I'm new to the Bitcoin / Cryptocurrency world, and the economics are pretty interesting.. My question is more of a large-scale economics question.
Would using Bitcoins, to purchase goods (not on this forum) or services, increase its perceived value due to wider exposure or level-out/decrease its perceived value by establishing an accepted value of it?
I hope that was clear enough. Just looking for ideas and thoughts.
Not with the value but the continous usage of bitcoin will make this currency more stronger since more people in the community will used this as a sign that they trust this currency eventhough it's virtual.
Coins will now be distributed more to different levels in the community and not just by some of the big whales. Price will become quite stable if active usages of it as a currency will happened. For traders, they might think that trading is not profitable anymore when price become stable. They are wrong here. Just look how healthy fiat currencies trades is.