Does the Price of Bitcoin Matter?

[sparrowsandcrosses]

The cost is very important to many of us. If it doesnt matter than no one uses Bitcoin which will be not good.The cost of Bitcoin is steady now so that is good. And also the many people think that the worth will be greater in the future.

[Nana21]

Even big bitcoin fans sometimes want to exchange some BTC to USD and at that time the price they bought at and the current price would matter and would determine if they made it into profit or still haven't got the needed fiat value to come at profit.

[4U]

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

It matters a lot if I would be asked. Its market value is continuously increasing as of this moment. It now reached 7500$ and is approaching to break the 8000-dollar barrier. The importance of its market value is that, the profit of the users especially the investors are dependent on its price. If the price is getting more expensive, surely, the profit tgat they will earn will also be big.

Yes of course bitcoin price matter because thousands of people are working here and they all are doing trade and investment here if the price go down and remain down so all the users will be suffer from bitcoin so I think every single user of bitcoin want to see bitcoin price high and they all are doing very hard work for it so price matter.

[The Alchemlst]

of course the price matters. it matters for 90% of the people who bought their coins. if the price is stable more people are willing to convert their savings into bitcoin. which isn't the case right now.

True the price of bitcoins matters in the market because its value dictates the amount of people and investors that would actually go with bitcoins.  Bitcoin would increase in price whenever the demand exceeds the supply and this is because more people wants to have bitcoins due to its very high price. The prices of bitcoin also matter when to buy or sell bitcoins.

[LogitechMouse]

Yes the price of bitcoin matters. One reason is because of the high price of bitcoin, more and more people are being interested to invest in bitcoin because they believe they will get profit with investing. When more people are being interested in investing in bitcoin, the demand will be higher than the supply and then the price will increase that's why the price of bitcoin matters all the time.

[shezu007]

Yes the price of bitcoin matters. One reason is because of the high price of bitcoin, more and more people are being interested to invest in bitcoin because they believe they will get profit with investing. When more people are being interested in investing in bitcoin, the demand will be higher than the supply and then the price will increase that's why the price of bitcoin matters all the time.

yes off course the price of bitcoin depend. why bitcoin is very famous it is all due to the price of bitcoin. when the price of bitcoin is going increasing then more people will taking interest in bitcoin because everyone want to earn money and bitcoin is a money. so if the rate is high then people will approach more to bitcoin as compare to other currency.

[Spontebob]

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

It obviously matters a lot. We all know that it is one of the main reason why most of the people are entering bitcoin, for the hope of making it to the top by earning large amount of money which is caused by the high price of it. The price of bitcoin is volatile and it is where we depend on either selling or buying which means it matters so much. It is also the one that brought bitcoin to the spotlight wherein as the value increased over time, the more popular it become.

[Ajinomoto40]

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 yes, the price matters. It is where we look up to when we first entered bitcoin. It is also the one that attracted more and more investors as time passes by. We also tend to depend on the price if bitcoin is in a good shape or not. We invested here because we know that the value is rising and we know that it will help us earn larger amount of money. In the future, all of us are hoping that the price will increase and all of these proves who the price of bitcoin matters.

[bummm]

The price of Bitcoin always matters, especially for those people who deal with this cryptocurrency constantly, buy and sell it, invest into projects using Bitcoiuns, etc. It matters always much for those who have many Bitcoins on their wallets.

[whyrqa]

The price of Bitcoin always matters, especially for those people who deal with this cryptocurrency constantly, buy and sell it, invest into projects using Bitcoiuns, etc. It matters always much for those who have many Bitcoins on their wallets.

When a Bitcoin user keeps coins for the long term, he is not very much worried about how the price fluctuates from point A to point B. He is only interested in the End result. And those people who today almost every hour earn Bitcoin in order to spend it later, then a very weighty argument is played by the price.

[tj4dmx]

Higher and better price means better purchasing power, better and wide adoption and influx of miners for profitable mining

[salihno71]

There is a lot of people entering the cryptocurrency trading simply to get more fiat. For them price is surely important since it's the path to more fiat.

[NoisyNoise]

The price of Bitcoin is really important. Hopefully more and more people will mar it later on with some revenue and that's essential.But you never know what's going to occur using the value and that's bad. We all wish obviously the price will [Suspicious link removed]e

[Sled]

There is a lot of people entering the cryptocurrency trading simply to get more fiat. For them price is surely important since it's the path to more fiat.

I agree to that. Most of the people are here not because of the technology but just for the price of bitcoin because it matters to them because with the price of bitcoin then they can see in the future that their price can become very expensive and that is why they are investing and coming in cryptocurrency but there are still few people who are getting into bitcoin because of the technology because that is the real thing for bitcoin.

[burong1]

Yes of course price matter .

[waynechong1995]

From my shallow opinion, i think bitcoin is valuable just from the fact that people are circulating them like how fiats work over internet, which is already a pretty establish technology that wouldn't just go off in years. The price of bitcoin is reflected and perceived by everyone in the world, unlike government issued fiats which had a backup of its national treasure and diplomatic/economy stuff, bitcoin's price is backed up by everyone, and is in fact that we are moving to cashless transaction would is why bitcoin is current highlighted as a revolutionary, valuable piece of 'internet gold'. The blockchain technology is already been realized by us, and the trend would continue regardless of its price.

[jasonjm]

I think yes because most of the people who reticently joined bitcoin are here for money and this is their prime motive. Every one is looking for a profit and if the price does not increase the profit will no longer be available. So money does matter.

[Mawnis]

Yes it does matter because why would people invest in something that would be worth 1 dollar? and why would they make it a daily job and spill so much time on it if it was 1 dollar i would say that the price matters a lot.

[electronicash]

Most if not all coins depends to the price of btc, even XRP holders are going to sell when they know the rise of BTC is going to extend more than the usual. But its not just the BTC that matters these days, platforms especially ETH also matters now.

[Izarok]

What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.

I also believe in that. It is the trend that keeps the users going. Bitcoin has been on an increasing trend and I don't see it going down anytime soon. Someday we will reach point that bitcoin and digital transaction is everywhere.