Would u pay in bitcoin?

[polynesia]

Certainly, if I were to (ahem) want to pay for some sort of adult entertainment on the internet (cam site, porn, etc), then bitcoin would be the way to go. No handing ID info to shady websites. Nothing weird showing up on credit card bills...

Why not use xxxcoin? 
https://coinmarketcap.com/currencies/xxxcoin/

[1714156638]

1714156638

[Mobius]

For someone who is not a computer geek and has not owned bitcoin yet, getting some seems indeed a hassle.  (People recommend signing transactions on a separate computer, not connected to the internet, and then moving the signed TX to the main computer via USB stick. I presume that 99% of mankind would stop reading right there.)

People will adapt. This is exactly the same story which was with first e-mails, smartphones etc. Information will spread. Also, herding behavior is very strong with people, just look at the success of whatsApp  - whose business model is "pay for something you already get for free". They only succeeded thanks to the herd behavior. And the herd day of bitcoin hasn't really come yet.

People using bitcoin right now are like people who used Nokia Communicators or Windows Mobile palmtops. And yeah, it is worth noting that when the smarphone revolution really kicked off, both Nokia and Microsoft missed the train.

I think this will turn out to be very true. Over time people will come up with ideas to make BTC more user friendly and easy to use for people who are not technically inclined (circle possibly). People will also understand bitcoin better then they do today.

[polynesia]

For someone who is not a computer geek and has not owned bitcoin yet, getting some seems indeed a hassle.  (People recommend signing transactions on a separate computer, not connected to the internet, and then moving the signed TX to the main computer via USB stick. I presume that 99% of mankind would stop reading right there.)

People will adapt. This is exactly the same story which was with first e-mails, smartphones etc. Information will spread. Also, herding behavior is very strong with people, just look at the success of whatsApp  - whose business model is "pay for something you already get for free". They only succeeded thanks to the herd behavior. And the herd day of bitcoin hasn't really come yet.

People using bitcoin right now are like people who used Nokia Communicators or Windows Mobile palmtops. And yeah, it is worth noting that when the smarphone revolution really kicked off, both Nokia and Microsoft missed the train.

I think this will turn out to be very true. Over time people will come up with ideas to make BTC more user friendly and easy to use for people who are not technically inclined (circle possibly). People will also understand bitcoin better then they do today.

True. Everybody uses e-mail these days. But how many are bothered about the protocol which makes this possible?

[Traffic4u]

Pay with bitcoin in my country is my dream, i didn't see any merchants accept bitcoin, there is only one online store accept bitcoin in my country. One day if i have a store i will accept bitcoin as payment.

[Este Nuno]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

[ShakyhandsBTCer]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

[giveBTCpls]

Again thats the problem. Most people just hold, in hopes of making more cash. Why would you pay with Bitcoin if you barely have 1 BTC in the first place? If your were getting paid with BTC instead of fiat for your job, then that's something, because BTC wouldn't be such a rare thing to own. But while BTC is mostly achiveable by exchanging it for FIAT first, people don't see the point. It's like paying with a piece of gold instead of paying with something as mundane as FIAT.

[ShakyhandsBTCer]

Again thats the problem. Most people just hold, in hopes of making more cash. Why would you pay with Bitcoin if you barely have 1 BTC in the first place? If your were getting paid with BTC instead of fiat for your job, then that's something, because BTC wouldn't be such a rare thing to own. But while BTC is mostly achiveable by exchanging it for FIAT first, people don't see the point. It's like paying with a piece of gold instead of paying with something as mundane as FIAT.

But it is a visious cycle.

If people don't intend to spend bitcoin, noone will offer it as payment solution. Now if noone offers it as payment solution, it will not grow.

It is a chicken-egg problem and I think the community is doing just fine with spending their bitcoin!

[Este Nuno]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

A real use case example with multiple people expressing interest and not a single person being able to take him up on his offer says a lot.

I'm not trying to make a statistical inference here. The fact that no one was able or willing to google 'buy bitcoin', buy some, and buy the guys bike and save 50% is not an ideal situation is it?

I would love to see a similar experiment repeated on a larger scale to gather more data. But in the mean time his original point of bitcoin not being easy to use for the average Joe holds true, does it not?

[ShakyhandsBTCer]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

A real use case example with multiple people expressing interest and not a single person being able to take him up on his offer says a lot.

I'm not trying to make a statistical inference here. The fact that no one was able or willing to google 'buy bitcoin', buy some, and buy the guys bike and save 50% is not an ideal situation is it?

I would love to see a similar experiment repeated on a larger scale to gather more data. But in the mean time his original point of bitcoin not being easy to use for the average Joe holds true, does it not?

I bet you would be more successful offering a 10% discount than 50%.

If you first hear about bitcoin and someone offers you a 50% discount out of the blue, wouldn't you be skeptical? Like: what is his angle, what does he gain by that?

Many shops that offered BTC with discount had many inquiries from Bitcoin newbs. There is interest there, but not on a random craigslist site...

