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Author Topic: When will people feel comfortable using BTC ?  (Read 12174 times)
MarieMoore12
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August 04, 2018, 08:50:31 AM
 #521

I feel when I own a lot of bitcoins, and when the value of it is higher than $ 10,000, I will sell all of the bitcoin I own so that I can buy myself and my family things. necessary. I will extract some money to go to charity for the center. When it was time for me to feel comfortable using the bitcoin I owned.
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August 05, 2018, 11:23:53 AM
 #522

of course all users will be more comfortable using bitcoin if all countries immediately legalize this crypto currency, even though it will be taxed for bitcoin users

People will feel comfortable using crypto when they have enough knowledge in manipulating it, And most especially if the government recognize bitcoin and provide proper rules and regulation that can avoid hackers to easily penetrate by government advance technology. And with this government will get earn by means of putting tax bitcoin business in a lawful way.

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August 05, 2018, 11:35:20 AM
 #523

People will feel comfortable using btc when government and other countries recognize it. And when the bitcoin value or the market is stable and of theres no more scammers.
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August 05, 2018, 12:12:45 PM
 #524

Make bitcoin more stable with that Bitcoin will be used as currency. For now I don't think most people seeing Bitcoin as currency, they just seeing Bitcoin as a gold. Doing transaction when Bitcoin can go low or high just make people thinks twice when they want do transaction.
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August 05, 2018, 12:24:30 PM
 #525

when the government legalizes bitcoin there will be convenience in investing. so that more people will mine and use bitcoin in large amounts so that someday bitcoin will be recognized as a legitimate payment instrument recognized by the state so that everyone will feel comfortable when using bitcoin
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August 05, 2018, 12:26:55 PM
 #526

When someone have a lots of money from bitcoin Smiley
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August 05, 2018, 12:35:42 PM
 #527

Personaly I don't have such problem, I feel comfortable using Bitcoin.
But that depends very much on the environment and information that people are having about Bitcoin. Some still think that Bitcoin is illegal and used for money laundering and dark markets.
Something that could help with that is better education and promotion but also regulation so that people know that they are backed up.

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August 05, 2018, 12:39:48 PM
 #528

Like other said , i feel comfortable too using this coin . I think the others are afraid because the price is going down but if you see the important of using of this many people want this. For me its makes my life easier and i want more bitcoin to hold and profit in trading.

normanz
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August 05, 2018, 12:48:50 PM
 #529

People will feel comfortable with bitcoin if bitcoin can be of high value, and many stores accept bitcoin as a method of payment.

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August 05, 2018, 01:27:00 PM
 #530

I guess, the only way to make all people feel comfortable here in crypto world is by declaring it as a legal kind of investments. It can also give more motivations to work hard in earning crypto coins. Although, there will be a lot of changes will be happening here if this will be implemented, at least all people will be satisfied on it.
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August 05, 2018, 01:30:09 PM
 #531

At the point when cost of bitcoin stablises and holders of bitcoin don't anticipate that bitcoin cost will rise significantly further, individuals will begin spending bitcoin as a cash. Until at that point, individuals are simply going to clutch them. For what reason should anybody spend any bitcoin now when he knows they will be worth more in a couple of months.
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August 05, 2018, 01:39:41 PM
 #532

I think this can happen only when all (or at least many) countries will accept it. Following the example of Australia.
Every person want to use it in peace i  believe one day all start accepting bitcoins and government support it.

People wants to use cryptocurrency in order to become wealthy because it was the easiest way to earn more income monthly and that is the reason why cryptocurrency is very popular today.

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August 05, 2018, 02:11:50 PM
 #533

I believe the answer to your question would be when the big supermarkets accept some form of btc for their goods.

Yes when more firms accept btc. When salaries are made through btc and this can be usable as payments.
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August 05, 2018, 02:11:59 PM
 #534

I will happen When bitcoin payment method will be use like visa and MasterCard today, When bitcoin payment system will be available for online shopping and stores worldwide.When salaries will be made through btc.
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August 05, 2018, 02:22:51 PM
 #535

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.

Timw prediction is quite hard to tell because no one can say when. But in my perspective there are a lot of people now that are accepting bitcoins so i think it will just take a few years more for the people to fully accept bitcoins. But also I am not saying that all people qill accept we all know all of us have free will and they can alqays oppose if they dont want but maybe 5 years majority will feel comfortable
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August 05, 2018, 03:20:34 PM
 #536

I can't say that it will happen soon but if someone have the power to teach people or to try to understand bitcoin to people well I guess that is the turning point of bitcoin. Cause many of the people right now are using bitcoin to scam other people that's why the image of bitcoin getting ugly. We just have to wait for the right moment.
Leanna44
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August 05, 2018, 04:13:00 PM
 #537

Yes for we may feel comfortable if bitcoin can easily be used as payments in all establishment and witdraw from any kinds of token value to instant money in a bitcoin atm machines? But i think it is not impossible for more years to come if many were still supports and invest bitcoins but not the hackers will overpass to bad doings.
KrisAlex18
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August 05, 2018, 04:17:32 PM
 #538

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
We all know that bitcoin was banned already by many countries in the world right now so it would really take a long time before bitcoin regains its composure and people feel comfortable using it all again. We should just be patient and trust bitcoin up until the future so that we can all gain much benefit from it and at the same time, make the world a better place.
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August 05, 2018, 04:19:18 PM
 #539

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.
It is very hard to predict bitcoin's future knowing that there's a lot of changes going each and everyday. If we will continue to support it and spread the news to many, it may help people be comfortable with the use of it. Maybe if they see us getting used to it, they will also be attracted an try it out to see if it is really a good thing after all.

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August 05, 2018, 04:40:14 PM
 #540

When will people spend BTC as easily as fiat , not seeing it as an investment opportunity but a better currency for them to use ? Most of my friends that I have currently told about Bitcoin are most intrigued by its rapid rate of growth and not its outstanding features as a currency. They don't really care that it is free from government control , but are more focused on the fact that it has risen xy%

I don't really spend much of my Bitcoin , because I am always in fear.
I am not talking about cashing out , but for digital goods.

How do you spend 10 mBTC on a 5$ digital good when you believe that the same 10mBTC is worth atleast 15$ , probably more.
How much of your Bitcoin have you hoarded , and how much have you really spent ?
I am under the impression that people tend to hoard more with BTC than with fiat , considering it an investment more than a currency

I don't know how to make a poll here , so :- http://strawpoll.me/1793917
This is not referring to your blockchain.info statistic , which includes money you have moved around. I am looking at money you have truly spent vs total amount of BTC you have received.

Overall , I'm trying to look at how much my guess is true by the poll and your estimates of when majority of people will start looking at BTC as a currency.

EDIT : I'm not sure this is the right section , tell me if this should go in General Discussion or so.


I think that is the time when the value is so high and the market is stable but I thjnk there are still lots of things to consider before such thing happens. As for me, it isn't bad to wish for what makes us comfortable but we better get out of our comfort zone for us to learn how to deal with the changes here in the market.

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