Topic: As long as you convert your crypto to fiat, we will never go mass adoption - page 3. (Read 501 times)
January 31, 2018, 09:30:26 PM
You really need to cash out at some point. In some countries, you can't pay bills with crypto, buy groceries with it or pay for other daily necessities. What should those people do then? Photosynthesize?
January 31, 2018, 07:39:40 PM
It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...
Stores will not accept bitcoins. You finished half a day to spend in the store waiting for the confirmation of your purchase? According to statistics people are doing in stores most small purchases. Are you willing to pay 10-50% of purchase cost per transaction? After this problem will be solved by the sellers themselves will be interested in taking payment in bitcoin. Now this is not interested neither the sellers nor the buyers. January 31, 2018, 05:38:52 PM
It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...
Stores will not accept bitcoins. You finished half a day to spend in the store waiting for the confirmation of your purchase? According to statistics people are doing in stores most small purchases. Are you willing to pay 10-50% of purchase cost per transaction? After this problem will be solved by the sellers themselves will be interested in taking payment in bitcoin. Now this is not interested neither the sellers nor the buyers.That is why stores won't accept Bitcoin as payment soon. But it doesn't mean these issues will remain forever. The confirmation time and high fees issues aren't impossible to be solved as technology advances and become more powerful and intelligent. I agree with you, for now it's not interesting for buyers, neither for sellers, so as I said on the first post: Mass adoption at this moment is impossible.
January 31, 2018, 05:30:22 PM
It is good to encourage people to use cryptocurrencies, your idea is good, but right now, it can't be done. The main paying method is paying with FIAT, and we can not escape that. We can only try to find people that think like we do and try to get together in order to make an impact on the global level. Social media is a good way, news, masses and pettitions.. We will find a way eventually, I am sure.
January 31, 2018, 05:09:18 PM
People see bitcoin as more of a money doubling system than a currency. Moreover, in emerging economies, you have a large number of problems that will hinder its adoption for day to day usage as medium of exchange. Problems such as bad internet connection, lack of access to computer devices and cheif of all illiteracy. Even bitcoin itself has a problem of congestion and excessive fees.
January 31, 2018, 04:56:18 PM
That's how many people first heard about bitcoins though. Remember the rally to $20,000? People be like "Oh yeah, I also invested so I can get good profits". (Jokes on them it's just at $9,900 now).
Whether we like it or not, profit is the main motivation for a lot of people to enter into bitcoins. We still just haven't reached that step where it's adopted for a lot of our daily use. Sure I do pay bills through an exchange, but they'd also convert it to fiat first.
Whether we like it or not, profit is the main motivation for a lot of people to enter into bitcoins. We still just haven't reached that step where it's adopted for a lot of our daily use. Sure I do pay bills through an exchange, but they'd also convert it to fiat first.
January 31, 2018, 04:20:39 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
What I see here is someone fully committed to the goal and founding principle of what bitcoin is all about which I see that its good as we have more and more people coming into the crypto currency market, but less people interested in the real growth of bitcoin as they are more concerned on how I can buy at $10000 and sell at $20,000 but at the same time, we can only suggest to people using bitcoin but we cannot force them to use that crypto currency.
You made mention that if they refuse so be it but you didn't talk the need at that point should you then go ahead to convert to fiat or just call them bluff and forget about what you want to buy? The most thing we also have to consider is that even as much as we want to encourage businesses to accept, how do we control the resources they need to make that a reality? or how do we guarantee they won't make a loss by doing that considering the volatility that surrounds the industry.
January 31, 2018, 03:32:45 PM
The next time you pay for something, always encourage them to accept crypto.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
January 31, 2018, 02:44:43 PM
It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...
Stores will not accept bitcoins. You finished half a day to spend in the store waiting for the confirmation of your purchase? According to statistics people are doing in stores most small purchases. Are you willing to pay 10-50% of purchase cost per transaction? After this problem will be solved by the sellers themselves will be interested in taking payment in bitcoin. Now this is not interested neither the sellers nor the buyers. 
January 31, 2018, 02:43:30 PM
Thanks, you had awakened me. Starting today, I'll let it stay there without turning it into paper money.
What you say is something right, just mass adoption or bulk buy that can fix it, and make a positive speculation about bitcoin anywhere, so that people believe in crypto.
What you say is something right, just mass adoption or bulk buy that can fix it, and make a positive speculation about bitcoin anywhere, so that people believe in crypto.
January 31, 2018, 02:35:20 PM
Well we can at least start with this one but I think it will take very broad mentality of the opposite party who may accept the fact. I mean it could happen that people may not entertain you in proper way and we will feel very dumb at that time. I’m not saying we shouldn’t try but in many countries people are not open to new ideas, such as Asian countries. This could be applied to developed countries where people are always open for new ideas and can even try out things immediately. This would be good approach I guess.
