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Author Topic: The reason why people do not get Bitcoin.  (Read 37487 times)
Japinat
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February 11, 2017, 06:39:35 AM
 #401

One reason why people do not get bitcoin is lack of knowledge..., and they are not interested.... Here in our place most of my friends are interested about btc... We still need to educate people here for btc is not that popular in our place.... Discussions and seminars would be a great start... Hopefully more people involving bitcoin would organize events, seminars discussing about bitcoin, crypto currency, blockchain ect...
I have no doubt that these events could help to increase the knowledge of the bitcoin ecosystem on the world, but this would not ensure that all that informed people would be interested in investing their money in acquiring bitcoins because there are great sectors of population that are not interested in technology. Perhaps the first step would be to inform them about the interesting possibilities that new technologies offers to improve our economy, where bitcoin is only one of the multiple options.
Everyone who are interested with bitcoin can adopt but not necessarily they are investors, only few who have the mentality to invest that is why we see the circulation of bitcoin is increasing. We spend and we hold but what matters is we will encourage more people to spend to create demand which would result to price increase.
If we look at, the user of Bitcoin continues to increase every years,
this means many people who understand and accept this digital currency.
And it can create a bitcoin will be better in the future.
Even now, bitcoin price is high and people is noticing it and getting curious with bitcoin then they start trying to use it. Bitcoin is very promising crytocurrency. Some countries starting to accept it and make bitcoin a legal payment method.
We are back, the price started to rise again and that is good signal to buy. Right now, we are in $1,000 again and I pity those who panic during the price fall back. As if they are not here before, it has happened in the past and the trend will continue. If they will not adopt with bitcoin, they will not get the benefit of investing now, money is easy here if you take bigger risk and you are educated on what you are doing.

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February 11, 2017, 09:23:27 AM
 #402

probably one of the factors they do not want to lose their money and are still afraid to hold bitcoin, when they really liked it bitcoin they will buy and hold, but it's good they also need to know about bitcoin and how to get it free to start it, at least dancing together is a good thing

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February 11, 2017, 09:57:04 AM
 #403

probably one of the factors they do not want to lose their money and are still afraid to hold bitcoin, when they really liked it bitcoin they will buy and hold, but it's good they also need to know about bitcoin and how to get it free to start it, at least dancing together is a good thing


The fact is bitcoin is still very new to most of the people and they don't know how to use it or earn it and that is the reason they prefer to stay away from it as they have fear of loosing their investments as the life of bitcoin is unpredictable so they hesitate in getting into bitcoins.

Bitcoin is gonna hit 100K usd
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February 11, 2017, 10:11:35 AM
 #404

probably one of the factors they do not want to lose their money and are still afraid to hold bitcoin, when they really liked it bitcoin they will buy and hold, but it's good they also need to know about bitcoin and how to get it free to start it, at least dancing together is a good thing

I have seen this fear at my father, because he prefers (probably like everyone else) to have real, existing (physically) money and not virtual one. I mean, is it better to have something online than on paper? This is what he thinks, and he prefers to go for precious metals. I convinced him to buy cryptocurrencies and he did, and he is saving some right now. But too many people are afraid to go for it.

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February 11, 2017, 10:15:12 AM
 #405

People are not getting bitcoin because others doesnt know what is bitcoin. Here in my country, not all are aware of bitcoin. Maybe, their is a need of introducing bitcoin to other people on how to use it. The reason why are others have limited knowledge of bitcoin.
yes today there are still many people who do not realize bitcoin. they are too busy using real money so they could not see the advantages of bitcoin. whereas when compared bitcoin has various features that is extraordinary. they are the losers.
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February 11, 2017, 10:18:58 AM
 #406

Mate, we cannot blame those people, maybe it is their choice not to choose bitcoin nor use it or even other crypto currencies. And one more thing is maybe bitcoin was not introduced to them, anyway, at first sound of bitcoin it sounds like a scam thing to make money out of computer, but then, once the bitcoin introduced properly and even in good ways of its advantages and so I guess users will increase and might be doubled the volume of it so we can dance with it with the smile, and it all affect the price value. Proper introduction is much needed.
We know that all of the bitcoin users have the trust in bitcoin, if all people knows how to handle bitcoin, people will have the trust for bitcoin. We should introduce bitcoin, as I see, bitcoin users only uses it, but, they cannot promote them, o we are not in the proper way to advertise bitcoins. Bitcoins can be a good way for new technology, and its advantage is paperless money for us.
Of course, we should believe in bitcoin, it will be the future of crypto currency and we will become a big community in the future as the economy keeps progressing.

As for now, people who knows bitcoin are those only people who are active online and are willing take risk just to bet on the future of bitcoin. We believe and we risk our money on it, thus, we should be helping spreading the awareness to the people especially to those we think who needed it.
I agree with you. But believing in Bitcoin is very hard to me since I have noticed that Bitcoin still exists many disadvantages which can not be fixed. If you want to fix these problems, The only way is to replaced Bitcoin by another altcoin which is stronger and more effective. Well, we have to wait for the future to decide which cryptos are better than Bitcoin





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delliaerd
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February 11, 2017, 10:28:34 AM
 #407

People are not getting bitcoin because others doesnt know what is bitcoin. Here in my country, not all are aware of bitcoin. Maybe, their is a need of introducing bitcoin to other people on how to use it. The reason why are others have limited knowledge of bitcoin.
yes today there are still many people who do not realize bitcoin. they are too busy using real money so they could not see the advantages of bitcoin. whereas when compared bitcoin has various features that is extraordinary. they are the losers.

I couldn't agree more with you . Most people in developing countries is lack of knowledge about Bitcoin part them are do not know any thing about Bitcoin.
I have also seen people around me that they assume if Bitcoin was dust. And they are afraid to lose if when they get in to Bitcoin

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February 11, 2017, 10:48:43 AM
 #408

The reason why people do not get bitcoin is because they are lazy and they are just waiting for their bitcoin and that is impossible because in bitcoin there is a saying that no work no pay, meaning if you don't work hard in the first place then you will not have bitcoin or money in the end of the day. So stop being lazy and just work hard and after a few months you can see that your money now is working for you.

I think you got the wrong idea of what OP is tying to say, I think the word get here means is to not understand, some people will actually not gonna understand how bitcoin works and there are tons of people that are just like that, even if you have tried so hard to explained what, and how bitcoin works nothing will come in there heads, I think the lack of education is a one thing that some people would never really understand bitcoin is.

i think he has the point. being lazy will not work you in bitcoin. every bitcoin needs effort to earn. even if you are in investment. there is no guarantee that you will earn. you are making effort to invest your worked coins so investment still has an effort for you. being lazy is the main reason for not earning money. is you are lazy to educate yourself its just the same.

Yeah has the point that being lazy you can not truly earn bitcoin but he can be right if that would be this threads topic, and OP has put this qoute "And those who were seen dancing were thought to be  insane by those who could not hear the

music."


Other people could not hear the music because them have a close thought over it or they can not understand it and I think there are still many people out there don't really hear the music of how bitcoin really work.
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February 11, 2017, 10:57:08 AM
 #409

People are not getting bitcoin because others doesnt know what is bitcoin. Here in my country, not all are aware of bitcoin. Maybe, their is a need of introducing bitcoin to other people on how to use it. The reason why are others have limited knowledge of bitcoin.
yes today there are still many people who do not realize bitcoin. they are too busy using real money so they could not see the advantages of bitcoin. whereas when compared bitcoin has various features that is extraordinary. they are the losers.

I couldn't agree more with you . Most people in developing countries is lack of knowledge about Bitcoin part them are do not know any thing about Bitcoin.
I have also seen people around me that they assume if Bitcoin was dust. And they are afraid to lose if when they get in to Bitcoin

That's right and in developing countries people also don't have to access to internet or might lack knowledge so in that case we cannot expect them to use bitcoins and they will prefer to use paper money as it is easy to use and easy to get and there are many people who have not even heard about bitcoin yet.
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February 11, 2017, 11:14:31 AM
 #410

it is hard to explain why people do not accept Bitcoin. but the first thing we need to talk to, it is the understanding of the people. they do not seem interested in Bitcoin, so they can not understand the benefits of it. And worse, they only read what is harmful from Bitcoin, which makes them feel hate Bitcoin. They see it as something illegal. All of us here, who are interested in Bitcoin, we see the benefits of it, which is why we're here
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February 11, 2017, 12:10:23 PM
 #411

it is hard to explain why people do not accept Bitcoin. but the first thing we need to talk to, it is the understanding of the people. they do not seem interested in Bitcoin, so they can not understand the benefits of it. And worse, they only read what is harmful from Bitcoin, which makes them feel hate Bitcoin. They see it as something illegal. All of us here, who are interested in Bitcoin, we see the benefits of it, which is why we're here

Bitcoin holds negative image in the minds of the people as media is busy is spreading negative rumors about bitcoins and people gets carried away with those news instead of knowing the reality as they have a feeling that bitcoin is used only for illegal activities by the criminals and are not focusing on the positives of bitcoins.
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February 11, 2017, 12:15:57 PM
 #412

it is hard to explain why people do not accept Bitcoin. but the first thing we need to talk to, it is the understanding of the people. they do not seem interested in Bitcoin, so they can not understand the benefits of it. And worse, they only read what is harmful from Bitcoin, which makes them feel hate Bitcoin. They see it as something illegal. All of us here, who are interested in Bitcoin, we see the benefits of it, which is why we're here

the problem is not with how we explain bitcoin, it is with how bitcoin is used. we keep talking about the benefits of using bitcoin and all the features that bitcoin has. but in the end what people see happening in the reality is the price and nothing else. and as far as price goes they always look at the short term price changes so they figure it is not a good thing because of the volatility.

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February 11, 2017, 01:41:07 PM
 #413

it is hard to explain why people do not accept Bitcoin. but the first thing we need to talk to, it is the understanding of the people. they do not seem interested in Bitcoin, so they can not understand the benefits of it. And worse, they only read what is harmful from Bitcoin, which makes them feel hate Bitcoin. They see it as something illegal. All of us here, who are interested in Bitcoin, we see the benefits of it, which is why we're here

the problem is not with how we explain bitcoin, it is with how bitcoin is used. we keep talking about the benefits of using bitcoin and all the features that bitcoin has. but in the end what people see happening in the reality is the price and nothing else. and as far as price goes they always look at the short term price changes so they figure it is not a good thing because of the volatility.

Different people thinks differently someone would view price volatility as an opportunity to make regular profits whereas some will view them as a threat of loosing their money in it  but if we look at the overall growth and development of bitcoins then they will surely start adopting bitcoin as a currency and also as an investment.
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February 11, 2017, 07:23:59 PM
 #414

People don't get Bitcoin it is because no knowledge at all about in bitcoin/crypto currency. They don't know the features behind it, also the advantages too, due to if they just know, well for sure there the first one who will gonna buy bitcoin.
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February 11, 2017, 09:59:12 PM
 #415

The reason why people do not get bitcoin? Just because they weren't already know
what a bitcoin is, they have no idea about the bitcoin. Maybe some countries banned the bitcoin or
they're not introduced the use of bitcoins. That is the possibilities the reason why some people do not get the bitcoin.

