Bitcoin price and actions to raise it - page 4.

Mauser

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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?

I think the interest for bitcoins is still strong right now, it's just that people are very unsettled about the uncertainty of the next 6 months. There are so many issues the world faces that makes investing unpredictable. The Russia Ukraine war is still going on with no end insight, economic growth is slowing down world-wide due to rising inflation and the covid pandemic might still not be over. Without these issues the bitcoin price would be much higher with many investors buying instead of selling.
The most important thing the average bitcoin investor can do to stabilise the price is, not selling. Not giving into the selling pressure is already a big deal. Like this there is already less downward pressure on the price and also less supply for the short term traders who are looking for a quick profit. Right now the volatility is very high with prices jumping 5% in a single. Getting some more stability into the price would be could to calm nerves of the big investors. The second step would be to start buying when the price is below 30,000 USD.

justdimin

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Quote from: goldkingcoiner on June 08, 2022, 04:14:57 AM

I think that the problem is people who do not understand that Bitcoin never was and never will be in the hands of the government. Their regulations are a farce meant to scare the common person into following orders. The more people finally understand this, the bigger global Bitcoin adoption becomes.

It's a simple matter of time. Sooner or later the government will lose control of money, especially the manipulation of the value of money. That's decentralized freedom.

I agree that government is not really "controlling" bitcoin, they are just controlling what you can do with it and how you can use it which is still a problem. If a country bans ownership of crypto all together, they are not controlling crypto like that, but at the end we are talking about them not allowing you to have anything and you would be doing something illegal if you owned any.

Not really seeing any much improvement about it at all. I have to say that there is a good case to be made about that control being even worse than directly controlling it, because there is something out there which people use if they are from another nation, and you would be committing a crime if you did.

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Quote from: KaliLinux on June 09, 2022, 12:16:48 PM

What do you think were the previous awareness and offering that was put out to prompt the continuous increase in Bitcoins price after all the previous bear market circle? This is usually the case with some of us failing to understand that this current situation is part of the market but we only want to see upward trends which is not possible. Just chill and possibly enjoy the low price to buy more if you can and the market will take its full course.

It seems that the OP is very concerned about the bear market so far and is very much looking forward to the price going back up. Crypto trading is a tug of war that doesn't just move to one side, meaning you can't expect the price to keep going up without a change in trend. This is very unlikely, but you should try to convince yourself that the potential for bitcoin as an investment asset is still quite good in the future.

It is true that the bitcoin community is one of the reasons why bitcoin is valuable. If more people buy then the price will go up, but I don't think there is a need for any special action taken by the public to get people interested in bitcoin. People have realized that bitcoin is a valuable asset and a profitable investment asset, so try to stay calm and enjoy the fun.

KaliLinux

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

What do you think were the previous awareness and offering that was put out to prompt the continuous increase in Bitcoins price after all the previous bear market circle? This is usually the case with some of us failing to understand that this current situation is part of the market but we only want to see upward trends which is not possible. Just chill and possibly enjoy the low price to buy more if you can and the market will take its full course.

lenaza2022

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Quote from: dataispower on June 08, 2022, 03:33:12 PM

Quote from: ForMeritt on June 08, 2022, 03:49:14 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

This is already being done in a lot of places where crypto prices are displayed. even it seems like this has been done many times, I think we just need patience to wait it out, sooner or later it seems time will prove itself.

are you aware that each site of cryptocurrency platform will determine how bitcoin price will be sell to them, and at times it does not take the price of dollar rate or Euro rate, they conclude for their self according to the exchange rate of the site. When you talk of popularity of cryptocurrency, besides bitcoin has get it ground and has made it popularity with out the help of any other currencies, but the exchange of it with fiat currency is what is making it be recognized worldwide

I think this is a significant challenge. Therefore, for the beginning, the buyer and seller could determine the rate themselves by agreement for conducting significant transactions, fix the quantity and quality of the cryptocurrency, and conduct the transaction. For the beginning, it would be helpful to provide a platform so that the buyer and seller can meet each other.

lenaza2022

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Bitcoin is developing well. It took decades for new technologies such as the internet and mobile phones to become everyday tools and take their place in the development chain. They took their place because they were widely used. If the cryptocurrency lies as a store of value, then getting used to its use will be slow. This means that the application tools will also develop slowly, including changes in power structures to the use of crypto.

lenaza2022

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Quote from: South Park on June 08, 2022, 10:00:37 PM

Quote from: Yaunfitda on June 07, 2022, 05:33:49 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

Nah, unfortunately this is not a good approach, I know it's painful to see how slow the adoption is. But remember the market is barely 10 years old, so it doesn't need to be compare to stocks and other traditional markets that has existed for decades already. Let crypto grow in a natural course and process, just consider yourself lucky because you have been here as compare to others whose chances to have bitcoin is slim.

