Quote from: stevanprice on November 09, 2017, 12:33:03 PM

Quote from: Gotottack on November 05, 2017, 04:14:03 PM

Quote from: SidharthMalhotra on October 04, 2017, 01:05:27 PM

It's almost like we don't value it for itself, but what it's worth in "real" money.

I think we keep converting it to dollars because that is the only way we know its value or how much it is worth, and not just because we do not value Bitcoins for itself. Just like all other currencies, I think it needs to be converted to other major currencies for comparison and contrast to know how much our currencies are worth in the world market and to assess how well or badly it is currently doing.

Everyone has different needs and point of view for such cases, some sell bitcoin when the value goes up to get some money and do some shopping, others may just want to sell bitcoin at a top price to buy back for investment. Turning bitcoins back into dollars does not mean we do not assign values to bitcoins exactly the opposite.

this is becoming nowadays trend to invest into this coin and when the price goes high simply cash out money and this is just because that bitcoin is not accepted all over the world and if this coin will be accepted then this trend will be wiped out and this is need of people that cash money is still ruling world without it nobody can survives so maybe after 6 to 7 years converting bitcoin into flat will be avoided.