Bitcoin Forum

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

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).

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.

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.

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.

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.

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.

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.

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

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.

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.

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.

to push the bitcoin price there is no pre writen splution because if there was already any solution avalible the we had used them till now.anyway my suggestion is if you hold our coins then it can increase the price

If you have lots of money you can push it up.. but its not permanent because many people are waiting for the price high to sell their bitcoins..
I think the other thing is to promote bitcoin in every company locally that they need to accept bitcoin as payment in every stores.. if it will happen the can be pushing up.. because more people will be interested in bitcoin..

helped introduce bitcoin to attract a lot of users and convince them to invest in bitcoin. This could make a positive impact on the price increase.
new adopters of a large company can make bitcoin prices rise.

As a small holder, it will be difficult to push bitcoin price up but if everyone agree and join with the campaign of pushing Bitcoin price up, it will have a great impact especially if it is supported by majority of the whales of bitcoin.  A simple marketing campaign, advertisement and introduction and persuasion done by individual  will greatly affect the number of new comer to embrace bitcoin as one of the currency.

Yeah this is one of the good idea. also you can attract them to use bitcoin or how to earn bitcoin in easy way so that they can share it too to others.. until they are satisfied and start their business in online with bitcoin.. it can be a good effect when more people will attract to use bitcoin,.

They are no way one can push the price of bitcoin up.what you can only do is keep buying and sell when you found that the its a bit up and that it will earn profit...buy to push it up yourself that I don't think can happen...

Buy more, and it will go up.
Sell more, and it will go down. Every market works the same.

We're not talking about a tiny altcoin here, so pumping won't be viable as it'd take way too much money. No one of us has enough money to even remotely push prices up. I don't ever think one person could ever raise the price of Bitcoin unless they created some new demand or have enough money.

Yes, $ 1 000 000 000 will make a difference in the price, but it is not a viable solution to spike the price for a short period and then have normal trading after that. You want someone pushing in that

amount over a longer period, and sustaining that for a year or two. Merchants do not want huge fluctuations in the Bitcoin price, and this spike will surely cause some big spikes and also some major

crash. Many governments can dump huge amounts of money into Bitcoin, and even Pension funds.. but I would much rather see them funding Bitcoin projects that would stimulate longer growth and

employment opportunities. .  ;D

$1B will cause a permanent increase in the price of bitcoins and it won't go down to the way it was before.

if you mean you buying $1B worth of bitcoins definitely that would cause the price to go up as supply would be less and demand would increase forcing a raise in price of bitcoins

The only most stable and best option to get bitcoin price increase is to somehow make it mainstream digital currency.If every merchant and buyer start accepting bitcoin solely or besides other currencies,bitcoin will get huge push

first of all,
the exchanges are where bitcoin has its value not the 15mill coins in peoples cold store
there are not 15mill coins on exchanges, there are only a few hundred thousand coins and those coins that exist on the exchanges are not set at a fixed order price. they vary
EG
1000 coins at $600
1000 coins at $605
1000 coins at $610
wont get you 3000 coins by spending 1.8mil.. it will cost you 1.815m
then next 3000 coins spread over different prices wont cost 1.815m but more.. progressively costing you more and more for the same allotment of coins

if you are looking for a way to raise the price. its not to flood an exchange with $1billion.
after all the current <$600 price point is not made up from <16mill coins x <$600
its only a few hundred thousand coins supply on an exchange. meaning at only one time there is far less than half billion of real dollars or less supporting the bitcoin price, not $10billion real dollars

if $1billion flooded the exchanges where there was only a supply of a few hundred thousand coins. the price would sky rocket, and when i mean spike, i mean SPIKE!!.. but then that spike would not be sustainable. just like the $1,200 spike a few years ago was not sustainable.

the slower you make the movements to increase the price, the more sustainable and natural it will feel to the speculative market. but the less of a high price those funds would cause, and the more you would have to devote to keeping the buy wall alive. because of the slower rise time, this means more new orders coming in so more needs to be spent sustaining it for longer.

the faster you make the movements to increase the price, the less sustainable the spike will be, but the spike would for a short period would be a higher all time high and not as much would need to be spent on the sell side due to lack of supply in a small time period. but would need more spent on a buy wall.

