What's stopping people from using bitcoin? - page 89.

goinmerry

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Quote from: eddyubachs on April 05, 2016, 04:39:17 PM

Quote from: CroSany on April 05, 2016, 04:09:37 PM

Really they leave bitcoin??I cant beleive pff I will never leave bitcoin Cheesy

People who have faith in bitcoin will continue to follow bitcoin no matter where the price of bitcoin lands in future and that is the right thing to do, as we all know that bitcoin will be more powerful in future.

That is the right thing for a person with a lot of faith in bitcoin. But some just cant. The idea of the "what if" is what will stop them.
What if it falls.
What if I lose all my bitcoin.
What if etc etc. Cry

BitHodler

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Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

It all depends on how you use Bitcoin.

If you just buy and hold your coins for a certain period of time, then nothing happens if the value drops a bit. Just make sure you don't sell. As long as you don't sell, you won't lose anything.

If you buy and plan to send a certain amount the next day to some one, or to buy something, then yes, it's not nice to see the value go down a bit.

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Quote from: Skaven on April 05, 2016, 09:47:27 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.

if you are poor you can do a variety of ways to earn bitcoin mate, there are many ways you can do which that way it is free,
moreover there on the outside many wealthy investors, they are ready to big disburse if bitcoin has a high potential,,

eddyubachs

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Quote from: CroSany on April 05, 2016, 04:09:37 PM

Really they leave bitcoin??I cant beleive pff I will never leave bitcoin Cheesy

People who have faith in bitcoin will continue to follow bitcoin no matter where the price of bitcoin lands in future and that is the right thing to do, as we all know that bitcoin will be more powerful in future.

CroSany

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Really they leave bitcoin??I cant beleive pff I will never leave bitcoin Cheesy

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Quote from: Bitcotalk on April 05, 2016, 04:03:19 PM

Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

Yeah, this is not good but now is the time when itcin will grow up, you will notice within a few days that the value of your bitcoin will have increased by a some good percent.

Price ups and downs will always be a part of bitcoin, a smart person who believes in bitcoin will never listen to this rumors and he will continue to invest in it even if price drops to $100.

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Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

Yeah, this is not good but now is the time when itcin will grow up, you will notice within a few days that the value of your bitcoin will have increased by a some good percent.

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Quote from: Akupuniard on April 05, 2016, 12:32:32 PM

Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

But it will recover at the next day and you can sell it. Question is what stopping people from using bitcoin but u answered on question "disadvantages of bitcoin"

well if the price falls it doesnt mean that after a day or two it will grow back again easily because if the price was so predictable people would make a lot of money out of that

i believe people dont want to use it when they here the crimes that are done with bitcoins on their local news, so they are a bit scared that they might have troubles with law

darewaller

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Quote from: Alekseev$ on April 04, 2016, 06:30:40 AM

Fear of losing money

Strange answer, just think who will lose the money in the form of bitcoin they have? Bitcoin is a currency and with a currency those who use it normal; no risk of lose. Or if they are traders; they know well how to benefit even in price drop.

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Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

But it will recover at the next day and you can sell it. Question is what stopping people from using bitcoin but u answered on question "disadvantages of bitcoin"

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Quote from: n0ne on April 05, 2016, 11:08:26 AM

Quote from: peta4e on April 05, 2016, 09:11:40 AM

Quote from: Erzatium on April 05, 2016, 08:57:30 AM

They will stop using Bitcoin if they know that you can lose a lot of money with Bitcoin and if the value will not rise and that the value is keeping stable because that is not good.
If you started to use Bitcoin you must also know that it can take a really long time to get some profit, it is not that easy to make that money fast.

So it will be nice if you can have some profit with Bitcoin, you have only to wait and see.

People lack patience and when they see price fluctuations they feel that bitcoin will not survive in long run, and that is the reason they hesitate in using or investing their money into it.

Yes people lack patience. At present more people had lost their patience and sold the bitcoin after a long holding. The reason behind it was, the price has not grown much for a long time. Only minor fluctuations had taken place.

Yeah major problem is that people don't like to hold it too long as everyone wants quick profits which is not possible and if price don't goes up they start selling at lower price.

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Here's the quick and easy answer:

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Quote from: peta4e on April 05, 2016, 09:11:40 AM

Quote from: Erzatium on April 05, 2016, 08:57:30 AM

They will stop using Bitcoin if they know that you can lose a lot of money with Bitcoin and if the value will not rise and that the value is keeping stable because that is not good.
If you started to use Bitcoin you must also know that it can take a really long time to get some profit, it is not that easy to make that money fast.

So it will be nice if you can have some profit with Bitcoin, you have only to wait and see.

People lack patience and when they see price fluctuations they feel that bitcoin will not survive in long run, and that is the reason they hesitate in using or investing their money into it.

Yes people lack patience. At present more people had lost their patience and sold the bitcoin after a long holding. The reason behind it was, the price has not grown much for a long time. Only minor fluctuations had taken place.

joinal

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Quote from: Yanisumin on April 05, 2016, 08:41:48 AM

The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

therefore before you joined in the bitcoin, you must know what risks would you face in bitcoin mate,
so when prices down. you are not going to panic and stop using bitcoin.
people who already know it will be more relaxed

Skaven

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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.

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Quote from: Erzatium on April 05, 2016, 08:57:30 AM

They will stop using Bitcoin if they know that you can lose a lot of money with Bitcoin and if the value will not rise and that the value is keeping stable because that is not good.
If you started to use Bitcoin you must also know that it can take a really long time to get some profit, it is not that easy to make that money fast.

So it will be nice if you can have some profit with Bitcoin, you have only to wait and see.

People lack patience and when they see price fluctuations they feel that bitcoin will not survive in long run, and that is the reason they hesitate in using or investing their money into it.

Erzatium

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They will stop using Bitcoin if they know that you can lose a lot of money with Bitcoin and if the value will not rise and that the value is keeping stable because that is not good.
If you started to use Bitcoin you must also know that it can take a really long time to get some profit, it is not that easy to make that money fast.

So it will be nice if you can have some profit with Bitcoin, you have only to wait and see.

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The price of bitcoin changes too much. I buy one bitcoin and the next day, the price drops 5%. It is not good for me.

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Quote from: btcwithus on April 05, 2016, 08:31:31 AM

The communications from the people from diffirent countries have not enough,if most of us could traval to anywhere at anytime,then,Bitcoin will be the best choice.

Well bitcoin is online currency so we can also use the internet to spread the news about bitcoin. If it is the languages there are some who also understand english. So I really dont know where this is going through.

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The communications from the people from diffirent countries have not enough,if most of us could traval to anywhere at anytime,then,Bitcoin will be the best choice.

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