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Question: What will it take to increase Bitcoin buying demand?
Winklevoss ETF - 15 (22.4%)
Remittances - 5 (7.5%)
Complete Failure of the USD - 2 (3%)
Russia Regulation Change - 0 (0%)
China Regulation Change - 4 (6%)
Inflation within the USD or Yuan - 4 (6%)
It just needs time...nothing else will help - 26 (38.8%)
Secondary Platforms such as Counterparty - 2 (3%)
Bitcoin is doomed! - 9 (13.4%)
Total Voters: 67

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Author Topic: What will it take to increase Bitcoin buying demand? -- Poll  (Read 2505 times)
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lyth0s (OP)
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October 24, 2014, 10:59:01 AM
 #1

What will it take to increase the buying demand on bitcoin again?


1. Winklevoss ETF?
2. Remittances?
3. Complete Failure of the USD?
4. Russia Regulation Change?
5. China Regulation Change?
6. Inflation within the USD or Yuan?
7. It just needs time...
8. Secondary platforms such as counterparty
9 Bitcoin is Doom!
10. Etc


I'd like to hear people's opinions in a way that I can organize it.


Step 1: List where you are on the spectrum   Permabear-> Long Bear -> Short Bear -> Neutral -> Short Bull -> Long Bull ->Permabull

Step 2: Then list what change you think is needed to increase buying.


Or just answer the poll.

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Zangelbert Bingledack
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October 24, 2014, 11:15:58 AM
 #2

It just needs time...but other things will help, too.
fewcoins
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October 24, 2014, 11:50:12 AM
 #3

It just needs time...but other things will help, too.

Time alone does not let new money flow into the system. We need people to actually get off their ass and use/promote bitcoin the way it's suppose to be used! Not by buying a couple thousand dollars worth and throwing it on a paper wallet like a lotto ticket so hopefully you get rich quick... That's what kills btc  Embarrassed
Asrael999
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October 24, 2014, 12:07:36 PM
 #4

Long term Bull - Why is cheaper coins not an option on the poll?
lyth0s (OP)
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October 24, 2014, 02:43:10 PM
 #5

I'm not sure cheaper bitcoins would bring more of the general population into bitcoin. Usually the masses gain interest when price is going up, and spread FUD (and stay away) when prices are going down.


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damnek
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October 24, 2014, 02:51:48 PM
 #6

What's a "long bear"?  Cheesy
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October 24, 2014, 05:44:58 PM
 #7

Clarity on regulation from US gov't.
Resolution on the bitlicense will be a good start.

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October 24, 2014, 07:27:22 PM
 #8

What will it take to increase the buying demand on bitcoin again?

Time.  A lot of really smart people are building a lot of really cool infrastructure for Bitcoin.

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PolarPoint
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October 24, 2014, 07:36:08 PM
 #9

I voted for the ETF. I think were all buying when prices hit ATLs, but we are not buying enough. We need huge injection from Wall St investors. The ETF might do just that. I was hoping for a overwhelming demand for the ETF that issuer has to buy more from the exchanges to issue more shares.
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October 24, 2014, 07:54:27 PM
 #10

A new approach to the situation. Right now it's too myopic - new things are coming.
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October 24, 2014, 07:58:52 PM
 #11

It just needs time...but other things will help, too.

+1

Every day that Bitcoin continues operating is another nail in the coffin of the "it will never work" or "it's just a fad" arguments.
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October 25, 2014, 02:19:03 AM
 #12

Right now, we need serious media hype.
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October 25, 2014, 03:51:44 AM
 #13

Sidechains

sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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October 25, 2014, 05:22:03 AM
 #14

less ppl shortselling and more ppl selling goods or services. unfortunately the latter people are scared of btc since its so volitile.  they will simply use a cryto that keeps its value such as nubits
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October 25, 2014, 10:32:47 AM
 #15

We have to wait only the opening of the bitcoin etf of winklevoss (if I'm not wrong, ETF will be called Winklevoss Trust). Then, after that event, volume will increase so much.
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October 25, 2014, 11:27:29 PM
 #16

Neutral.

I am worried about the possibility of corruption by the Chinese (and even other) exchanges.  If they can just add coins to their trading accounts I don't see how bitcoin can go up in value much.  I guess, maybe they add RMB to their accounts to buy?

Having to admit to the possibility of a fair amount of corruption has really sapped my excitement for bitcoin.  I'm not too optimistic until either the exchanges are audited, exposed as frauds, China "bans" bitcoin yet again, or the exchanges start to charge a small fee to cover their costs - I don't see how bitcoin rallies much.

Hopefully, I'm wrong, I have a crappy record, I thought it would do really well after the US Marshall's sale. Grin

Good Luck!
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October 25, 2014, 11:43:57 PM
 #17

all bitcoin having been mined and then it will soar

See you in 140 years then.

-B-

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