Agree, I know that people would like for the adoption of bitcoin to grow even faster than what we have seen during the last years, but bitcoin is moving at an amazing speed, even key technologies of this era like the Internet and mobile phones took decades to be widely adopted, so it is natural that bitcoin is also taking its time, especially if we consider the fact that some of the most powerful entities around the world are opposed to this scenario.

Powerful entities use all their resources to pursue the course of development they want. Supporters of bitcoins have essentially only the Internet. Therefore, we can use this platform (sites) to secure the position of bitcoin and cryptocurrencies. The number of sites will determine the popularity of cryptocurrencies. The adoption of cryptocurrencies by powerful entities will happen when most people will treat crypto as a regular tool

lenaza2022

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Quote from: Minecache on June 08, 2022, 10:23:26 PM

Quote from: Yaunfitda on June 07, 2022, 05:33:49 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

Nah, unfortunately this is not a good approach, I know it's painful to see how slow the adoption is. But remember the market is barely 10 years old, so it doesn't need to be compare to stocks and other traditional markets that has existed for decades already. Let crypto grow in a natural course and process, just consider yourself lucky because you have been here as compare to others whose chances to have bitcoin is slim.

In fact, the cryptocurrency is doing very well, even outperforming. The only obstacle that crypto is facing I think is the government, they are trying to control and don't want the cryptocurrency to grow because it threatens the power and interests of the government. But with the rapid development and superior technology, sooner or later they have to accept, maybe not completely but there will be some aspects.
We here are said to be the pioneers of the bitcoin revolution, so try to seize the opportunity before it hits the whole world.

One of the reasons why the government will accept certain aspects of cryptocurrencies is the popularity of cryptocurrencies among the people. Sites are a place to promote and demonstrate that cryptocurrency is popular. Crypto is a digital product, and websites are a digital platform, adaptive and rapidly changing. It will take time for adoption for all sides.

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Quote from: Yaunfitda on June 07, 2022, 05:33:49 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

Nah, unfortunately this is not a good approach, I know it's painful to see how slow the adoption is. But remember the market is barely 10 years old, so it doesn't need to be compare to stocks and other traditional markets that has existed for decades already. Let crypto grow in a natural course and process, just consider yourself lucky because you have been here as compare to others whose chances to have bitcoin is slim.

In fact, the cryptocurrency is doing very well, even outperforming. The only obstacle that crypto is facing I think is the government, they are trying to control and don't want the cryptocurrency to grow because it threatens the power and interests of the government. But with the rapid development and superior technology, sooner or later they have to accept, maybe not completely but there will be some aspects.
We here are said to be the pioneers of the bitcoin revolution, so try to seize the opportunity before it hits the whole world.

South Park

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Quote from: Yaunfitda on June 07, 2022, 05:33:49 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

Nah, unfortunately this is not a good approach, I know it's painful to see how slow the adoption is. But remember the market is barely 10 years old, so it doesn't need to be compare to stocks and other traditional markets that has existed for decades already. Let crypto grow in a natural course and process, just consider yourself lucky because you have been here as compare to others whose chances to have bitcoin is slim.

Agree, I know that people would like for the adoption of bitcoin to grow even faster than what we have seen during the last years, but bitcoin is moving at an amazing speed, even key technologies of this era like the Internet and mobile phones took decades to be widely adopted, so it is natural that bitcoin is also taking its time, especially if we consider the fact that some of the most powerful entities around the world are opposed to this scenario.

dataispower

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Quote from: ForMeritt on June 08, 2022, 03:49:14 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

This is already being done in a lot of places where crypto prices are displayed. even it seems like this has been done many times, I think we just need patience to wait it out, sooner or later it seems time will prove itself.

are you aware that each site of cryptocurrency platform will determine how bitcoin price will be sell to them, and at times it does not take the price of dollar rate or Euro rate, they conclude for their self according to the exchange rate of the site. When you talk of popularity of cryptocurrency, besides bitcoin has get it ground and has made it popularity with out the help of any other currencies, but the exchange of it with fiat currency is what is making it be recognized worldwide

Gyfts

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Quote from: bitmover on June 07, 2022, 06:12:11 AM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

I feel that Bitcoin became much more like a commodity than a currency for most people, investors and the mainstream media. Although we in bitcointalkuse it as a currency , that is not the reality for most people.

This is true, especially within the context of high inflation effecting most of the developed world. But, I don't see that as an issue.

