Does the Price of Bitcoin Matter? - page 65.

megynacuna

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Quote from: sherlock_h on March 19, 2017, 04:04:27 PM

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.

It's very true if you doubt the future of Bitcoin but to the diehard crypto enthusiast the current price doesn't matter but the value matters in every sense going into the future.

batang_bitcoin

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Quote from: sherlock_h on March 19, 2017, 04:04:27 PM

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.

Yes that's why price of bitcoin does really matter. And holding is popular because all of us are doing it and if you got a lot of bitcoins on your cold storage, the price will tell you how much you are going to earn. It is why more and more people are getting to bitcoin because of it's rapid increasing price but opposite of it there's also the rapid price drop which matters to all of us.

sandor111

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Quote from: BitcoinMarshal on March 19, 2017, 03:59:42 PM

Price of bitcoin is serious matter for me as its going low I have to work more and if its going up then I have some good time for selling most of investors need to have some good profit just because of this they also have eye of this and its price is very serious matter for them

Yes bitcoin is serious matter for most of us and I would suggest you to wait for few more days and you will notice the rise in the value of bitcoin as we are already aware that this price dump is only permanent thing and bitcoin will recover and come back stronger just like it has proved in the past i would request you not to sell the bitcoin now at less price.

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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.

BitcoinMarshal

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Price of bitcoin is serious matter for me as its going low I have to work more and if its going up then I have some good time for selling most of investors need to have some good profit just because of this they also have eye of this and its price is very serious matter for them

Gufeng

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Quote from: Alfa123 on March 19, 2017, 02:14:46 PM

Quote from: ?? on ??

Quote from: Paid Piper on March 19, 2017, 01:42:31 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

yes that is right to say that the price of bitcoin play an important role, as if the price of bitcoin is increasing continuously then more and more people are going to accept bitcoin.

The future of bitcoin will depend on what price it will hold in future and if price is higher then it will attract many people towards it and if price goes too low then there will be many people who will prefer to quit bitcoins and move to some other investments.

yes, I agree with you. The price is of great importance. And many investors believe that the price will grow. That's why bitcoin is interesting for them. If the price of bitcoin ceases to grow, then it will lose many users

Everything depends on the price of bitcoins as a user of bitcoin I will always have an close watch on its price and depend on it I make decision whether to buy them sell them or simply hold them so I think price is the major factor in bitcoins.

Alfa123

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Quote from: ?? on ??

Quote from: Paid Piper on March 19, 2017, 01:42:31 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

yes that is right to say that the price of bitcoin play an important role, as if the price of bitcoin is increasing continuously then more and more people are going to accept bitcoin.

The future of bitcoin will depend on what price it will hold in future and if price is higher then it will attract many people towards it and if price goes too low then there will be many people who will prefer to quit bitcoins and move to some other investments.

yes, I agree with you. The price is of great importance. And many investors believe that the price will grow. That's why bitcoin is interesting for them. If the price of bitcoin ceases to grow, then it will lose many users

Paid Piper

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Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

yes that is right to say that the price of bitcoin play an important role, as if the price of bitcoin is increasing continuously then more and more people are going to accept bitcoin.

Kabul

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Quote from: Sidtamfia on March 19, 2017, 03:05:33 AM

Quote from: v1ryspro on March 03, 2017, 01:42:04 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

If the price is very low, people will not be interested in it and it will die like many other altcoins.

there are many coins which have low prices but people are still interested in use and develop. Such as Ethereum. The price of Bitcoin, however, is very important since it can easily attract other people and investors to pay attention to this potential currency. Yesterday, the price drop and it caused a lot of troubles to us and investors

Mikellev

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Quote from: Sidtamfia on March 19, 2017, 03:05:33 AM

Quote from: v1ryspro on March 03, 2017, 01:42:04 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

If the price is very low, people will not be interested in it and it will die like many other altcoins.

Price of bitcoin matters to the people who trade often, for the person who just want to earn and fulfill his needs it doesn't matter to them much. because we know if the price goes down again it will raise back. for the people who regularly trade it matters to them more.

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Quote from: Sidtamfia on March 19, 2017, 03:05:33 AM

Quote from: v1ryspro on March 03, 2017, 01:42:04 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

If the price is very low, people will not be interested in it and it will die like many other altcoins.

I think with the hardfork on the way and it will give next lower price for the bitcoin itself. But it will be so far from the die for the bitcoin.

Xester

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Quote from: ZlaiaZaia on March 04, 2017, 12:04:40 AM

Quote from: deisik on March 02, 2017, 01:51:48 PM

Quote from: TheUltraElite on March 02, 2017, 11:45:23 AM

Quote from: SirPol85 on March 01, 2017, 11:50:32 PM

I do not believe in steady growth in bitcoin. Every time we observe unreasonable price hikes on cryptocurrency and practical reasons for the decline is nowhere in sight.

Steady growth in any commodity in the real life occurs in the long term and not short term ups and downs. Similar in bitcoin, if you have checked the yearly charts and graphs you may have already noticed that.

There is nothing unreasonable in price hikes. Its not like petrol price which get hiked every now and then in our country. It depends on the demand/supply ratio

You basically refute your own claim yourself

Crude oil is one of the most important commodities in our life (think of gasoline here), and some people even call it the blood of the economy. But its price (as you yourself say) is far from either stable or steadily growing. It is essentially the same with any other traded commodity out there, not just oil. The prices of these commodores are not in the least set to grow (or just remain stable, for the record). If you take gold, for example, it made its highs in late 2011 (i.e. over 5 years ago), but now it's trading at only two thirds of its former fame (in dollars, obviously)

Quote from: MONKEYJUNK on March 02, 2017, 01:44:34 PM

Bitcoin sky rocketing like a spacial bus

Let's hope that it won't crash like a meteor

Would have the background to this, the bitcoin users contrary decreased, but not increased. So we hope that bitcoin and a meteor will differ dramatically. Only in the last few months, the price has doubled. I think it's a good indicator.

Bitcoin users have decreased dramatically due to the problems within the bitcoin network. Many have panicked as there are no consensus and debate is still going on and recently bitcoin was split into like ethereum. Due to this many bitcoin holders have shifted into dash and ethereum ans you will notice its price hype going up fast. But later when segwit will take over the bitcoin network those users will sell their eth and DASH to return to bitcoin.

Sidtamfia

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Quote from: v1ryspro on March 03, 2017, 01:42:04 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

If the price is very low, people will not be interested in it and it will die like many other altcoins.

ZlaiaZaia

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Quote from: deisik on March 02, 2017, 01:51:48 PM

Quote from: TheUltraElite on March 02, 2017, 11:45:23 AM

Quote from: SirPol85 on March 01, 2017, 11:50:32 PM

I do not believe in steady growth in bitcoin. Every time we observe unreasonable price hikes on cryptocurrency and practical reasons for the decline is nowhere in sight.

Steady growth in any commodity in the real life occurs in the long term and not short term ups and downs. Similar in bitcoin, if you have checked the yearly charts and graphs you may have already noticed that.

There is nothing unreasonable in price hikes. Its not like petrol price which get hiked every now and then in our country. It depends on the demand/supply ratio

You basically refute your own claim yourself

Crude oil is one of the most important commodities in our life (think of gasoline here), and some people even call it the blood of the economy. But its price (as you yourself say) is far from either stable or steadily growing. It is essentially the same with any other traded commodity out there, not just oil. The prices of these commodores are not in the least set to grow (or just remain stable, for the record). If you take gold, for example, it made its highs in late 2011 (i.e. over 5 years ago), but now it's trading at only two thirds of its former fame (in dollars, obviously)

Quote from: MONKEYJUNK on March 02, 2017, 01:44:34 PM

Bitcoin sky rocketing like a spacial bus

Let's hope that it won't crash like a meteor

Would have the background to this, the bitcoin users contrary decreased, but not increased. So we hope that bitcoin and a meteor will differ dramatically. Only in the last few months, the price has doubled. I think it's a good indicator.

PancherBitCoin

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Quote from: v1ryspro on March 03, 2017, 01:42:04 PM

Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

In traditional markets, price differences of the same asset in different stock exchanges called market failure that is very quickly offset by arbitrage transactions traders. If you look at popular sites like BTC-E, Bitfinex Bitstamp and the difference in the price of Bitcoin there often ranges from 2%. And that if there is no interference or problems.

v1ryspro

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Quote from: MMA on March 03, 2017, 12:14:43 PM

Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

The price of Bitcoin is important for traders and investors. They constantly monitor the changes in order to analyze and make decisions

MMA

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Quote from: Vikingr on March 02, 2017, 02:41:02 PM

Quote from: Mirardowyn on March 01, 2017, 11:46:18 AM

Yes and no
Yes because if you have made an investment in Bitcoin you do want to make profit from it.
No because if you use the bitcoin for things like gambling the price doesn't really matter.

The price of it still matter if you use bitcoin for things like gambling and shopping because the price of any thing depend on its value not bounded with the fix amount of bitcoin so it the price of bitcoin will increase then we will have to pay lower to get that thing.

yes i also agree that the price of bitcoin matter. as when the price of bitcoin is increasing more and more people are entering in the world of bitcoin and their trust on bitcoin is continuously building which attract more and more people in to the world of bitcoin.

Betwrong

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Quote from: azguard on March 03, 2017, 03:26:56 AM

Price matters. Why? We have witness for the first time that bitcoin price is bigger then gold price or that bitcoin is worth more then physical gold. Even big papers and stock markets are saying that bitcoin is new gold. They all compare it like this Bitcoin (gold 2.0) is now worth more than an ounce of gold (gold 1.0).

Is this influence of ETF that need to approved in following weeks or just that bitcoin has reaching his true value, time will tell.

Good words, mate. If only all the people knew that Bitcoin is indeed the gold 2.0 of today that would be a win-win situation fro everyone.

The true value of Bitcoin is far from being reached these days. Most people still don't know what it is. Well I myself still don't know what Bitcoin is, but I mean they know absolutely nothing about it and thus they can't adopt it.

azguard

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Price matters. Why? We have witness for the first time that bitcoin price is bigger then gold price or that bitcoin is worth more then physical gold. Even big papers and stock markets are saying that bitcoin is new gold. They all compare it like this Bitcoin (gold 2.0) is now worth more than an ounce of gold (gold 1.0).

Is this influence of ETF that need to approved in following weeks or just that bitcoin has reaching his true value, time will tell.

(altair)

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Quote from: mornabo on March 02, 2017, 07:26:06 PM

Quote from: TravisNeko on March 02, 2017, 04:59:44 AM

It does and doesn't.
It does when you are going to invest in the bitcoin.
It doesn't if you are making a transaction or if you're going to gamble with your Bitcoin.

Lol I think if bitcoin has no price you certainly will not be able to gamble using bitcoin. I think whatever you do use bitcoin
price or rate becomes the most important thing

Well it does specially for those who are using it,
I mean we are all watching the price as it goes up and down and we all want to sell of our coin when the price go high

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