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Author Topic: Bitcoins Everywhere? Not yet...  (Read 7706 times)
shinratensei_
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February 25, 2017, 12:00:43 AM
 #161

Bitcoin does have a lot issues to handle at the moment, how a company can accept bitcoin as payment with such delay as 1 day or even more? No one will raise the fee to make it confirm into the next block, lets suppose you wanna to buy something that cost 5 dollars. In the general bitcoin isnt mass adopted yet and merchants are working with paypal, debit and credit cards bitcoin isnt an option.

this make sense bitcoin must have developed its transactions delay that takes 1 day, and plus that identity were unknown we were unable to access if the people were reliable.
Developed its transaction? what a joke, just find your answer in here. so try to complain to the miners to make them go to the SegWit.

You will see the transaction take a short time.

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February 25, 2017, 04:24:50 AM
 #162

I believe Bitcoin is in every country but as to whether it is everywhere(inner city's, hinterlands, ghettos, etc.) I can't tell because it wouldn't be possible to even distribute bitcoins everywhere since there are just about 21 million bitcoins in the world minus the lost ones and Satoshi's cut.

Yes, exactly, one of the reason of why bitcoin is not yet everywhere it is because we only have few millions of it compare to the population of the world, but not only that it is also because we have lack of introducing bitcoin everywhere, and the limit of accessing bitcoin everywhere. Because the number of bitcoin can be increase once demand rises, producing coins will be follow.

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February 25, 2017, 04:44:09 AM
 #163

I think bitcoin has not been introduced all over the globe .western countries have accepted bitcoins and there are quite a few bitcoin atms out here .but if u compare it with developing countries like india , here people have not heard about bitcoins at all and even if some people have heard , they are mostly college students. There are not many companies for bitcoins also , so popularity and usage is a long way to go.

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February 25, 2017, 04:53:41 AM
 #164

bitcoin acceptacne, could have done by simply including a bitcoin core into the screen payment system stores are using, however, all of them would have to accomplish all the blockchain. since part of them would not able to do that, or they were weighting too much of their profit, they decided not. like in Hong Kong, accepting bitcoin could have made instantly - they don't want to.

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February 25, 2017, 05:09:43 AM
 #165

bitcoin acceptacne, could have done by simply including a bitcoin core into the screen payment system stores are using, however, all of them would have to accomplish all the blockchain. since part of them would not able to do that, or they were weighting too much of their profit, they decided not. like in Hong Kong, accepting bitcoin could have made instantly - they don't want to.

What you are saying possible. Before government should accept and make as legal in the country. Then only we can use the bitcoin payment system. Still you can find the online stores such as purse.io, chepair and etc.
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February 25, 2017, 05:23:15 AM
 #166

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?
For some people, gambling is part of their everyday life, they literally can't live if they don't gamble or bet in some way. Which means that Bitcoin has already been adapted into some people's lives.
But for other people, Bitcoin has also been adapted into online shopping as well as real life shopping which is really great. I don't know what will adapt Bitcoin next, but hopefully it makes Bitcoin even more popular.

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February 25, 2017, 05:57:20 AM
 #167

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?

As you can see the traders / investors is the first one to adopt bitcoin first.  The technology sector were the late one to adopt it since they are hessitant about it and think of Bitcoin as Ponzi scheme since the first one will sell their holding to the new investor in an inflated price.  I have talked to all my programmer/IT friends and all of them have the same insight about BTC whenever they see the world "highly volatile.

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February 25, 2017, 08:44:18 AM
 #168

yes for now bitcoin is not everywhere yet like you said it's because not all people know about it
and for your question what the kind of everyday life needs which will adapt bitcoin
the answer is gambling, everyday bitcoin user who love gambling will use it to gambling and the second is online shop


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February 25, 2017, 08:49:22 AM
 #169

bitcoin acceptacne, could have done by simply including a bitcoin core into the screen payment system stores are using, however, all of them would have to accomplish all the blockchain. since part of them would not able to do that, or they were weighting too much of their profit, they decided not. like in Hong Kong, accepting bitcoin could have made instantly - they don't want to.

