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Topic: What's stopping people from using bitcoin? - page 79. (Read 202139 times)

legendary
Activity: 2646
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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. 
I was quiet worried by your answer, the people using bitcoin have negative impact over it means, how other people believe in bitcoin? When you are in emergency sell your coins if selling rate is higher than the price you actually bought. The next time you can sell for good profits.
sr. member
Activity: 336
Merit: 250
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. 
hero member
Activity: 3024
Merit: 745
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The price was never actually STABLE.
Yeah, the price was never stable but the good thing is its price is always ranging to its stable price at $420. But I don't think this is the thing that people are stopping in using bitcoin.

I think price for now will go up higher more and no one can predict what is the price per btc when halving comes. I think for thos people what stopping them to use bitcoin is no one in their neighboorhoods or friends cam educate them how to earn by bitcoins and they dont surely know if they earn if they stake with it and they are afraid of digital money.

That's right price will increase after that halving that we are all waiting for. I think people don't believe in digital currency / money that's why they don't believe in using bitcoin.
hero member
Activity: 2632
Merit: 787
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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?
I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped.
You have to be patient if you want to make money with Bitcoin. 

The price was never actually STABLE.

If you buy bitcoins you want to invest in it or use it for something.
So if you plan on spending it, you usually do that soon after you have bought them.
I'm not sure how much a price stability influences your buy behaviour then.


I think price for now will go up higher more and no one can predict what is the price per btc when halving comes. I think for thos people what stopping them to use bitcoin is no one in their neighboorhoods or friends cam educate them how to earn by bitcoins and they dont surely know if they earn if they stake with it and they are afraid of digital money.
hero member
Activity: 910
Merit: 501
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?
I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped.
You have to be patient if you want to make money with Bitcoin. 

The price was never actually STABLE.

If you buy bitcoins you want to invest in it or use it for something.
So if you plan on spending it, you usually do that soon after you have bought them.
I'm not sure how much a price stability influences your buy behaviour then.
newbie
Activity: 29
Merit: 0
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?
I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped.
You have to be patient if you want to make money with Bitcoin. 

The price was never actually STABLE.
sr. member
Activity: 350
Merit: 250
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?
I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped.
You have to be patient if you want to make money with Bitcoin. 
newbie
Activity: 29
Merit: 0
The blissful unawareness. Nobody knows enough about what it is, so they make more prejudgements about what it actually is before making their own analysis.
full member
Activity: 223
Merit: 100
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

People who are new to bitcoin, and try to collect using the faucet may not be an easy thing for them, maybe they thought it would be a very long time to collect bitcoin faucet alone, and leaving bitcoin.

Faucets indeed are a bad thing to begin with in earning bitcoins. Newbies should have a mentor or smth in order for them to not just lose interest and leave.


perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

The only thing that are collapsing are the ponzi/hyip website these site also contribute to the bad reputation that has been getting by bitcoin.

Sad but true. Getting scammed is one of the reasons why Newbies tend to leave. But as I was saying, if the Newbie has a mentor or smth, then he'll not fall victim to any ponzi scams.

Faucets aren't a bad thing, I use doge faucets to get a few coins into peoples hands in under an hour when I first introduce them to the idea of digital currency.  Then I show them how to take that to a casino and have some fun with it.  In a stroke they've learned how to get it, withdraw it, deposit it & use it for something.

I've mentored a number of people and I've got several under my wing now, some more interested than others.

Another thing which causes people to leave is the belief that this is  get rich quick scheme, something that'll turn them into millionaires over night.  If someone gets involved in cloud mining, for instance, and they lose on that, despite it being legitimate, then they'll tell other people & that'll put others off of using it.

So bad rep is still one of the things which puts people off.

That and complexity, but that's another story.
hero member
Activity: 826
Merit: 502
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

People who are new to bitcoin, and try to collect using the faucet may not be an easy thing for them, maybe they thought it would be a very long time to collect bitcoin faucet alone, and leaving bitcoin.

