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Topic: Idea: How to increase bitcoin demand - page 5. (Read 3195 times)

newbie
Activity: 40
Merit: 0
September 30, 2018, 12:02:08 AM
Now, some stores do not accept btc because of its volatility. But your idea is great. This idea is great and may increase the demand for btc but I wonder why it has not happened so far. With time like Btc becoming more stable, many stores will be more attractive.
jr. member
Activity: 196
Merit: 1
September 28, 2018, 08:44:23 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.

Market manipulation is very high in the bitcoin market and I totally agree with that but the only way to stop that is by making the crypto community more aware regarding this situation and other than that i doubt that we can do anything effective to eliminate manipulation because unlike other asset bitcoin is a totally decentralized asset in the digital world so it is possible for anyone who is strong enough and has the influence to make a considerable damage for the bitcoin price and the market but if we make the rest of people aware and keep ready understand such events and face them at least the damage can be reduced
full member
Activity: 546
Merit: 100
September 27, 2018, 05:28:25 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.
jr. member
Activity: 322
Merit: 1
September 27, 2018, 05:24:52 AM
I think the best way to increase bitcoin demand is only but to reduce and minimize the mining and supply of bitcoin to the market most importantly the mining. I think the mining capability should be a little more complicated to reduce how much one can mine.
member
Activity: 157
Merit: 10
September 27, 2018, 03:50:55 AM
Amazon will accept Bitcoin on an international basis, we can use Bitcoin to buy a car or valuable assets. Amazon and its stability will help investors willing to accept Bitcoin payments. This is a strong impetus for Bitcoin's quest for broad acceptance.
hero member
Activity: 1204
Merit: 500
September 27, 2018, 03:40:38 AM
I think with the many online stores that accept bitcoin, it will make the demand for bitcoin increase. well, currently there are not so many online stores that accept bitcoin, besides, advertising about bitcoin might increase knowledge for people who don't understand bitcoin. when people are interested in bitcoin, it will certainly increase demand.
newbie
Activity: 24
Merit: 0
September 27, 2018, 03:29:34 AM
Looking at Bitcoin's status right now (or crypto in general), I'm sure that plenty of online merchants out there get the usual crypto payment inquiry. In fact, if i do have the option to pay with bitcoins, I try to do so to see if services actually give importance to their crypto-payment side.
newbie
Activity: 34
Merit: 0
September 27, 2018, 02:54:16 AM
If significant progress is made and mining becomes widespread, demand will increase automatically.
demand for bitcoin will increase when bitcoin becomes popular. at this time the demand for bitcoin might be reduced because so many negative news spread. further development of bitcoin will most likely make the request increase.
Absolutely true!
jr. member
Activity: 196
Merit: 1
September 27, 2018, 01:33:57 AM
If significant progress is made and mining becomes widespread, demand will increase automatically.
demand for bitcoin will increase when bitcoin becomes popular. at this time the demand for bitcoin might be reduced because so many negative news spread. further development of bitcoin will most likely make the request increase.

Demand fr bitcoin is decided upon its popularity and also bitcoin is becoming more popular means it is becoming more useful for anyone in the world  and that can be only gain by adapting into businesses and other essential processes in business and general areas so the number of users will increase and with that its demand will increase
newbie
Activity: 117
Merit: 0
September 14, 2018, 09:32:41 AM
How to increase the demand for bitcoin by the way we invite everyone to invest in bitcoin coins, in that way bitcoin will increase its demand and will be the work of many people
jr. member
Activity: 196
Merit: 1
September 14, 2018, 09:10:50 AM
If we are going to make bitcoin more demanding according to my understanding bitcoin it self should be improved and developed by targeting important areas that any major demanding currency has achieved so far in the world because to become a demanding currency and an investment asset people should have the confidence to trust bitcoin over other major fiat currencies or cryptocurrencies and so far the dollar is know as the most demanding fiat currency in the world which uses for any international payment so if bitcoin to take that place it should be improved and develop more than the dollar
jr. member
Activity: 140
Merit: 2
September 14, 2018, 01:10:09 AM
This is a good topic because if bitcoin to succeed its future demanding is very important because without a demand nothing can service in the business world and same theory for bitcoin. To become more demanding bitcoin should provide facilities to its users what other currencies cannot and it should be visible in every where to access by majority of the people to do anything and I think these can make a good change
sr. member
Activity: 1148
Merit: 254
September 13, 2018, 03:19:11 AM
If significant progress is made and mining becomes widespread, demand will increase automatically.
demand for bitcoin will increase when bitcoin becomes popular. at this time the demand for bitcoin might be reduced because so many negative news spread. further development of bitcoin will most likely make the request increase.
sr. member
Activity: 1134
Merit: 342
September 13, 2018, 02:59:04 AM
If significant progress is made and mining becomes widespread, demand will increase automatically.
newbie
Activity: 54
Merit: 0
September 13, 2018, 02:57:53 AM
E-commerce sites can play a major role when in creasing the demand in bitcoin to use it as a payment currency like you have mentioned and for that to happen every where the request should be come through the crypto community itself to show them that we are more appreciative if crypto payment facilities provided when buying products or services
jr. member
Activity: 135
Merit: 1
September 12, 2018, 07:36:00 AM
This idea is amazing and can increase the demand for btc but I wonder why it it not happening up till now. I know several e commerce shops accept Btc but i do hope several others have not joined yet because of the volatility of Btc. With time as Btc becomes more stable, more shops will draw in.
full member
Activity: 133
Merit: 101
Res Et Non Verbum
September 12, 2018, 07:30:37 AM
Great idea. It would be very convenient if there was a site on which links to sites and instructions for actions would be placed.
newbie
Activity: 28
Merit: 0
September 12, 2018, 07:25:47 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.
well this was already discuss, but this is very good plan to introduce bitcoin and other crypto currencies, some of e-commerce are accepting bitcoin or any crypto currencies as payments.
hero member
Activity: 672
Merit: 500
September 12, 2018, 07:05:22 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.
Currently online shopping trends are increasing, and I think good e-shopping sources will attract more attention to bitcoin than others. I hope other sites will follow this trail because it will bring attention to the crypto-world and we will get all the benefits from it as a bitcoin holder, this can have an impact on the increase in Bitcoin prices.
newbie
Activity: 72
Merit: 0
September 12, 2018, 06:54:33 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.

The above method to promote bitcoin demand is very promising and effective most of the time because today customer feedback can do major things in the retail businesses and feedbacks are key areas some companies consider during there developments and improvements to attract more customers to there business to buy more products and services   to gain more profits so if we can do at least something like that it can make a huge change for the betterment of bitcoin
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