Bitcoin Forum
July 16, 2019, 11:52:40 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: What would happen if BTC was accepted for gasoline?  (Read 2500 times)
Ron~Popeil
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
June 10, 2014, 12:09:22 AM
 #41

Bitcoin in terms of price should look to more speculative trading based areas.
Sure, it wouldnt hurt if acceptance was higher, but those green candles rise much faster and much higher when there are speculations, than they do when acceptance spreads.
For the sake of all of us, with everything above, there needs to be less bad news (mt.gox, insta-wallet raid..and so on)

cheers

bitcoin will be hurt over the long term if it is involved in more speculative trading ventures. More speculation would probably lead to increased short term trading and TX activity, however this would set it back in terms of acceptance of the general public.

Over the long term the more bitcoin is accepted by merchants and the public the higher the price will be.

Speculation will not hurt bitcoin because it will naturally decrease over time.
Right now, any interest in bitcoin is better than nothing.

Price stability will come as the economy grows. Less volatility=less money to be made speculating.

1563321160
Hero Member
*
Offline Offline

Posts: 1563321160

View Profile Personal Message (Offline)

Ignore
1563321160
Reply with quote  #2

1563321160
Report to moderator
1563321160
Hero Member
*
Offline Offline

Posts: 1563321160

View Profile Personal Message (Offline)

Ignore
1563321160
Reply with quote  #2

1563321160
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Harley997
Sr. Member
****
Offline Offline

Activity: 266
Merit: 250


View Profile
June 10, 2014, 01:40:02 AM
 #42

Bitcoin in terms of price should look to more speculative trading based areas.
Sure, it wouldnt hurt if acceptance was higher, but those green candles rise much faster and much higher when there are speculations, than they do when acceptance spreads.
For the sake of all of us, with everything above, there needs to be less bad news (mt.gox, insta-wallet raid..and so on)

cheers

bitcoin will be hurt over the long term if it is involved in more speculative trading ventures. More speculation would probably lead to increased short term trading and TX activity, however this would set it back in terms of acceptance of the general public.

Over the long term the more bitcoin is accepted by merchants and the public the higher the price will be.

Speculation will not hurt bitcoin because it will naturally decrease over time.
Right now, any interest in bitcoin is better than nothing.

speculation would hurt BTC as it would delay merchants and consumers wanting to adapt bitcoin.

speculation decreases over time because it is more widely accepted by merchants and consumers.

▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
PRIMEDICE
The Premier Bitcoin Gambling Experience @PrimeDice
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!