The Solution to Raise BTC's Value

[Dirk2017]

Maybe the regulation shall be review as i believed before the regulation most of the dirty money are hidden by using the crypto currency making the demand to increase but after the full regulation, the illegal people are now prevented to use the crypto currency to hide their money making the demand to reduced too and the Bitcoin value.

[Kakmakr]

The removal of exchanges are not going to solve any problems, because you are also removing the on-ramp for fiat to BTC conversion. We have to be honest with ourselves at this stage and agree that exchanges are currently a necessary evil, because it give ordinary fiat slaves a soft cushion to land on, when they want to buy bitcoins for the first time.  

Most people are used to the regulated environment of the current fiat system and all the customer protection that it offers them and they want the same treatment from Crypto currencies. <They still need to understand what real financial freedom is, without intermediaries>  

 

[Dogboy714]

I don't think you even know what "VC" means, its clear the way you toss around that word, you haven't a clue.

i think your narrow mind does understand the multi-layers and depths and widths of how things are.
but hey. good luck in life.

venture capitalists come in many forms. they put funds into many different things in many different ways. you may have only understood one way because your understanding only comes from one source.

venture: to take a risky course of action
capitalist: to invest in return of profit

many people think VC just means throw money at startups. but it dont. VC invest in many things. new/old/small/big

Venture Capitalists, only come in one FROM, to finance new ventures, usually in 'silicon valley', and always tangible companys that can later be resold to the public or privately,

VC are careful with 'Other Peoples Money', they don't invest in fly by night PONZI schemes

VC's are down terribly in the last two years and entire VC biz in SV is hurting.

First I thought maybe you meant "Virtual Currency" when you said VC,

The fact is two thing MADE BTC rise in 2017, first was FED-FIAT flowing all over the world, low interest money, however QE got closed DEC 2017, so now there  is no new money flowing to BTC, the second source of MONEY to BTC was credit-card debt  to the HILT by our morons here on this site. The banks closed the door on credit card debt also in DEC 2017.

No new money came to BTC since DEC 2017, and the whales pulled the plug Jan/Feb 2018, which led to the slaughter.

...

Regarding your 'theory' there is many kinds of VC, I suppose in your moronic view of the world HedgeFunds can be 'VC's' or even bank, certainly unicorns can also be VC's, again your definition of VC is 'virtual currency', because it doesn't exist.

VC's don't invest in intangibles, it just doesn't work that way, your ignorance your ability to impress a flock of morons is impressive.

Venture Capital is a very tight business model, and its almost always guys that are already rich, having taken their company public, and what they do in their boredom is invest in new company's, because they're bored.

VC GUYS would never buy crypto because they're NOT idiots, and they have no plan to 'get rich quick', cuz they're already rich,

I can't think of a single VC guy promoting BTC, its all the retards like Winkelvoss, or McAfee ( dick-eater ); Every solid serious financial guy on earth has been calling BTC a 'big fat ponzi'.

...

But I see what you have done, ..

"Venture" - means business
"Capital" - means money

Ergo BTC is' VC' because BTC is in the business (scam/ponzi) of making moron rich (Money)


Great FRANKY, but this bullshit will not even get you a glass of free water in a bar in SV.

Just go away buddy - everyone sees thru u. I'm sorry for your losses.

[dothebeats]

Regulation IMO is what actually invited some of the players around bitcoin, and completely removing that, alongside exchanges that facilitates some of the trades for fiat-crypto would impair the price by a huge bit. Not that I'm all-in for crazy regulations and such but I see them as somewhat a necessary part of the economy because it helps people buy things in a fast and smooth manner. At this point, only institutional investors actually coming in the market can create a massive push and ignite a new FOMO that happened in 2017.

[realcrypto]

Eliminating the exchange is not the solution to our problem. The exchange play a very vital role in this ecosystem, the exchange make us to have easy access to any cryptocurrency we need at anytime from any part of the world provided there is access to internet.

[jeromix]

the more realistic thing to make bitcoin prices rise is to make bitcoin more functonal. meaning that bitcoin really has an exchange rate for an item and becomes a payment instrument. then bitcoin will be increasingly in demand and will make its value go up.

Yes i believe that if bitcoin will be like an instrument for exchange goods, products and services then it will create a good demand from the people. Besides it could even be considered an asset where one should hold in the believe that bitcoin will going to raise its market price value due to its demand. For now, only few establishments are utilizing bitcoin as a form of payment. So meaning to say that demand for bitcoin is also low.