Bitcoin is bifunctional - as a currency and as a commodity. There isn't a problem with someone using it day-to-day in place of fiat currency nor is there any issue with someone holding for long term because both uses increase the amount of Bitcoin users. You might even make the argument that holders that don't put their crypto in circulation could increase the price by lowering the supply. Perhaps not something that has any large scale impact on the price, but one can hope.

Fortify

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

The market cap of Bitcoin is currently around half a trillion dollars, so chances are there is little you can do money-wise to move it much. There are already thousands of sites out there offering pricing information and you don't really need any more sources for it - coinmarketcap already offers a pretty solid source for this information. Making it more accessible to the average user, so they don't have to sign up with obscure exchanges that they might not trust is the biggest step and Paypal helped that greatly yesterday. If they allow you to move Bitcoin to external wallets without selling back to them, then they are going to intrigue a whole new audience with that freedom.

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

Unbeknownst to you the bitcoin community is by far growing bigger than ever, you can't just judge the number of users on this forum to determine it but you have to look at something that doesn't seem to be moving but keeps flowing in its circulation and that's those who just take advantage of the market without any activity on the forum.

There are plenty of holders out there who just sit back and enjoy the price volatility without thinking much about how it should be upgraded, modified, managed and so on. This is what makes me call that you don't have to worry about how this news about bitcoin spreads and get more interest from outside.

Asiska02

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Bitcoin prices has been everywhere for a while now. Many websites and exchanges display the current market price of it. There’s a need to create more awareness about it using other methods too but this is already done before now. Lack of educational background on bitcoin has made many people join without reaping any benefit and at the end left disappointed. The need for an intensive learning about bitcoin is needed before newbies should join as it is important for them, it can add value to the market by buying and holding instead of selling always when there’s a market shift in price.

justdimin

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

Honestly, it is already quite good and going up, we do not even need new people neither, just the people we have right now and their money would be enough. Like for example if you focus on just the fact that crypto is something that would be less and less available because people will buy and hold, and the remainder of bitcoin will be traded between traders, the price will eventually go up with that idea.

And this is literally zero new money going into bitcoin and still rising if you wait long enough, this is getting faster whenever new money goes into bitcoin as well and that is why I believe that it is quite a good important deal for everyone to realize bitcoin will always go up in the long run.

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

Crypto will become popular when its users start to realize its pros and cons. What you are trying to do is propaganda and it does not work in the long run. When a person understand that using crypto is easy and safe, then only they will start using ti regularly.

I think the internet has contributed a lot of the growth of crypto for now, beyond this one a more personal level, we bitcoin users should start teaching those who are willing to use crypto about the good and bad and how the vision of Satoshi has been to change the economy. Just dont end up as a tinfoil hat in your neighborhood trying to do this.

Trading bitcoin as always been a sort of debate on the tax issue, many countries are still not clear about it while others ask for exuberant taxes. Altcoin trading should be minimized which seems to draw the young blood away from bitcoin.

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Quote from: TheNineClub on June 07, 2022, 01:06:35 PM

Quote from: lenaza2022 on June 07, 2022, 04:15:47 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. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

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.

I don't think tje future of BTC (and crypto) is in the hands of the individual, rather governments and bigger players because their addoption (or lessening of regulations / finding a middle ground) is what can push it through to the next stage, so us little people have done their part (more or less) and now we need to see how all this unfolds.

I think that the problem is people who do not understand that Bitcoin never was and never will be in the hands of the government. Their regulations are a farce meant to scare the common person into following orders. The more people finally understand this, the bigger global Bitcoin adoption becomes.

It's a simple matter of time. Sooner or later the government will lose control of money, especially the manipulation of the value of money. That's decentralized freedom.

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Quote from: lenaza2022 on June 07, 2022, 04:15:47 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.

This is already being done in a lot of places where crypto prices are displayed. even it seems like this has been done many times, I think we just need patience to wait it out, sooner or later it seems time will prove itself.

bittraffic

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I think the thread is related to the St. Louis Federal Reserve which they ridicule the BTC while putting the price of eggs in BTC. This is to show to the people how volatile Bitcoin is. While its true. Its also showing how the free market works. Below is how the article tried to portray how people should see it.

Quote

https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
The price fluctuates quite a bit, between 2829 and 6086, which is much more than it did for the U.S. dollar price. Plus, you’d need to add a bitcoin transaction fee, which has been about $2 lately, but which can spike above $50 on occasion. Hopefully, if you were making this purchase with bitcoin, you’d put many many more eggs in your basket.

Topic: Bitcoin price and actions to raise it - page 4. (Read 1168 times)