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Author Topic: The reason why people do not get Bitcoin.  (Read 37539 times)
PhilPrime
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February 12, 2017, 07:18:56 AM
 #421

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.

You nailed it all. Plus the fact that it is not really easy to get well known. It doesnt have advertisement yet on television or on tabloid. We millennial may have chance of knowing it by browsing on internet only. Were lucky enough that we got a chance to meet bitcoin.

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February 12, 2017, 09:13:21 AM
 #422

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.

You nailed it all. Plus the fact that it is not really easy to get well known. It doesnt have advertisement yet on television or on tabloid. We millennial may have chance of knowing it by browsing on internet only. Were lucky enough that we got a chance to meet bitcoin.
I agree with you that introduced the bitcoin to them is difficulty. We must continue to actively provide knowledge of the Bitcoin with shared of information into social media like Facebook and Twitter. This way I think  is a good way to promote bitcoin to other people.
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February 12, 2017, 09:28:53 PM
 #423

maybe they are thinking that bitcoin is like a scam, or probably lack of knowledge about in bitcoin don't know anything about the features of it. but the truth was it is reversible or opposite of their thinking.
Most of the people who not really know about it thinks it is really a scam or a joke that a huge number of user used it as a online currency. I think they not really know about it and think it is some kind of unsafe method. Only after some time I guess they will realize their mistakes of ignoring it.
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February 12, 2017, 10:23:04 PM
 #424

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.

You nailed it all. Plus the fact that it is not really easy to get well known. It doesnt have advertisement yet on television or on tabloid. We millennial may have chance of knowing it by browsing on internet only. Were lucky enough that we got a chance to meet bitcoin.
I agree with you that introduced the bitcoin to them is difficulty. We must continue to actively provide knowledge of the Bitcoin with shared of information into social media like Facebook and Twitter. This way I think  is a good way to promote bitcoin to other people.
although social media is a good way of introducing some thing. but convincing a person for adopting some thing is a little difficult, to me if you want to convince a person for trading so you need to have good knowledge about that product and have good material to convince a person about bitcoin.
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February 13, 2017, 01:55:32 AM
 #425

I think they just dont get how Bitcoin is being a chance of fortune to us guys are. They dont know what theyre price are and they will not know it unless someone tell them the reason why many people want to earn them. Its price now is in 1000$ and it is really cool that it has a high price.
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February 13, 2017, 02:01:09 AM
 #426

Some goverment forbid bitcoin usage since bitcoin can be use for terorism activity. If goverment forbid bitcoin then goverment blocking bitcoin existence for people in some country. That's why there are still many people still didn't know about bitcoin !

So for who has know bitcoin, we must put major effort for promoting bitcoin
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February 13, 2017, 02:13:54 AM
 #427

So for who has know bitcoin, we must put major effort for promoting bitcoin
Just sit on your chair and look at the Venezuela. The economy crisis was running on his country already make good advantages for bitcoin. Every country with high inflation will be able to adopt bitcoin asap.

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February 13, 2017, 03:09:27 AM
 #428

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.

I don't think these reasons can stop people to use bitcoin,. bitcoin can be ban but bitcoin is an online currency. I don't know how government ban bitcoin. user can use a proxy to access to bitcoin related sites again.
your 2nd and 3rd points are could be valid. and it is our responsibility to spread the word in whole world to make everyone aware of bitcoin.
and converting bitcoin should not be an issue. I also have difficulties to withdraw bitcoin in my country but I still use bitcoin. I'll convert my bitcoin to Paypal or other source and than withdraw to me. it is that simple.

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February 13, 2017, 03:34:42 AM
 #429

We just have to be patient with it, it will gain popularity over time. I think the problem is most people cant fathom not having a tangible currency that they can hold. I think we'll look back one day in the future and reminisce on the times when bitcoin wasn't as wide-spread as it's bound to be in the upcoming future.
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February 13, 2017, 04:43:45 AM
 #430

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.

You nailed it all. Plus the fact that it is not really easy to get well known. It doesnt have advertisement yet on television or on tabloid. We millennial may have chance of knowing it by browsing on internet only. Were lucky enough that we got a chance to meet bitcoin.
I agree with you that introduced the bitcoin to them is difficulty. We must continue to actively provide knowledge of the Bitcoin with shared of information into social media like Facebook and Twitter. This way I think  is a good way to promote bitcoin to other people.
although social media is a good way of introducing some thing. but convincing a person for adopting some thing is a little difficult, to me if you want to convince a person for trading so you need to have good knowledge about that product and have good material to convince a person about bitcoin.
Most of people play each of his social media account just for the sheer fun not to learn how to earn money from the internet.
It makes the time us be wasted, not produce anything except just pleasure.
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February 13, 2017, 10:02:44 AM
 #431

Well said maybe you are right about it,
But I think other people do not get bitcoin cause they don't really trust it I mean I told my friends about it and they just think about this bitcoin as a scam that it doesn't really worth anything.

