Post
Topic
Board Bitcoin Discussion
Re: Progressing adoption
by
Burogh
on 15/02/2019, 08:24:46 UTC
Lately, I have not been hearing much about Bitcoin, other than media mentioning that the value is decreasing. In addition, the transaction volume processed by payment gateways is also decreasing. I feel that adoption has come close to a standstill. What is your opinion about this?
I think we should look at benefits of Bitcoin for merchants, to increase the active circulation. For example, bitcoin is a cheaper alternative to debit- and creditcards as merchants have to pay less interchange fees. Therefore we should contribute as a community by helping merchants to implement this system in their store. Merchants could possibly attract customers by giving discounts for paying with Bitcoin. What is your idea for progressing adoption of Bitcoin?
I agree with you completely. The developments regarding the adoption of Bitcoin have been increasing everyday. After I do not think that going against it can be easy and these developments are a sign that we will get what we want. In course of time, the status will reach higher level as people understand.
if the development of bitcoin progresses every day, why the price of bitcoin  doesn't see a progress? is it there a correspondence and relation between the development of bitcoin adoption and the prices that occur on the market right?

I dont see relation between bitcoin price and adoption on our life or merchant. The price always determined by demand and supply and i think its about market speculation. Adoption happen should not considering on the price but on the technology or functionality