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Author Topic: The reason why people do not get Bitcoin.  (Read 37534 times)
Natalim
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February 22, 2017, 03:17:03 AM
 #481

Well, most do not get the idea behind blockchain tech and bitcoin. They think it's super advanced and complicated.
Yeah because they don't bother to ask or do research, if there mind is already close for new technology, no matter how you feed a good information they would not accept it. But when time will come that bitcoin will be very popular and we can see there will be more business establishments and even banks will support this payment system, I think we can urge them to follow. With that time happening, we will be getting great profit already as we have invested now.

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February 22, 2017, 07:20:36 AM
 #482

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 of information on social media could be the best to inform people about the new technology especially bitcoin but of course this will need a people who has a better knowledge about it . we can not just increase the number of bitcoin ATM's and the merchants if there are only few people knows bitcoin . if only we are going to have an advertisement of bitcoin on social media and even the mainstream media then there might be many people who will be enlightened .
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February 22, 2017, 07:29:43 AM
 #483

While  bitcoin prices are low, people do not want to use btc as a result of its volatility and when price starts to go to the moon they will not afford to buy any because it will be expensive to acquire and opt for altcoins as a cheaper alternative to bitcoins.
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February 22, 2017, 12:39:28 PM
 #484

Indeed, people are scared, about new ways to spend and invest there money. The main reason why it's happening in my opinion, it's because of small non informative position of political institutes, which should explain people more about different currencies, and the way they work on our environment.
Bitcoin is a new crypto-currency which allows people to save there founds on a different way, plus you invest in to currency which can change a price in a really fast way the same as down or up (depending on market rules). As I said before mostly people are scared to invest on something not familiar for them and new.


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February 22, 2017, 12:47:49 PM
 #485

I think the reason why people don't use Bitcoin is because they don't know what Bitcoin is or they don't know how to use Bitcoin.
If people would know what Bitcoin is and how to use it. They will start getting Bitcoins.
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February 22, 2017, 12:52:25 PM
 #486

I think it should stay the way it is as a secondary currency its nice to have every now and then but honestly to actually have it fully on the currency spot would not be a good idea currently but in my case I don't think it ever will be needed for actual currency.
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February 22, 2017, 12:58:41 PM
 #487

Indeed, people are scared, about new ways to spend and invest there money. The main reason why it's happening in my opinion, it's because of small non informative position of political institutes, which should explain people more about different currencies, and the way they work on our environment.
Bitcoin is a new crypto-currency which allows people to save there founds on a different way, plus you invest in to currency which can change a price in a really fast way the same as down or up (depending on market rules). As I said before mostly people are scared to invest on something not familiar for them and new.
I don't think so, you can have other ways in obtaining Bitcoin for free without the use of your money. From having faucets to signature campaigns, it can save you a lot of bucks for it (in signature campaigns, I mean) . Also the new members are not really confused because of that, because what I know they are misinformed from the start from people luring them to join their HYIPs to people who just want to use their referral code. You see this lead the new members to be misinformed and think that earning Bitcoin can only be that way.

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February 23, 2017, 06:14:21 PM
 #488

While  bitcoin prices are low, people do not want to use btc as a result of its volatility and when price starts to go to the moon they will not afford to buy any because it will be expensive to acquire and opt for altcoins as a cheaper alternative to bitcoins.
The problem is just ignorance about how the economy really works, those afraid of the changing prices of bitcoin and what it can mean for their long term financial well being, are worried because they do not understand that by holding fiat they are invested in fiat and subject to the same issues they accuse bitcoin of having.
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March 08, 2017, 07:53:54 PM
 #489

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 =-


people has a trust issues when it comes to money , thats why dont be shock if they doesnt understand you.they will believe you once they have seen all your progress in real money and gave some too.

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March 09, 2017, 02:08:37 AM
 #490

There are many, many reasons why people don't get Bitcoin or don't believe in bitcoin.
For some of them is difficult to accept that virtual money is future money.
Others don't trust in bitcoin because it's decentralized and without government control.
For some people bitcoin is only possibility for fast profit and they think it will end soon.
How many bitcoin users honestly believe in the bright future of bitcoin?
It's very hard to say.




