What will be the impact of this news on Bitcoin adoption ?

[noormcs5]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

Currently, the news is used as a pump dump reason for the bitcoin price. Bitcoin usually pumps on positive news and dumps on negative news. However, this should change when the adoption increases and bitcoins are more distrusted, and whale control will be minimized.

Till the time the bitcoin is globally adopted, the news is a media where people can be informed about bitcoin. Awareness about Bitcoin needs to be spread and the news is one of the best mediums for this. Positive bitcoin news will encourage people to invest in bitcoin while negative news will discourage people to stay out of this market.

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[Agbe]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

When I saw the thread, and for me to authenticate the information, I made some finding and see that the news might be legit. Bitcoin adoption in the world is a gradual process by countries, if European Stations adopt bitcoin in their daily business activities then it is a very good news to others. Other countries private companies will also test the ecosystem in their businesses.

[ajiz138]

The adoption of bitcoin in Europe has now become quite widespread with the bitcoin payment method in the Lightning Network.

Any news of its adoption is positive for the wide spread of bitcoin in any transaction, but I would not expect this to have any impact on the price, there is absolutely no influence in its price movement, still bitcoin always has time to pump into a bullish, we wait a few more years.
I think the Lightning Network will be wider because of the Lightning transaction speed is easy in any payment in a company they are for its payment options.

[Wimex]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

Don't expect any huge since for now this is just another good news but it will not bring any huge impact if we talk about global adoption. Yes this could create some changes but its just for temporary pump only and what I think could bring big impact in terms of adoption is the US will announce thay they adopt and make bitcoin as their legal tender. For sure with this we can see bitcoin will be globally adopted even in small merchants on our places.

I agree with you, if we look at most of the controversies, they occur with the great powers that are reluctant to legalize bitcoin, the only one that has not taken such drastic measures and that little by little is accepting it is Russia, and yet the majority Of the nations in the world are very much carried away by the actions committed mainly by China and the United States, these are the ones that are always in their sights and who are taken as an example to follow thanks to the economy they maintain, so at the same time Like you, I have the intuition that when they decide to change their minds regarding this asset, the adoption will be very different, because thanks to the influence that these countries emit, they will generate trust and many will follow them in this decision, changing the perspective they have on this asset, meanwhile said adoption will be slow and will take time, The important thing is that even if it is not achieved quickly, it will still increase at any time.

[TimeTeller]

The adoption of bitcoin in Europe has now become quite widespread with the bitcoin payment method in the Lightning Network.

Any news of its adoption is positive for the wide spread of bitcoin in any transaction, but I would not expect this to have any impact on the price, there is absolutely no influence in its price movement, still bitcoin always has time to pump into a bullish, we wait a few more years.
I think the Lightning Network will be wider because of the Lightning transaction speed is easy in any payment in a company they are for its payment options.

It may have no great impact in the current price of the bitcoin in the market, but if we will see more adoption, the better, right?
Because this will create a domino effect. Not only these EV stations will accept payment, but other merchants will follow this initiative.
And if you will see the EV map in Europe, it is already widespread. So expect that some convenience stores will also add btc in their payment system.
Remember, the more demand, with fixed supply. We know what will happen eventually. So if it is not creating impact in the current market, it will be significant sooner or later.

If you will look at this map, definitely, it will add some numbers in the number of crypto users, if some of them are not yet into crypto.


https://satimoto.substack.com/p/map-updates-08122022

[The Cryptovator]

Certainly, it is undeniably positive news; however, it appears that the market's immediate response has been rather subdued. Nevertheless, this marks a significant milestone in Bitcoin adoption, potentially leading to a greater awareness of Bitcoin among the masses, which could pique the interest of many individuals looking to invest. As a result, we may witness a gradual expansion of the Bitcoin market.

[CageMabok]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

That is good news for Bitcoin and it will probably have a good impact on the price of Bitcoin as well, as it will immediately move most people in parts of Europe to buy Bitcoin upon seeing that. But I still think that those who already know about Bitcoin and also have instilled greater affection for Bitcoin, they will not want to just trade Bitcoin for anything. Acceptance of it can have a good effect on Bitcoin, but it will probably only be done by those who do not like to keep Bitcoin long term, so they can just use Bitcoin to pay for other things at any time they want.

[serveria.com]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

This is great news! It's great publicity for Bitcoin but most likely not a game-changer. Unlike FUD, such news have no or minimal effect on Bitcoin price, unfortunately. We need something more significant, like an Elon Musk tweet or "China unbans Bitcoin" kind of news. 

[Sanitough]

Not something that will make bitcoin suddenly mega-bullish as an asset in an instant, but it's great news nonetheless — baby steps; even if Lightning is still a slippery slope in terms of actual adoption.

True. A lot of big news like this in the past, but it doesn’t create an immediate and long lasting effect in bitcoin, but if this is for real, then it’s actually a great news for bitcoin adoption. But we cannot expect for bitcoin to go into a sudden bullish price since the right time is yet to come.

[Nwada001]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

It's a welcome development for Lightening Network, as they are promoting network usage by integrating it into their payment application.
This can't actually cause a bullish market entirely as the company are still growing and don't have enough amount of users who can increase the demand of Bitcoin over time. This is just some good news in the aspect of seeing some growing organization embracing the Bitcoin technology. 

[Wend]

You have brought great news to the community but I don't think this news will have a positive impact on the bitcoin price or the market. But as many have said, through this news, it can be seen that bitcoin acceptance is becoming more and more widespread, and soon the whole world will accept bitcoin. This news will have a positive long-term impact on bitcoin. I don't know if other countries will do the same as European countries, but if this news comes from the US or China, we will have a much better outcome.

[blockman]

That's good, another addition to the demand for Bitcoin but the effect of it won't be big as those of institutional adoption news. It's like going to be an adoption that doesn't have much impact for now because that's what people are looking up to. Everyone wants a quick glance at its impact upon sharing as news. But apart from that, we shall see the demand for it through the actual impact that it makes on the market by looking at its price. Maybe we'll wholly see the entire effect of it on the bull run and not this time but we have to see news like this at most times so that everyone is going to be set that there are a lot of fundamentals that are happening that causes more adoption to the market.

[suzanne5223]

This is a good move by the Europe government and the company in charge of the 60000 EV charging points across Europe. Although, this is a good move toward Bitcoin and a lot of Bitcoiner will be happy about it but this doesn't mean more countries will follow the step now.In my opinion, I believe the company that make the decision do it now so they could accumulate Bitcoin to maximize their chance before Bitcoin ETF was accepted.

[Oshosondy]

Zero, why?
Because Satimoto doesn't own a single charging station!
Because those charging stations don't accept Bitcoin directly but through their app which converts bitcoin with cash.

So it's like saying Walmart accepts Bitcoin because you can pay with a Binance Visa card funded with bitcoin.

This is serious. Which means the impact can even be less than zero. They make people that have bitcoin to pay with bitcoin, but the app which makes it possible is converting the bitcoin to fiat. If there is more bitcoin sales, the price would be reducing. Or would this not lead to what that I am thinking?

[xSkylarx]

Any kind of adoption is really great news, no matter if even a small business accepts bitcoin, as this is part of Bitcoin progress, but the impact is just the same as if not the whole population of the country uses EV, meaning only a few people will use EV and are not sure if they will pay via bitcoin, as for sure there are other payment methods on those stations like CC and etc., but still there will be other people that will pay via bitcoin.

[stompix]

Zero, why?
Because Satimoto doesn't own a single charging station!
Because those charging stations don't accept Bitcoin directly but through their app which converts bitcoin with cash.

So it's like saying Walmart accepts Bitcoin because you can pay with a Binance Visa card funded with bitcoin.

