Does the Price of Bitcoin Matter? - page 98.

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Quote from: puremage111 on November 20, 2016, 02:03:24 AM

of course, pump and dump, bitcoin usage, everything is because of its value

i guess in easy word they means about how important price for most people?
if then the price of bitcoin keep on low lines would it as popular as in high lines?
and the answer will be of course important ,
value always be an indicator on what people interested at .

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Price of bitcoin also matters however we also have to look at purchasing power of bitcoin over time. Due to unlimited supply of fiat it is obvious that all fiats will loss its value and due to which price of bitcoin in terms of fiat should also increase in same ratio to maintain its purchasing power. Looking at the growth of price, it has maintained its purchasing power throughout all this years just like gold had did.

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In my point of view, there is no problem about the price of the bitcoin which can give bad affects for me. Even the fluctuations of bitcoin's price is give a profit by doing trading. It is so profitable for trader like me even though i am not a big trader but it still should be grateful.
Besides if that , usually i am always store my bitcoin payment from Signature campaign to my wallet in online, when the price goes up my money also increase value if i see it in dollars.

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of course, pump and dump, bitcoin usage, everything is because of its value

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Quote from: Aamir1 on November 12, 2016, 01:54:44 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

bitcoin matter in both condition either you are gong to buy or sell, bitcoin depend on its price, people entering in the field of bitcoin and they are investing their money in bitcoin as they think that the price is expecting to increase in next few months. if the price is dropping then no one is attracting toward bitcoin and will never like to invest their assets here, therefore to me the price of bitcoin really matter.

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Quote from: TheUltraElite on November 12, 2016, 02:07:58 PM

Quote from: Aamir1 on November 12, 2016, 01:54:44 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

Price matters most in trades and exchanges. People prefer to sell at a higher price than buy which is obviously at a lower price. The price is the main attraction for the traders who trade on the market everyday.

However bitcoin shops and stores prefer the more stable price and people prefer to buy bitcoin at lower price as well.

yes, the traders only want the high price for bitcoin and they will sold their bitcoin to get profit and this is why the price of bitcoin is really important for us. with the price for now, i think the trader will wait for a little time and they will hold it or just put some satoshi to trade with altcoins and make their bitcoin growth and if the time is come, they just sold their stock of bitcoin.

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Quote from: bitdumper on November 12, 2016, 02:11:24 PM

for me it hardly interfare i like when bitcoin price is almost stable i dont care much when it move about 5$ up or down its ok with me i can manage that little loss or profit anyway when it comes to trading only then i care about the price yes i have to wait many times to get the desired price

Yes, being a trader a little profit or loss is nothing and the case is same for long term investor. It actually doesn’t matter if the price is increasing or decreasing because even newbies are aware that bitcoin is the crypto-currency with high volatility so little ups and downs won’t bring much effect. I see price volatility with the positive approach because it shows that people are constantly trading bitcoin and that is a very good sign of people’s interest in bitcoin. I consider movement is growth and price fluctuations shows that bitcoin is moving from one point to another and indirectly it’s growing.

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Quote from: groll on November 19, 2016, 11:35:23 PM

Quote from: Amph on May 13, 2015, 10:50:50 AM

it matter more than many think

a better price means more miners, the network is more secure
a better price means more adoption, if there will be a better price is because the adoption is increased
a better price means a better purchasing power, who own few bitcoin has a better chance to buy more thing

Yes!i agree!price was very important!all miners are depending on price. That's why they choose to mine or invest on bitcoins due to it price.if the price gets lower, miner starts to buy bitcoins and save, then if the price gets high, miners starting to sell thier bitcoins. Many people adopts bitcoins because of conyinously increasing of its price.

groll

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Quote from: Amph on May 13, 2015, 10:50:50 AM

it matter more than many think

a better price means more miners, the network is more secure
a better price means more adoption, if there will be a better price is because the adoption is increased
a better price means a better purchasing power, who own few bitcoin has a better chance to buy more thing

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Quote from: LuanX3 on November 12, 2016, 10:35:20 PM

Quote from: Caladonian on November 12, 2016, 10:11:08 PM

Quote from: Maslate on November 12, 2016, 09:59:59 PM

Quote from: to1ga on November 12, 2016, 09:13:06 PM

Quote from: South Park on November 12, 2016, 05:08:38 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.

Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.

This is what I was talking about. Some people will not care about the price because of the price of Bitcoin at the time they bought it and used it is irrelevant. They were not there to invest into it but to use it for some other purpose like gambling or buying something.

Definitely for people who just use bitcoin for gambling does not care so much, they are more concern if they can win or not and bitcoin for them is just a currency but not an investment like the traders are investors are thinking.

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Quote from: Caladonian on November 12, 2016, 10:11:08 PM

Quote from: Maslate on November 12, 2016, 09:59:59 PM

Quote from: to1ga on November 12, 2016, 09:13:06 PM

Quote from: South Park on November 12, 2016, 05:08:38 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.

Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.

This is what I was talking about. Some people will not care about the price because of the price of Bitcoin at the time they bought it and used it is irrelevant. They were not there to invest into it but to use it for some other purpose like gambling or buying something.

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Quote from: Maslate on November 12, 2016, 09:59:59 PM

Quote from: to1ga on November 12, 2016, 09:13:06 PM

Quote from: South Park on November 12, 2016, 05:08:38 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.

Good point mate in a gamblers mind price is not really a matter because they will still play whatever the price are we cant say in their point of view but in the way traders look at it price always our concern we always wants to place our entry in a lower price to have good earnings.

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Quote from: to1ga on November 12, 2016, 09:13:06 PM

Quote from: South Park on November 12, 2016, 05:08:38 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

I understand we are not all traders or investors here, so the demand is not solely base on us. It's base on the entire need of the market, the people in the gambling industry are one of the demand creators, people coming in to gamble with bitcoin and they are increasing as they see bitcoin is very easy to use and no limitations at all.

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Quote from: South Park on November 12, 2016, 05:08:38 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

Yeah price is an major concern in bitcoins as our actions will depend only on the price of bitcoins, as everyone follows the simple rule buy low and sell high, as no one will prefer to sell their coins at lower price then they bought, so I think price of bitcoin really matters each and every bitcoiner.

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Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

Exchanging your bitcoin for products or services is a way to trade your bitcoin and in any trade the price is important, when I want to buy something with bitcoin I wait until I see a price rise that way I get more bang for my bitcoin.

bitdumper

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for me it hardly interfare i like when bitcoin price is almost stable i dont care much when it move about 5$ up or down its ok with me i can manage that little loss or profit anyway when it comes to trading only then i care about the price yes i have to wait many times to get the desired price

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Quote from: Aamir1 on November 12, 2016, 01:54:44 PM

Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

Price matters most in trades and exchanges. People prefer to sell at a higher price than buy which is obviously at a lower price. The price is the main attraction for the traders who trade on the market everyday.

However bitcoin shops and stores prefer the more stable price and people prefer to buy bitcoin at lower price as well.

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Quote from: LuanX3 on November 12, 2016, 05:33:45 AM

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

LuanX3

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Quote from: betohell on November 12, 2016, 06:14:38 AM

Quote from: Antesth on November 10, 2016, 10:57:30 PM

Yes it matters and its very important for the users of the bitcoin, we need the price to stay having the demand.
The bitcoin is bought and sold on the price so yes we need it.

we need to bitcoin prices still have demand, because without the price would not be the person who will be using bitcoin, whatever your destination using bitcoin will always use the price

I didn't get what you have said. But judging by it, it seems you are saying that prices are relevant to anybody wherever they are if they want to use bitcoins. Bitcoin prices are important to people transacting with it. However, if you are just a casual user of bitcoin, you might not care about it because you will just be using it as a medium of payment of sorts.

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Quote from: Antesth on November 10, 2016, 10:57:30 PM

Yes it matters and its very important for the users of the bitcoin, we need the price to stay having the demand.
The bitcoin is bought and sold on the price so yes we need it.

we really need to bitcoin prices still have demand, because without the price would not be the person who will be using bitcoin, whatever your destination using bitcoin will always use the price

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