Topic: In order to drive the price of Bitcoins up! (Read 1450 times)
Many websites, hosting companies and any digital businesses can easily do the 25% discount, since the product cost is so low.
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up. 
No need! The world is taking care of bitcoin's publicity!!!
https://bitcointalksearch.org/topic/world-debtgdp-510091
So "pay" people to use something? 
people will realize soon that they want to use bitcoin and you do not need to pay them for it.
people will realize soon that they want to use bitcoin and you do not need to pay them for it.
Very pleased after reading, that its definitely one of the best ideas i have heard to promote bitcoins but as a matter of fact many people already do that and now to increase the adoption of bitcoins the banks have to come in the picture!!
Good luck trying to convince business to do this 
I've seen this work when it's a community. For example, some small towns or areas have their own currency to keep the businesses all propped up and this is driven through the business board in the area.
bitcoin is a bit decentralized - i don't see this working on a larger scale. but maybe you can prove me wrong. I'd accept bitcoin for a 2% discount (cheaper than credit card processing fees).
I've seen this work when it's a community. For example, some small towns or areas have their own currency to keep the businesses all propped up and this is driven through the business board in the area.
bitcoin is a bit decentralized - i don't see this working on a larger scale. but maybe you can prove me wrong. I'd accept bitcoin for a 2% discount (cheaper than credit card processing fees).
I've said this before, that in order for people to adopt BTC there needs to be some sort of advantage over using their credit/debit card.
For example if Overstock started offering free shipping on all bitcoin orders, more people would surely acquire some BTC in order to take advantage of the offer. That would get lots of people interested in using BTC. Currently if you dont already have BTC, there is no real point in going through the hassle of getting some just to go make an order on Overstock.
For example if Overstock started offering free shipping on all bitcoin orders, more people would surely acquire some BTC in order to take advantage of the offer. That would get lots of people interested in using BTC. Currently if you dont already have BTC, there is no real point in going through the hassle of getting some just to go make an order on Overstock.
This is great advice
It should help Bitcoin and merchants simultaneously.
It should help Bitcoin and merchants simultaneously.
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up.
This is exactly what I am doing for a couple of weeks now.
www.libertystore.de
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up.
I am not sure it is legal.If bitcoin is a commodity or not legal tender, it's just like offering discounts to people paying in coupons.
Actually as bitcoin is considered deflatory, a discount incentive has to be added to make people part with their coins as long as bitcoin is perceived as appreciating in value over time.
When prices are stable (in the course of a year) bitcoin will function better as a payment system and worse as a speculation vehicle.
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up.
I am not sure it is legal.
No action needed of that kind
Adoption will happen naturally due to ease of use and cost savings to merchants and buyers
Adoption will happen naturally due to ease of use and cost savings to merchants and buyers
But at some shops profit margin hits around 10-20%. It could hurt shop owners , even if it would temporally lift price a bit. After awhile shops would be falling down, unless we assume growth of price for over 25% at this point. Thats some kind of risk and obviously it is liberal decision of any one interested. It can carry some kind of risk with it, but also kinda nice gain.
Maybe we need a annual buy btc day where everybody buys some bitcoin on that day!
Oh! Well, it's a good way to promote bitcoins to mass but I am not sure if all members will support this idea
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up.
Yeah great!Buy (as a seller) for 10BTC and sell it for 10x0,9BTC (to be "best price"*0.75) + pay employees + free S/H.
Best idea on these forums yet!
accept Bitcoins at your store, but offer a 25% discount when paying with them. this will encourage people to switch, and drive the price up.
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