Topic: What would the price be, IF..... - page 2. (Read 1150 times)
I can't remember where but I read somewhere that out of every $2 spent online, $1 of that money is spent on Amazon so if they did begin to accept bitcoin I presume we could expect to see $5000+ value for 1 bitcoin.
One of the bigger eCommerce sites starts to accept Bitcoin directly? Let's take Amazon as a example : According to Amazon, there are now over 2 million sellers worldwide, which account for over 40% of the total units sold on Amazon. {Jan 5, 2015} < I know Bitcoiners can buy from them via Purse.io, but for this debate, we want to know what the impact on the price would be, if they can buy directly with Bitcoin >
Amazon accepts Bitcoin directly ==> Price will go up to $1500 ?
In the second quarter of 2016, eBay reached 164 million active users. Most of these stats are a bit sketchy, but for this argument, let's just say it is true. < http://expandedramblings.com/index.php/ebay-stats/ >
eBay accepts Bitcoin directly ==> Price will go up with another $1000 ?
Bitcoin could easily go up to $10 000 per Bitcoin if most of these eCommerce sites starts accepting it directly.
What is your estimate on the impact of mainstream eCommerce Bitcoin acceptance?
Amazon accepts Bitcoin directly ==> Price will go up to $1500 ?
In the second quarter of 2016, eBay reached 164 million active users. Most of these stats are a bit sketchy, but for this argument, let's just say it is true. < http://expandedramblings.com/index.php/ebay-stats/ >
eBay accepts Bitcoin directly ==> Price will go up with another $1000 ?
Bitcoin could easily go up to $10 000 per Bitcoin if most of these eCommerce sites starts accepting it directly.
What is your estimate on the impact of mainstream eCommerce Bitcoin acceptance?
nice said but this dont mean that "if" happen will be like that
for started i would say that it would be huge about of price change for that maybe 100-200$ per eCommerce but this is after all only speculatio
in any case scenario price can be same or jump even higher they you expected
If a large merchant is ever going to take a dive into the Bitcoin waters, then they will make use of a payment gateway such as BitPay to handle everything.
And to be honest, I think it will put a massive amount of pressure on the price if they going to move their products at high volumes.
Everything will be converted to fiat in an instant as they don't want to deal with the volatility of Bitcoin that in potential can make them lose a considerable amount in a short time.
The only impact on the price will be from traders getting excited and that will result in a peak which may or may not last long. But nothing above the $1000 range.
And to be honest, I think it will put a massive amount of pressure on the price if they going to move their products at high volumes.
Everything will be converted to fiat in an instant as they don't want to deal with the volatility of Bitcoin that in potential can make them lose a considerable amount in a short time.
The only impact on the price will be from traders getting excited and that will result in a peak which may or may not last long. But nothing above the $1000 range.
It depends greatly on what these giants do with all those incoming BTC. If they're just selling those BTC again to make the payments to merchants in conventional fiat money, it wuld just create large sell orders and it may actually make no difference to price, or even bring it down a bit.
Real price increase can happen if these BTC go to merchants and they start accumulating those coins instead of just selling them for fiat.
Real price increase can happen if these BTC go to merchants and they start accumulating those coins instead of just selling them for fiat.
I think bitcoin price will only rise again if there would be that many stores that are accepting bitcoin as payments and mining would be back into a profitable one. It would also depend on the buyers and sellers of bitcoin. It is also base from the currency that we're using daily. Like for example if the dollars price is low, bitcoin price is also low as well.
One of the bigger eCommerce sites starts to accept Bitcoin directly? Let's take Amazon as a example : According to Amazon, there are now over 2 million sellers worldwide, which account for over 40% of the total units sold on Amazon. {Jan 5, 2015} < I know Bitcoiners can buy from them via Purse.io, but for this debate, we want to know what the impact on the price would be, if they can buy directly with Bitcoin >
Amazon accepts Bitcoin directly ==> Price will go up to $1500 ?
In the second quarter of 2016, eBay reached 164 million active users. Most of these stats are a bit sketchy, but for this argument, let's just say it is true. < http://expandedramblings.com/index.php/ebay-stats/ >
eBay accepts Bitcoin directly ==> Price will go up with another $1000 ?
Bitcoin could easily go up to $10 000 per Bitcoin if most of these eCommerce sites starts accepting it directly.
What is your estimate on the impact of mainstream eCommerce Bitcoin acceptance?
Amazon accepts Bitcoin directly ==> Price will go up to $1500 ?
In the second quarter of 2016, eBay reached 164 million active users. Most of these stats are a bit sketchy, but for this argument, let's just say it is true. < http://expandedramblings.com/index.php/ebay-stats/ >
eBay accepts Bitcoin directly ==> Price will go up with another $1000 ?
Bitcoin could easily go up to $10 000 per Bitcoin if most of these eCommerce sites starts accepting it directly.
What is your estimate on the impact of mainstream eCommerce Bitcoin acceptance?
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