Post
Topic
Board Economics
Re: What is the effect of adding a bitcoin currency symbol to iOS?
by
qwertyup23
on 23/02/2019, 08:52:02 UTC
IOS have give bitcoin symbol on google keyboard, I think will have big effect for bitcoin and altcoin at the future with price will grow up. I hope will have new product and companies want to accepted bitcoin and altcoin as their payment for the future.

How can adding one symbol in IOS have an effect in the increase of the price of bitcoins? I do not see the correlation between the two stated causes. Although it might make people curious about the said symbol, concluding that it will have a significant effect on its price is unwarranted.

The addition of a bitcoin currency symbol clearly shows that Google does not turn a blind eye to the crypto world.
https://news.bitcoin.com/bitcoin-currency-symbol-google/

Google has a significant effect on the cryptocurrency market.
Time will tell what the cascading effect of adding the bitcoin symbol is to the minds of everyday iOS users.
What do you get from adding a bitcoin currency symbol to iOS?

Most iOS user are educated and if bitcoin symbol added in iOS, i dont think it will give big effect. Most of iOS user must be already know about cryptocurrency and blockchain but perhaps with adding symbol they interesting to invest in crypto
the addition of the bitcoin symbol into iOS is not a big influence in bitcoin price movements, the addition of the bitcoin symbol only makes it easier for people to give bitcoin writing, and that will have a big influence when there is good news happening in bitcoin.

How can one symbol effectively influence the price movement of bitcoin? There are various factors to consider when analyzing the price movement of cryptocurrencies and concluding that one symbol will make such a huge price movement is fallacious. One positive effect of it is that, it gives awareness to individuals who are not knowledgeable about the cryptocurrency world.