Quote from: Sled on September 17, 2017, 01:46:34 AM

Quote from: KennyR on August 30, 2017, 03:02:09 PM

Quote from: agentx44 on August 30, 2017, 02:48:52 PM

Quote from: Q7 on May 13, 2015, 01:37:38 PM

If I answer you no then I'll be lying. Even though my hope is for us to see 1 btc equivalent to 1 btc some day with the price of fiat mean nothing to us, the current movement of the price still gives us the indication in how well accepted btc is and its demand. I do agree with your reasoning but until the I will still closely follow the btc price movement.

That would be definitely lying. Ofcourse the price always matters that's why some people began to be interested to use bitcoin to have a source of income. Many people would definitely leave in bitcoin if the price of bitcoin will totally crash because all of their money will be gone including mine.

Agreed, as the user stated price really matters big with bitcoin. Also one who is saying that he doesn't think of the price is a big lie. As the price keeps on growing same is the price increase happening in the users. So if something goes wrong or causes a price crash surely it will lose its popularity, No doubt it.

Bitcoin will not lose popularity if the price will go down because it will attract more attention from the people who are watching bitcoin and if the price will go down then it is actually an opportunity to the people who want to invest so it is opposite to are you saying because if the popularity of bitcoin will go down because of the price crash then the crash will just continue to go on.

Oh yes, this is case whenever bitcoin price dips only panic sellers feel the heat the try to sell them. However other see this dip as the opportunity to get their hands on more coins. Same thing happened when JP morgan chief warned about bitcoin possession by their employee. Market crashed from 47k dollars to the 34k dollars. Next thing you know bitcoin started to gain its upward movement again. Why ? because many People sensed that this is the right time to buy more coins. Today bitcoin is at 43k dollars.
At this stage, any downward movement is sensed as possible opportunity to buy more. Many people are believing that bitcoin is going to make 5k and 10k club soon. There was a time when chinese bitcoin exchanges had influence on global coin price. Many feared that when those markets will crash bitcoin price all over world will crash. Nothing happened when china banned these exchanges and enforced tight scrutiny.