Author

Topic: Is bitcoin dead? - page 102. (Read 110801 times)

legendary
Activity: 1358
Merit: 1014
May 29, 2015, 10:15:16 AM
One important reason they do not use it is the fluctuations of bitcoin prices

Most companies tend to avoid fluctuations. Companies will sell most of their BTC holding if price were to drop significantly

If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them.

Most companies do aware of it but the fact is that BTC is not actually usefull in most of the companies sale as most people still dont have any knowledge yet of BTC . This will hinder their sale if they were to only accept BTC, that is why most companies that accept BTC accept FIAT as well, this makes BTC not usefull as things could be purchase with FIAT rather than BTC.

Also that Microsoft do accept BTC for some sale but it has yet make any significant effect so it is not a guarantee that if a big company was to accept BTC then it will make a significant effect



True, most aren't ready yet to accept BTC only, it would be like being in 1990 and acceping electronic email only and ditching paper mail. Time will come, we are just still 10+ years from that tho.
Some have found a niche and are making great BTC only, namely amagimetals, they went BTC only and the business is going smooth.
sr. member
Activity: 490
Merit: 255
May 29, 2015, 09:26:50 AM
From the looks of the economy, no. And it wont be on the next 5-10 years. There might be some unexpected changes sometime soon but hey I'd still hold on my coins Smiley
Yeah i also hold my coins until we can use it and its a great help to us. Bitcoin will still alive!! until no one will use it.
sr. member
Activity: 350
Merit: 250
Bitcoin and co.
May 29, 2015, 04:21:13 AM
From the looks of the economy, no. And it wont be on the next 5-10 years. There might be some unexpected changes sometime soon but hey I'd still hold on my coins Smiley
legendary
Activity: 2562
Merit: 1414
May 29, 2015, 04:15:58 AM
One important reason they do not use it is the fluctuations of bitcoin prices

Most companies tend to avoid fluctuations. Companies will sell most of their BTC holding if price were to drop significantly

If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them.

Most companies do aware of it but the fact is that BTC is not actually usefull in most of the companies sale as most people still dont have any knowledge yet of BTC . This will hinder their sale if they were to only accept BTC, that is why most companies that accept BTC accept FIAT as well, this makes BTC not usefull as things could be purchase with FIAT rather than BTC.

Also that Microsoft do accept BTC for some sale but it has yet make any significant effect so it is not a guarantee that if a big company was to accept BTC then it will make a significant effect

full member
Activity: 147
Merit: 100
May 29, 2015, 03:58:09 AM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.
One important reason they do not use it is the fluctuations of bitcoin prices, so they do not want to sell something in 500$ and by decreasing price their bitcoin becomes 400$, I think that's why stagnant state is good for developing bitcoin.

Didn't quite get what are you talking about. You think IBM is worried about Bitcoin price fluctuation?

They probably woudn't notice price change even if Bitcoin would've gotten to $1000.
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 29, 2015, 02:10:50 AM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.
One important reason they do not use it is the fluctuations of bitcoin prices, so they do not want to sell something in 500$ and by decreasing price their bitcoin becomes 400$, I think that's why stagnant state is good for developing bitcoin.
hero member
Activity: 770
Merit: 509
May 28, 2015, 04:37:45 PM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.

I have friends in Brazil and they got a lot of BTC, they were a group and got almost 1 entire BTC in total, google "BTC Rain" there is a video about it.
legendary
Activity: 2730
Merit: 1288
May 28, 2015, 01:19:30 PM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure

All big companies are aware of Bitcoin and will use it as it will fit them. You saw how IBM used it for advertising their Cloud services in Brazil. Lot of projects are worked on and lots are already alive. But as normal they dont attract as much interest as they would 2 years ago.
legendary
Activity: 1834
Merit: 1008
May 28, 2015, 11:16:10 AM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.

I dont think there are many company that use bitcoin as their payment, may be some of them use bitcoin but mostly they dont even care about bitcoin problems since they strong in fiat. If bitcoin has been used by many company I am sure the price will go to the moon in next year and everybody will start to invest in bitcoin for sure
sr. member
Activity: 490
Merit: 255
May 28, 2015, 11:09:07 AM
Everyday we see more people are becoming familiar with bitcoin and it will not die also I think the less fluctuation is more useful for bitcoin since it can attract more investing.
Yeah because investing using bitcoin is profitable and have a risk but it make a big profit and knowledge
hero member
Activity: 826
Merit: 1000
The All-in-One Cryptocurrency Exchange
May 28, 2015, 01:48:53 AM
Everyday we see more people are becoming familiar with bitcoin and it will not die also I think the less fluctuation is more useful for bitcoin since it can attract more investing.
sr. member
Activity: 490
Merit: 255
May 28, 2015, 12:41:47 AM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
yes not really dead. Maybe its not famous and only few people know what is bitcoin and how its gonna work. But bitcoin is alive and many company or business still using it.
staff
Activity: 3500
Merit: 6152
May 26, 2015, 04:39:36 AM
probably not , because the halving block reward is getting closer and closer which should be by the end of the next year , so there is a huge chance that the price will rise like hell . maybe multiply if the demand stays the same . and if it rise it will be better .
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
May 26, 2015, 03:52:26 AM
I don't believe bitcoin is dead because the technology will always pave the way for new ideas but it certainly has lost the buzz and lustre it had before this year broke out. I think there is competition also emerging from new digital coins that might also be tough to compete with in the future but it isn't dead not at the moment just perhaps not very profitable to mine as it used to be in the early days.
legendary
Activity: 2562
Merit: 1414
May 25, 2015, 12:57:32 PM
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )

that's the problem they are accepting fiat too, this make bitcoin look just an option for geek, i still think there should be new shop which accept bitcoin only, or give you bonus when using bitcoin, otherwise average people will not feel the need to use it over fiat ever

for the graphs there is something on the blockchain, we are at 2-3M users for bitcoin

The graph in blockchain is only the number of "wallet user" which means several people can have more than 1 wallet on blockchain and also that some people left out blockchain because they feel it is much secure using desktop wallet

Shops that accept BTC only wont be making any business IMO. As you mentioned, the number of BTC users are still low which means using BTC only as a payment method will resulted in less customer and bad business practice. That is why people tend to accept both option for payment but in this case people choose to use FIAT more

yeah i know, it's impossible to have the exact number, because everyone is always moving their coin for storage, and general uses

but anyway there was an estimate numbers that did put the total bitcoin users at 2-3M(maybe now more than that)

Actually the number isnt important. More important is actually the growth percentage of BTC user yearly or monthly if possible which is hard to attain since there is no survey about this or actual data

If there is huge growth on this , then the thread about "is BTC dead" wont be existing anymore, since more people to use and/or know it actually means more growth for BTC either but for this case, most people are still blind about it which is why the thread of "is BTC dead question" keep on existing
legendary
Activity: 3248
Merit: 1070
May 25, 2015, 10:35:45 AM
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )

that's the problem they are accepting fiat too, this make bitcoin look just an option for geek, i still think there should be new shop which accept bitcoin only, or give you bonus when using bitcoin, otherwise average people will not feel the need to use it over fiat ever

for the graphs there is something on the blockchain, we are at 2-3M users for bitcoin

The graph in blockchain is only the number of "wallet user" which means several people can have more than 1 wallet on blockchain and also that some people left out blockchain because they feel it is much secure using desktop wallet

Shops that accept BTC only wont be making any business IMO. As you mentioned, the number of BTC users are still low which means using BTC only as a payment method will resulted in less customer and bad business practice. That is why people tend to accept both option for payment but in this case people choose to use FIAT more

yeah i know, it's impossible to have the exact number, because everyone is always moving their coin for storage, and general uses

but anyway there was an estimate numbers that did put the total bitcoin users at 2-3M(maybe now more than that)
sr. member
Activity: 490
Merit: 255
May 25, 2015, 10:18:39 AM
But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin and also they tell them with their known people. Now if we do this i promise that bitcoin users will grow within a month.

And how are you gonna do that? Tell everyone to believe in you about this bitcoin is not easy task to do. I dont think each of your family believe in you about this bitcoin because their mindset is telling them that this bitcoin is already like a ponzi things. We just need to change their mindset about their perception about bitcoin, with this we can grow our users in a month
I'm just 16 years old and i have a money that never had a 16 years old in my country. And i explained to them how i can get that or how i easy get that. And they amaze what i am doing. Theres no impossible things in this world.
legendary
Activity: 2562
Merit: 1414
May 25, 2015, 10:12:00 AM
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )

that's the problem they are accepting fiat too, this make bitcoin look just an option for geek, i still think there should be new shop which accept bitcoin only, or give you bonus when using bitcoin, otherwise average people will not feel the need to use it over fiat ever

for the graphs there is something on the blockchain, we are at 2-3M users for bitcoin

The graph in blockchain is only the number of "wallet user" which means several people can have more than 1 wallet on blockchain and also that some people left out blockchain because they feel it is much secure using desktop wallet

Shops that accept BTC only wont be making any business IMO. As you mentioned, the number of BTC users are still low which means using BTC only as a payment method will resulted in less customer and bad business practice. That is why people tend to accept both option for payment but in this case people choose to use FIAT more
legendary
Activity: 3248
Merit: 1070
May 25, 2015, 09:46:55 AM
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )

that's the problem they are accepting fiat too, this make bitcoin look just an option for geek, i still think there should be new shop which accept bitcoin only, or give you bonus when using bitcoin, otherwise average people will not feel the need to use it over fiat ever

for the graphs there is something on the blockchain, we are at 2-3M users for bitcoin
legendary
Activity: 2562
Merit: 1414
May 21, 2015, 04:37:14 PM
the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )
Jump to: