Bitcoin Forum

Hello!

I am a student of Faculty of Social Sciences. For my diploma thesis I want to find out how you think about Bitcoin as a payment method and in general. Your opinion will importantly contribute to a better understanding of Bitcoin use.

In accordance with the recognized ethical standards of scientific research with the EU General Data Protection Regulation (GDPR), steps will be taken to protect your personal data in the process of collection and use for educational and scientific research purposes. The survey data collected will be used in anonymized form for research purposes.

Here is link to the survey: https://www.1ka.si/BitcoinSurvey

No one would click a random link provided by a newbie also no one would be interested is sharing their personal details to any random person. At least I am not comfortable!

If you have any specific questions, you can post here in your thread and we will answer those but refrain from gathering persona details whatsoever!

I took part in your survey and have some feedback.

The first part is: When was the first time that you did anything of the following?
One of the options is Other. And we have to click on when we did the other thing. You might want to remove this or add a field where participants can select what "other" is. If it stays like this, you wont know what exactly the participants did.

Your source link for the Bitcoin with a capital "B" vs Bitcoin with a lowercase “b” question is wrong. It opens a non-existing Medium page.

Good luck with your survey and greetings to Slovenia from one of your neighbors!    


There are no personal questions. It's about how you use Bitcoin, how you view it as a payment method, do you agree and disagree with certain statements and things like that. At the end they ask you about your gender, education and age but you can answer that however you want.

It will be interesting to see the results of the research, although as someone who has been observing the crypto scene for years, I can say that most of those who own Bitcoin still do not use it as a currency. The first reason is of course that they consider it an investment, then the belief that they actually have nowhere to spend it, and at certain times the cost of fees can be quite unfavorable, especially in micro transactions.

However, there are more and more online stores that accept BTC as a means of payment, and when the Lightning Network becomes more widespread, payment will be cheap and instant, so more people will probably use Bitcoin as a means of payment.

There will be mix reactions for this survey because thousands out there don't understand the technology behind this payment method(Bitcoin). Currently, we have seen thousands of merchants whom now accept Bitcoin as a method of payment and for some, they lack the ability to use this technology to make payment. So far, so good, most of my online transactions are been carried out through Bitcoin except those without such payment method in their platforms. It will be nice to see the outcome of this survey.

Done! Comment: not bad on some of the questions. I can see the direction here, I suppose.

I have a thing for filling out these surveys, always hoping every little helps with them academic studies into Bitcoin. I've only ever, ever received back results and findings from a couple of these bitcointalk threads, though! Hopefully you remember to come back and share with us. You'll learn about better, narrower sampling for future, too I hope. Not exactly good practice to throw a survey like this into the wild;)

Just completed the survey. Nice work on the compilation.
In my opinion, some of the questions were a bit abstract and answering them by clicking a number in a scale may not pass the actual message it requires, but it's probably the best option, especially when you want to make it as convenient as possible to keep those taking the survey hooked till the end.
Good luck and hope to hear some feedback soon.

In my personal experience, merchant payment of bitcoin has decreased and people are losing their interest in paying through bitcoin.
There are several reasons for it, the most important ones being the fees and transaction time, introduction of crypto cards and other stable crypto for payment. People are also more keen on holding and trading bitcoin than to cash them out.

What a rude way to approach a student who just wanted to ask some questions for his thesis.
Not everyone here is like you, who's always angry when discussing things on anyone. lol.
Honestly if you don't want to participate on his survey then don't. He is not forcing you.

OP, as you can see some users already participated on the survey, I'll be participating also.
We wish the success of your study :) If you happen to finish it, feel free to share it with us here ;)

Hello!

Thank you everyone for your feedback and completing the survey so far. I'm a bit suprised of the feedback so far, was kinda worried it would get lost in the sea of other threads.

For those who are concerned about the security of the link:
The survey is made on a Slovenian platform 1ka.si. 1ka is a platform for creating and distributing surveys.
You can find it here https://www.1ka.si/ (slo version) or here https://www.1ka.si/d/en (eng version). Or google "1ka" or "1ka survey".

And I would like to add, that the only personal data that is taken is gender, year of birth and education all of which are optional. The only reason for these demographics is for potential segmentation in the analysis.

edit: The link reference for the distinction between Bitcoin and bitcoin is fixed.

Hopefully I will get enough respondents for some significant results.

P.S. Since I can see that there is genuine interest for the results of the survey, I would gladly post the results after all this is done :)

I suggest if you want to get more people to take the survey add some rewards to attract them because most of the people here don't want to waste their time for taking the survey(Just what I think).

If you are going to add some rewards I would suggest you to bring this thread or make a new one in services section
 (https://bitcointalk.org/index.php?board=52.0) where most people looking for rewards.

Anyway, I already volunteer and answered many questions it almost related to Bitcoin payment but actually there are many big companies accepting Bitcoins like namecheap.

Online survey is always bad.

The readers, viewers and participants of your survey can be limited to one forum, one site, one geographic location (continent) and you can not randomly take a good sample for your survey. It is one of main and important reasons why pollsters in the US took their surveys very bad and get bad results.

Online survey if is not managed good can allow one person takes the survey 10 times or hundreds of time.

Things are not done in such manners on this forum, series of surveys has been made in the past and this is how they have been made so far. But, such as this is optional and not compulsory for everyone. In the past, most of the surveys i participated did paid some few sats to participants but that doesn't mean without it survey won't get done honestly.

First I wanna say good luck with your diploma thesis have choose different topic about bitcoin as payment method in general, I have opinion why many people have move and change payment from fiat become bitcoin, first bitcoin is digital currency assets where sending bitcoin just few minute than you use fiat as your payment method, second why have to use bitcoin for payment because bitcoin value always increase day by day and fiat will give inflation for your money. How billion people not realize when using fiat for payment currency each year value will change and you can try buy something with $100 and the try to buy the same at next year, still you get the same product or not.

There are other ways to continue having more merchants that accept Bitcoin as payment, an exchange partner ship that have Fiat in their wallet . I mean merchant should make partner with one of the popular exchange in their country so every time theyhave payment it is fixed in Fiat value not in crypto since it's really volatile.

Although Bitcoin is now present for quite a while many people are still not familiar with it. Many of them who are but don't know enough about it don't see Bitcoin as a payment method or think it's not reliable enough, don't trust it because it's not regulated or transactions are too expensive for them etc.
Personally I like to use Bitcoin as a payment method but many people don't and we are still very far away from using is a wide accepted payment method.

No one can portrays negatively about survey because from the on set we all knows that surveying always grant the short ways to understand and also knows the rudiments of a thing we are interested to adventure into, so carrying out such action or functions will direct the person to the positive way, I don't really comprehend the text clearly but from what I understood with survey humans can achieve a positive result.

Perhaps you should also look for a good side of online survey.
Logically thinking... it will really be hard to find someone that has some background on bitcoin, specially we at pandemic, locked on our houses.
The story is different if he used random sampling, which I thiink he doesn't.
You know, he has his target sample for his survey :) I guess the OP used a type of sampling method which fitted the best on gathering information for his research.

Who's gonna answer the survey more than once?  None, unless he has nothing to do with his time.
The survey questionnaires are quite good, it's informative also in some part.

I'm glad to know that you are conducting a research about bitcoin. I hope it turns well. Just to add with other's suggestion, I hope you would tell us the title of your research as well as some backgrounds or introduction about it or maybe some related literatures. I remember when you are conducting a research you must state the problem and your goals of your study. Also please do attach some images so that we can read some infos about your survey. I hope when the research is over, you will going to share the result of your study.

I have filled your survey.

A big problem for BTC as a payment method is that it doesn't really work for that purpose. It takes too long and the fees are too high.

You're making a point but I think he cleared that point when he said that the data collected will be used in anonymized form. Also, I looked at the survey and from the best of my knowledge, it truly is anonymous. If you don't feel comfortable as you say, you can fill the form in your browser's incognito mode.

BTW, the survey is great.  8)

i don't think there is any need to be concerned about personal data because none is require, i completed the survey and no personal information was require except age and sex educational qualification which are not directly tied to any specific individual, this is base on general evaluation, anyone can comfortably do the survey, well everyone know what they consider a sensitive information,
anyways here below is a screen shot of part of the survey, i found it interesting..
https://i.imgur.com/hbtIOud.png

Sorry I didn't participate in the survey in the opening post, because I don't want to click on a link that might not be safe. But I am curious
about the survey results, hopefully the results will be displayed in this topic later. And I will share my opinion regarding Bitcoin as a payment
method, as I have mentioned in another topic that I am including those who support Bitcoin as a payment. But the problem is my country
prohibits using Bitcoin as payment. So in the meantime I am only using Bitcoin as an investment, I hope that in the near future the government
of my country changes its mind by accepting Bitcoin as payment.

Partly true if we took into account micro transactions combined with payment in physical outlets and the occasional periods when due to the increased number of transactions there is a competition of users in terms of fees to enter the next block. But if you look at online payment with BTC, then you can adjust the whole thing to your needs - you don't have to pay the max fee and you don't have to wait physically in a store to pick up your product until you get the first confirmation.

