Bitcoin price and actions to raise it

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: landheer on July 25, 2022, 12:06:00 AM

I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

A family member investing in Bitcoin is expected to be a small cap investment, unless you belong to one of the richer families of this world, which is an exceptional case. There are smaller investments which make a difference but raising the price may not the possible through it.

I appreciate the fact that you are trying to get more people into crypto but that won't raise the price in a short term but long term only.

The bigger whales make their moves but you have to be patient for that to happen. Currently the price is trying to cross the resistance levels so expect higher prices soon and a good time to sell.

yohananaomi

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Quote from: landheer on July 25, 2022, 12:06:00 AM

I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

I think maybe what you say can be true mate, but is the indication of an increase only from one side how many people do you inform to want to invest in bitcoin? I think there are still many sides that can make bitcoin increase.
there are many influences that can be an indication that bitcoin can increase, not just how many want to invest but how many are willing to do not sell bitcoin to the market and want to hold, I think one indicator too. because in a sluggish market situation everything can become unnatural and excessive fear.

Joswa Russell

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Bitcoin price has already started increasing and moreover there is no way that bitcoin will die. I find bitcoin is already the talk of the area where I live. If you are thinking of promoting bitcoin on a wide platform I think starting a YouTube channel or blog or an IG page would be appropriate.

landheer

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I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

virasisog

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Quote from: UmerIdrees on July 23, 2022, 10:50:54 AM

Quote from: ChrisPop on July 18, 2022, 02:12:23 PM

If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...

Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...

offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative!
simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution

Bitcoin is not legal yet in most countries including mine, so it is not possible to accept bitcoin in our business otherwise we may have to face legal issues. However, I will continue to tell my family and friends about the benefit of bitcoins and how bitcoin can change our lives once it is considered as a legal tender in the country. Unfortunately, we can't do much in legalizing bitcoin and crypto but we can still play our part in educating people about bitcoins.

Spreading awareness about how Bitcoin could benefit us with our friends, family and colleagues would be the best thing that we can do. Some people are still clueless about how Bitcoin works so sharing it with at least a few people will definitely have big impact in Bitcoin in the future. Despite the restrictions and banning of Bitcoin in your country, the fact that you're sharing knowledge and information to your friends and family will definitely impart a good thing in the future value of Bitcoin.

SirLancelot

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Why so serious? Btc isn't dying mate but we are just in a bear market right now. That is why the price of all cryptos including btc are now dumping but btc have showed some great improvements lately. Its price now is at 22k but before it was under 20k and then recovered and stayed at 20k for many weeks. No matter how hard you try to raise the bar, there will always be times that the price will go down like this. For now what you can do is just sit and relax because btc can just rise when the time right time comes.

Quote from: lenaza2022 on June 07, 2022, 05:15:47 AM

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies.

You mean a site where it compares the price of local currencies and cryptos? But, I don't think it will help crypto to become more popular or will get more in demand but a site like that can be useful.

UmerIdrees

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Quote from: ChrisPop on July 18, 2022, 02:12:23 PM

If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...

Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...

offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative!
simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution

Bitcoin is not legal yet in most countries including mine, so it is not possible to accept bitcoin in our business otherwise we may have to face legal issues. However, I will continue to tell my family and friends about the benefit of bitcoins and how bitcoin can change our lives once it is considered as a legal tender in the country. Unfortunately, we can't do much in legalizing bitcoin and crypto but we can still play our part in educating people about bitcoins.

Hypnosis00

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Quote from: BobK71 on July 23, 2022, 07:39:11 AM

Quote from: lenaza2022 on June 07, 2022, 05:15:47 AM

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest.

I don't think any kind of advertisement is needed to increase BTC. If people know what is BTC, How it works and why we need it, then the price will skyrocket automatically. Moreover, those who are consider btc as trading activities they always concern about the price. But the purpose of BTC is just for trading? No, It has various uses-case. It will be difficult to predict where the value of BTC will go if people become aware of it.

* for trading
* as an investment
* as a long-term asset

You certainly be thinking how it is possible this will grow big when it is all just about these things and stuff. Honestly, that is really hard but why we have witnessed such a huge growth in its price? And this is because people value Bitcoin more than these things and pulling the demand high makes the price shoot up. And this gives courage and interest to the community to step in and take their journey in the crypto world.

BobK71

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Quote from: lenaza2022 on June 07, 2022, 05:15:47 AM

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest.

I don't think any kind of advertisement is needed to increase BTC. If people know what is BTC, How it works and why we need it, then the price will skyrocket automatically. Moreover, those who are consider btc as trading activities they always concern about the price. But the purpose of BTC is just for trading? No, It has various uses-case. It will be difficult to predict where the value of BTC will go if people become aware of it.

TheUltraElite

legendary

Activity: 2898

Merit: 1253

So anyway, I applied as a merit source :)

Quote from: Ebede on July 18, 2022, 07:09:12 PM

When the price of Bitcoin goes up it's for the benefit of everybody who is investing in cryptocurrency so the benefits of everyone is determine for the increment of cryptocurrency. And i have were some make this claims before and i think the person is right

The benefit is in selling bitcoin you get a bigger return than what you would get if you were to sell at a lower price. Now why would bagholders try to raise the price on their own? For their own gains obviously and therefore this is bad for the market - the prices will rise and drop suddenly because of an inorganic orchestration.

