Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
eminem90
on 24/10/2016, 18:05:39 UTC
yeah the Bitcoin price does matter allot because people are always reacting to the Bitcoin price if you ask me, when the price is low then people are going to buy.
If the Bitcoin is high then of course they are going to want to sell some of there Bitcoin.
Bitcoin price really matter mainly for the bitcoin traders even a small price change matters for them because their buying and selling is really dependent on that.For us not very small change matter but a decent increase/decrease in the price really matter to us as well.
yup because they are chasing the price even in small value if they are holding huge amount it is still a good profits for them
but us who really not holding that much we only thing we feel if there's a massive rise up to the price.

It's just, any fluctuations in the price of Bitcoin impact on our earnings. I think everyone who has wanted to Bitcoin price has risen