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Topic: Does the Price of Bitcoin Matter? - page 99. (Read 304503 times)

hero member
Activity: 756
Merit: 501
November 12, 2016, 05:05:51 AM
I dont believe you are soo blind, if something does cost 2 dollars and bitcoin worthing 600 dollar, you will spend around 0,003btc, if bitcoin were worthing 700 dolalrs you will spend 0,0024btc, soo this make difference as long you do trade and exchange your coins.
hero member
Activity: 756
Merit: 505
November 12, 2016, 04:33:45 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.
legendary
Activity: 3248
Merit: 1160
Playbet.io - Crypto Casino and Sportsbook
November 12, 2016, 01:47:45 AM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.

And I guess that a big threat to them who are already in the business of finance like banks, they are really unaware at its first launching days but as the day goes by. The price of bitcoin is getting it seriously for it is increasing rapidly since its launching day. For sure if they cannot stop bitcoins rapid popularity and growth, they can just simply adopt it.

Banks can still benefit with bitcoin as when the transaction of bitcoin increases bank transactions as well increases. Remember we do rely on fiat since bitcoin is not regulated and we cannot spend it anywhere especially for our basic needs.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
November 12, 2016, 12:59:12 AM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.

And I guess that a big threat to them who are already in the business of finance like banks, they are really unaware at its first launching days but as the day goes by. The price of bitcoin is getting it seriously for it is increasing rapidly since its launching day. For sure if they cannot stop bitcoins rapid popularity and growth, they can just simply adopt it.


they can never adopt bitcoin because bitcoin is unlike fiat decentralized and it is already spread among people around the world enough that they can not become a whale of the same size they are in fiat world that easily. they may some day offer services to make more money but nothing more.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 11, 2016, 04:01:06 PM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
While the financial system is extremely powerful, bitcoin is in my opinion something that took them by surprise, they did not saw it coming and they are still trying to figure out what to do with it, so even if the chance of bitcoin changing the system is very small the chance is not zero because we are still here making use of this crypto currency.
hero member
Activity: 1036
Merit: 514
November 11, 2016, 06:50:27 AM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.
Agree, bitcoin price is the most important interest in bitcoin, as people come to invest on bitcoin and expecting some profits.
Bitcoin is future currency of financial system which now we can send money to anyone, anywhere in the world more faster, secure, and low fees. So, in the next years later bitcoin price should be increasing and more people invest on bitcoin.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
November 11, 2016, 06:22:30 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.
Yes you are right, bitcoin will have no value without price, the fact is most of people are interested with bitcoin price. The price is really potential to rise. Trader will get enough profit by fluctuation price. So I think it is really important.
Well if you are one of the traders in the crypto you will really feel that the price matters and actually we do want to see the price always move in different direction so we will be able to take advantage on it and make easy money. Without a price bitcoin will not be popular as now.
hero member
Activity: 574
Merit: 500
Any store can buy, sell, and accept Crypto
November 11, 2016, 03:57:33 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.
Yes you are right, bitcoin will have no value without price, the fact is most of people are interested with bitcoin price. The price is really potential to rise. Trader will get enough profit by fluctuation price. So I think it is really important.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
November 11, 2016, 01:12:21 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.

I have to agree with that. A thing is being valued based on how much expensive it is. That is how the world goes. We cant see a thing now that is truly valuable without spending a lot of money. So it does matter always.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
November 11, 2016, 12:55:15 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
Not only for traders but all of us who are using bitcoin. The topic simply says does the price matter? so even if there will be no changes in the price, it will still matter because that's our gauge to determine the value of bitcoin we have. Bitcoin will be worthless if without a price.
hero member
Activity: 1372
Merit: 503
November 11, 2016, 12:00:32 AM
Quote
Does the Price of Bitcoin Matter?

The price does not matter...the change of price does matter.


im agreed with you brother the changes of the price of bitcoin does matter for us and for those traders who trading bitcoin into usd and usd into bitcoin for them it is really good coz they making making or profit there. But for us holders you know the reesult.
hero member
Activity: 504
Merit: 500
November 10, 2016, 11:40:05 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.
people buy and sell bitcoin course they will wait for the right price, if bitcoin does not have a price of course people will not be able to di sale and purchase transactions, so the price is definitely important
legendary
Activity: 2954
Merit: 1153
November 10, 2016, 11:15:30 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.