Faucets indeed are a bad thing to begin with in earning bitcoins. Newbies should have a mentor or smth in order for them to not just lose interest and leave.


perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

The only thing that are collapsing are the ponzi/hyip website these site also contribute to the bad reputation that has been getting by bitcoin.

Sad but true. Getting scammed is one of the reasons why Newbies tend to leave. But as I was saying, if the Newbie has a mentor or smth, then he'll not fall victim to any ponzi scams.
sr. member
Activity: 434
Merit: 250
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

The only thing that are collapsing are the ponzi/hyip website these site also contribute to the bad reputation that has been getting by bitcoin.

I think the only reason people stop using bitcoin is when the price of bitcoin decrease so much down to $10-50 for each bitcoin. If it happened i'm sure people will stop using bitcoin anymore.
hero member
Activity: 644
Merit: 500
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

People who are new to bitcoin, and try to collect using the faucet may not be an easy thing for them, maybe they thought it would be a very long time to collect bitcoin faucet alone, and leaving bitcoin.
full member
Activity: 364
Merit: 127
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin

The only thing that are collapsing are the ponzi/hyip website these site also contribute to the bad reputation that has been getting by bitcoin.
hero member
Activity: 546
Merit: 500
perhaps, because of the collapse of large websites bitcoin. so many people who quit from bitcoin
hero member
Activity: 518
Merit: 500
i think  our goverment our againts bitcoin and thats the reason why people should stop using bitcoin but bitcoin is helpful for me because i use it to pay some bills buy some goods
I think you do not have to obey the government. Internet is the world possess. when you're connected. You can do anything with the internet. including using bitcoin I think the government is not an obstacle to continue using bitcoin
hero member
Activity: 826
Merit: 502
i think  our goverment our againts bitcoin and thats the reason why people should stop using bitcoin but bitcoin is helpful for me because i use it to pay some bills buy some goods

The government has nothing to do with crypto-currency. The government do control fiat money though. Although world leaders has the potential to control BTC too, their power wouldn't affect much of the bitcoin community since the bank/wallet is fully anonymous.
sr. member
Activity: 350
Merit: 250
I guess for me the other way that will make people stop using bitcoin when they will be scam. After their hardwork in earning their coins and the end is that they will only be scammed, then it will lead them to terminate in using bitcoin.

This is one hell of a true story. Actually there are a lot of people that stopped because someone do bad to them and that is scam. I dont know how those scammers can sleep at night doing bad things to other people.
That's one point. It's hard for people to report scam to get their money back. In real life, you could ask police for help.

But that's isn't the worst thing. IMO, it's because bitcoin still isn't as universally accepted as fiat money. It's hard to shop with bitcoin.
People are going to stop using Bitcoin if they are losing to much money with it and when the price is not going to rise and that is a huge problem of a currency.
But people that is now still using Bitcoin must also know that it needs a lot of patience otherwise you cant sell it with profit.
member
Activity: 112
Merit: 10
i think  our goverment our againts bitcoin and thats the reason why people should stop using bitcoin but bitcoin is helpful for me because i use it to pay some bills buy some goods 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.
full member
Activity: 224
Merit: 100
I guess for me the other way that will make people stop using bitcoin when they will be scam. After their hardwork in earning their coins and the end is that they will only be scammed, then it will lead them to terminate in using bitcoin.

This is one hell of a true story. Actually there are a lot of people that stopped because someone do bad to them and that is scam. I dont know how those scammers can sleep at night doing bad things to other people.
That's one point. It's hard for people to report scam to get their money back. In real life, you could ask police for help.

But that's isn't the worst thing. IMO, it's because bitcoin still isn't as universally accepted as fiat money. It's hard to shop with bitcoin.
full member
Activity: 168
Merit: 100
Some government are against bitcoin and that is what stopping people from using bitcoin but some are open to use bitcoin but lacks the shop to spend bitcoin.
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