Does the Price of Bitcoin Matter?

[bit1]

Absolutely yes. Investors and traders consider bitcoin because of its price. Thus, they can ascretain if they'll earn profit in bitcoin or not. For investors, they invest in bitcoin so they can earn as bitcoin pumps its value because of big investors. For traders, they consider bitcoin's price so they can earn profit if there is flactuations and volitality.

Yeah price is very important for bitcoin users especially investors or traders. They wait and hold the bitcoin and wait patiently. What they are waiting for is a price that turns high and goes down (depending on the need)
Price is very important for bitcoin life

The reason why more and more people are interested, is because they want to get this while it is cheaper,
having said that, then the answer is yes, as over time its value has been increasing and while that happens,
the price does matter, I guess.

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[Esphere.in]

Bitcoins value is derived from 2 things. First is its use as a currency where its advantage over fiat is mainly its anonymity. Second is its speculative value which is derived in large part from all the hodlers. The price doesn't matter for those using it as a currency but it obviously matters for those investing and holding bitcoin.

First if you are using your funds like fiat to purchase bitcoin through an exchange then the anonymity is lost and vice versa,if you are selling your coins and getting that money in your bank account.The price does matter for those who have invested in bitcoin.

[SHANTA]

The Bitcoin cost is the most imperative thing in Bitcoin as I would see it. The cost depends if the Bitcoin clients are going purchase or going to offer coins. You can see that when the cost is steady for to long individuals become weary of holding up and stop with Bitcoin.

[Savemore]

Of course. The price is the reason why many people want to invest their money in the cryptocurrency world. Price also is the main reason why many people are staying and earning bitcoins.

[carlisle1]

Of course. The price is the reason why many people want to invest their money in the cryptocurrency world. Price also is the main reason why many people are staying and earning bitcoins.

for those who didn't realized how big bitcoin is they are just thinking of it as a source of investment but they didn't look at it as a system that possibly overtake fiat system we are in the new ear now and bitcoin can be the currency for digital world and with more developments to happen aside for being an investment it will be useful in coming years.

[Love!]

Ask 1,000 different people and you will get 1,000 different answers. It depends on how people look at Bitcoin and the reasons they do or not use them.

[kpcian]

Definitely,
If the doesn't matter then why people are going to be involved in this platform, people generally getting engaged in Bitcoin for the purpose of making profit, if price is high then investor will gain a good profit but if price low then they will occur a lose if they will sell...so price is the main factor to influence people to connect with Bitcoin...

[batang_bitcoin]

Ask 1,000 different people and you will get 1,000 different answers. It depends on how people look at Bitcoin and the reasons they do or not use them.

Well we do have different suggestions and opinions with this question. But it's very obvious that the price of bitcoin does really matter. When the price is increasing, those people that are hoping for it will sell their bitcoins and will just wait again the price to get back at dip. And when it is on that rate already, they will just buy so price does really matters.

[Tyrantt]

If I were to give a definitive answer, I'd say yes. Because the price can show how strong bitcoin is and that there is a demand for it. Also, the price being sure to rise up is a great sign for investors. So, yes, I think that the price matter quite a lot.

[avikz]

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

For me, only the value of bitcoin matters and nothing else, not the technology. I am a long term investor of bitcoin and I am earning since the price was at 450 USD. I started trading at the same time. So bitcoin has become a second line of income for me by now. I have a day job and I trade during weekends only which adds a good amount to my portfolio every week.

Bitcoin has the potential to go up in future and hence I am investing in bitcoin. I have also recently diversified to ETH because the price of ETH is increasing continuously. For me, crypto currency is an investment where the price and profit matters.

[Mpamaegbu]

I really do not think the price matters to traders. Whether up or down the traders will still trade and make profit. What matters to the traders is the fluidity and liquidity that Bitcoin commands because it aids in the movement (trend) of the coins.

However, the price of Bitcoin will be of a major concern to those who hoard it in anticipation for a future price increase so they can upload to the market for profit or in exchange for goods and services. This set of people will always wish the trend continues on the upward.

[skorupi17]

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

Today, the price really matters. Some rely on Bitcoin for income and since it is in the issue of money, the price is crucial. Many are investing in Bitcoin, some are earning Bitcoin. These people are seeking income and profit from Bitcoin so if the price goes down then they will not gain a profit and if the price increases  then a good profit will be at hand. Price has become so important today because most of the people that uses Bitcoin seeks for profit.

[kensai7]

If the price is going up, it helps miners keep being motivated to crunch. Difficulty to mine is rising each day that passes, so it makes sense to have them rewarded with higher prices. In this sense, the price really matters.

[aiaiwho]

If the price is going up, it helps miners keep being motivated to crunch. Difficulty to mine is rising each day that passes, so it makes sense to have them rewarded with higher prices. In this sense, the price really matters.

Well if the price goes down some miners will just turn off their rigs and difficulty will go down instead so it doesn't really matter for mining as a whole. Of course the ones with the lowest profit margins will be hit when that happens though.

[mharz]

Yes, price of bitcoin have matter, because if the price of bitcoin had no matter why a lot of people were wants to earn bitcoin? Because they want to exchange into real money.

[Finestream]

If the price is going up, it helps miners keep being motivated to crunch. Difficulty to mine is rising each day that passes, so it makes sense to have them rewarded with higher prices. In this sense, the price really matters.

Well if the price goes down some miners will just turn off their rigs and difficulty will go down instead so it doesn't really matter for mining as a whole. Of course the ones with the lowest profit margins will be hit when that happens though.

Business is profitable for them if the price is high, they will have to pay for the operating expenses in order to continue their business and they are not only solely mining, they also invest, so their interest is to see the price increase which is happening now.

[Casdinyard]

Yes, price of bitcoin have matter, because if the price of bitcoin had no matter why a lot of people were wants to earn bitcoin? Because they want to exchange into real money.

All aspects that make bitcoin, matters.
Especially the value. The value determines the price.
We always look after the price. How far it would go. Its pump and dump.
As today's price is decreasing, its good to buy now for us to make a big profit.

[Sled]

Yes, price of bitcoin have matter, because if the price of bitcoin had no matter why a lot of people were wants to earn bitcoin? Because they want to exchange into real money.

All aspects that make bitcoin, matters.
Especially the value. The value determines the price.
We always look after the price. How far it would go. Its pump and dump.
As today's price is decreasing, its good to buy now for us to make a big profit.

Value or the price of bitcoin is one of the most matter because if bitcoin will not that high right now then the miners will just leave bitcoin and transfer to other coins like ethereum and they will just continue mining their and leave bitcoin in the dust. Most of the people wants high value because that is one of the easiest way to tell that it is a good investment.

[Beparanf]

Yes, price of bitcoin have matter, because if the price of bitcoin had no matter why a lot of people were wants to earn bitcoin? Because they want to exchange into real money.

All aspects that make bitcoin, matters.
Especially the value. The value determines the price.
We always look after the price. How far it would go. Its pump and dump.
As today's price is decreasing, its good to buy now for us to make a big profit.

Value or the price of bitcoin is one of the most matter because if bitcoin will not that high right now then the miners will just leave bitcoin and transfer to other coins like ethereum and they will just continue mining their and leave bitcoin in the dust. Most of the people wants high value because that is one of the easiest way to tell that it is a good investment.

If the price is high, thats the good time to influence others . Bitcoin price is the reason why I joined btc ,but lately im entering also in alts but will still left some amount in btc since for sure soon it will pump again.

[Chachacoin17]

Yes, price of bitcoin have matter, because if the price of bitcoin had no matter why a lot of people were wants to earn bitcoin? Because they want to exchange into real money.

All aspects that make bitcoin, matters.
Especially the value. The value determines the price.
We always look after the price. How far it would go. Its pump and dump.
As today's price is decreasing, its good to buy now for us to make a big profit.

Value or the price of bitcoin is one of the most matter because if bitcoin will not that high right now then the miners will just leave bitcoin and transfer to other coins like ethereum and they will just continue mining their and leave bitcoin in the dust. Most of the people wants high value because that is one of the easiest way to tell that it is a good investment.

If the price is high, thats the good time to influence others . Bitcoin price is the reason why I joined btc ,but lately im entering also in alts but will still left some amount in btc since for sure soon it will pump again.

We must not always depend on the price always, but you must be always aware and have the knowledge on the system that digital currency is about to change at anytime. There is no certain time when it will change it's value, you must also observe the fluctuations of bitcoin price in the market you cannot expect bigger price always and change is always there; so expect for the worst and prepare for the best.