|
sifter
|
 |
September 11, 2014, 09:59:39 AM |
|
Well when it hit $1000+ lots of people took an interest.
Richard branson and 50 cent, I'm sure that generated a lot of interest.
|
|
|
|
Bitcoinpro
Legendary
 Offline
Activity: 1344
Merit: 1000
|
|
September 11, 2014, 10:04:03 AM |
|
Well when it hit $1000+ lots of people took an interest.
and 50 cent,
he should have been more interested when it was 50 cents |
WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
|
|
|
|
sifter
|
|
September 11, 2014, 10:33:20 AM |
|
Well when it hit $1000+ lots of people took an interest.
and 50 cent,
he should have been more interested when it was 50 cents He would of made a couple million if he did. Well more than he usually does. |
|
|
|
grandFX
Legendary
Offline
Activity: 1904
Merit: 1007
|
|
September 11, 2014, 10:43:50 AM |
|
I think it defends on the price of bitcoin supply and demand
|
|
|
|
|
Zurg49
Newbie
Offline
Activity: 29
Merit: 0
|
|
September 11, 2014, 05:42:54 PM |
|
I don't think price = adoption.
|
|
|
|
|
|
counter
|
|
September 11, 2014, 06:13:48 PM |
|
This would make the price to high for the average person and then there would be issues with poor distribution. The large miners new what they were getting into and if not they should have. Nobody will bail them out and they are not to big to fail. This type of thing would not be good and set a horrible example/precedent for how problems should be solved(IMO).
|
|
|
|
|
|
dankkk
|
|
September 11, 2014, 10:58:30 PM |
|
This would make the price to high for the average person and then there would be issues with poor distribution. The large miners new what they were getting into and if not they should have. Nobody will bail them out and they are not to big to fail. This type of thing would not be good and set a horrible example/precedent for how problems should be solved(IMO).
Bitcoin is divisible up to 8 decimal places. If the price were to reach these levels then the "average" person could simply buy lesser of a fraction of bitcoin if they are to start using it for the first time. |
|
|
|
|
MuttaFuttaGentleman
Newbie
Offline
Activity: 27
Merit: 0
|
|
September 12, 2014, 12:35:33 AM |
|
It would make all the fallling type guys butthurt, thats for sure.
|
|
|
|
|
|
dankkk
|
|
September 13, 2014, 07:12:08 PM |
|
I don't think price = adoption.
Of course the price will correlate with adoption. The more people that use bitcoin obviously will have bought bitcoin. The more people that have bought bitcoin means that there is more overall demand for bitcoin |
|
|
|
|
MightyStorm
Member
Offline
Activity: 602
Merit: 10
God is with us
|
|
September 14, 2014, 01:23:07 PM |
|
I think you would have better luck if this entire subreddit decided to buy $5 worth of bitcoin on the same day.
|
|
|
|
knifeedge
Newbie
Offline
Activity: 29
Merit: 0
|
|
September 14, 2014, 01:33:21 PM |
|
I think you would have better luck if this entire subreddit decided to buy $5 worth of bitcoin on the same day.
We should have a bitcoin purchase day! Start it off once a month or something. The 1st of every month! National Buy-a-Bitcoin day |
|
|
|
|
RogerBTCrabbyt
Newbie
Offline
Activity: 28
Merit: 0
|
|
September 14, 2014, 02:23:03 PM |
|
Yes. Crossing ATH twice = moon.
|
|
|
|
|
superbd
Newbie
Offline
Activity: 30
Merit: 0
|
|
September 14, 2014, 02:33:00 PM |
|
This is what you can do if you have a central bank.
Right, that's why no currency from a country with a central bank has ever collapsed. Stay by the phone, the Nobel people may call at any moment. |
|
|
|
|
|
bornil267645
|
|
September 14, 2014, 06:11:40 PM |
|
that is a matter of relevancy...it will depend on the integrity of fiat currency I guess...
|
|
|
|
bomb177
Newbie
Offline
Activity: 56
Merit: 0
|
|
September 14, 2014, 06:19:10 PM |
|
When the price will hit $1000 several hodlers will sell their holdings but the adoption will continue without them.
|
|
|
|
|
Enfield
Jr. Member
Offline
Activity: 58
Merit: 10
|
|
September 14, 2014, 06:21:04 PM |
|
When the price will hit $1000 several hodlers will sell their holdings but the adoption will continue without them.
I don't doubt a lot of people will sell once it gets to 1k, but it depends how fast it climbs to that. If it goes up fast people will still be tempted to hold to see where it goes to. |
|
|
|
|
Buo
Member
Offline
Activity: 112
Merit: 10
|
|
September 14, 2014, 06:27:02 PM |
|
World wide acceptance will come when bitcoin's value will be 10,000$ or more.
|
|
|
|
RickyRickyyyy
Newbie
Offline
Activity: 28
Merit: 0
|
|
September 14, 2014, 10:01:06 PM |
|
When we hit 1K, we are going to see some serious shit.
|
|
|
|
|
DaNksta
Member
Offline
Activity: 66
Merit: 10
|
|
September 16, 2014, 12:01:41 AM |
|
Heh... even if people wanted to do it, it's not a decision that can be made. It's just not that simple.
You cant just add a thousand dollars to the price of bitcoin because the price is driven by supply and demand and economics.
Also, artificially driving the price of something up would make it lose value in my opinion. People would lose trust in its value. Also, probably the biggest problem with what you suggested, is everyone would just buy bitcoins before it goes up and sell afterwords, causing total havoc and likely crashing the price of bitcoin wayyyyyyyyyyyyy under what it was.
Your plan lacks the part that says how this would even be remotely possible...
|
|
|
|
|
jennifer21
Newbie
Offline
Activity: 56
Merit: 0
|
|
September 16, 2014, 02:07:23 AM |
|
Even if bitcoin is worth around $500 as long as everyone gets a good grip on what it is, it will be accepted.
|
|
|
|
|
|
