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Topic: Who cares about bitcoin price? - page 3. (Read 2930 times)

legendary
Activity: 1022
Merit: 1000
February 26, 2015, 04:40:00 AM
#21
Price is important.

The problem is the price can change at any moment.
That is why a lot of people dont like using it or holding it.

And specificly stores that should start accepting it is taking a risk of losing 10%-30% of the value they earned so they wont profit.

That is why people are afraid.
legendary
Activity: 1022
Merit: 1007
Sooner or later, a man who wears two faces forgets
February 26, 2015, 04:38:32 AM
#20
We are not in this for fun only , though it is fun and good education but the real reason has been always money
legendary
Activity: 1284
Merit: 1042
February 26, 2015, 04:31:10 AM
#19
Everybody cares about the price, because bitcoin is a mean of payment. Without value it wouldnt make any sense.

And the ones who dont care, already cashed out big and dont have to care about the price ....
hero member
Activity: 616
Merit: 500
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February 26, 2015, 04:29:18 AM
#18
I bet everyone who hold bitcoin and use it care about price. This low price now looks manipulated by exchanges, whales and sure some early addopters who have lot of coins but price is undervaluated now and soon there will be up trend again.
sr. member
Activity: 470
Merit: 250
February 26, 2015, 04:25:57 AM
#17
I care. Well for one, it is important for people how much their investment or holdings are worth - whoever denies that most probably just wants to sound enlightened, but that's not how humans work, and it's also an important factor for people getting to know Bitcoin. Every bubble has also brought a huge wave of people adopting Bitcoin, and this is important still!
This comment perfectly sums it up.

The price volatility is a huge attraction for many people and although I'd prefer much more stability, its about what is best for the community. When prices stagnate as they have recently there is a lot less appeal for investors and big money backers.
sr. member
Activity: 336
Merit: 250
February 26, 2015, 04:19:06 AM
#16
Well I do care, because I own bitcoins.

Bitcoins shouldn't just be a concept, it should be practical.
legendary
Activity: 1078
Merit: 1014
February 26, 2015, 04:14:50 AM
#15
if you bought euros and then went abroad to spend them and found they'd suddenly lost half their value would you be telling your friends "everything is fine euros still work because you can still spend them" ?

price matters because for those who aren't millionaire early adopters who got their coins practically for free, if we bought $1,000 worth of btc, we expect at the very least to still have that same $1,000 worth of purchasing power a few months down the line and if this doesn't hold true, there is little incentive for anyone to buy and hold btc
full member
Activity: 182
Merit: 100
February 26, 2015, 04:01:35 AM
#14
We should focus on bitcoin services and innovating technologies around bitcoin! Those who are interest for the price only and they only care for easy money are not welcome!
Well if you have a precious space rock that costs 500 $ a gram . It can be used to make the most solid walls and has magical powers. Next day you get information that 100 Miles square mile mine has been found, which is more than the amount of Silver on the planet. Now will you sell that rock before the price crashes or will you keep it for the innovative uses it has ?
Now imagine someone holding 1000's of those rocks. What would he do ?
sr. member
Activity: 336
Merit: 250
February 25, 2015, 11:56:54 PM
#13
We should focus on bitcoin services and innovating technologies around bitcoin! Those who are interest for the price only and they only care for easy money are not welcome!

Spoken like a man who doesn't have many bitcoins to his name.

Anyone holding a substantial amount cares about the price.
newbie
Activity: 5
Merit: 0
February 25, 2015, 11:52:12 PM
#12
For me it matters, I always want to know Bitcoin price in the coming days.
hero member
Activity: 812
Merit: 500
February 25, 2015, 06:53:59 PM
#11
We should focus on bitcoin services and innovating technologies around bitcoin! Those who are interest for the price only and they only care for easy money are not welcome!

Everybody cares about the price.
sr. member
Activity: 350
Merit: 250
Honest 80s business!
February 25, 2015, 06:35:21 PM
#10
I care. Well for one, it is important for people how much their investment or holdings are worth - whoever denies that most probably just wants to sound enlightened, but that's not how humans work, and it's also an important factor for people getting to know Bitcoin. Every bubble has also brought a huge wave of people adopting Bitcoin, and this is important still!
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
February 25, 2015, 06:10:10 PM
#9
We should focus on bitcoin services and innovating technologies around bitcoin! Those who are interest for the price only and they only care for easy money are not welcome!

those who focus on bitcoin price and those who focus on services are in symbiotic life, one cant exist without the other.
without profits there would be no development, and without development there would be no money in either.
one could say that bitcoin now needs more development and clear laws than it needs higher price, so if thats what u were trying to say, i fully agree with you.

cheers
sr. member
Activity: 252
Merit: 250
February 25, 2015, 05:38:39 PM
#8
Wouldn't USD 66.60 be even more Devil, since it means people pushed price down for own profit?
I hope that this does not happen!
full member
Activity: 154
Merit: 100
That Darn Cat
February 25, 2015, 05:28:36 PM
#7
True, we should innovate and get more users to use BTC but it is also about it being an investment.  It has to be viewed as an investment when it is unstable compared to the USD and the Euro.
yui
full member
Activity: 182
Merit: 100
February 25, 2015, 05:24:36 PM
#6
Wouldn't USD 66.60 be even more Devil, since it means people pushed price down for own profit?
hero member
Activity: 1372
Merit: 783
better everyday ♥
February 25, 2015, 03:31:22 PM
#5
i am.  i am willing to bet it will be $666 by the mid-point next year

Yes!  BTC price will be $666 on June 6th at 6PM.  Now that would be some devil shit!

hero member
Activity: 672
Merit: 500
February 25, 2015, 03:23:25 PM
#4
everybody who wants to earn some money from them
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 25, 2015, 03:23:05 PM
#3
I think price can be a distraction and is not a measure of success. Ever since the speculators showed up there has been a greedy streak in the community that drives the bubbles. People who don't really care about bitcoin, they want dollars. I'm not against it. I don't think it matters what we do. Adoption is how many places I can spend my coins, IMO. That's all I look at.
newbie
Activity: 3
Merit: 0
February 25, 2015, 03:17:25 PM
#2
i am.  i am willing to bet it will be $666 by the mid-point next year
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