A lot of people are only focused on Bitcoin's price because they want to get rich quick. In other words, most people join the Bitcoin train just to make a lot of money in the process. When prices go all the way down the drain, that's when they start to panic and believe the cryptocurrency is nothing more than dead. But let me tell you, Bitcoin is a lot more than just the price. Why would I want to measure Bitcoin's value in Fiat terms when the latter is bound to collapse soon?

It would be best to use Bitcoin on its own regardless of how much it's worth in Fiat in order to truly experience the decentralized economy. On its own, Bitcoin is a stable cryptocurrency you can use anytime, anywhere without restrictions whatsoever (1 Bitcoin will be always equal to 1 Bitcoin, right?). If only people understood what Bitcoin is really all about, things would've been different nowadays. Human greed has taken over the crypto/Blockchain space, so prices will always be important to the general public. At least we know Bitcoin won't be going anywhere thanks to its decentralized and censorship-resistant design. Just my thoughts

The price of Bitcoin is very important in the current crypto industry because there are thousands of other smaller altcoins in the industry Which pump and dump with the price of bitcoin. Whenever the price of bitcoin goes up or when the price goes down, everyone calls it a market crash or a market bull.No other altcoin is called by the market name Bitcoin is the only crypto that is controlling the entire market and traders, investors, businessmen, all big companies and governments are always looking at Bitcoin price.Because when the price of bitcoin increases, the rest of the market also goes on a bull run, and if the price of bitcoin starts to decrease, the entire market starts to fall.

The price of bitcoin is very important because the whole market depends on it. we can notice that if the price of bitcoin goes down, the price of other currencies also goes down, and whenever the price of bitcoin goes up, the price of other currencies goes up. holders also always want why bitcoin prices go up even though someone doesn't have bitcoins still wants the price of bitcoins to go up because the price of the currency they have has to go up the price of bitcoins, of course, I don't have more bitcoins, but I have I also want that bitcoin price goes up very quickly.

I think so too, because those who saw and knew Bitcoin in 2020 were the ones who wanted to work without any hindrances at that time.
Because as everyone feels that in 2020 very many people are no longer working as usual and also some are fired by the company because the company is no longer able to pay more employees. It's all because of the Covid pandemic.

well yeah i won't disagree with that. especially the mistaken part.

you could. if bitcoin was more ubiquitous. such as street vendors posted their prices for things in bitcoin and not in the local fiat currency for example. you would have no need to check on any exchange rate.

that's because they are thinking of it the wrong way. put your money in bitcoin because you believe in bitcoin not because you believe it has value as related to fiat. as i already pointed out, what if people posted prices for products and services in fractions of a bitcoin then we would be getting more away from thinking of bitcoin as it relates to fiat which is a good thing. then they dont need to worry about if they are losing money because they know their btc can buy same thing it did yesterday.

Do you know when something wins first place? Everything has a competition and whoever can gain popularity in all aspects can be the first place holder. A brand is not created by chance, success comes only after a lot of hard work and belief. Do you know how much Bitcoin was originally worth? If you don't know, find out how much Bitcoin was worth in the first place.So how did Bitcoin get here from there? Almost many countries have legalized Bitcoin. But first of all Bitcoin is not legal in all countries. You should have some idea that not everyone can be there in the first place. There are many other coins in the market that are not in the first place. There is no need to talk about being in the first place, but to know the reason for the first place.

I think it is a natural thing because many people invest their money in bitcoin. precisely that, with bitcoin making it easier for someone to invest, it's only natural that they're worried about the price because they invest their money there.
With bitcoin can also help someone's economy and it was a good epek in my opinion.

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

People have as a basis in their heads that an asset is only worth its price in fiat, it is something that cannot be blamed, everyone has their way of thinking and that is respected, but the value of Bitcoin goes much further that of fiat, at the moment there is a relatively low price for what it should cost to have 1 bitcoin, it should be about $250k if there were no risks of wars and risks of pandemics, global circumstances affect the price, because investors they panic and want to have their money well protected, I don't blame them, money always seeks to keep its value, for me that is the importance of price.