Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
stromma44
on 15/08/2016, 12:10:23 UTC
It does, and always will. Bitcoin is a currency, one of its primary functions being medium of exchange. You can't pay for stuff with something which has no price.

price will always mater no way to be something else reason is simple price is not stable when price of 1 bitcoin become stable i believe that price will not natter that much

Agree. People will just leave their bitcoin if that time come. Look how people dont care about price anymore. I am talking about just simple investor. They know that the price is not moving much to care for its price unlike bitcoin.
If price is stable then it will take away an advantage of making quick profits, and many of them would hate is everyone is looking to make quick profits and if they can't do it then they will not bother about bitcoins.