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Topic: Does the Price of Bitcoin Matter? - page 58. (Read 304502 times)

full member
Activity: 238
Merit: 100
April 18, 2017, 02:39:40 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.
legendary
Activity: 1218
Merit: 1000
April 18, 2017, 01:41:31 AM
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.
you are right. bitcoin growth is happening today makes the price of bitcoin it becomes very important, even before this. people tend to pay attention to the price. Well, the current price of bitcoin really high, so, I think the current price of bitcoin important point for profit.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 18, 2017, 01:27:24 AM
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 it is because of the price alone, it is due to a good system of bitcoin and people are seeing its usefulness.
Price can be manipulated and we can have that price anytime we want but we do not want it temporary right?
A price that is stable is good for us as that is a complete representation that progress are going on.
Good system is not enough for people to be attracted in bitcoin, so i think he is right that it is all about the price because any expensive price of a thing catches anybody's attention and because of that bitcoin gain more popularity because people are now interested in bitcoin and because of their interest, bitcoin is gaining a lot of users and now the price is keep going up because of the demand that has been made by its popularity.
hero member
Activity: 2954
Merit: 672
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April 18, 2017, 01:16:21 AM
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 it is because of the price alone, it is due to a good system of bitcoin and people are seeing its usefulness.
Price can be manipulated and we can have that price anytime we want but we do not want it temporary right?
A price that is stable is good for us as that is a complete representation that progress are going on.
hero member
Activity: 560
Merit: 500
April 17, 2017, 10:03:16 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.
hero member
Activity: 1008
Merit: 501
April 17, 2017, 07:57:33 PM
People generally tend to buy or sell their coins looking at its price as they will only sell when price is higher and will buy if price goes down so price really matters in bitcoin and in fact it is the most important factor that attracts people towards bitcoins.
all users will see the price before they joined in bitcoin as well as selling and buying. the price will be very important here. That's why the price becomes the most important unit in bitcoin
sr. member
Activity: 532
Merit: 280
April 17, 2017, 07:45:12 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.
sr. member
Activity: 1484
Merit: 276
April 17, 2017, 07:20:57 PM
Yes ofcourse.Its bitcoins price who is holding the most popularity bitcoin has.Bitcoin would not be this popular if its pricing was a shit,bitcoins popularity is due to its price and how it rise up.So for me bitcoins price really do matter in any aspects bitcoins has
sr. member
Activity: 440
Merit: 250
April 17, 2017, 06:59:35 PM
of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.
yes that is right to say currently people are mostly depending on bitcoin for trading and investment therefore for them the price of bitcoin keep too much importance. i think the price of bitcoin is also too much important for those people who are using bitcoin for shopping.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 17, 2017, 05:15:30 PM
It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.

Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature.  I agree that Bitcoin is destined to go up in price due to this things.  Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000.

And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped.
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.

Yes, I believe in them because they want to make this currency as good as we are expecting so that there's no more complain about it in the near future. And each day, there are movement about it's problems and it is being solved a little by little. So for all of you guys that holds a lot, just keep on holding as the price will increase soon.
newbie
Activity: 46
Merit: 0
April 17, 2017, 03:21:35 PM
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

If the price goes that high then I don't think that people would  be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins.

Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain
I don't get what you are pointing out ApplePanPine because the last time I checked the number of stores / online stores that accept Bitcoin is still limited even though Bitcoin is priced at 1200$ per Bitcoin. The point im getting at is that even though the price goes high up it does not mean that it will be instantly accepted anywhere. To prove it, the fact that Bitcoin is more expensive than any fiat currency out there but I am not seeing yet any physical store that is willing to accept it. And also they are right of converting their Bitcoin to Fiat because as of the moment Fiat currency is widely more accepted than Bitcoin.

Agree with you. In my country, it is almost impossible to use bitcoin. There are no stores that take bitcoin. It is very uncomfortable. But I hope that bitcoin will become more popular and develop infrastructure
hero member
Activity: 1806
Merit: 672
April 17, 2017, 12:31:23 PM
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

If the price goes that high then I don't think that people would  be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins.

Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain
I don't get what you are pointing out ApplePanPine because the last time I checked the number of stores / online stores that accept Bitcoin is still limited even though Bitcoin is priced at 1200$ per Bitcoin. The point im getting at is that even though the price goes high up it does not mean that it will be instantly accepted anywhere. To prove it, the fact that Bitcoin is more expensive than any fiat currency out there but I am not seeing yet any physical store that is willing to accept it. And also they are right of converting their Bitcoin to Fiat because as of the moment Fiat currency is widely more accepted than Bitcoin.
newbie
Activity: 34
Merit: 0
April 17, 2017, 12:24:31 PM
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

If the price goes that high then I don't think that people would  be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins.

Why go to Fiat? If the cost of bitcoin is very high, then the infrastructure will start to develop much faster. We will be able to buy everything using bitcoin. Fiat will be outside this chain
hero member
Activity: 752
Merit: 500
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April 17, 2017, 11:57:53 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

If the price goes that high then I don't think that people would  be worried about the fees and will be willing to pay even higher fees as they will start selling their coins and will convert to fiat as that is the only choice people have to spend their bitcoins.
hero member
Activity: 1568
Merit: 511
April 17, 2017, 10:29:58 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
hero member
Activity: 688
Merit: 500
April 17, 2017, 10:28:05 AM
People generally tend to buy or sell their coins looking at its price as they will only sell when price is higher and will buy if price goes down so price really matters in bitcoin and in fact it is the most important factor that attracts people towards bitcoins.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
April 16, 2017, 11:24:04 PM
It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.

Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature.  I agree that Bitcoin is destined to go up in price due to this things.  Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000.

And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped.
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.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
April 16, 2017, 06:03:04 PM
It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.

Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature.  I agree that Bitcoin is destined to go up in price due to this things.  Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000.

And with what you had said that's the same thing that what will Japan do, they are going to adopt bitcoin and regulate it. So we will see the price to increase once it was already good to go. And I hope every issue and problem that bitcoin has will be fixed immediately so that those fud that are being spread will be stopped.
hero member
Activity: 837
Merit: 500
April 16, 2017, 05:54:36 PM
It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.

Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature.  I agree that Bitcoin is destined to go up in price due to this things.  Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000.

Soon we might not even noticed that this value is already reached. Bitcoin value determines how it is being adapt by many , its increasing value shows that gathers number of users that are doing transactions related in bitcoin. I never expect its value now to go this high since I started using bitcoin its value was just half of its value now.
sr. member
Activity: 1190
Merit: 253
April 16, 2017, 05:46:58 PM
It will definitely going to keep on growing and it's direction is literally to go up higher. We can see the fast movement of bitcoins price with the figure that you had given. And now there are people that are speculating that it can make it up to $2,000 maybe for this year or if not, that can possibly happen for next year.

Things that will increase Bitcoin price will be adoption, technological advancement, government recognition and the deflationary feature.  I agree that Bitcoin is destined to go up in price due to this things.  Once the scalibility is fixed, there is no stopping Bitcoin to reach $3000.
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