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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
cjmoles
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March 30, 2016, 08:29:38 PM
 #1361

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.

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.

I agree.  We, as a community, could help increase adoption by introducing the technology to our peers. As community members, it is advantageous to us to understand the subtle ramifications of the platform so that we might reinforce its legitimacy among our contacts.  Let us not forget, bitcoin realizes value through the robustness of its network....not through the liquidity of an exchange!
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March 30, 2016, 09:04:42 PM
 #1362

I have a strong feeling that price fluctuation is making people to stay away from bitcoin as they have fear of loosing money and that is the reason they are not investing into it.

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March 30, 2016, 09:15:21 PM
 #1363

I have a strong feeling that price fluctuation is making people to stay away from bitcoin as they have fear of loosing money and that is the reason they are not investing into it.

They are afraid of something else it is the lack of knowledge that scares them. Bitcoin might be a little hard to learn but while using it and asking.
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March 30, 2016, 10:32:39 PM
 #1364

The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
they dont need to understading blockchain tech's working, how mining working etc, bitcoin is really simple, you dont even need to upload your identity to create a wallet, all they have to do just scan the barcode or addy, send and receive then i think it's not serious problem, it's quite easy
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March 30, 2016, 11:01:43 PM
 #1365

so many reason that caused people to stop using bitcoin but the most influence is when people didn't trust bitcoin anymore, and other reason like they dont know how to spend and purchased their bitcoin on online as well as ofline, also bitcoin's popularity is the one of factor that influence the people to stop or using bitcoin
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March 30, 2016, 11:55:31 PM
 #1366

The difficult to understand how it works. The shadiness of itself and its community. I think those are the mains questions
they dont need to understading blockchain tech's working, how mining working etc, bitcoin is really simple, you dont even need to upload your identity to create a wallet, all they have to do just scan the barcode or addy, send and receive then i think it's not serious problem, it's quite easy

What I think they question is the legitimacy of bitcoin plus add the lack of knowledge to the cryptocurrency. That's why I think it is. They are more intact to physical currency than the virtual
KennyR
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March 31, 2016, 04:30:18 AM
 #1367

People who were new to internet or technology don't believe bitcoin in a short time. Only when they see lot people adopting it slowly people unaware of bitcoin too will start accepting it.

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danherbias07
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March 31, 2016, 05:43:16 AM
 #1368

People who were new to internet or technology don't believe bitcoin in a short time. Only when they see lot people adopting it slowly people unaware of bitcoin too will start accepting it.

 I hope that will really happen. It is just hard to make people see what is in it, if there are also people who are trying to take it down. And from news that is keeping it bad makes it more less for people to see the good in it, specially the profits.

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michnelli6
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March 31, 2016, 07:24:05 AM
 #1369

People will stop with Bitcoin if they think that they cant earn some profit with it, or if they lost a lot of money with it and that is really bad, the people that is stopping so early dont have patience and that is not good.
To make some profit with Bitcoin is patience a really important role in Bitcoin, without patience you cant make profit with it.
There are some people who are suing bitcoin as a normal currency and are getting benefited with the more opportunities of online earning with bitcoin, so they will not leave because of that reason.
lelle6
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March 31, 2016, 11:39:04 AM
 #1370

People will stop with Bitcoin if they think that they cant earn some profit with it, or if they lost a lot of money with it and that is really bad, the people that is stopping so early dont have patience and that is not good.
To make some profit with Bitcoin is patience a really important role in Bitcoin, without patience you cant make profit with it.
There are some people who are suing bitcoin as a normal currency and are getting benefited with the more opportunities of online earning with bitcoin, so they will not leave because of that reason.

people that they have enough money of the world they don't need bitcoin and that is why the y stop using it. Bitcoin also take time so for some people is not a good thing to do bitcoin.  Is nice to take some break of it and hold it.
draceus
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March 31, 2016, 11:47:51 AM
 #1371

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.

yes that is the main point for teach every one who will teach every one? No one want to teach any one the reason we are earning from it and we don't want to earn anyone in our community, we are the selfish man. That is very difficult point. 

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March 31, 2016, 11:56:29 AM
 #1372

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.

yes that is the main point for teach every one who will teach every one? No one want to teach any one the reason we are earning from it and we don't want to earn anyone in our community, we are the selfish man. That is very difficult point. 

That's the point we don't want that our friends or relatives should also start earning from it and we don't want them to know how we are earning money with bitcoins.
blackmachinegun
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March 31, 2016, 12:06:43 PM
 #1373

Bitcoin is still very young, with time more and more people will learn of the benefits and start using it  Smiley
I think before people join on bitcoin they will know that bitcoin has just been born and I think they already know the risks of it. I'm not sure if the user stops from using bitcoin.
just because bitcoin is still very young. it is not a reasonable excuse
nejibens
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March 31, 2016, 12:21:07 PM
 #1374

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it
benmartin613
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March 31, 2016, 12:24:29 PM
 #1375

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it


Ignorance of people to try a way of currency is what stopping them,bitcoin has many opportunities you just have to explore them.
agustina2
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March 31, 2016, 12:36:31 PM
 #1376

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it


Ignorance of people to try a way of currency is what stopping them,bitcoin has many opportunities you just have to explore them.

Ignorance is different from ignoring. People ignoring it are not actually 100% they are ignoring it. They are just seeing some factors if bitcoin can help them in many ways. Take note that even if you feel comfortable with bitcoin, not all people can feel the same way.
tampazeus
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March 31, 2016, 12:51:36 PM
 #1377

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it


Ignorance of people to try a way of currency is what stopping them,bitcoin has many opportunities you just have to explore them.

Ignorance is different from ignoring. People ignoring it are not actually 100% they are ignoring it. They are just seeing some factors if bitcoin can help them in many ways. Take note that even if you feel comfortable with bitcoin, not all people can feel the same way.

different people thinks differently and we don't have a control on it and people ignore it mainly because they feel that bitcoin will not survive in a long run.
greghansel89
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March 31, 2016, 01:15:00 PM
 #1378

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it


Ignorance of people to try a way of currency is what stopping them,bitcoin has many opportunities you just have to explore them.

Ignorance is different from ignoring. People ignoring it are not actually 100% they are ignoring it. They are just seeing some factors if bitcoin can help them in many ways. Take note that even if you feel comfortable with bitcoin, not all people can feel the same way.

different people thinks differently and we don't have a control on it and people ignore it mainly because they feel that bitcoin will not survive in a long run.


Because most people are still used to use fiat daily where bitcoin is not able to do that why they are still in doubt with bitcoin.
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March 31, 2016, 01:21:07 PM
 #1379

if there are more HYIP / Ponzi that scamming people i think new people who don't really know about bitcoin won't use it because they think bitcoin only used to scamming people
DeDordtenaar
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March 31, 2016, 01:25:08 PM
 #1380

I think many people still ignoring Bitcoin and how it works

That's why they stopped from using it
I think people who do not know how the bitcoin. will not matter to bitcoin. they will use other means to make a payment.
therefore we need to tell people about bitcoin


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