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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
goinmerry
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January 25, 2016, 06:51:15 AM
 #741

I think the scammers are making newbies not using BTC and also I think who are using btc will keep using

Where are you going with this one?  Grin Scammer will be scammers and thats it. For newbies it will always depend on them. How they live might also help. If they have experienced some scams with other things then that is a plus. Because you are tougher than  you are before. Trust can not be easily taken from you unless there is a good explanation.
michnelli6
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January 25, 2016, 06:54:59 AM
 #742

I think the scammers are making newbies not using BTC and also I think who are using btc will keep using

Where are you going with this one?  Grin Scammer will be scammers and thats it. For newbies it will always depend on them. How they live might also help. If they have experienced some scams with other things then that is a plus. Because you are tougher than  you are before. Trust can not be easily taken from you unless there is a good explanation.

I am going with this one as here I explain : Newbie try to deal ( unfortunately mostly with scammers ) , and scammers eat their money, either by double spend or any way possible technically, and then newbies start hating BTC
koshgel
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January 25, 2016, 07:25:21 AM
 #743

Not only is it hard to obtain at the moment for many people but there's an aura of complexity around Bitcoin too.  The volatility in the price doesn't really help when you try to sell it as a stable currency either.

The more reputable businesses that accept it; the more curiosity will be drawn to BTC
futureofbitcoin
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January 25, 2016, 07:34:25 AM
 #744

So after reading this article and especially the ending:

Quote
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?

Because you're asking the wrong question. The question isn't "whats stopping people from using bitcoin?". The question is, "why should people use bitcoin?"

Right now, I don't have a car. If I walk for an hour in any direction from where I live, there isn't a single store that accepts bitcoin. Why should I use bitcoin?

Right now there's absolutely no benefit for the average person to use bitcoin over what they currently have. It's just another thing they have to learn and spend huge amounts of time and effort signing up for various services, pay for wire transfers to exchanges, etc. A lot of work, and absolutely no benefit. In fact, it's less useful than normal payment methods, since it's accepted in a lot less places.

Why should people use bitcoin? If there's no practical answer to that for the average person, they won't use it.
madonnino
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January 25, 2016, 07:42:50 AM
 #745

anway what for we stop people using bitcoin?they can buy a thing or sell, do transaction, invest and gambling or do whatever they want with bitcoin
so nothing way to stop them using bitcoin..bitcoin gave them a big function..

I think the only thing that is stopping people from buying bitcoin is their ignorance about the criptocoins
NorrisK
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January 25, 2016, 07:46:02 AM
 #746

anway what for we stop people using bitcoin?they can buy a thing or sell, do transaction, invest and gambling or do whatever they want with bitcoin
so nothing way to stop them using bitcoin..bitcoin gave them a big function..

I think the only thing that is stopping people from buying bitcoin is their ignorance about the criptocoins

Nopt only ignorance. More and more people around me are starting to talk about bitcoin, but not in a positive way yet.

They hear what the mainstream news has to offer and we all known what that is: Mike hearn's bitcoin is a failure. Massive losses for exchanges, etc.

People are interested in it, but think it is not safe and too complicated at the moment. Once that is solved, people will use bitcoin.
madonnino
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January 25, 2016, 08:06:10 AM
 #747

anway what for we stop people using bitcoin?they can buy a thing or sell, do transaction, invest and gambling or do whatever they want with bitcoin
so nothing way to stop them using bitcoin..bitcoin gave them a big function..

I think the only thing that is stopping people from buying bitcoin is their ignorance about the criptocoins

Nopt only ignorance. More and more people around me are starting to talk about bitcoin, but not in a positive way yet.

They hear what the mainstream news has to offer and we all known what that is: Mike hearn's bitcoin is a failure. Massive losses for exchanges, etc.

People are interested in it, but think it is not safe and too complicated at the moment. Once that is solved, people will use bitcoin.
yeah i think the same but in final: bitcoin is safe and it works perfect. The only problem are humans behind it and the media that want to scare users about bitcoin,instead of reporting banks daily frauds for decades that cheat a lot of savers... this is, but i'm pretty confident that this will change, also thanks to btc
delliaerd
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January 25, 2016, 09:05:15 AM
 #748

I think the scammers are making newbies not using BTC and also I think who are using btc will keep using

Before you use bitcoin , you must check thoroughly it will potentially scamming or not.

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SirLancelot
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January 25, 2016, 05:03:05 PM
 #749

I sometimes feel the technical issues are stopping people to use bitcoins, like recently a friend of mine, he got scammed due to unconfirmed bitcoin transaction sent by a dude who was there to scam, so maybe that!

Watercooler
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January 25, 2016, 05:17:49 PM
 #750

For the majority of people I talk to, they don't understand Bitcoins, the whole concept of digital decentralized
cash is complex for them.


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cjmoles
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January 25, 2016, 11:52:18 PM
 #751

So after reading this article and especially the ending:

Quote
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?

Because you're asking the wrong question. The question isn't "whats stopping people from using bitcoin?". The question is, "why should people use bitcoin?"

