Does the Price of Bitcoin Matter?

[betMaster]

Of course it matters. The higher the more people are interested in anything.

I don't totally agree with you. It is true that people are interested when the price is higher because every human being on earth seek to make money, but, price in bitcoin does not matter. The price is willing to get higher, so if you're paid in bitcoin now, your money is now worth a specific amount that can even reach double if bitcoin goes higher. Working and getting paid in bitcoin is good as a long term plan because the price is expected to get higher and higher by time, so, that's why the price of bitcoin does not matter now if you have plans for the future.

[1715651580]

1715651580

[mr_enoc]

Yes it matters, some of us are get involved with bitcoin because of it's value.

[_Dawid_]

Currently the price of Bitcoin is mainly speculation that's why the price is always changing. Its price is very important and essential for miners.
Actually the price of Bitcoin decide of its popularity which usually helps improve the Bitcoin's situation.So it is matter.

[BUK2016]

Yes the price or bitcoin market value really matter because without its current value none of us wouldn't have been be here. At the time bitcoin value was less than $5 so many people were not interested but when its value increase to what it is today that brought about many of us are here in this forum.

[7788bitcoin]

Well to the devotees like you, price of Bitcoin will not matter since you believe in inherent value lying under the Bitcoin. However, for most people, the price of Bitcoin can serve as a trigger whether to invest their money into Bitcoin or not. If the Bitcoin price rises high, more and more people will start to participate, otherwise no.

There is another underlying factor to that,if the price keeps on increasing then bitcoin wont get new small time investors because it is beyond them to spend a huge amount of money for a fraction of the pie,certainly for every investor price does matter irrespective of what the underlying technology is and i am looking forward to the fork this coming month.

[scott1]

I'd have to agree that the price is rather crucial in these (still) "early days" to grow adoption and infrastructure development to a critical point where ease of use and comfort with the currency exceed or, at least, match fiat currencies. I'm going to argue that the vast majority of people who are entering the space now and buying BTC or altcoins are doing so to profit from speculation. Thus, if BTC is to continue to attract more infrastructure investment, incentivized by a growing user base, then you'd want the price to continue to present investors with attractive returns on their investment. Over time, it would seem logical that "price appreciation" becomes less important, because investment in infrastructure has made BTC a much more frictionless vehicle to transfer value, and new users are now joining for the quality of the protocol/experience vs. the traditional fiat market rather than just to speculate on an outsized gain on invested capital.

[meebs]

The price of bitcoins does matters as your buying and selling decisions will depend only on its price as you will never sell at low price and never buy it at higher price and its only the price of bitcoins that attracts people towards and if the price of bitcoin falls to extreme level in future then there will be many people who will prefer to quit bitcoins and switch to some other investments.

[lagracia]

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.

This says a lot. As many people look at it as currency, the price is too mainstream. And as I can see many people also invest in bitcoin, so the price is extremely important. I believe many people was attracted to bitcoin due to its increasing price, (it varies and depends tho). We don't know in the future but when bitcoin's price failed I think there are people who'll surely quit.

[jatin729]

Yes obvious price matter,
There are factor which attracts the investors one of factor is price of the particular.
For eg. when bitcoin was made price was about 0.004 USd/ btc, few of the people were interested to invested at that time, but after some time bitcoin price increased
than  investors shown interest. Yes price matter. 

[Hotel_Prodeo]

No, I think bitcoin price matter because decentralized system is a price that can go up tens of percent in a day. the first thing before we invest bitcoin is dare to take risks.

[paul00]

I don't think that blockchain has a relevant connection on fees that banks where able to get from clients since we should consider bitcoin as a different entity from the bank. If banks has statement of their clients account, this should go as well with bitcoin. A bank intermediary for seeing this would not be necessary since bitcoin is digital currency and bank deposits and into the normal currency. Moreover profits of the back does not directly affect the profit and loss bitcoin has been able to produce.

[Kakawate]

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

Honestly speaking, yes, bitcoins price matters. People are attracted to bitcoin because of its continually increasing value. We are all very happy and expectant of the use and convenience that bitcoin brings, but most people are buying bitcoin for profit purposes and I don't really blame them for that.

[Hawkers7]

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 the price of bitcoin really matter it is because since the price of bitcoin is unstable, it can go higher or lower. We should know the current price and past price of bitcoin if we are going to sell or buy bitcoin for us to compare the price. We should also know how to monitor the bitcoin price.

[freedomgo]

No, I think bitcoin price matter because decentralized system is a price that can go up tens of percent in a day. the first thing before we invest bitcoin is dare to take risks.

Not all decentralized system goes up, actually for now only bitcoin is having a progressive market due to good news and trust of the people who
keeps putting their money and using the system. This is not dictated and controlled by the government so we can ensure it cannot be hardly manipulated
and we can trust it as our investment then.

[ankylotic]

The price of bitcoins does matters as your buying and selling decisions will depend only on its price as you will never sell at low price and never buy it at higher price and its only the price of bitcoins that attracts people towards and if the price of bitcoin falls to extreme level in future then there will be many people who will prefer to quit bitcoins and switch to some other investments.

exactly it is a kind of business and you have to follow the up and down of it. certainly bitcoin people will buy when prices are down or are suitable for purchase. so the prices are very giving an important role in terms of benefits for you. many of the people are there involves in bitcoin are willing to get more and more profit in the future and want to be millionare in future which will only happen when price goes beyond imagination.

[Botnake]

The price of bitcoins does matters as your buying and selling decisions will depend only on its price as you will never sell at low price and never buy it at higher price and its only the price of bitcoins that attracts people towards and if the price of bitcoin falls to extreme level in future then there will be many people who will prefer to quit bitcoins and switch to some other investments.

exactly it is a kind of business and you have to follow the up and down of it. certainly bitcoin people will buy when prices are down or are suitable for purchase. so the prices are very giving an important role in terms of benefits for you. many of the people are there involves in bitcoin are willing to get more and more profit in the future and want to be millionare in future which will only happen when price goes beyond imagination.

This will favor the whales much because they can buy and sell at a big capital leading them to a great income.
It's easy actually because it is only based on the speculation of the people and the market will begin to move, right now as the price is rising
what we have to do is just hold our bitcoins and sell when the dump will start.

[frmracc]

In my opinion yes, the price of bitcoin is really matter. It will attract many people to start using bitcoin, people will curious about bitcoin why the bitcoin price is so high. I think one of the biggest advantage on bitcoin is the price itself. If the price of bitcoin is really low, people will not see it.

[AngelSky]

Yes obvious price matter,
There are factor which attracts the investors one of factor is price of the particular.
For eg. when bitcoin was made price was about 0.004 USd/ btc, few of the people were interested to invested at that time, but after some time bitcoin price increased
than  investors shown interest. Yes price matter. 

Yes of course ,the price of bitcoin is reason for many are investing in a bitcoin.If the price reduce below 3000$ means,many investor will stop to inverse their money in bitcoin.So the price maters for the investing on any source including the bitcoin.But try to buy the bitcoin ,when the price is low not high.

[ndcm]

Yes, the price of the bitcoin matters. It attracts most of the people and it makes BTC popular. Making it to $5000 from $0.8 is such an unbelievable phase. So, does price really an important aspect why bitcoin is hitting the market.

[Rajamuda]

Of course it's matter, bitcoin is mostly known by many people because of the price. The higher of price will become more familiar to many people, and will be more of them being interested in bitcoin and start to earn it in their own way. Well so far has proven bitcoin price continue to lead to an increasing from than previous years, and proved has been increasingly a famous bitcoin among many peoples in this world, which used to be only a small part of people only who know bitcoin I guess.