What would benefit bitcoin more? - page 13.

RoommateAgreement

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Bazinga!

a more stable price to begin with, is what i think will benefit bitcoin most of all. it helps many trust it as a currency to use and also a good investment that doesn't swing around big like $100-$200 at a time.

A promotion from the president
this is cool if it happens. obviously. but that also means bitcoin needs to be regulated first.

Advertising
this also helps but who is going to pay for the advertisement? bitcoin is not a company.

More sites using it
of course more usage is mandatory.

Worldwide school presentations
meh, nobody listens in school. and kids don't care about these stuff that much

Huge giveaway
this may actually hurt bitcoin. because most of the receivers will just dump to get the fiat and get out.

shine1123

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Huge giveaway and promotion from president. Huge giveaway can attract more people around the world to make them try and use bitcoin. Promotion from president also a big move for bitcoin though, bitcoin become accepted on that country.

secdark

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Quote from: Crapz23 on May 13, 2017, 05:58:11 PM

What do you think will benefit it?

Us. we bitcoiners would benefit with the bitcoin. You can easy say that to your self. Bitcoin is helping you in terms of money right? When the price of bitcoin goes up you earn a profit from it. All of the bitcoin users will benefit from the price of bitcoin and no other than that. All people who have a bitcoin in wallet will benefit the bitcoins

pooya87

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all of these are helpful one way or another but in my opinion nothing can beat people wanting to spend their coins. it may sound silly but if people start treating bitcoin as a currency more, and stop just hoarding it, then the "mass adoption" that everyone is just dreaming about will happen.
because merchants won't accept bitcoin as long a there isn't enough demand of it (enough people wanting to spend) and others won't accept it as long as there isn't much usage for it.

Faiyz

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Dijual

Quote from: bitcoinisbest on May 13, 2017, 09:42:32 PM

One thing that will benefit is that country legally announcing bitcoin as a virtual currency. This will boost and mass adoption will happen in that country. As Japan legality approved it dues to which we have seen a huge surge in the price where its has cross 1800$ levels due to legally approval from one country.

Well and it's hard to imagine that during the early years this is just like an underground business that only cryptographers and other coders only know the trade and later it begun expanding into a promotion site for project sites. And i can say that economically it will change how the world see currencies and most transactions will take please in an untraceable data.

bitcoinisbest

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One thing that will benefit is that country legally announcing bitcoin as a virtual currency. This will boost and mass adoption will happen in that country. As Japan legality approved it dues to which we have seen a huge surge in the price where its has cross 1800$ levels due to legally approval from one country.

ranochigo

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A promotion from president.

If a president were to endorse Bitcoin, it would signify that the president supports Bitcoin and thus it is legal no matter what. No matter what kind of advertising you do, people are always going to be want to stay within the boundaries of the law. Even if all the sites were to use Bitcoin, people would still prefer traditional method because it is more trustable.

jaberwock

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More countries legalizing it without huge bureaucracy stuff, like Japan did and countries like Denmark do now?

KennyR

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Quote from: mrcash02 on May 13, 2017, 08:12:10 PM

"More sites using it" is the best option to make more people adopt Bitcoin as digital currency to make online payments. The casino sites already made a good job for BTC community by allowing people gamble with Crypto-Currency, now the shopping sites should help Bitcoinas well by accepting it officially as payment method.

The another options would be helpful too, but the option mentioned above is the most useful to benefit Bitcoin.

As of now bitcoin acceptance is increasing on the merchants side as well from the common people. At the same people need to be at least a technical knowledged to some extent. For this reason acceptance from online stores would reach only a certain user community mainly the internet users. We need to reach common people to go similar to mainstream usage.

mrcash02

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"More sites using it" is the best option to make more people adopt Bitcoin as digital currency to make online payments. The casino sites already made a good job for BTC community by allowing people gamble with Crypto-Currency, now the shopping sites should help Bitcoinas well by accepting it officially as payment method.

The another options would be helpful too, but the option mentioned above is the most useful to benefit Bitcoin.

emezh10

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To spread the opportunities that the bitcoin giving inbmany bitcoin holders and bitcoin users the advertising is the best way to do it or doing a seminars about cryptocurrency mamy people didnt know about bitcoin so they dont have awareness and knowledge about bitcoin to start investments.

xuan87

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In this stage bitcoin need a lot of new users, so it needs a lot of advertising, and worldwide presentation from school will be great, if we teach crypto currency for teenager, it will be great for crypto future and if bitcoin could be implemented in more business it will attract more user to used bitcoin and bitcoin can become more valuable, while huge giveaway only going to benefit for the person that already know bitcoin

mindrust

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"Worldwide school presentations = A promotion from the president = Advertising"
Those stuff above are the same thing. One of them is being advertised in schools, one is advertised by the president and the other is general advertising.

"Huge giveaway"
Never does any good. Same as printing money.

"Nothing"
If you do nothing, nothing happens.

"More sites using it"
That's the result. (and the most benefiting one) To achieve this result, you definitely need advertisements. So "Advertising" is my answer.

More people know bitcoin's existence, there will be more potential users.

Crapz23

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What do you think will benefit it?

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