If the bitcoin is accepted in world market,many people will start to inverse in bitcoin.
Then the price of bitcoin will reach three times of today price.Bitcoin will became the world best asset .
If you are satisfied with low profit ,sell the bitcoin at short term.If you want more profit,hold the bitcoin as much you can.
Topic: Bitcoin accepted as a type of installment (Read 1093 times)
The price of bitcoin in this case would definitely decrease in the long run but an increase will be enjoyed first in the short run. What happens in the short run is that many investors will be encouraged to invest their money on bitcoin. The demand for it will push the prices upward. However, as the market will be saturated, the price will decrease because of other competitors that may be a big threat to bitcoin since cryptocurrency as a whole is booming.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Surely it is. Bitcoin will show tremendous growth and popularity once it hit the world market. Bitcoin's value might possibly triple its value once it happened. But I still didn't see it coming, there were still lot of improvement to be done for bitcoin, features has to be developed and partnership with different institution has to take place. There will surely be great changes in the world ince bitcoin becomes a primary asset of everyone.
Yes ofcourse, because once it is accepted and introduced in the market worldwide it has a possibility that it become more popular especially to those country that will not accepted bitcoin. We can say that bitcoin demand will increase by introducing it worldwide and as a result bitcoin sales will also increase. In addition, we all know that there are some countries that are not accepting bitcoin but still there are bitcoin users who can access bitcoin, yet there are only few. So in that case if bitcoin will be accepted worldwide there are so many bitcoin users will arise and it is the reason to get a high demand in bitcoin. 
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Yes I think because bitcoin is like you are depositing your money in a bank and having an interest because price gets higher from time to time I didn't know
of course if indeed this is really realized this will make bitcoinvolalitas will continue to increase which will be many business people who use bitcoin as a payment system. but this will not be possible in all countries and will certainly only be applicable to countries that are legalizing transactions using bitcoins. and of course this would be impossible in a country that bans any form of transaction using bitcoin as a means of payment.
Some mnc have added it but it will be soon removed ,due to transaction fees and speed ,it is not convenient to use btc for purchase made.we need a crypto like waves,etc who provide instant transaction and lower fees.and bitcoin has become a Virtual gold ,for normal users you cant afford to move it from one address to address on regular basis ,its transaction fees has become costly.
It is a fluctuating currency. Vendors or sellers might have such difficult time in their sales when they use Bitcoin as a payment. These days we can't rely on Bitcoin because it isn't yet widely used as a money around the world. Most people will tend to sell Bitcoins after they earned them, at this case it will be difficult. The exchange rate will either be profitable for them or a lot of losses for them and that applies at this current period where we're in. If it is considered as a currency, not as a primary currency, then it could help vendors or a lot of businessmen at the businesses they currently own.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Of course once btc is introduced and accepted by the market on a worldwide level it will have a higher demand. Which would also result to btc sales increase. Imagine if every establishments in the world accepts btc then the demand will go up and the price too. I imagine we'll have difficulty to get our hands on a single btc. Its price will be unbelievably high I'm not sure of I can afford anymore.Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Of course once btc is introduced and accepted by the market on a worldwide level it will have a higher demand. Which would also result to btc sales increase. Imagine if every establishments in the world accepts btc then the demand will go up and the price too. I imagine we'll have difficulty to get our hands on a single btc. Its price will be unbelievably high I'm not sure of I can afford anymore.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Of course once btc is introduced and accepted by the market on a worldwide level it will have a higher demand. Which would also result to btc sales increase. Imagine if every establishments in the world accepts btc then the demand will go up and the price too. I imagine we'll have difficulty to get our hands on a single btc. Its price will be unbelievably high I'm not sure of I can afford anymore.if bitcoin had been introduced all over the world, it would be that bitcoin would still be prosperous and prosperous, as until now only bitcoin has grown and lucky the participating parties, if bitcoin is banned then we will never get anything.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Of course once btc is introduced and accepted by the market on a worldwide level it will have a higher demand. Which would also result to btc sales increase. Imagine if every establishments in the world accepts btc then the demand will go up and the price too. I imagine we'll have difficulty to get our hands on a single btc. Its price will be unbelievably high I'm not sure of I can afford anymore.With only 21 million Bitcoins total in the world, increasing demand would affect in rising price highly, some people will hold it and others looking to buy but market selling with high price, lucky that people who still keep btc in sufficient amount at that time.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
I can't imagine how high each coin would cost if it is accepted worldwide.
Bitcoin has a maximum supply of 21 million and the world's population is
7 billion, if bitcoin is going to be used as a currency in order for it to
compensate the world's economy each coin's worth would be too high.
That would be a lot of zeroes.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
I can't imagine how high each coin would cost if it is accepted worldwide.
Bitcoin has a maximum supply of 21 million and the world's population is
7 billion, if bitcoin is going to be used as a currency in order for it to
compensate the world's economy each coin's worth would be too high.
That would be a lot of zeroes.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
I can't imagine how high each coin would cost if it is accepted worldwide.
Bitcoin has a maximum supply of 21 million and the world's population is
7 billion, if bitcoin is going to be used as a currency in order for it to
compensate the world's economy each coin's worth would be too high.
That would be a lot of zeroes.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
yes of course. if its introduce to worldwide, so it become more popular and that make more demand of bitcoin.
if demand increase, i am pretty sure that bitcoin sale also directly proportional.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
It is already being accepted my thousands of companies and markets all over the world and since you mention the title as 'installment', it gets harder for an entity to process periodic payments through Bitcoin as the buyer does not disclose any of his personal information in the process in most cases. Then it would be the company's headache to send debt collectors behind that person and it would be a big mess.
This period in the year would have been a really good time to receive instalments of Bitcoin actually, at a fixed coin rqte. In fact, since January, if you accepted payment i monthly instalments, you'd have made more in fiat value every month.
On the other hand, if you accept a fix fiat rate, then you would've been receiving a smaller Bitcoin amount each instalment.
So depends on which side of the coin you are.
I agree to that. It is best to accept bitcoin as a type of installment because it is like accepting someone's investment that has a high chance to make more value in usd if you will keep it for long term. If i have a business then i will surely accept it because if i will do that then i can easily make a lot of thousands of dollars by just using and accepting bitcoin. On the other hand, if you accept a fix fiat rate, then you would've been receiving a smaller Bitcoin amount each instalment.
So depends on which side of the coin you are.
This period in the year would have been a really good time to receive instalments of Bitcoin actually, at a fixed coin rqte. In fact, since January, if you accepted payment i monthly instalments, you'd have made more in fiat value every month.
On the other hand, if you accept a fix fiat rate, then you would've been receiving a smaller Bitcoin amount each instalment.
So depends on which side of the coin you are.
On the other hand, if you accept a fix fiat rate, then you would've been receiving a smaller Bitcoin amount each instalment.
So depends on which side of the coin you are.
Would be Bitcoin still be high in demand if its introduced and accepted by the market worldwide ? or the Bitcoin sales will increase ?
Obviously,when bitcoin gets accepted as payment,its demand increases.That's what we saw early when japan legalized bitcoin,lots of retailers started accepting bitcoin as payment which in turn increased its demand.It increased its price more.Now,we have a news that amazon is soon going to accept bitcoins.If it happens,bitcoin price would trigger more and would reach more heights making it familiar to new users. Jump to: