Aamir1
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February 08, 2016, 10:44:46 AM |
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The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.
Everyone will accept the change if they come to know about its worth and value, the only thing is that they think this is just a waste of time, it is never introduced or explained to them so that's why they think it is not something for us because it will just waste our time, but actually they are wrong.
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NordicRanger
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February 08, 2016, 11:07:42 AM |
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I think the bad publicity BTC had in the beginning is massively affecting the adoption, at a time BTC was being advertised as solely a criminal currency by the media, now the adoption is increasing but there are still traits of bad publicity in people's minds,
I seldom hear bitcoin being used in illegal trades now. Is it true that there is no big illegal market like Silkroad now? Well, bitcoin is used a lot by scammers and other illegal organizations. And there are many black markets on the deeb web, bitcoin has a bad name.
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iqlimasyadiqa
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February 08, 2016, 11:09:02 AM |
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I experienced. when I know bitcoin then "I can not stop to forget bitcoin".
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Adrayrd
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February 08, 2016, 11:45:26 AM |
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I think lack of knowledge related to latest technology is stopping people from using bitcoins, and the other reason is bitcoin is not that popular in many countries and that is the reason people are not adopting bitcoin as a currency or a payment system.
Not only technology knowledge, but the overall change in thinking about money is required. For many people, BTC is like some tricky thing from the internet, thus it can't be treated seriously, as well as many other "computer, virtual" things. I think that people stop Bitcoin because they think it's very bad with Bitcoin. But they have no patience. Because I think that Bitcoin is worth much more later.
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lrdeoliveira
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February 08, 2016, 11:50:44 AM |
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I think lack of knowledge related to latest technology is stopping people from using bitcoins, and the other reason is bitcoin is not that popular in many countries and that is the reason people are not adopting bitcoin as a currency or a payment system.
Not only technology knowledge, but the overall change in thinking about money is required. For many people, BTC is like some tricky thing from the internet, thus it can't be treated seriously, as well as many other "computer, virtual" things. I think that people stop Bitcoin because they think it's very bad with Bitcoin. But they have no patience. Because I think that Bitcoin is worth much more later. i agree that people have no patience, when my friends ear about bitcoin and they don't undestand in few minutes the conversation stop whit: naaah it's to difficult for me, i like more dollar ![Angry](https://bitcointalk.org/Smileys/default/angry.gif)
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Skaven
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February 08, 2016, 11:55:13 AM |
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I think lack of knowledge related to latest technology is stopping people from using bitcoins, and the other reason is bitcoin is not that popular in many countries and that is the reason people are not adopting bitcoin as a currency or a payment system.
Not only technology knowledge, but the overall change in thinking about money is required. For many people, BTC is like some tricky thing from the internet, thus it can't be treated seriously, as well as many other "computer, virtual" things. I think that people stop Bitcoin because they think it's very bad with Bitcoin. But they have no patience. Because I think that Bitcoin is worth much more later. i agree that people have no patience, when my friends ear about bitcoin and they don't undestand in few minutes the conversation stop whit: naaah it's to difficult for me, i like more dollar ![Angry](https://bitcointalk.org/Smileys/default/angry.gif) Indeed that is true, they think its to difficult for them. Also the bitcoin has a bad name by the media/news.
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bitlancr
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February 08, 2016, 02:16:20 PM |
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People stop Bitcoin because they give up too quickly. They seem to think if Bitcoin is now very low that it is completely wrong but that is not so. I think it has a low price, so you can invest now. And if you do so you can later watch a lot of profit with it, but most people do not have the patience.
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Pattart
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February 08, 2016, 03:10:56 PM |
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The main reason behind stopping people from using bitcoin is that they have never heard about bitcoins and that goes to developing countries and the third world countries, where they are totally dependent on banking system and are not ready to accept the change or innovative things.
of course if they are ordinary people who don't know about bitcoin. they will not be interested and close the page if it's about bitcoin, and therefore need an introduction and advertisement. so bitcoin could be known by the public. there needs to be activists of bitcoin maybe lol
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goinmerry
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February 09, 2016, 10:50:22 AM |
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People stop Bitcoin because they give up too quickly. They seem to think if Bitcoin is now very low that it is completely wrong but that is not so. I think it has a low price, so you can invest now. And if you do so you can later watch a lot of profit with it, but most people do not have the patience.
That is why I love seeing this thread. It makes me gain more knowledge and how people stop and that be diverted to a new strength on how to make it better. That is true patience is always needed losing hope will just be regretted someday.
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Wapinter
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February 09, 2016, 12:50:03 PM |
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Sometimes i'm wondering, right now everyone with internet connection can use Bitcoin if they want< what is stopping them? They first must buy it! Price fluctuations and fear! probably! I have heard multiple times in medias "hacker Satoshi Nakamoto"..
Thats true.Nobody wants to buy bitcoin to use it.Speaking from my own experience.When people first hear about bitcoin and its high price,all they want is to get it for free somehow.Only then when they realize it can't be obtained for free (or from mining which is expensive) some buy it to hold for making profit.Nobody buys it to spend because people still prefer fiat to spend
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Pattart
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February 09, 2016, 03:26:54 PM |
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Plus they're thinking that you need to have adequate technical skills to do it. People love simple things so they'd rather use cash out of their 'real' wallets rather than opening up their btc wallet and initiate a transfer.
possible for most ordinary people who don't know bitcoin they think that using bitcoin will be very difficult so he was not interested in bitcoin, therefore we need the spread of knowledge about what is bitcoin?
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John_Dave
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February 09, 2016, 04:04:23 PM |
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I guess there are a lot of prejudices about bitcoins. And because the lack of knowledge people are just afraid to use them and sometimes even think that bitcoin is some kind of evil thing.
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fruitcommander
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February 09, 2016, 11:46:21 PM |
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I guess there are a lot of prejudices about bitcoins. And because the lack of knowledge people are just afraid to use them and sometimes even think that bitcoin is some kind of evil thing.
That's true and also the price volatility of bitcoins makes people to think and rethink whether to invest their money into it or not, as they have fear that they might loose all their money as the price is not stable.
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blackmachinegun
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February 10, 2016, 12:44:21 AM |
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People stop Bitcoin because they give up too quickly. They seem to think if Bitcoin is now very low that it is completely wrong but that is not so. I think it has a low price, so you can invest now. And if you do so you can later watch a lot of profit with it, but most people do not have the patience.
correct. most people who are not experienced. would panic when bitcoin prices fell sharply, they will sell all their bitcoin but then bitcoin prices rise, and they are the losers. because they do not want to be patient. maybe most people quit because of the problems it
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iamthesky
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February 10, 2016, 12:47:46 AM |
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People stop Bitcoin because they give up too quickly. They seem to think if Bitcoin is now very low that it is completely wrong but that is not so. I think it has a low price, so you can invest now. And if you do so you can later watch a lot of profit with it, but most people do not have the patience.
correct. most people who are not experienced. would panic when bitcoin prices fell sharply, they will sell all their bitcoin but then bitcoin prices rise, and they are the losers. because they do not want to be patient. maybe most people quit because of the problems it And big fish takes advantages of it, as they buy it in bulk and hold it for future, people gets panic and they have lack of patience which results them in going through losses, if they would have patience, they would surely make some profits by selling at the right time.
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doctor877
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February 10, 2016, 01:35:43 AM |
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I think bitcoin is not too popular in many countries and that is the reason people are not using it, as they lack knowledge related to bitcoins, so it becomes difficult to introduce them to bitcoins and asking them to invest their money.
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Mr. Big
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February 10, 2016, 05:36:27 AM |
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I think bitcoin is not too popular in many countries and that is the reason people are not using it, as they lack knowledge related to bitcoins, so it becomes difficult to introduce them to bitcoins and asking them to invest their money.
yeah, and there still countries who has poor internet connection and limits or sometimes too pricey for common people..
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andulolika
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February 11, 2016, 06:45:53 AM |
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I realised bitcoin may seem hard to be understood by new users. Besides that there is need for more physical services to use bitcoin.
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Dr.Osh
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February 11, 2016, 07:18:07 AM |
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I realised bitcoin may seem hard to be understood by new users. Besides that there is need for more physical services to use bitcoin.
you're right, then from it before using bitcoin, we have to understand first of all about bitcoin, because if you plunge into the world of coins, it would be a lot of coins that have sprung up in addition bitcoin and it will make some people stop to use and learn about bitcoin
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poplolnman
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February 11, 2016, 07:49:05 AM |
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1. Bitcoin price dropped , dropped and dropped 2. People starts thinking bitcoin is a commodity not money 3. Hard to mined 4. Noone accept bitcoin (Bitcoin merchants is not available anymore)
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I'm in 400,000 euros debt , dont help me , i rather die
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