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Author Topic: Let's help BTC price to go up!  (Read 992 times)
Come-from-Beyond (OP)
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April 07, 2013, 09:48:40 AM
 #1

Let's set default fee to lower amount. Something like 0.0001 instead of 0.0005. Miners will get less, so they'll try to sell coins a little bit more expensive. Even if this trick won't work we'll get a small bonus.

How to set default fee in the classic client:
1. Go to debug console
2. Type "settxfee 0.0001"
3. Press [ENTER]
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ElectricMucus
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April 07, 2013, 09:50:52 AM
 #2

This is why raising the blocksize is such a bad idea.


Also: Hoarding BTC doesn't solve the problems made by hoarding BTC? Hoard more BTC!
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April 07, 2013, 10:32:39 AM
 #3

If no bitcoins in the market, so how the price will go up?

iBuilding A Better Interneti
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GWhitePaperG
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April 07, 2013, 10:43:13 AM
 #4

If no bitcoins in the market, so how the price will go up?

Supply and demand?

Come-from-Beyond (OP)
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April 07, 2013, 10:44:07 AM
 #5

If no bitcoins in the market, so how the price will go up?

PM me when there is no coins, I'll sell u mine.  Grin
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April 07, 2013, 10:49:57 AM
 #6

If no bitcoins in the market, so how the price will go up?

give them a price they cant refuse, which translates to making a price which will allow them to part with a small amount of coin without having to sell to much

example 1

user A has 10 bitcoins at $150USD a coin user A feels this price is not enough to sell even one coin

example 2

user A has 10 bitcoins at $1,000,000USD user A feels that selling 1 coin is worth this price and will hold the other 9 coins in reserve

1mill is a fairly high example at this point though im starting to get the feeling its going to take a massive price for me to sell any coin

like everyone i have sold some coin at these so called high prices but now i feel they are insufficient and will hold my coin for much higher prices

or theoretically until they are high enough that i just need to trade in coin to just buy wateva i need  Smiley


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