People Are Just Too Stupid to Use Bitcoin Right Now - page 5.

barbara44

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Quote from: bitgolden on July 10, 2016, 01:00:35 PM

Quote from: katrimans on July 09, 2016, 04:24:44 PM

Quote from: danherbias07 on July 08, 2016, 08:11:52 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.

Some people are just rude that they think they are superior than others because they are holding it in and selling their coins at the highest possible value. They just do not think of the possible problems someone is having right now.

I don't see the point why we actually should care for how others spend their coins. I mean, it's their life and they can probably do whatever they want with their coins (as long as it is not against the law or something).

You are true but we should have to tell to others that if they use them as currency then it will remain with us forever, as people love bitcoin and they want it forever but they do not know that how a currency get success and how some currencies fail.

PsursV

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yes because it is the best time to invest rather to use it. it is looking that the price of bitcoin will increase so much in next coming days therefore it is better to hold bitcoin instead of using it. because in next some days it will give you a good profit.

Vikingr

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Quote from: takingthis4 on July 10, 2016, 04:29:31 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

thats true, though i think it is way better to hold your bitcoins for later prices, most of the people are holding right now and i think that because of that they are not too stupid

yeah, you are right those people who hold their coins are not stupid as they know the system and effects of halving and they also know that when will be the effects of halving start while those people who just waited till the event of halving and now stopped waiting and decided to sell their coins are stupid as they will miss the real fruits of halving.

jonatuzc

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Quote from: nakedbitcoins on July 09, 2016, 02:57:02 PM

Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

You are right we have to us bitcoin as investment as well as as spending for our normal use instead of other currency and fiat, so that bitcoin become more powerful and we should have to create more store and have to provide more services which will accept bitcoin so that it is known to all of the world.

chixka000

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Quote from: sana54210 on July 13, 2016, 09:36:54 AM

Quote from: nakedbitcoins on July 09, 2016, 02:57:02 PM

Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

Yes, I am also looking that most people are adopting bitcoin only for trading and for holding them in them wallet for earning more money with that, which will make bitcoin a weaker currency, a currency get strength only when it is used as a currency for purchases etc.

that was a great thought tho lol i was able to learn that one only now. I personally dont understand the market price of bitcoin but according to my observation when more people holds bitcoin the price slightly go down well im just saying tho correct me if im wrong

tygeade

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Quote from: sana54210 on July 13, 2016, 09:36:54 AM

Quote from: nakedbitcoins on July 09, 2016, 02:57:02 PM

Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

Yes, I am also looking that most people are adopting bitcoin only for trading and for holding them in them wallet for earning more money with that, which will make bitcoin a weaker currency, a currency get strength only when it is used as a currency for purchases etc.

People are treating it as an investment and not as a currency, and if it continues then it will not take price of bitcoin to a higher level, bitcoin needs circulation in market.

sana54210

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Quote from: nakedbitcoins on July 09, 2016, 02:57:02 PM

Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

Yes, I am also looking that most people are adopting bitcoin only for trading and for holding them in them wallet for earning more money with that, which will make bitcoin a weaker currency, a currency get strength only when it is used as a currency for purchases etc.

hermanhs09

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Quote from: takingthis4 on July 10, 2016, 04:29:31 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

thats true, though i think it is way better to hold your bitcoins for later prices, most of the people are holding right now and i think that because of that they are not too stupid

We can see that volume gets higher and higher,but pretty funny thing i have observed,was that about 2-3 days
just before halving,i have seen the volume getting lower and lower,and i still think it was because of people holding their coin's to sell them,after spike which many of them was predicting (freshly after halving)

Superbitzz

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Quote from: takingthis4 on July 10, 2016, 04:29:31 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

thats true, though i think it is way better to hold your bitcoins for later prices, most of the people are holding right now and i think that because of that they are not too stupid

no i am not agree with you. every one has their own choice they are free what to do with their bitcoin. no one has the right to call them stupid. let me ask you that if suddenly the price of bitcoin fell down because any thing can happend then what will you say. i am sure that then he will call you stupid that why you hold your bitcoin.

takingthis4

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Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

thats true, though i think it is way better to hold your bitcoins for later prices, most of the people are holding right now and i think that because of that they are not too stupid

hermanhs09

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Quote from: bitgolden on July 10, 2016, 01:00:35 PM

Quote from: katrimans on July 09, 2016, 04:24:44 PM

Quote from: danherbias07 on July 08, 2016, 08:11:52 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.

Some people are just rude that they think they are superior than others because they are holding it in and selling their coins at the highest possible value. They just do not think of the possible problems someone is having right now.

I don't see the point why we actually should care for how others spend their coins. I mean, it's their life and they can probably do whatever they want with their coins (as long as it is not against the law or something).

this thread is almost the same like the one where some people were claiming,that everybody using
bitcoin now,is an elite,some "wealthy gentleman" which is a complete bullshit.People are not too stupid,
they are just not educated well about it.

AioFox

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Quote from: nakedbitcoins on July 09, 2016, 02:57:02 PM

Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

I agree that there has to be more uses for Bitcoin; though in order for more uses to be there; people have to accept it more. When we look at most developing countries it's going to take quite a while longer; this is what i meant when i said that people arent stupid to accept it. There isnt really any time to think about when they need to focus on more important matters since they living in a developing country.

mobilestrike

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Quote from: bitgolden on July 10, 2016, 01:00:35 PM

Quote from: katrimans on July 09, 2016, 04:24:44 PM

Quote from: danherbias07 on July 08, 2016, 08:11:52 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.

Some people are just rude that they think they are superior than others because they are holding it in and selling their coins at the highest possible value. They just do not think of the possible problems someone is having right now.

I don't see the point why we actually should care for how others spend their coins. I mean, it's their life and they can probably do whatever they want with their coins (as long as it is not against the law or something).

Yeah, it is true that every person is the owner of their bitcoins and they have the right over their bitcoins, bitcoin is a powerful currency and it is not affected by any of te action of the users, no matter who use it for purchase and who use it for trading, it will establish.

bitgolden

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Quote from: katrimans on July 09, 2016, 04:24:44 PM

Quote from: danherbias07 on July 08, 2016, 08:11:52 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.

Some people are just rude that they think they are superior than others because they are holding it in and selling their coins at the highest possible value. They just do not think of the possible problems someone is having right now.

I don't see the point why we actually should care for how others spend their coins. I mean, it's their life and they can probably do whatever they want with their coins (as long as it is not against the law or something).

katrimans

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Quote from: danherbias07 on July 08, 2016, 08:11:52 PM

Quote from: romero121 on July 07, 2016, 10:06:19 AM

Its upon every users need and make decision of when to spend. When one is satisfied with a small profit they might even sell at $500. So nothing to be serious with it.

Correct. We have our own ways of spending it with our own necessities. If a person needs it badly then why not. He earned it so he got the right to use it.

Some people are just rude that they think they are superior than others because they are holding it in and selling their coins at the highest possible value. They just do not think of the possible problems someone is having right now.

nakedbitcoins

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Quote from: AioFox on July 09, 2016, 02:50:16 PM

Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

I think people are using it more for an investment. I know we need both spending and investment ,but people need to start making new ways for people to spend it and people have to spend it.

AioFox

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Indeed, the number of people who use bitcoin as a currency—as opposed to an investment, a bet that its value will rise in time—remains relatively small. For most people, bitcoin and other digital currencies looks like a solution in need of a problem—a technological end-run around big banks and big government that interests only geeks, drug dealers, and crazed libertarians. People don't need bitcoin so they aren't stupid not to accept it.

mishra1994u

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Quote from: hermanhs09 on July 09, 2016, 10:52:47 AM

Quote from: icanscript on July 09, 2016, 01:59:57 AM

This will always be a challenge - 85% of every countries population is plain stupid and naive.

Hahaha it is a funny sentence but unluckily,it is really true.
Well maybe not 85% but not little less,that is the sad truth,people will never use bitcoin widely all over the world

yes those peoples are really stupid who still doesnt know the importance and value of bitcoins.Its qualities better than all other currencies.I think the number can decrease to 70% but whatever happens more than 50% people in the world will never use bitcoins..due to lack of knowledge

hermanhs09

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Quote from: icanscript on July 09, 2016, 01:59:57 AM

This will always be a challenge - 85% of every countries population is plain stupid and naive.

Hahaha it is a funny sentence but unluckily,it is really true.
Well maybe not 85% but not little less,that is the sad truth,people will never use bitcoin widely all over the world

Leonard2016

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Quote from: vapourminer on July 08, 2016, 09:47:46 PM

Quote from: GreenBits on July 06, 2016, 05:47:43 PM

It's not that people are too stupid to use btc right now, I think most folks aren't really ready for the level of security required to be your own bank. People are kind of haphazard because of ach; if you can prove your money was taken fraudulently, usually you can get the transaction reversed. This makes people very cavalier about keeping a tight ship, once it's gone in Bitcoin, it's gone. I notice the people hemorrhage personal details on social media that can be used to socially engineer one's way into their accounts via customer service. No one believes in privacy anymore Sad

this is a main reason folks are not ready for btc.

most people i know have no clue about even he most basic computer security. and facebook... it is the best thing since sliced bread to them and their whole lives are on it. combine them and *poof* no more btc

you don't really need to know everything about security and bitcoin in order to use bitcoin, you can always use a web wallet if you are a newbie or don't want to learn about it. a service like coinbase is making things newbie frinedly enough.

Topic: People Are Just Too Stupid to Use Bitcoin Right Now - page 5. (Read 13434 times)