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Author Topic: What's stopping people from using bitcoin?  (Read 202112 times)
Blackmet
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July 10, 2016, 10:13:31 PM
 #2901

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

I think this way too, bitcoin is really better and many people just don't know about it, when i heard about bitcoin first time it was not so interesting for me but than i tried Grin

sase007
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July 10, 2016, 10:15:54 PM
 #2902

A lack of knowledge of the internet, new technologies and what bitcoin does. There is also a fear with some people that their money may be stolen as a result of it being kept on an area controllable by the internet/remotely
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July 10, 2016, 10:19:37 PM
 #2903

I think that the volatility of BTC is stopping people from using it.

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July 10, 2016, 10:20:56 PM
 #2904

Bitcoin is much more complicated than fiat is.
I think it is the main reason why most people hav not tried bitcoin yet.
of course bitcoin is more complicated than fiat i think but in my opinion it will allows newbies to use it because it is really easy to sell your bitcoins i think with online wallets

 
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July 11, 2016, 12:44:20 AM
 #2905

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

I think this way too, bitcoin is really better and many people just don't know about it, when i heard about bitcoin first time it was not so interesting for me but than i tried Grin

This is true. It cannot be done in just words. A trial is needed for them to see it. When teaching someone also be sure that he or she is hands on a computer or smartphone with an internet. That way it can be shown. You could let him create an online wallet account then try to bring hom to faucets let him see how much he earned for just a bit of time.
I think I just told my story  Grin Grin

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July 11, 2016, 01:34:10 AM
 #2906

Bitcoin is much more complicated than fiat is.
I think it is the main reason why most people hav not tried bitcoin yet.
of course bitcoin is more complicated than fiat i think but in my opinion it will allows newbies to use it because it is really easy to sell your bitcoins i think with online wallets

That's true bitcoin is only complicated to those people who are not able to use it properly and to those people who don't know it literally.
That is really what stops people from using bitcoin. Is they are lack of knowledge.
Agreed that some people hates or stop using bitcoin because they do not have enough knowledge about bitcoin and i think also some cases that they lose their bitcoin in some investment and they getting disappointed that is why they decided to stop using it.
Yakamoto
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July 11, 2016, 01:48:40 AM
 #2907

Bitcoin is much more complicated than fiat is.
I think it is the main reason why most people hav not tried bitcoin yet.
of course bitcoin is more complicated than fiat i think but in my opinion it will allows newbies to use it because it is really easy to sell your bitcoins i think with online wallets

That's true bitcoin is only complicated to those people who are not able to use it properly and to those people who don't know it literally.
That is really what stops people from using bitcoin. Is they are lack of knowledge.
Agreed that some people hates or stop using bitcoin because they do not have enough knowledge about bitcoin and i think also some cases that they lose their bitcoin in some investment and they getting disappointed that is why they decided to stop using it.

Of course and we can't do something about it because there are some of remote places that there is no way to let them know about bitcoin.
Because the problem is very hard.
No internet connection, no computer at all and they are from remote places.
When you see places like that, though, you basically have to write them off completely. If they completely lack the internet, computers and everything else, then you might as well assume they even lack most banking systems that we have these days. There's no way they'll even know what digital banking is, let alone what Bitcoin would be.
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July 11, 2016, 02:36:01 AM
 #2908

FOR ME and i don't know if everyone is thinking like me I think people find it more convenient to use fiat. That is what is stopping people from using Bitcoin but bitcoin is one of the best some of my country men we use bitcoin to shop online buy some staff HOPEFULLY someday if bitcoin rise more that paypal will also see the market they can earn with BTCitcoin
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July 11, 2016, 07:00:26 AM
 #2909

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?

One reason why people stop earning Bitcoin or other cryptocurrency online is because they know how hard it is. Maybe they feel so safe when they started to earn BTC but as the time goes by, they encountered scammers. And yet they feel they are now unsafe. So there are chances that they will stop earning bitcoin, or change their style of earning. For example, if they earn through Ponzi Websites, they will transfer it on gambling sites, or vice-versa. Some other people tend to earn thru faucets even thou they earn little by little, in exchange for their safeness and security.

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July 11, 2016, 07:17:50 AM
 #2910

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.

Yes you are probably right. It is so hard for someone to put or convert their money to a currency that is very volatile and whose value changes very fast. We all know that bitcoin is one of those currencies. Why would someone use that kind of currency if there are currencies whose value is steady. They won't wake up one day that the value of money is only 10% of their original money.
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July 11, 2016, 08:00:05 AM
 #2911

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.
yeah they think that bitcoin is very risky so they do not dare to invest in bitcoin yeah I know that the frequent fluctuations in bitcoin but that's a risk
in the investment? if you do not dare took that risk better shut up because I'm currently getting a lot of benefit from fluctuations and bitcoin Cheesy
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July 11, 2016, 09:57:24 AM
 #2912

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.
yeah they think that bitcoin is very risky so they do not dare to invest in bitcoin yeah I know that the frequent fluctuations in bitcoin but that's a risk
in the investment? if you do not dare took that risk better shut up because I'm currently getting a lot of benefit from fluctuations and bitcoin Cheesy

if you dont want risks then dont try for risky investments, do some online tasks that you may know or earn from signature campaign.
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July 11, 2016, 11:06:21 AM
 #2913

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
nope i think although media reported that bitcoin is an illegal currency or etc you should know that modern societies are not simply trust the media certainly they will find out what is bitcoin first and prove by themself and I had the evidence I heard bitcoin of bad news which is done by the media. but this is precisely the moment I joined in bitcoin?
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July 11, 2016, 11:52:55 AM
 #2914

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


Bitcoin is not complicated if you spend some time in learning, what really bitcoin is ?? And the main that stopping people not to using bitcoin is that they don't know about bitcoin.
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July 11, 2016, 12:34:06 PM
 #2915

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.

There can be many reasons for that. For example, Bitcoin can be simply illegal in some countries. Or there can be no suitable infrastructure for using BTC
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July 11, 2016, 01:01:28 PM
 #2916

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

It sure is; it was really complicated for me as well when i started. But that didn't actually stop me. I think people should have a motive if they want to start using Bitcoin. Some people don't exactly have time to think about it.
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July 11, 2016, 02:17:52 PM
 #2917

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


Bitcoin is not complicated if you spend some time in learning, what really bitcoin is ?? And the main that stopping people not to using bitcoin is that they don't know about bitcoin.
Yes, I also think that's the main reason for people not to use BTC on is they are not being familiar with Bitcoin more yet.. Once they become familiar with Bitcoin then they can use, I know it will be some difficult at beginning but believe me its’ fun and they will love it !
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July 11, 2016, 02:50:03 PM
 #2918

it because many people just don't know it yet they don't know what is bitcoin what bitcoin can do what is use of bitcoin It's around for small period of time only other say\s why using bitcoin if you can go with Paypal or banking with more customer support? i said it because if you use bitcoin you can stay anonymous no knows your identity except you  Cool Cool
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July 11, 2016, 03:02:41 PM
 #2919

Probably the reason behind not using bitcoin can be the lack of understanding of the technology. Many people will think bitcoin is illegal if they come to know that it can be mined through a computer program...

Those who are not tech savy they will have problem understanding the logic behind bitcoin. That's the main constraint.

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July 11, 2016, 03:29:57 PM
 #2920

Probably the reason behind not using bitcoin can be the lack of understanding of the technology. Many people will think bitcoin is illegal if they come to know that it can be mined through a computer program...

Those who are not tech savy they will have problem understanding the logic behind bitcoin. That's the main constraint.
Yeah,but the thing is that im pretty sure,that not many people here
can really understand the mechanism of bitcoin,actually i cannot,i just know how it works but im not 100% accurate.
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