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Author Topic: Idea: How to increase bitcoin demand  (Read 3198 times)
dewildance
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August 09, 2018, 08:33:07 AM
 #101

This is not so easy. It is not easy for individual e-commerce firms to accept this with individual requests! I think the bitcoin price has to move less to accept it.
Andrej7508
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August 09, 2018, 08:37:14 AM
 #102


How to increase the demand for Bitcoin? I think that simply Bitcoin will increase the mass use of its large payment systems by banks and other commercial organizations around the world.
tazmannia
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August 09, 2018, 08:55:51 AM
 #103


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.

Say  Cool  idea""!!!!!!"""
 I agree that if a very large number of people. they will experience difficulties in paying with cryptocurrency, and there will be a lot of requests from users, The Amazon Administration will be able to respond to our requests. We need to try to help the crypto community grow up.
davydovsa
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August 09, 2018, 09:03:01 AM
 #104

Some other ideas can be giving incentive to people making most number of transaction per month. Will boost use of crypto as currency.
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August 09, 2018, 09:43:08 AM
 #105


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.
This is not a good idea. Bitcoin price i too volatile to pay for goods and services with it. The demand will create itself through time, when mining of BTC will get harder and harder.
ListingOnly561
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August 09, 2018, 11:28:53 AM
 #106

Bitcoin already has a good demand but the downfall creat the main problem as long as the market of bitcoin rise there is nothing to do except wait.
alo4521
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August 10, 2018, 08:03:58 AM
 #107

Bitcoin demand is already increasing but in a slow rate due to restrictions against Bitcoin from governments and other negative impacts so people are still afraid of Bitcoin and many getting out but the above mentioned process can make a huge change under these situations to increase the demand   
Saisher
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August 10, 2018, 08:28:13 AM
 #108

Unfortunately, I am not in a country where I can buy products from Amazon, so I cannot make a request but here in our country I can buy some products using my bitcoin but I have to first exchange it to local currency there is still no store that you can buy straight with Bitcoin.
malbterxic
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August 10, 2018, 08:34:29 AM
 #109

The idea is interesting but utopian, the fact is that such companies process millions of requests a day, and even several thousand requests from our side will not change anything. most likely they take a cut according to statistics and when the demand for BTC payment is high, then they will activate such a service

shoreno
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August 10, 2018, 08:45:07 AM
 #110


~ snip ~
This is not a good idea. Bitcoin price i too volatile to pay for goods and services with it. The demand will create itself through time, when mining of BTC will get harder and harder.

why not ?  yes its true that bitcoin is too volatile but lately its volatility have been slowly decreasing or in short bitcoin has gotten stable due to the recent crash . therfor , implementing bitcoin as a payment method will now be a good idea because merchants wont know have a hard time to adjust their pricing from time to time .  buyers on the other hand will also find it easy  to use thier bitcoins due to the reduced fees caused by the recent market crash .
CeyCrypteon
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August 21, 2018, 05:59:24 AM
 #111

By making Bitcoin more useful to people and that is significant because even today we use Bitcoin as a trading asset we often doesn't use it as a currency and that is a major thing to decrease the demand so the best thing to do is increase options in online businesses to pay in Bitcoin to purchase products or services and that can increase demand   
Teriyanone
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August 22, 2018, 11:16:30 AM
 #112

Something more demanding means it is either useful or rare in the world so if goin to increase the demand in Bitcoin in the world what should do is it's options should be increased in the world by opening more reliable, usable payment methods for Bitcoin users in the online retail business and other key industries  and creating rewarding methods specifically for Bitcoin users to gain benefits for using Bitcoin instead of fiat money or other currencies with that public eventually will get attracted to Bitcoin which can led to increase in demand as a digital currency
ashtonator
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August 22, 2018, 11:26:35 AM
 #113

A good idea to influence e-commerce websites to accept bitcoin as a payment option. i think a stumbling block would be crypto is too volatile for now to be used as payment by these sites.
stownbridge
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August 22, 2018, 03:20:32 PM
 #114

An excellent idea. Each bitcoin party should take this advice for use. Only mass demand can speed up the recognition of bitcoin on all the equations.
Faroxx
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August 22, 2018, 03:26:59 PM
 #115

This is certainly a good idea, but it seems to me that such large stores as amazon will not listen to ordinary users Cheesy
bluehive21
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August 31, 2018, 01:53:37 PM
 #116


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.


Best way to make Bitcoin demanding in the world is use it in business transactions and other essential transactions often in order to make it useful, practical and demanding in the real world but it doesn't happen and in the crypto community we see more holders than crypto users and it is becoming common. So when an ICO project is introducing investors calculate the possible income they can get after the currency rise than its usability or helpfulness for a particular industry. So the current trend should be change to make Bitcoin more demanding
Apple Mac
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August 31, 2018, 02:11:45 PM
 #117

This is a idea, but just bumping Amazon with thousands of requests about this, won't make BTC's value skyrocket! This topic has been discussed by amazon internally maybe, and being them a big market, I wonder if they could take on the risk with a very volatile coin arising. Ofcourse that this risk may make them even more rich, but they will have to sort this out, if they want to accept BTC payments.



Well we all have different perspective towards a certain issue but as far as I know I think Bitcoin would fluctuate if there would be more and more people who will make a move to like this platform and be involve here , but when it comes to demand, we can say that this is possible if Bitcoin will be introduce in any form of social media which we can is a good medium in introducing something new to mass.

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August 31, 2018, 02:32:00 PM
 #118

The best way to convince more online and offline retailers to start considering adding bitcoin as a payment option is to let them see the huge numbers of people who are using bitcoin for daily transactions, business owners operates their business mainly for profits, and they would certainly be willing to adapt to changes if they see huge potential in doing it.

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CharlesCorley
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August 31, 2018, 06:14:00 PM
 #119

Good idea but I don't think all of this will going to work because as long as the market will not going to be established the demand will never going to be increase.
Odlanyer
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September 10, 2018, 03:59:58 PM
 #120

The idea to increae bitcoin demand is buy more and the demand get increase but some people said that the demand is defend to the market.
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