Does the Price of Bitcoin Matter? - page 39.

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Quote from: bhabygrim on October 09, 2017, 04:52:00 AM

Of course it does specially for us who use it and depends on it,
The price of bitcoin is really important for us who are depending to much in bitcoin,
The one's who quit's their job and stayed at home and only earning through bitcoin.

I really depends on bitcoin but of course this is not become my main incomr although it pays much bigger from my current job but at least this is really helping my situation right now. So I think its pricr is really matter here for anyone who ate in bitcoin world. But to think that all of them quite their job and focus on this will really bad since the price is really fluctuative every time

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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 think, the price of bitcoin really does matter. Its really hard not to take the price in to consideration knowing that it could go up in an overwhelming rate. This is the reason why most people invest in bitcoin, and because they are having a good profit, many people are just wanting to have the same experience, so people just keeps on investing and investing on bitcoin.

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Quote from: bhabygrim on October 09, 2017, 04:52:00 AM

Of course it does specially for us who use it and depends on it,
The price of bitcoin is really important for us who are depending to much in bitcoin,
The one's who quit's their job and stayed at home and only earning through bitcoin.

Indeed, if there is no price of bitcoin or if the price of bitcoin is low then we will not depend on bitcoin that much because we can easily estimate that the earnings that we can get in bitcoin is not worth it to spend our time since the price of bitcoin is not sure that is high or even close for a high price. Bitcoin price is what matter most because that is why, it is continue getting attention and investors.

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Quote from: scott1 on October 08, 2017, 06:48:45 PM

I'd have to agree that the price is rather crucial in these (still) "early days" to grow adoption and infrastructure development to a critical point where ease of use and comfort with the currency exceed or, at least, match fiat currencies. I'm going to argue that the vast majority of people who are entering the space now and buying BTC or altcoins are doing so to profit from speculation. Thus, if BTC is to continue to attract more infrastructure investment, incentivized by a growing user base, then you'd want the price to continue to present investors with attractive returns on their investment. Over time, it would seem logical that "price appreciation" becomes less important, because investment in infrastructure has made BTC a much more frictionless vehicle to transfer value, and new users are now joining for the quality of the protocol/experience vs. the traditional fiat market rather than just to speculate on an outsized gain on invested capital.

in my own point of view price of bitcoin really matters since thats the only way we know the value of it as to how much. the bigger the value of bitcoin the bigger amount our income earned. each day it grows bigger and so as the exchange rate gets hgher. price of bitcoin also is very important because its price is its life and worth.

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Of course it does specially for us who use it and depends on it,
The price of bitcoin is really important for us who are depending to much in bitcoin,
The one's who quit's their job and stayed at home and only earning through bitcoin.

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Quote from: developer101dev on October 09, 2017, 02:28:08 AM

Yes it matters since bitcoin has the highest coin value in the market and if the price of it decreases then the coins that are in the lowest hierarchy will obviously decrease and also if other country that is contributing the most in the market will stop then that is also a huge problem in the circulation of the market.

This was the thing based by businessman when the are basing the price of the bitcoin. If they want to transact ofcourse the price will matter.

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Quote from: AngelSky on October 09, 2017, 12:37:08 AM

Quote from: jatin729 on October 08, 2017, 11:05:12 PM

Yes obvious price matter,
There are factor which attracts the investors one of factor is price of the particular.
For eg. when bitcoin was made price was about 0.004 USd/ btc, few of the people were interested to invested at that time, but after some time bitcoin price increased
than investors shown interest. Yes price matter.

Yes of course ,the price of bitcoin is reason for many are investing in a bitcoin.If the price reduce below 3000$ means,many investor will stop to inverse their money in bitcoin.So the price maters for the investing on any source including the bitcoin.But try to buy the bitcoin ,when the price is low not high.

Price of bitcoins matter but it also depends on the goal of each investors. I have to disagree with your statement that less people would invest if its price would be below $3000. Due to bitcoin's volatile and decentralized nature, it is impossible to predict its final value in the upcoming days. Investors are taking advantage of its nature since they speculate that once its price decreases, then that will be the opportunity for them to invest. Of course, there are always some external factors to consider when predicting its value but the fact remains the same that once its price decreases, expect MORE investors to spend their money.

developer101dev

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Yes it matters since bitcoin has the highest coin value in the market and if the price of it decreases then the coins that are in the lowest hierarchy will obviously decrease and also if other country that is contributing the most in the market will stop then that is also a huge problem in the circulation of the market.

Rajamuda

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Of course it's matter, bitcoin is mostly known by many people because of the price. The higher of price will become more familiar to many people, and will be more of them being interested in bitcoin and start to earn it in their own way. Well so far has proven bitcoin price continue to lead to an increasing from than previous years, and proved has been increasingly a famous bitcoin among many peoples in this world, which used to be only a small part of people only who know bitcoin I guess.

