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Question: What would benefit bitcoin more?
A promotion from the president - 11 (13.4%)
Advertising - 22 (26.8%)
More sites using it - 34 (41.5%)
Worldwide school presentations - 6 (7.3%)
Nothing - 1 (1.2%)
Huge giveaway - 8 (9.8%)
Total Voters: 82

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Author Topic: What would benefit bitcoin more?  (Read 5128 times)
Crapz23
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May 13, 2017, 10:58:11 PM
 #1

What do you think will benefit it?
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May 13, 2017, 11:04:58 PM
 #2

"Worldwide school presentations = A promotion from the president = Advertising"
Those stuff above are the same thing. One of them is being advertised in schools, one is advertised by the president and the other is general advertising.

"Huge giveaway"
Never does any good. Same as printing money.

"Nothing"
If you do nothing, nothing happens.

"More sites using it"
That's the result. (and the most benefiting one) To achieve this result, you definitely need advertisements. So "Advertising" is my answer.

More people know bitcoin's existence, there will be more potential users.
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May 14, 2017, 12:47:06 AM
 #3

In this stage bitcoin need a lot of new users, so it needs a lot of advertising, and worldwide presentation from school will be great, if we teach crypto currency for teenager, it will be great for crypto future and if bitcoin could be implemented in more business it will attract more user to used bitcoin and bitcoin can become more valuable, while huge giveaway only going to benefit for the person that already know bitcoin

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May 14, 2017, 01:06:07 AM
 #4

To spread the opportunities that the bitcoin giving inbmany bitcoin holders and bitcoin users the advertising is the best way to do it or doing a seminars about cryptocurrency mamy people didnt know about bitcoin so they dont have awareness and knowledge about bitcoin to start investments.

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May 14, 2017, 01:12:10 AM
 #5

"More sites using it" is the best option to make more people adopt Bitcoin as digital currency to make online payments. The casino sites already made a good job for BTC community by allowing people gamble with Crypto-Currency, now the shopping sites should help Bitcoinas well by accepting it officially as payment method.

The another options would be helpful too, but the option mentioned above is the most useful to benefit Bitcoin.

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May 14, 2017, 01:39:24 AM
 #6

"More sites using it" is the best option to make more people adopt Bitcoin as digital currency to make online payments. The casino sites already made a good job for BTC community by allowing people gamble with Crypto-Currency, now the shopping sites should help Bitcoinas well by accepting it officially as payment method.

The another options would be helpful too, but the option mentioned above is the most useful to benefit Bitcoin.
As of now bitcoin acceptance is increasing on the merchants side as well from the common people. At the same people need to be at least a technical knowledged to some extent. For this reason acceptance from online stores would reach only a certain user community mainly the internet users. We need to reach common people to go similar to mainstream usage.


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May 14, 2017, 01:51:21 AM
 #7

More countries legalizing it without huge bureaucracy stuff, like Japan did and countries like Denmark do now?

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May 14, 2017, 02:33:39 AM
 #8

A promotion from president.

If a president were to endorse Bitcoin, it would signify that the president supports Bitcoin and thus it is legal no matter what. No matter what kind of advertising you do, people are always going to be want to stay within the boundaries of the law. Even if all the sites were to use Bitcoin, people would still prefer traditional method because it is more trustable.

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May 14, 2017, 02:42:32 AM
 #9

One thing that will benefit is that country legally announcing bitcoin as a virtual currency. This will boost and mass adoption will happen in that country. As Japan legality approved it dues to which we have seen a huge surge in the price where its has cross 1800$ levels due to legally approval from one country.

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May 14, 2017, 03:30:58 AM
 #10

One thing that will benefit is that country legally announcing bitcoin as a virtual currency. This will boost and mass adoption will happen in that country. As Japan legality approved it dues to which we have seen a huge surge in the price where its has cross 1800$ levels due to legally approval from one country.


Well and it's hard to imagine that during the early years this is just like an underground business that only cryptographers and other coders only know the trade and later it begun expanding into a promotion site for project sites. And i can say that economically it will change how the world see currencies and most transactions will take please in an untraceable data.

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May 14, 2017, 03:34:05 AM
 #11

all of these are helpful one way or another but in my opinion nothing can beat people wanting to spend their coins. it may sound silly but if people start treating bitcoin as a currency more, and stop just hoarding it, then the "mass adoption" that everyone is just dreaming about will happen.
because merchants won't accept bitcoin as long a there isn't enough demand of it (enough people wanting to spend) and others won't accept it as long as there isn't much usage for it.

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May 14, 2017, 03:43:15 AM
 #12

What do you think will benefit it?

Us. we bitcoiners would benefit with the bitcoin. You can easy say that to your self. Bitcoin is helping you in terms of money right? When the price of bitcoin goes up you earn a profit from it. All of the bitcoin users will benefit from the price of bitcoin and no other than that. All people who have a bitcoin in wallet will benefit the bitcoins

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May 14, 2017, 03:53:41 AM
 #13

Huge giveaway and promotion from president. Huge giveaway can attract more people around the world to make them try and use bitcoin. Promotion from president also a big move for bitcoin though, bitcoin become accepted on that country.


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May 14, 2017, 05:54:54 AM
 #14

a more stable price to begin with, is what i think will benefit bitcoin most of all. it helps many trust it as a currency to use and also a good investment that doesn't swing around big like $100-$200 at a time.

 A promotion from the president
this is cool if it happens. obviously. but that also means bitcoin needs to be regulated first.

 Advertising
this also helps but who is going to pay for the advertisement? bitcoin is not a company.

 More sites using it
of course more usage is mandatory.

 Worldwide school presentations
meh, nobody listens in school. and kids don't care about these stuff that much Smiley

 Huge giveaway
this may actually hurt bitcoin. because most of the receivers will just dump to get the fiat and get out.

Buying the dip...
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May 14, 2017, 06:14:57 AM
 #15

What do you think will benefit it?


A promotion from the president   
Depends on the president at this point in time an American president vouch would be a negative and positive ad at the same time.
Advertising   
Awareness will result in more adoption but in and of itself is not the goal.
More sites using it   
Adoption is the goal so that is my vote
Worldwide school presentations   
Huh It would help to do TED Talks and teach young students or university level ones about Bitcoin. It has been done before and does build interest from technically skilled people but would not be the main objective it is a good long term goal though.
Nothing   
More $$$ if you don't have enough Bitcoin a longer period of time to keep buying before the prices appreciate further.
Huge giveaway
Not at this point in time unless someone else is paying  

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May 14, 2017, 06:40:42 AM
 #16

Advertising, for me, is the major way in order to promote bitcoin and gain benefit from it. Any type of publicity is a form of advertising and propagating information about bitcoin will definitely bring bright effect not just for bitcoin but also for every individual who uses it. Moreover, this is the type of activity that bitcoin developers lack. If ever bitcoin was advertised from the start, I think bitcoin is a God now.


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May 14, 2017, 08:22:03 AM
 #17

- A promotion from the president. I really doubt that any president will promote that, if only bitcoin become national currency.
- Advertising. it can help, but just not so aggressive to bitcoin doesn't look like new financial pyramid for the people who don't know anything about it.
- More sites using it. I would add here "more places using it", because if bitcoin will be accepted in a supermarket on the corner it will attract attention and will help for bitcoin's spreading.
- Worldwide school presentations. I heard that in some economic schools they talk about bitcoin during their lections. I think Bitcoin have to be discussed in every high school.
- Nothing. In this case bitcoin will stay known only in a short circle of bitcoin users and it's spreading will be very slowly.
- Huge giveaway. That will play bad joke with bitcoin indeed.
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May 14, 2017, 08:28:15 AM
 #18

More and more sites using bitcoin,the more ane more people are interested to bitcoin ,fast and easy payments ,no need cash just btc address and your good to go .

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May 14, 2017, 08:49:53 AM
 #19

More and more sites using bitcoin,the more ane more people are interested to bitcoin ,fast and easy payments ,no need cash just btc address and your good to go .

More and more businesses apart from only gambling and porn then it will grow higher. Because as of now mostly only gambling people are using bitcoins and other businesses not accepting bitcoin. If they also start accepting these bitcoins then its prices will go sky high. But that is not so easy because many governments still not considered to regulate bitcoins yet.
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May 14, 2017, 08:58:02 AM
 #20

What do you think will benefit it?

Out of the options given i can only pick adoption as #1. If people are using it nothing else really matters, this was the original intention.

                   
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