What's stopping people from using bitcoin? - page 106.

extrabyte

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Quote from: simonloff on March 19, 2016, 05:37:28 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.

CasioK

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Quote from: barbara44 on March 18, 2016, 01:44:43 PM

Quote from: khalized on March 17, 2016, 09:25:27 AM

yes there are a lot of problems that don't help "median" user to embrace btc:

- unstable prices
- scam risk
- you have to study how to use it
- you need to understand how save your coins

After all are these the best problems with btc....as my friends says when I talk about it.

The first one, which is “unstable price” matters more because with that those people who are unaware with trade and are not efficient to covert their bitcoin to fiat will try to stay away.

But not only for bitcoin, for all new currency which a person tries to adopt for the first time require to study about that currency and to learn how to manage for that currency in ororder for daily use.

haileysantos95

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Quote from: btc-facebook on March 19, 2016, 11:05:06 AM

Quote from: umaOuma on March 18, 2016, 04:11:05 PM

Lack of awareness and lack of knowledge is making people to stay away from bitcoins and also the price fluctuations is a major factor responsible for that.

My Goverment also take apart to prevent civilian for using it because using bitcoin as same as using crime money ( undetectable )
So although people still using it, they will use for their own risk !

People who have knowledge about bitcoin cant be stop by government,government see it as crime money but user see at as innovative payment system.

btc-facebook

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Quote from: umaOuma on March 18, 2016, 04:11:05 PM

Lack of awareness and lack of knowledge is making people to stay away from bitcoins and also the price fluctuations is a major factor responsible for that.

My Goverment also take apart to prevent civilian for using it because using bitcoin as same as using crime money ( undetectable )
So although people still using it, they will use for their own risk !

trickyriky

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Quote from: Aamir1 on March 19, 2016, 10:54:01 AM

Quote from: simonloff on March 19, 2016, 05:37:28 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.

Hacking your coins won't be easy or i would say he won't be able to steal your coins if you have a little knowledge and you can make your coins safe, all you need to do is a little research about how to keep your bitcoins safe.

lol when guberments of the globe finally get sick of bitcoin and crypto they will destroy it be knocking out the electricity grids or the under sea fiber optic internet cables, never put all your eggs in 1 basket Wink

Aamir1

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Quote from: simonloff on March 19, 2016, 05:37:28 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.

Hacking your coins won't be easy or i would say he won't be able to steal your coins if you have a little knowledge and you can make your coins safe, all you need to do is a little research about how to keep your bitcoins safe.

simonloff

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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.

honeyhtet

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I think it should be more about what is encouraging people to use it rather than what is stopping them from using it, Current financial system like creditcards are too easy to use and encourage the person not to think about it anymore than money.

umaOuma

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Lack of awareness and lack of knowledge is making people to stay away from bitcoins and also the price fluctuations is a major factor responsible for that.

Jmild1

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The boundness of fiat to their life makes people to not use things like crptocurrency. Well, you can make a person that bound fiat "realize that bitcoin has value" by hitting their curiousness. But to do this is the question I can't answer

martinacar

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Some people think the bitcoin itself has a bad reputation due to his reputation about its used by criminals, of course this is just so not true but they are thinking it.
Other people are just thinking its too difficult for them.

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Quote from: Blackmet on March 18, 2016, 01:54:40 PM

Quote from: rahmawati6718 on March 18, 2016, 11:17:14 AM

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

It's not about stopping if they don't know what bitcoin is Grin

AMO people stopping from using becouse scared of smth new and also don't understand all advanteges of bitcoin.

Yes they hesitate in trying something new, it is very rightly said that people resist change and that is the reason they don't want to experiment with their money.

Blackmet

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Quote from: rahmawati6718 on March 18, 2016, 11:17:14 AM

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

It's not about stopping if they don't know what bitcoin is Grin

AMO people stopping from using becouse scared of smth new and also don't understand all advanteges of bitcoin.

barbara44

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Quote from: khalized on March 17, 2016, 09:25:27 AM

yes there are a lot of problems that don't help "median" user to embrace btc:

- unstable prices
- scam risk
- you have to study how to use it
- you need to understand how save your coins

After all are these the best problems with btc....as my friends says when I talk about it.

The first one, which is “unstable price” matters more because with that those people who are unaware with trade and are not efficient to covert their bitcoin to fiat will try to stay away.

Aamir1

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Quote from: rahmawati6718 on March 18, 2016, 11:17:14 AM

reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

I actually agree with you on that, it is the true reason why people are not using bitcoin obviously because they are not aware of it or no one ever tried to explain it to them, the benefits the grow everything, if they come to know then they will surely do it.

rahmawati6718

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reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries.

agustina2

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Lack of resources to get into bitcoin is one of the example. Not all are enjoying some method to earn bitcoin. They found it boring.

Others don't have the ability to buy coins thru their fiat money.

magemist

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Most of all what is stopping people from using it would be the uncertainty of where it will go. Whether it be good or bad, people don't like to put anything into it unless it is a surething.

hkla241

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liquidity bitcoin is stopping many newbies to get into the markets to buy and invest. They think this is just a scheme,,

Pollak

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Pollak

Quote from: fruitcommander on March 17, 2016, 09:47:54 AM

Quote from: CryptoBjorn on March 17, 2016, 09:27:37 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.

Criminals use all currencies not only bitcoins, then why people are pointing finger only on bitcoins? People should not hate it only because of this one reason, they should see other benefits associated with it.

They will stop if they know that you also can lose some money and that will be not good. But its better to hold if the value is low.
I hope later that more people can have some good profit of it and that they can make Bitcoin more popular.

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