Ninjastic
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Board Economics
Re: Does the Price of Bitcoin Matter?
by
serjent05
on 11/10/2016, 16:22:38 UTC
Quote from: JeanMcCoy on October 11, 2016, 03:41:59 PM
Quote from: Maesters1- on October 11, 2016, 03:30:43 PM
Quote from: DashCoinDark on October 11, 2016, 03:15:05 PM
Quote from: Ybalevia on October 11, 2016, 02:06:19 PM
Off course does a price of an cryptocurrencie matters allot because lots of people are not sugesting you to hold on the price becuase the price means evrything to the bitcoin when
the bitcoin does not have a prce he is worthless.
I agree the price of the Bitcoin is the most important thing, the price is everything to them and because of it not being stable it attracts allot of people.
If it was not for the price of the Bitcoin it would never be as popular.
yes that is a fact that bitcoin is revolving around its price, if the price fall, people loses its confidence on bitcoin, but when the price start rising then people take interest and invest their money more and more.

Indeed its very important for us all, we are depending on the price and if the price was not here no one was really thinking about what could happen with it.
I think the price is important for multiple reasons these days otherwise people would never invest too.

Yes, I agree that what matters most in a thing is its price value.  Bitcoin will never be this popular if it did not rise to 1000+ USD way back 2013.  And you can also notice that an altcoin that never increases in price will lose its audience interest.  The one that is ever increasing became the favourite because of the profit it gives to its early investors.