I think people just don't see it as an actual currency. Also it goes up and down in price all the time. Few shops will honor the payment when they see the transaction on the blockchain (within seconds) but for larger purchases retailer needs 3+ confirmation which sometimes ends up being an hour.
Yes, the main price of the Bitcoin is stopping people from using Bitcoin. This will fluctuate daily, and we don't know when it will go down. And one more thing our country government is not accepting Bitcoin as a legal currency. So is govt accept Bitcoin as a legal currency then no one can stop people from using Bitcoin. 
Topic: What's stopping people from using bitcoin? - page 16. (Read 202172 times)
Maybe some people just do not believe in the future and do not think that they are going to see as much profit as they can. I am not going to stop using Bitcoin because for me it has become a part of my soul.
I think people just don't see it as an actual currency. Also it goes up and down in price all the time. Few shops will honor the payment when they see the transaction on the blockchain (within seconds) but for larger purchases retailer needs 3+ confirmation which sometimes ends up being an hour.
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It does not require government's authority. It does not happen only with BTC.I believe is that lack of places to spend bitcoin, In my country i can hardly buy anything from bitcoin, mostly i can just store and exchange and nothing beyond that. If i could live without fiat i would do that, but only thing stopping me from using it is unavailability to spend. I blame this on media and governments. From media we get that everything can be hacked, and we all know the governments part.
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It does not require government's authority. It does not happen only with BTC.I believe is that lack of places to spend bitcoin, In my country i can hardly buy anything from bitcoin, mostly i can just store and exchange and nothing beyond that. If i could live without fiat i would do that, but only thing stopping me from using it is unavailability to spend. I blame this on media and governments. From media we get that everything can be hacked, and we all know the governments part.
Bitcoin is much more complicated than fiat is.
I think it is the main reason why most people hav not tried bitcoin yet.
I think it is the main reason why most people hav not tried bitcoin yet.
It is not that complicated if you are just a currency user. It is just like using a credit card or paypal. It will be complicated if you are a developer or at least a miner, you will have to deal with a lot of technicalities. But for normal user, it is just receive and send bitcoins. And we can just use online wallet.
For me it is very convenient to use sending money, paying bills and receiving money for other users.
Maybe they are just too lazy to learn something new. And bitcoin is quite a new idea to them. They are not willing to embrace something that is new to them. But I think, if people will just give it even a little try, they will appreciate the good things that bitcoin offers to its users.
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It does not require government's authority. It does not happen only with BTC.Yes you are right and I think that is not fair at all that you are going to think that bitcoin is used for illegal transactions.
How about the real money it is also used for illegal purposes.
You must be transparent on it because we know the truth that anything involves money there's an illegal transaction.
As long as you are not connected to illegal transactions. Then you are safe at all. But for those people who are just starting their journey with bitcoins then for sure they are just going to stop at all whenever they heard some negative thoughts about bitcoin.
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It does not require government's authority. It does not happen only with BTC.Yes you are right and I think that is not fair at all that you are going to think that bitcoin is used for illegal transactions.
How about the real money it is also used for illegal purposes.
You must be transparent on it because we know the truth that anything involves money there's an illegal transaction.
I think we are failing low on the front of awareness and the fact is that we are in evolution phase. I relate this with topic with older days of social networking. When orkut was on the top of our bookmarks but nobody actually complained about time taking features of it but when facebook popped out with better user interface and advanced features orkut eventually collapsed. Let’s go back further, when people were living in barter cashless society in ancient period, money popped out as a effective medium and people started using it instead of barter system. Now when people are going towards digital cashless society with better forms of money they will eventually accept it. Each and every long term thing took time to settle.
Each generation is very open to accept new inventions. The more the new invention reduces the time and energy, the new invention is more welcomed. As you say down the line to 10 or 20 years later , the degital currency may rule the world. There is no surprise to this. We can exprect this to happen. If it will happen it will be most profitable miner if some one can create it .
Than we can actually remain slow on bitcoin mining,because this guy would not like to show other miner's how is he getting that big profits out of mining bitcoin,or other altcoin.
Im still wondering,if nobody will invent anything like that,and every year btc mining gets less profitable,then what will be the time to get 1 confirmation ,in let's say 2030?
