Quote from: Whitegriever on November 17, 2017, 07:00:48 PM

Quote from: Kevondo on November 17, 2017, 06:26:38 PM

Quote from: BitcoinNational on November 17, 2017, 12:09:22 PM

Quote from: Sled on November 17, 2017, 11:44:36 AM

Quote from: margarete11 on November 17, 2017, 11:09:47 AM

Quote from: parobber on November 16, 2017, 11:39:05 PM

Until the day that bitcoin is the only globally accepted currency, and by that I mean the only currency in the world, then of course the price will matter. Frankly I don't think that day will come and so for me the price will always matter if I own some bitcoin. I would own bitcoin with the hope of growing my dollar amount.

I agree many people was actually invested on bitcoin because they want to get a profit out of it ! meaning the price will always matter ! Imagine if bitcoin has no value I doubt if people will still use bitcoins.

If bitcoin doesn't have any value or a high price then people will be lesser in terms of amount of users than now because the price is only one of the attractions of bitcoin and whether we accept it or not, the price is the only thing that matter for most of the people and that is why they are keep coming and staying in bitcoin because of the price.

Of course it matters , but more importantly I would say that it depends on the use you have of the BTC. If you want to invest, so the value may be the only factor you look at. But if you are really interested in the advatanges BTC offers and want to use it, the value is less important.

Yeah you are right the price and the importance of the bitcoin really matters because the bitcoin i8s being use by the people as an investment now and it is the bitcoin that is helping a lot of the people to have the bright and the best future if we will buy the bitcoin right now then tomorrow we will be very happy to have the bitcoin in the life and the investors will be proud of the investing and he I hope the price of the bitcoin will be more high.

I agree with you on that bitcoin price does matter because people only invest in something they see they can make profit out of and also they see that bitcoin is in the future and will be used for a lot of things so they invest in it.

Some good feedback guys, glad you all found some insight in my original post. I think the main thing to consider is not necessarily your own person opinion on if the price matters (you may be in it for the long haul) but to consider why the majority of people own or use bitcoin - and I think simply put the answer to that question is because they want to profit by investing. Many people never have used bitcoin for transactions and never will. Given that the majority are of such mindset the price should matter to every one, because without these many investors that would leave if the price fell, bitcoin would not be able to reach the levels of adoption that it will inevitably need to one day potentially be adopted in to the mainstream.