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Walter Rothbard
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October 09, 2014, 07:50:57 PM |
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Maybe if you vote you can get a government program to help ensure Bitcoin accessibility for all.
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Walter Rothbard
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October 09, 2014, 07:51:17 PM |
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If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
I think the real problem is that there is not enough selling of Bitcoin. I'll sell you three Satoshis right now.  |
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Walter Rothbard
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October 09, 2014, 07:54:19 PM |
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Buying Bitcoin should be as easy as buying any currency. I should be able to go the post office and buy it over the counter or order it from a travel agent.
Places like localbitcoins make you feel like you are buying a bitcoin (who buys currency, ever)? Sure you exchange it but buy..
We need employers to start paying in bitcoin.
Sorry if this post makes little sense.
You keep thinking "we." But you keep saying what other people should do. If this is what you feel people should do, then you should employ people and pay them in Bitcoin, and you should run a Bitcoin selling business and sell it over the counter in the way you think it should happen. Or if you want to stick to "we" you can try the voting route. Maybe your government feels obligated to provide for needs that you see. |
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bitcoinbot (OP)
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October 09, 2014, 09:26:36 PM |
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I already have a job. A shit job admittedly but a job nonetheless. My wife wouldn't like if I gave it up and went on a bitcoin crusade.
Sorry, I need to edit this post and LOL to my government giving a toss about Bitcoin,
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BIGbangTheory
Member
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Activity: 83
Merit: 10
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October 09, 2014, 11:43:20 PM |
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Buying Bitcoin should be as easy as buying any currency. I should be able to go the post office and buy it over the counter or order it from a travel agent.
Places like localbitcoins make you feel like you are buying a bitcoin (who buys currency, ever)? Sure you exchange it but buy..
We need employers to start paying in bitcoin.
Sorry if this post makes little sense.
Bicoin is actually one of the easier currency like assets that you can purchase. When you try to buy most other currencies you are very limited as to where you can purchase them (generally either an airport or a bank and will end up paying huge markups when doing so. with bitcoin on the other hand there are many more places that you can buy it (via LBC for example) and the markup is generally lower. Also most travel agencies and all post offices do not sell any currencies  |
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MasterCasino
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Activity: 91
Merit: 10
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October 10, 2014, 05:11:29 AM |
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I already have a job. A shit job admittedly but a job nonetheless. My wife wouldn't like if I gave it up and went on a bitcoin crusade.
Sorry, I need to edit this post and LOL to my government giving a toss about Bitcoin,
It doesnt matter. A job is a job, that is all that matters. |
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101111
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October 10, 2014, 05:13:52 AM |
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Yes, getting bitcoin is an issue. Keeping it safe is another. Fortunately this is nothing new and there are plenty of solutions being rolled out and/or worked on.
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rday3
Newbie
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Activity: 21
Merit: 0
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October 10, 2014, 12:40:54 PM |
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I do agree, I was going to buy a few bitcoins when they were £20 but didnt because it was really quite hard to buy them in the UK
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cyberpinoy
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October 10, 2014, 12:48:24 PM |
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If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
I totally agree with you, and everyone has either ignored me (thru the forum feature) or continually misunderstand me when i say we need a REAL demand for bitcoin. We need ways to promote the use of the coin so people are willing to get the wallet sync it in. no one wants an online wallet since security is usually the first thing people mention, thanks to the stupid hackers who so counterproductively destroyed the investment they were hacking. You would think a hacker would not be so stupid to destroy the perfect coders dream, but sure enough they have. We a product you can only buy with bitcoin, or products that if you buy them with bitcoins they are a good bit cheaper than buying them with cash. Theres your new objective bitcoin developers sitting on wallets with hundreds of thousands of bitcoins , why dont you put them to good use, if you can create/maintain a code like bitcoins what is so hard about coding and setting up a good standing worthwhile merchant site for your investment. |
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rday3
Newbie
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Activity: 21
Merit: 0
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October 10, 2014, 12:55:08 PM |
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If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
I totally agree with you, and everyone has either ignored me (thru the forum feature) or continually misunderstand me when i say we need a REAL demand for bitcoin. We need ways to promote the use of the coin so people are willing to get the wallet sync it in. no one wants an online wallet since security is usually the first thing people mention, thanks to the stupid hackers who so counterproductively destroyed the investment they were hacking. You would think a hacker would not be so stupid to destroy the perfect coders dream, but sure enough they have. We a product you can only buy with bitcoin, or products that if you buy them with bitcoins they are a good bit cheaper than buying them with cash. Theres your new objective bitcoin developers sitting on wallets with hundreds of thousands of bitcoins , why dont you put them to good use, if you can create/maintain a code like bitcoins what is so hard about coding and setting up a good standing worthwhile merchant site for your investment. Yes, If more people 'want' bitcoin then it will increase massively. However most people, even tech savvy people don't know how to buy them which is a big problem and I think is limiting its spread. |
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Victoo
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October 10, 2014, 01:22:25 PM |
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These days it's not that hard to buy bitcoins. Localbitcoins has made it so easy for everyone to buy with different payment methods and there are many other places also where you can buy bitcoins.
I am sure I have seen some posts here with list of sites which are selling/buying bitcoins with Paypal so buying is not much of a problem anymore.
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Q7
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October 10, 2014, 01:32:49 PM |
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Well i don't go through any of the online exchangers but i use local bitcoin to find real people around my locality and then next thing i know, its done. I stick to one single seller that i trust and never had any trouble.
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247casino
Newbie
Offline
Activity: 56
Merit: 0
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October 10, 2014, 01:40:19 PM |
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If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
Bitcoin's need to acquire is fine, it is a vice related need currency, that's it, no one will acquire it to then buy stuff at Overstock, new people enter the world of btc from a vice related need, right now it's gambling, 2 years ago it was silk road So drugs and gambling fuel the new user base not new merchants It's not that hard to acquire btc, IF A PERSON THINKS THEY NEED IT A typical person will never think they need btc UNLESS they have a vice habit ie: drugs/gambling Look for mega bitcoin casinos to soon have millions of global users chartered out of the cayman islands with a Cayman casino license and cayman bitcoin bank tied to it Those vice need uses will all have acquired btc and by the time they have multiple millions of users, there will be a nice pop in btc prices to 3K or 5K imo vice users fuel the btc values |
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Walter Rothbard
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October 10, 2014, 06:52:52 PM |
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If bitcoin is ever to become mainstream then it needs to sort out its achilles heel. That is buying bitcoin in the first place. The process should be so easy that even your gran can do it.
Unfortunately at the moment its way to complicated.
People won't buy bitcoin if they don't understand how to and if none buys bitcoin no one will spend bitcoin except geeks and criminals.
I totally agree with you, and everyone has either ignored me (thru the forum feature) or continually misunderstand me when i say we need a REAL demand for bitcoin. We need ways to promote the use of the coin so people are willing to get the wallet sync it in. no one wants an online wallet since security is usually the first thing people mention, thanks to the stupid hackers who so counterproductively destroyed the investment they were hacking. You would think a hacker would not be so stupid to destroy the perfect coders dream, but sure enough they have. We a product you can only buy with bitcoin, or products that if you buy them with bitcoins they are a good bit cheaper than buying them with cash. Theres your new objective bitcoin developers sitting on wallets with hundreds of thousands of bitcoins , why dont you put them to good use, if you can create/maintain a code like bitcoins what is so hard about coding and setting up a good standing worthwhile merchant site for your investment. Yes, If more people 'want' bitcoin then it will increase massively. However most people, even tech savvy people don't know how to buy them which is a big problem and I think is limiting its spread. It has been possible for the last two years to find out how to buy Bitcoin by Googling "buy bitcoin." That's how I buy nearly any product; why should Bitcoin be any different? It's been possible for nearly that long to sign up at Coinbase and buy Bitcoin easily if you have a bank account. It's not that hard. If you can make it easier, you can make a bundle of money. |
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philipma1957
Legendary
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Activity: 4116
Merit: 7849
'The right to privacy matters'
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October 10, 2014, 07:06:29 PM |
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If you live in the US, Coinbase is super easy.
My 74 year old mother was able to buy bitcoins through them using her phone.
This is true, but I would like a second coinbase type company for the USA. |
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bitcoinbot (OP)
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October 10, 2014, 08:00:13 PM |
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Perhaps localbitcoins should market themselves as exchange usd or gbp for bitcoin rather than buy bitcoin.
Before you can even buy you need to download the whole blockchain.. How long does that take?
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Walter Rothbard
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October 10, 2014, 08:28:40 PM |
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If you live in the US, Coinbase is super easy.
My 74 year old mother was able to buy bitcoins through them using her phone.
This is true, but I would like a second coinbase type company for the USA. Circle! |
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galbros
Legendary
Offline
Activity: 1022
Merit: 1000
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October 10, 2014, 08:56:30 PM |
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I think there is something to this. Buying really isn't that easy, if it was, we wouldn't see people asking for paypal to bitcoin deals all the time. You can buy most everything else with paypal, so why I don't think it is the final arbiter of what counts as "easy to buy", heck I hate paypal, I do think it provides a useful basis for comparison.
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BTCfan668
Member
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Activity: 88
Merit: 10
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October 10, 2014, 10:50:08 PM |
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If you live in the US, Coinbase is super easy.
My 74 year old mother was able to buy bitcoins through them using her phone.
This is true, but I would like a second coinbase type company for the USA. Circle! Circle is still very new and have not proven themselves to be trustworthy yet, not have they proven that they can both properly secure their bitcoin and their customer information |
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doubleredrolex
Full Member
Offline
Activity: 211
Merit: 100
I Believe
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October 12, 2014, 10:37:44 AM |
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I use CaVirtex in Canada BUT it takes like a week and half to transfer funds to them from my bank account. Its a freakin PAIN IN THE ASS. They need to make buying BTC much much easier. I recently signed up with coin.mx and you can buy BTC with VISA and it only takes minutes. We need more of this. Buying BTC is definitely the hardest part of using crypto currency.
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