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Topic: What's stopping people from using bitcoin? - page 23. (Read 202139 times)

hero member
Activity: 910
Merit: 1000
In my mind it's low of introduction of btc my self learn about it from who work with that and have income so I did too read it from net it was hard to find what does it
Some people never heard about bitcoin because of no electricity or internet connection in their places. not all people are fortunate to have gadgets to use to surf online. i guess that is one of the problem because they have no knowledge regarding bitcoin.

Lack of knowledge is the major problem for people not using bitcoin, if they have never heard about it then we cannot expect them to start using bitcoins.
hero member
Activity: 3010
Merit: 629
In my mind it's low of introduction of btc my self learn about it from who work with that and have income so I did too read it from net it was hard to find what does it
Some people never heard about bitcoin because of no electricity or internet connection in their places. not all people are fortunate to have gadgets to use to surf online. i guess that is one of the problem because they have no knowledge regarding bitcoin.
hero member
Activity: 840
Merit: 1000
In my mind it's low of introduction of btc my self learn about it from who work with that and have income so I did too read it from net it was hard to find what does it

That is a mind juggler. Grin But I understand some. There are videos now that makes introductions about bitcoin and they did it as hard as they can to make it easy for viewers to understand it. I can provide some links if you want. Just pm me.

Before we expect them to watch those videos, they should know that there is something called bitcoin, if they have not even heard about, its difficult to imagine that they will those videos.
legendary
Activity: 3262
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
In my mind it's low of introduction of btc my self learn about it from who work with that and have income so I did too read it from net it was hard to find what does it

That is a mind juggler. Grin But I understand some. There are videos now that makes introductions about bitcoin and they did it as hard as they can to make it easy for viewers to understand it. I can provide some links if you want. Just pm me.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform


There are many people who are aware about it but don't want to invest their money into it as they have fear of loosing their money in something that they really don't know.
if a person is aware of bitcoin and know about bitocin. and still he is afraid to invest in bitocin. so its mean that he has no trust on bitcoin. and actually he do not know any thing about bitcoin.
come on dude,if that's the case,they just aware of their money,no one could predict the future,anything could be happening,seems they still in fear so not worthy to invest cause the fear could become a trouble in the future,and bitcoin is not just about investing
newbie
Activity: 22
Merit: 0
In my mind it's low of introduction of btc my self learn about it from who work with that and have income so I did too read it from net it was hard to find what does it
sr. member
Activity: 252
Merit: 250
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?

99% of the people don`t use bitcoin because they don`t understand it.That`s the main reason.

People who understand bitcoin,don`t use it because they don`t know how to earn btc and where

and for what to spend it.That` just my theory.



There are many people who are aware about it but don't want to invest their money into it as they have fear of loosing their money in something that they really don't know.
if a person is aware of bitcoin and know about bitocin. and still he is afraid to invest in bitocin. so its mean that he has no trust on bitcoin. and actually he do not know any thing about bitcoin.
legendary
Activity: 1008
Merit: 1000
Maybe some people just do not believe in the future and do not think that they are going to be able to make as much money as most people are thinking.
I am not going to stop using Bitcoin because for me it is working out.
yeah exactly which we call Insecurity: It may be popular among the people but not trust worthy because people are still afraid what if bitcoin is simply scam like many others in internet. Most of the internet users are still unaware of bitcoin because bitcoin is not creating
any kind of awareness programs.

There is absence of promotional events in bitcoin which can make it more popular among the people, if it is promoted on higher level then it will create an awareness among the people.
hero member
Activity: 700
Merit: 500
Maybe some people just do not believe in the future and do not think that they are going to be able to make as much money as most people are thinking.
I am not going to stop using Bitcoin because for me it is working out.
yeah exactly which we call Insecurity: It may be popular among the people but not trust worthy because people are still afraid what if bitcoin is simply scam like many others in internet. Most of the internet users are still unaware of bitcoin because bitcoin is not creating
any kind of awareness programs.
sr. member
Activity: 406
Merit: 250
The main problem is lack of desire to use it, the second one is poor knowledge about bitcoin and the third is problems with internet connection or electricity.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
most people only knows that bitcoin is just another currency and can only be used online w/out knowing that bitcoin already exist and already have it own value, more awareness and more info will attract them to invest and place their money in, i will think that another year or two this currency will more popular,.

And also most of them dont believe that it can be used to be a real money just need to convert it to fiat or maybe not interested . Just like my friend after i've learned about bitcoin I tried to introduce it to him also and he gets interested to it but after a few days he said he did not get or understand everything with bitcoin but I think he is not truly interested so he ignored it .
legendary
Activity: 2030
Merit: 1030
Privacy is always important
I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
Yes, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.
Yes I too the main problem with bitcoins is lack of knowledge. Many people are unaware from the existennce of
cryptocurrencies. Only the ones involved with computer related works, get familiar with bitcoin ecosystem. Also, many people who know about aren't very sure about it, they find it difficult to acknowledge a virtual currency.
though im afraid that we cannot change this problem to be honest because people will not want to know anything more about something they htink it is illegal, i think there should be news programs that tell that it isnt illegal
Yeah advertising in tv shows is the best that you can promote bitcoin for daily and weekly advertising so that more people will be interested in bitcoin and expect for bitcoin indemand and more price increase if it will happen..
sr. member
Activity: 406
Merit: 250
I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
Yes, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.
Yes I too the main problem with bitcoins is lack of knowledge. Many people are unaware from the existennce of
cryptocurrencies. Only the ones involved with computer related works, get familiar with bitcoin ecosystem. Also, many people who know about aren't very sure about it, they find it difficult to acknowledge a virtual currency.
though im afraid that we cannot change this problem to be honest because people will not want to know anything more about something they htink it is illegal, i think there should be news programs that tell that it isnt illegal
hero member
Activity: 1120
Merit: 507
I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
Yes, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.
Yes I too the main problem with bitcoins is lack of knowledge. Many people are unaware from the existennce of
cryptocurrencies. Only the ones involved with computer related works, get familiar with bitcoin ecosystem. Also, many people who know about aren't very sure about it, they find it difficult to acknowledge a virtual currency.
legendary
Activity: 1638
Merit: 1046
Some people are clever you know and there are stupid peopel and the stupid ones are investing right now into the bitcoin i can tell you one thing and that is that
the bitcoin is not worth to the world anymore the price will only drop allot after the halving for sure.


In my opinion people masses are not using BTC because of the technicality, People love doing things simply "success of Creditcards is an evidence of that", BTC would be more interactive, also confirmations etc... would make it a more complicated and time-taking process. BTC is very convenient for country to another country transactions IMO but not for buying stuff at the mall etc.


Yeah bitcoin can be just like a bank that has credit card but the difference is we are using devices mobile phones that you can withdraw in bitcoin atm..
Just like in singapore and i think some people are attracting it because they can also savings and gain benefits in bitcoin price increase..
But they are still stopping bitcoin because many bad company are scam. like investing site like hashocean they believe before that hashocean is trusted but in few months in their balance gone or the site is down never comeback..
full member
Activity: 210
Merit: 100
most people only knows that bitcoin is just another currency and can only be used online w/out knowing that bitcoin already exist and already have it own value, more awareness and more info will attract them to invest and place their money in, i will think that another year or two this currency will more popular,.
Bitcoin do has it's own value but let's not remove the fact that bitcoin is base in USD value where USD is our national currency and it's widely used all over the world. So if bitcoin is not yet accepted then we have a chance to convert it to USD and use that currency for awhile.
hero member
Activity: 546
Merit: 500
Maybe some people just do not believe in the future and do not think that they are going to be able to make as much money as most people are thinking.
I am not going to stop using Bitcoin because for me it is working out.
sr. member
Activity: 363
Merit: 250
Some people are clever you know and there are stupid peopel and the stupid ones are investing right now into the bitcoin i can tell you one thing and that is that
the bitcoin is not worth to the world anymore the price will only drop allot after the halving for sure.


In my opinion people masses are not using BTC because of the technicality, People love doing things simply "success of Creditcards is an evidence of that", BTC would be more interactive, also confirmations etc... would make it a more complicated and time-taking process. BTC is very convenient for country to another country transactions IMO but not for buying stuff at the mall etc.



It's the simplicity indeed. Everyone wants do to things without thinking. Just but your card there enter a code and that's it.
With bitcoin online but also offline things are a little bit complicated for them, so they avoid it.
hero member
Activity: 574
Merit: 500
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?

99% of the people don`t use bitcoin because they don`t understand it.That`s the main reason.

People who understand bitcoin,don`t use it because they don`t know how to earn btc and where

and for what to spend it.That` just my theory.


Davis196 i agree with you,its not you're theory,it is also mine theory too Smiley
People are afraid of something they dont know,it was like this for a thousands of years.
Why it would change now? people dont know bitcoin well,it is something new,so they dont get involved with it.It is scary for them to loose money because they have deposited on some mystery btc wallet hahaha.
sr. member
Activity: 434
Merit: 250
Some people are clever you know and there are stupid peopel and the stupid ones are investing right now into the bitcoin i can tell you one thing and that is that
the bitcoin is not worth to the world anymore the price will only drop allot after the halving for sure.


In my opinion people masses are not using BTC because of the technicality, People love doing things simply "success of Creditcards is an evidence of that", BTC would be more interactive, also confirmations etc... would make it a more complicated and time-taking process. BTC is very convenient for country to another country transactions IMO but not for buying stuff at the mall etc.

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