in both situations that $1b spend cannot guarantee a sustainable new high price.
in both situations that $1b spend cannot guarantee the price wont eventually fall.

however, if someone was to do it.. here is a better method
split the $1billion into 4 baskets of $250m
put each basket on each of the 4 prominent exchanges.

use $125m(half basket) to buy coins on each exchange by eating the sell orders on the sell side, resulting in raising the price
then use the other $125m to try keeping that price up by creating a 'buy wall'  on the buy side, that is too large for other sellers to eat to prevent a instant price drop

in short flooding one market with $1b wont last long. could be a few hours, could be a few days. because the other exchanges at a lower price would arbitrage the Mo'Fo out of the spike for profit until that spike disapears.

if you spread the funds across a few exchanges, it will feel less like a glitch. and you may be able to sustain it for a few months because the arbitrage effect wont be there to eat up the spike.

you can try many different things to either push for a short term new all time high or a long term smooth rise. but eventually if the price is more than an accepted speculative value.. then people will sell like a Mo'Fo firstly thanking you for your generosity and then screaming fear of the impending price drop.

if you are able to sustain the price for 6-12 months, giving enough time so that miners can make mega profits to then buy new rigs, repeating to make more profits to buy more rigs until the new high becomes less speculative profit and instead a minimal break even(more of a real reason to be high).. then you have a chance of that price point lasting because no one is stupid to sell at a loss, but this takes months to cause that miner reaction not hours/days

You could create a billion dollars of weekly injection into the Bitcoin economy if the people holding Bitcoin would start spending it. You don't need some fantasy investor.

The price of all things increases due to demand pressure. If everyone holding btc right now started spending and repurchasing 1 btc a week we'd all be rich in a year.

what kind of question is that? of course it would rise up....

I think the rotation of circle bitcoin is very slow in this time, you can saw about fiat. their rotate is very fast rather than bitcoin and if yo understand about it because too rarely people spending bitcoin like in a store. I can say because the store is also the important things in the rotations of currency. the bitcoiners is need more store to spending their coins and bitcoin getting more faster in their rotation and that is will giving a big impact for bitcoin.

Of course, if a large amount of money is invested into bitcoin than obviously the price will go up.

especially since bitcoin has a limited amount, so it has no other option but to increase in value if a lot of money is put into it.

The price has risen above 574. A few weeks ago it was $900 USD. The cause of the price fall was because of the hacking of the illegal exchange, Bitfenix. As you can see, bitcoin is a volatile cryptocurrency.

The only way that you can increase Bitcoin's price is to buy lots of it. Therefore, if you have $1,000,000,000, invest it all in Bitcoin. When lots of people actively buy Bitcoin, demand goes up and so does the price.

A simpler way to attempt to increase the price is by introducing new members yo the Bitcoin community.

:)

Of course it will rise. That's how the economy works more or less.

You have lots of cash. You buy the cheap coins. You also create a lot of demand in the process. Cheap coins run out. Supply tries to keep up. Prices rise.

I also think it would not be a good idea trying to artificially increase the bitcoin value, because it only would generate a sudden pump that would be availed by speculators to sell their coins, which would lead the price to face a huge drop sooner or later, making bitcoin a pump and dump scheme.

Yes,the price will rise if you buy bitcoins for $1 000,000,000.

The bitcoin market capitalization is below 10 billion USD so maybe this could increase the btc price

 with more than 10$.There are other factors that determine btc price as well.

Let's make some calculations. The current market value is about 9 billion dollars. There are also 15.8 million coins in existence, so if you dumped 1 billion, it would be 10 billion/15.8 million per coin.

This would bring the price up about $50.

this a good idea but we can't predict that this will happen because it is impossible since the price of bitcoin now is range at 571 dollars which is harder to go up or to increase the price up to 1000 dollar or more but if this happen i am going to hold my bitcoins until the last day when this miracle happen i probably buy all things i want for my life

I dont think so... because that value price is high..and one will not be able to afford to purchase..and that means loosing value... don't think it can rise.

yeah, in my opinion bitcoin price would grow a lot in the near future and it would make me some good money

Pretty sure that after the super peak there would be a new all time high floor established. There's no way that it would go below the price that it started at, bitcoin now is too established and people would FOMO past a certain point, buying the dip.

