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Topic: Does the Price of Bitcoin Matter? - page 82. (Read 304484 times)

legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
January 10, 2017, 02:25:02 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
Yeaa we cannot avoid the fact that the price is the only thing make people interested in bitcoin.
Without the volatile price and the high price of bitcoin, i don't think people can find another reason to be interested.
It is always about the price no matter what , at least for now.

Well you cant blame them. This generation is all about money now. When you have it you have the power also. That explain how they are just going for what will happen to the price of bitcoin. It will not change. That kind of thinking is with all of us. We dont have to be hypocrites here.
legendary
Activity: 1050
Merit: 1001
January 10, 2017, 02:09:53 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
Yeaa we cannot avoid the fact that the price is the only thing make people interested in bitcoin.
Without the volatile price and the high price of bitcoin, i don't think people can find another reason to be interested.
It is always about the price no matter what , at least for now.
hero member
Activity: 644
Merit: 501
January 09, 2017, 09:04:06 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 Smiley

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.

That's true. Pricing always has its own importance competitively. For this we can consider bitcoin adoption from the early stages. Initial days none got interested towards it. While the price peak happens in a short it easily reached people and large adoption took place which keeps the price to be stable for a long.

Yes, price of bitcoin is an attraction for traders because they are able to make calls in seconds or minutes. And profit so much from it, since the bitcoin market is very very volatile and the market capitalization is still low compared to other assets like gold and silver.

Although it does matter in the short term, that shouldn't affect your long term strategy.

For me the long term strategy is buy and hold, because bitcoin is disinflationary and that means the price should technically go up if adoption can outpace inflation, which is always adjusting lower and lower.
legendary
Activity: 2646
Merit: 1106
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January 09, 2017, 07:58:45 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 Smiley

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.

That's true. Pricing always has its own importance competitively. For this we can consider bitcoin adoption from the early stages. Initial days none got interested towards it. While the price peak happens in a short it easily reached people and large adoption took place which keeps the price to be stable for a long.
legendary
Activity: 1232
Merit: 1091
January 09, 2017, 07:48:17 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 Smiley
under any circumstances the price will always be needed, whether you're investing in short term or long term, I am sure when the price is high but you're aiming for long-term investment, you will sell your bitcoin because the price was very attractive

It's always a good thing to secure profits every now and then, but a solid holder will have a certain part of his coins in a special cold wallet for the long term. If it's a real holder, then these coins won't be touched in the coming years. If the person in question gets tempted to sell due to the price having gone up, then it's not a real holder. My record of not having touched/moved a certain part of my coins sit nearly at 2 years. I am aiming for many more years regardless of the price.
hero member
Activity: 1148
Merit: 504
January 09, 2017, 07:05:37 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 Smiley
under any circumstances the price will always be needed, whether you're investing in short term or long term, I am sure when the price is high but you're aiming for long-term investment, you will sell your bitcoin because the price was very attractive
hero member
Activity: 756
Merit: 501
January 09, 2017, 03:58:52 PM
Prices does affect all the system of bitcoin, since bigger price means bigger rewards for the miner, even if they keep getting the same reward at each block. Those happens as well with signatures here that can pay a bit more, then the rates from the last years, as well people does gamble more and risk more at trading with their bitcoins.
sr. member
Activity: 672
Merit: 250
January 09, 2017, 01:47:28 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 Smiley

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.
legendary
Activity: 1168
Merit: 1000
January 09, 2017, 01:15:07 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 Smiley
newbie
Activity: 55
Merit: 0
January 09, 2017, 01:06:42 PM
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 matters a lot but that is also how you look at it of course, the price is very important for us all, the sellers and the buyers.
legendary
Activity: 3486
Merit: 1280
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January 09, 2017, 12:59:49 PM
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

Some long-term holders here are saying that most of these people had lost their coins in the Mt.Gox scam, so their number (I mean those who are still alive and kicking, metaphorically speaking) should be really small. On the other hand, they would be real profit makers and takers if they actually booked their profits, i.e. sold at least some of their coins. Otherwise, their profits will remain only paper profits that go as easily as they come. But these types don't seem to be inclined to sell the coins at any price waiting for something which I don't quite comprehend myself...

Namely, they wanna become the new elite as I got it, but I doubt that Bitcoin is gonna help them at all
member
Activity: 67
Merit: 10
January 09, 2017, 12:23:40 PM
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.
jr. member
Activity: 59
Merit: 10
January 09, 2017, 11:37:22 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!
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
January 09, 2017, 11:29:45 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
hero member
Activity: 770
Merit: 500
Bazinga!
January 09, 2017, 10:51:59 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.

Not just for those people who bought coins but for all the people who are using bitcoins and having some trades with it. The price is really a matter of importance in bitcoin and this is why we are loving the way it is making itself well known. And as of now, the price did reach ATH for this year and many of people surely encouraged to use it.

when you only consider bitcoin to be purely for investment then the price becomes important to you, there is no argument there.

but bitcoin is not just investment, it is also a currency that we can use to buy things with. in that case the only thing that matters is bitcoin itself, its security and as far as price is concerned the stability of it is more favorable than a volatile price when you are spending it.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 09, 2017, 10:24:16 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.
full member
Activity: 202
Merit: 100
January 08, 2017, 07:41:29 PM
Too big, too small / Size does matter after all / Zu gross, zu klein / Er knnte etwas grer sein / Mercedes Benz, und Autobahn /
hero member
Activity: 560
Merit: 500
January 08, 2017, 07:33:38 PM
The price of Bitcoin matters for traders and investors. It's also important for widespread adoption.
However in the end on a global scale, it will ultimately matter little.
Merchants just on the difference in price earning bitcoin. Investors want better course only the price increase.
It always matter for those holders who are the reason of the bitcoin price increasing and decreasing that's the only way to earn profit company who had hundreds of bitcoin can make a good profit from short of trading. Investors don't only want to price to be increase they also want to price to be decrease and start buying bitcoin to stocked and will sell when the price is right again.
Big investors will always be able to make bigger profits in the market, since they have large holdings to invest. But the volatility in the Bitcoin market is enough for small traders to make a good profit. This is not easy, of course, since it takes a good timing and there is a need to always be alert to events that change the direction of price in the market.
hero member
Activity: 532
Merit: 500
January 08, 2017, 07:20:32 PM
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.
Well, panic selling makes us understand how important the price of bitcoin. when the bitcoin prices rise quickly, people tend to buy bitcoin in significant amounts. but, when the price goes down, everyone sell their bitcoin quickly. Well, the concern on the price makes us tend to be more proactive.
i think yes the matter it really matter. to me i think most of the people want to start using bitcoin and that is the most decent way of playing gamlbling.
legendary
Activity: 2758
Merit: 1004
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January 08, 2017, 09:07:46 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.
Well, panic selling makes us understand how important the price of bitcoin. when the bitcoin prices rise quickly, people tend to buy bitcoin in significant amounts. but, when the price goes down, everyone sell their bitcoin quickly. Well, the concern on the price makes us tend to be more proactive.
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