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Author Topic: When will people feel comfortable using BTC ?  (Read 12175 times)
Rauxanhinu
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September 14, 2018, 10:00:07 AM
 #821

This is something which entirely depends on the person himself like the way he takes the things and that he knows about the crypto currencies and the way they work. If you have enough of the information regarding the crypto coins which can help you in having a better understanding of the entire concept, then this will not only encourage you to invest more but this will also help you in making lot more money.
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September 14, 2018, 10:09:35 AM
 #822

I think the main issue why people still won't use Bitcoin on a permanent basis is its high volatility and relatively high transfer fees. Solving these problems will greatly accelerate this process.
wingsthegreat21
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September 14, 2018, 10:39:32 AM
 #823

Most probably if the conversion of cryptocurrencies reach its maximum limit there's a possibility that people will definitely use it without thinking too much.
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September 14, 2018, 11:03:10 AM
 #824

Most probably if the conversion of cryptocurrencies reach its maximum limit there's a possibility that people will definitely use it without thinking too much.

Do you thing there will be a maximum limit for it? I believe bitcoin will continue to grow and the price will continue to rise and people will never fell comfortable using it.
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September 14, 2018, 11:13:09 AM
 #825

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 level of comfort will come from the situation of the market. If the value of Bitcoin will become a little more stable and also more transactions will begin to surface, I think that that will convince people that it's time to stop holding onto those coins to rot and let them go to help the circulation have some activity and life. Also, if you are asking about it generally, I think that it can happen only if more and more people would find the cryptocurrency market as a good market and stable one to be in instead of thinking that it's a market that is filled with risks and dangers that could affect their investments on the negative. It's all about its image, I think.

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September 14, 2018, 11:29:00 AM
 #826

of course people will feel comfortable using bitcoin if the government supports and does not prohibit the use of bitcoin so we can use it everywhere and easy to use
alexsandria
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September 14, 2018, 11:43:26 AM
 #827

of course people will feel comfortable using bitcoin if the government supports and does not prohibit the use of bitcoin so we can use it everywhere and easy to use
All people in this world willl definitely feel comfortable using bitcoin when the markets will recover more faster and off course when a lot of countries are now accepting bitcoin for sure many people will not panic anymore.

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September 14, 2018, 12:02:46 PM
 #828

of course people will feel comfortable using bitcoin if the government supports and does not prohibit the use of bitcoin so we can use it everywhere and easy to use
All people in this world willl definitely feel comfortable using bitcoin when the markets will recover more faster and off course when a lot of countries are now accepting bitcoin for sure many people will not panic anymore.

But can we avoid whales to manipulate the market price? I think we cannot stop it and we cannot avoid others to panic once price drops again drastically because of manipulations.
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September 14, 2018, 01:34:43 PM
 #829

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 feel comfortable if I earn money here on bitcoin. If I earn here on bitcoin I treat my self also my family. I feel comfortable because I know I have a money. Also if the government support the bitcoin and the demand of bitcoin here on my country rise.
missyqt29
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September 14, 2018, 01:54:02 PM
 #830

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 feel comfortable if I earn more money here on bitcoin. Also if the government allow the bitcoin in our country and the government allow the bitcoin to include on the academics on all college school because the bitcoin can help our economy to grow.
preikaler
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September 14, 2018, 02:20:50 PM
 #831

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 feel comfortable if I earn more money here on bitcoin. Also if the government allow the bitcoin in our country and the government allow the bitcoin to include on the academics on all college school because the bitcoin can help our economy to grow.

right, hope this idea is also to increase the prestige of bitcoin to all levels of society tap if everyone starts using bitcoin then bitcoin will regain its glory as in the past year

Best Dreams
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September 15, 2018, 10:00:34 AM
 #832

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 feel comfortable if I earn more money here on bitcoin. Also if the government allow the bitcoin in our country and the government allow the bitcoin to include on the academics on all college school because the bitcoin can help our economy to grow.
It will be great power of bitcoin if our government will allow us to use bitcoin like this, it is now digital age where all of us are in need of such developments, we should invest the more we have and get to use bitcoin for all kind of good that we can buy through bitcoin, in my country people are now living peaceful life because they have got the chance of earning and learning while using bitcoin, it is so easy and reliable to use bitcoin.
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September 15, 2018, 12:54:44 PM
 #833

People will comfortable using bitcoin when it is supported by the government of their own country. When they can say without hesitation that it is legal. And when everyone or majority of the population is using bitcoin
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September 15, 2018, 01:36:43 PM
 #834

people will feel comfortable using bitcoin if there are many countries that legalize bitcoin, for now many people don't use bitcoin because the country's policy prohibits the use of bitcoin, currently only a few countries legalize bitcoin
lelylely
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September 15, 2018, 01:47:14 PM
 #835

People will feel comfortable if bitcoin can be used as a payment tool, and many stores accept bitcoin. A sense of comfort will occur and be felt for bitcoin holders if the government has legalized bitcoin.

jojo223
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September 15, 2018, 02:13:43 PM
 #836

when they have a sufficient number of bits and it will be expensive
Agapelove
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September 15, 2018, 02:18:47 PM
 #837

Only if bitcoin is well secured and very stable in its value, this is one way to make people use bitcoin. Without security, bitcoin is always a very risky investment and asset. You always think of how and where should you store them.
pragna
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September 15, 2018, 02:52:37 PM
 #838

I think it will take more time to enjoy people BTC in everywhere. Yet Maximum country in the world are not using BTC sho how we can think when will freely use BTC. Most of the country in the world are in hasitation of using BTC that it will misuse by his people. So i think so many experiment are need to use comfortable btc.
Fortress12345
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September 15, 2018, 02:56:37 PM
 #839

If people know whats good in bitcoin, if they know how to use and secure their bitcoin they will be comfortable in using it, because all people want a safe investment and safe wallet for their money. And more if bitcoin price is high i know they will be more comfortable in using bitcoin.
I agree with you. If the people know the advantages of using bitcoin they will be comfortable using it. And also if they put their trust on bitcoin and do not be affected by the people who are saying bad things about it like it was a scam or Ponzi scheme and etc. It was more comfortable if the government accept it too and never regulate it.

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September 15, 2018, 02:57:50 PM
 #840

I think that it will become possible when his volatility decreases. And the course will become more predictable.

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