What's stopping people from using bitcoin? - page 130.

HarHarHar9965

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Quote from: joinal on January 20, 2016, 02:05:18 AM

Quote from: rio3233 on January 13, 2016, 05:08:20 AM

I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.

I think not everyone will stop if prices fall touched $ 50, I think everyone would stop using, when bitcoin worthless or dead
but I think it's impossible

Only few people believed in the rise of bitcoin and started buying much they can during the value fall during the past week. One thing people much going through is the secure nature of bitcoin. People who had never trusted the technology and fearing to decentralized nature some has stopped buying , invested those they have earned from their accounts for their future growth.

ajun96

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Quote from: Rizky Aditya on January 20, 2016, 01:39:12 AM

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

although loving fiat, fiat money will still be old-fashioned and will be left, perhaps for now people prefer fiat,
but I will not stop using bitcoin, just because fiat money

joinal

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Quote from: rio3233 on January 13, 2016, 05:08:20 AM

I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.

I think not everyone will stop if prices fall touched $ 50, I think everyone would stop using, when bitcoin worthless or dead
but I think it's impossible

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People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

goinmerry

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Quote from: blackmachinegun on January 19, 2016, 10:15:40 AM

Quote from: arbitrage on January 18, 2016, 11:03:55 AM

Adoption is slow process, but more and more people coming!
China is crazy for bitcoins , they have cheap electricity and large bitcoin mining farms..

growth is very fast have very many users of bitcoin who countless
I will stop using if everyone no longer using bitcoin but I think it's impossible

They maybe the one who will that 21 million mark Grin

. Fast mining everyday. It is like gold mined all over the world and nothing left. If that happen bitcoin price will increase also like gold and those who hold it will be rich. Grin

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Quote from: Duomo on January 18, 2016, 01:19:42 PM

First, not many people have heard of bitcoins in general. You would be surprised the number of individuals who have no idea what a crypto-currency is. Second, the idea of what is bitcoin is misconstructed in a negative way. People are starting to think and associate bitcoins as "evil" or criminal when in actuality, bitcoins are a efficient way to transfer money to anyone extremely quickly. Third, people might think bitcoins are too technical or for people who are extremely technologically savvy when that is not the case. Anyone can start using bitcoins within a few minutes if introduced and they can set up a wallet very simply.

Yes, lack of information is the main reason for bitcoins are not used commonly in my country. Yes majority of people have not heard about bitcoins. Price fluctuations also affect this but as Bitcoins are going very well, and all the people will get adopt it very soon.

blackmachinegun

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Quote from: arbitrage on January 18, 2016, 11:03:55 AM

Adoption is slow process, but more and more people coming!
China is crazy for bitcoins , they have cheap electricity and large bitcoin mining farms..

growth is very fast have very many users of bitcoin who countless
I will stop using if everyone no longer using bitcoin but I think it's impossible

ajun96

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for me, because I never buy bitcoin, I earn a bitcoin of work in bitcoin
if it is very difficult to get bitcoin, maybe I'll stop for using

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Quote from: owm123 on January 19, 2016, 08:23:31 AM

With articles like this one from today
https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/

even less people will be potentially interested in using bitcoin.

Thats not fair. Now only more people are getting into it. The recent drastic fluctuations might have stopped a few number of users.

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Quote from: owm123 on January 19, 2016, 08:23:31 AM

With articles like this one from today
https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/

even less people will be potentially interested in using bitcoin.

The writer seems a big hater of Bitcoin and crypto currencies generally, and it's exaggerating a lot, he's writing his bad feelings and wishings towards Bitcoin, but i think this article is a lot far of the Bitcoin's reality nowadays.

goinmerry

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Quote from: owm123 on January 19, 2016, 08:23:31 AM

With articles like this one from today
https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/

even less people will be potentially interested in using bitcoin.

Whew,!!! That is really really bad. Thanks for the article though. They keep on taking down bitcoin but I believe it wont be took down just like that. With more people using it someday it will be acknowledged.

owm123

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With articles like this one from today
https://www.washingtonpost.com/news/innovations/wp/2016/01/19/r-i-p-bitcoin-its-time-to-move-on/

even less people will be potentially interested in using bitcoin.

goinmerry

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Quote from: bitlancr on January 18, 2016, 07:47:31 AM

Quote from: goinmerry on January 18, 2016, 07:42:48 AM

Quote from: HostSurf on January 12, 2016, 12:00:49 PM

People probably run scared because it is an internet thing. In a way it is understandable because a hacker can steal all your money in a matter of seconds.

I agree with you. Some think it is just an artificial money though that it cannot be used in the real world. But they just have to try it to see what is really going on. Lack of experience can also be a problem to why they cant start.

The problem is also people think it is money for criminals. Therefore they think they should avoid it. Which is quite sad actually.
Let's hope this will change in the near future.

It is changing. It is being used know for different kinds of helping. I forgot what is called of that one group where they collect some donation through bitcoin... Ohhh I think it is called BitCare or BitHelp something like that.

owm123

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Quote from: beerlover on January 18, 2016, 02:29:23 PM

With bitcoin debit cards we can use bitcoins same as fiats at almost every shop now a days. So, there would be any stopper for people using bitcoins if they opt for bitcoin debit cards.

But why would ppl use bitcoin debit cards over regular cards? There is no reason for this.'

And using bitcoin debit cards misses the point of bitcoin anyway. So just like with regular cards, with bitcoin debit cards, you are dependant on a company issuing bitcoin debit card to process the transactions. So you are giving control of your spendings to a third party. So why would anyone do it? They already have banks doing the same thing.

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Quote from: RCan06 on January 18, 2016, 03:06:40 PM

This has probably been mentioned many times, but I think it comes down to the general population in the developed world being pretty ignorant to change. People don't want to do much that requires effort to change their ways. This includes integrating a new currency when it isn't totally necessary right now. A vast amount of society is also unwilling to put in the effort to learn about things that don't include day to day gossip of celebrities, trending tv shows or their own personal lives.

To many people it's: Why learn about healthy eating habits, greener 'environmentally conscious' ways of living, new economic ways of transferring wealth, when it requires effort and it's 'boring' ?

I think an ever increasing merge into mainstream society is how BTC will grow. Right now you actually have to research it to use it, that requires a good amount of effort and a learning curve. Eventually it will just a thing, like fiat currency is to people. You don't have to learn about it, its just there to use.

It's not that bad. People are afraid of new things.
But if the innovation is good, they will adapt in the end.

RCan06

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This has probably been mentioned many times, but I think it comes down to the general population in the developed world being pretty ignorant to change. People don't want to do much that requires effort to change their ways. This includes integrating a new currency when it isn't totally necessary right now. A vast amount of society is also unwilling to put in the effort to learn about things that don't include day to day gossip of celebrities, trending tv shows or their own personal lives.

To many people it's: Why learn about healthy eating habits, greener 'environmentally conscious' ways of living, new economic ways of transferring wealth, when it requires effort and it's 'boring' ?

I think an ever increasing merge into mainstream society is how BTC will grow. Right now you actually have to research it to use it, that requires a good amount of effort and a learning curve. Eventually it will just a thing, like fiat currency is to people. You don't have to learn about it, its just there to use.

beerlover

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With bitcoin debit cards we can use bitcoins same as fiats at almost every shop now a days. So, there would be any stopper for people using bitcoins if they opt for bitcoin debit cards.

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possible for people who are new to bitcoin, and try to collect using the faucet may not be an easy thing for them, maybe they thought it would be a very long time to collect bitcoin faucet alone, and leaving bitcoin.

Duomo

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☃

First, not many people have heard of bitcoins in general. You would be surprised the number of individuals who have no idea what a crypto-currency is. Second, the idea of what is bitcoin is misconstructed in a negative way. People are starting to think and associate bitcoins as "evil" or criminal when in actuality, bitcoins are a efficient way to transfer money to anyone extremely quickly. Third, people might think bitcoins are too technical or for people who are extremely technologically savvy when that is not the case. Anyone can start using bitcoins within a few minutes if introduced and they can set up a wallet very simply.

arbitrage

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l dont think people are stupid many of them just dont have standard of living.
Many of them working dont have time to read or think what is bitcoin..
Vast majority of people don't have major life needs..

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