lottery248 (OP)
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November 21, 2015, 10:53:12 AM Last edit: November 21, 2015, 11:18:03 AM by lottery248 |
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wanna know if the bitcoin black Friday could help to improve the economy of bitcoin. i am not sure if bitcoin can get popular this way, since this event is worldwide rather than just those countries like US, UK, Canada, etc. no idea? gotta guess. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) i guess it would increase around 5% not gonna debate, going objective.
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out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded i am not really active for some reason
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fravia
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November 21, 2015, 10:54:49 AM |
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i believe there will be a growth but not too big as people wont use too much of bitcoins
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mirana12345
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November 21, 2015, 11:01:18 AM |
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If you are referring to merchant expansion and adoption caused by black friday, that's something that can show impact on the price only after certain amount of time, most certainly not right away. imho, anyone expecting a huge boost will end up disappointed.
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hf100
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November 21, 2015, 11:20:03 AM |
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Black Friday didn't have much of an impact last year. The price briefly went up a little afterwards, then crashed heavily down. Perhaps this year will be different. Past performance is not a reliable indicator of future performance. Nevertheless I don't think it will affect the price heavily. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs7.postimg.org%2F4f5lequob%2Fblackfriday.jpg&t=665&c=uTlkXUrosiUnoQ)
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LFC_Bitcoin
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November 21, 2015, 11:21:05 AM |
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There won't be much of an impact on the price imo. Maybe a 10 USD swing either way but nothing too much.
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Eric Cartman
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November 21, 2015, 11:29:46 AM |
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Maybe a little dump if people decide to use BTC to buy things, but no long term effect. If any effect
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1Referee
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November 21, 2015, 11:57:01 AM |
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It might raise more awareness as some deals are only possible if you pay with Bitcoin. People will need to buy Bitcoin in order to benefit from that specific black friday deal. Other than that I can't see much action in the price beside it possibly go down a few bucks.
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SFR10
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November 21, 2015, 12:23:21 PM |
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It sure does have a impact of its own, on the BTCitcoin price however due to sudden demand, there might be sudden dumping as well right after the event, so the prices will go a bit high and then decrease to where it belongs now and I don't think it will go further down than it is now so overall it would stay the same
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ultimatesky
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November 21, 2015, 12:35:02 PM |
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I voted for no change
I don't believe that it will have a great impact on bitcoin
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QuintLeo
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November 21, 2015, 02:15:34 PM |
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Black Friday isn't a significant thing to Bitcoin, not enough merchants accept Bitcoin. Might be a very short tiny spike, but the merchants selling it right back off will kill any jump from folks buying it to USE it on Black Friday.
The "tighten regulations" news out of the EU will be a bigger price driver.
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NorrisK
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November 21, 2015, 02:27:48 PM |
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I vote for no change as well. Although, with the current campaign pushing bitcoin black friday, it might end up being different than last years.
It is just a day of shopping. May just as well speculate that christmas will pump the price.
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richardsNY
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November 21, 2015, 02:53:28 PM |
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I vote for no change as well. Although, with the current campaign pushing bitcoin black friday, it might end up being different than last years.
It is just a day of shopping. May just as well speculate that christmas will pump the price.
We keep hoping for the price to go up at black friday and Christmas, but I also can't see the price being much affected. The only thing that will greatly affect the price is the block halving a lot people are waiting for.
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justbitcoins
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November 21, 2015, 03:30:08 PM |
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I thought Black Friday is normal for in store shopping? If that is the case, the there is little impact. Bitcoin is good for on line shopping.
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Amph
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November 21, 2015, 03:40:10 PM |
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does chinese care about this festivity? they have something similar? since they are the one that move the market basically, if they do not care i don't think there will be any impact
also it's to near the last pump
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Junko
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November 21, 2015, 05:08:13 PM |
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I don't really see any significant impact on price because of retail sales. Maybe next year, not this year. If it does happen to change in any direction it will prolly be because of something else. More likely the whales will use Black Friday as another opportunity to disguise another pump and dump.
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apriyani420
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November 21, 2015, 05:46:40 PM |
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i doubt that there will be any decent impact on the price, well it might grow about 5 per cent but its possible without the black friday either
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sartorpc
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November 21, 2015, 06:04:13 PM |
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I think it will only impact on bitcoin awareness if it is properly done! I hope to see some tv commercial !
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Nameless Coin
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November 21, 2015, 06:08:27 PM |
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i doubt that there will be any decent impact on the price, well it might grow about 5 per cent but its possible without the black friday either
I can't understand this hype around black friday, last year nothing happen, so why would this year happen something...? People will spent it, merchants will convert it and people will buy btc to buy more so they can spend it..
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acroman08
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November 21, 2015, 06:10:51 PM |
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i dont really expect much of a change, just like last year it didnt much of an effect might the same this year too.
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Rude Boy
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November 21, 2015, 06:22:19 PM |
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IMO, there'll not be occur a special pump or dump during blackfriday. Instead, might occur more transactions than the ordinary day.
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