Topic: What's stopping people from using bitcoin? - page 109. (Read 202161 times)
Bad information leaked by media is one way that people are thinking of using bitcoin. Very bad advertisements can really lead to a fall of one currency.
Probably the lack of motivation, People don't do things for no reason at all, There is currently no motivation to use bitcoin generally and as soon as there is a positive stimulation "like discounts etc..." people would use it.
I don't think lack of motivation can be the reason, because most of the people are not aware of bitcoin and it's advantages that we may have in near future i think that is the main reason why people are not using bitcoin now.
I would say the wait times. The confirmation times mean that you can't use them in physical stores. Sometimes I have have to wait 1 hour for one confirmation, and this is not viable in the physical market.
I think it's not about what's stopping people from using bitcoin but rather what is encouraging them to use bitcoin, I think if there are discounts or the like then it would be more encouraging for them to use it.
yeah agree with you because we rarely see someone stop using bitcoin. it rarely happens right ?which they feel is grateful for can join in bitcoin. when prices are low like this
Now the scenario doesn't encourage people to enter bitcoin. They themselves need to enter by learning rather than some external force. This normally happens when we have the option to use bitcoin everywhere.
I'm very sure if the market is gonna get more users the stores are gonna used it and more users will come from that again, its just a round circle, there is no marketing and its also not a real currency's some people do not trust it.
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?
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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?
Without bothering to be certified at Coinbase/Circle, it is way too hard to purchase Bitcoins online.
I think it's not about what's stopping people from using bitcoin but rather what is encouraging them to use bitcoin, I think if there are discounts or the like then it would be more encouraging for them to use it.
That's actually a very good point. Credit card adoption went through the roof starting in the mid 1990s when card providers were offering cashback on the sales. Before that people preferred to use cash. Soon as cashback was offered, people switched all their spending to the card to get the maximum cashback they could.
I think it's not about what's stopping people from using bitcoin but rather what is encouraging them to use bitcoin, I think if there are discounts or the like then it would be more encouraging for them to use it.
yeah agree with you because we rarely see someone stop using bitcoin. it rarely happens right ?which they feel is grateful for can join in bitcoin. when prices are low like this
Now the scenario doesn't encourage people to enter bitcoin. They themselves need to enter by learning rather than some external force. This normally happens when we have the option to use bitcoin everywhere.
I think it's not about what's stopping people from using bitcoin but rather what is encouraging them to use bitcoin, I think if there are discounts or the like then it would be more encouraging for them to use it.
yeah agree with you because we rarely see someone stop using bitcoin. it rarely happens right ?which they feel is grateful for can join in bitcoin. when prices are low like this
I think the only way that people stop using bitcoin i think is if they know bitcoin is scam or they are scam in investment or cloudmining site. thats why they are stopping using it.. people want to have profits or to earn money day by day online but if they experience about bitcoin currency after investing their bitcoin in any investment site or any site that turn into scam. they think that bitcoin is scam so its better to stop using it..
But the truth is they know how bitcoin is.. too many distruction in online about bitcoin mostly for investment site its a bad image for bitcoin thats why users of bitcoin is decreasing..
But the truth is they know how bitcoin is.. too many distruction in online about bitcoin mostly for investment site its a bad image for bitcoin thats why users of bitcoin is decreasing..
I think it's not about what's stopping people from using bitcoin but rather what is encouraging them to use bitcoin, I think if there are discounts or the like then it would be more encouraging for them to use it.
Price Fluctuation is the major issue here, volatility is the major concern that people are staying away from bitcoins, if this issue is solved than we can see many new investors entering into the world of bitcoins.
nope I think the fluctuation does not make people stop using bitcoin. even they can profit from bitcoin fluctuations. even many people liked fluctuations including me. if the fluctuations disappear and bitcoin price becomes stable. I am sure many traders out of the bitcoin ?
Probably the lack of motivation, People don't do things for no reason at all, There is currently no motivation to use bitcoin generally and as soon as there is a positive stimulation "like discounts etc..." people would use it.
Probably it being very much linked to the technical aspects of computer and something people consider to be exclusive to computer fans and not the regular population, that's not the real case since bitcoin is a currency and everyone can use it.
The same I have felt with people while describing about our bitcoin. Such thinking will fade off when bitcoin is used by people who are not much into technology.
They will stop with Bitcoin if they lose a lot of money so that is bad. And than they will realize it is all wasted money.
But it is actually too late, because they lost already a lot of money and that is not good. So people must know that there are risks.
But it is actually too late, because they lost already a lot of money and that is not good. So people must know that there are risks.
Price Fluctuation is the major issue here, volatility is the major concern that people are staying away from bitcoins, if this issue is solved than we can see many new investors entering into the world of bitcoins.
difficult to bitcoin can be stabilized it means only will fewer people will join. because the fluctuation is the original nature of bitcoin and will continue to stick to the bitcoin 
Probably it being very much linked to the technical aspects of computer and something people consider to be exclusive to computer fans and not the regular population, that's not the real case since bitcoin is a currency and everyone can use it.
when looking at things financially, it should be what is encouraging people to use bitcoin rather than what is stopping them, there is currently few reasons to use it but none of them are related to the general population, if there are discounts on using bitcoin it would encourage people to use it.
Another reason is that in order to buy something with bitcoins, you have to buy coins first.
So why buy the coins when you can buy the product you want to have directly.
So why buy the coins when you can buy the product you want to have directly.
Everyone has the choice which route. if one can buy a product comfortable with fiat or card, s/he can go ahead and do it. for some people though, anonymity is an issue.
i don't wanna use paypal for same reason why most people here in bticointalk don't use paypal as well.
Its better to wait longer and wait if the price is going to rise. Than you can have later some profit.
I guess that is a no way to stop. Risk will always be there when trading it. That should be considered whenever you're doing that. Getting up and earning back what is lost is the solution for this.
Another reason is that in order to buy something with bitcoins, you have to buy coins first.
So why buy the coins when you can buy the product you want to have directly.
So why buy the coins when you can buy the product you want to have directly.
Everyone has the choice which route. if one can buy a product comfortable with fiat or card, s/he can go ahead and do it. for some people though, anonymity is an issue.
i don't wanna use paypal for same reason why most people here in bticointalk don't use paypal as well.
Its better to wait longer and wait if the price is going to rise. Than you can have later some profit.
Another reason is that in order to buy something with bitcoins, you have to buy coins first.
So why buy the coins when you can buy the product you want to have directly.
So why buy the coins when you can buy the product you want to have directly.
Everyone has the choice which route. if one can buy a product comfortable with fiat or card, s/he can go ahead and do it. for some people though, anonymity is an issue.
i don't wanna use paypal for same reason why most people here in bticointalk don't use paypal as well.
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