OpenBazaar stats not increasing ? | Bitcointalksearch.org

BellaBitBit

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Quote from: tokeweed on June 12, 2016, 05:35:40 AM

Quote from: 1Referee on June 12, 2016, 04:39:11 AM

Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

Not really. The Bitcoin economy's problem is fundamental as mentioned in my post above yours. When BTC is mostly hoarded and stored then Bitcoin's economic growth is impossible. But its value will rise, that's for sure, since it is mostly treated as an investment vehicle (ie a commodity like gold) rather than a currency.

Totally agree with this. It is not necessarily that openbazaar is lacking, it is due to the fact that people are hoarding btc and it is primarily treated as an investment at this time. This is just the early stage of the technology and is to be expected. When the price stabilizes and more mainstream adoption occurs then openbazaar will take off. The concept of a decentralized marketplace is relatively new and is very awesome.

mayax

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Quote from: tyz on June 12, 2016, 08:58:00 AM

I tested OpenBazaar right after the release and I have not used it since then again. The main reason is that it is work needed to get it run. You only do this work when are very privacy affine or if you have many thinks to sell which needs a particular privacy, for example (semi-)illegal stuff or to avoid taxes. For occasional customers or sellers the site is not easy enough to use.

it's useless and it costed 1 mil USD or something like that. how stupid can be someone to invest in a shit like this? pfffff LOL

tyz

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I tested OpenBazaar right after the release and I have not used it since then again. The main reason is that it is work needed to get it run. You only do this work when you are very privacy affine or if you have many things to sell which needs a particular privacy, for example (semi-)illegal stuff or to avoid taxes. For occasional customers or sellers the site is not easy enough to use.

hv_

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Quote from: mayax on June 12, 2016, 07:05:06 AM

Quote from: hv_ on June 12, 2016, 07:00:09 AM

Quote from: tokeweed on June 12, 2016, 05:35:40 AM

Quote from: 1Referee on June 12, 2016, 04:39:11 AM

Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

Not really. The Bitcoin economy's problem is fundamental as mentioned in my post above yours. When BTC is mostly hoarded and stored then Bitcoin's economic growth is impossible. But its value will rise, that's for sure, since it is mostly treated as an investment vehicle (ie a commodity like gold) rather than a currency.

And I wonder how much it all depends on China.

If most coins are created, tradet and stored in China, the rest of the world gets more or less pointless.
Next logical step is run 90% of the nodes in China and finally do the coding....

correct ! China owns Bitcoin in a way or other. the exchangers are manipulating the price, the miners are "creating" BTC. Nodes? they can buy 10,000 servers and it's done

Got me
Nodes are cheap.
So if thats done that way, by by core and hello Ian....

mayax

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Quote from: hv_ on June 12, 2016, 07:00:09 AM

Quote from: tokeweed on June 12, 2016, 05:35:40 AM

Quote from: 1Referee on June 12, 2016, 04:39:11 AM

Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

Not really. The Bitcoin economy's problem is fundamental as mentioned in my post above yours. When BTC is mostly hoarded and stored then Bitcoin's economic growth is impossible. But its value will rise, that's for sure, since it is mostly treated as an investment vehicle (ie a commodity like gold) rather than a currency.

And I wonder how much it all depends on China.

If most coins are created, tradet and stored in China, the rest of the world gets more or less pointless.
Next logical step is run 90% of the nodes in China and finally do the coding....

correct ! China owns Bitcoin in a way or other. the exchangers are manipulating the price, the miners are "creating" BTC. Nodes? they can buy 10,000 servers and it's done

hv_

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Activity: 2548

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Clean Code and Scale

Quote from: tokeweed on June 12, 2016, 05:35:40 AM

Quote from: 1Referee on June 12, 2016, 04:39:11 AM

Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

Not really. The Bitcoin economy's problem is fundamental as mentioned in my post above yours. When BTC is mostly hoarded and stored then Bitcoin's economic growth is impossible. But its value will rise, that's for sure, since it is mostly treated as an investment vehicle (ie a commodity like gold) rather than a currency.

And I wonder how much it all depends on China.

If most coins are created, tradet and stored in China, the rest of the world gets more or less pointless.
Next logical step is run 90% of the nodes in China and finally do the coding....

tokeweed

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Life, Love and Laughter...

Quote from: 1Referee on June 12, 2016, 04:39:11 AM

Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

Not really. The Bitcoin economy's problem is fundamental as mentioned in my post above yours. When BTC is mostly hoarded and stored then Bitcoin's economic growth is impossible. But its value will rise, that's for sure, since it is mostly treated as an investment vehicle (ie a commodity like gold) rather than a currency.

countryfree

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There are several reasons, many already mentioned above, but I'll add 2.

1/ As a seller, it's annoying that as an individual who travels frequently, I need to to have a computer running 24/7. If some kind of hosting in the cloud, or a cache system could be offered, that would help a lot.

2/ As a buyer, I have yet to see something interesting to buy at OpenBazaar. I know this is the early days, but we're still waiting for the killer product (don't know what it could be) which could drove thousands to shop at OpenBazaar.

shinratensei_

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Quote from: OmegaStarScream on June 12, 2016, 02:12:24 AM

Whenever I check https://bazaarbay.org/stats/day , I don't see any real increase in the number of people using it honestly . So what's the cause of that ? do you think they need some kind of advertising to get more users ?
I remember that we (bitcoin community) was speaking about how OpenBazaar will beat eBay etc... but it's not even close.

Too early for an openbazaar to beat eBay. Just simple think, Ebay use similar payment in all community on the worldwide but openbazaar only using bitcoin payment and that's only familiar with some people in our community.

1Referee

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Advertising will surely help, but the main thing is all the effort that some one needs to do in order to get it launched. People are hesitant when it comes to installing stuff. Also, Bitcoin related market places don't have a good name due to the media saying "Bitcoin is the currency of deep web market places". And there surely are more reasons of why it's not really taking off.

tokeweed

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Quote from: Qunenin on June 12, 2016, 04:01:48 AM

Quote from: ?? on ??

I think there are many reason such as :
1. Need to download apps and make some setting
2. Have to configure firewall, internet security or VPN because sometimes OpenBazaar's connection is blocked by firewall, security application or ISP.
3. Can't trust any seller even with escrow.
4. Not many goods are available and sometimes shipping fee is too expensive.

I also don't use OpenBazaar because those reason even though it has big potential and decentralized.

the above mentioned reason are quite reasonable for open bazar not being used intensively. One other factor is bitcoin price increase. Since people are aware that price will continue to rise they are refrain from buying now and just keep on saving their coins.

This is correct to a point. But imho, it's more because people mostly treat BTC more as a commodity to invest in rather than a currency to spend. The deflationary property of BTC is one big reason for this. We all know that demand for it will increase as more and more people hoard it, and the supply keeps getting lower and lower due to the halving and the capped supply.

So how can the Bitcoin economy grow when the people mostly would rather hoard and store BTC rather than spend it? Hence the low stats at OpenBazaar...

Qunenin

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Quote from: ?? on ??

I think there are many reason such as :
1. Need to download apps and make some setting
2. Have to configure firewall, internet security or VPN because sometimes OpenBazaar's connection is blocked by firewall, security application or ISP.
3. Can't trust any seller even with escrow.
4. Not many goods are available and sometimes shipping fee is too expensive.

I also don't use OpenBazaar because those reason even though it has big potential and decentralized.

the above mentioned reason are quite reasonable for open bazar not being used intensively. One other factor is bitcoin price increase. Since people are aware that price will continue to rise they are refrain from buying now and just keep on saving their coins.

Nimbulan

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Quote from: OmegaStarScream on June 12, 2016, 02:12:24 AM

Whenever I check https://bazaarbay.org/stats/day , I don't see any real increase in the number of people using it honestly . So what's the cause of that ? do you think they need some kind of advertising to get more users ?
I remember that we (bitcoin community) was speaking about how OpenBazaar will beat eBay etc... but it's not even close.

i also think that it is because not many people uses bitcoin these days, and other that uses bitcoins actually don't want to spend any of them before halving

as lots of people buys bitcoins for halving, i am sure that they won't want to spend any of them now, before halving as they will get more profit after halving

Wendigo

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Does OpenBazaar offer any kind of an escrow service between the sellers and the buyers? Because it's very risky to trust random sellers over the Internet, who are using a decentralized anonymous payment method at that, to send you the purchased goods. Maybe people need some time to get used to this new type of decentralized Bitcoin marketplace.

ObscureBean

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I think it's simply because there just aren't enough people using Bitcoin right now. And there are no real incentives for someone who is already an eBay seller to shift to OpenBazaar.
And then there is the fact that you have to download a software to your computer which might put some people off. At this point I think we just need to give it more time.

OmegaStarScream

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Whenever I check https://bazaarbay.org/stats/day , I don't see any real increase in the number of people using it honestly . So what's the cause of that ? do you think they need some kind of advertising to get more users ?
I remember that we (bitcoin community) was speaking about how OpenBazaar will beat eBay etc... but it's not even close.

Topic: OpenBazaar stats not increasing ? (Read 728 times)