I think we are failing low on the front of awareness and the fact is that we are in evolution phase. I relate this with topic with older days of social networking. When orkut was on the top of our bookmarks but nobody actually complained about time taking features of it but when facebook popped out with better user interface and advanced features orkut eventually collapsed. Let’s go back further, when people were living in barter cashless society in ancient period, money popped out as a effective medium and people started using it instead of barter system. Now when people are going towards digital cashless society with better forms of money they will eventually accept it. Each and every long term thing took time to settle.
Each generation is very open to accept new inventions. The more the new invention reduces the time and energy, the new invention is more welcomed. As you say down the line to 10 or 20 years later , the degital currency may rule the world. There is no surprise to this. We can exprect this to happen. If it will happen it will be most profitable miner if some one can create it .
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
Every currency is used for both legal and illegal purposes. It depend on the activity and the people. At times for legal works, money is used for illegal purposes. It does not require government's authority. It does not happen only with BTC. As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
no i am not agree with you. i think the main reason is that there is no practical use of bitcoin in most of our societies. and the is the reason that people are not giving so much importance to bitcoin. I think we are failing low on the front of awareness and the fact is that we are in evolution phase. I relate this with topic with older days of social networking. When orkut was on the top of our bookmarks but nobody actually complained about time taking features of it but when facebook popped out with better user interface and advanced features orkut eventually collapsed. Let’s go back further, when people were living in barter cashless society in ancient period, money popped out as a effective medium and people started using it instead of barter system. Now when people are going towards digital cashless society with better forms of money they will eventually accept it. Each and every long term thing took time to settle.
Each generation is very open to accept new inventions. The more the new invention reduces the time and energy, the new invention is more welcomed. As you say down the line to 10 or 20 years later , the degital currency may rule the world. There is no surprise to this. We can exprect this to happen. 
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
no i am not agree with you. i think the main reason is that there is no practical use of bitcoin in most of our societies. and the is the reason that people are not giving so much importance to bitcoin. Same boat in here, I don't agree too that the basis why people avoid Bitcoin because it is used for illegal activities. If this is the case then people wont be using money. Since it is far more used in illegal activities than Bitcoin. I think it is more on the awareness and technicality that people don't use Bitcoin. like people without internet can never use Bitcoin at all.
As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
no i am not agree with you. i think the main reason is that there is no practical use of bitcoin in most of our societies. and the is the reason that people are not giving so much importance to bitcoin. As bitcoin is completely anonymous and decentralized more users think that bitcoin is used for illegal activities. On this basis people avoid it and stand away from it, though it has highest price than any other currency that have existed.
no i am not agree with you. i think the main reason is that there is no practical use of bitcoin in most of our societies. and the is the reason that people are not giving so much importance to bitcoin.
I think we are failing low on the front of awareness and the fact is that we are in evolution phase. I relate this with topic with older days of social networking. When orkut was on the top of our bookmarks but nobody actually complained about time taking features of it but when facebook popped out with better user interface and advanced features orkut eventually collapsed. Let’s go back further, when people were living in barter cashless society in ancient period, money popped out as a effective medium and people started using it instead of barter system. Now when people are going towards digital cashless society with better forms of money they will eventually accept it. Each and every long term thing took time to settle.
I would say the fear of going over the government rules. That's it. I dont thing anything else Would block them use the btc. I do not have any restriction in my country. We do not even have physical btc to use. But I exchange what I earned to my currency and use them for my expense.
Bitcoin has just been legalised in Russia but use has stayed around the same.
The people i deal with don't like the long conformation times in bitcoin. I tell them about up-ing the transaction fee but they don't understand, they think they will pay too much.
Bitcoin wallets need to have a movable slider next to the send button marked as "slow and very cheap" at one end and "very fast and but still cheaper than PayPal" at the other, like ethereum wallet.
I think things would be better if Bitcoin was seen as "digital gold" to store wealth and we used Litetcoin or an other Altcoin for every day micro purchases. In the light of the Dao thing, most people are just too sceptical.
I would say the fear of going over the government rules. That's it. I dont thing anything else Would block them use the btc. I do not have any restriction in my country. We do not even have physical btc to use. But I exchange what I earned to my currency and use them for my expense.
So after reading this article and especially the ending:
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?
idont think they will stop using bitcoin specially when the bitcoin price will go rise more . but the reason you will stop using bitcoin when your multiple times got scammed and lost more money just the only reason to stop using it or bitcoin will going to dead.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?
That is really frustrating when people are getting victimized a lot of times with scam sites. I don't know if they are the reason why they are getting victimized again and again and they are not learning the lesson at all.
Jump to: