Post
Topic
Board Bitcoin Discussion
Re: why is bitcoin price important?
by
danadc
on 04/09/2022, 18:54:39 UTC
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.
Tell me this, do you want to lose your money willingly? The answer to that will be no, right? So why other people wanting the same seems wrong to you.
BTC will always be useful and precious. But those who have bought them at a high price, they won't want to sell or make transaction in a low price right?
BTC will be as it is now but the price volality will make people doubt on BTC, thus fewer people will use it. So in some way, price does matter to a huge community and that's the truth.

No one wants to lose money, when we want to invest money, some people do it by putting their money into setting up businesses, doing different types of things, there are even people who fall into pyramid schemes and lose, when a person decides to invest in bitcoin they must take into account ceuta you have to wait a long time.

when there is a lot of money, people buy houses, buildings, hotels, and it's not bad, it's what monopoly teaches us, and what economists advise, but few people come up with good investment ideas, and when they are told about bitcoin, some receive it very well, others do not, but the important thing is that through bitcoin a person can make a lot of money at any time, I talk to everyone I can about bitcoin, I know that those who invest and will wait when they win, they'll thank me.