Does the Price of Bitcoin Matter?

[Barbut]

If someone think that price is not matter cuz it does, then i will offer to buy it then for a dollar if somene thinks like this. Price is good and lets remain like this.

Wait a minute, you talk about buying for less then its really worth. Let me ask you a question, would you continue to use bitcoin if price is still 100 dollars? Does price need to constantly to up for you to stay with bitcoin? For me price is not matter in sense I don't care is it 800 or 1200 dollars I'm here in both ways. I like idea behind bitcoin, and I like bitcoin as alternative to any currency that exist, in that manner I would support bitcoin at any price, even now when I need cash I sell bitcoins for current price, I don't wait pump's, I sold few times for lower then I should but financial problems made me do it.

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[omonuyak]

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 m I do believe in God the Creator of heaven and earth. I see from nature that God  manifest himself in living things and nor living things should we deny reality? That list we human being by looking at our nature should know that there is something greater than  our thought, soul and body that dwell inside and outside us. God is my source therefore I believe in him.

[szpalata]

The price of bitcoin is everything ,there was a time when the price hit a rock bottom and people were having huge losses and still they were running the miners at a loss and the biggest loss encountered when the price take a dive would be the miners and so the price is really important .

I agree with you that the price of Bitcoin is indeed everything because it was one of the motivating factors that convinced me to join - there's not a better feeling than to wake up to see a forward surge in BTC prices and so I know the persistent increase in its prices and the value it possesses can motivate wannabes and yet to be told Bitcoiners to come on board quickly.

[Harlot]

For me the price of Bitcoin is a relevant matter it was the one that got started me with Bitcoin in the first place. I was just a regular man surfing the web when I come across an article  with the lines "Bitcoin Getting more Stable than Gold" so I got curious what is this Bitcoin anyway that makes it more valuable than gold? And for the majority of the first timers they will say how could something that only exist in the internet has this kind of value? For me Bitcoin's price can also be a factor to attract more demand because they will be curious on what it is and how they will benefit from using it compared to Fiat Currency.

[SamsungBitcoin]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

[aardvark15]

The price of Bitcoin doesn't matter for a merchant that may accept Bitcoins as payment buy then immediately sells the Bitcoins. But for anyone that holds Bitcoins for any period of time it seems like the price does matter.

[Forbiddenone]

The price of Bitcoin doesn't matter for a merchant that may accept Bitcoins as payment buy then immediately sells the Bitcoins. But for anyone that holds Bitcoins for any period of time it seems like the price does matter.

Exactly the price of bitcoin matter thats why there so many trading platforms are there.people wants to invest and earn good in return.only those hold bitcoin for long who already have good amount of bitcoin and are positive in upcoming digital world.

[Fatanut]

For me the price of Bitcoin is a relevant matter it was the one that got started me with Bitcoin in the first place. I was just a regular man surfing the web when I come across an article  with the lines "Bitcoin Getting more Stable than Gold" so I got curious what is this Bitcoin anyway that makes it more valuable than gold? And for the majority of the first timers they will say how could something that only exist in the internet has this kind of value? For me Bitcoin's price can also be a factor to attract more demand because they will be curious on what it is and how they will benefit from using it compared to Fiat Currency.

It has value because of the things that you can do with your bitcoins. You're using it simply because you need it to have better transaction with other people. Bitcoin is utilitarian (definition: designed to be useful or practical rather than attractive). Without its uses, bitcoin will simply be a combination of 1s and 0s.

Personally, I wouldn't be surprised if something that lives off the internet has so much value. Just look at the CS:Go items (See: article). The items that exists on the CS:Go have a higher price than when you are going to buy the real item (for example, a knife with some engraved stuffs on it). You can also trade CS:Go items just like in bitcoins especially the ones that are seasonal/limited.

[deisik]

If someone think that price is not matter cuz it does, then i will offer to buy it then for a dollar if somene thinks like this. Price is good and lets remain like this.

Wait a minute, you talk about buying for less then its really worth. Let me ask you a question, would you continue to use bitcoin if price is still 100 dollars? Does price need to constantly to up for you to stay with bitcoin? For me price is not matter in sense I don't care is it 800 or 1200 dollars I'm here in both ways. I like idea behind bitcoin, and I like bitcoin as alternative to any currency that exist, in that manner I would support bitcoin at any price, even now when I need cash I sell bitcoins for current price, I don't wait pump's, I sold few times for lower then I should but financial problems made me do it

That all depends on a specific usage scenario

If someone heavily invested in bitcoins (say, at 1,000 dollars per coin) waiting for prices to rise even higher (the notorious "buy low sell high" approach) and then the price crashes to 100 dollars, I don't think that this wretched investor will be quite happy with such development. Most certainly, he will be disappointed (mildly speaking) and wishing he had never entered Bitcoin in the first place. On the other hand, if you use Bitcoin as a means of payment (for both receiving and offering payment with bitcoins), you would care not so much for its price but for its volatility since the latter would mostly define this field of application, not price as such

[DoublerHunter]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

Yes value always matter not only in bitcoin but also in almost of the items in the world because if there is no value for a certain item then it will be useless and not interesting for other people. i.e in bitcoin, if bitcoin has no value there would be no investor and there would no people like us here in the forum.

[qiwoman2]

It matters now more and more, especially when your only source of income comes through Bitcoin or bitcoin related activities and altcoins. With more and more people out of normal work, it is imperative that Bitcoin has a stable price or a good uptrend.

[Stedsm]

I always had a thought of taking 1 BTC's value to be 1 BTC only no matter what its price in USD could be, but now everything has changed as it is becoming more and more popular with mainstream media accepting its values as well as importance and it is becoming an addiction like gambling and being spread by everyone out of their limits and that is just because of its price, Bitcoin is gaining this importance.

[jacafbiz]

Value do matter, if not there won't be any infighting in the space and Bitcoin will just be  like a sand you work on daily. Valuation is very key to the success of become and this is derived from the usecase of BTC and this increase demand for it. There is no way value will not matter because it is also a scare resources, just the way countries fight for Oil and Gold

[bitbunnny]

Of course Bitcoin price matters. Remember just what happened few weeks ago when price has fallen down and many started talking how Bitcoin is dead and that this is the end, they will abandone it. So, no matter to all other advantages the price is still the most important thing that attracts people to Bitcoin.

[shulio]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

The value and the price is two different thing. If a thing lose its value then it's price will go down as well however if the price goes down then the value might stay the same . The price of course matter no matter what, atleast for now because it will attract more investor to come and it will increase its value

[megynacuna]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

I agree with you, value is everything and the value of Bitcoin at any point in time draws potential investors and the untold to this community and so we cannot get rid of th value of Bitcoin and still have Bitcoin. The two must coexist hence its importance.

[dothebeats]

It does, and it matters a lot especially to those miners who puts a lot at stake in the mining scene to keep the whole project going for the next couple of years. Also, keep in mind that big businessmen are into bitcoin as well so they will, as far as they could, push the price up so that they will also get the greens that they wanted in their portfolios. In the current state of bitcoin right now, it's the money that matters most and not the usability and tech, sadly.

[BitHodler]

It does, and it matters a lot especially to those miners who puts a lot at stake in the mining scene to keep the whole project going for the next couple of years. Also, keep in mind that big businessmen are into bitcoin as well so they will, as far as they could, push the price up so that they will also get the greens that they wanted in their portfolios. In the current state of bitcoin right now, it's the money that matters most and not the usability and tech, sadly.

That's right, the only thing that matters is the financial aspect. Everything else is just not important. But isn't that how basically everything is set up in the world? Money will at all times be earned at cost of the people and the nature.

Bitcoin is not an exception. But if we're completely honest, then it's obviously noticeable that the majority of the people only come here to earn, and not because of them liking how Bitcoin is functioning.

Nothing wrong with that since it doesn't do any harm, but it makes a lot people here not even understand the very basics of Bitcoin. And that while it doesn't require much to get to know how Bitcoin works and what it really does.

[virtualkeybuyer]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

Yes for the traders and for the investors the price of bitcoin is of much importance because it is the price which make them to earn money by investing their money in buying bitcoin. If the price will do fluctuations then they will earn much profit while at stability they will have reduced profit.

[Salazarian]

Bitcoin value is always matter, this is the basis of our income specially in our investments. We are here in bitcoin to get income and always look for the value before doing an investment and also in trading method value is always matter

I agree with you, value is everything and the value of Bitcoin at any point in time draws potential investors and the untold to this community and so we cannot get rid of th value of Bitcoin and still have Bitcoin. The two must coexist hence its importance.

yes that is right that value play important role for the price of a product but some time the big whale reduce the value of an item fackly and they get their own benefit from it which produce panic in the market.