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n3o111
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June 02, 2016, 05:48:13 AM |
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The first reason which make the people to not use bitcoin is because they don't know it. Is yet very little the percentage of the people who know it. Second, they who know it and don't use it make this because they believe that the price of bitcoin will go high or very high in the future. So don't worth to use it for small or everyday needs for the everyday life. Me myself thinks like the lasts. I see the use of bitcoin to buy irrelevant things (or even relevant ones) in internet with bitcoin as a waste of it. I have other money to use in such kind of occasions: why use bitcoin?
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Mvaporis1961
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June 03, 2016, 10:35:45 AM |
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I think the only thing that stop people from using bitcoin is the ponzi/scam sites because other people believed that the ponzi will last forever but they didn't know that the site is a scam.
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hermanhs09
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June 03, 2016, 10:47:32 AM |
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I think bitcoin is actually more secure than a lot of other payment gateways. Rather, I think it's the bad image that has been cast over what bitcoin is used for that is creating doubts over the public about the morality of bitcoin.
For example, bitcoin is used for buying drugs. The public thinks that is all bitcoin is used for, and therefore they don't use it because they think it's illegal.
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mindrust
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Activity: 3430
Merit: 2522
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June 03, 2016, 10:51:43 AM |
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People want to see the physical form of bitcoin, if it holds physical image then majority of people will start accepting and using it in future.
I dont think that is ever possible bitcoin will never get physical form and that is the reason its different from other currencies, when people will be aware about bitcoin they will start using it. Exactly. Bitcoin don't need to become physical, but that's the thing with human pshychology. We want to feel it. I would feel 100 times happier if i hold my 100k$ in my hands rather than see the balance in bank's website. I don't know why, it is like prozac to my brain. |
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Herbert2020
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Activity: 1946
Merit: 1137
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June 03, 2016, 10:53:54 AM |
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I think bitcoin is actually more secure than a lot of other payment gateways. Rather, I think it's the bad image that has been cast over what bitcoin is used for that is creating doubts over the public about the morality of bitcoin.
For example, bitcoin is used for buying drugs. The public thinks that is all bitcoin is used for, and therefore they don't use it because they think it's illegal.
i agree. sadly the media has always been mostly against bitcoin especially whenever it is in their favor and most of the time they are just spreading the negative news because it is hot. and this negative publicity is one of the biggest obstacles in front of bitcoin. |
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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dhimasnk
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June 03, 2016, 10:55:45 AM |
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hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin
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saiha
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June 03, 2016, 10:59:11 AM |
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I think the only thing that stop people from using bitcoin is the ponzi/scam sites because other people believed that the ponzi will last forever but they didn't know that the site is a scam.
Yeah that's one of the reason for sure the people stops to use bitcoin, because they got victimized by those scamming sites and investment schemes. Maybe their hard earned bitcoins was risked their and the site ran away from them. Of course, it hurts their feeling and after that they hated and stop using bitcoins, that's what I assume. |
Vires in Numeris
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agustina2
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Activity: 2436
Merit: 1008
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June 03, 2016, 01:39:06 PM |
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I think the only thing that stop people from using bitcoin is the ponzi/scam sites because other people believed that the ponzi will last forever but they didn't know that the site is a scam.
Yeah that's one of the reason for sure the people stops to use bitcoin, because they got victimized by those scamming sites and investment schemes. Maybe their hard earned bitcoins was risked their and the site ran away from them. Of course, it hurts their feeling and after that they hated and stop using bitcoins, that's what I assume. But you know others that being scammed in HYIP are turning themselves into a better person here in bitcoin world. Because of that scam experienced, they now seek some safe way to earn bitcoin. And if they found some real worth of their effort, they will totally forgot to invest and try an investment HYIP site. |
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batang_bitcoin
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June 03, 2016, 01:49:31 PM |
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But you know others that being scammed in HYIP are turning themselves into a better person here in bitcoin world.
Because of that scam experienced, they now seek some safe way to earn bitcoin. And if they found some real worth of their effort, they will totally forgot to invest and try an investment HYIP site.
That's true and I'm one of them, when I was still a newbie in bitcoin and still I'm not in this bitcoin, I tried to invest in one of the hyip that I know. Only one time I get profit there and after re-investing, since I'm newbie I don't know that hyip are scams, so I trusted them. But when, I'm trying to cash out my money , worst part happens. The site ran away, but after that I became a stronger person in bitcoin and I use to fight now against hyips/ponzis so that other people will not experience what I've experience. |
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Wendigo
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Activity: 2604
Merit: 1036
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June 03, 2016, 01:51:56 PM |
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hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin
Mostly that or they simply don't understand how to use Bitcoin and are not interested into learning about this wonderful new technology and what benefits it might have for them. Negative news about Bitcoin and especially the correlation between the deepweb illegal markets and Bitcoin being the major payment method there could make some people believe that Bitcoin is primarily used for buying drugs, guns and whatnot while the truth is far from that. I have also met people who believe that Bitcoin is fake money created over the Internet. I think the biggest stopping points are negativity and ignorance of people. |
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StoreBit
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June 03, 2016, 02:06:14 PM |
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I think bitcoin is actually more secure than a lot of other payment gateways. Rather, I think it's the bad image that has been cast over what bitcoin is used for that is creating doubts over the public about the morality of bitcoin.
For example, bitcoin is used for buying drugs. The public thinks that is all bitcoin is used for, and therefore they don't use it because they think it's illegal.
i agree. sadly the media has always been mostly against bitcoin especially whenever it is in their favor and most of the time they are just spreading the negative news because it is hot. and this negative publicity is one of the biggest obstacles in front of bitcoin. may be in your area but in our area. not a single electronic media is doing so. I never heare news about bitcoin on electronic media or on print meidia. they are still silent or may be do not know about bitcoin. |
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romero121
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Activity: 3024
Merit: 1214
Vave.com - Crypto Casino
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June 03, 2016, 02:10:41 PM |
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hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin
These days not getting into the hands of scammers is very easy. I believe just due to the fluctuation happening people hesitate to believe whether it lasts for a long time. |
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streazight
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June 03, 2016, 03:59:30 PM |
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hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin
Mostly that or they simply don't understand how to use Bitcoin and are not interested into learning about this wonderful new technology and what benefits it might have for them. Negative news about Bitcoin and especially the correlation between the deepweb illegal markets and Bitcoin being the major payment method there could make some people believe that Bitcoin is primarily used for buying drugs, guns and whatnot while the truth is far from that. I have also met people who believe that Bitcoin is fake money created over the Internet. I think the biggest stopping points are negativity and ignorance of people. some people dont want to try new things or currencies unless they know 1-00% about it. When it comes to bitcoin some people are always confused about confirmation and blocks, its like they want to live with what they know. Also lack of knowledge is the main issue here as people dont have any knowledge about it so they hesitate in using it or adapting it. |
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neochiny
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June 03, 2016, 04:16:26 PM |
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hmmm, maybe because people are afraid with bitcoin fraud until they leave bitcoin
These days not getting into the hands of scammers is very easy. I believe just due to the fluctuation happening people hesitate to believe whether it lasts for a long time. agreed! scammers can be avoided with enough precaution, but the fluctuation is really worrisome, bitcoin may be rising right now but investors are not looking at the price but on the fluctuation that is happening. |
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StringerBell
Newbie
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Activity: 8
Merit: 0
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June 03, 2016, 04:19:55 PM |
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what are the rules regarding escrows? and how safe are they on this forum? i have seen the "big 3" and honestly they look trustworthy, any advice you could give regarding transactions? i have lot's of years in me spent on hf and such so i'm not an idiot, but still rules are always a little different...
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hawkins
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June 03, 2016, 04:30:00 PM |
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in fact we do not know why people stop using and seek bitcoin, and if it is from my point of view, they may be busy with work, school, or perhaps a business in which they live in the real world
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martinacar
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June 03, 2016, 04:37:06 PM |
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What is people not using it is because it has a bad name at first place and also the fact that its that a lot of people do think its very difficult to work with it.
They are thinking also its getting only used by bad people..
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newcoins1978
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June 03, 2016, 04:39:24 PM |
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in fact we do not know why people stop using and seek bitcoin, and if it is from my point of view, they may be busy with work, school, or perhaps a business in which they live in the real world
No its just the fact that it has no media attention and if it has media attention its mostly always bad about the bitcoin, It just need positive media attention these days in my eyes. |
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chels90
Newbie
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Activity: 46
Merit: 0
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June 03, 2016, 04:48:19 PM |
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Most of my friends don't know about it. I first heard of bitcoin when Backpage stopped taking cc's. It's confusing and the price changes don't help. I think if a big stores like Amazon, Target, or Walmart took a risk on it, it could grow in popularity.
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katrimans
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June 03, 2016, 05:00:34 PM |
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What is people not using it is because it has a bad name at first place and also the fact that its that a lot of people do think its very difficult to work with it.
They are thinking also its getting only used by bad people..
People think getting bitcoins is waste of money and time. Bitcoin is not useful for financial transactions unless it is used as a currency in the form of BTC. Most people don't have any Bitcoin, and getting them is a time consuming hassle. |
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