Topic: When will people feel comfortable using BTC ? - page 17. (Read 12232 times)

Absolutely! Many are already comfortable using bitcoin, specially those who are fully-aware and educated about its nature and on how to deal with it. But for some who are doubtful and have misconceptions about the technology, they are still uncomfortable using it. They fear volatility, risks, and losses they may encounter upon joining the community or in the market, and also its wide adoption. With the current state of the market, and the developing economy of bitcoin, still there are many people who are not comfortable using it, but I'm still very hopeful that at the course of time, demand will increase, they will be enlightened, and be more educated.

when the government and all countries legalize BTC, maybe at that time it will make us feel comfortable using BTC.

There are only few stores and businesses in all over the world that are accepting bitcoins. The digital society will only occur if many people in our society are using digital currencies.

I think it boils down to usability and the fear of losing money due to bitcoin's volatility.

Right now, there really is no point in using bitcoin if you're just a regular individual. You have fiat money and you have been perfectly fine since day one. Why the sudden switch to using bitcoin, right? I think crypto is really useful to people who sends money online. The fees are just a lot less especially when you have to transfer abroad. Other than that, is there really anything else? There isn't much reasons for a regular individual to use bitcoins. If I wasn't making money from the Internet, I probably would have stayed away from bitcoin and have focused in other things instead. We need the merchants to start accepting bitcoins.

The next thing, people are afraid that they are going to buy bitcoins and then wake up the next day that the price have become really low. It's very unlikely for that to happen but it still can happen. To solve this, people should realize what volatility is and how can they be in profit even with the market going down. They have to understand the concept behind it to understand that it's a normal thing to happen.

On the other hand, what's the fuss anyway since we're making money from bitcoin and we don't need non-tech savvy people asking dumb questions here.

Currently my country has not accepted BTC, so I have not used BTC for the purpose of purchasing goods and payment services, my current country for online BTC transaction is comfortable, not prohibited anything. what

Since bitcoin was too high in its price yoy must know that it is a currency ir an electronic money that can be able to used whole over the world i know that the better to do with you bitcoin is to make it grow and make it more since now bitcoin has a low price now.1BTC=$6000 not too high but like the past years bitcoin reaches to a million dollar price so that when you make you btc more and when it is recover you can gain more money as well .

People aren’t educated enough about Bitcoin. Since BTC is rapidly growing, so are negative thoughts about it and all are scared to get scammed. They would still always choose whatever they are convenient with because they are confident in that. Some people just can’t take the risk of losing money to something they don't believe in.

Yes, Investing in crypto-currencies must certainly be approached wisely. When they will get more value from bitcoin, then they feel free comfortable using bitcoin. Bitcoin convenience is most obvious in the financial field!

Well, people will only be confortable using bitcoin if it become legally acceptable and widely use all over the world that became a world currency, becuase this way you can use it anytime, anywhere you go, you can transact as many as you can and can save and invest too.

A sense of comfort will reach if bitcoin has been approved by the government and can be used to buy daily necessities. Because at that point bitcoin will actually become a currency.

Well if you are well versed and have perfect information about the technology, you will not feel insecure in the Bitcoin business. Besides, price fluctuation is a temporary phase and happens in every market. This should not be considered as the end of Bitcoin.

We had a down market since the start of the year and it started recovering in July so keeping this in mind, one can feel that the market has inbuilt abilities approach back to equilibrium position thereby restoring the gap in the fall. Speculation also influences the demand pattern and Bitcoin is expected to rise beyond $20000 towards the end of the year.

Probably, here you are right. Meanwhile, honestly, I hate the idea of taxes for the cryptocurrency. By the way, I feel pretty comfortable now when I deal with Bitcoins: safe, convenient, and quite fast.

I think that you should wait a bit and this will happen in the nearest future. to my mind, you should be able to trade according to your personal strategy if want to earn good money and not lose much

Right now, almost a few countries accept BTC in paying for goods and services, so we can not comfortably use BTC, maybe it will take some years for BTC to be near. our life

People are in misunderstanding with the cryptocurrencies as they think that it is very easy and then they bring all their wealth here and when they lose their money easily then they describe the crypto investment as a bad investment source which is the result of their faults.

Get out of these perceptions and think sharply about it as we have seen the progress of people which made them billionaires so we should focus where the benefit is.

I think it has to become more accepted first. We need more and more businesses to start accepting Bitcoin. Another issue is the price fluctuations. I don't know what will help minimize them, but now it's hard to price a product in Bitcoins if the equivalent in dollars can vary so much from day to day.

I don't personally have an Bitcoins yet. I'm just researching it now. I think it's a long process, but BTC will gain more momentum, as time goes on, and it will start spreading faster.

This is not necessities you are talking about. This is called luxuries and yes you feel comfortable when you do not have to worry about anything. Once your financial affinity is saturated or super saturated, you need motivation in life and may be that is the reason why some people jump into charity works but remember that generosity has nothing to do with your bank balance. So yes once you have enough financial freedom, you just feel comfortable with Bitcoin.

When Bitcoin will make a big step into market, as more market will accept bitcoin as sooner It will be accepted by the world. It provides gift cards for a multitude of locations , Target , Sears , Gamestop , Amazon.Given the activity and attention of regulators to bitcoin.

I am sure that even when someone does not have bitcoin he can comfortably use / do business or bounty as long as he understands and knows very well about how this platform works. Yes, it all depends on how deep he knows the business process on this cryptocurrency platform.

I don't think that point will come anytime soon. The majority of public will consider it as an investment, so I don't think we will reach that point where they will spend it in their everyday life.