What's stopping people from using bitcoin? - page 26.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: diodio5 on July 04, 2016, 07:19:38 PM

Quote from: rababo on July 02, 2016, 02:47:48 AM

I think lack of knowledge is the major issue here. People are not aware about bitcoin, so it makes difficult for them to start using it or invest their money on bitcoin.
If people know they could earn decent money from bitcoin, that would encourage them to use bitcoin.

yeah I think the reason it makes sense when the media reported that bitcoin is not appropriate to the circumstances that exist in addition to the media also give information or news cornered and make images bitcoin bitcoin be ugly. maybe people think that bitcoin is an enemy

Well medias are always been bias maybe the banks did pay for them to do such reports to make a black propaganda for bitcoin.
Or there is someone that really hates bitcoin.
So he seek help for the medias and destroy bitcoins reputation so that they can manipulate people.

Shibashi Dogemoto

hero member

Activity: 840

Merit: 1000

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.

diodio5

hero member

Activity: 490

Merit: 500

Quote from: rababo on July 02, 2016, 02:47:48 AM

I think lack of knowledge is the major issue here. People are not aware about bitcoin, so it makes difficult for them to start using it or invest their money on bitcoin.
If people know they could earn decent money from bitcoin, that would encourage them to use bitcoin.

yeah I think the reason it makes sense when the media reported that bitcoin is not appropriate to the circumstances that exist in addition to the media also give information or news cornered and make images bitcoin bitcoin be ugly. maybe people think that bitcoin is an enemy

pearnapple

sr. member

Activity: 504

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: terman45x on July 04, 2016, 01:12:49 PM

Quote from: newcoins1978 on July 04, 2016, 10:57:33 AM

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 if you want to make money from bitcoins then you need to have patience and even people are afraid of price volatility and they feel that they might loose their money by investing in it.

though i dont think that you need to be afraid of the price volatility because in my opinion it isnt that bad, to be honest it is really interesting for me when it happens

nothing stops people from using their bitcoins, they might not want to do that sometimes and thats it, i think that it is a really bad thing to be honest though it is how it is

terman45x

hero member

Activity: 840

Merit: 1000

Quote from: newcoins1978 on July 04, 2016, 10:57:33 AM

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 if you want to make money from bitcoins then you need to have patience and even people are afraid of price volatility and they feel that they might loose their money by investing in it.

takingthis4

sr. member

Activity: 504

Merit: 250

CryptoTalk.Org - Get Paid for every Post!

Quote from: newcoins1978 on July 04, 2016, 10:57:33 AM

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.

that might be right in my opinion, the only solution for that is not to use any of the wallets that are online and switch to cold storages such as paper wallets i think

i think people themselves only can stop them from using bitcoins because they are afraid of getting sued by governments if bitcoins become an illegal thing in their country

newcoins1978

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.

Maesters1-

sr. member

Activity: 252

Merit: 250

Quote from: Cyaren on July 04, 2016, 06:51:58 AM

Quote from: JforJoker on October 16, 2015, 09:09:54 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?

i think most people dont trust bitcoin etc because:
1) its a new thing pretty much,people dont trust new things
2) its in web,people dont trust anyone in web too (in most cases)
3) Its too pretty to be true? a lot of my friends thinks like that

how can you say that the price of bitcoin are stable now. you can see that on previous day the price of bitcoin reached to 700 USD and on next day the price decrease to 650 USD. now the rate is again touching 700 USD. So how can we call it stable i think it is a flexible rate and t a stable one.

Cyaren

sr. member

Activity: 294

Merit: 250

Quote from: JforJoker on October 16, 2015, 09:09:54 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?

i think most people dont trust bitcoin etc because:
1) its a new thing pretty much,people dont trust new things
2) its in web,people dont trust anyone in web too (in most cases)
3) Its too pretty to be true? a lot of my friends thinks like that

Jmild1

full member

Activity: 210

Merit: 100

Quote from: boyptc on July 03, 2016, 10:36:02 PM

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

For those who know bitcoin. yeah.
But the main problem we have is majority of people don't know bitcoin so they can't use the things they don't know. That's the wall we have why other people don't use bitcoin.

tabas

hero member

Activity: 3024

Merit: 745

Top Crypto Casino

Quote from: Cresciuanto on July 04, 2016, 02:27:07 AM

Quote from: boyptc on July 03, 2016, 10:36:02 PM

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

actually the people have no knowledge about bitocin. that is why they dont like it. i think they are should be properly trained about bitocin hope that they will then not hating them and they will start using it. if we also give them opportunities like to open shops

That's it why people are not using or stopping from using bitcoin is that they are really lack of knowledge about bitcoin.
But once they already knew something or the good effects of using bitcoin.
For sure they are going to use it.

