Post
Topic
Board Speculation
Re: More Bitcoin adoption = lower Bitcoin/Usd rate!
by
traderman
on 04/01/2015, 22:02:54 UTC
I wrote this article when the exchange rate was @ 800, look where we are today. Those large retailers are not holding their BTC. They are dumping it on the market!

I wrote this early 2014 and I think it is still relevant. The more adoption we see the lower Bitcoin/Usd will go!

http://razorsforex.blogspot.com/2014/02/bitcoin-adoption-bitcoin-price-stability.html

I think that the more Bitcoin will be adopted, the bigger the price should be because Demand will increase.