Ideas to raise the value of BTC or LTC

[wasserman99]

Advertisements are only a way to get the word around about bitcoin, if you want the value to rise then that would go on demand which is what we want more of. Spreading the word and helping people become more familiar with bitcoin is the way to go.

Giving people a real reason to use Bitcoin might help too. It's hard to really capture many use cases for average people to be honest. It's very difficult to compete with rewards credit cards that can often give 2-5% back on purchases in the form of cash back or points.

We as a community need to come up with innovative ways to use crypto that give average people motivation to spend.

gyft does something like this, they give, I believe it is 3% back as reward points.

You should also remember that it costs merchants a lot less to process a bitcoin payment verses the cost to process a credit card payment, so over time, in theory they should charge less when someone buys their product with bitcoin.

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[keithers]

LTC/BTC ratio has recovered slightly over the past week. I want both coins to succeed long term

[Eastwind]

If the BTC/LTC are accepted in unconventional trade, the value will rise.

[Unbelive]

Only way to make price get higher is to cut off all ways to spend BTC. stop the adoptions by merchants.

Paypal, eBay go home!

[Eastwind]

Only way to make price get higher is to cut off all ways to spend BTC. stop the adoptions by merchants.

Paypal, eBay go home!

If merchants hold BTC, pay bills and salary with BTC, BTC value can be raised.

[SeaofBTC]

Raise demand, or lower supply. If something fits into one of those categories, then you have a way to raise the price.

[ErnieBall]

Sponsor something popular.. Like a basketball team or a trendy clothing line. I dont know.

[richibichi]

Sponsor something popular.. Like a basketball team or a trendy clothing line. I dont know.

Bitcoin has no owner or management so who can sponsor something? Do you mean community or what?

[Timetwister]

Make them easier to use. That way more people will be able to realize the many and important advantages that Bitcoin has over fiat money.

[AlexGR]

Hello Reader,

Will TV commercials, billboard advertising and sponsoring events or racecars raise the value of BTC or LTC?

If you have an another Idea please reply. I am thinking of realising one or more ideas.

Use BTC in massive online games, for player transactions, selling accounts etc. An entire generation of people, that can handle technology with ease, can grow with BTC.

If the price/metcalfe corelation is right, then there is nothing better than real world use. And what better than to give millions of gamers the ability to transact between them just by downloading a client.

[realbtcdealers4real]

Only way to make price get higher is to cut off all ways to spend BTC. stop the adoptions by merchants.

Paypal, eBay go home!

If merchants hold BTC, pay bills and salary with BTC, BTC value can be raised.

This is the problem. It's next to impossible to obtain BTC unless you have fiat to buy it. Who wants to go through the hassle of buying BTC only to spend your BTC later. The only people BTC are doing so to hold and sell later. We need a real use for BTC or I fear the consequences.

[OrientA]

Paypal is accepting BTC for some transactions. If those sellers keep the BTC and use the BTC to pay other people, it is very positive.

[sandykho47]

You need big company accept bitcoin
Or you buy huge amount of bitcoin

Paypal is accepting BTC for some transactions. If those sellers keep the BTC and use the BTC to pay other people, it is very positive.

Bitcoin price will raise in some days 

[OrientA]

You need big company accept bitcoin
Or you buy huge amount of bitcoin

If BTC is not useful, I will not buy it.

[AlexGR]

Only way to make price get higher is to cut off all ways to spend BTC. stop the adoptions by merchants.

Paypal, eBay go home!

If merchants hold BTC, pay bills and salary with BTC, BTC value can be raised.

This is the problem. It's next to impossible to obtain BTC unless you have fiat to buy it.

You can sell stuff for BTC.

[bluemountain]

Paypal is accepting BTC for some transactions. If those sellers keep the BTC and use the BTC to pay other people, it is very positive.

When people use bitcoin to pay for things via PP, the bitcoin will not actually go to the seller. The bitcoin will go to bitpay, who will sell it and give fiat to PP. The buyer will have the same buyer protections as if they were using fiat based PP

The way this could increase the price of bitcoin is if more people were to buy bitcoin because they now have additional places to spend it

[btx.chn]

Maybe do some services for bitcoin or educate BTC thru facebook and youtube.. That will help for sure!

[OrientA]

Maybe do some services for bitcoin or educate BTC thru facebook and youtube.. That will help for sure!

Social media with many followers.

[BitCoinNutJob]

Employees getting paid in BTC and merchants who accept BTC restocking products by paying the suppliers in BTC would make a huge difference.

Also user friendliness so main streamers can get involved very easily.

[AlexGR]

The best "crowd" to "train" are young tech-savy people (teenagers+). They'll need ...zero training as they figure out everything, just as they did with dogecoin. We need to merge BTC with the millions of online gamers. Games where people can win BTC through their gameplay or pay with BTC for advanced game priviledges, or transact with BTC between each other for exchanging items, accounts etc. These young people also tend to have GPUs and thus can become indirect BTC miners through GPU multipools.