Yes,I guess that is one of the factor why not bitcoin is not taken by some people even though we can see its advantages to us, not being introduce by others.
But there are some points aside from that, another is maybe they do not really want to include theirselves on bitcoin industry which we cannot blame to them if so.
I am not so sure about this, because the mere knowledge of something is not enough to generate the need for use it. For instance, there are many people that are well informed about PayPal but they are not using it because most people still prefer to carry out their transactions with cash, and I think something similar occurs with bitcoin: its mere knowledge and comprehension is not enough to be interested in its incorporation to your lifestyle.

beside that, many people which have using bitcoin for join in other programs and get scam will said that bitcoin, in the end will scam you so this makes other people don't want to use bitcoin because a few information that they can get. it seem that people not yet receive a good knowledge in bitcoin and they only think that bitcoin is not good for them.
Well, that's what I experienced when my friend asked to me what is bitcoin, however when I explained, he still didn't want to accept my explanation. He remained of the opinion that this Bitcoin is a Online business like MMM which will be ending the SCAM.
Then, stop trying to explain bitcoin to him, a person that ask for an explanation and then does not listen it is not worth your time, just wait until bitcoin skyrockets and you profit from it and then your friend laments the fact he did not listen to you and then tell him, I told you so.
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February 11, 2017, 11:38:48 PM
 #416

probably one of the factors they do not want to lose their money and are still afraid to hold bitcoin, when they really liked it bitcoin they will buy and hold, but it's good they also need to know about bitcoin and how to get it free to start it, at least dancing together is a good thing

in fact the only major reason can be that people do not know about bitcoin and once they will aware of bitcoin the themselves will start using bitcoin, because in present time bitcoin is the only best way of earning money.
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February 12, 2017, 12:15:24 AM
 #417

it is hard to explain why people do not accept Bitcoin. but the first thing we need to talk to, it is the understanding of the people. they do not seem interested in Bitcoin, so they can not understand the benefits of it. And worse, they only read what is harmful from Bitcoin, which makes them feel hate Bitcoin. They see it as something illegal. All of us here, who are interested in Bitcoin, we see the benefits of it, which is why we're here
So you must see all of the countries with the inflation problem and mostly of their civilians will be trying to adopting bitcoin.

They will care at the urgent moments.  Cheesy

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February 12, 2017, 04:04:09 AM
 #418

One reason why people do not get bitcoin is lack of knowledge..., and they are not interested.... Here in our place most of my friends are interested about btc... We still need to educate people here for btc is not that popular in our place.... Discussions and seminars would be a great start... Hopefully more people involving bitcoin would organize events, seminars discussing about bitcoin, crypto currency, blockchain ect...
I have no doubt that these events could help to increase the knowledge of the bitcoin ecosystem on the world, but this would not ensure that all that informed people would be interested in investing their money in acquiring bitcoins because there are great sectors of population that are not interested in technology. Perhaps the first step would be to inform them about the interesting possibilities that new technologies offers to improve our economy, where bitcoin is only one of the multiple options.
Everyone who are interested with bitcoin can adopt but not necessarily they are investors, only few who have the mentality to invest that is why we see the circulation of bitcoin is increasing. We spend and we hold but what matters is we will encourage more people to spend to create demand which would result to price increase.
If we look at, the user of Bitcoin continues to increase every years,
this means many people who understand and accept this digital currency.
And it can create a bitcoin will be better in the future.
Even now, bitcoin price is high and people is noticing it and getting curious with bitcoin then they start trying to use it. Bitcoin is very promising crytocurrency. Some countries starting to accept it and make bitcoin a legal payment method.
Bitcoin price is increasing and most new comers to bitcoin right now is not the rich one, so now with the increased price intermediate earning people are learning and trying to earn but everyone can't afford such a big price. So at least buying a little portion and holding helps earn good for the future.

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February 12, 2017, 06:37:16 AM
 #419

Price of bitcoin is high fluctuating the people are afraid put the money into bitcoin,
also usage bitcoin to payment method on daily transaction is still difficult.
Not many stores accepted bitcoin on their stores include in my country,
bitcoin be considered something strange because they don't understand about it.
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February 12, 2017, 07:14:52 AM
 #420

There are many reasons why some people don't get or have bitcoin yet. These are:
-Bitcoin is banned in their country.
-They don't know what it really is and how to use it.
-They are not tech savy.
-Converting bitcoin to fiat in their country is very difficult.
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