What's stopping people from using bitcoin? - page 73.

ajun96

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Quote from: SAMKUSH on April 23, 2016, 07:42:42 AM

Probably the thing that keeping people away from using bitcoin is the territorial regulations and the harsh punishments if found using the digital currency
others just want to use the old school notes and coins

I even heard that a country can imprison you if you insist on using bitcoin because in law of that country prohibits the use bitcoin.
I thought the government was too excessiv right ?
whether bitcoin costing the nation? I think bitcoin does not harm any country

peta4e

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Quote from: Piltover on April 25, 2016, 09:40:21 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.

Piltover

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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.

Ulloa

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People is going to stop with Bitcoin if they are losing to much money with Bitcoin and if the value keeps stable and that is because they want to make some profit with it.
But the only thing that they need is that they must have make money with it and it can takes a long time.

quintiilieo

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For me they stopped using bitcoin when they got 1000 BTC just kiddin. They stopped using bitcoin if they lose more money, if they loose on betting, if they want to stopped addicting in casino

0day

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Quote from: bamboylee on April 24, 2016, 06:36:03 PM

Quote from: Superways on April 23, 2016, 04:31:39 PM

Quote from: avw1982 on April 23, 2016, 03:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

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.

Vaskiy

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Quote from: Ryananda on April 25, 2016, 06:31:27 AM

Actually I do not know for sure why people stop using bitcoin. I think if people using bitcoin will definitely continue to use bitcoin. Maybe those people stop using bitcoin because they already have a busy life in the real world.

Before entering into bitcoin they will think that it will be difficult that we can't think about anything else but the fact is that after usage they come to understand it is simple and innovative method to earn money.

Ryananda

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Actually I do not know for sure why people stop using bitcoin. I think if people using bitcoin will definitely continue to use bitcoin. Maybe those people stop using bitcoin because they already have a busy life in the real world.

GermanFoobla

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I think that people stop using Bitcoin because maybe they are making less money then they expected to make. Or it can also be that they just not have the patient, Bitcoin is all about patients and waiting for the prices to change.

BeGoods

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Quote from: Mr. Big on April 23, 2016, 08:04:38 AM

Quote from: SAMKUSH on April 23, 2016, 07:42:42 AM

Probably the thing that keeping people away from using bitcoin is the territorial regulations and the harsh punishments if found using the digital currency
others just want to the old school notes and coins

I think every country has different problem about using bitcoin, poor technology, bans, and lets face the reality that many people still don't know about bitcoin..

to the problem of people do not know much about bitcoin we will be reasonable with it. because not comprehensive deployment of bitcoin but many governments have given ban for bitcoin? of course it will hinder the spread bitocin. I think?
yeah country has its own problems. Fortunately in my country bitcoin is not banned

goinmerry

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Quote from: skinnyboy on April 24, 2016, 04:33:11 AM

It could also be argued that there's no overwhelming reason for people to start using it.

Sure some are here to make money, some for ideological reasons, some because they love the tech, but what stops many people is the utter lack of a motivational reason to get involved.

That is one of the facts. Seen it many times. Even if you explain it thoroughly there is no motivation there. You will see in their eyes that there is really no spark. Just a waste of saliva explaining it.

lumeire

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Quote from: skinnyboy on April 24, 2016, 04:33:11 AM

It could also be argued that there's no overwhelming reason for people to start using it.

Sure some are here to make money, some for ideological reasons, some because they love the tech, but what stops many people is the utter lack of a motivational reason to get involved.

True, unless there's an instance in which they're forced to use the tech. Take for example the Greece financial crisis not long ago, a lot of Greeks jumped in to bitcoin space to protect their assets.

n0ne

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Quote from: Corenin on April 23, 2016, 04:39:04 PM

Quote from: Superways on April 23, 2016, 04:31:39 PM

Quote from: avw1982 on April 23, 2016, 03:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

If you have an habit of learning new things then it will directly contribute to your earnings, as holding great knowledge will always be helpful in long run.

Its an innovation which most were unaware at the moment, but when years pass every one know about it. As suggested it also needs time to learn the technology. Some one who is not interested in technology avoids it. This also seems to be a reason for which users avoid bitcoin.

bamboylee

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Quote from: Superways on April 23, 2016, 04:31:39 PM

Quote from: avw1982 on April 23, 2016, 03:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

wuvdoll

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Quote from: dhimasnk on April 23, 2016, 01:12:14 AM

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

Yes, there are some people who join faucet sites and PTC sites which pay in bitcoins , and after that they start to search for referrals, and they compel their friends and other people to join that sites and they make bitcoin wallets for them, their friends join these sites and bitcoin but as they do not get much knowledge so they sooner leave it.

skinnyboy

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It could also be argued that there's no overwhelming reason for people to start using it.

Sure some are here to make money, some for ideological reasons, some because they love the tech, but what stops many people is the utter lack of a motivational reason to get involved.

Corenin

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Quote from: Superways on April 23, 2016, 04:31:39 PM

Quote from: avw1982 on April 23, 2016, 03:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

If you have an habit of learning new things then it will directly contribute to your earnings, as holding great knowledge will always be helpful in long run.

Superways

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Quote from: avw1982 on April 23, 2016, 03:45:26 PM

Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

avw1982

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Quote from: 1broker.bid on April 23, 2016, 11:06:47 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.

ricardobs

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Quote from: mark coins on April 19, 2016, 02:58:30 PM

Quote from: n0ne on April 19, 2016, 02:25:49 PM

Quote from: umaOuma on April 19, 2016, 12:07:20 PM

People have fear of loosing their money by investing in digital currency as bitcoin is still new and majority of the people are not aware about it and they don't want to invest in new product.

Yeah everyone knew the reality of the bitcoin, only the hesitation is just based upon the fluctuations that happens as well the price being stable at unpredicted instances. This would surely change by the following years.

If price reaches to a descent level and remains stable for a long time then it can attract many users to think of start using bitcoin, and if it doesn't happen then bitcoin will need to put extra efforts to win the hearts of the people.

Yes exactly most of the users worry about the price of bitcoins. They think that they will make loss in this, while they actually dont know that they can also make profit in price fluctuations.

Topic: What's stopping people from using bitcoin? - page 73. (Read 202139 times)