Does the Price of Bitcoin Matter?

[BingoDog]

The price is important we can't deny it. Maybe not so much for the people who are in Bitcoin for a long time but good price can also attract new people which is good for mass adoption. We all love Bitcoin but we also like to earn something and that is why the price matters.

[freedomgo]

The price is important we can't deny it. Maybe not so much for the people who are in Bitcoin for a long time but good price can also attract new people which is good for mass adoption. We all love Bitcoin but we also like to earn something and that is why the price matters.

Regardless on how long you have been in bitcoin. Price do really matters because that will significantly give you the probable profit that you can get for the total bitcoins that you have in your cold storage or the amount you can get by just simply earning from your source of income. And if bitcoin doesn't have valuable price then we won't be all here.

The value is what matters and that is the price of bitcoin, it matters to us who want to earn as we love to see increasing amount but for gamblers price matter but the movement is not.

[bamboylee]

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.

Fluctuating price is profitable for traders. But to merchandisers and users only, it is a pain. It is a pain if  you have to buy on a high price and few minutes, you have to use it on a lower value. So regular users prefer it to be stable but slowly increasing in value.

[Reid]

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.

I do agree with that. I heard a lot of conversation from my friends when it comes to bitcoin it is all about the money. Making money out of it or a good reserve if they are not doing anything with their cash. Instead of just putting it in banks where it dont move there.

[madwica]

It would matter bitcoin is an investment and we can earn money and our basis is the value of bitcoin to compute how much do we earn by collecting bitcoin every day.

[mirakal]

It would matter bitcoin is an investment and we can earn money and our basis is the value of bitcoin to compute how much do we earn by collecting bitcoin every day.

I agree, if we consider bitcoin as our investment we always seek for the price increase because we buy low and we love to sell high for a profit.. I believe that the price will eventually be big in the future and that is the beauty of bitcoin.

[jossiel]

It would matter bitcoin is an investment and we can earn money and our basis is the value of bitcoin to compute how much do we earn by collecting bitcoin every day.

And bitcoin doesn't have value then usually the price of bitcoin is not going to be worth to invest. But since, bitcoin has a very good value.

Many of us are becoming crazy as we invest in bitcoin because the price is now increasing and that is in our favor.

But if the price of bitcoin is decreasing then for sure many of us will become anger and lose hope for their investments.

[FlamingFingers]

It would matter bitcoin is an investment and we can earn money and our basis is the value of bitcoin to compute how much do we earn by collecting bitcoin every day.

And bitcoin doesn't have value then usually the price of bitcoin is not going to be worth to invest. But since, bitcoin has a very good value.

Many of us are becoming crazy as we invest in bitcoin because the price is now increasing and that is in our favor.

But if the price of bitcoin is decreasing then for sure many of us will become anger and lose hope for their investments.

Exactly, if anyone found that Bitcoin isn't worth the efforts to collect/earn it, then, probably a lot of people would neglect it(Me included). As people see that Bitcoin price is getting higher and higher every day, they get more interested in obtaining it which raise the price even higher due to demand and all users/holders gain the profits  .

[Positid]

It would matter bitcoin is an investment and we can earn money and our basis is the value of bitcoin to compute how much do we earn by collecting bitcoin every day.

And bitcoin doesn't have value then usually the price of bitcoin is not going to be worth to invest. But since, bitcoin has a very good value.

Many of us are becoming crazy as we invest in bitcoin because the price is now increasing and that is in our favor.

But if the price of bitcoin is decreasing then for sure many of us will become anger and lose hope for their investments.

Not only now, we have seen big price increase in the past but this year is different because it's consistent this year and as an investor we hope for success in the future and we can only have that success if we involve ourselves in investment now.

[Doamader]

For the people that does use and buy and sell bitcoins all days the price will always matters, i remember paid one domain for some bitcoins at namecheap, if i had waited the new value after the halving my balance would be above 40% atleast, but well since i were able to use my bitcoins to pay for the service im happy.

[shield132]

It depends on person if he is using bitcoin. Of course for every person cares about what's going on about the currency he is using because inflation of money will cause problems for him and cheap things will be middle cheap, I wanted to say that small example. Now what's about bitcoin, this whole forum and Economics section is about them who matters about it's price.

[MTBTT]

For the people that does use and buy and sell bitcoins all days the price will always matters, i remember paid one domain for some bitcoins at namecheap, if i had waited the new value after the halving my balance would be above 40% atleast, but well since i were able to use my bitcoins to pay for the service im happy.

I think whatever your destination using bitcoin, whether you're buying or selling or both, I think the rate or price will always be needed because without the price of bitcoin is not any and there is no meaning

[PhilPrime]

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

Price matters no matter what. It is in trend now and the mass adapt it due to its valie. Its value increasing as expected and its stability now is more stable than before. The transactions with bitcoin now becomes bolder and wider. It smoothen the possibility on trading and transaction works.

[Finestream]

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

Price matters no matter what. It is in trend now and the mass adapt it due to its valie. Its value increasing as expected and its stability now is more stable than before. The transactions with bitcoin now becomes bolder and wider. It smoothen the possibility on trading and transaction works.

It's matters to those who considered it as an investment, if the price is good people are interested to adopt and it will benefit the entire economy of bitcoin. People are coming in and price increase and we make profit, that's the nature of it and that is what we are trying to preserve to continue.

[(altair)]

Yes it really is. If bitcoin has small value then people that earns bitcoin will stop or quit earning amd using it. Also people won't be interested if its value is small. If it has a big value and rising continuously, in the future more people will get interested to it and start to use it.

[freedomgo]

Yes it really is. If bitcoin has small value then people that earns bitcoin will stop or quit earning amd using it. Also people won't be interested if its value is small. If it has a big value and rising continuously, in the future more people will get interested to it and start to use it.

It's not all about earning dude because bitcoin is design as a currency and not as an investment. There still a lot of users considering this as a payment method and they are not investing anything.

[V1saya]

Yeah bitcoin price really does matters. Many people says that reason why altcoins keep on going down and only went up temporarily when there are important updates and pump situations because they are always beaten by bitcoin.

[Ashong Salonga]

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

Yes it matters. The best time in trading bitcoin is when its price goes down. If the btc rate goes up, do not trade but keep you btc.

[Xenophoto]

Yes it really is. If bitcoin has small value then people that earns bitcoin will stop or quit earning amd using it. Also people won't be interested if its value is small. If it has a big value and rising continuously, in the future more people will get interested to it and start to use it.

If that is a fact, then no one should be interested in altcoins. Altcoins cost much less than bitcoins but yet here we are investing in altcoins for income. Remember where we came from. Back then, bitcoin wasn't worth that much. People think it's a scam. They didn't prioritize it. But today if someone can go back to the past, he would surely buy as much bitcoins as he can. Just because something isn't worth that much right now, doesn't mean that there's no room for improvement. Actually there's a huge room for improvement. What you're not giving value right now might increase in price later.

[Drago2016]

Yeah bitcoin price really does matters. Many people says that reason why altcoins keep on going down and only went up temporarily when there are important updates and pump situations because they are always beaten by bitcoin.

Some argue that when the price of bitcoin grows, the price falls altkoin