Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
FinanceUS
on 25/09/2016, 14:59:29 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.


It has upside too. If the price rises fast people may convert more fiat to Bitcoin.

However, it is just for speculation. Smiley