Post
Topic
Board Bitcoin Discussion
Re: why is bitcoin price important?
by
piebeyb
on 22/08/2022, 16:57:21 UTC
alot of posts seem to be focused on the price of bitcoin. i understand why because they are wanting to sell it for a profit but is that the purpose of bitcoin or was there some other purpose for it? i thought it was originally designed to just be a way to transfer digital cash in a decentralized manner but it seems like people don't really care about that part of it and all they care about is what its price is. seems they got the wrong idea of bitcoin.

thing is, for alot of people it seems like when bitcoin price is "high" they think that means it is succeeding more than when it is "low". but if we think about bitcoin's intended purpose, it doesn't matter what the price is as long as bitcoin can be transferred peer to peer without any centralized party being involved. so if bitcoin was worth $1 people shouldn't complain.
sometimes it's true what you say, people are too concerned with the price of bitcoin and don't discuss how to use it and others maybe that's what you mean, I agree in your thoughts and also your question because I'm also on this forum sometimes only discussing bitcoin prices in threads me, you made me realize I should have made more important posts about bitcoin than discussing prices