What's stopping people from using bitcoin? - page 76.

Mumbeeptind1963

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Quote from: Fatanut on April 22, 2016, 05:23:53 AM

What's stopping people from using bitcoin, you ask? The majority of people don't know what is bitcoin and they might as well never heard of it. People tend to fear the unknown, because the aren't informed about bitcoin, they fear that it's a scam or smth. Without proper knowledge about bitcoin, you'll never understand its advantages over fiat money. And because the majority of people are too lazy to study bitcoin, then they just ignore it.

Yup the majority of the people dont know this but in this topic, i think the bitcoin user is the topic,
Why they should stopping people from using bitcoin? I think if the persons addicted in the betting and always lose he should stopped that bitcoin, because he never win, he should stopped this.

coinplus

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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

People keep on saying that many countries don’t accept bitcoin, and I always get confused about that. What I don’t understand about this issue is- how does the country’s government find out that the citizens are making use of bitcoin? So I don’t think that possible, nobody is stopping bitcoin, bitcoin will continue to progress, no matter what.

severaldetails

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Bitcoins are not easy to get. I think that is one main reason why people don't use it.
There are a lot of exchange services out there, yes. But you have to sign up, and then they want some of your personal details.
Then you have to make validations, show your passport or whatever.
To an average person this is just too much effort in order to make a payment because he already has a paypal account or a credit card.

thejaytiesto

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Quote from: KennyR on April 22, 2016, 02:39:32 AM

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

Bitcoin is being used by at least few users from each country of the world. No government can stop it's users from the using of bitcoin. Only when government gets some loss due to bitcoin, further restrictions becomes effective.

No restrictions against Bitcoin by governments have ever been successful. If you look at the amount of times that Russia has threatened with even jail time for people involved in Bitcoin, and compare it to the growth in LocalBitcoins Rubble to BTC volume, you will see that the volume has only gone up.

JumperX

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Quote from: Scream on April 22, 2016, 12:28:51 PM

Quote from: senyorito123 on April 21, 2016, 07:15:47 AM

Quote from: Scream on April 21, 2016, 07:03:13 AM

many factors, those who have been cheated in invest with big amount, so frustrating.
there is no good investment sites in bitcoin, because too many scammers.
it is difficult to grow or bored because it is difficult to earn bitcoin.

as if they were normal, bitcoin is the most profitable.

Yeah indeed to that many scammers are scattered everywhere and make an investment hyip site to scam people and thats other whats stopping people because they are afraid to lose money and dont want to stake in it. Same other case with that they are not indulge in crypto world and they dont know much information about bitcoin and they are have doubts to earn by it.

yes essence they are a slacker, who do not want to grow and learn about bitcoin. so just choose to stop using bitcoin.

Either they dont have knowledge related to bitcoin or they have gone through losses in the past and they are spreading negative news related to bitcoin.

Scream

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Quote from: senyorito123 on April 21, 2016, 07:15:47 AM

Quote from: Scream on April 21, 2016, 07:03:13 AM

many factors, those who have been cheated in invest with big amount, so frustrating.
there is no good investment sites in bitcoin, because too many scammers.
it is difficult to grow or bored because it is difficult to earn bitcoin.

as if they were normal, bitcoin is the most profitable.

Yeah indeed to that many scammers are scattered everywhere and make an investment hyip site to scam people and thats other whats stopping people because they are afraid to lose money and dont want to stake in it. Same other case with that they are not indulge in crypto world and they dont know much information about bitcoin and they are have doubts to earn by it.

yes essence they are a slacker, who do not want to grow and learn about bitcoin. so just choose to stop using bitcoin.

co5hike

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Quote from: Wapinter on April 22, 2016, 06:17:30 AM

People are not using bitcoin due to ignorance or because they are not aware of its existence.There are also people who are afraid to use technology when it comes to money.There still are millions of people who dont use credit card as well

People don't use credit card but they are aware about it, and people don't use bitcoin because they have never heard about it and that's the difference.

JeanMcCoy

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People are going to stop using Bitcoin if they are going to lose to much money and that is quite logic but it can also be their own fault because they can be also too greedy.
And if you are greedy you are going to sell it too early and so you can lose some money and that would be not good, so the price must rise to also motivate people.

Wapinter

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People are not using bitcoin due to ignorance or because they are not aware of its existence.There are also people who are afraid to use technology when it comes to money.There still are millions of people who dont use credit card as well

jamesl22

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Quote from: rickadone on April 22, 2016, 05:44:52 AM

Quote from: stromma44 on April 19, 2016, 09:55:04 AM

Quote from: BitHodler on April 19, 2016, 09:33:47 AM

Quote from: Hashminers on April 19, 2016, 08:37:10 AM

The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.

It makes no sense to quit using Bitcoin just because there is no way to predict the price.

The recent stability in the price offers people a good amount of time to either buy or unload plenty of coins if they so wish. Use it in your advantage.

Exactly and I don't this is the right time to sell everything, in fact this is perfect time for buying, price is rising slowly at a moment, we can expect better price in future.

Yes the price has touched 1000$ already and I honestly and really expect BTC to touch it again and go even higher.
I am saving some bitcoins already and want the price to increase as soon as possible.

1000$ is not easy to achieve as it will take long time to reach that value again but may be we can see that price at the end of the year if we see higher price at the halving.

dollarneed

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Quote from: rickadone on April 22, 2016, 05:44:52 AM

Quote from: stromma44 on April 19, 2016, 09:55:04 AM

Exactly and I don't this is the right time to sell everything, in fact this is perfect time for buying, price is rising slowly at a moment, we can expect better price in future.

Yes the price has touched 1000$ already and I honestly and really expect BTC to touch it again and go even higher.
I am saving some bitcoins already and want the price to increase as soon as possible.

Now the price is touching 448 dollar, it need more time to rise untill the 1k dollars again, to be honest peoples are to scared to using bitcoin, bitcoin's volatile nature is the one reason why majority of them stoping using bitcoin, some of them has lost when mtgox accident

skyway1

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According to my views the only thing which is going to stop people from its adoption is its price volatility, it is observed that now the price is going to upward and will continue till halving but after halving there is a fear that the price will once again come back just like 2013 rise of bitcoin price.

Martins17

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Quote from: JforJoker on October 16, 2015, 08:09:54 AM

So after reading this article and especially the ending:

Quote

One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?

Cool article..wish there would be more discussions like this..

rickadone

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Quote from: stromma44 on April 19, 2016, 09:55:04 AM

Quote from: BitHodler on April 19, 2016, 09:33:47 AM

Quote from: Hashminers on April 19, 2016, 08:37:10 AM

The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.

It makes no sense to quit using Bitcoin just because there is no way to predict the price.

The recent stability in the price offers people a good amount of time to either buy or unload plenty of coins if they so wish. Use it in your advantage.

Exactly and I don't this is the right time to sell everything, in fact this is perfect time for buying, price is rising slowly at a moment, we can expect better price in future.

Yes the price has touched 1000$ already and I honestly and really expect BTC to touch it again and go even higher.
I am saving some bitcoins already and want the price to increase as soon as possible.

agustina2

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Quote from: KennyR on April 22, 2016, 02:39:32 AM

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

Bitcoin is being used by at least few users from each country of the world. No government can stop it's users from the using of bitcoin. Only when government gets some loss due to bitcoin, further restrictions becomes effective.

And if all people wants to replace fiat with bitcoin, the goverment will not has some restrictions in using bitcoin. Not totally free now and taxes has a chance to implement. That will lead for other to stop using bitcoin.

skinnyboy

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Quote from: Fatanut on April 22, 2016, 05:23:53 AM

What's stopping people from using bitcoin, you ask? The majority of people don't know what is bitcoin and they might as well never heard of it. People tend to fear the unknown, because the aren't informed about bitcoin, they fear that it's a scam or smth. Without proper knowledge about bitcoin, you'll never understand its advantages over fiat money. And because the majority of people are too lazy to study bitcoin, then they just ignore it.

It's not just Bitcoin, try getting people to change ISP, or energy provider, or anything really...it's not easy.

Fatanut

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What's stopping people from using bitcoin, you ask? The majority of people don't know what is bitcoin and they might as well never heard of it. People tend to fear the unknown, because the aren't informed about bitcoin, they fear that it's a scam or smth. Without proper knowledge about bitcoin, you'll never understand its advantages over fiat money. And because the majority of people are too lazy to study bitcoin, then they just ignore it.

KennyR

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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

Bitcoin is being used by at least few users from each country of the world. No government can stop it's users from the using of bitcoin. Only when government gets some loss due to bitcoin, further restrictions becomes effective.

GamingBro

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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

znickelbackz

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Quote from: thend1949 on April 21, 2016, 12:57:38 PM

Whats stopping people from using bitcoin? Heres the Reason
They always lose in betting they lose 1bitcoin..
They not know that theres free bitcoin in faucet site.
They lose in trading..

faucet is an exhausted and boring way to get along with bitcoin, the payment is low af, full of scam. captcha is getting shitty. not know about faucet maybe lucky and prevent losing interest in bitcoin.

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