Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Price VS Bitcoin Usage
by
GeorgeJohn
on 27/08/2025, 22:05:03 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
It is obvious that bitcoin just gain a popularity but the total number of people who knows Bitcoin are not the total number of the usage in the society, but people may think that based on the information that is circulating about bitcoin News that people are holding Bitcoin why it is a few people who discuss about Bitcoin that is holding Bitcoin currently, so usage of bitcoin doesn't matter