Topic: How Do we bring the value of BitCoins back up? - page 3. (Read 6414 times)

I agree withbitplane. (Online) casinos are a big industry, with big established players. Recently they have had a hard time because various countries forbid their citizens to use their debit/credit cards for gambling. It is difficult to get funds in/out of casinos. If BitCoins where widely accepted, I think it would show in value of BTC. Just like we saw with all the media hype around silkroad.

...or we can just sell all the bitcoins and try to make the price unreasonably low... if it doesn't kill bitcoin, people are likely to start buying it to become early adopters-2, thus growing a new bubble and soaring the price far beyond 32$/bitcoin.. though wouldn't be much fun to look at it having all bitcoins sold out cheap

kill everyone who wants bitcoin to go down in value!

Then, when they are all dead, we'll have only people who want the price to rise.

Then, we'll have to make sure they are not killed shortly afterwards.

The victor will have bitcoins, and nobody left to buy them. 

Why do you want the value of bitcoin to come up? Bitcoin should be used to pay things with, to buy things with and not as a speculation object, right? So who cares what the value is in dollars?

just spend a few coins on goods and services.... thats what gives them "worth".  If noone spent them and there was nothing to buy with them, then they would be worthless

hahaha Brilliant!! +1

Get to work! Thats the best way to bring it back up.

I have something good that you guys might like, it's a little idea called Bitwal.

It will be an instant payment system, with fraud protection, and charge-backs very similar to Paypal. I know alot of you here despise Paypal, but guess what normal people need the kind of services they offer. I know for a fact that this community has bright enough minds to come together and make something much more convenient, and affordable to use than Paypal.

I am willing to put my time and money where my mouth is. I am willing to organize a team of this magnitude but it is going to take bright minds coming forward and other investors taking some risk along with me. I have the Idea there, and it really doesn't take that much monetarily to make a reality, however it does take a serious amount of money, and some of the best profesionals to make Bitwal the standard for Bitcoin micro-payments.

Using Bitcoin for gambling is a good idea, the more people that use it as play money the better

No merchant is going to accept btc when people have confessed it's a gambling game, and given the horrific breaches of security bitcoin has. You know like mtgox being hacked and all the money in mybitcoin "being stolen".

It's easy to get impatient but there's so much development going on at the moment that I think is crucial to the BTC economy as a whole (as far as merchant apis/plugins and exchanges are concerned) and the economy should grow pretty well on it's own for the next year at least.

But really I think we need more merchants with competitive prices so people are compelled to buy and spend BTC to drive the price up.

Easy, tell other people that the bitcoin price is low, and that you're holding some long term, and if they're interested in to holding some long term too, offer to acquire and deliver some bitcoins for them.

It works for me - I deliver on paper wallets.

SolidCoins...

SCs?

Buy some SCs with BTC, then when SCs has 100%+ more value, sell them for BTC ;-)

we need to THINK BIG

Agreed.  Our marketing campaign is targeting newspapers and other mainstream media, to bring in new users to bitcoin.

Its not easy...
1) More poeple have to use bitcoins (buy stuff with bitcoins and then buy back bitcoins)
2) More sites have to accept, there are lost of site now a days... but there's still a BIG problem... these sites will accept bitcoins and then SELL the bitcoins they make right away, they need to do this to buy more supply for there sites since the suppliers they deal with DO NOT use bitcoins.

we need this situation in all bitcoin markets:

customer buys stuff with bitcoin
the bitcoin store buys its supply with bitcoins
the supplier pays employee in bitcoin!
this way the bitcoins are never sold for USD (or wtv) and they are never bought with $, they are earned from work.


if just 1 small county uses this currency... bitcoins will be worth a hell of a lot, of course you'd need to do a full days work to earn 1 BTC.

The the first county to do this switch will be fucking rich, because as more counties join in the value just keeps going up!

if a country uses nothing but bitcoins... they actually have a fighting change at paying back the loans from the banks!

if i was in power of a small country i would take a 1 billion $ loan from the bank to setup the infrastructure needed to use only bitcoins.
and then slowly pay back the loans.

the banks loan every dollar at interest!
bitcoins only cost what they are worth!

wake up and smell the bitcoins!

onesalt: Take a chill pill and help the Bitcoin economy while you are at it!

https://bitcointalksearch.org/topic/yourpharmacyin-pills-for-bitcoins-free-worldwide-delivery-16880

This kind of greed is the reason behind all the drama attached to bitcoin. $10 is a nice number by the way, makes calculations easy. I wish it could stay at $10 for half a year, it might lead to more confidence in actual trading of goods with BTC.

You can bring the value of BitCoins back up by inventing a time machine.