What's stopping people from using bitcoin? - page 61.

znickelbackz

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Quote from: jak1 on May 14, 2016, 08:45:52 PM

Quote from: Rizky Aditya on May 14, 2016, 05:35:41 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.

I think that people are just too scared to invest into Bitcoin. If they are true supporters, they would have already bought a lot of Bitcoin.

Well i'm a bitcoin user; the main problem that i face is finding a place to actually use that money. I have no credit card so i cant actually convert the bitcoins to usd and transfer to a bank account. Its just there for doing online payments that accept bitcoin.

all you need is just a credit card. it's not so hard to obtain one, right? actually i think it should be pretty easy, fill some forms, wait some days and you can get one for free. you need, or will need a credit card anyway, don't you?

outatime1

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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.

jak1

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Quote from: Rizky Aditya on May 14, 2016, 05:35:41 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.

I think that people are just too scared to invest into Bitcoin. If they are true supporters, they would have already bought a lot of Bitcoin.

Well i'm a bitcoin user; the main problem that i face is finding a place to actually use that money. I have no credit card so i cant actually convert the bitcoins to usd and transfer to a bank account. Its just there for doing online payments that accept bitcoin.

Sierra8561

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Quote from: SquallLeonhart on May 14, 2016, 10:58:34 AM

I think price fluctuation is the major reason for not using bitcoin as they think that bitcoin will not survive for a longer period of time.

Fluctuation has greatly decreased and will continue to do so. As bitcoin becomes larger volatility has become more stable.

Drakrmaster

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Probably government because they can't do anything if citizens will start using it. It will be hard for them to trace their income. Cheesy

hope it cleared everything

SquallLeonhart

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I think price fluctuation is the major reason for not using bitcoin as they think that bitcoin will not survive for a longer period of time.

ethereumhunter

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People will stop using bitcoin if they are lost the bitcoin on trading.

SquallLeonhart

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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.

wildan88

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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.

gerXhonza

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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.

BTCLovingDude

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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.

dothebeats

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Probably poor understanding of how bitcoin works and why would people use it if cash is already available. If I was just like the general public, I would also pose a question like "Why in the world would I use magic money if fiat is already available to buy me things?" and "Why would I complicate things even more with magic internet money?".

We need to spread out comprehensive information about bitcoin to gain a lot of users and to also help people be freed from the chains of using fiat and banks.

chaosknight

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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.

Doms

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If it's something that is technology driven, some are gonna take a while accepting or adjusting to it. During the early days of the internet, not a lot believed in it. It took a while before we realized how much better it is to live interconnectivity. I guess the same goes with bitcoin. Soon, people would realize what value it has and how it can help in certain ways.

senyorito123

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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.

diodio5

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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 ?

batang_bitcoin

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Quote from: Rizky Aditya on May 14, 2016, 05:35:41 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.

I think that people are just too scared to invest into Bitcoin. If they are true supporters, they would have already bought a lot of Bitcoin.

Maybe not that they are scared to invest into bitcoin but they are still into the process of knowing more about bitcoin. They just want to be sure
before to try it. Because if people will enter into something with lack of knowledge surely they will fall.

Daniel91

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Quote from: Taki on May 14, 2016, 05:44:47 AM

For now the reply is very simple - not too much people even know about bitcoin and cause of some negative information on the Internet or TV people r afraid to use it. Bitcoin is a new currency and it needs time to develop.
I think the situation with bitcoin is the same like with any other currency, like some people use dollors, some Euro, some dinars, others Yen and ect. So there is a group of people who use bitcoin.

I agree with you but there are some other reasons what's stopping people from using bitcoin.
Still many people don't have access to the Internet or don't have even electricity, specially in Africa and some parts of Asia.
Also language problem because not many people can understand English.
Still, some people are afraid to use Internet for financial transaction, buying things over Internet, even use Internet banking

Also, we really need to educate people about bitcoin and we need more positive news about bitcoin in media in order to create interest for Bitcoin.

Taki

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For now the reply is very simple - not too much people even know about bitcoin and cause of some negative information on the Internet or TV people r afraid to use it. Bitcoin is a new currency and it needs time to develop.
I think the situation with bitcoin is the same like with any other currency, like some people use dollors, some Euro, some dinars, others Yen and ect. So there is a group of people who use bitcoin.

Rizky Aditya

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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.

I think that people are just too scared to invest into Bitcoin. If they are true supporters, they would have already bought a lot of Bitcoin.

Topic: What's stopping people from using bitcoin? - page 61. (Read 202161 times)