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Author Topic: What's stopping people from using bitcoin?  (Read 202103 times)
fkvidar
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April 12, 2016, 06:19:13 PM
 #1581

I think that makes people stop using bitcoin is they afraid at price very volatile.
Also bitcoin has too many negative news, like bitcoin is used for drugs, weapons, money laundry.
thats true, when people hear the news about the bitcoin on tv or read about it in newspapers they immediately start to think that it is used only for doing bad things

i think that also people are afraid of the big price fluctuations that sometimes makes people lose a lot of their money, though they should also understand that they can earn with it

First of tell me how many people around  you have heard about bitcoin or how many of them know that bitcoin is a currency, I bet no one knows it and that is the reason they are not using it as simple as that.
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April 12, 2016, 06:40:40 PM
 #1582


i think if they see that bitcoin is scam maybe they are stopping to use bitcoin as money.. i just also heard it many times for some people here that ponzi schem or investment site is the reason why some people are stopping using it..

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April 12, 2016, 06:45:17 PM
 #1583

Majority of people are not aware about bitcoin, and people who knows it will hesitate in reinvesting if price falls back, so these are two major reasons people don't like to use it.
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April 12, 2016, 06:52:03 PM
 #1584

I think that people think that Bitcoin is just to much work and do not even bother with using Bitcoin. Or they think that it is not that reliable and that it is not 100% trust worthy. I can understand why people think this.
sorry I thought you were wrong earlier when he often uses bitcoin and he will stop using bitcoin as much work I think he can still use bitcoin or trade bitcoin using mobile phone.
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April 12, 2016, 06:54:07 PM
 #1585

I think that people think that Bitcoin is just to much work and do not even bother with using Bitcoin. Or they think that it is not that reliable and that it is not 100% trust worthy. I can understand why people think this.
I often hear the news on television that bitcoin is often used for illegal activities and if you invest in bitcoin possibility of losing very large. even your money could be reduced by more than 30% in one day. I saw it on tv.
probably because it was a lot of people do not trust to the bitcoin

pure negativity. the media is exactly the same as here. when they here cover bitcoin related news, it's always bad. bitcoin is the currency of the deep web and criminals. bitcoin is being used to finance terrorism. bla bla bla. the last 2 years it's only bad news that they release. the media is trying to brainwash people. other than that i really don't know why they do this.
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April 12, 2016, 07:14:40 PM
 #1586

Majority of people are not aware about bitcoin, and people who knows it will hesitate in reinvesting if price falls back, so these are two major reasons people don't like to use it.
yeah, i agree with the idea that people dont like to use it because it is possible to lose a lot of bitcoins in just a few days so they are scared of investing to it in my opinion

though they also dont like the fact that it is used for illegal activities really often so they dont want to be involved in any stuff that is connected with it i think, though those are just my ideas

 
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April 12, 2016, 07:29:35 PM
 #1587

Majority of people are not aware about bitcoin, and people who knows it will hesitate in reinvesting if price falls back, so these are two major reasons people don't like to use it.
yeah, i agree with the idea that people dont like to use it because it is possible to lose a lot of bitcoins in just a few days so they are scared of investing to it in my opinion

though they also dont like the fact that it is used for illegal activities really often so they dont want to be involved in any stuff that is connected with it i think, though those are just my ideas

but mate if people have never heard about bitcoin then how can we expect that bitcoin is used for illegal activities, people can make that comment only if they know bitcoin properly.
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April 12, 2016, 07:31:55 PM
 #1588

The bigger bitcoin gets and the more people that have it. That will really decrease the market volatility
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April 12, 2016, 07:51:17 PM
 #1589

People are lazy and they most likely think bitcoin is hard to use and full of math. Also they may think they missed the boat and people hate being late adapters to any cool new thingy. The media has done a good ass raping of bitcoin and thats not going to help,when you combine banks closing accounts over bitcoin transactions going to their account.

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April 12, 2016, 07:58:48 PM
 #1590

Many reasons behind people not using bitcoin at a moment, and I think they are not that knowledgeable about bitcoin and  they have hesitation to invest in something that is really new to them.
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April 12, 2016, 09:00:57 PM
 #1591

People are lazy and they most likely think bitcoin is hard to use and full of math. Also they may think they missed the boat and people hate being late adapters to any cool new thingy. The media has done a good ass raping of bitcoin and thats not going to help,when you combine banks closing accounts over bitcoin transactions going to their account.

They are not so much lazy but overall they are scared, because it is new And it involves money. Whenever there is money involved people are taking precautions. but in this case
they wait for bitcoin getting more usage.
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April 12, 2016, 09:05:01 PM
 #1592

People are lazy and they most likely think bitcoin is hard to use and full of math. Also they may think they missed the boat and people hate being late adapters to any cool new thingy. The media has done a good ass raping of bitcoin and thats not going to help,when you combine banks closing accounts over bitcoin transactions going to their account.

They are not so much lazy but overall they are scared, because it is new And it involves money. Whenever there is money involved people are taking precautions. but in this case
they wait for bitcoin getting more usage.

Yeah and lack of knowledge is also an major concern here as people who dont know what bitcoin is will never invest their money into it as they have fear of loosing their money.
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April 12, 2016, 09:54:14 PM
 #1593

People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
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April 12, 2016, 11:11:49 PM
 #1594

Many reasons behind people not using bitcoin at a moment, and I think they are not that knowledgeable about bitcoin and  they have hesitation to invest in something that is really new to them.
bitcoin actually people do not use because they do not have more information about bitcoin. so they have not yet joined it were not for stupid. but do not yet know about bitcoin

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April 13, 2016, 03:11:10 AM
 #1595

perhaps increasing emergence payment system more attractive so that people stop using bitcoin

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April 13, 2016, 03:16:05 AM
 #1596

People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
Well, but the media has attracted more 'bad people' to use Bitcoin since they give a 'bad name' to our Bitcoin. There is no need for Bitcoin to prove itself, people just need to use their brain and don't trust every piece of the media words.

Life sucks.
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April 13, 2016, 03:19:38 AM
 #1597

People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
Well, but the media has attracted more 'bad people' to use Bitcoin since they give a 'bad name' to our Bitcoin. There is no need for Bitcoin to prove itself, people just need to use their brain and don't trust every piece of the media words.
+1 for this, all the news about bitcoin only elaborate about scam, ponzi, and crime. not the good side of it and people who never use it believe what those media wrote..
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April 13, 2016, 04:13:36 AM
 #1598

People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
Well, but the media has attracted more 'bad people' to use Bitcoin since they give a 'bad name' to our Bitcoin. There is no need for Bitcoin to prove itself, people just need to use their brain and don't trust every piece of the media words.
+1 for this, all the news about bitcoin only elaborate about scam, ponzi, and crime. not the good side of it and people who never use it believe what those media wrote..


Yeah those media are really trying to put down bitcoin but they will have to do a better job and bring up also the good news that bitcoin can bring to the economy.
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April 13, 2016, 05:11:26 AM
 #1599

People are lazy and they most likely think bitcoin is hard to use and full of math. Also they may think they missed the boat and people hate being late adapters to any cool new thingy. The media has done a good ass raping of bitcoin and thats not going to help,when you combine banks closing accounts over bitcoin transactions going to their account.

You are definitely right. I experienced this thing about "missing the boat". A friend of mine that I am urging to use bitcoin as an investment says it is like too late for him. I always tell him that there is no such thing as late in bitcoin. We dont know what could happen in the upcoming days or weeks.
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April 13, 2016, 06:56:43 AM
 #1600

People are eager for new things but bitcoin got a bad name because of the media. It's wrong but that's the way it is.
I guess bitcoin needs to proof itself once again.
Well, but the media has attracted more 'bad people' to use Bitcoin since they give a 'bad name' to our Bitcoin. There is no need for Bitcoin to prove itself, people just need to use their brain and don't trust every piece of the media words.
+1 for this, all the news about bitcoin only elaborate about scam, ponzi, and crime. not the good side of it and people who never use it believe what those media wrote..

Yeah those media are really trying to put down bitcoin but they will have to do a better job and bring up also the good news that bitcoin can bring to the economy.

the trend has been changing lately it is not like before any more, especially in other countries except USA.
the media and the government has been more accepting towards bitcoin in some countries for example Japan is considering announcing bitcoin as a real currency.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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