Does the Price of Bitcoin Matter?

[Windpower]

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

The price of Bitcoin definitely does matter to me and to a lot of other people as well. If the price was not as high as it is now, there would barely be any users. Most people are here for the price and how the increase of it will earn them some good profit. Hopefully the price of Bitcoin continues to rise so that more and more people get interested with it and invest.

[stompix]

After two years and 150 pages, I wonder, has anybody asked:
"Does anything else but the price of bitcoin matter"?

Because right now Bitcoin is still fueled more by hope rather than other more important things (in my opinion).

Let's be honest if bitcoin would hover for 10 years around this price only like 1% of us will still be around.
It's like a honey pot where everybody thinks only how much he will make.

The idealists have long ago left the boat.

[Fatanut]

After two years and 150 pages, I wonder, has anybody asked:
"Does anything else but the price of bitcoin matter"?

Because right now Bitcoin is still fueled more by hope rather than other more important things (in my opinion).

Let's be honest if bitcoin would hover for 10 years around this price only like 1% of us will still be around.
It's like a honey pot where everybody thinks only how much he will make.

The idealists have long ago left the boat.

Hmmm. If so, then they have lost their opportunity to sell at this peak price of $1200. And they can even sell at a much higher price in the future. Bitcoin is fueled by hope to those that have no more money to invest. We are simply waiting for the price to increase. But to higher people or to the whales, the whole thing surely is a game. A game where there's full of connection to each other. Is China going to dump? Is Japan going to buy more? etc.

I will be honest with you that if the price didn't increase at all, I would still stick around. We're not simply holding bitcoins, we're also earning more bitcoins as time pass by. Thinking of the tremendous amount of altcoin crowdsales going on, I really doubt that bitcoin's price will stay the same since the popularity of cryptocurrency is increasing. It's always impossible for something that's built with the supply/demand relationship to have the same price within 10 years unless the market is already dead. To me, bitcoin will always have movements regardless if it's up or down.

[webtricks]

After two years and 150 pages, I wonder, has anybody asked:
"Does anything else but the price of bitcoin matter"?

Because right now Bitcoin is still fueled more by hope rather than other more important things (in my opinion).

Let's be honest if bitcoin would hover for 10 years around this price only like 1% of us will still be around.
It's like a honey pot where everybody thinks only how much he will make.

The idealists have long ago left the boat.

Really philosophist one!!
Well, you can't put all the beeds in one string. I agree majority of Bitcoin enthusiasts are those who are with Bitcoin only due to significant increase in price but not everyone!! Don't forget, along with investing item, Bitcoin is largely accepted as means of payment! People are dealing and trading in Bitcoin units irrespective of fiat prices. Hence, there are still people who are exploiting something more from Bitcoin just than investment.

[rickadone]

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.

Yeah I don’t see the point of trying to treat bitcoin as independent before it has reached that level. In the real world most things one wants are not available to be bought with Bitcoin anyway. So, you always have to be looking at the amount bitcoin is worth to know what the total value of your BTC investment is worth. Eventually though I think it could be possible to treat bitcoin as its own currency and not compare it.

[Pattart]

Price really matters as I think people take decision of buying or selling their coins looking only at the price so its really important factor for each and every user who is using bitcoins or who invested money in bitcoins.

I think all things or all of the functions of bitcoin will be related to the price, when you want to use bitcoin for shopping, of course rate will affect how much bitcoin should you pay and etc

[cinchin]

- The price of bitcoin really has problems because its price is rising too fast and there is no stop sign, I do not know what the problem is, I just know if something goes up too fast or too slow, it will have the risk and trouble behind it
- Bitcoin too, it is a potential currency and the price increase is of course, but its price is rising so fast that it can easily collapse because the platform is not solid and not stable, the rapid price increase could be a trap for investors and traders

[choppork]

- The price of bitcoin really has problems because its price is rising too fast and there is no stop sign, I do not know what the problem is, I just know if something goes up too fast or too slow, it will have the risk and trouble behind it
- Bitcoin too, it is a potential currency and the price increase is of course, but its price is rising so fast that it can easily collapse because the platform is not solid and not stable, the rapid price increase could be a trap for investors and traders

What market has a "stop sign" anyway? Isn't it a good thing if the price of bitcoin is rising too fast? That means that we are going to make more money. The people that have buy order at a much lower price will move up their offers so there would be walls below the current price of bitcoin. The walls on those buy orders might even be stronger than the walls before since traders would want the price to continue rising. They wouldn't let bitcoin's price go down so easily.

If something goes too fast, people say that it's even risky because there might be little support in the market. When the price is going too slow, people say that the investment is not good at all. People just don't know when to be happy about the market's behavior.

