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August 27, 2016, 05:49:11 PM
Last edit: January 02, 2024, 09:31:06 AM by ETFbitcoin
 #1


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August 27, 2016, 06:08:59 PM
 #2

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.

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August 27, 2016, 06:12:27 PM
 #3

The only way we will see a large increase in price that stays is through mass adoption.  
We need another big company to start taking payments in Bitcoin.  
This will lead to lots of new users, and a huge increase in the number of daily transactions.

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August 27, 2016, 06:16:23 PM
 #4

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

A huge price increase will only make people sell everything they have and walk away (at least most of them will) so I'd say having Mass adoption is much better (and which will eventually lead into a stable price increase)

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August 27, 2016, 06:30:02 PM
 #5

isn't huge price increase, not pump and dump, but stable and huge price increase, like for example 10k and more, a consequence of mass adoption? they are not mutually exclusive imho

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August 27, 2016, 06:36:05 PM
 #6

to me this goes hand in hand.
how can the price stay low if we have a massive adoption? also if we have a huge and stable price increase everybody will want to jump on the wagon.
 

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August 27, 2016, 06:37:56 PM
 #7

The only way we will see a large increase in price that stays is through mass adoption.  
We need another big company to start taking payments in Bitcoin.  
This will lead to lots of new users, and a huge increase in the number of daily transactions.
Yeah this is good idea but how we can start it and how we can get big company? this is the problem right now its hard to got some big company to use bitcoin and go new users to use bitcoin..
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August 27, 2016, 07:01:57 PM
 #8

A huge price increase will only make people sell everything they have and walk away (at least most of them will) so I'd say having Mass adoption is much better (and which will eventually lead into a stable price increase)
As much as such people want to consider themselves beyond average, or 'aware', they aren't either. Anyone who does this is not able to keep their own greed under control. Aside from speculators and traders, I still don't see the point of selling Bitcoin when you can use it. It is a currency after all.

also if we have a huge and stable price increase everybody will want to jump on the wagon.
I'm pretty sure that volatility isn't the primary turn-off, i.e. stability won't make "everyone jump on the wagon".

Yeah this is good idea but how we can start it and how we can get big company?
You can keep sending suggestive emails to the appropriate department of a company, asking them to introduce Bitcoin as a payment option.

A 'huge price increase' also known as a bubble, isn't specially beneficial for Bitcoin. We've already had a few of those in the past. User adoption is the key.

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August 27, 2016, 07:22:49 PM
 #9

bubbles are fun while they're happening. the hangover after them is not fun and last an awful lot longer. it could be argued that they inhibit adoption too as you end up with an army of angry bagholders while anyone who was considering it but didn't feels like they dodged a bullet.

I vote for mass adoption. i'd like to see a healthy price as the result of people using it, not speculating.
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August 27, 2016, 07:25:56 PM
 #10


also if we have a huge and stable price increase everybody will want to jump on the wagon.
I'm pretty sure that volatility isn't the primary turn-off, i.e. stability won't make "everyone jump on the wagon".


A 'huge price increase' also known as a bubble, isn't specially beneficial for Bitcoin. We've already had a few of those in the past. User adoption is the key.
i think OP did not mean a big bubble, pump and dump or whatever you want to call it. he meant an increase for good.
i was also not talking about volatility. just imagine bitcoin price would go up $100 every month. with many ups and downs, but at the end of the month it is $100 more worth then the month before. and tell me now this would not result in an steadily growing user base.

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August 27, 2016, 07:56:49 PM
 #11

Mass adoption would be an end goal for bitcoin. Huge price increases (as well as huge decreases) among other news and events help bring attention to bitcoin because that's what makes the news. This in turn increases and spreads awareness of bitcoin and thus contributes to adoption as a result of people taking a look into bitcoin.

Mass adoption in turn, leads to increase in price due to an general increase in demand. The two aren't opposed to each other.
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August 28, 2016, 11:46:29 AM
 #12

I will say mass adoption is much better once this happens it is obvious to see an increase in price. The more is has adoption the more it will be stable and valuable. I don't think a huge increase without mass adoption can bring stability in its value.
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August 28, 2016, 11:48:02 AM
 #13

IMO, mass adoption will lead to huge price increase, but huge price increase won't get mass adoption, people may afford bitcoin. So I think mass adoption is better.
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August 28, 2016, 12:02:58 PM
 #14

IMO, mass adoption will lead to huge price increase, but huge price increase won't get mass adoption, people may afford bitcoin. So I think mass adoption is better.

Either, are intrinsically linked. Ask 'the man on the street' and he will reliably inform you that Bitcoin shot to $1000 dollars, then some kind of big exchange got hacked, and now it is dead, history.

A huge price jump would change all of that.
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August 28, 2016, 12:14:14 PM
 #15

If I am able to profit out of my Bitcoin holdings, then I will be more than happy. That said, I will be happy if the BTC adoption grows as well. But right now, I have almost given up on that. Anyway.... if the exchange rates increase to $10,000 or $25,000 per coin, then I am sure that the BTC will be able to attract a lot of attention, and as a result the usage will also go up.
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August 28, 2016, 12:16:34 PM
 #16

IMO, mass adoption will lead to huge price increase, but huge price increase won't get mass adoption, people may afford bitcoin. So I think mass adoption is better.
of course the adoption of future will be better. since the adoption of the future development of bitcoin on all sides including the bitcoin prices will also push up
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August 28, 2016, 12:20:32 PM
 #17

Without doubts mass adoption, soo bitcoin would be used, knowed and the good thing in the end it should make the price grow a bit, and the demand and supply for have it would work, something currently we dont see at bitcoin.
From other side a bigger price would bring more people for sure, but the community would keep being almost the same and bitcoin at same status, unknown for the most people.
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August 28, 2016, 12:25:29 PM
 #18

Mass adoption , without any second thought . Huge price increase will just make current traders happy and also it may result in huge DUMP . Definitely not huge price increase is good for bitcoin or for any other coin for that matter . Gradual increase in price and mass adoption are the key to success .

If I am able to profit out of my Bitcoin holdings, then I will be more than happy. That said, I will be happy if the BTC adoption grows as well. But right now, I have almost given up on that. Anyway.... if the exchange rates increase to $10,000 or $25,000 per coin, then I am sure that the BTC will be able to attract a lot of attention, and as a result the usage will also go up.
If it increases to 10k or 25k don't you think 80% of the bitcoin holders will sell off all the bitcoins they have ? That isn't good for bitcoin .



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August 28, 2016, 12:29:04 PM
 #19

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price
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August 28, 2016, 12:36:54 PM
 #20

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price

Yeah we can see higher price only if there is mass adoption and many new investors investing their money in bitcoin, without adoption price will never go higher.
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August 28, 2016, 01:27:27 PM
 #21

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.


Huge price increase it just for awhile. It means that more people buys bitcoin, but next to that is huge price decrease. In Mass adoption make the price of bitcoin increase and more stable. So I'll go for mass adoption.

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August 28, 2016, 01:29:34 PM
 #22

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.


Huge price increase it just for awhile. It means that more people buys bitcoin, but next to that is huge price decrease. In Mass adoption make the price of bitcoin increase and more stable. So I'll go for mass adoption.

Yeah and the same thing we witnessed before the halving when people were buying it like an crazy and it crossed $750 level but it cannot be considered as an mass adoption as people were only interested in making profits at halving.
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August 28, 2016, 01:43:22 PM
 #23

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

i say mass adoption is a lot more important for bitcoin than price increase especially a huge price increase.

because a huge price rise is just a pump and unnatural way of price going up and it only fills the pocket of those who are trading bitcoin and when they cash out the price would fall.

so the adoption is what we should be looking forward to. because mass adoption means using bitcoin as a currency and this is what bitcoin was meant to be not only a trading toy to make money. also with adoption comes price rise too!

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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August 28, 2016, 01:56:49 PM
 #24

From what I have seen so far while in Bitcoin, with big price increases that hit the news we get an influx of new investors/users. To answer your original question of course it's mass adoption that is better for Bitcoins future.
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August 28, 2016, 02:05:26 PM
 #25

Just like what others have mentioned, I also believe that mass adoption would be better than price increase. For me, being known and accepted by people will lead to bitcoin's success and will let us use it easier and more convenient. If it happens, price increase won't be impossible also.
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August 28, 2016, 02:12:56 PM
 #26

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.

This^^^^^^

I'm so damn sick of people saying how they love Bitcoin so much and then saying they're holding them for a price increase. If you love Bitcoin try spending them. Go buy a gyft card and get some snacks and beer or have dinner out or buy a pizza or whatever. Sitting on them forever is a way to guarantee bitcoins extinction. Unless you're only here because you're nothing but a forex trader then by all means fuck off and die.

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August 28, 2016, 02:43:59 PM
 #27

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

Mass adoption helps the price to to increase significantly.
One must understand the basic law of demand and supply to see how the price could go up.  This is why eth keeps trying to make is way because they know how to make its demand. The users needs ETH even when they are not supporting ETH.










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August 28, 2016, 03:14:05 PM
 #28

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price

My view exactly, but we will quickly run into network congestion and the scaling issues will hamper the progress. All things must come together, for

mass adoption to succeed. The side chains and Segwit and block sizes and all that nonsense needs to be resolved. We will definitely see a huge split,

between public and private Blockchains and Bitcoin will be at the centre of it all.  Grin 

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August 28, 2016, 03:21:07 PM
 #29

I choose mass adoption, because if there are many people who use bitcoin on their live ( for trading,shopping or Investment) it is mean bitcoin growing up. In my opinion it is better for bitcoin future.
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August 28, 2016, 03:29:08 PM
 #30

I dont know what to choose. But if mass adoption happen. I think bitcoin will rise its price because of increase the demand of bitcoins. If the price will increase. I think they will get attracted and use it. Theres no difference for me either way.
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August 28, 2016, 03:29:14 PM
 #31

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price

My view exactly, but we will quickly run into network congestion and the scaling issues will hamper the progress. All things must come together, for

mass adoption to succeed. The side chains and Segwit and block sizes and all that nonsense needs to be resolved. We will definitely see a huge split,

between public and private Blockchains and Bitcoin will be at the centre of it all.  Grin  

try not to bring sidechains into it.. sidechains are an altcoin.
if you want bitcoin to succeed then bitcoin scaling must come first not pushing people over to sidechains by locking them out of bitcoins and taking those coins out of circulation, just so that people play around with an altcoin and make the altcoin more succesful.(many devs want monero to be the bitcoin 2.0 (facepalm) sidechain)

however LN is a layer of bitcoin and not a sidechain.
this could benefit people doing the same trades day in day out (paying the same gambling sites, merchants often, faucet raiders, advertisers, etc often) but onchain capacity has to grow aswell. and before you slam down that thought.. core is actually ok with 4mb block bloat. so dont get distracted with 'bitcoin cant scale' or is doomed' nay sayers. they are only after pushing sidechains.
even core now agree 4mb can easily be handled by a raspberry Pi and any computer under 15 years old. so no need to worry about 100% datacentre nodes either, so thus that ends any crys of 2mb is bad.

in my view which i have held tightly for such a long time..
scaling first
adoption second
price rise third.

i have never been fooled by the speculators mindset of price rise first, adoption second and scaling third. as that is just a route to ruin bitcoin in favour of popularizing an altcoin

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August 28, 2016, 03:35:53 PM
 #32

i think mass adoption is very good for bitcoin future if bitcoin increase its adoption then price will be also going to good position and then bitcoin get more stronger and popular.
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August 28, 2016, 03:38:13 PM
 #33

i go for mass adoption as insanely high increases will never last very long. it will make a few people very wealthy, and the far majority of the people end up with a bad taste in their mouths. with mass adoption the price will likely also get to increase, but more in a sustainable manner which i prefer over anything as i am a long term minded person.
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August 28, 2016, 03:39:52 PM
 #34

I choose mass adoption, because if there are many people who use bitcoin on their live ( for trading,shopping or Investment) it is mean bitcoin growing up. In my opinion it is better for bitcoin future.
yeah, mass adoption is definitely way better in my opinion, i think that because of mass adoption there might be a decent increase too




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August 28, 2016, 03:49:44 PM
 #35

Both is good and appreciated.
A higher price will give us more media attention and more people might become curious and try out Bitcoin.
And more people using Bitcoin means more buy and sell, more transactions, more demand which also results in a higher price.
So it is not a either or choice to me.
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August 28, 2016, 04:02:46 PM
 #36

Both is good and appreciated.
A higher price will give us more media attention and more people might become curious and try out Bitcoin.
And more people using Bitcoin means more buy and sell, more transactions, more demand which also results in a higher price.
So it is not a either or choice to me.

For me yes both of them are needed because if there is adoption people will attract to use bitcoin and if they see that the price of bitcoin is also increasing more people will attract to use bitcoin..  so both of them are needed.

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August 28, 2016, 04:37:14 PM
 #37

i choose both will be better for bitcoin because with so many people know bitcoin, it will make bitcoin rate is increase, because there are buy and sell transaction, not only for bitcoin-altcoin, but for bitcoin-fiat. with many mass adoption in many places, bitcoin will be know by many people and i am sure that the bitcoin rate will be follow too.
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August 28, 2016, 04:51:19 PM
 #38

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price

Yeah we can see higher price only if there is mass adoption and many new investors investing their money in bitcoin, without adoption price will never go higher.

it depend what you mean by higher price, because price can artificially be manipulated to big even now withotu mass adoption, whales can pump it easily, and you can have without worry a $1000+ price, but to have 10k i doubt they can pump this high

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August 28, 2016, 04:55:50 PM
 #39

If I am able to profit out of my Bitcoin holdings, then I will be more than happy. That said, I will be happy if the BTC adoption grows as well. But right now, I have almost given up on that. Anyway.... if the exchange rates increase to $10,000 or $25,000 per coin, then I am sure that the BTC will be able to attract a lot of attention, and as a result the usage will also go up.
If it increases to 10k or 25k don't you think 80% of the bitcoin holders will sell off all the bitcoins they have ? That isn't good for bitcoin .

That's what we need. Right now more than 80% of the coins in circulation are in the hands of a few thousands of users. This is very much detrimental to the future prospects of BTC. For BTC to grow, we need these big holders to either sell, or give away their coins for free. A currency will not survive, if 80% of it is in the hands of a few elite users.
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August 28, 2016, 05:37:40 PM
 #40

That's what we need. Right now more than 80% of the coins in circulation are in the hands of a few thousands of users. This is very much detrimental to the future prospects of BTC. For BTC to grow, we need these big holders to either sell, or give away their coins for free. A currency will not survive, if 80% of it is in the hands of a few elite users.

giving LARGE amounts of coins away for free is silly. this is because even with faucets giving away small amounts for free in amounts too low for noobs to use to make a transaction straight away to see/experience bitcoins abilities first hand.. the ease of getting these free bitcoins, means its needed to be small unusable amounts as the only way to deter faucet raiders from treating it as a salary, even if thats exactly what most faucet raiders are doing.

there are atleast 200,000 coins on exchanges at any one given time. plenty for people to buy. i dont thing that there is a debate about the 'elite' hoarding either. the 'elites' will ofcourse sell them at some point so relax about that..

all in all the supply and demand on exchanges and free give aways are about right. the nature of the markets has found its own natural levels and are working as they should.
what we should be concentrating on is these two things

1. capacity growth (avoid fee wars and bottlenecks)
2. merchant adoption (free advertising when merchants promote the new payment method)
both of which will increase user adoption with ease and not so much head banging. because people see its actually a currency and not some boiler room scheme

which the side effect of more users and merchant adoption is a bigger market cap for the greedy speculators to orgasm over, but mainly the better user adoption being more priority than price because more users, more uses=strong stable and better bitcoin from an infrustructure and usability standpoint, to fend off an altcoin becoming more popular

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August 28, 2016, 05:53:02 PM
 #41

I voted in a huge price increased .it will bring a big impact to the market as it will spread the big news of money making alternative for fiat money ,if the price increased i believe that mass adoption will also take effect on the market .so it would better like before the end of halving huge price increased faster so it follows all of the given choices.


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August 28, 2016, 06:21:31 PM
 #42

In my opinion i will say mass adoption will be profitable it will cause huge trades in market but price increase is just a temporary fun it will not stay at highest forever and it can have nequmetive effects too

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August 28, 2016, 06:32:59 PM
 #43

Yeah i will also vote in mas adoption we need adoption for bitcoin so that more people can be invest in bitcoin or buy bitcoin if they seen that many adoption are happen in bitcoin .



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August 28, 2016, 08:46:16 PM
 #44

Mass adoption would obviously be better since there would be better publicity for it, thus the more bitcoins are decentralized and probably and hopefully more active bitcoin users. Mass adoption would enable better payment options for us bitcoin users. Huge price increase would only attract holders and will have more people holding and less active bitcoin in circulation, therefore less chances for improvement.
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August 28, 2016, 09:26:00 PM
 #45

Mass of adoption is much more better because bitcoin price is depend on adoption when bitcoin increase its adoption so price of bitcoin will be already going to to higher and mass of adoption can aware a huge number of about bitcoin.
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August 28, 2016, 11:19:38 PM
 #46

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.
That's like a bullshit person.
So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
Well i think about your question is linked with bitcoin life, but I prefer for choosing the mass adoption because, okay we are forgetting about the huge price increase because mass adoption but bitcoin will get a larger with mass adoption and for surely receiving any impact like will appearing a regulated for bitcoin from the government? or especially for bitcoin life will be a long.

