<<  >> (p.2)
    Author Topic: At what point will the backlog of unconfirmed transaction affect BTC price?  (Read 1823 times)
    Karpeles
    Legendary
    *
    Offline Offline

    Activity: 1162
    Merit: 1000


    View Profile
    May 19, 2017, 05:06:33 AM
     #21

    The price will be affected if the user base is affected. Since it is low now and people usually don't use it for daily purchases, the effect on the userbase will be minimal, and so in the price, specially if the bull run continues.

    Most people that entering now uses bitcoin as investment, or are just testing the waters, so they bitcoin don't leave the exchange, or only go for their personal wallets.

    If a considerable amount of people start to receive payments in Bitcoins and buy stuff/sell it for FIAT, then there will be a problem, but right now it is not happening, bitcoin now is bought with spare money
Page 1
Viewing Page: 2