The key is to understand how the whole thing works, learn what determines the size of the transaction (number of inputs/outputs), look at the current state of mempool (https://jochen-hoenicke.de/queue/#0,24h) (number of unconfirmed transactions and optimal fee) and of course use SegWit or LN if possible.

If you don't understand the text then how about asking the author what he meant and no just post 4 lines of nonsense?

And yeah, MusaMohamed is right.
Op, if you're doing this just for a simple study in school yeah it can provide you with some material but for anything more important like yearly exams or graduations (I don't know how the educational system in Slovenia works but you should still have those) your survey will be pretty useless and I doubt the teachers will be impressed about it.

The userbase you're researching is clearly pro bitcoin, you're asking questions in a community that is clearly biased towards bitcoin so for sure they will not point in the right direction. Also some of the questions are clearly going to make the users give 10 stars and some lack the "I don't have a clue" option. A lot of users even here have limited knowledge but at the same time I doubt anyone would say "strongly disagree" on this:
"I (would) have no difficulty understanding how Bitcoin technically works"

Go to a mobile convention and ask people if they understand how a phone works, wanna bet on the results?

I appreciate the effort you put into, as is clear from some of the questions and how they are arranged you dint; simply copy paste but I'm concerned about the image the results will paint compared to reality.


If that would be true 4chan would be no more.

When Bitcoin is used on a mobile device, you can make payments in only two easy ways, namely scan and pay.  No need to register, swipe cards, type in your PIN, or sign anything.  bitcoin is an encrypted crypto currency.  Crypto users know how to pay bitcoin.  My advice, the theme of your research is not only about payment methods.  but it will be more interesting if associated with the adoption of bitcoin in the world.

If the merchant is really BTC friendly and allows ample time for confirmation then OK. In practice I have used online merchants who needed the first confirmation within the hour. Sure I can pay the fee to do that (without certainty) but that's too high a fee, most of the time.

That will be difficult as a researcher, first you have to manually collect the data and then I think most surveys online for research are mostly anonymous and does not ask for personal details. I understand the skepticism of clicking the link in an unknown site.

Thanks for the share since I have no time to click and check a survey provided by a Newbie and haven't clearly say what is His thoughts about the survey.

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To OP Nice asking of answers, hope it helps your target.

Maybe the adoption  will follow as the survey ends good right?

Because teaching people about the usage of Bitcoin will be the start of adoption from non believers .

True, it is very easy. But the problem is the transaction fee which will be greater than the price of the goods.
I thought bitcoin would be hard to accept for an everyday payment method

This is possible, but it seems to me that from now on it will not be the same traditional bitcoin, it will be something new.

First, I wish you good luck with your thesis, hoping that it will give positive results. I wonder how the topic about bitcoin sink in on your mind for creating a topic and I wonder if you can have Review related literature for your topic because that is unique and there are only a few topics about it based on what I have searched, but anyway based on the survey, I haven't tried yet using bitcoin as a means of payment because in our country there is no establishment that is allowing it for payment.
It's just a survey, lol. well in fact some of the participants can cheat the answers and just click whatever they want to.

Fine tool for retail payment, I suppose concern about payment securities comes out when it goes to large sums of money. The same as fiat banking actually lol :D

I find this an interesting survey. And I am one of the people who will wait for the announcement of the results of this survey. I myself am very supportive if indeed bitcoin will be a recognized means of payment.

Will take the survey too, even it is good as payment option especially transaction can be unknown and can still be safe but we all knew that fees were getting higher as the price increase unlike the mobile banking that sometimes fees were waived like during this pandemic, the only advantage of bitcoin as payment is that we can do transactions without the hassle of letting ourselves known especially if it's a transaction in other countries.

Hi, I have done joining the survey.
They were long questions and you made the questions so clearly. I really appreciate it.

Well, actually about using Bitcoin as a payment method, so far, I never use it as a means of payment.
As you stated in one of the questions I quoted:


I can't answer this as "agreement" because, in my country, Bitcoin is only legal as a digital asset, but not for payment. And if it is for payment, I think that it is still difficult, but don't know later.

However aside from that, I do believe that other countries may be more open and start accepting BTC as a payment method. many global eCommerce or companies are also on that process probbaly.

Since everyone is hesitating to click on the link (i wouldn't blame them. The link looks a bit fishy), maybe it would have been better to create a survey using google forums. If that becomes too complicated for you, you can try survey monkey. Easy to use since they provide you with all those templates :).
It's good to see more people are choosing blockchain, bitcoin and cryptocurrencies as their field of interest for their thesis research. Would be great if you share your results over here since it would benefit others too.

