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Author Topic: What's stopping people from using bitcoin?  (Read 202110 times)
bithasher
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May 28, 2016, 12:02:37 PM
 #2141

It is still very advance for a common man to adopt and understand fully how Bitcoin works and how safer it is.I have had discussion with quite few people but they have some kind of reservations like always every new thing is being suspiciously.I hope and confident that in new future more and more people will start using Bitcoin.
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May 28, 2016, 12:09:50 PM
 #2142

It is very natural reaction of people showing some fear and lack of trust in Bitcoin.Actually every new thing pass through this process where one group of people embrace it immediately,second group just reject and third adopt the policy or wait and see.Many people still are watching it with curiosity and same time have will to start it using.There is nothing serious to be worried about that why people still are not using Bitcoin fully.

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May 28, 2016, 12:15:09 PM
 #2143

It is still very advance for a common man to adopt and understand fully how Bitcoin works and how safer it is.I have had discussion with quite few people but they have some kind of reservations like always every new thing is being suspiciously.I hope and confident that in new future more and more people will start using Bitcoin.

Yeah and I think we should keep on telling them every now and then about bitcoin, and it can divert their mind and may be they will start taking positively.

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Xenophoto
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May 28, 2016, 12:25:30 PM
 #2144

It is very natural reaction of people showing some fear and lack of trust in Bitcoin.Actually every new thing pass through this process where one group of people embrace it immediately,second group just reject and third adopt the policy or wait and see.Many people still are watching it with curiosity and same time have will to start it using.There is nothing serious to be worried about that why people still are not using Bitcoin fully.

Some people just cant embrace change, right? Smiley Probably these kind of people are the ones who are stuck in their comfort zone. Most of them are claiming that bitcoin is "lame", "scam", or smth like that simply because it's done online. They think that bitcoin is all about deep web and all those creepy stuffs that you don't want to know.

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May 28, 2016, 12:26:30 PM
 #2145

It is still very advance for a common man to adopt and understand fully how Bitcoin works and how safer it is.I have had discussion with quite few people but they have some kind of reservations like always every new thing is being suspiciously.I hope and confident that in new future more and more people will start using Bitcoin.

Yeah and I think we should keep on telling them every now and then about bitcoin, and it can divert their mind and may be they will start taking positively.

we can do that, we tell them what are the possibilities of bitcoin etc.., but the only thing that prevent
people from using bitcoin is bitcoin itself, the lack of stability and security makes investors worry. when bitcoin
overcome its weakness people will start adopting bitcoin more.

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chaosknight
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May 28, 2016, 12:44:41 PM
 #2146

It is still very advance for a common man to adopt and understand fully how Bitcoin works and how safer it is.I have had discussion with quite few people but they have some kind of reservations like always every new thing is being suspiciously.I hope and confident that in new future more and more people will start using Bitcoin.

Yeah and I think we should keep on telling them every now and then about bitcoin, and it can divert their mind and may be they will start taking positively.

we can do that, we tell them what are the possibilities of bitcoin etc.., but the only thing that prevent
people from using bitcoin is bitcoin itself, the lack of stability and security makes investors worry. when bitcoin
overcome its weakness people will start adopting bitcoin more.

I don't see any weakness in bitcoin, and if you think that price volatility is weakness of bitcoin then I think you are wrong, as its an opportunity to make quick profits.
Cryptonitex
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May 28, 2016, 01:41:37 PM
 #2147

The thought of not using a currency one grew up on. That's probably one of the many reasons. It's all they all know.
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May 30, 2016, 10:40:10 AM
 #2148

People don't use bit coins because most of them don' t know exactly what it is or the value of it maybe they don't even know how to use it. I think people are afraid to use it because they don't know much about it and you need to buy it with money, and money is there everything.
Why pay with bit coins if you can pay with cash and have more warranty.
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May 30, 2016, 10:46:45 AM
 #2149

The thought of not using a currency one grew up on. That's probably one of the many reasons. It's all they all know.
I doubt it. Hundreds of millions of Europeans are forced to use a currency they didn't grew up on. That doesn't stop them from using it, although I don't know anybody who liked the switch.

mark coins
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May 30, 2016, 11:46:47 AM
 #2150

People don't use bit coins because most of them don' t know exactly what it is or the value of it maybe they don't even know how to use it. I think people are afraid to use it because they don't know much about it and you need to buy it with money, and money is there everything.
Why pay with bit coins if you can pay with cash and have more warranty.

People don't hold sufficient information related to bitcoin and that is creating an issue here, if they are educated in proper way then they will start using it.
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May 30, 2016, 12:26:50 PM
 #2151

Older generations are simply too distant from technology, but new generations will use it more and more, it will become more and more popular for sure Smiley
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May 30, 2016, 12:29:22 PM
 #2152

Older generations are simply too distant from technology, but new generations will use it more and more, it will become more and more popular for sure Smiley

Yeah older generation will never prefer to risk their by money in something they really don't know and they would stay away from bitcoin.

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May 30, 2016, 12:30:51 PM
 #2153

i think it is because some are afraid of the new things to learn. You will need to understand it. More to learn. Some just want to live on what they have. And dont want anymore to learn what is this and what is that.
sulendra12
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May 30, 2016, 12:38:05 PM
 #2154

Someone hold some btc and got scammed , after that they stop using bitcoin.
And i am often asked to my friend about "bitcoin " , they simply answer " i don't interested".
Maybe people don't want to use digital thing . It's just matter of time to make these people come back again to bitcoin world.

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Cryptonitex
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May 30, 2016, 12:40:19 PM
 #2155

The thought of not using a currency one grew up on. That's probably one of the many reasons. It's all they all know.
I doubt it. Hundreds of millions of Europeans are forced to use a currency they didn't grew up on. That doesn't stop them from using it, although I don't know anybody who liked the switch.
That was because the government forced the switch of the currency... No, people didn't like it. But if America dropped the USD and forced people to use BitCoin, people wouldn't like it either... But it should happen.
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May 30, 2016, 12:41:22 PM
 #2156

Older generations are simply too distant from technology, but new generations will use it more and more, it will become more and more popular for sure Smiley

If it is generation dependent, it will take about 25 years for the bitcoin to be very popular among general population.
Try explaining BitCoin to your Grandmother... Good luck...
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May 30, 2016, 01:24:12 PM
 #2157

Older generations are simply too distant from technology, but new generations will use it more and more, it will become more and more popular for sure Smiley

If it is generation dependent, it will take about 25 years for the bitcoin to be very popular among general population.
Try explaining BitCoin to your Grandmother... Good luck...
For sure if I will explain bitcoin to my grandma she will be crazy on the things and terms that I will going to tell her about bitcoins.
And that's why people are stopping from using bitcoin, is that they don't really understand it.

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May 30, 2016, 01:46:12 PM
 #2158

The thought of not using a currency one grew up on. That's probably one of the many reasons. It's all they all know.
I doubt it. Hundreds of millions of Europeans are forced to use a currency they didn't grew up on. That doesn't stop them from using it, although I don't know anybody who liked the switch.
That was because the government forced the switch of the currency... No, people didn't like it. But if America dropped the USD and forced people to use BitCoin, people wouldn't like it either... But it should happen.

People will stop using Bitcoin when they realize that they are losing money with it if they are selling it on the right moment and it is also actually too late when they realize it so that is bad.
But I also think that it is their own fault because if you have patience you can always make profit with Bitcoin if you are slling it on the right moment.
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May 30, 2016, 02:08:00 PM
 #2159

The thought of not using a currency one grew up on. That's probably one of the many reasons. It's all they all know.
I doubt it. Hundreds of millions of Europeans are forced to use a currency they didn't grew up on. That doesn't stop them from using it, although I don't know anybody who liked the switch.
That was because the government forced the switch of the currency... No, people didn't like it. But if America dropped the USD and forced people to use BitCoin, people wouldn't like it either... But it should happen.

People will stop using Bitcoin when they realize that they are losing money with it if they are selling it on the right moment and it is also actually too late when they realize it so that is bad.
But I also think that it is their own fault because if you have patience you can always make profit with Bitcoin if you are slling it on the right moment.

If you sell at the wrong time then its your fault and you cannot blame bitcoin for that, generally people lack patience and sell when price drops and then start hating bitcoin.
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May 30, 2016, 02:15:36 PM
 #2160

Older generations are simply too distant from technology, but new generations will use it more and more, it will become more and more popular for sure Smiley

If it is generation dependent, it will take about 25 years for the bitcoin to be very popular among general population.
Try explaining BitCoin to your Grandmother... Good luck...

This is gonna be very hard, of course that is a mission that is almost not possible due to the fact that the bitcoin is too new for elderly.
I think it will be very hard to let elderly learn the bitcoin.
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