Post
Topic
Board Economics
Re: Does the Price of Bitcoin Matter?
by
SerHodlot
on 25/01/2018, 10:53:54 UTC
Price of bitcoin does matter, but the belief in bitcoin's success and its practicalities are even more important.. That is what gives bitcoin its "real" value that is clearly not defined yet.. current price is all speculation whether it goes up or down or to 50k or 5k. I see most people in this thread state the price of bitcoin does matter because people will be happy with it, or people need salaries lol wtf? irrelevant.

mainstream adoption needs to happen (eventually will) but until then, the price of bitcoin is just an attractive investment vehicle for new comers, crypto space needs stability and organic growth.. and will continue this trend, so the price isn't as importance as other variables.