They will stop if they will be scammed or something, or they lost a lot of money and that is not good.
But they will only stop with Bitcoin if they lost a lot of money and that will be bad. Because you can see now that Bitcoin will be more worth and more used so that will not be the reason.
Topic: What's stopping people from using bitcoin? - page 103. (Read 202160 times)
I think people are stopping using Bitcoin because It can take a while before you can make some good money out of it.
Some people just have the patient.
Some people just have the patient.
some reasons for stopping people from using bitcoin are,
bitcoins are not widely accepted
wallets can be lost
bitcoin valuation fluctuates
no buyer protection etc...
bitcoins are not widely accepted
wallets can be lost
bitcoin valuation fluctuates
no buyer protection etc...
Major adjustments such as this take time to go underway. The concept of online currency might still be pretty foreign to many people, and can seem complicated or untrustworthy, despite the statistics that prove otherwise.
if are ordinary people who don't know about bitcoin. they will not be interested and close the page if it's about bitcoin, and therefore need an introduction and advertisement. so bitcoin could be known by the public.
Major adjustments such as this take time to go underway. The concept of online currency might still be pretty foreign to many people, and can seem complicated or untrustworthy, despite the statistics that prove otherwise.
The simple fact is that bitcoin isn't widely accepted. The consumers need something to spend it on. The sellers will not accept it unless there's a big demand. We're stuck
That is one fact. But there are still a lot more. Knowledge and some bad past of bitcoin through the creation if media and the government are one more. Lazy people dont want to listen to a person who will explain thoroughly what bitcoin is. That is another problem.
The simple fact is that bitcoin isn't widely accepted. The consumers need something to spend it on. The sellers will not accept it unless there's a big demand. We're stuck
That is one fact. But there are still a lot more. Knowledge and some bad past of bitcoin through the creation if media and the government are one more. Lazy people dont want to listen to a person who will explain thoroughly what bitcoin is. That is another problem.
easier to use cash and credit cards for everyday shopping, and I doubt it will change. Cash can always be used without internet, bitcoin not. Credit cards and paypal confirmations are instant, whereas for bitcoin it is about 10 min, but usually more.
Also people get their salaries with fiat or directly to their bank.
They stop it when they lost to much money and that is very bad. People should know that Bitcoin is very good to do.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
Many places still bitcoins are not accepted as a formal currency so many people hesitate to invest money in these bitcoins.
The simple fact is that bitcoin isn't widely accepted. The consumers need something to spend it on. The sellers will not accept it unless there's a big demand. We're stuck
That is one fact. But there are still a lot more. Knowledge and some bad past of bitcoin through the creation if media and the government are one more. Lazy people dont want to listen to a person who will explain thoroughly what bitcoin is. That is another problem.
we aren't getting paid in bitcoin and nowhere to spend outside or even on the internet.
That is not true. There are some websites now that are accepting bitcoin. You might just want to google it. There are lots now. There are also online wallets that are connected to a bank and you can withdraw your bitcoins thru that. Though it will take some transaction fees.
You are correct sir, every day more and more companies are joining the trend, that is accepting bitcoin as payment.You can buy stuff onine and even a pizza as being posted here last couple of weeks.You can book your flight.There are many merchants already acceptong bitcoin and the list grows everyday.
we aren't getting paid in bitcoin and nowhere to spend outside or even on the internet.
That is not true. There are some websites now that are accepting bitcoin. You might just want to google it. There are lots now. There are also online wallets that are connected to a bank and you can withdraw your bitcoins thru that. Though it will take some transaction fees.
They stop it when they lost to much money and that is very bad. People should know that Bitcoin is very good to do.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
Many places still bitcoins are not accepted as a formal currency so many people hesitate to invest money in these bitcoins.
I think it is only a matter of time when. the store does not accept bitcoin
Well openbazar should remove the big walls this year,as i know they are on test mode,soo it will bring bitcoin to another level and i believe it will kill a bit ebay ,as some people are waiting it to start to sell items for bitcoin ,soo the wall of dont have where to spend is about to get over.
So after reading this article and especially the ending:
I'm wondering what's stopping people from using bitcoin?
And now I'm talking about people who already aware of bitcoin and how it works but still not using it.
The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.
I'm wondering what's stopping people from using bitcoin?
And now I'm talking about people who already aware of bitcoin and how it works but still not using it.
The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
One of the things to take into consideration is the adoption of technology and the rate in which people feel comfortable doing so. There are a lot of technologically inclined people in this forum and in the bitcoin community but when you explain bitcoin or why you use bitcoin do you meet them on their level?
I love the question, what is bitcoin because it gives me an opportunity to teach someone something that I am passionate about. I've heard this same question asked a hundred times but it never gets old for me. Too often I fear that the people currently in the bitcoin community explain bitcoin to average people technically.
The next time you're asked what is bitcoin, don't explain the technical protocol, simply consider saying what it can be used for and work from there. Some of my favorite technology that was ever created still hasn't been adopted because it wasn't presented properly to the average person.
Bitcoin has an unlimited amount of uses, find one of its uses and share that with the person you are explaining bitcoin to if you want to grow the user
base.
The simple fact is that bitcoin isn't widely accepted. The consumers need something to spend it on. The sellers will not accept it unless there's a big demand. We're stuck
They stop it when they lost to much money and that is very bad. People should know that Bitcoin is very good to do.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
Many places still bitcoins are not accepted as a formal currency so many people hesitate to invest money in these bitcoins.
Bitcoin acceptance increases only when the world becomes partly digitalized. In future the people who hesitated to invest will realize the reality.
They stop it when they lost to much money and that is very bad. People should know that Bitcoin is very good to do.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
Many places still bitcoins are not accepted as a formal currency so many people hesitate to invest money in these bitcoins.
They stop it when they lost to much money and that is very bad. People should know that Bitcoin is very good to do.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
And that patience is very important in gambling otherwise you cant make some profit. You have to wait for a good price increase.
1. we aren't getting paid in bitcoin
2. nowhere to spend outside or even on the internet.
2. nowhere to spend outside or even on the internet.
Plenty of places to spend Bitcoin, try this: https://spendabit.co/go?q=jacket
or this: https://spendabit.co/go?q=laptop
I think a lot of people may have gotten in above the current price and are psychologically holding out for a higher price. The reasoning becomes kind of like long-term investing.
we aren't getting paid in bitcoin and nowhere to spend outside or even on the internet.
There are plenty of places and sites you can spend your bitcoins at, You can also exchange USD to BTC or viceversa very easily so I don't think it is that too.many people don't know enough about bitcoin and crypto currencies generally, or may be they have wrong ideas about this currencies. That's why they don't use bitcoin usually.
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