What would benefit bitcoin more?

[Cointertrade]

Yes bitcoin is more beneficial to all people..reduces unemployment..give more benefits to society..most popular and valuable digital currency in the world..more and more people world wide successfully accepted bitcoin

Bitcoin really help a lot of people because of the benefits the its give to people. Bitcoin now is the hope of people experiencing financial difficulty so we can said that bitcoin is the most strongest and valuable digital currency and most people who entered here is so successfull.

[doomloop]

Yes bitcoin is more beneficial to all people..reduces unemployment..give more benefits to society..most popular and valuable digital currency in the world..more and more people world wide successfully accepted bitcoin

Bitcoin really help a lot of people because of the benefits the its give to people. Bitcoin now is the hope of people experiencing financial difficulty so we can said that bitcoin is the most strongest and valuable digital currency and most people who entered here is so successfull.

Yes it is helping the bitcoin price and the value will get in the bright and secure coin, I use the bitcoin and the importance will give you the high amount of the money. It is not very much time catching and the bitcoin will give you more and more financial power. The bright future of the bitcoin is the best source of the money I use the coin and the get in the crypto world.

[btcprospecter]

More business accepting bitcoin is the answer. As more and more people start to use bitcoin so the need grows with that comes price rises. Supply and demand.

[Fireblade]

More business accepting bitcoin is the answer. As more and more people start to use bitcoin so the need grows with that comes price rises. Supply and demand.

But very honestly i would like to say, that currently i do not think that enough business have adopted bitcoin. may be in some places we can expect, specially in modern countries, but i do not think that there number are much more. But in future we can expect that a time will come when bitcoin will be use as currency and then most of the businesses will accept bitcoin for payment methods.

[Tukang Becak]

More bitcoin benefits are very profitable, the main reason I use bitcoin for hoping to get a profit, besides profit, I use bitcoin because for the transaction can be faster with a very cheap cost than banks.

[joelou]

A promotion from presedent if presedent endorse bitcoin i think there so many people support presedent that more and more using bitcoin.
Worldwide school presentation bitcoin have to be discussed in deffent schools. But will definitely bring good and bad effect in student.

[Nambuwan]

What do you think will benefit it?

The one thing that i can think of to benefit bitcoin is to have more people invest in it. The more investors the bitcoin get the higher the currency it will obtain. In that case it will benefit a lot of bitcoin users, it’s a win win for all.

[suzanne5223]

Wooing the government of every national to endorse bitcoin will benefit bitcoiner and bitcoin more because the total world population is 7.6 billion as of October 2017 and there are 11.48 million bitcoin wallets in existence in January 2017 according to Blockchain.info while, we have  3 million active cryptocurrency users across the world. If government endorse bitcoin more people will believe in bitcoin and more investor will hop in.

[zanezane]

What do you think will benefit it?

The one thing that i can think of to benefit bitcoin is to have more people invest in it. The more investors the bitcoin get the higher the currency it will obtain. In that case it will benefit a lot of bitcoin users, it’s a win win for all.

Yeah I would agree to this, the more it gets attention of the public the more it will be known and the more it'll be known the more the value gets increase. And also the president's promotion is a big plus for bitcoin because he's the most powerful and influential person in a country.

[bearexin]

A promotion from the president

Lol.

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.

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.

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.

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.

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.

I think only the people would benefit bitcoin. Because these are only humans that run everything and using currencies for their needs. The more sites, the governments, the companies and common people in the ordinary communities will be the main source of increasing the value and market cap of bitcoin. I think the main role in this regard is that of the multinational companies.

There are so many important factors which will play their own roles in order to benefit bitcoin more. The most important thing which can bring a very good name to bitcoin is none other than role of the government in declaring it as legal across their own countries. Secondly, starting of trade in the international market will also be very much effective in order to help bitcoin earn more good reputation.

If bitcoin will be declared as legal by all the countries or even by most of the countries, then it will no longer remain decentralized. In fact, this will add more restrictions on the investors of bitcoin as they have to pay the tax as well then.

In my opinion, the thing which can benefit bitcoin the most will be more awareness about bitcoin amongst the people. It will increase the number of investors too.

There are pros and cons of everything. I think legalization is the most important thing which can bring more good reputation to bitcoin. There are so many people who are not investing in bitcoin just because of the reason that it is not legal and they actually don’t want to take risk by investing in it. Legalization of bitcoin across the globe will definitely help bitcoin in earning a very good reputation.

