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Topic: Will privacy and merchant adoption fuel the next price rise? - page 3. (Read 1544 times)

sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
The ETF was never to be! You cannot mix two unmixable.

This is a quote from an article on why

But the agency indicated that its mission is designed to prevent fraudulent or manipulative acts or practices and to protect investors, and that they were concerned about fraud and manipulation of bitcoin, particularly since this is done in a largely unregulated offshore market. https://www.cnbc.com/2018/07/26/winklevoss-twins-bitcoin-etf-rejected-by-sec.html

At no time will there be a guarantee that blockchain will offer what this paragraph needs.

On the other hand, the privacy and merchant adoption are still not fully understood by many. For me, I keep my arms crossed.
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?
newbie
Activity: 50
Merit: 0
Nothing to disagree! it is right in terms of present time conditions. people come to invest in a secured in profitable sector. Blockchain technology improving enough. Expect all of that, a secured and good technology is must to attract investors.
newbie
Activity: 55
Merit: 0
I believe on your points. Marchent adoption is must, Most of the newcommers and new investor follow, senior level investor.so it can be said that, Marchents and tradesr inspire new traders and investor. and after all, a secured blockchain technology is must,that will help to soar up the price and so that it can make investor attractive in this sector,
newbie
Activity: 56
Merit: 0
It will rise blockchain is developed technology. There will be more features in block chain. The price is increasing day by day so it will pump up its next price value.
sr. member
Activity: 1162
Merit: 252
Marchant won't except because people don't spend there crypto . Believe me, I know all about it from running this cryptomarket place https://allforcrypto.com/ . There is no interest what so ever
newbie
Activity: 112
Merit: 0
Yes the price will increase in the next. The blockchain technology is developed and it has many updated features and the advantages is increasing day by day.
newbie
Activity: 84
Merit: 0
That's not easy to define surely which one directly influencr bitcoin to rise it's market value but this twos are really can felt good effect on bitcoin. And these will be fuel behind the rise of market value of bitcoin.
newbie
Activity: 126
Merit: 0
I think merchant adoption will cause a price spike of the next bitcoin price movement. Should the acceptance as a means of business deal transaction increases and couple with its security and privacy that comes with the network, we should see areal time price pump due to mass use-sage. 
full member
Activity: 1260
Merit: 100
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 hope the price of cryptocurrency will really rising in the near time, because currently it have a downtrend drastically.
ETF maybe not the cause of crypto falling price, but it could be used by some manipulators to dump their coins at the right moment.
But peoples still use bitcoin and cryptocurrency in their transactions, so crypto will rise back eventually.
newbie
Activity: 40
Merit: 0
Bitcoin ensure to avoid third party and now it's easy to make it fiat with usd or any local currency. So people who feel better with bitcoin. And many new investors invest on it recenly and that's why hopefully it's rise up again.
newbie
Activity: 54
Merit: 0
Marchant help to convert bitcoin to any local currency and it's marchant become user friendly and that's why many get interested about bitcoin and that's why there will be create a new opportunity to rise bitcoin's market price.
newbie
Activity: 70
Merit: 0
Although most ot the people think ETF is capable of making any changes. But I do not think so much as many people think. Because the change of Bitcoin prices is a normal process. As the price drops, it will rise again with a normal process.
newbie
Activity: 70
Merit: 0
There is no complete effect of ETF on Bitcoin price. But there can be one of the reasons for the price change of Bitcoin. In that case, my thinking about Bitcoin price fluctuation is that we can not estimate its price only depending on ETF.
legendary
Activity: 3080
Merit: 1500
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?

Neither ETF nor lightening network will help in increase the price in longer term. However, if you really want to see long term and stable growth, merchant adoption is the key!

Majority of the ETFs that were proposed to SEC were synthetic in nature. The only exception is Winklevoss ETF. Synthetic means no physical bitcoins will be purchased and stored, so no impact on the market. Winklevoss is still under consideration but I don't see much hope there.

LN is a technical upgradation of the network. Think logically, if there is no place to use your money, what will you do even with a billion dollars in your wallet? So LN is most likely not impact the price for long. A short impact will be there but that will not last long.

The only key to growth is merchant adoption. When bitcoin can be used directly for purchasing goods and services, people will realize the value of it. Otherwise it will just remain an underground currency and everytime you want to realize its value, an exchange to fiat will be needed. The change has already started but expanding at a very slow rate. It will take time, but will happen eventually. The day we will be able to buy our daily goods with bitcoin, we won't have to look back!
newbie
Activity: 40
Merit: 0
I think, depending on only in ETF there is less chance of increasing the price of Bitcoin. Because its price changes is a normal matter. Its price decreases for a specific period every year and then increases later.
newbie
Activity: 58
Merit: 0
you point out a logical thing. i agree with you. this etf decesion effect most in the price rise of bitcoin. sec should announced a decesion immediately.
legendary
Activity: 3024
Merit: 2148
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?

Yes, I believe that the last years rally was fueled by SegWit and Lightning, investors saw that Bitcoin is not stale and outdated and actually makes real and solid progress, unlike altcoins. So, any further improvements will also boost the price, plus we'll have a new halvening soon, so a new parabolic rally is very likely, although I don't expect it to be as big as the previous one (x20), the new ATH will probably be 50-60k.
jr. member
Activity: 98
Merit: 1
If we see blockchain technology has progress then the price will be increasing and make secure investment. it will be ensure profit because of the investor always hopes for a better future. they have trust of this technology.
newbie
Activity: 102
Merit: 0
There is a lot of benefits in the next revolution in blockchain technology. If we see blockchain technology has progress i think the price will be the pump. because people always hope for better on his technology.
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