[Este Nuno]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

A real use case example with multiple people expressing interest and not a single person being able to take him up on his offer says a lot.

I'm not trying to make a statistical inference here. The fact that no one was able or willing to google 'buy bitcoin', buy some, and buy the guys bike and save 50% is not an ideal situation is it?

I would love to see a similar experiment repeated on a larger scale to gather more data. But in the mean time his original point of bitcoin not being easy to use for the average Joe holds true, does it not?

I bet you would be more successful offering a 10% discount than 50%.

If you first hear about bitcoin and someone offers you a 50% discount out of the blue, wouldn't you be skeptical? Like: what is his angle, what does he gain by that?

Many shops that offered BTC with discount had many inquiries from Bitcoin newbs. There is interest there, but not on a random craigslist site...

The interest might be there, and it seemed to be with the bicycle sale since he said everyone was asking about it. But it's still not easy to buy and use for average people unfortunately.

[ShakyhandsBTCer]

Even if that holds true, this is changing everyday. I don't know when you started getting into bitcoin, but basically years ago it  was 100 times harder to get btc.

[Mobius]

Or are you considering international purchases? 

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

A real use case example with multiple people expressing interest and not a single person being able to take him up on his offer says a lot.

I'm not trying to make a statistical inference here. The fact that no one was able or willing to google 'buy bitcoin', buy some, and buy the guys bike and save 50% is not an ideal situation is it?

I would love to see a similar experiment repeated on a larger scale to gather more data. But in the mean time his original point of bitcoin not being easy to use for the average Joe holds true, does it not?

I think an offer for a 50% discount would likely be some kind of a scam because the costs associated with accepting other types of payments are not going to be that big, especially with selling a bike. The amount of the discount should always be less expensive then accepting non-BTC payments as the consumer and the merchant would share the cost savings.

[robhimself]

I've actually overpaid for some items from Overstock.com just to thank them for accepting Bitcoin as payment. I think that having major retailers such as Overstock accepting Bitcoin is a huge part of what will make Bitcoin successful.

[Este Nuno]

Even if that holds true, this is changing everyday. I don't know when you started getting into bitcoin, but basically years ago it  was 100 times harder to get btc.

The biggest improvement in my opinion has been localbitcoins. Gox was the orginial "easy" way to get BTC and for people into Bitcoin it was good compared to p2p paypal or cash in the mail. But hopefully things continue to get better as time goes on.

[Daniel91]

Yes, I would.
If everybody just hold bitcoin and never spend, why merchants or anybody would want to offer bitcoin as payment option?
Of course, I will spend my Bitcoin wisely, and try to save something for the future

[ShakyhandsBTCer]

Even if that holds true, this is changing everyday. I don't know when you started getting into bitcoin, but basically years ago it  was 100 times harder to get btc.

The biggest improvement in my opinion has been localbitcoins. Gox was the orginial "easy" way to get BTC and for people into Bitcoin it was good compared to p2p paypal or cash in the mail. But hopefully things continue to get better as time goes on.

I don't think localbitcoins is particular easy to use.

Companies like coinbase and circle will be the real improvement.

[bitkilo]

Or are you considering international purchases?  

My OP was made because i was selling a bike on gumtree for $150 i think but also said half price if paying in bitcoin just to see what interest i got from it, not one person wanted to pay in bitcoin but everybody asked "what is it"? Some researched it and came back saying it just looked to hard for them to bother with. I know its not that easy to begin with and it made me think with all the money being put in to bitcoin why is it still not easy for the average joe?

Wow. I'm actually surprised no one took you up on that offer in order to save $75.

That really speaks volumes about the state of Bitcoin usability.

"speaks volumes" really? Do you know the term samplesize?

A real use case example with multiple people expressing interest and not a single person being able to take him up on his offer says a lot.

I'm not trying to make a statistical inference here. The fact that no one was able or willing to google 'buy bitcoin', buy some, and buy the guys bike and save 50% is not an ideal situation is it?

I would love to see a similar experiment repeated on a larger scale to gather more data. But in the mean time his original point of bitcoin not being easy to use for the average Joe holds true, does it not?

I think an offer for a 50% discount would likely be some kind of a scam because the costs associated with accepting other types of payments are not going to be that big, especially with selling a bike. The amount of the discount should always be less expensive then accepting non-BTC payments as the consumer and the merchant would share the cost savings.

Nah man not a scam just an old good bike i had that i didnt use anymore and thought it would be a good experiment to see if i could sell it for bitcoin. Same bike was selling on net for around $200 so i didnt think id have any trouble selling. It sure was an eye opener that most people dont know about btc and if they do then they dont want to give up their fiat.

[Cluster2k]

I would only pay in bitcoin if the price was lower than paying in my local currency (dollars).  This would apply for all purchases with the only exceptions being something I wouldn't want to appear on a bank statement, like porn and gambling.

[devonne]

i can eventually pay in bitcoin but it depend on the price