Quote from: Sum24 on December 06, 2017, 07:52:15 PM

Quote from: isr48l on December 04, 2017, 07:20:36 AM

Yes, it does, the price of Bitcoin will attract more and more attentions of investor to it. More investors equal more valuable for Bitcoins. So it would be good for Bitcoin.

Bitcoin price matter when you will not check the price of bitcoin so you can lose money and especially for investors and traders its very important to know about bitcoin price since bitcoin arrived to market from that day till now bitcoin is struggling to take its price to high position and for that bitcoin dont compromise to lose its value thats why day by day its users are going to increased so bitcoin price is the only thing which make its respect.

It depends on your point of view in using Bitcoin. If you use Bitcoin for a transaction, maybe the Bitcoin price is not very useful to you. That's because you only use Bitcoin for transactions and there is no intention to invest. But the price of Bitcoin still affects your transaction. If the Bitcoin price goes up, the Bitcoin you save will increase in value, but if the Bitcoin price goes down, you'll still lose money. For investors, they just hope that Bitcoin prices always go up and never go down. But some people who just started to invest into Bitcoin will expect Bitcoin prices to drop because they want to buy when the price is low.