What's stopping people from using bitcoin?

[kevin go]

extacly the main things they stop using bitcoin is because of they dont understand and the price is getting lower right now.
for example if they understand and make profit, can buy or sell something, can do a fast transaction ..so why they leave?

[bitbaby]

Bitcoin is connected to black market and others things heavy,that fiat were connected and still but people think they created those coin and is a ponzi thing to steal your money,besides those we may say the oldest people doesnt know work with technology soo they avoid it.The others well they dont wanna to search or know about bitcoin ,as they dont believe on it ,soo lets say that are several reasons to dont use bitcoin but is when you dont care about what may happen tomorrow for me is the same.Bitcoin has bringeg huge investors into it ,the fact it has already 7 years and a value of 400 dollars for 1 btc should make people start to search about it atleast.

I don't believe that is entirely the reason for people to not use bitcoin but it maybe a part, people who are outsiders to the bitcoin world read news and every now and then there are bad news associated with bitcoin, which includes scams or thefts, like the recent Cryptsy one and that puts them a little on the back foot.

[owm123]

Bitcoin is connected to black market and others things heavy,that fiat were connected and still but people think they created those coin and is a ponzi thing to steal your money,besides those we may say the oldest people doesnt know work with technology soo they avoid it.The others well they dont wanna to search or know about bitcoin ,as they dont believe on it ,soo lets say that are several reasons to dont use bitcoin but is when you dont care about what may happen tomorrow for me is the same.Bitcoin has bringeg huge investors into it ,the fact it has already 7 years and a value of 400 dollars for 1 btc should make people start to search about it atleast.

I don't believe that is entirely the reason for people to not use bitcoin but it maybe a part, people who are outsiders to the bitcoin world read news and every now and then there are bad news associated with bitcoin, which includes scams or thefts, like the recent Cryptsy one and that puts them a little on the back foot.

News like this one recent:
http://www.theguardian.com/sustainable-business/2016/jan/28/bitcoin-darknet-online-child-abuse-financial-sector

are not helping and are not making it easier to start using Bitcoin.

[danherbias07]

Most of the people don't understand it well because of it's complex technology. They haven't ever seen anything like it before.

If we tell them it is very similar to gold than they can easily get what BTC is.

Still hard but maybe some push will make it. If they think like that then it is our job to let them know that it is different than what they think. Somehow that might spark in their minds.

[kartaggen]

Most of the people don't understand it well because of it's complex technology. They haven't ever seen anything like it before.

If we tell them it is very similar to gold than they can easily get what BTC is.

Still hard but maybe some push will make it. If they think like that then it is our job to let them know that it is different than what they think. Somehow that might spark in their minds.

What you are saying is correct, but not all think like that, as there are many people in this world which feels that their friends and relatives should not know that he is earning bitcoins, people don't want that other should know how to earn bitcoins.

[Anddos]

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

[Mr. Big]

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

It's really the knowledge that makes us different from those who do not use bitcoin, but if they too, know that it has a value and it can be use, then one day they'll be here... 

[jethrorn99]

There's still a lot of people that still didn't know what bitcoin is. If they don't know what bitcoin is, then how are they gonna use it?

And in here, there's a lot of people that doesn't understand how to use it, that's a factor.

[Windpower]

the main reason is that they think that bitcoin can be used only for doing the illegal things and that it can be illegal for people to use it though in most countries its not illegal

What the hell. Who in the world thinks that? I know there was some issues with that, but not that many.

[Anddos]

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

It's really the knowledge that makes us different from those who do not use bitcoin, but if they too, know that it has a value and it can be use, then one day they'll be here... 

Remember that once there were people using salt for money, or feathers at one point. Also, what gives gold value? Read about it - it's more than interesting. The simple fact is that it is not easily degradable. Salt, feathers, bitcoin - it has value because we say so.

[vrm86]

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

It's really the knowledge that makes us different from those who do not use bitcoin, but if they too, know that it has a value and it can be use, then one day they'll be here... 

Remember that once there were people using salt for money, or feathers at one point. Also, what gives gold value? Read about it - it's more than interesting. The simple fact is that it is not easily degradable. Salt, feathers, bitcoin - it has value because we say so.

