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Author Topic: What's stopping people from using bitcoin?  (Read 202115 times)
Jambolb2
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July 26, 2016, 01:30:45 PM
 #3161

Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.

Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam Sad
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July 26, 2016, 01:31:20 PM
 #3162

Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.

It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
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July 26, 2016, 02:40:42 PM
 #3163

Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.

It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.

Agree because that happened to me. Not taking risks. Askig people first and not using my own choices. I guess that is happening also to those who want to come in or invest but cant due to wanting safety first.

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July 26, 2016, 02:51:09 PM
 #3164

The bitcoin price is still too volatile. It is difficult to be used as a currency and the retailers will not hold it for long.

It's not a good derivation. Because I'm sure everyone will be happy if the price is higher, because the bitcoin is sure they will benefit. Indeed the bitcoin retailer will definitely suffer losses, but it will not last long. So you have to be patient waiting for the price of the bitcoin became expensive and that's when your time to benefit
How can retail suffer loss? Isn't that if the price go higher they will have more users to be buying on them because they will think that the hype on the coin will still continue to grow and make them go into a panic buy.
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July 26, 2016, 03:15:10 PM
 #3165

Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.

Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam Sad
Yeah well said ! in my opinion, there are more number of ponzis and scams related to bitcoin only which is doing people's brainwash by spreading negative guts about it.. but the thing about understanding bitcoin is quite easy i guess but up to the level that they can use in daily life !
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July 26, 2016, 03:28:02 PM
 #3166

Bitcoin price matters and people do not understand this money system clearly till now so they need to get the full knowledge.

Yes indeed some people do not understand the bitcoin system, but I think it's not going to stop people using bitcoin. Because in my opinion although bitcoin still has shortcomings will be more and more people use it. And the only thing that can stop people using bitcoin is if bitcoin turn out to be a scam Sad
Yeah well said ! in my opinion, there are more number of ponzis and scams related to bitcoin only which is doing people's brainwash by spreading negative guts about it.. but the thing about understanding bitcoin is quite easy i guess but up to the level that they can use in daily life !

That's the main problem in the bitcoin right now, a lot of people who are not responsible for destroying the good name of the bitcoin. I'm also very upset to the users of the bitcoin, just think of the profits without looking at the impact that exist when they do something
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July 26, 2016, 04:19:23 PM
 #3167

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin


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MaritiJames3
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July 26, 2016, 04:35:39 PM
 #3168

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
Sniper44
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July 26, 2016, 05:12:06 PM
 #3169

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.

lack awareness is one of the reasons but i think the bigger issue is the negative awareness. which means the negative way that the media is showing bitcoin as. when an average person hears about bitcoin in this way they get scared and they would just stay away, because that is easier thing to do.

to the moon with bitcoin...
richkellj
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July 26, 2016, 07:01:18 PM
 #3170

Most people are reactionary, they will all jump onto bitcoin but only when it is too late. Look at any state that goes into hyperinflation, by the time they want to get things like gold it is way too late.

It's the same as safety. often an accident needs to happen before safety is considered even if it was obvious at the time that these safety features should have already been there.
We can't really blame them for being like that since that trait can also be seen as some kind of a 'defensive mechanism' in terms of our assets since some people really just don't want to risk their assets in something that isn't a sure thing to give profit.
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July 26, 2016, 07:08:34 PM
 #3171

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
i think you might be right, a lot of people still dont know what bitcoin actually is, the other part is just afraid to lose their money with it

 
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July 26, 2016, 08:34:29 PM
 #3172

The lack of knowledge or the lack of places to use it. Undecided
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July 26, 2016, 09:07:18 PM
 #3173

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
true I think people do not use bitcoin because he did not know anything about bitcoin? Unlike my friends they do not know about bitcoin. certainly he did not join the bitcoin after I told them and they started using bitcoin. I think it is the right reason
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July 26, 2016, 10:13:52 PM
 #3174

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
true I think people do not use bitcoin because he did not know anything about bitcoin? Unlike my friends they do not know about bitcoin. certainly he did not join the bitcoin after I told them and they started using bitcoin. I think it is the right reason
Upon seeing the over-all population that uses bitcoin, the total sum of all is just 3 million(seeing this in article on reddit) It means there's not even 1% of our current population in the world that aren't aware bitcoin really exist.
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July 26, 2016, 10:15:59 PM
 #3175

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
true I think people do not use bitcoin because he did not know anything about bitcoin? Unlike my friends they do not know about bitcoin. certainly he did not join the bitcoin after I told them and they started using bitcoin. I think it is the right reason

Basic issue is lack of knowledge among the people and that is the reason they are not using it, if they are made aware and taught about it then they will surely start using it.
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July 26, 2016, 11:23:08 PM
 #3176

I think the only reason this is their busy time in the real world. for those who have not sought bitcoin with all of their time or those who have not quit their job, I think they will stop using bitcoin. especially if their income is greater than the income they get from bitcoin, I think that the main reason to stop using bitcoin, but other than that I do not think there is another reason to stop using bitcoin

Time is not the man reason I think, most people don't use it because they are not aware of bitcoin.
Better and more information is needed to make it widely used.
true I think people do not use bitcoin because he did not know anything about bitcoin? Unlike my friends they do not know about bitcoin. certainly he did not join the bitcoin after I told them and they started using bitcoin. I think it is the right reason

Basic issue is lack of knowledge among the people and that is the reason they are not using it, if they are made aware and taught about it then they will surely start using it.


That is really the main reason why people are not using bitcoin and they are not coming to the point that they are stopping. In the beginning they are really not using bitcoin. Because they don't know how to use, how to obtain it and what really it is. So, the world must be educated about bitcoin and let them adopt it so that they can enjoy the use of it.

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July 26, 2016, 11:36:16 PM
 #3177

I don't know, but i think that bitcoin still not so popular, i asked my firends about it and they really don't know nothing expet of name of crytocurrency.

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July 26, 2016, 11:59:05 PM
 #3178

I don't know, but i think that bitcoin still not so popular, i asked my firends about it and they really don't know nothing expet of name of crytocurrency.


It is not popular because people doesn't have enough knowledge on what bitcoin really is. And maybe some of them are really scared of it.
Because it is a new meta in their minds that hearing it for the first time. But it is possible in the future that they are going to know it when the
people are going to be educated.

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shintosai
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July 27, 2016, 12:19:44 AM
 #3179

it is not yet been advertise too much but i think it will rise up and people's awareness will be cover and after that people will start to understand what is the possibility for this investment and what would be the outcome, just awareness are keeping people to use it.

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July 27, 2016, 12:39:09 AM
 #3180

I don't know, but i think that bitcoin still not so popular, i asked my firends about it and they really don't know nothing expet of name of crytocurrency.


It is not popular because people doesn't have enough knowledge on what bitcoin really is. And maybe some of them are really scared of it.
Because it is a new meta in their minds that hearing it for the first time. But it is possible in the future that they are going to know it when the
people are going to be educated.
It's not about knowledge it's just about lack of advertising for bitcoin into our community, and a lot of people having a problem with the limitations of internet connections. never feeling a surprised when anytime you will get someone does not know about bitcoin.

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