Topic: Does the Price of Bitcoin Matter? - page 206. (Read 304502 times)
Of course the price of Bitcoin matters, if you remove the associated dollar value then the balance in your wallet whether 0.5 or 1,000,000 BTC has no meaning. I doubt even the most hardcore believer would stick around for long. What would be the point if you can't do anything with it?
Bitcoin price matters, everything value is calculated in FIAT currency. 'BTC to USD' will be one among the most searched keywords in google.
BTC has not evolved into a fully accepted currency. Until it becomes a worldwide accepted currency its price matters the most.
BTC has not evolved into a fully accepted currency. Until it becomes a worldwide accepted currency its price matters the most.
Of course the price of bitcoin is all that matters, the real questions then becomes what affects the price. That's what really matters.
LOL if you want to buy something you have to exchange someting. When you exchange bitcoin how would the seller agree if there is no value?
That's right. As long as bitcoin is bought and sold for fiat its price will matter.
Value is needed for a trade exchange.
Also the value shows growth or a decrease which give investors a speculation chance. This is mandatory for currency's competing against each other.
There have been endless discussions on this, the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.
what you said is totally perfect, If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.
LOL if you want to buy something you have to exchange someting. When you exchange bitcoin how would the seller agree if there is no value?
That's right. As long as bitcoin is bought and sold for fiat its price will matter.
those saying that the price dont matter must be lying. everybody holds bitcoin to have some value and most are investors in bitcoin. Those saying what matters is the trend, isn't that trend related to the price? to me the price matters a lot
The price doesn't matter. I'm not lying. It might matter to speculators (and people that call themselves investors), but it doesn't matter to Bitcoin.
we already had this discussion... the price indeded does matter, if you want bitcoin to be fully adopted
example, i'm talking about a very distant future, someone(big bank for example or a big business) start buying bitcoin in bank and they can afford to buy the majority of bitcoin, those bitcoin then can be used to pay directly the wage in bitcoin
then another business company need to do the same, but it can not because the other istitution already acquired all the bitcoin, because they were too cheap
now we have one entity with the monopoly of bitcoin, bitcoin sostantially need a better price to be spreaded for all people around the wolrd and it will happen naturally if you want adoption
LOL if you want to buy something you have to exchange someting. When you exchange bitcoin how would the seller agree if there is no value?
Ofc that its matter, bitcoin needs a value, i must agree with some users that said that this is a task from speculators, well is some cases yes, thats true.
Btw i think the correct question should be: Does the Price of Bitcoin Matter NOW?
my answer will be, yes, but not as much as in 5-10 years
Btw i think the correct question should be: Does the Price of Bitcoin Matter NOW?
my answer will be, yes, but not as much as in 5-10 years
The price of bitcoin matters to some extent. When the price is high, the total value of bitcoin is also high. So it is difficult for somebody to manipulate the price easily.
most people need some kind of anchor to set themselves to. So they use examples as to 3goats=1cow and so on. Same goes to bitcoin and value is created by consensus demand. But in my opinion, the price of a single bitcoin does not matter since the technology is priceless. those saying that the price dont matter must be lying. everybody holds bitcoin to have some value and most are investors in bitcoin. Those saying what matters is the trend, isn't that trend related to the price? to me the price matters a lot
The price doesn't matter. I'm not lying. It might matter to speculators (and people that call themselves investors), but it doesn't matter to Bitcoin.
To Bitcoin the price indeed doesn't matter. For certain services and gambling sites that do their business solely with Bitcoin also don't care about the fiat value to a certain extent as they still have to pay for hosting and so in.
those saying that the price dont matter must be lying. everybody holds bitcoin to have some value and most are investors in bitcoin. Those saying what matters is the trend, isn't that trend related to the price? to me the price matters a lot
The price doesn't matter. I'm not lying. It might matter to speculators (and people that call themselves investors), but it doesn't matter to Bitcoin.
those saying that the price dont matter must be lying. everybody holds bitcoin to have some value and most are investors in bitcoin. Those saying what matters is the trend, isn't that trend related to the price? to me the price matters a lot
The price of bitcoin matters to some extent. When the price is high, the total value of bitcoin is also high. So it is difficult for somebody to manipulate the price easily.
Bitcoin price will matter to me till a day when I can buy anything and everything with BitcoinsBTC without having to exchange bitcoins for dollars. But that day is not too far,its coming.
Stabillity or controlled grow matters more. It's just that so much fluctuation attracts the wrong kind of people.
What you need is the masses and they scare (panic sell) with a 20% price drop in a day..
What you need is the masses and they scare (panic sell) with a 20% price drop in a day..
Of course it does, it matters a lot, more than a lto of people is willing to admit for some reason. If we let the price stagnate to much, an inertia of loss of trust happens. In any case, it probably means less than a lot of people think specially at the current development stage were we are still at a version 0.11 and things haven't even begun yet.
People like holding bitcoins so yeah that is really important for them.
Also for people that really like BTC. O never heard that the prize is not that important. So yeah.
Also for people that really like BTC. O never heard that the prize is not that important. So yeah.
if it is about trading, then yes. the bitcoin price is very important. if it is for holding bitcoin, then not. i will not sell my coins right now for peanuts when i can sell them for much much more a few years later.
It depends! To the most of the people it matters since they are in this only profit wise. I will admit that it matters to me as well to the certain degree, but only to the certain degree.
If I would know that Bitcoin will be successful for sure in the future, I would careless about the price until this doesn't happen, until Bitcoin doesn't succeed completely. I think that Bitcoin having its price is a major drawback for the Bitcoin. Why? Because people judge about its success only by its price and that's a big weight on the shoulders to carry. For example, Internet didn't have this weight on the shoulders especially during the hard times of its development.
Just my two cents..
If I would know that Bitcoin will be successful for sure in the future, I would careless about the price until this doesn't happen, until Bitcoin doesn't succeed completely. I think that Bitcoin having its price is a major drawback for the Bitcoin. Why? Because people judge about its success only by its price and that's a big weight on the shoulders to carry. For example, Internet didn't have this weight on the shoulders especially during the hard times of its development.
Just my two cents..
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