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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 6022 times)
killerfrost
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October 17, 2017, 06:56:17 PM
 #121

I think everything is useful for Bitcoin and they all have a certain influence on it. However, if it gets a boost from the president then that is a huge development of bitcoin in that country. In addition, some other ways have been applied and somehow show its effectiveness

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bitgov
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October 17, 2017, 07:03:05 PM
 #122

What do you think will benefit it?
More and more websites are choosing to use Bitcoin and it is becoming increasingly popular. All this contributes to its benefits. Regards.

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October 17, 2017, 07:17:35 PM
 #123

Adoption, like what was done in 2014. Shame it didnt  work out because a lot of sites stopped using it due to the low number of payments through it.
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October 17, 2017, 07:19:36 PM
 #124

Things that can increase the benefits of Bitcoin is legalization and acceptance of Bitcoin by countries around the world, especially the developed countries. this will surely boost the popularity and the value of Bitcoin and massive adoption that will occur in the country. because its popularity will bring in more new users who will maintain Bitcoin.
It seems to me that the great popularization of Bitcoin will really benefit the Crypto-currency. But users will be able to attract more investment and this will be of interest to all governments of developing countries. Thus, it is possible to fill the state budget and thereby raise the country's economy.
Really? If the government can not tax the cryptocurrency users, what is the benefit they earn from crypto? Yeah, nothing for the country's economy, even you can see Japan, till today they still have many troubles after accepted Bitcoin.

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October 17, 2017, 07:33:49 PM
 #125

Things that can increase the benefits of Bitcoin is legalization and acceptance of Bitcoin by countries around the world, especially the developed countries. this will surely boost the popularity and the value of Bitcoin and massive adoption that will occur in the country. because its popularity will bring in more new users who will maintain Bitcoin.
It seems to me that the great popularization of Bitcoin will really benefit the Crypto-currency. But users will be able to attract more investment and this will be of interest to all governments of developing countries. Thus, it is possible to fill the state budget and thereby raise the country's economy.

Because bitcoin can not be intervened and fully regulated, making legality impossible, I am curious about what benefits japan think because they seem to be closed in terms of bitcoin legalization. We need regulation so as not to waver with terror and criticism from the government.
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October 17, 2017, 09:56:58 PM
 #126

Huge giveaway to attract attention is important, although advertised and promoted well but if there is no advantage offered then people will not be interested anymore about btc, they will just know but not more.
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October 17, 2017, 11:54:30 PM
 #127

Things that can increase the benefits of Bitcoin is legalization and acceptance of Bitcoin by countries around the world, especially the developed countries. this will surely boost the popularity and the value of Bitcoin and massive adoption that will occur in the country. because its popularity will bring in more new users who will maintain Bitcoin.
It seems to me that the great popularization of Bitcoin will really benefit the Crypto-currency. But users will be able to attract more investment and this will be of interest to all governments of developing countries. Thus, it is possible to fill the state budget and thereby raise the country's economy.

Because bitcoin can not be intervened and fully regulated, making legality impossible, I am curious about what benefits japan think because they seem to be closed in terms of bitcoin legalization. We need regulation so as not to waver with terror and criticism from the government.

regulation is needed because we also need to have protection from the government that can guarantee us all in the use of digital currency ,, but pro and cons sprung up related to this problem .. indeed this is certainly something that is planned by japan so this new problem arises .. hence the very carefulness in need in the current period when japan has been heavily adopted bitcoin...
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October 18, 2017, 12:21:12 AM
 #128

Giveaways would be nice. First, plenty of people would just get some free money, they'd sell right away. Some others will hold, which is even nicer for them.

Most importantly: some will get lost. People will loose access to their little amounts, and will probably forget about it. That'd mean, less bitcoins overall, a.k.a. More value for the rest !
well, who will be paying all theses giveaways, I don't know. We can dream, too

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October 18, 2017, 01:57:11 AM
 #129

What do you think will benefit it?
Advertising is most likely to introduce bitcoins to people. It gives idea to the people where they confuse about. It is another way to make people interested in this kind of matter. If they'll become interested to this, and talk about this, read, join, make an account and many more, this will be cause of increasing demand and makes the market value higher.
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October 18, 2017, 03:14:20 AM
 #130

What do you think will benefit it?
Advertising is most likely to introduce bitcoins to people. It gives idea to the people where they confuse about. It is another way to make people interested in this kind of matter. If they'll become interested to this, and talk about this, read, join, make an account and many more, this will be cause of increasing demand and makes the market value higher.

Indeed, by advertising in various media of course this is a good alternative to promote bitcoin to be more familiar with everyone so as to attract their interest to jump in bitcoin business, in addition to the popularity of the user population will certainly increase, thus helping speed up the progress of bitcoin.
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October 18, 2017, 12:02:01 PM
 #131

More over popular to all jobless people in need of work..a big help to all people ..making future life even better Kiss Smiley
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October 18, 2017, 01:13:56 PM
 #132

will be more popular if more and more sites are using bitcoin, investing as well as quick and easy transactions will surely more and more people are using it and getting it. so no need to bring lots of cash to travel. just need to save a lot of bitcoin.
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October 18, 2017, 01:26:04 PM
 #133

What do you think will benefit it?
personally I think that the thing which will benifit Bitcoin the most would be an increase in its acceptance. If more people are willing to accept it as a mean of payment, the more popular it will become. A healthy amount of advertising can also help it to come in use on a daily basis.
It can also come in mainstream if it's use is declared legal by the world leaders. Bitcoin is becoming more and more popular everyday and many people have started to consider it as one of the world's fastest growing investment. If it continues to grow at this rate, it will surely become more popular.
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October 18, 2017, 01:27:02 PM
 #134

A lot of people vote for advertising because the way I also see it we need to attract more bitcoin users in order to support bitcoin as a digital currency. Yes there are already a lot of people who knows about bitcoin but not all of them uses bitcoin for their transactions. I think if we advertise different products and services that bitcoin can be used it will be great.
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October 18, 2017, 02:08:47 PM
 #135

I think if the president will start promoting bitcoin it will be definitely an effective way as president is the most influential person in a country. Many people will start to get curious what's this all about. Then bitcoin will be talk of the town and everything will just follow.
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October 19, 2017, 04:21:12 AM
 #136

I think if the president will start promoting bitcoin it will be definitely an effective way as president is the most influential person in a country. Many people will start to get curious what's this all about. Then bitcoin will be talk of the town and everything will just follow.


There  won't be a lot of presidents that you'll hear talking about bitcoin. It would likely come from financial heads and banks. Regular peiple would benefit heavily here instead of those at the government since bitcoin is free from government's hold and manipulations


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October 19, 2017, 06:03:56 AM
 #137

Quote
A promotion from the president

Lol.

Quote
Advertising

Bitcoin related services are promoting Bitcoin through billboards and other advertising mediums. Asking local vendors if they do accept Bitcoin or sporting Bitcoin T-Shirts is a good way to promote Bitcoin locally, beneficial.

Quote
More sites using it

If Bitcoin needs to evolve from a speculative asset to a reliable medium of exchange/currency then this is what it needs most, merchant adoption.

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Worldwide school presentations

Kids in Wooranna Park Primary School in Australia are already exploring Bitcoin and Blockchain technology. Yeah, having Bitcoin/Blockchain clubs in schools/colleges will not only lead to millennials adopting Bitcoin, but some of them also coming up with their own Bitcoin related startups.

Quote
Huge giveaway

Huge giveaways isn't going to be effective. If you run a blog, not necessarily Bitcoin related, giving free satoshis to your users might get them interested about Bitcoin.

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Nothing

With Japan legalising Bitcoin and a few countries looking at the possibility of regulating Bitcoin, the adoption of Bitcoin is reaching critical mass, to the point where it gets self-promoting and self-sustaining. So even if you don't do anything Bitcoin will promote itself.
There are a lot of things that can benefits bitcoin more like advertisement through all sort of media to spread knowledge about bitcoin as well as starting bitcoin degree program, and if these things are obeyed bitcoin will surely attract more no of people across globe and that will surely give profit to bitcoin as demand will increase that will give pump to price and investors will gain more.
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October 19, 2017, 08:36:35 AM
 #138

What do you think will benefit it?
Advertising is most likely to introduce bitcoins to people. It gives idea to the people where they confuse about. It is another way to make people interested in this kind of matter. If they'll become interested to this, and talk about this, read, join, make an account and many more, this will be cause of increasing demand and makes the market value higher.

Indeed, by advertising in various media of course this is a good alternative to promote bitcoin to be more familiar with everyone so as to attract their interest to jump in bitcoin business, in addition to the popularity of the user population will certainly increase, thus helping speed up the progress of bitcoin.
Advertisement by mass media like television, radio, print media like newspaper and social media like face book twitter and you tube are the best ways for accelerating the speed of popularity among the people and the price of bit coin will automatically jump up which is a key signal of attraction for the investors.
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October 19, 2017, 06:05:39 PM
 #139

now Bitcoin still needs a lot of advertising on various media and introduction to the public because Bitcoin needs more new users to keep growing. Young people are a good market segment to increase the number of Bitcoin users because they’re often to shop especially online shopping and also those who are still actively using social media or hanging out with their friends will indirectly foster a sense of curiosity and lead them to use Bitcoin.
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October 19, 2017, 06:20:33 PM
 #140

would be great if the adoption become more than now, like adopting to online shopping sites. this will attract more new users to this Bitcoin industry indirectly or directly. this will keep the price and the circulation of Bitcoin healthier, while the giveaway only benefits some people and doesn’t mean to gain new users.

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