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Topic: Does the Price of Bitcoin Matter? - page 89. (Read 304484 times)

hero member
Activity: 560
Merit: 500
December 16, 2016, 03:29:37 PM
Yes it matters and its important for us all we are selling and buying on it, without the price the bitcoin would have never become so popular.
Bitcoin always has a price because when it was created its value is base on the legal currency, what makes it popular is when the price is big or has a good improvement and that is what we are witnessing now, people coming in to invest due to the great progress of price which has reach to more than double this year.
I think what you want to say is that volatility makes Bitcoin more popular, and I agree with you. But this is an important factor only for speculators. For common users price is also important, however for them it's more important to have a more stable price, since they will be buying and selling things daily using it.
member
Activity: 76
Merit: 10
December 16, 2016, 03:08:45 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
member
Activity: 75
Merit: 10
December 16, 2016, 03:01:51 PM
Yes the price does matter but its not that its something that is very important the only thing is that the most people are deciding on hit to hold it or sell it so for that reason it matters.
sr. member
Activity: 672
Merit: 250
December 16, 2016, 01:25:07 PM
Yes it matters and its important for us all we are selling and buying on it, without the price the bitcoin would have never become so popular.

Obviously, if bitcoin price was never fluctuating so it could never reach this place and if the price was not where it is right now then there would not have been as many people as there are today, so price is the very basic thing i guess that a person sees before doing anything.
hero member
Activity: 2856
Merit: 667
December 16, 2016, 09:25:20 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.
hero member
Activity: 798
Merit: 500
★YoBit.Net★ 350+ Coins Exchange & Dice
December 16, 2016, 03:43:22 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.
sr. member
Activity: 434
Merit: 250
December 16, 2016, 03:31:43 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.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
December 16, 2016, 02:30:47 AM
Specially for traders it does matter. Just a while ago there is a movement which made me some money. $2 dollars down then suddenly went back up. It does matter to a lot of people that are monitoring it and making profit out of the movement.
hero member
Activity: 3038
Merit: 634
December 16, 2016, 02:11:38 AM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Of course to all of us bitcoins price does really matter. And if it is not because of the bitcoins price, we are not going to be encouraged for keep on trusting bitcoin.

That's why our belief with bitcoin is worth waiting for each price increase, we are having different amounts of profit.
Bitcoin price was being one of factors that make more people use it exlude other factors like no tax, no government control and the innovation of payment system that bitcoin bring to us.
People like to see a bigger price for them to grow their money because they consider it as investment that a currency. With the low price, it's not attractive in the eyes of the money.

If the price of bitcoin is going to be low, that is going to be attractive to those traders who are waiting for that time.

They don't care even the price is going to be up today but still many of them are waiting for the right to come that the price will be lowered.

Because after buying at low price, they believe that bitcoin is going to increase again.

This you are telling about those peoples who have not bought in low range when they were expecting more low then think when they were not able to buy on that low rates will they buy back even today if their is any selling pressure and the price goes down, In my opinion they will say back that more low should come to buy, So it is not means for those peoples to come to bitcoin.

As per my view any time any rate is a buying rate , if you are a investor you wont see the price but you will split you buying in parts and buy on all low rates. But like myself who are in gambling price dont matter until we are winning bets and earning.

Yes, I'm talking about them. We have our different way of buying bitcoins that what makes us think to give us some profit for buying a certain range of price.

Because for those professional traders price do really matters whether that is cents as long as they will buy big volume and bulks of alt coins or bitcoins.

It will affect their profit.
hero member
Activity: 3066
Merit: 577
Leading Crypto Sports Betting & Casino Platform
December 16, 2016, 01:06:23 AM
Of course it does matter but on the other hand nothing can be told about that, I think that without a price a lot of people will not buy at all.

Yes, no one will ever waste their time, effort and money for something that doesn't have value. But with bitcoin, it is attracting us because of the price that is increasing everyday. I'm thinking what if the price of bitcoin is going to keep on falling until the value will come back to $1, for sure many of us will going to quit bitcoin.
hero member
Activity: 1134
Merit: 502
December 16, 2016, 12:57:12 AM
Yes it is, If Bitcoin price is low like Dogecoin then i'll be using Bitcoin in testing my strategy in dice site not for investment. Also if the price of Bitcoin is like dogecoin again then i will not accept Bitcoin as a form of payment when i am doing transactions. Luckily the price of Bitcoin keeps going up the only problem with this is that most people who are not that rich and just know about Bitcoin will not be able to afford 1 whole coin.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 15, 2016, 11:05:01 PM
Yes it matters and its important for us all we are selling and buying on it, without the price the bitcoin would have never become so popular.
Bitcoin always has a price because when it was created its value is base on the legal currency, what makes it popular is when the price is big or has a good improvement and that is what we are witnessing now, people coming in to invest due to the great progress of price which has reach to more than double this year.
member
Activity: 78
Merit: 10
December 15, 2016, 10:19:36 PM
Yes it matters and its important for us all we are selling and buying on it, without the price the bitcoin would have never become so popular.
member
Activity: 89
Merit: 10
December 15, 2016, 07:08:52 PM
Of course it does matter but on the other hand nothing can be told about that, I think that without a price a lot of people will not buy at all.
hero member
Activity: 756
Merit: 501
December 15, 2016, 06:09:53 PM
As a trader and investor this is the main concern all have around bitcoin, if i invest 100 dollars into bitcoin , or 0,15btc into something i would like to roi in both ways, dollars as well bitcoins, since bitcoin keeps volatil, this can affect any investment in the short time. You make your investments accordingly the potencial you see at some project. If you run a project related to bitcoin and you making btc with it, well the price might be not your concern as you running the game with btc, host, domain, ssl, payments, this will matters but wont be the the price that will affect your project at all.
hero member
Activity: 630
Merit: 500
December 15, 2016, 03:07:47 PM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Bitcoin prices matter for every user of bitcoin.

