Easiest Way To Improve The Price

[mercistheman]

Forget regulations & fudsters... With a % of your salary you can plant your own seed

http://cointelegraph.com/news/113987/bitpay-reveals-the-good-reason-why-bitcoin-price-is-down?a=2

[Hazir]

I was expecting to read some not so convincing blabbers about how bitcoin is on its way to destruction but I am now pleasantly surprised. That article was pretty coherent and on the point. I think they offered really well thought explanation of what is going on with bitcoin right now, and that is simply great news. It means that we are indeed on a way to increase bitcoin price, we just need to wait for that next halving  (unfortunately we have a long time to wait, 66 weeks to be precise) to really be sure if that the correct theory! But be ready for HUGE price rise in 2016.

[johnyj]

Exactly, just let your monthly spending pass bitcoin as much as possible (First buy bitcoin and then spend it) will easily raise its price, due to more demand from transaction

However when you do this there are couple of percent paid to exchanges and bitpay, unless merchant provide some discount, the motivation is not that high for average Joe

[gentlemand]

I'd hazard to guess that the price has everything to do with bots and trading play and little or nothing to do with any real world usage. That especially goes for the price rises but applies across the board.

It's those few tens of thousands of coins that dictate everything else and very few of them are ever used in a commercial transaction.

[Q7]

That will only work if there's a majority doing it. Words of intent only will not make much of a difference. The community can actually agree on something towards achieving this common objective provided that everybody is willing to play their part.

[johnyj]

That will only work if there's a majority doing it. Words of intent only will not make much of a difference. The community can actually agree on something towards achieving this common objective provided that everybody is willing to play their part.

Everybody doing this for their own good, even others do not participate, it will just make his effort less obvious, not totally disappear. Of course those with large amount of spending doing this will make the effect more obvious, some pioneer will lead first (Mining companies or international trading companies for example)

[Chef Ramsay]

That will only work if there's a majority doing it. Words of intent only will not make much of a difference. The community can actually agree on something towards achieving this common objective provided that everybody is willing to play their part.

I think this is primarily a good thing but the rest is quite positive as well. Hello, so much to be happy about on this par, that good times are a coming.

[Amph]

there is one easy solution, don't exchange bitcoin with fiat, but spend them for goods directly, this will increase the price for sure, also that article just repeated the same thing we all know about the halving(which could be not true, no one know if the halving will really bring a better price), i see nothing new there...

[pleaseexplain]

I'd hazard to guess that the price has everything to do with bots and trading play and little or nothing to do with any real world usage. That especially goes for the price rises but applies across the board.

It's those few tens of thousands of coins that dictate everything else and very few of them are ever used in a commercial transaction.

agree. price is down because it was artificially (via bots etc) made to go to $1000. Those speculators are slowly selling up at a loss. It has little if anything to do with merchant use. merchant use may be an indicator in the future but not until more rubbish is out of the market and its true impact able to be seen ( note it may not be possible ever to to get rid of enough rubbish to tell though)

[avatar_kiyoshi]

Interesting article but nothing new to improve the price, we know bitcoin become to mainstream and we know about halving time which demand is more than supply.