January 31, 2018, 02:21:31 PM
Not only do I completely agree with your sentiment but I am now going to go one step further and begin discussing cryptocurrencies with individuals I don't know because the power is there we just need to educate individuals. I have also begun spending my cryptos and 2018 onward I don't want to ever cash out crypto as I think that defeats the purpose of what we are doing here.
January 31, 2018, 02:19:27 PM
Bitcoin had good potential in the cryptocurrency.So the bitcoin will replace the dollar very soon.If it's happen means, bitcoin will replace the entire FIAT system.Never lose your hope.Now we are using bitcoin after converting into FIAT.In future ,such situations will not occur.
January 31, 2018, 02:12:31 PM
That's what bitcoin was created for by satoshi to avoid banking system for transactions.But every one wants to save it as a precious asset and not to spend it thereby not allowing it to circulate.
By this way,bitcoin has lost the chance of getting in to the main stream of circulation. But we should do our contribution to the crypto world by at least insisting traders to accept cryptos for payment which may lead to P2P payments at least in future getting the middle man fucked.
But for our efforts to succeed, transaction issues has to be solved first.
By this way,bitcoin has lost the chance of getting in to the main stream of circulation. But we should do our contribution to the crypto world by at least insisting traders to accept cryptos for payment which may lead to P2P payments at least in future getting the middle man fucked.
But for our efforts to succeed, transaction issues has to be solved first.
January 31, 2018, 01:57:15 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
I really respect your idea regarding making crypto involved in daily transactions but here are two major problems involved in carrying out such ventures. They areThe next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
1. NO single crypto universally acceptable: Lets face it we still don't know which currency will win the race to being accepted as global currency. People saw bitcoin as the mark but due to its own inherited problems it is losing its charm. So people need a single answer. If I want to give you litecoin but you accept ethereum then we are back to the ancient times of barter system where we want coincidence of wants.
2. NO government support. Let's make it pretty clear no matter how much we boast off about our decentralization there is no way we can escape from the authorities. They will reach to us one way or the other. So until and unless governments start to accept these crypto as legal tender people will never make a mass adoption with a fear of getting busted like in some countries btc is illegal.
January 31, 2018, 01:45:31 PM
It's impossible, many Bitcoin enthusiasts need to deal in their daily lives with people that don't know what Bitcoin is. Most places don't accept it and won't accept it so fast like we would like. It's not a problem at all, in the future many stores will accept it, we are just in the middle of the process, it's not the right time yet to have most stores accepting Bitcoin as payment method. Everything is happening on its right time...
January 31, 2018, 01:39:26 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
This is how Satoshi design bitcoin, P2P, eliminating the F***ing middle man, and use as micro payment scheme.
Sadly though, bitcoin turns into a investment platform defeating the design and the purpose of bitcoin. I really hope that one day we can see it used as micro payment, but I doubt it will happen in the future because the price has skyrocketed already. And we still have the scalablity issues that has been bothering us for the last 2 years or so.
January 31, 2018, 01:18:50 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
I have reason along this line too and I think we should keep our financial assets in bitcoin for it to actually look like money and make serious sense when approaching those that may like to use bitcoin as a mode of payment for goods and services. I have been saying that until we treat bitcoin as money we may not see it been adopted. The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
January 31, 2018, 01:14:15 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
Spreading awareness about bitcoin or any other altcoins in the market isnt really bad even on small contributions would really mean a lot towards adoption but the sad fact that not all people that has been told would easily believe or would rather neglect or refuse such thing which is normal because not all are not into something which isnt really backed by the government.This is the sad truth and we must face it. The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
January 31, 2018, 12:41:19 PM
People! please don't look at crypto as an ez money maker, and please don't convert to fiat, I would suggest to USE it rather than spend it.
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
The next time you pay for something, always encourage them to accept crypto. If they refuse, then so be it, but what you're doing is the effort so that many people will hear about it, and maybe the next time someone asked them to receive payment through crypto, maybe they will change their mind and try it.
This is how your transfer the market cap from fiat to blockchain and this is how you realize true gain, your 10 coins valued at let's say 100$ can go to the moon if more people would switch to crypto.
Please please please, we want a future with just peer to peer txion, F the middle man!
look op, most of the people here are in for the quick buck. this is the sad truth. and even when someone wants to be noble about cryptos, if they will have to choose between their personal needs together with their own family's needs and being noble and loyal with cryptos, i think everyone will pretty much choose themselves or their families first. because clearly, cryptos are that widely accepted yet. plus the fact that some of the coins or ICOs nowadays are totally not worth holding for too long because they are completely pump and dump schemes and even if not, weak handed people won't be able to handle the pressure even with just a small drop in price.
this is the sad reality that we cannot control. the only thing we can really do is to actually do what we really think is right and only care about things that we can control rather than stress ourselves with matters that are completely out of our hands.
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