Does the Price of Bitcoin Matter?

[Finestream]

I'm usually look bitcoin graph before try to invest. Usually I'm spending about 10-15 % of my salary !
So when bitcoin reach preferred value, I try to made quick profit otherwise I will just wait for next halving

I think its more good thing to do buy and buy more bitcoin because the price will increase more soon
We are not fortune teller its just my speculation the price of bitcoin is not so very stable.

I agree whenever you are going to see the price of bitcoin at low price then don't wait for the price to increase instead go buy now.

And the price itself is making the cycle of bitcoin in the market because if bitcoin is no value at all then it is totally useless and we are not going to use.

We are going to abandon it for real and won't waste time that is not going to give us benefits, price really matters.

Every price fall back is a great opportunity to buy, we do not need to waste time but grab the opportunity immediately, for me now is the right time to buy as the price is falling a big and a good way to add on our investment, just don't think that this is the highest price of bitcoin as we are going to achieve the best price for this year which is $1,000.

[extrabyte]

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop  little bit people and companies will stop using it..

[freedomgo]

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop  little bit people and companies will stop using it..

One thing I am certain is the more the price of bitcoin will continue to increase the more people will adopt because they will look at bitcoin as a good investment due to the progressive market and more business as well will accept bitcoin if they see good market on the number of adopters.

[Betwrong]

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop  little bit people and companies will stop using it..

One thing I am certain is the more the price of bitcoin will continue to increase the more people will adopt because they will look at bitcoin as a good investment due to the progressive market and more business as well will accept bitcoin if they see good market on the number of adopters.

Yes, and this is like nuclear chain reaction: the more people will adopt Bitocoin the higher will be the price of it and then even more people will adopt bitcoin and so on... That's why I think we can get big numbers for the price of BTC in the future. We can't even imagine now how big they can be. When Bitcoin was worth $5 many people thought that this was its high limit.

[eddyubachs]

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop  little bit people and companies will stop using it..

One thing I am certain is the more the price of bitcoin will continue to increase the more people will adopt because they will look at bitcoin as a good investment due to the progressive market and more business as well will accept bitcoin if they see good market on the number of adopters.

Higher price of bitcoin will depend on the adoption level, if adoption goes higher then it will surely have positive impact on the price of bitcoin and that is likely to happen in future.

[Newcoins2020]

Ofcourse it matters. The higher the price of one bitcoin the more value it will have. More people would be interested and also higher price > more globally known.
If bitcoin would be worth only a penny per coin then it wouldn't be very attractive would it?

[Pursuer]

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop  little bit people and companies will stop using it..

One thing I am certain is the more the price of bitcoin will continue to increase the more people will adopt because they will look at bitcoin as a good investment due to the progressive market and more business as well will accept bitcoin if they see good market on the number of adopters.

Higher price of bitcoin will depend on the adoption level, if adoption goes higher then it will surely have positive impact on the price of bitcoin and that is likely to happen in future.

that adoption level you are talking about will never happen as long as everybody is only thinking about bitcoin as a quick investment to make more fiat out of it. because all those who think this way will never be willing to spend anything out of their stash and will dump bitcoin as soon as the price has gone up so the adoption will stay as it is until people around here start treating bitcoin more like a currency instead of a rocket to the moon.

[mark coins]

Ofcourse it matters. The higher the price of one bitcoin the more value it will have. More people would be interested and also higher price > more globally known.
If bitcoin would be worth only a penny per coin then it wouldn't be very attractive would it?

Yeah if price of bitcoin will fall to extreme level in future then many people will prefer to quit bitcoins and will switch to some other product from where they can make good profits.

[Sandroxa]

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

The Bitcoin price is so important because that is what is letting people decide of they are going to buy or sell their Bitcoin.
If the value is low then of course they are going to buy and if it goes up then they will probably sell.

[randy8777]

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.

[tampazeus]

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.

Yes and if price gets stable in future then I don't think many of them would be interested their money in it as they won't be able to make quick profits if there is no price fluctuations.

[Labumi]

Yes the price does matter, people that are new are investing on the bitcoin based on the price, I think its good that we have a price.
If we had no price a lot of people and company's never stepped in..

without a volatile price, it would basically be a waste of time for investors to step into bitcoin. so yes, in that aspect the price plays a crucial role into attracting money from traders to make sure the market has enough (or at least a good amount) liquidity.

At this current point in time yes people invest to speculate and make money.  In the future though bitcoin might be the safe stable place to always hold your money and then speculate in other things like USD.

i don't think bitcoin will be stable enough where people say it's a safe haven to store money in. volatility will always be an important part of bitcoin. that makes bitcoin interesting for traders as that will attract fresh money.

Yeah that's the right thing. because it basically every technology has its own heyday, so we don't have to do considerable changes in response to a technology. enough to use it properly, then we definitely will benefit

[Corenin]

Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.

[sulendra12]

Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.

Yeah it does , Bitcoin's price is good point for joining the bitcoin world because it has good prospect and the price is keep going up every time.
Also , you can doing investment too like trading and holding. You can get lot of benefit if start bitcoin's journey.

[torrentheaven]

Yes price of bitcoin really matters to me as I buy only when I feel that price is low and sell them when I see higher price so that I can collect some profits from it.

Yeah it does , Bitcoin's price is good point for joining the bitcoin world because it has good prospect and the price is keep going up every time.
Also , you can doing investment too like trading and holding. You can get lot of benefit if start bitcoin's journey.

Yes when it comes to bitcoin, price is a major factor as our actions and decision will depend on its price as we will sell our coins only at that point when we are grabbing good profits from it.

[BitsandBites]

Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

[danherbias07]

Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

[agustina2]

Yes when it comes to bitcoin, price is a major factor as our actions and decision will depend on its price as we will sell our coins only at that point when we are grabbing good profits from it.

The most major factor is those things that revolving around the current price and not the price value itself.

Why the price reached that level?

What is the average volumes per day?

What is the average price high and low per day?

What are some speculations that good close to real fact why the price surges up?

If it all depends on the price when people want to sold their coins, they will have been wrecked in most of the cases like solding at the range of $600 then suddenly price rose to $800. Remember to know things that bring the price to that level before taking such buy and sell moves.

[Cateinyard]

Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.

[Ziskinberg]

Yes the price of bitcoin matters for people and for investors alot. It also shows and reflects the value of bitcoin.
If the price is low then it means bitcoin is doing bad obviously so the higher the price the better it's doing and the more attention it will get. And that is what we are looking for.

I got one question that is popping up my head whenever the price goes down. Are there really that many people who sells bitcoin that time? The real question is why?
Why are they selling? Is there some news that it will go down that is why they panic sell?
Maybe I am just too worried.

Some people are short term investors. When the price rise to their target, they will sell to get some profit.

That is why the price matters to them and we traders does not want to see the price of bitcoin to be stable as we are making money on the volatility of the price.