hug this crypto. Why? Because let's say today the exchange rate is $1, they didn't know that this price will increase so their mindset is just on the current state. Also they will use this because of the no effort works when sending and receiving money.
It definitely matters because we need to pay for mining equipment and power in cash, if the price was worthless, no one would mine
But in early stage there are poeple who mine it even the value of 1btc is equal to .3 cent
I think price do matter.Because if bitcoins price is not stable or rising then the adaption rate of bitcoin will not increase at all and it may lead to stop bitcoin for growing.Thats why bitcoins have many subscribers because of its continous rising price and keep on developing.Thats why bitcoin is popular because of its price
It definitely matters because we need to pay for mining equipment and power in cash, if the price was worthless, no one would mine
But in early stage there are poeple who mine it even the value of 1btc is equal to .3 cent Jump to: