What's stopping people from using bitcoin? - page 10.

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Quote from: opossum on July 20, 2016, 06:44:13 AM

Quote from: diegz on July 20, 2016, 06:37:27 AM

Quote from: Bitcoinbro on July 20, 2016, 02:28:45 AM

I think that the biggest reason what is stopping people from using Bitcoin is that not everyone can afford the high prices from now.
The price only gets higher and many people miss the boat this way.

Well, that could be true, but I think not all the time, a new comer would always want to invest into it, so being late is not that big problem and not a hindrance not to try bitcoin..Most of the time one would not try bitcoin because they do not know what it is..

Yeah lack of knowledge is main issue in people not going for bitcoin as they are not aware about it and they don't know how to use it or how to earn it.

Then we gotta give 'em what they need. A little publicy never hurt anyone, and especially the fact that good publicity and general knowledge about the crypto community can be very good for the price.

opossum

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Quote from: diegz on July 20, 2016, 06:37:27 AM

Quote from: Bitcoinbro on July 20, 2016, 02:28:45 AM

I think that the biggest reason what is stopping people from using Bitcoin is that not everyone can afford the high prices from now.
The price only gets higher and many people miss the boat this way.

Well, that could be true, but I think not all the time, a new comer would always want to invest into it, so being late is not that big problem and not a hindrance not to try bitcoin..Most of the time one would not try bitcoin because they do not know what it is..

Yeah lack of knowledge is main issue in people not going for bitcoin as they are not aware about it and they don't know how to use it or how to earn it.

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Quote from: Bitcoinbro on July 20, 2016, 02:28:45 AM

I think that the biggest reason what is stopping people from using Bitcoin is that not everyone can afford the high prices from now.
The price only gets higher and many people miss the boat this way.

Well, that could be true, but I think not all the time, a new comer would always want to invest into it, so being late is not that big problem and not a hindrance not to try bitcoin..Most of the time one would not try bitcoin because they do not know what it is..

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Quote from: Beinglove on July 20, 2016, 01:04:34 AM

As a new beginner, i wonder why should people hate using btc. Because i have heard only good things about it. Is there any issue in using the btc worldwide? i wish this digital currency should be used everywhere with authority.

It actually has no bad factors and there is no issues related to it, but as the media in some countries have shown it in a negative way to the public, so the public starts thinking after watching it that it is a bad thing or it is the currency that criminals use etc, that is a big reason why many people don't take any interest in bitcoin.

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I think that the biggest reason what is stopping people from using Bitcoin is that not everyone can afford the high prices from now.
The price only gets higher and many people miss the boat this way.

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Quote from: Beinglove on July 20, 2016, 01:04:34 AM

As a new beginner, i wonder why should people hate using btc. Because i have heard only good things about it. Is there any issue in using the btc worldwide? i wish this digital currency should be used everywhere with authority.

bitcoin is currency very profitable so I think it is difficult to hates bitcoin. but those who hates bitcoin, probably due to some problems. as they lose a lot of money on bitcoin, or ever got scammer and also they are really hard to get bitcoin.

Beinglove

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As a new beginner, i wonder why should people hate using btc. Because i have heard only good things about it. Is there any issue in using the btc worldwide? i wish this digital currency should be used everywhere with authority.

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Quote from: lienfaye on July 19, 2016, 11:54:38 PM

Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

Yeah, some people have no internet connection thats why they dont know about bitcoin. l

It's happened in my country, in here there are many people is not have an internet connection because the big level of social inequality. and there are a lot of poor people in this place is unable to have internet connection because the cost for internet service is very big.

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Quote from: lienfaye on July 20, 2016, 12:51:57 AM

Quote from: tabas on July 20, 2016, 12:30:06 AM

Quote from: lienfaye on July 19, 2016, 11:54:38 PM

Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

Yeah, some people have no internet connection thats why they dont know about bitcoin. lack of knowledge and information are some reason why they dont use it.

it is really hard to use bitcoin if you don't have internet connection. Maybe the main problem why people are not using bitcoin is that.
Because of poverty, how they are going to acquire knowledge with bitcoin if they don't have materials such as computers
and as well as internet connection.

You are right, not all people are fortunate enough to have a gadgets or things that can be use to surf online. thats why we are lucky to get a chance to know and use bitcoin.

That is really hard and it is the fact that poverty is the main reason why people are stopping from using bitcoin. And it is the reality that is happening each day.
So that many are being poor instead of knowing about bitcoin and gain knowledge about it.

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Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

I guess so. Many people are not that tech savvy, nor are they caring about the economy either. I guess that is a major part of why the majority of people are not using bitcoins.

But there are tech savvy people and there are economy freaks. So there are an increasing number of users using bitcoin, and with their help, they can make bitcoin more acceptable to the general public.

