What's stopping people from using bitcoin? - page 44.

shinratensei_

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Quote from: eddyubachs on June 15, 2016, 11:10:23 AM

Quote from: dearbesz1219 on June 15, 2016, 10:52:41 AM

what a very complex question,
of course its because of price fluctuation...

Do not consider price fluctuation as a threat but treat it as an opportunity to earn quick profits and everything will be fine people are not using it because they don't know how to use it.

That's Right, This question is have some answer. Because many factors can make someone is stop using bitcoin. Price fluctuation only one of Many factors can make people want to stop using bitcoin.

diodio5

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Quote from: dearbesz1219 on June 15, 2016, 10:52:41 AM

what a very complex question,
of course its because of price fluctuation...

Lol yeah it could happen. many new users who do not have experience and more knowledge about bitcoin.
so when they invest and lower prices due to fluctuations. they panic and sell. The thing that often happens ?

gtglener

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Quote from: boyptc on June 14, 2016, 07:24:08 PM

Quote from: MingLee on June 14, 2016, 07:07:11 PM

Quote from: saiha on June 14, 2016, 06:26:56 PM

Quote from: GamingBro on June 14, 2016, 06:20:00 PM

People should be interested in using bitcoin, cause without it, nobody will do someting. People who still don't use bitcoin just not interested at my opinion.

Well we can't please people just for getting their interest to bitcoin, if they are not really interested in bitcoin. Then we can't do something to force
them using bitcoin, but if they can see the convenience of it.
Maybe they will change their minds for not using it and in the end they will regret their decision.

That's the thing, if they are not already interested in Bitcoin a majority of people have no reason to get themselves into the Bitcoin economy. For a majority of people, the fiat system is fine for them and they don't need anything that Bitcoin offers. Most of the time they won't bother to learn more about Bitcoin and find out more about what Bitcoin offers, because they aren't interested in it.

That will be hard to convince if they are not really interested to use bitcoin. But I guess, teach them how to earn bitcoin and how you can get it and exchange it to real money and show it to them. For sure, they will be convince as long as they can see a proof of monetary unit.
They will become interested into it.

The best thing to redirect a person to bitcoin is only that we teach them how they can earn bitcoin without investment in the start after that when they learn about bitcoin they will invest ment as much as possible.

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Quote from: tampazeus on June 15, 2016, 03:13:06 PM

Quote from: agustina2 on June 15, 2016, 11:21:36 AM

Quote from: bitconerian on June 15, 2016, 08:04:56 AM

Quote from: newcoins1978 on June 13, 2016, 11:25:04 AM

What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.

instabilities become the most important point. Bitcoin is designed this way. Bitcoin digital currency is difficult to predict . Only those who dare to take a decision that will be used Bitcoin .

It is difficult to predict since people take this as investment. If most people will take this as currency I see people will much involved here since comfortability of doing money transactions is the priority of other people rather than investment.

Actually the fact is that people listen to what people around them talks about bitcoin, if price drops they start assuming that bitcoin will not survive in long term and that hesitates them to invest in bitcoin.

Indeed this and I think a lot of people are hesitating because they do not trust such investments due to the media that is talking bad about the bitcoin!

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Quote from: agustina2 on June 15, 2016, 11:21:36 AM

Quote from: bitconerian on June 15, 2016, 08:04:56 AM

Quote from: newcoins1978 on June 13, 2016, 11:25:04 AM

What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.

instabilities become the most important point. Bitcoin is designed this way. Bitcoin digital currency is difficult to predict . Only those who dare to take a decision that will be used Bitcoin .

It is difficult to predict since people take this as investment. If most people will take this as currency I see people will much involved here since comfortability of doing money transactions is the priority of other people rather than investment.

Actually the fact is that people listen to what people around them talks about bitcoin, if price drops they start assuming that bitcoin will not survive in long term and that hesitates them to invest in bitcoin.

n3o111

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What i guess isnt the question,but who is stoppling trying to block bitcoin.Companies like paypal,visa and mastercard has a lot to loose if bitcoin gets everywhere,they will loose their costumers very fast,a huge part of them not all,as the oldest may not dropp them.Soo they are in a buble trying to keep and make bitcoin unknow to the most,but well the buble is getting bigger,soo the way to fight is attack saying its is a good thing to black market and many others things,rumors to make bitcoin not grow.

langedwig

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I think people just don't see it as an actual currency. It goes up and down in price always. None can predict tomorrow. Some shop 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.

agustina2

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Quote from: bitconerian on June 15, 2016, 08:04:56 AM

Quote from: newcoins1978 on June 13, 2016, 11:25:04 AM

What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.

instabilities become the most important point. Bitcoin is designed this way. Bitcoin digital currency is difficult to predict . Only those who dare to take a decision that will be used Bitcoin .

It is difficult to predict since people take this as investment. If most people will take this as currency I see people will much involved here since comfortability of doing money transactions is the priority of other people rather than investment.

eddyubachs

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Quote from: dearbesz1219 on June 15, 2016, 10:52:41 AM

what a very complex question,
of course its because of price fluctuation...

Do not consider price fluctuation as a threat but treat it as an opportunity to earn quick profits and everything will be fine people are not using it because they don't know how to use it.

dearbesz1219

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what a very complex question,
of course its because of price fluctuation...

bitconerian

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Quote from: newcoins1978 on June 13, 2016, 11:25:04 AM

What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.

instabilities become the most important point. Bitcoin is designed this way. Bitcoin digital currency is difficult to predict . Only those who dare to take a decision that will be used Bitcoin .

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Quote from: MingLee on June 14, 2016, 07:07:11 PM

Quote from: saiha on June 14, 2016, 06:26:56 PM

Quote from: GamingBro on June 14, 2016, 06:20:00 PM

People should be interested in using bitcoin, cause without it, nobody will do someting. People who still don't use bitcoin just not interested at my opinion.

Well we can't please people just for getting their interest to bitcoin, if they are not really interested in bitcoin. Then we can't do something to force
them using bitcoin, but if they can see the convenience of it.
Maybe they will change their minds for not using it and in the end they will regret their decision.

That's the thing, if they are not already interested in Bitcoin a majority of people have no reason to get themselves into the Bitcoin economy. For a majority of people, the fiat system is fine for them and they don't need anything that Bitcoin offers. Most of the time they won't bother to learn more about Bitcoin and find out more about what Bitcoin offers, because they aren't interested in it.

That will be hard to convince if they are not really interested to use bitcoin. But I guess, teach them how to earn bitcoin and how you can get it and exchange it to real money and show it to them. For sure, they will be convince as long as they can see a proof of monetary unit.
They will become interested into it.

MingLee

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Quote from: saiha on June 14, 2016, 06:26:56 PM

Quote from: GamingBro on June 14, 2016, 06:20:00 PM

People should be interested in using bitcoin, cause without it, nobody will do someting. People who still don't use bitcoin just not interested at my opinion.

Well we can't please people just for getting their interest to bitcoin, if they are not really interested in bitcoin. Then we can't do something to force
them using bitcoin, but if they can see the convenience of it.
Maybe they will change their minds for not using it and in the end they will regret their decision.

That's the thing, if they are not already interested in Bitcoin a majority of people have no reason to get themselves into the Bitcoin economy. For a majority of people, the fiat system is fine for them and they don't need anything that Bitcoin offers. Most of the time they won't bother to learn more about Bitcoin and find out more about what Bitcoin offers, because they aren't interested in it.

MbitSport

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More online merchants need to accept bitcoin as a payment method.
I do not like that i need to first purchase gift cards then purchase what i want, i choose to shop at shops that accept bitcoin directly over a competitor that doesn't.

I think alot of merchants don't believe bitcoin will be used a lot if they decided to accept it (pretty sure i read this about amazon somewhere) but on top of saving the merchants a lot of money in the form of fees, i reckon it would bring more business, overstock are happy with Bitcoins performance and i saw or reddit or coindsk, bitcoin beat the expectations of Expedia when they began accepting it.

I believe there are people out their with bitcoin and are holding, not just for potential value increase, but also because bitcoin isn't readily accepted at their preferred places to shop.

saiha

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Quote from: GamingBro on June 14, 2016, 06:20:00 PM

People should be interested in using bitcoin, cause without it, nobody will do someting. People who still don't use bitcoin just not interested at my opinion.

Well we can't please people just for getting their interest to bitcoin, if they are not really interested in bitcoin. Then we can't do something to force
them using bitcoin, but if they can see the convenience of it.
Maybe they will change their minds for not using it and in the end they will regret their decision.

StoreBit

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Quote from: iv4n on June 13, 2016, 07:32:06 PM

Quote from: zPanda on June 13, 2016, 05:48:25 AM

Volatility. Technology Bias. Adaptability.

All that will change soon. Bitcoin is growing and with that grow more people join, eventually that will lead to adaptability, and with that stability will come also. We can not hurry things, lets be real how much bitcoin is among us? Do you wish everything to happen over night? Well its not possible.

Time need to pass, and in that period of time slow changes will happen. Its not small thing what bitcoin achieved in just 7 years, don't forget that. If bitcoin continue to grow with same speed we can expect big things to happen very soon. But again we need to show patience, and not to force things.

I think the changes are not slow. its the fastest ever before. I think still time is to invest. because the bitcoin is still in progress to its high level.

GamingBro

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People should be interested in using bitcoin, cause without it, nobody will do someting. People who still don't use bitcoin just not interested at my opinion.

saiha

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Strength in Numbers

Quote from: uname on June 14, 2016, 05:32:16 AM

Quote from: DuckKeeper on June 14, 2016, 04:29:29 AM

People stop using Bitcoin because maybe they think that it is not what they expected it to be. With Bitcoin you will have to be very patient if you want to make money if not then this is just not for you.

yeah you need to be patient if you choose to invest in bitcoin. if you can not wait to invest in bitcoin. maybe you get is a defeat
so maybe that's one reason for them to stop using bitcoin

When a person experienced falling down from investing, it is one of the thing that make him stops from investing in bitcoin.
But he must be strong in able to face his falling down because most successful people experienced it.

Velkro

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Quote from: serjent05 on June 13, 2016, 09:01:44 PM

What stopping people from using bitcoin is the availability of store / merchant where they can use their Bitcoin,

No, because u should check steam stats of bitcoin as payment method usage. Its not good, payment with bitcoin is pain in the ass sadly :/, we need better software, better UI and new mechanics that will make bitcoin payments easier. Personally i pay with bitcoin only if its only option lately because other methods are faster and safer (chargebacks etc)

I think tho, that bitcoin is best in the world when it comes to store of value. Payment is secondary role.

ajun96

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Quote from: jerowacik on June 13, 2016, 05:08:54 AM

Quote from: Galiatram on June 13, 2016, 05:03:00 AM

People are stop using Bitcoin because of the fact that it can be stable sometimes and people just do not like waiting a ling time before they make some money with it.

instabilities become the most important point. bitcoin is designed like that. bitcoin digital currency is difficult to predict. only those who dare to take a decision which will be used bitcoin.

yeah I was confused as to why many people prefer the fluctuating prices compared to prices stable? it is seen as a stable price and volume on the exchange dropped dramatically? but when the price moved quickly back up the volume. ist PROVE
but I do not think it will make people stop using bitcoin

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