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Topic: What's stopping people from using bitcoin? - page 131. (Read 202161 times)

legendary
Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
They aren't using Bitcoin because 90% of the people in the world are stupid. Everything needs to be dumbed down for them to understand it and no one has figured out how to dumb down Bitcoin enough yet. As soon Bitcoin products are released that are as simple to use as a debit card Bitcoin can spread.

This guy needs to be able to use it first.
hero member
Activity: 1204
Merit: 500
I think a lot of people who stop using bitcoin because the price is not stable, you're also announcing that the price of bitcoin is always up and down, maybe young investors invest the money they have when the price of bitcoin is high, and when the price dropped them in shock and stop using bitcoin
sr. member
Activity: 252
Merit: 250
i am sure,this news about bitcoin death will make some people stop using bitcoin,and also lack of knowledge will become problem that make people stop using bitcoin.
hero member
Activity: 560
Merit: 500
Lot of people didn't even hear about bitcoin.
l have feeling there is mainstream media darkness when we come to bitcoin news.
SilkRoad is mentioned every time they speak about bitcoin.
So we have conspiracy against Bitcoin! Cool
hero member
Activity: 698
Merit: 500
Free Speech is the most important thing.
There's still a lot of people that don't understand about bitcoin.

Maybe if we spread the news about bitcoins, it will attracts more people. After that, more people will use bitcoin.

People say the same thing for more than 2 years. Some people say Bitcoin doesn't have a killer app. I think Bitcoin is already a killer app itself. If you want to send money worldwide you should pick only Bitcoin. Technology should focus on worldwide payments. Western Union and Paypal has a great market cap. Bitcoin should get their cut from it.
hero member
Activity: 560
Merit: 500
hero member
Activity: 560
Merit: 500
Adoption is slow process, but more and more people coming!
China is crazy for bitcoins , they have cheap electricity and large bitcoin mining farms..
full member
Activity: 224
Merit: 100
There's still a lot of people that don't understand about bitcoin.

Maybe if we spread the news about bitcoins, it will attracts more people. After that, more people will use bitcoin.
hero member
Activity: 672
Merit: 500
I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency
member
Activity: 98
Merit: 10
I'm pretty sure one of the biggest problem is that is actually hard to buy bitcoins, for example with visa/mastercard, there are not many trusted websites that you can go and just buy bitcoins without first validating your account with id and bla bla. Localbitcoins is also a poor choice, again the same problems + insane prices compared to the market.

There is a lot of trusted exchange sites selling Bitcoin online like Localbitcoins, Coinbase, and so on.
But the problem this exchange sites don't offer their services worldwide usually and there is some payment methods (like Paypal for example) not available worldwide as well

That is very true. I am slowing getting some of my friends to at least become more educated about Bitcoin. It is hard sometimes to explain Bitcoin in a way that doesn't sound like it is some sort of scam.
hero member
Activity: 742
Merit: 500
I'm pretty sure one of the biggest problem is that is actually hard to buy bitcoins, for example with visa/mastercard, there are not many trusted websites that you can go and just buy bitcoins without first validating your account with id and bla bla. Localbitcoins is also a poor choice, again the same problems + insane prices compared to the market.

There is a lot of trusted exchange sites selling Bitcoin online like Localbitcoins, Coinbase, and so on.
But the problem this exchange sites don't offer their services worldwide usually and there is some payment methods (like Paypal for example) not available worldwide as well
member
Activity: 98
Merit: 10
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.

Funny though, since one could easily argue that fiat is money for criminals (banks/gov)
hero member
Activity: 490
Merit: 500
I'm pretty sure one of the biggest problem is that is actually hard to buy bitcoins, for example with visa/mastercard, there are not many trusted websites that you can go and just buy bitcoins without first validating your account with id and bla bla. Localbitcoins is also a poor choice, again the same problems + insane prices compared to the market.
hero member
Activity: 616
Merit: 500
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.
legendary
Activity: 2940
Merit: 1083
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.
hero member
Activity: 672
Merit: 500
I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.
If someone really get into bitcoin they'll bought bitcoin at this current price like what just happen few months back when price down into 200$ and go up after that to 500$, this situation really give you big chance

Bitcoin price can not predict. If bitcoin price down you can buy bitcoin cheapest and then hold and save bitcoin until the price increases high in dollars
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.
If someone really get into bitcoin they'll bought bitcoin at this current price like what just happen few months back when price down into 200$ and go up after that to 500$, this situation really give you big chance
sr. member
Activity: 241
Merit: 250
The gorv they wont accept something out of thier control .
sr. member
Activity: 434
Merit: 250
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.
legendary
Activity: 2492
Merit: 1018
I think it's because they either heard something negative about bitcoin
or they find it hard to understand how bitcoin works and they would rather stick with whatever they are used to.

Yeah negative news but also fear. Since it's new and they don't understand it.
It's logical too. If you are an outside and think of machines making money you will laugh about it

When I first heard of bitcoin, i was never impress because of the word "COIN" to it. I was just thinking these are just pennies.
And the fact that I don't understand how to use the wallet simply made me shy away.  The news about its value made me think of gaining btc though.
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