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Question: Which one is better for bitcoin future? Mass adoption or huge price increase?
Mass adoption
Huge price increase
I don't know/I don't care

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Author Topic: Which one is better for bitcoin future? Mass adoption or huge price increase?  (Read 13055 times)
ironm@n
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January 03, 2017, 12:57:40 AM
 #301

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
 #302

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
 #303

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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Mydarksaviour
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January 03, 2017, 01:26:26 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.
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January 03, 2017, 01:37:03 AM
 #305

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
 #306

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
 #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.

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January 18, 2017, 12:09:52 AM
 #308

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
 #309

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
 #310

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
 #311

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
 #312

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
 #313

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
 #314

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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January 19, 2017, 12:38:05 PM
 #315

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
 #316

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
 #317

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
 #318

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
 #319

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
 #320

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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