Does the Price of Bitcoin Matter?

[imstillthebest]

Although Price is the main thing people are enticed and attracted to bitcoin investing, I am pretty much knowledgeable to say that as soon as people are accustomd to the nature of bitcoin amd bitcoin investing, one can say that a raise can be expected whetger or not it is a dump or increase. if you would invest a huge amount or a huge amount of people invests on bitcoin a price increase can be expected.

in short the demand can greatly affect the price of a coin. so meaning to say the price would not really matter. even though the coin started at a low price , that coin can still posibly sky rocket in the future because it has an amazing purpose that if people sees they can get easily attracted to it and that cause for its value to pump. but in terms of bitcoin , id say no. price doesnt matter because people do only care about profit. they will continue to use and support bitcoin as long as it is still profitable.

[JRoa]

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

Yes it is. The reason why the bitcoin is becoming popular is because of its value that is continuing to grow. Most of the people are gaining more trust to the bitcoin because the price of the bitcoin is becoming stronger.

[tats14]

For me, yes because bitcoin price is really matter and important to us, bitcoin price is one of all people chasing.

[andeluna]

The price of bitcoin really matter especially to those people who are getting their income in Bitcoin. They are the investors. They get profit when the price of Bitcoin goes up because they buy Bitcoin when its price is down and sell it when the price goes up so that they can earn profit.

[gawer33]

yes if bitcoin is very cheap any billionaires can own most of it, and the lesser transaction will happen since you need more units of BTC to buy something it will fail as a commodity, currency, and money. remember it had a limited quantity so lesser value the lesser adoption will happen unless the quantity of BTC increase

[Dheo]

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

Yes it is. The reason why the bitcoin is becoming popular is because of its value that is continuing to grow. Most of the people are gaining more trust to the bitcoin because the price of the bitcoin is becoming stronger.

Because of it's volatility many investors gain huge profit, if you are just newbie and no more knowledge about bitcoin don't invest because you can lose your money.
Just study first and if you already know more about bitcoin then its time to invest and hold.

[Granxis]

yes if bitcoin is very cheap any billionaires can own most of it, and the lesser transaction will happen since you need more units of BTC to buy something it will fail as a commodity, currency, and money. remember it had a limited quantity so lesser value the lesser adoption will happen unless the quantity of BTC increase

It is already predetermined how much Bitcoin will be produced, I guess it is not what you mean. It would not be so bad that everyone had Bitcoin, that Bitcoin had a bit of Bitcoin instead of the rich.

[Theones]

I don't think so, because bitcoin is popular now and this is the most important thing and when btc value increase, community of btc will too be higher.

[signaturecoin]

If you invest on the something then learning to look for its value if it is growing or not.You do not want your investment to fall down right?Like bitcoin you wanted it to be highet than its normal value.

[Akupuniard]

Yes, it's really matter because price is the only thing that making people use bitcoin nowadays. Ethereum and many others altcoin are better but not this expencive.

[Appuned]

it is the reference of our trading that matters most. The bitcoin prices are the very important in in terms of payment transactions. We are very happy that this prices increases up to then and hopefully it will increases more as people uses bitcoin.

That is right. But if the price is too low, people will lose interest in it. It is not good for expanding the community support.

[mstfprcn]

Yes ,  the price matters because price make the value in the market like if we look at the bitcoin when the price rise then the demand become slow and when the price falls then the demand high users and the investors all of them are interested in buying of this crypto currency.

[Bugsbey]

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

Yes of course!The price really matter for us in this community. We will be happy if the price is high hence we will trade them right away and hold if the price is too low. Investors also are happy buying bitcoins if the price is low and sell them when its price is at its peak since they can gain a bigger profit.

[zhelis74]

it is the reference of our trading that matters most. The bitcoin prices are the very important in in terms of payment transactions. We are very happy that this prices increases up to then and hopefully it will increases more as people uses bitcoin.

Yes, price always matter. Bitcoin is the most popular crypto coin in the whole world because it has the highest value among all the coin, mostly its the choice of all traders to trade Altcoins into bitcoin or to buy bitcoin at low price and sell when it high because all the time price matter and our profit is dependent by its price.

[Jose Mourinho]

If the price is too drop like today of course this is a big deal, 3 days ago I check bitcoin price $ 10500, but the current price $ 8100, or drop almost 20% within 3 days, this is certainly a big problem, I hope bitcoin not too volatile.

[maculeth]

it matter more than many think

a better price means more miners, the network is more secure
a better price means more adoption, if there will be a better price is because the adoption is increased
a better price means a better purchasing power, who own few bitcoin has a better chance to buy more thing

most importantly, better bitcoin prices will attract people's interest and demands on bitcoin will increase, and the price may rise even higher.

[2Godbdglory]

Does the price of bitcoin matter?  In any market of good and service price is very important,  bitcoin involve buying and selling therefore you you must make the issue of price to be important because price play a major role.

[Pinkris128]

If you invest on the something then learning to look for its value if it is growing or not.You do not want your investment to fall down right?Like bitcoin you wanted it to be highet than its normal value.

Yes the price of it really matter especially when you are a trader or holdee because it may give you more profit. As you monitor its price you will know when you are going to buy, hold and sell your bitcoin. In every currency its price was very important because its one of its asset to get the attention of users.

[Lupus Solitarius]

Well, as you can see in these days of general panic, the price of bitcoin matters very much!
Until bitcoin won't be the only currency in the world, its relative value is the most important parameter.

[whyrqa]

Well, as you can see in these days of general panic, the price of bitcoin matters very much!
Until bitcoin won't be the only currency in the world, its relative value is the most important parameter.

but what a difference, what exactly will you do, panic or not. You can not influence any processes of the crypto-currency market. Perhaps even larger whales can set the weather on the exchanges, but already today we see their negative impact.