Does the Price of Bitcoin Matter? - page 168.

expert4knowledge

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Quote from: Wapinter on April 21, 2016, 04:29:46 PM

Quote from: xIIImaL on April 20, 2016, 11:44:28 AM

Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people.

That is a good point.If bitcoin price shoot very high too quickly,it will also make bitcoin unaffordable to many people.A currency,be it online cryptocurruncy,should be available to all the people any time every time

Generally speaking fluctuations of price is not good for every type of investment for that sector in the view of people.

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Quote from: xIIImaL on April 20, 2016, 11:44:28 AM

Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people.

That is a good point.If bitcoin price shoot very high too quickly,it will also make bitcoin unaffordable to many people.A currency,be it online cryptocurruncy,should be available to all the people any time every time

Yakamoto

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Quote from: expert4knowledge on April 21, 2016, 04:18:21 PM

Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

The price is important and also the fluctuations of price is important too, specially for people who want to enter into bitcoin world.

Traders and investors are the biggest demographic of Bitcoin based on investment/value of Bitcoin per person, most likely, and thus the price really does matter to them. There are a lot of people that will be interested again if the price goes back up to $600 or $700, and this would possibly start a compounding effect on the price.

expert4knowledge

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Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

The price is important and also the fluctuations of price is important too, specially for people who want to enter into bitcoin world.

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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

Of course its matter for Traders,they always watching out bitcoin price,they steady to sell or buy bitcoin by knowing currenct bitcoin price. but for people who not interest to profit,they will not matter aboutbitcoin prie,they just use bitcoin for payment.

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Quote from: ASHLIUSZ on April 21, 2016, 07:26:42 AM

Quote from: Adrorecia on April 21, 2016, 05:38:48 AM

Quote from: Supercrypt on April 21, 2016, 04:13:36 AM

Quote from: Hellacopter on April 18, 2016, 11:22:37 AM

There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.

Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.

Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Right friend price is the main thing in bitcoin as many bitcoin holders are holding their bitcoin for price increase. One factor for people to believe in bitcoin is the price rise by that users can earn well.

Without the price being of significant importance, people would never keep their coins for the long term.

Same counts for me. I keep holding because I believe I will get rewarded for my trust and patience.

The Arcitect

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The price obviously matter as most people only buy or sell base on that fact. Look how it has risen in the last couple of weeks. We have not seen movement like this in a while. It is creating buzz now so people or buying as much as they can muster cause it surely to rise even higher in the coming couple of months.

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Quote from: Adrorecia on April 21, 2016, 05:38:48 AM

Quote from: Supercrypt on April 21, 2016, 04:13:36 AM

Quote from: Hellacopter on April 18, 2016, 11:22:37 AM

There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.

Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.

Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Right friend price is the main thing in bitcoin as many bitcoin holders are holding their bitcoin for price increase. One factor for people to believe in bitcoin is the price rise by that users can earn well.

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Quote from: Adrorecia on April 21, 2016, 05:38:48 AM

Quote from: Supercrypt on April 21, 2016, 04:13:36 AM

Quote from: Hellacopter on April 18, 2016, 11:22:37 AM

There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.

Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.

Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Price really mattets it is very important for bitcoin user and there looking of It. It can determine if people will stay to use it or not and if the price is low i dont think it can attract big investor on staking on it and even business sector will not give a wink of it. But if the price is high will it can create mass good effect in businessworld many investor even company will hug the oppurtunity to bitcoin and surely global awareness for bitcoin will be spread.

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Quote from: Supercrypt on April 21, 2016, 04:13:36 AM

Quote from: Hellacopter on April 18, 2016, 11:22:37 AM

There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.

Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.

Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Supercrypt

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Quote from: Hellacopter on April 18, 2016, 11:22:37 AM

There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.

Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.

