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Author Topic: What's stopping people from using bitcoin?  (Read 202106 times)
co5hike
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May 05, 2016, 07:24:53 AM
 #1961

People have a feeling  that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.
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May 05, 2016, 08:02:32 AM
 #1962

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.
As long as they don't give time to really know bitcoin, they will never love it's volatility...That is why it is a must to educate them well when we introduce bitcoin to them..Probably disappointment is one factor that's stopping them..
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May 05, 2016, 03:23:11 PM
 #1963

People have a feeling  that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.

Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.
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May 05, 2016, 03:36:31 PM
 #1964

people are not much aware of it and lack of knowledge i guess

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May 05, 2016, 06:46:00 PM
 #1965

People have a feeling  that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.

Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.

That's true and investment is always risky and no investment guarantees you profits but you need to make proper research before investing your money.
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May 07, 2016, 10:38:06 AM
 #1966

People have a feeling  that bitcoin will not survive for a long period of time and they will loose all their money if they invest in it at a moment.

Well they are not that good investors too even in other assets or investment. How come they will allow to loss all their money. Investment is investment. Once a person enter investment, make sure that they will keep an eye in their investment to avoid unnecessary loss.

should not judge people too soon. investors can prefer investing in things that are safer, much slower and less profitable but more guarantee. it's not bad and a really common way to play.
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May 07, 2016, 10:50:27 AM
 #1967

Not enough promotion and awareness of BTC. I ask all my friends and all they know about BTC is how you can buy drugs with them.

Some of them even think BTC is illegal... Which is definitely not true.
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May 07, 2016, 11:10:52 AM
 #1968

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

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May 07, 2016, 11:41:51 AM
 #1969

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

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May 07, 2016, 11:43:51 AM
 #1970

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.
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May 07, 2016, 12:09:29 PM
 #1971

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

I think people who dumped their coins in the past are the haters of bitcoin as they have suffered huge loss and lost their money by selling at a wrong time.
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May 07, 2016, 12:12:50 PM
 #1972

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

I think people who dumped their coins in the past are the haters of bitcoin as they have suffered huge loss and lost their money by selling at a wrong time.

That's true, they are the haters of bitcoins now , since they dumped their coins. They lost the opportunity what bitcoin can bring to them.



 

 

 

 

 

 


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May 07, 2016, 12:43:05 PM
 #1973

Depending on when they have dumped their coins. When they dumped it on the highs on the end of 2013 then they are very lucky guys now. When they dumped their Bitcoins one year ago then they are not that lucky  Smiley

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

I think people who dumped their coins in the past are the haters of bitcoin as they have suffered huge loss and lost their money by selling at a wrong time.
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May 07, 2016, 01:16:39 PM
 #1974

Depending on when they have dumped their coins. When they dumped it on the highs on the end of 2013 then they are very lucky guys now. When they dumped their Bitcoins one year ago then they are not that lucky  Smiley

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

I think people who dumped their coins in the past are the haters of bitcoin as they have suffered huge loss and lost their money by selling at a wrong time.

If they have gone through huge loss then there is no valid point that they will still love bitcoin, but it was their mistake for selling  bitcoin at wrong time.
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May 07, 2016, 01:27:19 PM
 #1975

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

I think people who dumped their coins in the past are the haters of bitcoin as they have suffered huge loss and lost their money by selling at a wrong time.

Maybe they dont hate it but i see they regret it fpr those people who dump their coin at very early stage theyre surely regreting by now when they see the price soar high and they urgently sell it because they dont beleive so much in bitcoin at that time.

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May 07, 2016, 02:00:27 PM
 #1976

I think the biggest problem is that people do not understand bitcoin yet.
that's right, I agree, but there are people out there who understand bitcoin and stop using bitcoin because they get bored to stay in front of their computers or smartphones to collet bitcoin. so maybe they look for the other job, I mean real job.

this case is experiencing by my friend, even I my self.

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May 07, 2016, 04:08:41 PM
 #1977

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

As quoted the ups and downs happens due to the nature of the bitcoin. People who understand bitcoin in the right way clearly predicts and differentiates the rise and the small variation's. This helps users to be more active.

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May 07, 2016, 04:36:56 PM
 #1978

when prices plummeted, and when people start to get bored, maybe they will leave bitcoin

it is only for people who do not have faith and confidence in the bitcoin. which would leave bitcoin simply because the price down and getting bored.
bitcoin prices did fluctuate, so it will definitely be back rise.

Yeah there is nothing new in price ups and downs in bitcoin, and now people are used to it, even if price falls people knows that bitcoin has potential to rise again.

As quoted the ups and downs happens due to the nature of the bitcoin. People who understand bitcoin in the right way clearly predicts and differentiates the rise and the small variation's. This helps users to be more active.

Price ups and downs will always be a part of bitcoin, but the price of bitcoin will be higher at the time of halving so try to buy as much as  you can.
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May 07, 2016, 05:27:09 PM
 #1979

Some people just like real money Undecided
Real money as in physical money? If that's what you mean then that is indeed true for certain people as they want to hold it in their hands.

If they can't hold it in their hands they don't consider it to be "real money" which I find quite an empty way of thinking.

BSV is not the real Bcash. Bcash is the real Bcash.
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May 07, 2016, 05:40:23 PM
 #1980

Some people just like real money Undecided
Real money as in physical money? If that's what you mean then that is indeed true for certain people as they want to hold it in their hands.

If they can't hold it in their hands they don't consider it to be "real money" which I find quite an empty way of thinking.

To be honest the fact is that people don't have faith in bitcoin yet and they feel that if they invest their money in bitcoin then they will loose all their money in long run.
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