What's stopping people from using bitcoin? - page 90.

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Quote from: danherbias07 on April 04, 2016, 07:15:10 PM

Quote from: Alekseev$ on April 04, 2016, 06:00:09 AM

Many people do not know about the existence of bitcoin, little information(

Yes and maybe also they know that it exist but dont know anything else what is within it or what it can do. I guess they are too busy working themself too.

I think the activity in real life could make you stop using bitcoin. because bitcoin is only available on the internet. we certainly cannot use the internet at any time. especially if the state is busy in real life. it makes us do not have time to make transactions in bitcoin. so busyness can stop you from bitcoin #IMO

Denker

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Quote from: Mobius on April 05, 2016, 03:48:11 AM

Two major factors: Ease of use and price volatility. Both of these issues should become less relevant with time.

Volatility I think doesn not play a significant role when you use Bitcoin as we have payment processors like Bitpay.
Ease of use however is indeed a problem. At the moment only tech savvy people are able to use and handle Bitcoin accurately.
So some user interface designers are highly welcome.

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Two major factors: Ease of use and price volatility. Both of these issues should become less relevant with time.

lixer

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

Fear of losing money

Yes, there is a fear in the heart of people that if they bought a large amount of bitcoin and kept them in their wallets and if the price of bitcoin dropped then they will lose significantly some money.

ElpadroBitcoin

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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?

I think people stop using Bitcoin because it can take a while before you make some progress and start to make some real money out of it. People just do not have the patient for it.

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Quote from: el kaka22 on April 03, 2016, 01:44:08 AM

Quote from: fredashton on April 01, 2016, 09:39:26 AM

Quote from: CiaraB on April 01, 2016, 09:34:17 AM

For me personally, (although I'm only new to this), is the lack of being able to use it in everyday life like cash or card.

This is one of the few reason why people are not using bitcoin because there are few or no shop available for you to spend your coins with.

In my perspective, using bitcoin does not mean spending. Even there are not enough opportunities to spend bitcoins in your region, you must hold your bitcoins for future. Holding is also a way of using bitcoins.

Yes, using bitcoins definitely sounds good as adopting bitcoins. To start using bitcoin, there is no requirement of bitcoin accepting merchants or bitcoins ATMs. Anyone in this world can start using bitcoins right away without worrying about spending of it.

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Quote from: goinmerry on April 04, 2016, 11:09:20 PM

Quote from: delliaerd on April 04, 2016, 08:43:24 PM

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

Fear of losing money

Fear if the money loses , it means someone like that don't have any knowledge about bitcoin and how to stay profitable for user . Indeed if can't use bitcoin correctly it potentially losing the money.

I agree. I think it is the fear of going in this kind of investment. If someone got a bad experience with investing then it might also be the simple reason why they are scared of happening again.

Indeed. Because they are get traumatized on staking on bitcoin again if they lose so big money in investing on hyips and they afraid to be repeated it again. And also some are victim of being hack they lose so much money for being account and they dont feel its safe to stake again in bitcoin. And thats what people stopping to use bitcoin.

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Quote from: delliaerd on April 04, 2016, 08:43:24 PM

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

Fear of losing money

Fear if the money loses , it means someone like that don't have any knowledge about bitcoin and how to stay profitable for user . Indeed if can't use bitcoin correctly it potentially losing the money.

I agree. I think it is the fear of going in this kind of investment. If someone got a bad experience with investing then it might also be the simple reason why they are scared of happening again.

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Quote from: danherbias07 on April 04, 2016, 07:15:10 PM

Quote from: Alekseev$ on April 04, 2016, 06:00:09 AM

Many people do not know about the existence of bitcoin, little information(

Yes and maybe also they know that it exist but dont know anything else what is within it or what it can do. I guess they are too busy working themself too.

People are stopped just with the negative statements put forth from its early days of existence, and major reason seems to be the failure of large number of such digital currencies.

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

Fear of losing money

Fear if the money loses , it means someone like that don't have any knowledge about bitcoin and how to stay profitable for user . Indeed if can't use bitcoin correctly it potentially losing the money.

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Quote from: Alekseev$ on April 04, 2016, 06:00:09 AM

Many people do not know about the existence of bitcoin, little information(

Yes and maybe also they know that it exist but dont know anything else what is within it or what it can do. I guess they are too busy working themself too.

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Quote from: klf on April 04, 2016, 07:24:21 AM

For others i don't know but for me Security problem i had experience with this. Once i got payment evening of weekend i was busy with other work but some one hack my account and they did Betting all my wallet amount and loose. After two days i checked my account it was ZERO i am shocked and checked history i got my payment but some 1 played casino games and lost full money. So from that day onwards i am not keeping bitcoin in same account i will transfer payment to other account. So for me it's insecure purpose people may stopping using bitcoin i am not sure but i said what happens to me that's it.

I think bitcoin has nothing to do with that matter, you are the only one who can secure yourself from stealers or hackers, not only bitcoin but any currency can be hacked that is not the fault of bitcoin, you should probably secure yourself by doing some good research on how to secure your money and do what you feel is the best way, i'm sure you won't face this problem again.

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For others i don't know but for me Security problem i had experience with this. Once i got payment evening of weekend i was busy with other work but some one hack my account and they did Betting all my wallet amount and loose. After two days i checked my account it was ZERO i am shocked and checked history i got my payment but some 1 played casino games and lost full money. So from that day onwards i am not keeping bitcoin in same account i will transfer payment to other account. So for me it's insecure purpose people may stopping using bitcoin i am not sure but i said what happens to me that's it.

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Fear of losing money

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Many people do not know about the existence of bitcoin, little information(

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Quote from: pocarime32 on April 01, 2016, 12:00:49 PM

Quote from: peta4e on April 01, 2016, 11:39:15 AM

Quote from: nejibens on April 01, 2016, 10:31:45 AM

May be the price volatility isn't encouraging people to use uᴉoɔʇᴉq as payment processor or even to own it

Yes price volatility is the major factor behind people not using moondollars as they have a fear of loosing their money if uᴉoɔʇᴉq price falls in future.

Yes i agree with you. I think price is the most stopping people from using bitcoin, like when the price decrease so down around $200+, There are many of my friends stop using bitcoin.

But, all of your friends will start buying bitcoins in very big quantity. Buying or selling bitcoins are some known ways to use bitcoins in our daily life. But never believe that bitcoins will go those price levels again. We are heading towards $1000.

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Quote from: Hi7 on April 03, 2016, 01:09:40 PM

Bitcoin doesn't bring that more functionality for the average person. BTC is not accepted at much places yet.

yes. that might be true.
but I don't know any one who start using bitcoin once and after some time left it because of this reason. Personally I think people not stopping using bitcoin. even more poeple getting enter into bitcoin industry every day.

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