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Author Topic: How can we push the actual use of Bitcoin ?  (Read 8647 times)
Intersan
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September 13, 2017, 06:30:05 PM
 #261

the market capitlization is too big to push anything.. unless you have several millions and coordinate all of them to buy/sell, it's not possible
It is hard to push the actual use of bitcoin cause it is too big ang not so popular to the other. Even some of the people know the bitcoin it is hard to use because some store did not already accepted the bitcoin. For me much better to earn a bitcoin and convert it to the local currency which give an extra profit. I think this will happen if the bitcoin become so popular and can compete to the demand currency and first of all need to legalise the bitcoin to accept by the other.

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September 13, 2017, 07:37:42 PM
 #262

The actual use of bitcoin can be achieved if people start being aware of it, the usage of computers and internet , some transactions tied to bitcoin use. Transactions/payments/activities being done with or only by bitcoin will steadily push up the use of bitcoin but this might also involve the government sort of. Also, more stores / plazas or businesses transacting with bitcoin too will help the push.
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September 13, 2017, 07:50:03 PM
 #263

the market capitlization is too big to push anything.. unless you have several millions and coordinate all of them to buy/sell, it's not possible
It is hard to push the actual use of bitcoin cause it is too big ang not so popular to the other. Even some of the people know the bitcoin it is hard to use because some store did not already accepted the bitcoin. For me much better to earn a bitcoin and convert it to the local currency which give an extra profit. I think this will happen if the bitcoin become so popular and can compete to the demand currency and first of all need to legalise the bitcoin to accept by the other.


If we all people support the bitcoin in our social network sites without any type of earning motivation means you can able to find the good breaks in bitcoin and it's value will increase and we may expect the various adoption, supply and demand because of that. Then Government will take bitcoin as legal currency too.
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September 13, 2017, 07:50:49 PM
 #264

the market capitlization is too big to push anything.. unless you have several millions and coordinate doing o
                                                                                                                          f them to buy/sell, it's not possible
It is hard to push the actual use of bitcoin cause it is too big ang not so popular to the other. Even some of the people know the bitcoin it is hard to use because some store did not already accepted the bitcoin. For me much better to earn a bitcoin and convert it to the local currency which give an extra profit. I think this will happen if the bitcoin become so popular and can compete to the demand currency and first of all need to legalise the bitcoin to accept by the other.


Plus the fact that bitcoin gives decent profit to anyone who holds or trade it, I doubt bitcoin as money will just be used on market. Most people in the crypto that trades bitcoin and eventually will convert it fiat are mostly wants to do holding bitcoin and just using 3d Maneuverr gear (exchanges) when want to withdraw their bitcoin. Meaning they doing cashout when it really needs no matter the increase .

We can't force a person or merchant itf they will push bitcoub victory.
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September 13, 2017, 11:54:10 PM
 #265

There is no need of a pushing, let it grow on the gradual manner as it's now. If this needs to be promoted already several advertising might have been done, but in reality the growth is enormous and trustful through word of mouth rather than other means of promotion.
It is quite true that people dobot necessary need to do something. Because change is normal to happen to bitcoin, and as aprt of development changed growth and innovation are a part of it. So the only thing we need to consider is to support bitcoib for it to achieve something that could be the possibility to earn.

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September 13, 2017, 11:59:51 PM
 #266

If we can make people understand the benefits of Bitcoin, and if we explain how all fiat currencies are very likely to fall in price in the long run, I have no doubt that we would be helping to increase the Bitcoin userbase.
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September 14, 2017, 02:36:57 AM
 #267

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

I think the most effective way to push for the development of r for the funtion of BTC is for people to make other people be aware of it. Once the general public become consumed with BtC not only will its stock rise but the Government will also take notice and in effect put it further into the spotlight.
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September 16, 2017, 02:28:57 AM
 #268

I think we cannot do much as regular investors and regular people if the miners and big investors rule the price of bitcoin and helping with the volatility, this way bitcoin in my opinion will also never be used in real life, it is supposed to be decentralized but there are too many people manipulating the price
There is not much to do, besides bitcoin is not helping itself with slow transactions and high transaction fees when that is solved people will begin to use bitcoin once again as a currency and then adoption will begin to grow once again, it is a slow process but that is the way things work, cell phones went through a similar process and now look at it there are more cell phones than people.
barbara44
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September 16, 2017, 07:24:26 AM
 #269

I agree with you, we are not suppose to just hold, because if BTC wants a future, it needs practical value, and can't just be used for trade. The thing is, that I think bitcoin utility will come on a natural way as the coin gets some more development. As soon as the Lightning Network gets implemented, I think the utility of BTC will just grow exponentially. They will be able to compete with paypal, mastercard and visa, in terms of transaction speed, so yes, they can be used for normal grocery buys after that (I heard UBER will accept BTC in a near future).
We should not simply keep holding bitcoins in our wallets for future purposes, if we want bitcoins to continue the legacy we should use them in trading and buying selling things off and on.

Bitcoins are having the potential of becoming international currency and that’s good news if Uber if going to accept bitcoins.
I agree with you very much in this regard that bitcoins are not meant to be kept in wallets simply. They should be used for buying and selling purposes only then we can put pressure on authorities to make them legal around the globe. Indeed, bitcoins are meant to be international currency of the world.
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September 17, 2017, 03:57:04 AM
 #270

I know we are having a slow groth among the merchants around the world about awareneess of Bitcoin but I think, we shold work under a targeted stratagy focusing on the merchants and it will indirectly grab eyeballs of the potential Bitcoin users and will boost the user base down the road.

