Bitcoin price and actions to raise it

[BobK71]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest.

I don't think any kind of advertisement is needed to increase BTC. If people know what is BTC, How it works and why we need it, then the price will skyrocket automatically. Moreover, those who are consider btc as trading activities they always concern about the price. But the purpose of BTC is just for trading? No, It has various uses-case. It will be difficult to predict where the value of BTC will go if people become aware of it.

[Hypnosis00]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest.

I don't think any kind of advertisement is needed to increase BTC. If people know what is BTC, How it works and why we need it, then the price will skyrocket automatically. Moreover, those who are consider btc as trading activities they always concern about the price. But the purpose of BTC is just for trading? No, It has various uses-case. It will be difficult to predict where the value of BTC will go if people become aware of it.

* for trading
 * as an investment
 * as a long-term asset

You certainly be thinking how it is possible this will grow big when it is all just about these things and stuff. Honestly, that is really hard but why we have witnessed such a huge growth in its price? And this is because people value Bitcoin more than these things and pulling the demand high makes the price shoot up. And this gives courage and interest to the community to step in and take their journey in the crypto world.

[UmerIdrees]

If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...

• Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
• Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...

• offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative!
• simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution

Bitcoin is not legal yet in most countries including mine, so it is not possible to accept bitcoin in our business otherwise we may have to face legal issues. However, I will continue to tell my family and friends about the benefit of bitcoins and how bitcoin can change our lives once it is considered as a  legal tender in the country. Unfortunately, we can't do much in legalizing bitcoin and crypto but we can still play our part in educating people about bitcoins.

[SirLancelot]

Why so serious? Btc isn't dying mate but we are just in a bear market right now. That is why the price of all cryptos including btc are now dumping but btc have showed some great improvements lately. Its price now is at 22k but before it was under 20k and then recovered and stayed at 20k for many weeks. No matter how hard you try to raise the bar, there will always be times that the price will go down like this. For now what you can do is just sit and relax because btc can just rise when the time right time comes.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies.

You mean a site where it compares the price of local currencies and cryptos? But, I don't think it will help crypto to become more popular or will get more in demand but a site like that can be useful.

[virasisog]

If you have free time to dedicate to Bitcoin's growth you can certainly come up with something. Here are just a few suggestions:

As an average joe you can...

• Share your experience with your friends, tell them about the time you payed with lightning network and how did that feel
• Contribute to discussions on forums, social media groups and posts, etc.

As a business owner you can...

• offer discounts to people who pay with Bitcoin - i.e. you own a coffee shop and you organise a Bitcoin promo --> pay with Bitcoin and you get a 10% discount. That would not only incentivize people to start using Bitcoin, but if you keep it running they would get used to it. Moreover you might also get some tax benefits depending on where you live (check with a cpa). Another type of promo you can organize is a lottery with a prize --> each customer who pays in Bitcoin will have his address entered into a sweepstake where the random winner gets free coffee for a year or smth like that. Be creative!
• simply advertising that you accept Bitcoin as a payment method is more than enough to make your contribution

Bitcoin is not legal yet in most countries including mine, so it is not possible to accept bitcoin in our business otherwise we may have to face legal issues. However, I will continue to tell my family and friends about the benefit of bitcoins and how bitcoin can change our lives once it is considered as a  legal tender in the country. Unfortunately, we can't do much in legalizing bitcoin and crypto but we can still play our part in educating people about bitcoins.

Spreading awareness about how Bitcoin could benefit us with our friends, family and colleagues would be the best thing that we can do. Some people are still clueless about how Bitcoin works so sharing it with at least a few people will definitely have big impact in Bitcoin in the future. Despite the restrictions and banning of Bitcoin in your country, the fact that you're sharing knowledge and information to your friends and family will definitely impart a good thing in the future value of Bitcoin.

[landheer]

I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

[Joswa Russell]

Bitcoin price has already started increasing and moreover there is no way that bitcoin will die. I find bitcoin is already the talk of the area where I live. If you are thinking of promoting bitcoin on a wide platform I think starting a YouTube channel or blog or an IG page would be appropriate.

[yohananaomi]

I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

I think maybe what you say can be true mate, but is the indication of an increase only from one side how many people do you inform to want to invest in bitcoin? I think there are still many sides that can make bitcoin increase.
there are many influences that can be an indication that bitcoin can increase, not just how many want to invest but how many are willing to do not sell bitcoin to the market and want to hold, I think one indicator too. because in a sluggish market situation everything can become unnatural and excessive fear.

[TheUltraElite]

I think there are many ways to increase bitcoin, including simple examples like we tell our families about bitcoin. or to our friends. and thus sometimes there are, from family or friends who are interested in investing in bitcoin. then surely I think the price of bitcoin will be higher. when they invest in bitcoin.

A family member investing in Bitcoin is expected to be a small cap investment, unless you belong to one of the richer families of this world, which is an exceptional case. There are smaller investments which make a difference but raising the price may not the possible through it.

I appreciate the fact that you are trying to get more people into crypto but that won't raise the price in a short term but long term only.

The bigger whales make their moves but you have to be patient for that to happen. Currently the price is trying to cross the resistance levels so expect higher prices soon and a good time to sell.