Not enough promotion and awareness of BTC. I ask all my friends and all they know about BTC is how you can buy drugs with them.
Some of them even think BTC is illegal... Which is definitely not true.
Topic: What's stopping people from using bitcoin? - page 66. (Read 202160 times)
People have a feeling that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.
Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.
should not judge people too soon. investors can prefer investing in things that are safer, much slower and less profitable but more guarantee. it's not bad and a really common way to play.
People have a feeling that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.
Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.
That's true and investment is always risky and no investment guarantees you profits but you need to make proper research before investing your money.
people are not much aware of it and lack of knowledge i guess
People have a feeling that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.
Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.
The uncertainty of the future of BTC contributes to the skepticism of people in adopting BTC. Stability plays a huge factor in convincing one to use, let alone, invest in something that is quite new to them. A few years from now, things could change for BTC, what with more people starting to know more about what BTC has to offer.
As long as they don't give time to really know bitcoin, they will never love it's volatility...That is why it is a must to educate them well when we introduce bitcoin to them..Probably disappointment is one factor that's stopping them.. 
People have a feeling that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.
Somehow this might be the problem why people don't try to use bitcoin. But you can verify your customer with the btc wallet address that he will give it you to receive the payment from you and yeah, that is also risky because there is no cancellation of sending btc to other wallet when you already sent it to them. (I don't know if there's a cancel sending)
Google: "double spending". For a cup of coffee a zero confirmation transaction is perfectly fine, but for a complete dinner for 4, say 0.25 BTC, you don't want your customer to undo the transaction.On the other hand, you also don't want your customer to be waiting for a confirmation, taking up table space, and getting annoyed if the next block takes too long.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
Somehow this might be the problem why people don't try to use bitcoin. But you can verify your customer with the btc wallet address that he will give it you to receive the payment from you and yeah, that is also risky because there is no cancellation of sending btc to other wallet when you already sent it to them. (I don't know if there's a cancel sending)
you can buy bitcoin and i don't think it's hard. signature campaign is a not so hard way. or start with faucet, it's very easy, a good start for newbie, many people believe that.
That's right but still you need to explain this ways of earning to other people in order to convince to start using bitcoin.
There's a lot of opportunities for each and everyone of us here in bitcoin. But still there are circumstances that stopping them.
And they dont like it because they want to earn some profit with it and that is quite nice for the people.
bitcoin value is stable? lol, it's one of the most unstable things ever. if you call bitcoin value is stable you should call the world is flat, lol.
(oh wait, is the world actually flat?)
Maybe he is referring to the price value of bitcoin and we can say that it is stable to the price ranging $450+ now.
Haha I think only atheist believes that the world is flat.
price value of bitcoin has just reached 450$ for a few days, and with the next block halving is coming really soon, it can't stand still too long for anyone to consider it's stable.
i have read the book 'The World is Flat' and actually gonna believe it, really awesome book. there is a counter book 'The World is Curve', though.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
In my opinion only very few exchanges have made the users to get into loss with their fraudulent activity. Now most exchanges had got a trusted network of users.
I agree. Bitcoin just keeps getting better and better.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
In my opinion only very few exchanges have made the users to get into loss with their fraudulent activity. Now most exchanges had got a trusted network of users.
The uncertainty of the future of BTC contributes to the skepticism of people in adopting BTC. Stability plays a huge factor in convincing one to use, let alone, invest in something that is quite new to them. A few years from now, things could change for BTC, what with more people starting to know more about what BTC has to offer.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
yes a lot of people are afraid of new investment. everyone has a sense of fear to spend money, while the results are unpredictable. I think this is reasonable. the important thing is we have the confidence to invest in bitcoin. bitcoin investment in my opinion is a favorable thing. bitcoin is an investment in the future. 
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
Bitcoin acceptance is about daily use, dealing with your coins in the same way as you use FIAT in your life, forget about speculative part of bitcoin and advanced applications, mining etc.If reputable company accepts bitcoin payment you don't have to worry about being scammed.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
One thing to consider is the mining community has significant costs associated with mining bitcoin. Being a miner myself I wouldn't sale my bitcoins at a loss. I'm sure the rest of the mining community feels the same way. I think that has helped bitcoin become not nearly as volatile as it use to be.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
That's a legitimate fear, and I'm not going to lie, that is something I occasionally worry about.Everyone has one fear or another when it comes to investing, but those fears are definitely amplified when it comes to something as new as Bitcoin. it hasn't existed a long time yet, but it does have a strong track record, and it doesn't look like it is going to get any worse from here.
I am quite excited for Bitcoin's future, and i think we can expect a lot to happen in the future.
i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc
Incentive (laziness) 
Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided.
With laziness I mean the attitude of thinking "why should I go through all those hassles when I can use cash?"
Yeah laziness can be one factor responsible for people not using it and second reason could be that they really are not aware about bitcoin.
This is a good point also, even I also if I'm on the road still no store is accepting bitcoin so I need to use cash either than bitcoin for paying whatever I buy here. And its a bit challenging to encourage people to use bitcoin.
Its really challenging to convince those who are not tech savvy or are not aware about the latest technology as they don't want to learn or know something new.
Well the main reason under people stop or not going into bitcoin besides the image connected to bitcoin that is used to black market.The governments are acting against bitcoins ,atleast some of them,instead of trying to regulate the people who have a good portfolio or small they wanna ban it as they see is a problem and not the real value of bitcoin.Besides those people loose some bitcoins when they dont make a backup of their wallets and dont save the keys to acess it if the computer get lost or something happend to the company where your coins present.
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