Does the Price of Bitcoin Matter? - page 81.

jseverson

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Quote from: soham on January 15, 2017, 01:35:25 PM

What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

Disagree with you dude even if the price of bitcoin is $1 I know bitcoin will still be use by many people because of less hassle especially when sending money.

stadus

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Quote from: Fredomago on January 16, 2017, 04:31:48 AM

Quote from: ged00u on January 16, 2017, 04:20:36 AM

Quote from: Finestream on January 16, 2017, 03:51:57 AM

Quote from: soham on January 15, 2017, 01:35:25 PM

What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

It's not the price alone mate, it's also the users of bitcoin. I believe people are more interested to see the adoption rate and they make it a basis on their investment and believe that the future will bring them great profit due to increase of price. If the price of 1 BTC is $1,000,0000 but only few users, does it attract people to use it?

I think the Bitcoin users affect the prices of Bitcoin. The more people use it, the higher the prices are. In general, when Bitcoin was first created, there were many people know about it so that its prices are less than $0.1. Later, when it was first used by hackers and bad people in the deepweb, its prices were about $50 to $100. Currently, there are millions of people are having Bitcoin and the prices have already over $800 for many months

yes mate the users adoptions really affects to the value of it i think the more knowledge about it the more people will support and use it either with their investment or for their daily transaction, we just needed to learn more about the features of bitcoin and for sure more passive things will follow.

There it it just right to carefully analyze the price and not just being comfortable every time we see a good price. We must know what are the factors affecting the price movement as it's very vital for a sound decision making.

Fredomago

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Quote from: ged00u on January 16, 2017, 04:20:36 AM

Quote from: Finestream on January 16, 2017, 03:51:57 AM

Quote from: soham on January 15, 2017, 01:35:25 PM

What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

It's not the price alone mate, it's also the users of bitcoin. I believe people are more interested to see the adoption rate and they make it a basis on their investment and believe that the future will bring them great profit due to increase of price. If the price of 1 BTC is $1,000,0000 but only few users, does it attract people to use it?

I think the Bitcoin users affect the prices of Bitcoin. The more people use it, the higher the prices are. In general, when Bitcoin was first created, there were many people know about it so that its prices are less than $0.1. Later, when it was first used by hackers and bad people in the deepweb, its prices were about $50 to $100. Currently, there are millions of people are having Bitcoin and the prices have already over $800 for many months

yes mate the users adoptions really affects to the value of it i think the more knowledge about it the more people will support and use it either with their investment or for their daily transaction, we just needed to learn more about the features of bitcoin and for sure more passive things will follow.

ged00u

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Quote from: Finestream on January 16, 2017, 03:51:57 AM

Quote from: soham on January 15, 2017, 01:35:25 PM

What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

It's not the price alone mate, it's also the users of bitcoin. I believe people are more interested to see the adoption rate and they make it a basis on their investment and believe that the future will bring them great profit due to increase of price. If the price of 1 BTC is $1,000,0000 but only few users, does it attract people to use it?

I think the Bitcoin users affect the prices of Bitcoin. The more people use it, the higher the prices are. In general, when Bitcoin was first created, there were many people know about it so that its prices are less than $0.1. Later, when it was first used by hackers and bad people in the deepweb, its prices were about $50 to $100. Currently, there are millions of people are having Bitcoin and the prices have already over $800 for many months

Finestream

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Quote from: soham on January 15, 2017, 01:35:25 PM

What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

It's not the price alone mate, it's also the users of bitcoin. I believe people are more interested to see the adoption rate and they make it a basis on their investment and believe that the future will bring them great profit due to increase of price. If the price of 1 BTC is $1,000,0000 but only few users, does it attract people to use it?

soham

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What a question!! Only the price of bitcoin matters and nothing else. We are showing interest in bitcoin only because of its price. If bitcoin was priced at $1, no one would have shown interest in bitcoin for sure.

The bitcoin price is attractive and hence people are investing in it and actively earning it. The price is the only factor here.

Victorycoin

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Quote from: qiman on January 14, 2017, 03:51:26 AM

If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

While there may be other factors, I think the principal thing is the price bitcoin is at, because the price sums up all the other factors. If the price of bitcoin have not being impressive overtime, the interest and commitment put into it would not have been there in the first place, because people are simply not looking for avenues to waste their precious time and money. Actually the price of a thing gives it value and the level for comparism, so price is that vital.

