Is the price of bitcoin important? | Bitcointalksearch.org

pooya87

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Quote from: harbin55 on July 20, 2016, 10:27:10 PM

Quote from: Cast12 on July 20, 2016, 10:20:25 PM

The price of bitcoin may be important to an investor, but for me personally, it doesn't matter since I just use it as a currency.

What does that even mean? You buy bitcoins with $, then use it as "currency" to pay a merchant, who turns around and immediately liquidates it for $?

What's the point? Bitcoin is digital gold. Someday people will realize that adoption at the consumer/merchant level is just not important. Peer-to-peer digital gold.

well, that is two totally different views about bitcoin. many only believe in bitcoin as a p2p cash so the price is not so much important as long as you are taking advantage of what bitcoin is offering you as a currency like the anonymity and cheap money transfer to any place in the world.

but also as an investor for example the price is the most important thing because you wouldn't want to buy something that swings around everyday and you lose money.

harbin55

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Quote from: Cast12 on July 20, 2016, 10:20:25 PM

The price of bitcoin may be important to an investor, but for me personally, it doesn't matter since I just use it as a currency.

What does that even mean? You buy bitcoins with $, then use it as "currency" to pay a merchant, who turns around and immediately liquidates it for $?

What's the point? Bitcoin is digital gold. Someday people will realize that adoption at the consumer/merchant level is just not important. Peer-to-peer digital gold.

Cast12

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The price of bitcoin may be important to an investor, but for me personally, it doesn't matter since I just use it as a currency.

BeGoods

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Quote from: Btcvilla on July 15, 2016, 03:04:15 PM

The price of Bitcoin is very important.

If the price drops by 50% it means my spending power drops by 50%

If it drops enough, people will leave it.

yeah probably most people will leave because bitcoin prices are very low. but if the price is only down 50% I think people are still able to tolerate it and hold bitcoin them to rise again. a low price does not necessarily make the most bitcoin users become afraid. But still the price is very important

trickshot22

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Quote from: bravehearth0319 on July 16, 2016, 10:46:39 AM

Bitcoin price is very important to all member in this forum, for them to find out if there going to trade their Bitcoins or there gonna still holding it. Stable price in it is also very important. Because with this they will be aware even the diffrent media or social media about the update too.

of course the price really matters for people, people like to see the bigger prices thus they usually buy their bitcoin when the coin is being pumped up in order to make profit

Maesters1-

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Quote from: serjent05 on July 16, 2016, 11:31:09 AM

Quote from: BitcoinHodler on July 16, 2016, 11:24:49 AM

Quote from: PokerFace3 on July 15, 2016, 06:05:54 PM

Quote from: Superbitzz on July 15, 2016, 04:01:27 PM

Quote from: daringdiscovered on July 14, 2016, 01:08:14 AM

Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

i also agree with you. i think the whole game is around the price of bitcoin. if the price of bitcoin start decreasing then no one will be able to stop it. i think people will lose their confident and they well then never like to invest in bitcoin. therefore it is more important that the price of bitcoin must stay. and remain stable.

Bitcoins price do matter because most people are involved with bitcoins as investments. If the price starts decreasing then the people will have loss. Then they will lose confident over it. Yaa so the bitcoins price do matter. I think it will have less importance for price if many people start to use it as currency.

i think there are many traders that do not care which way bitcoin is going, and only care about the change. so as long as there is a change whether it is going up or going down they are going to make a profit out of it.

but for those who are using bitcoin, and like to see it mostly as a currency the stable price with very little fluctuation is the dream.

I think I can say that they care for bitcoin price too much about the price of Bitcoin. When will it go down, or when will it go up. They even monitor it closely because it dictate when they will sell Bitcoin and when they will buy it. Remember trader's motto, Buy low Sell high! So price of bitcoin really matters for them

yes that is true. the price of bitcoins is really important. if the price of bitcoin is increasing then people will take interest in it. and if the price start downfall then the people will not take any interest in it.

serjent05

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Quote from: BitcoinHodler on July 16, 2016, 11:24:49 AM

Quote from: PokerFace3 on July 15, 2016, 06:05:54 PM

Quote from: Superbitzz on July 15, 2016, 04:01:27 PM

Quote from: daringdiscovered on July 14, 2016, 01:08:14 AM

Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

i also agree with you. i think the whole game is around the price of bitcoin. if the price of bitcoin start decreasing then no one will be able to stop it. i think people will lose their confident and they well then never like to invest in bitcoin. therefore it is more important that the price of bitcoin must stay. and remain stable.

Bitcoins price do matter because most people are involved with bitcoins as investments. If the price starts decreasing then the people will have loss. Then they will lose confident over it. Yaa so the bitcoins price do matter. I think it will have less importance for price if many people start to use it as currency.

i think there are many traders that do not care which way bitcoin is going, and only care about the change. so as long as there is a change whether it is going up or going down they are going to make a profit out of it.

but for those who are using bitcoin, and like to see it mostly as a currency the stable price with very little fluctuation is the dream.

I think I can say that they care for bitcoin price too much about the price of Bitcoin. When will it go down, or when will it go up. They even monitor it closely because it dictate when they will sell Bitcoin and when they will buy it. Remember trader's motto, Buy low Sell high! So price of bitcoin really matters for them

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Quote from: PokerFace3 on July 15, 2016, 06:05:54 PM

Quote from: Superbitzz on July 15, 2016, 04:01:27 PM

Quote from: daringdiscovered on July 14, 2016, 01:08:14 AM

Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

i also agree with you. i think the whole game is around the price of bitcoin. if the price of bitcoin start decreasing then no one will be able to stop it. i think people will lose their confident and they well then never like to invest in bitcoin. therefore it is more important that the price of bitcoin must stay. and remain stable.

