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torrentheaven
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March 30, 2016, 10:00:18 AM |
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A lot of people do not even know the bitcoin itself so that is the first reason why they are not using it.
Another reason is because a lot of people are thinking the bitcoin is only used by criminals because a lot of media are saying this if you search for bitcoin this come also up in the search results.
The main reason behind people not using bitcoin is that they don't have proper knowledge of it and they dont want to try something new and that is the reason they are not using it. |
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Adrorecia
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March 30, 2016, 11:18:59 AM |
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People stop using Bitcoin because you can not pay with Bitcoin directly, but you have to sell them en transfer it to a credit card.
And it can take some time before you make a profit with Bitcoin.
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agustina2
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Activity: 2436
Merit: 1008
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March 30, 2016, 12:10:38 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
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betohell
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March 30, 2016, 12:47:18 PM |
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Bitcoin is still very young, with time more and more people will learn of the benefits and start using it  yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more older |
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CryingMidget
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March 30, 2016, 01:05:47 PM |
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A lot of people do not even know the bitcoin itself so that is the first reason why they are not using it.
Another reason is because a lot of people are thinking the bitcoin is only used by criminals because a lot of media are saying this if you search for bitcoin this come also up in the search results.
The biggest problem that we are facing and we want that more and more people adopt bitcoin as a currency but they don't want to learn something new and hesitate to invest in crypto and they don't have faith in virtual currency. These Illegal and fake things which is created by international Business idiots. So let that be... |
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kenot21
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March 30, 2016, 01:07:48 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider. Also, some of them thinks it's been used for illegal purposes and they don't want to get involve. |
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agustina2
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March 30, 2016, 01:13:17 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider. Also, some of them thinks it's been used for illegal purposes and they don't want to get involve. That's why bitcoin will never replaced the banking system like many of bitcoiners like. Bitcoin is still very young, with time more and more people will learn of the benefits and start using it yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more older Bitcoin is not young. It's just not reached it's possible potential. And if decades past and still the price is the same as today, then bitcoin is really a fail one. |
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stromma44
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March 30, 2016, 01:17:36 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider. Also, some of them thinks it's been used for illegal purposes and they don't want to get involve. That's why bitcoin will never replaced the banking system like many of bitcoiners like. Bitcoin is still very young, with time more and more people will learn of the benefits and start using it yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more older Bitcoin is not young. It's just not reached it's possible potential. And if decades past and still the price is the same as today, then bitcoin is really a fail one. Yeah and price is really important factor in not people using bitcoins, as the price is falling and it is not going to a higher level and majority of them thinks that it is dead. |
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nielaminda
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March 30, 2016, 01:22:39 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
That's another reason why. And some people from third world country can't even afford to buy a mobile phone or even pay a internet provider. Also, some of them thinks it's been used for illegal purposes and they don't want to get involve. That's why bitcoin will never replaced the banking system like many of bitcoiners like. Bitcoin is still very young, with time more and more people will learn of the benefits and start using it yeah one would think that bitcoin is still very young and the risk of which is owned by the bitcoin would be very large. many people are waiting longer to se bitcoin more older Bitcoin is not young. It's just not reached it's possible potential. And if decades past and still the price is the same as today, then bitcoin is really a fail one. Yeah and price is really important factor in not people using bitcoins, as the price is falling and it is not going to a higher level and majority of them thinks that it is dead. Well it will be good if they think that bitcoin will die and dump all there coins thats like fishing in a pond full of gold. |
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lienfaye
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March 30, 2016, 01:31:35 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
I agree with this. and many people has no proper knowledge about bitcoin. also they dont trust online transaction. |
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Ubertroco
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March 30, 2016, 01:39:08 PM |
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The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
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peta4e
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March 30, 2016, 01:39:58 PM |
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No internet connection. People in other places doesn't have a stable internet connection and much worse no connection available. So they are not into using bitcoin and preferred only the one that easy to access.
I agree with this. and many people has no proper knowledge about bitcoin. also they dont trust online transaction. Yeah actually they have fear of getting scammed or robbed online when it comes to spendig money online and that is the primary reason behind stopping people from using bitcoin. |
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Alvin Fahriza
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March 30, 2016, 01:48:35 PM |
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The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
I am confused as to why a lot of people who say using bitcoin is a difficult thing? if you have trouble in using bitcoin? but it is not like that you just need a wallet. even you do not need email |
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goinmerry
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March 30, 2016, 01:52:36 PM |
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The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
Yeah right understanding it takes some time and some reading. You are lucky enough if there will be someone who will teach on how to start, to earn and how to make money from it faster. |
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RealPhotoshoper
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March 30, 2016, 05:07:38 PM |
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The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
i think this answer not precise for this post,this answer more precise with this queston "why people fear and dont want use bitcoin" that just my opinion. |
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GamingBro
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March 30, 2016, 06:27:43 PM |
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The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
I know how it works. "People think should i start or not? Need to read more about it!" Then they see bad new or smth else and forgeting about bitcoin. |
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cjmoles
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March 30, 2016, 07:22:09 PM
Last edit: March 30, 2016, 08:18:25 PM by cjmoles |
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What I've noticed among my peers is that there are still questions as to bitcoin's legitimacy. There are questions as to it's legality and concerns of liquidity. If bitcoin's value were to stabilize then many of these concerns would be rectified and questions of legitimacy could begin to be rectified. At which point, legal precedence could be developed that would help draw a clearer picture of bitcoin's place in our global economy. I believe that once the questions surrounding its legality are addressed, there will be an avalanche of new bitcoin adopters.
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SquallLeonhart
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March 30, 2016, 07:28:08 PM |
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What I've noticed among my peers is that there are still questions as to bitcoin's legitimacy. There are questions as to it's legality and concerns of liquidity. If bitcoins value were to stabilize then many of these concerns would be rectified and questions of legitimacy could begin to be rectified. At which point, legal precedence could be developed that would help draw a clearer picture of bitcoin's place in our global economy. I believe that once the questions surrounding its legality are addressed, there will be an avalanche of new bitcoin adopters.
We are finding more users who are entering into bitcoin but we want that people around them should also vie bitcoin in the same manner as they does or else adoption will be limited to certain extent. |
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iram66680
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March 30, 2016, 08:05:52 PM |
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The price volatility is a major culprit in why people shy away from the use of bitcoin.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
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chaosknight
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March 30, 2016, 08:13:05 PM |
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The price volatility is a major culprit in why people shy away from the use of bitcoin.
The fear of putting anything into it that they know they could lose in a heart beat if there is a shift change in the market. Especially those that had a lot involvement in the stock market and lost a lot recently.
Yeah bitcoin and stocks goes in hand in hand when it comes to volatility as nothing is guaranteed people earned very high profits at initial stage in stocks but in long run they lost everything. |
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