This is serious. Which means the impact can even be less than zero. They make people that have bitcoin to pay with bitcoin, but the app which makes it possible is converting the bitcoin to fiat. If there is more bitcoin sales, the price would be reducing. Or would this not lead to what that I am thinking?

Of course, it can go that way but then it would mean that even sig campaign here on the forum has a negative impact right?
If everybody is selling their earned coins and not stashing them then there is a negative on the price.

Anyhow, cold shower time guys, stop looking at those 60 000 and more at this:
https://play.google.com/store/apps/details?id=com.satimoto

[serjent05]

Zero, why?
Because Satimoto doesn't own a single charging station!
Because those charging stations don't accept Bitcoin directly but through their app which converts bitcoin with cash.

So it's like saying Walmart accepts Bitcoin because you can pay with a Binance Visa card funded with bitcoin.

This is serious. Which means the impact can even be less than zero. They make people that have bitcoin to pay with bitcoin, but the app which makes it possible is converting the bitcoin to fiat. If there is more bitcoin sales, the price would be reducing. Or would this not lead to what that I am thinking?

Of course, it can go that way but then it would mean that even sig campaign here on the forum has a negative impact right?
If everybody is selling their earned coins and not stashing them then there is a negative on the price.

Anyhow, cold shower time guys, stop looking at those 60 000 and more at this:
https://play.google.com/store/apps/details?id=com.satimoto

At least the number had it head start.  100+ downloads today can stay 100+ downloads tomorrow but with the proper marketing and advertisement, it will soon grow.  Either way, I still believe Bitcoin will benefit from this marketing and advertisement.  Since the company wanted to take a profit, it will do its best to promote its plans of Bitcoin being a mode of payment.  It is where they can earn their profit so I bet this company will do its best.

[DoublerHunter]

This is a good move by the Europe government and the company in charge of the 60000 EV charging points across Europe. Although, this is a good move toward Bitcoin and a lot of Bitcoiner will be happy about it but this doesn't mean more countries will follow the step now.In my opinion, I believe the company that make the decision do it now so they could accumulate Bitcoin to maximize their chance before Bitcoin ETF was accepted.

^This was also what I believed.
As more positive examples of cryptocurrency integration emerge, it may help shift perceptions and foster a broader acceptance of digital currencies as a legitimate and viable form of payment especially in BTC.
While the decision to accept Bitcoin at EV charging stations in Europe is good news and is commendable and suits the interests of BTC enthusiasts, there could be a combination of factors behind it, including strategic considerations for BTC accumulation.

[Quidat]

Link to news
https://finbold.com/bitcoin-now-accepted-at-60000-ev-charging-stations-across-europe/

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

Any news that would pertain about adoption and application of Bitcoin payment would be always that positive or something that we could really be able to say that it would really be always that good to look at. We do really need something like this but of course since these payments are still that going with some payment processor which we know that they would be still that regulated then its not really something new but still it would really be still a good additional in terms of recognition and application in towards its utility. It would really be that bullish but if we do speak about impact on the market?Not really that much relevant as this market would really be that depending on several factors on which it would really be affecting or not even with these adoption moments.
This is why its never been always that effective on making up some buy positions when you are basing up with these fundamentals but actually its not really that a bad call after all.

[Sarah Azhari]

So, now bitcoin will be accepted as  a mode of payment at 60000 EV stations across Europe. Personally, I feel this is going to have a very positive impact on crypto adoption. More countries will hopefully take similar decisions soon.

Sure, I felt that too, but the impact is not instant, still needs a lot of time to affect to national economy country. because not all citizens and people use Bitcoin daily, and some of them even do not know at all thing about Bitcoin. So that situation, the government must create the law and useful information to convey to citizens, It's useless and can not implement perfectly when not on target. For example in my country, Bitcoin is official as a legal asset, but when I ask random people, they don't even know what Bitcoin is.