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Author Topic: Bitcoin price PLUS $1000 - Would Bitcoin then see world wide acceptance?  (Read 6673 times)
unexecuted
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September 06, 2014, 11:44:30 AM
 #41

its already worldwide accepted.. just not every business.
CoolBliss
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September 06, 2014, 12:02:05 PM
 #42

This isn't a bad idea. OP, I have some bitcoins I will sell you at a discount for only $1400 if you can make this happen.
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September 06, 2014, 10:35:49 PM
 #43

I see it becoming popular with those that wish to sell however with those who wish to invest and buy bitcoins I don't see it being as welcomed as many may seem at that price. It would be a nice price if we knew we could sell at that price.
giveBTCpls
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September 06, 2014, 10:42:00 PM
 #44

1000 is the psychological barrier (again). It was before it got beaten once, now we need to beat it again (and we will) to regain solid trust, just like a champion has to be champion 2 times to be considered more than a one hit wonder. Then people will wake the fuck up hopefully.

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September 06, 2014, 11:07:29 PM
 #45

Price is decided by supply and demand, you can't set a price for bitcoins and hope it will be fixed forever.

True, but if there is something like Bitcoin central bank, their goal can be 1500 USD, so buy until price reach 1500 USD, and sell if over 1500 USD. This way price can fixed at 1500 USD, as long as the central bank has enought USD and Bitcoins to feed the market
rhj12345 (OP)
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September 07, 2014, 12:07:41 AM
 #46

Okay, you start. Buy my bitcoins for $1500 USD.

Everybody make a note of this post: Robin will sell me all his BTC. You got it as soon as it hits $1800 your BTC is mine at $1500. Yea buddy!!  Grin
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September 07, 2014, 08:20:17 AM
 #47

If bitcoin would sky rocket there would be much more investors and companies accepting bitcoins, even large companies like ebay.. So yes  Bigger prices would  effect ALOT bitcoin adoption.

If bitcoin's price was higher, then people could purchase big amounts of it without losing a lot in slippage. Right now buying let's say $1000 000 000 in bitcoins would really move the market, you would have to pay much more for the last bitcoin than for the first one. And that's not much money if it comes from many different people.
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September 07, 2014, 08:33:03 AM
 #48

Having a few people start thinking of bitcoins as being worth more won't suddenly or even slowly change the value of them.
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September 07, 2014, 09:06:19 AM
 #49

Having a few people start thinking of bitcoins as being worth more won't suddenly or even slowly change the value of them.

It will if they put their money where their mouth is. If people consider that it's cheap, they'll buy, and therefore the price will increase.
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September 07, 2014, 10:11:27 AM
 #50

Bitcoin price PLUS $1000, would that work???

If we're going to play make-believe like children, why not add a million billion dollars? You can't just make up the price, if you think you should only sell for $1500 someone else will be willing to sell cheaper

polunna
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September 07, 2014, 01:14:09 PM
 #51

Acceptance/adoption is not driven by price, it's the other way around.
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September 07, 2014, 01:49:25 PM
 #52

This is what you can do if you have a central bank.
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September 08, 2014, 05:26:34 AM
 #53

The only thing bitcoin needs to get world wide acceptance is to educate the world with it

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September 08, 2014, 05:49:00 AM
 #54

Current price is determined by the supply and need. Both sides believe the current price is acceptable.
If price rush to 1500 dollars, supply will be more than need and price goes down.
Free market determines the price.
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September 09, 2014, 10:06:43 AM
 #55

How can they see if the world lacks bitcoin education? They probably see this bitcoin as a scam....
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September 10, 2014, 02:59:32 PM
 #56

"WORLDWIDE" is a very very big word.
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September 11, 2014, 05:54:40 AM
 #57

It has been accepted by the public (who knows about bitcoin) at $500. Bitcoin should advertise their product more.

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September 11, 2014, 05:55:44 AM
 #58

"WORLDWIDE" is a very very big word.

Canada-wide is the word. Or UK-wide. But not Jamaica-wide, Puerto-rico wide.
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September 11, 2014, 06:11:07 AM
 #59

For seller it might be very good price to sell Bitcoin but for buyer it may be hard to buy Bitcoin.
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September 11, 2014, 09:52:17 AM
 #60

I think it's hard
people buy bitcoin when the price low
and they sell bitcoin when the price high
and this happen everytime (with bot too)

So the price will went up and down for many times
and the price only grow small

Kemampuanku Tidak semua orang memiliki dan dapat melakukannya . Tidak memakan kaum sendiri . dan mempunyai kode etik yang tidak masuk akal.
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