Topic: If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular (Read 571 times)
August 03, 2021, 08:30:33 AM
It is already as convenient as possible to buy Bitcoin right now. It is hardly possible to come up with something even simpler.
August 03, 2021, 10:50:34 AM
100% yes Bitcoin is difficult to purchase because at the moment you are required to give KYC which stops people from buying because people do not want to give their personal information to use Bitcoin and with Bitcoin not being anonymous but pseudonymous in the future governments could ask the exchanges to release the KYC and identify every address on the blockchain that has been used with a exchange.
August 03, 2021, 10:43:51 AM
if people are more comfortable buying bitcoin, is bitcoin more popular,,, most likely yes, because basically bitcoin is difficult to get, the government also forbids us to use bitcoin, in fact until now our movement is limited by the government, the government makes it difficult for us, to invest in bitcoin..
August 03, 2021, 10:23:37 AM
I believe it would have, imagine being able to buy btc in any online or offline store or buy items with btc in every offline store and other service places, btc will be more popular than it already has, even right now with all the many limitations and restrictons btc still manage to strive hard, became popular in the midst of all odds, manage to attract the interest of many people, btc will definately be more popular.
August 03, 2021, 09:24:33 AM
If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
I'm sure if ATMs were allowed to be used in public areas, gas stations, airports, etc., it would become more common. Like billboards, bitcoin ATMs will create curiosity, learn and start trying to use, buy and sell bitcoin through those stations. If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
Although, not every country is licensed and accepted to do that. The US remains the largest provider of bitcoin ATMs. If my country has ATM support for bitcoin, I will definitely try a small sample. Lol
August 03, 2021, 01:34:20 AM
I dont think that convenience is the main factor why people buy Bitcoin, how ever, it is on rather high positions. It is convenient to buy Bitcoin using ATMs or with a single tap from mobile app, however, people still think 2-3 times before they buy.
No one who is already in the cryptocurrency market will use an ATM unless you want to safe guard your privacy while holding the coin as you can purchase the coin without any KYC for a limited amount and you can do that process multiple times but the fees are higher while using them than using a regular exchange.Not all ATMs allow to make purchases without KYC. There are some that ask to enter your mobile number, and then a code that you will get as an sms. Such ATM owners have user data bases and can easily match a buyer with a mobile operator. And then it is a piece of cake to find a person in IRL.
But you are right about high fees. They kill or the necessity to use ATM. For me Bitcoin ATMs are like expensive billboards with an option to buy the product immediately.
August 02, 2021, 04:58:10 AM
Cryptocurrency ATM company Bitcoin Depot has announced a long-term partnership with Circle K, a convenience store chain in the United States and Canada.
Bitcoin Depot plans to install ATMs in "thousands" of Circle K convenience stores. Bitcoin Depot stated that its ATM machines enable users to exchange cash for cryptocurrency, allowing simple face-to-face transactions, giving users immediate access to Bitcoin and more than 30 other cryptocurrencies.
Bitcoin Depot has installed more than 700 Bitcoin ATMs in 30 states in the United States and Canada.
If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
source
Yes, I strongly believe that if it is made more convenient for people to buy bitcoin, it will greatly affect the adoption the bitcoin in the mainstream world and ultimately affects the price.
One of the ways for this to happen would be that transaction fees are made low and super affordable. Another way would be that one can buy bitcoin at almost anywhere which is why I greatly anticipate the move by Germany to make banks use and sell bitcoin. It would make adoption of bitcoin skyrocket in the mainstream world.
August 02, 2021, 04:48:12 AM
I dont think that convenience is the main factor why people buy Bitcoin, how ever, it is on rather high positions. It is convenient to buy Bitcoin using ATMs or with a single tap from mobile app, however, people still think 2-3 times before they buy.
No one who is already in the cryptocurrency market will use an ATM unless you want to safe guard your privacy while holding the coin as you can purchase the coin without any KYC for a limited amount and you can do that process multiple times but the fees are higher while using them than using a regular exchange.I think that the only factor that makes Bitcoin popular is "quick and easy" profit. Because people still see only this behind the word Bitcoin, but they dont care about the technology or possibilities it provides.
Majority are here to make profits in a short period of time hoarding the coins rather than using it as a payment method, i still use them to purchase anything online because i am not confident to use my credit card to purchase online and hence Bitcoin is a good alternative. 
August 02, 2021, 04:41:30 AM
When I purchased Bitcoin for the first time (January 2017), it was extremely difficult to do that. None of the mainstream exchanges would accept fiat deposits from my country. After a few days searching about it, I was finally able to purchase BTC using one of the P2P platforms. But times have changed. Now there are multiple cryptocurrency exchanges that are based in my country and it is quite easy to link the bank accounts and make direct purchases. And even in P2P platforms, the number of traders have increased by a lot.
August 02, 2021, 04:20:45 AM
If it is convenient and allowed to buy Bitcoin, the transaction fee is low and the transaction is fast, it will be very popular. As more and more people enter the crypto market, buying cryptocurrencies such as Bitcoin will make it very easy for the crypto world to grow so fast.
It is the legal currency transfer and withdrawal of cash that need to go to the ATM for operation, and Bitcoin can be traded through the network, which is very convenient and safe. As people's consensus strengthens and demand increases, and Bitcoin usage increases, it will become more and more popular.
It is the legal currency transfer and withdrawal of cash that need to go to the ATM for operation, and Bitcoin can be traded through the network, which is very convenient and safe. As people's consensus strengthens and demand increases, and Bitcoin usage increases, it will become more and more popular.
August 02, 2021, 02:15:27 AM
Crypto currency is one of the best and new innovation in the world. Bitcoin is the pioneer of this invention so people who have the knowledge about crypto currency market i think they have the better knowledge about bitcoin. There are more people are involving day by day in the crypto currency world so who have the money for hold they are trying to buy and hold bitcoin. So i think if it is more convenient to buy bitcoin then people will be mostly attracted to buy bitcoin then price of bitcoin will grow and will be more popular.
August 02, 2021, 02:04:38 AM
I dont think that convenience is the main factor why people buy Bitcoin, how ever, it is on rather high positions. It is convenient to buy Bitcoin using ATMs or with a single tap from mobile app, however, people still think 2-3 times before they buy.
I think that the only factor that makes Bitcoin popular is "quick and easy" profit. Because people still see only this behind the word Bitcoin, but they dont care about the technology or possibilities it provides.
I think that the only factor that makes Bitcoin popular is "quick and easy" profit. Because people still see only this behind the word Bitcoin, but they dont care about the technology or possibilities it provides.
August 02, 2021, 01:56:18 AM
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If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
If it is convenient then people will be using ATM, i am in the cryptocurrency market for a very long time and i will not go to an ATM to get my coins because the charges are crazy high and there are much cheaper alternatives to get the coins and if you have those alternatives why would you step out spend more money when i can get the same amount of coins using exchanges.If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
Suppose i am trying to purchase Bitcoin through ATM for the first time and once you see the charges you will not think about getting them again either.
I am like you who think that ATMs provide quite high transaction fees, so I prefer to use exchanges. After all, buying Bitcoin through exchanges is
easier for me, because I can do it on a smartphone that I use often. Meanwhile, if we want to use an ATM we need to step out of the house or even
the location of the ATM is far from where we live. So for me it is most convenient and effective to make Bitcoin transactions on exchanges compared
to using ATMs.
August 02, 2021, 01:25:34 AM
If it is convenient to use Bitcoin, I will use Bitcoin (the transaction fee is relatively low and there will be no congestion). However, the popularity of Bitcoin is far from enough. There are still many people who don’t know Bitcoin or how to use Bitcoin. And many places do not allow Bitcoin to be used.
If Bitcoin becomes a global daily payment method, there are still many problems that need to be overcome.
If the usage rate of Bitcoin increases, then Bitcoin will become more and more popular. If it is easy for people to hold and spend Bitcoin, then the price of Bitcoin will also become lower and lower.
If Bitcoin becomes a global daily payment method, there are still many problems that need to be overcome.
If the usage rate of Bitcoin increases, then Bitcoin will become more and more popular. If it is easy for people to hold and spend Bitcoin, then the price of Bitcoin will also become lower and lower.
August 01, 2021, 08:24:34 PM
if you are comfortable buying bitcoin, it is certain that bitcoin will be more popular, because if it is easy to buy and sell it is certain that more and more people will hold bitcoin, but we often see it, when it is popular, the price will go down, if bitcoin like now is still a commodity rare, certainly bitcoin still has a high value..
August 01, 2021, 06:59:22 PM
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If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
If it is convenient then people will be using ATM, i am in the cryptocurrency market for a very long time and i will not go to an ATM to get my coins because the charges are crazy high and there are much cheaper alternatives to get the coins and if you have those alternatives why would you step out spend more money when i can get the same amount of coins using exchanges.If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
Suppose i am trying to purchase Bitcoin through ATM for the first time and once you see the charges you will not think about getting them again either.
I am like you who think that ATMs provide quite high transaction fees, so I prefer to use exchanges. After all, buying Bitcoin through exchanges is
easier for me, because I can do it on a smartphone that I use often. Meanwhile, if we want to use an ATM we need to step out of the house or even
the location of the ATM is far from where we live. So for me it is most convenient and effective to make Bitcoin transactions on exchanges compared
to using ATMs.
August 01, 2021, 06:23:01 PM
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If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
If it is convenient then people will be using ATM, i am in the cryptocurrency market for a very long time and i will not go to an ATM to get my coins because the charges are crazy high and there are much cheaper alternatives to get the coins and if you have those alternatives why would you step out spend more money when i can get the same amount of coins using exchanges.If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
Suppose i am trying to purchase Bitcoin through ATM for the first time and once you see the charges you will not think about getting them again either.
August 01, 2021, 05:42:27 PM
Currently the development of btc is indeed good. Many people are interested in it but they haven't dared to enter into it for some reason. Some of the reasons that I catch from people who have not dared to join is that they are afraid of losing, because apart from hearing about the benefits of BTC, they also hear that many people have suffered losses due to several things. I mean, investing in btc is an option and it takes awareness and maturity to invest in it. If you are not sure and in doubt then it will only eliminate our assets. That is why btc investment is not an arbitrary investment that can be done anywhere and anytime by ordinary people because not everyone knows about it and not everyone has a mature thought except for people who are already familiar with the crypto world.
If they will just listen to the negative hearsays made by social media influencers and badly consider this as true happenings inside, definitely, they will also think negatively and have no interest in Bitcoin. But if you are just an open-minded person and to set aside that negativity but rather to know more about Bitcoin, there is a chance to understand clearly what this is really about and what is the truth. However, even we have this slow market adoption, I'm still believing that Bitcoin will continue to grow and the mindset of the people around will change. In fact, the market growth of Bitcoin and its popularity is increasing and this is an indication that it certainly be growing.
August 01, 2021, 05:16:40 PM
Currently the development of btc is indeed good. Many people are interested in it but they haven't dared to enter into it for some reason. Some of the reasons that I catch from people who have not dared to join is that they are afraid of losing, because apart from hearing about the benefits of BTC, they also hear that many people have suffered losses due to several things. I mean, investing in btc is an option and it takes awareness and maturity to invest in it. If you are not sure and in doubt then it will only eliminate our assets. That is why btc investment is not an arbitrary investment that can be done anywhere and anytime by ordinary people because not everyone knows about it and not everyone has a mature thought except for people who are already familiar with the crypto world.
August 01, 2021, 05:12:34 PM
If it is more convenient for people to buy Bitcoin, will Bitcoin be more popular?
Bitcoin has been popular in the world.If this is so, of course, it will be more and more popular, not only popular but also more trusted and used by many more people in the world.
If you don’t know Bitcoin, and you see this ATM when you go to buy bread, do you buy Bitcoin with change?
I will only buy what I know. If at that time I don't know about Bitcoin,I will not buy it for change except the only way buying is only by Bitcoin. However, if there is such an ATM, I will be curious and learn at first about what is Bitcoin. If you didn't buy it this time, when you saw these ATMs elsewhere, would you be curious to buy some?
Never force to buy something that you don't know yet. It is better to be curious and then learn it first. Jump to: