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Author Topic: What's stopping people from using bitcoin?  (Read 202112 times)
danherbias07
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June 30, 2016, 10:50:30 AM
 #2701

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

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CryingMidget
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June 30, 2016, 11:31:36 AM
 #2702

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
Cresciuanto
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June 30, 2016, 12:24:50 PM
 #2703

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
virtualkeybuyer
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June 30, 2016, 12:52:33 PM
 #2704

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...

yes a lot of people do not know about that, in our country even the students of economics do not know that what is bitcoin, the business degree holders also do not know about that currency, it need more and more support to get success.
Jmild1
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June 30, 2016, 02:03:49 PM
 #2705

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
Well to those people that already knew it, isn't it easier to tell why bitcoin is important? Like we just need to get them curious and by that we need to let them know why bitcoin is a good advantage for them if they used it.
ajun96
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June 30, 2016, 02:13:29 PM
 #2706

What is letting people not using the bitcoin is the bad name, a lot of media has really given the bitcoin a bad name.
People are thinking its only used by criminals...

Perhaps, but most people swallow the raw news that he got. This may be the beginning of where they will regret it in the future. This is not a problem for bitcoin, because there are still many people who have a mindset that is much more advanced than the people, the future of the bitcoin can already ascertained is very nice and good. So if anyone stopped using bitcoin, it would not be a problem
I think its not the reason. the media coverage of bitcoin is a lucrative advertising bitcoin indirectly and it is the promotion of bitcoin. come on who to trust with crap media now? I think people prefer to find out before they believe with media says. and I'm sure it's a great ad for bitcoin
lexuz
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June 30, 2016, 02:19:25 PM
 #2707

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
I guess too difficult to expect bitcoin will get legalization because the government can't control bitcoin this is a factor hitherto difficult to be resolved.
agustina2
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June 30, 2016, 02:41:37 PM
 #2708

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...

Spreading is useless if people will just look at bitcoin as a "word".

Don't need too much exposure. People will automatically research for what bitcoin is if they really want to know what is this all about. Like me, I just saw the word bitcoin in the web and then I seek information for what this is all about.
Anon_7716
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June 30, 2016, 02:58:22 PM
 #2709

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
I guess too difficult to expect bitcoin will get legalization because the government can't control bitcoin this is a factor hitherto difficult to be resolved.

endorsement of the bitcoin as currency is required, as this can give a positive impact to the Government or society. Because by this means the Government gave approval for every transaction done and legal. I think this will be done after the Government sees the future of the bitcoin, because the Government will not be possible to disappoint its citizens
crairezx20
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June 30, 2016, 02:59:09 PM
 #2710

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...

Spreading is useless if people will just look at bitcoin as a "word".

Don't need too much exposure. People will automatically research for what bitcoin is if they really want to know what is this all about. Like me, I just saw the word bitcoin in the web and then I seek information for what this is all about.
Yeah right i just experience it before when the price of bitcoin is low i search bitcoin before sine 2012 many people are say that bitcoin is the best investment but i am not believe and thinking about bitcoin its a scam so i stay away and forgot those currency.. but when i was graduated and have a family i came back to earn online.. im not satisfied in upwork so am looking for other side job and i found bitcoin nearly 2015 and i think it will help for more people if some company i start to teach people to earn bitcoins.. and i think they wan to earn also bitcoin at home..
OffshoreDedicated
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June 30, 2016, 09:31:44 PM
 #2711

I think its the nature of this currency. It is an online currency which a very few people get to use.
They don't need it, so they don't want to spend time understanding it.

Yes, there are chances that when FB and/or other big companies start investing in Bitcoin then people might get attracted to it and start using it. Otherwise it will take time for Bitcoin and people to get familiar with each other Tongue
JeffBrad12
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June 30, 2016, 09:39:52 PM
 #2712

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
I guess too difficult to expect bitcoin will get legalization because the government can't control bitcoin this is a factor hitherto difficult to be resolved.
maybe they think bitcoin it's troubled, and can't get a controlled the government wants to think again for the legalization in their area.
in the eyes of everyone, something is already having a legalization it's more easily to received in our community.

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danherbias07
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July 01, 2016, 12:33:46 AM
 #2713

To quote a good friend of mine, "because it doesn't have the backing [I kid you not] of government if it fails: no FSCS protection, etc...".

Or, variously, "I trust the government"

Madness.

He trust the government more even if all the wrong doings of it are seen. Media can cover all their bad deeds inside the government but still some people can break into it and see everything they do.

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...
yes it is a fact but what to do with those people who know about bitcoin but still have no interest in bitcoin. i thing we should built their confidence level. i think the only reason that stop people from using bitcoin is the legalization problem. if this problem sold then people will get confidence and will invest their money there.
Well to those people that already knew it, isn't it easier to tell why bitcoin is important? Like we just need to get them curious and by that we need to let them know why bitcoin is a good advantage for them if they used it.

That should be our goal. Make them curious. Make them envy of what you own until he or she reaches the point to asking how you did that. If that happens you got a 1 bitcoin user on the way.

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July 01, 2016, 12:42:21 AM
 #2714

no one will be able to stop someone for menggunkana bitcoin. when they have been comfortable with the ease and speed of bitcoin transactions then they will continue to use bitcoin as a substitute for real currency.
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July 01, 2016, 12:59:55 AM
 #2715

Lets be realistic that the community around bitcoin are around 40 years old, our fathers and mothers are addicted to fiat money and they only trust that kind of money. They don't know how to use technology atleast huge percentage of them, for sure some of us talked about biotin and they said its printed money? No, im not interested.
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July 01, 2016, 02:11:33 AM
 #2716

I think there no users want to stop using bitcoin because as i can see the potential of bitcoin is good for the future and it will help all users to increase their monthly revenue. No people stop if they gaining income in one thing like bitcoin.
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July 01, 2016, 02:18:58 AM
 #2717

Bitcoin is lacking from a lot of marketing campaigns that is why the general public's awareness is not on yet that high. There should be more ads, social media campaigns, infomercials that would arouse the curiosity of the common people on the advantages and benefits that bitcoin can bring. In my country, less than 1% of people are in the stock market. You can imagine how much less bitcoin's penetration is.
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July 01, 2016, 02:25:43 AM
 #2718

People will stop using bitcoin if the price of bitcoin goes down so hard, like the bitcoin's price become $1-$100. People will stop using bitcoin and change into another cryptocoin.
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July 01, 2016, 06:03:41 AM
 #2719

I think Bitcoin still needing a lot of support and spreading the word everywhere, because it's noticed that many people still don't know anything about this crypto currency...

Spreading is useless if people will just look at bitcoin as a "word".

Don't need too much exposure. People will automatically research for what bitcoin is if they really want to know what is this all about. Like me, I just saw the word bitcoin in the web and then I seek information for what this is all about.
Yeah right i just experience it before when the price of bitcoin is low i search bitcoin before sine 2012 many people are say that bitcoin is the best investment but i am not believe and thinking about bitcoin its a scam so i stay away and forgot those currency.. but when i was graduated and have a family i came back to earn online.. im not satisfied in upwork so am looking for other side job and i found bitcoin nearly 2015 and i think it will help for more people if some company i start to teach people to earn bitcoins.. and i think they wan to earn also bitcoin at home..

Yes in here you involve yourself automatically. How bad the news is about bitcoin, if you will just listen for what other's say without knowing the truth by yourself, then you will not improved your method to earn online.

There no bad news that can stop a person if they want to know more about bitcoin.
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July 01, 2016, 06:33:01 AM
 #2720

People will stop using bitcoin if the price of bitcoin goes down so hard, like the bitcoin's price become $1-$100. People will stop using bitcoin and change into another cryptocoin.
Yeah there is a chance for people to get rid about bitcoin but i think majority of the users will not do that because it is a good opportunity to earn a lot of money or to be a rich in just a few days because if the price would range starting from $1 to $100 i think it will be the best chance to generate thousands of dollar because if you bought 1000 bitcoins at the price of $1 and tomorrow the price go up to $10 so it already 10x your money by just holding Grin.
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