Bitcoins price do matter because most people are involved with bitcoins as investments. If the price starts decreasing then the people will have loss. Then they will lose confident over it. Yaa so the bitcoins price do matter. I think it will have less importance for price if many people start to use it as currency.

i think there are many traders that do not care which way bitcoin is going, and only care about the change. so as long as there is a change whether it is going up or going down they are going to make a profit out of it.

but for those who are using bitcoin, and like to see it mostly as a currency the stable price with very little fluctuation is the dream.

bravehearth0319

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Bitcoin price is very important to all member in this forum, for them to find out if there going to trade their Bitcoins or there gonna still holding it. Stable price in it is also very important. Because with this they will be aware even the diffrent media or social media about the update too.

PokerFace3

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Quote from: Superbitzz on July 15, 2016, 04:01:27 PM

Quote from: daringdiscovered on July 14, 2016, 01:08:14 AM

Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

i also agree with you. i think the whole game is around the price of bitcoin. if the price of bitcoin start decreasing then no one will be able to stop it. i think people will lose their confident and they well then never like to invest in bitcoin. therefore it is more important that the price of bitcoin must stay. and remain stable.

Bitcoins price do matter because most people are involved with bitcoins as investments. If the price starts decreasing then the people will have loss. Then they will lose confident over it. Yaa so the bitcoins price do matter. I think it will have less importance for price if many people start to use it as currency.

Doamader

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Sure the price of bitcoin is important but wont make me rich atleast isnt my expectation around it, i just wanna earn a portion where i can apply into my real life. I had asked the cost to make a project here at the forum and people say to me its xxx bitcoin to make it.

Superbitzz

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Quote from: daringdiscovered on July 14, 2016, 01:08:14 AM

Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

i also agree with you. i think the whole game is around the price of bitcoin. if the price of bitcoin start decreasing then no one will be able to stop it. i think people will lose their confident and they well then never like to invest in bitcoin. therefore it is more important that the price of bitcoin must stay. and remain stable.

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Quote from: Blackmet on July 13, 2016, 03:37:11 PM

Sure, if you are using some currency you should be interested in price at my opinion, it's very rare for me to see people who don't interested in price of currency.

perhaps the poor are not so smart would not be too concerned with the price of a currency, they may not know the value of their local currencies against the dollar. so I think the price would be important to those who know only the interests of the bitcoin prices

Btcvilla

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The price of Bitcoin is very important.

If the price drops by 50% it means my spending power drops by 50%

If it drops enough, people will leave it.

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daringdiscovered

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Of course yes, it decides how much we will get when we convert it to fiat. If we want to convert 100$ at the current price of more than 650$ i think it is less than 0.15 btc. But if its price drops to approximately 500$ then 100$ worth of btc is 0.2. The higher the value of bitcoin, it is easier to earn some amounts.

pandalion98

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Quote from: vero on July 13, 2016, 10:18:32 PM

Quote from: Edwardard on May 28, 2016, 10:37:15 PM

price of bitcoin is very much important for us. if bitcoin price goes high then we will be rich in no time. actually our total extra profit totally depends on the price. so we should not underestimate the price of bitcoin.

Rich? how many bitcoin you've can make you are richer when the price of bitcoin rise if only less than 50 it will not affect in your financial.

Well it can make someone a bit richer, but if someone doesn't have enough coins, it won't make much of a difference.

Imagine that you have 10 bitcoins. If the price rises by $40, you are already $400 richer without doing anything.

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Quote from: futurebit640 on July 14, 2016, 12:05:28 AM

Quote from: vero on July 13, 2016, 10:18:32 PM

Quote from: Edwardard on May 28, 2016, 10:37:15 PM

price of bitcoin is very much important for us. if bitcoin price goes high then we will be rich in no time. actually our total extra profit totally depends on the price. so we should not underestimate the price of bitcoin.

Rich? how many bitcoin you've can make you are richer when the price of bitcoin rise if only less than 50 it will not affect in your financial.

yes if the price of Bitcoin goes high we can not become rich unless we have some coins. But that price will full fill our daily expense. Yes, the price increase means we can sell that coins, and we use it for our personal use. Yes for me the price of Bitcoin is important.

if you have very few coins and if price increases means it wont make you rich, you should have enough coins with you to become rich. eventhough price matters a lot to its users that it will provide good profits if price increases.

futurebit640

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Quote from: vero on July 13, 2016, 10:18:32 PM

Quote from: Edwardard on May 28, 2016, 10:37:15 PM

price of bitcoin is very much important for us. if bitcoin price goes high then we will be rich in no time. actually our total extra profit totally depends on the price. so we should not underestimate the price of bitcoin.

Rich? how many bitcoin you've can make you are richer when the price of bitcoin rise if only less than 50 it will not affect in your financial.

yes if the price of Bitcoin goes high we can not become rich unless we have some coins. But that price will full fill our daily expense. Yes, the price increase means we can sell that coins, and we use it for our personal use. Yes for me the price of Bitcoin is important.

vero

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Quote from: Edwardard on May 28, 2016, 10:37:15 PM

price of bitcoin is very much important for us. if bitcoin price goes high then we will be rich in no time. actually our total extra profit totally depends on the price. so we should not underestimate the price of bitcoin.

Rich? how many bitcoin you've can make you are richer when the price of bitcoin rise if only less than 50 it will not affect in your financial.

Topic: Is the price of bitcoin important? (Read 4149 times)