They do not know how to accept bitcoin is our new currency in the future. Many people doesn't use bitcoin because they knew that this bitcoin will somehow nothing value for them. But they didn't know that this bitcoins is have a high value that can lead them to a progressive life. One more reason why people do not get bitcoin is that they never accept the risk of their investment, they only want it but they do not work for it. Nothing will happen if they didn't learn how bitcoin works they only go with losing and losing eventhough they invest larger amount of money. And they will never earn or gain the specific amount they want. Goodluck Bitcoiners! Smiley



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March 09, 2017, 03:02:59 AM
 #491

Some people many reason why they don't like get bitcoin. Some afraid to invest their money they don't want to lose it and some they think bitcoin is scam, but we can not blame them because that is their faith. But as i observed many risk takers now they become successful to their life. And i want to try it also to become a risk taker.
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March 09, 2017, 03:17:25 AM
 #492

Some people many reason why they don't like get bitcoin. Some afraid to invest their money they don't want to lose it and some they think bitcoin is scam, but we can not blame them because that is their faith. But as i observed many risk takers now they become successful to their life. And i want to try it also to become a risk taker.

I agree that most of the people that doesn't want to get bitcoin because of fear. They are scared to invest in bitcoin because many are articles in google that telling people that don't get into bitcoin, "It's a scam", "it's illegal" and other Fuds that are giving by those people that wants to stop newcomers to get into bitcoin.

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March 09, 2017, 03:23:05 AM
 #493

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 are many reason why some hate bitcoin, maybe the things which I can give is what happens when we put or give information to others they don't get it quickly or understand. Meaning in that factor at once it is bad for them the impact of bitcoin. And I added misinformation maybe the biggest source of bitcoin hate.

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March 09, 2017, 03:26:06 AM
 #494

maybe they really do not understand how bitcoin works and circulate.
Nowaday people want just to be fed by easy to understand info which is hard for bitcoin
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March 09, 2017, 09:39:27 AM
 #495

Most people don't get bitcoin because some of them are not really interested to learn and to know what bitcoin is. And other people easily giving up to studying it but in the end they became impatience to learn it. Meaning they don't have any determination and aggressiveness to learn. 
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March 09, 2017, 09:51:42 AM
 #496

Most of the people still don't know about bitcoin, because it is a online money still some part of this world don't have any internet specialties. If bitcoin become the world currency one other other way all the people will get bitcoin.

 

Not only online currency many people doesn't know the knowledge of this new technology. Only a few people who are making money through online still believe the bitcoin. Even I tried to explain about bitcoin to grandpa, he still says bitcoin is not completely legal currency so stay away from it. Many millions of people still don't believe the bitcoin.
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March 09, 2017, 09:54:53 AM
 #497

Personally for me, I think that the main reason for people not to use Bitcoin is not because of the trading price or volume. I feel that people don't use Bitcoin because they don't get it. I have met a few webmasters online and when I ask them if they accept Bitcoin for advertising on their site, they replied 'no'. When I ask them why, the answer is that they do not understand Bitcoin - despite the fact that they are a webmaster. Another reason is because they do not trust this new technology that involve money.

Volume is one of the reason too but that is only for investors who wishes to earn from this new technology.

So sad! This profile does not appear as the #1 result (on anonymous) Google searches anymore.

Time to be active on the crypto forums again? Proud to be one of the few Legendary members of the Sparkie Red Dot!

Gonna put this on my resume if I ever join a cryptocurrency/blockchain industry!
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March 09, 2017, 10:00:27 AM
 #498

Most people don't get bitcoin because some of them are not really interested to learn and to know what bitcoin is. And other people easily giving up to studying it but in the end they became impatience to learn it. Meaning they don't have any determination and aggressiveness to learn. 

The first problem is not learning but introducing Bitcoin to those who do not know it.  Since people are not rewarded if they introduce Bitcoin, they seldom push the idea of educating other people.  Leaving majority of people around a bitcoin user to not know that Bitcoin exist.  Then there comes learning as what I qouted said.  After learning, FUD strikes the heart of these people who are ignorant of the possible benefits they get if they hop in the bitcoin economy.

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Zadicar
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March 09, 2017, 10:04:22 AM
 #499

Most of the people still don't know about bitcoin, because it is a online money still some part of this world don't have any internet specialties. If bitcoin become the world currency one other other way all the people will get bitcoin.

 

Not only online currency many people doesn't know the knowledge of this new technology. Only a few people who are making money through online still believe the bitcoin. Even I tried to explain about bitcoin to grandpa, he still says bitcoin is not completely legal currency so stay away from it. Many millions of people still don't believe the bitcoin.
Even my parents dont still believe on me if i do try to explain about what is bitcoin but sadly they arent interested since they do only interested on local fiat itself which they know and speaking with other currency they dont have much trust to engage with it.

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March 09, 2017, 10:12:28 AM
 #500

This is a very good topic.
Haven't had any chance of knowing anyone among my closest peers and relatives who knows about it.

I tried to explain the best that I can but they're just giving me blank stares and weird looks as if I was offering MLM schemes. lol
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