Does the Price of Bitcoin Matter?

[Xabad]

Bitcoin price always matter for all of the people here, we can't lie to our self that the price of bitcoin doesn't matter to us because that is bullshit. If you are a person who needs money or who want to generate income from an asset then the price is always matter for you just like in bitcoin.

[christina30]

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 also helps for payment or send money to friends or relatives.
but it would be useless if the price of bitcoin is very low or does not have a price. Its better to understand and check it .
certainly everyone will not use bitcoin for various things. so prices are very important to us and bitcoin

[isr48l]

Yes, it does, the price of Bitcoin will attract more and more attentions of investor to it. More investors equal more valuable for Bitcoins. So it would be good for Bitcoin.

[Dontme]

We all know that we are base on the price when we trade. Well ofcourse price matter most in bitcoin. Without it imagine bitcoin that it will become useless. Price is the main intention of all people why they subscribe bitcoin.

[Sled]

We all know that we are base on the price when we trade. Well ofcourse price matter most in bitcoin. Without it imagine bitcoin that it will become useless. Price is the main intention of all people why they subscribe bitcoin.

Bitcoin will not become useless even the price of bitcoin is low because it still has the technology behind bitcoin and that will become the foundation for bitcoin to not lose its value because the technology is the root of the value of bitcoin because without that technology then the bitcoin will not become popular and expensive like this.

[Predator25]

There have been endless discussions on this, the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.

Yes it actually matters especially to those users and bounty hunters because their income is based on the price of the bitcoin. I can say that their income is directly propotional to the price of bitcoin.

[Pattart]

We all know that we are base on the price when we trade. Well ofcourse price matter most in bitcoin. Without it imagine bitcoin that it will become useless. Price is the main intention of all people why they subscribe bitcoin.

Bitcoin will not become useless even the price of bitcoin is low because it still has the technology behind bitcoin and that will become the foundation for bitcoin to not lose its value because the technology is the root of the value of bitcoin because without that technology then the bitcoin will not become popular and expensive like this.

But despite the technology that makes bitcoin alive but many users prefer and charge the price. can you see how most users panic when the price goes down? in fact most people are interested in using bitcoin because of bitcoin prices skyrocket and it makes bitcoin become famous. and that's why pricing is so important and much needed #IMO

[rog1121]

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

which makes expensive bitcoin prices a factor of very high market demand and very limited and little bitcoin availability, that's the main trigger for bitcoin to be very expensive.

This kind of question is just like asking if it really makes sense to save your Bitcoin lol. Bitcoin price does matter a lot, if it doesn’t matter then nobody would be talking about saving their bitcoin and all those stuffs.The price matters a lot and luckily, the high volatility has been to our advantage, cause there has been a steady increase in the price of Bitcoin.

Sometimes I do think the price is supposed to go down to create a chance for some people, though it’s late, but there might still be a chance.

Price corrections can really happen anytime soon on bitcoins price movements and ive been waiting for that opportunity because those are golden chances for us to make profits again when bitcoins price tries to surge up again. Its just a matter of buy low sell high task but it wont really be just an easy stuff. Bitcoin price does really matter because this do symbolizes on how good and strong it is as a virtual currency.

The estimation of the bitcoin matter most. In the event that the esteem is rising the general population takes an extraordinary intrigue even amateur going to the discussion, when the estimation of the bitcoin is fall a few people imagine that it is lose however in certainty it is the primary time to purchase bitcoin and hold it for time. The esteem likewise impact the running ventures, if the esteem is rising the laborer get upbeat and give more opportunity to the gathering.

[melancoly]

Early last year, too, do such manipulations as well as this year. The price chart is very similar, only with other figures. So I very much hope for stabilization in the bitcoin market and that our coins will go up in price.

[kendra1107]

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

Of course it’s important. Price is what gives value to anything. The higher the price, the higher the value. Especially with Bitcoin today where the price hike is almost unstoppable! Which is why many are getting bits of BTC today..not for the amount they will get, but for the value they earn.

[BTC AND ETH]

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.

Many hold out hope that over time Bitcoin will perform as it should in theory and become a store of value, while others simply cannot bear the thought of losing purchasing power in the short term. Even if their motivation for buying crypto-currency in the first place was convenience or just curiosity they can’t stop themselves looking at it as an investment. Whatever the reason, if you see Bitcoin purely as a currency, price matters.

There are other, more subtle ways in which price matters as well. At the start of this year I wrote that I expected Bitcoin, following a short continuation of volatility, to settle into a tighter range. In that respect it is no different to any other commodity or currency; volatility following a bubble is normal (think gold on the way down or, more recently the Euro) but eventually it subsides. The potential advantage that I saw then was that when that happened it was likely that at least one of the major companies toying with Bitcoin would commit fully, and begin keeping the coin received in payment rather than immediately converting to Dollars. Over the last couple of months we have experienced relative calm on the exchanges and while that transition hasn't happened yet, the calm has at least cut down on the number of uninformed “It’s all a scam!” stories in the mainstream media.

That in turn has probably been a contributing factor in two very important developments this quarter. Yesterday it was announced that the Princeton professor Ed Felten will join the White House Office of Science and Technology. Of course there is nothing new in a Princeton professor becoming a White House advisor, but this particular one is known to be somewhat “bitcoin friendly.” That probably had little to do with his appointment but it certainly won’t hurt to have somebody in the White House who both understands and appreciates Bitcoin and the technology surrounding it. If the price of Bitcoin hadn't stabilized to some degree, however, his association with the currency would probably have made the appointment less likely.

Similarly, some degree of stability also helps when academic institutions seek to expand their study of crypto currencies, and Bitcoin in particular. Is it likely that MIT would have been able to offer a home to three Bitcoin core developers if we were in the midst of a full on crash or another bubble-like spike? Given the politics that is ever present in academia, probably not. The fact that MIT has a Digital Currency Initiative at all should say a lot to Bitcoin’s critics, but the fact that its director Brian Forde thought it important to give these developers a place to continue their work after the Bitcoin Foundation ran out of funds speaks volumes.

Like it or not, if Bitcoin is to really fulfill its potential, it has to achieve some degree of mainstream acceptance. The events of the last few months have shown that that is far more likely if the price is at least relatively stable. If for no other reason than that, whatever those on the extremes may say, price does matter.

[lestariptr]

Actually it does not matter if bitcoin prices will continue to rise. When the bitcoin price goes down do not take action to sell it, believe me sooner or later the bitcoin price will soar. so there's no problem in my opinion

[channingwilmer]

Yes, it does, the price of Bitcoin will attract more and more attentions of investor to it. More investors equal more valuable for Bitcoins. So it would be good for Bitcoin.

I agree. However, since the price of bitcoin is too high, too many people invest their money in bitcoin and it is not good at all. Most of investors in these days do not want to learn more about bitcoin. THey just focus on the value of bitcoin and the chance of being rich with bitcoi

[p3ppymon]

Actually it does not matter if bitcoin prices will continue to rise. When the bitcoin price goes down do not take action to sell it, believe me sooner or later the bitcoin price will soar. so there's no problem in my opinion

The rise of the bitcoin is irrelevant per se, traders make their trades irrespective of the price. However, the rise affects substantially the overall market, bringing down the xxx/btc pairs.
The price soars gradually, it is difficult with such price to have steep and sudden gains. 

[Kadal Ijo]

Of course not, the rise in bitcoin prices is a great blessing, everybody feels great benefits, lots of people get rich and get big profits, I expect the price to go up and get to at least $ 20k this month.

[nemesis_]

Price of bitcoin absolutely matter. Since it is used as payment system and also to purchase goods and stuffs, it is important to know its price as its price determine its value. Also, it is very important to take note for when it comes in investing. It might not be stable but it can absolutely be used in investing or trading. Furthermore, to those people whose bitcoin is their source of income, they can get profit in it once they track its price. So its price really matters.

[bitcoinsocial09]

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 matters because peoole now based their job by picking if the job have a high salary. So if bitcoin have a lower value people do not depend here because it can 't help to fulfil their needs in lige and vice versa.

[webdevmastery]

Yes it is, When the value of bitcoin's is increasing then some of the altcoins price will decrease. Bitcoins value is affecting everyone that's why it really matter when the value of bitcoins is increasing each time in the market.

[Lukas Tarantas]

Of course not, the rise in bitcoin prices is a great blessing, everybody feels great benefits, lots of people get rich and get big profits, I expect the price to go up and get to at least $ 20k this month.

$ 20,000 for the new year? I doubt it very much. Perhaps, in connection with the trading in futures, the price will increase, but not to 20 thousand accurately. I think not more than 15,000

[lendahawkins]

Of course its matter, we really concern about the movement of the price.the price of bit coin is increase day by day ,thats why many people were interesting to become a miner to gain more side money.