[delliaerd]

- The price of bitcoin really has problems because its price is rising too fast and there is no stop sign, I do not know what the problem is, I just know if something goes up too fast or too slow, it will have the risk and trouble behind itXa
- Bitcoin too, it is a potential currency and the price increase is of course, but its price is rising so fast that it can easily collapse because the platform is not solid and not stable, the rapid price increase could be a trap for investors and traders

yeah bitcoin has fluctuating price which difficult enough to predict. but i am totally agree that it is very profitable for a trader to get some profit only from a little  movement of graph..
so for my self bitcoin price is not a matter instead it can bring me more money .

[darthmaul]

Well I believe I will not accept your statement so easily. Idea of bitcoin is to give you freedom of choice in terms of how you use your money. Being decentralised it has its own price in the market. For this price, bitcoin is most popular in the world. If it had no value then ït had no value" of course! Bitcoin is gaining more popularity because of its incremental price chart. People trade, share, gamble bitcoin for more money more profits. It has to have all that to gain its power. So according to me yes bitcoin price matters a lot. :-)

[bitbob82]

Price really matters as I think people take decision of buying or selling their coins looking only at the price so its really important factor for each and every user who is using bitcoins or who invested money in bitcoins.

the price is very important for anyone. for traders, investors, or merchants, regardless of the price they will not be able to do anything to use bitcoin.

yes that is very right to say that the price of bitcoin really play an important role for investors and for merchants also. i think they are taking interest in bitcoin because of its price, if the price of bitcoin will drop the they will never like to take any interest in  bitcoin. it is all because of the price of bitcoin that they are taking interest in it.

[Neo_matrix]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

[stergium]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

yes there is no doubt about this, that the price of bitcoin really play important role for everyone,  as we are investing our money here in bitcoin because we are expecting that the price of bitcoin will increase and will give us good profit. therefore we are going to hold bitcoin and put our money in risk.

[warwar]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

Yeah the main thing that supports bitcoins popularity is its price.If bitcoins has no price as its like when bitcoins is newly realeased would it have and gain popularity like where is bitcoins now.No,so the only interesting thing that attracts users is bitcoins price

[Farma]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

from the beginning until now, people still consider the rise and decline of bitcoin prices in the near future, and prepare a strategy to take advantage of it. Well, all the players trading must always pay attention to the price, even I also always pay attention to it. well, that proves that the price of bitcoin is so important to make a profit, and also for users bitcoin.

[tabas]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

yes there is no doubt about this, that the price of bitcoin really play important role for everyone,  as we are investing our money here in bitcoin because we are expecting that the price of bitcoin will increase and will give us good profit. therefore we are going to hold bitcoin and put our money in risk.

Most of us are here because of the price of bitcoin because it is very promising with the type of movement that is giving us. And it already affects our lives whenever the price of bitcoin is moving up or down. That's why the price does really matter and it's a very important thing right now since the price is already at $1k+.

[Creepings]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

Bitcoin price is really very important especially to investors and traders which, they earn based on how the price pumps or increases. As a user, and also an investor, I really want to make a investment that will give me money, and one of the great assets now are digital currency like bitcoin. There are a lot of other but they are just called attcoins.  I think without these altcoin, bitcoin's nothing to compare to, especially virtually.

[delliaerd]

For me the price of bitcoin is of great importance. I invest in bitcoin. And I always watch to buy bitcoin at a time when the price goes down. And you can sell at a time when the price goes up

yes there is no doubt about this, that the price of bitcoin really play important role for everyone,  as we are investing our money here in bitcoin because we are expecting that the price of bitcoin will increase and will give us good profit. therefore we are going to hold bitcoin and put our money in risk.

Most of us are here because of the price of bitcoin because it is very promising with the type of movement that is giving us. And it already affects our lives whenever the price of bitcoin is moving up or down. That's why the price does really matter and it's a very important thing right now since the price is already at $1k+.

Yeah dude, and i think the price of bitcoin will keep growing up again for some years later, as we knew that about one years ago the price of bitcoin around 450 - 600 dollars but for nowadays the price touch 1000 dollars more. The price of bitcoin will always give user benefit even profit.

[krisnt80]

Its the most important thing for the most people around bitcoin, its value, no one can only say they are interested into the technology just, because if you bought lower then 1000 dollars, or at 250 dollars or above you are able to roi and make a decent profit already. When i go shopping and i do see two similiar products i will choose the best one for me, but usually those means the cheaper, and i believe as me the most people do the same with food as well others things.

[Casabrandy]

Its the most important thing for the most people around bitcoin, its value, no one can only say they are interested into the technology just, because if you bought lower then 1000 dollars, or at 250 dollars or above you are able to roi and make a decent profit already. When i go shopping and i do see two similiar products i will choose the best one for me, but usually those means the cheaper, and i believe as me the most people do the same with food as well others things.

Bitcoin value is the reason why we use btc anyway ,its value is the primary asset of btc  thats  why many were interested in usinh it.Btc offers a lot of features and it helps in making bitcoin transactions convenient like banks.