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Topic: Will privacy and merchant adoption fuel the next price rise? - page 2. (Read 1541 times)

newbie
Activity: 70
Merit: 0
I also think that Merchant adoption is the best thing for bitcoin price rise. But the main problem is it will take much time from my opinion. The price fluctuations is the main problem behind it.
newbie
Activity: 84
Merit: 0
Yes what you have said is highly aggreable. We did not need ETF in the past and even now the market is going fine without it. We should really stop fussing about ETF and concentrate more on the current coins who are doing quite well in the market.
newbie
Activity: 74
Merit: 0
It looks like you are right that we have missed this cycle. I don't know what is the main reason behind it, but postponing the ETF could be the one. I hope we will see expected scenario next year.
member
Activity: 317
Merit: 11
Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?
i dont think so, move up or down is depend on the market maker aka big fish.
newbie
Activity: 41
Merit: 0
It is obvious that merchant adoption is going to affect the price rise. There is no doubt about it. But the problem is it’s not looking possible to be happening soon as we don’t see any big initiatives regarding this
newbie
Activity: 31
Merit: 0
I agree with your statement. Yeah it is possible to fuel the price by these two things.  Specifically I believe merchant adoption is looking more effective to increase the price rise
newbie
Activity: 58
Merit: 0
If I consider privacy and merchant adoption then I would say privacy can be a factor too in coming times. And talking about merchant adoption, I believe everyone will agree with its potentiality
newbie
Activity: 218
Merit: 0
it is really hard to assume anything here but if you analyzed the market then it will be easy for you to make a sure decision,  but as far I know I think it  will do quite well in the future
newbie
Activity: 122
Merit: 0
Well ... logically, for a price increase, you need some positive event. This is a very good event. Therefore, why not raise the price?
Of course, this will not be a 100% probability of a positive outcome of the events. However, it is quite possible that the price can really rise a little ... but global growth is unlikely to happen ... this will not be enough.
legendary
Activity: 3248
Merit: 1402
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Will the current enhancements arrive in time to fuel the next parabolic price increase?
I think this is exactly what bitcoin needs. All these traders, holders and ICO investors are making the wrong impression about cryptocurrencies. They were created as an alternative to fiat, something to help with transactions and huge banking fees (especially when we are talking about cross-border payments). Merchants should accept the main cryptocurrencies as payment and people will finally be able to use them as money, not as assets. We don't need ETF, we need the world where we can earn money in cryptos and spend it in cryptos without turning to fiat.
full member
Activity: 448
Merit: 102
we will see the results when the SEC gives a good decision for the ETF, does it create an increase or not change and the volatility continues to spin short?

during correction and bearish, bitcoin always gives us fake hopes, so I think the crypto world is full of unclear speculation.
newbie
Activity: 64
Merit: 0
I also think that the rise of Bitcoin's price depends mostly on the popularity wich will be given by adoption by merchants and people overall that will be able to buy more and more things with BTC.
legendary
Activity: 1904
Merit: 1074
Just forget about ETFs, because that will never happen. There is nothing that "new" applicants can do about global price

manipulation and that is what the SEC want to be solved, before they allow Bitcoin ETF's. We will just have to rely on natural

adoption growth and also adoption of the Light Network in mainstream applications and also ecommerce. The SEC thing just

gave people hope and that was over sold by the mainstream media.  Roll Eyes
newbie
Activity: 60
Merit: 0
True, ETFs are not fuel for the next bitcoin price increase. but rather leads to panic triggers if the decision is not what they expected even though the possibility is very small
newbie
Activity: 60
Merit: 0
I agree with you. Increased amount of marchant adoption is the root cause of all this. If it is not caontained there will issues.
newbie
Activity: 56
Merit: 0
Marchant adoption always been a reason for the increase of market coin prices. If they are not controlled the economy of the market will fall into imbalance.
newbie
Activity: 306
Merit: 0
Marchant adoption is making the price margin go higher at least at 10% rate. If this continues the ongoing market value of each tokens will be at loss.
full member
Activity: 728
Merit: 130
I think that when buying something for cryptocurrency, the sales will be converted. I think the popularization of cryptocurrency as a method of payment depends on how many people will want to pay in this way.
member
Activity: 420
Merit: 10
Everybody is talking about ETFs, but I don't believe that they will be the fuel for the next price rise. As Bitcoin moves further towards being a store of wealth, and merchant adoption increases as secondary services like the lightning network stabilise, they seem more likely to trigger the increase in value. The price of Bitcoin seems to be cyclic, and to add a zero to the price every two years. I think we have missed the chance in the current cycle, but the one due in the summer of next year looks to be on target. Will the current enhancements arrive in time to fuel the next parabolic price increase?


Its either way, a price increase or  a price decrease. It depends How they consider things. If the merchants adopting Bitcoin as mode of payments  or exchange products or buying  products to sell . How they consider  the  price of commodities in this situation .  If the  price  of Bitcoin is so high , is  that the price of commodiity is also high?  What  If the price of Bitcoin is Very low?  So all we gonna get is all price increase.
newbie
Activity: 56
Merit: 0
i agreed with you. this is so true. blockchain technology need more improvements.If blockchain technology able to improve itself, the price will be pumped up.It is sure that, investor expect a secured and good future of technology.
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