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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 6021 times)
marjoree
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October 05, 2017, 09:18:44 AM
 #81

It would probably by the use of advertisement since most of us have tv's and our home, so just by sitting and watching like for an hour we can see that it is being promoted while for the president announcing it, it will happen just once or twice from the news so not all can see it

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Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
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October 10, 2017, 02:31:54 PM
 #82

I think with the results of trading in bitcoin will generate more profits to meet the needs of human life in the future. let alone the value of bitcoin price is high enough to make a lot of people interested to join bitcoin. because bitcoin prices are higher compared to local prices that are quite low.
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October 10, 2017, 03:03:03 PM
 #83

I think the major headache of Bitcoin's operability is the lack of support from governments and central banks to accept it into their jurisdiction because they see it as competition and so I think if the president or head of state of a particular country or all countries starts promoting Bitcoin it will be the best thing among the lots listed.

I think the thing which will benifit Bitcoin the most is an increase in popularity. An increase in popularity can lead to a massive rise in the price of Bitcoin. An increase in popularity will increase the acceptance of Bitcoin on international level which will also aid in the growth of Bitcoin.
Awareness campaigns can help people to understand the technology of Bitcoin and it will encourage people to invest in Bitcoin which will increase the demand of Bitcoin which will also help Bitcoin to achieve a higher price.
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October 10, 2017, 03:12:19 PM
 #84

What do you think will benefit it?

I think when a president or a country is abl ito successfuly integrate bitcoin into thwir economy and it worked well and it grew into many dimensions then I think that would benefit it greatly. As other countries will look to explore it and would see if they can also kntegrate it into their economy.

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October 10, 2017, 03:14:11 PM
 #85

The biggest benefit to bitcoin is always going to be greater real world use, this could be brought about by all of those mentioned but I think the most effective would be by more sites accepting it. For example major retailers such as amazon accepting bitcoin would be absolutely huge and lead to an enormous price spike in my opinion.
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October 10, 2017, 03:54:27 PM
 #86

What do you think will benefit it?

I think one important thing that would benefit bitcoin you have not included and in my opinion if it starts happening , bitcoin will really go places. That agenda is that, it should officially be used to pay bills, like school fees, taxes and other forms of bills.

Where this is done, the importance of bitcoin will increase and the value will equally skyrocket but stable.
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October 11, 2017, 03:28:23 PM
 #87

It would probably by the use of advertisement since most of us have tv's and our home, so just by sitting and watching like for an hour we can see that it is being promoted while for the president announcing it, it will happen just once or twice from the news so not all can see it

I don't think huge give away should near that list. The reason is majority don't value anything given to them for free and so, making freebies of bitcoin would not guarantee its acceptance nor usage.

School presentation would go far to benefit bitcoin. My reason is also that, things don with the support of pupils or children of school age usually get attention because the kids would either be singing a particular gingle that they heard from the seminar in the house, thus catching the attention of the parents . This is one reason that manufacturer, having catch up with this idea would always manufacture products of this level because they have already existing market for the product.

The point then is, school presentation is a good leverage for bitcoin.

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October 11, 2017, 03:31:54 PM
 #88

What do you think will benefit it?
Since we are on digital era and we know social media or peoples eyes are mostly on the net then advertisement would be the best choice among on the poll. We know advertisement either on offline or online is the effective way on spreading the awareness of bitcoin existence but this thing is really limited as of now since there would people would really block it.
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October 12, 2017, 12:04:51 PM
 #89

The biggest benefit to bitcoin is always going to be greater real world use, this could be brought about by all of those mentioned but I think the most effective would be by more sites accepting it. For example major retailers such as amazon accepting bitcoin would be absolutely huge and lead to an enormous price spike in my opinion.
Amazon Is accepting it and they took a great initiative as by seeing them more store will allow their costumers to pay in bitcoin and this will give ease to the store as well as the payer, this will increase the popularity of bitcoin as well and there will be increase in depend if people start using it as payment there will be more price rise for the sake of investors profit.
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October 12, 2017, 12:33:00 PM
 #90

What do you think will benefit it?
Since we are on digital era and we know social media or peoples eyes are mostly on the net then advertisement would be the best choice among on the poll. We know advertisement either on offline or online is the effective way on spreading the awareness of bitcoin existence but this thing is really limited as of now since there would people would really block it.
Advertisement through proper channel will help a lot to bitcoin to grow and progress easily and this will allow more people to know about it and invest into it this will also give increase to the prices and will give benefits to the investors also so it’s the responsibility of investors also to advertise and recommend this invention to other so that more people will get blessed.
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October 12, 2017, 01:32:25 PM
 #91

What do you think will benefit it?
Since we are on digital era and we know social media or peoples eyes are mostly on the net then advertisement would be the best choice among on the poll. We know advertisement either on offline or online is the effective way on spreading the awareness of bitcoin existence but this thing is really limited as of now since there would people would really block it.
great advertisement is best way to get more money or benefit because with advertisement people can know about bitcoin or new thing and its so effective
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October 12, 2017, 01:40:26 PM
 #92

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.

