goinmerry
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Activity: 2940
Merit: 1083
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May 17, 2016, 05:19:59 AM |
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My friend and other people in bitcoin groups they stopping in bitcoin because they only collecting in faucets but thats not the reason why they stopping bitcoin they gambling their all satoshi in gambling site and they all loss their satoshi in 1 day only. So they collecting again satoshi in many faucets everyday and they hoping to win in Gambling sites but they always loss. So they stopped now in bitcoin.
Wow. They earn a few satoshi and start gambling it already? That is just waste of time. I dont think you could grow that much money just doing that. Maybe they should start learning how to save it. |
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quintiilieo
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May 17, 2016, 05:27:51 AM |
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My friend and other people in bitcoin groups they stopping in bitcoin because they only collecting in faucets but thats not the reason why they stopping bitcoin they gambling their all satoshi in gambling site and they all loss their satoshi in 1 day only. So they collecting again satoshi in many faucets everyday and they hoping to win in Gambling sites but they always loss. So they stopped now in bitcoin.
Wow. They earn a few satoshi and start gambling it already? That is just waste of time. I dont think you could grow that much money just doing that. Maybe they should start learning how to save it. Yup they earn in collecting few satoshi and they earn it almost 1 week and then they bet it in just 1 day and loose it in gambling. Because here in our country many people hoping to win in gambling. They just wasting there money in gambling but they dont care even if they lose more than they win. They not counting all of their deposit than their winnings bitcoin. |
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Mastsetad
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May 17, 2016, 11:29:53 AM |
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There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.
The reason why most people are not aware of bitcoin and its technology yet is because there are not a lot of businesses that accepts bitcoin so because there are less places accepting bitcoin that is why people around the globe are not getting aware of it easily. When different places in different countries will start accepting bitcoin as a payment system after that people will become aware of it and after that they would surely start using it. |
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tabas
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May 17, 2016, 11:51:44 AM |
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There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.
But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff. There is a big possible that people are knowing that bitcoin is used with illegal used especially for those people who are curious with deep web. There are lots of transactions there and not just transactions but illegal transactions. |
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Daifotis
Newbie
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Activity: 49
Merit: 0
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May 17, 2016, 11:55:04 AM |
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There are a lot of people that don't know about bitcoin and don't understand it. It is also difficult to obtain for most people. Also there aren't many businesses that accept it yet. It's going to take some time.
But many people trying to learn something if they don't know about it and i know manyny peoples who doing the same. I think the main reason is they scared of scammers and other illegal stuff. There is a big possible that people are knowing that bitcoin is used with illegal used especially for those people who are curious with deep web. There are lots of transactions there and not just transactions but illegal transactions. So what if bitcoin is used in illegal activities? How about fiat? All form of money are used in illegal activities. If that is the reason of others why they don't use bitcoin then better plant a camote plant and start picking some grass. |
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pocarime32
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May 17, 2016, 12:56:27 PM |
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I think the best reason why people stop using bitcoin is the price of bitcoin. I mean, if the bitcoin's price is $1 for each bitcoin, people will give up on bitcoin and not using it anymore.
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saiha
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May 17, 2016, 01:41:02 PM |
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I think the best reason why people stop using bitcoin is the price of bitcoin. I mean, if the bitcoin's price is $1 for each bitcoin, people will give up on bitcoin and not using it anymore.
I don't think it is one of the reason why people will stop using bitcoin, instead it will encourage people to use bitcoin because it is very high value when converted to dollars and it will help them to use it and earn with it. |
Vires in Numeris
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Sandroxa
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May 17, 2016, 01:44:28 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
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SquallLeonhart
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Activity: 2338
Merit: 1101
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May 17, 2016, 01:51:15 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
Any investment will take certain time to give you returns so you need to have patience and you cannot expect profits overnight so I don't think this is valid reason. |
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Altynbekova
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May 17, 2016, 02:06:42 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
Any investment will take certain time to give you returns so you need to have patience and you cannot expect profits overnight so I don't think this is valid reason. I do not think this is the reason, I think the reason is because they are scared to invest in the bitcoin because you can also lose a lot of money by investing. |
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saiha
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May 17, 2016, 02:13:55 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
Any investment will take certain time to give you returns so you need to have patience and you cannot expect profits overnight so I don't think this is valid reason. Yes me too, this is not a valid reason why people are stopping for using bitcoin. And we all , know even in fiat money investments are just the same with bitcoin that needs patience and no fast return of investments. |
Vires in Numeris
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fkvidar
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May 17, 2016, 02:21:33 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
Any investment will take certain time to give you returns so you need to have patience and you cannot expect profits overnight so I don't think this is valid reason. Yes me too, this is not a valid reason why people are stopping for using bitcoin. And we all , know even in fiat money investments are just the same with bitcoin that needs patience and no fast return of investments. If you are expecting returns in short time then you are playing with your investments and also with profits, but I think people are scared to invest their money in bitcoin. |
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bitcoineverything
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May 17, 2016, 03:35:34 PM |
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For me, it is the fear that the value of bitcoin gets down to its lowest and eventually loose their money...they just don't know what bitcoin promises in the future  |
We are here to give you all the latest from the Cryptocurrency space! |
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streazight
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May 17, 2016, 03:52:13 PM |
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People are going to stop using Bitcoin when they are realizing that it can takes a long time until the value will be more worth and that is bad because they need patience for it.
So you also can better wait a longer time to hold and sell it later after the price increase.
Why not use it? Transaction time. Bank transactions typically take 3-5 business days. In some cases it's faster to mail cash to another country than it is to transfer funds electronically. Bitcoin transactions are visible on the network immediately, and confirmed in about ten minutes. |
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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May 17, 2016, 04:12:36 PM |
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For me, it is the fear that the value of bitcoin gets down to its lowest and eventually loose their money...they just don't know what bitcoin promises in the future We all dont think alike and that is what we have to see to understand them. Go back to being a newbie again and see their prespective, that way you woild know why they have some doubts about it. Surely we all started with a doubt here. And some what ifs. |
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katrimans
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May 17, 2016, 04:21:18 PM
Last edit: May 28, 2016, 07:03:55 AM by katrimans |
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1. we aren't getting paid in bitcoin
2. nowhere to spend outside or even on the internet.
People dont have knowledge from bitcoins |
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Mr.grin
Legendary
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Activity: 1218
Merit: 1000
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May 17, 2016, 04:27:30 PM |
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For me, it is the fear that the value of bitcoin gets down to its lowest and eventually loose their money...they just don't know what bitcoin promises in the future We all dont think alike and that is what we have to see to understand them. Go back to being a newbie again and see their prespective, that way you woild know why they have some doubts about it. Surely we all started with a doubt here. And some what ifs. nothing is certain in bitcoin, even price. I think so many people are disappointed with the price of bitcoin, maybe they are the people who invested their money when the price of bitcoin is still high in the past |
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BitcoinPaw
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May 17, 2016, 05:03:44 PM |
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For me, it is the fear that the value of bitcoin gets down to its lowest and eventually loose their money...they just don't know what bitcoin promises in the future They can earn theirs bitcoins for free, faucets, signature campaigns and other different ways to get bitcoins. It's really bad reason not to use bitcoins  |
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Oralmat
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May 17, 2016, 05:58:55 PM |
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In addition, Bitcoin is not commonly used for purchases simply because people don't earn bitcoin at their jobs. They earn USD/EUR/CNY, etc. And that's what they spend when they buy things. Going through an extra step (via BTC or gold, etc.) is just massively inconvenient and subjects the buyer and seller to exchange rate volatility. Add in the fact that fiat currency denominated credit and debit cards are extremely user friendly and that fraudulent charges are reversible then you have a killer app for fiat currency that's hard to beat.
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The_prodigy
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May 17, 2016, 06:47:50 PM |
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Honestly only ponzi schemes and scammed sites is the problem thats why people are stopping using bitcoin because they know that bitcoin has many scammers or any ponzi schemes its a bad image for bitcoin.. so instead they are using bitcoin now they are stopping ising it because of those problems.. and until now we can not stop those ponzi or any investment site to destroy the image of bitcoin..
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