On the other hand, spreading awareness about crypto and making your close friends learn about it when they become interested in it gives a slow but organic growth to the price which will be sustained.

So I dont think a single thread about why people are doing to raise the price will do its job, it is a continuous long drawn process.

Ebede

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Join hands and help me to grow everybody...

Quote from: sklopan on June 24, 2022, 11:22:32 AM

I even wondered why now they are not making any decisions to raise the price? I think the answer is quite obvious - such a price is very beneficial for someone.

When the price of Bitcoin goes up it's for the benefit of everybody who is investing in cryptocurrency so the benefits of everyone is determine for the increment of cryptocurrency. And i have were some make this claims before and i think the person is right

ChrisPop

legendary

Activity: 2310

Merit: 1033

Not your Keys, Not your Bitcoins

If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...

Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...

offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative!
simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution

kamvreto

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Quote from: Thara20 on July 18, 2022, 08:58:57 AM

It could be challenging to accept how slowly adoption of bitcoin and cryptocurrencies has been. It's essential to allow cryptocurrency to develop according to its natural progression and pace.

We are just in a bear market right now. If you observe, Bitcoin's prices in 2017 was succeeded by a prolonged low, then two sharp increases and downticks through 2021. The present scenario is actually a great opportunity for investors to dive in.

But need to be reminded again, before entering bitcoin you have to do analysis and research, without doing that you will not know what you are doing. At your own risk, there is no guarantee.
Bearish market as it is currently there are many possibilities that can happen, the bear market can continue to survive, or soon enter a bullish market.
Some bitcoin adoption is done, but some of them don't support bitcoin either.

Thara20

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It could be challenging to accept how slowly adoption of bitcoin and cryptocurrencies has been. It's essential to allow cryptocurrency to develop according to its natural progression and pace.

We are just in a bear market right now. If you observe, Bitcoin's prices in 2017 was succeeded by a prolonged low, then two sharp increases and downticks through 2021. The present scenario is actually a great opportunity for investors to dive in.

Smack That Ace

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Assalamu Alekum

Quote from: BobK71 on July 17, 2022, 11:56:29 PM

Quote from: lenaza2022 on June 07, 2022, 05:15:47 AM

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

It is better to let it go naturally. There is no place for anything artificial here. Because Bitcoin is no longer in a limited area now it is used all over the world. It also known as the world's only global currency. Moreover, Bitcoin is no longer a currency for people, it is now considered as a valuable asset in peoples life. Traditional markets have survived for centuries, Bitcoin is relatively little to establish itself. I believe one time it will be ahead of all others.

As OP mentioned, creating a website like this won't increase bitcoin's popularity. There are already so many sites like this, we need to create something new and innovative and groundbreaking idea.

We don't have to do anything, bear markets are part of markets, let them happen and they will end naturally. We should focus on our bitcoin pockets, how to fill the pockets during this bear season as much as possible and hold until the bear season is over and when the bull season comes, we will reap great rewards.

BobK71

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Quote from: lenaza2022 on June 07, 2022, 05:15:47 AM

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

It is better to let it go naturally. There is no place for anything artificial here. Because Bitcoin is no longer in a limited area now it is used all over the world. It also known as the world's only global currency. Moreover, Bitcoin is no longer a currency for people, it is now considered as a valuable asset in peoples life. Traditional markets have survived for centuries, Bitcoin is relatively little to establish itself. I believe one time it will be ahead of all others.

cryptomaniac_xxx

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Quote from: lenaza2022 on July 07, 2022, 01:28:23 PM

Is it still possible to create such an infrastructure in which bitcoin will not fall below a certain level?

No, it's not like Stock market wherein there is a certain authority. The infrastructure is that we have different exchanges competing around, and then we have speculators, whales, buyers and sellers around the globe, 24x7x365. So there's no means or no one can stop as whether he wanted to buy and sell his bitcoin in the market. It might be whales that can affect the price or just ordinary retail investors like the majority of us here.

danadc

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The actions that have been seen are few, we have that the media will never be pro bitcoin, on the contrary, they do and undo with various news, in the country that I am, the merchants when the price of bitcoin falls they seek to sell it quickly, sometimes I need money to buy, but I think it's a bargain, paying with dollars per BTC for me is one of the best deals and it's better than saving in a bank. The biggest action I've seen is a buying whale after it hit $19,000, I saw there was a lot of buying.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: lenaza2022 on July 07, 2022, 01:28:23 PM

Is it still possible to create such an infrastructure in which bitcoin will not fall below a certain level?

Bitcoin is traded by its users all over the globe, all through out the day. It is not an asset controlled by any central authority to regulate its price. Rather the price is kept in motion by its traders. Hence the very thought of such a question shows that your knowledge about bitcoin and how it works is pretty weak.

What you can have is Support/Resistance levels but these are not absolute and these are not permanent. They break and consolidate when the market closes in on them. They are only indicators of certain levels.

If you want, you can create a pump and dump group just another hundred others out on the network. But it solves nothing. Prices will rise and fall - that is what speculative trading is for.

lenaza2022

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Is it still possible to create such an infrastructure in which bitcoin will not fall below a certain level?

Topic: Bitcoin price and actions to raise it (Read 1100 times)