What if $1,000,000,000 is pushed into Bitcoin can the Price rise Up? - page 4.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: BTC Loading on August 18, 2016, 07:58:25 AM

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

Your opinion is highly appreciated

The best thing for most people is to just start buying more Bitcoin if they want the price of Bitcoin to go up so badly. You have to reduce the supply while maintaining the existing demand quantities. You can't force the price up any other way aside from just waiting for it to go up naturally, through other investors getting interested and buying Bitcoin.

People just have to buy, and the supply has to go down. Simple economics.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

We have a speculative economy and that is worth very little. Speculation does not build anything viable and I would look for dropping prices until we reach the valuation that has support from actual economic activity.
So what will push the price up?

Spending bitcoin rather than selling it.
Producing something that can (only) be bought with bitcoin.
Providing a service that can (only) be bought with bitcoin.
Providing infrastructure that encourages POS adoption.

But trading fiat and BTC back and forth does nothing, produces nothing, and is worth nothing.

mobnepal

legendary

Activity: 1218

Merit: 1006

Actually price has been dumped really hard from 700$ region because of bitfinex hack so if hacker get agreed with the % of hacked bitcoins bitfinex will be willing to give legally than price will again rise up as fear of those large amount of bitcoin coming to market will end.

trickshot22

sr. member

Activity: 504

Merit: 250

Quote from: De Selby on August 18, 2016, 12:12:37 PM

Quote from: BTC Loading on August 18, 2016, 07:58:25 AM

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

Your opinion is highly appreciated

I hear Mark Karpeles is out on bail and back on Twitter. You may want to consider shooting him a private message. If anyone knows how to artificially inflate the price of Bitcoin it's probably him.

basically that is true, i saw it either so i think that he might be legit in the freedom at the moment though i dont know for sure

De Selby

full member

Activity: 136

Merit: 100

Quote from: BTC Loading on August 18, 2016, 07:58:25 AM

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

Your opinion is highly appreciated

I hear Mark Karpeles is out on bail and back on Twitter. You may want to consider shooting him a private message. If anyone knows how to artificially inflate the price of Bitcoin it's probably him.

All joking aside, I can relate to your plight. My best advice to you would to focus on some of the other crypto currencies. Unlike Bitcoin, these coins often trade at pennies on the dollar and therefore have a greater potential for rapid appreciation. Moreover, since altcoins are priced in Bitcoin, by purchasing these currencies you also benefit from an increase in the BTC/USD exchange rate.

entrepmind23

sr. member

Activity: 644

Merit: 261

To make other people being aware that a digital currency called bitcoin exist. If there is more demand of the currency then it's a matter of time that its price will increase eventually. In our own little way like introducing the technology to our family and friends then maybe they will be interested to be involve in it and the more people that we introduce it to then the higher the chance that the bitcoin world be added. And then as what you said, the bitcoin price will go up.

YTBitcoin

hero member

Activity: 686

Merit: 500

Quote from: BTC Loading on August 18, 2016, 07:58:25 AM

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

Your opinion is highly appreciated

Do you have told to al of your friends and relative about the technology of bitcoin?

The best way to increase the price of bitcoin is that, you should have to invite all of your friends and your relatives to join it and to invest in it and suggest them all that they also invite their friends and relative to adopt bitcoin, so with that the community of bitcoin will increase and the price will also increase.

pereira4

legendary

Activity: 1610

Merit: 1183

We can't do nothing but wait. Unless you are rich or unless you are a coding genius that can deliver some ground breaking stuff into the project, chances are you cannot modify the price of Bitcoin. It will naturally go up eventually so keep buying while its under 4 figures.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

As normal individuals with average income , we can't really do much to help Bitcoin price increase. However, we still can explain and introduce Bitcoin to our relatives (friends & family) and hopefully they will start using them, another thing you could do is buy it (but as I said , unless you have millions of dollars , buying won't do much to the price but If a lot of people do it then It will).
It's mostly the multi-millionaires & billionaire who could increase Bitcoin price (mostly chinese investors in Bitcoin case) , talking about it on the media , bringing bitcoin up in interviews etc...
Honestly , when you are famous and known by people , a simple tweet could help Bitcoin price to increase.

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: BTC Loading on August 18, 2016, 07:58:25 AM

.Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

better sell now and get out if you want to hold bitcoin until it makes you rich and dump it all to get back to your fiat.

and you as for best way to push Bitcoin Price Up, and meanwhile all you do is holding your coins, contributing nothing to bitcoin and are planning on dumping bitcoin as soon as price rises. if everybody things about bitcoin as a way to make a profit and get out nobody will ever accept bitcoin as a currency and the price will never rise.

longbob72

hero member

Activity: 574

Merit: 503

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There's simply no sure way to raise the value of a currency unless you're a whale with lots of money. All you can do is buy more and actively support it in anyway you can (by introducing it to your friends, perhaps).

BTC Loading

full member

Activity: 168

Merit: 100

if you believe you can succeed

Today the rate of 1BTC = $574.58 since the massive development involving bitcoin and it gives me cosine why bitcoin has not risen above $574

Many of us have been holding our bitcoin and waiting for the time that the price will rise so that we can sell...

My question is that what is can we do or what support can we put in place to enable the price of bitcoin in-cress?

What if $1,000,000,000 is pushed into bitcoin will the price rise?
Your opinion is highly appreciated

Topic: What if $1,000,000,000 is pushed into Bitcoin can the Price rise Up? - page 4. (Read 2648 times)