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Question: Is Bitcoin Becoming More Available?
Yes - 11 (61.1%)
No - 7 (38.9%)
Total Voters: 18

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Author Topic: Is Bitcoin Becoming More Available?  (Read 634 times)
Squidley03 (OP)
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August 07, 2019, 09:16:19 AM
 #1



Within recent years the utility, spending and trading of cryptocurrencies has seen a huge leap forward in that we can now pay with our currencies using items like a wirex card and trading can be done over vast networks with many different currencies, each having their own utility. As of late "Bitcoin rewards startup Lolli recently partnered with U.S. grocery store chain Safeway to expand its services from simple online merchants to physical retail stores. In an interview with Yahoo! Finance, Lolli CEO Alex Adelman said: “Right now, we’re trying to make bitcoin accessible to everybody… we’re trying to make Bitcoin part of everyone’s daily life.”

The Lolli system works by rewarding customers in Bitcoin for making purchases with any of its multitude of partner firms. For a company that only began life less than a year ago, Lolli has made leaps and bounds in the industry. Soon after raising $2.25 million from investors including the Digital Currency Group and Square, Lolli began forming partnerships with travel companies like Booking.com and Priceline. Last month it partnered with travel company Hotels.com to provide its customers with free BTC every time they use the site to make a booking.

The payment gateway platform Coinpayments.net is another company that has been helping to increase cryptocurrency adoption by helping users with to spend digital assets. Since 2013, the company has been helping retailers and merchants, both online and in-store, to add crypto payment options to their services. Recently, Coinpayments formed a strategic partnership with the crypto directory listing site Cryptwerk, a single repository listing thousands of places around the world where crypto is accepted.
 
These companies and many others like them are key to helping grow cryptocurrency adoption in a natural and positive fashion. Many financial analysts believe that once real-life use cases are fully realized, massive amounts of capital will enter the market from institutional investors."











-Source https://bitcoinwarrior.net/2019/08/spending-and-earning-cryptocurrency-is-getting-easier-by-the-day/
nutella_11
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August 07, 2019, 10:33:06 AM
 #2

To me Bitcoin is more available now than it was. Cryptocurrencies are more and more popular nowadays. Firstly, you can buy Bitcoin almost everywhere, even at some stationary, physical shops, or also online - at some exchanges or cantors. On the other hand, you can buy some things using crypto too. So, as I said - cryptocurrencies are more and more available, especially Bitcoin.
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August 07, 2019, 10:54:02 AM
 #3

Cryptocurrency is revolutionizing the world since the creation 10 years ago of Bitcoin

But the thing is governments around the globe has their own policies and out views about what crypto is all about,when others saw this as opportunity some find this as threat to their economy

Buy years after years we are seeing more and many are extending their hands to adopt crypto so for me In another years soon we will find the privilege of having crypto specially Bitcoin in our wallet
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August 07, 2019, 11:01:02 AM
 #4

More available as in people can easily get access to it, yes. But it is one thing for Bitcoin to become accessible and quite another for Bitcoin to become affordable. People can easily have it in few hundreds or even thousand Satoshis. Before, a hundred BTC is almost worth nothing.

Bitcoin has become more available but less affordable these days.

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August 07, 2019, 11:11:11 AM
 #5

It is becoming more popular - yes. Becomes more accessible - no.
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August 07, 2019, 11:25:11 AM
 #6

It is becoming more popular - yes. Becomes more accessible - no.

I contradict to your statement! Bitcoin is more accessible now than ever! If you have money, you can immediately buy bitcoin from any damn exchange of your wish. How come it is not accessible?

If you talk about mining, the yes, mining is not affordable to a common people nowadays! But it doesn't stop them from buying it from the market. With the presence of hundreds of crypto exchanges, bitcoin is now more accessible and available to the mass in tune with its popularity.

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August 07, 2019, 12:24:18 PM
 #7

It is becoming more popular - yes. Becomes more accessible - no.

What are you saying? There's like lots of companies now that accepts Bitcoin as payment and even exchange fiat to Bitcoin. In the Philippines, there are shops that let's you exchange Bitcoin to Fiat or Fiat to Bitcoin. There's also a company that handles BTC, ETH, XRP, BCH wallets and let's you pay bills using them, you could also buy in that same wallet from them. It's so easy to get Bitcoin nowadays.
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August 07, 2019, 01:15:42 PM
 #8

Of course. We see a huge increase in attention on Bitcoin, a lot of people are currently looking into and checking out cryptocurrencies, and it's all for a good reason - the technology behind it is pretty revolutionary.

It is becoming more popular - yes. Becomes more accessible - no.
Yeah, this is a shitpost. Look at any major country, company, anyone and you'll see advancements in their knowledge of cryptocurrency. 3 countries are now developing their own cryptos, multiple companies like mastercard are as well, and Bitcoin is extremely popular around people now.

Happy with it's current state. Not mainstream yet, but big enough to become mainstream in the future.

Smiley
TimeBits
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August 07, 2019, 01:19:24 PM
 #9

Funny kind of relates to the satoshi bot I just talked to
https://twitter.com/ThugLifeBlazer/status/1159090578212229120

No, It is becoming less available. Here is the ending of mining of bitcoin simulation.
https://www.youtube.com/watch?v=Y7TLFyK_3Pk

Dust and lost keys will make the supply 0 after a few billion years. Well the supply will always be there, but no one will be able to access it.
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August 07, 2019, 01:20:32 PM
 #10

Of course. We see a huge increase in attention on Bitcoin, a lot of people are currently looking into and checking out cryptocurrencies, and it's all for a good reason - the technology behind it is pretty revolutionary.

It is becoming more popular - yes. Becomes more accessible - no.
Yeah, this is a shitpost. Look at any major country, company, anyone and you'll see advancements in their knowledge of cryptocurrency. 3 countries are now developing their own cryptos, multiple companies like mastercard are as well, and Bitcoin is extremely popular around people now.

Happy with it's current state. Not mainstream yet, but big enough to become mainstream in the future.

The friend used the Bitcoin by doing guerrilla marketing as you know, pulling the topic from one place to another. In other words, when he was trying to bring the subject directly to a project, he mentioned Bitcoin as many people do. I mean, it doesn't mean anything. He knows that. But he doesn't care because he has achieved his goal!

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August 07, 2019, 01:43:49 PM
 #11

Bitcoin has become more available but less affordable these days.
I do not think bitcoin has become less affordable, it's always been this way, the price at every particular period can either be affordable to some or not.

And the most important thing to note is that when trying to purchase bitcoins, you must not attempt to acquire one full bitcoin immediately, you can gradually increase your bitcoin portfolio by purchasing the amount you can afford at that particular time, and with time you'll could own one(full bitcoin),two and much more.



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August 07, 2019, 02:44:48 PM
 #12

Bitcoin is becoming more affordable, that's for sure. But, governments prevent this, it is absolutely true
Actually, Bitcoin is clearly becoming less affordable, since the price increases with time. Moreover, it's also not becoming more available from the miner's perspective, with each halving cutting the rewards by 50%.
And governments don't always try to prevent people from using Bitcoin more. Some of them are being friendly and trying to make sure everyone benefits of the new technology.
And in terms of ways to use and exchange Bitcoin - yes, I think it's clear that the situation is getting better. In my country, we now have dozens of exchanges that allow buying/selling BTC for money in local fiat being sent to the bank account, and we can regularly see the news that Bitcoin is now accepted by even more companies as payment.

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August 08, 2019, 09:33:25 AM
 #13

Well, Bitcoin is already popular and while time goes by ,bitcoin continue to make a noise in crypto market that's why it will become more well known in the future. Also it will become more useful in many ways specially as payment method but because of it's higher value I don't think if it will become affordable for everyone specially those people with less capacity to buy bitcoin.

I agree, to an extent. I don't think it'll become more affordable in that 1 bitcoin = 10gbp I believe items that we buy today will cost like 2/3 satoshi's rather than like paying in whole bitcoins
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August 08, 2019, 11:34:16 AM
 #14

Bitcoin was now becoming accessible, as long as you have an internet connection, you can connect to the network. You can buy bitcoin from many exchanges, and even you can buy from localbitcoin, and you will meet a local seller near your location. That makes bitcoin becoming popular among the people, although there are still not many people using bitcoin if we compare from the total population of the people in the world. But soon, the bitcoin will grow more than now so many people will buy bitcoin.



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Hypnosis00
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August 09, 2019, 11:11:02 AM
 #15

The moment comes into realization and people finally recognize cryptocurrency as currency to be used especially for Bitcoin. No wonder it came into the point where people would have an interest in this, the fair, easy and fast usable currency is seemingly attracting us.
The most adaptable crypto coin in the market will continue its great journey and gains popularity.
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August 10, 2019, 07:01:02 PM
 #16

It is becoming more and more pronounced in the society although I don't think many people are already into it. Perhaps some already bought out of curiosity and FOMO, but there's still a huge percentage who's afraid to take a dip in the water. At this point in time, there are lots of places to get your bitcoin right now, and there's literally no reason to say that you can't find a service that you don't trust knowing that these entities are already regulated by the government.
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August 10, 2019, 07:18:29 PM
 #17

despite having a bad image in most people who heard about bitcoin through tvnews in my country it is surprisingly being
accepted by more stores and company and more will probably be accepting it to in coming years.

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August 11, 2019, 10:46:35 AM
 #18

It is becoming more popular - yes. Becomes more accessible - no.

Agree, it is becoming popular and it seems that a lot of people are interested in bitcoin but not everyone has a direct access to it, based on the articles that I read, bitcoin is so hard to mine now and not all mining sites or faucets are reliable enough to waste your time into.
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August 11, 2019, 12:24:12 PM
 #19

Yes and NO. A few years ago we only had a few exchanges and now we have several exchanges to chose from and we have decentralized services where you can trade without the KYC requirements. LocalBitcoin has been with us for many years but they have gone full KYC now, so that option has made it a little bit more difficult to buy bitcoins without exchanges.

Also, more people have been joining Bitcoin Meetups lately, so you have more people to trade with and you can even use some of the OTC platforms to buy larger amount of coins.  Grin

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August 11, 2019, 12:29:25 PM
 #20

Yes bitcoin is always available, in fact in most of the countries you can buy bitcoin anytime you want as long as you have internet connection
you can able to buy online on legit exchange that allowing anyone to buy and sell all around the world now. Even in some merchants businesses you can also have it through buying of course.
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