Topic: Idea: How to increase bitcoin demand - page 8. (Read 3195 times)
Demand can be maintain and increase by convincing common people that bad news and accusations against Bitcoin are useless and false by proving step by step evidence which are actually available every where and also can gather successful Bitcoin investors to share there story with Bitcoin and how it help them to build up there life
We need to help desiminate what Bitcoin is and educate those who are willing to invest in that way we can help people demand Bitcoin. Plus we must help them be patient in waiting when the market is low.
You have a very good idea, and it's true that e-commerce sites are very helpful in promoting the encrypted world, where some young people are shopping.
you can not lie about it either. because if you show fake interest and they finally add bitcoin and it were not as big as it was claimed then it would be removed and will create a big shame. for example if you make fake demands for addition of ETH you will just embarrass yourself as nobody uses that for payments.
I would be happy to submit a request to Amazon. Do you have a link to a contact page on Amazon where we can enter our request?
Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?
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.
Amazon has already overlook this system and it was speculated that they will going to adapt cryptocurrency as it will create more sales on them after seeing the marketcap volume for the cryptocurrency. As we all know that bitcoin alone could took billions of marketcap volume alone and it would be good for amazon to incorporate their business with the cryptocurrency or bitcoin. I guess they still need to create a system for the adaptation of the cryptocurrency. Even better: What if you made a template for us and we could just copy/paste it to make it easier for us?
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.
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 because many people only see the dark side of Bitcoin and many wants to let that happen too
Yes agree by following steps you have mentioned Bitcoin demand can be increase and this cannot just done by one person so there should be a well formed community with volunteers who are willing to do that and this will be very successful in few months if done properly and it should be done as quickly as possible for the betterment of Bitcoin's future and for the entire crypto world
At the end of the day this is ideal however I still think the masses are not yet ready to use btc to buy stuff on amazon since the barriers to entry are price volatility and ease-of-use. Oh, and security
bitcoin and all the crypto coins will be bought only after the large investors enter! but for this to happen, the state needs regulation by the crypto! so that as soon as there will be regulation - there will be also large investors, so that it would be safe for them to invest!
Nice thought but the problem is if people don't use bitcoin then how could they pay by it. So, first of all it needs real users who want to deal with it and also need to make easy of using bitcoin.
I have already heard that Amazon is accepting cryptocurrency but of course it can be a fake news, at this time it is really hard to concern between fake and real facts, so it is better to recheck everything.
more precisely you will come to Amazon's head office and it will definitely make you get a lot of ideas from the people who are there.
if in China using TRON for Alibaba.com, then Amazon also in my opinion should be able to accept Bitcoin
if in China using TRON for Alibaba.com, then Amazon also in my opinion should be able to accept Bitcoin
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.
the best way i think will make the bitcoin increase in demand is to first make it scarce as to where it will not be flooded in the market giving the leverage for people to reduce the price in exchange for other tokens
Bitcoin demand can be increased by providing adequate education in connection with the computer literacy because by considering the total population of the world community only about 30 to 40 percentage people only can operate the computer .Bitcoin is an electronically operated crypto currency with strong net work systems. It has the specific features which enables to utilize bitcoin to various purposes for the daily life of human being and hence its popularity is wide spread world wide.
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.
It is difficult because they also need to know bitcoin first. We know that bitcoin and other crypto currency are flactuating the price and this can affect their business. The price of the products they sell is also not fluctuating so it is impossible to happen. This will only happen when the price of bitcoin has stabilized.
I didn't know that was possible. this site has always been ahead of everyone, but this step I think it will benefit
Good idea but the issue is that bitcoin is very volatile that's why they are not considered bitcoin as a mode of payment
To increase the demand of bitcoin to the market cap the supply must be limited which it will happen the bitcoin holder keep holding their possession instead of dumping it. Nowadays, the bitcoin holders are continue selling their possessio and it is resulting of bulk supply in the market which the demand will decreasing because of this existence. The more bitcoins dump in the market the demand will constantly decreasing and because of this it can affect the price movement which resulting to price fall.
To avoid this kind of event, we should spread good news about bitcoin, we must use its trendiness in anyway we want like social media sites or blogging about it. Tell to everyone how great the bitcoin is, initiate the thing to avoid dumping from some investors. The demand for bitcoin will surely rise as soon as we spread its greatness. Jump to: