Does the Price of Bitcoin Matter? - page 79.

LeGaulois

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Of course the price of bitcoin matter, like fiat.00 If you have a lot of it you will surely agree with this. specially for trading and investments
Or the case if you are paid in bitcoin, let's say the price is 900$ the boss pay you, then monday the price go down at 400$ LOL. Believe me you will figure out the price of bitcoin matter If you are paid 15$ per hour but due to the price fluctuation it cuts down to 7.5$, the value of your knowledges doesn't decrase from monday to monday

TheUltraElite

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Quote from: lOvE mE forEvEr on January 20, 2017, 09:44:32 AM

Yes right, bitcoin prices are very problematic. I prefer stable than like this, we all will certainly leave bitcoin if we feel the loss. My conclusion, bitcoin prices stable so it can make a certainty.

Do you understand that 80% of all bitcoin users are actually traders of bitcoin. Traders who trade on fiat/bitcoin, altcoin/bitcoin and so on. If prices became stable then there would be no excitement among the traders and the bitcoin economy would be largely affected.

Of course if you are a shop owner who accepts bitcoin it can be really troublesome when prices rise/drop. But you have to deal with it.

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Quote from: lienfaye on January 18, 2017, 02:59:27 AM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

Yes because of it many long term investors invest their money in bitcoin but those people who want to start their companies with the payment system of bitcoin they want a stable price in bitcoin and those who do not want to store their money in banks and they want to store their money in bitcoins they will also want a stable price of bitcoin.

webtricks

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Measuring price of Bitcoin is indeed important to show its potential to ppl who are not using Bitcoin yet.
But yes I agree, once you enter this anonymous environment you hardly care of its price! I believe in holding Bitcoin and only trade Bitcoin for in/out for service.

lOvE mE forEvEr

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Yes right, bitcoin prices are very problematic. I prefer stable than like this, we all will certainly leave bitcoin if we feel the loss. My conclusion, bitcoin prices stable so it can make a certainty.

SamsungBitcoin

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For me bitcoin price really matters this is the basis if we can earn profit or not, we always want that the price of bitcoin would be higher to see our investment grow and to have more income in the future.

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Quote from: jossiel on January 19, 2017, 10:01:28 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

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Quote from: lienfaye on January 18, 2017, 02:59:27 AM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

Bitcoin is a great investment and it give to use to get profits in a very short time frame and also it offers us the possibility to do it no matter where you are or even your age, which is a big plus.

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Quote from: lienfaye on January 18, 2017, 02:59:27 AM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

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.

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Quote from: zuyfg888 on January 17, 2017, 10:13:30 AM

Price of bitcoin always matter! Value of a bitcoin vs another altcoin matter, with traders and also the investor always monitor the price of bitcoin. This is where traders and investors earned. Fast high pricing of bitcoin, fast earnings for investors, slow price hike of bitcoin, slow earning and losing their investments

I think we should differentiate the term price and value, usually, investors are concerned about values and that's why they invest for long term whereas traders are usually dependent on the price and they trade for the short term. When newbie is concerned, he looks for the price movement unless he cares about the revolutionary technology.

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Quote from: TheUltraElite on January 19, 2017, 11:33:20 AM

Quote from: andrei56 on January 18, 2017, 10:21:52 PM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Not only matters to all of those, it is also important for the average user of bitcoin, because if the price gets too low you will think twice before spending your bitcoin when the value is so low, in the other hand when it gets an higher price you can buy more with your bitcoin.

I agree that it affects the merchants in this manner - those who accept bitcoin.

I would like to buy an article when bitcoin price is low. But this is hardly the case because the prices will rise in the long run and hence nowadays bitcoin is more of a trading commodity than a currency.

It is more important for the traders and speculators not doubt.

yes i also observed that bitcoin is more into trading and gambling not the way it should be act as currency, more and more newcomers only buy bitcoin because of its fluctuation maybe its needed to be more adopted into a real use rather than its common used. if more company adopt bitcoin as a payment process for sure we will see much better value.

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So anyway, I applied as a merit source :)

Quote from: andrei56 on January 18, 2017, 10:21:52 PM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Not only matters to all of those, it is also important for the average user of bitcoin, because if the price gets too low you will think twice before spending your bitcoin when the value is so low, in the other hand when it gets an higher price you can buy more with your bitcoin.

I agree that it affects the merchants in this manner - those who accept bitcoin.

I would like to buy an article when bitcoin price is low. But this is hardly the case because the prices will rise in the long run and hence nowadays bitcoin is more of a trading commodity than a currency.

It is more important for the traders and speculators not doubt.

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Quote from: andrei56 on January 18, 2017, 10:21:52 PM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Not only matters to all of those, it is also important for the average user of bitcoin, because if the price gets too low you will think twice before spending your bitcoin when the value is so low, in the other hand when it gets an higher price you can buy more with your bitcoin.

Regular spender does not care much of the volatility of bitcoin and the price itself, only the investors who are very much attach with the price movement by monitoring it regularly and of course we are all happy when the value of bitcoin increase which I believe will continue to happen.

The recent price fall back was not that big, it's an opportunity that was given to us to buy more bitcoins to store for the future.

andrei56

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Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Not only matters to all of those, it is also important for the average user of bitcoin, because if the price gets too low you will think twice before spending your bitcoin when the value is so low, in the other hand when it gets an higher price you can buy more with your bitcoin.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: lienfaye on January 18, 2017, 02:59:27 AM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

The reason why many people were drawn to bitcoin was its ease of transactions and easy usage. However the consequence was that as the user base grew the prices started increasing. Currently the people are more interested in prices and not the transactions - bitcoin is like a trading commodity these days and not just a cyber-currency.

The prices matters for them - traders, speculators. However merchants do prefer the stable price.

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Quote from: lienfaye on January 18, 2017, 02:59:27 AM

Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

Yes. It gives an impact also. You could bet on bitcoin if it will go up or down. This kind of things have been a good business for traders they love the excitement of whether they will lose or win. Even with gold and oil they do this things. This things are not controlled so betting in it wont have cheats.

lienfaye

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Quote from: onrise on January 18, 2017, 02:49:01 AM

It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

Yeah it does matter. thats why many users investing in btc because of the unstable price which give them the opportunity to earn. i think it became popular also because of it.

onrise

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It is the only thing that matters to all the traders, speculators, business, hedgers etc. It depends upon the price at which they buy/sell.

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Quote from: andrei56 on January 18, 2017, 12:12:16 AM

The price does matter, even if you were able to get bitcoin directly and to spend it too, what you are able to buy with it will be determined by the price at the moment you buy.

Yes it does really matter and we are not going to have our time with bitcoin if doesn't have good price. We are all living by depending with the price of bitcoin that is fluctuating daily. So if ever bitcoin doesn't have value, a sure thing that many of us here are not going to stay here and not going to allocate our time collecting it.

andrei56

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The price does matter, even if you were able to get bitcoin directly and to spend it too, what you are able to buy with it will be determined by the price at the moment you buy.

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