Does the Price of Bitcoin Matter?

[Mechill]

Of course it matters. It's easy to say that it doesn't and that we should be concerning ourselves with the network or whatnot, but lets not forget that it is the miners that prop up and support the entire network and the only reason the vast a majority of them do so it to turn a profit. If the currency was to fall to a price that they were operating at a loss they would soon shut up shop.

Yeah, it does matter. The volatility of bitcoin is the biggest factor why it really matters which is the aggreasive changes in price of bitcoin. The higher the price of bitcoin, the more profit can earn.

[CHENIEN]

For me price of bitcoin is always be matter. Many people access bitcoin techniquecally defend on how the price of bitcoin is....
Many peoplen access and used bitcoin currency it is because of the higher value compare to paper money. The main reason is the high value of bitcoin when converted into cash money, so i can really conclude that price of bitcoin is matter.

[senyorito123]

At its current value, yes it does matter. Bitcoin’s price has consistently hiked in the past few months making it what some say a phenomenon in the digital world. Which is why so many now are so frustrated because they went and sell. Lesson learned for them...

They sell easily because they don't trust bitcoin, they do not understand that it's normal to see some dump situation and that is what we are witnessing now, however this would not last long because bitcoin is going to rebound and make another all time high. We should be educated in order to make the right decision and bitcoin is quite a risky investment so prepare for this situation and manage yourself to stay strong to hold.

other bitcoiners do panic selling  because they are not experienced big dump or else they are scared because they think bitcoin cannot recover,we cannot speculate bitcoin price because it is fluctuating that's why before we  make a investment or tradings we need to research first to have a idea about crypto currency because bitcoin is very risky.

[karnwillbit]

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, my answer is yes. We all know that bitcoin popularity is spreading to the whole world because of its value. That's one factor that's why I said yes. If bitcoin price does not matter maybe we just have few people who are earning bitcoin but as we can see there are many people now who wants to earn it because of its value.

The market price of bitcoin is the most important factor and it really matters a lot. All the decisions are based on the current market value of bitcoin. It is none other than that of market value of bitcoin which is helping the investors in making some good amount of money which is helping them in making their dreams come true. You really need to make the best decisionaccording the underlying circumstances.

[Superways]

I think it's worth the fact that, the possibility of someone like how fiat works through a process that has not yet had a high power, to simply build the technology that has not been going on this year.

Why only the bitcoin price is seen and by everyone in the world, unlike the government which has high tecnelogi power and its development.

Bitcoin prices are supported by the rest of the world, and without our bitcoin like helpless without having the money.

Transactions can be the reason why bitcoin is currently a valuable conversation in added blockchain technology already in trust and will continue to be valuable, every time ..

At this time only thing that matters for the bitcoin investor is price and people mood is depending on the prices and as we face a fall recently and people are un happy and they want to see sudden rose in coming days so that their wait can payoff and sooner or later the prices will come back to its previous level and I think acceptance of bitcoin in banks is good for the future of banks because people need no banks in future.

[KluFf]

i think price of every crypto matters.
because you can do a strategic move with that.
and it may help you in future. .

[ricardobs]

Definitely YES, the price of Bitcoin matters a lot, i think that is the main reason why more and more people are getting involved in Bitcoin and in the cryptocurrencies World, if there wasn't a benefit to do by investing Bitcoin then why would it be that much known??and The Benefit always depends on the Price.

Apart from the Bitcoin price, I don’t know any other reason why I should be investing on Bitcoin, because the price rate is what I mainly earn from; whenever I invest, I wait for the price to go up, and then I earn some money, apart from that, other things are crap to me except market cap, because that is one other thing that also matters a lot.

[Cosbycoin]

- The price of bitcoin really has problems because its price is rising too fast and there are no stop signs, 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, 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 trader

This is the most effective strategy of making money in crypto world and I believe that most of the successful traders have being strictly applying this strategy for gaining large profits from their coins. There is no doubt that all other coins in the kingdom of crypto currencies are dependent on bitcoin from the increase and decrease in their values. Bitcoin is their father and they cannot be valued without relating them to bitcoin.

