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Topic: What will keep people from getting into cryptocurrency? - page 13. (Read 3514 times)

full member
Activity: 337
Merit: 102
I think it might be closing down the banks where they keep their money. When people realize that bitcoin is more honest than banks, then people will use btc. IMHO
newbie
Activity: 128
Merit: 0
the number of scams and such, making cryptocurrency negative by some people, I think that prevents them from investing.
this bad impression must immediately be eliminated, it is to invite many people here to believe in this investment.
newbie
Activity: 28
Merit: 0
gain knowledge and engage with market
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
I think the problem with people not participating in e-money is that they do not really hold it as paper money and that probably makes them suspicious. In addition, they only really see it as a short-term investment or a long-term investment instead of a new tool in the future. They are afraid that they will not get high profits or even lose money when the price of the crypto prestige is quite high.
member
Activity: 546
Merit: 21
Fake projects won't do any good to crypto except bad mouthing it,this will keep people away from crypto ,unless something is done about it ,the scams alarming is getting higher.
full member
Activity: 378
Merit: 100
I think that crypto users are aware of the fact that here the volatility is high the price some time fall more to it's average level but it is not a permanent [problem and things changed with time like people are coming to crypto not because of price but for making transaction they love to use crypto for payments.
member
Activity: 882
Merit: 13
Investors are gaining trust on Bitcoin because of it's use case, easy transactions online without using any third party. Anonymous transactions is what people wants. I don't think people will avoid Bitcoin because of it's price volality, i can sense that this is one factor why people are getting interested because their investment may give huge profit in the longrun.
member
Activity: 350
Merit: 10
Open and Transparent Science Powered By Blockchain
Well many things could make people stay away from cryptocurrency, but the major things is regulations and the uncertainity of it. Many people need protection and to make sure the safety of their investments. So as long as its not fullg secure and there is still uncertainity i believe it willmake more people doubt on crypto and thats what makes people stay away.
hero member
Activity: 1974
Merit: 502
Vave.com - Crypto Casino
Statistically speaking the biggest blocker for those who are interested in bitcoin is that there is a lack of investor protections currently I don't have a link but I beleive it was a coindesk article but I could be wrong.
It's all about money, as long as crypto currency can provide it then I guess it's done. Well people got interested into a system that can give them what they want. Basically, crypto was built to give us income and I think that is the asset that it has. Whenever crypto is beneficial is making profit then people will be interested to it.
sr. member
Activity: 812
Merit: 250
Statistically speaking the biggest blocker for those who are interested in bitcoin is that there is a lack of investor protections currently I don't have a link but I beleive it was a coindesk article but I could be wrong.
Life in crypto currency is all about money so in order to get people in this system then we must assure them of profit. They will only be interested in crypto currency if they knew that they gonna earn a lot. People wants to achieve something before trying it and giving them earning is what crypto can provide them.
sr. member
Activity: 714
Merit: 260
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Nope you’re wrong with that because that characteristics is the reason why people loves being here the volatility and the decentralization all of this keeps people coming and get involving to cryptocurrency,look at the users counts now almost becomes double from what is last year.if you are basically into the prices now well all i can say is investors are only waiting for a perfect timing to re enter

full member
Activity: 280
Merit: 100
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

I think people who interest in bitcoin is caused by the price that has increased drastically in just a few years, from this interest, finally many people are exploring knowledge about bitcoin and discover many advantages and benefits of bitcoin
full member
Activity: 429
Merit: 102
actually to me what will keep people from getting into cryptocurrency  is peoples testimonies. it will energize people.
People who came into bitcoin with few knowledge about it cannot help other people to keep on it because price is very volatile. Dome people come energetic as they think that easily they could gain profit, but as expected the price goes down after they invest which result for them to exit thinking to cut more losses. Then spread news about bitcoin yo be scam. They give poor judgement that other believe on.
full member
Activity: 501
Merit: 147
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?


Actually bitcoin is our life changer when we discourage about the situation now we are a loser remember if bitcoin become rise again we have so many chances to get huge profit. crytpo currency is a leading in terms of business because we are now in digital processing  because of hi-technology uses why we don't grab the opportunity. since there is crypto currency in our life we don't quit it this will gonna bring us to our good journey in our life.
jr. member
Activity: 126
Merit: 1
Knowledge and access are key. Not only do we need to understand what cryptocurrency is and how the technology behind it works, but we also need the right infrastructures or at least better internet access. And I think government backing will help too. If the government supported it, people will feel more secure in trusting cryptocurrency. Do you agree?
hero member
Activity: 1190
Merit: 500
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
Crypto user continues to use bitcoin they know how bitcoin give them a good profit even it's on bear market and we all know that bitcoin is proven that will give to us good earnings in different ways. That's why many people still use bitcoin.
Although bear trend happened, they still believe that high prices and skyrocketing will definitely happen again, which makes them
continue to believe and survive in crypto. they believe in crypto's future, so they continue to hold or even invest more..
newbie
Activity: 100
Merit: 0
many factors can prevent people from entering the world of bitcoin, one of which is an appeal or ban from the local government.

this is an obstacle that makes people afraid and hesitant to join. The government should legalize transactions using bitcoin.
legendary
Activity: 1092
Merit: 1000
https://trueflip.io/
Statistically speaking the biggest blocker for those who are interested in bitcoin is that there is a lack of investor protections currently I don't have a link but I beleive it was a coindesk article but I could be wrong.
For me,i think its the volatility itself that keeps people from getting into cryptocurrency.The price changes from time to time unlike fiat currency that is always fixed.And the fact that the government still not adopted the use of cryptocurrency.
hero member
Activity: 1918
Merit: 564
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Government interference could keep people away from bitcoin. As much as bitcoin has an innate attribute of being permission-less where you don't need to seek anyone's permission to be able to use it.

But then comes the truth that we have our governments and there's no escaping them and they can indeed impose regulations that we have to follow suit. And if these regulations becomes too rigid to comply with, this might just take out our interest and force us to give up on any utilization of bitcoin.
full member
Activity: 882
Merit: 104
I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?
Crypto user continues to use bitcoin they know how bitcoin give them a good profit even it's on bear market and we all know that bitcoin is proven that will give to us good earnings in different ways. That's why many people still use bitcoin.
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