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August 28, 2016, 11:23:55 PM
 #47

i think both would be good. Cuz somehow one depend of the other then more adoption of the mass will increase the price.
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August 28, 2016, 11:25:31 PM
 #48

It depends on the type of person. There are enough people wanting the price to go up to such a level where they can make huge profits from, but they mostly don't speak. These people don't care about mass adoption as they only want quick gains. I personally find mass adoption to be the better option as I am here for the long term. That being said, mass adoption in the way that people use Bitcoin more as a currency tool. That gives merchants around the world more incentive to start accepting Bitcoin as form of payment.
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August 29, 2016, 02:52:29 AM
 #49

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

For the long term it is mass adoption. What good is a huge price if the only people using it are the speculators making profit on BTC's price movements. But if you're here only to make some money, then go ahead and speculate in BTC because it is available and no one is stopping you. In fact most of the users here are in it for that very reason.

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August 29, 2016, 02:56:30 AM
 #50

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.
Speculation is not about great value of assets - it is not about huge volatility of asset or currency.
I don't see much speculation, or at least off the charts speculation on commodity markets.
Bitcoin is specific because it is volatile crytocurrency - there is nothing wrong with having stable expensive bitcoin.


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August 29, 2016, 03:45:33 AM
 #51

Just due to the law of supply and demand, mass adoption would create a huge price increase. The more people who want ANYTHING of limited supply, the more that thing will cost. That said, adoption is basically how price increases. Someone with an insane amount of money to burn possibly could increase the price artificially by offering to buy at a stupidly high price, but that price couldn't be sustained because it is doubtful that person could secure nearly all of the bitcoin at that price to sustain it, (there would be many holdouts waiting for it to go higher.)
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August 29, 2016, 03:55:01 AM
 #52

i believe that these two are connected to each other. of course i mean adoption and price rise not a huge price rise. because for example when price rises a lot more people come to bitcoin and invest in it and anybody who buys bitcoin will look more into it to see what it does. and also the adoption is obviously rising the price.

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August 29, 2016, 03:59:08 AM
 #53

I think mass adoption is the better one for bitcoin future, because with mass adoption, it will affect the price of bitcoin too. I'm sure the price of bitcoin will increase when bitcoin have mass adoption.
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August 29, 2016, 04:11:33 AM
 #54

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

Price increase of course but if it will not adopt by many people there might be probability that it may gone or there's no price increase to happen. But for now I might enjoy using what bitcoin can offer for now and worried later. Just entertain and earn for now.

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August 29, 2016, 04:27:11 AM
 #55

I think mass adoption is the better one for bitcoin future, because with mass adoption, it will affect the price of bitcoin too. I'm sure the price of bitcoin will increase when bitcoin have mass adoption.
Please, you're not reading the thread for fully and you can find the op is not asking about the rising effect from mass adoption. but that is very useless a lot of people is know if the price of bitcoin will increase if getting a mass adoption.

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August 29, 2016, 05:02:08 AM
 #56

I chose mass adoption, because with it, many people including merchants will utilize bitcoin and it will help bitcoin grow into a less volatile currency because people don't have to convert to cash most of the time and use it as is.

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August 29, 2016, 05:14:01 AM
 #57

Mass Adoption because it will have effect for bitcoin price, and more people know about bitcoin it will good in future
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August 29, 2016, 05:27:52 AM
 #58

in my openion huge price increase can give a better way to the bitcoin future . the price of expansive things tells the quality of the things so i think the rate of the bitcoin should be increases time to time and this will leads the beyter future of bitcoin .
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August 29, 2016, 05:31:09 AM
 #59

My sense is that unless the price breaches a certain level, a lot of the apps that would drive real mass adoption will remain unviable. In that sense, we may need a massive price move first.

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August 29, 2016, 09:59:38 AM
 #60

Since mass adoption cannot happen any time soon, a pump would be nice so we can make some profit from the new guys.

My thoughts exactly:

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.

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August 29, 2016, 10:06:05 AM
 #61

The two options you have given here, are dependent on each other. Mass adoption is required to increase the price of bitcoin. On the other hand, if the price is increased to a very high level, people will start adopting bitcoin for investment and increase the market penetration.

So, both the things will be required for better future of bitcoin. Price increase is the ultimate goal for some and to happen that in real, mass adoption is required.

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August 29, 2016, 10:14:43 AM
 #62

If there is mass adoption then it would mean there's more demand into it and more companies or stores will be convinced that they should accept bitcoin as their mode of payment because more people are using it. In effect, maybe a stable price of bitcoin will be established and trading volume of it will increase and will drive also the price to rise higher.

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August 29, 2016, 12:54:50 PM
 #63

I more like huge increase price than mass adoption, because people will not interisting use bitcoin if there is not valuable in it. And if there is valuable in bitcoin ( huge increase price) will make mass adoption.
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August 29, 2016, 12:58:19 PM
 #64

I have come to believe that huge price rises are not good at all for the adoption of bitcoin just the same way the free falls are not good.
because it is the exact opposite of what a currency should be like. a bitcoin user who wants to use bitcoin as a currency would want to be able to have the same purchasing power in the future as he has today. although a small and steady (slow) rise is different from a big sudden rise which will become unstable.

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August 29, 2016, 01:13:02 PM
 #65

Since mass adoption cannot happen any time soon, a pump would be nice so we can make some profit from the new guys.

My thoughts exactly:

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.
you are right, a pump right now would be very beneficial because a lot of new people come to bitcoin so it wouldnt come back down

 
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August 29, 2016, 02:55:46 PM
 #66

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

it will be better if many people use bitcoin. bitcoin will keep alive then.

if the price just increase and only a few people know and use it, it will be useless then. so we need mass adoption first. imho.

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August 29, 2016, 02:57:39 PM
 #67

I think that mass adoption of Bitcoin is better for Bitcoin's future because we'd be able to buy and sell more easily if people accept Bitcoins.
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August 30, 2016, 07:06:13 PM
 #68

In my opinion i will say mass adoption will be profitable it will cause huge trades in market but price increase is just a temporary fun it will not stay at highest forever and it can have nequmetive effects too
I think with the slow and steady adoption of bitcoins that is going on right now I think it will win slowly come to be a stable part of the world economy. We’ve seen some spikes in price but it has always leveled out and continues to rise. But mass adoption always follows a price spikes.

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August 30, 2016, 07:11:19 PM
 #69

In my opinion i will say mass adoption will be profitable it will cause huge trades in market but price increase is just a temporary fun it will not stay at highest forever and it can have nequmetive effects too
I think with the slow and steady adoption of bitcoins that is going on right now I think it will win slowly come to be a stable part of the world economy. We’ve seen some spikes in price but it has always leveled out and continues to rise. But mass adoption always follows a price spikes.
Mass adoption is 100% the better path when you have to choose between price spikes and more people using it. While price spikes allow for a lot of speculation and a lot of potential to make money, mass adoption makes Bitcoin more valuable as a whole and less prone to being valuable off of a spike. It depends on your personal goals, but mass adoption for long-term value, spikes for speculators.
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August 30, 2016, 07:20:35 PM
 #70

I think mass adoption will be better for bitcoin, if the bitcoin users are more the price will eventually/slowly increase.
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August 30, 2016, 07:34:00 PM
 #71

i think that mass adoption is always the best because in my opinion it allows bitcoin to become big

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August 31, 2016, 07:02:35 AM
 #72

In my opinion i will say mass adoption will be profitable it will cause huge trades in market but price increase is just a temporary fun it will not stay at highest forever and it can have nequmetive effects too
Yes, mass adoption is the greater achievement to go with, in my opinion too. I believe it will take bitcoin into main stream of adoption as many people and merchants will be backing. High price is only possible when bitcoin hits main stream of adoption. With a strong community of bitcoin world, I believe we are already heading towards that.
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August 31, 2016, 07:07:06 AM
 #73

Since mass adoption cannot happen any time soon, a pump would be nice so we can make some profit from the new guys.

My thoughts exactly:

Increasing price only benefits speculators. Some people (mostly speculators, of course) claim that an increasing price attracts more adoption; however, the people it attracts are just more speculators. If Bitcoin is all about speculation, then it is just a giant pyramid scheme and a waste of time.

Yes, we need mass adoption, or this would lead to a giant pyramid scheme, or illegal ponzi scheme. I hope btc can be widely useful in the real world, not only speculation things.
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August 31, 2016, 07:12:09 AM
 #74


The more important of bitcoin in the future is mass adoption. Because if bitcoin are adopting will definitely be more and more uses and could affect the price of bitcoin. So if bitcoin experiencing mass adoption will be able to affect the price of bitcoin future.
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August 31, 2016, 07:19:06 AM
 #75

in the long term of how things work for bitcoin i choose mass adoption to have a better and bigger effect on bitcoin. because it is the adoption and adoption only that can help with the growth of bitcoin not sudden temporary swing arounds that can kill bitcoin.

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August 31, 2016, 07:21:08 AM
 #76

The benefit it could give to a wider audience definitely outweighs the price increase that only a few are aware of. With mass adoption, bitcoin's stability is somewhat secured. And if it succeeds in its goal towards mass adoption, it could altogether replace fiat and become the staple currency all around the globe.
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August 31, 2016, 07:29:25 AM
 #77

Mass adoption is probably better for bitcoin but huge price increase is better for my personal wallet haha.
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August 31, 2016, 07:53:12 AM
 #78

This is one of the most difficult questions i ever saw on this forum but what i know is that a huge price increase will always be positive for people who are investing with bitcoins you know but a big mass adoption cant be negative also so i dont know what i would pick...
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August 31, 2016, 10:39:10 AM
 #79

From a huge price increase only a few would really profit.
Even if the bitcoin price would suddenly reach ten times the price it has now, it would not mean much for me because the amount of coins I have is just too low.
But I would be tempted to sell the coins and save my winnings. And many others would be as well, what would bring a decrease of price most likely shortly after the increase.
On the other hand, if a lot of people use bitcoins the coin becomes more and more stable. And I suppose a slow but steady increase in price would go along with that.
A short and steady growth does not bring the temptation to save your winnings. On the long run it would be much better for bitcoin and its price.
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August 31, 2016, 10:40:34 AM
 #80

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
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August 31, 2016, 10:48:03 AM
 #81

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
In fact both are directly proportional to each other.A mass adoption will eventually increase bitcoin price because of high demand and low limited supply.High price,in its turn will attract more people to bitcoin so if one thing happens,other will follow
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August 31, 2016, 11:00:26 AM
 #82

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
In fact both are directly proportional to each other.A mass adoption will eventually increase bitcoin price because of high demand and low limited supply.High price,in its turn will attract more people to bitcoin so if one thing happens,other will follow

as it was mentioned before, the big rises will only attract speculators, people who just want to invest in bitcoin and dump it as soon as the price is high and get out. so although i think rises still help with the adoption as currency but it is a tiny help but the other group will be more.

so i think the answer is a no brainer: Mass Adoption because that would mean you can use bitcoin as currency everywhere. and price will rise more naturally than a fake unstable rise.

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August 31, 2016, 11:12:16 AM
 #83

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
In fact both are directly proportional to each other.A mass adoption will eventually increase bitcoin price because of high demand and low limited supply.High price,in its turn will attract more people to bitcoin so if one thing happens,other will follow

as it was mentioned before, the big rises will only attract speculators, people who just want to invest in bitcoin and dump it as soon as the price is high and get out. so although i think rises still help with the adoption as currency but it is a tiny help but the other group will be more.

so i think the answer is a no brainer: Mass Adoption because that would mean you can use bitcoin as currency everywhere. and price will rise more naturally than a fake unstable rise.
If bitcoin reach the mass adoption we will see bitcoin everywhere, even if the price dont change from 600 dollars all people will be using it or able to use it, something is a bigger value comes just investors will go forward, and can make a new buble into bitcoin real value, has happened in the past.
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August 31, 2016, 12:55:12 PM
 #84

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

I would say both.Mass adoption will lead to a huge price increase,this is obvious.

A huge price increase without mass adoption will be just another  speculation bubble,i guess.


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August 31, 2016, 12:58:46 PM
 #85

I think the price of bitcoin increases only when mass adoption occur so all of those who want the price of it to increase they have to support it to increase the investors, I will say that mass adoption and the price of bitcoin are directly proportional.

yeha, it's one of the things which makes the price of bitcoin is much higher. Because something has no trust or a strong backup then they will be forgotten. Bitcoin is indeed less investor but it can be covered with the growth of the bitcoin users higher.
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August 31, 2016, 01:01:40 PM
 #86

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
of coure mass adoption would be really cool to be honest, more and more people would be using it and grow the price a lot over time

 
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August 31, 2016, 01:58:26 PM
 #87

I vote for a mass adoption of bitcoins such that fiat is completely wiped out, then we won't be talking about the price of bitcoins anymore. The only trading left would be btc/altcoin.
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September 01, 2016, 04:03:06 AM
 #88

I voted in a huge price increased .it will bring a big impact to the market as it will spread the big news of money making alternative for fiat money ,if the price increased i believe that mass adoption will also take effect on the market .so it would better like before the end of halving huge price increased faster so it follows all of the given choices.

But I fear the huge increase in price could cause the market to fail though. I bet there would be a huge group of people who just dump the coins essentially causing it to crash, which could potentially make the cost of bitcoins lower than it was before the price spike. So, I believe the mass adoption must be the first step words huge price increase.
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September 01, 2016, 04:07:43 AM
 #89

any experienced marketer our trader will choose 1st option. that is mass adoption because the more people will use bitcoin the more will be the chances for making profit guru trading exchanging etc . mass adoption will also affect its stability and instability will gave us chance for more profit.
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September 01, 2016, 04:32:48 AM
 #90

I voted for huge price increase but soon after I regret it because mass adoption will lead to huge price increase itself.
I hope one day we can see 1 billion people using bitcoins just like when we look at google and see billions actually use it.
I think google could help a lot to spread the awareness and benefits of bitcoin and block chain technology as well to the people of the world.
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September 01, 2016, 04:39:55 AM
 #91

Mass adoption will just come, so I would go for huge price increase as this is the most favorable choice for everyone of us. And when the people who are not into bitcoins will see this huge potential price of bitcoin then they are going to get caught by their interest to it. And as well as the companies they are the ones to do the mass adoption.

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September 01, 2016, 04:41:06 AM
 #92

I think the price of bitcoin increases only when mass adoption occur so all of those who want the price of it to increase they have to support it to increase the investors, I will say that mass adoption and the price of bitcoin are directly proportional.

yeha, it's one of the things which makes the price of bitcoin is much higher. Because something has no trust or a strong backup then they will be forgotten. Bitcoin is indeed less investor but it can be covered with the growth of the bitcoin users higher.

Yeah if the user of the bitcoin lessen then the bitcoin price will go down .  It is very important the demand of the coin because it depend the price on it . What if only few are using bitcoin is the price higher than normal? no it because of the demand.
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September 01, 2016, 04:43:34 AM
 #93

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
yeah the price rise will happen when the demand of bitcoin is growing and you know that can result from the rising demand bitcoin users who continue to grow so the demand will continue to grow bitcoin. and it will lead to price rises. adoption is paramount
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September 01, 2016, 04:44:30 AM
 #94

I voted in a huge price increased .it will bring a big impact to the market as it will spread the big news of money making alternative for fiat money ,if the price increased i believe that mass adoption will also take effect on the market .so it would better like before the end of halving huge price increased faster so it follows all of the given choices.

But I fear the huge increase in price could cause the market to fail though. I bet there would be a huge group of people who just dump the coins essentially causing it to crash, which could potentially make the cost of bitcoins lower than it was before the price spike. So, I believe the mass adoption must be the first step words huge price increase.

a crash after a pump is not a fail!
when a huge price rise happens obviously anybody with a little brain would sell his coins and price will surely come back down even if it is not to the previous level and then all those people who sold will buy back again hence the stopping of crash. watch a live market next time and you can see this in action.

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September 01, 2016, 04:52:31 AM
 #95

Agreed, but everyone have different way of thinking, because when a huge price increase and huge number of the people make profit from bitcoin, so thats why people use it again and it make help to going a bright future of bitcoin. Actually we use bitcoin because its price give us profit, so when price increase so its mean Mass adoption is not much better.
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September 01, 2016, 04:55:19 AM
 #96

I think huge increasing price can attracs the mass adoption but the most of them wiould be just speculators. But it is still fine, if bitcoin is famous becouse of those speculators. In the future, the most of people will using smartphone and internet connection. So many people will prefer like to virtual transaction than banks transfer money.


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September 01, 2016, 08:09:13 AM
 #97

obviously as a 2 years experienced trader and dealer of bitcoin I would say that mass adoption is important because more people more competition and more earning if you are clever. even i a post it had stated that china is ruling bitcoin because market potential of China is on top.
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September 01, 2016, 01:58:08 PM
 #98

Yeah i will also vote in mas adoption we need adoption for bitcoin so that more people can be invest in bitcoin or buy bitcoin if they seen that many adoption are happen in bitcoin .
Not only "invest" but also see the good in spending a little to see the use of it. Bitcoin is like modern day gold and it feels like that when you spend it. It’s like that old saying goes you can’t knock it ‘til you try it! Mass adoption will do all the needful things for bitcoin, we must initiate many things for achieving it.
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September 01, 2016, 02:08:03 PM
 #99

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
yeah, mass adoption would most probably be way better because it would allow the price to be going up more in a longer run i guess

 
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September 01, 2016, 02:34:08 PM
 #100

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
yeah, mass adoption would most probably be way better because it would allow the price to be going up more in a longer run i guess
A slow steady increase in users is what we need to see. I think that is currently happening in my opinion. I think the future it bright for bitcoin and we will continue to see a rise in bitcoin adoption rates. More the adoption then more the value for bitcoin.

