Topic: When will people feel comfortable using BTC ? - page 10. (Read 12232 times)
The volume of crypto money is not as high as you might think. for this reason investors are afraid. BTC is still seen as a company to invest in, not as a currency to use. I think we have a lot of ways to go.
i thinnk after government making it legal and govt have to develop crypto friendly market environment and banking willing to facilitate by providing ATM bitcoin machines connected to their bank people will comfortable using BTC.
People will see bitcoin when they are not afraid of anything bitcoin they hold. For example, they are protected by a secure and secure network for their accounts. They will feel comfortable using bitcoin
I think people are more comportable in using bitcoin if all countries accept bitcoin as form of payments and if bitcoin will legalize worldwide.
Indeed, most country in the world still not give regulation for bitcoin or cryptocurrency. Many merchant afraid accepting bitcoin or crypto because merchant afraid breaking the law. Its need more time for crypto community if want to use crypto in the world but in several advance country, bitcoin can use as payment
the rampant hacking of bitcoin either in the personal wallet or in the market wallet account, of course, makes the bitcoin owners feel worried that the bitcoin they have is lost, maybe if bitcoin can guarantee security from hacking and theft maybe people will be very comfortable using bitcoin
It depends in the person who use or did not use bitcoin.
Bitcoin user is comfortable when it comes in this variety specifically in bitcoin. They think bitcoin is really effective or useful because it helps them through financial.
But non bitcoin they think this is dishonest scheme to gain money or phishing site.
Bitcoin user is comfortable when it comes in this variety specifically in bitcoin. They think bitcoin is really effective or useful because it helps them through financial.
But non bitcoin they think this is dishonest scheme to gain money or phishing site.
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%
I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
People will become comfortable to cryptocurrency if they will know they real potential of it. They think that bitcoin is a hack because they didn't know or they didn't read any information about bitcoin. That's why they're afraid into it. I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%
I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
When Bitcoin is approved by the government, people will use it freely. No one wants their money to lose value. Bitcoin has not been properly invested to be able to become stable. Bitcoin has a lot of good features, but because of the security of information, it also has a lot of worries about criminal activity.I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
I think people are more comportable in using bitcoin if all countries accept bitcoin as form of payments and if bitcoin will legalize worldwide.
I think, no one can stop worrying about Bitcoin, they can not comfortably use it. By the time a few weeks ago, the value of Bitcoin had fallen sharply, plus things like the collapse of the Korean trading market made it hard for investors to make the decision for yourself.
In my opinion, People will be comfortable using Bitcoin as a currency if their Country legalizes Bitcoin as a legitimate transaction tool. I mean their Country will legalize Bitcoin as a currency to buy goods and their needs. So, if bitcoin is legalized then they will be comfortable to use it
When they are comfortable using BTC is when they have a lot of BTC in their wallet. It was then that the price of BTC was very high. At the present time, the value of the MOF is on the rise, they have a great chance to develop in the last months of 2018. I think that at that time, those who own many BTC at present will Get a lot of money for selling that bitcoin.
for me,i guess I peoples feels comfort using bitcoin if government regulate bitcoin. Regulation from government are important because untill now, government think bitcoin using for illegal activity. If government issuing regulation, peoples will trust bitcoin and it turns common money in life.
One of the reasons why there is still much in doubt even fear investing in bitcoin is because of the government has not legalized bitcoin and lots of bad news about the bitcoin so that investors feel less safe to invest.
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%
I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
When the bitcoin price will be constantly stable I guess people will be more comfortable using bitcoin and when the government decide to legalize bitcoin just like natural money . I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
If the price of bitcoin will be stable then i think it will lose its popularity and value as the main success of bitcoin is based on its price fluctuations, as 90% of the bitcoin users wanted high returns from bitcoin so stable price wont give much impact on bitcoin. I accept that if government legalize bitcoin then surely it can be used as fiat currency way as more merchants will come forward and accept bitcoin as payment option which will give users to access bitcoin to use just like fiat currency usage.
there is a solution for a wallet that easy to maintain and hard to steal from now can not recommend any of my friends to use bitcoin,showing them how to secure a wallet and use them properly is a mission impossible for non technical users.they can't be trusted to look after a bitcoin wallet then they shouldn't be trusted to do online banking blockchain info wallet is fairly simple and easy to use and is very safe as long as you set up all the security features....
When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%
I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
When the bitcoin price will be constantly stable I guess people will be more comfortable using bitcoin and when the government decide to legalize bitcoin just like natural money . I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.
How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency
I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.
Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.
EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
I still have to do with acceptance. Crypto is still very much in its early stage. There is still more adoption to be done and this depends on how much information about people get about the blockchain technology. We will soon get there; when people will have confidence in crypto.
I guess, In my own understanding, I will feel comfortable using BTC if all stores or markets accepts bitcoin as payment. It will become very comfortable if our Government legalized bitcoin and they can now control scammers who keep on spreading negative thoughts about bitcoin.
I still have to do with acceptance. Crypto is still very much in its early stage. There is still more adoption to be done and this depends on how much information about people get about the blockchain technology. We will soon get there; when people will have confidence in crypto.
It depends on use , For what purpose you want to use bitcoin and be comfortable. For me if i was to use bitcoin as payment method i would not be comfortable but to use it as store of value i would be comfortable.
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