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Author Topic: Idea: How to increase bitcoin demand  (Read 3199 times)
cahbagus555
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November 05, 2018, 12:29:20 AM
 #181

I am believe merchant will realize the potential of bitcoin or cryptocurrency and they will accepting crypto for payment. We can not dictate demand but we can hold our coin and selling at our target.
I am believe demand will grow if people aware that bitcoin is store of value too not just a digital currency.
levvv
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November 05, 2018, 10:07:44 AM
 #182


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 you contacting the big existing marketplace, maybe you won't get any response.
Instead of that, we can ask to individual sellers whether they accept bitcoin or not. I am sure they will take a look to bitcoin.
Increasing a demand of bitcoin is not easy because there are many peoples don't believe bitcoin as a currency.
cryptokingdom
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November 05, 2018, 10:56:11 AM
 #183

The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.

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imstillthebest
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November 05, 2018, 11:02:15 AM
 #184

The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.

yeah right , those people are not dumb and for sure they are more knowledgeable than us when we are talking about cryptocurrencies  .  maybe they already scheduled the acceptance of bitcoin in their service , maybe they decided to start it next year ( 2019 ) but bitcoin isnt their priority of course . many people do also suggested about other known payment methods that are more legal than bitcoin/cryptos  .

about increasing the demand of bitcoin , we can help by recomending it to our friends or family .  doing a campaign on both online and offline can also be effective to spread awareness about bitcoin .
walemil
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November 05, 2018, 11:17:09 AM
 #185

I agree with you that the merchants will always want to satisfy the demands of their customers but don't forget that these merchants can politely communicate to you why a certain demand may not be met. Merchants want stable coins in order for them not to run into trouble.
happy weblancer
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November 05, 2018, 11:20:02 AM
 #186

The CEO of Amazon is technologically oriented so we are not the one to tell Him when to start accepting bitcoin. When it is time bitcoin will be the first in the payment option list. Let us keeping on doing publicity and attract new investors.

yeah right , those people are not dumb and for sure they are more knowledgeable than us when we are talking about cryptocurrencies  .  maybe they already scheduled the acceptance of bitcoin in their service , maybe they decided to start it next year ( 2019 ) but bitcoin isnt their priority of course . many people do also suggested about other known payment methods that are more legal than bitcoin/cryptos  .

about increasing the demand of bitcoin , we can help by recomending it to our friends or family .  doing a campaign on both online and offline can also be effective to spread awareness about bitcoin .

Cryptocurrency itself will make its own way, it doesn't need kicks. No need to speed up the natural course of events, because no one knows the consequences. What, for example, is the procedure for returning a cryptocurrency in case of refusal from the goods? In addition, payment in bitcoins will cost us much more than traditional payment methods.
[ProTrader]
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November 05, 2018, 11:31:14 PM
 #187

I always do a feedback whenever I purchase an item online. Although I know it is far from reality but atleast we already aware them that there is a new payment method that they can use aside from PayPal, Payeer and other online payment that is tied to fiat currency.
Finn Bery
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November 05, 2018, 11:39:04 PM
 #188

Many holders hold the bitcoin only for the sake of expecting it to gain more value and profit than to use it as a unit of currency.
Flor1982
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November 06, 2018, 02:30:13 AM
 #189

All we need is someone will trigger the pump like if the ETF products will be approve by the SEC or the big whales will play their game again. Once they will trigger the pump then i believe many people will be attracted to join again as mostly are just waiting for the bullish market to start.
Robert46
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November 06, 2018, 02:46:49 AM
 #190

This is simple and easy, Some of the people still don't aware of bitcoin Currency. So Aware people about this currency,
 this is the only way to Make the demand high as possible.
Stac
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November 06, 2018, 09:22:02 AM
 #191

         Bitcoin is considered to many as an investment by several users in the global . At this moment Bitcoin is considered as an asset than currency it is something that people trade like stock or something that people exchange for goods and services anyway some think that Bitcoin will become a single currency in the future. The truth is that there is only 21 million of coins had been introduced and almost more than half of that is mined . To increase Bitcoin demand is not an easy thing since the price is not affordable for lay men if the price is decreased only people can buy and the demand will be increasing now a days the depreciation of demand is because people fear that Bitcoin is been stolen and that cannot be recovered since it is a decentralized one and the government or bank will not support for Bitcoin since they have no interference with the decentralized currencies. 

stigmacryptonight
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November 06, 2018, 09:31:02 AM
 #192

I believe much more marketing campaign, much more bulk ownership, as well as bodily method of all of them requesting when they take bitcoin or even any kind of crypto foreign currency can help.
meanwords
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November 06, 2018, 09:42:12 AM
 #193

Your idea I think is honest but that's not how this works. Amazon won't just simply use Bitcoin as a way of payment simply because of demand. They will still need to consider some plausible things and things that are making transaction difficult. Let's consider this examples, price of Bitcoin, volatility, slow and expensive transactions.
badungs
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November 06, 2018, 11:23:04 AM
 #194

very easy. we must control the supply of bitcoin in the trading market by not easily selling assets. we can sell assets when in an urgent situation. then we have to control the altcoin supply because altcoin is very much circulating but it does not have good quality so that it ends in fraud that is detrimental to investors. altcoin must be restricted in circulation.
kendra1107
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November 06, 2018, 12:40:03 PM
 #195

Demand for Bitcoin is already there and it is increasing through time. It is good that some do come up with ideas how to promote Bitcoin. But I do not see this as necessary because Bitcoin's popularity has grown immensely in the past decade. Bitcoin carries its own name and awareness of its existence has become a buzz. Meaning, there is really no need for any move to increase demand because it will come naturally.

plr
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November 06, 2018, 01:22:48 PM
 #196

I think not only those big companies but medium and small-scale companies too, we can request them to use Bitcoin because there is a big promise of profit in the future, anyway in the future this is what's going to happen because we are in the adoption period and it's going very fast.
Dpat
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November 06, 2018, 01:28:16 PM
 #197

Bitcoin demand will increase only awareness among the people and the Govt. of every economy need to take the first initiation. If the transactions are catch by Govt. then only this is possible and the demand of the Bitcoin grow.
rikybrosh
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November 06, 2018, 01:42:03 PM
 #198


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.
Actually we can use cryptocurrency to buy goods on amazon by using vendors service, you should learn about purse.io . If we want to make bitcoin demand increase then we should tell about bitcoin to people around us so if some of them is interested then they will buy bitcoin.  That's my opinion

Wish 107.5
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November 06, 2018, 01:42:21 PM
 #199

Bitcoin demand will increase only awareness among the people and the Govt. of every economy need to take the first initiation. If the transactions are catch by Govt. then only this is possible and the demand of the Bitcoin grow.
The demand of bitcoin will be increased or get high again when ghe price will start to increase again. Right now the lrice is so low so I don’t think people will buy it right away.
samsul1234
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November 06, 2018, 03:00:00 PM
 #200


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.
thanks to all of you who bought with bitcoin and we hope that in the future bitcoin can be a legitimate transaction for the entire country, and there will be many methods of paying for more variety so that we don't get bored

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