Quote from: rhj12345 on August 28, 2014, 02:34:59 PM

Quote from: Gervais on August 28, 2014, 01:40:32 PM

Exactly. It's not as easy as what you are suggesting, plus this kind of artificial price hike wouldnt be good for bitcoin. We need natural growth which will hopefully come along gradually with adoption.

It's that natural growth that worries me. Coindesk just had an article about a survey showing a large percentage of people in America would NOT invest in Bitcoin. So are we entering into a time where people do not want to own Bitcoin because of the price volatility? If the mining difficulty just rises and the price stays low or worse goes down then what? If a mining farm is spending more on the cost to run it, then most will shut down. That's not good for the Bitcoin eco system.

Maybe a national Bitcoin lotto (not the scam ones out there now) run by the same companies who run the lotto and power ball lotto's would be better. I just think the Bitcoin community better come up with a way to get people to buy and hold Bitcoin or it's all going to crash.

What's the point of bitcoin exactly if everybody just held on to it?