Does the Price of Bitcoin Matter? - page 78.

Botnake

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Quote from: Fatanut on January 22, 2017, 12:57:02 AM

Quote from: PokemonFun on January 21, 2017, 12:47:28 PM

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5 bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

Dude, you should study how to end a sentence. That's one long sentence. Anyway, back then it's easier to achieve the x5 or x2 price in bitcoins because the price was still low. For example, if it was 5$ today, it would only take a rise of about 20$ to make it 5 times higher than what it was.

Btw, what was your prediction? You didn't even mention it. I don't think what has happened 2 years before would just repeat. I don't think they have a correlation at all since we're on a different level than the past. There might be some similarities but they're not identical. Almost everything have similarities when speculating markets so I don't think that's a good basis for the rise and dump of the price.

History repeats itself, it could happen since it's possible. Whatever the price may come up in the future will dictate the economy of bitcoin, I still believe we have see a good price then, it's not the price increase only that we are seeing literally, but on how the market move. It's different this days as the movement is quite stable, some big dump but eventually will end up with a good price like what we are seeing now.

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Quote from: PokemonFun on January 21, 2017, 12:47:28 PM

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5 bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

Dude, you should study how to end a sentence. That's one long sentence. Anyway, back then it's easier to achieve the x5 or x2 price in bitcoins because the price was still low. For example, if it was 5$ today, it would only take a rise of about 20$ to make it 5 times higher than what it was.

Btw, what was your prediction? You didn't even mention it. I don't think what has happened 2 years before would just repeat. I don't think they have a correlation at all since we're on a different level than the past. There might be some similarities but they're not identical. Almost everything have similarities when speculating markets so I don't think that's a good basis for the rise and dump of the price.

Lorik

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Quote from: gabmen on January 21, 2017, 12:30:11 PM

Quote from: Superzpay on January 21, 2017, 09:36:51 AM

Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.

Yeah right. I think he's actually pertaining here to experienced traders that through experience, i think have ways already to maximize bitcoin's price movement. I think it would also be better for new traders to study the price hike or drop of btc aside from the alt coins that they're trading with

The price of any of the existing currencies are always manipulated and did so for a purpose. Only with the help of trade and artificially raising and lower prices for bitcoin, Delco earn a lot of money.

Sierra82fit

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Quote from: PokemonFun on January 21, 2017, 12:47:28 PM

Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5 bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

It is of course correct vision of the future prospects of bitcoin. But as far as I understand the $ 2k for btc in the near future will not be the limit. This is a very good performance.

PokemonFun

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Bitcoin is going up and down up and down in this 2 years so slow growing so because that I am sure that bitcoin will go to maximum 2000$ per piece because it grows now so slow.Old times with bitcoin growing like x5 bigger price than last day or something like that is past and it will never happent again I am sure in that dont listen always experts from newspapers they have many times mystakes in telling future price prediction so I prefer everybody who want trade with bitcoin to look bitcoin price moving in 2 years before from now and today and they will se that my prediction is correct and that experts will make a big mystake in creating prediction for our best cryptocurrency in this moment so I suggest dont listen experts from newspapers better chech bitcoin price moving for some time in % and make your prediction.

Rastaman2016

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Quote from: Rahar02 on January 21, 2017, 10:45:12 AM

Quote from: Erdogan on May 13, 2015, 08:40:14 AM

Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.

Actually, bitcoin price that attract more people to join in bitcoin world, it's the first impression of bitcoin.
And then people will learn about what bitcoin is with all of the advantages it has.
Bitcoin will be worthless if the price of BTC1 less than 1 fiat money. I mean people won't seeing it as valuable thing.
It different with the first time when bitcoin was developed and rise, if nowadays bitcoin will crash and fall to less than $1, I don't think bitcoin will survive.

We certainly hope that bitcoin has dropped to such indicators. If the price increases tied to the size of bitcoin mining, the prospects of only a good performance.

gabmen

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Quote from: Superzpay on January 21, 2017, 09:36:51 AM

Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.

Yeah right. I think he's actually pertaining here to experienced traders that through experience, i think have ways already to maximize bitcoin's price movement. I think it would also be better for new traders to study the price hike or drop of btc aside from the alt coins that they're trading with

wutard

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The fact that the price of bitcoin starts slowly and rather steady climb has its reasons. For example a sharp jump Bitcoin course, this year primarily associated with the growing interest of investors in venture cryptocurrency and Blockchain increasing popularity of technology worldwide.

Rahar02

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Quote from: Erdogan on May 13, 2015, 08:40:14 AM

Quote from: Coinbuddy on May 13, 2015, 08:30:12 AM

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

It does not matter for the usefulness of value transfer, in order to overcome some hurdles the banks and governments have created.

