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Topic: What's stopping people from using bitcoin? - page 68. (Read 202160 times)

hero member
Activity: 3024
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Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.

Yeah, so still bitcoin will still need to get known by all countries in the world so that people won't stop trying to use it.
That is a good side on bitcoin that he is very competitive and keeps growing every day.
sr. member
Activity: 546
Merit: 253
Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.

how can ANXBTC control the exchange rate?

In the US bitcoin is a commodity, not a currency. I'm interested how a conversion would work.
GKE
newbie
Activity: 14
Merit: 0
Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.

how can ANXBTC control the exchange rate?
sr. member
Activity: 546
Merit: 253
Mass adoption will really take a while because BTC is a relatively new currency. Since it is still in its early stages, people will be slow to adopt to it, because of the instability, acceptability, and volatility of price. Once ordinary people start to use and more merchants accept it, that will be the start of something bigger for BTC.

Once broader acceptance is achieved. Volatility will decrease dramatically. The foundation has been laid to achieve this.
hero member
Activity: 714
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Mass adoption will really take a while because BTC is a relatively new currency. Since it is still in its early stages, people will be slow to adopt to it, because of the instability, acceptability, and volatility of price. Once ordinary people start to use and more merchants accept it, that will be the start of something bigger for BTC.
global moderator
Activity: 2324
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While my guitar gently weeps!!!
Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.

Bitcoin still needs to introduce itself, and we are part of it...Yeah that's true, it's very impressive that bitcoin is being known and being spread through out the world faster and faster each year..So probably if many in the world know bitcoin, its all up to them if they will use it or not...
sr. member
Activity: 546
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Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.
hero member
Activity: 3024
Merit: 680
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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.

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. Grin
sr. member
Activity: 406
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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.

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?)
legendary
Activity: 2940
Merit: 1083
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.

Sometimes try to think that you are the merchant. Try to imagine what you want to sell and be sold through bitcoins. That way you could understand why they cant accept just yet. At first I also think that way. But when you think about business it is risky.
hero member
Activity: 3024
Merit: 745
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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.
sr. member
Activity: 448
Merit: 250
some people are afraid of the adjustment of the bitcoin

some people are not even use to using a pc in their everyday life

I guess it really just depends on the person and if they know about the bitcoin then maybe they just don't believe in investing in it
Yeah it can because of those things that you mentioned but I think that these people just do not have the patient it takes to be successful with Bitcoin.
Bitcoin requires allot of patient because the price is slow with changing.
hero member
Activity: 672
Merit: 503


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.

I don't think that price stability can stop people using it, as if price is stable then it will gain more trust from the people, people are scared of the price volatility of bitcoin.
sr. member
Activity: 350
Merit: 250


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.
newbie
Activity: 14
Merit: 0
Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.
sr. member
Activity: 406
Merit: 250


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.

faucet has the theme of 'free money', just tell people about free money and they will be trapped, hehe. beside, faucet is similar with captcha typing work, so it's not hard to imagine.
to help people imagine about signature campaign, i compare it with 'thigh renting', a common known business in my area, some hot chicks paste logo of some brands on their thighs for commercial, and just do normal jobs like hang out with friends, go to school, go shopping... no need to talk anything about the brands on their thighs, those companies pay them for that.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!


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.
legendary
Activity: 2940
Merit: 1083
What stopping people from using bitcoin??

The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly  it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using  bitcoin is that it's hard to earn it(I mean you can't use what you don't have).

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.

I believe that. I started doing faucet also. And seeing even for low amount of satoshis I earned as long as it is free that will keep you going and next thing you know you are looking for more.
hero member
Activity: 658
Merit: 500
I think people are scared to use it to be honest, they are thinking its a currency that can collapse easily.
Another thing why they maybe do not trust it is because of the media that is talking a lot of crap about the bitcoin.
Reasonable people are afraid when they use bitcoin dude I was also quite scared when put my money in bitcoin and then the price drops I would then lose and I was afraid to put a lot of money in bitcoin. but long time I was familiar with bitcoin prices. you do not need to be afraid mate. you just need to be patient when the price falls. wait prices will definitely rise again Cheesy
full member
Activity: 126
Merit: 100
What stopping people from using bitcoin??

The number one reason for me is understanding what bitcoin is. If you are new to bitcoin just like me, you won't get how exactly  it works just by reading. You need to learn the terms in order, I mean the first thing a new user has to learn is how to have a bitcoin wallet ( I mean if you read about ASIC or hashrates, etc. first before bitcoin wallet, you would not understand it right . It's not the price that's stopping people to use it, actually if you tell them 1 bitcoin is equal to $370, it would spark interest. The reason people stop using  bitcoin is that it's hard to earn it(I mean you can't use what you don't have).

First of all, it isn't that hard to create a wallet. If you google "What is bitcoin" and "How to use it", there are tons of articles and videos related to those keywords.

1 Bitcoin is equal to $440+

Even the gold is hard to earn, isn't it? But they buy. You got to buy bitcoin or earn from the faucets or signature campaign here.  Wink
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