Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Price VS Bitcoin Usage
by
Franctoshi
on 27/08/2025, 17:19:27 UTC
Obviously Bitcoin price; the amount Bitcoin is worth at a particular time, and Bitcoin usage; the rate at which Bitcoin is adopted and used. The above phenoms surely has implications, one may be tempted to as; which is more important? The interesting fact is, price affects usage both positively and negatively. An increase in price attracts high usage, and vice versa. Conversely usage also affects the long term pricing of Bitcoin. Price has short term implications, usage and acceptance has long term implications. From the aformentioned, I can conclusively say; Price and Usage are phenoms that can influence the volatility of Bitcoin

Usage determine the price, the more people wants to use Bitcoin in their day-to-day transactions the more value it will become and hence demand increases which drives the price up, comparing Bitcoin price and its Usage, I think it worths what price it should be or its either being undervalued because people are still yet to catching the full potential benefit of Bitcoin technology and as digital currency, and store of value.