What you are saying possible. Before government should accept and make as legal in the country. Then only we can use the bitcoin payment system. Still you can find the online stores such as purse.io, chepair and etc.
I think that implementing bitcoin is not just about installing it to your company and then just let it be available for anyone. As virusasog said, when you're going to implement bitcoin as one of your company's currency then you must think about all the regulations regarding bitcoin.
Some companies also said that they're planning on accepting bitcoin in the future but it really takes a long time to be realised, they're thinking of business perspective and laws.

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DoublerHunter
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February 25, 2017, 08:54:24 AM
 #170

Bitcoin is not yet everywhere because there still some countries that don't accept bitcoin and also there is a lot of people who didn't know what is bitcoin yet and what are the advantages of using bitcoin. If bitcoin will be popular and introduce in different social medias then it can easily spread to anywhere and soon you will see bitcoin everywhere.

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February 25, 2017, 09:15:22 AM
 #171

yes for now bitcoin is not everywhere yet like you said it's because not all people know about it
and for your question what the kind of everyday life needs which will adapt bitcoin
the answer is gambling, everyday bitcoin user who love gambling will use it to gambling and the second is online shop
yeah true. before bitcoin users scattered around the world and spread to remote villages. I think bitcoin not be everywhere, probably just in a few places. which are the basis of bitcoin

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February 25, 2017, 12:37:33 PM
 #172

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?

Well Bitcoin is money and assuming it can be a big thing in the near future transaction with buying and selling will be the first to ensure to adapt it and I think it is right now and I think in that said future everywhere you go you can definitely can use your bitcoin in any transaction available and a much larger scale of buying and selling all over the world.

One currecny worldwide, no taxes or fee in transfer, easily transferable to any country instantly without any agent / fee. Which currency gives you all these features.  Only BITCOIN.

Although bitcoin not spread everywhere yet, but time is near when we shall see bitcoins in all places.

I think you can really see bitcoins all over the world the problem is not a lot is using it physically and there are just a limited merchant online that are accepting bitcoin I really think that bitcoin can attain the position of one currency in the future but for now it will be very difficult because the government doesn't want it cause bitcoin does not have tax and it is not controlable for them.


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NetFreak199
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February 25, 2017, 01:19:00 PM
 #173

Most of the members consider bitcoin as major currency of future. Let us assume that it will be accomplished one day, but before that, I wonder which spheres of our everyday life will adapt bitcoin first?

Well Bitcoin is money and assuming it can be a big thing in the near future transaction with buying and selling will be the first to ensure to adapt it and I think it is right now and I think in that said future everywhere you go you can definitely can use your bitcoin in any transaction available and a much larger scale of buying and selling all over the world.

One currecny worldwide, no taxes or fee in transfer, easily transferable to any country instantly without any agent / fee. Which currency gives you all these features.  Only BITCOIN.

Although bitcoin not spread everywhere yet, but time is near when we shall see bitcoins in all places.

I think you can really see bitcoins all over the world the problem is not a lot is using it physically and there are just a limited merchant online that are accepting bitcoin I really think that bitcoin can attain the position of one currency in the future but for now it will be very difficult because the government doesn't want it cause bitcoin does not have tax and it is not controlable for them.
Even we have many users now all around the world using bitcoon, but still too many people don't know and dont have any ideas what bitcoin is, there are lot of people need to learn more about how to and what is the use of BTC.

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February 25, 2017, 02:30:01 PM
 #174

I can speak about my country, Croatia.
We don't have so much users and only a few offline merchants accepts bitcoin for payment.
Recently, we got 2 btc ATM's and it's all.
So, I don't have much options what to do with my btc funds.
I can't spend it offline, only online or keep all funds in the wallet.
Hopefully it will change soon.



