Does the Price of Bitcoin Matter? - page 183.

blackmachinegun

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Quote from: Altcoinsupporter on March 19, 2016, 03:20:12 PM

Quote from: benmartin613 on March 19, 2016, 12:54:04 PM

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

Of course. I think all commodity prices continue growing need for their survival
together with the currency. bitcoin also need to exchange or purchase price as another country's currency.
so bitcoin can be used to buy something

trenchflaint

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Quote from: BeGoods on March 20, 2016, 01:00:33 AM

Quote from: Mr. Big on March 19, 2016, 12:26:53 AM

Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

That's right, It would be useless and not profitable if we are investing in a thing that has no value...It would be a waste of resources and timeif it has not value and use..

if bitcoin does have a fixed price no one is going to hold and if the price does not change when you hold it is certainly the time and effort you spend will be wasted. with that we took the decision that everyone wants to have benefited from the high PRICE. then the price has a very important role

Bitcoin will have a stable price when all has been mined but for now we are still mining and cant define the true price of bitcoin.
If the abundance of bitcoin has been fully used price will be stable.

BeGoods

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Quote from: Mr. Big on March 19, 2016, 12:26:53 AM

Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

That's right, It would be useless and not profitable if we are investing in a thing that has no value...It would be a waste of resources and timeif it has not value and use..

if bitcoin does have a fixed price no one is going to hold and if the price does not change when you hold it is certainly the time and effort you spend will be wasted. with that we took the decision that everyone wants to have benefited from the high PRICE. then the price has a very important role

JessicaSe

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Quote from: CryptoBjorn on March 19, 2016, 04:07:20 PM

Quote from: Altcoinsupporter on March 19, 2016, 03:20:12 PM

Quote from: benmartin613 on March 19, 2016, 12:54:04 PM

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

Yes, for both of the parties a price is mandatory so they know against which value a trade can occur.
I believe the price being low or high is not important since a stable price is better then this fluctuation.

Its difficult to see stable price of bitcoin as for stable price we need more adoption as the market cap of bitcoin is too small at a moment, price would be stable if have more users.

CryptoBjorn

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Quote from: Altcoinsupporter on March 19, 2016, 03:20:12 PM

Quote from: benmartin613 on March 19, 2016, 12:54:04 PM

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

Yes, for both of the parties a price is mandatory so they know against which value a trade can occur.
I believe the price being low or high is not important since a stable price is better then this fluctuation.

Altcoinsupporter

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Quote from: benmartin613 on March 19, 2016, 12:54:04 PM

Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

When there is no price there is no way to use bitcoin for any kind of transaction. So yes it matters.
Both for the seller aswell as the buyer. They both need a price to agree upon.

fkvidar

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Quote from: jkrules on March 19, 2016, 12:27:18 PM

Quote from: ajun96 on March 19, 2016, 11:16:55 AM

Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

yeah agree with you the goal of all poeple buy bitcoin and hold it is because their purpose is to wait for higher prices.
then they get a profit. high prices is very important for bitcoin

Even I agree The price of bitcoin matter a lot, the fees in the future i think that will cost much more that are today and this because of the price

Price will be always important factor in bitcoin and it will continue to follow it even in future, and majority of us are holding bitcoins only because of its price.

benmartin613

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Yup it matters as much as you spend on your daily commodities,bitcoin is been traded all around the world and many people are using it.

jkrules

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Quote from: ajun96 on March 19, 2016, 11:16:55 AM

Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

yeah agree with you the goal of all poeple buy bitcoin and hold it is because their purpose is to wait for higher prices.
then they get a profit. high prices is very important for bitcoin

Even I agree The price of bitcoin matter a lot, the fees in the future i think that will cost much more that are today and this because of the price

ajun96

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Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

yeah agree with you the goal of all poeple buy bitcoin and hold it is because their purpose is to wait for higher prices.
then they get a profit. high prices is very important for bitcoin

ausbit

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Quote from: danherbias07 on March 19, 2016, 02:16:25 AM

Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

I agree. Lot of us here are for that reason. Some use bitcoin for adverrisement and because of small payment. But we have our different reasons here.

Yes everyone of us wants to make some extra money which can be helpful at the time of emergencies and you can get higher value if the price is higher so price does matter.

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Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

I agree. Lot of us here are for that reason. Some use bitcoin for adverrisement and because of small payment. But we have our different reasons here.

torrentheaven

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Quote from: trenchflaint on March 19, 2016, 01:28:58 AM

Quote from: MTBTT on March 19, 2016, 01:21:40 AM

Quote from: Piltover on March 18, 2016, 05:06:16 AM

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.

bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well

Every user of bitcoin depends on its price and it affect them and their daily life,bitcoin has growing recently so bitcoin price is really important.

Yes I think people are using and holding it only because they have faith that in future we will see much higher price so that we can sell at that time and make good profits.

trenchflaint

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Quote from: MTBTT on March 19, 2016, 01:21:40 AM

Quote from: Piltover on March 18, 2016, 05:06:16 AM

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.

bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well

Every user of bitcoin depends on its price and it affect them and their daily life,bitcoin has growing recently so bitcoin price is really important.

MTBTT

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Quote from: Piltover on March 18, 2016, 05:06:16 AM

If it doesnt matter than nobody will use it and it will not even exist. Bitcoin will be later in the future the most used payment method.
And that will be so good. But you never when it will happen when the value is going to rise and that is the problem.

bitcoin is a commodity and currency of course the price and value is very important for the future of bitcoin.
prices will determine the user's interests as well

iv4n

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Quote from: jchst on March 18, 2016, 01:46:03 PM

Well the volatility of bitcoin has bringed huge investment at bitcoin ,being the miners, im sure all would like to get 1000 dollars for every coin,soo almost all would be mining it,the question if it were fixed would it be traded soo easy as is being now.

Of course that everyone wish bigger prize for job he is working, that is understandable. I think we all find a nice way to make some money ( someone make a lot, other's less) and to not spend time on internet like we did before without any earnings.
Yes price of bitcoin is important, price of anything is matter in this world. I remind a sentence from Oscar Wilde — 'Nowadays people know the price of everything and the value of nothing.' That say a lot about this world.

Mr. Big

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Quote from: stromma44 on March 18, 2016, 01:49:41 PM

I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

That's right, It would be useless and not profitable if we are investing in a thing that has no value...It would be a waste of resources and timeif it has not value and use..

stromma44

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I am into bitcoin only because of the value that it holds, I am investing my time money and energy to earn it only because of its price.

jchst

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Well the volatility of bitcoin has bringed huge investment at bitcoin ,being the miners, im sure all would like to get 1000 dollars for every coin,soo almost all would be mining it,the question if it were fixed would it be traded soo easy as is being now.

bestluck

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Yes the price of bitcoin matter if the price go fall and continued like that then less people will be interested in it and will start to leave it, the traders will have nothing remain for them in bitcoin so they will be no more here on bitcoin and will adopt some other way of trade or business. So the price matter a lot. I think a stable and fluctuating price is better but not a dropping down is acceptable.

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