Post
Topic
Board Bitcoin Discussion
Re: ● Why Bitcoin is Not Mainstream Yet & my Suggestions! ●
by
celebreze32
on 12/11/2015, 21:14:15 UTC
Of course it needs help, without those steps being fulfilled bitcoin will remain forever at the 200-300$ price range.
Completely wrong.  If Bitcoin provides an operational advantage, the value will go through the roof.  Those 'steps' you describe are just plain stupid.  You are probably stupid as well.  

There, you have your argument first and insult later.  Better for you?

Well, i maybe dont agree with rawdog style but in my opinion he is right like never before. Bitcoin, like any other currency (yes, for me Bitcoin is currency, i use it to buy or sell other things) need to be used if we want to give more value to it. Merchants and services will never adopt it as payment option if we dont use it frequently and average Joe will never use and buy bitcoin if he cant spend it.

Looks like he chose to reply with an egoistical attitude towards that. It is clear that without merchants adoptiong it, there is no advantage to common people to use bitcoin, rather than just use fiat.

I think merchants will adopt bitcoin if many people ask them to accept bitcoin & there's bitcoin payment system which allow merchants to accept bitcoin easily.
So, we need bitcoin payment system such as BitPay or Coinbase & high demand of payment with bitcoin.

For that we need to take an initiate and keep on asking merchants every now and then that do you accept bitcoins? do you accept bitcoins?? that will make him to think twice, if he is aware about the bitcoins he will take further steps and if he is not aware he would atleast try to know what bitcoins is all about So unless we don't take first step it would never gonna work.

I usually pay for my shopping with my debit card and although the transaction goes through fast I sometimes find there is a delay of days between paying and the money being deducted from my bank account. I could easily go into debt because my bank account sometimes shows no shopping purchases for days after I paid for my shopping. I could buy something else in the gap which would leave my bank account empty, then find my bank deducts the bill for my original shopping.

Bitcoin's advantage is it cannot leave you in debt in that way. Plus waiting for an hour for six confirmations can be faster than waiting for days for a debit card purchase to be debited from your bank account. We could ask merchants to accept Bitcoin on the basis that it cannot leave your bank account in debt, and it can be faster than waiting for a debit from your bank account.