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Author Topic: How you can Increase the value of Bitcoin  (Read 3054 times)
Zadicar
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January 23, 2017, 08:20:30 AM
 #61

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
That might not impact much but that will be a start. If everyone here in the forum starts promoting Bitcoins to their friends and family then definitely it will impact on the value of the Bitcoin.

The rate is stabilized now and it's the season to start fresh so Promoting now would be a good idea to increase the overall value of the Bitcoin. Smiley
yes a single person can try his best, if he introduce bitcoin in area in a best way and if he succeeded in convincing people to start using bitcoin then they will certain convince other people and  through this way a lot of people will learn about bitcoin, and this chain will continue for ever, so in this way i think a single person can also affect the price of bitcoin.
Spreading the news about bitcoin isnt an easy thing to do since you will really need to explain precisely to people regarding on it and if they heard not clearly on what you have explained then it would be useless at all.Adoption is the only way could able to affect bitcoins price.

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January 23, 2017, 11:47:17 PM
 #62

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
That might not impact much but that will be a start. If everyone here in the forum starts promoting Bitcoins to their friends and family then definitely it will impact on the value of the Bitcoin.

The rate is stabilized now and it's the season to start fresh so Promoting now would be a good idea to increase the overall value of the Bitcoin. Smiley
yes a single person can try his best, if he introduce bitcoin in area in a best way and if he succeeded in convincing people to start using bitcoin then they will certain convince other people and  through this way a lot of people will learn about bitcoin, and this chain will continue for ever, so in this way i think a single person can also affect the price of bitcoin.
Spreading the news about bitcoin isnt an easy thing to do since you will really need to explain precisely to people regarding on it and if they heard not clearly on what you have explained then it would be useless at all.Adoption is the only way could able to affect bitcoins price.
Certainly, you're right since there are only 20% people have known bitcoin. It's diffucult to explain the crypto  currency to new people who didn't heared it ever. Another reason, bitcoin is very popular for used in black market, which may reflect negative impact to a person who are interested to know it.



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January 23, 2017, 11:54:27 PM
 #63

just having a big amount of btc, would allow you to modify btc prices, btc price is managed by market, the amount of of btc buyed and selled reflects on btc prices, that 's why the speculations about what would happen if satoshi releases the btc that he should have..
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January 24, 2017, 09:45:48 PM
 #64

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.

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January 24, 2017, 10:37:17 PM
 #65

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.

I dont see the reason why the price will skyrocket if Satoshi burn his million BTC.  At this point, the coins is idle, so basically it is out of the  in the market circulation, burning the coin does not change anything except making it permanently out of the market.  But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
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January 24, 2017, 11:02:02 PM
 #66

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.
I dont see the reason why the price will skyrocket if Satoshi burn his million BTC.  At this point, the coins is idle, so basically it is out of the  in the market circulation, burning the coin does not change anything except making it permanently out of the market.  But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.

In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
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January 24, 2017, 11:46:47 PM
 #67

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.
I dont see the reason why the price will skyrocket if Satoshi burn his million BTC.  At this point, the coins is idle, so basically it is out of the  in the market circulation, burning the coin does not change anything except making it permanently out of the market.  But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.

In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.

if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.

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January 25, 2017, 06:18:03 AM
 #68

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.

I dont see the reason why the price will skyrocket if Satoshi burn his million BTC.  At this point, the coins is idle, so basically it is out of the  in the market circulation, burning the coin does not change anything except making it permanently out of the market.  But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
i think you can only hope for 100 BTC, and may be when the price reach to 2000 USD you will even be hopping  but it now look like impossible that the price of bitcoin will fell down to such a low price. to me if some one do not have bitcoin they should try to buy now because in future no one will get the chance to buy bitcoin even below 1000 USD. so it is still good chance to buy bitcoin and those people who have it they should try to hold it.
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January 25, 2017, 11:39:40 PM
 #69

In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.

Currently a whole team, not a person. The current picture is looking more so like two teams, diverging into slightly different directions, not that good! End of 2017 some sort of democracy will kick in either activating Segwit or just let it time out, which would be the wrong decision in my mind. Not for Segwit's purpose, but for change and progress still beeing imaginable.
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January 26, 2017, 04:37:44 AM
 #70

In my imagination Satoshi has died. Most probable explanation - Occam's razor - for his sudden disappearance. However there is no lack of tantrums from other developers, like Hearn did which significantly suppressed the BTC value.
Short effects, on the long run one person woun't matter at all.
if satoshi is really dead, i think there would be another person that will replace his work and continue what satoshi did and make sure that the project will reach the goals as satoshi wants. but i believe that, if we still using bitcoin for multiple purpose then we can increase the values of bitcoin and bitcoin will stay longer until the end of coins.

Currently a whole team, not a person. The current picture is looking more so like two teams, diverging into slightly different directions, not that good! End of 2017 some sort of democracy will kick in either activating Segwit or just let it time out, which would be the wrong decision in my mind. Not for Segwit's purpose, but for change and progress still beeing imaginable.
That is really unfortunate that some group of people are not caring about the scalability of bitcoin rather they are just looking for their mining profits.

But I am sure they will not keep on blocking for ever. The time will convince them to adopt new changes for better system with better value. It is a usual problem in all open source systems, but bitcoin got like minded devs to contribute for smooth progress all the times.
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January 26, 2017, 08:17:17 AM
 #71

nothing if one person can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price

For me, you cannot change the value, you cannot do anything for the value of a certain money or bitcoin. You cannot also predict the value whether it can grow high, or rise its own value. We cannot see what will happen for the value of a bitcoin, if it is goes high, next day, or next week it will goes down.
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January 26, 2017, 11:17:11 AM
 #72

nothing if one person can incraese bitcoin price
only issue and big news about economic, dollar price
can get incraese bitcoin price
if pumping, only community and big capital money can incraese bitcoin price

For me, you cannot change the value, you cannot do anything for the value of a certain money or bitcoin. You cannot also predict the value whether it can grow high, or rise its own value. We cannot see what will happen for the value of a bitcoin, if it is goes high, next day, or next week it will goes down.

The Topic is about the discussion to try and increase the whole value of the Bitcoin, Not just the present rate. If you the current situations and be updated with the news every day then you can can predict whether the price is going high or getting low.

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January 26, 2017, 10:04:56 PM
 #73

Do you think, a single person can impact on bitcoin price? Obsolutely no. May the person might advertise about bitcoin and few people start using bitcoin because of this. But this might note impact much!
It depends on the person, if Satoshi revealed himself or someone discovered who he is then even if he is not involved directly on bitcoin anymore he could affect the price dramatically, if he wanted to withdraw his coins then probably the price will plummet, but if he burned his coins then the price will skyrocket.

I dont see the reason why the price will skyrocket if Satoshi burn his million BTC.  At this point, the coins is idle, so basically it is out of the  in the market circulation, burning the coin does not change anything except making it permanently out of the market.  But I agree that when this million BTC move and sold and dumped aggressively to the exchange, we can see a sudden decline in price maybe we can see another sub $100 BTC.
Even if the coins are dormant they are still there and are part of the bitcoin economy, as satoshi said lost coins are a small contribution to the value of the other holders of bitcoins if satoshi burned his coins that would be a big contribution to all of us, and that could be enough to give us another rally since confidence in the coin will go up.

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aardvark15
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January 26, 2017, 11:14:14 PM
 #74

I think the more we can inform people about Bitcoin and it's uses and benefits, the more likely it is to succeed. Many people just don't know how it can be used yet and most don't even know that it is still around and thriving.
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