Does the Price of Bitcoin Matter?

[Amph]

another reason why the price of bitcoin matter is, for miners

with better price the asic will cost less, which mean that more people are willing to invest in mining and increasing the security of the network

[ajun96]

Bitcoin price matter for future payment,its must be have stable price,but as crypto currency,its doesnt matter

you are right, mass need a stable price for their currency, I'm quite confused with it,
what the price of bitcoin can be stable in the future or not  

Yeah, I wonder when gold will be ready for mass adoption since it went from 1900$ to 1000$ per ounce in just four years time.

The price of bitcoin matters depending on the use case. Isn't Bitcoin awesome, so versatile and we haven't seen nothing yet!

if even the price of gold can not be stable with its 6T market cap, how can someone believe that bitcoin can  be stable with its silly 5B market

bitcoin in the future can be as unstable as gold, but with a much higher value, i would not be surprised to see big swings from 10k to 50k...

how are you so sure, if bitcoin will definitely have stable prices like gold even price more than gold?

[1Referee]

another reason why the price of bitcoin matter is, for miners

with better price the asic will cost less, which mean that more people are willing to invest in mining and increasing the security of the network

Bitcoin is important nearly for everyone. People who say the price is not important, are simply lying to themselfs. For miners it's indeed a very important aspect as the electricity costs and hardware are priced in fiat currency. The price will play an even more important role for miners as that might indicate whether we have to pay higher fees or not when there aren't much coins left to mine.

[Amph]

Bitcoin price matter for future payment,its must be have stable price,but as crypto currency,its doesnt matter

you are right, mass need a stable price for their currency, I'm quite confused with it,
what the price of bitcoin can be stable in the future or not  

Yeah, I wonder when gold will be ready for mass adoption since it went from 1900$ to 1000$ per ounce in just four years time.

The price of bitcoin matters depending on the use case. Isn't Bitcoin awesome, so versatile and we haven't seen nothing yet!

if even the price of gold can not be stable with its 6T market cap, how can someone believe that bitcoin can  be stable with its silly 5B market

bitcoin in the future can be as unstable as gold, but with a much higher value, i would not be surprised to see big swings from 10k to 50k...

how are you so sure, if bitcoin will definitely have stable prices like gold even price more than gold?

was an analogy, if you have a 6T of marketcap which is not stable, and for that matter gold was always consider very stable, how can you say that bitcoin with great adoption will be stable

it's a bit delusional, greater adoption mean only less swings over time it does not guarantee a perfect stability

[ThunderThomas]

For traders it should matter if you're trying to make profits, if you're holding for future expenses then yes it also matters. I don't see how it wouldn't matter to any bitcoin holder.

[Cozynunu]

The price of bitcoin matter, because is good to know if is increasing or not.

Or when to buy or to sell it.

[bitmarket.net]

Does the price of USD/GBP matter ?

It matters if you are either British or American and are planning to go on holiday to the other country, or you are trading goods / services between these two countries.
Or you are a trader with either long or short position in USD/GBP.


Similar with BTC/USD, except that few people are earning in bitcoins so far and even if you pay with bitcoins for stuff, most of the prices are calculated using the current BTC/USD price.
So it is more like living in a country where everything is imported from abroad.

[ajun96]

Bitcoin price matter for future payment,its must be have stable price,but as crypto currency,its doesnt matter

you are right, mass need a stable price for their currency, I'm quite confused with it,
what the price of bitcoin can be stable in the future or not  

Yeah, I wonder when gold will be ready for mass adoption since it went from 1900$ to 1000$ per ounce in just four years time.

The price of bitcoin matters depending on the use case. Isn't Bitcoin awesome, so versatile and we haven't seen nothing yet!

if even the price of gold can not be stable with its 6T market cap, how can someone believe that bitcoin can  be stable with its silly 5B market

bitcoin in the future can be as unstable as gold, but with a much higher value, i would not be surprised to see big swings from 10k to 50k...

how are you so sure, if bitcoin will definitely have stable prices like gold even price more than gold?

was an analogy, if you have a 6T of marketcap which is not stable, and for that matter gold was always consider very stable, how can you say that bitcoin with great adoption will be stable

it's a bit delusional, greater adoption mean only less swings over time it does not guarantee a perfect stability

pretty confusing huft
so it just takes time to see people adopt the bitcoin? bitcoin prices will be stable in the future

[calkob]

of course the price matters in relation to fiat.  fiat is what most people earn and then use to buy bitcoin.  

yeah price prob dosnt matter to someone who got in a early and either mined 100's or 1000's of BTC or some who bought when it was $ each.

[NordicRanger]

Yes it does matter, especially to the people who are into selling and buying

If you don't use bitcoin to exchange or use for fiat purposes I could see why it wouldn't matter

[knowhow]

If bitcoin reaches 1000 dolars or 1500 dollars tomorrow the most here would sell their coins and be out of bitcoin world,soo these is something around 70% from total owners waiting bitcoin return to 1000 or go above ,and left bitcoin.

[hdbuck]

[n691309]

Many bussines operates in bitcoin, for example coinbase has millions of dollars invested in bitcoin and if the price increases they have profit if not then they will probably bankrupt so the price has the main role.

[Piltover]

If bitcoin reaches 1000 dolars or 1500 dollars tomorrow the most here would sell their coins and be out of bitcoin world,soo these is something around 70% from total owners waiting bitcoin return to 1000 or go above ,and left bitcoin.

A lot of people are looking for a way out maybe, but I think some of them also see the value of bitcoin. They did invest bitcoin for a reason.

[spirit of btc]

As a day trader of bitcoins, price of bitcoin will very much matters to me. I love it when fluctuations of bitcoin price occurs.
Not big fluctuations, when fluctuations happen often people will stop believing bitcoins.

[Newcoins2020]

As a day trader of bitcoins, price of bitcoin will very much matters to me. I love it when fluctuations of bitcoin price occurs.
Not big fluctuations, when fluctuations happen often people will stop believing bitcoins.

Not me I will just buy more bitcoins Maybe I will get lucky that I will get more money.
Of course for you is a big deal, because you trade that is just good enought.

[knowhow]

I had bought some bitcoins to invest into a project where a believed,i had taken the money and nowadays all bitcoins i have is mostly earnings from here and from exchange and some loans and investement projects that keep generating more coins.

[michietn94]

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

[hunnaryb]

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.

[HarHarHar9965]

As a day trader of bitcoins, price of bitcoin will very much matters to me. I love it when fluctuations of bitcoin price occurs.
Not big fluctuations, when fluctuations happen often people will stop believing bitcoins.

Yup bitcoin price matters because Due to Transparency, digital and High value. these are main reason people switching to Bitcoin Especially traders and exchangers are really focus on price.