Is there any way to increase the demand of bitcoin in the current market situation that would uplift the price if Bitcoin?
Ask Bill Gates and Warren Buffett to tell that everyone must invest to bitcoin.
We have to encourage everyone that they shouldn't listen to any bad news that are coming out otherwise they would listen to it and just buy the news. The outcome? you know it, reduction in demand and to the price as well.
that doesn't really increase the demand for bitcoin.
what that does is that it will create a wave of newbies who would buy bitcoin thinking they have struck oil and will become rich. this 'demand' will be temporary and won't last. it may cause a temporary rise but that won't last either.
the real demand is when people are properly educated about bitcoin and understand what it really does and then buy it if they wanted to use this decentralized currency.
That's true mate, I'm just giving the idea to others that these people are causing fear for the newbies to come in and as well for the current holders. They are bringing a big impact to the market, I'm not saying it's all because of them but they are part of it.
This is the easiest way to encourage people to invest not just in bitcoin but in whole cryptomarket, but of course this thing will not happen.
Let's continue to educate people regarding on this matter and for those who still not satisfied about the information you give we cannot do anything on the and time will come that they will realized the opportunity they've lost for not listening to you.
With every person that we'll educate about bitcoin it makes difference. But we don't have to encourage them to invest with it, we should spread knowledge.