What's stopping people from using bitcoin? - page 67.

boyptc

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Quote from: BunkerChain.Labs.Inc. on May 04, 2016, 06:08:00 PM

Today I told my bank manager how to get bitcoin. Told him to just signup to coinbase and have funds from his bank account buy bitcoins.

Lets see if he does it.

Hahaha good thing that you are instructing your bank manager to get into bitcoins.
So, let wait if he will follow what you have said to him. If he does and sees the potential of bitcoin he can recommend it to their company to accept and add bitcoins to their services and currencies that are accepting.

BunkerChain.Labs.Inc.

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Today I told my bank manager how to get bitcoin. Told him to just signup to coinbase and have funds from his bank account buy bitcoins.

Lets see if he does it.

boyptc

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Quote from: co5hike on May 04, 2016, 05:41:01 PM

Quote from: kik1977 on May 04, 2016, 03:52:53 PM

Quote from: romero121 on May 04, 2016, 11:05:31 AM

Quote from: kik1977 on May 04, 2016, 10:23:13 AM

Incentive (laziness) Sad

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.

co5hike

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Quote from: kik1977 on May 04, 2016, 03:52:53 PM

Quote from: romero121 on May 04, 2016, 11:05:31 AM

Quote from: kik1977 on May 04, 2016, 10:23:13 AM

Incentive (laziness) Sad

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.

boyptc

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Quote from: ?? on ??

Bitcoins can easily be lost and are hard to recover

How can bitcoins be lost? If you have your bitcoins of course you must secure it by yourself by putting security features to your bitcoin wallet. Enabling 2nd factor authorization and encrypting its private key and keeping its mnemonic if you are using blockchain as your main wallet address.

darewaller

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Quote from: DashCoinDark on May 03, 2016, 03:50:35 AM

Quote from: boyptc on May 02, 2016, 09:10:28 AM

Quote from: znickelbackz on May 02, 2016, 06:42:22 AM

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.

The only reason why people are going to stop using Bitcoin is that you already can see also that the value is keeping stable so they wont be able to make any profit with it.
And they dont like it because they want to earn some profit with it and that is quite nice for the people.

We should not have to exchange our currency to any other currency, as the first thing is that there are a lot of online stores which accept bitcoin and the second thing is that in this way more stores will also start payment with bitcoin.

kik1977

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Quote from: romero121 on May 04, 2016, 11:05:31 AM

Quote from: kik1977 on May 04, 2016, 10:23:13 AM

Incentive (laziness) Sad

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?"

tyz

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This is absolutely right.
When I talk to people, they always state that the government will assure the value of fiat money. But they even do not understand what inflation really means or the ECB is stopping to give out 500 € bank notes.

Quote from: LCSociety on May 04, 2016, 07:39:21 AM

People struggle to understand that most of their fiat curreny is virtual/digital, so i'm not surprised that the general public struggle to understand the concept of digital currency

PinkLlama

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There's a couple of reasons I can think of:

- Bitcoin is too complex for them
- They don't know how to get Bitcoin
- The price is not stable so they think they'll lose all of their money

I don't really know any other reason but these are some of the main ones.

prtty2gal2

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Quote from: boyptc on May 02, 2016, 09:10:28 AM

Quote from: znickelbackz on May 02, 2016, 06:42:22 AM

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.

Yes, we have to grab any opportunity which give us the chance to earn free bitcoins, no matter how much is its amount but we have to make sure that we have to prefer that opportunities which give us big money.

romero121

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Quote from: kik1977 on May 04, 2016, 10:23:13 AM

Incentive (laziness) Sad

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.

CoinSiteDesigner

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Quote from: RKing on October 16, 2015, 11:53:44 AM

The volatility of the price. If the price is not steady, we will not hold and use bitcoin as we do not know the purchasing power tomorrow.

But that's same with the forex, gold, silver, real estate, almost everything is right? What's the guaranty that could be the only reason?

Altynbekova

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I think what is stopping people from using the bitcoin is that its scared to invest in something that can collapse.
Plus they also think its something criminals, thanks to the media...

kik1977

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Incentive (laziness) Sad

tampazeus

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Quote from: RobinHoodster on May 04, 2016, 10:03:33 AM

You see that people are going to stop with Bitcoin if they not can make profit with it and that is quite bad because they dont have the patience for it and that is quite bad.
But you never know what is going to happen with Bitcoin and that is the problem because we cant control the value.

The true believers of bitcoin will never leave bitcoin in future even if the price falls but the fact is that they get disappointed if they cannot make profits on regular basis.

RobinHoodster

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You see that people are going to stop with Bitcoin if they not can make profit with it and that is quite bad because they dont have the patience for it and that is quite bad.
But you never know what is going to happen with Bitcoin and that is the problem because we cant control the value.

LCSociety

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People struggle to understand that most of their fiat curreny is virtual/digital, so i'm not surprised that the general public struggle to understand the concept of digital currency

Just like everything, it will take time. Alot of consumer education will have to take place, and alot of brushing up needs to occur in terms of how bitcoin is being presented to the public

Sakthi

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Quote from: virtualkeybuyer on May 04, 2016, 04:12:07 AM

Its anonymity is stopping people from it

Everyone needs money. This is the pretty modern way to earn. I will share as much i can. Should everyone!!!

maudevang

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Quote from: tabas on May 03, 2016, 04:14:53 AM

Quote from: waltercoin2016 on May 03, 2016, 02:44:47 AM

Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.

This is one of the reasons why people are stopping to use bitcoin or they don't even want to try to use it. Because most of the merchants,stores and other businesses don't want to accept bitcoins for their payments.
But sooner or later they will accept it, trust bitcoin.

They are stopping with Bitcoin if they are realizing that they cant earn more money with it and that they have to wait a long time until the value will be more worth and that would be bad.
But you never know what is going to happen with Bitcoin so it is also hard to make a decision with it and that is risky.

virtualkeybuyer

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Its anonymity is stopping people from it

Topic: What's stopping people from using bitcoin? - page 67. (Read 202139 times)