For investors whose purpose is to sell BTC at higher price, I agree price of BTC matters but for an establishment or company to adopt bitcoin, there is far more deeper things that is matter than the price itself.  Big company would like to have a system that will never be hacked, user friendly and have full time support from the developer.  They can afford the price and bitcoin price is universal.  Company is more concern to stability of the program, and the future development of it.
member
Activity: 71
Merit: 10
November 10, 2016, 09:57:30 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.
full member
Activity: 238
Merit: 100
November 10, 2016, 09:46:18 PM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
With the increasing number of users and the financial institutions that used the bitcoin, I am very sure that bitcoin can also change the financial system. Sometimes what we think is imposible for now, but be posibble in the future. Bitcoin is one of financial reform.
legendary
Activity: 1232
Merit: 1091
November 10, 2016, 06:25:11 PM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.

Bitcoin can't change the financial system. Mainly because of the fact that it won't be granted such a chance. Knowing that, we can only hope that institutions and other organizations will incorporate the blockchain as technology. It of course won't be Bitcoin's blockchain, but if this helps the financial system forward in the way that it benefits people, then it's a great change of course.
hero member
Activity: 756
Merit: 501
November 10, 2016, 06:15:22 PM
it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I do understand that point of view, at yobit signature i do believe is the only one that hasnt changed their rates when bitcoin price went from 400 to the current value, as for them they are paying the same ammount, but for us it does makes a huge difference, earn 70 dollar, or earn 120 dollar currently the max ammounts we can earn. Since yobit does charge their fees into bitcoin it doesnt affect them at all.
good luck earning $100 ,but you must be having sore fingers Smiley it all depends upon how the campaign owner decides ,yobit being an exchange does have a fixed budget for advertisement and they will be happy with it if their desired results are achieved

I dont wanna make it restricted to yobit, i had used yobit just to show how the fluctuation of bitcoin does affet the people inside the signatures, others has dropped their rates, i remember someome say : if i pay 20 weekly why should i pay 40 dollars for the same service? In the end the price of bitcoin will always matters for all.
sr. member
Activity: 448
Merit: 250
November 10, 2016, 05:56:54 PM
it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I do understand that point of view, at yobit signature i do believe is the only one that hasnt changed their rates when bitcoin price went from 400 to the current value, as for them they are paying the same ammount, but for us it does makes a huge difference, earn 70 dollar, or earn 120 dollar currently the max ammounts we can earn. Since yobit does charge their fees into bitcoin it doesnt affect them at all.
good luck earning $100 ,but you must be having sore fingers Smiley it all depends upon how the campaign owner decides ,yobit being an exchange does have a fixed budget for advertisement and they will be happy with it if their desired results are achieved
legendary
Activity: 1484
Merit: 1004
November 10, 2016, 05:56:19 PM
Of course it matters mosf people also came to bitcoin because of its price volatility which makes it a good investments.  The other features of bitcoin is just a second reason why they become a bitcoin user.

If bitcoins price goes $1 or even hit 0, bitcoin will just vanish like other altcoins.  That is why IT MATTERS!
yeah price really matter for most of bitcoin user , as they take an advantage from it
but for a revolutionist bitcoin is more than just about only money
bitcoin could give mankind to step forward more than a political expression
bitcoin for better financial system.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 10, 2016, 04:51:43 PM
it depends...
When i offer 20000 satoshi daily i offer 20000 satoshi daily if the bitcoin price is high or low...
in this situation the price of bitcoin does not matter.
I think when they only collect bitcoin only and does not sell, the price may not be a problem, but when they try to trade certain exchange rate and the price will be very important
I think for all users the price of bitcoin matters even the collector of bitcoin without investment, we all are here to generate income what would be the basis if the price of bitcoin does not matter?

Yeah you're right. The basis of profits we could get from bitcoin depends on its price. So the price of bitcoin really matters especially on those who engage in trading and for those who make investments on it. For those make a living from it, like me, bitcoin's price really matters because my income depends on the daily rate exchange of bitcoin. Particularly that I usually convert it.
And also the price is the measurement on how much value of bitcoins we are holding. Price of bitcoin that is solely base on fiat is the standard measurement of our assets so basically speaking it there is no price at all then bitcoin would be worthless.

Simple as that, direct answer shall give more clear view of the readers especially the newbies.
Don't make the mistake of confusing price with value, bitcoin has a fiat price but its value can be measure in may ways and not only fiat, for example we could use gold or silver to measure the value of bitcoin, we could even use tomatoes, milk, oil or anything for that matter, so even if you could not put a price in fiat does not mean that bitcoin does not have value.
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