Bitcoin does not work. - page 2. | Bitcointalksearch.org

klf

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

Bitcoin is very young but growing slowly. Bitcoin is not perfect, nor is it competing with perfect.

BillyBobZorton

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No one will use Bitcoin ever to buy stuff unless getting paid directly on Bitcoin becomes a thing. Obtaining Bitcoin through buying it is a big hassle that makes no sense when you can already paid for stuff with fiat directly. What makes Bitcoin interesting is not buying the same stuff you can buy with fiat already.

allthingsluxury

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

We still make sales with BTC, although it has slowed down compared to the early days. Many people are hoarding, but also remember, there is much more competition now too.

boopy265420

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

You should promote it well and should offer some percentage of discount to those who will buy with Bitcoin.Usually people buy Bitcoin as investment and want to hold for some period and other use of bitcoin is transfer of money.In near future you will surely have clients which will prefer to buy with Bitcoin.

Denker

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

Ever heard of that Bitcoin is like digital gold? There are many Bitcoin holders who see their stash as an future investment and as a store of value. With Bitcoin moving all around the globe is pretty easy. How do I do that with a gold bar?
Furthermore Bitcoin is still used by maybe 500k-1 million active users. That's not really much.

Betwrong

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Quote from: btcxyzzz on September 23, 2015, 05:23:42 PM

Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

Bitcoin crew does not believe in precious metals because they know what is the most precious commodity today.... Wink

Exactly! ... and what will be the most precious commodity tomorrow.)

Amph

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it's not that they do't trust to buy things, they don't trust bitcoin itself, its volatility, its security, all things that are against what the average people want

they don't want to take care about other things other than the best simplicity they can have when they do a payment

S4VV4S

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

Do you offer ESCROW sales?
If not, then maybe you should consider doing so.

zero01

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not not believe the purchase with bitcoin, but still many people who do not know how to use and get it, maybe it is a major problem that will be faced by beginners, because so many coins are almost the same as bitcoin that make people confused

neoneros

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I can draw your avatar!

You do not have to wait, spend it, enjoy it. Just yesterday I ordered some sushi, it was a nice meal and I would not have spent my fiat on it, because I thought it was a bit expensive, but the bitcoins I have acumulated I use to enjoy things in life I normaly would not buy with my fiat money, I have a small income, and earn bitcoins on the side, just for fun. I do have the luxury I can order food via a trusted company using bitcoin. I can hold my coins and see them grow or shrink, whatever comes in the future, or I could enjoy my life and enrich it with the use of bitcoin, that is what I do. So besides me, there are other people spending bitcoin, would be nice to have some statistics to show how many orders from 'takeaway.com' are paid in bitcoin.

johnyj

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The time has not come yet. To spend bitcoin, you must first have bitcoin, and then hold it for several years until its value doubled many folds, and then you start to spend a small part of it

And as long as exchanges exists, people can always sell for fiat money and then spend fiat money more conveniently. The only people who has to spend bitcoins are those who are traveling abroad and lacking a good means of access local fiat currency

neonshium

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

May be if you offer other than precious metal, people may rush to buy with bitcoins.
But there is a modern saying among bitcoin community. Only stupids spend bitcoin now itself. So, everybody want to be wise.

GetClams.com

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It is too much trouble for the average person to buy bitcoins. Look at the GUI on most exchanges - way too complicated! Then wait an hour for confirmations!? When the onboarding process is super simple and fast and convenient, things will begin to change. Circle understands it. Nobody else does.

btcxyzzz

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Quote from: EurGold on September 23, 2015, 08:09:10 AM

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

Bitcoin crew does not believe in precious metals because they know what is the most precious commodity today.... Wink

leex1528

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Quote from: David Rabahy on September 23, 2015, 01:29:34 PM

Quote from: leex1528 on September 23, 2015, 10:21:23 AM

Quote from: David Rabahy on September 23, 2015, 10:16:39 AM

If someone uses some of their Bitcoins to purchase something and then they want more Bitcoins, it's no big deal, they can just acquire more Bitcoins.

You make it sound so easy, if I were to spend .5 coins, it would take me a long time to get those coins back. How do you make so much Bitcoins if you are able to spend it and just get more, please elaborate I would love to earn more Bitcoins..

Oh, perhaps you shouldn't spend money (Bitcoins or any other kind) if you can't afford it. I've never "earned" any Bitcoins even once. I have only ever been given gifts of Bitcoins and I have bought them. How did you earn yours?

I was just saying that you make it sound easy to get coins, I don't spend them if I can't afford them. I didn't mean to push buttons I was just curious if you had a good way of getting coins because you sounded so easy about it.

David Rabahy

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Quote from: leex1528 on September 23, 2015, 10:21:23 AM

Quote from: David Rabahy on September 23, 2015, 10:16:39 AM

If someone uses some of their Bitcoins to purchase something and then they want more Bitcoins, it's no big deal, they can just acquire more Bitcoins.

You make it sound so easy, if I were to spend .5 coins, it would take me a long time to get those coins back. How do you make so much Bitcoins if you are able to spend it and just get more, please elaborate I would love to earn more Bitcoins..

Oh, perhaps you shouldn't spend money (Bitcoins or any other kind) if you can't afford it. I've never "earned" any Bitcoins even once. I have only ever been given gifts of Bitcoins and I have bought them. How did you earn yours?

CIYAM

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If the OP wants to "send the gold first" then maybe someone would offer to pay for it with an irreversible payment system like Bitcoin. Cheesy

SaltySpitoon

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Welcome to the SaltySpitoon, how Tough are ya?

From what I've seen (and my own mentality) no one wants to spend Bitcoins. There is a hassle to obtaining Bitcoins, and therefor there is a premium. The cost of paying for a $10 thing with cash, credit card, paypal, whatever is $10. The cost of paying with Bitcoin is substantially higher due to the time you put in when trying to obtain the Bitcoins. The only time I see people buying a lot of things with Bitcoin is after a price surge.

Its like if a store accepted Cash, Bitcoins, and Gold/Silver. No one would pay with Gold/Silver unless they had to, because $10 worth of silver will actually cost something like $12 or better due to the minting premiums. Same idea with Bitcoin, though it has more to do with difficulty of obtaining, so why not use your useless cash?

dre1982

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Maybe you got the customers who just don't know anything about bitcoin.

But does it care?? Do you run a business to get profit or to sell stuff for bitcoin? Just keep the option to pay with Bitcoin and maybe someday people are getting using it.

At the other hand lots of people buy gold for investments just like bitcoin. Why could they buy a investment with a other?

BADecker

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Bitcoin is working exactly as it should. Things work according to "supply and demand." By supply and demand, I don't limit it to trading only. what I mean is, water seeks its own level. Water runs down hill, and finds the easiest path down. People do it the easy way.

Bitcoin is beta. When you are talking about something like a worldwide currency, you are talking getting all the problems solved before you dump it on people as something that absolutely works. As we can see from the block size disagreements, Bitcoin isn't fully worked out yet.

People will do what they think benefits them. When Bitcoin shows more benefit, it will be used more.

Bitcoin works. It's just that people don't see the value... yet.

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