Post
Topic
Board Bitcoin Discussion
Re: Bitcoin price PLUS $1000 - Would Bitcoin then see world wide acceptance?
by
chanz
on 08/10/2014, 10:10:55 UTC
there must be the possibility of achieving price $ 1,000 more, see more investors and merchants that accept bitcoin,
but which I'm still confused as to why the current very low price

Some say it could be because of new merchant accepting it they will never hold bitcoin, due to obvious reasons.
They will sell it the second they accept it. So basically it leads to Bitcoin sell-off through huge market sell orders.