Post
Topic
Board Bitcoin Discussion
Re: You want the bear market to stop? Here are some things you can do :)
by
AXELNetwork
on 15/08/2018, 22:57:09 UTC

Also more merchants need to accept Bitcoin so it becomes a normal payment system.
It's a classical chicken-and-egg problem: If there are no users, then there will be no merchants. Some merchants have abandoned Bitcoin in the last years - because there were too few people using it for payments.

Yes I understand, I just meant this as an addition to your suggestion of how to get the bear market to stop. If you want to see Bitcoin bounce back and you are a merchant of some kind then you should accept Bitcoin as a payment method, even if you aren't getting too many payments that way.