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September 01, 2016, 03:08:53 PM
 #101

You cannot have mass adoption without huge prince increase. The marketcap is currently less than what, 10 billion dollars? that is nothing, a company like uber is several times bigger. Once Bitcoin goes mainstream, the price will be in the literal moon.
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September 01, 2016, 03:13:30 PM
 #102

You cannot have mass adoption without huge prince increase. The marketcap is currently less than what, 10 billion dollars? that is nothing, a company like uber is several times bigger. Once Bitcoin goes mainstream, the price will be in the literal moon.

mass adoption will surely help towards a much higher price, but i would prefer more wealthy people with the intention of using bitcoin as store of wealth, instead of faucet hungry people adding next to nothing to the bitcoin eco system. these people mostly convert every bit of earned satoshis to fiat. they don't spend anything at all, etc.
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September 01, 2016, 03:16:10 PM
 #103

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
yeah, mass adoption would most probably be way better because it would allow the price to be going up more in a longer run i guess
A slow steady increase in users is what we need to see. I think that is currently happening in my opinion. I think the future it bright for bitcoin and we will continue to see a rise in bitcoin adoption rates. More the adoption then more the value for bitcoin.

Yeah the users of bitcoins are increasing now, so if it continues to go higher then we can expect higher price in future and I am sure that will definitely happen.
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September 01, 2016, 03:31:27 PM
 #104

I think mass adoption because if many people will use bitcoin , the price  of  bitcoin will increase.
yeah, mass adoption would most probably be way better because it would allow the price to be going up more in a longer run i guess
we had already see huge price increase several times ago when bitcoin prices hit $1000 above but unfortunately it would not last long and this time i do agree with you because with increasing mass adoption i think will automatically increase the prices too
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September 01, 2016, 04:10:01 PM
 #105

Mass adoption is better for bitcoin's long term legitimacy & future but massively rising prices would make me happy.
I think the two are linked though, huge price increases usually happen as a result of something mainstream e.g. a big company/organisation implementing bitcoin into their payment options.

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September 02, 2016, 07:28:47 PM
 #106

I think both are very important, and one thing is the consequence of another. If there is mass adoption, there is demand. In this case it would be likely an increase in the price of the currency.
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September 02, 2016, 07:36:23 PM
 #107

i think that mass adoption is much more good if bitcoin adoption will rise up so bitcoin price will be automatically go to high price and i feel that bitcoin are really increasing it adoption because maximum people are aware about bitcoin and they are going to buy bitcoin in huge amount for the future.
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September 02, 2016, 07:49:30 PM
 #108

Mass adoption will make bitcoin survive because will there are many comunities of bitcoin (for examples bitcointalk and another forum), bitcoin's price will going up step by step although it is need much time but it is will strong. That is different with huge price increase that be played by bagholder and bitcoin's price will unstable.
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September 02, 2016, 08:03:10 PM
 #109

Mass adoption is much more better than just a huge increase. I think this way if there will be a huge increase without mass adoption and acceptance this will transform Bitcoin into a commodity or asset than digital currency. Bitcoin still in early phases because big projects which are game changer need big time. The more people adopts the more it will be powerful and gains strength.
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September 02, 2016, 08:16:50 PM
 #110

Mass adoption is a win win has this translates into demand for the digital currency lending to an increase in price of bitcoins.
*but then again I think adoption might mean regulated digital currency
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September 08, 2016, 06:09:30 PM
 #111

One thing certainly is consequence of another, because if there is mass adoption, there will be people buying it, and in this case the price should increase in value.
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September 08, 2016, 06:28:27 PM
 #112

One thing certainly is consequence of another, because if there is mass adoption, there will be people buying it, and in this case the price should increase in value.

If we gets the mass adoption from the bitcoin lovers then automatically price  will increase in stock market of bitcoins.
Adoption will arise the level of popularity and demand from the bitcoin world. It's being decentralized currency yet in future, who knows may be dollar can also replace by btc.
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September 20, 2016, 05:52:25 AM
 #113

In my opinion mass adoption is best because when we will have more bitcoin then there will be more demand of bitcoin in market and more demand means more price so finally it well result in Price hike. So mass adoption will bring a revolution in bitcoin world. It's according to my opinion.
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October 30, 2016, 05:15:17 PM
 #114

Both are very important, but perhaps the most important thing is mass adoption, because that's what drives the price to higher levels, and brings stability and liquidity to the market.

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October 30, 2016, 05:40:44 PM
 #115

Mass adoption is much required, because when adoption increases automatically the increase in user profile makes impact over the price to get increased. Also an important factor on bitcoin adoption is that, when adoption reaches certain percentage we get a standardized value for bitcoin which at any situation won't fall below certain fixed limits.

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October 31, 2016, 02:16:26 AM
 #116

For the long term, mass adoption matter a lot. I have said this before in this thread without really taking into account the importance of a huge price increase. In Bitcoin's case it looks like that a huge price increase goes hand in hand with mass adoption. With the present price of Bitcoin, no one is really interested. But what if it reaches the dream price of moon $10,000 per coin?

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October 31, 2016, 06:34:45 AM
 #117

I think mass adoption a much needed bitcoin. Because if bitcoin mass adoption will be many people who know and use it, so bitcoin be used anywhere. If bitcoin extends it would be good for the development of bitcoin, and bitcoin indirectly continues to grow.
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October 31, 2016, 06:46:32 AM
 #118

Mass adoption would be good but then it could decrease the price if suddenly the demand slows. Price would also be good, for those who have stocked it up. I think it should be both, Mass adoption and price increases also.
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October 31, 2016, 06:56:01 AM
 #119

Mass adoption would be better for bitcoin to be considered a success. All these huge price increase would mean nothing if only a few persons are benefiting from it. The good thing with mass adoption is that actual people would be able to take advantage of the many benefits bitcoin can give, and it will surely stabilize the price if there are more users because it would be harder to manipulate the price.
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October 31, 2016, 07:29:56 AM
 #120

Mass adoption is better for me because if many will know and start using it, its price will increase because of a high demand. People around me won't laugh at me anymore on what i am doing because they already know about bitcoin and the future of it.
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October 31, 2016, 07:40:41 AM
 #121

Mass adoption actually causes a price increase in bitcoin, so the basic thing we need for bitcoin is mass adoption because once that is achieved, the price would automatically increase with the time.
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October 31, 2016, 07:58:36 AM
 #122

Mass adoption for sure, cause bitcoin price determine supply and demand. With mass adoption we can count that demand will increase, supply will stay the same (learn more about bitcoins) that will make price go up for sure.
Just huge price increase will not be good for bitcoin, that will reject many people from bitcoin, it will attract rich people but in this world there is more people without money. Mass adoption will go trough that poor people, or to say us, cause I`m poor and many others here. Bitcoin means a lot to us and real support will come from poor masses.



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October 31, 2016, 08:08:56 AM
 #123

I would vote for mass adoption. On that way Bitcoin would be available to the wider population which is actualy the goal, to be globaly accepted.
Although huge price increase sounds attractive this cor also create some kind of Bitcoin elite which at the end probably would not be good for Bitcoin.

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October 31, 2016, 08:24:40 AM
 #124

Huge price is not that much appreciated till Bitcoin is adopted by Mass public, because everyone wanted to use bitcoin in their daily life as they are using fiat currency and for that Mass Adoption is surely needed so only you can fullfil your dreams.
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October 31, 2016, 08:37:27 AM
 #125

Even  OP said there  no connection or were not talking   mass adoption  for price  increase but still  it would  still happen  though. I would really prefer   mass adoption so that we could able  to use   our bitcoin in its  fullest potential and with this way we would not able  to have problems on how  we  gonna use  it. Mass adoption would really impacts on bitcoins price because   the  demand  arises on that  state  therefore the  more the  demand   the  value  would   increase and   you cant stop it.

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October 31, 2016, 09:53:24 AM
 #126

I think Mass adoption will be great. According to me, if mass adoption occurs automatically price will increase. So, mass adoption is more important..

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October 31, 2016, 10:08:04 AM
 #127

Mass adoption actually causes a price increase in bitcoin, so the basic thing we need for bitcoin is mass adoption because once that is achieved, the price would automatically increase with the time.

Exactly mass adoption means more investment, more sales and last thing that i consider was the lesser supply which of course in the law of demand and supply the higher the supply the lower the price vice versa.
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October 31, 2016, 12:34:10 PM
 #128

Mass adoption off course is the permanent solution for stability and healthy future for Bitcoin. It is true huge price increase will be helpful to investors to make some bucks but isn't going to help Bitcoin. A gradually increase in price with maintaining balance in adoption will not only make its future better but also make it much more solid and trustworthy for common man.
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October 31, 2016, 01:19:12 PM
 #129

If i want to think selfish then huge price increase will be better because I already hold on to the bitcoin, so for sure i will get huge profit by huge price increase, however it is going to last for a short time, but if I choose mass adoption, it will be great for long term profit, it will also give advantage of bitcoin, the price won't be increase much but it will stable and the value will keep on increasing


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October 31, 2016, 01:20:31 PM
 #130

Huge price is not that much appreciated till Bitcoin is adopted by Mass public, because everyone wanted to use bitcoin in their daily life as they are using fiat currency and for that Mass Adoption is surely needed so only you can fullfil your dreams.

the interesting thing to know about these two is that they have a hand in hand kind of relationship which means when one of these happens the other happens too.

for example when the mass adoption occurs there will be a big price rise and usually when price rise happens there is so much publicity for bitcoin that it helps mass adoption.

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October 31, 2016, 02:18:42 PM
 #131

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
I would say mass adoption would be very positive outcome on Bitcoin future.  I wonder how high the price would go with the limited supply once it achieves what could be considered mass adoption.
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October 31, 2016, 02:25:20 PM
 #132

Just like everybody here, my vote goes to mass adoption.  Because of simple reason that the more people are patronizing and using bitcoin then the demand would be higher and it will surely gave bitcoin a guarantee that it would goes a long long way.  It could even make bitcoin price higher because of the huge demand for it.  I hope that one day bitcoin would really have many users around the world.
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October 31, 2016, 03:28:52 PM
 #133

Mass adoption. Which leads to greater demand! Greater demand then leads to an increase in the price!
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October 31, 2016, 03:37:29 PM
 #134

Two things are related with each other i think. When people adopt bitcoin, the price of it will increase naturally. I think bitcoin will be raise more than 800 dollar in 2017.
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October 31, 2016, 04:05:30 PM
 #135

Mass adoption is better for me because if many will know and start using it, its price will increase because of a high demand. People around me won't laugh at me anymore on what i am doing because they already know about bitcoin and the future of it.

I prefer also and voted mass adoption. As we know market is dictate by supply and demand,meaning when there is a mass adoption alo means big demand and this community supporters will determine the price of the said coin.

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October 31, 2016, 04:22:49 PM
 #136

I have selected mass adoption because i believe that by mass adoption the price would increase itself gradually, as bitcoin will get more investors, more users so the demand would increase and that would increase the price as well.
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October 31, 2016, 04:34:39 PM
 #137

I have selected mass adoption because i believe that by mass adoption the price would increase itself gradually, as bitcoin will get more investors, more users so the demand would increase and that would increase the price as well.
Yeah right mass adoption is more needed and if it will happen it can also affect the price of bitcoin. because if more adoption like more merchant will accept bitcoin as payment and more stores online and bitcoin is acceptable locally it can affect the value of bitcoin since many investors will come and use bitcoin.. because the price is always depends in demand and supply.
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October 31, 2016, 05:06:36 PM
 #138

I have selected mass adoption because i believe that by mass adoption the price would increase itself gradually, as bitcoin will get more investors, more users so the demand would increase and that would increase the price as well.


 Yup buddy. Even I wish to go with mass adoption because If we gather more people to adopt into the bitcoin community. If we get best fortune 500 companies to adopt bitcoin means Sure bitcoin price will reach somewhere around in 10000$ or more than that...
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October 31, 2016, 05:16:02 PM
 #139

There is no doubt that mass adoption is certainly a better option if we are looking long term.Bitcoin needs as larger user base to achieve their full potential and this is not a process that happens overnight.There will be a lots ups and downs-pumps and dumps on that road.

For people who just want quick profit some huge price increase will be much better,for others who wish Bitcoin to succeed and be stable, mass adoption is a much better way.

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October 31, 2016, 05:26:08 PM
 #140

Chicken or the egg debate really.

If you get mass adoption you are also going to see a jump in price,least that is how I see the future based of current history.
Lets say they are separate...If the price jumps and people are priced out,we would eventually face a decline in the longer term.
If we build a strong base with the mass adoption we could be more profitable and efficient longer term as opposed to sky roof increase pushing out even some of the people here.
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October 31, 2016, 06:08:17 PM
 #141

Chicken or the egg debate really.

If you get mass adoption you are also going to see a jump in price,least that is how I see the future based of current history.
Lets say they are separate...If the price jumps and people are priced out,we would eventually face a decline in the longer term.
If we build a strong base with the mass adoption we could be more profitable and efficient longer term as opposed to sky roof increase pushing out even some of the people here.

Mass adoption and price jump aren't necessarly correlated.

A group of 10 to 100 whales can take the price to 10k per coin by tomorrow, in this case we don't need massive adoption, we only need a small group of people with deep pockets ready to move their wealth into BTC.
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October 31, 2016, 07:34:09 PM
 #142

I do believe mass adoption is the best for bitcoin, with those it will be recognized as currencie, and will get a bigger value, because should happen the same as gold, receives huge investment, from the people, knowing that they might earn a lot and without have to get taxed.
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October 31, 2016, 08:09:58 PM
 #143

Right now, a lot people think of bitcoin as an investment more than as a way of transacting funds. They care more about the price than the number of people who use it.

But what's the point of having bitcoin when barely anybody uses/accepts it as payment? What's the point when I have to convert to fiat to buy most things? I'd rather mass adoption rather than a price increase.

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October 31, 2016, 08:23:24 PM
 #144

When bitcoin being used by more and more people there's a chance for bitcoin to survive much longer. Bitcoin will become a currency used in many places and not just a comodity. So, mass adoption will be better for bitcoin!

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October 31, 2016, 08:33:05 PM
 #145

While both do rely on each other, the more important one for Bitcoin's future has to be mass adoption. Bitcoin already had a huge price increase all the way back in late 2013, reaching an all-time high price over $1200, before the price falling to about half of that before recovering and stabilizing. The price currently stands at $700, which is much higher than it was even a year ago, and many experts are predicting that it will reach over $1000 again in 2017, and for that to happen, many new people have to get on board and learn about Bitcoin.
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October 31, 2016, 09:56:02 PM
 #146

Chicken or the egg debate really.

If you get mass adoption you are also going to see a jump in price,least that is how I see the future based of current history.
Lets say they are separate...If the price jumps and people are priced out,we would eventually face a decline in the longer term.
If we build a strong base with the mass adoption we could be more profitable and efficient longer term as opposed to sky roof increase pushing out even some of the people here.

Mass adoption and price jump aren't necessarly correlated.

A group of 10 to 100 whales can take the price to 10k per coin by tomorrow, in this case we don't need massive adoption, we only need a small group of people with deep pockets ready to move their wealth into BTC.

I think if you run it in the set way I mentioned it does correlate but I agree it does not work the other way around,being price increase bringing mass adoption.
That is a bit more murky and unknown.
So if a group of whales bring a large amount of currency into bitcoin to facilitate a rise in awareness in would draw attention by the media.
But it would be short lived like when they drag the person wanting to sell their car for bitcoin,it dies off after that till a pedo gets busted with it.

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October 31, 2016, 10:14:25 PM
 #147

Well, CMIIW the more people use Bitcoin the more the price would increase. So the better option for Bitcoin is to have a mass adoption, because it would affect the price of Bitcoin itself.
And high price is no longer important if no one even uses the currency.

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October 31, 2016, 11:37:03 PM
 #148

If I was a pure speculator, I'd have to say I'd be hoping for an insane, runaway, drool-on-your-bib bull market--i.e., a huge price increase.  But if I was going to be sucker enough to actually use bitcoin as a currency, then it'd be mass adoption.  I am neither one of those.

What I'm hoping for is a slow, sustainable increase, and that doesn't necessarily mean bitcoin will be widely adopted.  I don't think it will be anytime soon.  I'm not hoping for 2013 again, because that sort of blast isn't sustainable.

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November 01, 2016, 01:06:52 AM
 #149

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

A huge price increase will only make people sell everything they have and walk away (at least most of them will) so I'd say having Mass adoption is much better (and which will eventually lead into a stable price increase)

I'd also prefer mass adoption than high price because the higher mass adoption the most popular bitcoin is. so bitcoin might be accepted in so many countries.

high price is just another matter or just the positive effect of mass adoption.

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November 01, 2016, 01:26:47 AM
 #150

All currency is implied to thrive most where adoption spreads.

Think of how the origins of money became what it is today, everybody uses cash tied to a country and has convertible options of traveling abroad where people use it every single day.

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November 01, 2016, 01:32:02 AM
 #151

I do believe mass adoption is the best for bitcoin, with those it will be recognized as currencie, and will get a bigger value, because should happen the same as gold, receives huge investment, from the people, knowing that they might earn a lot and without have to get taxed.
Mass adoption is important, but I think huge price increase is the most important thing becouse if people see that bitcoin is not just currency but it is also an investment too so the people will intetest with bitcoin. Try to get bitcoin then become bitcoin users.

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November 01, 2016, 01:42:39 AM
 #152

There is no point in asking this question cause we can have them both, there is no mass adoption without huge price increase or the opposite.
The real question for me is when this going to happen(cause it will happen one day IMO) if more people start using Bitcoin as a currency and not as an investment only we might see it happening in the next 10-15 years.
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November 01, 2016, 02:16:35 AM
 #153

you can say huge price increase is a temporary success and as time passes it will start to diminish and finally come to lower of its real price and mass adoption will not increase the price alot but yes it will cause more and more active trades in the market which will slowly increase the price
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November 01, 2016, 02:26:09 AM
 #154

Well, CMIIW the more people use Bitcoin the more the price would increase. So the better option for Bitcoin is to have a mass adoption, because it would affect the price of Bitcoin itself.
And high price is no longer important if no one even uses the currency.
We can't forget about massive adoption will trying for giving a different achievement for bitcoin and absolutely community will trying for involving if bitcoin are any things are need forget any value from them, totally a lot of nature sense will trying for following the trend. massive adoption will more appreciate rather than high price. but sometimes the highest price of bitcoin are mirroring how many valuable bitcoin for some person.

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November 01, 2016, 03:33:30 AM
 #155

i choose for mass adoption especially from people around us and we can tell to them about bitcoin. beside that, we can use the technology of internet to reach more people and so we can introduced bitcoin to them.

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November 01, 2016, 04:25:04 AM
 #156

I think better is to get mass adoption than huge price pump and dumps because without mass adoption the huge price increase will certainly come with even higher price dumps because there will be not much buy force behind.
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November 01, 2016, 05:14:26 AM
 #157

I voted for mass adaptation. Though price increase is also very important for bitcoin users and vendors but its the mass adaptation that will thrive the currency and industry as well. It will also help in increasing the price and will make it more useful for even a non tech guy.
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November 01, 2016, 12:22:37 PM
 #158

I will choose mass adoption, because i think it is better for us and also for bitcoin, if we want to see bitcoin in a price increase than mass adoption is better. Because we all are using the bitcoin, and only for gain profit, but main thing is that we should wait for it because it will take sometime. 

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November 01, 2016, 02:07:02 PM
 #159

Huge price increase will make for easier adoption. Why? Popularity.

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November 01, 2016, 04:45:04 PM
 #160

I'd say mass adoption. With mass adoption comes increased price stability and less control by certain whales who can pump and dump the price artificially with their massive finances. It'll also enable us to have more places to spend and buy Bitcoins from and more control over decentralization of it. It's always preferred that with mass adoption there's no restrictions or regulations imposed by the Governments, cause this would hinder mass adoption.
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November 01, 2016, 05:37:48 PM
 #161

Mass adoption is better and I want it because mass adoption will demand more bitcoin then it's price will go up and price fluctuation will get reduced because one bulk buyer will not be able to define the faith of its price. Also mass adoption will increase the bottom acceptance payment gateway in various places like malls, hotels, office and everywhere it's possible
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November 03, 2016, 10:21:53 AM
 #162

This two should go together, i guess. Because how can a bitcoins' price remains low if there is no mass adoption, right?. Same as how can a bitcoin's price  continue to increase if only few people know about bitco8n or if only few are using them.  Mass adoption is a great way for huge price increase.
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November 03, 2016, 10:34:40 AM
 #163

This two should go together, i guess. Because how can a bitcoins' price remains low if there is no mass adoption, right?. Same as how can a bitcoin's price  continue to increase if only few people know about bitco8n or if only few are using them.  Mass adoption is a great way for huge price increase.

So the basic thing is that mass adoption is what really matters for bitcoin, because if there is no adoption at all the price might grow but it wont grow as much as it would if there will be mass adoption, that is why mass adoption is the most important thing bitcoin needs to progress.
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November 03, 2016, 12:01:33 PM
 #164

Mass adoption would be better, but if it was to happen right now it would kill the coin because a fee market can't develop on a full blockchain. It becomes a never ending fee race spiral. There is a lot of technological progress that needs to be made before the masses can adopt bitcoin. Today, bitcoin requires a lot of underlying technology understanding to have confidence in it. That is something the masses do not want to know.
Mass adoption would cause a price rise, since not everybody on the planet can hold 1 BTC. There will always be price volatility, it happens today with the US dollar. But if you are paid in bitcoin and spend in bitcoin, people will pay about as much attention to exchange rates as they do with the currency in the pocket. It's the price in bitcoin of what they consume with it that they will notice more, and in general that is going to be deflationary rather than inflationary, influenced by regional economic performance.

Scaling and transaction rate: https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Do not allow demand to exceed capacity. Do not allow mempools to forget transactions. Relay all transactions. Eventually confirm all transactions.
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November 03, 2016, 12:21:04 PM
 #165

Mass adoption would be better, but if it was to happen right now it would kill the coin because a fee market can't develop on a full blockchain. It becomes a never ending fee race spiral. There is a lot of technological progress that needs to be made before the masses can adopt bitcoin. Today, bitcoin requires a lot of underlying technology understanding to have confidence in it. That is something the masses do not want to know.

Exactly. Bitcoin is not yet ready for mass adoption. An excessive increase in adoption at this point in time might even be a threat for the currency, because people come with unrealistic expectations that can't be fulfilled. Ideally, adoption should expand gradually, in line with technological progress. Nothing is gained from adoption if Bitcoin becomes unusable in the process or is exposed to centralized political influence because of a large group of misinformed new users.

So I think neither mass adoption or a huge price increase are really good at the present point in time. We need more technological progress in terms of capacity and privacy first. With Segregated Witness and Lightning Networks, the first aspect is currently being addressed.

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November 03, 2016, 12:27:42 PM
 #166

This two should go together, i guess. Because how can a bitcoins' price remains low if there is no mass adoption, right?. Same as how can a bitcoin's price  continue to increase if only few people know about bitco8n or if only few are using them.  Mass adoption is a great way for huge price increase.

So the basic thing is that mass adoption is what really matters for bitcoin, because if there is no adoption at all the price might grow but it wont grow as much as it would if there will be mass adoption, that is why mass adoption is the most important thing bitcoin needs to progress.
i agree with these both things should run together as both are same important and needed each other. huge price increase happened already several times but look at now , there still few store accept bitcoin. mass adoption needed here. once there a lot of company adopt bitcoin it would automatically drive bitcoin price increased too.

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November 03, 2016, 12:52:39 PM
 #167

I have voted as many others for mass adoption. Demand affects the most on bitcoin popularity. So mass adoption will be only for best for bitcoin future. I doubt that high pice is going to be good for bitcoin. High price is going to be good only for holders of big amount of bitcoins, not for bitcoin as currency.
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November 03, 2016, 01:00:34 PM
 #168

I prefer mass adoption but i think that bitcoin network  is still not ready for mass adoption because there is very limited number of miners to verify the payment. So if mass adoption takes place then there might be very delay in payment so till then more miners should come up with improved system for faster verification.
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November 03, 2016, 01:04:29 PM
 #169

I prefer mass adoption but i think that bitcoin network  is still not ready for mass adoption because there is very limited number of miners to verify the payment. So if mass adoption takes place then there might be very delay in payment so till then more miners should come up with improved system for faster verification.

That is certainly true, but that I don't think it will be a problem. Because as long as there are still many miners then all transactions will still keep going and so do miners they do it all because it will benefit from each transaction. So this is not an issue, so keep working and get a lot of BTC. the bad is the lack of user bitcoin, miners and therefore will destroy the growth of bitcoin
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November 03, 2016, 01:05:18 PM
 #170

Bitcoin is not suited yet from mass adoption. If millions of users jumped  out of nowhere into bitcoin, we would have problems in terms of slow transactions and so on. It is better to stay under the radar until lightning network is operative.
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November 03, 2016, 01:58:49 PM
 #171

I think it needs to co-relate with each other as in order for bitcoin for it to increase its price it had to have demand, For it to have demand many people must use it and allow others to be introduce with bitcoin. I also have encountered a situation myself I have experienced as I have come across a news saying that "bitcoin prices are more stable than gold" which I become curious with it and now up to this date is loving bitcoin.
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November 19, 2016, 09:16:44 PM
 #172

Price increase and mass adoption are important factors for Bitcoin, and one depends on the other. I think that if there is mass adoption, there is a network effect, more people are aware of the usefulness and importance of Bitcoin, and they bring this knowledge to people who don't know about it. This generates demand, and consequently promotes an increase in the price of Bitcoin.
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November 19, 2016, 10:36:27 PM
 #173

Im sure we need mass adoption if bitcoin price stand at this stage between 600-700 dollars its a great ammount already, if we can go anywhere and pay directly with out bitcoins wouldnt it be better? Then bitcoin being worth 900 dollars? I do wish we achieve mass adoption and bitcoin be a payment option everywhere, soo i can spend some of my coins without have to exchange into fiat.
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November 19, 2016, 10:40:25 PM
 #174

That's obviously mass adoption, because that will then lead to the huge price increase. What's even better is that it will happen thought the course of the years.

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November 19, 2016, 11:05:52 PM
 #175

Mass adoption is better, but huge price inceases will apear on tv and newspapers, and more users will know about it. Mass adoption could later than news talk about a huge price increase of bitcoin.
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November 19, 2016, 11:11:24 PM
 #176

Price increase and mass adoption are important factors for Bitcoin, and one depends on the other. I think that if there is mass adoption, there is a network effect, more people are aware of the usefulness and importance of Bitcoin, and they bring this knowledge to people who don't know about it. This generates demand, and consequently promotes an increase in the price of Bitcoin.

and if the two of this is really happen for future then the network will be upgrade to adjust the growing of bitcoin user and the price so bitcoin itself will be reach more user and maybe we can see that if all being setup for mass adoption, the network will work in new stage to handle many transaction.

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November 20, 2016, 12:22:25 AM
 #177

Mass adoption is better for bitcoin clearly. If everyone use bitcoin, we wouldn't talk about "bitcoin price", since bitcoin would be the main currency (though it would get more Valuable).

Everyone would be interested in bitcoin, which would bring us a lot of new possibilities and functions around bitcoin.
.

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November 20, 2016, 03:54:10 AM
 #178

Mass adoption is better, but huge price inceases will apear on tv and newspapers, and more users will know about it. Mass adoption could later than news talk about a huge price increase of bitcoin.
I may think if the Indian cases have become a real example for this topic. Massive adoption it hasn't meant will sue to increase the size.
And the massive adoption has become the first stand for the price increase. 

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November 20, 2016, 04:04:15 AM
 #179

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

both are good but i think it should be obvious that mass adoption comes with a lot more benefits that one of them is a huge price increase in its future. so in other words you hit two birds with one stone if we can see mass adoption first.


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November 20, 2016, 05:00:00 AM
 #180

Mass adoption is far better because with mass adoption, you're also going to get a price increase. Not as much as you're probably thinking right now, but it goes up and benefits everyone.

Plus the economy starts moving faster, there are more markets that open up and starting a business isn't as competitive as it could and would be under current conditions.
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November 20, 2016, 05:19:59 AM
 #181

Mass adoption is far better because with mass adoption, you're also going to get a price increase. Not as much as you're probably thinking right now, but it goes up and benefits everyone.

Plus the economy starts moving faster, there are more markets that open up and starting a business isn't as competitive as it could and would be under current conditions.

This is a two sided questions. If there masses involved every one will use it that's good, but suddenly there may be so many bitcoins that people loose interest and price crash. Secondly if price rises it will be limited to the existing one, no one would come at such prices. So I think there should be a common ground.
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November 20, 2016, 05:24:54 AM
 #182

I think both important about Mass adoption or huge price increase. but I choose mass adoption when much people use bitcoin so many advantages to bitcoin price may also rise as a result many are using.
I hope the point bitcoin prices remained stable and still rising.
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November 20, 2016, 05:43:49 AM
 #183

Both are important, as mass adoption would allow more demand for bitcoins which will automatically become the reason for higher prices, and if higher prices are there already, others might take a dip of their salaries into bitcoins to take advantage of trading its volatility.

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November 20, 2016, 06:18:07 AM
 #184

Both are important, as mass adoption would allow more demand for bitcoins which will automatically become the reason for higher prices, and if higher prices are there already, others might take a dip of their salaries into bitcoins to take advantage of trading its volatility.

I do agree with your statement and both  goes hand in hand in my opinion. As the law of supply and demand goes, more demand means high prices of bitcoin. We already know that bitcoin has a fixed number only in circulation.

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November 20, 2016, 06:46:27 AM
 #185

Mass adoption is far better because with mass adoption, you're also going to get a price increase. Not as much as you're probably thinking right now, but it goes up and benefits everyone.

Plus the economy starts moving faster, there are more markets that open up and starting a business isn't as competitive as it could and would be under current conditions.
Yeah basically when there is mass adoption the same amount of bitcoins are distributed among more and more users hence the demand increases for bitcoins which itself mean that there is price increase. While a simple huge price increase will give profit to its current adopters and not much spread of bitcoins to new users.
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November 20, 2016, 06:58:46 AM
 #186

I think it depends on who you are asking,  investors that think about the profit does not care about the future of their investment, they are more focus on the money that they will make the moment there is a spike in price of their holdings, so probably this kind of people will thing price increase is better so they can sell and walk away.  Supporters, and users that look at bitcoin as long term usage, and have benefits with the advantages it gives would love to see mass adoption in bitcoin.  Mostly, merchants will go for this stuff since mass adoption will simply means a more stable currency and their worries of "accepting bitcoin today and might be worthless tomorrow" will be gone.
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November 20, 2016, 07:17:08 AM
 #187

Both are important, as mass adoption would allow more demand for bitcoins which will automatically become the reason for higher prices, and if higher prices are there already, others might take a dip of their salaries into bitcoins to take advantage of trading its volatility.

I do agree with your statement and both  goes hand in hand in my opinion. As the law of supply and demand goes, more demand means high prices of bitcoin. We already know that bitcoin has a fixed number only in circulation.
actually both huge price increase and mass adoption have its relation,mass adoption will bring huge price increase and if that's the case,there no "which one is better" because choosing one of both means choosing both
even if huge price increases didn't mean mass adoption,people still getting interested by its price rising and see this as some sort of worthy investment

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November 20, 2016, 07:25:26 AM
 #188

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

I would choose mass adoption because bitcoin will be a household term and everyone will be familiar with it which in turn many companies will use it as payment option and then eventually its price will go up because of the demand. With the huge price increase, maybe it just increase because a certain investor saw its potential and eventually buy a bulk of it but eventually there will be a market correction and its price will go down again unlike when there is mass adoption, the movement of prices will not directly affect the prices of items or products that companies will offer because bitcoin is the one being used and there is no need to convert too fiat anymore.

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November 20, 2016, 07:38:18 AM
 #189

i see, more choice a mass adoption, i think choose i don't care because " HUGE PRICE INCREASE because MASS ADAPTION"

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November 20, 2016, 07:49:20 AM
 #190

I think it's better for mass adoption for bitcoin, so we could use bitcoin anywhere. And it will make bitcoin stay alive and strong because many people use bitcoin for their needs. Also o if bitcoin experiencing mass adoption, it will be able to affect the price of bitcoin in future.
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November 20, 2016, 11:14:53 AM
 #191

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price
Definitely that would happen because bitcoin is driven by the demand of the people, if people will continue to trust it and new adopters will be coming in then the price will continue to increase and it's good for the investors like us.

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November 20, 2016, 11:27:31 AM
 #192

I'd say the huge price increase because the it will bring the attention of the mass medias and it will bring awareness.
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November 20, 2016, 11:30:48 AM
 #193

Definitely mass adoption is better, within mass adoption there will be price increase and within mass adoption the price wont be going down because the more people use bitcoin the more demand of the coin and the more valuable will bitcoin be, and i would love to see bitcoin adaption in everywhere
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November 20, 2016, 11:31:01 AM
 #194

Mass adoption is far better, mass adoption is going to expose Bitcoin to large number of people and this will also increase the demand for Bitcoin that has limited supply, a simple law of economics is going to set in, this will bring about huge price increase and the good thing is that, there will be large number of people  to support the price and prevent crash of the price  


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November 20, 2016, 11:37:54 AM
 #195

I will add more thought into this, as I realize if Bitcoin had mass adoption it will be good for people who use Bitcoin to buy stuff also I know the price of it will follow but not as the huge price increase it will have. On the Investor's side it will be better if Bitcoin got a huge price increase as we can sell it in a more profitable way and we know demand will also pile up after.
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November 20, 2016, 11:39:09 AM
 #196

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
In my opinion huge price is the only way to attract more people to bitcoin.Low price won't attract anyone and people will instead invest in gold or eeal estate

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November 20, 2016, 12:00:59 PM
 #197

I think a mass adoption would be quite good; eventually the market my peak again and the price will increase so its killing two birds with one stone. A price increase would be nice but it should really be a significant one to compensation the mining process after the halving periods at least by multiplying by 2.

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November 20, 2016, 01:03:21 PM
 #198

For me, mass adoption is much better than just price increase. With mass adoption, it will be easier for bitcoin owners to spend their bitcoins. And it will also stabilize the price of bitcoin so we will not have to suffer too much price fluctuations..
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November 20, 2016, 01:28:14 PM
 #199

Both are important, as mass adoption would allow more demand for bitcoins which will automatically become the reason for higher prices, and if higher prices are there already, others might take a dip of their salaries into bitcoins to take advantage of trading its volatility.

I do agree with your statement and both  goes hand in hand in my opinion. As the law of supply and demand goes, more demand means high prices of bitcoin. We already know that bitcoin has a fixed number only in circulation.
actually both huge price increase and mass adoption have its relation,mass adoption will bring huge price increase and if that's the case,there no "which one is better" because choosing one of both means choosing both
even if huge price increases didn't mean mass adoption,people still getting interested by its price rising and see this as some sort of worthy investment

Yes!both are important!if mass adoptation happens, bitcoins will become more indemand, many business establishment will accept bitcoins, and i yhink bank will also adopt bitcoins. The price will surely increase like on law of demand and supply, once the demand increase, the price will increase. so it is really possible that the huge increase of amount of bitcoins will surely follow.
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November 20, 2016, 01:42:51 PM
 #200

Mass adoption is better for sure.
You want something to work? you need bigger market of sellers and buyers and users.
Short term demands are for speculation so it means nothing.
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November 20, 2016, 02:03:33 PM
 #201

I would prefer for mass adoption because when there will be too many users then it would become the  father of cryptocurrency and it will have maximum market capitalization, fortunately bitcoin has maximum market capitalization. So i prefer mass adoption.
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November 20, 2016, 02:26:42 PM
 #202

I would prefer for mass adoption because when there will be too many users then it would become the  father of cryptocurrency and it will have maximum market capitalization, fortunately bitcoin has maximum market capitalization. So i prefer mass adoption.

well yeah but mass adoption is not going to happen over night an it is actually a good thing because bitcoin is currently at its maximum capability to handle users and if a sudden surge of usage happens i don't think any of us are going to have a good time.

