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Jmild1
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June 13, 2016, 11:13:59 AM |
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Volatility. Technology Bias. Adaptability.
Volatility has advantage too, you can profit when you use it in trading. How it became a technology bias? Anonymity in transaction is good to avoid being watch in every action you make in your money. Adaptability, well kind of, some people just want to stay the same and dont want to move forward. |
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Jmild1
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June 13, 2016, 11:15:26 AM |
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I think that the main problem of people who still don't use bitcoin is that they don't know what is this, bitcoins still not so popular in the world and i think it's the problem.
I think the reason was lack of support. because they could see what it was bitcoin easily on google. perhaps they already know about bitcoin. but they feel there is something of a bitcoin facilities that disturb them so they do not join in bitcoin. an example is the fluctuation Thats how ignorance work, they know the name but they are lack of knowledge what is inside it. Well, maybe they are somehow intact into fiat thats why they never get curious nor interested with this coin. |
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Piltover
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June 13, 2016, 01:25:23 PM |
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People are stop using Bitcoin because of the fact that it can be stable sometimes and people just do not like waiting a ling time before they make some money with it.
instabilities become the most important point. bitcoin is designed like that. bitcoin digital currency is difficult to predict. only those who dare to take a decision which will be used bitcoin. People are going to stop with Bitcoin when they are losing money with it and that is because you have to know that it can takes a long time until the value will be higher. But patience is really important in Bitcoin because you have to know that people are greedy and that is kind of bad. |
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Imoote
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June 13, 2016, 01:50:29 PM |
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I think that the main problem of people who still don't use bitcoin is that they don't know what is this, bitcoins still not so popular in the world and i think it's the problem.
I think the reason was lack of support. because they could see what it was bitcoin easily on google. perhaps they already know about bitcoin. but they feel there is something of a bitcoin facilities that disturb them so they do not join in bitcoin. an example is the fluctuation Thats how ignorance work, they know the name but they are lack of knowledge what is inside it. Well, maybe they are somehow intact into fiat thats why they never get curious nor interested with this coin. Someone might stop using bitcoin in my opinion because they want to stop because of the busyness in reality. Actually I do not think there is another reason for someone to stop using bitcoin because I'm sure it will not happen. |
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Corenin
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Activity: 1008
Merit: 1000
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June 13, 2016, 01:53:11 PM |
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People are stop using Bitcoin because of the fact that it can be stable sometimes and people just do not like waiting a ling time before they make some money with it.
instabilities become the most important point. bitcoin is designed like that. bitcoin digital currency is difficult to predict. only those who dare to take a decision which will be used bitcoin. People are going to stop with Bitcoin when they are losing money with it and that is because you have to know that it can takes a long time until the value will be higher. But patience is really important in Bitcoin because you have to know that people are greedy and that is kind of bad. I don't think few losses will make people to stop using bitcoin as people who have faith in bitcoin are well aware that they can recover their loss in future when price will rise again. |
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langedwig
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June 13, 2016, 02:10:40 PM |
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The stability of the value is the key point. I would really love to make BTC known to all. Of course one of the aims of this forum would be a source to. People who know BTC is less than who do not know it. More awareness would make more usage of BTC I believe.
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newcoins1978
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June 13, 2016, 03:25:04 PM |
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What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.
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rickadone
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June 13, 2016, 05:50:18 PM |
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What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.
I agree. The media often report bitcoin as a currency or as a medium used by criminals to launder money which definitely gives off a bad name for bitcoin. As for the unpredictability, it's pretty much what an investment is, unpredictable. Which is why bitcoin is such high risk investment, yet a high profit investment as well. |
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langedwig
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June 13, 2016, 06:28:14 PM |
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What is stopping people from using it is that the bitcoin is unpredictable, not stable and has a bad name because of the media that is talking bad about it these days.
