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Author Topic: What's stopping people from using bitcoin?  (Read 202143 times)
newcoins1978
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July 04, 2016, 02:57:33 PM
 #2761

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
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July 04, 2016, 04:50:18 PM
 #2762

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
that might be right in my opinion, the only solution for that is not to use any of the wallets that are online and switch to cold storages such as paper wallets i think

i think people themselves only can stop them from using bitcoins because they are afraid of getting sued by governments if bitcoins become an illegal thing in their country

 
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terman45x
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July 04, 2016, 05:12:49 PM
 #2763

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.

Yes if you want to make money from bitcoins then you need to have patience and even people are afraid of price volatility and they feel that they might loose their money by investing in it.
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July 04, 2016, 05:17:42 PM
 #2764

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.

Yes if you want to make money from bitcoins then you need to have patience and even people are afraid of price volatility and they feel that they might loose their money by investing in it.
though i dont think that you need to be afraid of the price volatility because in my opinion it isnt that bad, to be honest it is really interesting for me when it happens

nothing stops people from using their bitcoins, they might not want to do that sometimes and thats it, i think that it is a really bad thing to be honest though it is how it is

 
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July 04, 2016, 11:19:38 PM
 #2765

I think lack of knowledge is the major issue here. People are not aware about bitcoin, so it makes difficult for them to start using it or invest their money on bitcoin.
If people know they could earn decent money from bitcoin, that would encourage them to use bitcoin.
yeah I think the reason it makes sense when the media reported that bitcoin is not appropriate to the circumstances that exist in addition to the media also give information or news cornered and make images bitcoin bitcoin be ugly. maybe people think that bitcoin is an enemy
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July 04, 2016, 11:45:12 PM
 #2766

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
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July 04, 2016, 11:50:11 PM
 #2767

I think lack of knowledge is the major issue here. People are not aware about bitcoin, so it makes difficult for them to start using it or invest their money on bitcoin.
If people know they could earn decent money from bitcoin, that would encourage them to use bitcoin.
yeah I think the reason it makes sense when the media reported that bitcoin is not appropriate to the circumstances that exist in addition to the media also give information or news cornered and make images bitcoin bitcoin be ugly. maybe people think that bitcoin is an enemy


Well medias are always been bias maybe the banks did pay for them to do such reports to make a black propaganda for bitcoin.
Or there is someone that really hates bitcoin.
So he seek help for the medias and destroy bitcoins reputation so that they can manipulate people.


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July 04, 2016, 11:59:12 PM
 #2768

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
i think you might be right, a lot of people are just afraid that they will get hacked and they just decide not to use their bitcoins in order not to lose a lot of money in shor period of time

 
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July 05, 2016, 01:02:06 AM
 #2769

I am not sure what is stopping people fro using Bitcoin but I can think of a couple of reasons, I think that one of the reasons is that people are afraid of getting hacked and I cannot blame those people.
Maybe some people are also not patient enough to wait to make money.
i think you might be right, a lot of people are just afraid that they will get hacked and they just decide not to use their bitcoins in order not to lose a lot of money in shor period of time
I think the fact that people are afraid they'll lose a lot of money once they invest it due to market movements is definitely a concern for them to have, and I am honestly concerned about the value I have in Bitcoin being lost as well. It is relatively unlikely to go down too far from here, but that doesn't mean everything is hunky-dory either.
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July 05, 2016, 01:11:29 AM
 #2770

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
yeah it might happen to them. they do not quite understand about bitcoin bitcoin but they thought was a threat to them. because of the potential for very large bitcoin
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July 05, 2016, 01:43:37 AM
 #2771

The volatility of the price. If the price is not steady, we will not hold and use bitcoin as we do not know the purchasing power tomorrow.
Common people is always told the volatility price is becoming an important factor, but they never think sometimes someone is getting bored with bitcoin and want to search a new thing for refreshing their minds. I sure always everything about Bitcoin for a long time it makes me people getting bored with that.

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July 05, 2016, 01:55:46 AM
 #2772

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
yeah it might happen to them. they do not quite understand about bitcoin bitcoin but they thought was a threat to them. because of the potential for very large bitcoin

Lack of knowledge because of bitcoin is one of the reason why people doesn't want to use bitcoin. But in real, there are so many reasons
why people doesn't or stops in using bitcoins.
Others doesn't really want to use it as they used to stick with paper money.


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July 05, 2016, 06:08:22 AM
 #2773

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
maybe what's stopping them is their lack of knowledge about bitcoins. Or maybe they just don't see bitcoins as a sound alternative to paper money that they are used to be using. Maybe with the proper advertisements about bitcoins, more and more will appreciate the value of bitcoins.
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July 05, 2016, 06:15:10 AM
 #2774

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
maybe what's stopping them is their lack of knowledge about bitcoins. Or maybe they just don't see bitcoins as a sound alternative to paper money that they are used to be using. Maybe with the proper advertisements about bitcoins, more and more will appreciate the value of bitcoins.
in my country, a lot of people does not have an internet connection and where they can get information about bitcoin if they don't basic requirement to accept bitcoin. but in some region, the community is refused about the technology and still adhere to the tradition.

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July 05, 2016, 06:29:44 AM
 #2775

The main reason is they don't know how to use it or earn it, if they are taught how to earn then they will definitely start using it in future.
maybe what's stopping them is their lack of knowledge about bitcoins. Or maybe they just don't see bitcoins as a sound alternative to paper money that they are used to be using. Maybe with the proper advertisements about bitcoins, more and more will appreciate the value of bitcoins.
in my country, a lot of people does not have an internet connection and where they can get information about bitcoin if they don't basic requirement to accept bitcoin. but in some region, the community is refused about the technology and still adhere to the tradition.

That's really a big problem for them to know about bitcoin so their situation is the hindrance why the didn't even know about bitcoin.
I hope they can be just like you so that they can experience the use of bitcoin.

Vires in Numeris
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July 05, 2016, 06:36:40 AM
 #2776

There are many reasons that stop people from using Bitcoins. Some of them are given below:-
1. People think that Bitcoin is not a legal  currency and we dog scammed by it.
2. People does not want to use a digital currency.
3. People don't want to use a currency which is not maintained by any organization or bank......

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July 05, 2016, 06:51:05 AM
 #2777

I think there were a reason for them to stop using bitcoin. They might get scammed or losed their money when they used bitcoin currency

Possible.  Some would lose heart should they encounter that kind of scenario.   Or maybe some who started with a few faucets thinks they aren't earning enough.  They may be expecting more with so little time.   

I'm new and been scammed but that didn't deter me knowing the potential of the bitcoin.

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July 05, 2016, 07:06:40 AM
 #2778

There are many reasons that stop people from using Bitcoins. Some of them are given below:-
1. People think that Bitcoin is not a legal  currency and we dog scammed by it.
2. People does not want to use a digital currency.
3. People don't want to use a currency which is not maintained by any organization or bank......

The currency not with a bank is a benefit, i doubt that's a reason to not use it, i would rather say the negative impact of scammers is what is stopping people to use bitcoin.
At the least the people I've asked.
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July 05, 2016, 07:20:09 AM
 #2779

I think there were a reason for them to stop using bitcoin. They might get scammed or losed their money when they used bitcoin currency

Possible.  Some would lose heart should they encounter that kind of scenario.   Or maybe some who started with a few faucets thinks they aren't earning enough.  They may be expecting more with so little time.   

I'm new and been scammed but that didn't deter me knowing the potential of the bitcoin.

So that's one of the reason why people who already knew bitcoin are just quitting it is because they are got victimized by those kind of ponzi's scamming site.
And it happened to me also, but I didn't allow it to make me like that.

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July 05, 2016, 07:45:22 AM
 #2780

Exactly right it's just lack of awareness and exposure which is stopping people from using Bitcoin. Hence BTC can come up with some sort of exhibition or some conference to create awareness because Bitcoin is something which most of people are looking for.
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