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October 13, 2017, 05:46:35 PM
 #93

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.
The circle of the bitcoin is getting wide and the value is going high,. He more you will invest the more you will get the benefit, so try to invest more and the people who have invested are trying to have the max of the opportunities. The values increase and the price too so make it sure that the bitcoin investors will make the bitcoin famous and will be able to have the high profit.

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October 13, 2017, 05:58:53 PM
 #94

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.
The circle of the bitcoin is getting wide and the value is going high,. He more you will invest the more you will get the benefit, so try to invest more and the people who have invested are trying to have the max of the opportunities. The values increase and the price too so make it sure that the bitcoin investors will make the bitcoin famous and will be able to have the high profit.
I don't think the owners of cryptocurrencies can be called investors. In my understanding the investor is sponsoring the production, and then earns a profit from the fact that this company produces products and services. How bitcoin can be used for investment? Bitcoin helps to develop the producers of computer equipment but this is not enough for economic development. The primary use of bitcoin is speculation. Speculation only redistributes money.
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October 13, 2017, 07:19:32 PM
 #95

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.
Don't expect money to fall from the sky. If you have no job you have to find other means of earning your money. Either way you'll have to work for money somehow because BTC is only a payment system and a store of value. It's not a charity and it wasn't meant to support jobless people. In a bitcoin economy you still have to work for food and the number of available jobs stays relatively the same.

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October 14, 2017, 07:19:24 AM
 #96

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.
It benefits more people with jobs and to those who don’t have and this is the blessing of bitcoin that it is so valuable and profit giving coin that everyone wants to invest into it and the thing that will benefits bitcoin more is the advertisement of this mighty coin through social media and electronic media this will bring more people to invest and also gives profit to old investors.
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October 14, 2017, 09:31:35 AM
 #97

Maybe the ones who benefit more would be the people with no jobs.Because it provide them a source of income for themselves and fir their family.
The circle of the bitcoin is getting wide and the value is going high,. He more you will invest the more you will get the benefit, so try to invest more and the people who have invested are trying to have the max of the opportunities. The values increase and the price too so make it sure that the bitcoin investors will make the bitcoin famous and will be able to have the high profit.
I don't think the owners of cryptocurrencies can be called investors. In my understanding the investor is sponsoring the production, and then earns a profit from the fact that this company produces products and services. How bitcoin can be used for investment? Bitcoin helps to develop the producers of computer equipment but this is not enough for economic development. The primary use of bitcoin is speculation. Speculation only redistributes money

I think you are using the term in a rather narrow sense

Moreover, you can't be 100% certain that speculating in Bitcoin (the point which I totally agree with, by the way) can't actually contribute to economic development. I perfectly understand what you mean to say but if you try to look at this matter from another angle, you will see that you can't say for certain either that whatever you consider as real investment does actually contribute to economic growth. After all, I can always claim that there can be better ways to contribute to the said economic growth, and on this account assert further that your investment is not a "genuine" one which truly contributes to this growth. In other words, it is a matter of degree, not of kind

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October 14, 2017, 09:42:30 AM
Last edit: October 14, 2017, 10:37:10 AM by Eternu
 #98

There is little that could be done to advertise and help Bitcoin grow. There are some technical problems that first needs to be solved before it could be used in every part of world. It is not just how well Bitcoin is known, more important is where you could spend it. To improve it first we need more places to spend our Bitcoins. After that everything will fall in line on its own.
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October 14, 2017, 09:53:24 AM
 #99

It would probably by the use of advertisement since most of us have tv's and our home, so just by sitting and watching like for an hour we can see that it is being promoted while for the president announcing it, it will happen just once or twice from the news so not all can see it

in my own point of view it would benefit better for more income earned by many. i am basing on the stories i have heard i mean success stories who have been with bitcoin for quite some time. Im amazed actually, because what i first thought is that, bitcoin number one purpose is to help others to earn big.
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October 14, 2017, 10:04:53 AM
 #100

I think if you tell and educate people then they interested in using it is also a way to benefit bitcoin because the more people who uses a currency the higher the price it gets because the volume of demand to that currency also gets higher. Once they learned how about bitcoin change the lives of many other people here or in some other sources they'll be amaze how does this digital currency work and will have to try it. That could benefit bitcoin by advertising and educating people.

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Phantom
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DICE
SLOTS
BACCARAT
BLACKJACK
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GAME SHOWS
POKER
ROULETTE
CASUAL GAMES
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