Bitcoinsummoner

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Quote from: ubitcoin on January 15, 2017, 12:38:32 PM

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Quote from: qiman on January 14, 2017, 03:51:26 AM

If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

Even it will not fell under 100 or whether it goes up. It does really matter for all of us because it depends on how many bitcoins you are holding and how much bitcoin do you earn with your source of income. If you are concerned on how people utilize bitcoin, well most of us do really care for the price of bitcoin because most of us think about profit.

Of course the price of the bitcoin matters, if the price of the bitcoin is high that will bring more people to use and that is a good thing for us because more people using bitcoin the more investors invest in it and the more we could use it in our daily needs like shopping from the supermarket or eating in a restaurant.

If the price is increases i think it is hardly more people can use bitcoin.. they are just attracting for the price increase but if we seen its high it is hard to believe if the price could be still increase more or not.. bitcoin is always depends in demand and supply so if more people are trusting bitcoin and more company use it we will see more price will increase..

antonioa

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I think that all has become a very important price Bitcoins at a time when it has fallen to $ 300. It touched all those who have in the Bitcoin wallets.

ubitcoin

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Quote from: qiman on January 14, 2017, 03:51:26 AM

If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

Even it will not fell under 100 or whether it goes up. It does really matter for all of us because it depends on how many bitcoins you are holding and how much bitcoin do you earn with your source of income. If you are concerned on how people utilize bitcoin, well most of us do really care for the price of bitcoin because most of us think about profit.

Of course the price of the bitcoin matters, if the price of the bitcoin is high that will bring more people to use and that is a good thing for us because more people using bitcoin the more investors invest in it and the more we could use it in our daily needs like shopping from the supermarket or eating in a restaurant.

Doamader

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When i go to shop i do see the prices of similiar things, and i usually buy the cheaper, food hasnt such big difference between them, i do use those for my life, the price will always be a important thing that will affect your decision. Lets suppose i do wanna a new computer and the price is 1000 dollars, and i do know the regular price is around 850-900 dollars i will wait the price drop to buy, i do the same at crypto world, when i do buy some altcoins. How to ignore any price of anything, there is no way to do such, you will pay the price of something if there is no option or you really need the thing.

Rinder

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There is no way to say to those which had bought or hold their coins on the last pump had regret, it were a 300$ drop, soo you could be with more bitcoins now just by selling it at 1100 and buying it at 800 dollars, easy as that. The bitcoin value will always affect all business related to bitcoin, and all investors, there is no way to stay normal with such change.

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Quote from: qiman on January 14, 2017, 03:51:26 AM

If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

However the price really matters because that is what the traders are after. I agree that acceptance is important aspect but we must remember that the huge acceptance of bitcoin only raises the prices even more due to more more people buying bitcoin.

In fact the only reason people buy bitcoin these days is to trade bitcoin, altcoin vs bitcoin and so on. People spend fiat t buy bitcoin just to trade, SO the price is the only factor important here.

qiman

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If bitcoin fell under 100 usd dollars then yes, price would matter if you have purchased it at the current price it is today. There are more variables though in which to look at bitcoin, other than the price, which are usability and market cap, plus technical potential. I am more concerned as to how many people are utilizing bitcoin rather than just the price.

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Quote from: Mastsetad on January 09, 2017, 12:47:28 PM

Quote from: SheHadMANHands on January 09, 2017, 12:15:07 PM

it only matters when you are interested in the short term price of bitcoin... In the long term... the price will go up so it the current price doesnt matter

Price is price, no matter you want it for short term or long term but you are always wishing the price to stay high because that is what makes bitcoin the best among all other coins, if bitcoin was not having a huge price like this it would never have been so popular in the world.

I think even if the price was not as high as it is today, Bitcoin would still be known to many people around the world, but the platform would not work efficiently, and a few people would be willing to mine, since that there would be a high risk of losses. Without a high hashpower, there would be a lot of instability in the network, and this would make life difficult for many users.

