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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
DeDordtenaar
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March 28, 2016, 06:46:15 AM
 #1301

Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.
I think this is just a cycle dude bitcoin did several times previously experienced stable prices, but not for long tme
price movements will return quickly. and prices will start rising

stopping people from using bitcoin cause of bitcoin worthless when compared to the other currencies as well as all countries have condemned the bitcoin users...
I think bitcoin remain valuable although compared with the currencies of other countries. bitcoin already have priced into the dollar. it will be worth when compared to the currencies of other countries


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bamboylee
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March 28, 2016, 07:43:10 AM
 #1302

Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.

The only thing that can stop people to use Bitcoin is when Bitcoin is officially blocked by the government Roll Eyes
Like Russia that proposed a jail sentence for people who using Bitcoin
But then again, people will always trade their bitcoins on the underground network like TORs whether Bitcoin is banned or not ...

That is what stopping legit companies to get into bitcoin. If bitcoin becomes illegal, they will be risking their company too. That is a huge risk. They are better off using fiat. Maybe for underground transactions, bitcoin is best but not if you are concern with legalities.
iqlimasyadiqa
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March 28, 2016, 11:29:37 AM
 #1303

we can not stop people using bitcoin. now everyone is looking for ease in carrying out financial transactions. and bitcoin is the answer to ease it. people will not leave the convenience, especially bitcoin.
romero121
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March 28, 2016, 11:36:42 AM
 #1304

People hesitate to get involved into it with trust. The reason why people don't trust is they are not aware that world is getting more digitalized. Also they feel bad to spend lot of time in it.

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faridkifly
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March 28, 2016, 11:39:35 AM
 #1305

The price of the Bitcoin isn't stable yet, that is why many people stopped from using it
If the price get stable more people will use this currency i guess

The price of none of the available fiat money is stable, it's always changing according to economical and political issues, so I don't think this is the cause for people not using bitcoin.
yes now the price is stable.
but in my opinion, today people stop using bitcoin because tired with it.  Huh
Imoote
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March 28, 2016, 12:26:18 PM
 #1306

The price of the Bitcoin isn't stable yet, that is why many people stopped from using it
If the price get stable more people will use this currency i guess

The price of none of the available fiat money is stable, it's always changing according to economical and political issues, so I don't think this is the cause for people not using bitcoin.
yes now the price is stable.
but in my opinion, today people stop using bitcoin because tired with it.  Huh
No person is not possible to stop using bitcoin. Maybe people will stop using bitcoin if people are already busy with activities in the reality that can not be opened bitcoin. The prices are very high it will make people using bitcoin because they certainly interested in it.
ajun96
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March 28, 2016, 01:40:33 PM
 #1307

The price of the Bitcoin isn't stable yet, that is why many people stopped from using it
If the price get stable more people will use this currency i guess

The price of none of the available fiat money is stable, it's always changing according to economical and political issues, so I don't think this is the cause for people not using bitcoin.
yes now the price is stable.
but in my opinion, today people stop using bitcoin because tired with it.  Huh
I don't think people stop just because the prices are now stable Lol
I think everyone knows about this sometimes it is the price of bitcoin are in a stable situation like this. but no longer bitcoin price movement will begin to stir quickly as usual. I can conclude that people prefer fluctuation
Hellacopter
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March 28, 2016, 02:09:26 PM
 #1308

People hesitate to get involved into it with trust. The reason why people don't trust is they are not aware that world is getting more digitalized. Also they feel bad to spend lot of time in it.

I think the reason of this doubts is just the ignorance, because if people read a little more about this issues they could easily learn that Bitcoin is already stable currency which is already used by a big community worldwide
23dzmaz
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March 28, 2016, 02:11:56 PM
 #1309

When people move to a place that no internet access, so people can't use bitcoin anymore because there are no internet on that place. I think this case make people stop using bitcoin.
diodio5
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March 28, 2016, 02:44:59 PM
 #1310

Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.
I think the price is stable it actually makes bitcoin safer These fluctuations occur because not going to make a lot of companies or traders and investors are willing to accept bitcoin.
I think the more stable received at the outsiders
nejibens
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March 28, 2016, 04:20:47 PM
 #1311

Some people think that Bitcoin haven't stable price that's why they stopped from using it
BeGoods
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March 29, 2016, 05:27:55 AM
 #1312

The price of the Bitcoin isn't stable yet, that is why many people stopped from using it
If the price get stable more people will use this currency i guess

The price of none of the available fiat money is stable, it's always changing according to economical and political issues, so I don't think this is the cause for people not using bitcoin.
yes now the price is stable.
but in my opinion, today people stop using bitcoin because tired with it.  Huh
I actually think that people will begin to stop when prices begin to stabilize because basically most bitcoin users are now a trader. where most of them get a profit from fluctuations or price changes quickly. I'm not sure if it is stable make a lot of people come?
gilangIDR
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March 29, 2016, 05:39:57 AM
 #1313

everyone is not going to try to stop using bitcoin. instead everyone will continue to try and find out what it bitcoin. everyone will be interested in and then using bitcoin in each of their financial transactions.
Indrawan77
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March 29, 2016, 05:42:31 AM
 #1314

Some of the people stop using bitcoin because they realted bitcoin usage with the terrorist that used bitcoin for buying weapon, some of them stop using bitcoin because they were scammed over and over again
Enotche
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March 29, 2016, 05:43:26 AM
 #1315

I think the point is not clear, for many, the process of "creating" cryptocurrency, as well as the Government's statement of its ban, slander and that it is used by terrorists.
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March 29, 2016, 05:50:24 AM
 #1316

Some of the people stop using bitcoin because they realted bitcoin usage with the terrorist that used bitcoin for buying weapon, some of them stop using bitcoin because they were scammed over and over again
you're right, maybe they think that bitcoin is only used in illegal purposes, sometimes I hate people like that, because they do not know how good bitcoin the internet
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March 29, 2016, 06:02:16 AM
 #1317

My goverment forbid bitcoin for several reason , mostly because it's anonymous so bitcoin become untraceable.
Although goverment not make the law policy for bitcoin, my people won't be on jail ( civilian only use with their own risk so govement will not involve )


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March 29, 2016, 08:18:06 AM
 #1318

Some of the people stop using bitcoin because they realted bitcoin usage with the terrorist that used bitcoin for buying weapon, some of them stop using bitcoin because they were scammed over and over again
maybe this is right in some countries,but i think terrorist not only use bitcoin,they use another currecny,but people not avoid that currency,for example if terrorist use money,should people stop using money because that?
JeanMcCoy
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March 29, 2016, 08:24:21 AM
 #1319

1. we aren't getting paid in bitcoin

2. nowhere to spend outside or even on the internet.

People just think it is to much effort. You have to put some time and money in it if you want to make some money.
And yeah you can not use bitcoin everywhere, you have to put it on a credit card but some people don't want to have credit card for some reasons.
faridkifly
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March 29, 2016, 08:36:10 AM
 #1320

Some of the people stop using bitcoin because they realted bitcoin usage with the terrorist that used bitcoin for buying weapon, some of them stop using bitcoin because they were scammed over and over again
maybe this is right in some countries,but i think terrorist not only use bitcoin,they use another currecny,but people not avoid that currency,for example if terrorist use money,should people stop using money because that?
yes im with u dude.
the reason is very do not make sense. how can terrorists use bitcoin and the results so people do not want to use bitcoin because of a terrorist?
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