What's stopping people from using bitcoin? - page 113.

Hellacopter

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Quote from: BitcoinHodler on March 06, 2016, 10:35:48 AM

i think the biggest thing is the lack of places to spend bitcoin.
nobody hesitates on using credit cards or even in using online payment processors like Paypal because there is countless places that you can use those things but bitcoin is not the same.

if all those places that has paypal add bitcoin too then bitcoin usage is going to change for sure.

Nowadays there is a lot of marketplaces and ewallets supporting Bitcoin already, but you are right because Paypal for example still used and supported a lot more than Bitcoin till now, and i think this will change with time

BitcoinHodler

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i think the biggest thing is the lack of places to spend bitcoin.
nobody hesitates on using credit cards or even in using online payment processors like Paypal because there is countless places that you can use those things but bitcoin is not the same.

if all those places that has paypal add bitcoin too then bitcoin usage is going to change for sure.

nejibens

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Quote from: Kollor on March 06, 2016, 05:29:41 AM

Economy today still depends upon fiat, and mostly, fiat is controlled by banks, and some banks are owned by the government, and government always want control over things around it, so there is only small chance for the bitcoin to bloom and be known by every man in this world... government has no control over bitcoin that is why there is little to no promotion about it in common people...

That's true and i think that's the real reason that many official marketplaces and great companies online still not supporting Bitcoin till now

kartaggen

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Quote from: CryingMidget on March 06, 2016, 08:59:04 AM

Quote from: DeDordtenaar on March 06, 2016, 07:59:02 AM

Quote from: jethrorn99 on March 05, 2016, 07:47:07 AM

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.

hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!

Some people is stopping bitcoin of using it, because they just afraid to lose there money and they don't know how to use it.
That is why the new generation is better for them to use bitcoin and lack of business adoption is also the reason for it.

Yeah, the main issue is lack of awareness and knowledge among the people and that is the reason they prefer to stay away from bitcoins, as they have a fear of loosing their money in long term.

CryingMidget

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Quote from: DeDordtenaar on March 06, 2016, 07:59:02 AM

Quote from: jethrorn99 on March 05, 2016, 07:47:07 AM

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.

hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!

Some people is stopping bitcoin of using it, because they just afraid to lose there money and they don't know how to use it.
That is why the new generation is better for them to use bitcoin and lack of business adoption is also the reason for it.

DeDordtenaar

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Quote from: jethrorn99 on March 05, 2016, 07:47:07 AM

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.

hey mate, you can using your smartphone to using bitcoin and transact. very easy as using in a computer. digital era will to begin. prepare yourself mate!

EdenHazard

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Quote from: jethrorn99 on March 05, 2016, 07:47:07 AM

People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.

You think people will never learn about technology such as using computer or their smartphone to send / receive money?
This is 2016 and technology growing very rapidly , as did users. That matter will not stopping people from using bitcoin.

Aamir1

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Quote from: Kollor on March 06, 2016, 05:29:41 AM

Economy today still depends upon fiat, and mostly, fiat is controlled by banks, and some banks are owned by the government, and government always want control over things around it, so there is only small chance for the bitcoin to bloom and be known by every man in this world... government has no control over bitcoin that is why there is little to no promotion about it in common people...

Bitcoin has nothing to do with govrnment, it is free and it always should be, and it should be used in future how it is being used now but it should just be known by many times more people then now and nothing will stop people using bitcoin when it will come to everyone's eyes.

Kollor

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Economy today still depends upon fiat, and mostly, fiat is controlled by banks, and some banks are owned by the government, and government always want control over things around it, so there is only small chance for the bitcoin to bloom and be known by every man in this world... government has no control over bitcoin that is why there is little to no promotion about it in common people...

ajun96

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Quote from: extrabyte on March 05, 2016, 04:39:06 AM

Quote from: BakaJepoyYan on March 01, 2016, 01:13:09 AM

Maybe because of it's unstable exchange rate Grin

No i dont think its is the exchange rate. as you can see the exchange rate is very good.
I think that lack of knowledge of bitcoins to the world and bitcoin not everywhere acceptable can be the two reason.
but things are improving in the favor of bitcoins.

I think its still rare in the world stores or merchants that accept bitcoin as a payment option. but its will not make people stop to using bitcoin. will be very easy to solve this, you can immediately convert it to fiat. very easy.
I agree with the exchange rate is very influential

jethrorn99

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People are still used to using physical money (fiat) than digital money.

There's still a lot of people that having a hard time using computer,if they cant use a computer, how will they use bitcoin?

With fiat, you could just give the money and boom, transaction done.

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Quote from: avw1982 on March 05, 2016, 04:42:34 AM

Quote from: DeDordtenaar on March 05, 2016, 01:23:43 AM

Quote from: ShrykeZ on March 04, 2016, 04:54:10 PM

Knowledge and the lack of motivation to try something new, it's what stops a lot of people with new technology.

if a reason like that. they would not leave bitcoin bitcoin always in the update. I think bitcoin is new technology. people will not stop using bitcoin. because bitcoin is a sophisticated currency

Exactly right it's just lack of awareness and exposure which is stopping people from using Bitcoin hence BTC should come up with some sort of exhibition or some conference to create awareness because Bitcoin is something which most of people are looking for I mean the model and kind of thing.

I agree to the statement "because lack of motivation" because I've ever stopped using bitcoin because of that.

one more thing can stop people from using bitcoin is they didn't know the best way to collect bitcoin, the point is knowledge

extrabyte

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Quote from: Hocapoca on March 04, 2016, 10:12:29 PM

Quote from: MTBTT on March 04, 2016, 08:15:46 PM

Quote from: BakaJepoyYan on March 01, 2016, 01:13:09 AM

Maybe because of it's unstable exchange rate Grin

nope. it will not make people stop. before people joined surely he would have been aware of this risk. fluctuations will not make people stop using bitcoin

My mother, hell my whole family sees bitcoin and cryptocurrency as a gambling operation. They see it as no better than throwing craps on a table in vegas. I think for the most part it's not the instability of bitcoin prices that scare people from using it, but that it's the fear that investing your real money can be sucked away by schemes so quick you don't know what hit you.

Bitcoin and crypto currency are not bad themselves. The can be used for gambling, but same is true for all currencies.
You can do gambling with any currency. So the Bitcoin is not bad in itself. Its the usage that make it good or bad.

target

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Quote from: avw1982 on March 05, 2016, 04:42:34 AM

Quote from: DeDordtenaar on March 05, 2016, 01:23:43 AM

Quote from: ShrykeZ on March 04, 2016, 04:54:10 PM

Knowledge and the lack of motivation to try something new, it's what stops a lot of people with new technology.

if a reason like that. they would not leave bitcoin bitcoin always in the update. I think bitcoin is new technology. people will not stop using bitcoin. because bitcoin is a sophisticated currency

Exactly right it's just lack of awareness and exposure which is stopping people from using Bitcoin hence BTC should come up with some sort of exhibition or some conference to create awareness because Bitcoin is something which most of people are looking for I mean the model and kind of thing.

its an online currency of course people don't trust anything online since most security and anti hacking individual gives advises like don't give money/private information online. so when people hear about Bitcoin they simply think i could be a victim of scam because of it. They then don't engage after all they've lived thier life without btc.

avw1982

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Quote from: DeDordtenaar on March 05, 2016, 01:23:43 AM

Quote from: ShrykeZ on March 04, 2016, 04:54:10 PM

Knowledge and the lack of motivation to try something new, it's what stops a lot of people with new technology.

if a reason like that. they would not leave bitcoin bitcoin always in the update. I think bitcoin is new technology. people will not stop using bitcoin. because bitcoin is a sophisticated currency

Exactly right it's just lack of awareness and exposure which is stopping people from using Bitcoin hence BTC should come up with some sort of exhibition or some conference to create awareness because Bitcoin is something which most of people are looking for I mean the model and kind of thing.

extrabyte

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quote author=BakaJepoyYan link=topic=1210149.msg14055977#msg14055977 date=1456809189]
Maybe because of it's unstable exchange rate Grin

[/quote]

No i dont think its is the exchange rate. as you can see the exchange rate is very good.
I think that lack of knowledge of bitcoins to the world and bitcoin not everywhere acceptable can be the two reason.
but things are improving in the favor of bitcoins.

ImnotOctopus

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Quote from: Dread Pirate Roberts on March 05, 2016, 12:12:38 AM

in my opinion has 3 reason

1. already loss a lot with bitcoin
2. loosing from hacker or getting scam
3. not interest anymore

Probably is. And many people knows Bitcoin but lack of knowledge. The main reason is they dont believe to the coin and its potential in the future.

DeDordtenaar

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Quote from: ShrykeZ on March 04, 2016, 04:54:10 PM

Knowledge and the lack of motivation to try something new, it's what stops a lot of people with new technology.

if a reason like that. they would not leave bitcoin bitcoin always in the update. I think bitcoin is new technology. people will not stop using bitcoin. because bitcoin is a sophisticated currency

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Quote from: hasiramasenju on March 05, 2016, 12:20:26 AM

Quote from: BakaJepoyYan on March 01, 2016, 01:13:09 AM

Maybe because of it's unstable exchange rate Grin

i disagree with you and i think you already know that bitcoin prices has reached the lowest prices in 2015 but people still use bitcoin and my guess is if people would stopping from using bitcoin because bitcoin will banned for all countries i think this is the main factor

Unstable exchange rate can't be accepted as a issue with Bitcoin. Its the nature of the running technology behind Bitcoin. I believe more people are into Bitcoin due to its unstable price.

hasiramasenju

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Quote from: BakaJepoyYan on March 01, 2016, 01:13:09 AM

Maybe because of it's unstable exchange rate Grin

i disagree with you and i think you already know that bitcoin prices has reached the lowest prices in 2015 but people still use bitcoin and my guess is if people would stopping from using bitcoin because bitcoin will banned for all countries i think this is the main factor

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