I doubt it, the sudden injection will push the price through the Moon, but without something keeping it there... it would plummet back to earth.. creating a fabulous crash.  ::) It is for this reason, why

I was saying ....we should have this injection over a longer period and spread over a lot of exchanges. A sudden spike on only one exchange, will raise some concerns with traders. We have seen some

manipulation on some exchanges, so people might think it is one of those events. Willybot.  ::)

I feel like if famous people started buying it would cause some price changes especially if they openly supported it. A lot of people tend to derive their views from those they hold high, i.e. "Leonardo DiCaprio likes Bitcoin? Shit this is going to be huge! I need to get in on that!"

You are definitely right, we really cannot do anything to make bitcoin price will turn into high value. So we need to hold it while waiting for the price high. It is good hope so if I have millions of money so I can modify the price of bitcoin. :D

We can. Not selling our BTC is the key. We need to gather more people to buy and use Bitcoin. Selling would decrease the price, while buying or holding would increase it. I'm trying right now to hold and earn as much as I can, expecting the price to move up in the next few months/next year.

We need wealthy people to use Bitcoin as store of wealth.

I think that's when we will really see the price go up to much higher price levels. That's how you can get a lot coins off the market.

Bitcoin must become an option to pay any kind of bills, companies must do trades based into bitcoin, as well adopt bitcoin to their payment system. Putting more money should make the market react, but the possible reaction would be people dumping their coins at the new value.

1 Billion USD will hugely pump the btc price, maybe double the price to 1100 usd. Maybe even higher, I don't know because I have no so much money.

even though someone else have huge funds and pump bitcoin with those money i think that won't be enough
because instant pump would not last long and make bitcoin more popular in society that's more good than these idea

I think by putting 1 billion it can be making the price up, actually the way to make it up is to faster the transaction flow, its mean if more user used the coin to do transaction the price will go up, because bitcoin is decentralized, the power of bitcoin is rely on the user, and if the user is active to use bitcoin then the price will up

If a big whale comes and buy $1,000,000,000 worth of Bitcoin price will increase for sure but not permanently,sooner or later the coin will be dumbed.
As i see it one of the main reasons that the price is stagnant is that people are not using bitcoin as a currency but as an asset or an investment and they are expecting from the price to rise without doing anything.If you really want to support Bitcoin i suggest to start buying goods or services from sellers and stores that accept it instead of holding it and wait for a pump to sell and make profit.

the colors are annoying.

if you are going to post a new topic each time bitcoin price goes up $10 saying it is to the moon and create another topic when it goes down -$10 and say why did bitcoin die, this forum will be filled with millions of the same topic in less than a month.


those many of yous are the people who don't let bitcoin grow and panic dump their coins only to fill the pockets of the whales.


try spending bitcoin sometime!


no because if $1,000,000,000 then you will wake up from your dream and realize price is still $574

Then it'd come straight back down with a even lower price than before. Pumping is never a good idea and I do not recommend anybody tries it, as you are going to lose money, even on altcoins. Crowd funding is totally different from this scenario. Because lot of people will not pull of their investment at a single time. So, slow and steady will make bitcoin more stronger.

I would suggest you to have a look on ‘Harshad Mehta scam’ took place in India few years ago. He actually did something like this and eventually his empire collapsed. Such things are really worthless for long term.

If we really want to see growth of the bitcoin, my advice is to think different. Instead of spending $1,000,000,000 for purchasing bitcoins, spend that amount for awareness of bitcoin in highest potential areas / countries like developing nations. It would create a long term and most importantly sustainable impact on the bitcoin.

I think such onetime investment can triple or even quadruple the price. And create new bubble of course :)

If that amount is pushed instantly, It could have made the price rose to 10k$ for a few minutes then it would go back to somewhere between 1000$ and 1500$. Maybe 2k$. Thats because that amount will clear every position in instant till it reaches the most ridiculous ones like 1btc=5000$

The bitcoin market capitalisation is about $10 billion now. So the $1 billion fresh funds can push the price higher, but not too high.

That's a lot of money to be just simply pushed into Bitcoin to artificially control the price. Also, there must be some party willing to risk as much to witness this glaring moment ourselves. I'm assuming Bitcoins price is controlled not only by the pump and dumb but also by market sentiments and news. Overall I think it would certainly push it up.

if you push 1,000,000,000$ into bitcoin world then it will not effect the price much insted ypu will be called as a bitcoin massive whale but to effect the price you can buy some bitcoins on some exchanges at a half price.

It can be push bitcoin to rise up more and more if you have that amount.. But its impossible that you can get that amount to use it to push bitcoin to rise up.. it needs a lots of investors before you can collect that amount..

Depends if how he use that amount for bitcoin. .if you have a strategy like announcing that bitcoin will increase more this month or day.. try to use the partial to attract people, this is just like a marketing they are attracting people to invest if they seen that the movement of the price of bitcoin is increasing.. but bitcoin gradually not instantly just push the price until 600 value then announce again here using other thread that bitcoin will continues rise.. and buy again.. this is one of their strategy how they are pushing bitcoin to high.. until the you dont need to buy more bitcoins and the price will gradually increase more and you have a time to sell all your bitcoins..

yes could push prices up but will not be able to hold prices down because bitcoin holders has invested more than $ 1 million.

It is still very good range in comparison with last years price. We can not make much as large majority of us are small investors who can benefit only in case of some huge increase in price. It is in fact game of whale who have thousands of Bitcoins in possessions and any increase of 10-30 $ bring them lot of profit so they really don't care much by trading point of view. We will benefit when significant rise will be occur so waiting is key to success in this game.

I have read what OP said he was also waiting to see increase in price under influence of halving the blocks. We need to watch the price at large where these were before hype and where these stand now. If you succeed to accumulate in time you still are not in loss because there is big profit for everyone, it is like win win situation. If somebody pushes this amount into market surely it will pump the price to next level.

It is very difficult to predict.
One can see precisely this demand.

i wouldnt so much that i am waiting to sell it but i want to be able to use it to buy any thing,,,,,,,,  :D

guys, no one needs $1billlion to cause a price rise.

the easiest method is super cheap for people holding bitcoin.
take your bitcoin out of exchanges.. then the supply of bitcoins will dry up meaning those wanting to buy bitcoin end up moving the price higher using less coin

Yes, 1 B usd will make the price double at least, unless the buyer made very tiny buys everyday. If he buys 1 M usd worth bitcoin, the price will be going up 50 usd. And 1 billion usd will make 1000 times of daily 1 M trading. Maybe the price will be pushed to 2k usd. Very very possible.   :o

my opinion is sell half of your bitcoin right now, because i think the rate is good, 1 BTC = $584, and maybe it will be up again for $600 for next week. half of bitcoin for trading and make more profit in bitcoin, so we have more bitcoin in our wallet and get ready to sell if the rate is up in next week.

it is not difficult at all, the price would go up through the roof and it would make us all huge money, that would be really great

The price would go through the roof because the market cap would increase at least 1/10th of what it currently is, as well as decreasing the supply of Bitcoin considerably so that people have to keep putting up higher and higher orders. I would definitely be a fan of $1b being pumped into Bitcoin, but I doubt it'll ever happen.

For sure  price would increase since bitcoins supply would  decreased because of the $1B have  been putted in to it.  Its a simple  supply and demand law anyways. As you said  it would  ever happen since that amount is huge and  we must need  many rich investors  to reach that amount. It would surely pump up the bitcoins price.

yes it is really difficult to predict it , i think we even cannot wait for such high value, i think that no one can even be in position and never will like to trade bitcoin in such a high price.

   It's not just to put billions into something, good planing, strategy for long term investments. All this should be done carefully and I don't think one man is capable to all that alone. Good team is what make difference.
   So much money would definitely rise price of bitcoin to the sky, or it would ruin bitcoins totally. I think both scenarios are possible with this amount of money, if some man is not smart enough he can make huge explosion with his reckless.

I think that will bring a bigger change in the price of bitcoin, with that amount to be pushed in bitcoin the price of bitcoin will get a bigger boost, and that will not be just a fund to be pushed in bitcoin but that will mean that a good number of investors involved in bitcoin and the span of bitcoin is increasing more, so bitcoin will be more stronger with that.