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Author Topic: What's stopping people from using bitcoin?  (Read 202153 times)
Bitcoinbro
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July 09, 2016, 09:07:17 PM
 #2881

What is stopping people from using the bitcoin is mostly that it has a good future but the worth is not good.
Another thing is that people do not want to take the risks because you can lose money due to the worth.
Bitcoinbro
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July 09, 2016, 09:41:57 PM
 #2882

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.
Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.
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July 10, 2016, 11:23:59 AM
 #2883

Fear of losing of the price will going down,i think that's the only reason why they are afraid using bitcoin it's already happen back to 2012 or 2013 when the price of bitcoin go to 1000$ and back again the at lower price .they fear to waste there money  to something that they don't really sure what well happen.

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July 10, 2016, 11:34:28 AM
 #2884

Try to explain Bitcoin to your parents/grandparents. When I first did (2013, after it reached $1k, the hype was everywhere), they didn't understand what it was at all. Now they do, but they still don't trust it. I don't either, because everything here is virtual. But they wouldn't put their money in a virtual currency.
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July 10, 2016, 11:50:02 AM
 #2885

Lack of understanding and risk associated with uncertainty. But that can all change once more people are aware of how amazing bitcoin is. For now just enjoy that you've discovered it and the ride  Wink
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July 10, 2016, 01:23:10 PM
 #2886

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.
Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.
The problem is, most of the government controls the mass media that is probably the main reason that they are not usually positive with bitcoins and particularly with bitcoin community too. They like to monopolize the currency of their country, usd for example in the America.
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July 10, 2016, 01:58:12 PM
 #2887

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.
Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.
The problem is, most of the government controls the mass media that is probably the main reason that they are not usually positive with bitcoins and particularly with bitcoin community too. They like to monopolize the currency of their country, usd for example in the America.
Not only in that way that people stop using bitcoin and i think the main reason because bitcoin has already a bad image if you know about MMM which is a company that they can attract people to their company using bitcoin. but most of the review about mmm its a scam and they still promoting mmm here in our country which is scam.. people didnt know about this company but they are learning about actual how bitcoin works..
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July 10, 2016, 02:25:33 PM
 #2888

The main problem is that people just don't even know what bitcoin is and how to use it, many people think that it's a scam or something else without any sense.

Yes and that is what is needed to be changed. If that attitude will be passed on to different people then its going to get harder to pursue them to join us. We need more people to get hooked in bitcoin. Its popularity will have an impact in the future.
Actually even the people who know about bitcoins are still having troubles using it, because when they get victims of scams like double spend and no fees transactions they feel there is something wrong with bitcoins while its wrong with people Sad

People are just scared, the bitcoin has a bad name and due to the fact it does not really attract people right now.
Maybe when the media will be a lot more positive there is a way that it will attract more people but this is also still the question it this really will happen than.
The problem is, most of the government controls the mass media that is probably the main reason that they are not usually positive with bitcoins and particularly with bitcoin community too. They like to monopolize the currency of their country, usd for example in the America.
Not only in that way that people stop using bitcoin and i think the main reason because bitcoin has already a bad image if you know about MMM which is a company that they can attract people to their company using bitcoin. but most of the review about mmm its a scam and they still promoting mmm here in our country which is scam.. people didnt know about this company but they are learning about actual how bitcoin works..


At the first time that I saw videos created by MMM members. I knew it that is a scam. Because with the system they have.
You can just easily see that they are ponzi.
And I'm sure that a lot of members stop using bitcoin from their experience there.

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bitcoluck
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July 10, 2016, 02:29:47 PM
 #2889

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news
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July 10, 2016, 06:51:55 PM
 #2890

Fear of losing of the price will going down,i think that's the only reason why they are afraid using bitcoin it's already happen back to 2012 or 2013 when the price of bitcoin go to 1000$ and back again the at lower price .they fear to waste there money  to something that they don't really sure what well happen.
but to me the only reason that stopping  people from using bitcoin is that they have no perfect and sound knowledge about bitoicn. if they are properly guided and given perfect instruction about bitcoin i am sure that then people will surely use bitcoin and will advise other to use it.
StarofBTC
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July 10, 2016, 07:20:10 PM
 #2891

What is stopping people from using the bitcoin is mostly that it has a good future but the worth is not good.
Another thing is that people do not want to take the risks because you can lose money due to the worth.

which worth you are talking about? is bitcoin just for investment for you and the peoples? it is a currency man. you don't suppose to just buy bitcoin and save it for price increase. you can do lots of things. if you are worried about bitcoin's worth(which is not right) then don't buy it. but you can earn it with many ways and methods for free. you can get payments in bitcoin from lots of websites.. so people don't have to worry about it.
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July 10, 2016, 07:46:26 PM
 #2892

I think majority of people are not aware about bitcoin yet, and if they don't know then we cannot expect that they will  start using it.

