Post
Topic
Board Economics
Re: Why the Bitcoin is still down?
by
Xardasim
on 02/02/2019, 21:38:30 UTC
Personally, I think that mass adoption is going to push the prices up and reach a new ATH. As the supply is limited, by increasing the demand for Bitcoin is going to have a significant positive effect in its price. We should try to integrate Bitcoin as a way of payment method in e-commerce businesses at first. This is very easy and it can show results directly to the market.
That is certainly because if more and more people adopt Bitcoin on a large scale it will encourage bitcoin to experience a high price increase, because the less bitcoin supply is as expensive as it is
It is obvious this can be the solution. But I think today's humanity is not ready for this. In fact, the adoption of each day is moving further. But with this adoption, people in the crypto world need to increase and the value should increase.