I agree. The media often report bitcoin as a currency or as a medium used by criminals to launder money which definitely gives off a bad name for bitcoin. As for the unpredictability, it's pretty much what an investment is, unpredictable. Which is why bitcoin is such high risk investment, yet a high profit investment as well. Always criminals look for ways launder money. Either this may be with BTC or any other currency. If this brings bad impression on BTC then it should do with other currency or altcoins. Money market is always a open forum. It matters how this get utilized. |
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ImHacked
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June 13, 2016, 08:30:45 PM |
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I think it is their mindset that stopping them.Because they are worrried that bitcoin network can be hacked or a scam online.And they are thinking that bitcoin is a full scam
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useless4
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June 13, 2016, 08:37:15 PM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
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Crazygreek
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June 13, 2016, 10:08:35 PM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
I think that it's not the main reason why thay don't use bitcoin, it's seems very simple for me, at my opinion many people don't really interested on using bitcoin casue of bad news and other fake information. |
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Shibashi Dogemoto
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June 13, 2016, 10:31:31 PM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
I think that it's not the main reason why thay don't use bitcoin, it's seems very simple for me, at my opinion many people don't really interested on using bitcoin casue of bad news and other fake information. That's true people gets influenced by press and media and the news that they deliver, they just gets carried away with what they listen rather then researching on their own. |
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MTBTT
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June 13, 2016, 11:06:49 PM |
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maybe hey just seeing the negative sides of bitcoins well after all we have our own decision to make in our own lives .
yeah bitcoin has a negative side so maybe they just see bitcoin on the negative side. and they stopped drawn to bitcoin seeing the negative side of bitcoin |
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boyptc
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June 13, 2016, 11:12:42 PM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
Well I think that is also somehow need to consider that they are stopping from using bitcoin, but I don't think they are not really into investment. They just want to enjoy the essence and use of bitcoin, but maybe you are somehow right. |
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iv4n
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June 13, 2016, 11:32:06 PM |
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Volatility. Technology Bias. Adaptability.
All that will change soon. Bitcoin is growing and with that grow more people join, eventually that will lead to adaptability, and with that stability will come also. We can not hurry things, lets be real how much bitcoin is among us? Do you wish everything to happen over night? Well its not possible. Time need to pass, and in that period of time slow changes will happen. Its not small thing what bitcoin achieved in just 7 years, don't forget that. If bitcoin continue to grow with same speed we can expect big things to happen very soon. But again we need to show patience, and not to force things. |
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Yakamoto
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June 13, 2016, 11:37:29 PM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
Well I think that is also somehow need to consider that they are stopping from using bitcoin, but I don't think they are not really into investment. They just want to enjoy the essence and use of bitcoin, but maybe you are somehow right. Well I know I don't want whatever money I put into Bitcoin to disappear due to market movements, even if I am just buying things through Bitcoin. If I put in $20 to buy a thing, and then the market moves downwards, and say I now only have $19.50, and I can't buy whatever it was I wanted to, I would be kinda annoyed that I'd now have to put in more money to buy a thing that would only cost $20 for $20.50. |
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WaffleMaster
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June 14, 2016, 12:33:54 AM |
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i think nothing stops them, they are just afraid to lose their money because of possible price fall
Well I think that is also somehow need to consider that they are stopping from using bitcoin, but I don't think they are not really into investment. They just want to enjoy the essence and use of bitcoin, but maybe you are somehow right. Well I know I don't want whatever money I put into Bitcoin to disappear due to market movements, even if I am just buying things through Bitcoin. If I put in $20 to buy a thing, and then the market moves downwards, and say I now only have $19.50, and I can't buy whatever it was I wanted to, I would be kinda annoyed that I'd now have to put in more money to buy a thing that would only cost $20 for $20.50. This is actually a problem for me. It happens so often that it gets really inconvenient to try and buy things because you always have to go back and forth for a few cents. And then after you have to put money back to where it came from because you no doubt have more than enough in there after it's all said and done. |
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groll
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June 14, 2016, 12:36:58 AM |
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What stopping people from using bitcoin is the lack of idea of the existence of bitcoin just like my co-workers in our office. The second is the availability of btc, its hard to purchase since you have to travel far or it is absent in your place. And third it is susceptible to hacking, a question of security and confidence.
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serjent05
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June 14, 2016, 01:01:44 AM |
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What stopping people from using bitcoin is the availability of store / merchant where they can use their Bitcoin, literacy is another factor, it is a sad fact that lots of people even though heard about something dare not to research what it is even if it will benefited them. They always tend to listen to negative criticism without base rather than knowng the truth. Fear of losing their BTC holdings coz of hacking and other unexpected event is another reason too.
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