Fireblade
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January 13, 2017, 09:36:10 PM |
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i think that people don't know about bitcoin because there is a few place that introduce bitcoin into public and people still thinking that bitcoin is just a part of internet and maybe they don't know that bitcoin can be a way for them to make money. the other reason is they don't care about bitcoin and they don't think that bitcoin is new technology that will helped them to make money.
I think awareness about bitcoin is gaining ground, but in a negative way. People are talking about "bitcoin being used in underground such as drug dealing and gambling. Bitcoin is notorious for not being connected to "good news". That's the fact indeed. The media trying to expose bitcoin in a negative way so people will know it but not going to join the community or being one of us. But even the media or "government" are already trying that way to defend their local currency, there must be someone who has a brain and finding the truth behind what media has spread with their news. in my area i think still media is also playing a very positive role. most of the they speak about in the favour of bitcoin and explaining its positive aspects, and similarly on social media people are discussing bitcoin in a better way. therefore i can say that social media also play important role in introducing bitcoin in to the people.
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aardvark15
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January 13, 2017, 11:00:26 PM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
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panju1
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January 14, 2017, 12:34:24 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
If they start looking at Bitcoin as an investment, they will never get it. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) People, in general, are risk averse. They would hate to see their hard earned money lose a quarter of its value in a day.
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jakelyson
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January 14, 2017, 02:42:23 AM |
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I think Friedrich Nietzsche said it best — 'And those who were seen dancing were thought to be insane by those who could not hear the
music.'
We are dancing on the music of a ground breaking technology, also called : The Internet of Money and the rest of the Fiat slaves are not
hearing the music. Can we blame them for not dancing?
We should make them hear the music, and the only way to do this, will be to increase the volume. The volume on the exchanges and the
volume of merchants and the volume of Bitcoin ATM's and the volume of information on public social media.
-= Increase the volume, so that we can all dance together =-
There is no use adjusting the volume if they just consider it as noise. The best thing we can do is make them see how good and enjoyable we dance. Then maybe they consider the noise as something pleasant. Reflect into our lives the effects of bitcoin to us and maybe those near you can see the good effects of bitcoin to you. Slowly making them curious has good effect on others too.
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coinsocieties
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January 14, 2017, 02:48:50 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
This is why, when you run across these people, you explain it to them so they will get into it! The more people into it, the better off bitcoin will be. I always tell people about bitcoin and how it could be good to them. Some people will like it and others will run.
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dhampir-D
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January 14, 2017, 02:57:32 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
This is why, when you run across these people, you explain it to them so they will get into it! The more people into it, the better off bitcoin will be. I always tell people about bitcoin and how it could be good to them. Some people will like it and others will run. I think the only people who are going to run are those who do not want a more decentralized economy, that is, such people may not understand the value of freedom. There are also people who have a tendency to resist new technologies, especially people who are not accustomed to the fact that, through the use of the internet, in association with other technologies, there are easier ways to get things done. Such people probably need reviewing how they see such technologies, to then accept the benefits that this can bring.
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ipanks
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January 14, 2017, 03:10:21 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
maybe its right because for new people, they think that they should buy bitcoin with the whole of 1 bitcoin and if they think like that, then they need to understand for this so their mind is open and they can buy bitcoin with the amount that they want to buy. i think they don't know about investment bitcoin so they think that bitcoin will fall in the long term and we should explain more about this.
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Wind_FURY
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January 14, 2017, 04:20:45 AM |
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for how i see it the reason is because they don't want to buy a thing that look like assets/stock or something, people prefer to earn it with their time
they don't ant to risktheir investment on soemthign they don't trust, if bitcoin was acquired with a regular job salary, it would be adopted much quickly
Bingo. You hit the nail on the head. There are posters in this thread that criticize some Bitcoiners for not spending their coins and only holding them with the hope to sell at a higher price. Who is not doing this? Every Bitcoiner is holding because they used their savings to acquire them. They treat more like a commodity instead of a currency. The people who use it like a currency are the people in the dark markets because they need to.
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Fireblade
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January 14, 2017, 04:28:19 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
yes we can say and i think it is our duty to introduce bitcoin in our areas and to give proper guidance to the people who are interested in bitcoin and still they are feeling reluctant to use it. because if the number of bitcoin is increasing it is becoming more and more reliable and trusted currency.
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raven7886
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January 14, 2017, 04:34:51 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
In my country also buying bitcoin needs to solve lot of complications like needs lot of initial set up. I tried buying in person but I found that was a scam attempt as they thought I did not have all the knowledge about bitcoins (double spending must be they would have planned up as they not accepting my confirmation requirements). I am just getting my bitcoins only from signature campaign. Other sources are not significant yet.
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housebtc
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January 14, 2017, 05:06:32 AM |
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I think the main reason why Big money is not moving into Bitcoin yet is volatility and also government regulation, just see the way PBOC pronouncement affect the price of Bitcoin recently, nobody want to see the value of his portfolio dropped 30% over night.
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jovs
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January 14, 2017, 05:35:14 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
yes we can say and i think it is our duty to introduce bitcoin in our areas and to give proper guidance to the people who are interested in bitcoin and still they are feeling reluctant to use it. because if the number of bitcoin is increasing it is becoming more and more reliable and trusted currency. In my opinion, you don't need to encourage people to invest in bitcoin. Since bitcoin is becoming popular, it can be used as main mode of payment online rather than US dollar. Like whatvI'm doing, I used bitcoin in one purpose, that is not to invest on it but to use it for the transaction online.
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KennyR
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January 14, 2017, 06:11:12 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
That doesn't look right, people are not much aware of bitcoin around different countries. If they had known buying is not a big thing, because lots of exchange, trading websites, forums, faucet sites has made buying easier. Now the risk of bitcoin too decreased a lot by the decreased volatility than the past.
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bravehearth0319
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January 14, 2017, 06:13:41 AM |
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It is because they are not open minded in this opportunity, if that applies to their mind it will never be understandable ever to get what bitcoin is really all about. which means they are totally blinded on the unique system it has.
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Viscore
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January 14, 2017, 06:22:21 AM |
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The main reason that people don't buy it is that they don't understand it and don't even know where to get any. A secondary reason is that it is still a very risky investment that we have to realize may fail in the long term.
That doesn't look right, people are not much aware of bitcoin around different countries. If they had known buying is not a big thing, because lots of exchange, trading websites, forums, faucet sites has made buying easier. Now the risk of bitcoin too decreased a lot by the decreased volatility than the past. There's no question it's a risky investment but it's already understood that we are all risk takers here. News like that would not affect much about bitcoin as we are not only relying in one country or institution, this is our voice and we the people who trust it is dictating the price. No matter what governmental regulation will be made but we still trust bitcoin, I think we can surpass that.
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digaran
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January 14, 2017, 06:32:32 AM |
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Motivation, lack of incentive, not enough educated, people often know nothing about even creating an email account, you can't really expect them to hug bitcoin. they will eventually come around and start learning about crypto one way or another. Just a simple example, my father didn't know how to create an email and didn't care to learn until he was asked to provide an address at work, so he came to me to learn and I did teach him how, now you see having a simple email account wasn't important until it was.
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BossMacko
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January 14, 2017, 06:32:47 AM |
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Some people are just too afraid to invest or used Bitcoin because of their past bad experience, example here in Philippines there are many online pyramid, people where eager to join in it at first because of the promises that they are hearing about that pyramid then those online pyramid just run and lots of people are scammed and now they are afraid to participate in any online things again. Those people who was once scammed and tried to used Bitcoin are people who really wants to take RISK. We cannot persuade them to used Bitcoin we can just promote Bitcoin and pray that they'll try it.
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Ipwich
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January 14, 2017, 07:30:00 AM |
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Some people are just too afraid to invest or used Bitcoin because of their past bad experience, example here in Philippines there are many online pyramid, people where eager to join in it at first because of the promises that they are hearing about that pyramid then those online pyramid just run and lots of people are scammed and now they are afraid to participate in any online things again. Those people who was once scammed and tried to used Bitcoin are people who really wants to take RISK. We cannot persuade them to used Bitcoin we can just promote Bitcoin and pray that they'll try it.
Even today scams still on its limelight,many are still hungry of money that they tend to convince somewhat investing to them and can make there money double.Mostly perhaps more than half still use fiat,and not being introduce to the digital use of currency which is the bitcoin.Not everyone have already the knowledge on how to use bitcoin by paying or even investing,but mostly even after how many years past people permanently using fiat instead of bitcoin.
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20kevin20
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January 14, 2017, 07:31:05 AM |
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Some people are just too afraid to invest or used Bitcoin because of their past bad experience, example here in Philippines there are many online pyramid, people where eager to join in it at first because of the promises that they are hearing about that pyramid then those online pyramid just run and lots of people are scammed and now they are afraid to participate in any online things again. Those people who was once scammed and tried to used Bitcoin are people who really wants to take RISK. We cannot persuade them to used Bitcoin we can just promote Bitcoin and pray that they'll try it.
Most people are afraid of investing it because of the constant price bubbles that keep popping up. The price went up too fast in the last month for it not to burst, it haad to go down after sooner or later. I was afraid to put money in it too in 2013 after Christmas when the price fell from $1100 to only a few hundreds. If your currency did the same, I'm sure you would never save up on your currency but change it into a stable one instead. The ones afraid of things like "maybe it's a pyramid scheme" are saying it without even researching a bit about Bitcoin. Come on, we've now all got Google with us, it's easier than ever.
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boybugs18
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January 14, 2017, 08:04:57 AM |
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if they can buy lot of things with bitcoin on their country maybe they will have interest to join the bitcoin community , people will firstly think that why bother to exchange your fiat money to bitcoin when you can buy the goods physically and you can inspect the item to ensure its fine thats why they are not into bitcoin . If the market will grow and more establishments will embrace bitcoin payment maybe we can see drastical increase of bitcoin users worldwide.
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