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Topic: What's stopping people from using bitcoin? - page 147. (Read 202140 times)

full member
Activity: 210
Merit: 100
December 08, 2015, 06:15:23 AM
Bitcoin has no killer app yet. That stops people from using bitcoin everyday.
I personally don't use bitcoin every day, because i don't need to/its not easier/faster etc.
There are situations that Bitcoin is better, but they are not that common.

this is a silly reason, bitcoin is the killer application itself, no need for fancy stuff to advertise it, it's money

people simple choose or not to use this new money, if not it's because they do not trust it, seeing how we are speaking about money, only trust matter here

This kind of makes sense. I mean if bitcoin were to be popular, it has to offer something much more to general consumers, something easy to use and understand. To the general population, bitcoin is still rather complicated to understand. A killer application where combines ease of use together with trust, will make it more appealing to potential users. Purse.io is one of such applications bitcoin requires.
legendary
Activity: 3248
Merit: 1070
December 08, 2015, 04:55:18 AM
Bitcoin has no killer app yet. That stops people from using bitcoin everyday.
I personally don't use bitcoin every day, because i don't need to/its not easier/faster etc.
There are situations that Bitcoin is better, but they are not that common.

this is a silly reason, bitcoin is the killer application itself, no need for fancy stuff to advertise it, it's money

people simple choose or not to use this new money, if not it's because they do not trust it, seeing how we are speaking about money, only trust matter here
legendary
Activity: 1470
Merit: 1004
December 08, 2015, 12:03:39 AM
Bitcoin is useless for daily needs. BTC is good if you want to buy weed and similar staff or to make speculations with its price.
Also, you can "invest" in HYIPs.

BTC is an e-currency like any other but more than that, it's hard to be used. It cannot compete with the debit cards which are fast and accepted everywhere.
legendary
Activity: 2296
Merit: 1014
December 07, 2015, 11:57:52 PM
Bitcoin has no killer app yet. That stops people from using bitcoin everyday.
I personally don't use bitcoin every day, because i don't need to/its not easier/faster etc.
There are situations that Bitcoin is better, but they are not that common.
member
Activity: 79
Merit: 10
December 07, 2015, 11:52:14 PM
They think the market will crash eventually, don't want to lose their money and other vulnerabilities.
legendary
Activity: 1862
Merit: 1004
December 07, 2015, 11:41:55 PM
The main thing is the idea of another big scam like Mt Gox, or another big crash, also caused by Mt Gox. Everyone's scared that their assets will be worth nothing.
That second part of your sentence might be actually true. I heard that argument from people a lot, they don't believe that bitcoin will keep its price because there is no one who can guarantee that.
There is no organization or country to back that faith and bitcoin is not supported by anything significant in their opinion. What should I say to the people who talks like that?
hero member
Activity: 532
Merit: 500
December 07, 2015, 11:35:40 PM
The main thing is the idea of another big scam like Mt Gox, or another big crash, also caused by Mt Gox. Everyone's scared that their assets will be worth nothing.

Mt Gox is a exchange scam but that nothing related to stop people using bitcoin. But that motivated people to use their own desktop wallets than online wallets
legendary
Activity: 3458
Merit: 6948
Top Crypto Casino
December 07, 2015, 09:33:55 PM
Bitcoin cannot (yet) compete with the protection and security of debit cards and all that other stuff.  And no one gets paid in bitcoin and you don't pay bills with it.  I've yet to hear a good argument against this.
legendary
Activity: 938
Merit: 1002
December 07, 2015, 08:48:20 PM
The main thing is the idea of another big scam like Mt Gox, or another big crash, also caused by Mt Gox. Everyone's scared that their assets will be worth nothing.
legendary
Activity: 1120
Merit: 1000
December 07, 2015, 08:29:13 PM
so many reason that caused people to stop using bitcoin but the most influence is when people didn't trust bitcoin anymore, and other reason like they dont know how to spend and purchased their bitcoin on online as well as ofline, also bitcoin's popularity is the one of factor that influence the people to stop or using bitcoin
legendary
Activity: 1218
Merit: 1007
December 07, 2015, 08:27:42 PM
How can people use bitcoin if they don't know what that is. There is no commercials on TV, or internet shouting: "use new amazing payment method - Bitcoin" or something like that.
The only way new and not IT related people hears about bitcoin is from mass media TV news and I recently is all about: "bitcoin is a found for terrorists" or some other bullshit like this.
That's part of why I think we should really aim to talk about Bitcoin more in our day-to-day lives; it is far more effective than just having commercials trying to counteract the bad press.