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November 20, 2016, 02:44:13 PM
 #203

I think both requires each other to happen however I don't think that will occur an mass adoption because a lot of people don't see the power of bitcoin.

The India example as good to show to the world how they can be safe from governments/banks.
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November 20, 2016, 02:55:03 PM
 #204

Every case of price increase without being backed by adoption is temporary bubble and won't last. We had example of something like that happening in 2013.
Please don't be stupid and expect price to skyrocket and stay high just because some whales decided to organize pumping fiesta. Adoption = organic price rise - there is no other way around.


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November 20, 2016, 03:28:34 PM
 #205

Mass adoption, because how would one buy or get a bitcoin if in the first place its price is too high? Also, with mass adoption, everything else follows: development, community, support, improvements and whatnot. Aside from those things we can ensure that the currency would really perform well and might somehow be used by majority of the people in the world.

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November 20, 2016, 04:35:13 PM
 #206

Mass adoption is better, but huge price inceases will apear on tv and newspapers, and more users will know about it. Mass adoption could later than news talk about a huge price increase of bitcoin.
I may think if the Indian cases have become a real example for this topic. Massive adoption it hasn't meant will sue to increase the size.
And the massive adoption has become the first stand for the price increase. 
Yeah that's a classic example but at the same time I think if both can be done somehow I mean a price increase and a mass adoption then it would work best because people will have bitcoins and the price increases so all those who have bitcoins will love it. While if it is just a mass adoption then the price increase will be temporary, even like in case in India.

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November 20, 2016, 04:52:24 PM
 #207

Mass adoption is just a dream however huge price increase is something that bitcoin can conquer, remember that this coin worth few cents and now worth almost $1000 so sky's the limit for the price. About the adoption, I have my doubts about where we can go.
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November 20, 2016, 04:59:47 PM
 #208

Mass adoption is just a dream however huge price increase is something that bitcoin can conquer, remember that this coin worth few cents and now worth almost $1000 so sky's the limit for the price. About the adoption, I have my doubts about where we can go.

Mass adoption is the only way for bitcoin to touch the sky, without adoption bitcoin cannot go ahead but it will just keep rolling around like this, today it grows $30 higher and tomorrow it drops that amount again, so that wont make us reach higher if there is no adoption at all.
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November 20, 2016, 05:17:15 PM
 #209

Mass adoption is just a dream however huge price increase is something that bitcoin can conquer, remember that this coin worth few cents and now worth almost $1000 so sky's the limit for the price. About the adoption, I have my doubts about where we can go.

Mass adoption is the only way for bitcoin to touch the sky, without adoption bitcoin cannot go ahead but it will just keep rolling around like this, today it grows $30 higher and tomorrow it drops that amount again, so that wont make us reach higher if there is no adoption at all.

Actually mass adoption and higher prices are inter related, we cannot expect higher price of bitcoin unless there is no huge adoption and acceptance from the people worldwide, if more people starts using bitcoins then it will surely take price of bitcoins to new heights.
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November 20, 2016, 05:26:03 PM
 #210

That's obviously mass adoption, because that will then lead to the huge price increase. What's even better is that it will happen thought the course of the years.
Yeah mass adoption is much better but at the same time a price increase mass work as a catalyst because people will have bitcoins and being new they would always like to see the price go up and if at that time a little increase in price is done then really people will buy much more and save for much higher price.
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November 20, 2016, 05:36:18 PM
 #211

Mass adoption is just a dream however huge price increase is something that bitcoin can conquer, remember that this coin worth few cents and now worth almost $1000 so sky's the limit for the price. About the adoption, I have my doubts about where we can go.
Mass adoption does not mean everybody has to be involved, a great percentage of it is all that would be necessary. Already we are seeing increase in the number of users and market capitalization has been quite progressive, those are steps in the direction of mass adoption.

Huge price increase is a function of mass adoption and the value of any coin depends on its user base, which can be seen as its acceptability. Without good enough user base - buyers and sellers, huge price may never happen and if it does, it would be transient, because there would be no basis to hold it out up there. That bitcoin have risen from few cents to hundreds of dollars is all because there is increase in the number of people demanding it.
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November 20, 2016, 05:53:08 PM
 #212

I voted for "Huge price increase". If Bitcoin exchange rates shoot up to $10,000 per coin or $100,000 per coin, then it will attract a lot of attention. A lot of institutional investors will flock to purchase Bitcoin, and in the end the user-base will also expand. 

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November 20, 2016, 06:02:09 PM
 #213

I would like huge price increase, that is from my personal point of view. But for mass adoption that is actualy not good because very high price is not available to wider population. If we want Bitcoin to be spread all around the world then probably mass adoption is the solution.

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November 20, 2016, 06:12:32 PM
 #214

I voted for "Huge price increase". If Bitcoin exchange rates shoot up to $10,000 per coin or $100,000 per coin, then it will attract a lot of attention. A lot of institutional investors will flock to purchase Bitcoin, and in the end the user-base will also expand. 
But honestly it is impossible to happen in bitcoin so i voted to mass adoption since this is the only way that can more people knows about bitcoin. more stores are accepting can attract people to use bitcoin to buy online shopping.. or other activity that can use for bitcoin.. not only for buying something online..

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November 20, 2016, 06:45:08 PM
 #215

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

both are good but i think it should be obvious that mass adoption comes with a lot more benefits that one of them is a huge price increase in its future. so in other words you hit two birds with one stone if we can see mass adoption first.
I would prefer huge price increase because see if there is a price increase then there will be a craze among people to buy bitcoins because see when bitcoins price got from 100$ to 1000$ back in years then you see the users increased much more, so just a price increase can do it again !
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November 20, 2016, 08:25:19 PM
 #216

I would prefer for mass adoption because when there will be too many users then it would become the  father of cryptocurrency and it will have maximum market capitalization, fortunately bitcoin has maximum market capitalization. So i prefer mass adoption.
yes that is a fact that if the number of bitcoin users will increase bitcoin will become more and more strong and so people will put their confidence on bitcoin, therefore me mass adoption is too much important as compare to price increase.

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November 20, 2016, 09:02:05 PM
 #217

i vote for mass adoption and thats exactly every bitcoiner is wating for. wevhave already encountered many price infreasions but when bitcoin will havd huge popularity then itvwill grow the trading ground and other services

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November 21, 2016, 04:58:48 AM
 #218

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

A huge price increase will only make people sell everything they have and walk away (at least most of them will) so I'd say having Mass adoption is much better (and which will eventually lead into a stable price increase)
yes that is a fact that that is the reason that mass adoption is more good that the huge price increase, if the price of bitcoin can go high it can in turn come back in no time. but if the number of bitcoin increase then they will surely give support to bitcoin and will not let it fell down.
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November 21, 2016, 05:11:49 AM
 #219

I am very glad to see that majority (around 80%+) have voted for the mass adoption and I have the same opinion.
Price increase may not bring the sustainability on the bitcoin or even the things which are required for an ideal payment system whereas mass adoption will prove beneficial in long term with one or many ways and it will help in transforming the way we use to transact on day to day basis. Mass adoption will keep malpractices away and also build a concrete base for the payment structure of future.
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November 21, 2016, 05:16:57 AM
 #220

Increase in price will let peoples to sell their bitcoin. But mass adoption tends more peoples to buy and use bitcoin for their daily needs
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November 21, 2016, 05:29:36 AM
 #221

Of course bitcoin require mass adoption in the future. Because if bitcoin get mass adoption will make bitcoin network is expanded. I believe the mass adoption will certainly make the market bitcoin more active, and it will make the price to be increased and continues to improve.
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November 21, 2016, 05:42:15 AM
 #222

Increase in price will let peoples to sell their bitcoin. But mass adoption tends more peoples to buy and use bitcoin for their daily needs

Mass adoption is much much important compared to price increase... Price would slowly rise due to users, but if the price rises and yet the community is small, for sure there is a manipulation and the price is under the control of few traders/holders only... The more we are in the bitcoin world, the lesser the pump and dumps could happen since bitcoin is in the hands of many...  Smiley
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November 21, 2016, 05:58:59 AM
 #223

I prefer only mass adoption never where there will be mass adoption then only there will be price hike nectar more user will result in more demand which will definitely case huge crisis and definitely price will go up.
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November 21, 2016, 10:52:16 AM
 #224

Mass adoption is better, but huge price inceases will apear on tv and newspapers, and more users will know about it. Mass adoption could later than news talk about a huge price increase of bitcoin.
A huge price increase is nothing as compared to mass adoption because you see if there is a demand for bitcoins the price will go up and up only. And that increase will be permanent too because users never gonna sell their bitcoins knowing the price can increase homogeneously anytime. Mass adoption will lead to main stream adoption of bitcoin system.
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November 21, 2016, 11:22:25 AM
 #225

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

I think both when mass adaption happens the demand is high that i will be beneficial for the people and it will lead to price increase due to the demand of use the users needed. I rally think whaterver happen bitcoin will still in trend because it is much profitable than real life jobs.

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November 21, 2016, 11:37:34 AM
 #226

Ill vote for mass adoption, where there is mass adoption there is huge
price increase. So there is also a need of demands of supply. Ill think
these are relevant in the better future of bitcoin.
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November 22, 2016, 07:44:41 AM
 #227

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

I think both when mass adaption happens the demand is high that i will be beneficial for the people and it will lead to price increase due to the demand of use the users needed. I rally think whaterver happen bitcoin will still in trend because it is much profitable than real life jobs.

Yeah it needs to have mass adoption for bitcoin. In my opinion, bitcoin should be accepted by many people so that it's demand would increase and so as it's price will rise. If many would adopt bitcoin, the time of it's legalization will likely to be near. We should consider the standing of bitcoin in the future than to wish a huge price increase because this will only be temporary. While if we choose a mass adoption, then we can assure bitcoin's future stability.
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November 22, 2016, 08:18:51 AM
 #228

Mass adoption is just a dream however huge price increase is something that bitcoin can conquer, remember that this coin worth few cents and now worth almost $1000 so sky's the limit for the price. About the adoption, I have my doubts about where we can go.

Your high price will not last without mass adoption. Mass adoption may not happen overnight but it is not impossible. A few years ago bitcoin is nothing, noted as a scam. But now, major companies are taking notice of bitcoin. That is huge development and mass adoption is not far to follow.
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November 22, 2016, 08:41:29 AM
 #229

I went with mass adoption as well.
I think we'd see more benifits with mass adoption as compared with massive price increase which could easily come and go because of instability.

Mass adoption :

1. Greater accesibility/ Ease of access
2. More shops, more options, wider selection of products we could buy
3. Better support and protection for players in casino sites as there'll be more competitive competition.
4. Price increase   Grin

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November 22, 2016, 10:34:46 AM
 #230

I voted for price increase but it isn't really good for bitcoin. It is rather good for bitcoiners. And yet I disagree that mass adoption is good for bitcoin, because thus it would have to face many problems connected with its legal status and contradiction between btc ideology and state of affairs with it.

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November 22, 2016, 10:41:31 AM
 #231

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
I think if just one thing happens, other will follow.Huge adoption will lead to price rise and price rise will attract more people to bitcoin
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November 22, 2016, 10:43:26 AM
 #232

I voted for price increase but it isn't really good for bitcoin. It is rather good for bitcoiners. And yet I disagree that mass adoption is good for bitcoin, because thus it would have to face many problems connected with its legal status and contradiction between btc ideology and state of affairs with it.

Well as far as the government regulations is concerned, really expect a regulation in bitcoin once it will turned out to be the most used currency worldwide. With the status of bitcoin like that, we can see that mass adoption really happened if ever that time will come.

Price increase is due to Demands (Bulls = Buy) .The effect in bitcoin price due to mass adoption depends on how people will use treat their bitcoin whether for investment or currency

If in such cases that a bitcoiner will use their bitcoin just like a normal currency, there will be a dumping session regularly which will result for a stable* price.

*if ever majority of btc users will act like that


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November 22, 2016, 12:31:24 PM
 #233

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
I think if just one thing happens, other will follow.Huge adoption will lead to price rise and price rise will attract more people to bitcoin
Yes, mass adoption or huge price increase both are good for bitcoin future. I agree with your statement above. Mass adoption and huge price increase are influence each other. No matter which one it started with,  bitcoin future is good.  I litle bit worry if bitcoin get mass adoption but the most of bitcoin users are only hold their bitcoin, its not good. Although deflation of bitcoin is good but if bitcoin amount can not fulfil people necessary, people will looking for another alternative. I hope circulation of bitcoin is get better.

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November 22, 2016, 12:36:19 PM
 #234

I don't wish to see Bitcoin going over 5000 USD per coin or so. This is because I would like to see Bitcoin (or maybe another cryptocurrency) to take over traditional fiat currency when this technology become more mature. If Bitcoin price is very high, I really doubts it will have mass adoption and hence becoming only an investment for rich people and big corporate.

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November 22, 2016, 12:58:58 PM
Last edit: November 22, 2016, 01:57:37 PM by hv_
 #235

I don't wish to see Bitcoin going over 5000 USD per coin or so. This is because I would like to see Bitcoin (or maybe another cryptocurrency) to take over traditional fiat currency when this technology become more mature. If Bitcoin price is very high, I really doubts it will have mass adoption and hence becoming only an investment for rich people and big corporate.

Hu ?  Sth llike 10 Satoshi = 1 Cent  works fine and would fit for any scenario...

TXS fees are the major issue against mass adoption

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November 24, 2016, 01:04:02 PM
 #236

In my opinion 2017 will be the year of Bitcoin... Its getting another momentum... fresh money is flowing... there is no Mass adoption but at least there is adoption at all... i would expect new ATH in 2017...
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November 24, 2016, 01:38:49 PM
 #237

At 2017 there is a big speculation about megaupload new project, that as Kim said it will make bitcoin reach another levels, something looks we arent able to make at the moment. With new people inside bitcoin and fresh money we can see a bigger price at bitcoin, but for crypto world, not only bitcoin, its better mass adoption.
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November 24, 2016, 03:16:37 PM
 #238

I am very glad to see that majority (around 80%+) have voted for the mass adoption and I have the same opinion.
Price increase may not bring the sustainability on the bitcoin or even the things which are required for an ideal payment system whereas mass adoption will prove beneficial in long term with one or many ways and it will help in transforming the way we use to transact on day to day basis. Mass adoption will keep malpractices away and also build a concrete base for the payment structure of future.
Actually price increase will just give some new investors a quick reminder, because they say invest when its going up. But mass adoption will bring a permanent or I should say unmatched change in the price and once mass adopted it would increase in the amount of users using it and hence the price will keep rising, while if only a price increase is done, it will increase and then decrease gradually.
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November 24, 2016, 03:50:53 PM
 #239

At 2017 there is a big speculation about megaupload new project, that as Kim said it will make bitcoin reach another levels, something looks we arent able to make at the moment. With new people inside bitcoin and fresh money we can see a bigger price at bitcoin, but for crypto world, not only bitcoin, its better mass adoption.

I thought megaupload was banned? Are they going to revive it or is it just there is some website that they are using which I dont know.

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November 24, 2016, 04:11:57 PM
 #240

They must coexist simultaneously both. The massive acceptance without a good rate will not be attractive to investors. On the other hand, if the price is too high will not be adopted by many people So a trade-off between them is a preferable situation
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November 24, 2016, 04:22:39 PM
 #241

Well,adoption wins by a big margin,if many people will adopt Bitcoin ,of course demand will become higher and because of the limited supply,the price will definitely increase,demand and supply plays a big factor.

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November 24, 2016, 06:11:29 PM
 #242

Increase in price will let peoples to sell their bitcoin. But mass adoption tends more peoples to buy and use bitcoin for their daily needs
Well, how would you know that the increase in price is due to mass adoption or a price increase itself ?
See sellers will always sell the bitcoins and we cannot convince them much to hold but there would be a lot of buyers too because we all know when bitcoins price increase, it ends huge usually and hence a lot of people buy it.
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November 24, 2016, 06:46:21 PM
 #243

Yeah i will also vote in mas adoption we need adoption for bitcoin so that more people can be invest in bitcoin or buy bitcoin if they seen that many adoption are happen in bitcoin .

Yes i agree with the mass adoptation. If people already recognize bitcoins as a money, and if many merchants will accept bitcoins, the demand will become more higher. The price will increase more because of high demand. I think once that bitcoins adopt by many people and use it for thier daily lives, sooner bitcoins will become international digital currency. Sounds great right? I hope this will happen soon.
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November 24, 2016, 06:57:27 PM
 #244

I would love for mass bitcoin adaption in the future because as for right now there are not many places that we can spend our bitcoin on ,our only option is to find a way to sell our bitcoin for not its current price otherwise it is impossible , the idea of being able to go into a local market get all you want and then pay with your bitcoin wallet opens up a lot of possibilities for both seller and buyer, so i really hope for something like that to happen
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November 24, 2016, 07:23:06 PM
 #245

Mass adoption would be the normal future for bitcoin. Probably before that bitcoin will reach the huge price and exactly that will awake the big interest and make bitcoin more popular. And all that will lead bitcoin to mass adoption and that will make the price for bitcoin not so high and more fixed than today.
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November 25, 2016, 04:11:34 AM
 #246

well both will happen as mass adoption = price increase as my people using more coin will nee to be made and so pushing up price and with price increase then all the world will want to get into bitcoins if a lot people are making money from it.

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November 25, 2016, 04:13:38 AM
 #247

I am very glad to see that majority (around 80%+) have voted for the mass adoption and I have the same opinion.
Price increase may not bring the sustainability on the bitcoin or even the things which are required for an ideal payment system whereas mass adoption will prove beneficial in long term with one or many ways and it will help in transforming the way we use to transact on day to day basis. Mass adoption will keep malpractices away and also build a concrete base for the payment structure of future.
Actually price increase will just give some new investors a quick reminder, because they say invest when its going up. But mass adoption will bring a permanent or I should say unmatched change in the price and once mass adopted it would increase in the amount of users using it and hence the price will keep rising, while if only a price increase is done, it will increase and then decrease gradually.

