Re: Is bitcoin dead?

the problem is actually this, we are the only one using it, the numbers of users of bitcoin did not grow that much in the past months, until now

Basically it is because BTC has less usagebility if you compare it to FIAT. FIAT is much more "instant" than BTC in some cases. Apart to be used as for trading, I dont see any reason of using BTC as a payment system because most sites that accept BTC do accept FIAT as well.

P.S : Is there any statistical data on how many people that uses BTC right now and as well as the graphs for the increment?

Quote from: Dotakels on May 21, 2015, 12:11:41 PM

But if we tell to every people that we know the bitcoin and we can explained to them clearly they can use bitcoin

Most people want things to be instant, which means using FIAT is much more instant in this case. Some people tend to see that digital currencies are delusional things . Most people just arent aware how better BTC is if you were to compare it with FIAT ( apart from the 10 minutes transaction of course )

that's the problem they are accepting fiat too, this make bitcoin look just an option for geek, i still think there should be new shop which accept bitcoin only, or give you bonus when using bitcoin, otherwise average people will not feel the need to use it over fiat ever

for the graphs there is something on the blockchain, we are at 2-3M users for bitcoin

The graph in blockchain is only the number of "wallet user" which means several people can have more than 1 wallet on blockchain and also that some people left out blockchain because they feel it is much secure using desktop wallet

Shops that accept BTC only wont be making any business IMO. As you mentioned, the number of BTC users are still low which means using BTC only as a payment method will resulted in less customer and bad business practice. That is why people tend to accept both option for payment but in this case people choose to use FIAT more

yeah i know, it's impossible to have the exact number, because everyone is always moving their coin for storage, and general uses

but anyway there was an estimate numbers that did put the total bitcoin users at 2-3M(maybe now more than that)

Actually the number isnt important. More important is actually the growth percentage of BTC user yearly or monthly if possible which is hard to attain since there is no survey about this or actual data

If there is huge growth on this , then the thread about "is BTC dead" wont be existing anymore, since more people to use and/or know it actually means more growth for BTC either but for this case, most people are still blind about it which is why the thread of "is BTC dead question" keep on existing