Quote from: eddyubachs on September 15, 2016, 08:28:47 AM

Quote from: freedomgo on September 15, 2016, 07:53:04 AM

Quote from: extrabyte on September 15, 2016, 04:59:49 AM

Quote from: bamboylee on September 14, 2016, 03:33:52 PM

Quote from: 20kevin20 on September 11, 2016, 03:00:05 PM

Of course it does. If you would invest right now $1k into BTC at the $600 price and one hour later the price goes down to $20, would it matter? Of course it would.

If you are in bitcoin for investment, the price in dollars matters. But if you are into bitcoin because you believe that there is a need for bitcoin and crypto is the future then it does not matter. And in your scenario, only an hour passed. If your going to invest into bitcoin, do it for long term investment.

You are correct actually.. if bitcoin price never increased that much. it would not get that many users too.
but since bitcoin took its place and got user's trust. now I don't think if bitcoin price drop little bit people and companies will stop using it..

One thing I am certain is the more the price of bitcoin will continue to increase the more people will adopt because they will look at bitcoin as a good investment due to the progressive market and more business as well will accept bitcoin if they see good market on the number of adopters.

Higher price of bitcoin will depend on the adoption level, if adoption goes higher then it will surely have positive impact on the price of bitcoin and that is likely to happen in future.

that adoption level you are talking about will never happen as long as everybody is only thinking about bitcoin as a quick investment to make more fiat out of it. because all those who think this way will never be willing to spend anything out of their stash and will dump bitcoin as soon as the price has gone up so the adoption will stay as it is until people around here start treating bitcoin more like a currency instead of a rocket to the moon.