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Yes, the price of the bitcoin matters. It attracts most of the people and it makes BTC popular. Making it to $5000 from $0.8 is such an unbelievable phase. So, does price really an important aspect why bitcoin is hitting the market.

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Quote from: jatin729 on October 08, 2017, 11:05:12 PM

Yes obvious price matter,
There are factor which attracts the investors one of factor is price of the particular.
For eg. when bitcoin was made price was about 0.004 USd/ btc, few of the people were interested to invested at that time, but after some time bitcoin price increased
than investors shown interest. Yes price matter.

Yes of course ,the price of bitcoin is reason for many are investing in a bitcoin.If the price reduce below 3000$ means,many investor will stop to inverse their money in bitcoin.So the price maters for the investing on any source including the bitcoin.But try to buy the bitcoin ,when the price is low not high.

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In my opinion yes, the price of bitcoin is really matter. It will attract many people to start using bitcoin, people will curious about bitcoin why the bitcoin price is so high. I think one of the biggest advantage on bitcoin is the price itself. If the price of bitcoin is really low, people will not see it.

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Quote from: ankylotic on October 09, 2017, 12:20:03 AM

Quote from: meebs on October 08, 2017, 07:13:29 PM

The price of bitcoins does matters as your buying and selling decisions will depend only on its price as you will never sell at low price and never buy it at higher price and its only the price of bitcoins that attracts people towards and if the price of bitcoin falls to extreme level in future then there will be many people who will prefer to quit bitcoins and switch to some other investments.

exactly it is a kind of business and you have to follow the up and down of it. certainly bitcoin people will buy when prices are down or are suitable for purchase. so the prices are very giving an important role in terms of benefits for you. many of the people are there involves in bitcoin are willing to get more and more profit in the future and want to be millionare in future which will only happen when price goes beyond imagination.

This will favor the whales much because they can buy and sell at a big capital leading them to a great income.
It's easy actually because it is only based on the speculation of the people and the market will begin to move, right now as the price is rising
what we have to do is just hold our bitcoins and sell when the dump will start.

ankylotic

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Quote from: meebs on October 08, 2017, 07:13:29 PM

The price of bitcoins does matters as your buying and selling decisions will depend only on its price as you will never sell at low price and never buy it at higher price and its only the price of bitcoins that attracts people towards and if the price of bitcoin falls to extreme level in future then there will be many people who will prefer to quit bitcoins and switch to some other investments.

exactly it is a kind of business and you have to follow the up and down of it. certainly bitcoin people will buy when prices are down or are suitable for purchase. so the prices are very giving an important role in terms of benefits for you. many of the people are there involves in bitcoin are willing to get more and more profit in the future and want to be millionare in future which will only happen when price goes beyond imagination.

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Quote from: Hotel_Prodeo on October 08, 2017, 11:40:35 PM

No, I think bitcoin price matter because decentralized system is a price that can go up tens of percent in a day. the first thing before we invest bitcoin is dare to take risks.

Not all decentralized system goes up, actually for now only bitcoin is having a progressive market due to good news and trust of the people who
keeps putting their money and using the system. This is not dictated and controlled by the government so we can ensure it cannot be hardly manipulated
and we can trust it as our investment then.

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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

For me the price of bitcoin really matter it is because since the price of bitcoin is unstable, it can go higher or lower. We should know the current price and past price of bitcoin if we are going to sell or buy bitcoin for us to compare the price. We should also know how to monitor the bitcoin price.

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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

Honestly speaking, yes, bitcoins price matters. People are attracted to bitcoin because of its continually increasing value. We are all very happy and expectant of the use and convenience that bitcoin brings, but most people are buying bitcoin for profit purposes and I don't really blame them for that.

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I don't think that blockchain has a relevant connection on fees that banks where able to get from clients since we should consider bitcoin as a different entity from the bank. If banks has statement of their clients account, this should go as well with bitcoin. A bank intermediary for seeing this would not be necessary since bitcoin is digital currency and bank deposits and into the normal currency. Moreover profits of the back does not directly affect the profit and loss bitcoin has been able to produce.

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No, I think bitcoin price matter because decentralized system is a price that can go up tens of percent in a day. the first thing before we invest bitcoin is dare to take risks.

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Yes obvious price matter,
There are factor which attracts the investors one of factor is price of the particular.
For eg. when bitcoin was made price was about 0.004 USd/ btc, few of the people were interested to invested at that time, but after some time bitcoin price increased
than investors shown interest. Yes price matter.

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