Does the Price of Bitcoin Matter?

[MMA]

Yes actually it matters the price of Bitcoin has been rising like a jet
It is also predicted that the price will be 1000$ per Bitcoin by next year
Better earn from now

yeah everyone wants high price is certainly in order for them to benefit. other than that I think any goal in bitcoin, the price will always be needed and be paramount to use bitcoin

in fact majority of people are using bitcoin as investment, because the facilities of bitcoin to be use it as currency are very little, therefore to me the price of bitcoin really matter, and if the price goes high then people will invest more and more their assets in bitcoin.

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[deadsilent]

Yes, bitcoin price really matters to me. This my way to make some profits. This my investment. But for some reasons, even the price is failing. Bitcoin is still helpful to me. Bitcoin can transfer my funds with low cost and with ease. It wont ask for any of your identification documents unless you will buy bitcoin and converting it to cash. I find bitcoin really help me a lot. Thats why even if it fail. I dont think people will totally dump this kind of technology.

[deisik]

Yes, bitcoin price really matters to me. This my way to make some profits. This my investment. But for some reasons, even the price is failing. Bitcoin is still helpful to me. Bitcoin can transfer my funds with low cost and with ease. It wont ask for any of your identification documents unless you will buy bitcoin and converting it to cash. I find bitcoin really help me a lot. Thats why even if it fail. I dont think people will totally dump this kind of technology.

That's the whole point

Until you can spend bitcoins directly, you are basically left with just two options, namely, you can either trade them staying more or less anonymous (provided you don't trade innumerable thousands of bitcoins, of course) or convert your bitcoins to fiat and thus reveal your identity since you can't sell them for cash, at least not in massive amounts. Thereby, if you want to make any practical use of your stash of coins, which right now for the most part means converting them to fiat and withdrawing the proceeds to a bank account (plastic card), you still can't avoid disclosing your identity

[TheUltraElite]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

[Rinder]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

As you several people does use bitcoin as an extra source of income, i had invested all my coins into a project and till the moment the results are amazing, but i always check bitcoin value, those affects me since i had invested into my bitcoins with fiat. How to say the price wont matter when we have a price into almost everything our eyes does see, even human has a value, the price of bitcoin will reach and cross the 1000 dollars once again.

[arseaboy]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

As you several people does use bitcoin as an extra source of income, i had invested all my coins into a project and till the moment the results are amazing, but i always check bitcoin value, those affects me since i had invested into my bitcoins with fiat. How to say the price wont matter when we have a price into almost everything our eyes does see, even human has a value, the price of bitcoin will reach and cross the 1000 dollars once again.

Yeah that's why bitcoin price really matters.. all of us are also speculating to see the price of btc will reach to 1000 dollars this or maybe early next year.. it's important for me as well since I do trading a lot and rely on it's price.

[wdnj]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

Investing and holding bitcoin is not easy because you are risking the money for a long time and without knowing if the bitcoin price will increase or not.

[ivan.daineko23]

For true devotees of Bitcoin, the price of the digital currency is almost irrelevant. They believe in its inherent value or, more frequently, cannot see any value at all in the alternative of government issued fiat currency. Price is therefore not a concern. At the other end of the spectrum, for those that harbor what appears to be an irrational hatred of Bitcoin and anything to do with it, the exchange rate also matters little. They were screaming that it was all worthless when the price was at over $1000, and somehow convince themselves that an exchange rate of over 200 times what it was before that bubble proves their point. For the vast majority of people somewhere in the middle, however, the price of the currency in Dollar, Euro, Yuan or whatever terms is important.

Read more: http://www.nasdaq.com/article/does-the-price-of-bitcoin-matter-cm476312#ixzz3a1cH4qcU

That is, if bitcoin as a hobby or fun, the prices can not really worry about, and if bitcoin for man as an investment or a means for a normal existence, the price plays an important role.

[Superways]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

Investing and holding bitcoin is not easy because you are risking the money for a long time and without knowing if the bitcoin price will increase or not.

Only those people invest in bitcoin and hold them for longer who have done a good research about bitcoin and who have a good knowledge about bitcoin and after their research they know that bitcoin will not drop further and if any drop occur then it will not be for longer or permanent but it will go more better in price in the coming future.

[manyuta]

When last summer with the exchange Bitfinex had a very bad case, when a hacker stole from the accounts of bitcoin, many users have rushed to sell their bitcoin, because the price started to fall sharply. This is the moment you can make an estimate of what and who is important.

[kwuccduck]

The price is what made me buy and invest in bitcoins. I needed a passive income source and bitcoin did it for me. I do believe in the price reaching upto 1000$ and increasing further then I can sell my coins and make a profit.

This is because I have a earning of my own and bitcoin earning is like a side earning for me. Hence the price is very important to me.

Investing and holding bitcoin is not easy because you are risking the money for a long time and without knowing if the bitcoin price will increase or not.

Only those people invest in bitcoin and hold them for longer who have done a good research about bitcoin and who have a good knowledge about bitcoin and after their research they know that bitcoin will not drop further and if any drop occur then it will not be for longer or permanent but it will go more better in price in the coming future.

When the price rose to $ 1,200 per 1 btc, the users are very much celebrated victory, but the jubilation did not last long. Since all waiting price increase. By the way how this trend will be displayed on the ability of people to buy goods.

[lilit]

For the user, bitcoin is really not so important price in the moment when you need to have the anonymity of financial transactions and to more and not pay taxes. Exactly these points are key features for bitcoin and their users.

[deadpoolx]

For the user, bitcoin is really not so important price in the moment when you need to have the anonymity of financial transactions and to more and not pay taxes. Exactly these points are key features for bitcoin and their users.

For the average user, the price is also important, because if the price of Bitcoin falls, the individual may have losses converting this to fiat, and he/she does not have the option to hold Bitcoin forever, since he/she can hardly use Bitcoin to cover daily expenses. But when the ecosystem gets a larger number of stores to spend it, I think the selling pressure, because of price, will be lower.

[d5000]

The price evolution is the most important factor, because being a "unit of account" is the most important function of a currency.

If price is stable or goes up, then there is an incentive to use and hold bitcoin, and the Bitcoin ecosystem can grow.

If the prices only goes down or is so volatile that you cannot predict if it will lose 20% or even more tomorrow, then it is basically unusable. Much less people would have an incentive to use it, only the people who can afford such losses.

What Bitcoin should aim for is a slightly growing price without that much volatility (last months it has been doing quite well with the exception of the turbulences around the Halving date in June/July, mainly driven by a speculation hype).

What can the community do to achieve a stable and slowly growing price? Stabilizing factors are: long-term investment, profit taking when the price goes too high, accept Bitcoin as a currency for your work, paying with Bitcoins for other people's work. The opposite is what occurs actually mostly in the altcoin world: short-time speculation (pump and dumps).

[azguard]

Of course the price must be important. I think if the price is not important to anyone then it is stupid, the first all who are here or have invested or plan to invest to be able to get profit, normally.

With all that everyone who invested their money or someone else's hope the price increase, why, cuz they expect big profits then and where they can say I've earned this amount with bitcoin trading.

I sincerely hope that we will in the coming period go high on price, slowly but surely that with the price going up little by little, so I think it's for the best.

[Farma]

Of course the price must be important. I think if the price is not important to anyone then it is stupid, the first all who are here or have invested or plan to invest to be able to get profit, normally.

With all that everyone who invested their money or someone else's hope the price increase, why, cuz they expect big profits then and where they can say I've earned this amount with bitcoin trading.

I sincerely hope that we will in the coming period go high on price, slowly but surely that with the price going up little by little, so I think it's for the best.

I believe that the price is so important at this time. This time, the price of bitcoin is high, and many believe that the price of bitcoin will rise to $ 1,000, including me. many people are willing to pay attention to the price of bitcoin every hour, just to make sure that they do not miss bitcoin price increases if it occurs.
I also hope bitcoin prices could rise in the near future, and it would probably be a good thing for us all.

[molsewid]

as we all know bitcoin price always matter because we are depending on the price of bitcoin when we're doing trading and also price of bitcoin is a big deal when it comes on the economy . if bitcoin dropping its price it means that the economy of bitcoin is losing its users while its growing it means that there's a lot of new investors that trusting bitcoin.

[sabbirshm]

Obviously, the price of bitcoin is matter.When price goes up than more people become interested on bitcoin and start investing on bitcoin.Also when price goes down they keep touch on bitcoin and hope for price goes high.In less price many investors buy bitcoin.So,overall the price of bitcoin is a matter.

[ardentvolcanoes]

yes definitely, he price of bitcoin really matters especially to all the users including me as we are all looking on its price. and it's true that traders are depending on the price of bitcoin because it gives them a sign whether to buy or to sell . and the price is the only thing that could help bitcoin to be adopted by more $ more people .

[deisik]

The price evolution is the most important factor, because being a "unit of account" is the most important function of a currency.

If price is stable or goes up, then there is an incentive to use and hold bitcoin, and the Bitcoin ecosystem can grow.

If the prices only goes down or is so volatile that you cannot predict if it will lose 20% or even more tomorrow, then it is basically unusable. Much less people would have an incentive to use it, only the people who can afford such losses

It would be not usable as a currency

Or "unit of account" as you mean it, but as a speculative asset it would work just fine with huge price swings. In fact, it would work even better with them than without them, since the majority of folks in Bitcoin are here for quick profits. And while there is a lot of room for further adoption of Bitcoin even if only for speculative purposes (as opposed to adoption for using Bitcoin as a currency in its own right), this can drag on indefinitely long. And I'm not sure at all that when this process is fully exhausted, Bitcoin won't quickly kick the bucket without ever going mainstream specifically as a means of payment (or unit of account)