Does the Price of Bitcoin Matter? - page 30.

p3ppymon

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Quote from: swordling143 on November 16, 2017, 07:12:17 AM

Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.

Your statement presuppose you have an "infinite" amount of bitcoin. As a trader, you should look for the spread and price variations rather than the absolute price. Percentage wise, you make money with a delta. If the gradient is null, then no profit.

sharm2121

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

The price of bitcoin is really matter for the one whos using it, but the one who dont know about bitcoin its doesnt matter Cheesy

redsun114

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Quote from: ssuchy on November 10, 2017, 04:44:04 PM

Quote from: Lmaooo on November 10, 2017, 01:17:21 PM

Of course, it matters because everybody want to own a bitcoin not satoshis. It would be more easier to calculate your profits in BTC rather than some small pieces for satoshis. Cool

since satoshi has invested a very great potential in Bitcoin, then in time even the smallest parts of Bitcoin, that is satoshi, will have a price big enough to want not only Bitcoin but Satoshi.

Yes it does matter because it a currency and price is very important for any currency because bitcoin have a lot of traders and investors here so the price is very important for them when the price of bitcoin become stable so it will lose its value and it will badly effect it users so everyone want to see bitcoin price high because we love bitcoin.

Sled

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Quote from: swordling143 on November 16, 2017, 07:12:17 AM

Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.

It is not only matters to the traders but for the investors and almost all the bitcoin users see the price as a basis for them if they will get into it or just ignore it and choose other investment. The price of bitcoin is the most attractive for overall because with the price you can see if it is interesting and if you will earn money with that or not.

swordling143

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

As a trader, it really matters to me. The thing is when the price is bitcoin is low, that's the time that I usually look for a seller because it is cheaper. Now, when the price is high that is a good time to sell it, because I can earn a lot from it.

CryptoUser25

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The price does matter because nearly no one will buy bitcoins when the price is expensive. Most of the people will invest when the price is really low.

So the price of bitcoin actually matters. It also matter for my friends and my family.

Quietman

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 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 really dont look at bitcoin price, but its price is actually the reflection of its trend. Bitcoin showed tremendous growth and it is rest assured that will reach it peak value. Bitcoin value is ever growing, it will not surprise me when it hit the double of uta current price. I see bitcoin not as a form payment as of the moment so I wont look at its price, instead consider it as an asset so that I look at it as an ever growing personal wealth

Riddikulo

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Quote from: ricardobs on November 14, 2017, 08:10:10 AM

Quote from: Ajinomoto40 on November 08, 2017, 09:31:14 AM

Quote from: Coinbuddy on May 13, 2015, 09:30:12 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 yes, the price matters. It is where we look up to when we first entered bitcoin. It is also the one that attracted more and more investors as time passes by. We also tend to depend on the price if bitcoin is in a good shape or not. We invested here because we know that the value is rising and we know that it will help us earn larger amount of money. In the future, all of us are hoping that the price will increase and all of these proves who the price of bitcoin matters.

Yes the price of the bitcoin is very important and the value of the bitcoin is increasing more with the passage of the time we will see how the knowledge of the bitcoin will be spread among the people and they will try the hard to make the bitcoin go more and more high with the short time investment and I am dreaming for the huge profit and the huge investment.

The peak of Bitcoin popularity in the past. Today we can see a lot of ways for making investments: trading, ICO, bountiesE There is no Bitcoin predomination anymore. Owner of Bitcoin the same people as the creators of BCH. They dont believe in the potential of old, good BTC. Thats all.

BCTBF

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Quote from: btcprospecter on November 15, 2017, 09:19:40 PM

To me the price isn't that important, it is good to see it so high I just want to see longevity and for bitcoin to still be about in decades.

Alright, I just wanted to keep bitcoin while I was able to do it, now I no longer care about the price. After all, if we pay too much attention to the price, we will panic if there is a big dump, so ignore the bitcoin price, then your investment will be sweet in the future.

btcprospecter

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To me the price isn't that important, it is good to see it so high I just want to see longevity and for bitcoin to still be about in decades.

dulce dd121990

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Practically speaking yes! It really matter of course. Price matters when you are into trading and investing. It is your focus while doing so! And it is really important though when you are into business.

pokeronlinestatus

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Quote from: burong1 on November 09, 2017, 09:22:39 AM

Yes of course price matter .

