Re: Does the Price of Bitcoin Matter?

Yes I think it's matter, because if the value of bitcoin was nothing, nobody would be interested by BTC, so of course his value is interesting. More his value is big more people who have bitcoins will be happy.

The higher price will attract more investors.

In general, the investors must involve the future of bitcoin. It would be much more effective when you buy bitcoin at a low price and expect tremendous growth in the future.

Investors help the economy of bitcoin to grow at a proper pace. As the prices rise more investors are pulled in which leads to more market capital and increased price. Thus in general the price is a very important factor as far as investing is concerned. Merchants do consider the fiat equivalent as the instantaneous price and thus it is not much important to them. For merchants its just another mode of accepting payments.