Post
Topic
Board Economics
Re: Ideas to raise the value of BTC or LTC
by
realbtcdealers4real
on 23/09/2014, 14:07:39 UTC
Only way to make price get higher is to cut off all ways to spend BTC. stop the adoptions by merchants.

Paypal, eBay go home!

If merchants hold BTC, pay bills and salary with BTC, BTC value can be raised.

This is the problem. It's next to impossible to obtain BTC unless you have fiat to buy it. Who wants to go through the hassle of buying BTC only to spend your BTC later. The only people BTC are doing so to hold and sell later. We need a real use for BTC or I fear the consequences.