Does the Price of Bitcoin Matter? - page 178.

randy8777

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Quote from: terman45x on April 02, 2016, 08:33:25 AM

Quote from: harizen on April 02, 2016, 08:31:17 AM

Actually bitcoin was born to change some factors in the current money system. Transactions, payments, anonymity etc.

Price wasn't a priority then. But because it became really boom, price now are main reason why people are here in bitcoin world.

Correct now people are only interested in its price as everyone wants that it should reach to the moon one day so that they can be rich by selling at the higher price.

it's normal that the majority of the people are only interested in making profits. they see bitcoin as some sort of get rich quick tool. nowadays it isn't like that anymore. if you wanted to get rich quick, you should have bought thousands of bitcoins for just a few cents per coin. the people that had the great chance to enter the market at these prices are now happy millionaires.

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Quote from: harizen on April 02, 2016, 08:31:17 AM

Actually bitcoin was born to change some factors in the current money system. Transactions, payments, anonymity etc.

Price wasn't a priority then. But because it became really boom, price now are main reason why people are here in bitcoin world.

Correct now people are only interested in its price as everyone wants that it should reach to the moon one day so that they can be rich by selling at the higher price.

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Actually bitcoin was born to change some factors in the current money system. Transactions, payments, anonymity etc.

Price wasn't a priority then. But because it became really boom, price now are main reason why people are here in bitcoin world.

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Yes it will surely matters because all of use using bitcoin for transaction here. And if thw bitcoin market price is down we are all get less profit and traders love in this state because it will be more profitable for them. The lower the price for traders the many they earn. Thats why the price matters.

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Quote from: romero121 on April 02, 2016, 07:34:29 AM

Quote from: MGM on March 30, 2016, 01:03:34 PM

Price of Bitcoin doesn't matter. It's the technology that matters.

Price of bitcoin really matters, if the technology that matters then price matters as both are dependent to one another.

The price of bitcoin matter as it the bench mark for traders to trade daily without it there will be no more trading that is going to happen.

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Quote from: MGM on March 30, 2016, 01:03:34 PM

Price of Bitcoin doesn't matter. It's the technology that matters.

Price of bitcoin really matters, if the technology that matters then price matters as both are dependent to one another.

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Quote from: Dr.Osh on March 31, 2016, 03:29:39 AM

Quote from: Zuminest on March 30, 2016, 11:50:41 PM

sure, the price of uᴉoɔʇᴉq matters because everything depends upon the price rise and fall... when price rise everyone will be eager to sell their moondollars and when it fall they may buy it...

correct. from the beginning until now people always pay attention to the price of uᴉoɔʇᴉq. even the price of uᴉoɔʇᴉq has become a pride for uᴉoɔʇᴉq, because it makes it look better than the other money on the internet

Well people pay attention because theres money to be made.

Plan and simple. If there wasnt then we wouldnt even be involved with bitcoin in the 1st place. lol.

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Quote from: Ardenyham on March 31, 2016, 06:34:26 AM

it still matter to an extent, Even big bitcoin fans sometimes want to exchange some BTC to USD and at that time the price they bought at and the current price would matter and would determine if they made it into profit or still haven't got the needed fiat value to come at profit.

Price always matters when it comes to bitcoin as we will only convert btc to fiat when the price is higher and if it is not then we will prefer to hold until it reaches to certain level.

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it still matter to an extent, Even big bitcoin fans sometimes want to exchange some BTC to USD and at that time the price they bought at and the current price would matter and would determine if they made it into profit or still haven't got the needed fiat value to come at profit.

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Yes price of bitcoin matters like any other currency.
If you are a trader then the price may not matter but If you buy and hold, then you most likely want the price to increase.

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Quote from: Dr.Osh on March 31, 2016, 03:29:39 AM

Quote from: Zuminest on March 30, 2016, 11:50:41 PM

sure, the price of bitcoin matters because everything depends upon the price rise and fall... when price rise everyone will be eager to sell their bitcoins and when it fall they may buy it...

correct. from the beginning until now people always pay attention to the price of bitcoin. even the price of bitcoin has become a pride for bitcoin, because it makes it look better than the other money on the internet

Yes bitcoin price is the real pride of bitcoin as a digital currency,if bitcoin wont have any value at all no one will use this crypto currency.

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Quote from: Zuminest on March 30, 2016, 11:50:41 PM

sure, the price of bitcoin matters because everything depends upon the price rise and fall... when price rise everyone will be eager to sell their bitcoins and when it fall they may buy it...

correct. from the beginning until now people always pay attention to the price of bitcoin. even the price of bitcoin has become a pride for bitcoin, because it makes it look better than the other money on the internet

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Quote from: goinmerry on March 30, 2016, 11:03:08 PM

Quote from: MGM on March 30, 2016, 01:03:34 PM

Price of Bitcoin doesn't matter. It's the technology that matters.

It doesnt? So it is okay for you when bitcoin price goes to $100? I think I disagree with that, although you say technology matters (which is true) but a value of a thing will be seen through its price.

the technology its meant to be the blockchain in this case, and since banks are more interested in this new tech, it matter more than the bitcoin price

it's actually the tech itself that it will increase the value of bitcoin in the future

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sure, the price of bitcoin matters because everything depends upon the price rise and fall... when price rise everyone will be eager to sell their bitcoins and when it fall they may buy it...

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Quote from: MGM on March 30, 2016, 01:03:34 PM

Price of Bitcoin doesn't matter. It's the technology that matters.

It doesnt? So it is okay for you when bitcoin price goes to $100? I think I disagree with that, although you say technology matters (which is true) but a value of a thing will be seen through its price.

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Price of Bitcoin doesn't matter. It's the technology that matters.

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Quote from: Mr.grin on March 30, 2016, 12:30:50 PM

Quote from: vero on March 30, 2016, 12:17:27 PM

the price of bitcoin is very important for who use bitcoin and for who believe in bitcoin doesn't matter price down because we know price of bitcoin will up high in the future.

True, many people believe that the price of bitcoin will rise in the future. so it's really important for bitcoin users who have entrusted their money in bitcoin

Price must rise,cause looking in past we can see that prise just rising all the time slowly. We just need to wait a little for it.

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Quote from: vero on March 30, 2016, 12:17:27 PM

the price of bitcoin is very important for who use bitcoin and for who believe in bitcoin doesn't matter price down because we know price of bitcoin will up high in the future.

True, many people believe that the price of bitcoin will rise in the future. so it's really important for bitcoin users who have entrusted their money in bitcoin

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Quote from: aizzaku on March 30, 2016, 12:24:46 PM

The thing what i believe or you can say i want to is bitcoin should be its own entity itself like we should entirely use bitcoins ones twos.. but we are always using it against USD or EURO...

I was attracted to Bitcoin for the technology side of it and the possibilities for the world. To think that people in third world nations could utilize Bitcoin to move out of poverty is awesome

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The thing what i believe or you can say i want to is bitcoin should be its own entity itself like we should entirely use bitcoins ones twos.. but we are always using it against USD or EURO...

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