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Topic: Does the Price of Bitcoin Matter? - page 48. (Read 304484 times)

hero member
Activity: 868
Merit: 500
June 16, 2017, 03:20:52 PM
Besides the two factors around the bitcoin price you need to consider the reward of the miners, im talking about the halving that usually makes a huge pression over the price. Bitcoin value will always be something we all care about, being investors, daily trader or just a curious person.
member
Activity: 98
Merit: 10
June 16, 2017, 02:58:37 PM
Bitcoins value is derived from 2 things. First is its use as a currency where its advantage over fiat is mainly its anonymity. Second is its speculative value which is derived in large part from all the hodlers. The price doesn't matter for those using it as a currency but it obviously matters for those investing and holding bitcoin.
legendary
Activity: 1512
Merit: 1041
June 16, 2017, 02:50:51 PM
for me its price does not matter since i'm a holder. my aim is getting bitcoins as much as i can so that i can cash them out when we hit high prices. always focuss on its number not its price.
But mate you hold bitcoins only because they have a worth in real life, right ?
I mean that would you be holding any gold in your lockers if you know it's price has been done and dusted. Even though we guys only deal in bitcoins and don't give much worth to their price but actually the price does matter a lot since we determine the worth of bitcoins according to that only.
legendary
Activity: 3150
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June 15, 2017, 11:49:17 PM
yes, of course matters. In changing prices there is a possibility to make money on this. People just have a possibility to invest and increase their wellness.
I feel that the more people that hold the coin the more the price of Bitcoin will grow since there is less coins placed within Bitcoin exchanges. If people wanted to make money on Bitcoin then they could sell portions of it to get by, there is no need to sell the whole thing if they invested wisely.
It's not like that, the demand is the main reason why the price will increase or has increase.
The increasing demand is happening and if this will continue the price will certainly grow to a bigger amount.
I would expect in maybe 10 years from now there will be a lot of people who will make a fortune holding bitcoins only.
hero member
Activity: 850
Merit: 504
June 15, 2017, 11:20:59 PM
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 suppose for those that truly believe in the technology the price is irrelevant, but for the most people the price is important, since they are investors or simply they got some of their saving in bitcoin, or because they earned some bitcoin at some price and they want to at least get as many dollars as they earned.

The price attracts investors and bitcoin users to dealt in bitcoin as much as possible, price is the turning point of deciding whether its time to save or to spend it.

Of course, we based it on the price of bitcoin it it is good to enter or to exit and wait for another opportunity to enter again. It is the price that is one big factor in decision in crypto trading. Also, bitcoin price  also affects the altcoins. You may notice that also.
hero member
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June 15, 2017, 11:16:31 PM
yes, of course matters. In changing prices there is a possibility to make money on this. People just have a possibility to invest and increase their wellness.
I feel that the more people that hold the coin the more the price of Bitcoin will grow since there is less coins placed within Bitcoin exchanges. If people wanted to make money on Bitcoin then they could sell portions of it to get by, there is no need to sell the whole thing if they invested wisely.
legendary
Activity: 1148
Merit: 1097
Bounty Mngr & Article Writer https://goo.gl/p4Agsh
June 15, 2017, 08:55:45 PM
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 suppose for those that truly believe in the technology the price is irrelevant, but for the most people the price is important, since they are investors or simply they got some of their saving in bitcoin, or because they earned some bitcoin at some price and they want to at least get as many dollars as they earned.

The price attracts investors and bitcoin users to dealt in bitcoin as much as possible, price is the turning point of deciding whether its time to save or to spend it.
legendary
Activity: 2534
Merit: 1338
June 15, 2017, 08:35:54 PM
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 suppose for those that truly believe in the technology the price is irrelevant, but for the most people the price is important, since they are investors or simply they got some of their saving in bitcoin, or because they earned some bitcoin at some price and they want to at least get as many dollars as they earned.
hero member
Activity: 655
Merit: 500
June 15, 2017, 02:26:40 PM
Price really matters to me as my buying and selling decisions are dependent only on the price as if price goes lower I buy more of them and if it goes higher then I prefer to sell some of them to make some quick profits.
The price of bitcoin that move so fast makes a lot merchants scare about adopting bitcoin as payment option.  But if we see that bitcoin is become good investment, tje merchant  should not afraid about bitcoin.
in fact there is a lot of fluctuation in the price of bitcoin which is really making them reluctant to invest. we can see that some time the price of bitcoin fell down a lot more than 600 $ in a single day that is really huge fluctuation, but  i am hopeful that when the price of bitcoin will become a little stable then it will become possible for merchants to invest their money here in bitcoin. but i think they have to wait for that.
legendary
Activity: 938
Merit: 1002
June 15, 2017, 02:04:30 PM
Price really matters to me as my buying and selling decisions are dependent only on the price as if price goes lower I buy more of them and if it goes higher then I prefer to sell some of them to make some quick profits.
I am mostly doing crypto trading like ethereum to bitcoins and vice versa with like 10 plus coins. Therefore I am never too worried about the bitcoin's price but actually when I have made some profit the only way to know it is by cashing it and hence the price does matters.

