Post
Topic
Board Bitcoin Discussion
Re: Will privacy and merchant adoption fuel the next price rise?
by
Sexie
on 06/09/2018, 13:43:52 UTC
Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?


Its either way, a price increase or  a price decrease. It depends How they consider things. If the merchants adopting Bitcoin as mode of payments  or exchange products or buying  products to sell . How they consider  the  price of commodities in this situation .  If the  price  of Bitcoin is so high , is  that the price of commodiity is also high?  What  If the price of Bitcoin is Very low?  So all we gonna get is all price increase.