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Topic: Mainstream (Read 3580 times)

Amph

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Merit: 1070

Quote from: AtheistAKASaneBrain on May 10, 2015, 10:27:40 AM

Quote from: redsn0w on May 10, 2015, 06:39:09 AM

Quote from: Pingu on May 10, 2015, 02:50:20 AM

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov.

Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC?

i've already said that in another thread, but i want to repeat it here, you can pay taxes with bitcoin there are services for that, like cashila and bitbill.eu for europian , and many other

who to play safe and be regulated can pay using those site, without all the hassles of using fiat

YellowandGreen

newbie

Activity: 2

Merit: 0

Quote from: redsn0w on May 10, 2015, 10:37:25 AM

Quote from: AtheistAKASaneBrain on May 10, 2015, 10:27:40 AM

Quote from: redsn0w on May 10, 2015, 06:39:09 AM

Quote from: Pingu on May 10, 2015, 02:50:20 AM

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov.

Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC?

Finally someone that have understand my words, bitcoin will never replace the FIAT currencies until those type of money will die (with all his gov. and banks). so basically bitcoin is not compatible with this actual economic system, and no one can say the contrary.

I agree with that, but bitcoin can become mainstream without necessarily replacing FIAT currencies. I personally think it will be bitcoin's lack of international boundaries will see if gaining popularity within the travel sphere.

redsn0w

legendary

Legendary level

Activity: 1778

Merit: 1043

#Free market

Quote from: AtheistAKASaneBrain on May 10, 2015, 10:27:40 AM

Quote from: redsn0w on May 10, 2015, 06:39:09 AM

Quote from: Pingu on May 10, 2015, 02:50:20 AM

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov.

Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC?

Finally someone that have understand my words, bitcoin will never replace the FIAT currencies until those type of money will die (with all his gov. and banks). so basically bitcoin is not compatible with this actual economic system, and no one can say the contrary.

AtheistAKASaneBrain

hero member

Activity: 770

Merit: 509

Quote from: redsn0w on May 10, 2015, 06:39:09 AM

Quote from: Pingu on May 10, 2015, 02:50:20 AM

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov.

Thats the main problem i see with BTC, you can't pay taxes so the circle is never fully closen. If we could pay everything including tax and bill with BTC and never leave the BTC system it would be great. But then again, who is going to pay tax if you can avoid it by never going outside BTC?

gentlemand

legendary

Legendary level

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: YellowandGreen on May 10, 2015, 10:02:40 AM

As someone who has skirted around the bitcoin discussion for a while, observing but never engaging, its selling the idea of bitcoin that has always seemed like the biggest obstacle to mainstream acceptance.

Agreed. But right now there really isn't any reason for a first worlder to take the plunge apart from the occasional heavy discount from Newegg etc.

There's a risk they'll make a balls up with their coins and the idea of paying a premium for a currency so you can spend it in places that accept what you already have in your bank account doesn't make sense.

Circle and Coinbase have small premiums but it's still an extra cost. In other countries you might be looking at paying 10% or more for the honour of obtaining BTC to spend.

The people who are excited now are those with vision and it's the future potential that's inspiring them.

The average person looking at an early 90s internet message board would not have gotten a boner. If they could look at that and foresee youtube then they would've been all over it. Not many think that way.

The reasons to compel someone to have a dabble don't exist yet beyond pure curiosity. Those reasons will come with time. They might be positive or scary.

YellowandGreen

newbie

Activity: 2

Merit: 0

As someone who has skirted around the bitcoin discussion for a while, observing but never engaging, its selling the idea of bitcoin that has always seemed like the biggest obstacle to mainstream acceptance. Not only describing what it is and how it works - but why. Keeping in mind you rarely can keep anyones interest for that long in the modern age. I remember hearing a talk on it last year, where everyone in the room had already bought into the idea (it was at a tech company), and the energy and excitement in the room was palpable. I get home and try and convey that energy to my friends and family, but it just didn't translate. There was too much to explain (and I'm pretty good with words.