Exactly, price increase and decrease actually causes negative impact on the goodwill of bitcoin. It makes people reminder of pump and dump schemes that we do see every day on various exchanges. Mass adoption is something like contribution of people’s efforts so that means bitcoin not only needs people’s investment but also their time and efforts to build this technology.
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November 25, 2016, 04:45:47 AM
 #248

Well that is a critical question. Both is having their own benefits. If mass adoption happens, then bitcoin price will eventually increase and reach to the intended target. However, if only price increase happens, then mass adoption may not happen.

So mass adoption is the better way for bitcoin in a holistic manner. People will come to know about bitcoin, as well as enjoy the price benefits simultaneously. So it is a win-win situation.

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November 25, 2016, 07:11:49 AM
 #249

They must coexist simultaneously both. The massive acceptance without a good rate will not be attractive to investors. On the other hand, if the price is too high will not be adopted by many people So a trade-off between them is a preferable situation

I think if there is a massive adoption, even if the price is not that great yet, it will be profitable to merchandisers and the users. Huge price will surely follow afterwards because of the value generated from merchandisers and users transactions. Huge price is great but it will not give you an assurance that mass adoption will follow if price is really high.
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November 25, 2016, 04:08:02 PM
 #250

Ridiculous question. Mass adoption can't happen because Bitcoin isn't even close to ready for it.

The price of Bitcoin isn't a metric showing the success of Bitcoin. The price of Bitcoin only shows how many day traders and crooked exchanges are fucking with the price for their own profit. The price could crash down to nothing tomorrow and no one could do anything. All the devs in the world in concert with the combined resources of the US government cyber unit and Microsoft couldn't do anything to stop shady profiteers from screwing with the price. One of the great benefits of Bitcoin is that no single entity is actually in complete control and one of the great flaws of Bitcoin is that no single entity is actually in complete control.

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November 25, 2016, 04:10:50 PM
 #251

I think in a way they are interlinked. if there is mass adoption there would be huge increase in price
well but it's not necessary to increase in price, some time price goes down

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November 25, 2016, 04:55:20 PM
 #252

Yeah i will also vote in mas adoption we need adoption for bitcoin so that more people can be invest in bitcoin or buy bitcoin if they seen that many adoption are happen in bitcoin .

Yes i agree with the mass adoptation. If people already recognize bitcoins as a money, and if many merchants will accept bitcoins, the demand will become more higher. The price will increase more because of high demand. I think once that bitcoins adopt by many people and use it for thier daily lives, sooner bitcoins will become international digital currency. Sounds great right? I hope this will happen soon.
yes i also agree with you in fact mass adoption is permanent while increase in price is something temporary, as we can see that the price of bitcoin can fell down any time, while if a person is accepting bitcoin and he become facilitate by it so he will never like to stop bitcoin using any more so it is permanent, therefore mass adoption is more better than price increase.

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November 25, 2016, 05:48:56 PM
 #253

Both mass adoption as well as price pump come together so basically there is nothing to choose between which is good. However it is true that price increase without mass adoption can't remain for longer time and that can actually cause massive price dump which is bad for adoption in future.
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November 25, 2016, 06:31:30 PM
 #254

Of course bitcoin require mass adoption in the future. Because if bitcoin get mass adoption will make bitcoin network is expanded. I believe the mass adoption will certainly make the market bitcoin more active, and it will make the price to be increased and continues to improve.
I am sorry but I beg to differ because I think mass adoption will make the market much much more flexible and the price would change from 900$ to 2000$ in a day and the opposite too which I personally don't like. But that been said I also want that the price increase and we all will make profits from that.

Moreover huge price increase without mass adoption will not sustain. It will fall for sure, this what happened by the end of 2013.
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November 25, 2016, 06:48:32 PM
 #255

Obviously, the answer is Mass adoption. Even if the 25% of the world's population starts using Bitcoins then it will be already a huge success.  Smiley

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November 25, 2016, 07:59:25 PM
 #256

I voted for "Huge price increase". If Bitcoin exchange rates shoot up to $10,000 per coin or $100,000 per coin, then it will attract a lot of attention. A lot of institutional investors will flock to purchase Bitcoin, and in the end the user-base will also expand. 
When you place the cart before the horse, you will no doubt have some movement too, only it won't be the movement you desired. Same way the price of bitcoin would be hard to plummet to $10,000 or so, when only few people are interested in it. Investors are like butterfly, they follow the flowers. Liquidity is a major determinant of what knowledgeable investors would see firsthand, before they are willing to commit their money as they understand that liquidity is a function of mass adoption.
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November 25, 2016, 08:42:18 PM
 #257

Mass adoption will be better, I don't see how we could have mass adoption without a price increase but lets suppose it does not happen, with mass adoption we could finally buy in almost any store in the Internet and even n brick and mortar shops that will be a game changer, we could talk about bitcoin to people without seeming crazy talking about a cryptocurrency.

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November 25, 2016, 09:12:36 PM
 #258

A huge price increase because this will drive attention and a lot of people will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow.So a price increase I think will be the better option but either of them to happen will be great for BTC.It's hard to tell which will be first but I guess we just have to predict for now

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November 26, 2016, 05:22:57 PM
 #259

A huge price increase because this will drive attention and a lot of people will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow.So a price increase I think will be the better option but either of them to happen will be great for BTC.It's hard to tell which will be first but I guess we just have to predict for now
A price increase will bring new people to bitcoin but I think we need more long term users of bitcoin rather than more traders and speculators trying to profit from bitcoin.

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November 26, 2016, 06:59:52 PM
 #260

A huge price increase because this will drive attention and a lot of people will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow.So a price increase I think will be the better option but either of them to happen will be great for BTC.It's hard to tell which will be first but I guess we just have to predict for now
A price increase will bring new people to bitcoin but I think we need more long term users of bitcoin rather than more traders and speculators trying to profit from bitcoin.

People are being attracted by the volatile nature of Bitcoin. In that matter, as long as the level of volatility stays the same, people will continue to get attracted, but also continue to stay in Bitcoin as they see it as a more than profitable investment option. Bitcoin needs the liquidity in form of fresh incoming money. That will help in getting the price to go up for the long term. Without fresh incoming money the price will slowly start to go down more and more. No one wants to see that happen.
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November 26, 2016, 07:16:28 PM
 #261

A huge price increase because this will drive attention and a lot of people will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow.So a price increase I think will be the better option but either of them to happen will be great for BTC.It's hard to tell which will be first but I guess we just have to predict for now
A price increase will bring new people to bitcoin but I think we need more long term users of bitcoin rather than more traders and speculators trying to profit from bitcoin.
The ecosystem can not go forward without some of these elements, but I agree that more users using and promoting the currency helps to add more value to Bitcoin. With more users, there is a market with more liquidity, which makes investors more confident in the future of Bitcoin. In addition to bringing more stability to the currency in the market, this may help the price in the long run.
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November 27, 2016, 01:38:06 AM
 #262

A huge price increase because this will drive attention and a lot of people speculators will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow speculative bubbles.
A price increase will bring new people speculators to bitcoin but I think we need more long term users of bitcoin rather than more traders and speculators trying to profit from bitcoin.
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November 27, 2016, 05:37:33 AM
 #263

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
huge price increase because i think miner use bitcoin because the price , if in future huge price increase so users will increase
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November 27, 2016, 06:17:59 AM
 #264

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
huge price increase because i think miner use bitcoin because the price , if in future huge price increase so users will increase
You don't read it right,  the price increase because of the increasing users which created the demand and because of the investors who hold which lessen the supply and increases the price.

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November 27, 2016, 09:51:11 AM
 #265

Mass adoption. A huge price increase wouldn't ensure the stability and longevity of Bitcoin. Without the main population adopting it, Bitcoin will not have any use in the future. A price increase would just make the investor happy, not those who want Bitcoin to grow.

Adoption does lead to a price increase, just like how the price increased when China entered Bitcoin.

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RobFre
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November 27, 2016, 10:22:26 AM
 #266

A mass adoption would lead to more people buying and using bitcoins and so the price would go up, so I voted for it  Cheesy
However I think that it is also possible that if the price skyrocketed a lot more people would see in the Bitcoin a good investment and start to use it.
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November 27, 2016, 11:48:46 AM
 #267

Mass adoption will always lead to some percentage of long time hodling and thus decrease the free float thus increase the price.

The next wave might come in India and / or Africa and you might extend this price channel here:

https://bitcointalk.org/index.php?topic=178336.msg16997781#msg16997781

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November 27, 2016, 12:02:01 PM
 #268

A mass adoption would lead to more people buying and using bitcoins and so the price would go up, so I voted for it  Cheesy
However I think that it is also possible that if the price skyrocketed a lot more people would see in the Bitcoin a good investment and start to use it.
But if many people wants to have Bitcoin would it be bad for people like us? Because if there is demand we certainly know that criminals want a piece of our Bitcoin. As much as possible we just need Bitcoin to have a price increase and a certain amount of users too keep us away from criminals. A good example is Gold many criminals want gold they even destroy a whole environment for its pieces. Wouldn't it be bad for the Bitcoin community if we have the same problem as Gold?
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November 27, 2016, 12:09:40 PM
 #269

Mass adoption would be the clear path to a better price. Price spikes happen all the time and die down due to no real demand from traders and users of bitcoin, but mass adoption will raise price as more people want bitcoin and trade USD and other currencies into it to get Bitcoin. HODLing will also be on the rise if something like this happens, decreasing free supply, and eventually raising price. Of course this is mainly based on opinion, but a more stable price increase is always welcomed more than a quick up and down spike.
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November 27, 2016, 12:16:39 PM
 #270

In my opinion it is better for the future of Bitcoin if we will have a mass adoption. Because the more people who used Bitcoin the more Bitcoin will be bought and sold.Having Huge increase of price will result few interested people only we will have lots of supply but the demand will not that huge because of few people wanting bitcoin.
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November 27, 2016, 12:26:16 PM
 #271

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption





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November 27, 2016, 01:22:57 PM
 #272

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption
The bitcoin's price would increase as soon as bitcoin is accepted globally, but i am afraid that confirmation time will be a huge problem for bitcoin as payment processor, ultimatelly people especially sellers prefer to use a faster payment method, imagine if you stand on line at supermarket and people pay with bitcoin, they still need to wait to confirm the transaction before they have what they want to buy. It will take much time waiting for confirmation.
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November 27, 2016, 01:59:15 PM
 #273

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption
The bitcoin's price would increase as soon as bitcoin is accepted globally, but i am afraid that confirmation time will be a huge problem for bitcoin as payment processor, ultimatelly people especially sellers prefer to use a faster payment method, imagine if you stand on line at supermarket and people pay with bitcoin, they still need to wait to confirm the transaction before they have what they want to buy. It will take much time waiting for confirmation.

Yeah, it could be a problem waiting confirmation while you are shopping, all this time I thought it doesn't really matter as you send bitcoin mean it a sent and irreversible, but it is not until the transaction confirmed. The founder and developers of bitcoin in collaboration with the miners aleady thinking about that and will resolve the problem, hopefully.
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November 27, 2016, 02:02:22 PM
 #274

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption
The bitcoin's price would increase as soon as bitcoin is accepted globally, but i am afraid that confirmation time will be a huge problem for bitcoin as payment processor, ultimatelly people especially sellers prefer to use a faster payment method, imagine if you stand on line at supermarket and people pay with bitcoin, they still need to wait to confirm the transaction before they have what they want to buy. It will take much time waiting for confirmation.

Yeah, it could be a problem waiting confirmation while you are shopping, all this time I thought it doesn't really matter as you send bitcoin mean it a sent and irreversible, but it is not until the transaction confirmed. The founder and developers of bitcoin in collaboration with the miners aleady thinking about that and will resolve the problem, hopefully.

Everything is something quite serious problem if indeed all transactions require 1 confirmation in order to be processed, but if it's not necessary then it wouldn't be a problem. However all people sometimes do some mistakes that can make the confirmation level is quite low, so that all the things we do become delayed. And one of the things often do is make deals with fee low enough and did not meet the standards that have been set
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November 27, 2016, 02:07:26 PM
 #275

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption
The bitcoin's price would increase as soon as bitcoin is accepted globally, but i am afraid that confirmation time will be a huge problem for bitcoin as payment processor, ultimatelly people especially sellers prefer to use a faster payment method, imagine if you stand on line at supermarket and people pay with bitcoin, they still need to wait to confirm the transaction before they have what they want to buy. It will take much time waiting for confirmation.
This is the problem right now but you can increase the fee for your transaction to get faster transaction. or to increase the priority of your transaction..
I am experience this past few days and i think it can be the problem about the transaction and i hope that bitcoin transaction in the future will fix.



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.BIG WINNER!.
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November 27, 2016, 02:25:05 PM
 #276

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption

I agree but i think price increase helps bitcoins to be more popular, so once the increase continue, people will surely adopt bitcoins too. Like the billion coin, it has no exchanger yet but since its price ate getting higher and higher many people are now using it and the circulation of the coins goes continously. So i think mass adoptation was only 2nd option. its still the price that matters most.
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November 27, 2016, 02:30:32 PM
 #277

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption

So the basic thing that we or bitcoin needs is mass adoption because we know without adoption bitcoin would have nowhere to go and it will remain where it is right now, if it achieves mass adoption it would progress more and that would make the price go higher automatically.
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November 27, 2016, 02:33:17 PM
 #278

A huge price increase because this will drive attention and a lot of people will get in,also the trading will increase really much and after some time it will stabilize and then it will have room for even more grow.So a price increase I think will be the better option but either of them to happen will be great for BTC.It's hard to tell which will be first but I guess we just have to predict for now
A price increase will bring new people to bitcoin but I think we need more long term users of bitcoin rather than more traders and speculators trying to profit from bitcoin.

for that we are going to need new merchants accepting bitcoin as payment. without it there will only be speculators who are trying to make have bitcoin short term until they make profit and then sell and get out duping the price fast.

the mass adoption is what we want.

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November 27, 2016, 02:44:37 PM
 #279

I think that mass adoption is much better for the future of Bitcoin. High prices only are in the interests of investors and spectaculators. Mass adoption will be a step closer for Bitcoin being a more used and more accepted currency. The price of the Bitcoin is high now, but it does not change the option of Bitcoin being an accepzed currency.

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November 27, 2016, 02:47:06 PM
 #280

Mass adoption is the only thing that will lead to a huge price increase.
There is a reason price is sideways recently.
We need more users, and more services that accept Bitcoin.

You are never going to see the $5000 BTC that some people dream about until some company like Amazon, iTunes starts accepting Bitcoin,
and we get millions of new users.

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November 27, 2016, 03:05:50 PM
 #281

Mass adoption is the only thing that will lead to a huge price increase.
There is a reason price is sideways recently.
We need more users, and more services that accept Bitcoin.

You are never going to see the $5000 BTC that some people dream about until some company like Amazon, iTunes starts accepting Bitcoin,
and we get millions of new users.

Wrong, if by adoption you mean the usual definition of people using it daily to buy and sell stuff. Gold is not used for anything other than storing it and gold is worth trillions. Just a safe haven, if an asset is good it can have an huge marketcap. Therefore all it takes is whales moving their wealth in bitcoin to see a big price increase.
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November 27, 2016, 03:20:03 PM
 #282

Mass adoption is the only thing that will lead to a huge price increase.
There is a reason price is sideways recently.
We need more users, and more services that accept Bitcoin.

You are never going to see the $5000 BTC that some people dream about until some company like Amazon, iTunes starts accepting Bitcoin,
and we get millions of new users.

Wrong, if by adoption you mean the usual definition of people using it daily to buy and sell stuff. Gold is not used for anything other than storing it and gold is worth trillions. Just a safe haven, if an asset is good it can have an huge marketcap. Therefore all it takes is whales moving their wealth in bitcoin to see a big price increase.

Well i think adoption does not necessary means using it daily to buy stuff, instead, adoption simply means acceptance to follow may it be idea or method.  People and government accepted and established the idea of gold being priced like that , so gold is priced like that and bitcoin is no exemption.

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November 27, 2016, 03:27:51 PM
 #283

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

If both of them can be combined then this is the ideal scenario. But I think that mass adoption is better because we can spend our bitcoins better and on many places.

Also there is also a benefit because I see many threads here that people can't buy bitcoins because of some restrictions and some issue which could be escaped if bitcoin is more popular.
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November 27, 2016, 03:49:14 PM
 #284

For me its mass adoption, because that amount of people using Bitcoin will make the price going high.

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November 27, 2016, 05:38:00 PM
 #285

Mass adoption is extremely important to Bitcoin. Right now, Bitcoin has not asserted it position in people eye's yet because there is still a majority of the people who do not care about bitcoin. In about 10 or 20 years later, I hope that more people are willing to learn and to understand the Bitcoin as well as all of its benefits. If that truly happens, Bitcoin will soon be an international currency and the increasing of the Bitcoin price will be an obvious result for this mass adoption
The bitcoin's price would increase as soon as bitcoin is accepted globally, but i am afraid that confirmation time will be a huge problem for bitcoin as payment processor, ultimatelly people especially sellers prefer to use a faster payment method, imagine if you stand on line at supermarket and people pay with bitcoin, they still need to wait to confirm the transaction before they have what they want to buy. It will take much time waiting for confirmation.
In my opinion confirmation times is one of the greatest and current problem with the bitcoin network, but if more people adopted bitcoin, I think more investors would get interested in setting up mining rigs and that could help alleviate the problem for some time.

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November 29, 2016, 10:03:08 AM
 #286

For me its mass adoption, because that amount of people using Bitcoin will make the price going high.
Yes I agree,  and also mass adoption will make more merchant accept bitcoin as the payment system. It will make customer more comfortable for using bitcoin.


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November 29, 2016, 10:26:40 AM
 #287

Mass adoption.

A huge price increase with the same size userbase as the one we have today will lead to serious overpricing. If there were a mass adoption of Bitcoin worldwide, naturally, there would be a significant price increase.

These both will come with time.

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November 29, 2016, 12:43:19 PM
 #288

One will likely lead to another, but I think the price increase is more important for us before the mass adoption because people will see Bitcoin all over the news again, and this will lead to mass adoption too! Price increase convinced me to get into the Bitcoin business too, three years ago.
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November 30, 2016, 08:32:31 AM
 #289

I think it needs bitcoin is mass adoption. Because it will make bitcoin known to more people so that bitcoin has an extensive network.
I believe the mass adoption will help the bitcoin prices rise because many use bitcoin so could trigger a price increase bitcoin.
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November 30, 2016, 08:45:59 AM
 #290

I think it needs bitcoin is mass adoption. Because it will make bitcoin known to more people so that bitcoin has an extensive network.
I believe the mass adoption will help the bitcoin prices rise because many use bitcoin so could trigger a price increase bitcoin.

I believe both are equally needed, because most of the users here get into bitcoin just upon experiencing the high price of the bitcoin which no other digital currency or traditional currency has got. At the same only with the mass adoption its possible to make people have more trust as well realize the potential of bitcoin which is the important factor for growth.

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November 30, 2016, 09:10:42 AM
 #291

A hundred per cent mass adoption, complemented by gradual release of hoarded bitcoins into the market. Price should really not matter if bitcoin never needed to be converted to fiat.

Example in a closed economy, a currency can always be worth 1 loaf of bread no matter how the outside world values that currency.

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December 02, 2016, 07:19:07 AM
 #292

Of course bitcoin require mass adoption in the future. Because if bitcoin get mass adoption will make bitcoin network is expanded. I believe the mass adoption will certainly make the market bitcoin more active, and it will make the price to be increased and continues to improve.
I am sorry but I beg to differ because I think mass adoption will make the market much much more flexible and the price would change from 900$ to 2000$ in a day and the opposite too which I personally don't like. But that been said I also want that the price increase and we all will make profits from that.

Moreover huge price increase without mass adoption will not sustain. It will fall for sure, this what happened by the end of 2013.
Yes no problem because it is your opinion. I still choose to mass adoption because I think a decent bitcoin known by many people. Additionally, it will make a bitcoin prices rise, it would also make bitcoin has an extensive network. But the constraints of mass adoption is the government, because many governments do not agree bitcoin so that the obstacle to get mass adoption. If I may know why you do not like the price of bitcoin becomes more flexible and the price will change much as you exemplify $ 900 to $ 2,000?
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December 02, 2016, 08:38:11 AM
 #293

One will likely lead to another, but I think the price increase is more important for us before the mass adoption because people will see Bitcoin all over the news again, and this will lead to mass adoption too! Price increase convinced me to get into the Bitcoin business too, three years ago.
I think the increase in price without any reason can be a temporary increase, wherease if people are entering in bitcoin world and adopting bitcoin and this will increase the demand of bitcon and the price will automatically incrase, so to me mass adoption is more important for stable price increase because simple price increase may get dumped just after that.
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December 02, 2016, 08:45:56 AM
 #294

A hundred per cent mass adoption, complemented by gradual release of hoarded bitcoins into the market. Price should really not matter if bitcoin never needed to be converted to fiat.

Example in a closed economy, a currency can always be worth 1 loaf of bread no matter how the outside world values that currency.
The problem with more people using Bitcoin is that not all of them has good intention with it. Meaning that some of them might have interest in stealing our hard earn Bitcoin for their own benefit. I am just saying facts everything can now be stolen even collectible trading cards with value. Imagine a world that many people wants Bitcoin ,instantly bad people will follow too.
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December 02, 2016, 09:03:29 AM
 #295

One will likely lead to another, but I think the price increase is more important for us before the mass adoption because people will see Bitcoin all over the news again, and this will lead to mass adoption too! Price increase convinced me to get into the Bitcoin business too, three years ago.
I think the increase in price without any reason can be a temporary increase, wherease if people are entering in bitcoin world and adopting bitcoin and this will increase the demand of bitcon and the price will automatically incrase, so to me mass adoption is more important for stable price increase because simple price increase may get dumped just after that.

Due to this price value and demand only people are adopting bitcoin in their business or services. However I would say both are important to bitcoin. These both give high potential to bitcoins in upcoming years. Will wait watch which biggest MNC will adopt bitcoins in their business in future.
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December 02, 2016, 10:49:22 AM
 #296

A huge price increase will only make people sell everything they have and walk away (at least most of them will) so I'd say having Mass adoption is much better (and which will eventually lead into a stable price increase)
As much as such people want to consider themselves beyond average, or 'aware', they aren't either. Anyone who does this is not able to keep their own greed under control. Aside from speculators and traders, I still don't see the point of selling Bitcoin when you can use it. It is a currency after all.

also if we have a huge and stable price increase everybody will want to jump on the wagon.
I'm pretty sure that volatility isn't the primary turn-off, i.e. stability won't make "everyone jump on the wagon".

Yeah this is good idea but how we can start it and how we can get big company?
You can keep sending suggestive emails to the appropriate department of a company, asking them to introduce Bitcoin as a payment option.

A 'huge price increase' also known as a bubble, isn't specially beneficial for Bitcoin. We've already had a few of those in the past. User adoption is the key.

I too agree on the fact that mass adoption is the key to bitcoin's future value. Huge prices wont help, they will just someday come down in a big crash, but mass user adoption will be the key to increasing value of bitcoins in the future, as I think the more the users, the rise of value will be more stable.
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December 02, 2016, 02:20:12 PM
 #297

Anyone on them is good. Much better if both. Mass adoption and huge price increase both requires more people using bitcoin. The price won't drive up if there is no mass adoption while no huge price increase will happen if there is no mass adoption on bitcoin. So either of them must be achieved to make bitcoin better.
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December 02, 2016, 05:45:44 PM
 #298

Of course it's better to have mass adoption. Think about supply and demand. It's one of the most important thing in economics. It's the backbone of our economy. The more people who use bitcoin equals to more demand and since the bitcoin will only be 21 million coins, the price would probably go up also.

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January 03, 2017, 12:57:40 AM
 #299

Price is important, but this is a result of mass adoption. So, mass adoption is something that should come first.

Either way, the two things will always work together. It's not possible for the currency to rise in value without a user base, and it's not possible to have a user base without the currency value being recognized in the market.
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January 03, 2017, 01:07:34 AM
 #300

Mass adoption indeed. For it will continue with the price increase after many are already using it. If it is just the price increase like what is happening now but people still dont see it. There is a large percentage that it might go down in an instant. If there will be a lot of supporters it can easily be brought back to a better price.

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January 03, 2017, 01:19:35 AM
 #301

the price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases. with mass adoption demand will increase. Mass adoption is better for bitcoin future

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January 03, 2017, 01:26:26 AM
 #302

I guess mass adoption should comes first as what others said.  through mass adoption,  the demand will increase and he this happen them price increase follows right away.
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January 03, 2017, 01:37:03 AM
 #303

Yooge price increase.  I don't cair'e if 99% of the population adopt bitcoin.  It could stay in da hands o' gamblers and criminals fo' all I caire.  A bumpin' price all I need, but I thank y'all need the price increase BEFRO y'all git mass adoption.  How people gon' all share bitcoin when it only $1000.  They ain't 'nuff to go around, is there?  You all thank $12 billions is a big ass market cap?  Wail it ain't.  We need to git to a ZILLION DOLLAR market cap!
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January 03, 2017, 01:39:28 AM
 #304

I guess mass adoption should comes first as what others said.  through mass adoption,  the demand will increase and he this happen them price increase follows right away.

Precisely what I was going to say. Mass adoption 100%.
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January 03, 2017, 01:54:31 AM
 #305

Mass adoption is the better option. Even if bitcoin has a high price but if banks and countries launch their fiat currencies bitcoin will lose its value if it is not widely adopted. Mass adoption of bitcoin is the only way for bitcoin to survive the threat of the fiat virtual currency. Hope the bitcoin community will join hands to speed up the promotion of bitcoin so it will have a mass adoption as soon as possible.
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January 18, 2017, 12:09:52 AM
 #306

Mass adoption is the better option. Even if bitcoin has a high price but if banks and countries launch their fiat currencies bitcoin will lose its value if it is not widely adopted. Mass adoption of bitcoin is the only way for bitcoin to survive the threat of the fiat virtual currency. Hope the bitcoin community will join hands to speed up the promotion of bitcoin so it will have a mass adoption as soon as possible.
From what I see, one of the things could not exist without the other... but if I had to decide the most important factor, I would certainly also choose mass adoption, because the price depends on whether or not there is demand. Even if Bitcoin was undervalued for some time, if there was demand, at some point the market would have to find a balance, and the price would be adjusted.
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January 18, 2017, 09:28:05 AM
 #307

Mass adoption is the better option. Even if bitcoin has a high price but if banks and countries launch their fiat currencies bitcoin will lose its value if it is not widely adopted. Mass adoption of bitcoin is the only way for bitcoin to survive the threat of the fiat virtual currency. Hope the bitcoin community will join hands to speed up the promotion of bitcoin so it will have a mass adoption as soon as possible.
From what I see, one of the things could not exist without the other... but if I had to decide the most important factor, I would certainly also choose mass adoption, because the price depends on whether or not there is demand. Even if Bitcoin was undervalued for some time, if there was demand, at some point the market would have to find a balance, and the price would be adjusted.
The long run bitcoin works for who are working with it to make continously on its high mark.And who among will make it to stand for a long a time,its the people who are using it.It was a mass adoption that make it work,the higher the demand the higher the value.Come to think of it,if nobody use a certain thing then definitely it will not lasts that longer.

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January 18, 2017, 09:37:30 AM
 #308

If we only consider Increase in Price as success of Bitcoin then it is a kind of diluting the real mean of currency. It will be left a mere mean of investment. What we all as a member of Bitcoin community should try to promote Bitcoin as much as we can. Mass Adoption is directly related to Price Increase however inverse is not true.
So, Mass Adoption is much more needed than Price Increase. Price over last 8 years increased just because of more and more popularity and use of Bitcoin.
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January 19, 2017, 08:36:39 AM
 #309

both are important and both can be achieved at the same time
besides I think that price increase does more for the adoption and popularisation than anything
many of the newbies are introduced to bitcoins and crypta through freebies and faucets
even when it is pure marketing,like: "earn bitcoins here,it is 1000$ for a bitcoin,come and blah blah"
it is working to start people to get familiar with bitcoin,create a wallet and find ways how to sell them for real money etc. etc.

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January 19, 2017, 08:53:27 AM
 #310

Mass adoption along with continued increase is needed. This helps the price to sustain long without much volatility. Without adoption we cannot get an increased price so to get similar acceptance equal to other currencies that people use around the world for every purposes from purchase to investment.
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January 19, 2017, 09:21:54 AM
 #311

Mass adoption of bitcoin and a huge price increase in bitcoin are kind of the same thing.

You can't have one without the other.

 Smiley
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January 19, 2017, 09:42:11 AM
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Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
I will say only for the huge increase price . Because if we increase the price of the bitcoin then everyone will be attract toward bitcoin to make speed money profit .
But when if we adopt in huge mass then there will remain stability in the price that will result into no much attractive numbers of newbie to attract toward bitcoin .
And I think adoption of bitcoin will stop in 2-3 years after halving then the price of bitcoin will touch the sky day by day .

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Xester
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January 19, 2017, 12:38:05 PM
 #313

Mass adoption indeed. For it will continue with the price increase after many are already using it. If it is just the price increase like what is happening now but people still dont see it. There is a large percentage that it might go down in an instant. If there will be a lot of supporters it can easily be brought back to a better price.

Both is much better. We really need a huge price increase so we can attract more investors and make the mass adoption much faster. We need to make the mass adoption faster before the release of fiat virtual currency of the banks. If the banks have released their fiat digital currency and bitcoin is not yet widely adopted then it will be the end for bitcoin.
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January 19, 2017, 05:09:41 PM
 #314

the price of a bitcoin is determined by supply and demand. When demand for bitcoins increases, the price increases. with mass adoption demand will increase. Mass adoption is better for bitcoin future

Exactly. It all depends on the demand if where the price would go next. If there are more people willing to buy bitcoins then the price would ideally increase because there is just a limited amount of bitcoins in circulation, so it depends on the demand then probably mass adoption is the thing needed.
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January 19, 2017, 06:10:21 PM
 #315

I don't think that not a huge price increase will help anyone. So I guess that a mass adoption will help many people and maybe it will be a chaos in the first few days but after that things will go much better than now.
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January 19, 2017, 06:12:56 PM
 #316

My opinion is that the mass adoption is the more important.
The number of BTC is fixed, so the price will simply follow the mass adoption which is the key Wink
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January 19, 2017, 08:29:28 PM
 #317

I think huge price increase is better as if it was made mass there is a high chance it can turn into a currency and because of this the price can go down. I also think the reason that it should be hige price is because then it can be called as second gold or in other words better investment than gold.
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January 19, 2017, 08:32:17 PM
 #318

I believe that mass adoption is better for bitcoin.  It ensures support and steady incline of the price since there is fixed number of Bitcoin that will be circulated in the market.  More people means more demand.  Price increase without support will do more bad than good because when the support is exhausted, price will eventually go down.

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January 19, 2017, 11:49:23 PM
 #319

The price of bitcoin is a very important for us and if the bitcoin price will increase we will happy for that and so we cashout some of our bitcoin. Mass adoption also is need but not as much but not better cause its useless if you mean people who have authority I will that not mass adoption. So that for me the better is huge price increase cause all people now who use bitcoin waiting for an exciting huge price increase of bitcoin.

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January 20, 2017, 12:22:31 AM
 #320

The price of bitcoin is a very important for us and if the bitcoin price will increase we will happy for that and so we cashout some of our bitcoin. Mass adoption also is need but not as much but not better cause its useless if you mean people who have authority I will that not mass adoption. So that for me the better is huge price increase cause all people now who use bitcoin waiting for an exciting huge price increase of bitcoin.

I'm for both of them, but when the mass adoption happens then there are not enough coins (at the same price) to be spread to all these people so the price of bitcoin naturally will go increasing and by this bitcoin achieves the two things, high(er) price and mass adoption.
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January 20, 2017, 12:41:10 AM
 #321

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

For me Mass adoption is much more important and better for bitcoin future, Because once the community absorb it and familiarize with it the huge price increase will follows and nothing can stop it, due to the more people demand the more value increase.
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January 20, 2017, 12:59:33 AM
 #322

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

For me Mass adoption is much more important and better for bitcoin future, Because once the community absorb it and familiarize with it the huge price increase will follows and nothing can stop it, due to the more people demand the more value increase.
Mass adoption without huge price is not usefull, I never think that bitcoin will mass adoption or replace fiat money, as best alternative investment is the best options. Until now, I still doubt that bitcoin can survive 10 years again.
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January 20, 2017, 05:02:24 AM
 #323

when there will be too many users then it would become the  father of cryptocurrency and it will have maximum market capitalization, fortunately bitcoin has maximum market capitalization. So i prefer mass adoption. Without adoption bitcoin cannot go ahead but it will just keep rolling around like this, today it grows $30 higher and tomorrow it drops that amount again, so that wont make us reach higher if there is no adoption at all.
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January 20, 2017, 12:07:29 PM
 #324

I hope that you put the option "BOTH" on your poll because both mass adoption and huge price increase will be better for bitcoin. If there is mass adoption, many people will know bitcoin. The same with huge price increase, many people will be interested about it and I'm pretty sure that they will put investments on bitcoin Cheesy
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January 20, 2017, 02:29:32 PM
 #325

For getting the answer to that question first you have to learn that how the value of bitcoin increases. It is obvious and every one know that when mass adoption occurs then the price of bitcoin increases. So they both are one thing. Whenever you see the price of bitcoin increasing then you can imagine that nowadays mass adoption is occurring.
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January 20, 2017, 02:46:04 PM
 #326

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

For me Mass adoption is much more important and better for bitcoin future, Because once the community absorb it and familiarize with it the huge price increase will follows and nothing can stop it, due to the more people demand the more value increase.
Mass adoption without huge price is not usefull, I never think that bitcoin will mass adoption or replace fiat money, as best alternative investment is the best options. Until now, I still doubt that bitcoin can survive 10 years again.

The way I see it I prefer mass adoption instead of huge price. If bitcoin has a huge price that means nobody will not ever use it as money because will be very expensive. All of the people will use it as commodity. Moreover if bitcoin is used mainly as payment system banks and governments will be forced to be more friendly with their customers. If is not, that is anybody use it as digital gold, then banks have nothing to fear and they will continue the known way.
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January 20, 2017, 03:04:51 PM
 #327

I prefer only mass adoption. When there will be mass adoption then rate will go up automatically because if high demand and low suppy which follows three law if market that every one knows. And when there will be mass adoption then government also will give green signal and people will have faith on it
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January 20, 2017, 03:11:43 PM
 #328

I prefer only mass adoption. When there will be mass adoption then rate will go up automatically because if high demand and low suppy which follows three law if market that every one knows. And when there will be mass adoption then government also will give green signal and people will have faith on it
I think so, But Im hoping that the government will accept and adopt bitcoin in a state. The people will have a faith on bitcoin and It could start a mass adoption of bitcoin. We are all hoping that government will accept bitcoin.
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January 20, 2017, 03:17:50 PM
 #329

I prefer only mass adoption. When there will be mass adoption then rate will go up automatically because if high demand and low suppy which follows three law if market that every one knows. And when there will be mass adoption then government also will give green signal and people will have faith on it
I think so, But Im hoping that the government will accept and adopt bitcoin in a state. The people will have a faith on bitcoin and It could start a mass adoption of bitcoin. We are all hoping that government will accept bitcoin.

