Pages:
Author

Topic: Is the price of bitcoin important? - page 5. (Read 4155 times)

legendary
Activity: 1036
Merit: 1002
June 18, 2016, 01:31:03 AM
#51
The price of bitcoin is important because we are here earning bitcoin and if the price of bitcoin will rise many bitcoin user sell their so that they earned bitcoin will gained more profit and if the price of bitcoin will dump many bitcoin user invest their money so that they gained again money if the price wi rise again. So it is important to all of us because we gained money here.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
June 18, 2016, 01:30:10 AM
#50
Yes ofcourse if it is not important i think you are not interested on incoming halvening.
More of us here are giving importance in the price because we are looking for profit on it.
Yeah because of the price we are able to make a good profit. I'm also interested for that halving event because it's my first time to witness that kind of event because i just get started in last january 2016.
hero member
Activity: 826
Merit: 500
June 17, 2016, 08:03:35 PM
#49
of course it's important ! as we see the price of BTC has icreased  : 1 BTC = 739,2 USD .
hero member
Activity: 798
Merit: 1000
June 17, 2016, 07:44:14 PM
#48
The price of bitcoin is really important not only for the bitcoin itself but also for altcoins because they are pretty much realated to the bitcoin, if bitcoin is up then also mostly of other altcoins are up, if bitcoin price decreases then the value of altcoins decreases a bit. For early adopters the price is useful but not much important if they plan to sell after a long time.
hero member
Activity: 3136
Merit: 538
Leading Crypto Sports Betting & Casino Platform
June 17, 2016, 05:57:33 PM
#47
Of course yes.Bitcoins price is the only reason why people uses bitcoin and being adopted by people.If bitcoim not at that market mark maybe it will be a dead coin now if that price is reverse as it.
If bitcoin does not have a value will never to using bitcoin. something will get a recognition from our community if have a value to recognition this. it's why values it's important for bitcoin. that's will get a recognition from community.
full member
Activity: 121
Merit: 100
June 17, 2016, 05:45:13 PM
#46
Yes ofcourse if it is not important i think you are not interested on incoming halvening.
More of us here are giving importance in the price because we are looking for profit on it.
hero member
Activity: 868
Merit: 1000
June 17, 2016, 03:59:29 PM
#45
I think yes because this is just like the other currency fiat bitcoin price is very important. also the price of bitcoin is always depends in demand and supply.
So its important we also use it to trade.. just like other altcoin..

Yes and price is really important to make profits from it, and bitcoin is only in demand because it is holding higher value and if price drops to extreme level in future then many people will stop using it.
hero member
Activity: 924
Merit: 1001
June 17, 2016, 03:56:36 PM
#44
I think yes because this is just like the other currency fiat bitcoin price is very important. also the price of bitcoin is always depends in demand and supply.
So its important we also use it to trade.. just like other altcoin..
hero member
Activity: 840
Merit: 1000
June 17, 2016, 03:29:25 PM
#43
Bitcoin is virtual. You can't eat it, you can't touch it.
The only thing you can do with it is exchange it for something else.  And how much I get for my bitcoins is very relevant to me.
So yes, the price matters to me a lot.


Price of bitcoin is really important for all of us as it allows us to make profits, if bitcoin would not hold any value then majority of people would not be bother about bitcoin.
hero member
Activity: 910
Merit: 501
June 17, 2016, 03:20:26 PM
#42
Bitcoin is virtual. You can't eat it, you can't touch it.
The only thing you can do with it is exchange it for something else.  And how much I get for my bitcoins is very relevant to me.
So yes, the price matters to me a lot.
sr. member
Activity: 406
Merit: 250
June 17, 2016, 03:19:38 PM
#41
Price is really important, for people who holding bitcoins now from times when price was around $400 is already get $300 for free cause of price increasing.
legendary
Activity: 1148
Merit: 1048
June 17, 2016, 03:10:52 PM
#40
It's a currency. The price is the only thing that matters, to be honest. If bitcoin tanked, I would drop it like a hot potato. There is always a bleeding edge thing with promise to invest in, if you are shrewd.
full member
Activity: 196
Merit: 100
June 17, 2016, 02:54:26 PM
#39
yes ofcourse the price of bitcoin is too much important the bitcoin is improving because of its rate. as the rate of bitcoin is increasing the interest of the people is also increasing.
legendary
Activity: 3052
Merit: 1281
June 17, 2016, 11:48:15 AM
#38
Bitcoin at this stage, i think price matters, it attracts investors, innovators and developers.  Just think of this thing, will you lay your interest in a 0 value thing? Of course no.  People have this  "oh shiny" syndrome.  And of course lots are attracted to "get rich quick scheme". 

The higher the value of Bitcoin, the more it catches attention.  Those people who see Bitcoin as their vessel to wealth will then be the Bitcoin  community /supporter  and will start to develop  stuff so they can utilize bitcoin for daily use and of course generates profit . Just a domino effect i guess.  But all in all Price do matter.   ..Will you choose Copper over Gold?
legendary
Activity: 1750
Merit: 1115
Providing AI/ChatGpt Services - PM!
June 17, 2016, 10:44:57 AM
#37
I agree with you.People literally look at Bitcoin as a sort of investment or the "Get Rich Quick" scheme as you have put it.I Think 70% of the Crypto holders have only one intention behind it,keep holding.The remaining 30% includes the actual users who bring justice to the innovation.You can't really blame the small players here.Even coinbase or big shots like Mike Hern has no intentions of promoting as a currency of the future but the valuable asset of the  digital world.

Probably it will make more sense to me if the value of bitcoin is not calculated on basis of fiat currencies.That would bring use to next big problem which is buying bitcoins.As long as we're privileged to buy bitcoins with fiat,there is no way we change the procedure.
hero member
Activity: 1134
Merit: 502
June 17, 2016, 10:40:07 AM
#36
Price of Bitcoin is indeed important because people use it because of its value now. Some traders who use bitcoin use its price as an advantage to get more money from it. Some also use bitcoin to trade for other alt-coin which will give them big amount of alt coin to hold  and sell in the future.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
June 17, 2016, 10:38:13 AM
#35
Definitely yes,some traders are using the price of bitcoin to have profit..
When the price of bitcoin goes up the  thats the right time to sell,but it goes down  buy btc and wait for a month  before selling it again.

In the first place traders do trades to make profits that's why they care for the price lol. So price does matter for them.

Also there's no such thing as exact date or time when a trades will do such buy and selling move. It's all about the "price" and the "trend".
legendary
Activity: 3374
Merit: 1035
Leading Crypto Sports Betting & Casino Platform
June 17, 2016, 10:34:55 AM
#34
people use bitcoin because it'd have value/price just imagine if bitcoin prices is 0$,not sure those people whose still posting here will gaining bitcoin
this question is like "is the price of dollar to another currency is really important" which is doesn't even make a sense
full member
Activity: 126
Merit: 100
June 17, 2016, 10:34:23 AM
#33
Definitely yes,some traders are using the price of bitcoin to have profit..
When the price of bitcoin goes up the  thats the right time to sell,but it goes down  buy btc and wait for a month  before selling it again.
legendary
Activity: 3080
Merit: 1500
June 17, 2016, 10:30:06 AM
#32
If not the price then what else?? The majority of the bitcoin users don't know what is blockchain and how it works.

All they are concerned about the price. The price is the only factor which makes bitcoin attractive to the mass. If it drops to $1, then so called bitcoin lovers will also start mining altcoins and leave bitcoin to die in misery.

For me the price is the only and the most important factor.
Pages:
Jump to: