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Author Topic: Bought this stuff with Bitcoin, great way for people to become aware of Bitcoin  (Read 582 times)
Saisher (OP)
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January 18, 2020, 12:29:02 PM
 #1

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
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January 18, 2020, 12:36:51 PM
 #2

Today, you won't have any impact because almost everyone knows Bitcoin already. Their interest may have been already answered, and if they want to use it, they would be utilizing it or maybe supporting it. Maybe stories about how irrational your decision can be when you used Bitcoin now instead of in the future, thinking that it could increase in price in the future.

Can you have the capacity to determine how many people already have been aware of and been using it? It's possible through a survey, but you can't have solid data about it.

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January 18, 2020, 12:38:27 PM
 #3

I do not think saying it will matter anyways.

People tend to HODL Bitcoin more than spend it and there are not many physical or online stores available. Those that are available are only focusing on particular niches like VPN, web hosting, gambling and few travel websites.

There is not much option available at the moment.

If you want to promote Bitcoin then let it be easily accessible, we need more Bitcoin ATMs and physical stores accepting it.

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January 18, 2020, 12:39:39 PM
 #4

With few exceptions, you wont buy many stuff from shops or online with bitcoin. There are many countries where bitcoin and other cc are ban so showing such people stuff you have bought with btc wont be of much use. People will automatically attracted to bitcoin if we have bitcoin with stable price, fast transaction rate and use cases in real life.

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January 18, 2020, 01:00:44 PM
 #5

The word of mouth is indeed a very powerful marketing  method. I think people can find ingenious ways to share the power of Bitcoin. Like when you're in a mall with some colleagues or friends and you're at a store that accepts bitcoin you can brag to your friends by paying with BTC while the other "dinosaurs" pay with cash or cards.
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January 18, 2020, 01:04:07 PM
 #6

I bought some headphones online with Bitcoin just to see if it worked and how easy it was.  It worked great for me and now I can tell others that I was able to buy things with Bitcoins.

 
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January 18, 2020, 01:09:50 PM
 #7

Yeah, it is a good way to make people interested in bitcoin if you show or tell them that you can buy things from the internet or even some physical shop with bitcoin. But, they might have some counter questions, like they can do the same with with their credit card or fiat currency. It is your responsibility to give answers accordingly, like making them aware about the advantages and its benefits of using crypto currencies over fiat currency. Yeah, crypto currencies do have cons, make sure you let them know about this too.

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January 18, 2020, 01:20:29 PM
 #8

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Yep, it will be good to show what you can buy with BTC, whether offline/online shops. However, there are only few places that we can really spend it. Still, this is a good way to make people aware that bitcoin is here and could be used/spend.

I guess if we see big online stores start accepting BTC then we don't need to promote bitcoin by ourselves. Sooner or later many are going to discover it. But only time can tell if bitcoin are going to be adopted.
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January 18, 2020, 01:21:12 PM
 #9

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
By that way it's something like we supporting Bitcoin, showing how works Bitcoin and the same time like we are something advertising Bitcoin on that way.
In that way, those people you told about that will become curious what is Bitcoin if still they don't know Bitcoin and they will become aware on Bitcoin itself.

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January 18, 2020, 02:17:51 PM
 #10

there are not many physical or online stores available
Here is a database of over 1000 physical and online stores which accept bitcoin: https://spending-bitcoin.com.
Here is a map of over 15,000 stores physical stores which accept bitcoin: https://coinmap.org/view.
For major brands like Amazon, Apple, Google, Walmart, etc. then there's giftcards available from https://www.bitrefill.com.
For any small or independent retailers, then simply ask them to start accepting bitcoin. They want your business after all, and if accepting bitcoin is the way to get it, many will consider it.

If you want to promote Bitcoin then let it be easily accessible, we need more Bitcoin ATMs and physical stores accepting it.
It's not good enough to just say "we need more stores to accept it". Stores aren't going to accept it unless there is demand for it. Go and create demand for it. Ask to pay in bitcoin. Spend it where you can. If stores start seeing their competitors' bitcoin income increasing, they will soon take note.

because people can now pay with their credit cards
Perhaps I don't want my credit card company having a complete profile on me of absolutely everything I've ever bought? That's a privacy nightmare. Perhaps the merchant doesn't want to pay 3-5% of the transaction in credit card fees because it eats the majority of their profits?

they have to buy bitcoin from intermediaries and pay a lot of fee.
Only if you are using centralized exchanges which over charge you. Trade peer to peer for a small or minimal fee, and protect your privacy and security at the same time.
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January 18, 2020, 02:23:41 PM
 #11

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
It is a good idea for others to be aware of bitcoin, but it is not enough for them to discover bitcoin as they can definitely think of it as an E-currency just like PayPal only.

It would have been better if they had known how to use it and how the price of bitcoin in the past has given us a huge profit. And of course let's also say some things to avoid in investing in bitcoin.
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January 18, 2020, 02:25:21 PM
 #12

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Hell just widraw and convert your bitcoin into fiat and then show them the money  it will prove to them that bitcoin is real and have a real value. Buying in a shop that accept bitcoin is only a way to make it more popular and there are many store accepting it now and you can use it even in online shop. Bitcoin help them to havr easier transaction.

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January 18, 2020, 02:29:36 PM
 #13

this is makes no sense. because people can now pay with their credit cards and they don't have to change their habits for some kind of crypto. Besides, they are using the common currency and easy to circulate, but when they pay with crypto, they have to buy bitcoin from intermediaries and pay a lot of fee. So why do they have to do that and why do they care about crypto or bitcoin? Instead of telling them by paying with bitcoin, tell them that you make a lot of money from buying and selling bitcoins. then your statement will cause attraction.
A lot of fee? it doesn't cover a lot of fee and usual transfers are only costing few centavos so I don't think it's really expensive on both sides of buyer and seller.

I don't see something wrong telling others that you have purchased a good thru bitcoin.

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January 18, 2020, 02:36:16 PM
 #14

It's not good enough to just say "we need more stores to accept it". Stores aren't going to accept it unless there is demand for it. Go and create demand for it. Ask to pay in bitcoin. Spend it where you can. If stores start seeing their competitors' bitcoin income increasing, they will soon take note.

It's like a chicken and egg problem, there's a perception of low demand because it's hard to spend it. Most people aren't going to drive for half an hour and perhaps pay suboptimal prices just to promote Bitcoin, it's just way too burdensome, but if they had such stores nearby, they would be more likely to shop there.

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January 18, 2020, 02:42:09 PM
 #15

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Honestly, I don't think anyone would care unless it would be something really cool you bought. And judging by the name of the thread, I thought you'd at least show us something you bought with Bitcoin. I don't recall buying anything with it, apart from fiat, unfortunately. The options are limited, the places where I regularly spend money don't allow any payment except local fiat, and even though I know some places in my city that accept Bitcoin, I don't want to spend it on something useless just for the sake of buying something with it.
there are not many physical or online stores available
Here is a database of over 1000 physical and online stores which accept bitcoin: https://spending-bitcoin.com.
Here is a map of over 15,000 stores physical stores which accept bitcoin: https://coinmap.org/view.
Thanks for the list, but it only proved my point about my city. I checked out the map, and could not see anything I use in my life which could be bought with Bitcoin there.

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January 18, 2020, 02:48:14 PM
 #16

I have promoted bitcoin almost everywhere I got chance like with my colleagues, my friends etc but the worst is people have heard about it as a coin of darkweb. They have very much bad impression on bitcoin. That hurts. I have tried to spread the good sides of bitcoin as well but very few people likes it.
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January 18, 2020, 02:52:14 PM
 #17

I have promoted bitcoin almost everywhere I got chance like with my colleagues, my friends etc but the worst is people have heard about it as a coin of darkweb. They have very much bad impression on bitcoin. That hurts. I have tried to spread the good sides of bitcoin as well but very few people likes it.
You reminded me of one of my presentations when I was in college, I talked about cryptocurrency and bitcoin. I tried to advertise to them about its benefits but the results were not what I imagined. Most people say that it looks like a scam and how to make a profit with it, they have a very bad impression on bitcoin and this whole market. It is difficult to promote many people in our lives because not everyone is knowledgeable and willing to think about it. They only care about Fiat and want it as much as possible
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January 18, 2020, 02:54:43 PM
 #18

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Yes some people will become aware of Bitcoin but still there are some who will say "What is he saying? Bitcoin what is Bitcoin" and the like.

There are many establishments right now who are aware of Bitcoin already. The only thing is that the customers are the ones who aren't aware that a cryptocurrency like Bitcoin exists right now. To be honest, I don't want to advertise Bitcoin since I feel that many knew it already. Its just they can't risk their money into an investment that is very volatile like Bitcoin. Instead of investing it on crypto, they'd rather invest it on business or other investments like stocks, bonds, etc.

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January 18, 2020, 02:56:56 PM
 #19

Yes it works really good, you basicly proving Bitcoin works especially if u started with nothing.

When I bought my pc with Bitcoin friends and family started looking and investing in Bitcoin and Altcoins to.

I imagine it is very easy for webshops to accept Bitcoin as a alternative currency next to the normal payment methods, as a shop you dont need to keep the cryptocurrencie you can trade it for money right away if u want.
You can basicly buy anything with Bitcoin now a day and google is a great tool of finding the shops you are searching for.
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January 18, 2020, 03:06:03 PM
 #20

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Bitcoin was not created to exchange for fiat currency (euros, dollars, etc.). Bitcoin was created to be an exchange between products or services, directly. What happens is that, because its value has become excessively high, it has been used as a speculator. But we must bear in mind that it is a volatile price for companies or microenterprises. Although if today you decide to buy me a house with bitcoin, and if tomorrow the price of Bitcoin rises, then I will earn double. There are already some companies that have decided to receive Bitcoin as a payment method, they know they can earn much more in the future, because their value can continue to grow. Although it is a matter of risks, because its value can also go down and lose.
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January 18, 2020, 03:16:45 PM
 #21

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Yes some people will become aware of Bitcoin but still there are some who will say "What is he saying? Bitcoin what is Bitcoin" and the like.

There are many establishments right now who are aware of Bitcoin already. The only thing is that the customers are the ones who aren't aware that a cryptocurrency like Bitcoin exists right now. To be honest, I don't want to advertise Bitcoin since I feel that many knew it already. Its just they can't risk their money into an investment that is very volatile like Bitcoin. Instead of investing it on crypto, they'd rather invest it on business or other investments like stocks, bonds, etc.
The reason for that is because people still lack the knowledge about it and interest about how it was used when having transactions through online. Aside from people trying to avoid to risk their investment due to its volatility, they prefer using the same old-fashioned way because they find it more convenient.


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January 18, 2020, 03:19:35 PM
 #22

Yes it will help to let them be aware of bitcoin but it won't caught their attention. Not everyone will be interested because they can also buy those stuff using fiat. What will make them get interested if the stuff you bought using bitcoin is hard to find on other shop and can only be available using bitcoin. There are other ways to promote bitcoin aside form this. But this will only work if they know the importance of Bitcoin, it's easier to get their attention.
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January 18, 2020, 03:31:20 PM
 #23

Today, you won't have any impact because almost everyone knows Bitcoin already. Their interest may have been already answered, and if they want to use it, they would be utilizing it or maybe supporting it.   

I would disagree with your statement because to hear about BTC and to know something specific about it is a big difference. If there is any truth in research that shows that less than 1% of the world's population owns/trades with crypto, we are still far from saying that most are familiar what is actually BTC.

I personally bought a lot of things with BTC (TVs, smartphones, various gadgets), but I don't think it helped others to become aware of BTC. The only thing that might interest them in this particular case is the fact that they can buy BTC at a lower price, and then profit by buying something when the BTC price goes up. I can say to someone that I buy my new OLED tv, a state-of-the-art smartphone or something like that for $50 worth of BTC which I bought back in 2015, but 2 years later value of that money is increased x100. What I cannot tell them is whether the past will be repeated, everyone should take the risk on their own.

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January 18, 2020, 03:56:03 PM
 #24

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

It's depends on how they see Bitcoin. Seriously it's harder to convince people to use Bitcoin as currency rather than embrace them to have Bitcoin (IMO). Mostly expect high price rather than the utility itself, so they think Bitcoin is a commodity not currency (although bitcoin can also be considered a commodity). The other problem also come from the regulations, the government say no to Bitcoin as payment.

...
There are already some companies that have decided to receive Bitcoin as a payment method, they know they can earn much more in the future, because their value can continue to grow. Although it is a matter of risks, because its value can also go down and lose.

Those companies who decided to accept Bitcoin as payment is must be a big company who established their funds. Accept Bitcoin as payment is more risky than trading directly thru the market.
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January 18, 2020, 04:05:00 PM
 #25

I bought some headphones online with Bitcoin just to see if it worked and how easy it was.  It worked great for me and now I can tell others that I was able to buy things with Bitcoins.
As long as there is a merchant who will accept Bitcoin as payment it's quite easy to buy through online. But sometimes those merchant/stores stopped accepting Bitcoin due to the high miners/transaction fee. It's hard to run a business when there's something like a tax that is above the average cost.

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January 18, 2020, 04:21:25 PM
 #26

It's a great idea but let's not forget that there are few of these marketplaces that have agreed to accepting Bitcoin as payments. I believe once we have these online market platforms in place people would start spending their bitcoins rather than holding it as an asset. Can't guarantee this though, people will make their own choice when the time comes

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January 18, 2020, 04:22:53 PM
 #27

In my country no online store or marketplace accepts payments with bitcoin. Bitcoin regulation is still unclear and there is still no support from the government.
If I want to buy the items I want, I first convert BTC to Fiat and then use it to trade.
Introducing bitcoin by buying items using bitcoin might be a great way to introduce and make ordinary people aware that bitcoin is valuable. But of course there are those who argue that bitcoin is just a hoax that will hurt it. We also have to provide an explanation or education about bitcoin so that their view of bitcoin is as a useful investment.
Currently bitcoin is also widely known through social media, so it will be easier for ordinary people to know about bitcoin.
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January 18, 2020, 04:25:20 PM
 #28

Yes it will help to let them be aware of bitcoin but it won't caught their attention. Not everyone will be interested because they can also buy those stuff using fiat. What will make them get interested if the stuff you bought using bitcoin is hard to find on other shop and can only be available using bitcoin. There are other ways to promote bitcoin aside form this. But this will only work if they know the importance of Bitcoin, it's easier to get their attention.

I think what Op is saying here is that, it will look surprising to novice that it is even possible for someone to make a purchase of something with bitcoin. Because some people have not thought of the possibility of that happening.
Anyway, I think that we are making progress on crypto transactions.

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January 18, 2020, 04:33:03 PM
 #29

Yes it will help to let them be aware of bitcoin but it won't caught their attention. Not everyone will be interested because they can also buy those stuff using fiat. What will make them get interested if the stuff you bought using bitcoin is hard to find on other shop and can only be available using bitcoin. There are other ways to promote bitcoin aside form this. But this will only work if they know the importance of Bitcoin, it's easier to get their attention.

I think what Op is saying here is that, it will look surprising to novice that it is even possible for someone to make a purchase of something with bitcoin. Because some people have not thought of the possibility of that happening.
Anyway, I think that we are making progress on crypto transactions.
You got that right,
And if this thing was done, we at least let them be aware that purchasing item through online using bitcoin is possible and that might get their interest by trying to do the same the next time they have to do transactions.



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January 18, 2020, 04:49:22 PM
 #30

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Maybe some VPN that i bought with bitcoin payment, but it is only in bitcoin community so maybe not affect much. I think for now, i can't do that thing because some merchants that accept bitcoin don't have something that i look.

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January 18, 2020, 07:28:57 PM
 #31

I always show people what I have bought with bitcoin and even send them a link to where I buy from and the onlinemarkets that accept bitcoin. They are impressed and surprised by the online markets accepting bitcoin since there is so much to buy on there. There are still people today who think you cannot spend bitcoin because it is not "real money" (even some in the forum) so showing them with proof is a good idea. Best is action over talk.
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January 19, 2020, 06:12:59 AM
 #32

This is a good way of inducing bitcoin adoption to people, but it should be timed in the right place and the right time because not all the time we should tell the people about bitcoin because they might be frustrated about us repeating the same thing over and over again. So, the right time to tell them about something we bought using bitcoin is when they personally asks us about it.
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January 19, 2020, 06:38:33 AM
 #33

This has happened since 2 years ago in my neighborhood. Already many people are aware of the presence of bitcoin. However, because there are restrictions on the use of bitcoin, so this is only a commodity for now, it is very difficult to use it for payment tools because of government regulations. I do not know how long the rules will be changed, which is clear cryptocurrency has given a new era for the economic world.

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January 19, 2020, 06:49:05 AM
 #34

I didn't get the statement regarding "the stuff that has value on fiat." Of course, if you buy something, it must have some value. What I think would let Bitcoin shine the most is buying things that costs expensive. This is where Bitcoin could showcase itself by having small transaction fees on buying expensive products, removing banks as middlemen, and having a transaction as fast as 6 confirmations (just minutes to an hour).



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January 19, 2020, 07:01:31 AM
 #35

Most people are already aware of bitcoin. The problem is their trust and understanding. I don't think a lot of people would change their mind just by you showing what you bought through it. I think major companies and governments should acknowledge it to build people's confidence. It's going to take a little more time before the majority accepts bitcoin's positive nature more than it's minuses.

 
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January 19, 2020, 07:10:54 AM
 #36

Most people are already aware of bitcoin. The problem is their trust and understanding. I don't think a lot of people would change their mind just by you showing what you bought through it. I think major companies and governments should acknowledge it to build people's confidence. It's going to take a little more time before the majority accepts bitcoin's positive nature more than it's minuses.

Majority of Governments are not very much in favour of bitcoins and other crypto that's why companies are not adopting these crypto. Right now people who are outside crypto community know that bitcoin is currency of dark web only.

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January 19, 2020, 07:20:13 AM
 #37

Actually I think they won't .
The thing is even money can be used to buy the stuff you are talking about , therefore what will happen is they will think of it as a currency that can be used .
But it's much more than that , I think I will tell people how their investments can grow with time once they invest in this and this will for sure make them learn more about the bitcoins as a whole .
Buying stuff with bitcoins also comes with its own disadvantages , limited choices , limited places where you will be able to do that etc..

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January 19, 2020, 07:36:27 AM
 #38

They aware but here is the thing.

My mother watched news and when he heard anything about Bitcoin, he immediately tells me. She also talked about it with other people and I am shocked since most of then do not use Bitcoin but call it as illegal or a scam. I don't know but when my mother told me that, she got worried. Not until I explain all of the misunderstanding with her since it is not illegal in our country and it is not a scam. It is the people, they are aware but they do not know what really it is.
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January 19, 2020, 07:43:02 AM
 #39

People will not adopt Bitcoin to simply pay for things, we have plenty of options for payments. People WILL take notice and adopt if they believe they'll make money or a lucrative investment. Price increase is the best form of awareness. 
Awareness is coming and probably one of the best ways you can increase awareness is to ask the clerk each time you pay for something, "Do you accept Bitcoin?"  The answer will almost always be no today and might be for some time still but it plants the seeds of Bitcoin as a real asset. You'll likely start having conversations with that question as well.

I'm in retail and when customers ask what forms of payment I accept, I will always include Bitcoin as an option although nobody has ever paid BTC, it has started many curious questionings.
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January 19, 2020, 07:59:52 AM
 #40

Your idea is good but I think it is only beneficial for people who have no idea about Bitcoin. It is actually easy to make some tricks for cryptocurrency awareness, but the hard part is maintaining it. They might get interested one second and forgot about it the next. So constant exposure is a must when you want to spread crypto awareness. Another challenge would be those who already know Bitcoin and are blind, knowing only the bad part about it.

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January 19, 2020, 08:32:05 AM
 #41

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
maybe some of them will realize that bitcoin is better used as a means of payment rather than fiat currency especially if making payments in large amounts, but I am not so sure whether they will adopt bitcoin for such reasons and they are afraid that bitcoin will cause some problems because now if we see some governments they really hate bitcoin for use as a means of payment or other transactions, and they always emphasize in their speeches so people don't adopt bitcoin.

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January 19, 2020, 09:07:43 AM
 #42

You can bring any stuff using bitcoin or fiat, as long they know the stuff is legal and can share I think people will happy and not worry. People aware with bitcoin because they don't know about bitcoin and only know the negative side, has no regulation/ protection and maybe their country reject it. This should be your chance to introduce and explain about bitcoin, you already get their attention and now show them how to get it.

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BigBos
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January 19, 2020, 09:21:16 AM
 #43

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
Yaps, you're right, and people will think that it's easy to make bitcoin. however, because of this, many people are deceived. sometimes, some people find it easy to make bitcoin, so many people offer trading, investment and other HYIP services to attract investors and deceive them. however, after showing that, you need to explain to them what bitcoin is, because sometimes they will find ways to follow the path you take even if it is dangerous.
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January 19, 2020, 09:42:31 AM
 #44

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Those who do not know about Bitcoin will definitely be amazed because you have acquired the item without paying any fiat money.  Then they will definitely get interested but later found out that they have to buy Bitcoin and undergo trouble setting up a wallet and securing it.  Though it is a great way of promoting Bitcoin I think ordinary people that don't want to get out of their comfort zone will just ignore it.

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January 19, 2020, 10:03:18 AM
 #45

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Good idea.
Values  like "very attractive" things, I guess.
Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons:  sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc
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January 19, 2020, 10:50:48 AM
 #46

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Implicitly, you tell us that we need to spend our bitcoin to prove other people that bitcoin has value.
Adoption of bitcoin as a currency is difficult when people do nothing but hodling their bitcoin.
It’s a contradictive when people want the adoption goes well to fuel up the price, but in the same time they hodl their bitcoin because they believe that the price will be high in the future.

It’s back again to the community.
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January 19, 2020, 11:21:58 AM
 #47

Implicitly, you tell us that we need to spend our bitcoin to prove other people that bitcoin has value.
Adoption of bitcoin as a currency is difficult when people do nothing but hodling their bitcoin.
It’s a contradictive when people want the adoption goes well to fuel up the price, but in the same time they hodl their bitcoin because they believe that the price will be high in the future.


this isnt for the hodlers but its for the people that only enjoys to use bitcoin as a currency  .

these people dont care about hodling   .

 this greatly applies to them   .  also this hodlers sell but then they buy again or they buy again more bitcoins even if they havent sell yet but they only do this for preparaton in the hopes that they can earn more  .
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January 19, 2020, 12:06:06 PM
 #48

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Yeah the problem is there are only a few shops that accept payments with bitcoin, maybe in some countries there are already stores that you mean but some of them don't exist like in my country. Maybe it's possible if I buy it at a store abroad, but I very rarely shop abroad when it's cheaper in the country. Adoption must be evenly distributed not only for customers but also for business actors, because the main flow is in business actors in the introduction of bitcoin.
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January 19, 2020, 12:06:56 PM
 #49

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

I think it's pointless.Nowadays most people shop on the internet,so they have credit/debit cards and paypal.What's the point for them to buy bitcoin just to use it to buy some item online.They can use debit/credit cards or paypal and it's still way more convenient (and they have buyer protection included).

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January 19, 2020, 12:09:47 PM
 #50

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

I am not always telling other people about buying stuff on the internet with bitcoin, but sometimes I bought stuff in the online store with transferring the money to that store. People here buy much stuff in the online store, but they still use local currency to pay. The online store is not yet integrated its payment system using crypto, but I think if crypto becomes popular, the online store will use crypto.

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January 19, 2020, 12:11:46 PM
 #51

Most of their reactions are usually shocked.

Even with the receipt to show them, they just cannot believe it.
There might be something good in it in the future.
Here will be the case after you tell them the story of buying something thru bitcoin.
1. They might research bitcoin and dig deep.
2. They will buy also just to try it out.
3. They will also tell it to their friends for a good story. Something to shock another friend and look at their faces with a WOW.

It will be passed on.
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January 19, 2020, 12:36:23 PM
 #52

This idea is not bad, as we can see, mostly, people only know if you bought something, they thought that you bought it with fiat money. But if you tell them in another way like you just said with Bitcoin, some people that not use to buy with it will be curious and begin to search for some information about bitcoins. this is a good idea man, simple ideas like this will spread the awareness of buying products using our beloved bitcoin.

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January 19, 2020, 12:39:57 PM
 #53

Most of their reactions are usually shocked.

Even with the receipt to show them, they just cannot believe it.
There might be something good in it in the future.
Here will be the case after you tell them the story of buying something thru bitcoin.
1. They might research bitcoin and dig deep.
2. They will buy also just to try it out.
3. They will also tell it to their friends for a good story. Something to shock another friend and look at their faces with a WOW.

It will be passed on.

It will be good if it's just easy like that, but others are too suspicious that they tent to tailored negative news especially those who don't understand it and not able to buy at lower price then their investment is not getting profit. Though to those who are finding new innovation and convenient way in paying, telling how easy we are able to pay, or simply paying to someone who didn't know it yet will work to spread adoption.

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January 19, 2020, 12:43:05 PM
 #54

Most people are already aware of bitcoin. The problem is their trust and understanding. I don't think a lot of people would change their mind just by you showing what you bought through it. I think major companies and governments should acknowledge it to build people's confidence. It's going to take a little more time before the majority accepts bitcoin's positive nature more than it's minuses.

Majority of Governments are not very much in favour of bitcoins and other crypto that's why companies are not adopting these crypto. Right now people who are outside crypto community know that bitcoin is currency of dark web only.
What can we expect on people these days? they don't open their minds on it's potentialities and it's because they don't have enough understanding. Some of them chooses to judge and underestimate it's capabilities without even searching for it's real and specific purpose. It's the reason why it will be difficult to gain the trust of people when it comes to bitcoin and no matter what you do, if they chooses to disregard it then they will definitely don't understand even if you have tried to explain things. It depends on the person itself, people will surely grab the opportunity if it seems to be beneficial but once they have seen it's negative side then they will hesitate and doubt it.

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January 19, 2020, 01:13:07 PM
 #55

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
your idea is good enough to make many people aware of bitcoin, but I would rather save it than use it to buy things out there using bitcoin, to be honest in my country for bitcoin users are not prohibited from storing bitcoin but it is prohibited when using bitcoin to pay for something in my country , so I can't buy anything in my country with bitcoin, except to buy internet packages on my cellphone and domains for some of my business websites

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January 19, 2020, 01:15:33 PM
 #56

Most people are already aware of bitcoin. The problem is their trust and understanding. I don't think a lot of people would change their mind just by you showing what you bought through it. I think major companies and governments should acknowledge it to build people's confidence. It's going to take a little more time before the majority accepts bitcoin's positive nature more than it's minuses.

Majority of Governments are not very much in favour of bitcoins and other crypto that's why companies are not adopting these crypto. Right now people who are outside crypto community know that bitcoin is currency of dark web only.
What can we expect on people these days? they don't open their minds on it's potentialities and it's because they don't have enough understanding. Some of them chooses to judge and underestimate it's capabilities without even searching for it's real and specific purpose. It's the reason why it will be difficult to gain the trust of people when it comes to bitcoin and no matter what you do, if they chooses to disregard it then they will definitely don't understand even if you have tried to explain things. It depends on the person itself, people will surely grab the opportunity if it seems to be beneficial but once they have seen it's negative side then they will hesitate and doubt it.
It's better to let bitcoin grow and develop by itself because to explain that bitcoin is good for them and not as easy as it says, and I'm sure over time they will realize that bitcoin can change their lives better and make things easier, safer and more comfortable and especially bitcoin can be used as an alternative payment and in the end everyone wants to be involved in bitcoin.

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January 19, 2020, 01:22:44 PM
 #57

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
It's a good way to spread bitcoin to those people that didn't know yet the use and existence of bitcoin. By showing them the stuff that you have bought and telling them that you just bought it using bitcoin, I am pretty sure that they will be curious about it.

And their curiosity will be our ace to make the people become aware about bitcoin and a good way to spread the usage of bitcoin around the globe. It's a small marketing technique but I am sure that it will surely help bitcoin to raise it's demand and price.

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January 19, 2020, 01:30:22 PM
 #58

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
While this is a great idea to help increase awareness of cryptocurrencies and their uses, and it is the best way for individuals to do their share with helping in the adoption of cryptocurrencies but it is going to take a bigger initiative in order to convert more people into believing in cryptocurrency. Many don't see a problem with just using their simple and easy to use fiat currencies.
   Unless a major celebrity or political influencer heralds the usage of and pro adoption of cryptocurrencies, the average Joe will continue to be dependent upon the fiat currencies and will never give cryptocurrencies like Bitcoin a fair shot.

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January 19, 2020, 02:13:21 PM
 #59

Your idea is good but I think it is only beneficial for people who have no idea about Bitcoin.

Wait, what???

How come it is beneficial if they don't know about how bitcoin works, don't you think that it is so unfortunate for them, because clearly, they are wasting their profits without them knowing, we should feel bad for them. It will only become beneficial for them if they will do it the opposite way of what they do, instead of spending it to random things, like foods, they will save it and wait 'till they could sell it in a high price then cash it out, and then buy whatever they want.
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January 19, 2020, 02:54:11 PM
 #60

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Good idea.
Values  like "very attractive" things, I guess.
Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons:  sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc
it's a pretty nice idea if this is done in a larger scale, creating the impression that bitcoin is that big already and it also encourages them to use and think of bitcoin as a currency and not as a get rich scheme. In that way, people will at least have more trust in cryptocurrencies and not pull-out at the sight of a single dump. Hopefully this idea is executed by those who have bitcoin to spend with them.
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January 19, 2020, 03:53:35 PM
 #61

Nah I don't think so it's not easy as people think, in several parts of the world bitcoin is being banned as a means of payment due to the government's regulation. On the other hand, if you ask those who don't know about bitcoin in the first place it might be hard though, moreover, bitcoin has so many competitors and that makes bitcoin not easily to be accepted as a payment method.
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January 19, 2020, 05:34:33 PM
 #62

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Good idea.
Values  like "very attractive" things, I guess.
Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons:  sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc
it's a pretty nice idea if this is done in a larger scale, creating the impression that bitcoin is that big already and it also encourages them to use and think of bitcoin as a currency and not as a get rich scheme. In that way, people will at least have more trust in cryptocurrencies and not pull-out at the sight of a single dump. Hopefully this idea is executed by those who have bitcoin to spend with them.
Amazon is the biggest online brand that offers variety of products, it accepts cryptocurrency as the method of payment. In the modern era, everyone is so busy and people prefer online shopping than going themselves to the shops and buying the things. You can share your experience of buying online stuffs from this site using cryptocurrency this will promote Bitcoin and crypto market.
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January 20, 2020, 10:42:15 AM
 #63

Most of their reactions are usually shocked.

Even with the receipt to show them, they just cannot believe it.
There might be something good in it in the future.
Here will be the case after you tell them the story of buying something thru bitcoin.
1. They might research bitcoin and dig deep.
2. They will buy also just to try it out.
3. They will also tell it to their friends for a good story. Something to shock another friend and look at their faces with a WOW.

It will be passed on.

It will be good if it's just easy like that, but others are too suspicious that they tent to tailored negative news especially those who don't understand it and not able to buy at lower price then their investment is not getting profit. Though to those who are finding new innovation and convenient way in paying, telling how easy we are able to pay, or simply paying to someone who didn't know it yet will work to spread adoption.

Yeah, I know some of us here just don't want to talk about bitcoin to others. Security and privacy purposes.
But when you are an average guy whose salary is just enough and can still make a way to buy this kind of technology then it is something to boast to friends. Specially when there is liquor on the table.  Grin

The discussion will get deeper and I see that they still remember it after all the drunk conversation.  Grin
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January 20, 2020, 10:59:11 AM
 #64

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
That can be a strategic way on how you can make people aware of bitcoin's existence but still you should find more effective way on dessiminating knowledge about it. You should find a proof like a receipt or anything that proves that you bought it with bitcoin so that they would believe and start patronizing bitcoin afterwards. Make sure you tell them the some basics about it before making them start investing on bitcoin.
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January 20, 2020, 04:30:51 PM
 #65

It is just like telling people that you can buy stuff online/anywhere using debit and credit card, although you can persuade them by telling them that you whatever or how much you're hodling is gonna be always there. There ain't no maintaining fees that could cause closure of your account because there is no such thing as an account in Bitcoin, unless you're using an online wallet which is highly discourage especially for the means of "hodling" . There ain't no strict requirements. Just you, your money and your device (whether it'd be mobile or desktop). This would, however, just increase the chance of persuading people to invest in Bitcoin, and not just merely being aware of it.
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January 20, 2020, 04:59:46 PM
 #66

I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online.
There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are:

My PC was my biggest purchase Smiley fully bought all the parts and payed with Bitcoin
Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well.
Different games for my pc.

I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin.
 
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January 21, 2020, 03:16:59 AM
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Yeah buying with bitcoin online is good people will be more aware and physical shops also they should start using it. If they use both the ways online and offline people will be soon aware of Bitcoin. And even ATMs also to be installed in all the countries.

But in my country Bitcoin is not acceptable. Hope in  coming years Bitcoin will be legalized and will accept bitcoin  all over the world.

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January 21, 2020, 05:01:25 AM
 #68

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

Good idea.
Values  like "very attractive" things, I guess.
Well, people need to have strong reasons to use Bitcoin/crypto. I think these need to be part of the reasons:  sound/safe money, better security, gives you control over your money, transparency, better marketplace/stores, decentralized insurances, etc
it's a pretty nice idea if this is done in a larger scale, creating the impression that bitcoin is that big already and it also encourages them to use and think of bitcoin as a currency and not as a get rich scheme. In that way, people will at least have more trust in cryptocurrencies and not pull-out at the sight of a single dump. Hopefully this idea is executed by those who have bitcoin to spend with them.
Amazon is the biggest online brand that offers variety of products, it accepts cryptocurrency as the method of payment. In the modern era, everyone is so busy and people prefer online shopping than going themselves to the shops and buying the things. You can share your experience of buying online stuffs from this site using cryptocurrency this will promote Bitcoin and crypto market.
If the e-commerce will focus on accepting new payment system which is the bitcoin then it can create awareness to its customer. The e-commerce business is now business booming and its customers deserve faster payment system. Online shopping is more popular than before because customers can now easily buy the things that they want even if they are in home. The only problem is the poor transaction that cause by the poor payment system.

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January 21, 2020, 08:13:58 AM
 #69

I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online.
There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are:

My PC was my biggest purchase Smiley fully bought all the parts and payed with Bitcoin
Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well.
Different games for my pc.

I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin.
 
Well, sometimes everyone wants to use bitcoin, even some people have done business with it. it's just that, some stores like Steam close payments via bitcoin because the price is very unstable. however, I also want to spend this bitcoin and want to introduce it, it's just forbidden. so I only advertise it from places that I can reach.
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January 21, 2020, 12:25:54 PM
 #70

I literally disagree with you in all the ways. Firstly,  Bitcoin has a positive impact in many domains even  online shops, so most of people are turning to Bitcoin as a solution to avoid  the high value of fees in FIAT.
In fact, we are supposed to spread the positive characteristics of Bitcoin and not the negative. I expect that BTC or cryptocurrencies in general will replace FIAT but after a long time. It depends on how the next events will affect ( after  launching the Libra coin for example ) I would guess.
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January 21, 2020, 12:38:06 PM
 #71

Even without much of awareness bitcoin is much known by the people around the globe through the word of mouth spreading. The progress of bitcoin as a currency can be understood by the increase in the number of stores accepting bitcoin. Whenever a product or service is being bought with bitcoin or cryptocurrency surely it helps a little in the promotion of the same. So every user can also take initiative to spend bitcoin on buying goods.

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January 21, 2020, 04:55:06 PM
 #72

if many people know I can buy things with bitcoin, of course there will be special attention to it, so that it can make bitcoin more popular among the people. but in my country, bitcoin cannot be used as a transaction tool so when buying any item that uses bitcoin, it must first be exchanged for the currency that I use

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January 21, 2020, 05:22:50 PM
 #73

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

How this is going to work? Nowadays Bitcoin is used less as a currency or mode of payment, and used more as a speculative investment asset. How we can encourage people to spend their Bitcoins, when we ourselves are expecting that BTC will reach $100,000 or $250,000 within the next few years? Spending our coins means that we are expecting Bitcoin to go down in the market.
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January 21, 2020, 07:51:52 PM
 #74

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
That’s not really necessary. When I talk to people about cryptocurrency almost everyone already knows about it and telling them that you purchased with Bitcoin is not going to make them interested in it. Those that even developed interest in Bitcoin didn’t do so because they heard that they can use it to purchase from stores, they only decided to buy Bitcoin because they saw the possibility of making profit from it.

Bitcoin is volatile, so how exactly do you except them to be funding their wallet without plans of making profit in return?
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January 21, 2020, 08:23:26 PM
 #75

If you tell people that you bought stuff on the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?
I don't know, sorry I don't agree with this idea.  for now, the high price volatility of Btc makes it less effective as a price benchmark for products and services.  Remember the history of Pizza Day?  imagine how much pizza you get today if you use BTC when it is used to buy a pizza at that time?  so, maybe showing a good investment or trading portfolio development can provide a more effective one.

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January 22, 2020, 06:05:49 AM
 #76

If you tell people that you bought stuff in the internet or even in a shop with Bitcoin, people will become aware of Bitcoin, more so if the stuff that you are showing them have value when you bought it with fiat money, what do you think about this?

It will have an impact to the one's who are also interested in spending bitcoin in online shops. Actually, if people will be aware that bitcoin is volatile, they will not spend it buying some stuffs. Thus, will just make it as a store value just like others are usually doing. But on the other hand, yes. People who do not know that such bitcoin exists will becone interested and aware on how to probably use it as digital payments.
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January 22, 2020, 12:18:48 PM
 #77

I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online.
There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are:

My PC was my biggest purchase Smiley fully bought all the parts and payed with Bitcoin
Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well.
Different games for my pc.

I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin.
 
Well, sometimes everyone wants to use bitcoin, even some people have done business with it. it's just that, some stores like Steam close payments via bitcoin because the price is very unstable. however, I also want to spend this bitcoin and want to introduce it, it's just forbidden. so I only advertise it from places that I can reach.
You can use various platforms for its advertisements. Start from introducing it to your family and friend. If you are doing a job you can share the idea with your work partners. Different social media platforms that you are using you can daily advertise from there also. Beside that you can give someone the idea of investing through this market if he is planning to enter in business.
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January 22, 2020, 05:45:45 PM
 #78

I think buying actual goods with Bitcoin is a good way for people to see Bitcoin works and is a good way to earn and spend money online.
There are a lot of online stores that sell for Bitcoin now, and I bought many things with Bitcoin already, a few examples are:

My PC was my biggest purchase Smiley fully bought all the parts and payed with Bitcoin
Weed on the Darkweb once with Bitcoin to test it out, was pretty good and went well.
Different games for my pc.

I think Bitcoin is pretty valuable and it is dumb if you dont increase your stack again after you buy something with Bitcoin.
 
Well, sometimes everyone wants to use bitcoin, even some people have done business with it. it's just that, some stores like Steam close payments via bitcoin because the price is very unstable. however, I also want to spend this bitcoin and want to introduce it, it's just forbidden. so I only advertise it from places that I can reach.
You can use various platforms for its advertisements. Start from introducing it to your family and friend. If you are doing a job you can share the idea with your work partners. Different social media platforms that you are using you can daily advertise from there also. Beside that you can give someone the idea of investing through this market if he is planning to enter in business.
Whenever you go for buying something even at your local stores and you find out that this method of payment is accepted there, share the idea with others. This is the best alternative of all fiat currencies, no need to carry paper currency with you. Due to its lack of awareness in many places it Is not widely introduced in small local stores but you can give them the idea of its implementation. Wherever you find this ease share it among your fellows.

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January 23, 2020, 03:13:43 AM
 #79

I would disagree with your statement because to hear about BTC and to know something specific about it is a big difference. If there is any truth in research that shows that less than 1% of the world's population owns/trades with crypto, we are still far from saying that most are familiar what is actually BTC.
Maybe it's quite different from what I intended to say, but most of the people are quite skeptical about what BTC can do, and just hearing about them with negative comments are having an impact. I do know that some of the people are not yet utilizing it, and we are just only a few in the world, right?

I personally bought a lot of things with BTC (TVs, smartphones, various gadgets), but I don't think it helped others to become aware of BTC.
It's weird to actually influence people with Bitcoin to buy stuff but not telling them how you obtained it in the first place unless you bought it early. Maybe at the point where you bought a lot of BTC as you said in the earlier time, it would amaze them, but now it's a risk to do. I have shared some things with other people that my gadgets were paid using BTC, and they are skeptical. That's just the reality we are in now.

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January 23, 2020, 10:26:56 AM
 #80

Yeah buying with bitcoin online is good people will be more aware and physical shops also they should start using it. If they use both the ways online and offline people will be soon aware of Bitcoin. And even ATMs also to be installed in all the countries.

But in my country Bitcoin is not acceptable. Hope in  coming years Bitcoin will be legalized and will accept bitcoin  all over the world.

I also really hope that it will be something we are waiting for / good news, that all online and offline stores can accept payments using digital currencies such as bitcoin or other cryptocurrency, to make it easier for their consumers.

Even though it is not easy to carry out with the licensing of buying and selling bitcoin for all people, surely in the coming years every country will be forced to legalize digital currency, with the progress of the digital era, we can see many companies that have used Blockchain Technology and without us knowing they entered slowly in each country, so it will not be punished again that in the future they will do that, in order to facilitate the country for their economic affairs ...

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January 29, 2020, 05:24:51 PM
 #81

I always show people the things I bought with bitcoin. I can't wait to buy an entire car with bitcoin. How did you feel making your first transactions and what did you buy? Tell us more.

I love to shop at blind with crypto. It's so easy and quick. No problems with payments ever.

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