I have just read the news, let's see if it will have a great impact on the price!
Overstock news, price continues sliding.
Expedia news, price continues sliding.
NewEgg news, price continues sliding.
....
PayPal news, price explodes upwards? Oh YES totally..
Dell News = GREAT NEWS
Overstock news = GREAT NEWS
Expedia news = GREAT NEWS
NewEgg news = GREAT NEWS
PayPal news, = GREAT NEWS
Continued merchant adoption for Bitcoin = GREAT NEWS
Especially when it comes from some of the big names in global retail.
Ubiquity is coming... is happening...
Pretty soon the
BTC is gonna be everywhere.....
Pretty soon, it will become used all over the globe, and people will simply soak that up via a kind of social proof osmosis... via subliminal and direct communications and media and PR, it is on its way to be commonplace...
The real work is all still ahead... people will continue to build and adopt and adapt...
All we need to do is wait... (and/or participate)
But I cannot see how anyone that has any interest in Bitcoin, and in the future of cryptocurrency, can fail to see the signifigance of merchant uptake, both online and in meat world.. we need more and more user and merchant adoption... we need to stretch to every corner of the globe, from the "banked" to the unbanked.
The price is the price.... and there are various
everchanging forces at play
that will continue to change as the ecosystem grows (for example the % of BTC merchants decide to hang onto, or spend into the ecosystem)
I view any significant news that will have an effect on exposure , usage, merchant adoption and user adoption as exciting...