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Author Topic: Who really uses bitcoin?  (Read 2958 times)
harizen
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October 21, 2015, 01:23:36 PM
 #21

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?

Who really uses bitcoin?

Im one of it. I used bitcoins for some real life spendings when my budget is short. Recently I pay our electricity bill with my bitcoins because I will spend my salary in my upcoming out of town.

Who doesn't use it?

Of course the people who doesn't know bitcoin and those people that preferred fiat over bitcoin.

why does it matter?

There's no questions in why. So be it if people doesn't use it or not. Eventually all will came in one place.

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Laosai
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October 21, 2015, 01:29:21 PM
 #22

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?
- I do really use bitcoins, for spending, money transfering , gambling and investing purposes! And of course everyone on this forum uses bitcoin Cheesy
- For me, the typical bitcoin users were geeks but right now I will also include those non-geeks who wants to earn online (that's me)
- Computer illiterate people don't use it ; people who don't have any idea and don't care what bitcoin is (obviously Cheesy )
- It matters because they were getting out dated, they are missing a great technology that everyone should know Wink

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October 21, 2015, 01:31:08 PM
 #23

It will take one decade (or maybe less) until we see the average joes out here doing payments regularly on Bticoin. They need to see benefits for them to drop Paypal or whatever they are using, otherwise they will continue using whatever it's out there already.
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October 21, 2015, 04:26:58 PM
 #24

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?

As far as I can see in my environment, the real users are those that use it as an investment / way to earn money. But as some other say, many of these people will use it to buy things if there were more shops and services offered.

The typical bitcoin user (again, from my limited perspective) is someone who invest on it. Either buying some from his wage and holding, or earning it online and investing /holding it.

Most people don't use it because they do not know about it. A few others, think it is risky. And other still find it too complicated to use at the moment (buying bitcoin with currency to use it, then not having much options to spend it).


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October 21, 2015, 04:29:46 PM
 #25

I use bitcoin.
Mainly as an investment option. I also invest with bitcoin.
I want to use it more in the future though!
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October 21, 2015, 05:57:22 PM
 #26

i use bitcoin to invest, send and receive transactions, holding and buying different things online from stores as dinodirect and such.
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October 22, 2015, 12:34:25 AM
 #27

Im investing at some projects just with bitcoin,when i need i sell some but at the moment im investing it safety soo im getting new satoshis daily and well when it grows a better value maybe i can sell some.
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October 22, 2015, 06:45:32 AM
 #28

and why does it matter?

Because if you don't figure out why people don't want to use Bitcoin - you'll never get over that hurdle and you put the whole notion of societal adoption at risk. You don't need every single person to accept it as a currency - just enough for merchants to accept it on the same level as fiat.
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October 22, 2015, 07:21:03 AM
 #29

Unlike fiat money, bitcoin seldom needs to be used, it is a value certificate similar to your bank long term saving account, you might only touch it several years later. Or, you can use it to do international trade with much faster payment time (given that you and your business partner in another country have already established a stable business relationship), but the required skill set is too high for average Joe

mayax
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October 24, 2015, 03:01:59 AM
 #30

Unlike fiat money, bitcoin seldom needs to be used, it is a value certificate similar to your bank long term saving account, you might only touch it several years later. Or, you can use it to do international trade with much faster payment time (given that you and your business partner in another country have already established a stable business relationship), but the required skill set is too high for average Joe

there are plenty of payment processors, credit cards and so on. why would you need Bitcoin to make a payment?
as you said, Bitcoin is not for the average "Joe" so it is a niche market and it will remain like this. Smiley
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October 24, 2015, 03:05:55 AM
 #31

i personally use bitcoin or atleast i try my best to. Imo merchants are primarily the majority of groups who use bitcoin for easier transactions,and the average consumer can be anyone and thats the beauty of btc
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October 24, 2015, 03:12:51 AM
 #32

I think the typical user is a male late 20's to late 40s. 

The non typical user is someone who is not using technology, (usually) older people.  I know I would have a hard time convincing my grandma to use Bitcoin, she doesn't have a computer, no smart phone, no tablet no internet.  No way she is going to be on Bitcoin ever.

There are younger users, that's for sure. Wink

--

I use bitcoins on a weekly basis to buy stuff, but most of my coins are kept in a stash. The typical users, however, are people looking into bitcoin as an investment vehicle and a store of value since there are not much places to spend bitcoins to.
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October 24, 2015, 04:51:53 AM
 #33

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?

Who uses it: I do, purchased some vps,and domain and also some online stuff and offline like smartphone etc

The typical user: i think mostly internet addict or techno savvy are using bitcoin and internet marketer

Who doesn't use it? and why does it matter? : people who didn't know everything about this technology
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October 24, 2015, 05:28:37 AM
 #34

I just using my bitcoin just for buying things online..
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October 24, 2015, 07:27:57 AM
 #35

i'm using it to buy game for now, and not expensive thing, still too early for that, i'll wait for open bazar to try to buy something expensive that i need like a good 4k monitor

for now g2a is accepting bitcoin, and it work even without their shield, i've already bought two game without it and they are working, pretty cool
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October 24, 2015, 07:37:51 AM
 #36

Mostly people who think it will rise in value. And some merchants.
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October 24, 2015, 07:53:25 AM
 #37

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?
That's a long list with many names in it. The list ranges from teenagers(who find it troublesome to have a bank account), tech savvy people, merchants, people involved in black markets.
Nonetheless, I still think that there are many many normal people like you and me use bitcoin for the sole purpose of using it like normal money.
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October 24, 2015, 08:04:30 AM
Last edit: October 24, 2015, 08:14:31 AM by winguard
 #38

Who really uses bitcoin- Ordinay folk like me, use btc to pay bills, buy prepaid cellphone loads, ordering stuff online, online gambling and change to fiat when in need.

Who is the typical bitcoin user- One who has knowledge about crypto, how it works and benefit the system.

Why does it matter- For bitcoin to grow, it needs mainstream adoption.
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October 24, 2015, 08:32:09 AM
 #39

Who really uses bitcoin? and for you Who is the typical bitcoin user?
Who doesn't use it? and why does it matter?
According to popular belief of public opinion bitcoin is used by terrorists, anarchists, conspiracy theorists and crooked criminals who want to lurk under radar of authorities.
Law abiding citizens should not associate with bitcoin at all. Why am I using it? Because I don't give a damns about idiotic political correctness of the mass media.
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October 24, 2015, 03:59:42 PM
 #40

Who really uses bitcoin- Ordinay folk like me, use btc to pay bills, buy prepaid cellphone loads, ordering stuff online, online gambling and change to fiat when in need.

Who is the typical bitcoin user- One who has knowledge about crypto, how it works and benefit the system.

Why does it matter- For bitcoin to grow, it needs mainstream adoption.

BTC won't be adopted; it's fishy, not regulated, slow and so on.

The people likes regulations, safety, etc. BTC will remain for speculative trading, dark markets.
It has no advantage over any traditional payment systems like debit/credit cards/bank wires and payment processors like Paypal.

It's just "trendy" for now. Nothing more.

The trend is for regulation(see the exchangers who are looking for licenses which means AML, KYC and GOVs rules in the end) and this will be the end of Bitcoin. Why? Because the dark market( over 85% from BTC) will leave this e-currency when it will be "regulated".
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