What's stopping people from using bitcoin? - page 105.

Sandroxa

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Quote from: nejibens on March 20, 2016, 06:29:27 PM

Some people don't feel safe when using Bitcoin, they think it's not safe method and prefer to use Paypal and banking services, so that's stopping them from using bitcoin

I do think is reason is a big problem. For some reason people feel it is dangerous so they avoid it all together. There should come a solution for this. More & better PR perhaps?

nejibens

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Some people don't feel safe when using Bitcoin, they think it's not safe method and prefer to use Paypal and banking services, so that's stopping them from using bitcoin

jjoorriissjjuuhh

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Some people really need their fast transfers or the assurance of the gov backing up their money.
It is how it is, not everyone can invest. Because BTC will be investing till the price is very stable. A year is not enough if such a big rise and drop happened before that.

Hellacopter

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There is some false lies and false infos about Bitcoin make many people stopping from using Bitcoin nowadays, for example they think it's just a "virtual" currency and couldn't be real money which is wrong of course

Elyes Zebda

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the price is fluctuating

fkvidar

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Quote from: kuntulu on March 20, 2016, 01:24:21 PM

many of them have not even heard about bitcoins, so using it as a currency is a very big deal for them, and many countries don't accept bitcoins as a mode of payment so people don't know that they can make a payment using bitcoins.

That is the problem in majority of the countries and i don't think that it will be solved very easily, we nee to wait long for the day when we could spend our bitcoin directly to buy something.

ronaldinho_07

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There is no currency that is stable all the year they got their fluctuation over the yeas,thats where they are able to make their profit.People wont use bitcoin as they dont trust on it and before it hit a significant ammount as happened already at the 1000 dollars when we get near those value we will see people returning and coming into bitcoin.But the easy answer is they dont know what it is,and what they can do with it the advantages of it.

kuntulu

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many of them have not even heard about bitcoins, so using it as a currency is a very big deal for them, and many countries don't accept bitcoins as a mode of payment so people don't know that they can make a payment using bitcoins.

Aamir1

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Quote from: bitgolden on March 20, 2016, 01:06:44 AM

Quote from: nejibens on March 17, 2016, 12:34:58 PM

I think many Bitcoin's users enjoyed using it because it's good price, so if the price get down for less than 100$ i think that encourage some people to stopping from using it

Yes, dropping price discourage people from its use but I think if anyone have interest in bitcoin and it raising price then he should also have to learn about trading and have to learn about its pricing strategy.

Ofcourse dropping price is always a discouragement for people but i don't think the price of bitcoin can drop so much in such a small period of time as the price took years to reach this place and it is predicted to go even higher this year so if it falls down then it will take quite a long time for that.

bitgolden

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Quote from: nejibens on March 17, 2016, 12:34:58 PM

I think many Bitcoin's users enjoyed using it because it's good price, so if the price get down for less than 100$ i think that encourage some people to stopping from using it

Yes, dropping price discourage people from its use but I think if anyone have interest in bitcoin and it raising price then he should also have to learn about trading and have to learn about its pricing strategy.

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Quote from: Imoote on March 19, 2016, 11:51:33 PM

Quote from: kenot21 on March 19, 2016, 11:23:47 PM

Quote from: tampazeus on March 19, 2016, 04:56:11 PM

Negative feedbacks from Government, Media and Press is diverting the minds of the people and they start thinking negative about bitcoins that it is illegal currency.

your right!!! most of the government hate it because they can't control it, helping the banks stay on their feet. And the press are making bitcoin a bad reputation without telling the good side on using it.

Yes indeed in some places there were legalized bitcoin, I do not know what the reason. But it will not make people stop using bitcoin in the area. I'm sure some people are desperate to use it. And I do not know why bitcoin on the illegal.

yes, maybe bitcoin legalized because a lot of people who say that bitcoin is always used for illegal transactions, but if they know what exactly bitcoin, I believe they will use it. they only rate bitcoin from the government and the media are constantly making bad news about bitcoin

Imoote

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Quote from: kenot21 on March 19, 2016, 11:23:47 PM

Quote from: tampazeus on March 19, 2016, 04:56:11 PM

Negative feedbacks from Government, Media and Press is diverting the minds of the people and they start thinking negative about bitcoins that it is illegal currency.

your right!!! most of the government hate it because they can't control it, helping the banks stay on their feet. And the press are making bitcoin a bad reputation without telling the good side on using it.

Yes indeed in some places there were legalized bitcoin, I do not know what the reason. But it will not make people stop using bitcoin in the area. I'm sure some people are desperate to use it. And I do not know why bitcoin on the illegal.

kenot21

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Quote from: tampazeus on March 19, 2016, 04:56:11 PM

Negative feedbacks from Government, Media and Press is diverting the minds of the people and they start thinking negative about bitcoins that it is illegal currency.

your right!!! most of the government hate it because they can't control it, helping the banks stay on their feet. And the press are making bitcoin a bad reputation without telling the good side on using it.

tampazeus

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Negative feedbacks from Government, Media and Press is diverting the minds of the people and they start thinking negative about bitcoins that it is illegal currency.

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Stories about cryptolocker and others.. People don't want their money to be stolen by
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MaxTax

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Quote from: Kevin77 on March 19, 2016, 03:24:36 PM

Quote from: CryptoBjorn on March 17, 2016, 10:27:37 AM

Well I think its mostly the bad name the bitcoin itself has because of the criminals that are using it, but that should be no risk.
The other thing I'm thinking is that people are to scared to invest in it because its still a risk you are taking.

The criminal make their way in any currency they find, it is true that it provide anonymity for the criminals but for that we do not have to be denied with such a beneficial currency, the states have to find legal methods for it.

Criminals are low life scum bags. They jump into anything if they see it's profitable.
The reason people are not using bitcoin is not because of them though. I tend to believe most of the people are not aware of bitcoin.

Kevin77

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Quote from: CryptoBjorn on March 17, 2016, 10:27:37 AM

Well I think its mostly the bad name the bitcoin itself has because of the criminals that are using it, but that should be no risk.
The other thing I'm thinking is that people are to scared to invest in it because its still a risk you are taking.

The criminal make their way in any currency they find, it is true that it provide anonymity for the criminals but for that we do not have to be denied with such a beneficial currency, the states have to find legal methods for it.

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Quote from: jkrules on March 19, 2016, 01:16:52 PM

Quote from: extrabyte on March 19, 2016, 12:31:18 PM

Quote from: simonloff on March 19, 2016, 06:37:28 AM

People probably run scared because it is an internet thing. Maybe In a way it is understandable because a hacker can steal all your money in a matter of seconds but still if you secure yourself it can be like a bank.

every one can secure his self. by just to getting some knowledge about how to safe bitcoins from hackers. hackers can hack everything. but if we use the right ways and follow all rules of saving our money then our money will be safe for long time. and we can also use paper wallets, paper wallet can't be hacked.

the main thing stopping people is the fact that its so hard to buy bitcoins you have to get so many verifications done to purchase.

Agree with that. This detour makes it unatractive for the average user.

jula551

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fact of there still being made new coins and scamming bitcoins in the process,sure damage the concept of bitcoin, i dont understand why people keep creating coins instead being using the current ones, as i know have been made for everything you may need, one of them is bitcoin.

jkrules

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Quote from: extrabyte on March 19, 2016, 12:31:18 PM

Quote from: simonloff on March 19, 2016, 06:37:28 AM

People probably run scared because it is an internet thing. Maybe In a way it is understandable because a hacker can steal all your money in a matter of seconds but still if you secure yourself it can be like a bank.

every one can secure his self. by just to getting some knowledge about how to safe bitcoins from hackers. hackers can hack everything. but if we use the right ways and follow all rules of saving our money then our money will be safe for long time. and we can also use paper wallets, paper wallet can't be hacked.

the main thing stopping people is the fact that its so hard to buy bitcoins you have to get so many verifications done to purchase.

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