Centuries ago salt was very hard to obtain (as gold) and therefore it's value was so high. Mean of payment have to be somehow rare to not inflate economical system with excessive supply.

[Anddos]

It's not even about understanding about profit and transactioning. People do not get how can there be noney that doesn't exist and that no one governs. Like a bank. It's nothing, nowhere. But it's still money with real value.

It's really the knowledge that makes us different from those who do not use bitcoin, but if they too, know that it has a value and it can be use, then one day they'll be here... 

Remember that once there were people using salt for money, or feathers at one point. Also, what gives gold value? Read about it - it's more than interesting. The simple fact is that it is not easily degradable. Salt, feathers, bitcoin - it has value because we say so.

Centuries ago salt was very hard to obtain (as gold) and therefore it's value was so high. Mean of payment have to be somehow rare to not inflate economical system with excessive supply.

Exactly.

And also to the user that said that the price of bitcoin fluctuates I want to tell him that in Europe for example there are countries where the euro hasn't been implemented yet and because of the exchange ups and downs there are people getting rich like crazy. It's the same with bitcoin, only that it's electronic.

[Thekool1s]

From what i believe is that lack of places to spend bitcoin, In my country i can hardly buy anything from bitcoin, mostly i can just store and exchange and nothing beyond that. If i could live without fiat i would do that, but only thing stopping me from using it is unavailability to spend. I blame this on media and governments. From media we get that everything can be hacked, and we all know the governments part.

[Daniel91]

I can't say for people in other countries but in my country I can mention a few reasons.
No so many people use Internet.
People are skeptic and scared to send money or pay something over Internet.
People don't know about Bitcoin.
If they heard they don't believe in such concept of virtual money.
Only 1 Bitcoin ATM in whole country and only a few merchants accept Bitcoin.
 

[eeaweeaws]

I think people mostly don't know or don't understand what bitcoin is, that's why, as it is said in the thread for newbies - it is an ingenious mathematical technology - and sometimes that can be a little scary for people.

yes, i am totally agree. same moment is also here in my country. no one don't know about bitcoin. what is the bitcoin? how it is works ? how it is transacting? if they will know everything about it. here this is the main reason for people not using bitcoin.  

[RealBitcoin]

They haven't experienced a 90% bank bail-in yet.

After that they will be so mad , that they will have to buy bitcoin.

Oh wait they wont, they wont have money after that HAHAHA!

[blunderer]

They haven't experienced a 90% bank bail-in yet.

After that they will be so mad , that they will have to buy bitcoin.

Oh wait they wont, they wont have money after that HAHAHA!

90% haircut? Must feel something like this:



NXT is the Best Altcoin!

[MrGodMan]

I think people mostly don't know or don't understand what bitcoin is, that's why, as it is said in the thread for newbies - it is an ingenious mathematical technology - and sometimes that can be a little scary for people.

yes, i am totally agree. same moment is also here in my country. no one don't know about bitcoin. what is the bitcoin? how it is works ? how it is transacting? if they will know everything about it. here this is the main reason for people not using bitcoin.  

All the bitcoins users are now in the saving mode in their block chain or multi wallet for the price rise. The price is going down. When the price will go little up then may be all the users of bitcoins will start selling and buying something online and do trading too.

[Yakamoto]

I think people mostly don't know or don't understand what bitcoin is, that's why, as it is said in the thread for newbies - it is an ingenious mathematical technology - and sometimes that can be a little scary for people.

yes, i am totally agree. same moment is also here in my country. no one don't know about bitcoin. what is the bitcoin? how it is works ? how it is transacting? if they will know everything about it. here this is the main reason for people not using bitcoin.  

All the bitcoins users are now in the saving mode in their block chain or multi wallet for the price rise. The price is going down. When the price will go little up then may be all the users of bitcoins will start selling and buying something online and do trading too.

Most investors and speculators are trying to figure out what to do with the current political climate in the Bitcoin economy right now. Amid Classic, Core and Unlimited being at each other's throats, no-one wants to be caught up in the fallout of the argument. That's part of why we are seeing the Bitcoin price at the lower end of the spectrum for it right now. Once someone gives up and there's a definitive chain that will be used, we'll see the price be going back up.

[busybee7]

nothing stops them from doing that, i guess people are just afraid to have trouble with law