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Topic: When will people feel comfortable using BTC ? - page 27. (Read 12274 times)
I guess will start to feel comfortably using bitcoin if it become legalize in every country and can be use almost to every transaction, mode of payment, and other business and other establishment such as mall. store, groceries, etc just like using fiat can also be use for transportation.
When the fee is low and the transaction is fast.
It only happens when there are not too many people use bitcoin...
It only happens when there are not too many people use bitcoin...
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.
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 government allow the people to use bitcoin with lower deduction of tax and always available anywhere in your place like mini store, wet market and side walk vendor regardless to big establishment and shopping malls, always viable with ordinary people is the three important mentioned that I stated above, that's the main important that people become comfortable if ever.
It takes little time to reach the comfort of using bitcoin same as the fiat we use around, because at present the usage of bitcoin is very low as well acceptance on stores too is low. Only when a large percentage of people begin using bitcoin this could be achieved.
when you can pay the markets with it, and the markets pay their suppliers, and the supplier pay their producers so, when it is tangled in the whole system of production and consumption, it will be mainstream.
That comfort is never going to happen. Can you imagine sending say ten thousand dollars to someone. Putting in that address will be nerve wracking, because if you make a mistake, it's all gone. People will be more willing to hoard.
everyone is sure that bitcoin prices are rising in every year. every year the bitcoin rises very well. I still hold my bitcoin and believe in bitcoin technology.
I think everyone who uses bitcoin is comfortable and safe, which at this time does not feel comfortable with bitcoin prices because the value of bitcoin prices is very low or low and it will make bitcoin users will feel fear and panic .. and should not need to panic and fear because of the choice best now just hold it and wait patiently for the bitcoin hike and recover it ..
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.
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 believe the reason why most people use bitcoin as an investment instead of as a currency is because of the fluctuation in the price. I know that the only way bitcoin cab be used as a currency for the payment of goods and services is if the price becomes stable. Due to the volatility in the price of bitcoin, people will buy the same commodity at different price. A person might even buy the same good for different prices if he buys it separately.
Another reason most people don't yet use bitcoin as a currency is because most online shopping sites do not accept bitcoin as a means of payment and so there is no one to accept the bitcoins if they want to spend it on goods.
I think it all depends on how we live it. We live in the world of digital currency for profit by utilizing the irregular bitcoin prices. There is an opportunity for us to get a profit or can be called also with investment. There are even people who seriously invest in bitcoin with a large enough capital just by utilizing the ups and downs of prices to get a profit. There we can feel comfortable using bitcoin.
Right now peoples more comfort using bitcoin as investment instrument. Peoples will feel comfort using bitcoin when government issuing regulation and i am believe it will happen soon. Government must be following technology advance and blockchain and cryptocurrency is one of it
I think it all depends on how we live it. We live in the world of digital currency for profit by utilizing the irregular bitcoin prices. There is an opportunity for us to get a profit or can be called also with investment. There are even people who seriously invest in bitcoin with a large enough capital just by utilizing the ups and downs of prices to get a profit. There we can feel comfortable using bitcoin.
I am already pretty comfortable with it, anywhen I need, I just go and withdraw, even easier, I have a friend, who kust gives me cash, and I am tranfering BTC to him.
The utmost objective of bitcoin is to make its people easy and comfortable. Either it is just helping everyone to earn money from them by just man splaining some little steps or you use them for making good and easy transactions within minutes to even shorter. So through bitcoin, users are really enjoying their lives and perks of this digitalization. Good luck to bitcoin.
I will feel comfortable with bitcoin when the price of it rises at times and it can be used in everyday life calmly. But for this, it still needs a lot of time most likely.
I think everyone will be safe and comfortable using bitcoin payments when bitcoin prices are very stable and there are many who use them on all platforms.
People then feel comfortable when bitcoin prices are kept in sync with their plane. Everyone has a plane that will be profitable when investing in bitcoin. And when to sell coin, it will be profitable. According to their ideas, bitcoin's price will rise. People are comfortable in it.
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.
This is a funny question, don’t you feel comfortable with making use of Bitcoin? Is it a must for others to like what you like? We are all different and there is no way you should be expecting everyone to act the same way and also like the same thing. And by the way, Bitcoin is mainly for investment and other little things you can do with it too. Apart from that, there is nothing else you should be expecting. 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 your friend just buy btc and consider it an investment, then tell them that they should invest their btc in bitcoin startups. This leads to increased overall spending.
Yes this will be comfortable of our part if your investment in bitcoin will be invested at the right timing when the said coin will increase in value and you know that your coin invested will earned more profit.
Not a long time ago when it was there worldwide bitcoin pizza day, I have tried to buy pizza in my area for paying the Bitcoin for it, and I don't succeed because in my country or in My City there is no possibility to buy bitcoin pizza.
Some people are already comfortable now.
Others will become comfortable when they read more positive news about btc.
I'm sure that some people will never be comfortable using btc and it's nothing we can do it to help them.
So, just ignore them sand continue to collect and use your btc.
You can't please everyone
Others will become comfortable when they read more positive news about btc.
I'm sure that some people will never be comfortable using btc and it's nothing we can do it to help them.
So, just ignore them sand continue to collect and use your btc.
You can't please everyone
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