Bitcoin does not work.

[Febo]

From what i read here, seems like Bitcoin needs lover price and inflation so people will want to loose it faster then other currencies. IF only in 2014 inflation was 58%. What does people need to trust its stability less is out of my understanding.

[knowhow]

Bitcoin doesnt play the pump and dump as others altcoins thats why it has such value,if were a pump and dump it would be dead already,and well being realistic its a market of 3 bilion dollars ,soo needs several persons to make it moove,or in this stages a good news or a bad news,like xt made the community being shared in opionion result droped from the 300 stability value to  200 again.

[muyuu]

I buy gold in cash. It doesn't make sense to me to buy gold in Bitcoin when I have to give all my details and these will be linked to my ID if I transfer directly. That's pretty much a disincentive to me to buy gold in BTC.

You also give up your privacy if you meet in real life. Maybe you shouldn't use Bitcoin if you're afraid to use it.

Firstly I don't, because the people I buy from don't know me and cannot realistically track me. Secondly, I don't try to justify my usage of Bitcoin, I'm happy using it in those things that make more sense like VPN, seedboxes, or the dark net.

[Mickeyb]

Bitcoin does not work because people do not trust to buy things with bitcoin. I have a site running now for 5 months selling precious metals, made plenty of sales with credit card, bank transfer, no problems but not a single bitcoin purchase!

What is the point in bitcoin again?

You just answered your questions. Why would a customer that got used to buying with its credit card which works very well for him or her would just decide tomorrow to stop using its credit card and start paying with bitcoins.

Let's not kid ourselves, this will happen very hard. Bitcoin needs to look for its use cases elsewhere. Remittances, banking unbanked and hard reachable zones, etc.. are just some of the possible use cases.

And by the way, we are not ready for these mass payments. At the moment, our blocks are to small and we cannot compete with Visa for example.