What's stopping people from using bitcoin? - page 60.

saiha

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Quote from: pocarime32 on May 17, 2016, 07:56:27 AM

I think the best reason why people stop using bitcoin is the price of bitcoin. I mean, if the bitcoin's price is $1 for each bitcoin, people will give up on bitcoin and not using it anymore.

I don't think it is one of the reason why people will stop using bitcoin, instead it will encourage people to use bitcoin because it is very high value when converted to dollars and it will help them to use it and earn with it.

pocarime32

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I think the best reason why people stop using bitcoin is the price of bitcoin. I mean, if the bitcoin's price is $1 for each bitcoin, people will give up on bitcoin and not using it anymore.

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Quote from: tabas on May 17, 2016, 06:51:44 AM

Quote from: Akupuniard on May 15, 2016, 01:53:49 PM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff.

There is a big possible that people are knowing that bitcoin is used with illegal used especially for those people who are curious with deep web.
There are lots of transactions there and not just transactions but illegal transactions.

So what if bitcoin is used in illegal activities? How about fiat? All form of money are used in illegal activities. If that is the reason of others why they don't use bitcoin then better plant a camote plant and start picking some grass.

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Quote from: Akupuniard on May 15, 2016, 01:53:49 PM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff.

There is a big possible that people are knowing that bitcoin is used with illegal used especially for those people who are curious with deep web.
There are lots of transactions there and not just transactions but illegal transactions.

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Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

The reason why most people are not aware of bitcoin and its technology yet is because there are not a lot of businesses that accepts bitcoin so because there are less places accepting bitcoin that is why people around the globe are not getting aware of it easily.
When different places in different countries will start accepting bitcoin as a payment system after that people will become aware of it and after that they would surely start using it.

quintiilieo

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Quote from: goinmerry on May 17, 2016, 12:19:59 AM

Quote from: quintiilieo on May 16, 2016, 11:18:28 PM

My friend and other people in bitcoin groups they stopping in bitcoin because they only collecting in faucets but thats not the reason why they stopping bitcoin they gambling their all satoshi in gambling site and they all loss their satoshi in 1 day only. So they collecting again satoshi in many faucets everyday and they hoping to win in Gambling sites but they always loss. So they stopped now in bitcoin.

Wow. They earn a few satoshi and start gambling it already? That is just waste of time. I dont think you could grow that much money just doing that. Maybe they should start learning how to save it.

Yup they earn in collecting few satoshi and they earn it almost 1 week and then they bet it in just 1 day and loose it in gambling. Because here in our country many people hoping to win in gambling. They just wasting there money in gambling but they dont care even if they lose more than they win. They not counting all of their deposit than their winnings bitcoin.

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Quote from: quintiilieo on May 16, 2016, 11:18:28 PM

My friend and other people in bitcoin groups they stopping in bitcoin because they only collecting in faucets but thats not the reason why they stopping bitcoin they gambling their all satoshi in gambling site and they all loss their satoshi in 1 day only. So they collecting again satoshi in many faucets everyday and they hoping to win in Gambling sites but they always loss. So they stopped now in bitcoin.

Wow. They earn a few satoshi and start gambling it already? That is just waste of time. I dont think you could grow that much money just doing that. Maybe they should start learning how to save it.

quintiilieo

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My friend and other people in bitcoin groups they stopping in bitcoin because they only collecting in faucets but thats not the reason why they stopping bitcoin they gambling their all satoshi in gambling site and they all loss their satoshi in 1 day only. So they collecting again satoshi in many faucets everyday and they hoping to win in Gambling sites but they always loss. So they stopped now in bitcoin.

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Quote from: Akupuniard on May 15, 2016, 01:53:49 PM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff.

do not know about bitcoin and do not understand, it's not a big deal. because we came from does not know anything about bitcoin, but if we want to learn You can do it. Another thing is so many scammers investment in bitcoin and bitcoin is still limited for use as payments.

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Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff.

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Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

Yeah I agree with you, when businesses adopts bitcoin it will be easy to those who don't bitcoin yet. They will forced to know about bitcoin
and use bitcoin in no time because they will like the service. Let's just wait for it, it will happen soon.

I'd have to somehow disagree with you because you know, bitcoin isn't for everyone. Not all people can understand and are willing to understand what bitcoin is and it's potential. Plus, not all have access to internet and they'll have a hard time using bitcoin.

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Quote from: wildan88 on May 15, 2016, 10:43:36 AM

Quote from: SquallLeonhart on May 14, 2016, 10:42:18 AM

Quote from: wildan88 on May 14, 2016, 10:18:22 AM

Quote from: gerXhonza on May 14, 2016, 10:10:19 AM

Quote from: BTCLovingDude on May 14, 2016, 09:43:53 AM

Quote from: chaosknight on May 14, 2016, 09:37:28 AM

Basically the major issue is people don't hold any knowledge related to bitcoin and that is the reason they are not using it, once they gets aware they will surely start using it.

they may even have the knowledge about bitcoin or at least hear about it at some point in their lives but the problem is their ignorance and fear that prevents them from adopting bitcoin.

They have a fear of loosing their money by investing in something that they really don't know and that is the primary reason for not using bitcoin.

whereas if you want to get bitcoin, you can get without money and investing. many free ways to get bitcoin, so they should not have to fear, and must try.

If you look for free way to earn bitcoin then it will pay you in peanuts as if you want to earn higher then you need to have great level of skills.

you can build an account on these forums to the highest rank and you can get good results. after that you can collect bitcoin, then you can grow it in a better way.

Yeah having an higher rank account in good campaign can surely give you best payouts and which will help you in growing your coins over a period of time.

wildan88

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Quote from: SquallLeonhart on May 14, 2016, 10:42:18 AM

Quote from: wildan88 on May 14, 2016, 10:18:22 AM

Quote from: gerXhonza on May 14, 2016, 10:10:19 AM

Quote from: BTCLovingDude on May 14, 2016, 09:43:53 AM

Quote from: chaosknight on May 14, 2016, 09:37:28 AM

Basically the major issue is people don't hold any knowledge related to bitcoin and that is the reason they are not using it, once they gets aware they will surely start using it.

they may even have the knowledge about bitcoin or at least hear about it at some point in their lives but the problem is their ignorance and fear that prevents them from adopting bitcoin.

They have a fear of loosing their money by investing in something that they really don't know and that is the primary reason for not using bitcoin.

whereas if you want to get bitcoin, you can get without money and investing. many free ways to get bitcoin, so they should not have to fear, and must try.

If you look for free way to earn bitcoin then it will pay you in peanuts as if you want to earn higher then you need to have great level of skills.

you can build an account on these forums to the highest rank and you can get good results. after that you can collect bitcoin, then you can grow it in a better way.

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Quote from: JforJoker on October 16, 2015, 08:09:54 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?

personally i think that a lot of people are afraid to use bitcoin now is because bitcoin is not stable, so people are afraid to have money in bitcoins because they can lose them

or other reasons are because they heard some stories how wallets were hacked, that bitcoin is still new and people don't know much about it, so these are main reasons why people don't want to use them

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Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

due to lack of technology on old man and 3rd developed country, i could say yes,but it mean bitcoin still have a big chance in the future

shane

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Quote from: terman45x on May 15, 2016, 05:18:25 AM

Quote from: romero121 on May 15, 2016, 04:43:55 AM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

Time is a big factor in the bitcoin growth. But as mentioned sure lot time is needed to reach the common people. The reason is that, even now techies were not much aware of bitcoin.

That's true and that is the major reason behind people not using bitcoin as if they have not even heard about it so its difficult to expect them to use it.

people who have never heard about bitcoin, it would be very easy to be interested if someone is telling them. anyone would be interested in bitcoin I think. especially if you tell the results from bitcoin.

terman45x

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Quote from: romero121 on May 15, 2016, 04:43:55 AM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

Time is a big factor in the bitcoin growth. But as mentioned sure lot time is needed to reach the common people. The reason is that, even now techies were not much aware of bitcoin.

That's true and that is the major reason behind people not using bitcoin as if they have not even heard about it so its difficult to expect them to use it.

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Quote from: romero121 on May 15, 2016, 04:43:55 AM

Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

Time is a big factor in the bitcoin growth. But as mentioned sure lot time is needed to reach the common people. The reason is that, even now techies were not much aware of bitcoin.

This is true.
I mean look how long it too email to take off and hit the mainstream?!The first email was sent in the early 70s.
Or when TCP/IP was standardized in 1982 all you could do with the internet for the next 12-15 years was to use some early form of bulletin boards and to write email with the use of unix command lines, setting up smtp server and so on.Definitely only a place for geeks at that time right?! Just in the mid 90s with the world wide web and an improved ease of use for emails the internet started to take off!

So it's definitely a process which needs time.Also for Bitcoin!It may not take 25-30 years like it did for the internet, but I expect another 5-10 years for a much much broader acceptance and usage by the average joes.

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Quote from: outatime1 on May 14, 2016, 09:29:27 PM

There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.

Time is a big factor in the bitcoin growth. But as mentioned sure lot time is needed to reach the common people. The reason is that, even now techies were not much aware of bitcoin.

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Quote from: senyorito123 on May 14, 2016, 07:46:27 AM

Quote from: diodio5 on May 14, 2016, 07:00:30 AM

Quote from: saiha on May 14, 2016, 05:06:33 AM

Quote from: Bovtheart on May 14, 2016, 03:00:54 AM

People dont have full faith in Bitcoins yet and this is the main reason of not using it.

I agree because they don't know yet the potential of bitcoin has. But if people will just know the possibility of bitcoin can do. They will believe that bitcoin can be used as one the currency online.

yeah i agree with what you say dude. certainly if people know fully about the potential and advantages of bitcoin they will be very difficult to stop using bitcoin right ? therefore to dampen people who stop using bitcoin? What should we do ?

Maybe lacking of education is one stopping them because if they realy know what benifits they can get for staking bitcoin well i dont see why they well not use it, but really majority of people dont know about bitcoin and doesnt knew it was existed.

Little by little people are knowing bitcoin. Right now, mostly only internet users are using bitcoin. But in the near future, when bitcoin is already widespread, and can be used in any establishments, more people will use and believe in bitcoin.

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