Still think bitcoin is coming to an end? Then you must read this <3

[Artem Sereda]

It is good to see that any establishments are willing to accept Bitcoin but the question is if people are also wanted to spend their Bitcoin buying stuff.
That is really amazing, yet most of us had considered Bitcoin as an investment which makes me think that people are still preferred to use fiat over Bitcoin. I'm going to say that because, in myself, I can't do it. I can be one of those people who believe Bitcoin as a currency but never use it in real life as I can see more benefits if I use this for investment.

Most prefer to use fiat because it is more common than bitcoin. You can pay with fiat anywhere, but to pay for the same with bitcoin, you need to search well.

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[GideonGono]

It is good to see that any establishments are willing to accept Bitcoin but the question is if people are also wanted to spend their Bitcoin buying stuff.
That is really amazing, yet most of us had considered Bitcoin as an investment which makes me think that people are still preferred to use fiat over Bitcoin. I'm going to say that because, in myself, I can't do it. I can be one of those people who believe Bitcoin as a currency but never use it in real life as I can see more benefits if I use this for investment.

You are not alone, I think most of us think that way.
We might consider or believe that it is a currency, but find it hard to use it as one since there is a chance that we might gain profit by holding it.
I mean who would want to spend something like that, if you know that it could rise up any moment soon.
It is not that we don't see it as a currency we just want to utilize the profit that we could and we could still use Fiat after all so we aren't force or obligated to use it as one.

[so98nn]

It is good to see that any establishments are willing to accept Bitcoin but the question is if people are also wanted to spend their Bitcoin buying stuff.
That is really amazing, yet most of us had considered Bitcoin as an investment which makes me think that people are still preferred to use fiat over Bitcoin. I'm going to say that because, in myself, I can't do it. I can be one of those people who believe Bitcoin as a currency but never use it in real life as I can see more benefits if I use this for investment.

Most prefer to use fiat because it is more common than bitcoin. You can pay with fiat anywhere, but to pay for the same with bitcoin, you need to search well.

Oh come on man, really?
Who said you need to search well to send your bitcoins? I mean we are already having millions of buyer and sellers around the world. Bitcoin has already passed out that barrier where you had to wait for the peer to join so that you can start the buying selling process.

However, we have line of buyers these days. What to say about institutional investors they are always there to buy from you.

Do you really believe that there is wait time ?

[TommieSang]

I'm not worried about a bitcoin bear market. How crazy the bull market is, how lonely it is now. Take periodic breaks, and the market will eventually become lively.

[sulendra12]

Some of the merchants you said have removed Bitcoin as their payment because it's too volatile for example Steam in 2017-2018.
But still it doesn't reflect the fact that Bitcoin is heavily and widely used in different aspects of our life in both physical and virtual world. People that says Bitcoin is dead, they don't know anything about Bitcoin and just manipulate everything to make it real but in the end Bitcoin is always become stronger and stronger for every dump and crash we have experienced.

[famososMuertos]

As others users have highlighted, some of the aforementioned companies or products are not there with bitcoin, but it does not matter, the very fact that they were there is interesting to know or remember.

Now, I think that it is not about who is using bitcoin as a means of payment or in which countries it is legal and even official currency (incredible to write, it is exciting) it is about believing in what Bitcoin means for everyone from us for its qualities, and not based on who uses it, or used it, if as users we transfer that fact, any data like the ones you mention are important references but should never be the norm of trust.

[SquallLeonhart]

Some of the merchants you said have removed Bitcoin as their payment because it's too volatile for example Steam in 2017-2018.
But still it doesn't reflect the fact that Bitcoin is heavily and widely used in different aspects of our life in both physical and virtual world. People that says Bitcoin is dead, they don't know anything about Bitcoin and just manipulate everything to make it real but in the end Bitcoin is always become stronger and stronger for every dump and crash we have experienced.

I feel like removing it makes absolutely no sense to me at all due to volatility, it should have been kept BECAUSE of it, not removed. I know that they may imagine it is a bad thing, but if they kept in 17-18 when it went low, and made that "loss" that means we are talking about 10x or even higher rewards when it comes to 2021.

So, let's imagine they sold games at 15k bitcoin price, and it dropped to 3k, so they would keep the bitcoins and show a loss of 12k per bitcoin, but then when the time comes and they kept it until 21 and they sold at 60k? That would be x4 profit to say the least, they could have sold games at 3k bitcoin price and sold their bitcoins at 68k as well if they hold.

[Vaseline5]

Some of the merchants you said have removed Bitcoin as their payment because it's too volatile for example Steam in 2017-2018.
But still it doesn't reflect the fact that Bitcoin is heavily and widely used in different aspects of our life in both physical and virtual world. People that says Bitcoin is dead, they don't know anything about Bitcoin and just manipulate everything to make it real but in the end Bitcoin is always become stronger and stronger for every dump and crash we have experienced.

Yes, you are right, the market situation of Bitcoin is down now, we are hopeful that the price will go up sometime, now if you want, you can deposit Bitcoin according to your needs.

[Vaculin]

It is good to see that any establishments are willing to accept Bitcoin but the question is if people are also wanted to spend their Bitcoin buying stuff.
That is really amazing, yet most of us had considered Bitcoin as an investment which makes me think that people are still preferred to use fiat over Bitcoin. I'm going to say that because, in myself, I can't do it. I can be one of those people who believe Bitcoin as a currency but never use it in real life as I can see more benefits if I use this for investment.

True. Call me greedy but knowing there are high potentials for bitcoin to give us bigger profits, then I’ll always see it as a good investment rather than a currency. And only spend fiat to purchase goods and services as it has low potentials than bitcoin. And even if bitcoin will be accepted as a global currency, as long as it remains to be a profitable investment too, then I will surely keep it and hold it for long.

[Outhue]

Bitcoin has faced so many times like this before and proved to us that it wouldn't end like other crypto.
Just see how many companies have accepted it I am sure that it would survive and be back on it's glorious time.
It would take time for it to recover all we need to do is continue to support it.

I don't understand why people are so worked up by the fact that the media are pronouncing Bitcoin as dead again, if you have been in the market for sometime now (for atleast two bear market) then you would had understood that this is a regular occurrence whenever there's a bear market. The media sponsored by the government always looks for a way to discourage people from investing in Bitcoin as the more they do, the further they lose control over their citizens and a government without country is powerless.
Don't just invest in any opportunity because everyone is doing so instead study and understand what that opportunity is all about because if you understand how Bitcoin was built and works then you'll be assured of Bitcoin price rising again when we're in the bull market.

You have a point but you have only witnessed bear market twice like you said so how is that a regular occurrence? Have you not think that things won't always be the same? As time goes on and regulation becomes the only thing that keeps standing between Bitcoin and world acceptance what do you think will happen? Big adjustment will be born.