However a large chunk of that user-base in composed of traders and investors. They are important aspect of the entire bitcoin ecosystem in order to drive the bitcoin economy. Traders want prices to fluctuate so they can buy/sell and make profits. Merchants want stable prices while developers want the prices to keep increasing - since this denotes greater acceptance and increased popularity.
Yes I agree with you too, also it was one advantage of bitcoin. Bitcoin is different with fiat bitcoin was designed to get deflation so the price will always rise and become a factor that attracts more people to use bitcoin, but fiat will always get inflation becouse of endless printing.
Smart investors have seen that benefits we are getting with bitcoin, the price is important for us to earn if we belong to the investor side and base on it's performance now, we can say that it will continue to produce a very good price which would make us happy. I guess this will not crash anymore until we reach a new all time high.
yes that is a fact that the price of bitcoin really matter specially for investors, in present time the price of bitcoin is also the key to attract people and to invest their money here in bitcoin,
i am also agree with your, there is no doubt about this that the price of bitcoin really matter, i think all the people who use bitcoin totally depending on the price of bitcoin. if the the price goes up or at lease remain stable, people put trust in it and want to invest in bitcoin, but if the price goes down then people also lost their interest and do not want to invest in it.
hero member
Activity: 532
Merit: 500
December 15, 2016, 02:39:42 AM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Bitcoin prices matter for every user of bitcoin.

However a large chunk of that user-base in composed of traders and investors. They are important aspect of the entire bitcoin ecosystem in order to drive the bitcoin economy. Traders want prices to fluctuate so they can buy/sell and make profits. Merchants want stable prices while developers want the prices to keep increasing - since this denotes greater acceptance and increased popularity.
Yes I agree with you too, also it was one advantage of bitcoin. Bitcoin is different with fiat bitcoin was designed to get deflation so the price will always rise and become a factor that attracts more people to use bitcoin, but fiat will always get inflation becouse of endless printing.
Smart investors have seen that benefits we are getting with bitcoin, the price is important for us to earn if we belong to the investor side and base on it's performance now, we can say that it will continue to produce a very good price which would make us happy. I guess this will not crash anymore until we reach a new all time high.
yes that is a fact that the price of bitcoin really matter specially for investors, in present time the price of bitcoin is also the key to attract people and to invest their money here in bitcoin,
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
December 14, 2016, 11:43:34 PM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Bitcoin prices matter for every user of bitcoin.

However a large chunk of that user-base in composed of traders and investors. They are important aspect of the entire bitcoin ecosystem in order to drive the bitcoin economy. Traders want prices to fluctuate so they can buy/sell and make profits. Merchants want stable prices while developers want the prices to keep increasing - since this denotes greater acceptance and increased popularity.

At this moment I think the option can bring more people to the Bitcoin world to start using it is the stable price. When this happen, stores and shops will start accepting BTC as payment system, because that is what they want, stable prices. Consequently, many people will want to buy with BTCs to avoid high fees that we have to pay using fiat because the banks. Cheaper stuff for all customers and happy sellers earning a good stable price currency.
We hope that big merchants will be able to adopt with bitcoin, in such manner the adoption process with be fast track and millions of shoppers will come around and use bitcoin for good. Hope someday it will happen, I am too excited to this community grow bigger.
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
December 14, 2016, 11:30:43 PM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Bitcoin prices matter for every user of bitcoin.

However a large chunk of that user-base in composed of traders and investors. They are important aspect of the entire bitcoin ecosystem in order to drive the bitcoin economy. Traders want prices to fluctuate so they can buy/sell and make profits. Merchants want stable prices while developers want the prices to keep increasing - since this denotes greater acceptance and increased popularity.

At this moment I think the option can bring more people to the Bitcoin world to start using it is the stable price. When this happen, stores and shops will start accepting BTC as payment system, because that is what they want, stable prices. Consequently, many people will want to buy with BTCs to avoid high fees that we have to pay using fiat because the banks. Cheaper stuff for all customers and happy sellers earning a good stable price currency.
hero member
Activity: 630
Merit: 500
Cryptocurrency Wallet - Denaro.io
December 14, 2016, 11:27:19 PM
For investers and normal users of bitcoin the price of bitcoin does matter. Like I want the price to increase a lot so I can have much more profit. A daily user might also want the price to increase. On case of developers I think they would want adoption more than increase in price.

Bitcoin prices matter for every user of bitcoin.

However a large chunk of that user-base in composed of traders and investors. They are important aspect of the entire bitcoin ecosystem in order to drive the bitcoin economy. Traders want prices to fluctuate so they can buy/sell and make profits. Merchants want stable prices while developers want the prices to keep increasing - since this denotes greater acceptance and increased popularity.
Yes I agree with you too, also it was one advantage of bitcoin. Bitcoin is different with fiat bitcoin was designed to get deflation so the price will always rise and become a factor that attracts more people to use bitcoin, but fiat will always get inflation becouse of endless printing.


Bitcoin price really matter because when its value rises and fall conversion to fiat currency like dollar rate will also be affected on exchange of its rate. If ever bitcoin price rises you could also have big amount of conversion unit of fiat currency and is a great oppurtunity for us for bitcoin price. Trading of altcoins will be also affected of bitcoin price fluctuations however it do generate good profit when its price is good.
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