Let's Control the Future Value of Bitcoin

[btccashacc]

Controlling the future of bitcoin will need some services that everyone can access in each country before we can say we can control it and make name. As long as people can keep their Bitcoin and not thinking to spend it because there's no place/site they can spend it the price will increase overtime.

Please teach me or giving me any explained for this, why just too controlling the bitcoin is needed some service, does all of it not just relied on the bitcoin users. because can making the bitcoin having the future it's because their users and giving a food for bitcoin everyday.

since bitcoin is decentralization, people will have the ultimate control over their bitcoin, no one can't controll them, that's their money, it's all up to them to spend their bitcoin or not, that's why bitcoin is too volatile, as we can see when the price is going up, there will be always many people who sell their Bitcoins in order to get profit. I would love if bitcoin's price is stable but because it is used as an investment then we will see prices down and up.

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[btvGainer]

Bitcoin is free of anyone's contol thats why we love it besides many other reasons why then even try to contol it in any manner.Even if it is price,let market set the price according to demand and supply

[Schuyler]

Every early adopter, including me and you whoever is reading this post must do their share in making bitcoin survive for it to have more value. I agree with another poster who divides his bitcoin both for currency and investment. A 80/20 split seems to be good enough. It is not asking too much to spend a little of your bitcoins once in a while to help make its claim as currency more legit and valid.

[DOGE12321]

The recent economic events that have impacted the trade value of bitcoin are irrelevant. Brexit? New president? Halving? None of these events actually matter in determining the value of bitcoin since they are just headlines. The market cap of Bitcoin is only about $10 billion USD. That is as much money as a mid-level U.S. finance, insurance, or real estate company manages. In other words, bitcoin is not even on the financial map, which is actually a good thing!

Bitcoin needs a catalyst. That catalyst is you and me. So, we need to do two things:

1. Spend bitcoin: Holding bitcoin is an awesome passive investment strategy, especially for those who purchased sub $250. However, taking an active approach will help stabilize at $1000, which is honestly what everyone is looking forward to. If early adopters hold the majority of bitcoin then no one else can use it whether they want to or not. This means it would not be of value in the long term since there is no established barometer of what it could potentially be worth in exchange of consumer good and services. This leads us to the next point of getting late adopters to understand why and how to use bitcoin as a method of payment.

2. Educate others about bitcoin: When I explain bitcoin to friends and family I refer to it as "internet money". They ask, "Like Paypal?" and I say, "Very similar, but more like buying early shares of Apple or IBM because it appreciates at a higher rate than the dollar." This has been a useful conversation starter and influenced a few colleagues enough to at least open up a Coinbase account.

There is no need for more (or less) regulation as the status quo of decentralized currency is now a proven concept.

You have made a very good point. I believe a lot in the education of Bitcoin to the newer generation. I have tried to help share the knowledge about Bitcoin by writing in my school's newspaper.

I also believe that a very effective way to spread the word about Bitcoin is through social media.

[ObscureBean]

"Let's Control the Future Value of Bitcoin" you guys should not forget that control always leads to centralization. And you should also not forget that Bitcoiners are just regular people same as government people, they are by no means immune to temptation and control is power. Once you start down that road, you'll back at square one before you know it.

[Hide_ip112]

"Let's Control the Future Value of Bitcoin" you guys should not forget that control always leads to centralization. And you should also not forget that Bitcoiners are just regular people same as government people, they are by no means immune to temptation and control is power. Once you start down that road, you'll back at square one before you know it.

Controlling the value of bitcoin for the future, is something quite ridiculous. I see that the price of bitcoin is controlled by mining, so that all those who use the bitcoin can not do anything, they can only purchase or sell bitcoin.

[danherbias07]

The recent economic events that have impacted the trade value of bitcoin are irrelevant. Brexit? New president? Halving? None of these events actually matter in determining the value of bitcoin since they are just headlines. The market cap of Bitcoin is only about $10 billion USD. That is as much money as a mid-level U.S. finance, insurance, or real estate company manages. In other words, bitcoin is not even on the financial map, which is actually a good thing!

Bitcoin needs a catalyst. That catalyst is you and me. So, we need to do two things:

1. Spend bitcoin: Holding bitcoin is an awesome passive investment strategy, especially for those who purchased sub $250. However, taking an active approach will help stabilize at $1000, which is honestly what everyone is looking forward to. If early adopters hold the majority of bitcoin then no one else can use it whether they want to or not. This means it would not be of value in the long term since there is no established barometer of what it could potentially be worth in exchange of consumer good and services. This leads us to the next point of getting late adopters to understand why and how to use bitcoin as a method of payment.

2. Educate others about bitcoin: When I explain bitcoin to friends and family I refer to it as "internet money". They ask, "Like Paypal?" and I say, "Very similar, but more like buying early shares of Apple or IBM because it appreciates at a higher rate than the dollar." This has been a useful conversation starter and influenced a few colleagues enough to at least open up a Coinbase account.

There is no need for more (or less) regulation as the status quo of decentralized currency is now a proven concept.

I always lack the way of pulling people due to my wrong first moves. Can I please borrow your good introduction? That thing about like buying early shares from Apple or IBM might get them hooked up.
I just want them to really understand what is happening and why I am so hooked in this.

[bitsoldiers]

its will be not good if the value of bitcoin sit idle, joined hands together and work together as a team, then we can really control the value of bitcoin in the future...

[socks435]

its will be not good if the value of bitcoin sit idle, joined hands together and work together as a team, then we can really control the value of bitcoin in the future...

Stick together is impossible we can control the price of bitcoin because the price of bitcoin is always depends in demand and supply but if you have a large amount of money anytime you can increase the price of bitcoin if you buy also a large amount of bitcoin...

[Jastetad]

its will be not good if the value of bitcoin sit idle, joined hands together and work together as a team, then we can really control the value of bitcoin in the future...

Stick together is impossible we can control the price of bitcoin because the price of bitcoin is always depends in demand and supply but if you have a large amount of money anytime you can increase the price of bitcoin if you buy also a large amount of bitcoin...

I think I will not buy the bitcoin with my large amount of money in one go. I will use buy it slowly and cheaply.

[Antonio G.]

We cannot control the bitcoin price at all. What we need to do is just develop the bitcoin and the price will rise as a result.

I think you're absolutely right. Bitcoin is so young, in the future it will be more stable

[mk4]

I think one of the best ways to make Bitcoin rise in price is for someone to develop a good project for people to have a reason to use Bitcoins. One good example for this is Megaupload2.0 (if successful).

[electronicash]

The market cap of Bitcoin is only about $10 billion USD. That is as much money as a mid-level U.S. finance, insurance, or real estate company manages. In other words, bitcoin is not even on the financial map, which is actually a good thing!

The value of bitcoin will soon RISE, this is where the future is going after all the future involves the internet. but like you said its a good thing. You can't hurry things for now. people are going to spend what they will spend and hoarders will hoard for profit.  This is what goes on even with fiat.

Crypto currencies will soon be known by regular users this is inevitable.

[btvGainer]

To raise the price everyone would theoretically just need to hold their coins but unfortunately the chances of doing that are slim.  The only way we can raise price is by buying and holding plus new investors.

Holding by everyone will also cause bitcoin to die.Bitcoin is a currency if we dont use it for paying for services,buying products etc,it will lose its value laying idle in our wallets.I think the only way to increase bitcoin value is to increase its demand which is only possible when everyone start using bitcoin

[xuan87]

To raise the price everyone would theoretically just need to hold their coins but unfortunately the chances of doing that are slim.  The only way we can raise price is by buying and holding plus new investors.

Holding by everyone will also cause bitcoin to die.Bitcoin is a currency if we dont use it for paying for services,buying products etc,it will lose its value laying idle in our wallets.I think the only way to increase bitcoin value is to increase its demand which is only possible when everyone start using bitcoin

Yes its totally true, we need to have bitcoin transaction everyday to stabilize the bitcoin price, by holding bitcoin too long it will cause the cashflow to stagnant, if the flow is stagnant it will cause price volatility and for long term it will kill bitcoin, so we need help from every user to be active to earn and to spend and also bitcoin need to advertise, more famous the coin is, more people will use it, it will help bitcoin to exist longer

[Denker]

I think one of the best ways to make Bitcoin rise in price is for someone to develop a good project for people to have a reason to use Bitcoins. One good example for this is Megaupload2.0 (if successful).

No Megaupload 2.0 will be a failure!
And Bitcoin is not dependent on such project becoming more used or not.
Bitcoin itself is the project.And right now we are on a good path.If you follow the roap map of coming implementations and features you know what I'm talking about.
Sure the more services accept Bitcoin the more it will get used. But this is only going to happen when Bitcoin itself improves in terms of ease of use, speed and size.This however needs some time and patience.Rushing will not help!

[Bemerand]

When block size problem is solved and bitcoin community can promote bitcoin to mainstream people/media, bitcoin will be more popular and it's value will be higher.
We should promote about bitcoin to other people and convince companies/merchants to use bitcoin as well

Also, don't do any illegal activities with bitcoin because media loves to share bad things which involved bitcoin.

Do whatever you want with bitcoin and fuck the media is my take and should be yours too.

[lister storm]

Bitcoin is free of anyone's contol thats why we love it besides many other reasons why then even try to contol it in any manner.Even if it is price,let market set the price according to demand and supply

thats true, no one can just control bitcoins and it is a really good thing to be honest, in my opinion thats why bitcoin is so great right now and grows so fast

[lumeire]

Bitcoin is free of anyone's contol thats why we love it besides many other reasons why then even try to contol it in any manner.Even if it is price,let market set the price according to demand and supply

thats true, no one can just control bitcoins and it is a really good thing to be honest, in my opinion thats why bitcoin is so great right now and grows so fast

No exactly true. I know for a fact that there are people with very huge stashes of BTCBTCBTC that if they sold it all in one go it would exceed the market buffer and it'll take time to recover. In the worst case, it might not even recover.

[rababo]

Bitcoin is free of anyone's contol thats why we love it besides many other reasons why then even try to contol it in any manner.Even if it is price,let market set the price according to demand and supply

thats true, no one can just control bitcoins and it is a really good thing to be honest, in my opinion

 thats why bitcoin is so great right now and grows so fast

No exactly true. I know for a fact that there are people with very huge stashes of BTCBTCBTC that if they sold it all in one go it would exceed the market buffer and it'll take time to recover. In the worst case, it might not even recover.

Yeah, those people who have a lot of bitcoin might have power to affect bitcoin market. If those people dump their bitcoin, the bitcoin market will crashed, and people will lost interest to bitcoin because it's value is very low. But some people might to stay, waiting the market to recover.