Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
whizter
on 24/04/2017, 16:12:48 UTC
Saying the price of bitcoin doesn't matter is a lie. There is a cost of acquiring bitcoins. Only a fool or a very very rich guy would think otherwise.

I agree with you. Price is a very important criterion. And for everyone who has several coins the price is very important. Everyone watches as bitcoin becomes more expensive or cheaper

People take decision of buying or selling their coins looking only at the price of bitcoins so price is really important factor when it comes to bitcoins and it is only the price of bitcoins that attracts people to start using it or invest money in it.

yeah I agree too, people attracts to invest because of it's price. And many people here earning bitcoin because the price is too high per bitcoin. If the bitcoin price is not high I think many people will snob this coin.
yes currentle people are using bitcoin for investment purposes, therefor  i think every one is expecting the price of bitcoin to increase, i think it the price of bitcoin will remain as stable then the investors will find other means of profitable investments. therefore i think the price of bitcoin keeping too much importance.