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Author Topic: What's stopping people from using bitcoin?  (Read 202107 times)
mixan
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April 03, 2016, 04:44:09 AM
 #1441

What usually stops people from using something new and different when they are unfamiliar of what the out come will be? Fear and not knowing from then to beyond.
If that can be overcome then you don't have anything to fear in losing or making a bad decision which is  what people don't want to get involved into that is always the case.

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April 03, 2016, 05:13:55 AM
 #1442

What usually stops people from using something new and different when they are unfamiliar of what the out come will be? Fear and not knowing from then to beyond.
If that can be overcome then you don't have anything to fear in losing or making a bad decision which is  what people don't want to get involved into that is always the case.

Yeah Exactly! 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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April 03, 2016, 05:17:46 AM
 #1443

What usually stops people from using something new and different when they are unfamiliar of what the out come will be? Fear and not knowing from then to beyond.
If that can be overcome then you don't have anything to fear in losing or making a bad decision which is  what people don't want to get involved into that is always the case.

Yeah Exactly! 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...
Overall there is very little confidence with Bitcoin investors, I wouldn't say it is inexperience as much as it is nervousness about the volatility.

Some people view Bitcoin as an investment that could make them a lot of money quickly, and thus they treat it as such. Any bad movement will trigger them and they'll try to cut their losses.
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April 03, 2016, 05:26:06 AM
 #1444

The people ussually stusiusing bitcoin is by its anonimosity and many people dont use to it and others cannot determine if they will get profit or lose their money when they buy bitcoins. Other factor is they are tired of being victim of scam sites  because they are fallen for tfalfalse promise of big earnings.  And lastly they are victim of account hack and they are afraid to use it because they have traumatic experience of loaing money.

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April 03, 2016, 05:35:14 AM
 #1445

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.


The conventional transaction sometimes takes to many days before your transaction or even sending money before the money you send is being receive.
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April 03, 2016, 05:40:32 AM
 #1446

i doubt that anyone actually stops them from using it, people just choose to either use it if they need it or not, thats their decision

the only thing that might stop them is governments if they banned bitcoin and disallow people to use it because governments are afraid of bitcoin

I think it is saying about what people is not starting to use it. What is stopping them? Is it a who or what?

I think it is always a what. Lavk of knowledge and laziness to study it or learning how it can be done.
Yeaaa nobody can stop people using bitcoin,  but something can stop people using bitcoin.
Fear of bitcoin dropped price to the lowest I guess the thing that can make people stop investing and using bitcoin. Imagine if the price back to $1 ,  will they keep investing in bitcoin? I doubt on it
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April 03, 2016, 06:16:25 AM
 #1447

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

But I think many people don't know enough about bitcoin and crypto currencies generally, or may be they have wrong ideas about this currencies. That's why they don't use bitcoin usually. And that's why the bitcoin's community should advertise more Bitcoin in social medias like facebook and twitter.
therefore, our duty is to tell those who are not familiar with bitcoin. bitcoin is the future, and now is the perfect time to introduce bitcoin to this world. bitcoin is a reformer medium of payment.
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April 03, 2016, 06:44:08 AM
 #1448

For me personally, (although I'm only new to this), is the lack of being able to use it in everyday life like cash or card.


This is one of the few reason why people are not using bitcoin because there are few or no shop available for you to spend your coins with.
In my perspective, using bitcoin does not mean spending. Even there are not enough opportunities to spend bitcoins in your region, you must hold your bitcoins for future. Holding is also a way of using bitcoins.

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April 03, 2016, 06:49:40 AM
 #1449

For me personally, (although I'm only new to this), is the lack of being able to use it in everyday life like cash or card.


This is one of the few reason why people are not using bitcoin because there are few or no shop available for you to spend your coins with.
In my perspective, using bitcoin does not mean spending. Even there are not enough opportunities to spend bitcoins in your region, you must hold your bitcoins for future. Holding is also a way of using bitcoins.

Just make profit if there is no shop available in your country like trade it so when the time comes and there is a shop you have so many bitcoin in you wallet.
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April 03, 2016, 07:32:00 AM
 #1450

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.
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April 03, 2016, 07:46:28 AM
 #1451

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.


Yes people are really loving bitcoin with its features and how easy it is to use on some occasions like sending money its fast and has less fees.
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April 03, 2016, 08:49:53 AM
 #1452

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.
nope although bitcoin provides a very good thing for all users, but I'm sure there are some members who came out as a matter
my friend out of bitcoin, because he bet on gambling and losing

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April 03, 2016, 10:44:16 AM
 #1453

i doubt that anyone actually stops them from using it, people just choose to either use it if they need it or not, thats their decision

the only thing that might stop them is governments if they banned bitcoin and disallow people to use it because governments are afraid of bitcoin

I think it is saying about what people is not starting to use it. What is stopping them? Is it a who or what?

I think it is always a what. Lavk of knowledge and laziness to study it or learning how it can be done.
Yeaaa nobody can stop people using bitcoin,  but something can stop people using bitcoin.
Fear of bitcoin dropped price to the lowest I guess the thing that can make people stop investing and using bitcoin. Imagine if the price back to $1 ,  will they keep investing in bitcoin? I doubt on it

That price is like a dead price. In my opinion I might also quit with that price. Well as long as people with power are also holding some it wont be that easy to make it fall. Those whales will control the movement back again.

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April 03, 2016, 11:55:51 AM
 #1454

i doubt that anyone actually stops them from using it, people just choose to either use it if they need it or not, thats their decision

the only thing that might stop them is governments if they banned bitcoin and disallow people to use it because governments are afraid of bitcoin

I think it is saying about what people is not starting to use it. What is stopping them? Is it a who or what?

I think it is always a what. Lavk of knowledge and laziness to study it or learning how it can be done.
Yeaaa nobody can stop people using bitcoin,  but something can stop people using bitcoin.
Fear of bitcoin dropped price to the lowest I guess the thing that can make people stop investing and using bitcoin. Imagine if the price back to $1 ,  will they keep investing in bitcoin? I doubt on it

That price is like a dead price. In my opinion I might also quit with that price. Well as long as people with power are also holding some it wont be that easy to make it fall. Those whales will control the movement back again.

I dont think it is dead price. Actually the price of coin is rising and moving every day. Maybe someone or group of people manipulated the price. And for the people what is stopping them they are lack of believe of this coin they dont know what benifits if they stake for bitcoin But it has its own disadvantage to because it will easily get scam and we can do nothing with it. I think thats the reason why people stopping used of bitcoin.


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April 03, 2016, 02:45:42 PM
 #1455

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.


Yes people are really loving bitcoin with its features and how easy it is to use on some occasions like sending money its fast and has less fees.

that is hands down best thing about bitcoin man
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April 03, 2016, 04:49:07 PM
 #1456

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.


Yes people are really loving bitcoin with its features and how easy it is to use on some occasions like sending money its fast and has less fees.

People are loving Bitcoins, but due to the disadvantage of time it takes to confirm being more, small merchants are not able to enter this technology...
Take a coffee shop owner only as an example, why would he go for Bitcoins when he cannot use the coins before 1 confirms to give back change???

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April 03, 2016, 05:51:31 PM
 #1457

no one can stop people using bitcoin. bitcoin provide convenience to its users. bitcoin provides comfort and security. people will start leaving the current conventional transaction.

bitcoin took it's place very well and wining more people's heart and mind every day. bitcoin is very attractive because of it's price, security and lots of earning opportunities.. I think people wont stop using it although more people getting involved in it.


Yes people are really loving bitcoin with its features and how easy it is to use on some occasions like sending money its fast and has less fees.

People are loving Bitcoins, but due to the disadvantage of time it takes to confirm being more, small merchants are not able to enter this technology...
Take a coffee shop owner only as an example, why would he go for Bitcoins when he cannot use the coins before 1 confirms to give back change???

Merchants can accept it with 0 confirmations, many do - I've got a store I'm in the process of building, it clears instantly as Coinbase assumes the risk by auto checking a number of factors.

Besides, why would he need to give back change?  He tells you how much your coffee is, you send him that much bitcoin...simples :-)

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April 03, 2016, 06:09:40 PM
 #1458

Bitcoin doesn't bring that more functionality for the average person. BTC is not accepted at much places yet.
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April 03, 2016, 06:22:58 PM
 #1459

As much as bitcoin is gaining popularity day by day, i don't believe it is acceptable universally to enable people to use it as other currencies. I believe it is to undergo some metamorphosis and evolution before it gains a status similar to the common currencies. There is a lot that has to be done to make it acceptable globally. People will only use bitcoin once it has gained ground on the global economy. 
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April 03, 2016, 09:43:45 PM
 #1460

People feel that bitcoin is not going to survive in long run, as price keeps on fluctuating on regular basis that makes them feel that bitcoin will die soon and doesn't hold great future ahead.
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