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Topic: If you want to increase the price of Bitcoin then promote it everywhere around u - page 2. (Read 722 times)

sr. member
Activity: 574
Merit: 256
I agree with your idea behind this post.The price of Bitcoin totally depends upon it's demand and by demand I mean number of people buying and selling Bitcoin.If the demand is high i.e if people are investing in it on large scale then the price will be high and if the demand is low i.e if people are selling their BTC's on large scale then the price will be low.If we promote Bitcoin then more people will be a part of it.More people will invest in it.This will increase the demand which will automatically increase the price.
full member
Activity: 263
Merit: 100
As the title says that if you want to increase the price of bitcoin then promote it everywhere around you. As if you will promote it and will discuss about bitcoin with your friends and family and your other relatives then they will also invest their money in bitcoin and the name of bitcoin may reach to a group of people who will have a high amount to invest in bitcoin which will increase the demand of it than its supply.

I am saying it because a few days ago I heard from a person that he discussed about bitcoin with a friend and after that his friend felt interest in that coin and he said that he has a total of $60000 income per day from his business and when he will fully learn about bitcoin then he will invest all of them in bitcoin each day instead of depositing them in his bank account. If people like that will get awareness about bitcoin then once again the price will start to rise.
That's a good idea in theory. On the other side, it needs a lot of work without too many palpable results. I think the price of bitcoin is influenced a lot by the big players that benefit from these sudden fluctuations.
newbie
Activity: 14
Merit: 0
I have introduced my many friends about bitcoin some interested and others not but when bitcoin price touched ATH $20000 then many friends and other persons come and say what is bitcoin how we can use this. bitcoin price is increase from market supply and demand and if we introduce new peoples then demand will be high and supply will be low so possibilities is price can increase but many whales manipulate market according to their need.
full member
Activity: 532
Merit: 106
It is difficult to promote bitcoins because they can also blame especially when the price of bitcoins falls. It is better for them to search and learn bitcoin in their own way. I have experienced the blame. When I told my friend to buy a bitcoin when its price increased. And they get caught up in the dump of it so I do not want it to be repeated.
newbie
Activity: 84
Merit: 0
I actually just talked to my neighbor about this lol

Spreading awareness about bitcoin even just talking to a friend surely can increase the value. The more investors there will be, the value will just increase.
member
Activity: 420
Merit: 10
What you say is true if we want bitcoin prices to go up so we can promote bitcoin to the wider community. The more people who bite the bitcoin the more people are curious about bitcoin. They will start joining bitcoin because there are already many people who benefit through bitcoin. If more people are joining bitcoin then the price can be more stable because bitcoin market is also more active and crowded. I am sure if supply and demand for bitcoin is also more balanced. This is what will bring the bitcoin price in the better direction.
sr. member
Activity: 1400
Merit: 273
Exactly. The price of Bitcoin is not in the hands of any institution such as the governments or the banks. It rises and falls out of the simple buy and sell mechanism that affects its demand. While the news and updates may affect its price, the bottom line will always be in terms of the buy and sell orders. If there are more and more people who become interested in Bitcoin, the price will of course naturally follow.
member
Activity: 210
Merit: 10
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 I do not think doing so would be good. It will affect the reputation of a lot of people. If you promote Bitcoin, investing in it will make a lot of profit and will easily become rich. When everything goes against your words, you will become a criminal and be hated or threatened by many.This is not really a good strategy.
full member
Activity: 336
Merit: 106
As the title says that if you want to increase the price of bitcoin then promote it everywhere around you. As if you will promote it and will discuss about bitcoin with your friends and family and your other relatives then they will also invest their money in bitcoin and the name of bitcoin may reach to a group of people who will have a high amount to invest in bitcoin which will increase the demand of it than its supply.

I am saying it because a few days ago I heard from a person that he discussed about bitcoin with a friend and after that his friend felt interest in that coin and he said that he has a total of $60000 income per day from his business and when he will fully learn about bitcoin then he will invest all of them in bitcoin each day instead of depositing them in his bank account. If people like that will get awareness about bitcoin then once again the price will start to rise.

Promoting and discussing Bitcoin with everyone you know will never be enough to have people investing in bitcoin. Not all people are interested in investing, since there are still a lot of bad press regarding bitcoin, or even crypto as a whole. A lot of people still have reservations about it. Moreover, even if you introduce a lot of people to bitcoin, the value most certainly will not go up immediately. There may be people who will come to the world bitcoin with negative notions and can contribute to its crash.
copper member
Activity: 364
Merit: 4
I'm quite selective over whom i promote bitcoin to, it is so volatile i don't want to be blamed for the loss of someone else's investment. But happy to promote it to strangers and online media channels
full member
Activity: 350
Merit: 109
Better believe it, That is correct move to advise to the general population the advantages of the having the bitcoin as another money of the age. This may help to the expanding development of the bitcoin value available on the market. But, the fundamental issue of this a portion of the general population is reluctant to contribute on it since first goes to their head. Participating on the bitcoin is a trick. Generally, now we as of now been to watch an on the news about it.
full member
Activity: 453
Merit: 104
That's make sense, if the numbers of bitcoin users increase then the demand will be increase too, I agree with this concept. I did it before but no one want to  kearn more about bitcoin, may be create YouTube videos will be help, because people around us don't need bitcoin then amy be people in other place will be interested.
full member
Activity: 450
Merit: 107
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t's one way to increase bitcoin users. it is better that we educate and provide the means of training or discussion forums, so that the public gets all knowledge about crypto. and the community can judge for themselves about crypto. and people can invest without being influenced by anyone
full member
Activity: 582
Merit: 101
it must be bro. because I do not like to keep science and experience just for personal. but I like to share knowledge and experience with beginners so they can invest in the world of bitcoin correctly without any carelessness ..
jr. member
Activity: 79
Merit: 1
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Thats right.
Also, promoting is not enough. A lot of people come to bitcoin with negative notions and make the market becomes a mess. We also need to bring to others appropriate information and help them learn about the great future that bitcoin can bring.
newbie
Activity: 216
Merit: 0
As the title says that if you want to increase the price of bitcoin then promote it everywhere around you. As if you will promote it and will discuss about bitcoin with your friends and family and your other relatives then they will also invest their money in bitcoin and the name of bitcoin may reach to a group of people who will have a high amount to invest in bitcoin which will increase the demand of it than its supply.

I am saying it because a few days ago I heard from a person that he discussed about bitcoin with a friend and after that his friend felt interest in that coin and he said that he has a total of $60000 income per day from his business and when he will fully learn about bitcoin then he will invest all of them in bitcoin each day instead of depositing them in his bank account. If people like that will get awareness about bitcoin then once again the price will start to rise.

Yes, this is very true. And I say this is a small step that will have a big impact on the condition of Bitcoin. Because if users or Bitcoin owners more and more, then this will increase the demand. And so the Bitcoin price will automatically rise if demand is greater than supply.
full member
Activity: 532
Merit: 100
Indeed, it can help increase the price of bitcoin. But before we promote it to others. Make sure that we know all the detail about bitcoin. So that we can explain to then in a good way that they can easily understand.
hero member
Activity: 3080
Merit: 603
I always introduce Bitcoin to all of my friends and family, most of them already know what is Bitcoin,but only at surface, so I explained for them in detail, and explained how can they profit from it, but I only explained to them, I don't want to convince them to invest, because Bitcoin is a very volatility and risky investment, I don't want to be blame when they losing money
I stopped telling and introducing it to the people who are asking me. There are words that were thrown to me as they are only reading those FUDs and make fun that bitcoin won't get up. It's upsetting in the beginning but suddenly we have to face it during the darkest moments since we've chosen to be here and stay where bitcoin is. I'm only answering those relatives and friends that are truly interested to bitcoin but if I see them not willing, I'm ending up conversation.
full member
Activity: 323
Merit: 100
As the title says that if you want to increase the price of bitcoin then promote it everywhere around you. As if you will promote it and will discuss about bitcoin with your friends and family and your other relatives then they will also invest their money in bitcoin and the name of bitcoin may reach to a group of people who will have a high amount to invest in bitcoin which will increase the demand of it than its supply.

I am saying it because a few days ago I heard from a person that he discussed about bitcoin with a friend and after that his friend felt interest in that coin and he said that he has a total of $60000 income per day from his business and when he will fully learn about bitcoin then he will invest all of them in bitcoin each day instead of depositing them in his bank account. If people like that will get awareness about bitcoin then once again the price will start to rise.


I think that is a good idea, one of the problem that affects the bitcoin price. So we need to promote or advertise the bitcoin to social media or in people that around us. We can help the bitcoin to increase it price in that way. The demand of bitcoin is continues decreasing so we need to help the bitcoin to increase it's demand.
jr. member
Activity: 196
Merit: 1
I'm curious to know.... It's obvious how bitcoin is a good investment. But wouldn't you also want to see bitcoin develop beyond its status as an asset or investment? Wouldn't you like to see it actually become a virtual currency we could use? I believe having a virtual currency will make transactions more transparent and seamless. Plus, we don't have to deal with banks anymore. Can we enjoy crypto as both a lucrative investment and efficient currency?
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