Does the Price of Bitcoin Matter?

[groll]

it matter more than many think

a better price means more miners, the network is more secure
a better price means more adoption, if there will be a better price is because the adoption is increased
a better price means a better purchasing power, who own few bitcoin has a better chance to buy more thing

Yes!i agree!price was very important!all miners are depending on price. That's why they choose to mine or invest on bitcoins due to it price.if the price gets lower, miner starts to buy bitcoins and save, then if the price gets high, miners starting to sell thier bitcoins. Many people adopts bitcoins because of conyinously increasing of its price.

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[Dudeperfect]

for me it hardly interfare i like when bitcoin price is almost stable i dont care much when it move about 5$ up or down its ok with me i can manage that little loss or profit anyway when it comes to trading only then i care about the price yes i have to wait many times to get the desired price

Yes, being a trader a little profit or loss is nothing and the case is same for long term investor. It actually doesn’t matter if the price is increasing or decreasing because even newbies are aware that bitcoin is the crypto-currency with high volatility so little ups and downs won’t bring much effect. I see price volatility with the positive approach because it shows that people are constantly trading bitcoin and that is a very good sign of people’s interest in bitcoin. I consider movement is growth and price fluctuations shows that bitcoin is moving from one point to another and indirectly it’s growing.

[ethereumhunter]

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

Price matters most in trades and exchanges. People prefer to sell at a higher price than buy which is obviously at a lower price. The price is the main attraction for the traders who trade on the market everyday.

However bitcoin shops and stores prefer the more stable price and people prefer to buy bitcoin at lower price as well.

yes, the traders only want the high price for bitcoin and they will sold their bitcoin to get profit and this is why the price of bitcoin is really important for us.  with the price for now, i think the trader will wait for a little time and they will hold it or just put some satoshi to trade with altcoins and make their bitcoin growth and if the time is come, they just sold their stock of bitcoin.

[Fireblade]

I depend on what you are doing with bitcoin. If you're investing in it, then yes. Because you need to maximize the price of bitcoin to get a profit in investing in it. However, if you are just exchanging bitcoins and buying stuff after, then you don't need to mind the price.

You don't need to worry about the price if you are exchanging fiat to bitcoin in order to buy something but if you are exchanging bitcoins to fiat in order to buy something then price is everything that matters, because if the price is low you will get a lower exchange offer which would not be liked by anyone.

bitcoin matter in both condition either you are gong to buy or sell, bitcoin depend on its price, people entering in the field of bitcoin and they are investing their money in bitcoin as they think that the price is expecting to increase in next few months. if the price is dropping then no one is attracting toward bitcoin and will never like to invest their assets here, therefore to me the price of bitcoin really matter.

[puremage111]

of course, pump and dump, bitcoin usage, everything is because of its value

[delliaerd]

In my point of view, there is no problem about the price of the bitcoin which can give bad affects for me. Even the fluctuations of bitcoin's price is give a profit by doing trading. It is so profitable for trader like me even though i am not a big trader but it still should be grateful.
Besides if that , usually i am always store my bitcoin payment from Signature campaign to my wallet in online, when the price goes up my money also increase value if i see it in dollars.

[piloder]

Price of bitcoin also matters however we also have to look at purchasing power of bitcoin over time. Due to unlimited supply of fiat it is obvious that all fiats will loss its value and due to which price of bitcoin in terms of fiat should also increase in same ratio to maintain its purchasing power. Looking at the growth of price, it has maintained its purchasing power throughout all this years just like gold had did.

[Jasad]

of course, pump and dump, bitcoin usage, everything is because of its value

i guess in easy word they means about how important price for most people?
if then the price of bitcoin keep on low lines would it as popular as in high lines?
and the answer will be of course important ,
value always be an indicator on what people interested at .

[winspiral]

In my U2system the price of bitcoin does not matter...
but the changing of bitcoin price can be advantageous or desadvantageous for my members.

[dothebeats]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

[TheUltraElite]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

[Techie5879]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

I think that the price of a single bitcoin does indeed matter. But the shops and other services in my country, India, havent even accepted bitcoin till date, and are not going to do so for a long long time. Bitcoin value is rising pretty fast, and i agree with you my friend, that the shop owners do indeed prefer a stable currency, and one controlled by government.

[Aamir1]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

The fluctuating price is the reason why we have such a large community of people today, if the price was stable or down like other crypto currencies then there would not have been so many people involved with bitcoin investing or trading it, so price is the first priority.

[Doamader]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

The fluctuating price is the reason why we have such a large community of people today, if the price was stable or down like other crypto currencies then there would not have been so many people involved with bitcoin investing or trading it, so price is the first priority.

Sure those fluctuations does bring a lot interest for trader and investors, but would be better less changes over the value, soo people could use bitcoin as a store of value, as people does with gold. I doubt bitcoin will ever get a stable price, since the mine process ends we will see the real value of bitcoin on those time, and sure the price will be always the first reason to be at bitcoin, atleast for the most.

[arseaboy]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

The fluctuating price is the reason why we have such a large community of people today, if the price was stable or down like other crypto currencies then there would not have been so many people involved with bitcoin investing or trading it, so price is the first priority.

Indeed mate.. all of us here in bitcoin community are the reason why bitcoin price become high.. if the value of bitcoin will crash well definitely all of us will be affected and there's no way for us to make a good profit out of bitcoin.. so price really matters.

[Mastsetad]

It does, because apparently, bitcoin's price dictates how much it's worth compared to other currency which will then be a basis for you to decide what to do with it or use it to buy things of your liking. Also, it attracts potential investors on touching it and putting money into it seeing how it performs in the economic scene.

The price is the reason why investors flock to trade on large volumes of bitcoin and in turn manipulate the market. This has both good and bad effects on the economy and one of the reasons why bitcoin price fluctuates much. Also acceptance of bitcoin in general public increases but the stores and shops dont like it - they prefer a stable price.

The fluctuating price is the reason why we have such a large community of people today, if the price was stable or down like other crypto currencies then there would not have been so many people involved with bitcoin investing or trading it, so price is the first priority.

Indeed mate.. all of us here in bitcoin community are the reason why bitcoin price become high.. if the value of bitcoin will crash well definitely all of us will be affected and there's no way for us to make a good profit out of bitcoin.. so price really matters.

As already said above that we all are here just because of the high price of bitcoin or because of the fluctuating nature it has, because if it does not grow at all and stays at the same point most of the times like other alt coins then there would be no people taking interest in it.

[MWesterweele]

Bitcoin price is really doesn't matter to me as long as we can earned it free and earning bitcoin from gambling and faucet's is really good if you are going to collect some satoshi in faucets i think you can get 0.01 bitcoin dialy plus my signature campaign is really good and it can help my self too in my expenses.

[crairezx20]

Bitcoin price is really doesn't matter to me as long as we can earned it free and earning bitcoin from gambling and faucet's is really good if you are going to collect some satoshi in faucets i think you can get 0.01 bitcoin dialy plus my signature campaign is really good and it can help my self too in my expenses.

Well we are not all the same because for all traders and who are buy low and sell high they are need to always monitor the movement of the price of bitcoin.. unlike other people or member here that satisfied that they are just making money for pother task like signature campaign and collecting in faucet really? it is impossible right unless if you can make a large number of referral in different faucet sites..

[Mr.grin]

Bitcoin price is really doesn't matter to me as long as we can earned it free and earning bitcoin from gambling and faucet's is really good if you are going to collect some satoshi in faucets i think you can get 0.01 bitcoin dialy plus my signature campaign is really good and it can help my self too in my expenses.

I think people have a different opinion about this. I think that the price of bitcoin it so is important, especially for people who play trading, because it could make them lose or gain, well, their game is based on the price fluctuations. I think that today a lot of users bitcon attention to price, because this might be their advantage if bitcoin prices rise in a short time

[calkob]

i would say it def matters most people i know have got into bitcoin because they seen something about the price either a crash or a high rise.