What's stopping people from using bitcoin? - page 88.

eddyubachs

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Quote from: yenxz on April 06, 2016, 11:43:21 AM

Quote from: Piltover on April 06, 2016, 03:33:49 AM

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

agree with that,media have big influence for bitcoin development,more media tell us about bad side from bitcoin,its really not good for bitcoin,new people who start interest to bitcoin will think negative about bitcoin.

Bad news always travels faster then good news and bad news attracts people in a quick way as they start believing it very easily and that is the main reason people are not using it.

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Quote from: Piltover on April 06, 2016, 03:33:49 AM

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

agree with that,media have big influence for bitcoin development,more media tell us about bad side from bitcoin,its really not good for bitcoin,new people who start interest to bitcoin will think negative about bitcoin.

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Quote from: ultimatesky on April 06, 2016, 04:11:35 AM

I think why people are not using the bitcoin is firstly because of the point people think its used by criminals.
The second thing I'm thinking is that they are thinking its just not understandable the most people think its too difficult to step in and invest in the bitcoin itself.

nowdays peoples are not thinking that bitcoin is only for criminal activity anymore, bitcoin obviously act as a currency where people have ultimate controll to use or spend it either in a good way or bad way.like fiat, even right now many exchanger out there need verification, we as a costumer need to provide our identity for kyc procedure

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Quote from: Skaven on April 05, 2016, 10:47:27 AM

People stop using Bitcoin because the prices are sometimes to expensive, not everyone can pay $400 for some bitcoins. And it can take a while before you make your money back with a profit.

Yeah I agree, not every person has so much money to invest in these expensive bitcoins. For them they have not any reason to use Bitcoin because they can't afford them.

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Quote from: Pattart on April 06, 2016, 08:50:49 AM

Quote from: Piltover on April 06, 2016, 03:33:49 AM

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

I think not all media hate bitcoin. there are some of them who are friends with bitcoin. because since I bsia media joined with bitcoin. when the media reported about bitcoin and I joined
I think the media is also a factor.

The reality is only when media feels comfort with the technology they talk and spread in favour of it. But at times of government needs they probably won't be a supportive for bitcoin.

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Quote from: Piltover on April 06, 2016, 03:33:49 AM

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

I think not all media hate bitcoin. there are some of them who are friends with bitcoin. because since I bsia media joined with bitcoin. when the media reported about bitcoin and I joined
I think the media is also a factor.

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Quote from: Sandroxa on April 06, 2016, 05:02:18 AM

With the prices going up some people just can not afford to buy these bitcoins anymore. This is why I hope the halving is going to happen. This will attract more people to use and buy bitoins.
It has to happen soon other wise more and more people will leave.

If they can't afford then make it affordable. Do some bitcoin jobs. All the earnings from there must circulate thru bitcoin exchange trading.

Buy when dip , sold when profit. By doing this they don't need to use their own fiat money in order to buy coins.

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Quote from: Sandroxa on April 06, 2016, 05:02:18 AM

With the prices going up some people just can not afford to buy these bitcoins anymore. This is why I hope the halving is going to happen. This will attract more people to use and buy bitoins.
It has to happen soon other wise more and more people will leave.

I do not think this is true because the fact is that the price is now even lower than normal and the price is attractive for people.
I even must say last month I even saw more people investing than normally, so I think that is a sign it is not the price that is the problem.
The problem is laying in the media in my opinion the media always tried to make the bitcoin black, they always say its used my criminals and all that kind of stuff but which currency is not used by criminals right....

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With the prices going up some people just can not afford to buy these bitcoins anymore. This is why I hope the halving is going to happen. This will attract more people to use and buy bitoins.
It has to happen soon other wise more and more people will leave.

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Quote from: Piltover on April 06, 2016, 03:33:49 AM

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

You got it right friend, that's it the media is the hindrance and making some bad articles regarding bitcoins. But they can't stop it many people are using it now all over the world and it is more becoming famous than we think. So mainly the reason why people are stopping using bitcoin is maybe they are simply lack of knowledge of bitcoin.

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Quote from: haileysantos95 on April 03, 2016, 03:46:28 AM

Quote from: ivanst776 on April 03, 2016, 03:32:00 AM

Quote from: BlackPanda on April 03, 2016, 12:20:40 AM

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.

Yes people are really loving bitcoin with its features and how easy it is to use on some occasions like sending money its fast and has less fees.

yeah I admit bitcoin has a sophisticated technology but something must be a shortage of bitcoin. Nah it probably could be an internal factor for people to stop using bitcoin
of course there are also external factors that make people stop using bitcoin
such as the prohibition of states to use bitcoin, I think it could be a factor in a person stops using bitcoin

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I think why people are not using the bitcoin is firstly because of the point people think its used by criminals.
The second thing I'm thinking is that they are thinking its just not understandable the most people think its too difficult to step in and invest in the bitcoin itself.

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Quote from: Hashminers on April 06, 2016, 03:34:11 AM

Quote from: JforJoker on October 16, 2015, 09:09:54 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?

The fact is that the prices are not attracting the people enough. At the moment the price is not really that low so people will buy coins or that high so people will sell coins.

Are you sure ? Because i think the big price for each bitcoin is why people still using bitcoin until now, If the bitcoin's price down to $50 per bitcoin, people will stop using bitcoin

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Reality is stranger than fiction

People will start using bitcoin when:

They can buy everyday items
BTC is accepted everywhere
There is motive to keep BTC - e.g. discounts
Price is not so volatile

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Quote from: JforJoker on October 16, 2015, 09:09:54 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?

The fact is that the prices are not attracting the people enough. At the moment the price is not really that low so people will buy coins or that high so people will sell coins.

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I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

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Quote from: skinnyboy on April 06, 2016, 02:18:11 AM

Perception, as mentioned by a number of other people, is an important part of it too.

A lot of people still associate it with bad things because of press coverage in certain quarters & governments claiming IS uses it...

Counter that by pointing out the number of charities which accept it for donations.

I didn't heard the news that IS using the bitcoin. Proper awareness is not spread among all the people in the world.Those people who knows well about bitcoin won't give such statements. But those who don't have much idea about bitcoin believe all these.

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Perception, as mentioned by a number of other people, is an important part of it too.

A lot of people still associate it with bad things because of press coverage in certain quarters & governments claiming IS uses it...

Counter that by pointing out the number of charities which accept it for donations.

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Quote from: jethrorn99 on April 06, 2016, 01:56:45 AM

1) It's to expensive for someone to have. $400 is a lot for only 1 btc in common people's mind, so Starting in bitcoin is pretty expensive.

2) There's still people that didn't know bitcoin. So, making bitcoin more popular maybe could make people using it.

3) They didn't understand technology at all (even using smartphone is hard to them). That makes them still using fiat because they understand it.

I agree with 2,3. But first one is that you don't have to buy whole bitcoin, do you? you can buy 0.01 or 0.1 and that's not expensive

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1) It's to expensive for someone to have. $400 is a lot for only 1 btc in common people's mind, so Starting in bitcoin is pretty expensive.

2) There's still people that didn't know bitcoin. So, making bitcoin more popular maybe could make people using it.

3) They didn't understand technology at all (even using smartphone is hard to them). That makes them still using fiat because they understand it.

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