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Author Topic: What's stopping people from using bitcoin?  (Read 202107 times)
danherbias07
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November 13, 2015, 02:56:00 PM
 #221

some people are afraid of the adjustment of the bitcoin

some people are not even use to using a pc in their everyday life

I guess it really just depends on the person and if they know about the bitcoin then maybe they just don't believe in investing in it

Some still want it where they can have a real job. Like moving all their bodies. For me I still move my entire body I just use this for a side earning whenever I am free.

Yes and maybe some doesnt just want to sit in front of their personal computer for several hours.

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November 14, 2015, 10:01:01 AM
 #222

Its probably the lack of security and the narrow selection of where you can use it.

It will probably expand, but after some time

Lack of security? Bitcoin is perfectly secure, more secure than bank accounts.

Of course if the user is newbie and he himself cant keep his PC secure, thats another problem, but that's not bitcoin's fault.

Just like if you fall down the stairs, it's not the stairs fault.

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November 14, 2015, 10:29:59 AM
 #223

Lack of security? Bitcoin is perfectly secure, more secure than bank accounts.

Of course if the user is newbie and he himself cant keep his PC secure, thats another problem, but that's not bitcoin's fault.

Just like if you fall down the stairs, it's not the stairs fault.

Not sure about the bank accounts part - depending on where you are banks can be stable or even backed by the government (i.e. Australia during the GFC) which makes them extremely safe unless the government itself becomes broke.

As to security - I feel that people find it too difficult/too much effort to learn how to keep their Bitcoin safely (take for example the people who just use insecure passwords which have lead to numerous hacks).
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November 14, 2015, 11:02:34 AM
 #224

People dont know bitcoin and what it has to offer to them,governments know if bitcoins get well know they will loose a huge fee taken from banks,and well banks will close,only country of the governement should stay open,or do you guys think anyone like to pay a montly fee to the bank because you have an account there ?

Bitcoin is safe and secure more then banks or others companies,but that is what miners do for us now protection ,the question will be when the btc mining be over what will be done to keep bitcoin safe?
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November 14, 2015, 11:24:32 AM
 #225

The last pump of the price was a good chance for new people to use bitcoin, but now that the price is much more down this makes people to think to quit, sadly.
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November 14, 2015, 12:59:16 PM
 #226

When the price rises, the value of my coins is higher,  I will use bitcoin to buy things. Otherwise, I will buy more coins.
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November 19, 2015, 12:55:47 AM
 #227

The last pump of the price was a good chance for new people to use bitcoin, but now that the price is much more down this makes people to think to quit, sadly.

The price is up or down all the time. Some people will buy, some will sell. There is no difference. The most important is the adoption of the bitcoin.
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November 19, 2015, 06:08:08 AM
 #228

I'm from a 3rd world country.. even so the usage of BTC has picked up speed spurred by blue ocean opportunities people here see as an investment tool and/or as a hedge against fledging national currency
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November 19, 2015, 07:33:26 AM
 #229

there are many reason to stopping people from using bitcoin,and some of it :
- Boring,some people may bored with bitcoin,they have no more effort to earn and transaction with it.
- lack of knowledge,some of them also have a lack knowledge,they dont know how to do with their bitcoin.
- banned,maybe some country decided ban and make bitcoin illegal,and it make some of bitcoiner stop.
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November 19, 2015, 11:35:39 AM
 #230

there may be some people who stop using bitcoin, i think they stop because this several reason:
- the price is unstable, we can not predict when the price will go up or down
- bitcoin has not been recognized their the country
- boring, for people looking for bitcoin from zero maybe feels so boring
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November 19, 2015, 11:41:12 AM
 #231

there may be some people who stop using bitcoin, i think they stop because this several reason:
- the price is unstable, we can not predict when the price will go up or down
- bitcoin has not been recognized their the country
- boring, for people looking for bitcoin from zero maybe feels so boring
I refuse the third reason, because if you start without something you will be even more interested because you can earn free money online without a big asset (even with no asset).
error08
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November 19, 2015, 02:40:08 PM
 #232

use bitcoin that bebaslah that allows people stop using bitcoin like drug deals, etc
JeWay
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November 19, 2015, 02:46:40 PM
 #233

use bitcoin that bebaslah that allows people stop using bitcoin like drug deals, etc
What are you talking about, I think you're misunderstand sir. Are you talking about what thing that we should stop?
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November 19, 2015, 04:10:13 PM
 #234

People don't know how to use it or what to do with it.

And yeah Bitcoin is a new thing and alot of people still haven't heard about BTC.
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November 19, 2015, 04:12:47 PM
 #235

I think there are several things keeping people from using it.

#1-It isn't easy
Despite what many people think Bitcoin is not easy.  Imagine explaining Bitcoin to someone who didn't know anything about technology.  Come back in a couple years after you are done explaining it to them please.

#2-People don't trust it
Some guy invented his own currency and we are just supposed to say, yeah definitely this is awesome.  People don't adapt to change like that and are brought up to question everything

#3-People think it isn't safe
People think they will lose their identity if they use Bitcoin, or will lose all their coins by getting hacked or something like that.

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November 19, 2015, 04:32:02 PM
 #236

You're asking a very complex question. This question can not be answered with a reason or two. There are many factors in play. Maybe Bitcoin is still too complex for some people. Besides, the majority are ignorant and closed-minded (change is hard to accept).

yes i agree. most people dont know that btc it exist at all and some of the
that know bitcoin are afraid to invest because of its anonymity and are afraid to
lose their money.

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November 20, 2015, 06:51:01 AM
 #237

You're asking a very complex question. This question can not be answered with a reason or two. There are many factors in play. Maybe Bitcoin is still too complex for some people. Besides, the majority are ignorant and closed-minded (change is hard to accept).

yes i agree. most people dont know that btc it exist at all and some of the
that know bitcoin are afraid to invest because of its anonymity and are afraid to
lose their money.

These are all most common hiccups usually all new technologies encounters.
For mass adoption of bitcoin we need more time. I believe the price increase of bitcoin will make more people to know it / believe it / accept it. Yes, popularity and using of bitcoin will come only after bitcoin goes to a bigger price levels.
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November 20, 2015, 07:24:56 AM
 #238

Many places still bitcoins are not accepted as a formal currency so many people hesitate to invest money in these bitcoins.
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November 20, 2015, 07:52:49 AM
 #239

Most people around me don't even know about btc, and for those who ever heard about it either they don't get the point of using it or they are not confident enough in using technology.
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November 20, 2015, 08:50:49 AM
 #240

Most people around me don't even know about btc, and for those who ever heard about it either they don't get the point of using it or they are not confident enough in using technology.
Same here, they don't even know earning money via btc. The only thing they know to earn online is selling cosmetics, clothing, etc. Plus they dont know much about computer thing. They prefer going to farm or going to their day jobs.
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