Topic: What's stopping people from using bitcoin? - page 35. (Read 202139 times)
I'd say aprox a quarter of whats stopping people from using Bitcoin is the media made conception that Bitcoin is associated with criminal activity.
i think nothing is stopping people from gambling. how can you say that something is stopping people from gambling.
I think the main reason why people stop using bitcoin is when the price of bitcoin become $1 or small price. People will leave bitcoin and change into another coin.
I think the question is what is stopping peoeple from using bitcoin, it is not if what will stop people from using bitcoin and you are talking about that.
And one more thing, bitcoin is not gonna come to the value of $1.
People who have faith in bitcoin will continue to use it irrespective of the price, even price drop won't affect them and they will continue to buy more coins if price drops.
Well that's the reality about the fact that people tend just to think about price and profit. Since that's the most purpose of everyone is to earn.
But I guess, it is also the reason why people are stopping from using bitcoin when they can see that they are not getting profit to it.
minor reason maybe for some newbies like me , it looks easy to earn some bitcoin , well when i see my friend he look easy to get bitcoin from trading , but when i try to do it , i just noticed if it is hard to do , maybe some people now only want instant , much and earn bitcoin easy , and when they know it is hard to do, they fell bored and stop to learn about bitcoin
You can't actually blame yourself. There's nothing wrong with you. All of us went from that stage. All of us thought trading can be done in seconds. But no, it's done by waiting for days/weeks. That's actually a common mistake for a newbie, buying an alt coin and then waiting for it to rise up after a few seconds.
Those people who look earning bitcoins so easily are those people who have spent a lot of time researching and enhancing their skills in general, not just on trading. They've become expert in earning bitcoins to the point that they are already giving newbies the thought that it's easy to earn bitcoins.
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.
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.
I think the main reason why people stop using bitcoin is when the price of bitcoin become $1 or small price. People will leave bitcoin and change into another coin.
I think the question is what is stopping peoeple from using bitcoin, it is not if what will stop people from using bitcoin and you are talking about that.
And one more thing, bitcoin is not gonna come to the value of $1.
People who have faith in bitcoin will continue to use it irrespective of the price, even price drop won't affect them and they will continue to buy more coins if price drops.
Well that's the reality about the fact that people tend just to think about price and profit. Since that's the most purpose of everyone is to earn.
But I guess, it is also the reason why people are stopping from using bitcoin when they can see that they are not getting profit to it.
people can stop using bitcoin because is the most popular currency in the world and people more get awareness about bitcoin and people using bitcoin more than other currency .
minor reason maybe for some newbies like me , it looks easy to earn some bitcoin , well when i see my friend he look easy to get bitcoin from trading , but when i try to do it , i just noticed if it is hard to do , maybe some people now only want instant , much and earn bitcoin easy , and when they know it is hard to do, they fell bored and stop to learn about bitcoin
I'd say the main thing stopping people from using bitcoin is the pain and hassle of all the confusion but you can't disagree that people are just lazy to try to learn about BTC as a whole just because they think it is some super complicated thing that would take a lot of work and time off of them to just get a few hundred bucks.
That's the issue in my opinion.
That's the issue in my opinion.
The humongous drop that just happened now?
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
no exchanges can control bitcoin, it's pure decentralization, this is just a manipulation rate from whales, he want to buy more bitcoin before pump it.
Yeah, no one is controlling the price of bitcoin but all of us who are users and on what is happening to it is cause by us.
This applies the law of supply and demand.
Since many are selling there bitcoins supply is getting high so the demand decreases as the price would do.
This is really going to stop people from using bitcoin.
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.
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.
From a trading perspective, it's a great currency to be trading. From a consumer perspective, it really stifles mass adoption. If anything, Bitcoin is only serving the Cryptocommunity and investors mostly. Other Cryptos built around it will bridge that gap and achieve mass adoption with proper hedging so that it can be used on a daily basis.
As you know, the price of Bitcoin just fell and seems like it's gonna fall further. As a consumer, I won't be using my precious Bitcoins to purchase coffee at a higher price.
Yes it is dropping like $200 dollars for just days. Real trust in bitcoin is needed now or a strong chest to take what is happening. Some people bought at a higher price thinking it will gain more. But look what happened. Who knows what will happen?
Most people have never heard of Bitcoin, and those who have think it offers no large advantages over cash. People like to stick to what they know.
Yes thats right, like my mother i introduce her bitcoin, But she rejects it. She just want to stick to our local currency, she dont want to expand her knowledge about other currenciesbitcoin. is the currency of the future so it's not a problem if the parents are not interested
Well actually that's a good thing that he introduced bitcoin to her mother. But if his mother is just an open minded and taking up the suggestions and recommendation of her son. For sure she will be great to use bitcoin and going to think that 'My son is thinking about earning' only if that's the
mindset of his mother.
i think your mother rejected it because she don't know and she can't understand carefully how to use bitcoin. For sure if she is interested in this kind of topic she will be using it of she will listen to you on how to use this bitcoin, or how does it works.
The humongous drop that just happened now?
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
no exchanges can control bitcoin, it's pure decentralization, this is just a manipulation rate from whales, he want to buy more bitcoin before pump it.
If i am giving you a reason to stop myself using bitcoin, that would, I stop using bitcoin cause lately my transactions taking very long confirmations it takes 14 hours to get it into my wallet, Or maybe , i stop bitcoin cause i was bankcrupt cause i have get scammed by other person or i invested in a wrong sites
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.
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.
The humongous drop that just happened now?
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
The exchanges control the price. As a newcomer you're far more likely to use coinbase or localbitcoins than an exchange therefore new money never arrives at the places where it counts.
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.
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.
From a trading perspective, it's a great currency to be trading. From a consumer perspective, it really stifles mass adoption. If anything, Bitcoin is only serving the Cryptocommunity and investors mostly. Other Cryptos built around it will bridge that gap and achieve mass adoption with proper hedging so that it can be used on a daily basis.
As you know, the price of Bitcoin just fell and seems like it's gonna fall further. As a consumer, I won't be using my precious Bitcoins to purchase coffee at a higher price.
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.
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.
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.
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.
I think the main reason why people stop using bitcoin is when the price of bitcoin become $1 or small price. People will leave bitcoin and change into another coin.
I think the question is what is stopping peoeple from using bitcoin, it is not if what will stop people from using bitcoin and you are talking about that.
And one more thing, bitcoin is not gonna come to the value of $1.
People who have faith in bitcoin will continue to use it irrespective of the price, even price drop won't affect them and they will continue to buy more coins if price drops.
Well that's the reality about the fact that people tend just to think about price and profit. Since that's the most purpose of everyone is to earn.
But I guess, it is also the reason why people are stopping from using bitcoin when they can see that they are not getting profit to it.
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