Bitcoin price and actions to raise it

[TheNineClub]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

I don't think tje future of BTC (and crypto) is in the hands of the individual, rather governments and bigger players because their addoption (or lessening of regulations / finding a middle ground) is what can push it through to the next stage, so us little people have done their part (more or less) and now we need to see how all this unfolds.

[lenaza2022]

Now investors have time to try bitcoin eco-system. For new investors, there is a question about the status of bitcoin and trust. If bitcoin suddenly costs 0 euros or dollars, will bitcoin exist? Can bitcoin exist like a dollar without assets and ensurance? Probably can when it has built environment. As far as crypto is digital money/asset it needs digital environment. It is time for wide environment development. Websites are digital structure where crypto can perform.

[uneng]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

I don't think tje future of BTC (and crypto) is in the hands of the individual, rather governments and bigger players because their addoption (or lessening of regulations / finding a middle ground) is what can push it through to the next stage, so us little people have done their part (more or less) and now we need to see how all this unfolds.

This is a big issue, because when governments and whales take the main roles in crypto universe, it means the environment is becoming centralized and individuals are still slaves of the mainstream system. It actually defeats the purpose of bitcoin. Individuals are the main benefited by bitcoin, therefore should be the main interested ones in making it work by adopting it, using it daily and consequently splitting bitcoins among most hands as possible in order to avoid centralization and heavy market manipulation.

Somehow it has happened along the years, because as we can see market manipulation isn't so strong right now in a point to completely crash the market to the bottom. Support levels are decent and the more adoption grows, more stable the market must be.

About actions to raise price, they are all about increasing demand. And not only demand from investors specifically. Most people in the world aren't investors, but wasters/spenders. To grab this public, businesses must integrate bitcoin to their platforms and offer promotions to customers. For an example: credit/debit bitcoin cards with generous cashback feature, high cashback percentage from purchases made with bitcoin, discounts when shopping with bitcoin an so on... It depends the creativity of each business to encourage people using cryptocurrency.

[KingsDen]

We wouldn't say that bitcoin has not done well in terms of adoption, penetration and acceptability. It is within the parenthesis of a decade since bitcoin was invented but it has made some decent growth.
I believe that what we can do is to continue to preach bitcoin and it will naturally have it's place in the society. 
Countries are already adopting bitcoin as their national legal tender and we know more adoptions will happen.
Companies are adopting bitcoin for payment and more will happen.
We should continue to develop and protect bitcoin and everything will fall in place.

[n0ne]

What we experience out of the market is common. The price reached $31k+ value and have experienced a downfall on the same day. OP have tried the best to make something in the market and support the progress, but there is nothing to be done. These days even the Whales weren't able to drive the market. Maybe we can suggest every business person to accept bitcoin. This needs to be done on countries where cryptocurrency usage is regulated and legal. When real-time usage increase, surely the circulation will reflect in rise of price.

[Jody.Drummer]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Go to CoinMarketCap you will find out what currency you want to fetch. Plus you can see live prices, try to see crypto to fiat conversions, and so on. But the fact is that what society needs is an explanation of crypto as simple as possible. The trick is using the conventional expansion simulation method and then you show it with the crypto payment method. You want to buy bread at a store, now in crypto, there are shops too. The difference is that you don't need to know who the seller is and who the buyer is. Just save the price you want while you wait patiently or you can also use the purchase at the current market price. All will not be much different from the conventional method. The problem lies in the person explaining the simulation, whether they fully understand crypto transactions or not.

[jossiel]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Yeah, you've got a good idea but you'll already see a lot of it upon searching for those. Honestly, you don't need any action right now if you want to interest popularity of bitcoin and have a contribution to its growth.

By owning and hodling it, you already have contributed as part of the community that supports it. As you hold, you also contribute to the lessening of its supply which makes the demand higher. So that means even if you do nothing, you're already doing your thing if that's what you're trying to ask.

[PrivacyG]

Bitcoin is already getting popular, naturally so.  There is obvious interest in it but we are currently not in the best mood of the market which makes it particularly harder for Bitcoin and Cryptocurrency in general to stay positive.

There are a lot of websites already pricing their items in Bitcoin next to the most widely used Fiat currencies.  There is demand for Bitcoin at the positive stages of the market, but people will stay away when they see how the chart has been looking for the past few months.  All we can really do is spread the word and continue using it and learning more about it.  No matter how desperate actions we take, they will not do much until the bear market moves away.

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Regards,
PrivacyG

[Natalim]

No, we can't stop the price cycle of Bitcoin, we can't make everything under the control of our hands, unless if you have all the Bitcoin perhaps it was a sort of manipulation. But I don't think we need to keep the Bitcoin price always high, we also have to put consideration that having this bear season gives us the chance to invest, and once the market went high again, our chance to sell.

It will rise and dump on its way, we'd rather let this thing happen coz we are greatly benefiting from these situations.

[bittraffic]

I think the thread is related to the  St. Louis Federal Reserve which they ridicule the BTC while putting the price of eggs in BTC. This is to show to the people how volatile Bitcoin is. While its true. Its also showing how the free market works. Below is how the article tried to portray how people should see it.

https://fredblog.stlouisfed.org/2022/06/buying-eggs-with-bitcoins/
The price fluctuates quite a bit, between 2829 and 6086, which is much more than it did for the U.S. dollar price. Plus, you’d need to add a bitcoin transaction fee, which has been about $2 lately, but which can spike above $50 on occasion. Hopefully, if you were making this purchase with bitcoin, you’d put many many more eggs in your basket.

[ForMeritt]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies.

This is already being done in a lot of places where crypto prices are displayed. even it seems like this has been done many times, I think we just need patience to wait it out, sooner or later it seems time will prove itself.

[goldkingcoiner]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

I don't think tje future of BTC (and crypto) is in the hands of the individual, rather governments and bigger players because their addoption (or lessening of regulations / finding a middle ground) is what can push it through to the next stage, so us little people have done their part (more or less) and now we need to see how all this unfolds.

I think that the problem is people who do not understand that Bitcoin never was and never will be in the hands of the government. Their regulations are a farce meant to scare the common person into following orders. The more people finally understand this, the bigger global Bitcoin adoption becomes.

It's a simple matter of time. Sooner or later the government will lose control of money, especially the manipulation of the value of money. That's decentralized freedom.

[TheUltraElite]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Crypto will become popular when its users start to realize its pros and cons. What you are trying to do is propaganda and it does not work in the long run. When a person understand that using crypto is easy and safe, then only they will start using ti regularly.

I think the internet has contributed a lot of the growth of crypto for now, beyond this one a more personal level, we bitcoin users should start teaching those who are willing to use crypto about the good and bad and how the vision of Satoshi has been to change the economy. Just dont end up as a tinfoil hat in your neighborhood trying to do this.

Trading bitcoin as always been a sort of debate on the tax issue, many countries are still not clear about it while others ask for exuberant taxes. Altcoin trading should be minimized which seems to draw the young blood away from bitcoin.

[justdimin]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Honestly, it is already quite good and going up, we do not even need new people neither, just the people we have right now and their money would be enough. Like for example if you focus on just the fact that crypto is something that would be less and less available because people will buy and hold, and the remainder of bitcoin will be traded between traders, the price will eventually go up with that idea.

And this is literally zero new money going into bitcoin and still rising if you wait long enough, this is getting faster whenever new money goes into bitcoin as well and that is why I believe that it is quite a good important deal for everyone to realize bitcoin will always go up in the long run.

[Asiska02]

Bitcoin prices has been everywhere for a while now. Many websites and exchanges display the current market price of it. There’s a need to create more awareness about it using other methods too but this is already done before now. Lack of educational background on bitcoin has made many people join without reaping any benefit and at the end left disappointed. The need for an intensive learning about bitcoin is needed before newbies should join as it is important for them, it can add value to the market by buying and holding instead of selling always when there’s a market shift in price.

[_BlackStar]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Unbeknownst to you the bitcoin community is by far growing bigger than ever, you can't just judge the number of users on this forum to determine it but you have to look at something that doesn't seem to be moving but keeps flowing in its circulation and that's those who just take advantage of the market without any activity on the forum.

There are plenty of holders out there who just sit back and enjoy the price volatility without thinking much about how it should be upgraded, modified, managed and so on. This is what makes me call that you don't have to worry about how this news about bitcoin spreads and get more interest from outside.

[Fortify]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

The market cap of Bitcoin is currently around half a trillion dollars, so chances are there is little you can do money-wise to move it much. There are already thousands of sites out there offering pricing information and you don't really need any more sources for it - coinmarketcap already offers a pretty solid source for this information. Making it more accessible to the average user, so they don't have to sign up with obscure exchanges that they might not trust is the biggest step and Paypal helped that greatly yesterday. If they allow you to move Bitcoin to external wallets without selling back to them, then they are going to intrigue a whole new audience with that freedom.

[Gyfts]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

I feel that Bitcoin became much more like a commodity than a currency for most people, investors and the mainstream media. Although we in bitcointalkuse it as a currency , that is not the reality for most people.

This is true, especially within the context of high inflation effecting most of the developed world. But, I don't see that as an issue.

Bitcoin is bifunctional - as a currency and as a commodity. There isn't a problem with someone using it day-to-day in place of fiat currency nor is there any issue with someone holding for long term because both uses increase the amount of Bitcoin users. You might even make the argument that holders that don't put their crypto in circulation could increase the price by lowering the supply. Perhaps not something that has any large scale impact on the price, but one can hope.

[dataispower]

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies.

This is already being done in a lot of places where crypto prices are displayed. even it seems like this has been done many times, I think we just need patience to wait it out, sooner or later it seems time will prove itself.

are you aware that each site of cryptocurrency platform will determine how bitcoin price will be sell to them, and at times it does not take the price of dollar rate or Euro rate, they conclude for their self according to the exchange rate of the site. When you talk of popularity of cryptocurrency, besides bitcoin has get it ground and has made it popularity with out the help of any other currencies, but the exchange of it with fiat currency is what is making it be recognized worldwide

[South Park]

This is the time to look around and ask: What else can be done to sustain BTC growth? How to increase interest in BTC? Everything possible is already being done on the stock exchange. Where are the other growth points? Growth points in increasing demand and interest. Experienced people and beginners love to play. Therefore, growth points can be in expanding people's awareness and offering new tools.

I think it's time to make websites with prices in different currencies: dollars, euros and crypto. It seems to me that this will contribute to the popularization of cryptocurrencies. Strengthening the popularity of cryptocurrencies would lead to an increase in their rate, to more lively trading, and as a result, to strengthening the status of cryptocurrencies.

Nah, unfortunately this is not a good approach, I know it's painful to see how slow the adoption is. But remember the market is barely 10 years old, so it doesn't need to be compare to stocks and other traditional markets that has existed for decades already. Let crypto grow in a natural course and process, just consider yourself lucky because you have been here as compare to others whose chances to have bitcoin is slim.

Agree, I know that people would like for the adoption of bitcoin to grow even faster than what we have seen during the last years, but bitcoin is moving at an amazing speed, even key technologies of this era like the Internet and mobile phones took decades to be widely adopted, so it is natural that bitcoin is also taking its time, especially if we consider the fact that some of the most powerful entities around the world are opposed to this scenario.