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Topic: What's stopping people from using bitcoin? - page 47. (Read 202139 times)

legendary
Activity: 1372
Merit: 1008
People are stopping with using Bitcoin when they are making mistakes and that is because they are greedy and not the patience to wait so that is really bad.
But the best thing that you have to do with Bitcoin is to hold it for a moment and wait for a nice moment to sell it.
probably a big mistake that they do so they stop using bitcoin, besides that they also hate bitcoin. I doubt they use bitcoin well, it's because they made a mistake and do not want to try again
there are various reasons why people stop of bitcoin yeah probably one of the reasons as you say, and maybe it was the most common? people have greed and their use bitcoin for risky activities like gambling? they think could have doubled their money on gambling. but they produce only becomes insolvent then they become desperate ??
legendary
Activity: 1442
Merit: 1016
I think there are a couple of things keeping the average joe from using bitcoin:
- It's too difficult/technical
- It's gets associated with drugs and terrorism
- Some people think it's a scam or a ponzi
- People don't like change

These are all indeed reasons why Bitcoin's adoption is not exploding at the moment.
Point 1 can be fixed with better development in ease of use.
Point 2 and 3 are mostly created by the media and the ones in power.Therefore a change here will need much more time.
The last point also is one where patience is needed.When people realize the advantage/benefits of Bitcoin they will use it.
sr. member
Activity: 462
Merit: 250
I think there are a couple of things keeping the average joe from using bitcoin:
- It's too difficult/technical
- It's gets associated with drugs and terrorism
- Some people think it's a scam or a ponzi
- People don't like change
hero member
Activity: 490
Merit: 500
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.
I think the only newcomer who fear scammer? If you've entered and experienced in bitcoin. you will never be afraid to scammers. because you know how to avoid it? avoid invetsasi who do not have a clear business. or avoid investment sites doubler. it will keep you on scammers
hero member
Activity: 574
Merit: 500
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.

The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.

I think the lack of acknowledgement about bitcoin, most of them answer they are afraid of the wallet security is not secured enough and then because bitcoin still through process of adaptian so untill now not many stores accept bitcoin, so they feel kind of useless collecting bitcoin but cant spend on what they want.

Yeah definitely. There are lots of people out there who think that bitcoin is dangerous and the software is a malware and will damage your computer. Or, the may not trust the bitcoin system.

Some people also think that bitcoin is a ponzi scheme. But it's not.
legendary
Activity: 1372
Merit: 1005
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.

The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.

I think the lack of acknowledgement about bitcoin, most of them answer they are afraid of the wallet security is not secured enough and then because bitcoin still through process of adaptian so untill now not many stores accept bitcoin, so they feel kind of useless collecting bitcoin but cant spend on what they want.
sr. member
Activity: 714
Merit: 250
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.

The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.
Yes it can be difficult for them to recognize bitcoin and can not use. In addition they might not have the time and have a better income in the real world. There are various reasons that make people stop using bitcoin.
sr. member
Activity: 294
Merit: 250
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.

The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.

Yeah, most people in third world countries don't even have the basic access to internet or electricity, let alone bitcoin. They would worry more about their day to day lives than to think so far into the future.

Bitcoin is currently viewed as an investment for most people. And they think it's risky. That's why they're not using bitcoin as a currency.
hero member
Activity: 644
Merit: 500
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.

The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
When the price of bitcoin become $1 or less, i'm sure people will leave and stop using bitcoin anymore. The price of bitcoin is really matter for bitcoin user.
yeah the price is very important for bitcoin and its users. if bitcoin prices plummeted perhaps up to $ 1 / BTC probably a lot of people will stop from bitcoin. and think that bitcoin worthless
Right, Price is one of important reason "Why many people are want to plunge into the world of bitcoin. If BTC price is $ 1/BTC I think no one want to plunge into the world of bitcoin.
sr. member
Activity: 476
Merit: 250
When the price of bitcoin become $1 or less, i'm sure people will leave and stop using bitcoin anymore. The price of bitcoin is really matter for bitcoin user.
yeah the price is very important for bitcoin and its users. if bitcoin prices plummeted perhaps up to $ 1 / BTC probably a lot of people will stop from bitcoin. and think that bitcoin worthless
hero member
Activity: 966
Merit: 546
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.
Yeah the scams from the community definitely do not help. No way to get your money back so once a scammer gets it it's gone. That's why there are a lot of scammers in Bitcoin unfortunately. Good thing the community works very hard to warn people about things that don't seem right to try and prevent newer people into Bitcoin from getting scammed and saying "screw this".
sr. member
Activity: 588
Merit: 250
Many people just don't like bitcoin or maybe they are scared about scammers or just don't interested on it, many differen stuff can happen to people who can't start using bitcoin.
hero member
Activity: 574
Merit: 500
When the price of bitcoin become $1 or less, i'm sure people will leave and stop using bitcoin anymore. The price of bitcoin is really matter for bitcoin user.

Why do you think that bitcoin price will ever go that low again ? bitcoin limited number will always keep the price high as long as there are now bitcoiners joining the network
hero member
Activity: 575
Merit: 500
In my opinion, propaganda on the media and communication with the crime just stops people from using Bitcoins. And also perhaps a lack information + psychological factor, namely the habit of living in the old order and the usual reluctance to move forward into the future. This applies to the older generation.

and for old generations it is much harder to redirect them to there, they do not want to try any digital system, so for currency I don't think they will like it, and so this stop them from bitcoin,
legendary
Activity: 3304
Merit: 1128
i think the idea that it might be used for doing illegal things might be stopping people though thats just my opinion

There are so many reasons why people stop from using bitcoin and this is being considered also.
But it is not good to see also that bitcoin is being use for illegal things but also real money.
When something is used for the better, there will always be those who will use it for worse. It's inevitable. Bitcoin is like money, and with money we can get literally everything because money isn't good nor bad. It's neutral and what influences is the holder.
full member
Activity: 210
Merit: 100
What's stopping people from using bitcoin?

Propaganda, disinformation, and government picking the winners and losers.
Yeah I think so, always keeping the good people for them.
People will only stop using BTC if they lose to gambling, however they will only think that BTC are good as a currency not just from gambling anywhere.


losing in gambling has nothing to do with leaving bitcoin. if you lose in gambling you should leave gambling.

bitcoin is so much more than gambling and things like that. bitcoin is a currency and a good investment all other things are just side product of bitcoin itself.
Right now, many people see it as an internet currency, so gambling is one of the few ways people can earn BitCoin without actually "earning" it themselves. So they turn to gambling. Me personally, never even been on a gambling site.
hero member
Activity: 770
Merit: 500
Bazinga!
What's stopping people from using bitcoin?

Propaganda, disinformation, and government picking the winners and losers.
Yeah I think so, always keeping the good people for them.
People will only stop using BTC if they lose to gambling, however they will only think that BTC are good as a currency not just from gambling anywhere.


losing in gambling has nothing to do with leaving bitcoin. if you lose in gambling you should leave gambling.

bitcoin is so much more than gambling and things like that. bitcoin is a currency and a good investment all other things are just side product of bitcoin itself.
hero member
Activity: 910
Merit: 502
What's stopping people from using bitcoin?

Propaganda, disinformation, and government picking the winners and losers.
Yeah I think so, always keeping the good people for them.
People will only stop using BTC if they lose to gambling kind of things, however they will only think that BTC are good as a currency and may just stop themselves from gambling eventually (still not from using bitcoins).
hero member
Activity: 926
Merit: 1001
weaving spiders come not here
What's stopping people from using bitcoin?

Propaganda, disinformation, and government picking the winners and losers.
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