What's stopping people from using bitcoin? - page 72.

goinmerry

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Quote from: JesusHadAegis on April 26, 2016, 07:38:09 AM

I discovers 4 months ago and as a newbie, it's very boring cause of long waits before posting other posts. And i am distracted so easily when i was playing dota 2. But now since im getting money from this. Im in here half a day, posting and checking alt coins. And i say its hard to get use to strategies and styles in btc.

Same. I am a gamer from my past and actually I still play some but not a lot like from the past. Now it is all the "want to make money online" thing that is happening in my mind. I think being exposed to bitcoin made me realize that time is really precious.

JesusHadAegis

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I discovers 4 months ago and as a newbie, it's very boring cause of long waits before posting other posts. And i am distracted so easily when i was playing dota 2. But now since im getting money from this. Im in here half a day, posting and checking alt coins. And i say its hard to get use to strategies and styles in btc.

voztata

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Quote from: GamingBro on April 21, 2016, 10:03:28 PM

Quote from: iram66680 on April 21, 2016, 07:28:03 PM

It is now the governments are stopping their citizens from using bitcoin. Countries like Russia, Venzeulua and I even think some part in China since they are still under communist rule.
I would also think North Korea as they don't like western contact/influence.

Anyway bitcoin is using in Russia and other CIS countires, goverment can't stop people using bitcoin cause they can't know about it. Only you will come and tell them that you are bitcoin user, lol Grin

Yes I too guess it is a kind of confusing how the people claims that the government knows that the citizens are making use of bitcoin, and try to prevent them from the use of it. But, from what I think, it might be that they check those bitcoin sites, and any of them that is accepting their country, they will immediately warn them to stop accepting the “so” country. Because I don’t see how else they will know.

Doms

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The fact that it is still relatively unknown in many parts of the world adds to the reason why bitcoin has not made it to the mainstream consciousness of most ordinary people. If in a few years time, it is introduced to more people, then they will have an alternative to what they are currently using to pay traditionally.

JumperX

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Quote from: HostSurf on April 26, 2016, 04:20:16 AM

The fact that the price changing can take so long that people just do not have the patient anymore, that is what I think the biggest reason because I almost quit Bitcoin if it wasn't for the price rising at the moment.

People don't have patience when it comes to bitcoin, and if people invest with some other products then they are willing to wait for maximum years, then why not with bitcoin?

Vaskiy

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Quote from: salmanahmedone on April 25, 2016, 10:04:27 PM

Quote from: Marbit on April 25, 2016, 12:41:14 PM

Quote from: delliaerd on April 25, 2016, 11:44:16 AM

Quote from: peta4e on April 25, 2016, 08:45:06 AM

Quote from: Piltover on April 25, 2016, 08:40:21 AM

Well some people do not want to use the bitcoin because they are thinking its a currency that is used by a lot of criminal.s
Another fact is that they do not now the advantages of the bitcoin.

Majority of us say that people around us are not aware about bitcoins, and if they don't know what bitcoin is then how they will use it, if people start knowing it,they will use it for sure.

Don't worry bitcoin used for illegal activities or not, we just need to use bitcoin in right way. Because if the most of bitcoin user use bitcoin in right way, it will make the other feel safe and starting to use bitcoin. Even don't think anything about stopping use bitcoin.

I don't think that is the reason for stopping people to use bitcoin, main reason is people lack knowledge related to bitcoin and if they are made educated about it then they will start using bitcoin in future for sure.

Yes, lack of information is the most common problem of people not using the Bitcoins. Once people are aware of the bitcoins and its benefits associated with it, they will leave all other currency and use only this where available.

Definitely some ways have to be found to aware people about bitcoin, educate people that it is a good method to earn money, one can gain knowledge with it everything should be known to people. If it happens we can expect good adaptation.

HostSurf

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The fact that the price changing can take so long that people just do not have the patient anymore, that is what I think the biggest reason because I almost quit Bitcoin if it wasn't for the price rising at the moment.

Fofofolo

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People don't use bit coins because most of them don' t know exactly what it is or the value of it
maybe they don't even know how to use it. I think people are afraid to use it because they don't know much
about it and you need to buy it with money, and money is there everything.
Why pay with bit coins if you can pay with cash and have more warranty.

romero121

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Quote from: Akupuniard on April 25, 2016, 10:40:41 PM

Quote from: bittrojan on April 25, 2016, 09:07:10 PM

technically nothing can make people stop use bitcoin,people who stop fromusing bitcoin is generally come from people who dont have any bitcoin anymore,and they can't buy bitcoin with money just because they can't earn free bitcoin

Someone scared about scammers anyway and or they just don't like bitcoin cause it's illegal on theirs country a lot of different factors that stopping people using bitcoin.

Yeah only countable number of users stay out fearing of scammers. Most people just fear of the assurance, there is no guaranteed return as the user can't question anyone.

Akupuniard

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Quote from: bittrojan on April 25, 2016, 09:07:10 PM

technically nothing can make people stop use bitcoin,people who stop fromusing bitcoin is generally come from people who dont have any bitcoin anymore,and they can't buy bitcoin with money just because they can't earn free bitcoin

Someone scared about scammers anyway and or they just don't like bitcoin cause it's illegal on theirs country a lot of different factors that stopping people using bitcoin.

salmanahmedone

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Quote from: Marbit on April 25, 2016, 12:41:14 PM

Quote from: delliaerd on April 25, 2016, 11:44:16 AM

Quote from: peta4e on April 25, 2016, 08:45:06 AM

Quote from: Piltover on April 25, 2016, 08:40:21 AM

Well some people do not want to use the bitcoin because they are thinking its a currency that is used by a lot of criminal.s
Another fact is that they do not now the advantages of the bitcoin.

Majority of us say that people around us are not aware about bitcoins, and if they don't know what bitcoin is then how they will use it, if people start knowing it,they will use it for sure.

Don't worry bitcoin used for illegal activities or not, we just need to use bitcoin in right way. Because if the most of bitcoin user use bitcoin in right way, it will make the other feel safe and starting to use bitcoin. Even don't think anything about stopping use bitcoin.

I don't think that is the reason for stopping people to use bitcoin, main reason is people lack knowledge related to bitcoin and if they are made educated about it then they will start using bitcoin in future for sure.

Yes, lack of information is the most common problem of people not using the Bitcoins. Once people are aware of the bitcoins and its benefits associated with it, they will leave all other currency and use only this where available.

bittrojan

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technically nothing can make people stop use bitcoin,people who stop fromusing bitcoin is generally come from people who dont have any bitcoin anymore,and they can't buy bitcoin with money just because they can't earn free bitcoin

Shibashi Dogemoto

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People don't use it because still they are not totally clear about the concept of bitcoin, the day when basics will be clear I am sure no one can stop using them.

Superways

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Quote from: 0day on April 25, 2016, 06:44:05 AM

Quote from: bamboylee on April 24, 2016, 05:36:03 PM

Quote from: Superways on April 23, 2016, 03:31:39 PM

Quote from: avw1982 on April 23, 2016, 02:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 10:06:47 AM

Transaction times and ease of use. Bitcoin needs a centralized 'paypal' like company to aggregate the bitcoins and make internal person to person transfers instant. But preferably not Paypal since they suck.

Still paypal has scam attempt issues and many problems, The thing that stops people from using bitcoin is that they think its just a waste of time as it needs a lot of time understanding bitcoin and they probably think it has no future.

In the start I was also thinking the same that it will take a large time to understand bitcoin and I do not have that much time, but when I involved in bitcoin, i learned about it within a few hours, and know I am expert in it, people should have to learn about anything and do not have to care about time while learning some good thing.

Wow, you're quite good. You mastered it in a few hours. I wish I have that intelligence of yours. I am doing bitcoin for quite some time now and I am still not as confident as you are.

google is a good teacher nowadays, I am using google for all of my knowledge to receive, and according to you this forum has also a good knowledge about bitcoin, but in the start I was not aware about this forum that it has that much knowledge and I started to search all about bitcoin on google and in the articles I tried to search for all the new coming terms, and learned a lot.
try to search on everywhere on this forum and try to read every topic on this forum carefully, so I think you will learn a lot about bitcoin as a large treasure of knowledge about bitcoin is available on this forum, but still it will take about a few days, I will like to know from the "superways" that from where he learned all about bitcoin in a few hours, that will be really a good source of knowledge about bitcoin.

terman45x

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Quote from: rekinthis on April 25, 2016, 03:39:03 PM

Quote from: ausbit on April 25, 2016, 03:23:32 PM

Quote from: dhimasnk on April 23, 2016, 12:12:14 AM

they may be constrained when using bitcoin and then they give up and stop using bitcoin

Why they will be constrained? No body is constrained for using bitcoin but bitcoin itself is an attractive currency and any person who hear about it and its features readily accept it and join.

you mean like they might be punished for using it? unfortunately i know that it is right because in russia there are some new laws that now does not allow people to use bitcoins

i think that the main thing that is stopping them is the possibility to lose all the money they have because of big price fluctuations, though thats just my opinion to be honest and i dont know it for sure

No Government can have a control over bitcoin, if people loves it they will continue to use and no one can stop them, not even the Governments.

rekinthis

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Quote from: ausbit on April 25, 2016, 03:23:32 PM

Quote from: dhimasnk on April 23, 2016, 12:12:14 AM

they may be constrained when using bitcoin and then they give up and stop using bitcoin

Why they will be constrained? No body is constrained for using bitcoin but bitcoin itself is an attractive currency and any person who hear about it and its features readily accept it and join.

you mean like they might be punished for using it? unfortunately i know that it is right because in russia there are some new laws that now does not allow people to use bitcoins

i think that the main thing that is stopping them is the possibility to lose all the money they have because of big price fluctuations, though thats just my opinion to be honest and i dont know it for sure

ausbit

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Quote from: dhimasnk on April 23, 2016, 12:12:14 AM

they may be constrained when using bitcoin and then they give up and stop using bitcoin

Why they will be constrained? No body is constrained for using bitcoin but bitcoin itself is an attractive currency and any person who hear about it and its features readily accept it and join.

Marbit

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Quote from: delliaerd on April 25, 2016, 11:44:16 AM

Quote from: peta4e on April 25, 2016, 08:45:06 AM

Quote from: Piltover on April 25, 2016, 08:40:21 AM

Well some people do not want to use the bitcoin because they are thinking its a currency that is used by a lot of criminal.s
Another fact is that they do not now the advantages of the bitcoin.

Majority of us say that people around us are not aware about bitcoins, and if they don't know what bitcoin is then how they will use it, if people start knowing it,they will use it for sure.

Don't worry bitcoin used for illegal activities or not, we just need to use bitcoin in right way. Because if the most of bitcoin user use bitcoin in right way, it will make the other feel safe and starting to use bitcoin. Even don't think anything about stopping use bitcoin.

I don't think that is the reason for stopping people to use bitcoin, main reason is people lack knowledge related to bitcoin and if they are made educated about it then they will start using bitcoin in future for sure.

delliaerd

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Quote from: peta4e on April 25, 2016, 08:45:06 AM

Quote from: Piltover on April 25, 2016, 08:40:21 AM

Well some people do not want to use the bitcoin because they are thinking its a currency that is used by a lot of criminal.s
Another fact is that they do not now the advantages of the bitcoin.

Majority of us say that people around us are not aware about bitcoins, and if they don't know what bitcoin is then how they will use it, if people start knowing it,they will use it for sure.

Don't worry bitcoin used for illegal activities or not, we just need to use bitcoin in right way. Because if the most of bitcoin user use bitcoin in right way, it will make the other feel safe and starting to use bitcoin. Even don't think anything about stopping use bitcoin.

Arksun

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I don't think that the Criminal aspect has anything to do with Bitcoin not being widely used.

It really boils down to 3 things

1) Most people still aren't really aware of it because...
2) It's still not widely adopted by retailers and...
3) It still can't compete with the speed and ease of use of a contactless debit card.

Simple example. I go do my weekly grocery shopping, at the checkout, go to pay, I insert my debit card in slot, 2 seconds later asks for pin, punch that in, another 2 seconds at the very most, pin confirmed transaction sent, pull card out, thats it, boom, done, so easy. The only thing the consumer has to remember is a 4 digit number, and its the same number each time, no faffing around with Bitcoin addresses having to type in the amount of money to send etc.

Or if its a small purchase, or using public transport like London Underground, contactless, wave the card, boom, done, practically instant.

I was a really strong supporter of Bitcoin to begin with, and still think Crypto currency has a lot of benefits, but it just can't compete with ease of use with the present day Debit Card for normal every day transactions, at least not yet.

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