Cresciuanto

sr. member

Activity: 252

Merit: 250

Quote from: boyptc on July 03, 2016, 10:36:02 PM

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

actually the people have no knowledge about bitocin. that is why they dont like it. i think they are should be properly trained about bitocin hope that they will then not hating them and they will start using it. if we also give them opportunities like to open shops

goinmerry

legendary

Activity: 2940

Merit: 1083

Quote from: CryptoBjorn on July 03, 2016, 11:33:47 PM

Quote from: boyptc on July 03, 2016, 10:36:02 PM

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

I am not sure it is because they doubt the mechanism of bitcoin. Bitcoin works, there is nothing and no one who can bring arguments in the discussion that it don't.
Bitcoin being votatile is a big problem I think. People want it simple. I buy 200 euro of bitcoins so I can spend 200 euro of money. The volatility scares them.

I guess that is their problem. The price changes. But there should be thinking out of the box. Like questions of: What if this price changes will be the one reason so that I can earn more.

Enotche

full member

Activity: 196

Merit: 100

Quote from: CryptoBjorn on July 03, 2016, 11:33:47 PM

I am not sure it is because they doubt the mechanism of bitcoin. Bitcoin works, there is nothing and no one who can bring arguments in the discussion that it don't.
Bitcoin being votatile is a big problem I think. People want it simple. I buy 200 euro of bitcoins so I can spend 200 euro of money. The volatility scares them.

Well ... It is clear that investing in Bitcoin is beneficial, but do not rush to spend all the savings, Bitcoin past achievements do not guarantee you results in the future.
Even far from Bitcoin known events of 2013, then made the leap to the Bitcoin $ 100 to $ 1200. And just a year later he again was worth $ 200.

CryptoBjorn

hero member

Activity: 714

Merit: 500

Quote from: boyptc on July 03, 2016, 10:36:02 PM

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

I am not sure it is because they doubt the mechanism of bitcoin. Bitcoin works, there is nothing and no one who can bring arguments in the discussion that it don't.
Bitcoin being votatile is a big problem I think. People want it simple. I buy 200 euro of bitcoins so I can spend 200 euro of money. The volatility scares them.

teilwalL05

hero member

Activity: 980

Merit: 500

Quote from: JeffBrad12 on July 03, 2016, 09:25:07 PM

Quote from: teilwalL05 on July 03, 2016, 01:00:38 AM

Quote from: agustina2 on June 23, 2016, 09:45:55 AM

Quote from: tabas on June 22, 2016, 10:33:40 PM

Quote from: goinmerry on June 22, 2016, 10:20:46 PM

Quote from: Wilhelmer on June 22, 2016, 09:56:52 PM

I think one of the biggest issue is the fluctuation of Bitcoin value. One day it's $637 USD another week it might be $800 USD, and one month later it might be $300 USD.

I was trying to push fourth the idea to a friend on cryptocurrencies and real life usage, for example via Plutus or any other similar platforms that helps to bridge bitcoin to the real world to make purchases on daily items. But he did ask a good question on fluctuation. At that time, I don't have an answer. Perhaps one of you might be able to better address it? If BTC isn't hedged to a local FIAT, e.g USD or AUD for that matter, then one day a coffee that's $4 USD may cost me less bitcoins and another day may cost me way too much bitcoins.

Doesn't make sense to be using much of it if it's not hedged.

Your will understand it once he go deep in knowing what bitcoin is. I was just taught with the basics and if he is really in to bitcoin then he should be the one who will be willing to get more about it. The attraction from earning free is the first goal but later on you should teach yourself.

Well you are a good listener and follower if you are just taught only with the basics. Because I taught a lot of people regarding bitcoin, but it seems they are having hard time to cope up what bitcoin really is.
But in the end they learned as the day passes each by each thing with bitcoin they are learning but they stopped when they saw the price is falling.

It's not for being a good listener or follower. They truly wants to know more about bitcoin that's why he is able to get some of advance information with only basics information as a start.

Also those person that having a hard time to cope up for really a long time teaching is really not serious about knowing bitcoin more. All they know is just to earn.