So bitcoin is not good if adopted as payment transaction or bitcoin only have function for investment? I think you have true because I try sending bitcoin last week when bitcoin have higher price need pay more than $5 for payment fees and waiting more than three hours to receive my payment. Better is not good option for bitcoin as payment currency but could help other if use bitcoin as investment assets for the future because increase value every time. Now bitcoin have any issues will be legal payment transaction and waiting how long confirmation take time.

1 minute later ;D


The survey is really long OP. You should think of making it less time consuming if you want more people to participate. Not many people will want to spend 15 min clicking through a series of very similar questions.

What's the point of asking if bitcoin transactions are cheaper than bank transactions, then again if bitcoin transactions are cheaper than card transactions, and then again if you can send coins cheaper to your friends with bitcoin than with your bank. If bank transfers aren't cheaper than bitcoin, which is true at this moment, sending money to friends and card payments will also be cheaper in the bank. This is all the same thing.

Not actually anonymous but in online surveys, they are mostly making names as optional. But what will probably pull down the credibility of this study is that the sample are totally random. Random sampling still is having qualifications to support the data to be used in the study perhaps students of the same school. And if in this case, users only in this forum but it will be hard to limit the participants in this forum alone since it is a website which is open to all person. Anyone could have access in it. When it comes on users not checking the site, that won't be a problem because being a participant is voluntary.

Every year, more and more people will start accepting crypto and may realize that this is a good payment method. But in my opinion, this is not quite true.

So long a survey, above all it quite interesting to answer some salient questions, the fact is that a lot of businesses and organisations will continue to adopt Bitcoin as means of payment in the coming years.
Another point raised in the survey is the difficulties in understanding how to use Bitcoin, internet has made it easier made provision of resources on that topical issues thus its left to any  cryptos enthusiast willing individual to learn and put them to use,
I also agreed to setting up a Bitcoin wallet is faster than that of a bank account that will demand for KYC and related documents.

I just finished the survey and it was decent and you have a good list of questions but some of the questions are a yes or no question(which is not a problem I just thought I should mention it) and I think at the end of the survey where you ask about gender, date birth and education is unnecessary. people would either feel cautious, defensive or would just put incorrect information in it which would make it useless for studies, analysis etc.

I agree with others, it's pretty long. I managed to pull through, but next time OP, try to make these a little shorter.
Can you share the results with us? I wonder if people see the realities or are overly bullish/bearish and it clouds their judgement.
Unfortunately Bitcoin isn't a great payment method for buying cheap stuff, but if you're planning to buy a house or a car...

I won't complete your survey because I don't trust links with unknown domains (at least to me) and I don't know how long it will take.  If it were maximum 2 minutes, maybe I'd complete it, but again you should use a google survey or something with recognisable & trusted domain.

I'll respond to your question here, though. I think Bitcoin is an amazing method to make payments, but NOT YET. Reason? - The price volatility and the long-term appreciation in value makes it extremely enticing to NOT SPEND it and keep it safe. Fiat currencies on the other side is for spending. They don't appreciate in value, therefore it is logical to dispense them first.

As an advice maybe you can make a little "donation" to everyone who completes the survey and provides you with a bitcoin address. If you can afford it, of course.

Good luck for graduation, man!

That's how the survey works ...

It's not that long anyways, did you really do the survey hmm?
It's been a long debate about making Bitcoin available and worth it to transact in very low amount of fee. Too bad the solution hasn't arrived yet and the cryptocurrency adoption itself seems taken over by the altcoins that has very low fee. A lot of people interested to use bitcoin to buy stuff but thesedays people sick of the high fee and switch to altcoins, yet the bitcoin price continue to grow now lol

completed the survey hoping that it will help a lil bit to the OP in collecting some info here. not really long, will consume you maybe 10 min tops.
this will give her perspectives from btctalk users. maybe different from the outside users but will give her different views when it comes to crypto. wonder what conclusion she will come up with?

The protocol can always evolve to make it better so there is hope, it's just not practical as it is currently. Other cryptocoins work better, but most people have only heard about bitcoin, so adopting something else is not easy either.

In my perception, I can consider myself to use cashless transaction for payment methods. If it established then we don't need to go outside with cash money. As a payment methods, Bitcoin will be a good choose. Already many marchant is doing it. Even PayPal is accepting Bitcoin. So it is established now and it is suitable for me to use, I think it can be considered for all to use easily.