Does the Price of Bitcoin Matter? - page 70.

lionheart78

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Quote from: Betwrong on February 12, 2017, 04:14:41 PM

Quote from: bitbunnni on February 12, 2017, 12:05:57 PM

If you look at the forecasts of specialists on bitcoin, the current decline in the price of bitcoin will benefit those who spend their savings on the purchase cryptocurrency. So metaphorically it makes a good investment for the future.

I wish more people see your words. Indeed now we witness probably the last chances to buy BTC under $1,000 and those who will take advantage of this situation will be in profit in the future. There are many Bitcoin users who sell their coins just after the price goes over $1k and that's why the price goes back under $1k. What they don't understand is that if they want to have Bitcoins they might end up buying them much more expensive, because many people, many people who buy their first coins, start buying when it's under $1k, and if they won't sell, which is most likely because they are not buying BTC to make small profits, the will go up and up only.

Well we are at 4 digit again at this moment, but with the upcoming news about the ETF, if it is approved then it is still good to buy Bitcoin today. Aside from that, I agree that hoarding bitcoin can help increase its price. The law of supply and demand. Less supply with high demand equals higher price.

equator

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As per my view, the price of bitcoin matters only the daily traders and long term traders as they are doing trading and surely wanted the price to be fluctuated so that they can make profit but for gamblers it does not matter as they use to bet on even if the price of bitcoin is low or high.

Betwrong

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Quote from: bitbunnni on February 12, 2017, 12:05:57 PM

If you look at the forecasts of specialists on bitcoin, the current decline in the price of bitcoin will benefit those who spend their savings on the purchase cryptocurrency. So metaphorically it makes a good investment for the future.

I wish more people see your words. Indeed now we witness probably the last chances to buy BTC under $1,000 and those who will take advantage of this situation will be in profit in the future. There are many Bitcoin users who sell their coins just after the price goes over $1k and that's why the price goes back under $1k. What they don't understand is that if they want to have Bitcoins they might end up buying them much more expensive, because many people, many people who buy their first coins, start buying when it's under $1k, and if they won't sell, which is most likely because they are not buying BTC to make small profits, the will go up and up only.

Mitcsell

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What I do not like the latest indicators of trade exchanges, where the bitcoin again begins to reduce its price. At the beginning of the year it was very good, and actively raise over $ 1017 for 1btc. But today poor condition.

bit1

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Quote from: lol3c on February 12, 2017, 01:04:49 PM

The prices of Bitcoin is an important factor. As you can see, if the prices of Bitcoin keep going up, the number of Bitcoin will obviously increase and the adoption will proceed faster. We all want to see the future where Bitcoin will be the only currency on this planet.

I do not think everyone is looking for that, there is no way, one only currency across the planet, I do not think it's a good idea, and less that everyone should support that idea, I really do not know what led you to draw that conclusion that would be a good thing, on the other hand I think the price really does matter and depends strictly on the use of each one.

jak3

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honestly for me price of bitcoin does not really matters a lot for me its ok that the price is rising and yes i will have some profit too but as i am not a bit money trader so i will have some limited money profit which i can actully get easily if i want so its like a little less hardwark when price gets increased

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Quote from: Xenophoto on February 11, 2017, 03:12:12 AM

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Quote from: DRaGoN RaNTaRo on February 10, 2017, 04:13:23 PM

The price of bitcoin really matter because i have invested my money into it and when ever the price rallies i do have my worries and i would book my profit when ever i can and buy the coin at a later time and so the price is important for those who have invested in it.

The price movement is just normal and you don't have to worry about it. Because the experts and enthusiasts said that the price of bitcoin is going to keep on moving until it come up to all of its supply. And price is really important so when you see price rally downs, just take the advantage and buy a lot of bitcoins that you can afford.

The market would continue to move even after we have mined almost all of the supply. I don't trust these "experts" and "enthusiasts" because their advice is nothing but a speculation and their predictions are not always right. I think the price of bitcoin would only stop moving when (a.) every single fiat has been converted to bitcoins. (b.) we are basing the prices on bitcoin and not fiat.

I think the price is very important even if the price is not decreasing. The price indicates the value of bitcoin so it would always be important regardless of market movement.

Yes I know that it is a pure speculation but speculation with proof on the side is more reliable. And upon knowing that their source and proofs are legit, they may not be accurate for sometime but there are also accurate speculations. I forgot what I read from the past but that made me believe that the price of bitcoin will increase and it really matters now to see it happened.

So you can recognize that some users bitcoin through some manipulation to learn to influence and control the trade bitcoin. This is fraud.

BartS

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Quote from: bitbunnni on February 12, 2017, 12:05:57 PM

If you look at the forecasts of specialists on bitcoin, the current decline in the price of bitcoin will benefit those who spend their savings on the purchase cryptocurrency. So metaphorically it makes a good investment for the future.

Bitcoins was a good investment in the past, it is a good investment now, and it will continue to be a good investment in the future as well, but the sooner you get into it the sooner you will see the rewards of bitcoin.

lol3c

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Quote from: BeGoods on February 12, 2017, 11:13:02 AM

Quote from: boyptc on February 12, 2017, 10:46:15 AM

Quote from: pacifista on February 12, 2017, 10:03:32 AM

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.

I think the price is not for profit only. but even you use bitcoin to currency. the price or rate of bitcoin is still needed. I thought it would never happen. bitcoin prices will continue to go up and down not ever fixed

The prices of Bitcoin is an important factor. As you can see, if the prices of Bitcoin keep going up, the number of Bitcoin will obviously increase and the adoption will proceed faster. We all want to see the future where Bitcoin will be the only currency on this planet.

PhilPrime

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Quote from: Fireblade on February 12, 2017, 11:45:10 AM

Quote from: Edraket31 on February 12, 2017, 09:35:48 AM

Quote from: gufpmvgw3334 on February 12, 2017, 09:13:49 AM

When the price is rising, many people will be interested in it and they will start to invest in it.

Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.

yes the feature of bitcoin are also important but i think the most important think is its price. the price of bitcoin really attract people toward bitcoin.

True,it's value and its fast and easy transactions. No doubt bitcoin is being known other than other cryptocurrencies. It it have lots of advantage and future.

bitbunnni

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If you look at the forecasts of specialists on bitcoin, the current decline in the price of bitcoin will benefit those who spend their savings on the purchase cryptocurrency. So metaphorically it makes a good investment for the future.

Fireblade

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Quote from: Edraket31 on February 12, 2017, 09:35:48 AM

Quote from: gufpmvgw3334 on February 12, 2017, 09:13:49 AM

When the price is rising, many people will be interested in it and they will start to invest in it.

Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.

in fact the price of bitcoin has a big impact on its users. when the price of bitcoin start felling down there is just panic lick situation people want bitcoin to continue its price increasing gradually. and they do not want panic selling and price to fell down so much if the price of bitcoin be increasing continuously then i am hopeful that people will be more confident to invest their money in bitcoin.

BeGoods

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Quote from: boyptc on February 12, 2017, 10:46:15 AM

Quote from: pacifista on February 12, 2017, 10:03:32 AM

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.

I think the price is not for profit only. but even you use bitcoin to currency. the price or rate of bitcoin is still needed. I thought it would never happen. bitcoin prices will continue to go up and down not ever fixed

bestluck

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Quote from: grenade launcher on February 12, 2017, 07:29:14 AM

Quote from: BigBos on February 12, 2017, 07:10:20 AM

in fact, the price of bitcoin is the main crux of bitcoin, because if bitcoin does not have a price, then no one will ever use bitcoin again. other than that, very much our effort to hold bitcoin we have to wait for the price to be higher bitcoin.

With the same intensity with which today bitcoin changes its price, you no longer know when to expect increase, and whether at all a bright future for bitcoin.

Currently the fluctuations is running in the price of bitcoin and the price changes occur about a hundred dollars and the traders like that situation much more they are now actively investing and doing active trade and within a week they can be able to earn thousands of dollars.

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Quote from: pacifista on February 12, 2017, 10:03:32 AM

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

There will no fix price for a lot of years that will come. The bitcoin number are way too many to be mined. But if everything is mined there will stiill be no fixed price.
Imagine there are 21 million golds only out there. They will try to keep storing it as long as they can for better price in the future. That is what will happen with bitcoin. It will become rare that every satoshi will count.

boyptc

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Quote from: pacifista on February 12, 2017, 10:03:32 AM

Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

Yes it is, just like the real money if that hasn't distinct value or worth we are not going to use it anymore, we'll just ignore it. And the same thing with bitcoin, if this doesn't have it's own price then for sure that no one will take care of it and use his own time for earning a lot of it. Because that can be considered as time wasting.

Pattart

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Quote from: gufpmvgw3334 on February 12, 2017, 09:13:49 AM

When the price is rising, many people will be interested in it and they will start to invest in it.

actually time it has been seen that the price is very important for bitcoin. and without the price I am sure bitcoin will not be able to live. The most important unit for bitcoin is the price

pacifista

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Absolutely yes,bitcoin price is definitely very important to anyone that are using it. Cause thats the only way how they earn profit. But what if bitcoin will have its fixed price someday? Is it good or not?.

Edraket31

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Quote from: gufpmvgw3334 on February 12, 2017, 09:13:49 AM

When the price is rising, many people will be interested in it and they will start to invest in it.

Not only the price that people had been interested in bitcoin, but of course its being uniqueness when it comes to decentralization.
But, I believe that the price has the big impact especially when we have known that the price always varies depending on the users and how much they are willing to invest on it.

gufpmvgw3334

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When the price is rising, many people will be interested in it and they will start to invest in it.

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