Does the Price of Bitcoin Matter? - page 94.

MTBTT

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Quote from: verdun2003 on November 27, 2016, 10:46:26 AM

Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
because I know the price will increase more in the future.

yeah because bitcoin users always see the price so that they benefit. I think what you're doing with bitcoin, and I'm sure others will agree, that the price will be very important

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Quote from: bamboylee on November 27, 2016, 11:00:35 AM

Quote from: Mastsetad on November 27, 2016, 10:21:54 AM

Quote from: Farma on November 27, 2016, 10:11:55 AM

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

You are right. When the price of bitcoin was just cents, no one cares about it. But now that the price has risen to this level, everyone wants it. It is the same technology back then, the only difference is the price. So, price does matter.

I would even add that it is a future price that matters most

Just like you said, no one was giving a fuck about Bitcoin when its price was just cents because they didn't know what its future price would be. If it would have been the same cents they would still be not giving a damn about it. But things would be totally different if people were able to correctly evaluate the Bitcoin potential back then

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Yes,the price of Bitcoin matters to me,because it means more merchants and company are adopting this currency and many transactions are going through,we all know that supply is very limited and the more people using it,the demand goes up.

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Quote from: TheUltraElite on November 27, 2016, 10:48:51 AM

Quote from: verdun2003 on November 27, 2016, 10:46:26 AM

Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
because I know the price will increase more in the future.

It is the common interest of all traders to buy when prices are low and sell when prices rise in order to make money and get rich Grin

The main attraction for the traders is the fluctuating price and thus it continues to fluctuate even more. This makes bitcoin more attractive for potential traders and eventually more people begin to use it.

I think the relationship is inverse

Traders are supplying liquidity to the markets, and more liquidity means less volatility overall. If trading volume increases, every price change will be associated with more trades and higher amount of bitcoins traded. In other words, if some whale (or a group of whales) decides to move the price, they would have to use more funds since more individual players will be in opposition, so to speak. In this way, adding liquidity to the market makes price fluctuations less severe

Palodar

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Quote from: saiha on November 27, 2016, 09:27:52 AM

Quote from: freedomgo on November 27, 2016, 12:55:25 AM

Quote from: whaSasd on November 26, 2016, 06:49:10 PM

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.

Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

Yeah bitcoin is for every body that wants to use it for real. And of course if value of bitcoin is going to be nothing then no one will get interested to it.

But it seems that many are being attracted to bitcoin as the price is keep on increasing this makes the bitcoin to become attractive.

So the price of bitcoin really matters for all of us who are using it for real.

EXACTLY! thats why mass adaption is oncreasing because the value of btc is increasing too. People wants to earn more while doing what they're goes to. As for me Id like using internet for long and its really fun that I knew a way that I can earn using it.

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The price of bitcoin really does matters. If the price of bitcoin increases significant enough, your income in the bitcoin world will decrease. For example, here in Betcoin.ag, they reduced their payment per post because of the recent price increase. Same as when the price of bitcoin decreases, the payment will increase in bitcoin form. Almost everyone in here are looking forward into seeing the bright future of bitcoin which includes mass adoption and huge price increase.

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Quote from: sobsitesearch on November 28, 2016, 02:34:43 AM

Bitcoin price is always matters for all users because this is our basis for our investment we can see here if we are earning or losing our income. We are hoping that the value of bitcoin to be continuous increasing to get us higher income.

Yes I agree with you mate. For us, users in bitcoin community are aiming to have the price of bitcoin getting even more higher.. and I'm really expecting to get it to atleast $1000 till early next year.

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Bitcoin price is always matters for all users because this is our basis for our investment we can see here if we are earning or losing our income. We are hoping that the value of bitcoin to be continuous increasing to get us higher income.

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The price of bitcoin were one of the main reasons to people invest at bitcoin mining rigs, their cloud companies, their investement at bitcoins, because all do wanna to make money with bitcoin. Thats why you do trade and invest at crypto world to make mone, soo if you start with 5 btc worthing 1000 dollars, and the same now worthing 3000 dollars sure it will matters there is no way to say the value of bitcoin doesnt affect your decisions, and transactions.

