Does the Price of Bitcoin Matter? - page 86.

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Quote from: michellee on December 20, 2016, 09:30:49 PM

Quote from: swogerino on December 20, 2016, 09:22:34 PM

Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

yes i am agree with this, with the increasing in the price, we can see that many people is attracting to bitcoin industry and they will use bitcoin to find some new source to make money. we know see that the price is to get increase more and its really worth to waiting for the next price. and this is why the price of bitcoin is really matter for us.

As the price increases, it always gives us a good promise in the future that we will be profitable, and it matters to us even if it dump or pump because that is the basis of our decision making, whether we continue or stop.

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Quote from: swogerino on December 20, 2016, 09:22:34 PM

Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

yes i am agree with this, with the increasing in the price, we can see that many people is attracting to bitcoin industry and they will use bitcoin to find some new source to make money. we know see that the price is to get increase more and its really worth to waiting for the next price. and this is why the price of bitcoin is really matter for us.

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Of course the price of bitcoins matter. How else are we sposse to evaluate how much it worth and how much somebody is going to pay for it?
I think when they created it the worth was not much because it was not well known but now that more people have used it and it is wide spreading across the world it's worth is more and worth more to people.

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Quote from: The_Dark_Knight on December 20, 2016, 07:39:37 PM

Quote from: lol3c on December 20, 2016, 03:53:01 AM

Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline

Bitcoin is susceptible to lose value as any other currency of the world, probably the greatest risk for the price of bitcoin is the manipulation by exchanges or private investors with huge stashes of bitcoins.

This is true but I do not think that it will happen, of course we cannot say this but I have some good hope on the bitcoin.

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Quote from: dhampir-D on December 20, 2016, 03:27:10 PM

Quote from: Clement Kaliyar on December 19, 2016, 06:51:01 PM

The price of bitcoin really does matter to the people who has invested their money into mining and if you look at the large mining farms they are still active because the price keeps on increasing and with the heavy electricity bills involved in mining the charm would fade off once the price goes down and so the price of bitcoin is a real factor to be considered.

This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.

That's why every single movement of bitcoins price is very important to the miners. And for those people who are thinking to enter this industry, they must think again and learn to conduct a survey first if they can attain to mine for a longer time or else they will just waste their money for investing into mining but they want to stop already.

What miners like is just to see their coins being mined are growing it's value in the future, when you are operating a business you should seek profit and you want to grow your profit as your goal. And with the operation, you have to pay the necessary expenses, like the electricity which is the major expenses of the business, after you pay all the expenses then it is just fine to hold it a little longer, when the value grow your business grow as well.

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Quote from: lol3c on December 20, 2016, 03:53:01 AM

Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline

Bitcoin is susceptible to lose value as any other currency of the world, probably the greatest risk for the price of bitcoin is the manipulation by exchanges or private investors with huge stashes of bitcoins.

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Quote from: MMA on December 17, 2016, 05:56:42 PM

Quote from: Pattart on December 16, 2016, 05:45:53 PM

Quote from: Stgsurya on December 16, 2016, 02:08:45 PM

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now Wink

yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin

in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.

We can use bitcoin in a lot of places, even thought the uses may be indirect, for example we can use our bitcoin in purse.io to buy in amazon, and not only that we can get amazing discounts by doing so.

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Quote from: Clement Kaliyar on December 19, 2016, 06:51:01 PM

The price of bitcoin really does matter to the people who has invested their money into mining and if you look at the large mining farms they are still active because the price keeps on increasing and with the heavy electricity bills involved in mining the charm would fade off once the price goes down and so the price of bitcoin is a real factor to be considered.

This is true, the cost of mining was already high before the halving, after the halving the cost increased even more. And given the increase in the number of users using the Bitcoin network, this requires greater hashpower support, so the network remains stable and usable.

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Quote from: burner2014 on December 19, 2016, 10:50:34 PM

Quote from: Babayega31 on December 19, 2016, 10:42:25 PM

Quote from: Botnake on December 16, 2016, 08:25:20 AM

Quote from: diegz on December 16, 2016, 02:43:22 AM

Quote from: vindicare on December 16, 2016, 02:31:43 AM

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.

Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.

Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

Yes of course it matters its logical that it matters without prices no one will sell or buy it for sure, I thin we really need it..

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Quote from: Mastsetad on December 20, 2016, 11:20:03 AM

Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.

Yeah even i have noticed that price is dropping continuously. I thought we could see some Christmas pump like every year but price is going to low value its completely not a fine view about bitcoin price chart. Hopefully price will increase vin upcoming days.