You are right everyone is using the bitcoin because of the high price and the increasing value I hope the bitcoin will get the high place in the future and almost all the people will use the bitcoin and the future of the bitcoin will be bright if they will use the bitcoin, now if the price of the bitcoin will remain the same then not all the people will buy the bitcoin but they will do to some other place but the real reason for using the bitcoin is the high price of the bitcoin which is gradually increasing more.

diegz

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Quote from: Jupeter on November 15, 2017, 02:00:09 AM

For me it's really matter because the price of the bitcoin is the basis of many users of bitcoin, because if the price of bitcoin will dump so the users of bitcoin will not sell it but when price of bitcoin will pump so it is the right time for them to sell it and earn more money.

What's your point really?

Honestly, price shouldn't matter, if you are only using it as a currency, even if it reaches as low as the OP of this thread is thinking, I would still use it. But since most of us are into profit, then it will be futile if the price would just stay low, I am sure that it will bring a problem, you have to work hard, trade bigger amount and putting in extra effort to earn it if you are not buying it, so I guess, it's good that it's price is high.

Jupeter

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For me it's really matter because the price of the bitcoin is the basis of many users of bitcoin, because if the price of bitcoin will dump so the users of bitcoin will not sell it but when price of bitcoin will pump so it is the right time for them to sell it and earn more money.

hovrah

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Quote from: cindygirl on November 15, 2017, 12:32:10 AM

The logic of bitcoin having an inherent value and so the price not mattering is completely wrong. Bitcoin price relative to other currencies will always be important, currencies and goods values are always determined by local factors but also by global factors. So as an example. Say 1 Bitcoin could buy you 1 banana and 1 bitcoin was equal to 100 usd, if 1 usd was also able to buy you 1 banana then obviously everyone would be able to profit from this and this would occur until there was relative parity between them.

if today consider Bitcoin as a payment tool, then what you said is the place to be. But if we talk about the real values of Bitcoin in relation to the dollar, the dollar has a certain weight of gold in its account, and what does Bitcoin have? I was always embarrassed by the fact that Bitcoin having a huge price, is still Just air, although built on a fairly strong technology.

goldcoinminer

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Quote from: Star_Bucks on November 15, 2017, 12:27:30 AM

Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

Most of the people here look in the price in bitcoin and maybe it is the one that attracted them the most to use bitcoin. When you are joining a certain campaign, you look at the price of bitcoin you may get so obviously you should consider it as something that matters since it is what keeping you here in the bitcoin community. You watch over the price also always so you may know when is the right time to sell or buy.

Well, regardless of our purpose with our bitcoin, we need to know the price.
Majority of the users are just using it online for their personal transactions and price do matters to them as they need to buy bitcoin and convert it to fiat.
Other people are also interested in the price movement, especially the traders as they want buy low and sell high to be profitable.

cindygirl

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The logic of bitcoin having an inherent value and so the price not mattering is completely wrong. Bitcoin price relative to other currencies will always be important, currencies and goods values are always determined by local factors but also by global factors. So as an example. Say 1 Bitcoin could buy you 1 banana and 1 bitcoin was equal to 100 usd, if 1 usd was also able to buy you 1 banana then obviously everyone would be able to profit from this and this would occur until there was relative parity between them.

Star_Bucks

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

Most of the people here look in the price in bitcoin and maybe it is the one that attracted them the most to use bitcoin. When you are joining a certain campaign, you look at the price of bitcoin you may get so obviously you should consider it as something that matters since it is what keeping you here in the bitcoin community. You watch over the price also always so you may know when is the right time to sell or buy.

Protected101

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Quote from: Coinbuddy on May 13, 2015, 09:30:12 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

Yes it really matters it is the life of bitcoin that expand in our currency.It is the center of attraction so thats why many investors invest on bitcoin due to rising and falling of bitcoin everyone of us should be affected if it is flactuating.

ricardobs

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Quote from: Ajinomoto40 on November 08, 2017, 09:31:14 AM

Quote from: Coinbuddy on May 13, 2015, 09:30:12 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 yes, the price matters. It is where we look up to when we first entered bitcoin. It is also the one that attracted more and more investors as time passes by. We also tend to depend on the price if bitcoin is in a good shape or not. We invested here because we know that the value is rising and we know that it will help us earn larger amount of money. In the future, all of us are hoping that the price will increase and all of these proves who the price of bitcoin matters.

Yes the price of the bitcoin is very important and the value of the bitcoin is increasing more with the passage of the time we will see how the knowledge of the bitcoin will be spread among the people and they will try the hard to make the bitcoin go more and more high with the short time investment and I am dreaming for the huge profit and the huge investment.

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