Exactly, lack of knowledge is a big issue here, as many people have not even heard about bitcoin so its difficult to expect that they will start using it.

Yeah lack of knowledge seems the issue why people doubting to use bitcoin and they are afraid to stake with it because they are afraid to lose their money because they dont know where to go and where to ask if they have problems about bitcoin and some other people are not really aware to it and seems it new to their eyes.
It is not lack of knowledge but lack of faith that prevent people from using bitcoin.Even a person with good understanding of blockchain and crypto technology may be skeptical about Bitcoin.Faith and knowledge are two completely different things


As for me, it is both. Lack of knowledge and lack of faith. Because since the people dont have any faith when it comes to this type of currency, they don't bother to find out what it really is and the opportunities in it. Or since the people are lack of knowledge about it, they can have their faith in it. Which is really applicable in real life situation. Like for example, how can you trust someone whom you doesn't know much yet right?
We have same scenario, that's what I think too. Having the lack of knowledge in bitcoin is one of the reason why people can't use bitcoin is probably a good reason it's stopping them.
hermanhs09
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July 10, 2016, 07:57:23 PM
 #2893

What is stopping people from using the bitcoin is mostly that it has a good future but the worth is not good.
Another thing is that people do not want to take the risks because you can lose money due to the worth.

which worth you are talking about? is bitcoin just for investment for you and the peoples? it is a currency man. you don't suppose to just buy bitcoin and save it for price increase. you can do lots of things. if you are worried about bitcoin's worth(which is not right) then don't buy it. but you can earn it with many ways and methods for free. you can get payments in bitcoin from lots of websites.. so people don't have to worry about it.

many people used to think that bitcoin is some scam-coin which is only invented,
to make people lost their money.But it is not,as probably everybody here already know it.
Nameless Coin
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July 10, 2016, 08:46:22 PM
 #2894

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news

The media have a negative impact on bitcoin's PR. Most of the time it's about bitcoin associated with drugs deals and criminals.
That's bad, there is more to bitcoin then that.
trickshot22
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July 10, 2016, 09:06:25 PM
 #2895

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news

The media have a negative impact on bitcoin's PR. Most of the time it's about bitcoin associated with drugs deals and criminals.
That's bad, there is more to bitcoin then that.
thats true, i think media is one of the biggest things that make people not use their bitcoins or even not to start with it, it is definitely better to just ignore them and thats it
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July 10, 2016, 09:11:44 PM
 #2896

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news

The media have a negative impact on bitcoin's PR. Most of the time it's about bitcoin associated with drugs deals and criminals.
That's bad, there is more to bitcoin then that.
I think yeah your right so i think its better to promote bitcoin in facebook for a better place using CPC cost per click.. if someone can provide or sponsor to advertise bitcoin into facebook advertisement..

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July 10, 2016, 09:30:21 PM
 #2897

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news

The media have a negative impact on bitcoin's PR. Most of the time it's about bitcoin associated with drugs deals and criminals.
That's bad, there is more to bitcoin then that.

It's a big shame from the media. The worst thing is that the average joe takes everything for granted. I know some people here that think Bitcoin is just a ponzi scheme. No matter how many times I explain them what Bitcoin is and what it can mean for them, they still think the media is right. Instead of doing their own research first, they take fud from the media for granted. It's really sad.
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July 10, 2016, 09:37:00 PM
 #2898

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news
thats true, to be honest when i started with bitcoins i thought that it might be illegal because of all the false claims i was hearing on the media, thats really sad i think

 
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July 10, 2016, 10:05:40 PM
 #2899

I believe it's mostly people who are hearing things from the media who are preferring not to use bitcoin because of the negative news

The media have a negative impact on bitcoin's PR. Most of the time it's about bitcoin associated with drugs deals and criminals.
That's bad, there is more to bitcoin then that.
I thought it was going to be a sale indirectly to bitcoin? come on who to trust with the media now? so I think this is good advertising method of bitcoin
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July 10, 2016, 10:09:08 PM
 #2900

Bitcoin is much more complicated than fiat is.
I think it is the main reason why most people hav not tried bitcoin yet.
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