Does the Price of Bitcoin Matter? - page 57.

Natalim

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Quote from: Gumpfire on April 18, 2017, 10:54:58 PM

Quote from: Farcoin12 on April 18, 2017, 09:55:02 PM

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

it does matter specially for people who have a lot of money in bitcoin since a small movement in market could affect largely in their balance.

Investors hold bitcoins and if they will not sell it in short term I guess they will be happy to hold it, we have seen the trend and
the price of bitcoin is increasing. I believe when you invest a big amount, you are confident with bitcoin already and the price movement
is not a problem to you.

Viscore

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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.

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Quote from: bitllionaire on April 19, 2017, 04:27:13 PM

Quote from: batang_bitcoin on April 18, 2017, 09:39:17 PM

Quote from: Jonny_DD on April 18, 2017, 03:41:30 AM

I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet

This is what I've been when I wake up after praying thanking God. I use to check the price of bitcoin and that really matters to me. Because we are all here because of it. And if ever the price is becoming at low rate, I'm sure that many of us becoming upset. But when the price is getting up again, that is giving us joy.

i think yes the price of bitcoin is important for all kind of people as in present time most of the people either they are traders or investors they are totally depending on the price of bitcoin as if the price of bitcoin will go high they will show more and more interest in bitcoin, but if the price will come down then their interest will also becoming less, so the price of bitcoin really matter for them.

And we are not going to very conscious with the price of bitcoin if the price is not that good. But we are very conscious because that is what matters for all of us. We are all here because of the price of bitcoin and if the price is high that is all beneficial to all of us upon selling and if the price is low still that's beneficial for buying.

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Does the Price of Bitcoin Matter? It depends. For investors or holders it is clear that it does matter. In terms of adoption of bitcoin I think that stability is more important than the price, perhaps it does not matter so much if the price is higher or lower and it matters more that the price has a stability without big shakes. Businesses can always protect themselves from volatility with an API that makes the exchange from bitcoin to fiat instantly but stability allows other applications such as, for example, being able to travel to foreign countries changing local currency in the country of origin to bitcoin to then do the Exchange in reverse in the country of destination without the fear that between a moment and the other occur a sudden drop in the price of bitcoin and you lose money.

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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.

bitllionaire

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Quote from: batang_bitcoin on April 18, 2017, 09:39:17 PM

Quote from: Jonny_DD on April 18, 2017, 03:41:30 AM

I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet

This is what I've been when I wake up after praying thanking God. I use to check the price of bitcoin and that really matters to me. Because we are all here because of it. And if ever the price is becoming at low rate, I'm sure that many of us becoming upset. But when the price is getting up again, that is giving us joy.

i think yes the price of bitcoin is important for all kind of people as in present time most of the people either they are traders or investors they are totally depending on the price of bitcoin as if the price of bitcoin will go high they will show more and more interest in bitcoin, but if the price will come down then their interest will also becoming less, so the price of bitcoin really matter for them.

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Quote from: Hatuferu on April 18, 2017, 12:02:20 PM

Quote from: Ayiranorea on April 18, 2017, 11:58:41 AM

Quote from: puremage111 on April 17, 2017, 11:29:58 AM

yeap it affect alot

even the mandatory function of itself is the fee

If it hit $10,000 per bitcoin, the fee will be huge

At that price tag people won't feel that the transaction fee is quite high. Everyone needs to understand that depending on the price growth the transaction fee to varies. Importantly the price is one among the major factor that easily attract the users.

Whatever price we see, that is the complete representation of how people supported bitcoin, if the price is good that means there is a good
support as they are creating demand. The market is still not that stable that is why we see price volatility but we have to live with it.

yes that is right, people are revolving around bitcoin price, the trader the investors even those people who are spending bitcoins have concern with bitcoin, the price of bitcoin is really matter for them, and specially for traders and investors they are totally depending on the price of bitcoin, as the investors are holding bitcoins for long times and if the price goes up so they can get good profit after some time.

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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.

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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.

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Quote from: Gumpfire on April 18, 2017, 10:54:58 PM

Quote from: Farcoin12 on April 18, 2017, 09:55:02 PM

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

it does matter specially for people who have a lot of money in bitcoin since a small movement in market could affect largely in their balance.

Exactly, thats why it matter most, single movement of bitcoin value some were shaken, maybe its small but it matters. Most of us awaits for that to see how the value rises up and falls down. So it really matters. Most people see the bitcoin current price daily as they are interested to see how price is moving up or down.

