Topic: How you can Increase the value of Bitcoin (Read 3094 times)
I think the more we can inform people about Bitcoin and it's uses and benefits, the more likely it is to succeed. Many people just don't know how it can be used yet and most don't even know that it is still around and thriving.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.I dont see the reason why the price will skyrocket if Satoshi burn his million BTC. At this point, the coins is idle, so basically it is out of the in the market circulation, burning the coin does not change anything except making it permanently out of the market. But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
nothing if one person can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price
For me, you cannot change the value, you cannot do anything for the value of a certain money or bitcoin. You cannot also predict the value whether it can grow high, or rise its own value. We cannot see what will happen for the value of a bitcoin, if it is goes high, next day, or next week it will goes down.
The Topic is about the discussion to try and increase the whole value of the Bitcoin, Not just the present rate. If you the current situations and be updated with the news every day then you can can predict whether the price is going high or getting low.
nothing if one person can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price
For me, you cannot change the value, you cannot do anything for the value of a certain money or bitcoin. You cannot also predict the value whether it can grow high, or rise its own value. We cannot see what will happen for the value of a bitcoin, if it is goes high, next day, or next week it will goes down.
In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.Short effects, on the long run one person woun't matter at all.
Currently a whole team, not a person. The current picture is looking more so like two teams, diverging into slightly different directions, not that good! End of 2017 some sort of democracy will kick in either activating Segwit or just let it time out, which would be the wrong decision in my mind. Not for Segwit's purpose, but for change and progress still beeing imaginable.
But I am sure they will not keep on blocking for ever. The time will convince them to adopt new changes for better system with better value. It is a usual problem in all open source systems, but bitcoin got like minded devs to contribute for smooth progress all the times.
In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.Short effects, on the long run one person woun't matter at all.
Currently a whole team, not a person. The current picture is looking more so like two teams, diverging into slightly different directions, not that good! End of 2017 some sort of democracy will kick in either activating Segwit or just let it time out, which would be the wrong decision in my mind. Not for Segwit's purpose, but for change and progress still beeing imaginable.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.I dont see the reason why the price will skyrocket if Satoshi burn his million BTC. At this point, the coins is idle, so basically it is out of the in the market circulation, burning the coin does not change anything except making it permanently out of the market. But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.I dont see the reason why the price will skyrocket if Satoshi burn his million BTC. At this point, the coins is idle, so basically it is out of the in the market circulation, burning the coin does not change anything except making it permanently out of the market. But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.
just having a big amount of btc, would allow you to modify btc prices, btc price is managed by market, the amount of of btc buyed and selled reflects on btc prices, that 's why the speculations about what would happen if satoshi releases the btc that he should have..
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
That might not impact much but that will be a start. If everyone here in the forum starts promoting Bitcoins to their friends and family then definitely it will impact on the value of the Bitcoin.The rate is stabilized now and it's the season to start fresh so Promoting now would be a good idea to increase the overall value of the Bitcoin.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
That might not impact much but that will be a start. If everyone here in the forum starts promoting Bitcoins to their friends and family then definitely it will impact on the value of the Bitcoin.The rate is stabilized now and it's the season to start fresh so Promoting now would be a good idea to increase the overall value of the Bitcoin.
Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
That might not impact much but that will be a start. If everyone here in the forum starts promoting Bitcoins to their friends and family then definitely it will impact on the value of the Bitcoin.The rate is stabilized now and it's the season to start fresh so Promoting now would be a good idea to increase the overall value of the Bitcoin.
The worst situation is that some of them may even believe that Bitcoin is evil and have some relationship with multi-level marketing AKA stupid ponzi scheme. That's why I never want to talk about Bitcoin with my friends or family
It is common when we are approaching some new people regarding money related things, surely they will doubt about multilevel marketing or as ponzis. We must have patience to convince them by explaining the features of bitcoin. We should not run away due to this.Moreover, investment opportunity of bitcoin is not the only thing. We can use bitcoin for easy internet transaction. If we explain the other benefits except investment opportunities, I guess they will easily spread bitcoins to have more value for bitcoins.
We can increase the value of bitcoin by introducing the purpose, importance and the use of bitcoin. In my country, not all people here are knows bitcoin well. Means bitcoin is not that popular, they dont know whAt is bitcoin though. So, by introducing bitcoin to people here we can get to increase the value. By means of buying bitcoin, we can exactly increase the value of its price.
yes i agree, i think it is the responsibility of every bitcoin users to introduce bitcoin to his friend his neighbors and his family. i think it will be more valuable if we introduce to shopkeepers and other big trader, because they start using bitcoin for their business then it will be more valuable. and in this way the value of bitcoin will increase. so we can conclude the the value of bitcoin can be increase by increasing the number of bitcoin users. 
most of them do not want to learn new things or new technology.
I'm not ready to accept this fact, it is highly dependent on what level of people you will be approaching. If they are talking to literate people then surely they will be showing interest on new things and new technologies.The worst situation is that some of them may even believe that Bitcoin is evil and have some relationship with multi-level marketing AKA stupid ponzi scheme. That's why I never want to talk about Bitcoin with my friends or family
It is common when we are approaching some new people regarding money related things, surely they will doubt about multilevel marketing or as ponzis. We must have patience to convince them by explaining the features of bitcoin. We should not run away due to this. 
Maybe as an individual the best thing that I can offer to increase the value of bitcoin is to refer bitcoin to all of my friends and relatives.
I believe that increase in demand would increase the value of bitcoin especially when people invest in it and use bitcoin in a way of buying something at any merchant that accepts bitcoin.
It is not easy to refer someone about Bitcoin because most of them do not want to learn new things or new technology. The worst situation is that some of them may even believe that Bitcoin is evil and have some relationship with multi-level marketing AKA stupid ponzi scheme. That's why I never want to talk about Bitcoin with my friends or family I believe that increase in demand would increase the value of bitcoin especially when people invest in it and use bitcoin in a way of buying something at any merchant that accepts bitcoin.
Yes, spreading out bitcoins for moving toward mass adoption would be the possible way every individual can do to increase the value of bitcoins. When we are creating demand for bitcoin, obviously will be getting higher values.
There are scam coins that are still getting attention. Imagine that? You can create a fake cryptocurrency, hype it up, and people would buy it. The demand would increase. Hyping something up is the way to go if you just want to increase the value of something. Look at the products that famous celebrities advertise. Since they have a lot of followers, people buy it. They think that it's the incoming social trend so they buy it even before it becomes the new thing. If these famous celebs would advertise bitcoins, it would create a hype as well. I'm still wondering as to why is there none of them that's strongly supporting bitcoins.
Jump to: