Topic: What can ordinary men do to make Bitcoin grow? - page 2. (Read 4259 times)
Always ask merchants if you pay in Bitcoin. That will eventually get around pretty fast.
try to not play Ponzi/hyip very fast for a scam!
Every additional person holding increases the exchange value. Conversely if no one was willing to hold, it would have no value.
No no, that's not how it works. Hoarding your bitcoins won't increase the value. Buying more is what creates bigger buy demands, therefore pushing the price up. Holding on the other hand, has little to to contribution to the price. Unless what you mean is actually 'not selling'. Yeah, selling contributes to the price.
Individuals holding won't change a thing! we need to work as community
Every additional person holding increases the exchange value. Conversely if no one was willing to hold, it would have no value.
No no, that's not how it works. Hoarding your bitcoins won't increase the value. Buying more is what creates bigger buy demands, therefore pushing the price up. Holding on the other hand, has little to to contribution to the price. Unless what you mean is actually 'not selling'. Yeah, selling contributes to the price.
Every additional person holding increases the exchange value. Conversely if no one was willing to hold, it would have no value.
- Helping newbies
- Accepting bitcoin
- Running a full node
- Developing something useful
- White hat hacking (searching for security vulnerabilities without stealing anything)
- Meet peoples for selling small amounts of bitcoins for cash. This helps peoples who wants pay anonymously using bitcoin.
Hold.
that won't change anthing
That will be like a long-time investment
Hold.
What can community members do to contribute to Bitcoin's growth? 
Hands down - this is the best way:
Print 100 $10 bitcoin paper wallets. (this will actually cost you far less than $1000 in the end).
Make the paper wallet on a half sheet with the other half sheet dedicated to introduce bitcoin and wallets. Further, include instructions how to set up a real wallet and to sweep the $10 into that wallet.
Pass these out to people who don't know about bitcoin. Most will not bother with learning about bitcoin. For those, you'll be able to recover your $10 of bitcoin because you still have the private key for those wallets. However, if people do discover bitcoin to the extent they are able to sweep your $10 into their private wallet, you never see that money again. However, that person is now a bona-fide bitcoin user. $10 per new user - a great investment.
The community would be huge very fast if every bitcoin user today printed and passed out even 10 of these wallets. ($100)
Can somebody please help design this 'Bitcoin introductory wallet' in agreement with the concept described above? If we set up a nice standard, all us bitcoin pros can figure out how to fund some and send them to our friends.
Whadda you say: good idea?
I do like your idea to a good extent but who would just giveaway 10$ And believe me if you go giving out 10$ like this , though people might not now but they will take it happily and this could cost you alot lot more
Best way is to get some new people to bitcoins , getting shops to accept bitcoin , though it can't be a individual's work
It won't be that easy
It won't be that easy
Tell people to use bitcoin and bitcoin will be popular and growing
You may wear a T-shirt with "I love bitcoin" printed on it, and go out a lot in trendy places.
What can community members do to contribute to Bitcoin's growth?
For me, most important is to continue to believe in what bitcoin holds for our future. that means everything for an ordinary person.
Take friends to Bitcoin-accepting venues and treat them (coffee, burgers, etc.) using Bitcoin as a payment method. They will see the whole process and surely want to ask questions.
Send BTC to a friend!
Once you can convince them into joining the community (AKA making a wallet and learning the usage, very hard in my experiences)
Send BTC to a friend!
What can community members do to contribute to Bitcoin's growth?
Promote the usage of bitcoin.
The best thing is to spread awareness. I've found that people are placing negative stigmas on Bitcoin and its users. They need to be fully educated as to the positives of its function. Finding new and novel ways to use and integrate Bitcoin can also help it grow.
I agree, I've heard a lot of misguided stories in the media recently about bitcoin and how it's going to die, how it sucks, how it's based on nothing. These stories are miseducation that's being spread in the wake of a price fall. It's true that someone needs to debunk these stories as much as possible.
As Andreas said, talk about Bitcoin to 5 people, and at least 1 will be hooked for life. And the circle will continue.
The best thing is to spread awareness. I've found that people are placing negative stigmas on Bitcoin and its users. They need to be fully educated as to the positives of its function. Finding new and novel ways to use and integrate Bitcoin can also help it grow.
I agree..I try to educate ppl about BTC where ever I go.! I think it will become a huge factor if everyone in Btctalk does it.!
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