Quote from: raven7886 on June 16, 2017, 06:50:51 PM

Quote from: John Wick on June 12, 2017, 08:06:51 PM

for me its price does not matter since i'm a holder. my aim is getting bitcoins as much as i can so that i can cash them out when we hit high prices. always focuss on its number not its price.

But mate you hold bitcoins only because they have a worth in real life, right ?
I mean that would you be holding any gold in your lockers if you know it's price has been done and dusted. Even though we guys only deal in bitcoins and don't give much worth to their price but actually the price does matter a lot since we determine the worth of bitcoins according to that only.

If the "price" of Bitcoin goes to $500,000/btc (for example) and 1/2 a million bucks still buys a nice house in many areas, then the USD price does matter.
If Bitcoin jumps to $750,000 and 3/4 of a million bucks barely buys food for a few days (due to a severe collapse), then the USD price does not matter, but the BTC/gold (or gold/BTC) price would be very important.
The price is important, but the technology continuing to develop is more important. The more utility bitcoin has, the more value, and hope that yields more adoption.