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Author Topic: When will people feel comfortable using BTC ?  (Read 12185 times)
cahbagus555
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August 21, 2018, 12:50:22 PM
 #721

I think people are more comportable in using bitcoin if all countries accept bitcoin as form of payments and if bitcoin will legalize worldwide.

Indeed, most country in the world still not give regulation for bitcoin or cryptocurrency. Many merchant afraid accepting bitcoin or crypto because merchant afraid breaking the law. Its need more time for crypto community if want to use crypto in the world but in several advance country, bitcoin can use as payment
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August 21, 2018, 01:11:58 PM
 #722

People will see bitcoin when they are not afraid of anything bitcoin they hold. For example, they are protected by a secure and secure network for their accounts. They will feel comfortable using bitcoin
tamradhwaj
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August 21, 2018, 01:33:00 PM
 #723

i thinnk after  government  making it legal and govt have to develop crypto  friendly market environment and banking willing to facilitate by providing ATM bitcoin machines connected to their bank  people will comfortable using BTC.
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August 21, 2018, 03:04:28 PM
 #724

The volume of crypto money is not as high as you might think. for this reason investors are afraid. BTC is still seen as a company to invest in, not as a currency to use. I think we have a lot of ways to go.
Hobo66
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August 26, 2018, 03:51:33 PM
 #725

There needs to be a lot of improvement for that to happen. First thing is that volatility in prices should stop.
Yes that is true but I think that it is also too much important that bitcoin should become too much common, people must have more opportunity to use bitcoin everywhere and for everything they want and I think that then they will surely feel more confident while thinking about to use bitcoin.

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August 26, 2018, 09:07:13 PM
 #726

When Bitcoin become an accepted digital currency globally and the world bank legalizing it as a currency that can be use as a mean of transaction then everyon will feel comfortable to use it, I feel there might be a a regulation in the cryptocurrency space befor this can be achieve.
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August 26, 2018, 10:18:37 PM
 #727

When many countries and government make bitcoin as safe as ever. And it is widely acceptable around the world. I think if that time comes. People will embrace the use of bitcoin like fiat.

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crazymelons12
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August 26, 2018, 10:52:57 PM
 #728

Comfort may mean a lot to the people who uses bitcoin. Comfort in the sense that they could work easily with it because the government is not regulating it or banning it is one. Another thing is that people should have to learn that bitcoin is safe even with all those reports of hacked accounts for as long as they follow the safe procedures in accessing their accounts. Comfort in the sense that bitcoin will be used by all people and that volatility will be no more because of actual worldwide usage then people will feel comfortable using it. These are just a few reasons why people are a bit hesistant to use it but even if only these few reasons are eradicated it would surely create a good market for bitcoin.
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August 27, 2018, 05:08:33 AM
 #729

I think they will feel comfortable when using bitcoin when bitcoin already has clear regulations and when the conditions of bitcoin prices are stable.
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August 27, 2018, 05:39:02 AM
 #730

we all know what is bitcoin. BTC using all of county without some country. Btc use too easily though you know how to use it. many people btc use for trade get more profit. bitcoin is the head of cryptocurrency. btc invest on cryto market they would be some risk but have to needs patient for profit.
GREATLOVE
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August 27, 2018, 06:29:38 AM
 #731

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.
When will people feel comfortable using Bitcoin. When the bitcoin will be accepted in the whole world .
onrise
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August 27, 2018, 06:44:20 AM
 #732

I think people are more comportable in using bitcoin if all countries accept bitcoin as form of payments and if bitcoin will legalize worldwide.

It is the government onus to make it leaglize so that people can use it in their daily life and businesses can start accepting it for their payment method . Today as many country are undecided people are still confused about it as what will be the result .

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Manyak
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August 27, 2018, 06:52:04 AM
 #733

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.
When will people feel comfortable using bitcoin? For me when the price of the bitcoin will increase .the the bitcoin will be accepted in all nations .
Ekimzjames20
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August 27, 2018, 07:18:34 AM
 #734

When EVERYTHING is paying paid with BTC, and when it gains more trust and when you see BTC ATM machines in streets.

Some big companies in other countries have already accept bitcoin but in my country it is not already accepted. So i think people feel comportable when it is already accepted in many big malls and the price was stable.
royalfestus
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August 27, 2018, 07:28:02 AM
 #735

For the time of the year the comfort-ability has lied on the volatility of the coin. for those who invested at the peak and had seen it slide this low, they struggle to take their investment and also lost confidence in putting more funds. It looks more difficult to predict the movement of the coin, we only try to know where threshold is held. With the feature of volatility of crypto coin, the comfort in the business may not come. The ETF proposal success can improve confidence of investors to a certain level but the space had thrived without it in the past years with over 9 ETF proposal failure.

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embargo
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August 27, 2018, 08:03:06 AM
 #736

People will feel comfortable when in their purse bitcoin will have enough money to not worry every day with the question of where to get the money. And that it was completely anonymous. Then there will be a quiet life, comfortable, with bitcoin.
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August 27, 2018, 08:28:21 AM
 #737

people will really feel comfortable with bitcoin if bitcoin can provide a lot of profit and all places can accept bitcoin so we will be easier to use it and the price of bitcoin will continue to rise
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August 27, 2018, 08:34:40 AM
 #738

I think people will feel comfortable with bitcoin if bitcoin prices do not fluctuate, and there are other problems like in Indonesia, the government still prohibits cryptocurrency from being used as a payment instrument.
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August 27, 2018, 08:45:17 AM
 #739

I think,people will only feel comportable using bitcoin if it's already legalized and accepts bitcoin as a form of payments and if they don't ban bitcoin,if this happen I guess more people will embrace and use bitcoin.

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August 27, 2018, 08:50:17 AM
 #740

When Bitcoin become an accepted digital currency globally and the world bank legalizing it as a currency that can be use as a mean of transaction then everyon will feel comfortable to use it, I feel there might be a a regulation in the cryptocurrency space befor this can be achieve.
For me personally, It will be comfortable to people using BTC when the government has its control to it so that it will be legalize. In that way hackers and scammers will hesitate to do bad things because if they do it be easy by the Government to trace them. It will be comfortable also if the people will have enough knowledge about BTC.

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