What's stopping people from using bitcoin? - page 156.

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Quote from: knowhow on November 07, 2015, 06:36:22 AM

Well scammers do their things at fiat before and now doing at bitcoin ,nothing new on this area,before bitcoin you got scammed.

yes, but there is a difference between fiat scam's and bitcoin .
no one is going to take away the money i am having in some locker in my home ,but it is more likely to get stolen when they are in blockchain or any exchange...You need too many precautions to keep them safe.

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Quote from: Jeremycoin on November 06, 2015, 05:13:14 AM

The Scams, so many scams happening in this world of Bitcoin.
Cloud mining scams, trading scams, and any other scams.
That's why people stop to use Bitcoin, because they got scammed.

Very good point. Indeed, Bitcoin is based on scams and black market; without them, BTC value would be near zero.

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They don't know a thing about it!. That is stopping them mostly. )

knowhow

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Well scammers do their things at fiat before and now doing at bitcoin ,nothing new on this area,before bitcoin you got scammed.Bitcoin hasnt achieve its potencial and there is a small people using it ,without a mass adoption and trust on it we will see bitcoin frozen,but we are going to the 7 year online and we are growing in numbers of community as well.

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The Scams, so many scams happening in this world of Bitcoin.
Cloud mining scams, trading scams, and any other scams.
That's why people stop to use Bitcoin, because they got scammed.

Nahl

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if you see the bitcoin price right now i do believe people won't stop using bitcoin but if the price back to $0.30 just like the first time bitcoin was launched at 2009
probably people will begin to leave bitcoin but i think it's impossible to see bitcoin price down again to $0.30

RKing

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Quote from: knowhow on November 05, 2015, 02:42:41 PM

The volatility of bitcoin is one of the things that atracted the most investors into the crypto world,sure some people may had losted their money,but they still in this kind of game.Dollars moves around 10% and has a good interest into it,bitcoin moves around 20% and above soo its a high risk investment that may turn into a great return.

The volatility of bitcoin is good for traders treating bitcoin as a tool for making quick money. It is good for the usage of bitcoin.

Any currency with too much volatility will be a useful. Not many people will store it.

knowhow

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The volatility of bitcoin is one of the things that atracted the most investors into the crypto world,sure some people may had losted their money,but they still in this kind of game.Dollars moves around 10% and has a good interest into it,bitcoin moves around 20% and above soo its a high risk investment that may turn into a great return.

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Quote from: lihuajkl on November 03, 2015, 09:36:43 AM

It is just virtual commodity, in one day it can fluctuate 35%, far more than our dominant dollar!
https://www.washingtonpost.com/news/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

So what, its still a small baby compared to the dollar.

Wait a few years, wait a few more millions and then see that the volatility will be smaller and smaller.

After it stabilizes it will be a great money vehicle.

goinmerry

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It is not stopping people from using bitcoin it is the ignorance and not knowing that there are this types of currency. Bitcoin needs to be advertised but govrnments are stopping it from happening. With a lot of people uaing bitcoin, every countries currency might go down.

lihuajkl

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It is just virtual commodity, in one day it can fluctuate 35%, far more than our dominant dollar!
https://www.washingtonpost.com/news/the-switch/wp/2013/12/10/this-finance-expert-thinks-bitcoin-will-fall-99-percent-by-june/

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Bitcoins, even though being cashless, wireless and a globally accepted currency, still people have doubt on it's working method. And, that's why maybe some people even though knowing about btc, aren't using it. Some of the reasons are.
(1) Bitcoins are still not famous in their country and has very low attention
(2) Rate of bitcoins in their fiat currency is not ok for them.
(3) They still have doubt on privacy as bitcoins work on a system of bitcoin address and private keys of transaction.

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if there is something better and easier than bitcoin. eventually people will leave bitcoin Grin

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Quote from: goinmerry on November 03, 2015, 08:36:39 AM

Quote from: danherbias07 on November 03, 2015, 06:51:04 AM

Quote from: Wapinter on November 02, 2015, 04:20:00 PM

Yesterday I saw a article about bitcoin in local Hindi Newspaper.This is the first time I see anything related to bitcoin in Hindi Newspaper.No need to say many of the readers would be hearing about bitcoin for the first time. I think its a positive sign and will definitely encourage more people to use bitcoin.

That is good. But? there will always be a but. Will people trust the newspaper? the media or the government? the government always win. They can control everything. That news writer must be really tough for posting that on newspaper. And he might also have some connections to put that there.

That newspaper could be a start for some readers though. I agree that the government is stopping the hike of bitcoin. They say that it is a crime to trust bitcoin. That it is used for criminal acts like ransoms and drugs.

In all honesty I think that at least 70% of the people who read newspapers are too technically illiterate to use bitcoin.

We need to dumb this shit down so that even my granny could use it.

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Quote from: danherbias07 on November 03, 2015, 06:51:04 AM

Quote from: Wapinter on November 02, 2015, 04:20:00 PM

Yesterday I saw a article about bitcoin in local Hindi Newspaper.This is the first time I see anything related to bitcoin in Hindi Newspaper.No need to say many of the readers would be hearing about bitcoin for the first time. I think its a positive sign and will definitely encourage more people to use bitcoin.

That is good. But? there will always be a but. Will people trust the newspaper? the media or the government? the government always win. They can control everything. That news writer must be really tough for posting that on newspaper. And he might also have some connections to put that there.

That newspaper could be a start for some readers though. I agree that the government is stopping the hike of bitcoin. They say that it is a crime to trust bitcoin. That it is used for criminal acts like ransoms and drugs.

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Quote from: danherbias07 on November 03, 2015, 06:51:04 AM

Quote from: Wapinter on November 02, 2015, 04:20:00 PM

Yesterday I saw a article about bitcoin in local Hindi Newspaper.This is the first time I see anything related to bitcoin in Hindi Newspaper.No need to say many of the readers would be hearing about bitcoin for the first time. I think its a positive sign and will definitely encourage more people to use bitcoin.

That is good. But? there will always be a but. Will people trust the newspaper? the media or the government? the government always win. They can control everything. That news writer must be really tough for posting that on newspaper. And he might also have some connections to put that there.

Most countries have restrictions and guidelines that publishers must follow. If it is allowed to go on newspaper, that means the government isn't restricting Bitcoin. Even if it's something bad, people would become interested about the currency and research about it.

danherbias07

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Quote from: Wapinter on November 02, 2015, 04:20:00 PM

Yesterday I saw a article about bitcoin in local Hindi Newspaper.This is the first time I see anything related to bitcoin in Hindi Newspaper.No need to say many of the readers would be hearing about bitcoin for the first time. I think its a positive sign and will definitely encourage more people to use bitcoin.

That is good. But? there will always be a but. Will people trust the newspaper? the media or the government? the government always win. They can control everything. That news writer must be really tough for posting that on newspaper. And he might also have some connections to put that there.

bitmarket.net

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Quote from: JforJoker on October 16, 2015, 08:09:54 AM

So after reading this article and especially the ending:

Quote

One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?

As it has been said before, the answer is quite complex.

What do you mean by "using bitcoins" ?
Is it speculating with bitcoins, using it as a long-term investment, paying with bitcoins for goods and services or using it for remittances and payments ?

CoinNation

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We need more media exposure of bitcoin or blockchain technology or anything else related to bitcoin. It is better for the exposure to be positive.

RealBitcoin

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Quote from: Lauda on October 16, 2015, 08:40:19 AM

You're asking a very complex question. This question can not be answered with a reason or two. There are many factors in play. Maybe Bitcoin is still too complex for some people. Besides, the majority are ignorant and closed-minded (change is hard to accept).

The biggest problem is lack of awareness. I got this thread where I put forward my suggestions:

https://bitcointalksearch.org/topic/delete-1171565

But the biggest problem is lack of awareness. I`m not sure if more than 5% of the population are aware of bitcoin at all. Need more advertising guys!

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