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Topic: Does the Price of Bitcoin Matter? - page 67. (Read 304502 times)

legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
February 28, 2017, 01:13:19 PM
I am so sure that the price of bitcoin is so important. especially at a time like this. ie times when the price of bitcoin becomes higher. I think people began to buy and hold bitcoin they have to get the right moment to sell bitcoin, bitcoin when the price reaches a high price in accordance with their purpose.
newbie
Activity: 65
Merit: 0
February 28, 2017, 12:46:47 PM
I also think it is irrelevant in terms of attracting more attention or demand. But for me or any investors out there price of Bitcoin matter as it is the main reason why people are investing at it in the first place because of its price action. Even if Bitcoin is priced at 2000$ it will have a little affect on being well known what it needs is support from businesses and governments to make it successful.

When the bitcoin price is high and the market cap is large, more big investment funds will invest in it so the price will be higher.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 28, 2017, 09:56:43 AM
Early last year, too, do such manipulations as well as this year.


What exactly do you mean by manipulations? You believe the market prices are manipulated to make the market look similar as always? I think the pumping of coins is more important to keep prices stable in order to keep up with the demand.

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The price chart is very similar, only with other figures.

I also dont get this point. Price chart is not similar but changes every now and then due to activity of traders.

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So I very much hope for stabilization in the bitcoin market and that our coins will go up in price.

How exactly is that possible looking at the sheer number of traders in the equation? All of them are earning from the market and so the prices will remain unstable though maybe at a smaller margin.
hero member
Activity: 1806
Merit: 672
February 28, 2017, 04:56:20 AM
I also think it is irrelevant in terms of attracting more attention or demand. But for me or any investors out there price of Bitcoin matter as it is the main reason why people are investing at it in the first place because of its price action. Even if Bitcoin is priced at 2000$ it will have a little affect on being well known what it needs is support from businesses and governments to make it successful.
sr. member
Activity: 1316
Merit: 356
February 28, 2017, 01:39:09 AM
Yes, ofcourse. The price of bitcoin is one of the reason why we are still using it. If we back in pass year and we say that the price of bitcoin still the same, I think bitcoin will be down. And its a good news to all bitcoiners when the price is hiking because that is the time to convert it into real money and it has benefits also to all who has saved bitcoin.
hero member
Activity: 1036
Merit: 504
February 28, 2017, 01:10:23 AM
Ofcourse the price point does have some significance, actually a lt of importance, but also what problems the bitcoin blockchain can solve is just as important too. It can fight corruption both in the public and private sectors, thus saving billions if not trillions of dollars, lost every year or stolen by corrupt Individuals and Governments.
sr. member
Activity: 994
Merit: 257
February 28, 2017, 12:49:27 AM
sure it is matters, when the bitcoin price is too high to fall, then bitcoin is success.
Price bitcoin on the example of gambling. Always it turns out not as we would like. If at the beginning of the year $ 1,050 bitcoin is in two weeks again returned to the level last year.

If you try to say that the price is highly volatile and unpredictable, then you are right. But if you discard all the pumps and dumps that we have seen in the last years and open the all time charts, then you'll spot that the price has been growing constantly. If you stick to Bitcoin as a long term investment, then you don't have to worry about the usual fluctuations as the end result is that you end up seeing your investment value grow year by year. That's the most important thing for long term minded people.

My thoughts exactly. And actually it's not so uncommon for scientisst or any researchers, for example, to discard a couple of big discrepancies from a diagram in order to see the trend. If we apply this method to Bitcoin's all time graph we'll see that the price of it is rising from the beginning. And that's a good thing because yes, the price of bitcoin matters.
I remember seeing a chart here in the forum, I don't remember exactly where, where they did that experiment and the opener realized that bitcoin has been growing in average about 6% every month which is a great return on investment.
newbie
Activity: 14
Merit: 0
February 28, 2017, 12:41:30 AM
Being divisible, in reality, not really. However.... for long term success, the masses like to see big numbers like Trump!
hero member
Activity: 672
Merit: 500
February 28, 2017, 12:31:10 AM
Yes it is matter most because it gives value to bitcoin when the bitcoin has no price it will become not prioritize by others or will cost nothing so the price of bitcoin is very important. It matter most.
I agree, the price of bitcoin is very important for user, investor and business that use bitcoin. If the price of bitcoin up the investor and user will be happy, but the business or industries that use bitcoin to operating will be  hard to get the supply of bitcoin. I think  the bitcoin price will never stable because it's devootee is increase everytime so the demand is always higher than supply.
Bitcoin price attracts more people, and the more people wants bitcoin makes the price of it rise.
newbie
Activity: 56
Merit: 0
February 27, 2017, 10:03:45 PM
Yes it is matter most because it gives value to bitcoin when the bitcoin has no price it will become not prioritize by others or will cost nothing so the price of bitcoin is very important. It matter most.
sr. member
Activity: 812
Merit: 317
February 27, 2017, 02:29:26 PM
Early last year, too, do such manipulations as well as this year. The price chart is very similar, only with other figures. So I very much hope for stabilization in the bitcoin market and that our coins will go up in price.
hero member
Activity: 588
Merit: 500
February 27, 2017, 12:30:49 PM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.
yes that is right to say that the price of bitcoin is too much important because if you want to increase the number of bitcoin users then the price must be increasing continuously so as to get the confident of more and more people.
sr. member
Activity: 672
Merit: 250
February 27, 2017, 09:32:07 AM
Yes it does matter, but that's not the only thing that matters. Sadly I think a 99% of people just get involved with bitcoin nowadays for the profit potential but as we've seen its not a guaranteed investment. Part of me wishes bitcoin would just find its 'true' value and stay there but another part of me is excited by the speculative value of bitcoin and where it can go to in the future but I'd rather it be successful as a technology than make a load of money off of it (though both would be nice  Cheesy) . I guess we can only wait to find out.
I agree to you price is really matter or the value of bitcoin matters. Especially on trading because your trading always depends on price, on when to buy or sell your tradings. Also in investing price is always a must one should always need to be updated on sudden changes of price. If the price is right , something is becoming great especially to bitcoin because unlike fiat bitcoins price changes frequent.
sr. member
Activity: 434
Merit: 250
February 27, 2017, 05:52:19 AM
The price of Bitcoin is really important and that is quite nice because if the value is high than there will be a lot of people that can have some profit and that is also nice.
And the bad thing only is that it can takes a long time until the value will be more worth so you need the patience for it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
February 27, 2017, 04:35:20 AM
Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.
In general, the investors must involve the future of bitcoin. It would be much more effective when you buy bitcoin at a low price and expect tremendous growth in the future.

Investors help the economy of bitcoin to grow at a proper pace. As the prices rise more investors are pulled in which leads to more market capital and increased price. Thus in general the price is a very important factor as far as investing is concerned. Merchants do consider the fiat equivalent as the instantaneous price and thus it is not much important to them. For merchants its just another mode of accepting payments.
sr. member
Activity: 476
Merit: 250
February 27, 2017, 02:22:56 AM
Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.
yeah it was proven by the high price of bitcoin create volume in the market increases. it happened because of the increase in users. I'm personally interested in using bitcoin for high prices in a few years ago
sr. member
Activity: 426
Merit: 250
February 27, 2017, 02:10:23 AM
Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.
In general, the investors must involve the future of bitcoin. It would be much more effective when you buy bitcoin at a low price and expect tremendous growth in the future.

Well, if this will go on and on then this price would still be lower and if I were them I would really buy now. This only works for those who have a higher capital in their wallets. Better do it now than regret later. Like what happened to those who didn't bought bitcoin at the $300 mark. So price does really matter.
I really envy those that had the opportunity to buy bitcoin do more for nothing. Over the years, people are quite well raised their bitcoin and even increased on investment. Therefore, we will be more profitable to buy today, because the later can not succeed because of a light purse.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
February 27, 2017, 02:03:19 AM
Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.
In general, the investors must involve the future of bitcoin. It would be much more effective when you buy bitcoin at a low price and expect tremendous growth in the future.

Well, if this will go on and on then this price would still be lower and if I were them I would really buy now. This only works for those who have a higher capital in their wallets. Better do it now than regret later. Like what happened to those who didn't bought bitcoin at the $300 mark. So price does really matter.
member
Activity: 97
Merit: 10
February 27, 2017, 02:01:20 AM
sure it is matters, when the bitcoin price is too high to fall, then bitcoin is success.
Price bitcoin on the example of gambling. Always it turns out not as we would like. If at the beginning of the year $ 1,050 bitcoin is in two weeks again returned to the level last year.

If you try to say that the price is highly volatile and unpredictable, then you are right. But if you discard all the pumps and dumps that we have seen in the last years and open the all time charts, then you'll spot that the price has been growing constantly. If you stick to Bitcoin as a long term investment, then you don't have to worry about the usual fluctuations as the end result is that you end up seeing your investment value grow year by year. That's the most important thing for long term minded people.

My thoughts exactly. And actually it's not so uncommon for scientisst or any researchers, for example, to discard a couple of big discrepancies from a diagram in order to see the trend. If we apply this method to Bitcoin's all time graph we'll see that the price of it is rising from the beginning. And that's a good thing because yes, the price of bitcoin matters.
With on bitcoin prices are always held manipulation and control of the course is not correct. I think that there are certain groups of users who keep a lot of bitcoin, and bitcoin learned to influence the market in such a way to make a difference in the price of the currency.
sr. member
Activity: 518
Merit: 250
Fast, Smart, Trustworthy
February 27, 2017, 01:51:28 AM
Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.
In general, the investors must involve the future of bitcoin. It would be much more effective when you buy bitcoin at a low price and expect tremendous growth in the future.
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