Topic: What's stopping people from using bitcoin? - page 96. (Read 202139 times)
People who were new to internet or technology don't believe bitcoin in a short time. Only when they see lot people adopting it slowly people unaware of bitcoin too will start accepting it.
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
they dont need to understading blockchain tech's working, how mining working etc, bitcoin is really simple, you dont even need to upload your identity to create a wallet, all they have to do just scan the barcode or addy, send and receive then i think it's not serious problem, it's quite easyWhat I think they question is the legitimacy of bitcoin plus add the lack of knowledge to the cryptocurrency. That's why I think it is. They are more intact to physical currency than the virtual
so many reason that caused people to stop using bitcoin but the most influence is when people didn't trust bitcoin anymore, and other reason like they dont know how to spend and purchased their bitcoin on online as well as ofline, also bitcoin's popularity is the one of factor that influence the people to stop or using bitcoin
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
they dont need to understading blockchain tech's working, how mining working etc, bitcoin is really simple, you dont even need to upload your identity to create a wallet, all they have to do just scan the barcode or addy, send and receive then i think it's not serious problem, it's quite easy I have a strong feeling that price fluctuation is making people to stay away from bitcoin as they have fear of loosing money and that is the reason they are not investing into it.
They are afraid of something else it is the lack of knowledge that scares them. Bitcoin might be a little hard to learn but while using it and asking.
I have a strong feeling that price fluctuation is making people to stay away from bitcoin as they have fear of loosing money and that is the reason they are not investing into it.
What I've noticed among my peers is that there are still questions as to bitcoin's legitimacy. There are questions as to it's legality and concerns of liquidity. If bitcoin's value were to stabilize then many of these concerns would be rectified and questions of legitimacy could begin to be rectified. At which point, legal precedence could be developed that would help draw a clearer picture of bitcoin's place in our global economy. I believe that once the questions surrounding its legality are addressed, there will be an avalanche of new bitcoin adopters.
We are finding more users who are entering into bitcoin but we want that people around them should also vie bitcoin in the same manner as they does or else adoption will be limited to certain extent.
I agree. We, as a community, could help increase adoption by introducing the technology to our peers. As community members, it is advantageous to us to understand the subtle ramifications of the platform so that we might reinforce its legitimacy among our contacts. Let us not forget, bitcoin realizes value through the robustness of its network....not through the liquidity of an exchange!
The price volatility is a major culprit in why people shy away from the use of bitcoin.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
Yeah bitcoin and stocks goes in hand in hand when it comes to volatility as nothing is guaranteed people earned very high profits at initial stage in stocks but in long run they lost everything.
The price volatility is a major culprit in why people shy away from the use of bitcoin.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
What I've noticed among my peers is that there are still questions as to bitcoin's legitimacy. There are questions as to it's legality and concerns of liquidity. If bitcoins value were to stabilize then many of these concerns would be rectified and questions of legitimacy could begin to be rectified. At which point, legal precedence could be developed that would help draw a clearer picture of bitcoin's place in our global economy. I believe that once the questions surrounding its legality are addressed, there will be an avalanche of new bitcoin adopters.
We are finding more users who are entering into bitcoin but we want that people around them should also vie bitcoin in the same manner as they does or else adoption will be limited to certain extent.
What I've noticed among my peers is that there are still questions as to bitcoin's legitimacy. There are questions as to it's legality and concerns of liquidity. If bitcoin's value were to stabilize then many of these concerns would be rectified and questions of legitimacy could begin to be rectified. At which point, legal precedence could be developed that would help draw a clearer picture of bitcoin's place in our global economy. I believe that once the questions surrounding its legality are addressed, there will be an avalanche of new bitcoin adopters.
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
I know how it works. "People think should i start or not? Need to read more about it!" Then they see bad new or smth else and forgeting about bitcoin.
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
i think this answer not precise for this post,this answer more precise with this queston "why people fear and dont want use bitcoin" that just my opinion. The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
Yeah right understanding it takes some time and some reading. You are lucky enough if there will be someone who will teach on how to start, to earn and how to make money from it faster.
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
I am confused as to why a lot of people who say using bitcoin is a difficult thing? if you have trouble in using bitcoin?but it is not like that you just need a wallet. even you do not need email
No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
I agree with this. and many people has no proper knowledge about bitcoin. also they dont trust online transaction.
Yeah actually they have fear of getting scammed or robbed online when it comes to spendig money online and that is the primary reason behind stopping people from using bitcoin.
The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
I agree with this. and many people has no proper knowledge about bitcoin. also they dont trust online transaction.
No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider.
Also, some of them thinks it's been used for illegal purposes and they don't want to get involve.
That's why bitcoin will never replaced the banking system like many of bitcoiners like.
Bitcoin is still very young, with time more and more people will learn of the benefits and start using it 
yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more olderBitcoin is not young. It's just not reached it's possible potential. And if decades past and still the price is the same as today, then bitcoin is really a fail one.
Yeah and price is really important factor in not people using bitcoins, as the price is falling and it is not going to a higher level and majority of them thinks that it is dead.
Well it will be good if they think that bitcoin will die and dump all there coins thats like fishing in a pond full of gold.
No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider.
Also, some of them thinks it's been used for illegal purposes and they don't want to get involve.
That's why bitcoin will never replaced the banking system like many of bitcoiners like.
Bitcoin is still very young, with time more and more people will learn of the benefits and start using it
yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more olderBitcoin is not young. It's just not reached it's possible potential. And if decades past and still the price is the same as today, then bitcoin is really a fail one.
Yeah and price is really important factor in not people using bitcoins, as the price is falling and it is not going to a higher level and majority of them thinks that it is dead.
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