Topic: Does the Price of Bitcoin Matter? - page 207. (Read 304484 times)
It definitely matters as I buy every month a certain amount worth of $ in Bitcoin to hold for the future. The lower the price is, the more Bitcoins I get for the same amount of fiat I can spend every month.
As a 4000 plus trader on localbitcoin I can say that the price means nothing, I see many traders freak out and stop buying and selling when there is movement, but I just ride all the high and lows without issue. Always buy coins when offered and always sell when buyers come regardless of price drop or increase. I find that if I make a loss, the very next trade will rebound as I am buying at the new lower rate anyway.
HOWEVER saying that, it does give me the shits when I cant other pro trader using me as their scape goat when there is a drop on bitstamp and LBC has about 10 to 15 min before catch up. In that case I have told a few to cancel, BUT even then I normally buy. Bit scarey with the ups and downs over the last few weeks, but as I rode the increases while selling, I killed it. More than enough to cover the odd ball loss.
Not sure if a stable BTC and lower set margins is better than making a killing or even loosing on massive up's and down.
That is from a LBC trader point of view!!! NOT a investor. I only buy coins to sell them.
HOWEVER saying that, it does give me the shits when I cant other pro trader using me as their scape goat when there is a drop on bitstamp and LBC has about 10 to 15 min before catch up. In that case I have told a few to cancel, BUT even then I normally buy. Bit scarey with the ups and downs over the last few weeks, but as I rode the increases while selling, I killed it. More than enough to cover the odd ball loss.
Not sure if a stable BTC and lower set margins is better than making a killing or even loosing on massive up's and down.
That is from a LBC trader point of view!!! NOT a investor. I only buy coins to sell them.
it matters a lot... specially in trading... and also in spending your bitcoins...you don't wanna spend you coins specially if the value is low...
Yep that is true. And a rising price also attracts more and more potentially new partcipants as they see some possibilities to make profit with Bitcoin.Hopefully they see the long term potential and not only the quick buck which many of them are looking for.
For me, yes it does
Don't know how else I would know if I could make the right decisions in investing/trading/buying or not
Don't know how else I would know if I could make the right decisions in investing/trading/buying or not
It doesn't matter to me as far as my cold wallet coins goes right now, as I don't plan to sell them within 5 years anyway. It's also not important for me when it comes to spending Bitcoin. If I have to pay some one $50 worth of Bitcoin for something I bought, I simply convert fiat currency into Bitcoin and then send that person his $50 worth in BTC. Very easy
When it comes to trading, the price for me is very important. I am trading for years now and the profits in BTC are in 90% of the times directly sent to my cold wallets. That's how I am accumulating coins for several years now.
When it comes to trading, the price for me is very important. I am trading for years now and the profits in BTC are in 90% of the times directly sent to my cold wallets. That's how I am accumulating coins for several years now.
It does indeed matter because were talking about money here and money doesnt just grow on trees or we could just poop them out everyday and produce more .. just by seeing the price go up ppl went crazy
tell that to the government, for them it's kind grow on trees, but despite this it's matter nonetheless, with bitcoin it matter more, because there is the need to increase adoption
one way to do this is increasing the value first, new investors will come like flies, then...
I think yes. When the price is up we get more attention from media and society. Think about the time when Bitcoin went to 1000 USD. This attention brings new people to Bitcoin. So in general rising prices are good.
When the price was up to that level I started to look into bitcoin so it did bring me in and probably a few other people. On a selfish note I would like to price to drop to below $100 so I can grab loads as I missed out at the start but in answer to the question yes the price is important and I don't think we will ever see a stable price, it will always fluctuate quite heavily.
It does indeed matter because were talking about money here and money doesnt just grow on trees or we could just poop them out everyday and produce more .. just by seeing the price go up ppl went crazy
I think yes. When the price is up we get more attention from media and society. Think about the time when Bitcoin went to 1000 USD. This attention brings new people to Bitcoin. So in general rising prices are good.
Bitcoin's price has always been receiving ups and downs, and curves. Sometimes it becomes high and sometimes low.
According to me, bitcoin's price does matter because of these reasons.
(1) Traders gain due to increased price of bitcoins. If price will stuck and dont increase.. They have no purpose of doing the job.
(2) Miners too earn because of bitcoins, wont they go in depression because of their losses if price is too much low!
(3) Bitcoins is attest.
According to me, bitcoin's price does matter because of these reasons.
(1) Traders gain due to increased price of bitcoins. If price will stuck and dont increase.. They have no purpose of doing the job.
(2) Miners too earn because of bitcoins, wont they go in depression because of their losses if price is too much low!
(3) Bitcoins is attest.
Yes it is.
It is good when the price is bigger.
It is good when the price is bigger.
Bitcoin has many flaws, but it pretty good for a pioneer in cryptocurrency technology. Bitcoin's price is not really that relevant, as we have some big whales in the community that will pump their hearts out if bitcoin drops. I really don't care about BTC's price, as I buy and sell within the hour, and keep 1 BTC just for entertainment purposes 
It really does matter what the price is
If it doesn't matter how else are you going to start trading/selling or even mining if you don't know the value of the bitcoin?
If it doesn't matter how else are you going to start trading/selling or even mining if you don't know the value of the bitcoin?
Well I am new and I don't have BTC but I think that the price of BTC matters.
Because what is the point of using BTC with out knowing the price.
But if BTC is still 300 USD plus I am fine with it doesnt matter at all for me.
Because what is the point of using BTC with out knowing the price.
But if BTC is still 300 USD plus I am fine with it doesnt matter at all for me.
Well If you are holding BTC for the future doesnt matter as much but you wanna know that it grows.
But if you buy BTC than you want that it goes kinda low because is cheaper to buy.
So yeah BTC prize matters.
But if you buy BTC than you want that it goes kinda low because is cheaper to buy.
So yeah BTC prize matters.
I can't say no to this. It does matter to me, it's how I know if I can invest into something or not
If the price didn't matter than I would see no point into investing bitcoin.
I like to look at bitcoins as an investment for the future, I believe that the bitcoin will grow
If the price didn't matter than I would see no point into investing bitcoin.
I like to look at bitcoins as an investment for the future, I believe that the bitcoin will grow
The price matters quite lot. When the price is high, the market capitaization is high, the price volatility will be lower. People will tend to hold or use bitcoin more.
Of course it matters, why else would we be here talking about it 
It has value so something of value will always attract people to it. The more value the item holds the more it peaks people's interest in it.
They essentially want to see what makes it tick and if they can join in the adventure to see where it's journey will take them.
That result could either be wealth or ruin but that would depend on the price, so the answer to your question is yes.
It has value so something of value will always attract people to it. The more value the item holds the more it peaks people's interest in it.
They essentially want to see what makes it tick and if they can join in the adventure to see where it's journey will take them.
That result could either be wealth or ruin but that would depend on the price, so the answer to your question is yes.
Price of Bitcoin matters when buying and selling!
Don't know if anyone has said this already, but of course the price of bitcoin matters. If you consider it a currency, then the price is directly proportional to its purchasing power. The higher the price, the more stuff it can buy. Seems obvious, no?
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