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Topic: Is the price of bitcoin important? - page 2. (Read 4149 times)

hero member
Activity: 714
Merit: 531
July 13, 2016, 09:45:11 PM
Price affects how people perceive Bitcoin and it's success while that may be a smart way, this is how most people think, so yes.
I think the price is very important to all users specially who have big amount of investment because all of us looking for the profit from the price of bitcoin and that is why we are continue to keep our bitcoin in our wallet cause we want to increase our profit and we are wishing for the price got doubled again for a long time of period.
sr. member
Activity: 448
Merit: 250
BetcoinRakeback.com
July 13, 2016, 09:15:02 PM
Price affects how people perceive Bitcoin and it's success while that may be a smart way, this is how most people think, so yes.
legendary
Activity: 1442
Merit: 1008
July 13, 2016, 09:14:22 PM
Yes it is very important, one of the reason people investing and using bitcoin is because of the price
Bitcoin has become source of income for some people, with the stable price the people economic condition will improved
so far people only interested to the bitcoin price but soon or later people would understand how useful bitcoin more than just an investment place and more than a stock market. for now it's important to make bitcoin price keep growing .
hero member
Activity: 1372
Merit: 503
July 13, 2016, 08:38:44 PM
Yes it is. The price of the bitcoin may be vary. But it is so very important. Because that's one of the basis for trading sites. Other trading sites don't offer more about other cryptocurrencies but Bitcoin is so broad, this cryptocurrency can be a bridge to convert your dogecoin or some other cryptocurrencies into US Dollar. Some other sites knows that Bitcoin price is so high right now. So this will cause to higher conversion bonus.
sr. member
Activity: 644
Merit: 264
Aurox
July 13, 2016, 08:35:19 PM
why whouldn't matter? everything with utility has value so more utility higher price.
if the whole planet start to using bitcoin we would see a big pump.
Ya it matters, attracts attention of media = attention of people = more people using bitcoin = higher price = bitcoin FTW


Yes, it all adds up the more the users the more the demands and the more the demands the more the price becomes higher. That is the rule of supply and demand and you have explained in a simple way. Business Logic will tell us that the price is the very reason why commodities are being traded and why people are interested in investment and many other things. Like bitcoin without the price its just useless.
hero member
Activity: 1274
Merit: 516
July 13, 2016, 08:22:28 PM
Yes it is very important, one of the reason people investing and using bitcoin is because of the price
Bitcoin has become source of income for some people, with the stable price the people economic condition will improved
hero member
Activity: 924
Merit: 1000
July 13, 2016, 07:50:36 PM
Yes the price of bitcoin is so important especially to traders who earn profit with the volatility of it, if the price of bitcoin is stable it's good for us but for trader they want the dynamically  value of it.
Price is really important not only for the traders but also for the normal users who are earning bitcoin as they will prefer to sell only when price goes higher.
hero member
Activity: 714
Merit: 528
July 13, 2016, 06:56:28 PM
The price is of course important, Investor need to know about the future of bitcoin Smiley
Nobody want to invest in a dying currency Tongue

As user like me it's important also, since bitcoin has not been available worldwide as payment method I will need to convert it into my currency, if the price are on the roof I would make a good profit from my job Smiley

Although I would love to see the price drop so I can grab myself a cheap coins Tongue
TGD
hero member
Activity: 1288
Merit: 620
Wen Rolex?
July 13, 2016, 06:47:24 PM
Yes the price of bitcoin is so important especially to traders who earn profit with the volatility of it, if the price of bitcoin is stable it's good for us but for trader they want the dynamically  value of it.
hero member
Activity: 854
Merit: 500
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.
legendary
Activity: 2464
Merit: 1102
July 13, 2016, 03:23:02 PM
The price is important to me because I bought some bitcoin a couple of years ago and I an holding on to it. I don't want to sell it until it goes way up in value.
in this respect it is not only important for you. but for every one. because every one has invested money here and every one wants the price to be increase. but you hare holding it for for such a long time that is really interested.

Buying and selling decisions are dependent on the price, so yes price of bitcoin is really important for all of us as its only price that will allow us to make profits.
full member
Activity: 224
Merit: 100
July 13, 2016, 03:15:44 PM
The price is important to me because I bought some bitcoin a couple of years ago and I an holding on to it. I don't want to sell it until it goes way up in value.
in this respect it is not only important for you. but for every one. because every one has invested money here and every one wants the price to be increase. but you hare holding it for for such a long time that is really interested.
hero member
Activity: 798
Merit: 500
July 13, 2016, 01:54:55 PM
#99
Yes its very important many investor invest in bitcoin so that time to time they check the price of bitcoin cause almost investor holder alot of bitcoin so if bitcoin getting high theres a lot of selling.
AHowever, when people start to use it to replace money, hold it as asset and join mining for profit, price becomes an important factor for the participants to continue with bitcoin.Now start earning bitcoin.
legendary
Activity: 3332
Merit: 1404
Join the world-leading crypto sportsbook NOW!
July 13, 2016, 01:43:50 PM
#98
I want to habe btc to exchange them into my local non-crypto currency, so in such a case btc price is quite a big deal
sr. member
Activity: 252
Merit: 250
July 12, 2016, 12:08:05 PM
#97
The price is important to me because I bought some bitcoin a couple of years ago and I an holding on to it. I don't want to sell it until it goes way up in value.
yes of course it will be important for you and i think not only for you but for all the people. because most of the people have invested their investmen there. but i think it is also important for the bitcoin itself. because if the price is increasing or even remain stable. i am hopeful that the value of bitcoin will increasing.
full member
Activity: 238
Merit: 100
July 12, 2016, 10:51:39 AM
#96
The more the price is the more the profit would be. All are saving money hoping on the price increase. We expect the price should still go high. The price is important to see more money in the wallet.
sr. member
Activity: 252
Merit: 250
July 11, 2016, 01:50:47 PM
#95
yes the price of bitcoin has a very deep effect on the value of bitcoin. if the price is increasing or even remain constant then indefinably people will take interest in investing in bitcoin. otherwise they will lose their confident and will not invest in bitcoin.
full member
Activity: 238
Merit: 100
July 11, 2016, 12:51:53 PM
#94
For me yes I expect this to be. It depends only on the price increase to see good profit after saving BTC for a long time. The more the price is the more the benefit would be. I am saving BTC for now to see a good profit.
hero member
Activity: 756
Merit: 500
July 09, 2016, 09:45:39 AM
#93
Bitcoin price is definitely important because it is an investment.

There's really no point in investing in bitcoins if it's price would stay the same all throughout or if the price would just drop. Both the fluctuations and the increase of bitcoin's value is important for us traders because it's a way for us to make profit. And that's actually what we love about bitcoin. The price is volatile.
hero member
Activity: 924
Merit: 500
July 07, 2016, 07:00:58 AM
#92
Yes it is! because if the price reach $1000 for sure everybody will be happy,..and if ever there is a fluctuation happening in the price whether it decrease they will have an Idea to hold and wait for the price value will become high then trade of course. Cheesy
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