Post
Topic
Board Bitcoin Discussion
Re: why is bitcoin price important?
by
awik p
on 12/09/2022, 07:27:01 UTC
alot of posts seem to be focused on the price of bitcoin.
And it will always be like that, as long as there are other currencies or things that have a value. It needs a price for everything, so that we can check what something is worth. If this only happens with Bitcoin, then the values will be show linke that 0.00123 BTC without the price in dollars or euros. Compare it with a holiday in other country, there you also compare the values in your currency and the values in the currency of the country. That means the price is interesting as long as there are dollars and euros. Look at gold, the same.
the conversion of bitcoin to fiat currency will indeed be more interesting to follow its development. especially if the price goes up, there will be many investors who want to buy it, because with the increase it will bring everyone psychologically to take advantage of the moment, and the results can immediately be enjoyed because we have become rich and can vacation wherever we want. and from the price increase, we can assume that the profit increases with the capital we invest