Don't include me in that "we" as Im not hoping for government to adopt bitcoin. I like the status of bitcoin today with just being a fair decentralized. Are you sure with your desire? Remember that if government will adopt bitcoin it will become centralized and all things that fiat is faces in terms of legal financial actions will now be applied to bitcoin now e.g tax, fees, identities etc. to ensure the security of the people.

Mass adoption can be done without government fully accepted this crypto.
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January 20, 2017, 03:48:41 PM
 #330

The price of bitcoin is a very important for us and if the bitcoin price will increase we will happy for that and so we cashout some of our bitcoin. Mass adoption also is need but not as much but not better cause its useless if you mean people who have authority I will that not mass adoption. So that for me the better is huge price increase cause all people now who use bitcoin waiting for an exciting huge price increase of bitcoin.
You are obviously putting the cart before the horse by giving huge price increase preeminence over mass adoption. In hindsight, the price of bitcoin was peanuts, compared to what is obtainable this day and you can't miss the fact that the power behind the price increase has been more people getting to adopt Bitcoin as the capitalization also shows. Rest assured if for any reason people's interest in Bitcoin fades someday, the price of Bitcoin would come crashing like mighty waves because it is our collective interest and commitment to it that gives it value.

Again the more the adoption, the scarcer it becomes and by extension the more valuable it becomes. So don't sit down yet, go spread the news about Bitcoin, it is a win win solution for all Bitcoiners.
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January 20, 2017, 06:27:00 PM
 #331

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.

For me Mass adoption is much more important and better for bitcoin future, Because once the community absorb it and familiarize with it the huge price increase will follows and nothing can stop it, due to the more people demand the more value increase.
Mass adoption without huge price is not usefull, I never think that bitcoin will mass adoption or replace fiat money, as best alternative investment is the best options. Until now, I still doubt that bitcoin can survive 10 years again.
yes mass adoption is the best, because the price of bitcoin can increase and decrease but if the mass adoption is increasing then certainly the price the price of bitcoin will remain stable.
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January 20, 2017, 07:35:05 PM
 #332

mass adoption is the best, because the price of bitcoin can increase and decrease but if the mass adoption is increasing then certainly the price the price of bitcoin will remain stable.
But to have mass adoption we need to attract huge number of people which is only possible when we are having higher prices for bitcoin. So, most of adoption will be only possible when we are having some attractive prices for bitcoins.

Moreover, I believe both mass adoption and huge prices for bitcoin will be achievable at the same time as both are depending on each other.

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January 20, 2017, 07:59:29 PM
 #333

mass adoption is the best, because the price of bitcoin can increase and decrease but if the mass adoption is increasing then certainly the price the price of bitcoin will remain stable.
But to have mass adoption we need to attract huge number of people which is only possible when we are having higher prices for bitcoin. So, most of adoption will be only possible when we are having some attractive prices for bitcoins.

Moreover, I believe both mass adoption and huge prices for bitcoin will be achievable at the same time as both are depending on each other.

Yeah, one cannot work without another.. as soon as it is adopted in mass, because the BTC supply is limited the price will get higher as the demand will increase. At the same time, a high price will make even more people get attracted to Bitcoin which provokes the same effect I mentioned first. But mass adoption matters more to happen before the price increase in my opinion. The effects would be seen happening way faster than the other way.
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January 20, 2017, 09:36:10 PM
 #334

Mass adoption off course because imagine 21m active users who have average 1BTC in a wallet are much harder to attack BTC in various ways.
With mass adoption is harder to:
-control price no massive dumps and ups BTC will be good as money
-% of scammed BTC will be less
- harder to hack btc holders so a whole economy is more stable

massive up and down attracts speculators and traders, huge jups in price are scarrying regular users.
Try convince you mother to buy BTC that will be worth 30% less in next week.
Huge jumps are bad for people in general.

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January 21, 2017, 03:04:57 AM
 #335

I choose as mass adoption automatically the price will huge price increase. If this happen, I sure the bitcoin use will massive and replace some legal currencies.
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January 21, 2017, 03:20:35 AM
 #336

I choose as mass adoption automatically the price will huge price increase. If this happen, I sure the bitcoin use will massive and replace some legal currencies.
I agree with you, if many people use  bitcoin will make usage of bitcoins be easy
because many corporations that will make it easy to use and bitcoin become more popular and
finally bitcoins become payment method around the world because of massa adoption.
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January 21, 2017, 03:29:04 AM
 #337

Have you seen other countries currency being devalued against the US dollar? If bitcoins value continue to increase then many people wont even able to exchange 1 bitcoin because they need to shell out more of their currency and can make their economy in big trouble like in Venezuela. I would opt for a mass adoption of bitcoin with a very stable value so anytime I can decide to exchange bitcoin to buy a commodity using bitcoin.
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January 21, 2017, 03:38:16 AM
 #338

Have you seen other countries currency being devalued against the US dollar? If bitcoins value continue to increase then many people wont even able to exchange 1 bitcoin because they need to shell out more of their currency and can make their economy in big trouble like in Venezuela. I would opt for a mass adoption of bitcoin with a very stable value so anytime I can decide to exchange bitcoin to buy a commodity using bitcoin.
Mass adoption would not mean that we can get a stable price, it's the volume against the demand, and when the volume of supply is low while the demand is high, it's still the same, investors will hoard to serve their personal interest to make themselves richer. Users does not care if how volatile the price as at the end of the day, they will just exchange it to fiat and it's done.

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January 21, 2017, 03:57:11 AM
 #339

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

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January 21, 2017, 05:12:56 AM
 #340

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

In fact these both things are interrelated with each other. Any activity would trigger the another activity. Suppose if suddenly 1 million people decide to join bitcoin then there will be an immidiate rise in the demand for bitcoin and hence there will be a rise in the price of bitcoin. Alternatively, if existing bitcoin users decide to acquire more bitcoins due to any news then again there will be increase in demand, increase in price and new investors will enter to make profits.
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January 22, 2017, 10:14:22 AM
 #341

Actually Both .
But since i have to choose one
Ill choose Mass Adoption Over Huge price increase.
Like let me give you an example.

What would a company prefer ,
That more people should buy its product
or
The price of the product to be high and less people buying it.

I guess you might have got you answer.
But if you go to see ,
If a company has both , it would be a very successful one.
Like Apple ,
Its prices are high and more over there and many people who buy it .

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January 27, 2017, 03:46:20 PM
 #342

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

In fact these both things are interrelated with each other. Any activity would trigger the another activity. Suppose if suddenly 1 million people decide to join bitcoin then there will be an immidiate rise in the demand for bitcoin and hence there will be a rise in the price of bitcoin. Alternatively, if existing bitcoin users decide to acquire more bitcoins due to any news then again there will be increase in demand, increase in price and new investors will enter to make profits.
Certain things do not make much sense when considered separately, an example of this is mass adoption and price. Both are things that are correlated, since one is necessary for the other to exist. Anyway, I think adoption is something that should come first, since the price will depend on the users.
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January 27, 2017, 03:54:42 PM
 #343

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

In fact these both things are interrelated with each other. Any activity would trigger the another activity. Suppose if suddenly 1 million people decide to join bitcoin then there will be an immidiate rise in the demand for bitcoin and hence there will be a rise in the price of bitcoin. Alternatively, if existing bitcoin users decide to acquire more bitcoins due to any news then again there will be increase in demand, increase in price and new investors will enter to make profits.
Certain things do not make much sense when considered separately, an example of this is mass adoption and price. Both are things that are correlated, since one is necessary for the other to exist. Anyway, I think adoption is something that should come first, since the price will depend on the users.

Or it could be the other way round. A businessman would be interested to acquire BTC all because of its price being valuable and because of that he then start to accepts BTC in exchange for his goods and services.  Like you said these two are related, they can't be just one.
Same effect for which ever come first, its all good for the BTC holders. A digital money which its value can double in a year, its should be attractive to anyone who wants to be in the future economy.

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January 27, 2017, 07:38:20 PM
 #344

Have you seen other countries currency being devalued against the US dollar? If bitcoins value continue to increase then many people wont even able to exchange 1 bitcoin because they need to shell out more of their currency and can make their economy in big trouble like in Venezuela. I would opt for a mass adoption of bitcoin with a very stable value so anytime I can decide to exchange bitcoin to buy a commodity using bitcoin.
Mass adoption would not mean that we can get a stable price, it's the volume against the demand, and when the volume of supply is low while the demand is high, it's still the same, investors will hoard to serve their personal interest to make themselves richer. Users does not care if how volatile the price as at the end of the day, they will just exchange it to fiat and it's done.
to me mass adoption is too much important for bitcoin future. because as more and more people will adopt bitcoin it will become more more difficult to manipulate the price of bitcoin. in past we have so many examples, when big whale were easily manipulate the price of bitcoin. therefore if the number of bitcoin users will increase bitcoin will become more and more stable, and it will become more difficult to manipulate the price of bitcoin.

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bitbob82
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January 27, 2017, 07:42:55 PM
 #345

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

In fact these both things are interrelated with each other. Any activity would trigger the another activity. Suppose if suddenly 1 million people decide to join bitcoin then there will be an immidiate rise in the demand for bitcoin and hence there will be a rise in the price of bitcoin. Alternatively, if existing bitcoin users decide to acquire more bitcoins due to any news then again there will be increase in demand, increase in price and new investors will enter to make profits.
yes  both are important, bitcoin price is important because if the price of  bitcoin will continue increasing more and more people will be taking interest in bitcoin and so the number of bitcoin users will also increase.
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January 27, 2017, 09:13:30 PM
 #346

Huge price increase is just for traders and people who are stacking bitcoin on their wallet , Mass adoption is far better for all of us as we can use bitcoin like fiat because adoption means services who only accepting fiat will now accept bitcoin as a payment so all of us are in a win-win situation. It is much better to have a stable price rather than having a huge price increase that just easy to manipulate by those big miners.

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January 28, 2017, 04:07:10 AM
 #347

I think both go hand in hand and both will increase the value of bitcoin. Let us analyse why people use bitcoin? Definitely for investment because people are not fool and they will not be interested to buy something which is useless. People have seen value in bitxoin and hence they are investing in it heavily. The result is, bitcoin owns 85 percent of total crypto currency volume.

So price increase will attract new people to adopt bitcoin and thus increase the popularity. Both will help bitcoin to reach new heights.

In fact these both things are interrelated with each other. Any activity would trigger the another activity. Suppose if suddenly 1 million people decide to join bitcoin then there will be an immidiate rise in the demand for bitcoin and hence there will be a rise in the price of bitcoin. Alternatively, if existing bitcoin users decide to acquire more bitcoins due to any news then again there will be increase in demand, increase in price and new investors will enter to make profits.
yes  both are important, bitcoin price is important because if the price of  bitcoin will continue increasing more and more people will be taking interest in bitcoin and so the number of bitcoin users will also increase.

I personally prefer the values rather than price because price is something that won’t remain constant even in short term but value is something that increases or decreases over the period of time. Traders are concerned more about price rather than value and investors consider value rather than price. Both are important but as I said, I prefer values.
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January 28, 2017, 05:06:30 AM
 #348

Actually Both .
But since i have to choose one
Ill choose Mass Adoption Over Huge price increase.
Like let me give you an example.

What would a company prefer ,
That more people should buy its product
or
The price of the product to be high and less people buying it.

I guess you might have got you answer.
But if you go to see ,
If a company has both , it would be a very successful one.
Like Apple ,
Its prices are high and more over there and many people who buy it .

I would say Bitcoin is successful if it has widespread adoption, even if its value is not too high.
The primary objective of a company is to make profits (returns to shareholders). That is not the primary objective of Bitcoin.
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January 28, 2017, 06:21:31 AM
 #349

I would believe mass adoption would be the better choice because it would bring a steady price rise anyway. The more people use and save Bitcoin would naturally bring a bigger market cap fr Bitcoin would you not agree?


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January 28, 2017, 06:29:08 AM
 #350

I would believe mass adoption would be the better choice because it would bring a steady price rise anyway. The more people use and save Bitcoin would naturally bring a bigger market cap fr Bitcoin would you not agree?

Agree. Not to mention that if many are holding small amounts of coins, then there will be no artificial pump and dumps, except if it is made by a group or during holidays that everyone needs money for their tables. Many users means sturdy bitcoin price. No more worries about overnight drop in the price.

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January 28, 2017, 12:33:07 PM
 #351

Have you seen other countries currency being devalued against the US dollar? If bitcoins value continue to increase then many people wont even able to exchange 1 bitcoin because they need to shell out more of their currency and can make their economy in big trouble like in Venezuela. I would opt for a mass adoption of bitcoin with a very stable value so anytime I can decide to exchange bitcoin to buy a commodity using bitcoin.
Mass adoption would not mean that we can get a stable price, it's the volume against the demand, and when the volume of supply is low while the demand is high, it's still the same, investors will hoard to serve their personal interest to make themselves richer. Users does not care if how volatile the price as at the end of the day, they will just exchange it to fiat and it's done.
According to me both are better because mass adoption and price increasing both are independent like if bitcoin value continue to increase then many people will not be able to exchange  bitcoin so both are better for bitcoin future.
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January 28, 2017, 07:24:58 PM
 #352

Have you seen other countries currency being devalued against the US dollar? If bitcoins value continue to increase then many people wont even able to exchange 1 bitcoin because they need to shell out more of their currency and can make their economy in big trouble like in Venezuela. I would opt for a mass adoption of bitcoin with a very stable value so anytime I can decide to exchange bitcoin to buy a commodity using bitcoin.
Mass adoption would not mean that we can get a stable price, it's the volume against the demand, and when the volume of supply is low while the demand is high, it's still the same, investors will hoard to serve their personal interest to make themselves richer. Users does not care if how volatile the price as at the end of the day, they will just exchange it to fiat and it's done.
According to me both are better because mass adoption and price increasing both are independent like if bitcoin value continue to increase then many people will not be able to exchange  bitcoin so both are better for bitcoin future.

I think mass adoption and price increase are inter related to each other we cannot expect higher price of bitcoins in future unless there is no mass adoption so adoption is the only key to success and if it happens then it will have a positive impact on the price of bitcoins.

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January 30, 2017, 06:05:34 AM
 #353

Mass adoption is better for bitcoin future.If there is huge increase in price, it will be only helpful for traders.It will not help for bitcoin progress in long run. People and retailers should be made aware of bitcoin and they should be made to adopt bitcoin. It will make bitcoin to spread widely.Moreover, mass adoption would increase the demand for bitcoin, which would inturn increase the price of bitcoin.
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January 30, 2017, 06:11:36 AM
 #354

Mass adoption is better for bitcoin future.If there is huge increase in price, it will be only helpful for traders.It will not help for bitcoin progress in long run. People and retailers should be made aware of bitcoin and they should be made to adopt bitcoin. It will make bitcoin to spread widely.Moreover, mass adoption would increase the demand for bitcoin, which would inturn increase the price of bitcoin.

Investors are the one who invest in bitcoin, and they are the one who makes the price moves rapidly when they invest, and price fluctuation is what brings them here. On the other hand, it will only be for the short time, just imagine if all the people in the bitcoin world are investors, probably the price would be like a zigzag, and connivance between traders could be possible too.

But anyway, mass adoption is still the best, with that, the number of bitcoin isn't just in the hands of few, but in the hands of many. That will be a slow and steady price that we will expect if many are holding small amounts.

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January 30, 2017, 06:21:42 AM
 #355

Mass adoption is better for bitcoin future.If there is huge increase in price, it will be only helpful for traders.It will not help for bitcoin progress in long run. People and retailers should be made aware of bitcoin and they should be made to adopt bitcoin. It will make bitcoin to spread widely.Moreover, mass adoption would increase the demand for bitcoin, which would inturn increase the price of bitcoin.

But doesn't mass adoption bring a higher price and vice versa? Cheesy I think it does. The two factors are depending on each other, so no matter which you choose, the other one will take place too. But for a better future I think we need a mass adoption..
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January 30, 2017, 08:32:41 AM
 #356

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
Mostly will answer mass adoption because the price will affected and automatically increase,,
We know that, huge price increase cause people sell out again, so better to have slowly increases, step by step and even big whales will manipulate market price, won't affected so badly. Stop giving them what they want by panic sell, at least mass adoption will lead to more stable price.
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January 30, 2017, 08:43:08 AM
 #357

Since i see many people only care or focus about bitcoin price and they say it's good for bitcoin future. But, of course we know bitcoin is a currency and we need people who use/accept bitcoin as currency.

So, Which one is better for bitcoin future? Mass adoption or huge price increase?
Of course, we're NOT talking huge price increase because mass adoption.
Mostly will answer mass adoption because the price will affected and automatically increase,,
We know that, huge price increase cause people sell out again, so better to have slowly increases, step by step and even big whales will manipulate market price, won't affected so badly. Stop giving them what they want by panic sell, at least mass adoption will lead to more stable price.
Well if we think about it this way, what if Bitcoin's price is greater than Gold? Of course the possibility of it having a nedia coverage is big because it has beaten gold in the market than it will be popular to new people. For me we old Bitcoin users will have the advantage of having a huge price increase, we will instantly profit from it because we now know its movement.
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January 30, 2017, 01:34:33 PM
 #358

Media are avoiding talk about bitcoin, sure visa, mastercard and others companies are paying some fee to let bitcoin hidden, the thing is there is no way to control or stop bitcoin, crypto world is getting a big space at online top websites, its a question of time till bitcoin boom into the news, and countries be forced to recognize bitcoin as currencie. We need now both of those, but sure mass adoption would be better since it would represent bigger volume, and more transactions, making the coin more popular.
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