[muslol67]

I just wish it was that easy. Bitcoin is in the hands of many different people. Also a stock exchange where manipulation is frequently used

[franky1]

VC GUYS would never buy crypto because they're NOT idiots, and they have no plan to 'get rich quick', cuz they're already rich,

i am laughing.
maybe you should do some research next time

crunchbase should be a start point for you. where you can start to see where all the money flows
its not about them buying btc for the VC to hold. its more for buying bitcoin companies where the companies want to be paid in BTC.

also VC's do invest to get rich. this is to KEEP their pockets full even when they are handing out the cheques, again they do it directly and indirectly.
but first you need to understand them before you can understand their actions and the reactions caused by them. which is where i think you are having issues with.
but i have attempted to help by giving you a few tips on where to begin your research.

i do understand your frustration that dev teams stopped innovating bitcoin and turned their mind to try being economists by saying bitcoin should just be a value store and other networks should be the payment utility.
(but btc cant be a value store if it has no utility to grow desire to grow the production(mining)cost to keep the base value rising)

but once you get passed all the mumbo jumbo of knowing the devs got bought out/bribed by investors. the solution is to now concentrate on the direct effect on bitcoin, which can change if we had other new dev teams on bitcoins network making full nodes to not just rely on one teams software base.

[Amevalentine]

Making Bitcoin once again popular is actually very simple. Just need its price to rise, so there are many potential investors who are now waiting to buy it. People don't dare to buy bitcoin now because they are intimidated by the huge drop in bitcoin, but that doesn't mean Bitcoin loses its value.

have to give positive and good news to bitcoin, don't release the news to bitcoin which is not good and my advice is that

[Wicked Sick]

The trigger for what happened to the market is still unclear.

Thoughts?

1. the 2017. was triggered by VC money that needed to buy btc to pay off some tranche(contracts) that succeeded in november2017
the price of 2017 should have not gone up so much, but speculation, hype and FOMO pushed it too high and that temporary bubble burst by spring 2018

2. some of then contracts had a 12 month lock. meaning november 2018 release to spend.. and so they did
(mid november to mid november was no coincidence)

3. asic manufacturers startd swapping out old redundant s9 asics in october and started using the spare space for quality testing(mining for profit) new next gen asics. but knowing the wider community cant get these next gen asics until end of dcember they they didnt want to shoot their own foot or cause controversy by pushing the hashrate up.. (they learned that lesson in october 2013). so instead they knew they could still win blocks, still profit while running less asics to keep hashrate down.

4. it has nothing to do with drama of altcoins. the altcoins are the lemming that got hold of old gear cheap so totally unrelated. alt coiners just took the drama they created as a way to glory hound themselves some fake news that they are influential. but reality is they are not. there is no arbitrage evidence they even affected the prices

Good insight, it's always good to learn from more experienced users, I knew about the contracts, but I didn't know about the miners, it's logical to think that they will hold out a little longer to bring the next generation to market.

[xYakult]

Making Bitcoin once again popular is actually very simple. Just need its price to rise, so there are many potential investors who are now waiting to buy it. People don't dare to buy bitcoin now because they are intimidated by the huge drop in bitcoin, but that doesn't mean Bitcoin loses its value.

how can we be able to raise the value of btc again? we are all a small person in this industry we dont have the capacity to make the value of btc raise again. and we dont know what is the plan of those huge holders of btc.

[SistaFista]

Eliminate crypto exchanges and give people the ability to easily use crypto in everyday life and these problems go away!

Thoughts?

How can we use crypto everyday if we cannot find exchanges to buy cryptocurrency ?
I think exchanges have nothing to do with the volatility of bitcoin value. If there were no exchanges, the value of btc could not rise because many buyers bought btc from exchanges. To raise the btc value, we must eliminate the scammers and fraudster in cryptocurrency who use btc to scam peoples.

[TheWalkingCoin]

The greatest ideas for solution and make bitcoin prize is raise is keep and hold your bitcoin on your wallet, never try for selling your bitcoin at really lower price and make bitcoin will drop and lower price again.

[Pursuer]

"One popular theory is that the the supply of brave buyers willing to take a punt has now been exhausted.
Regulatory interest may be another reason."

