Re: Does the Price of Bitcoin Matter?

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.

you are right, as the price gets bigger more and more people get to know about bitcoins and they buy into it

Bitcoin became very popular when the price shoots up 88x up to $1200+ in 2013. If not for that bitcoin wouldn't be very popular today.

Bitcoin is more popular today because of the big improvement of the price after a big hard fall, that should be our basis for the future that bitcoin is more stronger today and we will achieve another milestone of great price, I hope early next year we can achieve $1,200 or more.