Post
Topic
Board Bitcoin Discussion
Re: Bitcoin price PLUS $1000 - Would Bitcoin then see world wide acceptance?
by
wasserman99
on 17/09/2014, 01:29:00 UTC
When the price will hit $1000 several hodlers will sell their holdings but the adoption will continue without them.
I think this is a problem with bitcoin. There are too many people who believe the price will always rise, thus preventing them from spending their bitcoin thus preventing adoption from increasing
I agree. We need to see more bitcoin related commerce. When we see enough commerce then we can truly see the benefits that bitcoin has to offer. When enough people use bitcoin then merchants will hopefully start to offer discounts for using it, which will hopefully cause more people to buy and use it, and the circle will continue.