Haha! exactly what I've experience, the last time my brother wants me to learn about how to use bitcoin, then I can't understand everything so, nothing came into my mind but I just really want to earn. But when I actually really want to know about it i forced him to teach me and make me understand what he is teaching me. Then now, I actually know how it works.

hahaha a lot of people has the same thing, in the mind only full with the way to earn,earn and ear. well just teaching if they can earn money from bitcoin for free and using this statement to lure it. I sure everybody will be interested in falling into them. but I have the same experience with you with my brother.

well, I think all of us experience what I've also does. At first it was really hard for me to understand everything because I am not really interested with bitcoin. But when my brother explain it to me carefully, little by little i am interested with it until I actually understand how it works.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: hermanhs09 on July 03, 2016, 08:35:35 PM

Knowledge about its existence for one? Other than that they are probably just waiting for it to become more used overall.

The moment they can use it to buy anything on/offline then it will be the number one form of transactions for sure.

So the thing that stops people is that they doubt bitcoin. They doubt the fact that bitcoin is really used for online transactions.
On the convenience that it can give to the people.

CoinFoxs

copper member

Activity: 1722

Merit: 1004

PredX - AI-Powered Prediction Market

Quote from: rhed718 on July 03, 2016, 10:11:49 PM

For me I think many people are disappointed with the increase in the price of bitcoin. Well, when they lose, they started selling bitcoin they have and begin to stop using bitcoin, but I guess when the bitcoin prices go up, they will start using bitcoin again

I don't think so that the increase in bitcoin price will disappoint any person and yeah may they stop when they all their bitcoin in bitcoin but it is not necessary..

rhed718

member

Activity: 70

Merit: 10

For me I think many people are disappointed with the increase in the price of bitcoin. Well, when they lose, they started selling bitcoin they have and begin to stop using bitcoin, but I guess when the bitcoin prices go up, they will start using bitcoin again

JeffBrad12

hero member

Activity: 2898

Merit: 529

Leading Crypto Sports Betting & Casino Platform

Quote from: teilwalL05 on July 03, 2016, 01:00:38 AM

Quote from: agustina2 on June 23, 2016, 09:45:55 AM

Quote from: tabas on June 22, 2016, 10:33:40 PM

Quote from: goinmerry on June 22, 2016, 10:20:46 PM

Quote from: Wilhelmer on June 22, 2016, 09:56:52 PM

I think one of the biggest issue is the fluctuation of Bitcoin value. One day it's $637 USD another week it might be $800 USD, and one month later it might be $300 USD.

I was trying to push fourth the idea to a friend on cryptocurrencies and real life usage, for example via Plutus or any other similar platforms that helps to bridge bitcoin to the real world to make purchases on daily items. But he did ask a good question on fluctuation. At that time, I don't have an answer. Perhaps one of you might be able to better address it? If BTC isn't hedged to a local FIAT, e.g USD or AUD for that matter, then one day a coffee that's $4 USD may cost me less bitcoins and another day may cost me way too much bitcoins.

Doesn't make sense to be using much of it if it's not hedged.

Your will understand it once he go deep in knowing what bitcoin is. I was just taught with the basics and if he is really in to bitcoin then he should be the one who will be willing to get more about it. The attraction from earning free is the first goal but later on you should teach yourself.

Well you are a good listener and follower if you are just taught only with the basics. Because I taught a lot of people regarding bitcoin, but it seems they are having hard time to cope up what bitcoin really is.
But in the end they learned as the day passes each by each thing with bitcoin they are learning but they stopped when they saw the price is falling.

It's not for being a good listener or follower. They truly wants to know more about bitcoin that's why he is able to get some of advance information with only basics information as a start.

Also those person that having a hard time to cope up for really a long time teaching is really not serious about knowing bitcoin more. All they know is just to earn.

Haha! exactly what I've experience, the last time my brother wants me to learn about how to use bitcoin, then I can't understand everything so, nothing came into my mind but I just really want to earn. But when I actually really want to know about it i forced him to teach me and make me understand what he is teaching me. Then now, I actually know how it works.

hahaha a lot of people has the same thing, in the mind only full with the way to earn,earn and ear. well just teaching if they can earn money from bitcoin for free and using this statement to lure it. I sure everybody will be interested in falling into them. but I have the same experience with you with my brother.

Topic: What's stopping people from using bitcoin? - page 26. (Read 202139 times)