What's stopping people from using bitcoin?

[gregyoung14]

when bitcoin have no price or the bitcoin price decrease so down around $100. i'm sure people will stop using bitcoin, because it's like bitcoin is not worth anymore.

Yep, and this right here also is why tons of people are having doubts using BTCs. The value is simply too erratic.

[teilwalL05]

when bitcoin have no price or the bitcoin price decrease so down around $100. i'm sure people will stop using bitcoin, because it's like bitcoin is not worth anymore.

Yep, and this right here also is why tons of people are having doubts using BTCs. The value is simply too erratic.

yup! just like in all the scam site that has a big comeback of money when you invest with them people will have second though on doing bitcoin or buying bitcoin will be a doubt to them and I think a lack of knowledge is a primary suspect that is why lots of person having a difficult time in taking in bitcoin.

[diodio5]

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

I think nope. someone who already joined with bitcoin. of course have known this problem and I am sure they have understood and understand the fluctuations, so I thought fluctuation is not an important issue for the people stopping in using bitcoin

[fricircled]

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

I think nope. someone who already joined with bitcoin. of course have known this problem and I am sure they have understood and understand the fluctuations, so I thought fluctuation is not an important issue for the people stopping in using bitcoin

For the people who just know the bitcoin, they will see the volatility of the price and think it is just a tool for speculation.

[ctlaltdefeat]

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?

many reasons for people to stop using bitcoin,i believe some people quit frombitcoin because the price,they stop using or collect bitcoin because they think the price not interest anymore,and some people have a lack knowledge about bitcoin,so they stop using it,they dont know what will happen next to bitcoin.

[wadili89]

when bitcoin have no price or the bitcoin price decrease so down around $100. i'm sure people will stop using bitcoin, because it's like bitcoin is not worth anymore.

Yep, and this right here also is why tons of people are having doubts using BTCs. The value is simply too erratic.

are you sure ? if bitcoin price dropped to 100$ it will bankrupt some people but i dont think so this drop can be the end of bitcoins even with 100$ it will be worlds biggest value currency digitally or physically both the more important is stability

[Mitchow]

when bitcoin have no price or the bitcoin price decrease so down around $100. i'm sure people will stop using bitcoin, because it's like bitcoin is not worth anymore.

Yep, and this right here also is why tons of people are having doubts using BTCs. The value is simply too erratic.

are you sure ? if bitcoin price dropped to 100$ it will bankrupt some people but i dont think so this drop can be the end of bitcoins even with 100$ it will be worlds biggest value currency digitally or physically both the more important is stability

Yeah, price stability is the major concern, but as the market cap of bitcoin is too small, its difficult it can ever remain stable, and if price falls that down, people will try to collect as many coins as possible.

[CasioK]

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

Fluctuation in price never stop people to use it but it will attract people to come for it, as it is one of the benefiting feature of a currency to earn with. The traders are interested in it because of this reason, they buy when the price is low and sell when it come up again.

[goinmerry]

Rumors always affect bitcoin value that happen last month when some exchange werent processing something i dont remember the problem and price went from 300 to 180 dollars in a flash moments,then to recover hell it took sometime,soo say that is impossible bitcoin being worth 0 dollars is insane,if a problem ,that bitcoin should have one,and someone may find it,it can easy kill the altcoins,but i doubt can happen otherwise crypto world would die with bitcoin i doubt others altcoins can survive without the father or the king.People connect bitcoin as some scam attemp or black market currency.

Due to the fact that bitcoin is an online currency rumors can really affect it. We dont have a physical object to see if the rumor is real or not. Plus it might just be made by the government through media to bring bitcoin down again.

[LarryHocks]

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

I think nope. someone who already joined with bitcoin. of course have known this problem and I am sure they have understood and understand the fluctuations, so I thought fluctuation is not an important issue for the people stopping in using bitcoin

For the people who just know the bitcoin, they will see the volatility of the price and think it is just a tool for speculation.

People are very negative about the value now of Bitcoin. The value now is quite low, and I think the most people dont like it.
We all hope later that Bitcoin will rise up later, and have a good value in the future so we can sell it with profit.

[MaritiJames3]

You can lose a lot of money with Bitcoin. You need to take the risk that you must invest in Bitcoins. And you dont know if you lose or win your money.
People are stopping because the value of Bitcoin is now very low and they are angry about it. They need all patience and then just wait for a good moment to sell it.

[FrannWilder]

You can lose a lot of money with Bitcoin. You need to take the risk that you must invest in Bitcoins. And you dont know if you lose or win your money.
People are stopping because the value of Bitcoin is now very low and they are angry about it. They need all patience and then just wait for a good moment to sell it.

People will use it, because they want profit. But the price is now very low.
I think that is now not good. The value is now not so good. And we hope that it will be more worth later.

[nanonymousx]

I think the main reason is the lack of motive generally, people probably need a motive making using it much cheaper and easier to use or both. If it was made to be sent automatically by a device like creditcards etc... or with much cheaper price.

[Ocalebeth]

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

[teilwalL05]

I think the main reason is the lack of motive generally, people probably need a motive making using it much cheaper and easier to use or both. If it was made to be sent automatically by a device like creditcards etc... or with much cheaper price.

But you don't need any amount in making bitcoin wallet or an account here on bitcoin talk and you can learn how to earn here in this forum, I really think it is lack of knowledge in bitcoin that is why people really don't like to use it, me at first I thought it is difficult at first.

[Red-Apple]

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

i doubt if Media's FUD spreading is the main reason but i am sure it plays a significant role in pushing people away.

[Pattart]

Well people do not trust the bitcoin because of the media.
The media says the bitcoin is bad because it used by many criminals.

people who have already joined the bitcoin will not believe what is written by media. they just crap about bitcoin

[sartorpc]

1st reason, because it is hard to understand how it work and what is it, second reason, because it is a bit expensive and there are not many real places to spend it, unless you are in a very developed country or city.

[el kaka22]

Price fluctuation can be the most important reason for people not using bitcoins, as the price of bitcoin is too volatile that makes newbie to think twice before investing the money into it, and other reason is lack of knowledge of bitcoins.

Yes, the newbies with lack of knowledge do not ever invest in there, as they will have a fear that one day the bitcoin will go much down and they will lose their amount. But it is a feature of any currency, the prices goes up and down in any currency, in some on large svale and in some on small scale.

[Bitcoinbro]

Well the most people in the world doesn't even know what the bitcoin is, also the bitcoin has a bad name because of the media.
I think if the bitcoin is getting more on the news but on a good way we will rise soon to a big community.