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Quote from: Mastsetad on December 20, 2016, 11:20:03 AM

Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.

The more people use it, the higher the price and more people will use it.

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Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

Though people have started using bitcoin when it has a really small value but that time people were just using it without any other thoughts, but now if the price starts dropping and it does not go higher at all then i'm sure the users database will crash badly and a lot of people will take their hands out of it, so the price really matters.

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Quote from: lol3c on December 20, 2016, 03:53:01 AM

Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline

You forget about big whales hiding just around the corner. Some folks here claim that they can easily bring the price down a few hundred dollars, and they don't even consider themselves as whales at that. It remains to be seen, though, if they can really bring the price down so much, but it should be evident that if a few whales decided to cash out (not necessarily Satoshi himself), we would certainly have hard times ahead (in respect to Bitcoin price)...

On the other hand, that might be beneficial in the long term

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Quote from: epitome on December 19, 2016, 11:54:48 PM

Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

The visionary which Bitcoin price goes down unlikely happens. As you can see, Bitcoin now has appeared in our life through many ways: film, video, social media, advertisement, casino,.. Furthermore, Bitcoin is playing an important role in the ecosystem and no one can deny its benefits and potential. Many companies have chosen Bitcoin as an alternative methods of payment. That's why I can ensure that Bitcoin price can not decline

epitome

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Quote from: burner2014 on December 19, 2016, 10:50:34 PM

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

bitcoin will exist even though the price goes down .Bitcoin is meant to be a token for a job and so it will survive in the future even if the price is zero.Remember people started using bitcoin when there was no monetary value.

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Quote from: burner2014 on December 19, 2016, 10:50:34 PM

Quote from: Babayega31 on December 19, 2016, 10:42:25 PM

Quote from: Botnake on December 16, 2016, 08:25:20 AM

Quote from: diegz on December 16, 2016, 02:43:22 AM

Quote from: vindicare on December 16, 2016, 02:31:43 AM

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.

Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.

Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

What I have witnessed for my longer time of staying here in the cryptoworld is that, when the price of bitcoin is good like what we are seeing now, more people will adopt and it's increasing which is really great for long term investor. Once adoption is consistent, that would result to increase of demand which would eventually create a good price.

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Quote from: Babayega31 on December 19, 2016, 10:42:25 PM

Quote from: Botnake on December 16, 2016, 08:25:20 AM

Quote from: diegz on December 16, 2016, 02:43:22 AM

Quote from: vindicare on December 16, 2016, 02:31:43 AM

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.

Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.

Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

One of the reasons why we are here using or joining here is the bitcoin price, of course if it's price is too low or does not have the possibility to increase like its price now, I don't think that bitcoin will continue to exist in the coming years.

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Quote from: Botnake on December 16, 2016, 08:25:20 AM

Quote from: diegz on December 16, 2016, 02:43:22 AM

Quote from: vindicare on December 16, 2016, 02:31:43 AM

Price of the bitcoin still matter as some would exchange their coins to fiat honestly as they can't pay some physical goods using bitcoin. Some would use it for their basic necessities and they are lucky if their country will accept bitcoin as payment for their bills.

This is usually the reason why we have to know the price of bitcoin in dollar, we are paying things that are not payable with bitcoin, when everything around us is payable with bitcoin already, looking at the price won't matter much, just like how we are looking our local currencies, except if we are buying things that are abroad.

Right now we do not have a choice but to rely on the value of bitcoin we have but not the volume, that would prove that still we are dependent in fiat, we cannot just convert it to dollar as not only a country who has a dollar uses bitcoin, some other countries also uses bitcoin and we are just using dollar as our base conversion since they are a strong country and dollar is valuable.

Yes it really matters most because if the price rises high conversion of btc to fiat also becomes bigger and traders of altcoins do have great opportunity for them to sell their stocks. When bitcoin price falls down and have price fluctuations it does matter to all who use bitcoin specially in trading it may create uncertain decision to traders and lead to loss of investments.

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Quote from: TheUltraElite on December 18, 2016, 09:33:45 AM

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

I also believe in that but I also think that we need the price to get more popular and the bitcoin is also something that needs the price because without it people will not invest at all.

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Ofcourse it matters that what the price of Bitcoin . Since we can use Bitcoin to make direct but still Bitcoin is not much famous So that we can make every deal with it .
So it's a matter that what the price is , as we need to convert it into fiat currency .

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