In what way bitcoin gets increased usage? - page 2.

fullhdpixel

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Quote from: kissme09 on September 12, 2019, 01:51:34 AM

Quote from: Ayiranorea on August 27, 2019, 09:21:37 AM

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

Alternative payment is the best option to increase Cryptocurrency assets. If everyone uses Crypto as a common currency will make it more popular, traders will increase the Crypto they own through business activities. I believe alternative payment is the best solution that makes cryptocurrencies more popular.

I am glad we are all talking towards this direction now because it has all been about asset and investment since we got to know about bitcoin, and this is not helping the situation of cryptocurrency because everyone just keeps buying and holding it and for how long will that help the value of bitcoin or any cryptocurrency when the main push for cryptocurrency value itself is the usage.

We all need to start using cryptocurrency for payments so that there can always be demands for it often, using it as payment will surely increase the usage of it, and that is the only thing that can sustain it. I know with time, the usage of cryptocurrency will increase and gain more popularity if we can just get the government to regulate the cryptocurrency industry for us.

The3max

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Used for online payment by major e-commerce platforms worldwide. Besides, the money laundering also affects the value of BTC increase or decrease

Bugatti73

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In future I would like to buy a car or a house with btc in any tropical region.

kissme09

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Quote from: Ayiranorea on August 27, 2019, 09:21:37 AM

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

Alternative payment is the best option to increase Cryptocurrency assets. If everyone uses Crypto as a common currency will make it more popular, traders will increase the Crypto they own through business activities. I believe alternative payment is the best solution that makes cryptocurrencies more popular.

Bugatti73

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Quote from: UstadSoleh on September 10, 2019, 05:59:37 PM

Quote from: Ayiranorea on August 27, 2019, 09:21:37 AM

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

I see that every country many people are playing gambling.
So Bitcoin can be developed through gambling assets.
Gambling if such as in Hongkong, is able to provide a great income for the country.
Bitcoin will experience a large demand if it can be used as a gambling asset.

Then there are many more that can develop Bitcoin.
Like alternative payments, it will be a top choice for Bitcoin users who want to use it to buy and sell online.

As for me, gambling assets are not serious method to mass adoption of btc paymets, it will be better to make btc like PayPal.

tippytoes

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Quote from: UstadSoleh on September 10, 2019, 05:59:37 PM

Quote from: Ayiranorea on August 27, 2019, 09:21:37 AM

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

I see that every country many people are playing gambling.
So Bitcoin can be developed through gambling assets.
Gambling if such as in Hongkong, is able to provide a great income for the country.
Bitcoin will experience a large demand if it can be used as a gambling asset.

Then there are many more that can develop Bitcoin.
Like alternative payments, it will be a top choice for Bitcoin users who want to use it to buy and sell online.

Money in gambling business is really huge. If the government is open to this option that they will openly accept bitcoin in this business but just make sure that those gambling establishments are paying their respective dues, they can generate a lot of money from this business alone. But alternative payment is one good option to have mass adoption because individuals from all walks of life can utilize this as payment method in their everyday necessities.

UstadSoleh

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Quote from: Ayiranorea on August 27, 2019, 09:21:37 AM

Already this might have discussed. The growth of bitcoin as well other digital currencies keeps progressing with time. By the time common people too have begun to use cryptocurrencies on their daily life. Compared to the fiat usage, common people using cryptocurrencies were low. When the usage increases what will be the preference of common people. Whether it gets used as investment, gambling asset, trading asset, alternate payment, darkweb usage source.

I see that every country many people are playing gambling.
So Bitcoin can be developed through gambling assets.
Gambling if such as in Hongkong, is able to provide a great income for the country.
Bitcoin will experience a large demand if it can be used as a gambling asset.

Then there are many more that can develop Bitcoin.
Like alternative payments, it will be a top choice for Bitcoin users who want to use it to buy and sell online.

Pamadar

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Quote from: hahahafr on September 08, 2019, 05:55:26 PM

Having bitcoin as another mode of payment was the one of the primary reasons why it was first generated by Satoshi Nakamoto. What we need to encourage other marketplace and online stores is to accept bitcoin as payment so that crypto enthusiasts can spend their cryptocurrencies. This would really grow the usage of bitcoin especially with the increase in the adoption of cryptocurrencies and blockchain technology.

Being adopted by known establishments can acquire more people to learned to use this system, from that point it will increase the usage of this system as end users itself are the ones that will demand the increased of numbers of usage, it's important to have more support coming from established businesses in all sectors as bitcoin can be use as an alternative way from institutional payment process.

Distraction

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The number of fields that Bitcoin is used is getting bigger and bigger day by day. So, Bitcoin gets increased usage on every fields that are in the options and it will continue to go on like that.

Bugatti73

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It would be cool if gas station networks such as Shell and mobile operators began to accept cryptocurrency, but so far it is not beneficial for them.

bryant.coleman

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Quote from: hahahafr on September 08, 2019, 05:55:26 PM

Having bitcoin as another mode of payment was the one of the primary reasons why it was first generated by Satoshi Nakamoto. What we need to encourage other marketplace and online stores is to accept bitcoin as payment so that crypto enthusiasts can spend their cryptocurrencies. This would really grow the usage of bitcoin especially with the increase in the adoption of cryptocurrencies and blockchain technology.

Websites such as Stripe and Steem, which used to accept Bitcoin earlier has stopped doing so. Many of the stores that used to accept Bitcoin as a mode of payment earlier have stopped accepting them recently. The reason is very simple. Very few people are using Bitcoin for making payments now, as its exchange rates are rising very fast.

Although Satoshi Nakamoto invented Bitcoin as a mode of payment, it is hardly being used for that purpose now. The vast majority of the users are treating it as an investment asset, and using for long-term investment. You can't blame them really. Under current circumstances, Bitcoin is looking very attractive against the manipulated national currencies and the overpriced stocks.

sodiik

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There are many ways to develop Bitcoin. As you mentioned that it can develop Bitcoin. Perhaps the investments and trades listed are often done. I will try to develop the same as the payment media.

Now the technology develops so many people want something instant and fast. So that each country can give permission for Bitcoin can be used for transactions. I am sure if every country legalizes Bitcoin, the development will be faster. We know that there are still countries that prohibit Bitcoin.

hahahafr

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Having bitcoin as another mode of payment was the one of the primary reasons why it was first generated by Satoshi Nakamoto. What we need to encourage other marketplace and online stores is to accept bitcoin as payment so that crypto enthusiasts can spend their cryptocurrencies. This would really grow the usage of bitcoin especially with the increase in the adoption of cryptocurrencies and blockchain technology.

Oyarebu

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Quote from: rtm125 on September 05, 2019, 04:48:41 PM

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

I cannot see how this surpasses that of the gambling industry. Investment of Bitcoin is nothing close to that of Gambling in terms.of Bitcoin popularity. Bitcoin has drawn many notable gamblers to the the use of Bitcoin and this has make Bitcoin more popular among all other cryptocurrencies, also, we have witness many campaigns on this exalted digital currency platform than that of the investment platforms which you have stated. Gambling will further get Bitcoin closer to the masses and to potential gamblers around the world.

lepbagong

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it's not easy to get into the habit of people who have been using fiat for a long time by changing it.
Even though crypto has begun to be known, there are still many countries that cannot accept it as legal payment. so it takes time even though it can happen.

Bugatti73

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Quote from: Lauren Smith on September 06, 2019, 07:45:21 PM

When crypto projects start making projects with an actualy backing and reason to be then crypto will naturally be used more and that would include bitcoin.

Quote from: Japinat on September 06, 2019, 06:17:32 PM

Quote from: Bugatti73 on September 06, 2019, 12:14:24 PM

Quote from: rtm125 on September 05, 2019, 04:48:41 PM

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

When majority of the people are just here buying btc to invest, I'm afraid we would not see a massive adoption in the future.
People needs to understand that why people are investing now is because they are seeing the potential of bitcoin as a mainstream currency, therefore the success of our investment solely depends on the adoption that people will be able to use bitcoin as normal currency in their daily living.

It will happen when better projects come along and you can actually spend your crypto on things you can profit from and goods.
Sort of like a spendable investment.

I think for that we need some market regulation, it's too "crazy" now for regular investors.

Lauren Smith

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When crypto projects start making projects with an actualy backing and reason to be then crypto will naturally be used more and that would include bitcoin.

Quote from: Japinat on September 06, 2019, 06:17:32 PM

Quote from: Bugatti73 on September 06, 2019, 12:14:24 PM

Quote from: rtm125 on September 05, 2019, 04:48:41 PM

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

When majority of the people are just here buying btc to invest, I'm afraid we would not see a massive adoption in the future.
People needs to understand that why people are investing now is because they are seeing the potential of bitcoin as a mainstream currency, therefore the success of our investment solely depends on the adoption that people will be able to use bitcoin as normal currency in their daily living.

It will happen when better projects come along and you can actually spend your crypto on things you can profit from and goods.
Sort of like a spendable investment.

Japinat

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Quote from: Bugatti73 on September 06, 2019, 12:14:24 PM

Quote from: rtm125 on September 05, 2019, 04:48:41 PM

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

When majority of the people are just here buying btc to invest, I'm afraid we would not see a massive adoption in the future.
People needs to understand that why people are investing now is because they are seeing the potential of bitcoin as a mainstream currency, therefore the success of our investment solely depends on the adoption that people will be able to use bitcoin as normal currency in their daily living.

Bugatti73

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Quote from: rtm125 on September 05, 2019, 04:48:41 PM

I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

It’s good when people want to earn money with all their might begin to popularize and advertise this currency.

rtm125

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I can tell by my example that most of my friends use bitcoin only as an investment. But it's also not bad because it's one of the most popular ways to popularize it. People want to earn, and this desire is understandable.

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