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Question: What would benefit bitcoin more?
A promotion from the president - 11 (13.1%)
Advertising - 22 (26.2%)
More sites using it - 36 (42.9%)
Worldwide school presentations - 6 (7.1%)
Nothing - 1 (1.2%)
Huge giveaway - 8 (9.5%)
Total Voters: 84

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Author Topic: What would benefit bitcoin more?  (Read 5907 times)
Teraboy
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May 14, 2017, 09:00:31 AM
 #21

What do you think will benefit it?
A lot of your choice doesn't make sense for me. But the correct one is more site will using it. bitcoin as a new payment and the site is unfamiliar with it will try to adopt it as an alternative payment. and bitcoin will be accepted on a lot of the sites.

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May 14, 2017, 10:30:51 AM
 #22

What do you think will benefit it?

Bitcoin nowadays was very popular and trending all around the world. It is much better to spread bitcoin by simply  conducting a seminar in any subdivision places like in clubhouse, just what I'm thinking about it for now which I know is the best.


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May 14, 2017, 11:45:23 AM
 #23

What do you think will benefit it?

I think that the biggest thing to happen to bitcoin is only through the support of the president. If there is a support of the president the central banks will also follow and that will bring a new era to bitcoin. Just look at Japan since their leader have agreed to accept bitcoin then the whole country is benefiting from those move. Next month Australia will follow the footstep of Japan and it will be great.
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May 14, 2017, 01:26:30 PM
 #24

What do you think will benefit it?
I choose  Worldwide school presentations because if some educate about bitcoin on school i think that is big benefit once all student educate about bitcoin thet can spread the news about bitcoin. If that happen president are do search about it.
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May 14, 2017, 01:33:02 PM
 #25

What do you think will benefit it?
I choose  Worldwide school presentations because if some educate about bitcoin on school i think that is big benefit once all student educate about bitcoin thet can spread the news about bitcoin. If that happen president are do search about it.

If bitcoin will be advertise in a school, don't you think it will affect the students? Making the teachers alarmed, banning the bitcoin, especially the students. I think bitcoin don't need to advertised, the services like bitcoin wallet or exchangers must do the advertisements of their own services, bitcoin will be said in that advertisement, no need to make a different advertisement for bitcoin.

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May 14, 2017, 02:10:26 PM
 #26

What do you think will benefit it?

The thing which could benefit the Bitcoin most is "mass adoption". More the people using Bitcoin, more will it expand and nurture.
You said promotion by President. A promotion by President could be only when Bitcoin is legalized in country, otherwise why the first person of country will promote something illegal. So, legalization or recognition is the most prominent thing which could benefit Bitcoin and contributes to mighty mass adoption.
Then, advertising and sites using Bitcoin are also various way in which mass adoption could increase. So they are also the sub-heads of the same.
However, I don't think "Giveaways" will ever contribute to Bitcoin popularization especially in 2017 when there are already millions of users of Bitcoin.   


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May 15, 2017, 03:45:12 AM
 #27

I voted for advertising. While more sites using accepting bitcoin is a big part of the goal, it has to come from demand. This means we need more people to own bitcoin and the ask their local retailers "Do you accept bitcoin?"

This can be accomplished with a global advertising campaign that literally asks people to ask their local merchants "do you accept bitcoin?" With some helpful resources for people to learn how to buy, store and spend bitcoin.

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May 15, 2017, 04:40:03 AM
 #28

What do you think will benefit it?
I choose  Worldwide school presentations because if some educate about bitcoin on school i think that is big benefit once all student educate about bitcoin thet can spread the news about bitcoin. If that happen president are do search about it.

If bitcoin will be advertise in a school, don't you think it will affect the students? Making the teachers alarmed, banning the bitcoin, especially the students. I think bitcoin don't need to advertised, the services like bitcoin wallet or exchangers must do the advertisements of their own services, bitcoin will be said in that advertisement, no need to make a different advertisement for bitcoin.

I agree, bitcoin has its own fans, only certain people who use bitcoin, I think, let bitcoin be searched by others, many people are looking for people to use it, if advertising in school, I am sure this will be very complicated. . , Parents will not let it. It is very strange if students or schoolchilds focus more on bitcoin hunting than school, and bitcoin is still unacceptable as a means of transactions by people, so I think, let bitcoin be in place. At least for now. There are still many ways that will benefit bitcoin, now bitcoin grows and try bigger, so we have to support all this.
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May 15, 2017, 04:54:48 AM
 #29

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.

For people to adopt Bitcoin, they need to be aware of it.  So the first move would be advertisement and promotion.  After people have known Bitcoin the next part is educating them about bitcoin.  We cannot remove any part of this steps.  They are like a package that we need to implement.  So definitely, I agree that adoption best benefit bitcoin but it all starts with an awareness campaign that advertisement and promotion do.
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May 15, 2017, 05:15:29 AM
 #30

I am going with 'more sites using it' imagine if amazon,ebay and other popular sites start using it there would be more benefit for the bitcoin. More adoption then the price would be sky rocket, but i doubt those companies would adopt it we all know that bitcoin transaction is very slow also it's not suitable for small transaction cause it consumed much fee so i believe they would think twice before adopt it as their payment system. In fact bitcoin offering more advantages such as irreversible,decentralized and simplicity yeah maybe this scaling issue must be fixed first in order to make bitcoin more perfect as payment method.
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May 15, 2017, 05:26:49 AM
 #31

Well, anything from the choices except for nothing will surely benefit bitcoin. Bitcoin needs all the help that it can get so that it will become more successful and accepted to other countries. Anything that will make bitcoin more popular will also give users a huge advantage because not only that it will be legalized in their places, the price of bitcoin will also skyrocket resulting in an increased demand for bitcoin.

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May 15, 2017, 07:48:49 AM
 #32

The benefit of bitcoin is to advetise and promote because it is so nice, especially to the student because it can educate this and know how important the bitcoin is in terms of finding money so that  it can help their in times of needed, because we can earned through bitcoin.
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May 15, 2017, 08:32:48 AM
 #33

What do you think will benefit it?

A very difficult question to answer

I am of the opinion that it will be more beneficial if more sites use bitcoin...

"More sites using it"

As has been said here, casinos are doing a good job and if more countries accept bitcoin, more universities give courses and talks about bitcoin and its technology. The more beneficial it will become for bitcoin

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May 15, 2017, 08:48:38 AM
 #34

I have voted for "More sites using it", but in fact I think we are missing an option here. What about "More people are using it"? Because IMO wider adoption is what benefits bitcoin the most.
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May 15, 2017, 09:09:41 AM
 #35

What do you think will benefit it?
Ofcourse really a profitable thing but for the owner of the bitcoin not for the Bitcoiners , it is because most of the Bitcoin holder usually wait for the time to increase the price of the Bitcoin and this is possible when the Bitcoin available in the Limited amount in the Bitcoin market so it will be it will be more better that we should have a limited amount of Bitcoin in the Bitcoin market that will be result into the lack of the amount of Bitcoin in the market and this will give rise in the price of the Bitcoin .
Since in the Bitcoin we have the limit in the Bitcoin supply of a 21 millions that is really a cool thing for those who holds the Bitcoins because after the mine of a total of 21 millions of Bitcoin the amount of Bitcoin suupply in the market will get stop and this will surely result in the increase of the price .

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May 15, 2017, 09:17:13 AM
 #36

What do you think will benefit it?
Ofcourse really a profitable thing but for the owner of the bitcoin not for the Bitcoiners , it is because most of the Bitcoin holder usually wait for the time to increase the price of the Bitcoin and this is possible when the Bitcoin available in the Limited amount in the Bitcoin market so it will be it will be more better that we should have a limited amount of Bitcoin in the Bitcoin market that will be result into the lack of the amount of Bitcoin in the market and this will give rise in the price of the Bitcoin .
That is their advantage, it is hard to create such as this one, a great innovation for us, so it is their time to return all the efforts they inserted here.
Of course the first person to become rich is the owner itself, we also benefited here and a great income for us especially to those who are willing to take risks in investing their money.

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May 15, 2017, 09:54:43 AM
 #37

More and more businesses and Individuals using and saving Bitcoin would benefit it more but to be honest, the most pressing problem that needs to get fixed where Bitcoin is concerned is the scaling problem. That really needs to get sorted fast or Bitcoin might be only used for large transactions in the future.
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May 15, 2017, 11:17:55 AM
 #38

What do you think will benefit it?

There are a lot of people that will benefit bitcoin but the ones who are going to benefit more is the company behind Satoshi Nakamoto. Did you thing Nakamoto created bitcoin without a marketing plan or a road map. Using logic and common sense the biggest exchangers were part of Nakamotos groups, along with it are other online businesses. We thought that satoshi was simply making bitcoins but it was planned all along to create an empire of businesses using bitcoin as a form of currency.
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May 15, 2017, 11:47:24 AM
 #39

More advertising is good because with more popularity the demand will increase and the price will increase alongside with it. More sites using it is also important because one of bitcoin function is as a digital currency. If there are a lot of stores that accept bitcoin, people maybe start to use bitcoin. The last is the legality of bitcoin in the country. If the country announce bitcoin adoption, more people will start using it.

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May 15, 2017, 01:43:53 PM
 #40

What do you think will benefit it?
I choose  Worldwide school presentations because if some educate about bitcoin on school i think that is big benefit once all student educate about bitcoin thet can spread the news about bitcoin. If that happen president are do search about it.
yes that can be a good idea, but to me i think it is one of the most difficult job to education children about bitcoin. i think it will take a lot of time as it is not such an easy job for them to know about the technical issues about bitcoin. as bitcoin is still not using as currency, therefore children do not need to learn about bitcoin, because people are using bitcoin for investment and trading purposes.
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