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Topic: Idea: How to increase bitcoin demand - page 4. (Read 3195 times)

member
Activity: 406
Merit: 10
November 04, 2018, 02:02:30 PM
It does not matter whether we can have a serious impact on the company's decision to use bitcoin in its activities. But the fact that we show that cryptocurrency is interesting to people is a great idea.
brand new
Activity: 0
Merit: 0
November 01, 2018, 04:05:25 AM
You can not increase the demand by that, because when Amazon wants to survey for the number of people who really like this new feature, many people just pretend, then Amazon will release with a bitcoin greater than the real demand.
jr. member
Activity: 182
Merit: 1
November 01, 2018, 06:12:37 AM
I think that it is not necessary to submit requests, these world giants are already aware of the cryptocurrency and I think they raised this issue at the conference. If they need it they will make a survey using Google forms for example.
sr. member
Activity: 980
Merit: 250
October 29, 2018, 09:20:30 AM
We can increase bitcoin demand by making more and more awareness programs about the cryptocurrencies and inform its benefits  to coming generations as this technology is in growing stage and it has huge potential. Till now, a very low percentage of people know about bitcoin and other crypto currencies.
jr. member
Activity: 243
Merit: 2
October 29, 2018, 09:06:17 AM
That’s one of the great ideas for bitcoin, to make it one of the ways to pay on online shopping sites so that people will start to familiarise with bitcoin and how it is done.
member
Activity: 308
Merit: 12
October 29, 2018, 09:00:16 AM
While bitcoin is constantly fluctuating in price, it is unlikely that we will be able to influence the adoption of bitcoin by companies. But we will maintain interest in bitcoin and the company will understand that their customers want to pay with cryptocurrency.

full member
Activity: 602
Merit: 100
October 29, 2018, 08:55:15 AM
That's a pretty interesting idea. I don't think this will have a major impact on the company, but at least they will understand that people need to pay in bitcoins. So I'll try to do it.
full member
Activity: 1218
Merit: 105
October 06, 2018, 12:37:07 PM

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.

Not a bad idea. You can become a seller of something that demand cryptocurrency as a payment in your transactions.
If we are doing this, many peoples can know about cryptocurrency, and later they will use it to buying anything.
The only thing that prevents this idea is the volatility of Bitcoin and other forms of crypto currencies and those websites like Amazon will think twice or a lot of times before accepting crypto currencies but I'm pretty sure that they know the potential of this technology they just need to study it first.
There are a lot of big names in different kinds of industry not only on e-commerce sites that are now studying to accept crypto currencies as a medium of payment for their product or services and sooner or later they will surely announce it many many more will join this billion dollar industry of crypto currencies. Cool

jr. member
Activity: 140
Merit: 1
October 06, 2018, 12:30:28 PM
I think the demand will increase only when it shows stable results. Bitcoin has been relatively stable for the last couple of weeks now. Many people in recent years due to the sharp drop in the market of cryptocurrencies stopped investing and telling people.
member
Activity: 387
Merit: 12
October 06, 2018, 12:27:20 PM

Alternatively, we could start a BitcoinTalk.org petition for the adoption of Bitcoin on Amazon.com. I think it could have a chance to spread awareness, especially if we can get it on Reddit somehow.

This is a very good idea. We can go for it and I think That will be very helpful to increase people's curiosity about bitcoin. A petition can make changes things. People will encourage to know or to come back into cryptocurrency. I think Bitcoin needs some active promoter. All of the promoters are just bounty hunter or ICO promoter, Bitcoin's promoters are very few in number.
jr. member
Activity: 322
Merit: 1
October 06, 2018, 12:15:26 PM
I think the simple way to increase bitcoin demand is only but to reduce the rate at which bitcoin is been mined.
All the mining equipment and nodes should be a little more harder and difficult to lay hands on and use. By this if the mining rate is reduced then I think the bitcoin demand might increase
jr. member
Activity: 266
Merit: 1
October 06, 2018, 11:42:50 AM
Such moments are not made quickly, they must be reached for years. We need to consider the basic goals of Bitcoin as a digital currency that is not currently properly filled, because even s will not use it often as a currency in everyday life, and many local stores or websites do not allow Bitcoin payments, but if we can fix such problems, then bitcoin will develop today and faster.
sr. member
Activity: 756
Merit: 252
October 06, 2018, 11:03:12 AM
Maybe this is a good idea, but I am sure that it will happen sooner or later, and we will have the opportunity to choose what to pay for a product or service, bitcoin or money, it takes time.
I am not so sure that this is a good idea, in my opinion the demand for bitcoin should grow organically if we try to convince more people to adopt cryptocurrencies we are only going to create resistance among them, it is better that each person decides that the best thing for them to do is to adopt cryptocurrencies, I know this is a slow process but it is the best for the market.
member
Activity: 406
Merit: 10
October 06, 2018, 10:20:51 AM

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.

Not a bad idea. You can become a seller of something that demand cryptocurrency as a payment in your transactions.
If we are doing this, many peoples can know about cryptocurrency, and later they will use it to buying anything.
newbie
Activity: 70
Merit: 0
October 06, 2018, 07:39:21 AM

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).
sr. member
Activity: 756
Merit: 250
October 03, 2018, 03:42:41 AM
Maybe this is a good idea, but I am sure that it will happen sooner or later, and we will have the opportunity to choose what to pay for a product or service, bitcoin or money, it takes time.
copper member
Activity: 322
Merit: 0
October 03, 2018, 03:33:55 AM
That would be a great idea you got there. Maybe your right that it will increase the demand of bitcoin if we do that idea of yours but the problem is in the company itself because they will the one who decides even though they have many requests like that. But i think it is worth trying.
newbie
Activity: 23
Merit: 0
October 03, 2018, 03:30:33 AM
Despite the pressure of management as well as public opinion scam from scams or unsuccessful projects, ICO still mobilizes huge capital. Bitcoin payments are becoming more and more popular globally, leading to the need for bitcoin and attracting more and more investors.
hero member
Activity: 2170
Merit: 503
Reward: 10M Shen (Approx. 5000 BNB) Bounty
October 03, 2018, 03:22:36 AM
The obstacle for the rise of the bitcoin price is not the low demand. The effect of market manipulation is very high. We need to fix this first. Also, it is not easy to impress the companies mentioned.
for now, almost all cryptocurrency users are waiting for a quite high price increase. I am sure that many people are waiting. when bitcoin becomes popular again, I think it will be very much in demand, but it's all measured based on the price.
newbie
Activity: 10
Merit: 0
October 03, 2018, 02:54:21 AM
I know some e-commerce stores accept Btc but I hope some others have not joined because of the Btc fluctuation. E-commerce sites can play an important role in reducing the need for bitcoin to use it as a payment currency as you mentioned and it happens everywhere should be through the community itself. Encrypt to let them see that we appreciate more if the cipher base is provided when buying the product or service.
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