Post
Topic
Board Speculation
Re: [prediction] Next spike $560,000 14 months from now
by
brg444
on 28/09/2014, 01:20:43 UTC
What is the impetus for every day use?

this will become clear once bitcoin leaks into the supply chains.
merchants can offer discounts for bitcoin, just because of the customer->merchant transaction.
there are savings to be made all the way up that supply chain.
they would have the advantage over their competitors.
consider this, I can buy something from an online merchant in france, the chinese supplier could have a replacement order on file and received payment within one or two hours.

newegg started with the 10% discount, but don't have it now. Why? Perhaps, credit cards issuers had a word with them?
Do you know that many stores are not allowed to sell the same goods for a cash discount vs credit card? This (pressure form credit cards issuers) ought to be illegal.

You fail to see the big picture.

Everyday use of Bitcoin as a currency/means of exchange is not required to attain the heights suggested by OP.

Until we get to mainstream adoption, these aspects of Bitcoins are just bells and whistles.

What will drive the next rally is what has driven each previous bubble : speculation.