What's stopping people from using bitcoin? - page 20.

crairezx20

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Quote from: naidray on July 10, 2016, 08:23:10 AM

Quote from: Bitcoinbro on July 09, 2016, 04:41:57 PM

Quote from: CasioK on July 09, 2016, 01:50:37 PM

Quote from: danherbias07 on July 07, 2016, 07:45:15 PM

Quote from: BitcoinPaw on July 07, 2016, 05:27:17 PM

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.

Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.

The problem is, most of the government controls the mass media that is probably the main reason that they are not usually positive with bitcoins and particularly with bitcoin community too. They like to monopolize the currency of their country, usd for example in the America.

Not only in that way that people stop using bitcoin and i think the main reason because bitcoin has already a bad image if you know about MMM which is a company that they can attract people to their company using bitcoin. but most of the review about mmm its a scam and they still promoting mmm here in our country which is scam.. people didnt know about this company but they are learning about actual how bitcoin works..

naidray

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Quote from: Bitcoinbro on July 09, 2016, 04:41:57 PM

Quote from: CasioK on July 09, 2016, 01:50:37 PM

Quote from: danherbias07 on July 07, 2016, 07:45:15 PM

Quote from: BitcoinPaw on July 07, 2016, 05:27:17 PM

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.

Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.

The problem is, most of the government controls the mass media that is probably the main reason that they are not usually positive with bitcoins and particularly with bitcoin community too. They like to monopolize the currency of their country, usd for example in the America.

Mokuton

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Lack of understanding and risk associated with uncertainty. But that can all change once more people are aware of how amazing bitcoin is. For now just enjoy that you've discovered it and the ride Wink

20kevin20

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Try to explain Bitcoin to your parents/grandparents. When I first did (2013, after it reached $1k, the hype was everywhere), they didn't understand what it was at all. Now they do, but they still don't trust it. I don't either, because everything here is virtual. But they wouldn't put their money in a virtual currency.

TGD

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Wen Rolex?

Fear of losing of the price will going down,i think that's the only reason why they are afraid using bitcoin it's already happen back to 2012 or 2013 when the price of bitcoin go to 1000$ and back again the at lower price .they fear to waste there money to something that they don't really sure what well happen.

Bitcoinbro

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Quote from: CasioK on July 09, 2016, 01:50:37 PM

Quote from: danherbias07 on July 07, 2016, 07:45:15 PM

Quote from: BitcoinPaw on July 07, 2016, 05:27:17 PM

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.

Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.

Bitcoinbro

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What is stopping people from using the bitcoin is mostly that it has a good future but the worth is not good.
Another thing is that people do not want to take the risks because you can lose money due to the worth.

marcuslong

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Quote from: Wapinter on May 12, 2016, 05:28:41 AM

Quote from: senyorito123 on May 08, 2016, 01:50:20 AM

Quote from: JessicaSe on May 08, 2016, 01:43:45 AM

Quote from: fkvidar on May 08, 2016, 01:33:35 AM

I think majority of people are not aware about bitcoin yet, and if they don't know then we cannot expect that they will start using it.

Exactly, lack of knowledge is a big issue here, as many people have not even heard about bitcoin so its difficult to expect that they will start using it.

Yeah lack of knowledge seems the issue why people doubting to use bitcoin and they are afraid to stake with it because they are afraid to lose their money because they dont know where to go and where to ask if they have problems about bitcoin and some other people are not really aware to it and seems it new to their eyes.

It is not lack of knowledge but lack of faith that prevent people from using bitcoin.Even a person with good understanding of blockchain and crypto technology may be skeptical about Bitcoin.Faith and knowledge are two completely different things

As for me, it is both. Lack of knowledge and lack of faith. Because since the people dont have any faith when it comes to this type of currency, they don't bother to find out what it really is and the opportunities in it. Or since the people are lack of knowledge about it, they can have their faith in it. Which is really applicable in real life situation. Like for example, how can you trust someone whom you doesn't know much yet right?

marcuslong

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Quote from: Digitalbitcoin on July 09, 2016, 01:42:34 PM

Still governments of global countries are not prepared to accept this revolution as it was just a dream. And its really comes true.

For adoption and circulation of digital currency it will take some time. Already there been 8 years gone. As Bitcoin is the biggest invention of this century we must have to go beyond to make its simple and easy to use for day to day expensives too.

YEah Digitalbitcoin you are so right. There are countries whose government are restricting the use of bitcoins in their countries for some reasons. In addition to that if there are countries who are allowed by their governments to use bitcoins, still the people are not using it since they are lack of knowledge about it and they don't know the opportunities in using bitcoins. But I hope someday, this things will get resolved.

marcuslong

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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 for me, I think it is the awareness of majority of the people in this world that is stopping people from using bitcoins. Because why would you risk on something that is not generally acceptable. The second reason is the price spread? The difference between the buying and the selling. Since the value of bitcoin is high it means that the spread between the buying and the selling is also high which gives us unecessary losses.

CasioK

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Quote from: danherbias07 on July 07, 2016, 07:45:15 PM

Quote from: BitcoinPaw on July 07, 2016, 05:27:17 PM

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.

Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

Digitalbitcoin

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Still governments of global countries are not prepared to accept this revolution as it was just a dream. And its really comes true.

For adoption and circulation of digital currency it will take some time. Already there been 8 years gone. As Bitcoin is the biggest invention of this century we must have to go beyond to make its simple and easy to use for day to day expensives too.

jonatuzc

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Quote from: Doamader on July 08, 2016, 08:03:09 PM

Quote from: Akupuniard on July 08, 2016, 04:43:03 PM

People just don't know how to or even don't know about bitcoin, sometimes people can't use it cause it illegal in country where are they live.

Lets say the most people dont know bitcoin, i dont know no one at my region that knows bitcoin, or had read about it. Media are hiding bitcoin from public, only online people as we are able to search about bitcoin and make their decisions.

Media isn't hiding bitcoin to the public. I have a friend that works in one of the biggest media outlets and her position is quite high. I asked her about bitcoins and she said she'd already have heard of it, but there isn't anything interesting to report about it just yet. Or at least that's what she said.

bapparabi

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Less knowledge about bitcoins is the only thing according to me that is stopping people from using bitcoins.Bitcoin is still too complex for many people so they just ignore it and use direct money which they can see and touch.

hermanhs09

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Quote from: mentaken on July 09, 2016, 08:29:13 AM

It's good that bitcoin is anonymous, but when your money get's stolen by a data breach on a website, all they have to do is withdraw money to an anonymous bitcoin wallet. And the police ain't gonna help you.
That's why I am afraid of using bitcoin sometimes.

And not only you,i think this is the main reason that people are scared about using btc,cause when u have
bank account and there will be some stealing,there is chance that they will catch him
In bitcoin,there is actually almost no chance.

PokerFace3

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Quote from: shinratensei_ on July 08, 2016, 08:46:59 PM

Quote from: boyptc on July 08, 2016, 08:18:02 AM

Quote from: TGD on July 08, 2016, 03:06:53 AM

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?

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.

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.

I sure if the scam sites become an important reason to make people stop using bitcoin because they always losing their amount and not getting their money back. and require them to put new funds to investment. I will feel depression if that's happened in myself.

Well yaa Scam sites are one of the reason to stop people from using bitcoins. But the experience can us cautious and wise. People should also acknowledge the good side of using bitcoins. I also believe that the conservative mind of many people is keeping them away from bitcoins. They don't see bitcoins as assets.

Chris!

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Quote from: mentaken on July 09, 2016, 08:29:13 AM

It's good that bitcoin is anonymous, but when your money get's stolen by a data breach on a website, all they have to do is withdraw money to an anonymous bitcoin wallet. And the police ain't gonna help you.
That's why I am afraid of using bitcoin sometimes.

NO. Bitcoin isn't anonymous. It's pseudonymous. You can clearly see where your bitcoins went at any given time. You can then follow them for as long as you want. Someone always owns that address but the name/IP attached may not lead you to the culprit as quickly as you wanted.

How to protect your bitcoins though? Don't ever use online wallets. Coinbase.com, blockchain.info, Xapo wallet. Just don't use these centralized wallets. There's no need to. If you're looking for great security then you should make paper wallets on an Ubuntu Live USB. This way you know you don't have any malware as its a brand new fresh OS each time you use it.

hermanhs09

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Quote from: mentaken on July 09, 2016, 08:29:13 AM

It's good that bitcoin is anonymous, but when your money get's stolen by a data breach on a website, all they have to do is withdraw money to an anonymous bitcoin wallet. And the police ain't gonna help you.
That's why I am afraid of using bitcoin sometimes.

yeah but it may also be one of cons of it,i think that also stops people from using bitcoin.
They are scared that some anonymous people will steal they money,and they will not get caught.

mentaken

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It's good that bitcoin is anonymous, but when your money get's stolen by a data breach on a website, all they have to do is withdraw money to an anonymous bitcoin wallet. And the police ain't gonna help you.
That's why I am afraid of using bitcoin sometimes.

danherbias07

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Quote from: Vhern on July 09, 2016, 06:05:10 AM

The primary reason I can contribute is people stopping from using BTC when they have lost everyBTC they have in gambling or trading and just start a new life with different perspective at least in my opinion.

That should not be the reason to stop but it can be for others. They did it their own risk and they dont have to blame bitcoin for losing. Might as well learn from that mistake.

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