Quote from: Yakamoto on August 14, 2016, 11:03:02 PM

Quote from: n691309 on August 14, 2016, 09:54:11 PM

Quote from: Cuidler on August 02, 2016, 10:52:04 PM

Quote from: n691309 on August 02, 2016, 10:05:04 PM

Sometimes wins fiat sometimes wins crypto. For a more stable value is fiat which its value decreases or increases slowly comparing with bitcoin or other coins which the value increases or decreases very fast, check the most recent price of bitcoin and you can see how far has dropped, bitcoin is good, fast enough and cheap to use but the value is not as we want.

One Bitcoin equeals one Bitcoin no matter what price the illiquid exchanges trade the Bitcoin for. Not many people trade at these exchanges, thats why any suden activity in trade can move the price a lot (up or down). But wait longer periods and average out and the short term price moves from illiquid markets are not big issue anymore - to accomplish this you might buy or sell small sums at regular intervals regardless of price for longer interval, then you get much fairer price from this averaging. But obviously if you dont need to buy or sell, you still holding the same amount of Bitcoins (or percentage of all Bitcoins) no matter what.

One bitcoin is one bitcoin but the price does matter really too much because people would not be interested if the bitcoin price gets at two digits or lower and if the price gets higher than now then people will be more interested and will spend their fiat to convert them in fiat.

One Bitcoin would be valued at one Bitcoin if I was able to buy the basic materials that I need for good X or Y straight from the supplier. Since that isn't a thing, we have to value Bitcoin in dollars because at some point it has to be exchanged for everyone to meet their needs. The only way that one Bitcoin could be valued as one Bitcoin would be if everyone can pay for everything they need in Bitcoin, going back to the very basic material suppliers. until that is possible, Bitcoin needs to have a dollar value associated with it.

Bitcoin price can be ignored only if those that have bitcoin mixers then the bitcoin price does not matter too much because they operate in bitcoin and are not linked to fiat or something that is valued in fiat. Otherwise fiat has its impact to bitcoin and we can't do anything about that.