It matters for the general popularity of bitcoins, and it is crucial for savers.

Actually, bitcoin price that attract more people to join in bitcoin world, it's the first impression of bitcoin.
And then people will learn about what bitcoin is with all of the advantages it has.
Bitcoin will be worthless if the price of BTC1 less than 1 fiat money. I mean people won't seeing it as valuable thing.
It different with the first time when bitcoin was developed and rise, if nowadays bitcoin will crash and fall to less than $1, I don't think bitcoin will survive.

lilit

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Quote from: Superzpay on January 21, 2017, 09:36:51 AM

Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.

I would not have trusted the empty talk about what price and when to wait. The fact that all the predictions voiced specifically and have a specific purpose.

Superzpay

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Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

But if you see he have mentioned traders and I will say that traders know better that when to buy and when to sell. He is not pointing to the normal people who just come to invest as newbies or to those who do not have learned about trade and start trading.

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Quote from: Hatuferu on January 21, 2017, 08:36:39 AM

Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

No one said it's easy, in fact trading and investing is risky due to the nature of bitcoin which is risk. We are making risk here and we love to take risk just for our belief that bitcoin will be a success.

any kind business required an effort and risk ,
without something like that things won't run smoothly , it has been a rule to do it ,
a lot of people think about bitcoin just based on price right?
so it shows how the price really matter .

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Quote from: shulio on January 20, 2017, 12:27:07 AM

Quote from: jossiel on January 19, 2017, 09:01:28 PM

Out of that price and that is why many of the people who are into bitcoin are having good time with bitcoins unstable price.

Because there are a lot of opportunity that we can take advantage for it, just like buying for lower price and do nothing with their coins.

They just need to store it somewhere and get back on it again and sell it on higher price.

Unless you are a trader then you wont really need to know the price of bitcoin. Just keep it save and treat it as a worthless junk , in few more years you might be surprised to see the price. Either that you will be a rich new guy or that you are going to have a worthless coin in your wallet

Even you are not a trader or you are just a normal bitcoiner still price does matters and just like what you have said.

We are just going to save it and treat it as not really nothing but a good investment because we are just going to hold it and wait for the price increase.

And by doing that, we already have an investment out of it.

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Quote from: deppil on January 21, 2017, 08:05:19 AM

Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

No one said it's easy, in fact trading and investing is risky due to the nature of bitcoin which is risk. We are making risk here and we love to take risk just for our belief that bitcoin will be a success.

emezh10

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Quote from: mirakal on January 21, 2017, 07:17:15 AM

Quote from: nikilavi on January 21, 2017, 06:29:39 AM

Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.

The thing is, majority of the people who are using bitcoin does not care to invest, they use bitcoin to use for online transaction by spending on something, it could be for product, services, or whatsoever. The price is the measurement of value and it's every important, but a good price will make bitcoin more popular and it represent a strong asset and a progressive economy.

I agree price is matter in terms of using the bitcoin in daily lives but using bitcoin as investment I think not because we all know that next year the price of the bitcoin will go to the pick again so it's expected thatIf I invest now I will earn a lot next year. So in over all bitcoin price is depend on the people who are using it if many people will use the bitcoin the price will pump and if the users is diminish the price will dump. For the price is matter as user of the bitcoin.

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Quote from: AppleBTC on January 21, 2017, 07:18:02 AM

Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

but to know when the best time to sell or buy, is not easy, you need at the market price analysis and others. the price of bitcoin, you can get many benefits including profit

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Of course it does matter, traders earn profit from the price of Bitcoins, if you know when to buy and sell, you can actually make a good income

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Quote from: nikilavi on January 21, 2017, 06:29:39 AM

Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.

The thing is, majority of the people who are using bitcoin does not care to invest, they use bitcoin to use for online transaction by spending on something, it could be for product, services, or whatsoever. The price is the measurement of value and it's every important, but a good price will make bitcoin more popular and it represent a strong asset and a progressive economy.

nikilavi

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Measuring price of Bitcoin is indeed important to show its potential. As there are still many people who either heard about it but are not investing but as the price is the best influence for the people who are planning to invest i think that the price really matters alot. Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But I agree, once you purchase you hardly care of its price I believe in holding Bitcoin.

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I think it is the most important point of bitcoin. those who had been accustomed to look for bitcoin, would always wondered about the price of bitcoin. it is because the income they get depends on the price of bitcoin. only certain people who do not care about the price of bitcoin. but, the vast majority of users consider that the bitcoin, bitcoin prices is very important.

Topic: Does the Price of Bitcoin Matter? - page 78. (Read 304502 times)