Does the Price of Bitcoin Matter?

[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

I think it really matters, bitcoin's value has grown very expensive nowadays which made it more popular and has been made more attractive to investors. A lot of people invested on bitcoin because they know that they can gain high profits from it since the value is growing a lot. If I were to invest to, I will also take a look at the price first before so that I can set my expectations on it.

[1714131981]

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[galestorm]

For me, bitcoin's price is relevant.. as a citizen of a country that has not fully developed bitcoin as a mode of payment i would definitely rely on bitcoin's price because i usually convert it to cash.. in my country bitcoin hasnt been accepted as a form of payment and as an individual i would like to spend my bitcoin in various of things that i need on a daily basis..

[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

We all have different rate of satisfaction and we base all of that on what is the bitcoin's value. Bitcoin's value really matters a lot because it gets to decide whether we'll get high profits or not. Whenever the bitcoin's value fall, many investors end up disappointed while as bitcoin's value rise, many invesors gets happy for the reason that they will recieve higher profits.

[Happydd]

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

Bitcoin prices are constantly changing according to participants' buying and selling. Currently, bitcoin Cash bought more than 50 million higher than ETH bought just over 30 million. The point here is that when you sell, the time may be higher or lower. That is a common problem, and the bitcoin itself does not matter at all. You have to update prices quickly if you regularly want to buy and sell bitcoin.

[jankekek]

The price of Bitcoin is really important for the users that is using Bitcoin because with the value of Bitcoin they can do a lot of things and that is nice for the Bitcoin itself.
So it will be also more used and they can also earn some more money with it if the value is higher.

[NewBet]

It matters a lot for the holders and the traders. It also matters because a big price increase makes the news.

[Sled]

It matters a lot for the holders and the traders. It also matters because a big price increase makes the news.

Yup in almost everything in this world. Price matters because that is how you are going to based your decisions if you are going to do something to it or you are going to ignore it. The price of bitcoin is the first thing that the people look for when they are in the market because that is their basis and i think that even though we will look to other cryptocurrencies, then the price is still what matters.

[Blackmet]

Sure it matter because of price people taking a first look at bitcoin and that joining the community. If bitcoin whould cost 1$ people will stop using it because they can't get more profit.

[nuela]

my desire to put as much bitcoin as possible and wait for the value of a large bitcoin price because that's how I get more life if I earn a huge income from bitcoin. being a millionaire or a rich man is the ideal of many people in this world.

[shalnark]

yeah of course it is matter, because many other cryptocurrencies trading based on this bitcoin. if the prices goes down, could affect others coin prices too 

I agree with you, It could big affect if the prices goes down .And I think almost all of the members here joined this forum because they have learned that bitcoin is profitable. The price of bitcoin is very important to us since the profit we are going to earn is based on its price and to be updated with the current news and trends about bitcoin and its price will be help many people and investors, they bring a lot of profit to us.

[Riska katom]

Price is very important for any currency, either crypto-currency or fiat. Price volatility for what currency is most important. When prices are low, people will tend to buy more with the anticipation that this will increase so they sell to make a profit. This even happens with commodities and other money markets. Therefore bitcoin prices are just as important.

[bilyboy]

One of the major attractive points of Bitcoin is it is an amazing speculative asset, better than gold or anything we've seen before. So yes, the price is very important, the psychological factor is too much to negate, regardless of how superior Bitcoin is as actual money/currency to the alternatives. In this year i believe if bitcoin can reach 20.000$

[carodupuis]

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

I think that the price of bitcoin matters, particularly to a bitcoin investor like me. It is really important because by holding bitcoin for as long as we can just so we can get the perfect timing for a good price matters. There shouldn't be other ideas involved regarding this matter since the main thing that we should focus on is holding.

Agreed! The market value of the bitcoin is the most important thing which matters a lot in the world of bitcoin as it is none other than that of the market value of bitcoin which helps the investors who have invested their money into bitcoin in either making of more money or loss of money. Most of the people who are there in the world of bitcoin are only rich just because of the increase in the market value of bitcoin.

[sailordgold]

Yes the price of the bitcoin does matter because the fact is that everyone is looking at the price to sell or buy it.
The price is just so important for the most of us here.

[payyy]

Yes the price of the bitcoin does matter because the fact is that everyone is looking at the price to sell or buy it.
The price is just so important for the most of us here.

The thing that matters when you are talking with others, but no, for me the price is not important since i am always looking at the facts, the features, and how it is working at that time. If you always look at the price as a reference, you clearly do not understand how it works.

[Rufsilf]

In my opinion, yes. The price of bitcoin matter because without the price of bitcoin then people will become skeptical for bitcoin even the technology is great then people will still be skeptical because most of the people in the world are aiming for profits and they don't want to put their money into something that doesn't have chance to give them profits.

[MidKnight]

It should. If people does not see a significant rise on its price, they won't even bother to invest because price increase is a good indication that it will perform better in the future.

[Karmakid]

Of course it would matter to all of the bitcoin earner,
As the price of bitcoin rise up the amount of bitcoin mining becomes harder and also we all are concern about the price of bitcoin,
When it falls down most of us are depress or feeling down because we lost some money and when it rise up we are happy about it because we gain some profit.

[PIR]

Yes, the price of bitcoin does matter, people are fascinated about it high and low condition despite that, all the more it stays up the more they like it  because it gives them opportunity to earn more profit, selling and trading become more interesting to them and all the more they trust them.

[Condoriano]

Price does really matter no matter what coins of currency might be. We are determining the state or status of the economic through prices or value. It is also show how the future of the specific country would be by monitoring their money value which goes same for bitcoin.