Right now, I don't have a car. If I walk for an hour in any direction from where I live, there isn't a single store that accepts bitcoin. Why should I use bitcoin?

Right now there's absolutely no benefit for the average person to use bitcoin over what they currently have. It's just another thing they have to learn and spend huge amounts of time and effort signing up for various services, pay for wire transfers to exchanges, etc. A lot of work, and absolutely no benefit. In fact, it's less useful than normal payment methods, since it's accepted in a lot less places.

Why should people use bitcoin? If there's no practical answer to that for the average person, they won't use it.

I think you hit the nail on the head here.  Why bother with bitcoin when there are so many other "useful" payment methods?  It seems that the most valuable aspect of bitcoin is its pseudo anonymity which makes it easier to bounce money around without regulation.  However, what types of markets are attracted to that feature?  It begs the question: Who REALLY uses bitcoin and why?  Mama certainly doesn't need it for her new pair of shoes, does she?
sahliano
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January 26, 2016, 12:09:28 AM
 #752

what is stopping people from using bitcoin is that they didn't hear about or when they hear they hear that is used bye criminils to buy drugs or lundering money
romero121
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January 26, 2016, 04:56:14 AM
 #753

what is stopping people from using bitcoin is that they didn't hear about or when they hear they hear that is used bye criminils to buy drugs or lundering money

Yes those negative statements only putforth to a person who is interested to join. This makes the user what they say might be right and make themselves flexible to other illegal activities.

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January 26, 2016, 06:19:07 AM
Last edit: January 26, 2016, 07:21:41 AM by steveds
 #754

what is stopping people from using bitcoin is that they didn't hear about or when they hear they hear that is used bye criminils to buy drugs or lundering money

Yes those negative statements only putforth to a person who is interested to join. This makes the user what they say might be right and make themselves flexible to other illegal activities.
It doesn't affects to the person who is interested to join but to those who are lerning about it but are not sure to some extent and to those who have fear of their assets being worth to something of no value in near future.The stability plays a very huge role.
avw1982
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January 26, 2016, 06:47:22 AM
 #755

what is stopping people from using bitcoin is that they didn't hear about or when they hear they hear that is used bye criminils to buy drugs or lundering money

Yes those negative statements only putforth to a person who is interested to join. This makes the user what they say might be right and make themselves flexible to other illegal activities.
It doesn't affects to the person who is interested to join but to those who are kerning about it but are not sure to some extent and to those who have fear of their assets being worth to something of no value in near future.The stability plays a very huge role.

People are eager to earn but what they expect is sudden growth which is possible only at certain level. This can't be accepted by the people those activities or mind set keeps people away from bitcoin. They don't understand that it is hard to earn and unable to face loss, only they need is profit at every situation, no matter whats going on in the market.
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January 26, 2016, 07:12:05 AM
 #756

what is stopping people from using bitcoin is that they didn't hear about or when they hear they hear that is used bye criminils to buy drugs or lundering money

Yes those negative statements only putforth to a person who is interested to join. This makes the user what they say might be right and make themselves flexible to other illegal activities.
It doesn't affects to the person who is interested to join but to those who are kerning about it but are not sure to some extent and to those who have fear of their assets being worth to something of no value in near future.The stability plays a very huge role.

People are eager to earn but what they expect is sudden growth which is possible only at certain level. This can't be accepted by the people those activities or mind set keeps people away from bitcoin. They don't understand that it is hard to earn and unable to face loss, only they need is profit at every situation, no matter whats going on in the market.

but it is more an issue of security of their assets. both securing the bitcoin itself and also securing the value of it which is out of their hands because of the high volatility of the market. so using bitcoin as a currency becomes that much harder.

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DeDordtenaar
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January 26, 2016, 07:33:33 AM
 #757

nothing can stop the use of bitcoin. anything that way. even the use bitcoin will continue to have a good prosfek.
I think it could happen. you will not know the reason for someone to come out of the bitcoin.


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January 26, 2016, 08:07:00 AM
 #758

nothing can stop the use of bitcoin. anything that way. even the use bitcoin will continue to have a good prosfek.
I think it could happen. you will not know the reason for someone to come out of the bitcoin.

My friend used bitcoin about 2 years ago and for nowadays he vacuum use bitcoin. He didn't tell me details about how he stopped use bitcoin anymore. But I'm sure he made something wrong and get vacuum.

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January 26, 2016, 08:17:17 AM
 #759

nothing can stop the use of bitcoin. anything that way. even the use bitcoin will continue to have a good prosfek.
I think it could happen. you will not know the reason for someone to come out of the bitcoin.

My friend used bitcoin about 2 years ago and for nowadays he vacuum use bitcoin. He didn't tell me details about how he stopped use bitcoin anymore. But I'm sure he made something wrong and get vacuum.

one of my friends bought a bitcoin one years ago or something, he play on PD and he lost 0.7, after that he sold to me the 0.30 and stopped whit bitcoin, I call it a brusque approach Cheesy
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January 26, 2016, 08:23:11 AM
 #760

People find it a waste of money to spend on it because they think they get no profit from.
And they do not take the risk to invest in it.


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