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BitsandBites
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April 19, 2016, 08:39:35 AM |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped. You have to be patient if you want to make money with Bitcoin. |
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FowardtoVictory
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Activity: 29
Merit: 0
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April 19, 2016, 08:48:02 AM |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped. You have to be patient if you want to make money with Bitcoin. The price was never actually STABLE. |
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Carlsen
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April 19, 2016, 08:52:06 AM |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped. You have to be patient if you want to make money with Bitcoin. The price was never actually STABLE. If you buy bitcoins you want to invest in it or use it for something. So if you plan on spending it, you usually do that soon after you have bought them. I'm not sure how much a price stability influences your buy behaviour then. |
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arwin100
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April 19, 2016, 09:59:35 AM |
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So after reading this article and especially the ending: One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands. I'm wondering what's stopping people from using bitcoin? And now I'm talking about people who already aware of bitcoin and how it works but still not using it. The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy? I think that people are stop using Bitcoin because the price was stable for a pretty long time. I guess these people got tired of waiting and just stopped. You have to be patient if you want to make money with Bitcoin. The price was never actually STABLE. If you buy bitcoins you want to invest in it or use it for something. So if you plan on spending it, you usually do that soon after you have bought them. I'm not sure how much a price stability influences your buy behaviour then. I think price for now will go up higher more and no one can predict what is the price per btc when halving comes. I think for thos people what stopping them to use bitcoin is no one in their neighboorhoods or friends cam educate them how to earn by bitcoins and they dont surely know if they earn if they stake with it and they are afraid of digital money. |
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tabas
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April 19, 2016, 10:47:26 AM |
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The price was never actually STABLE.
Yeah, the price was never stable but the good thing is its price is always ranging to its stable price at $420. But I don't think this is the thing that people are stopping in using bitcoin. I think price for now will go up higher more and no one can predict what is the price per btc when halving comes. I think for thos people what stopping them to use bitcoin is no one in their neighboorhoods or friends cam educate them how to earn by bitcoins and they dont surely know if they earn if they stake with it and they are afraid of digital money.
That's right price will increase after that halving that we are all waiting for. I think people don't believe in digital currency / money that's why they don't believe in using bitcoin. |
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Hashminers
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April 19, 2016, 01:37:10 PM |
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The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.
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Vaskiy
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Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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April 19, 2016, 02:24:45 PM |
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The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.
I was quiet worried by your answer, the people using bitcoin have negative impact over it means, how other people believe in bitcoin? When you are in emergency sell your coins if selling rate is higher than the price you actually bought. The next time you can sell for good profits. |
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BitHodler
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Activity: 1526
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April 19, 2016, 02:33:47 PM |
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The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.
It makes no sense to quit using Bitcoin just because there is no way to predict the price. The recent stability in the price offers people a good amount of time to either buy or unload plenty of coins if they so wish. Use it in your advantage. |
BSV is not the real Bcash. Bcash is the real Bcash.
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stromma44
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April 19, 2016, 02:55:04 PM |
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The fact that you have to wait so long before something is happening with the price of Bitcoin. This annoys me as well and I thought about stopping with Bitcoin sometimes.
Especially when I need the money I want to sell everything but at the same time I think about what the price could be in the future.
It makes no sense to quit using Bitcoin just because there is no way to predict the price. The recent stability in the price offers people a good amount of time to either buy or unload plenty of coins if they so wish. Use it in your advantage. Exactly and I don't this is the right time to sell everything, in fact this is perfect time for buying, price is rising slowly at a moment, we can expect better price in future. |
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andrew24p
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April 19, 2016, 03:06:52 PM |
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personally I believe user friendliness. I think if we want to have bitcoin become mainstream we need to first have regulated insured central entities that let someone use and secure bitcoin without much knowledge. Along with this a mainstream etf for people to invest in the coins without having to worry about security. Then there can be another type of user who is knowledgeable and keeps their coins and private keys managed by themselves. Without having support for both types of these users I don't think we will continue to grow exponentially. A very unpopular opinion to some.
