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Question: Which one is better for bitcoin future? Mass adoption or huge price increase?
Mass adoption
Huge price increase
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Author Topic: Which one is better for bitcoin future? Mass adoption or huge price increase?  (Read 12430 times)
btcloi78
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August 31, 2016, 10:40:34 AM
 #81

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
 #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

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August 31, 2016, 11:00:26 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.

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August 31, 2016, 11:12:16 AM
 #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.
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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davis196
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August 31, 2016, 12:55:12 PM
 #85

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
 #86

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
 #87

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
 #88

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
 #89

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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ashiqdey
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September 01, 2016, 04:07:43 AM
 #90

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
 #91

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
 #92

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
 #93

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
 #94

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
 #95

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
 #96

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
 #97

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
 #98

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
 #99

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
 #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

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