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Quote from: Dwetha on January 09, 2017, 10:37:22 AM

Quote from: Farma on January 09, 2017, 10:29:45 AM

Quote from: TheUltraElite on January 09, 2017, 09:24:16 AM

Quote from: coinfast on January 08, 2017, 05:43:07 AM

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

no matter if we only invest our money in bitcoin or for trading, the price is always important as we only want to make money for short term or long term. i think if we buy bitcoin for higher price and now the price is down, its a good idea to save bitcoin for a while until the price is getting back and i am sure that the price will be increase.

agamasrori

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Quote from: carlerha on January 10, 2017, 11:32:04 PM

Quote from: SheHadMANHands on January 09, 2017, 12:15:07 PM

it only matters when you are interested in the short term price of bitcoin... In the long term... the price will go up so it the current price doesnt matter

but still if you are going to invest your money for long term investment the price of bitcoin still matter because if the price goes up then you will be confident that after some time you can get a good profit. no matter how slow is the progress in the price of bitcoin. therefore the price of bitcoin matter for both kind of investment.

Characteristic of bitcoin is volatile, it is attracts the trader to gain profit. No matter for short or long term, bitcoin price is matter. When the bitcoin price increase some of platforms which use bitcoin to operate the business will be not stable. The increasing bitcoin price has negative and possitive side. But mostly is possitive.

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Quote from: NEWGOODOUBLE on January 11, 2017, 12:15:29 AM

Quote from: BrockHunter on January 09, 2017, 11:23:40 AM

Quote from: Dwetha on January 09, 2017, 10:37:22 AM

Quote from: Farma on January 09, 2017, 10:29:45 AM

Quote from: TheUltraElite on January 09, 2017, 09:24:16 AM

Quote from: coinfast on January 08, 2017, 05:43:07 AM

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

Yes I think that the price does indeed matter because its deciding what people are doing with their bitcoins these days.

it is clear that the price is very important for bitcoin. even makes bitcoin famous until today and make you all interested in joining with bitcoin. is because the price of bitcoin had been in the $ 1,200 price. it is a small sign right ?

If we are considering 1200$ mark definitely you are wrong because even when it is at 250$ there are many users who bought bitcoin at the price, people are showing very much towards it because the price of bitcoin completely different from other currencies in the planet. Even now many stores are being accepted bitcoin as on of their payment option, so if people start investing now definitely it will help them in their future needs.

NEWGOODOUBLE

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Quote from: BrockHunter on January 09, 2017, 11:23:40 AM

Quote from: Dwetha on January 09, 2017, 10:37:22 AM

Quote from: Farma on January 09, 2017, 10:29:45 AM

Quote from: TheUltraElite on January 09, 2017, 09:24:16 AM

Quote from: coinfast on January 08, 2017, 05:43:07 AM

of course the price matters. it matters for the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin.

Some people who had bought large volumes of bitcoin back in 2009 when prices were 10USD/1BTC are the real profit-makers. Imagine the profit they have made in 2016. Holding the coins is a passive income just because the prices are always bound to increase.

On the other hand daily trading is also useful as long as you keep eyes on the market and have some proper skills. All you need to do is buy at low price and then sell at high price, but make sure to get target prices since you never know how much really prices will fall or rise.

perhaps because of this, users always pay attention to the price of bitcoin bitcoin. events in 2009 until this year, making the price to be really important. now maybe people back to save bitcoin they have for a higher price. especially for those who do not sell their bitcoin bitcoin when the price reached its highest point

Indeed they are looking at the price everyday and are only looking to that so they know they have made money or not!

Yes I think that the price does indeed matter because its deciding what people are doing with their bitcoins these days.

it is clear that the price is very important for bitcoin. even makes bitcoin famous until today and make you all interested in joining with bitcoin. is because the price of bitcoin had been in the $ 1,200 price. it is a small sign right ?

carlerha

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Quote from: SheHadMANHands on January 09, 2017, 12:15:07 PM

it only matters when you are interested in the short term price of bitcoin... In the long term... the price will go up so it the current price doesnt matter

but still if you are going to invest your money for long term investment the price of bitcoin still matter because if the price goes up then you will be confident that after some time you can get a good profit. no matter how slow is the progress in the price of bitcoin. therefore the price of bitcoin matter for both kind of investment.

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