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The price really matters to attract a lot of users. Just take the example that when it reached 1k USD once, a lot of people got attracted towards it as an investment source because media hyped this hard, and it is again the time bitcoin is to reach there once again.

verdun2003

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Quote from: bamboylee on November 27, 2016, 11:00:35 AM

Quote from: Mastsetad on November 27, 2016, 10:21:54 AM

Quote from: Farma on November 27, 2016, 10:11:55 AM

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

You are right. When the price of bitcoin was just cents, no one cares about it. But now that the price has risen to this level, everyone wants it. It is the same technology back then, the only difference is the price. So, price does matter.

You are absolutely right! I wonder what's the price of bitcoin at its early years? Since it started in 2008 and the price now has been increased to $735 I wonder and excited to it's price in the next years.

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Quote from: Farma on November 27, 2016, 10:11:55 AM

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

Of course, bitcoin price is important because it is in price we are basing our decisions whether to sell or not. Whether we have a profit or no. It is an indicator also where the market is heading, if we analyse its previous movement.

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Quote from: Mastsetad on November 27, 2016, 10:21:54 AM

Quote from: Farma on November 27, 2016, 10:11:55 AM

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

You are right. When the price of bitcoin was just cents, no one cares about it. But now that the price has risen to this level, everyone wants it. It is the same technology back then, the only difference is the price. So, price does matter.

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Quote from: verdun2003 on November 27, 2016, 10:46:26 AM

Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
because I know the price will increase more in the future.

It is the common interest of all traders to buy when prices are low and sell when prices rise in order to make money and get rich Grin

The main attraction for the traders is the fluctuating price and thus it continues to fluctuate even more. This makes bitcoin more attractive for potential traders and eventually more people begin to use it.

verdun2003

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Yes it is. Because of rapidly increasing of price of the bitcoin people are now more interested in earning it. I myself, wants to earn more
because I know the price will increase more in the future.

bitcoinisbest

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If anybody says no will actually not be the fact because unless you get paid in btc and directly on the spot get it exchanged than it wont matter else if you invest in btc 100% price matters because that decides whether they growing rich or becoming poorer in their portfolio.

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Quote from: Farma on November 27, 2016, 10:11:55 AM

the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

The reason why your focus is on collecting more and more bitcoins is only because it has a high price, so the thing comes back to the price again which proves that the price does matter in bitcoin, without this price bitcoin would not have been so popular in the world.

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the current price of bitcoin is important, even those who have been willing to withstand many bitcoin they have to wait for bitcoin price increases, however, this time I'm not considering it. now my main goal is to collect a lot of bitcoin, regardless of price. Well, I always think optimistic, because I know, certainly bitcoin prices will slowly rise.

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Quote from: whaSasd on November 26, 2016, 06:49:10 PM

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.

I think this will take time. To be able for the price to be stable, it should meet some saturation point. As long as there are huge potential new comer to bitcoin, the price will always stay volatile.

Quote from: freedomgo on November 27, 2016, 12:55:25 AM

Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

Same way it was not created to investors alone.

Quote from: wheelz1200 on November 27, 2016, 02:17:59 AM

Does the price matter, i guess to some extent but for me its more about the stability and growth that is more important to me at this time.

In general this is the most important but well I'm just a trader, i should maximize my profit if I can.

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Quote from: freedomgo on November 27, 2016, 12:55:25 AM

Quote from: whaSasd on November 26, 2016, 06:49:10 PM

Yes it matters. If it's too volatile, merchants won't feel comfortable accepting it as its too much of a risk. Easy answer here. It could be years before bitcoin stabilizes, if ever.

Bitcoin was not only created for the merchant, if merchant is happy for sure traders and investors are happy with the volatility of bitcoin.

Yeah bitcoin is for every body that wants to use it for real. And of course if value of bitcoin is going to be nothing then no one will get interested to it.

But it seems that many are being attracted to bitcoin as the price is keep on increasing this makes the bitcoin to become attractive.

So the price of bitcoin really matters for all of us who are using it for real.

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