Topic: Idea: How to increase bitcoin demand - page 7. (Read 3199 times)
An excellent idea. Each bitcoin party should take this advice for use. Only mass demand can speed up the recognition of bitcoin on all the equations.
A good idea to influence e-commerce websites to accept bitcoin as a payment option. i think a stumbling block would be crypto is too volatile for now to be used as payment by these sites.
Something more demanding means it is either useful or rare in the world so if goin to increase the demand in Bitcoin in the world what should do is it's options should be increased in the world by opening more reliable, usable payment methods for Bitcoin users in the online retail business and other key industries and creating rewarding methods specifically for Bitcoin users to gain benefits for using Bitcoin instead of fiat money or other currencies with that public eventually will get attracted to Bitcoin which can led to increase in demand as a digital currency
By making Bitcoin more useful to people and that is significant because even today we use Bitcoin as a trading asset we often doesn't use it as a currency and that is a major thing to decrease the demand so the best thing to do is increase options in online businesses to pay in Bitcoin to purchase products or services and that can increase demand
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why not ? yes its true that bitcoin is too volatile but lately its volatility have been slowly decreasing or in short bitcoin has gotten stable due to the recent crash . therfor , implementing bitcoin as a payment method will now be a good idea because merchants wont know have a hard time to adjust their pricing from time to time . buyers on the other hand will also find it easy to use thier bitcoins due to the reduced fees caused by the recent market crash .
The idea is interesting but utopian, the fact is that such companies process millions of requests a day, and even several thousand requests from our side will not change anything. most likely they take a cut according to statistics and when the demand for BTC payment is high, then they will activate such a service
Unfortunately, I am not in a country where I can buy products from Amazon, so I cannot make a request but here in our country I can buy some products using my bitcoin but I have to first exchange it to local currency there is still no store that you can buy straight with Bitcoin.
Bitcoin demand is already increasing but in a slow rate due to restrictions against Bitcoin from governments and other negative impacts so people are still afraid of Bitcoin and many getting out but the above mentioned process can make a huge change under these situations to increase the demand
Bitcoin already has a good demand but the downfall creat the main problem as long as the market of bitcoin rise there is nothing to do except wait.
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.
Some other ideas can be giving incentive to people making most number of transaction per month. Will boost use of crypto as currency.
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.
Say Cool idea""!!!!!!"""
I agree that if a very large number of people. they will experience difficulties in paying with cryptocurrency, and there will be a lot of requests from users, The Amazon Administration will be able to respond to our requests. We need to try to help the crypto community grow up.
How to increase the demand for Bitcoin? I think that simply Bitcoin will increase the mass use of its large payment systems by banks and other commercial organizations around the world.
This is not so easy. It is not easy for individual e-commerce firms to accept this with individual requests! I think the bitcoin price has to move less to accept it.
Just my two cents - in order for BTC to gain more traction the big investment houses/banks need to get in on the action - and they already are.
This will inevitably mean more regulation and controls - something that goes against the original principle of crypto I know - but it is necessary for it to become more mainstream and acceptable.
A lot of people are still scared of BTC but only because they've had not experience of it and it's fear of the unknown. If you can normalise it and give people assurances that it's safe and controlled then a lot more people will adopt it.
It's the only way for BTC and crypto in general to gain wider acceptance.
This will inevitably mean more regulation and controls - something that goes against the original principle of crypto I know - but it is necessary for it to become more mainstream and acceptable.
A lot of people are still scared of BTC but only because they've had not experience of it and it's fear of the unknown. If you can normalise it and give people assurances that it's safe and controlled then a lot more people will adopt it.
It's the only way for BTC and crypto in general to gain wider acceptance.
In my own view. the best way to do that is do more promotional campaigns and inform the public regarding the importance and advantages that can gain with Bitcoin for the financial sector which is significant at this moment.
Same way as money make the world go crazy same is bitcoin because is a currency that can be spend. More over people are all in putting in their investment and also making profit out of what they invest and they also are spreading out the news that bitcoin is worth been invested.
I think there are many ideas that have been made to increase the needs of people with bitcoin. there have even been many people who make businesses that involve bitcoin, or other cryptocurreencies. Well, I think it really works, it's just that, now there are many things that are limited in the use of Crypto.
Same way as money make the world go crazy same is bitcoin because is a currency that can be spend. More over people are all in putting in their investment and also making profit out of what they invest and they also are spreading out the news that bitcoin is worth been invested.
Improve bitcoin ,make some good advertisement about it and tell a background with others.
Hey, what I heard recently is that Amazon is already offering the opportunity to pay with bitcoin but I don't know well about any other cryptocurrencies that you can proceed with, everybody shoud accept Ether as well.
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