EdenHazard

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Quote from: pooya87 on April 20, 2016, 11:45:51 PM

Quote from: xIIImaL on April 20, 2016, 11:44:28 AM

Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people.

it is good to see others feeling the same way too. i always prefer a slow and steady rise because it shows a decent growth in the demand for bitcoin while a pump (bubble) is only a fake rise which will fall soon.

and the fall is also a bad publicity for bitcoin, people won't feel safe about buying something that had its price go down, i am talking about those new people that get to know bitcoin for example in $1000 price and only see the price go down.

i prefer a massive price movement , it can be an unique identity for bitcoin instead of slow movement like fiat currency.

a massive price movement does not mean it must happened everytime.

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Quote from: xIIImaL on April 20, 2016, 11:44:28 AM

Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people.

it is good to see others feeling the same way too. i always prefer a slow and steady rise because it shows a decent growth in the demand for bitcoin while a pump (bubble) is only a fake rise which will fall soon.

and the fall is also a bad publicity for bitcoin, people won't feel safe about buying something that had its price go down, i am talking about those new people that get to know bitcoin for example in $1000 price and only see the price go down.

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Quote from: talkbitcoin on April 20, 2016, 11:44:02 AM

Quote from: goinmerry on April 20, 2016, 10:46:59 AM

Quote from: codehtcmail on April 20, 2016, 08:38:28 AM

Price of BTC would matter if you have to convert it to other fiat currency.
It's like US citizens only care about the rate of USD/EUR when they go to a European country, but in the US it's just a dollar not what it is in other currencies.

You gotta see also the price in your own currency not just the dollar when your country currency is up against dollar then that would be a little profit. Or you could just put it in US dollars.

that's true, but the profit is not that much, as long the two currencies are somewhat having a fixed rate the profit is not that much and it would be burnt in the fees.

True. Sometimes even if the price of bitcoin is high in US dollars, the problem is US dollar is falling. So there is really no profit there. Better wait for $ to go back to its value then that is the time you can trade. Also if your country currency goes down there is a profit there.

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Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Its better that the price of bitcoin keeps on rising slowly and steadily rather then reaching to a moon overnight, if there is steady growth then it will win more trust from the people.

talkbitcoin

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Quote from: goinmerry on April 20, 2016, 10:46:59 AM

Quote from: codehtcmail on April 20, 2016, 08:38:28 AM

Price of BTC would matter if you have to convert it to other fiat currency.
It's like US citizens only care about the rate of USD/EUR when they go to a European country, but in the US it's just a dollar not what it is in other currencies.

You gotta see also the price in your own currency not just the dollar when your country currency is up against dollar then that would be a little profit. Or you could just put it in US dollars.

that's true, but the profit is not that much, as long the two currencies are somewhat having a fixed rate the profit is not that much and it would be burnt in the fees.

goinmerry

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Quote from: codehtcmail on April 20, 2016, 08:38:28 AM

Price of BTC would matter if you have to convert it to other fiat currency.
It's like US citizens only care about the rate of USD/EUR when they go to a European country, but in the US it's just a dollar not what it is in other currencies.

You gotta see also the price in your own currency not just the dollar when your country currency is up against dollar then that would be a little profit. Or you could just put it in US dollars.

arwin100

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Quote from: tampazeus on April 20, 2016, 09:25:00 AM

Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

Yes price of bitcoin really matters with it. And it has big impact for its presence if bitcoin is low value i think no one would bother to invest in it nor only people will do investing with it because can say it is waste of time and electricity. But if prixw of bitcoin soar high it has big impact to user and businessman because the greater value the more profitable for them if they get profit will they stake it more. Thats why price really matters.

tampazeus

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Price of bitcoin really matter to each and every user of bitcoin as if bitcoin will fall in future then no one would care about it, its popular only because of the price that it holds.

codehtcmail

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Price of BTC would matter if you have to convert it to other fiat currency.
It's like US citizens only care about the rate of USD/EUR when they go to a European country, but in the US it's just a dollar not what it is in other currencies.

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