The fact that we, as well as the companies and billionaires who invest in bitcoin, expect its price to rise, should be seen as a primary concern. Bitcoin will never be noticed if its value is low or worthless. It's true.

A lot of people heard and knew about bitcoin when its price was very cheap and most of them didn't care about it until its price started going up. Bitcoin interest will only grow once the bitcoin price rises again.

The price of bitcoin is just as important as the price of any given commodity out there. The price of bitcoin or any commodity is there to show it’s value. Plainly put, you can say the price of bitcoin is important as it shows the value of the commodity. And with the price either increasing or decreasing, the value also increases or decreases as the case may be.
Price are determined by the forces of demand and supply and hence, the more adoption of bitcoin by individuals and corporations alike, the more likely the price of bitcoin would climb higher.

First, let's say what determines Bitcoin's price? Unlike other "money",Bitcoin is not issued by a central bank or backed by a government; therefore, the monetary policy tools, inflation rates, and economic growth measurements that typically influence the value of a currency do not apply to Bitcoin. Bitcoin acts as more of a commodity being used to store value, so the following factors influence its price:

The supply of Bitcoin and the market’s demand for it;
The cost of producing a bitcoin through the mining process;
The number of competing cryptocurrencies;
Regulations governing its sale and use;
Media and news;

Even in the other side of crypto, the price is the common basis to see if the project is growing or not. Nobody would invest in Bitcoin if they saw the price continue to dump and no chance to rise, I don't someone will take the risk. As we make business in crypto and do invest, checking the price really matters a lot. Perhaps, we have this idea of "buy low and sell high" which means we earn profit from the moving price of the market.

With the name of this website plus that of this thread I thought we could assume that 'coin' meant Bitcoin. Maybe I was wrong.

I stop short of calling myself a maximalist but I only take Bitcoin seriously for the foreseeable future as a trading asset due to its functionality as working currency in the big wide world.

Like I said I am not quite a maximalist, but, fuck normies and fuck shitcoins

If you look at the situation of cryptocurrency you understand that cryptocurrency on it own have a preferential value which when the value drop the market of cryptocurrency will be disvalue. I believe that cryptocurrency can never depart from securing its value because it is very very important but without positive information of Bitcoin rising many people who is investor will not value cryptocurrency to the extent of putting more money into the investment. The value of future policy is very important to every average investor because the value being the prize is what attracts any investor to invest more into cryptocurrency general.

Because many altcoins and, in principle, the entire cryptocurrency market is tied to bitcoin, almost all trading pairs on leading exchanges with btc, which is why I think the price of bitcoin is so important, and a strong opinion of the market direction vector for bitcoin has already been formed.

There is a simple reason for this, as we invest in bitcoins and other cryptocurrencies for profit, so high demand will lead to a rise in bitcoin's price. Bitcoin is well known in recent years for its high volatility. The higher the price, the more people notice, leading to an increase in demand. When demand is high, price will be a top concern. Nowadays, everyone in the market is only looking at the bitcoin price, no one cares what the technology of bitcoin is.

It was designed to be a P2P payment method and it's also used as a store of value. But the future price is an essential element of it all. If the price of bitcoin depreciates month after month/year after year, it's not a good store of value. If it's supposed to make international payments faster and cheaper, its users don't like to see a drastic downtrend. What good does it do if it makes international payments easier if my $1000 in BTC sent on Monday is only worth $800 on Thursday?   

The network works the same way today as it did when BTC was trading at $69.000, and it's going to work the same way if we fall down to $10.000 as well. You are right about that. But you can bet your ass that people will complain if the value crashes to $1. Look at it from your own perspective, would you rather open your wallet and see a 5 or 6 digit value in USD or a 2 digit one? Before you say it doesn't matter because 1 BTC = 1 BTC, it isn't really. The buying power of 1 BTC at $24k is significantly different from the one at $1.

The price that bitcoin has in these parts is significant, it wants and gives a lot of information to people who don't know anything or who don't know bitcoin, a person who doesn't know bitcoin is because they don't like money or it's something simple, no read news, a person who is wealthy can afford to buy bitcoin right now and be so lucky that in a short time they will have double or triple it depending on their investment, I think this is still not understood by people or most people who only think about saving in a bank.