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.
Definitely it will increase because the more people spend their bitcoin it just only means that the demand is becoming higher yet the supply becomes more and more limited as well as the coin circulation also affects the market.
Well if there will be a mass awareness bitcoin price will constantly increase.
On the other hand, the price also affects by the fake news and trolling but these will be all useless as the trust and hopes that everyone is giving and eventually bitcoin price will recover.