Topic: What's stopping people from using bitcoin? - page 6. (Read 202116 times)
I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin
Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.
Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam
That's the main problem in the bitcoin right now, a lot of people who are not responsible for destroying the good name of the bitcoin. I'm also very upset to the users of the bitcoin, just think of the profits without looking at the impact that exist when they do something
Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.
Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam
The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.
It's not a good derivation. Because I'm sure everyone will be happy if the price is higher, because the bitcoin is sure they will benefit. Indeed the bitcoin retailer will definitely suffer losses, but it will not last long. So you have to be patient waiting for the price of the bitcoin became expensive and that's when your time to benefit
Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.
It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
Agree because that happened to me. Not taking risks. Askig people first and not using my own choices. I guess that is happening also to those who want to come in or invest but cant due to wanting safety first.
Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.
It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.
Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam
Two things. It's very unstable which means for business that hold it from transactions it's risky. Still pretty complex to use different types of wallets etc.
Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.
The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.
It's not a good derivation. Because I'm sure everyone will be happy if the price is higher, because the bitcoin is sure they will benefit. Indeed the bitcoin retailer will definitely suffer losses, but it will not last long. So you have to be patient waiting for the price of the bitcoin became expensive and that's when your time to benefit
The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.
well people are just stopping because of it. And the reason is that they are really lack of knowledge about bitcoin and they don't know how to use it for real. But if they are just going to be educated with bitcoin they are going to adopt it and they are going to start using it for real.
And that is not gonna happen until bitcoins is adopted by resources in practical world, because the ones who lake knowledge of bitcoin would only come to know about it and its benefits if they see it in their daily life and then they might start using it otherwise they will never bother to know anything about it.
The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.
well people are just stopping because of it. And the reason is that they are really lack of knowledge about bitcoin and they don't know how to use it for real. But if they are just going to be educated with bitcoin they are going to adopt it and they are going to start using it for real.
But investors are attractedd by the high volatility of Bitcoin. That is why there are lots of investors lurking around Bitcoin. To take advantage of that volatily of bitcoin and take profit. I think it is pure ignorance and self interest that stopping people from using Bitcoin.
Well I think there are some factors that stops people from using bitcoin. The first one I think and the most common problem is that they don't know bitcoin yet. Among the world's population, I think less than 5% of it uses bitcoin. The second factor that stops people from using bitcoin is that some people that knows bitcoin doesn't trust bitcoin and it has a bad reputation because of media some people thinks that bitcoin is drug or criminal money.The third and last reason that stops people from using bitcoin is the volatility. Some don't like it, they like a stable price so they don't use bitcoin.
Totally agreed.
There are some people who think that bitcoin is a illegal coin as it is used by criminals to buy drugs or other illegal material as the media had shown it to them that way.
And there are some people who like bitcoin just because the price of it is not stable because they can earn profit from it by trading it and some people dont like it because it is not stable because they are not traders.
I think there are some factors that stops people from using bitcoin. The first one I think and the most common problem is that they don't know bitcoin yet. Among the world's population, I think less than 5% of it uses bitcoin. The second factor that stops people from using bitcoin is that some people that knows bitcoin doesn't trust bitcoin and it has a bad reputation because of media some people thinks that bitcoin is drug or criminal money.The third and last reason that stops people from using bitcoin is the volatility. Some don't like it, they like a stable price so they don't use bitcoin.
The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.
I think ignorance is stopping people from using bitcoin. They don't know the real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin. This is very unfair because they already judge bitcoin without even knowing what it really is.
mainly you are right about it, people just hear about it and sometimes decide not to use it and hate on bitcoins even though they dont know anything about itPeople having no interest in technology would never bother to use bitcoin until it comes to the practical world and gets adopted by resources people use to buy things or groceries because right now they dont feel to use anything else except their home currency.
I think ignorance is stopping people from using bitcoin. They don't know the real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin. This is very unfair because they already judge bitcoin without even knowing what it really is.
mainly you are right about it, people just hear about it and sometimes decide not to use it and hate on bitcoins even though they dont know anything about itPeople having no interest in technology would never bother to use bitcoin until it comes to the practical world and gets adopted by resources people use to buy things or groceries because right now they dont feel to use anything else except their home currency.
I think ignorance is stopping people from using bitcoin. They don't know the real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin. This is very unfair because they already judge bitcoin without even knowing what it really is.
mainly you are right about it, people just hear about it and sometimes decide not to use it and hate on bitcoins even though they dont know anything about it I thing ignorance is stopping people from using bitcoin. They don't know the real usage or feature and bitcoin and only rely on what they heard negatively about bitcoin. This is very unfair because they already judge bitcoin without even knowing what it really is.
Knowledge plays an key role in it, if they are not knowledgeable enough then we cannot expect them to use bitcoin as they should be taught about it initially.
I think as long as people can't see who is doing what behind the scenes of coding they wont trust while only the new generation aware of ups and downs of coding get involved as soon as they find out about something specially bitcoin.
hmm from some sense it seems to be correct as more people are really serious about everything mostly nerds and they start criticizing it and spread wrong senses to other which can be the reason people are stopping from using bitcoin! Jump to: