Does the Price of Bitcoin Matter? - page 56.

Xenophoto

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Quote from: geegaw on April 22, 2017, 11:51:29 AM

Yes, the price of bitcoin is rising so fast and it makes me worry about it because if the price of bitcoin increases too fast, it will be the actual value of the bitcoin or it is just the virtual value generated by the traders and investors. If this is the actual value of bitcoin, that would be great for those who own bitcoin but if it is virtual, Bitcoin will collapse in the near future. Volatility, this is the thing all traders and investors want but if too much volatility occurs, bitcoin will lose its value and I do not want this to happen

But how does the two differ? Regardless if the price has pumped and the sell/buy orders don't have walls at all, the "virtual" price of bitcoin is the actual price of bitcoin. There's no other way to determine the actual price of bitcoin but to look at the virtual price that you're saying. Regardless of how it was built, it's the price.

Too much volatility is kind of risky so you should always watch the charts. The good thing, though, the volatility itself made the price of bitcoin increase to this point. It's what made us get profit although it can also be the reason why we lose money. It's a double-edged sword.

PokerFace3

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Quote from: Sled on April 17, 2017, 12:24:04 AM

Of course it will be fixed soon because the team behind bitcoin will not allow that the problems will still exist while the adoption are keep coming because it will be a mess for bitcoin to be adopted with same problem. We just need to wait at least a year for bitcoin to be fixed and soon the confirmation time and other transactions will be faster and the fees will become cheaper again.

Keeping the current rate of adoption of bitcoin it is a definite a thing that the bitcoin stakeholders will be doing maybe take a little while longer. But the changes have to be made sooner or later there may be some standards for it which to be followed.

The bitcoin holders are doing their actions of holding bitcoin only because of believing into bitcoin price levels. I believe price will be matter as long as people will be treating bitcoin a store of value.

Teraboy

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Quote from: AK47- on April 22, 2017, 09:57:53 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.

geegaw

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Yes, the price of bitcoin is rising so fast and it makes me worry about it because if the price of bitcoin increases too fast, it will be the actual value of the bitcoin or it is just the virtual value generated by the traders and investors. If this is the actual value of bitcoin, that would be great for those who own bitcoin but if it is virtual, Bitcoin will collapse in the near future. Volatility, this is the thing all traders and investors want but if too much volatility occurs, bitcoin will lose its value and I do not want this to happen

neonshium

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Quote from: AK47- on April 22, 2017, 09:57:53 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.

well. price of bitcoin is really making bitcoin very famous. I cannot disagree with you in this point. but bitcoin have a lot more good things and features within it to attract people and I think every feature of bitcoin equally making bitcoin popular.

1Referee

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Quote from: Teraboy on April 20, 2017, 10:48:00 AM

The price is a main factor for the traders to doing his trade. The price will be give a clue if the coin have big demand. The price of coin is really important for all of the community.

Traders care only about one thing - volatility. It doesn't matter for them if the price sits at the $500 level, or at the $1000 level, they just want to trade the price swings, regardless of what direction they might go. If the price sits at high levels, and it's just moving within a very small range, it won't do anything for traders, unless they are doing high frequency trading with next to zero fees (which depends on the platform they use). Otherwise it's not worth the effort.

ivanpoldark

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Of course the price of Bitcoin matters. If Bitcoin will cost a lot, and the price instantly increasing, it will appeal more investors with real fiat money. But if the price would fall, we can wait again for a long time to have a profit from our coins.

FlightyPouch

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Quote from: AK47- on April 22, 2017, 09:57:53 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.

Most users knew bitcoin beacause it has a great price competing with the Gold's price, some of them is that because bitcoin is a great asset used in trading and also in investing, but I think many users also know bitcoin because of these but also it is because it can be used in gambling. Yes, gamblers do not really care in its price, but most of them want to earn bitcoin so they can also earn money becauaenof it's high price.

AK47-

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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.

Obito

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Quote from: moviebuff777 on April 20, 2017, 10:17:36 AM

For investors and traders, the price matters. Those people rely on price increases or price changes for traders in order to make profits. It may be different for people that accept bitcoins as payment and then covert bitcoins to dollars.

Yes it is, the bitcoin price is really matter especially for traders and investors because if bitcoin has low price or worse it has no value you can't even call it a valuable coin. And yet, if bitcoin has a low price no one would use it as for trading or for investment.

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Quote from: molsewid on April 22, 2017, 09:20:49 AM

Bitcoin price now is really great and if this fall maybe it will become matter to us who holding coins for this long of waiting but if theres an emegergency that i need to conver my bitcoin into fiat maybe bitcoin price don't really matter if its low or not as long i can use that to solve my problem

molsewid

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Bitcoin price now is really great and if this fall maybe it will become matter to us who holding coins for this long of waiting but if theres an emegergency that i need to conver my bitcoin into fiat maybe bitcoin price don't really matter if its low or not as long i can use that to solve my problem <3

NEWGOODOUBLE

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Quote from: SamsungBitcoin on April 17, 2017, 08:45:12 PM

Bitcoin value is always matter, we are here to get profit, and we invest because we want to earn income and our basis on that is the current value.
and also in value we can say if we get income or we get lost.

not only investors who need the price to their advantage for users who use bitcoin currency will also depend on the rate of bitcoin their for transactions

Pejoh Asu

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at first I was also considered problematic because of the bitcoin price I think a lot of the speculators, but after I also join the trading (of course being the speculators) then I consider price bitcoin rise or fall is beneficial.

marcuslong

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Quote from: moviebuff777 on April 20, 2017, 10:17:36 AM

For investors and traders, the price matters. Those people rely on price increases or price changes for traders in order to make profits. It may be different for people that accept bitcoins as payment and then covert bitcoins to dollars.

True they care about the ups and down that happens on bitcoin and there eyes are on the graph of bitcoin whether it will down or up when the price of bitcoin up then they will sell bitcoins. Indian are accepting bitcoins payment or they are looking for bitcoins with +15% of its original price.

Teraboy

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Quote from: karinaA on April 19, 2017, 11:17:27 AM

Quote from: Wintersoldier on April 19, 2017, 11:09:28 AM

Quote from: sherbyspark on May 13, 2015, 11:13:54 AM

There have been endless discussions on this, 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, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.

Yes actually you have a point. The topic of the big deal on price of bitcoin is can discuss on the people who are affected on this topic. And the people who actually need to know the price/value of bitcoin is the one who do transaction and small time business in relate to bitcoin. Because through price they can know the possible earning and loss. Also the trader need to monitor the price of bitcoin especially on decision making where you will choose to sell or hold bitcoin to earn.

Yes, for traders the price is very important. This is the most important factor in his work. Although for investors, the price is important for ordinary holders, too.

The price is a main factor for the traders to doing his trade. The price will be give a clue if the coin have big demand. The price of coin is really important for all of the community.

moviebuff777

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For investors and traders, the price matters. Those people rely on price increases or price changes for traders in order to make profits. It may be different for people that accept bitcoins as payment and then covert bitcoins to dollars.

allthingsluxury

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Realistically, it does matter, because of the effect that it has on the markets mind and the people who trade it, but obviously, if you were to disconnect your emotions, it is all relative when trading day to day, or spending it as a currency. If you are looking to get rich, then yeah, it really matters, as you want your investment to increase in price.

EdenHazard

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Quote from: Viscore on April 19, 2017, 11:18:11 PM

Quote from: nethan1btc on April 19, 2017, 05:39:50 PM

If we talk about bitcoin price, it really matters most to me because profit really depends on the price. Your decision to sell and buy a holdings for a long time can be conditional on every situation. However everytime btc price value always varies of its movement in the market, still people trusted digital currency profit capability, and as I had observed from previous months it shows good performance.

It matters to all of us and that is not debatable, the price is our basis to gauge our decision when to buy and sell, well that is mostly the job for investors and traders but there are people who just don't care how much the price is and they are from the gambling community which sole activity is just to gamble.

not sure it was true , some people really don't care about how much bitcoin price.

because they think the only matter are when you see bitcoin used globally , and then the price will follows , that is really makes sense right? look at the altcoin like dogecoin which have low price but there's still a lot of people use it and develop it right?

Lady Coquet

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Yes the price of bitcoin matters because this the same cases that there many people who uses bitcoin. And some people are very disappointed when the price of bitcoin began to fall. Price always matters that's why there are people do illegal activities because they need money.

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