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Author Topic: What's stopping people from using bitcoin?  (Read 202107 times)
ardentvolcanoes
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July 05, 2016, 10:29:50 AM
 #2781

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.

Yes definitely that was the problem why some people stopped using bitcoin because they don't really know about those faucets to earn it or they don't know what is the other way to earn bitcoin they actually thought that it is very hard to earn and make a profit from it . Some of them just wanted to get spoonfed by other people that is already a bitcoin users they dont do some research about it .
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July 05, 2016, 03:18:31 PM
 #2782

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 that users stop using bitcoin? it may happen.. of course they have their own reasons. yeah maybe there are some people who have the same reasons sepert you say. but I have experience for this I've stopped using bitcoin in a few months because I had other activities in real life
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July 05, 2016, 07:37:28 PM
 #2783

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, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.

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July 05, 2016, 11:19:32 PM
 #2784

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.

And that is our duty to inform them about bitcoin but if they really doesn't give interest on it then they really don't want to use bitcoin.
But I know that isn't the only thing that make people to stops from using bitcoin.

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July 05, 2016, 11:38:56 PM
 #2785

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, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.



A lot of people currently is stuck between what their governments are saying what they should do and what bitcoiners are telling them to do. Bitcoin still needs to gain trust of people before it can launch full scale.

Take for example the illegal uses of BTC. That is one of the biggest reasons why people are afraid of using bitcoin.

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July 05, 2016, 11:54:48 PM
 #2786

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, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.



A lot of people currently is stuck between what their governments are saying what they should do and what bitcoiners are telling them to do. Bitcoin still needs to gain trust of people before it can launch full scale.

Take for example the illegal uses of BTC. That is one of the biggest reasons why people are afraid of using bitcoin.

I think that is unfair if they are thinking that way about bitcoin, think also about fiat money. It is also being used for illegal uses like buying of illegal drugs and as well as illegal things.
I guess bitcoin should really need to gain people's trust.

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July 06, 2016, 12:17:47 AM
 #2787

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.
thats true, people are afraid to use bitcoins right now because they think that they might have troubles with law or something like that but thats usually impossible if you only use bitcoins

 
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July 06, 2016, 12:25:14 AM
 #2788

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, many people are not sure about bitcoins and find it unfamiliar. They may percieve it as a risky business due the drastic fluctuation of bitcoin value. Some may think of it as unsafe due to hacking. Well people don't wanna lose their money. The fact that it is new currency and illegal in some countries might be some of the reasons.



A lot of people currently is stuck between what their governments are saying what they should do and what bitcoiners are telling them to do. Bitcoin still needs to gain trust of people before it can launch full scale.

Take for example the illegal uses of BTC. That is one of the biggest reasons why people are afraid of using bitcoin.
maybe government give a big contribution for people is want to stop using BTC, because if government included using bitcoin activities included in illegal activities I sure will afraid to using bitcoin same with submitting themselves into the jail.

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July 06, 2016, 12:35:00 AM
 #2789

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.
thats true, people are afraid to use bitcoins right now because they think that they might have troubles with law or something like that but thats usually impossible if you only use bitcoins

Yeah that's true people are scared to use bitcoin because they think that it is going something to do with the law. But we can't blame them
if they are thinking that way.
But in the future that will change for sure.
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July 06, 2016, 01:40:31 AM
 #2790

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.
thats true, people are afraid to use bitcoins right now because they think that they might have troubles with law or something like that but thats usually impossible if you only use bitcoins

Yeah that's true people are scared to use bitcoin because they think that it is going something to do with the law. But we can't blame them
if they are thinking that way.
But in the future that will change for sure.
That's right in the future, the point of view of other people when we talk about bitcoin will change because they will slowly understand what is exactly is bitcoin and they will also get that bitcoin is mostly have positive impact to our life. I think we just need for the right time that bitcoin will gets more popularity and more adoption so it will easy for people to change their point of view if there are many people who are using bitcoin.
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July 06, 2016, 01:49:01 AM
 #2791

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.
thats true, people are afraid to use bitcoins right now because they think that they might have troubles with law or something like that but thats usually impossible if you only use bitcoins

Yeah that's true people are scared to use bitcoin because they think that it is going something to do with the law. But we can't blame them
if they are thinking that way.
But in the future that will change for sure.
That's right in the future, the point of view of other people when we talk about bitcoin will change because they will slowly understand what is exactly is bitcoin and they will also get that bitcoin is mostly have positive impact to our life. I think we just need for the right time that bitcoin will gets more popularity and more adoption so it will easy for people to change their point of view if there are many people who are using bitcoin.

Yes that is going to change in the future especially if the government itself is going to endorse it to the people.
But still there are places that doesn't have computer at all and internet so it is also an hindrance for them.
To stop using bitcoin and don't use bitcoin at all.

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July 06, 2016, 01:55:59 AM
 #2792

I think the reason why some people does not use Bitcoin even though they knew it already is because the lack of knowledge about it. Maybe they only knew is the basic about bitcoin but they don't know much how to earn from it. The other reason is that they don't have have money for investment. Lastly, they've been scammed before for some reason and they are afraid now to try on investing on some online thing.
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July 06, 2016, 02:22:39 AM
 #2793

I think the reason why some people does not use Bitcoin even though they knew it already is because the lack of knowledge about it. Maybe they only knew is the basic about bitcoin but they don't know much how to earn from it. The other reason is that they don't have have money for investment. Lastly, they've been scammed before for some reason and they are afraid now to try on investing on some online thing.

Lack of knowledge is really the one of the reason why people are scared of using bitcoin and falls down to stopping from using it.
But once they are going to educated about bitcoin for sure they are going to start it immediately.

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July 06, 2016, 02:34:48 AM
 #2794

not being able to mine it to use it to make small amounts takes alot of power so i just mine and use eth
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July 06, 2016, 02:42:33 AM
 #2795

Why people are not using the bitcoin is because they are scared that the bitcoin collapse and if that happen they will lose a lot of money.
They do not want to take the risk for using them, I can partly understand them for a bit.
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July 06, 2016, 06:10:38 AM
 #2796

So after reading this article and especially the ending:

Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
i think most people dont trust bitcoin etc because:
1) its a new thing pretty much,people dont trust new things
2) its in web,people dont trust anyone in web too (in most cases)
3) Its too pretty to be true? a lot of my friends thinks like that
how can you say that the price of bitcoin are stable now. you can see that on previous day the price of bitcoin reached to 700 USD and on next day the price decrease to 650 USD. now the rate is again touching 700 USD. So how can we call it stable i think it is a flexible rate and t a stable one.
Well, that reply was made on October 2015 and the price was indeed stable at that time so your argument is totally invalid and I always believe only those who are buying bitcoins for long term holding might worry about the bitcoin prices and that may stop them from their actions. To use bitcoin, stable nor fluctuating prices are not a concern as you are risking only very small negligible amount.
serjent05
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July 06, 2016, 08:09:32 AM
 #2797

So after reading this article and especially the ending:

Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.

I'm wondering what's stopping people from using bitcoin?

And now I'm talking about people who already aware of bitcoin and how it works but still not using it.

The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
i think most people dont trust bitcoin etc because:
1) its a new thing pretty much,people dont trust new things
2) its in web,people dont trust anyone in web too (in most cases)
3) Its too pretty to be true? a lot of my friends thinks like that
how can you say that the price of bitcoin are stable now. you can see that on previous day the price of bitcoin reached to 700 USD and on next day the price decrease to 650 USD. now the rate is again touching 700 USD. So how can we call it stable i think it is a flexible rate and t a stable one.
Well, that reply was made on October 2015 and the price was indeed stable at that time so your argument is totally invalid and I always believe only those who are buying bitcoins for long term holding might worry about the bitcoin prices and that may stop them from their actions. To use bitcoin, stable nor fluctuating prices are not a concern as you are risking only very small negligible amount.

Pretty much i agree, if you are using bitcoin, the risk is very small to negligible amount, since once you have it in your hand, you will send it to anoher hand in trade or buying their goods.  The only thing is the fee when buying it, like for example in my country the difference between buying and selling it is around 3%, basically that will be the only lost you really feel when you are to use bitcoin right after you bought it.
More probably being ignorant is what stopping people on using Bitcoin.

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chaosknight
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July 06, 2016, 08:17:52 AM
 #2798

Why people are not using the bitcoin is because they are scared that the bitcoin collapse and if that happen they will lose a lot of money.
They do not want to take the risk for using them, I can partly understand them for a bit.

Yeah they are scared of price fluctuations as they feel that they will loos all their money in long run if they invest in it, and that is the reason they are not using it.
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July 06, 2016, 08:20:26 AM
 #2799

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.
thats true, people are afraid to use bitcoins right now because they think that they might have troubles with law or something like that but thats usually impossible if you only use bitcoins
Exactly. The only fear is the govt polices and regulations. Fear comes only when we go over something. Unless there is a block , no will have problem in going through with what they have started.
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July 06, 2016, 08:23:05 AM
 #2800

Why people are not using the bitcoin is because they are scared that the bitcoin collapse and if that happen they will lose a lot of money.
They do not want to take the risk for using them, I can partly understand them for a bit.

Yeah they are scared of price fluctuations as they feel that they will loos all their money in long run if they invest in it, and that is the reason they are not using it.
A business expert knows when and where to invest. Be so smart in finding out the right time and situation and place to invest in to see a good turn over to what you have invested. Never loose hope and confidence when you do business or after investing on something. Try to think twice or more than that before investing your money on something.
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