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Topic: Does the Price of Bitcoin Matter? - page 55. (Read 304484 times)

sr. member
Activity: 363
Merit: 250
April 24, 2017, 10:59:21 AM
Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.

Yes price factor can never be ignore in bitcoins as that is the deciding factor in making profits or loss and if bitcoin would not be holding such great price then I doubt that many would be interested in investing their money into it.
sr. member
Activity: 714
Merit: 252
April 24, 2017, 10:51:45 AM
I think it should matter a lot. That is what we looking for in bitcoin, more prices and dreaming for bitcoins to reach the moon. Of course if nothing like this happens then how we gonna make the profits? There must be liquidity in each and every currency to keep the trading platforms running and bitcoin is getting at the top in it. Now a days bitcoins price is the top most priority and we must see a rise in its price in coming future. So yeah it matters a lot. Smiley
sr. member
Activity: 1498
Merit: 416
April 24, 2017, 09:55:21 AM
Of course it is, bitcoin price is really matter especially on investors and traders. Price is  the main reason why are traders do trading and same goes for investors. Price of bitcoin is important this is the reason why people use bitcoin because it has a high value.
hero member
Activity: 826
Merit: 502
April 24, 2017, 09:33:32 AM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.

Does it really matter though (the number of people that's interested in bitcoins)? There can be just a couple of people trading bitcoins and the price can go up. Just a couple of whales and the price can sky rocket. The bunch of guys that has made the price of bitcoin go up in the start are just enthusiasts that did their research and thought that "Hey, maybe this might actually change my life. Might as well invest a couple of bucks." Then more and more people thought the same thing until the market gets established and price manipulators and whales came in. Now, there's a spectrum of people using bitcoins.

Simply put, everything starts with just a small amount of audience and then the whole thing just grows exponentially.
legendary
Activity: 1008
Merit: 1060
April 24, 2017, 09:26:50 AM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.
Thats right, and this is the most important thing about the cryptocurrencies, they have became more known because of the price and volume increase, but if it would not happen, then probably nobody would use bitcoin, exactly as you said.

Many people are being attracted to bitcoin thanks to that it provides hundreds, if not thousands of opportunities for a normal person who is not really wealthy, but who can afford to make up some investments. The point is, that with normal scenario, without the usage of cryptocurrencies, such a person could have only invest in some legit programmes that may give 3-5% return daily, if we are talking about the passive income.


Either you meant 3-5% return after a couple of years or you're talking about a ponzi that's based on fiat. The only "legit investment program" that we can all rely on is the bank's time deposit system which gives you 0.5% to 1.125% profit annually. Think about how low that is.

3-5% return daily will give you an ROI in 20 days (5% rate) to 30 days (3% rate). That sounds nothing but a ponzi site to me. It doesn't have any difference at all with the ponzi sites that use bitcoin as payment.

Still, the price increase in bitcoin is still much much better for investment. You can pull out your money right away and you'll maybe lose a couple of bucks.
sr. member
Activity: 532
Merit: 250
April 24, 2017, 09:04:03 AM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.
Thats right, and this is the most important thing about the cryptocurrencies, they have became more known because of the price and volume increase, but if it would not happen, then probably nobody would use bitcoin, exactly as you said.

Many people are being attracted to bitcoin thanks to that it provides hundreds, if not thousands of opportunities for a normal person who is not really wealthy, but who can afford to make up some investments. The point is, that with normal scenario, without the usage of cryptocurrencies, such a person could have only invest in some legit programmes that may give 3-5% return daily, if we are talking about the passive income.
sr. member
Activity: 319
Merit: 250
April 24, 2017, 08:57:46 AM
I think people are waiting for a high price to happen, maybe the price will be important when it's starting to go up, or down very quickly. Well, a lot of people are paying attention to the price at that time, because maybe it will determine the profit and loss of a bitcoin holder.

Yeah either you make profits or loss will depend on what price you buy or sell your bitcoins and all the users of bitcoins keeps active watch on the price movements of bitcoins so they can decide whether to buy or sell their coins so price really matters in bitcoins.
sr. member
Activity: 882
Merit: 282
April 23, 2017, 02:25:30 PM
The price matter because it what determine the value, how will you value a thing when you don't know the price. The price of bitcoin is currently $1238 that is the reason why volume of buyers is greater than seller that is what determined it pricing.
hero member
Activity: 1624
Merit: 500
April 23, 2017, 02:07:12 PM
I think people are waiting for a high price to happen, maybe the price will be important when it's starting to go up, or down very quickly. Well, a lot of people are paying attention to the price at that time, because maybe it will determine the profit and loss of a bitcoin holder.
legendary
Activity: 2912
Merit: 1068
WOLF.BET - Provably Fair Crypto Casino
April 23, 2017, 01:51:26 PM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.

Exactly. Let's.be honest, how much people would care for Bitcoins if the price wasn't so high? Not many, except few enthusiasts. Because of the price Bitcoin has become mass attraction, because of the price they see their chance to profit and have better future. So, it's prety obvious that for many Bitcoin users price is very, very important.
hero member
Activity: 1036
Merit: 500
April 23, 2017, 01:05:31 PM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.
sr. member
Activity: 1330
Merit: 257
DGbet.fun - Crypto Sportsbook
April 23, 2017, 12:13:54 PM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.
newbie
Activity: 42
Merit: 0
April 23, 2017, 12:07:39 PM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper
sr. member
Activity: 859
Merit: 251
April 23, 2017, 11:39:40 AM
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.
hero member
Activity: 868
Merit: 500
April 23, 2017, 11:29:39 AM
Well if you wanna to invest online and you are using bitcoin as payment processor from all the work, sure it will make a huge difference if you pay 0,1 or if you pay 0,09, looks a small ammount but for who is into the online markets does know feel the difference, and able to spend the extra bitcoin into something else.
sr. member
Activity: 336
Merit: 250
April 23, 2017, 10:49:08 AM
Bitcoin is popular because of its price. Its volatility attracts investors and traders which invites more and more people. I believe it is the price of bitcoin which keeps it running.
The price of bitcoin is always increase many times and more investors trying to see about the potentially by bitcoin itself. More people interested for buying bitcoin.
Well, many people are interested in buying bitcoin, but they are waiting for the price they think that the price is affordable, so they always pay attention to the price. I am currently also doing price monitoring. When bitcoin prices go down, maybe very many people will buy it.

when the price is down, then its mean we can buy bitcoin with lower price and keep for a while. its good if we can watch the price and monitoring in hourly so we can see in how much we can buy or sell our bitcoin to make profit. but be careful when we see the down price and we should not panic and stay calm.

People who have spent enough time with bitcoins will never get panic even if price goes down and in fact in that case they will prefer to buy as many coins as possible as everyone is aware that the price of bitcoin will surely go higher in future.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
April 23, 2017, 09:31:17 AM
Bitcoin is popular because of its price. Its volatility attracts investors and traders which invites more and more people. I believe it is the price of bitcoin which keeps it running.
The price of bitcoin is always increase many times and more investors trying to see about the potentially by bitcoin itself. More people interested for buying bitcoin.
Well, many people are interested in buying bitcoin, but they are waiting for the price they think that the price is affordable, so they always pay attention to the price. I am currently also doing price monitoring. When bitcoin prices go down, maybe very many people will buy it.

when the price is down, then its mean we can buy bitcoin with lower price and keep for a while. its good if we can watch the price and monitoring in hourly so we can see in how much we can buy or sell our bitcoin to make profit. but be careful when we see the down price and we should not panic and stay calm.
legendary
Activity: 1218
Merit: 1000
April 23, 2017, 09:20:26 AM
Bitcoin is popular because of its price. Its volatility attracts investors and traders which invites more and more people. I believe it is the price of bitcoin which keeps it running.
The price of bitcoin is always increase many times and more investors trying to see about the potentially by bitcoin itself. More people interested for buying bitcoin.
Well, many people are interested in buying bitcoin, but they are waiting for the price they think that the price is affordable, so they always pay attention to the price. I am currently also doing price monitoring. When bitcoin prices go down, maybe very many people will buy it.
legendary
Activity: 3486
Merit: 1280
English ⬄ Russian Translation Services
April 23, 2017, 09:10:17 AM
the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use. To gain value bitcoin has to be pegged to fiat money otherwise it is useless. The Bitcoin's ecosystem doesn't complete yet. So you have to convert BTC to fiat to spend them!

That's not uncommon to see people claim something like this

But now that the USD withdrawals are suspended at Bitfinex and at a few smaller exchanges at that, we will actually see if the price of Bitcoin really "has to be pegged to fiat money" and whether otherwise it will be useless. So far Bitcoin has only gained in value, not declined as what should have happened according to this logic after having been effectively decoupled from the US dollar at the (one of the) biggest exchange(s). We see interest rates for the dollar wiping the floor, and them skyrocketing for Bitcoin
newbie
Activity: 9
Merit: 0
April 23, 2017, 04:34:22 AM
the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use. To gain value bitcoin has to be pegged to fiat money otherwise it is useless. The Bitcoin's ecosystem doesn't complete yet. So you have to convert BTC to fiat to spend them!
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