Does the Price of Bitcoin Matter? - page 185.

DeDordtenaar

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Quote from: MaritiJames3 on March 17, 2016, 08:14:15 AM

The price is very important to all of us. If it doesnt matter than nobody will use Bitcoin and that will be not good.
The price of Bitcoin is a bit stable now so that is good. And the most people think that the value will be higher in the future.

as originally bitcoin is a commodity or investment. of course the price will be in trying to be great. therefore the price or exchange rate will be very influential in bitcoin

harizen

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Quote from: MaritiJames3 on March 17, 2016, 08:14:15 AM

The price is very important to all of us. If it doesnt matter than nobody will use Bitcoin and that will be not good.
The price of Bitcoin is a bit stable now so that is good. And the most people think that the value will be higher in the future.

Bitcoin price always fluctuate.

How come you can considered it stable? Huh

MaritiJames3

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The price is very important to all of us. If it doesnt matter than nobody will use Bitcoin and that will be not good.
The price of Bitcoin is a bit stable now so that is good. And the most people think that the value will be higher in the future.

danherbias07

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Quote from: n0ne on March 16, 2016, 07:10:16 AM

Bitcoin price is much important, when we think about the value it has got in a very less time. Also it has not failed from the start.

Actually it did fail from the start. It got a good price in the starting year. But went down really bad on the coming days. It is now that it is trying to get back to its old price.

neonshium

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Quote from: n0ne on March 16, 2016, 07:10:16 AM

Bitcoin price is much important, when we think about the value it has got in a very less time. Also it has not failed from the start.

Yes the price matter a lot as a lot of people have joined it because of its price strategy, and it is the most interesting feature which attract everyone that its price increases.

umaOuma

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Price is the only thing that matters to majority of us, as if it doesn't hold any value then no one would be interested in investing their time and money into it, price is everything.

peta4e

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Most of us are attracted towards bitcoin is only because of its price volatility as it allows us to make some good profits in short time so I think yes the price of bitcoin really matter to me a lot.

bitbunnny

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Price always matters, like in everything else. People are aboz the money, profit and calculations. You think that Bitcoin would be so popular if the price was the same and stable all the time? I don't think so.

jchst

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If the bitcoin price would become stable and making all get some kind of dividends from it,would be great to buy anything with bitcoin worthing 1 dollars,the history of pizza and many others that are on history of bitcoin biggest trades ever.Lower value mainstream maybe already bigger value deeply investment and more investors,in the end the value matters for all besides being a currency sure all like to sleep and wake up with more 10 dollars or even 5 bucks in value.

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Quote from: BitcoinPaw on March 16, 2016, 12:40:04 PM

If price will be cheap, people will stop interesting in BTC isn't it? I think i've just answered on this question laconically and simple Grin

To most people yes, which is like good 90% of the people.

But there are people who are like gavin, who gave away 10k btc at one point in time to spread the decentralization, which he could of held.

So to some people its being more of a bigger advocate to bitcoin and the pioneers.

BitcoinPaw

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If price will be cheap, people will stop interesting in BTC isn't it? I think i've just answered on this question laconically and simple Grin

Slark

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Of course bitcoin price is important but it is not as significant as economic newbies and people outside bitcoin community might think.
Basically what people think is: higher price=better technology, important and secure asset which can't fail. But there there are some advantages of lower price as well:

1. Lower price is good for people who want to invest in bitcoin for the first time, lower price is like promotional price for them.
2. More Bitcoin acceptance and bitcoin commerce does cause price to drop.
3. High bitcoin price is usually a bubble, we need to market to naturally achieve that high price.

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Quote from: adibe on March 16, 2016, 07:34:37 AM

Yes i think the price of bitcoin is really matter. If the price of bitcoin is so cheap many people will not use bitcoin and if the price of bitcoin so expensive, many people will use it.

people will use bitcoin whether the price is low or high. it's a currency and an investment tool in one. just look at the early days when bitcoin was only worth around $1 per coin. there is no real difference with how the market and the people were using bitcoin back then and today. the only difference is that the price right now is much higher than when it was worth a few bucks.

adibe

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Yes i think the price of bitcoin is really matter. If the price of bitcoin is so cheap many people will not use bitcoin and if the price of bitcoin so expensive, many people will use it.

n0ne

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Bitcoin price is much important, when we think about the value it has got in a very less time. Also it has not failed from the start.

harizen

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Price over technology.

That's people want. Bitcoin was created because of fiat money transaction really sucks at some point.

But with the price? It's has only a mid percentage of bitcoin technology part in a whole.

WendBTC

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It matters for miners, yes. If it wasn't attractive, people wouldn't mine it. If people stopped mined it, there would be 2 scenarios.
Either bitcoin would die (hard to believe this one although), or scenario #2 wealthy people would accumulate more and do their thing...

praprata

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Of course the price matter because that is why people invest and its also that the price will let people believe in it.
I think the price is very important for the bitcoin itself.

Oscoda

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Quote from: knowhow on March 13, 2016, 06:41:22 PM

Quote from: chaosknight on March 13, 2016, 01:52:11 PM

I think the most important thing about bitcoin is the price and that is the reason I am using it and investing my money into it as value keeps on fluctuating that allows me to make quick profits in short term.

Sure the price is atracting more and more people into bitcoin but isnt only those bitcoin,low fees and instant transactions and a no limit of how much money you can moove,and the big thing his you dont need to ask to the bank when you can get your money.

It matters of course. Other wise nobody want Bitcoin so it the value is really important to all of us.
Because we can earn some money with it and that will be very good. And you can also buy some things with it. So that is good.

honeyhtet

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Although of the volatility and how the price can change in every direction, the price is still an important indicators and is not the same if you buy at a higher or a lower price.

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