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Sierra8561
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May 04, 2016, 02:43:34 AM |
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Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.
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Mr. Big
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While my guitar gently weeps!!!
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May 04, 2016, 02:54:59 AM |
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Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.
Bitcoin still needs to introduce itself, and we are part of it...Yeah that's true, it's very impressive that bitcoin is being known and being spread through out the world faster and faster each year..So probably if many in the world know bitcoin, its all up to them if they will use it or not... |
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Doms
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May 04, 2016, 03:10:05 AM |
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Mass adoption will really take a while because BTC is a relatively new currency. Since it is still in its early stages, people will be slow to adopt to it, because of the instability, acceptability, and volatility of price. Once ordinary people start to use and more merchants accept it, that will be the start of something bigger for BTC.
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Sierra8561
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May 04, 2016, 03:31:17 AM |
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Mass adoption will really take a while because BTC is a relatively new currency. Since it is still in its early stages, people will be slow to adopt to it, because of the instability, acceptability, and volatility of price. Once ordinary people start to use and more merchants accept it, that will be the start of something bigger for BTC.
Once broader acceptance is achieved. Volatility will decrease dramatically. The foundation has been laid to achieve this. |
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GKE
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May 04, 2016, 04:07:50 AM |
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Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.
how can ANXBTC control the exchange rate? |
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Sierra8561
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May 04, 2016, 04:38:23 AM |
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Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.
how can ANXBTC control the exchange rate? In the US bitcoin is a commodity, not a currency. I'm interested how a conversion would work. |
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tabas
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May 04, 2016, 08:06:52 AM |
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Majority of the world has never heard of bitcoin. On the plus side it's growing fast of you compare year to year.
Yeah, so still bitcoin will still need to get known by all countries in the world so that people won't stop trying to use it. That is a good side on bitcoin that he is very competitive and keeps growing every day. |
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virtualkeybuyer
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May 04, 2016, 08:12:07 AM |
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Its anonymity is stopping people from it
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maudevang
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May 04, 2016, 08:45:43 AM |
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Most of the merchants are simply not accepting bitcoin... But this problem can be solved by exchanging bitcoin to local currency, such as ANXBTC.
This is one of the reasons why people are stopping to use bitcoin or they don't even want to try to use it. Because most of the merchants,stores and other businesses don't want to accept bitcoins for their payments. But sooner or later they will accept it, trust bitcoin. They are stopping with Bitcoin if they are realizing that they cant earn more money with it and that they have to wait a long time until the value will be more worth and that would be bad. But you never know what is going to happen with Bitcoin so it is also hard to make a decision with it and that is risky. |
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Sakthi
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May 04, 2016, 08:52:22 AM |
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Its anonymity is stopping people from it
Everyone needs money. This is the pretty modern way to earn. I will share as much i can. Should everyone!!! |
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LCSociety
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May 04, 2016, 11:39:21 AM |
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People struggle to understand that most of their fiat curreny is virtual/digital, so i'm not surprised that the general public struggle to understand the concept of digital currency
Just like everything, it will take time. Alot of consumer education will have to take place, and alot of brushing up needs to occur in terms of how bitcoin is being presented to the public
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RobinHoodster
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May 04, 2016, 02:03:33 PM |
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You see that people are going to stop with Bitcoin if they not can make profit with it and that is quite bad because they dont have the patience for it and that is quite bad.
But you never know what is going to happen with Bitcoin and that is the problem because we cant control the value.
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tampazeus
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May 04, 2016, 02:10:47 PM |
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You see that people are going to stop with Bitcoin if they not can make profit with it and that is quite bad because they dont have the patience for it and that is quite bad.
But you never know what is going to happen with Bitcoin and that is the problem because we cant control the value.
The true believers of bitcoin will never leave bitcoin in future even if the price falls but the fact is that they get disappointed if they cannot make profits on regular basis. |
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kik1977
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May 04, 2016, 02:23:13 PM |
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Incentive (laziness)  |
We are like butterflies who flutter for a day and think it is forever
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Altynbekova
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May 04, 2016, 02:28:25 PM |
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I think what is stopping people from using the bitcoin is that its scared to invest in something that can collapse.
Plus they also think its something criminals, thanks to the media...
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CoinSiteDesigner
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May 04, 2016, 02:33:38 PM |
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The volatility of the price. If the price is not steady, we will not hold and use bitcoin as we do not know the purchasing power tomorrow.
But that's same with the forex, gold, silver, real estate, almost everything is right? What's the guaranty that could be the only reason? |
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romero121
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Enterapp Pre-Sale Live
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May 04, 2016, 03:05:31 PM |
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Incentive (laziness) Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided. |
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prtty2gal2
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May 04, 2016, 07:29:47 PM |
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you can buy bitcoin and i don't think it's hard. signature campaign is a not so hard way. or start with faucet, it's very easy, a good start for newbie, many people believe that.
That's right but still you need to explain this ways of earning to other people in order to convince to start using bitcoin. There's a lot of opportunities for each and everyone of us here in bitcoin. But still there are circumstances that stopping them. Yes, we have to grab any opportunity which give us the chance to earn free bitcoins, no matter how much is its amount but we have to make sure that we have to prefer that opportunities which give us big money. |
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PinkLlama
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May 04, 2016, 07:31:22 PM |
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There's a couple of reasons I can think of:
- Bitcoin is too complex for them
- They don't know how to get Bitcoin
- The price is not stable so they think they'll lose all of their money
I don't really know any other reason but these are some of the main ones.
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Developing great Bitcoin tools for the community
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tyz
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May 04, 2016, 07:47:19 PM |
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This is absolutely right. When I talk to people, they always state that the government will assure the value of fiat money. But they even do not understand what inflation really means or the ECB is stopping to give out 500 € bank notes. People struggle to understand that most of their fiat curreny is virtual/digital, so i'm not surprised that the general public struggle to understand the concept of digital currency
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