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Quote from: Nevis on April 17, 2017, 11:03:16 PM

Absoloutely yess.All most well knowned things now is knowned because of its price and its like what bitcoins is.Back in the first date when bitcoin is launched think of it,there are only fewer than 100,000 of people are using bitcoins because its price is shit as crap back then.But now we are sitting in $1200 mark it gains more popularity.And its because of its price.

I don't think so. There are bags out there that are made of animal's skin and some of them are just 10 pieces all over the world. I didn't know that such thing exists, being auctioned off, and costs millions of dollars until our teacher mentioned it in our economics class. We were talking about supply and demand back then. Maybe it was because I wasn't really interested about bags.

It's the same thing to other people. They aren't interested in online money or anything techhy so probably even when the price of bitcoin has increased this much, they still never heard of it. Maybe by the time when the price of bitcoin has sky rocket and then bitcoin goes mainstream, then that's the only time other people will find out about it.

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Quote from: Sled on April 19, 2017, 12:34:32 AM

Quote from: Farcoin12 on April 18, 2017, 09:55:02 PM

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

Yes that is what of the main reason of the new bitcoin users or even the old bitcoin users and investors. Price always matter not only in bitcoin but also in other types of currency whether it is virtual or physical, and also price matter in all of items in our world because if it doesn't have price then it is worthless and no one will have an attention to that.

I believe traders are making good money with the volatility of the crypto currencies, price really matters to them and they want to maintain that volatility so they can always make money. I've seen people who are making millions in crypto, that means we are a big industry and getting bigger.

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Quote from: Farcoin12 on April 18, 2017, 09:55:02 PM

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

Yes that is what of the main reason of the new bitcoin users or even the old bitcoin users and investors. Price always matter not only in bitcoin but also in other types of currency whether it is virtual or physical, and also price matter in all of items in our world because if it doesn't have price then it is worthless and no one will have an attention to that.

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Quote from: Farcoin12 on April 18, 2017, 09:55:02 PM

I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

it does matter specially for people who have a lot of money in bitcoin since a small movement in market could affect largely in their balance.

Farcoin12

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I definitely think that the price of Bitcoin does matter. To be honest, I probably wouldn't be here if the price wasn't high.

batang_bitcoin

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Quote from: Jonny_DD on April 18, 2017, 03:41:30 AM

I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet

This is what I've been when I wake up after praying thanking God. I use to check the price of bitcoin and that really matters to me. Because we are all here because of it. And if ever the price is becoming at low rate, I'm sure that many of us becoming upset. But when the price is getting up again, that is giving us joy.

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Quote from: Ayiranorea on April 18, 2017, 11:58:41 AM

Quote from: puremage111 on April 17, 2017, 11:29:58 AM

yeap it affect alot

even the mandatory function of itself is the fee

If it hit $10,000 per bitcoin, the fee will be huge

At that price tag people won't feel that the transaction fee is quite high. Everyone needs to understand that depending on the price growth the transaction fee to varies. Importantly the price is one among the major factor that easily attract the users.

Whatever price we see, that is the complete representation of how people supported bitcoin, if the price is good that means there is a good
support as they are creating demand. The market is still not that stable that is why we see price volatility but we have to live with it.

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Quote from: puremage111 on April 17, 2017, 11:29:58 AM

yeap it affect alot

even the mandatory function of itself is the fee

If it hit $10,000 per bitcoin, the fee will be huge

At that price tag people won't feel that the transaction fee is quite high. Everyone needs to understand that depending on the price growth the transaction fee to varies. Importantly the price is one among the major factor that easily attract the users.

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Quote from: Oo ako to on April 18, 2017, 03:39:40 AM

People who are totally involved in bitcoins are very keen to know the price of bitcoin on daily basis as they want to make profits out of it. Even the traders have a close watch on the value of bitcoins and as a ordinary users like us we are all very much interested to know the value so that we can sell a part of bitcoins at right time and earn some profits.

You are right about that. Traders or not, we who have interest in bitcoin will also have interest in its price. I think, almost all of the members here joined this forum because they have learned that bitcoin is profitable. The price of bitcoin is very important to us since the profit we are going to earn is based on its price and to be updated with the current news and trends about bitcoin and its price will be help to buy or sell the bitcoin for the right time with large earnings hopefully.

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I think that many members of the bitcoin community begin their day with checking the price of bitcoin. I also do it. And all this suggests that the price is of great importance for everyone who has bitcoin in his wallet

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