Will the MIT experiment bring a spike in price?

[mobile4ever]

As academic research .. would be nice if each student keep tracking in a database and report what they did with the coins .. could be a nice statistical data sample... just a opinion

That is a great idea. Surely they are going to do it, since this is termed "an experiment".

[knightcoin]

well thanks ... in mind was just like ...

[UglyTroll]

Only virus spread like this 

[galbros]

While I think this is a great idea I expect the students will quickly sell their btc.  If they sell it by opening coinbase accounts or something like that it may at least help the community.  However, more likely they will sell to friends or friends of friends.  Still I think it gets bitcoin into a community that is in position to have some positive influence going forward.

[TERA]

all of the adoption related news is nothing in comparison to the sheer weight of china and all the huge blocks of coins in the market. it causes tiny green candles amidst a sea of large red candles. this adoption will raise the price eventually but not right now.

[knightcoin]

mit students shoud be like ..

.
https://www.youtube.com/watch?v=GUEZCxBcM78

[MercyC]

Very cool! Doubt it'll put much of a dent in price but perhaps will encourage other universities to replicate this and start incorporating virtual currencies in their curriculums...and cafeterias?

[Mythul]

More brainpower to the network 

[zimmah]

students themselves wont be putting their own fiat into bitcoin. the reason: because they're students and cant afford it.

what will happen is you will see alot more apps on itunes and google play that are bitcoin enabled. you will see lots of shopping cart extensions, payroll software and other financial gadgets,widgets and apps. all bitcoin enabled for everyone to use.

well thats the short-medium term things to see.. as for the long term you will see the students graduate and start their own businesses, thus bringing a new-wave of bitcoin related businesses.

.............. or, they will just cash out bitcoin for fiat and buy pizza and beer

I am pretty sure that if the MIT hands out $450 000 in bitcoin to their students, the students will be required to write an essay about bitcoin or something, selling off bitcoin immediately would probably not be a smart idea because they might not learn from it.