Does the Price of Bitcoin Matter? - page 8.

goldcoinminer

hero member

Activity: 952

Merit: 500

Quote from: Ethernel on February 01, 2018, 03:13:31 PM

Each has various plans with the bitcoin they own. So always it matters about the bitcoin price.
It matter till it is converted and used in some other form of local currency such as dollars.

The price that the amount we converted is the only thing that would tell if we are in profit or at lose.
Everyone should understand that, for traders, you will never lose if you will not sell because even if bitcoin has some down moment, like
what we want witness in the past, it has also time to recover.

Gracechen17

full member

Activity: 367

Merit: 102

Of course it does. No matter how bitcoin fanatics insist that the current value of bitcoin does not affect them i dont believe them. The moment you put your money on something as an investment together with this you already have the expectation that your money is going to grow. And seeing them falling i believe it hurts them but most deny this fact. Unless you had taken out your money for charity then you will not expect return from it.

Ethernel

member

Activity: 118

Merit: 10

Each has various plans with the bitcoin they own. So always it matters about the bitcoin price.
It matter till it is converted and used in some other form of local currency such as dollars.

seizetehday5

full member

Activity: 238

Merit: 100

In my eyes no it does not necessarily matter because I view it as currency and currency we use right away which means we don't get hurt on fluctuations. However, I know that most individuals are ones who invest therefore it will be hard on them watching these types of days.

bitgov

sr. member

Activity: 1554

Merit: 260

Quote from: BMTokens on February 01, 2018, 02:19:45 PM

The problem with the immense volatility of BTC is that it prevents it from being widely adopted. We need a stable price in order to see it become more mainstream than it already is.

I agree that for all crypto would be much better if the price of Bitcoin was more stable, but it will stabilize only when it gets to the mainstream.

BMTokens

newbie

Activity: 3

Merit: 0

The problem with the immense volatility of BTC is that it prevents it from being widely adopted. We need a stable price in order to see it become more mainstream than it already is.

Crash21

newbie

Activity: 154

Merit: 0

Price is everything for cryptocurrency like bitcoin because nobody need to use something worthless. When im seeing how many people joined bitcoin community after last pump i can said that price is matter.

whyrqa

full member

Activity: 1093

Merit: 103

Quote from: Cointertrade on February 01, 2018, 01:02:21 AM

Quote from: randy8777 on May 13, 2015, 09:41:01 AM

of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.

for those who are dreaming to become millionaire someday, yes of coarse does price really matter, im looking for the price because it can give is a better life so that it really matters for those who dream big on bitcoin, we dont want to have salary on a lower price because we want bigger thats it, price matters.

about the salary in Bitcoin I would not even mention, because how to pay the salary if Bitcoin is so unbalanced. And I doubt about the interest of people in bitcoins and for stable prices, because today the popularity of bitcoin grows because everyone already gives prices of $ 50,000, and maybe even more. That's why they invest their money in Bitcoin.

Eureka_07

sr. member

Activity: 1764

Merit: 260

Binance #SWGT and CERTIK Audited

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

Yes ofcourse bitcoin price really matters because our investment,fund or money we invest depends on how bitcoin price plays on the market. If the bitcoin price is stable then risking would not be a part of investing. You will earn a lot of money because of the unstableness of bitcoin. Bitcoin really matters.

Shanmatthew

member

Activity: 243

Merit: 10

Of course bitcoin price matters a lot. The high value of bitcoin is the real reason why people risking their money and time in trading and investment. The high price motivate us to patiently wait.

Cointertrade

full member

Activity: 238

Merit: 100

Quote from: randy8777 on May 13, 2015, 09:41:01 AM

of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.

for those who are dreaming to become millionaire someday, yes of coarse does price really matter, im looking for the price because it can give is a better life so that it really matters for those who dream big on bitcoin, we dont want to have salary on a lower price because we want bigger thats it, price matters.

sailordgold

member

Activity: 70

Merit: 10

Quote from: payyy on January 22, 2018, 01:37:32 AM

Quote from: sailordgold on January 22, 2018, 01:31:58 AM

Yes the price of the bitcoin does matter because the fact is that everyone is looking at the price to sell or buy it.
The price is just so important for the most of us here.

The thing that matters when you are talking with others, but no, for me the price is not important since i am always looking at the facts, the features, and how it is working at that time. If you always look at the price as a reference, you clearly do not understand how it works.

when we are willing to sell or buy bitcoins it is important to look at bitcoin prices in addition to other things that will affect the bitcoin price itself to determine when we should sell and when we should buy, because I think the price is an inseparable part of the fact

kiindje

full member

Activity: 166

Merit: 100

The price only matters if you want to sell for fiat. If you are just trading btc-alts and want to keep the coins for long, then it doesn't.

pogiparin

jr. member

Activity: 140

Merit: 2

The price of bitcoin is extremely important because it determines the use of it in real terms. Let's face it, bitcoin has no intrinsic value. It can only be valuable in terms of dollars and other currency counterparts. If bitcoin cannot be converted into other currencies, then its value will decrease rapidly. To an extent, it can be argued that it doesn't have any value if it cannot be converted into dollars and less people would mine or invest on it.

@maetthan17

newbie

Activity: 93

Merit: 0

For all the investors bitcoin rate or price always matter to them .The bitcoin price that continuously increasing is the only reason why all the investors are continuously investing on bitcoin .

Stac

full member

Activity: 419

Merit: 100

The price of bitcoins has surpassed $ 10000 and there are chances for the price of bitcoins to surge above $ 40000 by this year end, as there is high demand for the bitcoins in the crypto world. As the price of one bitcoin is more than $ 10000 it is really expensive and it is difficult to buy one bitcoin in hand but you can invest part by part which will also help to earn profits when the prices shoots. Price does really matter and there is no other way the early investors has become millionaires through the bitcoin technology.

Destnhel

newbie

Activity: 123

Merit: 0

Indeed, it does matter. Practically, most people see BTC in where they can earn. It does matter since it's the price that made it known and it's the price that attracts people. Those that engaged themselves in this field, they wouldn't do so, if it's not for the price.

Umar001

member

Activity: 308

Merit: 14

Bitcoin price matter alot, price determine the value of bitcoin, if the price of bitcoin drop to 0% bitcoin become valueless, vi's vasa, price of bitcoin also determine it purchase power, example if 1 btc=20$, you can buy products with your bitcoin than when the price is 1btc=10$.

jhamz03

member

Activity: 224

Merit: 10

Yes bitcoin price matters, specially to those bitcoin holders, traiders and investors. It really matters for them specially when the price goes up it doubles thier profits on holdings or even tripple after for some quite a while. The higher the price of bitcoin the bigger profit we acquired on investment.

LANZ777

member

Activity: 126

Merit: 10

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

Of course the price of bitcoin is matter. Because volatility of bitcoin makes investors interested in bitcoin. Millionaire's invest in bitcoin because they believe that this is the quickest way to earn bitcoin that will cost a million if the price is too high. Some are millionaire's now because they hold bitcoin as their savings, but this brings them as an instant blessing for them to be a millionaire also. You have to be patiently wait for the price increase so that you can be a part of bitcoin millionaire.

Topic: Does the Price of Bitcoin Matter? - page 8. (Read 304502 times)