Does the Price of Bitcoin Matter? - page 26.

sariz12

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Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

For me ,off course Yes it does matter, but that's not the only thing that matters. Sadly I think a 99% of people just get involved with bitcoin nowadays for the profit potential but as we've seen its not a guaranteed investment. Part of me wishes bitcoin would just find its 'true' value and stay there but another part of me is excited by the speculative value of bitcoin and where it can go to in the future but I'd rather it be successful as a technology than make a load of money off of it ... And the price does matter though users matter more because they are unconciously investing towards if they only save some money on it Meaning more users more value of money and more money involved and so as the other interested bystanders that is impressed by it...

Nissan-GTR

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Quote from: Q7 on May 13, 2015, 08:37:38 AM

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.

True, the price of bitcoin indicates how does bitcoin perform in a certain period of time, it shows how does the people here become productive , the substantial outcome with the help of each one of us, it will give you a bigger amount of profit and thats the reason why people hold bitcoin, they want a bigger amount of profit.

Sera2.0

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Цeнa oчeнь xopoшaя, и oнa тaкaя бoльшaя, знaчит ecть cпpoc

shoreno

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Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

well for me, the price of bitcoin does really matter because im an investor to bitcoin thats why im really hoping that its price can go up in order for me to earn a descent amount of income and to recover my capital. though i believe some people arent really care if bitcoins value would go up or down as long as bitcoin has still have a value and they can still earn a profit to it.

Pompa

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The price of bitcoin becomes matter depends on how it will access upon the business makes trough, and it depends the value when going lower or high value the price . bitcoin is getting high value so it doesn't matter.

danielnamit

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Yes because there are times that you really worried about the price of bitcoin because you are afraid to lose or lower down your money.

50ouncebrew

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Yes it does, obviously. Why wouldn't it matter? The price of Bitcoin begin high gives it supreme legitimacy and if it were to crash back to say under $1,000 people would never look at it the same again.

Harriti

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Quote from: ThunderCatSteve on November 24, 2017, 01:39:06 AM

Quote from: sarahtarczon on November 17, 2017, 06:11:57 AM

Yes, the price of Bitcoin is the big matter about how they lookt at Bitcoin. Imaging Bitcoin reachs to the 10k$ goal. They will not say Bitcoin is a fraud any more and change their view into a positive way about Bitcoin.

Price is the main thing because of which people are investing into bitcoin and if the price doesn’t matter then people will not invest in bitcoin because price is giving profit to the people and that’s the main reason of bitcoin popularity and now the new trend has be started that it can also be used as payment and all these things are revolving around the price factor and yeah 2017 is the best year for the btc and investors.

No, I don't think so. Remember, the cryptocurrency market just started popular in this year. 2017 is the beginning of cryptocurrency and blockchain technology. With blockchain technology, we can use it to apply for reality. There are a lot of problems can use blockchain to solve and improve.

nagatraju

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The price does really matter to all bitcoin users I guess including me, I think nowadays it is the main reason why people usually turning their money or buying bitcoin because of the price and not because of the other characteristics that bitcoin has. The price is really important especially for those who are aiming for profit in bitcoin.

uniquefighter

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Quote from: azguard on November 23, 2017, 01:34:04 AM

Look at this from this perspective, if bitcoin price is not that important then why is going up almost every day and why so many are willing to invest or to participate in bitcoin market in some way. Some thing will never change and that is bitcoin price.

The price does matter because that is the representation of its value, if the price is high that simply mean that the value is high. I believe that bitcoins will become more valuable in the near future that is why I am slowly saving a little of it in my wallet.

gunhell16

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everything matters.. the price of bitcoin is really rising and we cant stop it all we can do is to join the ride and earn from it .. did you try ? idid and i earn !

916mini

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i've actually stopped mining them and moved on to alternative cash :-). It's mostly as a hobby

ThunderCatSteve

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azguard

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Look at this from this perspective, if bitcoin price is not that important then why is going up almost every day and why so many are willing to invest or to participate in bitcoin market in some way. Some thing will never change and that is bitcoin price.

cydrix

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Price does matter though users matter more because they are unconciously investing towards if they only save some money on it Meaning more users more value of money and more money involved and so as the other interested bystanders that is impressed by it.

carlfebz2

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Quote from: davinchi on November 22, 2017, 04:01:04 AM

Quote from: putrii on November 20, 2017, 06:30:42 AM

Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

which makes expensive bitcoin prices a factor of very high market demand and very limited and little bitcoin availability, that's the main trigger for bitcoin to be very expensive.

This kind of question is just like asking if it really makes sense to save your Bitcoin lol. Bitcoin price does matter a lot, if it doesn’t matter then nobody would be talking about saving their bitcoin and all those stuffs.The price matters a lot and luckily, the high volatility has been to our advantage, cause there has been a steady increase in the price of Bitcoin.

Sometimes I do think the price is supposed to go down to create a chance for some people, though it’s late, but there might still be a chance.

Price corrections can really happen anytime soon on bitcoins price movements and ive been waiting for that opportunity because those are golden chances for us to make profits again when bitcoins price tries to surge up again. Its just a matter of buy low sell high task but it wont really be just an easy stuff. Bitcoin price does really matter because this do symbolizes on how good and strong it is as a virtual currency.

zhopas

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Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

In my own perspective, yes the price of bitcoin really matters. For me it is matter because it is the value of wages that we can accept each week or month. It is matter for me because it is the dependent of my work where can i work that have a high salary. the price of it matters in all business man.

davinchi

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Quote from: putrii on November 20, 2017, 06:30:42 AM

Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

which makes expensive bitcoin prices a factor of very high market demand and very limited and little bitcoin availability, that's the main trigger for bitcoin to be very expensive.

This kind of question is just like asking if it really makes sense to save your Bitcoin lol. Bitcoin price does matter a lot, if it doesn’t matter then nobody would be talking about saving their bitcoin and all those stuffs.The price matters a lot and luckily, the high volatility has been to our advantage, cause there has been a steady increase in the price of Bitcoin.

Sometimes I do think the price is supposed to go down to create a chance for some people, though it’s late, but there might still be a chance.

aftab.436

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Quote from: yinyangwinwang on November 21, 2017, 08:54:09 PM

Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

I wish more people were like this but you knew with mainstream acceptance you would get mainstream thinking too it had to happen. Now you have all these people getting into bitcoin not because of bitcoin or the tech or

because of blockchain but rather to make a quick $$. Not saying we arent all doing this but for me its not the number 1 reason I got into bitcoin. One can only hope there are more true devotees to the bitcoin cause around

.

The value of bitcoin matter a lot. If the value is rising in market people take keen interest and save their money in form of bitcoin, the high high price of bitcoin attract new people toward its trade and investment. the high price of bitcoin also effect the other cryptocurrencies and also the paper currencies. The high price is a key factor that make it unique from other currencies.

yinyangwinwang

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Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

I wish more people were like this but you knew with mainstream acceptance you would get mainstream thinking too it had to happen. Now you have all these people getting into bitcoin not because of bitcoin or the tech or

because of blockchain but rather to make a quick $$. Not saying we arent all doing this but for me its not the number 1 reason I got into bitcoin. One can only hope there are more true devotees to the bitcoin cause around

.

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