Post
Topic
Board Speculation
Re: More Bitcoin adoption = lower Bitcoin/Usd rate!
by
goosoodude
on 04/01/2015, 23:35:34 UTC
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.

There is no reason for the demand to increase unless the merchants provide discount enough for the customers to try and get Bitcoins. Usually, fiat works as well for the customer to buy their products.