In my country, there are currently two major exchanges are both of them are working to build such awarness amount the potential users of Bitcoin. Even though less than 1% of the population have ever heard about Bitcoin but such practices would defineatly help to inculcate Bitcoin and blockchain technology.
but exchanges do not mean that bitcoin is being use with the right purposes. As you can see, bitcoin right now is being hold as a type of investment and no one seems to care about the potential that it can change the currency system. If you want to push the actual use of bitcoin, bitcoin holders need to use it as a daily currency

Exactly, exchanges are being used as investment controlling platform but still, I don't think that there is an issue in doing so because we are still in the early phase and those having faith in the future and potential of the Bitcoin should get rewarded in one or another way.

Now coming back to the currency point, I think such efforts are inculcating the Bitcoin as a payment system among the digital fiat currency users so this would help Bitcoin to grow in that direction. Even though we have a long way to go, I am optimistic about it.
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September 17, 2017, 04:43:38 AM
 #271

To this thing, i think it's important that we keep using bitcoins in a good way or stay on the positive side and avoid the misuse of bitcoin. Stay keeping all the advantages of bitcoin / keeping the good name of bitcoin and continues to be nice on using bitcoin we have, don't let bitcoin serve as a crime medium and finally bitcoin smeared as a criminal medium. Beside that, sure we should also disseminate all good sides of bitcoin also to peoples who are not knowing yet on bitcoin.
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September 17, 2017, 04:51:01 AM
 #272

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
We can push the actual use of bitcoins if all the people in our community are now aware to the bitcoin. I know that time is now near because the bitcoin is now becoming popular than before.

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September 17, 2017, 05:04:53 AM
 #273

Pushing people to use bitcoin is easy if we are able to prove a good income earned from bitcoin, I'm sure everyone needs money and people will believe if we are able to prove it.

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September 17, 2017, 05:14:59 AM
 #274

Pushing people to use bitcoin is easy if we are able to prove a good income earned from bitcoin, I'm sure everyone needs money and people will believe if we are able to prove it.

In my country we don't to push people to use bitcoins. If you tell that this was legit one, how this going to be earn and how much will be the price people will surely interested about it. The only thing is they do not know what bitcoin is cause in our country only few people who knows it.

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September 17, 2017, 06:41:17 AM
 #275

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.

I think that to push it we really have to take into account that before we can further bitcoin we have to first influence or teach bitcoin to the people around us. Once that they have a grasp of what bitcoin is then rverything will fall i to place and into fruitation
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September 17, 2017, 06:54:21 AM
 #276

I think, the only way how we can push usage of Bitcoin, is to involve more people and businesses. I think popularization and better understanding what bitcoins can be used for, will really push usage of Bitcoin.
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September 17, 2017, 07:10:51 AM
 #277

Pushing people to use bitcoin is easy if we are able to prove a good income earned from bitcoin, I'm sure everyone needs money and people will believe if we are able to prove it.
Yeah you have a good point. People will not use bitcoin if they don't have knowledge from it and they are not believing to the bitcoin. We should prove to them that bitcoin is existing and true.
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September 17, 2017, 07:20:29 AM
 #278

I and many others just hold their bitcoins and wait till it gets worth more. But that is not how a currency should work. A currency is meant to be used in daily trades for groceries and so on.

My question is how can we push the actual use of the bitcoin and what is nessacary to do that ?

I think first, we should wait till the scaling problem is hopefully solved in near future, because right now even if I had f.e. a grocery store, I would not accept Bitcoin as payment becasue of the confirmation time of the tx (I would hand out some coupons which can be bought for BTC)

After this problem is solved this would be my ideas, I hope you help me gather more:

  • Convince organisations like amnesty international to accept bitcoin as donations
  • Convince big internet companies like amazon to accept payments via bitcoin, this should take a while but with some petitions they might consider it (propably better starting with some smaller companies)
  • Start accepting bitcoins yourself, not only on the interent but for example if you are a student and do some private tutoring, and have a small ad for you on a blackboard somewhere, you could print a "Bitcoin accepted" on it.
The thing is centralized organizations control people's minds most of the time, and if a grocery store starts accepting bitcoin as a payment mode, soon more will join and the more big the group of bitcoin accepting merchants get, the problem will be for the government as this would affect the economy, because there is not tax on bitcoin,if you just do everything for yourself and do not contribute to the government, the government will definitely take some action.

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September 17, 2017, 08:15:48 AM
 #279

I accept bitcoins myself and no other options. If the seller don't offer bitcoin payments, I insist on it. If he don't show any interest, I don't do business with that seller and skip to another one.

You have to have a bit of H*tler inside you if you want to push bitcoin's usage further.
Here in my place there are retailers stores who actually make a sign boards that says they accept bitcoins and other altcoins though they of course operate using physical currency but they make crypto also another alternative for payment. And i think in this way those who see the advantage will also take into consideration accepting bitcoin as they start new businesses.

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Alalex
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September 17, 2017, 08:32:02 AM
 #280

look at the time-scale rotation bitcoin will always have high potential in the world use well or develop as much as possible properly then the time bitcoin count will never be lost its value malh will bounce more tungi its nilau in the world .. all would like to still use bitcoin well

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