Guys understand the picture if we are holding bitcoins we are holding because we want to earn through it, we are all online to earn some bucks, ain't it ?
sr. member
Activity: 1974
Merit: 450
June 15, 2017, 09:58:05 AM
I think price of bitcoin was matter because if they not matter, why many users used a lot of their time to earn bitcoin? Because they want to have income also they make it due to have a business or invest to secure that they earn bitcoin weekly, monthly and yearly.
Of course bitcoin prices are so important for now. Well, I'm sure, 60% of the popularity of bitcoin to date is due to its very high price. I'm sure, when bitcoin prices go down, there will be very much negative news about bitcoin, so price is so important.
full member
Activity: 140
Merit: 100
June 15, 2017, 09:03:51 AM
Yeah your reason is right but Bitcoin is still unpredictable and everyday bitcoin value have a movement. Yes pricing of bitcoin have a big factor and once the value of it fluctuate the user of it will panic and they leave it but if you notice the value of it, it is better that the value of it is always on the top to encourage more investor. As long as the bitcoin is with in the higher price many user of it will still using on it.
full member
Activity: 414
Merit: 107
June 15, 2017, 02:41:05 AM
of course, it matters.
price is the main concern of an investor so it can not be denied anyway, here profit-making would be the main reason for investors, so good price always encourages to more investment, on the other hand, bad price influences to stay away from bitcoin...
hero member
Activity: 630
Merit: 500
June 15, 2017, 01:48:39 AM
I think price of bitcoin was matter because if they not matter, why many users used a lot of their time to earn bitcoin? Because they want to have income also they make it due to have a business or invest to secure that they earn bitcoin weekly, monthly and yearly.
sr. member
Activity: 532
Merit: 250
June 15, 2017, 01:35:49 AM
Bitcoin price will always be the main interest to any investor, because all are into bitcoin to get money, no one can say its at bitcoin because just its technology, because its impossible to ignore bitcoin is worthing 2500 dollars. As investor you will always wait the best price to buy bitcoin or any other crypto coin, the value is very important.

Agreed and also some services rates also following the price of bitcoin. The price of bitcoin is really matter to all bitcoin user. Bitcoin become the place for investment too, since the bitcoin's price increase so high nowdays. I think if the bitcoin's price keep increase, more people will come and start interest on bitcoin.
legendary
Activity: 3150
Merit: 1148
Fully Regulated Crypto Casino
June 15, 2017, 01:02:12 AM
Bitcoin price will always be the main interest to any investor, because all are into bitcoin to get money, no one can say its at bitcoin because just its technology, because its impossible to ignore bitcoin is worthing 2500 dollars. As investor you will always wait the best price to buy bitcoin or any other crypto coin, the value is very important.
Price represent the value of bitcoin, when the price is high people love to invest with it and when it dump people panic.
It's the scenario that's why smart people love to stay here because they can easily make money from dump people entering
without enough knowledge.
sr. member
Activity: 286
Merit: 250
June 14, 2017, 11:26:01 PM
Bitcoin price will always be the main interest to any investor, because all are into bitcoin to get money, no one can say its at bitcoin because just its technology, because its impossible to ignore bitcoin is worthing 2500 dollars. As investor you will always wait the best price to buy bitcoin or any other crypto coin, the value is very important.
newbie
Activity: 16
Merit: 0
June 13, 2017, 03:36:07 AM
yes, of course matters. In changing prices there is a possibility to make money on this. People just have a possibility to invest and increase their wellness.
sr. member
Activity: 584
Merit: 256
June 13, 2017, 12:56:54 AM
Price really matters to me as my buying and selling decisions are dependent only on the price as if price goes lower I buy more of them and if it goes higher then I prefer to sell some of them to make some quick profits.
obviously, it matters...
without increasing profit ow we can gain profit if the price will not increase then why people invest there..? I think the price is the prime issue of this matter.if you have no chance to gain profit then you never go to invest any single penny anywhere. so it can be said that price is a matter for bitcoin...
sr. member
Activity: 545
Merit: 250
Colletrix - Bridging the Physical and Virtual Worl
June 13, 2017, 12:53:33 AM
Price really matters to me as my buying and selling decisions are dependent only on the price as if price goes lower I buy more of them and if it goes higher then I prefer to sell some of them to make some quick profits.
The price of bitcoin that move so fast makes a lot merchants scare about adopting bitcoin as payment option.  But if we see that bitcoin is become good investment, tje merchant  should not afraid about bitcoin.


This what I'm seeing two, Besides that, Transaction fee is very expensive and bitcoin scaling is not yet resolve that results for slower transaction confirmation.
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