Topic: Does the Price of Bitcoin Matter? - page 63. (Read 304502 times)
Yes, the more it gets high the more it creates influence and interest to young teens to start in small business or entrepreneurship. People becomes eager to be part of bitcoin industry because as long as you have access to social networking you can be involved to a small transaction that gives you a start of average earning then sooner becomes a bigger one.
What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.
Well said. Even me only got interested in Bitcoin because the price is high and 1 Bitcoin if you convert it to fiat you can buy a lot of things with just one. The adoption greatly increased because of its popularity, and it's popularity bloom because of its high value. Even in the third world countries Bitcoin has becoming well known. Slowly people are adapting to it and aware of its potential to grow and it's threatening power to fiat money.
Why do people invest to something and willing to risk big amount of money??
Answer: value
Of course many investors are chasing to collect Bitcoin because it is almost as good as gold when it comes to store of value and increase of value through time, like you said when Bitcoin losses its value, many investors will go away.
The price always matter in everything especially with it comes to these things ( fiat, cryptocurrencies, oil, gold ). Without these prices these things will be just like nothing and feel like we're just chasing a ghost.
Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
yeah I do agree with what you say there. It is obvious that the higher the prices, the more people enjoy using Bitcoin. Not only investors but also casual people will pay attention to this potential coin. The instability in the prices can draw many positive effects both when it increases and when it drops In addition, ordinary people also begin to be interested in bitcoins, when its price is high
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
The price of bitcoin isn't important that much because of the price increase of altcoins? There's not that much correlation on that unless altcoins are already based on other cryptocurrency. For example, even if ETH becomes 1BTC each, the price of bitcoin will matter because that's your way to cash it out in fiat. At the end of the day, all altcoins still rely on the price of bitcoin because no altcoin can be cashed out directly to fiat. And even when there's an option for altcoins to be cashed out directly to fiat. It will still convert from CoinX >> BTCBTCBTC >> $$$
This is nowhere near the case in real life
I advise you to visit any one of major exchange out there (e.g. Btc-e or Bitfinex) to check the reality for yourself. Major altocoins (like Litecoin or Ethereum) are traded against fiat, i.e. you can always sell or buy such coins for or with fiat directly. They are traded the US dollar obviously plus some local currency in most cases. Apart from that, if these altcoins depended on Bitcoin, their price (in fiat terms) would be moving along with the price of Bitcoin, but this is again nowhere near the case. It could be claimed that their prices rather depend on the dollar value, not Bitcoin. For example, if Bitcoin soars or crashes, these altcoins typically preserve their value against the American dollar or just move entirely along their own path, which pretty much proves they are independent of Bitcoin
Bitcoin will always be in the scene
This doesn't mean that altcoins are depending on it
Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
yeah I do agree with what you say there. It is obvious that the higher the prices, the more people enjoy using Bitcoin. Not only investors but also casual people will pay attention to this potential coin. The instability in the prices can draw many positive effects both when it increases and when it drops In addition, ordinary people also begin to be interested in bitcoins, when its price is high
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
The price of bitcoin isn't important that much because of the price increase of altcoins? There's not that much correlation on that unless altcoins are already based on other cryptocurrency. For example, even if ETH becomes 1BTC each, the price of bitcoin will matter because that's your way to cash it out in fiat. At the end of the day, all altcoins still rely on the price of bitcoin because no altcoin can be cashed out directly to fiat. And even when there's an option for altcoins to be cashed out directly to fiat. It will still convert from CoinX >> BTCBTCBTC >> $$$
Bitcoin will always be in the scene.
What I mean is that its all about profit this time. If we get to invest on some altcoins that suddenly being pumped while the price of bitcoin is dropping, it still doesn't matter whether the price is high or not since the price of altcoin still is base on the price of btc. IF 1 ETH is going to rise up to 1 btc, then sure whatever the price of eth is will still be base on btc. if ETH is going to be 5000USD each and lets say bitcoin still is 1100 USD then your eth is worth 4.5BTC. Nothing is changed still.
Hmm. ETH is not based on USD, it's based on BTC. So your ETH is worth 5000USD because 1 ETH = 4.5BTC not ETH is worth 4.5BTC because ETH = 5000USD. That's my point the whole time.
Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
yeah I do agree with what you say there. It is obvious that the higher the prices, the more people enjoy using Bitcoin. Not only investors but also casual people will pay attention to this potential coin. The instability in the prices can draw many positive effects both when it increases and when it drops In addition, ordinary people also begin to be interested in bitcoins, when its price is high
I bet that the "people" you were referring in this are those that already have bitcoins. Any increase in price is celebrated by us but definitely not the people that don't know what bitcoin is. The people that are just about to invest in bitcoins will think that he's too late because the price has already grown. That means that tons of people have already invested and he might not earn as much as the early investors.
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
The price of bitcoin isn't important that much because of the price increase of altcoins? There's not that much correlation on that unless altcoins are already based on other cryptocurrency. For example, even if ETH becomes 1BTC each, the price of bitcoin will matter because that's your way to cash it out in fiat. At the end of the day, all altcoins still rely on the price of bitcoin because no altcoin can be cashed out directly to fiat. And even when there's an option for altcoins to be cashed out directly to fiat. It will still convert from CoinX >> BTCBTCBTC >> $$$
Bitcoin will always be in the scene.
What I mean is that its all about profit this time. If we get to invest on some altcoins that suddenly being pumped while the price of bitcoin is dropping, it still doesn't matter whether the price is high or not since the price of altcoin still is base on the price of btc. IF 1 ETH is going to rise up to 1 btc, then sure whatever the price of eth is will still be base on btc. if ETH is going to be 5000USD each and lets say bitcoin still is 1100 USD then your eth is worth 4.5BTC. Nothing is changed still.
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
The price of bitcoin isn't important that much because of the price increase of altcoins? There's not that much correlation on that unless altcoins are already based on other cryptocurrency. For example, even if ETH becomes 1BTC each, the price of bitcoin will matter because that's your way to cash it out in fiat. At the end of the day, all altcoins still rely on the price of bitcoin because no altcoin can be cashed out directly to fiat. And even when there's an option for altcoins to be cashed out directly to fiat. It will still convert from CoinX >> BTCBTCBTC >> $$$
Bitcoin will always be in the scene.
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
What are saying that Bitcoin right now has lost its shine. In my point of view even if Bitcoin existed in many years it is still on the growth stage which means it is still growing everyday. The proof is the rest of the world still has to know Bitcoin because right now only a few know about what Bitcoin is. If the time comes the demand will greatly follow. I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
Any fluctuation in price attracts attention. For investors, price is very important. Similarly, it is of great importance for traders.
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
In addition, ordinary people also begin to be interested in bitcoins, when its price is high
Now that the price of some altcoins we been hoping to rise are gradually making it up, I guess I could say BTC price isn't as important as it was before. But still we ned BTC to have a good value because most of the remittance center only sees bitcoin to be valuable in the crypto world.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
I've chat with some support of these remittance center and asked whether they can add ETH and DASH on their list and they replied nothing to it. He wasn't aware of the existence of these coins too. so in order to cash out, BTC still has to stand out.
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
Those who are involve in Bitcoin, price is very important because in every satoshi in btc it is useful to get much money. In our bitcoin trading the increasing and decreasing of the exchanges between dollar and btc is important in user. If you have a bitcoin you want is to changes for local currency but with the higher value. So that, importance of price is very important in trading from btc to dolar to earn more money.Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
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
Bitcoin price now really matter, anybody if they see bitcoin is getting higher for many of the bitcoin community will more get interest into it. and besides, even in the other trading platform once there is a motion in the price the traders will also get react on it because it really matters for the traders. Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU
a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.For me bitcoin price really matter not for only one user but for all who are really invested in bitcoin. For those who holds bitcoin because we believe its price will rise again as the price now has fallen. So bitcoin price really matters as this is the reasons why others attract to bitcoin.
It does really matter because we are not going to stay here if the price of bitcoin is very low or it doesn't have value at all. But because the price is very high and good to consider we are here and keep on hoping that the price is going to be higher because we do believe that all of us will become rich because of bitcoin.
I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
That is the terms of the investor certainly they wait and hold their bitcoin because they wanted to wait for a higher price so they can make profits. the price is very important hereYes, I agree with you, price do matter that is why people are holding coin for long because they totally wait for big peak value per coin. More you hold, more are the chances that the price will increase further and therefore people tends to save it to get lots of profit.
I think at the moment most people use Bitcoin as a way of storing value, so I think that for most people it matters because nobody wants to see their own holdings falling in price.
That is the terms of the investor certainly they wait and hold their bitcoin because they wanted to wait for a higher price so they can make profits. the price is very important hereYes, I agree with you, price do matter that is why people are holding coin for long because they totally wait for big peak value per coin. More you hold, more are the chances that the price will increase further and therefore people tends to save it to get lots of profit.
a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.
a higher price attracts attention and convinces people that bitcoin is valuable. the psychological effect brings in more capital and higher adoption.
It does really matter thats why many are investing with bitcoin because of the opportunity to earn if they put their assets on it. buy when low then sell when it goes up thats how it is. adoption will likely not growing if the price of btc is stable.Jump to: