Does the Price of Bitcoin Matter?

[betohell]

I would argue that it's beneficial for Bitcoin if we see a slow but steady price increase.
Too much volatility isn't good, makes people less likely to use Bitcoin as a currency. 

yes general people will prefer to stable prices, but in reality bitcoin prices are very volatile, this is matter
i hope in future bitcoin prices will stabilize

[richardsNY]

I would argue that it's beneficial for Bitcoin if we see a slow but steady price increase.
Too much volatility isn't good, makes people less likely to use Bitcoin as a currency. 

yes general people will prefer to stable prices, but in reality bitcoin prices are very volatile, this is matter
i hope in future bitcoin prices will stabilize

People here on this forum complain when the price is not moving, and when it is moving, then they complain about the volatility. I do agree with you that the main point for the average people to adopt Bitcoin is the volatility.

[MaxTax]

Yes Bitcoin price is matter, the higher the price its mean more demand, the more demands mean lots of people is interested

if a lot of people is interested its could mean bitcoin going to last longer

also most of them think bitcoin as passive income, the higher the price its mean the people's income will become larger

Eventually when everyone does know about bitcoin and have made a choice to use it or not, the price probably wouldn't matter.

It will always matter. People need a stable value and thus they can spend it. If we get mass adaption, then pray the market manipulators go away.
They are ruining bitcoin's potential.

Indeed it does, this is why I don't understand how it doesn't matter to some people. How else would you know the value of bitcoin and knowing on when to dump when there's no use for it anymore? Not saying that this will happen but it's just a thought.

[jt byte]

Of course bitcoin matters, because if doesnt't matters then why I am still collecting bitcoins.
That is one of the reason I startedwith bitcoin, because I like that the price is going up and with down is that I can buy more.

[HarryKPeters]

Yes Bitcoin price is matter, the higher the price its mean more demand, the more demands mean lots of people is interested

if a lot of people is interested its could mean bitcoin going to last longer

also most of them think bitcoin as passive income, the higher the price its mean the people's income will become larger

Eventually when everyone does know about bitcoin and have made a choice to use it or not, the price probably wouldn't matter.

It will always matter. People need a stable value and thus they can spend it. If we get mass adaption, then pray the market manipulators go away.
They are ruining bitcoin's potential.

Indeed it does, this is why I don't understand how it doesn't matter to some people. How else would you know the value of bitcoin and knowing on when to dump when there's no use for it anymore? Not saying that this will happen but it's just a thought.

Yeah it doesn't amke sense right. For almost every aspect and every audience a value  is needed for usage. Be it trade or speculation.

[thejaytiesto]

Of course bitcoin matters, because if doesnt't matters then why I am still collecting bitcoins.
That is one of the reason I startedwith bitcoin, because I like that the price is going up and with down is that I can buy more.

Im not saying price doesn't matter, but with this mentality you would have never bought Bitcoin back in the day when it was worthless, that's what separates the super early adopters from early adopters, they saw the potential without the need of a price, thats why very few get super rich, it's hard to look beyond the price.

[knowhow]

Since i have my normal job i may say bitcoin worthing 300 dollars or above it doesnt matter for me as i consider it an extra income .I cant live from bitcoin only ,but for some people sure it is a matter since their income and profit will be converted into fiat .

[adicted]

For me , yes it really matters especially right now I am depending on it since I can't find any jobs to get some extra income as I am still a student. Like right now I am holding 1 btc and planning to sell it to have some expenses this coming christmas and new year, the price is really a must I'd like to have more money for more fun.

[bearex]

It matters, if 0.0001 BTC is worth like $10 and the current fee being 0.0001 BTC it would be EXTREMELY expensive, so we would have to adjust the fees accordingly to the price.

[extrabyte]

The price of bitcoin matter a lot, the fees in the future i think that will cost much more that are today and this because of the price.

[eternalgloom]

In my opinion the price does matter, when you see a slow but steady increase, popularity among investors and regular people will rise undoubtedly.
Also, the fact that Bitcoin survived the big +$1000 bubble is a very positive sign.

[faridkifly]

Of course bitcoin matters, because if doesnt't matters then why I am still collecting bitcoins.
That is one of the reason I startedwith bitcoin, because I like that the price is going up and with down is that I can buy more.

yes i agree with you dude.
but I regret when the price is drop i dont buy btc. now the price is high enough to sell i think

[avw1982]

The price of bitcoin matter a lot, the fees in the future i think that will cost much more that are today and this because of the price.

Yeah Bitcoin price is a matter and Price value only make all people to crazy on Bitcoin and Its digitization also matter. I think bank will also accept bitcoin later and they will do some saving deduction and maintenance charge and something will come I think.

[Hashminers]

Of course bitcoin matters, because if doesnt't matters then why I am still collecting bitcoins.
That is one of the reason I startedwith bitcoin, because I like that the price is going up and with down is that I can buy more.

yes i agree with you dude.
but I regret when the price is drop i dont buy btc. now the price is high enough to sell i think

Well this time maybe is good to sell your bitcoin, but just wait a little bit longer in 2016 I think you will make more profit.
With drop I know why you don't buy is scary when in just stay that way, but bitcoins is always have been that way.

[jt byte]

Of course bitcoin matters, because if doesnt't matters then why I am still collecting bitcoins.
That is one of the reason I startedwith bitcoin, because I like that the price is going up and with down is that I can buy more.

yes i agree with you dude.
but I regret when the price is drop i dont buy btc. now the price is high enough to sell i think

Well this time maybe is good to sell your bitcoin, but just wait a little bit longer in 2016 I think you will make more profit.
With drop I know why you don't buy is scary when in just stay that way, but bitcoins is always have been that way.

Yeah come 2016 the price will come in a decline again. I am very certain of this. Then it will be better to re-buy agian.
Right now i am on sell mode.

[Pierre 2]

It completely matters and everyone knows that.
Would miners continue if price was low? no.
Then it is very, very important.

[nonbody]

it matters for the majority. They buy it coz it bring value to them. No matter they  treat it as money or investment.

[bitcoin-hunter]

It completely matters and everyone knows that.
Would miners continue if price was low? no.
Then it is very, very important.

Yeah is very important for miner and for traders. That is first place why we choice to use bitcoins.
If bitcoins doesn't matter the price I bet there is no people that will use.

[1Referee]

It completely matters and everyone knows that.
Would miners continue if price was low? no.
Then it is very, very important.

It is important to miners, but what price do you consider to be low? $100? $200? $300? It's very simple, if the miners consider the price to be low, they will either wait for the price to catch up, or they can sell their equipment to get back some cash. That's for the lower level miners. The farms will most likely continue with running, and/or make it possible for people to rent their hardware by selling "cloud contracts" and cutting off the rewards by heavily taxing people with ridiculous fees as CEX used to do.

[newcoins1978]

Price does matter of course, I don't see how it wouldn't matter to some people who are into bitcoin.
How else would you know when to trade? Or when to buy. Anyone in their right mind would buy low and sell high to make profits.