I believe that this will happen when people learn about the blockchain technology,when this people find the benefits of this coin for their future,because as of now only few who knows how to value the cryptocurrency as future money,they dont even know what is this all they want is to make profit here and just that
Let's continue to spread whats is this coin and what this can give to their life maybe not now but for the next generation
Topic: When will people feel comfortable using BTC ? - page 37. (Read 12232 times)
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.
Maybe we can be more comfortable to use it in the future because it will already accepted worldwide. Maybe these countries which suspend Bitcoins might change their mind or countries which was accepting Bitcoins today will ban it.
Regarding to your idea of using Btc as a currency, I think it will be more on looking it as an investment given the fact that it was a goof store of value.
bitcoin users will be comfortable if they benefit from using bitcoin they will get more value from bitcoin and as well as bitcoin benefits to the community will be helpful people feel comfortable using BTC
I feel more people have become aware of the future prospects of the bitcoin as at today. The SEC involvement and other world financial bodies' involvement & news have created some level of respite which prompted some new Investors. Aside this, I have also noticed new influx of bounty hunters all around meaning more awareness is happening which will mean more investment in Bitcoin too.
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.
You should be only scared about cryptocurrency if it was illegal in your country another thing is that, using cryptocurrency on digital transaction is not illegal because even amazon is accepting bitcoins in return of their products.
The people will feel comfortable using Bitcoin when the world outside will be open and accepting bitcoin payments and transactions, like for examples the banks , the stores ,the industries and many establishments that really accept the bitcoin through digital technology.
Agree, but I think that banks will never accept bitcoin because they're against it, since bitcoin is volatile banks won't allow bitcoin on transactions. Companies and stores are possible though, I agree that people will be comfortable when a lot of people use it on their daily basis, it will have effect on others and will be convinced to start investing on bitcoin if a lot of population started using it.
We develop on every stage. Many people still don't know about bitcoin. Many fake news are printing now. But day by day many people are joining in bitcoin because it has a lot of merits.
I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.
I agree with that. Bitcoin I think will be common for the people if most of the entities and companies nowadays it will be used by most of the people nowadays, I think Bitcoin will be used if our elders and young people will arbitrarily agree with the accompaniment of Bitcoin in daily life, from supermarkets to banks, I guess this will be possible.
We are already living in the age of technology. Yes a lot of people now, or should I say, majority of the world's population including the children are now using smart phone or any android phone that can be used to store and manage bitcoin account. However it's not that easy to use bitcoin as ordinary mode of payment because of its volatile value. Indeed bitcoin is so profitable with regards to trading or investment but definitely not that useful as currency as it's original purpose of existence. When used as currency, I think the list it could buy is a house and lot.
People will be comfortable using bitcoin if the government will recognized that currency is a good investment and when it is totally legit in all country and that's the points that we are comfortable to used bitcoin in anyways
The people will feel comfortable using Bitcoin when the world outside will be open and accepting bitcoin payments and transactions, like for examples the banks , the stores ,the industries and many establishments that really accept the bitcoin through digital technology.
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 out standing 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.
The real reason right now is a great. The problem with cryptocurrency and other information about the future, the future. Cause bitcoin are so many and technology. Cause bitcoin can do on the journey. The problem was a countries, and technology in your own profit, and technology. 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.
To make it easy for people to use bitcoin, bitcoin must be used as widely as currency, and the state must allow legal traffic such as national currency and stores accepting bitcoin payments as currency.
The only reason some people do not feel comfortable with Bitcoin is just because they loose money using the technology. Sometimes new guys entering the market have no good knowledge and participate in ICO with huge risk as a result of which they loose money. Another thing I would like to mention is that those people who lose money in Bitcoin starts calling it a scam and this refrain other people from investment because they feel insecure and un comfortable.
If all of people are using bitcoin for any kind of transactions in buying foods, groceries, gadgets all the things that might be so useful to use bitcoin as a transactions so their are possibilities that we are all comfortable using bitcoin because everybody know what is it or about 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.
Most people sees the bitcoin as an asset. A way to earn money,an investment not a currency but I think it is a good effect too for a reason that people were encourage to join and starting to be interested in possessing some. People will be comfortable using it when most of the countries will accept. Also, when most of the population if human will begin to use bitcoin as a daily system of payment and I believe that day will surely come.
Don't bring a lot of cash when you travel abroad, instead of redeeming your local legal currency!
The use of BTC for the conversion of legal currency, or the use of BTC for payment, must be the most comfortable!
The use of BTC for the conversion of legal currency, or the use of BTC for payment, must be the most comfortable!
I am feeling comfortable now, because I use it when ever I need just withdrawing on my bank card account and use it in fiat exchange
I would be comfortable using bitcoin at the very time, when it would became comfortable to use it, obviously right?
To make it easy for people to use bitcoin, bitcoin must be used as widely as currency, and the state must allow legal traffic such as national currency and stores accepting bitcoin payments as currency.
I think I was too far away from being used as a BTC transfer tool. It has become so volatile that it is very likely that both sides will be damaged during the shopping. So it makes more sense to use it as an investment tool.
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