*Is this news big enough to trigger market uptrend in the coming weeks, months?
The news will be considered big base on how the people react to it, Honda is big company that’s worth a lot. accepting bitcoin as another added means of payment in Honda is a big news but I don’t think is big enough to trigger a market pump as I believe there should be more to a news like them investing heavily on bitcoin that the kind I believe can causes a positive price in the market.
The company has started accepting bitcoin has a means of payment but how many people already have that bitcoin that will want to spend it and buy a Honda product, are there some discount amount for any one who want to buy using bitcoin which could trigger lot of people to acquiring bitcoin and using that to buy Honda, and with the rise in demand as a result of this might be what can make us experience high price in bitcoin any different from this, I see it as something which is a good news to the community as adoption is increasing but I don’t see price going up by the news.