Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
X-ray
on 24/10/2016, 13:52:09 UTC
Off course dooes the price of the bitcoin matters how can you buy something that is 6 dollars but you only have the amount of 2 dollars how are ytou able
tyo buy that objec ti dont know.

Thats right, price really matters because if the price of bitcoin was same to other currencies online then it would not have been as popular as it is right now, it is the price that makes it superior from others and it is the price that attracts new people everyday to come and invest in it.
well, bitcoin currency is on the internet, so the price of bitcoin is very necessary and very important, especially when you want to exchange or sell. you should be able to know the price of bitcoin at the time. if the price of bitcoin is not important, I do not think there will be people who play bitcoin trading.
Definitely, the price is the most important thing to determine how valuable bitcoin is, even gold can be converted into fiat to determine its value so bitcoin has no exemption since it is still a new digital currency, we are here because we want to see the price of bitcoin increasing so that would already conclude price matters.
the thing that has no value or price is useless,even there's no fiat if bitcoin still have its value then it doesn't make any problem at all people still demanding bitcoin and thus bitcoin will be valuable just like gold few ages back which fiat still not exist but gold is still rare thing that's always worthy