I disagree with both reasons.
the first one because buyers have not gone anywhere and it has nothing to do with bravery. it is about the fact that a large sell off from certain parties in the market was capable of decreasing the price even though the market was filled with buyers!
as for regulations, they have always been around and not much has changed about them. if anything it has become better considering the changes.

We still have yet to be able to do this because we still have to use crypto exchanges to deal. These exchanges are still registered companies and can be shut down at government's whims.

unless it is some weird country with a weird dictatorship oriented government, the exchanges aren't going to be shut down for no reason!!! and as long as they don't do anything illegal like money laundering they will never be shut down.

Eliminate crypto exchanges and give people the ability to easily use crypto in everyday life and these problems go away!

A distributed exchange network complete with widespread use of a decentralized marketplace would fix the fundamental crypto issues we see today.

Thoughts?

it is not possible simply because trading bitcoin requires fiat (don't confuse it with trading altcoins which is crypto versus crypto trade and can easily be decentralized). and since fiat requires banks and similar methods and all of them are easy to be faked it becomes impossible to have a decentralized market where people trade bitcoin-fiat.

for example you can not prevent credit card thieves from using it to buy bitcoin unless the market is a centralized exchange.

[bitcoinisbest]

I just wish it was that easy. Bitcoin is in the hands of many different people. Also a stock exchange where manipulation is frequently used

Couple of things which is in our hands - Ask your friends to hold it and not sell panicking which is very bad. Secondly keep buying on the dips and not selling in the dips . This will help the community as well as price would be maintained and will also rise if people do not sell and seams will keep on rising .

[badungs]

In my opinion. the easiest way to increase the value of a bitcoin currency is to buy a large amount of this currency so that it will reduce supply. currently the supply of bitcoin is very abundant in the trading market, making the price of bitcoin continue to decline. so that control is needed between the amount of supply and demand.

[LbtalkL]

The greatest ideas for solution and make bitcoin prize is raise is keep and hold your bitcoin on your wallet, never try for selling your bitcoin at really lower price and make bitcoin will drop and lower price again.

Well you are right but this is impossible to happen maybe it is but compared to the holdings of whales we are just very small portion there are so much whales and dumpers and we can't control them. I was hoping for Bitcoin ETF all approve and mass adoption, Big Companies adopting blockchain technology.

[xYakult]

The greatest ideas for solution and make bitcoin prize is raise is keep and hold your bitcoin on your wallet, never try for selling your bitcoin at really lower price and make bitcoin will drop and lower price again.

Well you are right but this is impossible to happen maybe it is but compared to the holdings of whales we are just very small portion there are so much whales and dumpers and we can't control them. I was hoping for Bitcoin ETF all approve and mass adoption, Big Companies adopting blockchain technology.

those whales has a great part on making the price move but if we are the one who will make a move to make the btc value goes to its good price i think it will hard for us to do that our holdings is not enough to do that.

[Siren]

Making Bitcoin once again popular is actually very simple. Just need its price to rise, so there are many potential investors who are now waiting to buy it. People don't dare to buy bitcoin now because they are intimidated by the huge drop in bitcoin, but that doesn't mean Bitcoin loses its value.

So you really think that we can easily bring bitcoin to popularity?The question now is HOW CAN WE MAKE THE PRICE GO HIGH again?you talk as if this is an easy task mate but the truth is this js impossible

And besides bitcoin is very popular in its own way,but the sad thing is the popularity is more on negativity and not in positively,though good or bad publicity is still a publicity,but we need more good than bad things right?

[Zin-Zang]

The trigger for what happened to the market is still unclear.

https://www.economist.com/finance-and-economics/2018/12/01/bitcoin-has-lost-most-of-its-value-this-year

"One popular theory is that the the supply of brave buyers willing to take a punt has now been exhausted.

Thoughts?

Here is a theory for you.
The Price of BTC went to $20000, because people were buying it up using credit card debt.
In Dec 2017, Banks Banned buying crypto with credit cards.
The Price drop began not long after.

By April the price per BTC was ~$7000, Many Miners spent all of their monetary reserves buying btc trying to support a price floor of $6000 for months.
Now their reserves are gone and so are the price floors.
Miners are declaring bankruptcy in record number and quitting mining altogether.

BTC Price is going down for the perceptible future.
Hash Rate is still dropping.
A Network Death Spiral for BTC is not off the table.