What's stopping people from using bitcoin?

[blackmachinegun]

Adoption is slow process, but more and more people coming!
China is crazy for bitcoins , they have cheap electricity and large bitcoin mining farms..

growth is very fast have very many users of bitcoin who countless
I will stop using if everyone no longer using bitcoin but I think it's impossible

[davinchi]

First, not many people have heard of bitcoins in general. You would be surprised the number of individuals who have no idea what a crypto-currency is. Second, the idea of what is bitcoin is misconstructed in a negative way. People are starting to think and associate bitcoins as "evil" or criminal when in actuality, bitcoins are a efficient way to transfer money to anyone extremely quickly. Third, people might think bitcoins are too technical or for people who are extremely technologically savvy when that is not the case. Anyone can start using bitcoins within a few minutes if introduced and they can set up a wallet very simply. 

Yes, lack of information is the main reason for bitcoins are not used commonly in my country. Yes majority of people have not heard about bitcoins. Price fluctuations also affect this but as Bitcoins are going very well, and all the people will get adopt it very soon.

[goinmerry]

Adoption is slow process, but more and more people coming!
China is crazy for bitcoins , they have cheap electricity and large bitcoin mining farms..

growth is very fast have very many users of bitcoin who countless
I will stop using if everyone no longer using bitcoin but I think it's impossible

They maybe the one who will that 21 million mark  . Fast mining everyday. It is like gold mined all over the world and nothing left. If that happen bitcoin price will increase also like gold and those who hold it will be rich.   

[Rizky Aditya]

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

[joinal]

I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.

I think not everyone will stop if prices fall touched $ 50, I think everyone would stop using, when bitcoin worthless or dead
but I think it's impossible

[ajun96]

People are too used to just using fiat to pay for things. They really have no reason to change to Bitcoin. I love Bitcoin though.

although loving fiat, fiat money will still be old-fashioned and will be left, perhaps for now people prefer fiat,
but I will not stop using bitcoin, just because fiat money

[HarHarHar9965]

I think what's make people stop using bitcoin is when the bitcoin price going really really down like $50. Or there's someday another cryptocoins born and being popular like bitcoin.

I think not everyone will stop if prices fall touched $ 50, I think everyone would stop using, when bitcoin worthless or dead
but I think it's impossible

 

Only few people believed in the rise of bitcoin and started buying much they can during the value fall during the past week. One thing people much going through is the secure nature of bitcoin. People who had never trusted the technology and fearing to decentralized nature some has stopped buying , invested those they have earned from their accounts for their future growth.

[GannickusX]

I'm pretty sure one of the biggest problem is that is actually hard to buy bitcoins, for example with visa/mastercard, there are not many trusted websites that you can go and just buy bitcoins without first validating your account with id and bla bla. Localbitcoins is also a poor choice, again the same problems + insane prices compared to the market.

There is a lot of trusted exchange sites selling Bitcoin online like Localbitcoins, Coinbase, and so on.
But the problem this exchange sites don't offer their services worldwide usually and there is some payment methods (like Paypal for example) not available worldwide as well

What? I talked about localbitcoins, don't you read before posting? ''Localbitcoins is also a poor choice, again the same problems + insane prices compared to the market.'' You would pay way more for 1 bitcoin on localbitcoins than other exchanges. Don't you have to validate your account on coinbase first with credentials?

[Premium Account Reseller]

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?

[sishendaoye]

The most important thing that's stopping people from using bitcoin is what the media puts out about bitcoin. Whenever the media gets involved, it's always a negative thing what they say or write about bitcoin. This is not helping bitcoin at all.

[nerFohanzo]

The most important thing that's stopping people from using bitcoin is what the media puts out about bitcoin. Whenever the media gets involved, it's always a negative thing what they say or write about bitcoin. This is not helping bitcoin at all.

That's correct media has played an very important role in spreading the negative publicity related to bitcoins and media has a great influence on the mindsets of the people they just get carried away with the news that is displayed my the media and also the government is not coming in the support of bitcoins, if bitcoin gets support from the government then it can be more popular.

[danherbias07]

The most important thing that's stopping people from using bitcoin is what the media puts out about bitcoin. Whenever the media gets involved, it's always a negative thing what they say or write about bitcoin. This is not helping bitcoin at all.

I agree with you. It is the output of have they been telling people about bitcoin. And how it is used by different kinds if syndicate. But there will be a time that they wont even listen to them. Without trust with the government the media comes with that .We all now that those media are also controlled by the government.

[Boosterious]

So after reading this article and especially the ending:

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 just know that some of my friends stop using bitcoin because they feel hard to get and annoying when bitcoin price fall down,and i think its major problem for newbie to stop using bitcoin,

[Lutzow]

Well, would you wait for 30 mins to 1 hr to pay for your grocery items? No. It takes a while for btc to be have confirmations so I guess some altcoins can try to squeeze themselves in that area since some of them can be transferred in just a few minutes. Still slow as compared to paying with FIAT but that's still way better than 30 minutes or more.

[praprata]

Well, would you wait for 30 mins to 1 hr to pay for your grocery items? No. It takes a while for btc to be have confirmations so I guess some altcoins can try to squeeze themselves in that area since some of them can be transferred in just a few minutes. Still slow as compared to paying with FIAT but that's still way better than 30 minutes or more.

Yeah that is also the problem it will be just nice if we have a lot more ATM for bitcoin so you just can cash out with your phone.
I hoping that it will happen this year more and more ATM in other country too.

[diodio5]

I ever stopped a few months to use bitcoin, but then I use bitcoin again
I stopped at the time because bitcoin prices plunge fall to $ 150- $ 180

[mayax]

I ever stopped a few months to use bitcoin, but then I use bitcoin again
I stopped at the time because bitcoin prices plunge fall to $ 150- $ 180

you made a wise decision. you have debit cards with ZERO fees and instant transactions and guess what? the debit cards are electronic money too

[DavidoAlto]

I think that people are afraid of using bitcoin, because they want to lose there money when they buy bitcoin and that is why a lot of people is going to panic when the price is going low.

[TravisNeko]

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news.

[GannickusX]

Well, would you wait for 30 mins to 1 hr to pay for your grocery items? No. It takes a while for btc to be have confirmations so I guess some altcoins can try to squeeze themselves in that area since some of them can be transferred in just a few minutes. Still slow as compared to paying with FIAT but that's still way better than 30 minutes or more.

It will never be as fast as paying in cash, obviously not even as fast as a credit card since that's instant. I don't see bitcoin as something you would use to buy grocery products but more for bigger transactions. At the moment bitcoin is not better than fiat a part from being anonymous you don't get much more benefit from it.