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Topic: Is Bitcoin Becoming More Available? (Read 648 times)

jr. member
Activity: 378
Merit: 4
August 18, 2019, 11:45:49 AM
#50
if we are talking about buying bitcoin yes its available.but we can use it for trade only.so im trying to say what "available" means in that question. being available doesnt help to bitcoin or humanity.
legendary
Activity: 1428
Merit: 1166
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August 13, 2019, 06:01:15 AM
#50
Bitcoin will be more affordable in the future. because every day it grows and grows in scale.
I doubt that it will happen, much more likely it will be the opposite, just like now, bitcoin has continuously growing and the price in the market aren't that afforadable. So if it goes back the way on the past 2017 there will be more investors but the price for the public and low profiles will unreachable for them.
full member
Activity: 564
Merit: 100
August 18, 2019, 11:37:29 AM
#49
It has been 10 years since Bitcoin was released, it has changed the perception of many people about electronic money, including me. Crypto has done a lot of great things over the past 10 years, it has become more accessible, we can get rich thanks to Bitcoin. However, your opinions are contradictory, Bitcoin is not easily accessible. In some countries, Bitcoin is banned from trading and storage, it seems the Government doesn't like this.
newbie
Activity: 26
Merit: 0
August 13, 2019, 11:21:41 PM
#47
Including Bitcoin all the digital currency has a  fix limitation of the tokens.Though those are increased by mining.same about bitcoin also.so overlall people are using the same amount of bitcoin what was made  and the bonus level token from mining..thats it.
sr. member
Activity: 882
Merit: 251
August 13, 2019, 02:14:39 PM
#46
With a lot of people using it, people would really suggest a lot of markets, platforms and sites to accept it. Saying that it is really getting more popular to people and on the internet. Time will come bitcoin would not be that new to people who usually visit sites, online stores and social media. More people to use it more of its availability.

Wise people understand that Bitcoin is not only a very convenient thing to make money on it but our future main currency. The world (for good or not) starts to live online, becoming more virtual. Digital money will be in a demand, and fiat is not so convenient now for the transactions and other operations due to the high fees. BTC will be accepted and more available to all soon.
brand new
Activity: 0
Merit: 0
August 12, 2019, 11:01:15 PM
#44
I think that it depends on the country where you want to use it. But generally, yes, it becomes more available, definitely
sr. member
Activity: 445
Merit: 250
August 13, 2019, 05:38:42 AM
#43
Bitcoin will be more affordable in the future. because every day it grows and grows in scale. Every day there are more and more investors in bitcoin. Because everyone believes in him.
sr. member
Activity: 1148
Merit: 254
August 19, 2019, 12:59:21 AM
#39
It's hard to say whether bitcoin is becoming more available or not because there are both, positive and negative news. For example Indoa banned use of bitcoin and there is jail on that while USA allows you to pay taxes with bitcoin in Ohio state.
So in overall, one accepts while another one declines and finally we don't get important move around it. But still it's great step from USA.
we don't know what will happen in the future. however, various companies have begun to accept bitcoin as one of the technological developments in the world. it is evidenced by several news such as Facebook that received this development, and also Samsung who started using bitcoin on their blockchain keystore. sooner or later, those who refuse bitcoin will again accept that, moreover, I feel that India is also very suitable when utilizing blockchain technology.
hero member
Activity: 2352
Merit: 905
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August 18, 2019, 01:51:42 PM
#38
It's hard to say whether bitcoin is becoming more available or not because there are both, positive and negative news. For example Indoa banned use of bitcoin and there is jail on that while USA allows you to pay taxes with bitcoin in Ohio state.
So in overall, one accepts while another one declines and finally we don't get important move around it. But still it's great step from USA.
hero member
Activity: 2184
Merit: 531
August 18, 2019, 12:48:31 PM
#37
It has been 10 years since Bitcoin was released, it has changed the perception of many people about electronic money, including me. Crypto has done a lot of great things over the past 10 years, it has become more accessible, we can get rich thanks to Bitcoin. However, your opinions are contradictory, Bitcoin is not easily accessible. In some countries, Bitcoin is banned from trading and storage, it seems the Government doesn't like this.

It is banned in some countries but look what countries are those. Low GDP weak governments. Afghanistan, Pakistan, Vanuatu... please.

if we are talking about buying bitcoin yes its available.but we can use it for trade only.so im trying to say what "available" means in that question. being available doesnt help to bitcoin or humanity.

The article and the first post are clearly saying something else. You haven't read that.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
August 18, 2019, 12:33:01 PM
#36
Here in my country, the Philippines already adapted the usage of bitcoin on every transaction. We have a local wallet which is called coins.ph that allows us to use Bitcoin as a payment from different transactions like bills or online stores.

To answer your question, yes it is getting more available than the past years. As a student, I already foresee the future of bitcoin, it's now powerful, what more it can do when the whole world, work with its technology?

I find bitcoin to be a very effective tool to change the perspective of each individual in digital money.
hero member
Activity: 2828
Merit: 611
August 17, 2019, 01:51:54 PM
#35
I don't think it's becoming more available because in the past almost all the exchanges let us move big amounts without knowing our identities, and now almost all exchanges ask for official documents to create an account, this makes things hard for a lot of users.

But we see more exchanges nowadays and more people involved, and i would say all of them had to do big research before joining to BTC.

I'm seeing it as a positive sign that exchange are starting to implement KYC as they are just complying with the government regulation.
Bitcoin will be more available if people are confident in using it and they will only be confident if they know the government are regulating it and they will feel secure that way, without government intervention, people using bitcoin will be at risk of getting scam.
There has really been a very great development in the cryptocurrency industry of recent and It is very surprising to see that new Zealand has implemented bitcoin and would fully legalize it come 1st of September to the extent of even trying to make it a coin that could be used to make payment of salaries, this is really a welcome development and it means that bitcoin is becoming more available, and like you said, many government as also imposed the use of KYC to some of these exchanges, which also means that they are beginning to pick so much interest in cryptocurrency gradually.

We could also see the case of china too is planning to release their currency too in cryptocurrency, so bitcoin wit time will really be a coin that will be most accepted worldwide.
legendary
Activity: 1428
Merit: 1166
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August 13, 2019, 01:27:07 PM
#34
It will become expensive in the future but it is still affordable because we can still buy in form of satoshi but obviously it will not be as affordable as today.
Yeah, only on the form of satoshi not exactly Bitcoins. Though we can just expext on some new altcoins to exist and exchange them in the form of Bitcoins as they go into the market. With those altcoins, it can be possible to gain more BTCs in the future even if it will raise its value more than 20k USD.
legendary
Activity: 3010
Merit: 1280
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August 13, 2019, 06:07:04 AM
#33
Bitcoin will be more affordable in the future. because every day it grows and grows in scale.
I doubt that it will happen, much more likely it will be the opposite, just like now, bitcoin has continuously growing and the price in the market aren't that afforadable. So if it goes back the way on the past 2017 there will be more investors but the price for the public and low profiles will unreachable for them.

It will become expensive in the future but it is still affordable because we can still buy in form of satoshi but obviously it will not be as affordable as today.



With different company and development revolving Bitcoin, it is becoming more available to the masses.  Company offers services that make it easy for people to buy Bitcoin thru apps and I believe as day goes by, it will become more easier to buy / sell BTC.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
August 13, 2019, 05:10:15 AM
#32
These companies and many others like them are key to helping grow cryptocurrency adoption in a natural and positive fashion.

I agree. But only if honest companies are created that strive to provide good quality services and their creators are not anonymous. The current problem is that many people just look at the crypto world as an opportunity to get rich and forget to provide good quality services because they know this is an unregulated market.

Many financial analysts believe that once real-life use cases are fully realized, massive amounts of capital will enter the market from institutional investors."

if we have a lot of politicians who like bitcoin and who look at the crypto market as a good thing then we can see a much bigger adoption than today









legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
August 13, 2019, 04:50:09 AM
#31
I could not understand the news article posted properly but from what little I could make out, I think the OP is getting confused between what mining produces and what a person buys. Mining makes bitcoins available to everyone as soon as the miners sell them but a country may put a restriction of the trade of bitcoin in which case they are no longer available by legal means to that person. So if you forget about the government poking their nose in and enforcing KYC, then the availability depends on the dumping of the miners and traders.

More or less is a slightly relative term here.
hero member
Activity: 2814
Merit: 576
August 13, 2019, 04:13:26 AM
#30
Europe for one has steadily accepting bitcoin specially most stores there are using Lightning Network already.
If this will be implemented and adopted by different countries, bitcoin will become the best payment system as it will never goes off line compared to other payment which is centralized. The development will easily push through if the government are very supportive with crypto, of course regulation is already included and we will see some limitations that we are enjoying now, but we need to accept that in order for bitcoin to grow and develop continuously.
hero member
Activity: 2842
Merit: 772
August 12, 2019, 11:06:04 PM
#29
But let's say in Africa, and some developing countries in SE Asia adoption will take time to evolved. Yes, maybe some governments are very lenient of crypto but there should be infrastructure to support the growth as well. So there should be a wholistic approach before we can finally see bitcoin being adopted globally.

With a supply of only 21 million, bitcoin is always there but with prices that continue to rise. As long as bitcoin is still traded on exchangers, I think bitcoin will always be available. Crypto is indeed an attractive investment now and bitcoin will always be the first choice for investors
Attractive investment but with the huge risk involved. Availability is a different question though, Asia so far is a safe haven for crypto enthusiast, but it is only one part of the equation. Europe for one has steadily accepting bitcoin specially most stores there are using Lightning Network already.
legendary
Activity: 3766
Merit: 1217
August 12, 2019, 10:58:06 PM
#28
I am not sure about this. More and more people are using Bitcoin, and that is a proven fact. Somewhere I read that now cryptocurrencies are being used by close to 200 million people, which is almost double the number that we had during the 2017 peak. One of the largest exchanges (Coinbase) claims to have more than 30 million users from around the world.

That said, I don't think that Bitcoin is becoming more available. Outside the developed nations it is difficult to purchase or sell cryptocurrency. And worse, some third world nations such as Bangladesh and Nepal have jailed cryptocurrency users for breaking the law (they had prohibited the trading of cryptocurrency earlier).
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
August 12, 2019, 10:21:50 PM
#27
I don't think it's becoming more available because in the past almost all the exchanges let us move big amounts without knowing our identities, and now almost all exchanges ask for official documents to create an account, this makes things hard for a lot of users.

But we see more exchanges nowadays and more people involved, and i would say all of them had to do big research before joining to BTC.

I'm seeing it as a positive sign that exchange are starting to implement KYC as they are just complying with the government regulation.
Bitcoin will be more available if people are confident in using it and they will only be confident if they know the government are regulating it and they will feel secure that way, without government intervention, people using bitcoin will be at risk of getting scam.
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