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Topic: Does the Price of Bitcoin Matter? - page 162. (Read 304484 times)

sr. member
Activity: 378
Merit: 251
May 07, 2016, 02:43:51 PM
Price is matter for sure, maybe some people who using bitcoin as currency don't care about it, but people who using it for investment should undertand how price is important.
hero member
Activity: 686
Merit: 500
May 07, 2016, 01:44:30 PM
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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.

Me too, if that happens that bitcoin will down to $100, that is the best time to invest and buy bitcoin.
Take the opportunity because for just the short time it will rise again.

what some see as a very bad moment for bitcoin, can be seen as a great opportunity by the other. i would not wait with investing when the prices tanks to such prices. usually i only use 50% of the money i have for investment purposes and keep the other 50% for when the price goes down further, but at $100 prices i will go all in.

I wouldn't go all in at any price. Even not at $100 per coin because I believe that it may go even lower than that.

And if the price indeed goes lower than $100 per coin, then I can buy even at lower rates.

The true believers of bitcoin will never quit bitcoin even if it falls to $100 or below it, they will see it as an opportunity to buy some more coins and hold it for future to earn some good profits.
legendary
Activity: 1526
Merit: 1179
May 07, 2016, 01:40:30 PM
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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.

Me too, if that happens that bitcoin will down to $100, that is the best time to invest and buy bitcoin.
Take the opportunity because for just the short time it will rise again.

what some see as a very bad moment for bitcoin, can be seen as a great opportunity by the other. i would not wait with investing when the prices tanks to such prices. usually i only use 50% of the money i have for investment purposes and keep the other 50% for when the price goes down further, but at $100 prices i will go all in.

I wouldn't go all in at any price. Even not at $100 per coin because I believe that it may go even lower than that.

And if the price indeed goes lower than $100 per coin, then I can buy even at lower rates.
legendary
Activity: 896
Merit: 1000
May 07, 2016, 12:27:52 PM
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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.

Me too, if that happens that bitcoin will down to $100, that is the best time to invest and buy bitcoin.
Take the opportunity because for just the short time it will rise again.

what some see as a very bad moment for bitcoin, can be seen as a great opportunity by the other. i would not wait with investing when the prices tanks to such prices. usually i only use 50% of the money i have for investment purposes and keep the other 50% for when the price goes down further, but at $100 prices i will go all in.
hero member
Activity: 560
Merit: 500
May 07, 2016, 11:45:07 AM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.

Yes I think people are attracted towards bitcoin only because of its price and the volatility that it holds which allows people to earn profits in short term.
Well developers works based on these and their price is an estimation of what they will be getting paid for do the work soo sure in the ends to who have bitcoins and buy and sell will matter a lot,being one of the main reasons people are addicted to bitcoins and cant stay away from it.
hero member
Activity: 812
Merit: 1000
May 07, 2016, 08:25:41 AM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.

Yes I think people are attracted towards bitcoin only because of its price and the volatility that it holds which allows people to earn profits in short term.
sr. member
Activity: 336
Merit: 250
May 07, 2016, 07:29:41 AM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.
hero member
Activity: 840
Merit: 501
Strength in Numbers
May 07, 2016, 07:19:15 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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.

Me too, if that happens that bitcoin will down to $100, that is the best time to invest and buy bitcoin.
Take the opportunity because for just the short time it will rise again.
legendary
Activity: 2170
Merit: 1427
May 07, 2016, 06:34:46 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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

Lol? I will definitely not quit when Bitcoin goes down to $100 prices. I will use that situation in my advantage to buy as many coins as I can. And I'm sure other people will do the same.
full member
Activity: 167
Merit: 100
May 07, 2016, 06:34:34 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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.
Of course, there will be refused, but there will be new interest too. At least, for now not invented anything better than bitcoin and more and more people convinced that the existing financial order, led by $, screwed up.
hero member
Activity: 840
Merit: 1000
May 07, 2016, 06:27:41 AM
Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.

That will be a foolish thing to do, Even if the price drop down to $100, it wont be happen instantly therefore everyone still have their chance to sell it while it hasnt reach $100 yet . People that choose to not sell it means that people are trusting that the price is temporary and it will rise anytime sooner
hero member
Activity: 910
Merit: 1000
May 07, 2016, 05:44:23 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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.

Price matters to each and every user of bitcoin, if  bitcoin falls back to $100 then I am sure many of users will quit bitcoin and make their investment in some other product.
hero member
Activity: 1022
Merit: 538
May 07, 2016, 03:33:15 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
I don't really think that there are that many devotees of Bitcoin. A lot of people are just trying to make profit off Bitcoin, so the price definitely does matter. I am one of those people, so the price matters to me.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 07, 2016, 03:17:45 AM
For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.

I think newbies are the ones who aren't affected that much when bitcoin price moves. They have very little to no bitcoin at all. Of course they will not wait for the halving just to get some cents out of their little sats. Although newbies might somehow look at the value of the bitcoin first before they start their journey in earning bitcoins. A bigger price of BTC will motivate not only the people who are just starting in bitcoin but also the people who are already earning bitcoins.
Yes, the bigger price help people to motivate them to join bitcoin and if the price of bitcoin was not that much high there would be very less people and the image of bitcoin would not have that much as is today.
hero member
Activity: 998
Merit: 504
May 06, 2016, 03:15:38 PM
For newbies the price does matter if they see the price rise they will buy in and if it goes down they will sell all their bitcoins fast for sure.
I think this rule is only applying for the newbies..

I think no, for newbies price is the main factor to begin working with crypto currency world, they seeing that price is good and than making decision.
For newbies the price increase is a major factor in order to join bitcoin and after that if they involved completely in that field they try to learn more and so after that they come to know all the realities of bitcoin.
member
Activity: 116
Merit: 10
May 06, 2016, 12:16:02 PM
The price matters to all sorts of people. Even to people who have bought at very low price levels
hero member
Activity: 672
Merit: 503
May 06, 2016, 09:29:21 AM
Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
Yes, it is important but we do not know how much it is important. For example with 10-20% of price change my decisions do not change about buying selling, being active in bitcoin.

Yes being active is good but the price of bitcoin really matters to all of us, as we will sell only if the price is higher or else we will hold till it goes higher.
legendary
Activity: 2436
Merit: 1008
May 06, 2016, 09:22:43 AM
One wave of moves by those big holders can manipulate the price. Now because of that move it will lead to some small trades to do their action of mover whether to buy or to sell. See how the price matters here. It dictates the outcome of trader's move.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 06, 2016, 09:09:25 AM
Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
Yes, it is important but we do not know how much it is important. For example with 10-20% of price change my decisions do not change about buying selling, being active in bitcoin.
legendary
Activity: 840
Merit: 1000
May 05, 2016, 02:24:55 PM
Price of bitcoin really matters to me
For me it is not that matter if I want to talk about my interest in bitcoin however for selling bitcoin it may be a bit important factor.

Of course we will sell only if the price is higher and that is important all of  us and that is the reason the price of bitcoin really matters.
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