Even if we can't directly talk to people and advocate for it, we should campaign for more companies to start using and accepting Bitcoin, and once people learn that there are more uses for Bitcoin in everyday life that isn't crime related, we can hopefully expect to see more people start using Bitcoin over time.
legendary
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
December 07, 2015, 08:23:31 PM
How can people use bitcoin if they don't know what that is. There is no commercials on TV, or internet shouting: "use new amazing payment method - Bitcoin" or something like that.
The only way new and not IT related people hears about bitcoin is from mass media TV news and I recently is all about: "bitcoin is a found for terrorists" or some other bullshit like this.
newbie
Activity: 52
Merit: 0
December 07, 2015, 08:12:21 PM
I think the ultimate decider is convenience.  If I can whip out a plastic card and pay in 2 seconds, or spend half a minute trying to send a bitcoint payment....I think the former would be what I'd pick.
sr. member
Activity: 392
Merit: 250
December 07, 2015, 07:39:39 PM
I think the idea that bitcoin value is supposed to grow, is stopping many from spending it and use actively. Why I would spend my bitcoins now, if next year their value will be higher? I can spend fiat now.
legendary
Activity: 1218
Merit: 1007
December 07, 2015, 06:18:16 PM
I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.

Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.

The sigma and misunderstanding are the biggest issues. In my personal experience Bitcoin is a lot easier to use than PayPal or traditional banking. Mainsteam needs wallets for dummies. Perhaps mobile wallets are a good step for mainstream adaption. People need some time, bitcoin is still a very young project.

I'm actually interested in your response about how Bitcoin is easier to use when you compare it to traditional banking, however I think I understand what you mean, and in a way I find that fascinating. Either way, thank you for correcting my misunderstanding.

Your comment about needing a "For dummies" wallet is exactly what I was thinking, however I'm not sure how we could create "For dummies" wallets based on our current technology. Maybe have a serial number or a wallet number (Like a telephone number) mask the actual address for quicker transactions?

I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.

Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.

The people that aren't entrepeneurs, don't do international payments and so on, will probably not see the benefits of Bitcoin until the fiat scam collapses, then they will learn the lesson the hard way. Other than that im not worried about it, let just Bitcoin develop, the devs are doing a good work, let services keep appearing and innovation happening, and it will happen sooner or later.
Well, it all depends on when the fiat scam will collapse, since the gov't always seems to figure out a way to prop it up that little bit longer. In a way I hope everyone realizes how piss-poor the current monetary system is, but we don't have the most economically smart generation, so I question if that will ever happen.

I am quite excited for the future of Bitcoin, however, and I hope we do get to see some of the things you're talking about.
hero member
Activity: 560
Merit: 500
December 07, 2015, 05:21:26 PM
People not using bitcoin because they dont know,they dont trust,they dont wanna invest into something that has a huge volatility ,besides those all factors there is a question : where can i spend or use those bitcoin?
legendary
Activity: 1610
Merit: 1183
December 07, 2015, 02:23:01 PM
I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.

Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.

The people that aren't entrepeneurs, don't do international payments and so on, will probably not see the benefits of Bitcoin until the fiat scam collapses, then they will learn the lesson the hard way. Other than that im not worried about it, let just Bitcoin develop, the devs are doing a good work, let services keep appearing and innovation happening, and it will happen sooner or later.
member
Activity: 70
Merit: 10
December 07, 2015, 02:22:07 PM
when a new invention or project is discovered, it is never implemented immediately by the so called big organizations. The reason being, it is usually given a grace period so that they see the response the invention is getting from all over the world. I am so sure that in the coming few years, the bitcoin will have been flooded since these big organization would have joined. It is just that the coin is facing several challenges which when solved will be to the benefit of all.
hero member
Activity: 672
Merit: 508
LOTEO
December 07, 2015, 01:17:52 PM
I would say that the biggest issue people have with Bitcoin right now is the easy of access that bitcoin has, the stigma that Bitcoin is used by shady criminals, and, simply put, Bitcoin does not really offer them anything that typical banks and payments systems offer. "Average" people don't see a need for anonymity, and PayPal or other platforms allow for people to complete payment quickly and move on with their lives, as opposed to having an address that they have to input via QR Code or other software, then select a specific dollar amount, then wait for the transaction to complete, etc.

Bitcoin, to fully succeed as a daily currency, has to be faster, somewhat more stable in value, has to have the public have more positive views about it, and, as stupid as it seems, needs to be easier to use.

The sigma and misunderstanding are the biggest issues. In my personal experience Bitcoin is a lot easier to use than PayPal or traditional banking. Mainsteam needs wallets for dummies. Perhaps mobile wallets are a good step for mainstream adaption. People need some time, bitcoin is still a very young project.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
December 07, 2015, 12:54:16 PM
I almost lost interest with bitcoin because of gambling Cheesy stupid reason isnt it.
Lose all of my bits And lose interest with bitcoin. Might wanna quit bitcoin but i cant. If i quit i dont have any entertainment on internet.
I guess not many people wanna quit finding bitcoin

Because it's easy to use and always available to you. That's why it's easy for you to use it on online gambling sites. I am always tempted to place bets but I try my best to keep holding of off it.

Ive never gambled yet with btc, Although i have made stupid buys on altcoins so maybe that does count as gambling. My lkuck is usually bad so no point in me trying out the dice Sad
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