Topic: Idea: How to increase bitcoin demand - page 3. (Read 3199 times)
Bitcoin is considered to many as an investment by several users in the global . At this moment Bitcoin is considered as an asset than currency it is something that people trade like stock or something that people exchange for goods and services anyway some think that Bitcoin will become a single currency in the future. The truth is that there is only 21 million of coins had been introduced and almost more than half of that is mined . To increase Bitcoin demand is not an easy thing since the price is not affordable for lay men if the price is decreased only people can buy and the demand will be increasing now a days the depreciation of demand is because people fear that Bitcoin is been stolen and that cannot be recovered since it is a decentralized one and the government or bank will not support for Bitcoin since they have no interference with the decentralized currencies.
This is simple and easy, Some of the people still don't aware of bitcoin Currency. So Aware people about this currency,
this is the only way to Make the demand high as possible.
this is the only way to Make the demand high as possible.
All we need is someone will trigger the pump like if the ETF products will be approve by the SEC or the big whales will play their game again. Once they will trigger the pump then i believe many people will be attracted to join again as mostly are just waiting for the bullish market to start.
Many holders hold the bitcoin only for the sake of expecting it to gain more value and profit than to use it as a unit of currency.
I always do a feedback whenever I purchase an item online. Although I know it is far from reality but atleast we already aware them that there is a new payment method that they can use aside from PayPal, Payeer and other online payment that is tied to fiat currency.
The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.
yeah right , those people are not dumb and for sure they are more knowledgeable than us when we are talking about cryptocurrencies . maybe they already scheduled the acceptance of bitcoin in their service , maybe they decided to start it next year ( 2019 ) but bitcoin isnt their priority of course . many people do also suggested about other known payment methods that are more legal than bitcoin/cryptos .
about increasing the demand of bitcoin , we can help by recomending it to our friends or family . doing a campaign on both online and offline can also be effective to spread awareness about bitcoin .
Cryptocurrency itself will make its own way, it doesn't need kicks. No need to speed up the natural course of events, because no one knows the consequences. What, for example, is the procedure for returning a cryptocurrency in case of refusal from the goods? In addition, payment in bitcoins will cost us much more than traditional payment methods.
I agree with you that the merchants will always want to satisfy the demands of their customers but don't forget that these merchants can politely communicate to you why a certain demand may not be met. Merchants want stable coins in order for them not to run into trouble.
The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.
yeah right , those people are not dumb and for sure they are more knowledgeable than us when we are talking about cryptocurrencies . maybe they already scheduled the acceptance of bitcoin in their service , maybe they decided to start it next year ( 2019 ) but bitcoin isnt their priority of course . many people do also suggested about other known payment methods that are more legal than bitcoin/cryptos .
about increasing the demand of bitcoin , we can help by recomending it to our friends or family . doing a campaign on both online and offline can also be effective to spread awareness about bitcoin .
The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.
Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.
It can be done by using site's feedback or contact us forms.
This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.
To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).
The more people do this the more demand for Bitcoin there will be.
Thanks to those who do that.
If you contacting the big existing marketplace, maybe you won't get any response.
Instead of that, we can ask to individual sellers whether they accept bitcoin or not. I am sure they will take a look to bitcoin.
Increasing a demand of bitcoin is not easy because there are many peoples don't believe bitcoin as a currency.
I am believe merchant will realize the potential of bitcoin or cryptocurrency and they will accepting crypto for payment. We can not dictate demand but we can hold our coin and selling at our target.
I am believe demand will grow if people aware that bitcoin is store of value too not just a digital currency.
I am believe demand will grow if people aware that bitcoin is store of value too not just a digital currency.
Well I don't really think that it would affect too much on the demand,
There are so many ways for the Bitcoin user to pay up for online shops.
But I guess another good publicity for Bitcoin would help.
There are so many ways for the Bitcoin user to pay up for online shops.
But I guess another good publicity for Bitcoin would help.
is it can increase the bitcoin demand by do that? i think it doesn't work 100% but you should try it, it is very hard to make demand of bitcoin increaing, because there are many people that dont believe in bitcoin anymore because in eraly of 2018 the price of bitcoin id dropping sharply
Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.
It can be done by using site's feedback or contact us forms.
This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.
To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).
The more people do this the more demand for Bitcoin there will be.
Thanks to those who do that.
Ideas are not new, but very good. Only in this particular case, it will not work, because while the legitimacy of bitcoin is in question and its official use is prohibited, Amazon stores will not be able to introduce such a method of payment. Maybe through some intermediary, Yes, but definitely not directly. Special permissions and decisions of the government concerning regulation of cryptocurrency on the territory of their States are needed.
I think that the demand for btc will rise with time. To my mind, it is obvious that this will happen in the nearest future. To my mind, btc will be the leader for long and it is possible to raise awareness of people now though media
To increase bitcoin demand means to increase Bitcoin activities on the market. When there is more transactions with bitcoin, people will request for more coins and that will an automatic demand for the coin.
Sounds like a good idea. But according to m point of view it will increase the demand for bitcoin as a currency. But real demand comes when people request more bitcoin right? there is an effect but I don't say no.
I also recently came up with this idea, and I think it can really work. Of course, the last word about accepting or rejecting bitcoin depends on the company itself and the country in which it is located. But we have to show that we need to use it.
If its fake then it would not be a great idea. If all of those people here saying they like it suggests and actually use it then that will be great.
I think I've seen this idea before but I never saw it actually used. I can participate to kind of small movement. Though I think I will work, this will need all of those who signed up real payment usage.
I think I've seen this idea before but I never saw it actually used. I can participate to kind of small movement. Though I think I will work, this will need all of those who signed up real payment usage.
I think this is a great way to show big and small companies that bitcoin is necessary for buyers. Of course, while bitcoin is unstable, it is unlikely to be accepted for full use. But perhaps they will at least consider its adoption.
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