While people are still speculating as to the many factors that might have contributed to the continuing slide of the Bitcoin price in the marketplace, let's also focus on what are possible developments that can push Bitcoin upwards again. With the seemingly large void of good news, the market can be looking for anything that can be catalyst for the reversal of this ongoing downhill trend. And how can we inspire people to buy more Bitcoin to increase the demand for the coin?
There is nothing necessary to inspire the common people to make their entry into buying of bitcoin. Till date in a short term of around ten years we have reached such a large user base. The user community have reached just through the word of mouth spreading, not through any form of promotion or advertising. As the market supply is limited, the demand will keep increasing.