Bitcoins Everywhere? Not yet... - page 7.

Qunenin

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Quote from: noormcs5 on February 22, 2017, 01:22:14 PM

Quote from: Altas on February 18, 2017, 12:34:45 PM

Bitcoin not yet reach every where. Most of the people do not know about bitcoin. Some know about this and do not know about its function. The people who know about this can spreed bitcoin. If something is advertised then only it will come for common use.

I agree with you mate, we, the primary users of bitcoin must advertise or introduce this to other people, because even me I cannot see that bitcoin is everywhere, though the US already exposed the use of bitcoin publicly but then it is not that enough.

You know guys once we help this bitcoin to be known, we also get the benefits of this action
like if we introduce this to our friend, we do not know they might invest high amount of money to it and so the demand will rise together with its value.
Even small steps can make big difference.

noormcs5

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Quote from: Altas on February 18, 2017, 12:34:45 PM

Bitcoin not yet reach every where. Most of the people do not know about bitcoin. Some know about this and do not know about its function. The people who know about this can spreed bitcoin. If something is advertised then only it will come for common use.

I agree with you mate, we, the primary users of bitcoin must advertise or introduce this to other people, because even me I cannot see that bitcoin is everywhere, though the US already exposed the use of bitcoin publicly but then it is not that enough.

hajimasan

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yes the technolgy is still in early stage and not many people know about the technology and to spread awareness we bitcoin lover should refer our friends and family memebers to use the technology then we will have bitcoin everywhere

danherbias07

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The local online shops will be the first one adapting this kind of things since it revolves in the internet.
I would not include gambling in everyday life so I think groceries and shops at malls will follow considering they dont want to lose in those online shops.
Gaming payments for mall items will also be included or applications that needs payment.
We can also add up our bills to be paid in the internet through bitcoin for convenience.

SpousedHF

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It seems like that certain food places already accept BTC. So I would imagine that anywhere within shopping region is where it would start and maybe eventually big companies would start accepting BTC. Its actually quite outstanding that something like this could come to a reality I would hope to see it too! I don't think much would change however it would all be the same business money first then product. Sure its a slight easier way to pull off a scam but it will get investigated more into being it a legitimate business.

Vorth

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Quote from: staceyoh on February 22, 2017, 04:40:48 AM

I think online shopping will
be the next who will fully adapt
bitcoin.

I guess, those who are totally technology enthusiast who have an online shopping can have the open mind to accept bitcoin as their payment yet it will be implemented if his onlone shop is world wide I guess, because locally it is not much introduced by the users.

philiveyjr

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Think it will take a couple of years for Bitcoin to be used world wide and be accepted all across the markets. Right now, the products that you can buy is a bit limited to just electronics and digital good. A few more thing can be bought but it's very selective. Hopefully by 2018 -2019, we get to be more retailers and distributors get involved with Btc. We have a part to play in that as well by educating the vendors about BTC.

Barbut

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Bitcoins are not everywhere you are right about that, there is many more thing that has to be done before that happen. Bitcoin is not ready for mass adoption, with block size, confirmation time, unstable fees that are going high without any announcement are just couple things that makes people nervous.
Look how much bitcoin made in less then 10 years of existence, for another 10 bitcoin will be much more then it is now, so patience my friends, I'm sure bitcoin will be fine.

staceyoh

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I think online shopping will
be the next who will fully adapt
bitcoin.

alisus

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I think will only happen to pay for online !
In the real world, bitcoin don't as major currency, Imagine how cool it would be if you could pay on each transaction with Bitcoins,
But I believe many people will soon start receiving too

Capradina

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Quote from: jak3 on February 18, 2017, 09:54:55 AM

it does take some time to reach everyone. it happens like that but we already seen what can a new innovative idea can do to the market. WE are accepting bitcoin for trading and gambling and even at some porn sites but soon we can buy chocolates with bitcoins at any country just wait about 2-3years more

You don't have to worry about it. Now that I see that bitcoin will show growth of a much bigger and better than ever before. Because I already know that, bitcoin will make everyone interested and give benefits to everyone. No need to wait 2-3 years away, for if now bitcoin has not received the goods that we need then we can still buy it by selling bitcoin and buy it with the original money

bohr

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Quote from: virusasog on February 18, 2017, 12:15:59 PM

Quote from: machinek20 on February 18, 2017, 09:04:47 AM

Bitcoin still far from "everywhere", there is still not many people know bitcoin, the one that they need to implemented is the shop that target the worldwide customers, because bitcoin was created to make us easier to do transaction globally

No one spreading bitcoin anywhere apart this forum and btc related sites. We need bitcoin and its related services spreading in Facebook and WhatsApp. This way will achieve to make huge Bitcoin users in upcoming years. Adoption is best way to grow the value, this way would bump the value according to me.

Probably getting in Facebook will be more impactful than getting WhatsApp since persons seem to love Facebook a lot more than WhatsApp.

FiiNALiZE

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Quote from: kingcolex on February 14, 2017, 07:52:14 PM

Quote from: FiiNALiZE on February 14, 2017, 06:58:10 PM

Quote from: kingcolex on February 14, 2017, 06:48:54 PM

Quote from: vaxo_nba on February 14, 2017, 01:20:25 PM

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?

Not really, I don't think most people see it as a currency to replace fiat, not with a ten minute confirmation time.

Bitcoin won't replace fiat. The reason why is because Bitcoin needs the cashflow in order to be worth something. Nobody want's Bitcoin if it is worth nothing, BTC isn't even backed by anything...just data and that data could get wiped within nano-seconds if there was an attack.