Does anyone else find this to be the case?

redsn0w

legendary

Legendary level

Activity: 1778

Merit: 1043

#Free market

Quote from: Pingu on May 10, 2015, 02:50:20 AM

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

What is the problem in the use of bitpay (I'm talking from the point of view of the buyer)? He use bitcoin, the problem is only that the seller can choose if he can keep BTC or change them for dollars (and receive a bank transfer). This is the unique plausible way for bitcoin to go mainstream, because with bitcoin you can't pay taxes and it is not recognized as currencies by a lot of gov.

Wolframite

member

Activity: 96

Merit: 10

Quote from: rememberme on April 14, 2015, 07:16:28 AM

Which App/Company can bring massive BTC adoption to the world?

I think messaging apps with new features including BTC of course, can do it.

Using btc in all possible fields will make it more adoptive ...
More ATM would help

Pingu

member

Activity: 67

Merit: 10

Quote from: redsn0w on May 09, 2015, 11:47:01 AM

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Decentralized markets like OpenBazarr are great but they'll take a very long time to get off the ground properly and a long time before the mainstream catches on, much like they have with bitcoin. And I doubt people will want to use payment processors like bitpay with the type of markets that sell illegal items such as drugs. They'll need to look at other ways to move and store money safely.

BTC_Superman

newbie

Activity: 42

Merit: 0

I think all social media like facebook, twitter can play a vital role if they accept Bitcoin for advertisement.

Amph

legendary

Legendary level

Activity: 3248

Merit: 1070

Quote from: ?? on ??

I hope you realize that these stores will quickly convert into fiat, so ebay or Amazon accepting Bitcoin will only only result in more dumps. People have to be paid in Bitcoin for the cycle to be complete.
You already can spend coins in many different stores or just buy Amazon gift cards if you want to shop there. Getting Bitcoin is actually more difficult than spending it and I can't imagine the whole world using exchanges to buy coins on a daily basis.

they will help stabilize the price and rise the bitconi acceptance all over the world, not to mention, that more people will feel secure about using bitcoin, the dump was already happened with other big merchants when they started using bitcoin, but then it was mitagated with time

moriartybitcoin

hero member

Activity: 560

Merit: 500

★777Coin.com★ Fun BTC Casino!

Oddly, adoption is going down not up .. just check the volumes of the major exchanges. Mainstream adoption is still a long way off ..

redsn0w

legendary

Legendary level

Activity: 1778

Merit: 1043

#Free market

Quote from: Amph on May 09, 2015, 11:44:12 AM

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

Nah I am talking about the real ebay, a lot of people is using it for their daily purchases. Do you think really a lot (yes a lot) of people will start to use openBazaar when it exist ebay (with a simple use of bitpay or other payment processor).

Amph

legendary

Legendary level

Activity: 3248

Merit: 1070

Quote from: redsn0w on May 09, 2015, 10:59:20 AM

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

ebay is coming, and it will be decentralized, it's called open bazar, i hope it bring some new fresh air to bitcoin, and boost the price

amazon instead is really needed as they have a huge volume, even bigger than ebay, they could rise adoption to a whole new level

redsn0w

legendary

Legendary level

Activity: 1778

Merit: 1043

#Free market

Quote from: jacktheking on May 09, 2015, 05:25:22 AM

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

It would be really awesome if amazon will start to accept bitcoin as method of payment, and why not also ebay (we are still waiting Roll Eyes

Roll Eyes

). However I do not think bitcoin will go mainstream, because we are not ready for it.... I remember when my friend said :

"when the technology will be too far ahead it will be really a problem."

Quote from: Slark on May 09, 2015, 10:54:31 AM

I think if government would incorporate bitcoin payments it would be it - a total revolution. But it won't happen probably. So maybe that if companies like Apple, Google, Samsung or major retailers like Walmart or Amazon would acknowledge bitcoin then it would be awesome leap for bitcoin. But again - Microsoft is accepting bitcoin AFAIK and nothing really changed so... I am not so sure anymore... :/

The government can't control at 100% bitcoin.... so I think if bitcoin wants to "succeed" (against the actual economic system) the actual type of goverm. should die (it is not compatible with BTC).

Slark

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Activity: 1862

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I think if government would incorporate bitcoin payments it would be it - a total revolution. But it won't happen probably. So maybe that if companies like Apple, Google, Samsung or major retailers like Walmart or Amazon would acknowledge bitcoin then it would be awesome leap for bitcoin. But again - Microsoft is accepting bitcoin AFAIK and nothing really changed so... I am not so sure anymore... :/

s.mouse

member

Activity: 71

Merit: 10

Quote from: tyz on May 08, 2015, 04:28:00 PM

I thought a lot about this topic. One of my conclutions: Think about, Bitcoin and Gold have common characteristics. Why hasn't Gold been reached mainstream adaption as payment section yet? It is a secure value storage since thousands of years. Because it is not practical for most of the people. Like Bitcoin it is only interested for a small group of idealists and speculators.

Probably because gold is absolutely rubbish as a currency. It's just not practical at all. Bitcoin is far superior than gold as a currency in every imaginable way.

Daniel91

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Activity: 3374

Merit: 1824

Quote from: shulio on May 09, 2015, 05:34:29 AM

Quote from: Amph on May 06, 2015, 01:55:41 PM

Quote from: louise123 on May 06, 2015, 09:12:11 AM

Quote from: aeno19 on May 06, 2015, 08:46:53 AM

One of the company that can make bitcoin popular is online shop/online market

if the online shop uses bitcoin as a payment, the costumer will know about bitcoin.

Many online shops accept Bitcoin.
Many retail stores accept Bitcoin too.

We didn't see it go mainstream yet.
You know why?
Because it's still too early Wink

Wink

i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it

they need to force people to use bitcoin, is the only way to fast forward the adoption

There is a risk that people will not purchase anything from that shop it if accepts bitcoin only because using fiat is much more easier than using bitcoin. Forcing people to accept bitcoin only not a good idea but making it side by side will always make people choose fiat more for this case

I don't think that such idea is realistic.
Merchants will never accept only one way of online payment, no way.
They will always try to implement as many payment options as possible, in order to be convenient for many customers as possible.
If ''big'' merchants will accept BTC or not depends mostly of number of users using bitcoin every day.
If many people ask amazon and other big merchants to add bitcoin as payment option, they will do this.
So, everything depends on us first, bitcoin users.
Go out and force them to accept us

shulio

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Activity: 1540

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Quote from: Amph on May 06, 2015, 01:55:41 PM

Quote from: louise123 on May 06, 2015, 09:12:11 AM

Quote from: aeno19 on May 06, 2015, 08:46:53 AM

One of the company that can make bitcoin popular is online shop/online market

if the online shop uses bitcoin as a payment, the costumer will know about bitcoin.

Many online shops accept Bitcoin.
Many retail stores accept Bitcoin too.

We didn't see it go mainstream yet.
You know why?
Because it's still too early Wink

Wink

i dont think so, it's due to the fact that they are still working with fiat too, as long as you can choose fiat, the average people will choose, it

they need to force people to use bitcoin, is the only way to fast forward the adoption

There is a risk that people will not purchase anything from that shop it if accepts bitcoin only because using fiat is much more easier than using bitcoin. Forcing people to accept bitcoin only not a good idea but making it side by side will always make people choose fiat more for this case

jacktheking

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Activity: 1484

Merit: 1001

Personal Text Space Not For Sale

If Amazon accpet Bitcoin, that would give Bitcoin a huge advantage. Currently, we can only exchange Bitcoin for Amazon Giftcard through third party like Gyft.

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