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February 13, 2017, 11:16:49 AM
 #432

Well said maybe you are right about it,
But I think other people do not get bitcoin cause they don't really trust it I mean I told my friends about it and they just think about this bitcoin as a scam that it doesn't really worth anything.

That is the major problem with the people as they don't have faith in new and innovative things and start thinking negative about it that it will not survive in long term which will result in loss for them but if we educate them in a proper way then scenario can be changed and we may see more users start using bitcoin in near future.

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February 13, 2017, 01:03:10 PM
 #433

Well said maybe you are right about it,
But I think other people do not get bitcoin cause they don't really trust it I mean I told my friends about it and they just think about this bitcoin as a scam that it doesn't really worth anything.

That is the major problem with the people as they don't have faith in new and innovative things and start thinking negative about it that it will not survive in long term which will result in loss for them but if we educate them in a proper way then scenario can be changed and we may see more users start using bitcoin in near future.
They need to be educated first before we can expect them to trust bitcoin, for now, only those people who are active online has the idea about bitcoin and until such time when the government will support bitcoin and more establishment will be using it then this people will be confident to adopt. For now, we just have to continue supporting bitcoin and expect the progress will grow overtime until we reach a massive adoption.

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February 14, 2017, 04:41:26 PM
 #434

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.
The price has started to rise again but I do not know if that is a good enough reason to buy some bitcoin right now since the price it is very high, if it gets any higher then it could be a good idea to consolidate some profits and if it gets lower it may be a good idea to buy some more bitcoin.
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February 14, 2017, 06:07:13 PM
 #435

maybe they are thinking that bitcoin is like a scam, or probably lack of knowledge about in bitcoin don't know anything about the features of it. but the truth was it is reversible or opposite of their thinking.
Most of the people who not really know about it thinks it is really a scam or a joke that a huge number of user used it as a online currency. I think they not really know about it and think it is some kind of unsafe method. Only after some time I guess they will realize their mistakes of ignoring it.
i think these people do not have knowledge about bitcoin and only that can be reason otherwise there is no reason not to believe on bitcoin. i think once they will use bitcoi they will become addicted to it and must start using bitcoin.
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February 14, 2017, 07:40:22 PM
 #436

maybe they are thinking that bitcoin is like a scam, or probably lack of knowledge about in bitcoin don't know anything about the features of it. but the truth was it is reversible or opposite of their thinking.
Most of the people who not really know about it thinks it is really a scam or a joke that a huge number of user used it as a online currency. I think they not really know about it and think it is some kind of unsafe method. Only after some time I guess they will realize their mistakes of ignoring it.
i think these people do not have knowledge about bitcoin and only that can be reason otherwise there is no reason not to believe on bitcoin. i think once they will use bitcoi they will become addicted to it and must start using bitcoin.
now the question is how to make them use bitcoin? I think it is hard to get a new person into bitcoin. and give him interest about bitcoin.. but as you said if once a person get entered into bitcoin he'll probably loose,

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February 14, 2017, 07:45:15 PM
 #437

Very clever and though provoking post. People are afraid of what is different and this is why prejudice like racism and sexism ect exist.
It is the same thing. Slaves let fear rule their lives. Most people live with regret dont be one of them. Leaders conquer fear.

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February 14, 2017, 08:54:15 PM
 #438

They are hearing the music, but we are in a Pavlov scheme, where they are told again and again that this music is ridiculous and bad for them. The intense propaganda against Bitcoin is the root of the problems.
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February 16, 2017, 10:02:04 AM
 #439

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.

I think that you're right, the reason why people don't get Bitcoin is because they don't know about Bitcoin.
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February 16, 2017, 10:51:02 AM
 #440

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.

I think that you're right, the reason why people don't get Bitcoin is because they don't know about Bitcoin.

The same situation here in my country. Its really hard to see that bitcoin will be used for each of our countries. And the most popular reason why people are not getting bitcoin is ignorance. That's the sad fact about our society and there are some that thinks it is a sort of scam and illegal so they don't want to get involved.
Ignorance would depend on what kind of persons do have on those places because there are people who met bitcoin and doesnt put any interest at all then they could really be consider as an ignorant Smiley but for those people who havent met bitcoin at all because of many things who block it.

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