Unlike Gold that is backed by Gold and the limited quantity, people will find it too late to purchase when there isn't any in demand. Bitcoin is worth nothing, the price per Bitcoin is just a mirage. Warren Buffet is right in a sense.

Well you are wrong on many points, just like FIAT it is not backed by anything but it is a limited quantity just like but the demand vs limited supply is what gives the price. The security of the network and just like our stocks and 90% of cash (it is all logged digitally) its just data, but each bitcoin wallet has the ledger information, as a backup.

Amph is right, you are wrong (and yes I do read the thread after I post in it just for fun).

Firstly, when did I say that FIAT was backed by anything? Fiat is printed everyday, if you don't think so then look at the website from the Treasury:

https://www.treasury.gov/resource-center/faqs/Currency/Pages/edu_faq_currency_production.aspx

"During Fiscal Year 2014, the Bureau of Engraving and Printing delivered approximately 6.6 billion notes to the Federal Reserve, producing approximately 24.8 million notes a day with a face value of approximately $560 million."

You see, there is more than just a limited amount like you write.

You stated that I am wrong on so many points yet you don't point out any of the "Wrong" things that are in my post?

Sure, Bitcoin has a limited amount 21,000,000 million but it's worth nothing if it isn't connected to a Government Currency.

Gold could be bartered and there is a limited supply...Do the math.

TribalBob

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Quote from: Altas on February 18, 2017, 12:34:45 PM

Bitcoin not yet reach every where. Most of the people do not know about bitcoin. Some know about this and do not know about its function. The people who know about this can spreed bitcoin. If something is advertised then only it will come for common use.

The fact is bitcoin is missing promotion at higher level and once it is done it will come across through many people as of now bitcoin has not reached everywhere and it will take long time for that to happen as most of the people have not even heard about bitcoin yet.

novemberwoah

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Quote from: TastyChillySauce00 on February 18, 2017, 03:40:38 AM

Quote from: novemberwoah on February 18, 2017, 02:21:39 AM

At this time bitcoin is already starting to be used for online payments and this will continue to grow, even direct payments in some countries have started using bitcoin. But I think bitcoin might not be the main currency in the payment because every country has a currency of each, if used for payments bitcoin will become an alternative currency of each country. I actually prefer the bitcoin as a commodity, because fluctuations can be very profitable.

Well, bitcoin is not "starting" to be used for online payments but it's has been used for years ago. I would agree with your point that bitcoin shouldn't be used for the main currency of a specific country due to its fluctuation and the various problem it can bring. You may find that the fluctuation giving you a profit but if an organisation or an instance using bitcoin and then fluctuation occur, it's indeed a big problem for the whole instance's economy.

Yes indeed online payments with bitcoin been used since a few years ago but only now starting to grow. Yeah right, if bitcoin is used as the main currency is very risky because of fluctuations is still high so it could be detrimental and harmful to the economy. So it is better if it is used as a commodity and if you want to use as the currency was only as an alternative.

Altas

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Bitcoin not yet reach every where. Most of the people do not know about bitcoin. Some know about this and do not know about its function. The people who know about this can spreed bitcoin. If something is advertised then only it will come for common use.

hisuka

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The truth is bitcoin is not everywhere yet, because some people here doesnt know bitcoin. Not all people knows about bitcoin. There is a need to spread bitcoin of what its use and its function. Thus, so anyone can easily adopt bitcoin really.

virusasog

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Quote from: machinek20 on February 18, 2017, 09:04:47 AM

Bitcoin still far from "everywhere", there is still not many people know bitcoin, the one that they need to implemented is the shop that target the worldwide customers, because bitcoin was created to make us easier to do transaction globally

No one spreading bitcoin anywhere apart this forum and btc related sites. We need bitcoin and its related services spreading in Facebook and WhatsApp. This way will achieve to make huge Bitcoin users in upcoming years. Adoption is best way to grow the value, this way would bump the value according to me.

doomistake

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Quote from: royalfestus on February 18, 2017, 02:35:40 AM

Quote from: bitbunnny on February 14, 2017, 01:58:40 PM

Maybe Bitcoin will not be dominant currency in the future because fiat will be not put of the throne but it will probably be much more adopted and spread then it is today, at first place in shopping and different online services. Maybe also in high technology and IT industry.

Most answers here will be speculative, However, considering the fact that no government will still not allow a decentralized virtual currency to control their local exchange. Some factors/purposes in the future will be unavoidable by govt about bitcoin or other new cryptocurrency. Factors/purposes that obviously fiat cant offer and they need. The interest will start with the first world countries down to the third

"Bitcoin everywhere" would not be that easy to happen because there are the Governments on the different countries around the world that won't allow that bitcoin could be use on all of the transaction that we are going to have on our daily lives, even though the majority of all the bitcoin users wants this to be happen, still the Government is our problem. In some countries, the Government sees bitcoin as a threat to them, because first, some of their people are using it in illegal activities like buying illegal stuffs online, like drugs and guns.

However, the chance of using bitcoin as the main currency is 60:40 in ratio, 60 percent of the population wants these to happen, and 40% are not sure about it, because not all of the people knows bitcoin.

The_prodigy

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Quote from: vaxo_nba on February 14, 2017, 01:20:25 PM

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?

Bitcoin is already successful coin but it is not everywhere yet there still countries that don't accept bitcoin and don't want this digital currency therefore bitcoin can be use to anyonline investment nowadays and also in trading to make profit. In next few years maybe bitcoin will be accepted in stores soon and will adopt into our economy.

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