man, all this good news and the price still remains unchanged.. not complaining too much though, it will probably just make the next bull-run more explosive.
To be completely honest, Bitcoin getting accepted by more and more companies would not increase the price, if anything the price would decrease more since those companies immediately sell any bitcoins they acquire from users buying their products...The only way the price would increase is if a large amount of people decide to buy Bitcoin at relatively the same time. Other than that, it's all speculation and doesn't warrant a price increase.
yes this, it makes BTC more transactional than store of value, so possibly early adopters with a stash can cash out their BTC, but the price is pushed down.
What is the benefit to acquire BTC then buy something with it straight away...not much at the moment as it cost a % cost to acquire from fiat. There is a sfatey aspect of not Credit card...and avoiding those fees.
Store of value and large transactions are important. That said, these large players may actually choose to keep a % of BTC...I know I would!
To date though I am not sure and retail adoption has seen the price increase....
