Does the Price of Bitcoin Matter? - page 187.

tampazeus

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Quote from: jchst on March 12, 2016, 02:38:33 PM

The difference between the dream and the real value of bitcoin will matter as the magic 1000 dollars mark is currently twice the current value,but the question is would we be strong enought to hold our coins at 800 or even 700 dollars ?

anything avoe 500 is the best to hold, and if bitcoin reaches to that value then I think we should sell a part of it and keep rest for the future as we are not sure what is the best price of bitcoin to sell, if you are satisfied with the price the you should sell it and if not then hold it.

MingLee

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Quote from: jchst on March 12, 2016, 02:38:33 PM

The difference between the dream and the real value of bitcoin will matter as the magic 1000 dollars mark is currently twice the current value,but the question is would we be strong enought to hold our coins at 800 or even 700 dollars ?

I would say it depends on where the block size argument goes, and if the size does get increased, if more people will start joining the Bitcoin ecosystem.

If we can hit $800, chances are we could hold it around that price.

jchst

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The difference between the dream and the real value of bitcoin will matter as the magic 1000 dollars mark is currently twice the current value,but the question is would we be strong enought to hold our coins at 800 or even 700 dollars ?

torrentheaven

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Quote from: DeDordtenaar on March 12, 2016, 09:47:12 AM

Quote from: Colt22 on March 12, 2016, 02:48:22 AM

Yeah is very important for miner and for traders.
And even for new adopters! If touch 100 Cheesy

who will invest (ex novo?)
If touch 10.000 probably a lot of people decide to invest !!!

I would expect the price of bitcoin is at a more reasonable price between $ 400- $ 1,000
I do not expect less or more than that.
price is important. but not too excessive mate

Yeah if we dream about the better price of bitcoin then the dream should be realistic as we cannot expect that it will reach to the moon overnight more adoption will take bitcoin to the new level.

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Quote from: Colt22 on March 12, 2016, 02:48:22 AM

Yeah is very important for miner and for traders.
And even for new adopters! If touch 100 Cheesy

who will invest (ex novo?)
If touch 10.000 probably a lot of people decide to invest !!!

I would expect the price of bitcoin is at a more reasonable price between $ 400- $ 1,000
I do not expect less or more than that.
price is important. but not too excessive mate

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Quote from: umaOuma on March 12, 2016, 08:31:21 AM

Quote from: blackmachinegun on March 12, 2016, 07:23:45 AM

Quote from: Rescue Squad on March 12, 2016, 01:09:29 AM

The price matters if you are a trader or a miner paying commission or electricity bills to stay afloat. For the general users it matters not so much unless they are very greedy and want the highest price possible to get rich I guess.

I think not only the traders or miners who makes the price is very important. but all users also want a high price. they are not greedy. but they want a better future bitcoin. if the price rises high
It also can increase the adoption of bitcoin

Price matters to all the users of bitcoin, its not only limited to miners or traders, its important to even a person who is just earning it, as he keeps on waiting for price hike so that he can sell at the right time and earn extra profits.

I dont really care about its value,i see the value almost daily as im at poloniex exchanging some bitcoins there,i lend and earn some bitcoins here,the fact is soo a small ammount that i keep it reinvested all the time i can ,soo in the end for me all that matters is making my bitcoin become bigger day-by-day.I usually take a look into the ammount each week to know how its going both investments.

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Quote from: blackmachinegun on March 12, 2016, 07:23:45 AM

Quote from: Rescue Squad on March 12, 2016, 01:09:29 AM

The price matters if you are a trader or a miner paying commission or electricity bills to stay afloat. For the general users it matters not so much unless they are very greedy and want the highest price possible to get rich I guess.

I think not only the traders or miners who makes the price is very important. but all users also want a high price. they are not greedy. but they want a better future bitcoin. if the price rises high
It also can increase the adoption of bitcoin

Price matters to all the users of bitcoin, its not only limited to miners or traders, its important to even a person who is just earning it, as he keeps on waiting for price hike so that he can sell at the right time and earn extra profits.

blackmachinegun

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Quote from: Rescue Squad on March 12, 2016, 01:09:29 AM

The price matters if you are a trader or a miner paying commission or electricity bills to stay afloat. For the general users it matters not so much unless they are very greedy and want the highest price possible to get rich I guess.

I think not only the traders or miners who makes the price is very important. but all users also want a high price. they are not greedy. but they want a better future bitcoin. if the price rises high
It also can increase the adoption of bitcoin

Colt22

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Yeah is very important for miner and for traders.
And even for new adopters! If touch 100 Cheesy

who will invest (ex novo?)
If touch 10.000 probably a lot of people decide to invest !!!

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Quote from: Rescue Squad on March 12, 2016, 01:09:29 AM

The price matters if you are a trader or a miner paying commission or electricity bills to stay afloat. For the general users it matters not so much unless they are very greedy and want the highest price possible to get rich I guess.

even if you are not greedy in profit, you will always watch out for the price, and even without mentioning it, we feel something when the price of bitcoin dip a few dollar and gets happy if it gets back to where it is, so, I think price matters to everyone..

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The price matters if you are a trader or a miner paying commission or electricity bills to stay afloat. For the general users it matters not so much unless they are very greedy and want the highest price possible to get rich I guess.

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Quote from: nostal02 on March 12, 2016, 12:30:25 AM

Every cent count in bitcoin as it will indicate weather you will gain or not if you are a trader.
It matters as many people are using it for their daily deeds such as paying,gambling,trading or buying stuff.

That is correct. Also at businesses who accepts bitcoin. They will always worry about the price to prevent ther business from going down or if it is getting more profit

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Quote from: nostal02 on March 12, 2016, 12:30:25 AM

Every cent count in bitcoin as it will indicate weather you will gain or not if you are a trader.
It matters as many people are using it for their daily deeds such as paying,gambling,trading or buying stuff.

Yes of course, every cent or satoshi count is important.A small change on bitcoin or in decimal value can be a big chamge on dollar value as the exchange rate now is higher.And we are expecting a higher value this coming months Wink

nostal02

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Every cent count in bitcoin as it will indicate weather you will gain or not if you are a trader.
It matters as many people are using it for their daily deeds such as paying,gambling,trading or buying stuff.

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Quote from: uname on March 11, 2016, 09:37:09 PM

Quote from: jonathgb25 on February 27, 2016, 10:01:19 AM

Quote from: Windpower on February 27, 2016, 05:46:14 AM

Well yes it does matter. If it goes down below 1 cent, then Bitcoin will be dead and no one will be using it.

Even with 1 cent value, as long as it fluctuates rapidly. Volume day traders will still get a profit from it. Cheesy

I think if bitcoin valuable back 1 cent. there will be no one wants traders who buy bitcoin. because the price is very important. they doubt people will use bitcoin is only worth one cent

true, the price of bitcoin becomes the most important thing in bitcoin itself, because basically bitcoin is always used for gambling and trading, so without a price, bitcoin is nothing

uname

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Quote from: jonathgb25 on February 27, 2016, 10:01:19 AM

Quote from: Windpower on February 27, 2016, 05:46:14 AM

Well yes it does matter. If it goes down below 1 cent, then Bitcoin will be dead and no one will be using it.

Even with 1 cent value, as long as it fluctuates rapidly. Volume day traders will still get a profit from it. Cheesy

I think if bitcoin valuable back 1 cent. there will be no one wants traders who buy bitcoin. because the price is very important. they doubt people will use bitcoin is only worth one cent

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Quote from: sallymeeh27 on March 11, 2016, 03:44:29 PM

Yes of course it does matter, this is where negotiation started and a good investment. Price varies every now and then, it contains the means of how much are expecting to receive and get when you have a bitcoin. This will proceed if the negotiation is effective to do today or sooner..

Correct the coin needs to have a value. Else no merchant will accept it. I for one would not be able to use my bitcoins anywhere since nobody
would accept it or even consider accepting it.

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Yes of course it does matter, this is where negotiation started and a good investment. Price varies every now and then, it contains the means of how much are expecting to receive and get when you have a bitcoin. This will proceed if the negotiation is effective to do today or sooner..

bitlancr

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Yes of course. It is very important and you can make a lot of money with it if the price of Bitcoin is very high and that is pretty good.
We all hope also that the value will be more in the future and that we can all have some profit.

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Quote from: italianobitcoin on March 10, 2016, 06:11:30 PM

Offcourse it does. How else would be able to spend it or exchange it for goods.
Most of us want a high price so we can spend our bitcoins good. But remember if you've have spend it you need to buy it again and a low or high price won't matter.

Correct. We are aiming for a high price for that reason. Also, so we can prove that what we are holding are really valuable and not to be neglected or just be left in some dark place. That high price will tell Bitcoin is important.

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