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umaOuma
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April 19, 2016, 04:07:20 PM |
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People have fear of loosing their money by investing in digital currency as bitcoin is still new and majority of the people are not aware about it and they don't want to invest in new product.
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Farma
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Leading Crypto Sports Betting & Casino Platform
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April 19, 2016, 04:22:20 PM |
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People have fear of loosing their money by investing in digital currency as bitcoin is still new and majority of the people are not aware about it and they don't want to invest in new product.
true, they may be afraid to try new investment with new or new product they know. very many stopped using bitcoin as always heard that bitcoin will become a thing of value, the price will drop to $ 5 or lower, it scares them and stop using bitcoin |
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Rotator
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April 19, 2016, 04:33:02 PM |
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It is in human nature to be scared from something that is new and on the first hand complicated. This must be clarified, good videos are needed. Especially those for dummies. Most people are mediocre users without much knowledge about cryptography..
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avw1982
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April 19, 2016, 04:34:13 PM |
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It is in human nature to be scared from something that is new and on the first hand complicated. This must be clarified, good videos are needed. Especially those for dummies. Most people are mediocre users without much knowledge about cryptography..
Bitcoin still not reached everywhere in the world .and some peoples who use it but still dont use it are because they think it has a lot of risk and i thonk they are also thinking right bitcoin is very violent when ever i saw it but i dont care about the price mostly i am here to understand the whole technology so price don't effect me but maximum peoples are here due to the bitcoin price they want just to grow their money without any risk bitcoin is profitable... |
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n0ne
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April 19, 2016, 06:25:49 PM |
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People have fear of loosing their money by investing in digital currency as bitcoin is still new and majority of the people are not aware about it and they don't want to invest in new product.
Yeah everyone knew the reality of the bitcoin, only the hesitation is just based upon the fluctuations that happens as well the price being stable at unpredicted instances. This would surely change by the following years. |
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mark coins
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April 19, 2016, 06:58:30 PM |
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People have fear of loosing their money by investing in digital currency as bitcoin is still new and majority of the people are not aware about it and they don't want to invest in new product.
Yeah everyone knew the reality of the bitcoin, only the hesitation is just based upon the fluctuations that happens as well the price being stable at unpredicted instances. This would surely change by the following years. If price reaches to a descent level and remains stable for a long time then it can attract many users to think of start using bitcoin, and if it doesn't happen then bitcoin will need to put extra efforts to win the hearts of the people. |
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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April 20, 2016, 10:08:42 AM |
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It is in human nature to be scared from something that is new and on the first hand complicated. This must be clarified, good videos are needed. Especially those for dummies. Most people are mediocre users without much knowledge about cryptography..
Yeah someone creates a videos for teaching bitcoin to dummies. But who will promote it. Do we have a good community here that will do something for it to be popular to those people that dont have enough knowledge. |
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agustina2
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Activity: 2436
Merit: 1008
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April 20, 2016, 11:58:01 AM |
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Actually there's no right thing that stopping people from using bitcoin. Those people are just not want to try this currency because of some major factors they are experiencing if they use this kind of currency rather than in their usual system of financing.
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betohell
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April 20, 2016, 12:40:30 PM |
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Actually there's no right thing that stopping people from using bitcoin. Those people are just not want to try this currency because of some major factors they are experiencing if they use this kind of currency rather than in their usual system of financing.
I think there is no urgent reason to stop using bitcoin. because in fact bitcoin has all the advantages that exist. so people need a good reason to get out of the bitcoin |
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BitsandBites
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April 20, 2016, 01:23:58 PM |
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You're asking a very complex question. This question can not be answered with a reason or two. There are many factors in play. Maybe Bitcoin is still too complex for some people. Besides, the majority are ignorant and closed-minded (change is hard to accept).
Yeah I agree their are many reason why people are stopping with Bitcoin. They either find Bitcoin to hard to understand or they just do not like waiting. If you want to make money with Bitcoin everyone knows that waiting is key. |
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