What's stopping people from using bitcoin?

[kik1977]

Incentive (laziness) 

Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided.

With laziness I mean the attitude of thinking "why should I go through all those hassles when I can use cash?"

[darewaller]

you can buy bitcoin and i don't think it's hard. signature campaign is a not so hard way. or start with faucet, it's very easy, a good start for newbie, many people believe that.

That's right but still you need to explain this ways of earning to other people in order to convince to start using bitcoin.

There's a lot of opportunities for each and everyone of us here in bitcoin. But still there are circumstances that stopping them.

The only reason why people are going to stop using Bitcoin is that you already can see also that the value is keeping stable so they wont be able to make any profit with it.
And they dont like it because they want to earn some profit with it and that is quite nice for the people.

We should not have to exchange our currency to any other currency, as the first thing is that there are a lot of online stores which accept bitcoin and the second thing is that in this way more stores will also start payment with bitcoin.

[boyptc]

Bitcoins can easily be lost and are hard to recover

How can bitcoins be lost? If you have your bitcoins of course you must secure it by yourself by putting security features to your bitcoin wallet. Enabling 2nd factor authorization and encrypting its private key and keeping its mnemonic if you are using blockchain as your main wallet address.

[co5hike]

Incentive (laziness) 

Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided.

With laziness I mean the attitude of thinking "why should I go through all those hassles when I can use cash?"

Yeah laziness can be one factor responsible for people not using it and second reason could be that they really are not aware about bitcoin.

[boyptc]

Incentive (laziness) 

Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided.

With laziness I mean the attitude of thinking "why should I go through all those hassles when I can use cash?"

Yeah laziness can be one factor responsible for people not using it and second reason could be that they really are not aware about bitcoin.

This is a good point also, even I also if I'm on the road still no store is accepting bitcoin so I need to use cash either than bitcoin for paying whatever I buy here. And its a bit challenging to encourage people to use bitcoin.

[BunkerChain.Labs.Inc.]

Today I told my bank manager how to get bitcoin. Told him to just signup to coinbase and have funds from his bank account buy bitcoins.

Lets see if he does it.

[boyptc]

Today I told my bank manager how to get bitcoin. Told him to just signup to coinbase and have funds from his bank account buy bitcoins.

Lets see if he does it.

Hahaha good thing that you are instructing your bank manager to get into bitcoins.
So, let wait if he will follow what you have said to him. If he does and sees the potential of bitcoin he can recommend it to their company to accept and add bitcoins to their services and currencies that are accepting.

[knowhow]

Well the main reason under people stop or not going into bitcoin besides the image connected to bitcoin that is used to black market.The governments are acting against bitcoins ,atleast some of them,instead of trying to regulate the people who have a good portfolio or small they wanna ban it as they see is a problem and not the real value of bitcoin.Besides those people loose some bitcoins when they dont make a backup of their wallets and dont save the keys to acess it if the computer get lost or something happend to the company where your coins present.

[Corenin]

Incentive (laziness) 

Incentive gives users the more enthusiasm to work rather than laziness. Here laziness happens once they depend only on bitcoin for their living. This needs to be avoided.

With laziness I mean the attitude of thinking "why should I go through all those hassles when I can use cash?"

Yeah laziness can be one factor responsible for people not using it and second reason could be that they really are not aware about bitcoin.

This is a good point also, even I also if I'm on the road still no store is accepting bitcoin so I need to use cash either than bitcoin for paying whatever I buy here. And its a bit challenging to encourage people to use bitcoin.

Its really challenging to convince those who are not tech savvy or are not aware about the latest technology as they don't want to learn or know something new.

[plost24]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

[MingLee]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

That's a legitimate fear, and I'm not going to lie, that is something I occasionally worry about.

Everyone has one fear or another when it comes to investing, but those fears are definitely amplified when it comes to something as new as Bitcoin. it hasn't existed a long time yet, but it does have a strong track record, and it doesn't look like it is going to get any worse from here.

I am quite excited for Bitcoin's future, and i think we can expect a lot to happen in the future.

[Sierra8561]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

One thing to consider is the mining community has significant costs associated with mining bitcoin. Being a miner myself I wouldn't sale my bitcoins at a loss. I'm sure the rest of the mining community feels the same way. I think that has helped bitcoin become not nearly as volatile as it use to be.

[Snorek]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

Bitcoin acceptance is about daily use, dealing with your coins in the same way as you use FIAT in your life, forget  about speculative part of bitcoin and advanced applications, mining etc.
If reputable company accepts bitcoin payment you don't have to worry about being scammed.

[iqlimasyadiqa]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

yes a lot of people are afraid of new investment. everyone has a sense of fear to spend money, while the results are unpredictable. I think this is reasonable. the important thing is we have the confidence to invest in bitcoin. bitcoin investment in my opinion is a favorable thing. bitcoin is an investment in the future.

[Doms]

The uncertainty of the future of BTC contributes to the skepticism of people in adopting BTC. Stability plays a huge factor in convincing one to use, let alone, invest in something that is quite new to them. A few years from now, things could change for BTC, what with more people starting to know more about what BTC has to offer.

[romero121]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

In my opinion only very few exchanges have made the users to get into loss with their fraudulent activity. Now most exchanges had got a trusted network of users.

[Sierra8561]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

In my opinion only very few exchanges have made the users to get into loss with their fraudulent activity. Now most exchanges had got a trusted network of users.

I agree. Bitcoin just keeps getting better and better.

[znickelbackz]

you can buy bitcoin and i don't think it's hard. signature campaign is a not so hard way. or start with faucet, it's very easy, a good start for newbie, many people believe that.

That's right but still you need to explain this ways of earning to other people in order to convince to start using bitcoin.

There's a lot of opportunities for each and everyone of us here in bitcoin. But still there are circumstances that stopping them.

The only reason why people are going to stop using Bitcoin is that you already can see also that the value is keeping stable so they wont be able to make any profit with it.
And they dont like it because they want to earn some profit with it and that is quite nice for the people.

bitcoin value is stable? lol, it's one of the most unstable things ever. if you call bitcoin value is stable you should call the world is flat, lol.
(oh wait, is the world actually flat?)

Maybe he is referring to the price value of bitcoin and we can say that it is stable to the price ranging $450+ now.
Haha I think only atheist believes that the world is flat.

price value of bitcoin has just reached 450$ for a few days, and with the next block halving is coming really soon, it can't stand still too long for anyone to consider it's stable.
i have read the book 'The World is Flat' and actually gonna believe it, really awesome book. there is a counter book 'The World is Curve', though.

[saiha]

i think people is scared about if bitcoin will be dead when they start investing in bitcoin and in trade i think that people don't trade with bitcoin because you don't know who is the customer so it have a high risk of scam so that is why some people don't use btc

Somehow this might be the problem why people don't try to use bitcoin. But you can verify your customer with the btc wallet address that he will give it you to receive the payment from you and yeah, that is also risky because there is no cancellation of sending btc to other wallet when you already sent it to them. (I don't know if there's a cancel sending)

[LoyceV]

Somehow this might be the problem why people don't try to use bitcoin. But you can verify your customer with the btc wallet address that he will give it you to receive the payment from you and yeah, that is also risky because there is no cancellation of sending btc to other wallet when you already sent it to them. (I don't know if there's a cancel sending)

Google: "double spending". For a cup of coffee a zero confirmation transaction is perfectly fine, but for a complete dinner for 4, say 0.25 BTC, you don't want your customer to undo the transaction.
On the other hand, you also don't want your customer to be waiting for a confirmation, taking up table space, and getting annoyed if the next block takes too long.