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Topic: Bitcoin price PLUS $1000 - Would Bitcoin then see world wide acceptance? - page 2. (Read 6676 times)

newbie
Activity: 30
Merit: 0
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.
newbie
Activity: 28
Merit: 0
Yes. Crossing ATH twice = moon.
newbie
Activity: 29
Merit: 0
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
member
Activity: 602
Merit: 10
God is with us
I think you would have better luck if this entire subreddit decided to buy $5 worth of bitcoin on the same day.
sr. member
Activity: 308
Merit: 250
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
newbie
Activity: 27
Merit: 0
It would make all the fallling type guys butthurt, thats for sure.
sr. member
Activity: 308
Merit: 250
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.
hero member
Activity: 798
Merit: 500
Time is on our side, yes it is!
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).
newbie
Activity: 29
Merit: 0
I don't think price = adoption.
legendary
Activity: 1946
Merit: 1007
I think it defends on the price of bitcoin supply and demand
hero member
Activity: 574
Merit: 500
CoinBooster Rep
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.
legendary
Activity: 1344
Merit: 1000
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
hero member
Activity: 574
Merit: 500
CoinBooster Rep
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.
sr. member
Activity: 252
Merit: 251
Knowledge its everything
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
newbie
Activity: 14
Merit: 0
For seller it might be very good price to sell Bitcoin but for buyer it may be hard to buy Bitcoin.
newbie
Activity: 42
Merit: 0
"WORLDWIDE" is a very very big word.

Canada-wide is the word. Or UK-wide. But not Jamaica-wide, Puerto-rico wide.
member
Activity: 94
Merit: 10
It has been accepted by the public (who knows about bitcoin) at $500. Bitcoin should advertise their product more.
member
Activity: 112
Merit: 10
Play Rock Paper Scissor Lizard Spock
"WORLDWIDE" is a very very big word.
member
Activity: 91
Merit: 10
How can they see if the world lacks bitcoin education? They probably see this bitcoin as a scam....
sr. member
Activity: 294
Merit: 250
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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