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Quote from: tabas on July 20, 2016, 12:30:06 AM

Quote from: lienfaye on July 19, 2016, 11:54:38 PM

Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

Yeah, some people have no internet connection thats why they dont know about bitcoin. lack of knowledge and information are some reason why they dont use it.

it is really hard to use bitcoin if you don't have internet connection. Maybe the main problem why people are not using bitcoin is that.
Because of poverty, how they are going to acquire knowledge with bitcoin if they don't have materials such as computers
and as well as internet connection.

You are right, not all people are fortunate enough to have a gadgets or things that can be use to surf online. thats why we are lucky to get a chance to know and use bitcoin.

tabas

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Quote from: lienfaye on July 19, 2016, 11:54:38 PM

Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

Yeah, some people have no internet connection thats why they dont know about bitcoin. lack of knowledge and information are some reason why they dont use it.

it is really hard to use bitcoin if you don't have internet connection. Maybe the main problem why people are not using bitcoin is that.
Because of poverty, how they are going to acquire knowledge with bitcoin if they don't have materials such as computers
and as well as internet connection.

lienfaye

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Quote from: subhiii on July 19, 2016, 11:48:40 PM

Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

Yeah, some people have no internet connection thats why they dont know about bitcoin. lack of knowledge and information are some reason why they dont use it.

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Incomplete knowledge of bitcoin is stopping them I think to use bitcoins.
Or may they don't have bitcoins to use

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Quote from: greBit on July 19, 2016, 09:28:50 PM

Quote from: madwica on July 19, 2016, 09:24:25 PM

Quote from: terman45x on July 19, 2016, 08:54:35 PM

Price volatility is an major reason for keeping people away from using bitcoin as they have an fear of loosing their money in a long run.

Most of the investor take advantage of the price change and will give them huge profit on that. But some users who are not expose on the trend of the bitcoin price they are start to stop using bitcoin i think.

yes traders loves price fluctuations as it allows them to make regular profits but normal user will hesitate in investing their money into it as they have a fear of loosing it.

well, it is not all about making profit from trading bitcoin and taking advantage of price fluctuations. but this topic especially is about people "using bitcoin" and not just buying low and dumping high kind of strategy. and using means buying/earning it to have the ability to spend bitcoin instead of fiat on merchants.

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Quote from: madwica on July 19, 2016, 09:24:25 PM

Quote from: terman45x on July 19, 2016, 08:54:35 PM

Price volatility is an major reason for keeping people away from using bitcoin as they have an fear of loosing their money in a long run.

Most of the investor take advantage of the price change and will give them huge profit on that. But some users who are not expose on the trend of the bitcoin price they are start to stop using bitcoin i think.

Of course big whales are getting profit every time the price of bitcoin is increasing. And it is in their favor. But for the people who doesn't even know how to use bitcoin of course it is going to gain them nothing. So instead of using bitcoin.
They are just stopping it because they don't know how to use it.

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Quote from: Blitzboy on July 17, 2016, 03:55:43 PM

Quote from: 1Referee on July 17, 2016, 03:32:40 PM

Quote from: utkarshm on July 17, 2016, 02:04:57 PM

Quote from: RKing on October 16, 2015, 10:53:44 AM

The volatility of the price. If the price is not steady, we will not hold and use bitcoin as we do not know the purchasing power tomorrow.

Yes this might be the reason but i think the main reason is the less knowledge about bitcoins or ecurrency

The following options are the most common reasons for non tech people to skip Bitcoin.

- Volatility.
- Lack of knowledge.
- They got brainwashed by the media.
- Think Bitcoin is a scam.

Yeah when i was new about bitcoin one of the best reason why i am thiking to stop using bitcoin is the 3rd thinking that bitcoin is scam and i will lose some money when i was bought some bitcoins before..

That is the lack of knowledge in the start I was also in the hurry to convert my coins to fiat whenever I earned some of them , but after sometime when I learned all about bitcoin, I then do not worry about that and continued to be the part of investors.

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Quote from: madwica on July 19, 2016, 09:24:25 PM

Quote from: terman45x on July 19, 2016, 08:54:35 PM

Price volatility is an major reason for keeping people away from using bitcoin as they have an fear of loosing their money in a long run.

Most of the investor take advantage of the price change and will give them huge profit on that. But some users who are not expose on the trend of the bitcoin price they are start to stop using bitcoin i think.

yes traders loves price fluctuations as it allows them to make regular profits but normal user will hesitate in investing their money into it as they have a fear of loosing it.

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Quote from: terman45x on July 19, 2016, 08:54:35 PM

Price volatility is an major reason for keeping people away from using bitcoin as they have an fear of loosing their money in a long run.

Most of the investor take advantage of the price change and will give them huge profit on that. But some users who are not expose on the trend of the bitcoin price they are start to stop using bitcoin i think.

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Quote from: terman45x on July 19, 2016, 08:54:35 PM

Price volatility is an major reason for keeping people away from using bitcoin as they have an fear of loosing their money in a long run.

It happens with most users who without understanding the true potential starts using and ends up when price decreases. Also these users due to their misunderstanding losses and creates negative thoughts regarding bitcoin. Hearing this too few hesitate to use bitcoin though they were interested.

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