What's stopping people from using bitcoin? - page 117.

blackmachinegun

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Quote from: Ocalebeth on February 17, 2016, 08:43:58 AM

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

I'll say. that bitcoin users. who have lived here a long time. already familiar with it. many media who have done stupid things like proclaiming that bitcoin currency is illegal, but it will not make us stop

betohell

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Quote from: Bitcoinbro on February 17, 2016, 02:05:31 PM

Well the most people in the world doesn't even know what the bitcoin is, also the bitcoin has a bad name because of the media.
I think if the bitcoin is getting more on the news but on a good way we will rise soon to a big community.

i think about bad media says about bitcoin, will not make people stop. it make other people not interesting with bitcoin

MTBTT

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Quote from: lister storm on February 17, 2016, 04:51:29 PM

only they themselves can stop from using their bitcoins, no one disallows it as far as i know

nope. i think any ekternal reason so he shpuld out. like price drop to $1. i think like this

BTCdoctor

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I think the fact that they dont know about it.

lister storm

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only they themselves can stop from using their bitcoins, no one disallows it as far as i know

voztata

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Quote from: DOGE12321 on February 12, 2016, 11:39:17 PM

there isnt really a definite answer for that. it depends on the person. Each person is different.Everyone would have their own limitations. one of the main reasons would be that most of our senior population have no idea of as to what Bitcoin is.

however, this doesnt mean that i dont support everyone using bitcoin. i do recommend bitcoin now in our modern world. Now at least.

No, it do not depends on people but it depends on spreading the news and knowledge about, the more we spread the knowledge about it the more will people trust on it and will support it, if some do not have got enough knowledge about it then he will not rely on it.

youdamushi

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Definitely the community. You got nearly only assholes dumbasses and scammers xD

And you're free to put me and anyone else in the category you find suited!

Bitcoinbro

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Well the most people in the world doesn't even know what the bitcoin is, also the bitcoin has a bad name because of the media.
I think if the bitcoin is getting more on the news but on a good way we will rise soon to a big community.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: angryrob on February 12, 2016, 12:29:46 PM

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

Yes, the newbies with lack of knowledge do not ever invest in there, as they will have a fear that one day the bitcoin will go much down and they will lose their amount. But it is a feature of any currency, the prices goes up and down in any currency, in some on large svale and in some on small scale.

sartorpc

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1st reason, because it is hard to understand how it work and what is it, second reason, because it is a bit expensive and there are not many real places to spend it, unless you are in a very developed country or city.

Pattart

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Quote from: Ocalebeth on February 17, 2016, 08:43:58 AM

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

people who have already joined the bitcoin will not believe what is written by media. they just crap about bitcoin

Red-Apple

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Quote from: Ocalebeth on February 17, 2016, 08:43:58 AM

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

i doubt if Media's FUD spreading is the main reason but i am sure it plays a significant role in pushing people away.

teilwalL05

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Quote from: nanonymousx on February 17, 2016, 08:38:18 AM

I think the main reason is the lack of motive generally, people probably need a motive making using it much cheaper and easier to use or both. If it was made to be sent automatically by a device like creditcards etc... or with much cheaper price.

But you don't need any amount in making bitcoin wallet or an account here on bitcoin talk and you can learn how to earn here in this forum, I really think it is lack of knowledge in bitcoin that is why people really don't like to use it, me at first I thought it is difficult at first.

Ocalebeth

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Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

nanonymousx

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I think the main reason is the lack of motive generally, people probably need a motive making using it much cheaper and easier to use or both. If it was made to be sent automatically by a device like creditcards etc... or with much cheaper price.

FrannWilder

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Quote from: MaritiJames3 on February 17, 2016, 05:30:42 AM

You can lose a lot of money with Bitcoin. You need to take the risk that you must invest in Bitcoins. And you dont know if you lose or win your money.
People are stopping because the value of Bitcoin is now very low and they are angry about it. They need all patience and then just wait for a good moment to sell it.

People will use it, because they want profit. But the price is now very low.
I think that is now not good. The value is now not so good. And we hope that it will be more worth later.

MaritiJames3

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You can lose a lot of money with Bitcoin. You need to take the risk that you must invest in Bitcoins. And you dont know if you lose or win your money.
People are stopping because the value of Bitcoin is now very low and they are angry about it. They need all patience and then just wait for a good moment to sell it.

LarryHocks

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Quote from: fricircled on February 15, 2016, 04:11:08 AM

Quote from: diodio5 on February 15, 2016, 03:41:12 AM

Quote from: angryrob on February 12, 2016, 12:29:46 PM

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

I think nope. someone who already joined with bitcoin. of course have known this problem and I am sure they have understood and understand the fluctuations, so I thought fluctuation is not an important issue for the people stopping in using bitcoin

For the people who just know the bitcoin, they will see the volatility of the price and think it is just a tool for speculation.

People are very negative about the value now of Bitcoin. The value now is quite low, and I think the most people dont like it.
We all hope later that Bitcoin will rise up later, and have a good value in the future so we can sell it with profit.

goinmerry

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Quote from: ?? on ??

Rumors always affect bitcoin value that happen last month when some exchange werent processing something i dont remember the problem and price went from 300 to 180 dollars in a flash moments,then to recover hell it took sometime,soo say that is impossible bitcoin being worth 0 dollars is insane,if a problem ,that bitcoin should have one,and someone may find it,it can easy kill the altcoins,but i doubt can happen otherwise crypto world would die with bitcoin i doubt others altcoins can survive without the father or the king.People connect bitcoin as some scam attemp or black market currency.

Due to the fact that bitcoin is an online currency rumors can really affect it. We dont have a physical object to see if the rumor is real or not. Plus it might just be made by the government through media to bring bitcoin down again.

CasioK

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Quote from: angryrob on February 12, 2016, 12:29:46 PM

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

Fluctuation in price never stop people to use it but it will attract people to come for it, as it is one of the benefiting feature of a currency to earn with. The traders are interested in it because of this reason, they buy when the price is low and sell when it come up again.

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