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Author Topic: Idea: How to increase bitcoin demand  (Read 3146 times)
Ammad1999
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October 09, 2017, 06:53:10 PM
 #41

This is simple and easy, Some of the people still don't aware of bitcoin Currency , Im the of one of them but i know this, So this is the only way to Make the demand high as possible,So Aware people about this currency, which is worldwide Currency BITCOIN.
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October 09, 2017, 07:01:25 PM
 #42

Don't force bitcoin like that, it's still pretty unstable and the audience is not so major. It's a good thing that websited like steam have accepted bitcoin. Instead of sending e-mails to businesses to accpet bitcoin, try getting more peoplw around you to use bitcoin, that's how the demand will rise and with it more businesses accepting it.

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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October 13, 2017, 07:12:36 AM
 #43

Many people holding it seem to be in the hopes that more people buy into it and in turn increase its valuation and don't really seem to care to use it as currency anyway. Just how it is at the moment.

The fees as mentioned are definitely a huge hurdle for its adoption as currency.
First of all we should promote bitcoin in our respective communities. Get the people aware of bitcoin. Then tell them the advantages and benefits of bitcoin, and the most important thing is the profit.
If the people all over the world came to know that investing in bitcoin is more profitable than any other business in the world then they will definitely invest in bitcoin because everyone wants to make money.
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October 13, 2017, 11:10:00 AM
 #44


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

Since more experienced members say that this topic is discussed many times before and we see no ability to pay with BTC or altcoins on Amazon, we should think how to get it without Amazon.
DarkSi
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October 13, 2017, 11:35:09 AM
 #45


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

Since more experienced members say that this topic is discussed many times before and we see no ability to pay with BTC or altcoins on Amazon, we should think how to get it without Amazon.

Agree. I guess there should be many ways to make it possible without Amazon help. Since there is no restriction that delivery address should be same as cardholder address there is no need to pay Amazon directly. I think the app with cryptocurrency wallet inside could be able to pay Amazon from the app's owner account with fiat and after that charge its user with btc (or altcoin).

I'm not a developer, but I'm sure it's possible.
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October 13, 2017, 11:43:26 AM
 #46

i think the most important thing is that the government should admit the legality of bitcoin, if this be achieved, the demand will be unbelievable huge, and where there is popularity flow, there is business, then it will be a virtuous circle
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October 13, 2017, 11:45:40 AM
 #47


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
If this is accepted and it is chosen as a form of payment. Bitcoin will have a new direction and its value will grow faster and faster.
aoluain
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October 13, 2017, 11:52:19 AM
 #48


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

Good idea, this is something i mentioned a while back,
There are enough of us here on bct it would have to
Have some impact even if it just creates the smallest
Of infleuences.

Now who is gonna lead the awareness bomb?

R


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October 17, 2017, 12:08:03 PM
 #49

The easiest way is to make it legal, or create a platform which will allow for instant exchange of BTC into state approved/accepted currency.
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October 17, 2017, 01:14:36 PM
 #50


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
I like this idea, congratulates.
We a group of friends also consider this a while before but our issue was the fees on bitcoin or altcoins.
If you can solve this matter then it would be a rocket accelerator.

Opquar
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October 17, 2017, 01:38:58 PM
 #51

They're not going to do it with the current state of the cryptocurrency user base. There's too few of us, and even fewer are willing to actually spend Bitcoin. Bitcoin has massive potential for growth, fiat doesn't. It just makes much more sense to spend fiat the way things are now.
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October 17, 2017, 01:44:31 PM
 #52


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

I'm not quite sure if this idea can increase bitcoin demand. Because in the first place, people who have not a single idea about btc will just chose cash/credit cards for payment on their purchases. The best way to increase demand is spread the word and educate people about cryptocurrency or bitcoin to be specific. How it works and what are its uses and advantages.

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October 29, 2017, 08:29:06 PM
 #53

I think it is time we look into getting a superbowl ad. It is the best way to put Bitcoin on the map overnight!

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June 24, 2018, 11:36:59 AM
 #54

Consider the fact that bitcoin alone is now listed in the top ten currencies in the world by the world bank and the total market capitalization of bitcoin is greater than the GDP of many African and European countries and so cryptocurrency is involved in many of the businesses in the world today which is why the demand is increasing.
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June 24, 2018, 11:51:42 AM
 #55


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.

Probably until the coin is stable in terms of volatility, it would be hard for a company to accept it as payment. The risk is too great to hold massive amounts of bitcoins in wallets from thousands of orders and watch the value plummet because of a price movement. It is far easier and cheaper (transaction fees) to accept payment using their current methods, and for the users who can't use those payment methods they will miss out until there is a viable option.
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June 24, 2018, 11:56:32 AM
 #56

I think it is time we look into getting a superbowl ad. It is the best way to put Bitcoin on the map overnight!

Superbowl ad is very good idea.
Millions people watching Superbowl every year, from many countries in the world.
I'm just afraid that it's to early for such idea.
Superbowl ads are very, very expensive.
I don't know who can pay for it.
Also, I don't think they will accept bitcoin for payment but we can try, of course Smiley

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June 24, 2018, 12:04:08 PM
 #57

Your idea is good and it shows your liking for Bitcoin and other cryptocurrencies but my friend if things were so simple then the price of BTC would not have gone this down. Amazon is a very big e-commerce website in the world and it knows what Bitcoin is and how would it impact it's business if they started accepting it as a payment method. They know the consequences and this why they have not yet accepted it as a payment method. Filling a feedback form and creating a demand won't make a very good impact as of now.

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June 24, 2018, 12:11:20 PM
 #58

I believe e-commerce sites like amazon is used by a lot of people all over the world, so if they accept; I think it will be a big step to increase Bitcoin's demand. In the sense that, it will attract more attention to Bitcoin and make the Bitcoin community also very comfortable in holding Bitcoin. Because it allows Bitvoin holder to purchase everything of the choice without exchange their Bitcoin to fiat. It would also increase people's. believe of Bitcoin legitimacy.
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June 24, 2018, 12:14:48 PM
 #59

Probably more publicity and safer transactions. This thing can really help attract new players.
Right now the volume of trades going on now is very few compared to what is usually is.
This low volume trades will make the market suffer more. Large trades will make the market grow and possibly make a huge turn again to set new highs.
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June 25, 2018, 09:18:14 PM
 #60


Contact e-commerce websites like Amazon, and request that you want to pay with Bitcoin, Ether or any other coin you like.

It can be done by using site's feedback or contact us forms.

This way we can create demand because good e-commerce sites care about their users. And they know that the more payment methods you have the higher the conversion rate (the % of people who buy something) because some users can use only 1 method of payment. For example, some americans can only pay with Paypal while some venezuelans can only pay with Bitcoin, etc. So, if the site supports more payment methods it will convert more orders on average.

To increase the demand for implementing cryptocurrency payments in e-commerce sites we just have to request that using the contact us or feedback forms. The more people give feedback to their favorite online retailers the more people will start using bitcoin as payment method (now that we have segwit).

The more people do this the more demand for Bitcoin there will be.

Thanks to those who do that.
Bitcoin is very volatile and feasible crypto currency and there is no matter of surprising if there is flactuation in the valuation of bitcoin, like all other investments its valuation also flactuates. And the valuation flactuation depends on various factor like market supply of bitcoin and amount of capital invested into bitcoin, there are many more factors that governs the valuation of bitcoin and to increase demand and to increase the valuation first awareness must be created among people so that more and more people can come to know about the bitcoin.
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