Quote from: Wesimon on May 01, 2017, 03:31:47 PM

Quote from: Xester on April 24, 2017, 11:27:27 AM

Quote from: batang_bitcoin on April 23, 2017, 10:26:39 PM

Quote from: Mr on April 23, 2017, 02:11:57 PM

Quote from: Antoshka on April 23, 2017, 12:24:03 PM

This will increase the price of coins, but you need to improve the system so that there are no failures due to a huge number of transactions.

I agree. And I think that the bitcoin blockchain system can never maintain a huge number of transaction daily if the whole world starts using Bitcoin. There will be another altcoin strong enough to sweep Bitcoin away

Those problems that we are experiencing will surely be fix when all the nations are already using and adopted bitcoin. And it's a thing that will make the price to pump, the demand will be higher and the supply will be lesser and I guess when it happens, satoshi's / bits will be more valuable by that time and has a very good value.

If all countries will adopt bitcoin then the price of bitcoin will no longer increase but become fixed since the government will make a move to make the price of bitcoin stable. The only change in bitcoins value is when the US dollars value will increase. But it is a long way to go and we are still uncertain if who among our ideas will occur but hopefully there is a bright future in bitcoin.

Bitcoin's value is dictated by the demand and supply, so how come that bitcoin's value will be fixed if all country adopts bitcoin and to think that the demand of bitcoin on that point is very high. Obviously, based from the law of supply and demand, bitcoin's price will soar up.

How come that the government will do something about bitcoin's price? They cannot even touch bitcoin. So please enlighten us on how will they do it.

Bitcoin's value is not dictated by supply and demand, at this point the majority of the market is more interested in speculation and guessing games rather than actually buying or selling due to a need or surplus of it. That one ETF is going through the SEC again and there's a high chance that the current market value of Bitcoin is partially speculation about that, along with other movements happening due to Bitfinex screwing the value up for everyone.