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February 25, 2017, 02:50:44 PM
 #175

I can speak about my country, Croatia.
We don't have so much users and only a few offline merchants accepts bitcoin for payment.
Recently, we got 2 btc ATM's and it's all.
So, I don't have much options what to do with my btc funds.
I can't spend it offline, only online or keep all funds in the wallet.
Hopefully it will change soon.



it is sad to here that. I also face with the same issue. However, I am having more than 20 Bitcoin. Bitcoin is not only a type of currency, we can consider it as an investment which can bring profit to us. The prices has jumped to $1200 and I believe that it will continue to rise. Storing Bitcoin can make Bitcoin become stronger

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February 25, 2017, 03:01:47 PM
 #176

Well if you don't know what to do with your bitcoins you can exchange them for fiat currency right? I have a few bitcoins and sometimes I exchange a bit of them to pay for the bills and groceries and stuff like that. Most of them I keep in my wallet for long time investment.
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February 25, 2017, 05:31:59 PM
 #177

I believe Bitcoin is in every country but as to whether it is everywhere(inner city's, hinterlands, ghettos, etc.) I can't tell because it wouldn't be possible to even distribute bitcoins everywhere since there are just about 21 million bitcoins in the world minus the lost ones and Satoshi's cut.

Yes, exactly, one of the reason of why bitcoin is not yet everywhere it is because we only have few millions of it compare to the population of the world, but not only that it is also because we have lack of introducing bitcoin everywhere, and the limit of accessing bitcoin everywhere. Because the number of bitcoin can be increase once demand rises, producing coins will be follow.
yes the main reason is that bitcoin is still not yet as popular everywhere. i think still only 1 % of all the population of the world is using bitcoin or know about it while still majority of the people still do not even know about bitcoin and therefore hey are not using it.
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February 25, 2017, 06:28:55 PM
 #178

yes for now bitcoin is not everywhere yet like you said it's because not all people know about it
and for your question what the kind of everyday life needs which will adapt bitcoin
the answer is gambling, everyday bitcoin user who love gambling will use it to gambling and the second is online shop
It's not because only that, most of the people still prefer using fiat over bitcoins even though they actually know about bitcoin and there might be a lot of reasons for that... First of all, fiat payments are accepted everywhere so you don't have to bother searching for special shops or something, moreover governments some time are against bitcoins so people are scared to use it. I think we just need some more time and bitcoins will be everywhere and people will use it all the time instead of fiat.

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February 25, 2017, 06:41:02 PM
 #179

I believe Bitcoin is in every country but as to whether it is everywhere(inner city's, hinterlands, ghettos, etc.) I can't tell because it wouldn't be possible to even distribute bitcoins everywhere since there are just about 21 million bitcoins in the world minus the lost ones and Satoshi's cut.

Yes, exactly, one of the reason of why bitcoin is not yet everywhere it is because we only have few millions of it compare to the population of the world, but not only that it is also because we have lack of introducing bitcoin everywhere, and the limit of accessing bitcoin everywhere. Because the number of bitcoin can be increase once demand rises, producing coins will be follow.
yes the main reason is that bitcoin is still not yet as popular everywhere. i think still only 1 % of all the population of the world is using bitcoin or know about it while still majority of the people still do not even know about bitcoin and therefore hey are not using it.
1% is too small and i think not all country. most of the bitcoin users i think are china.. and us well since those country are bing maybe only 1% are bitcoin users.. but this is not sure because bitcoin users are almost anonymous.. we do not know even the exact estimate if how many bitcoin users..

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February 25, 2017, 06:47:24 PM
 #180

yes for now bitcoin is not everywhere yet like you said it's because not all people know about it
and for your question what the kind of everyday life needs which will adapt bitcoin
the answer is gambling, everyday bitcoin user who love gambling will use it to gambling and the second is online shop
It's not because only that, most of the people still prefer using fiat over bitcoins even though they actually know about bitcoin and there might be a lot of reasons for that... First of all, fiat payments are accepted everywhere so you don't have to bother searching for special shops or something, moreover governments some time are against bitcoins so people are scared to use it. I think we just need some more time and bitcoins will be everywhere and people will use it all the time instead of fiat

Fiat is an abstract concept as such

There is no just fiat, it is always a certain currency (e.g. US dollars, euro, British pounds, etc). If you are using a local currency (whatever it might be), you typically won't have any issues with buying usual daily stuff. But if you are traveling around the world, converting one fiat currency to another may give a lot of headache (if not butthurt), and this is where Bitcoin shines. You can access your bitcoins from virtually everywhere and convert them to whatever currency you may need at the moment. Basically, only the US dollar comes close to being more or less universally accepted across most countries

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