[zarados]

Adoption of bitcoin by large or medium-sized companies can be very useful for bitcoin development. As we know that recently there is an issue circulating that Amazon has accepting bitcoin. So it is with microsoft, steam, and others. With the inclusion of the name of bitcoin on their web or application, it is already a great free advertising on the target. This will impact the user's growth of the bitcoin itself. So I think, other companies like facebook group and others, need to adopt bitcoin.

[tengek37]

I think the excess bitcoin is the price that tends to continue to rise and aggressive price correction so many opportunities that can be taken either make a sale or purchase to get as much profit as possible.

[MinMan]

What do you think will benefit it?

I think the acceptance of governments will be the decisive factor for the development of bitcoin. Because every time a country accepts bitcoin, the market will be expanded, and that's a good opportunity for bitcoin to grow.

Indeed government of each and every country is a representation of the public of that place so you are hundred percent right that a drastic change will be visualized if the government accept bit coin as legal crypto currency because the people of that country will feel free to invest more and more in bit coin without getting frightened or worried.

[KEPLER99]

What do you think will benefit it?

The one thing that i can think of to benefit bitcoin is to have more people invest in it. The more investors the bitcoin get the higher the currency it will obtain. In that case it will benefit a lot of bitcoin users, it’s a win win for all.

As far as I think, there is nothing more beneficial for bitcoin than more awareness about bitcoin amongst the people. More the people who will be knowing about bitcoin, more are the chances that the number of investors will be increased. It is because of the reason that for now, only 1% of the population of the entire world is having an awareness about bitcoin. So we need to let people know about bitcoin.

[stayeduptolate]

Bitcoin gets benefit from different ways. It can benefit by different web sites by using bitcoin for different purpose. Which boost its growth rapidly. Advertising is one of the main reason for the  growth of bitcoin. Because of this mare and more people connected with bitcoin increases day by day. In this way bitcoin got much publicity. Media, newspapers taking lead role in it. Government permission might be hold some credit for the growth of bitcoin. Easy money transaction and exchange can be a reason from which bitcoin gets benefit.

[BTCevo]

More business accepting bitcoin is the answer. As more and more people start to use bitcoin so the need grows with that comes price rises. Supply and demand.

But very honestly i would like to say, that currently i do not think that enough business have adopted bitcoin. may be in some places we can expect, specially in modern countries, but i do not think that there number are much more. But in future we can expect that a time will come when bitcoin will be use as currency and then most of the businesses will accept bitcoin for payment methods.

Although it is not much but nowadays it is growing. I do not know who but I saw many bosses and some industries are adopting bitcoin right now and it is really good for us when the price ia reall huge. But we never know if this is going to be bubble or it has strong fondation. We can't really predict what is the outcome when we can't control it

[frowsiter]

What do you think will benefit it?

Well I have been to this thread earlier but I want to add more stuff to this after getting some updates from the forum itself.


I have read too many posts regarding the acceptance of bitcoin within amazon merchandise or they thinking to do so. If this happens then I’m sure it will contribute to bitcoin on major scale.


The market cap of amazon is 520 billion USD and if ten percent user base also use bitcoin then it can help publish the bitcoin in positive way plus its price will rise too. Also amazon will be main factor to contribute into its publication. Just waiting for that day.

[bakkang]

More bitcoin benefits are very profitable, the main reason I use bitcoin for hoping to get a profit, besides profit, I use bitcoin because for the transaction can be faster with a very cheap cost than banks.

Most of us here, getting profit is the reason why we entered bitcoin world. This is one of the benefits that we can get if we use bitcoin in our life. But it makes also every transaction at ease in the online world.

[Vannie12]

For me it does not promote only our business but also bitcoin benefit every individual, those persons with or without a permanent job who wants to have an extra income like me. It benefit us in the way that it gives chances to others. We know at the start it is not very easy to do especially for those who are just a begginer, like me i am just new here in doing bitcoin but, at the end you will realize that  bitcoin really benefit us and you will enjoy what you are doing.  Just work hard for it and bitcoin will give what is for you.

[offlinedragon]

What do you think will benefit it?

I think the acceptance of governments will be the decisive factor for the development of bitcoin. Because every time a country accepts bitcoin, the market will be expanded, and that's a good opportunity for bitcoin to grow.

Indeed government of each and every country is a representation of the public of that place so you are hundred percent right that a drastic change will be visualized if the government accept bit coin as legal crypto currency because the people of that country will feel free to invest more and more in bit coin without getting frightened or worried.

This will also favor bitcoin but the main thing is to arrange public seminars to draw attention of common people toward this profitable coin by this way there will be much more investor coming toward this coin and the advertisement through proper way will also give benefit to the bitcoin and on top of it if people will start using it government will have to bend the knee in front of mighty bitcoin and that will be epic.