What's stopping people from using bitcoin? - page 100.

blackmachinegun

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Quote from: hakanbalta577 on March 26, 2016, 10:31:58 PM

At this time, I dont think people stop to use bitcoin. They will continue to use and everyday bitcoin will be popular than before. Roll Eyes

Yeah although we rarely see people who actually stopped using bitcoin but I'm sure there are some people who quit.
but that was not a problem. because many people are joining more than people who come out
My friend stop using bitcoin because he was busy

MTBTT

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Quote from: coin_gambler on March 26, 2016, 05:36:28 PM

governments might ban their people from using bitcoin what could lead to them deciding to quit it, i dont know what else might stop people

I think it will not make people stop and feared it. My own country prohibits the use bitcoin. but I do not care about it. just a lot of people who are sympathetic and join on bitcoin

nejibens

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The price of the Bitcoin isn't stable yet, that is why many people stopped from using it

If the price get stable more people will use this currency i guess

storyrelativity

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Many people stop using bitcoin because many hyip are scam. But don't stop using bitcoin because bitcoin have bright future .. Buy more bitcoin and make big profit. I love btc. Godbless and thanks

Hellacopter

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I think people find it more convenient to use fiat. That is what is stopping people from using Bitcoin. Why would I go to a store that accepts Bitcoin when I could simply go to a store that accepts normal currency.

nostal02

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Quote from: Kingno.1 on March 26, 2016, 11:40:55 PM

Many reasons are there that are stopping people from using bitcoin.
In developing countries:
1)Lack of awareness regarding it
2)Slow internet
3)Governments do not support their use

Specially in 3rd world countries without internet they cant know bitcoin and its use,only the countries which have a good economy has its people use bitcoin.

Kingno.1

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Many reasons are there that are stopping people from using bitcoin.
In developing countries:
1)Lack of awareness regarding it
2)Slow internet
3)Governments do not support their use

DeDordtenaar

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Quote from: crazyivan on March 26, 2016, 04:03:00 AM

The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.

I think people are free to do anything with bitcoin. even conduct illegal activities. bitcoin is decentralized so there are no regulations or rules for use. This is freedom dude

hakanbalta577

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At this time, I dont think people stop to use bitcoin. They will continue to use and everyday bitcoin will be popular than before. Roll Eyes

FlyingSaucer

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Some people are scared to use something they still don't understand fully and Bitcoin requires some technical knowledge to understand how it functions. Plus we are so complacent with the banking system and Paypal that better alternatives like Bitcoin could go unnoticed for a long time.

knowhow

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Everything that people say we cant do we will do,we act against the society rules,that is an fact.Bitcoin is too new and merchants are supporting it yet,we had achieved porn industry and gambling industry very deep,porn just some companies working with,people dont see any advantage of change the fiar to bitcoin,as they cant spend ,and wont stay 3 hours watching the pumps and dumps happening almost all days.

coin_gambler

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governments might ban their people from using bitcoin what could lead to them deciding to quit it, i dont know what else might stop people

RBF

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Bitcoin is not so easy to "regular people" to handle it and to keep it safe.
In my country, people have difficulty to handle a simple internet banking, imagine handling a Bitcoin wallet...

USB-S

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Quote from: crazyivan on March 26, 2016, 04:03:00 AM

The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.

It's mostly because there is no regulation within crypto, there is even no way to enforce regulation. The only thing we have to offer to newbies is knowledge about managing their money smartly. Regardless players who play fair within the network will get more famous as time passes, we have to hope that legit players will take over. This is inevitable because there is no reputation to be gained while scamming people from their money.

In my opinion currently people just don't care enough about the fundamentals of their money. They use fiat just because it works and is convenient for them and learning something completely new is way too time consuming for them. They'll all get here however.

Slowturtleinc

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Media has done a great job in muddying butcoin as a darkweb currency for drugs and now terrorism. The potential smear on current bitcoin users is possible if things are pushed farther along.

crazyivan

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The lack of regulation which allows scammers to set up their operation s one of the major problems. There s no industry with more ponzies anywhere else as in crypto.

betohell

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Quote from: safari88 on March 26, 2016, 02:25:18 AM

Quote from: TastyChillySauce00 on October 16, 2015, 10:51:34 AM

so many reason, for example: they got bored , they think they dont need bitcoin anymore, they think that bitcoin dont have bright future (i believe bitcoin have bright future)

I do not agree if they do not need bitcoin. bitcoin is money bro. maybe if it is difficult to get bitcoin I think it was the right reason.

i dont agree. I do not think someone out of boredom and does not require bitcoin anymore. as long as I was in bitcoin I have never seen anyone come out with excuses like that.

Hellacopter

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Quote from: uname on March 26, 2016, 02:03:48 AM

Quote from: a7mos on March 24, 2016, 04:31:46 PM

not all the world has access to the internet to be able to use bitcoin. So this is why the majority of the world still use fiat only without using debit cards or digital currencies like bitcoin

nope I think everyone is already connected to the Internet. I think this factor is not a thing that can make a person stop of bitcoin.
I even saw a small child is already playing internet and blogs

Not really mate, following the international statistics there is only 1 Billion or so from 6 Billion of people worldwide are using Internet nowadays, so the fact that Bitcoin couldn't be used without internet could be negative factor for real

extrabyte

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In my opinion scam and ponzi sites and earning sources stopping people from using bitcoin. most of people have negative thoughts about bitcoin because of these scam and fake earning sites. because there are 80% sites are scam. and most people affected from them.. peoples like to earn money but when they be scammed then they loose their hopes and didn't try it again..

Pursuer

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Quote from: agustina2 on March 25, 2016, 12:04:18 PM

Quote from: Aamir1 on March 25, 2016, 11:59:55 AM

Quote from: BlueStackz on March 25, 2016, 02:24:24 AM

Quote from: a7mos on March 24, 2016, 04:31:46 PM

not all the world has access to the internet to be able to use bitcoin. So this is why the majority of the world still use fiat only without using debit cards or digital currencies like bitcoin

You mean to say, there are less availability for bitcoin accepting merchants to spend your bitcoins. Yes, this is the situations in many countries. Due to the lack of bitcoin adoptions by companies many people are not in need of switching over to bitcoin payment system.

Actually lack of adoption is the biggest reason of why many people out there are not aware of bitcoin yet in many countries, as someone said above that some people have no access to internet so they really will not be able to come to know if there is such a thing like bitcoin, and for making those people aware of it there needs to be some places that accepts bitcoin so people after seeing that will take a look at it surely and that could be a reason for them to use bitcoin.

Not all has internet connection to acces bitcoin that's why adoption are not yet growing. Still there are many places that bitcoin can't be reached. That is one of the reason why our financial system will not be dominated by bitcoin.

maybe in the rural areas of Africa where they don't even have clean water, there is no internet but the rest out of the 7 billion has access to internet through different ways from wireless network to mobile 3g/4g fast internet.

I think it is the lack of services that accept bitcoin that is holding it back, and that is because of the volatile price and lack of regulation that makes the services afraid of using bitcoin.

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