[gentlebaguette]

For me price of bitcoin is always be matter. Many people access bitcoin techniquecally defend on how the price of bitcoin is....
Many peoplen access and used bitcoin currency it is because of the higher value compare to paper money. The main reason is the high value of bitcoin when converted into cash money, so i can really conclude that price of bitcoin is matter.

In every case , people are coming at Bitcoin for a profit investment so it's kinda hard if you say the price doesn't matter with Bitcoin because the price will decide what's Bitcoin gonna be.

[Omega Weapon]

Obviously, the most important thing about bitcoin is the price, and i am not the only one who is saying this, if the price wasn't low at the moment, everybody would be talking good about bitcoin, but with the current congestion of the blockchain + the price, it is a mess.

I disagree, the price is important no one can deny that but to think it is the most important thing is a mistake, the most important thing about bitcoin is bitcoin and the technology behind it, without that the price of bitcoin will not be as high, the price is based on the underlying technology, the price is that high despite the congestion in the network and the high fees, when that gets solved the price is going to skyrocket once again.

[Jrein23]

Yes, the price of bitcoin really matters. Because of the price of bitcoin, many investors have put money in bitcoin. The congestion is because of the surge of the investors.

[Prince786]

If you buy and hold, then you most likely want the price to increase. the price of bitcoin decrease or increase it's also affecting my life. but I hope the price of bitcoin always increases.Increasing the price of bitcoin, we become more and more making money from bitcoin.

[freedomgo]

If you buy and hold, then you most likely want the price to increase. the price of bitcoin decrease or increase it's also affecting my life. but I hope the price of bitcoin always increases.Increasing the price of bitcoin, we become more and more making money from bitcoin.

Better be a long term holder so you can ensure you can see a good price, the price is volatile and as we are holding and we keep monitoring
the price will see that it will dump and pump from time to time because it depends on the news and the speculation in the market, when the market is bigger the more the price will move.

[King Sastro]

I do not think, the rise and fall of bitcoin prices will make us always profit because we are trading every day, for those who invest will certainly continue to expect prices to rise but this is certainly not possible.

[Gondwanaland]

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 bitcoin price really matters especially for those people who can't afford to buy expensive things. If bitcoin is high many people depend on it because it will help them to provide those things that is necessarily in their life. If the bitcoin has low price it may the people find another job to support that they need.

[Opekin]

I do not think, the rise and fall of bitcoin prices will make us always profit because we are trading every day, for those who invest will certainly continue to expect prices to rise but this is certainly not possible.

Price of bitcoin is the primary reason why we get into investment and trading in this market. There's no question when it comes to sudden chance of the price because it is normal and accepted from the very beginning of joining bitcoin market. What I would like to clarify to you is that, of course we always assume to earn in this market. If price goes down, you don't have to get discouraged or what because knowing that bitcoin price will go up again is very encouraging. When bitcoin price gets low, then that is the perfect time for you to buy for more and when the time comes that the price gets higher again, then trade it. No negative effect on this.

[abayan]

Price is therefore not a concern. 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. 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.

Why wouldn't mind bitcoin price when it is the very reason why we have engaged in this market? The price is really important for me because it is the basis of an investor or trader of bitcoin whether and when to buy it or sell it.

[BloodLine]

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 bitcoin investors, yes bitcoin price matter since they are after the profit or gain of interest. As the price is lower its now the right time to invest and just wait until it reaches higher value that youre satisfied to withdraw.

[ljm8888]

Price is important for every kind of currency. The bitcoin is no exception. The charm of bitcoin is that it is the chief of digital money. And the history of its legendary rise. This makes people flock to them. I'm good at it. Hold firmly!

[Omega Weapon]

If there is only one cryptocurrency in the world then it would be not matter but it is acutally not. So it does matter.

Even in an scenario where there is only one cryptocurrency the price will matter since most of the people when thinking about the price of bitcoin they think of its price against the dollar, and that tell to us a lot of where we stand, when the price was very low that meant people did not believed in bitcoin, but now that the price is very high it seems people all over the world have high expectations for bitcoin and its future.