Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
randy8777
on 25/09/2016, 12:32:27 UTC
I think the price is all that matter. Peace

It is the only big reason why traders like to trade on bitcoin vs altcoin and bitcoin vs fiat. However it has a downside, if the price falls too much people may convert all bitcoin to fiat and stop using bitcoin. However the chance is very less.

i think 95% of the people only care about the price, and like 5% are seriously interested in the technology that powers bitcoin, and put it in front of the price when it comes to importance.