Topic: Does the Price of Bitcoin Matter? - page 24. (Read 304484 times)

i support you for that mate,bitcoin now is known in every part of the
world and thats what matters most,with a huge value now and continuing to
dominate the crypto community this is the most important here.

For me its a yes.Because if you could see how much price bitcoin is holding right now it is si valuable.But i am nervous about it getting to low also.

Yes it is, the higher the price the more people will invest in it.
The higher the price the more profit you will earn.
And one thing, all people here have one same reason why they start to join bitcoin and that is because of its price.
And until now its price is still increasing.

For everyone, the bitcoin price increase is very profitable, everyone does not think that the bitcoin price increase could be so fast, and it looks like the upward trend will continue in 2018, if the price increase of 2018 is like this year, then another year the price will reach $ 100 k.

My economic books says a [perfectly compitative market] so i belive bitcoin is a compititive market where everybody ave perfect knowlegdge about the market,it has many buyers and sellers and the most important it has the price taker so a specified price is given(by mesuring the demand and supply of the market) and peoples have to take decessions accourding to this price.dont think this as froex but it is something different and really stable than froex

Bitcoin value/price really matters because there are lot of investors who are willing to invest their money just to earn bitcoin/money in just a short expand of time. I know all of us has joined or has been interested here because we know that our life could change because of this innovation, it is just a matter of taking risk for us to earn.

Paper money is worthless, only a paper that is inaugurated into money and many people who admit it to have a price. But bitcoin is much more advanced than paper money, because it has a system that can not be made at will. But there are still many people who have not realized about Bitcoin.

Of course, it’s one of the main reasons why bitcoin become famous. A lot of people are already investing their money into bitcoin because of its increasing price. We can’t tell whether it’s going down or continue to increase but with the current situation I think it will continue and break another all-time high. So it’s a good way for investors that want to turn their money into real profit.

Of course its matter, we really concern about the movement of the price.the price of bit coin is increase day by day ,thats why many people were interesting to become a miner to gain more side money.

$ 20,000 for the new year? I doubt it very much. Perhaps, in connection with the trading in futures, the price will increase, but not to 20 thousand accurately. I think not more than 15,000

Yes it is, When the value of bitcoin's is increasing then some of the altcoins price will decrease. Bitcoins value is affecting everyone that's why it really matter when the value of bitcoins is increasing each time in the market.

For me the price of bitcoin really matters because peoole now based their job by picking if the job have a high salary. So if bitcoin have a lower value people do not depend here because it can 't help to fulfil their needs in lige and vice versa.

Price of bitcoin absolutely matter. Since it is used as payment system and also to purchase goods and stuffs, it is important to know its price as its price determine its value. Also, it is very important to take note for when it comes in investing. It might not be stable but it can absolutely be used in investing or trading. Furthermore, to those people whose bitcoin is their source of income, they can get profit in it once they track its price. So its price really matters.

Of course not, the rise in bitcoin prices is a great blessing, everybody feels great benefits, lots of people get rich and get big profits, I expect the price to go up and get to at least $ 20k this month.

The rise of the bitcoin is irrelevant per se, traders make their trades irrespective of the price. However, the rise affects substantially the overall market, bringing down the xxx/btc pairs.
The price soars gradually, it is difficult with such price to have steep and sudden gains. 

I agree. However, since the price of bitcoin is too high, too many people invest their money in bitcoin and it is not good at all. Most of investors in these days do not want to learn more about bitcoin. THey just focus on the value of bitcoin and the chance of being rich with bitcoi

Actually it does not matter if bitcoin prices will continue to rise. When the bitcoin price goes down do not take action to sell it, believe me sooner or later the bitcoin price will soar. so there's no problem in my opinion

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Many hold out hope that over time Bitcoin will perform as it should in theory and become a store of value, while others simply cannot bear the thought of losing purchasing power in the short term. Even if their motivation for buying crypto-currency in the first place was convenience or just curiosity they can’t stop themselves looking at it as an investment. Whatever the reason, if you see Bitcoin purely as a currency, price matters.

There are other, more subtle ways in which price matters as well. At the start of this year I wrote that I expected Bitcoin, following a short continuation of volatility, to settle into a tighter range. In that respect it is no different to any other commodity or currency; volatility following a bubble is normal (think gold on the way down or, more recently the Euro) but eventually it subsides. The potential advantage that I saw then was that when that happened it was likely that at least one of the major companies toying with Bitcoin would commit fully, and begin keeping the coin received in payment rather than immediately converting to Dollars. Over the last couple of months we have experienced relative calm on the exchanges and while that transition hasn't happened yet, the calm has at least cut down on the number of uninformed “It’s all a scam!” stories in the mainstream media.

That in turn has probably been a contributing factor in two very important developments this quarter. Yesterday it was announced that the Princeton professor Ed Felten will join the White House Office of Science and Technology. Of course there is nothing new in a Princeton professor becoming a White House advisor, but this particular one is known to be somewhat “bitcoin friendly.” That probably had little to do with his appointment but it certainly won’t hurt to have somebody in the White House who both understands and appreciates Bitcoin and the technology surrounding it. If the price of Bitcoin hadn't stabilized to some degree, however, his association with the currency would probably have made the appointment less likely.

Similarly, some degree of stability also helps when academic institutions seek to expand their study of crypto currencies, and Bitcoin in particular. Is it likely that MIT would have been able to offer a home to three Bitcoin core developers if we were in the midst of a full on crash or another bubble-like spike? Given the politics that is ever present in academia, probably not. The fact that MIT has a Digital Currency Initiative at all should say a lot to Bitcoin’s critics, but the fact that its director Brian Forde thought it important to give these developers a place to continue their work after the Bitcoin Foundation ran out of funds speaks volumes.

Like it or not, if Bitcoin is to really fulfill its potential, it has to achieve some degree of mainstream acceptance. The events of the last few months have shown that that is far more likely if the price is at least relatively stable. If for no other reason than that, whatever those on the extremes may say, price does matter.

Of course it’s important. Price is what gives value to anything. The higher the price, the higher the value. Especially with Bitcoin today where the price hike is almost unstoppable! Which is why many are getting bits of BTC today..not for the amount they will get, but for the value they earn.

Early last year, too, do such manipulations as well as this year. The price chart is very similar, only with other figures. So I very much hope for stabilization in the bitcoin market and that our coins will go up in price.