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Author Topic: The reason why people do not get Bitcoin.  (Read 37541 times)
crairezx20
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March 12, 2017, 10:57:40 PM
 #541

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.
I think the main thing here is to be interested in bitcoin. If you are interested, at least as in a way of money making, you will find a lot of necessary and easy talked information on the internet. If there is no interest bitcoin will look just like a scam or new form of financial pyramid to people.

If a person have never heard about bitcoins then how can you expect that they would be knowing that they can earn money with bitcoins and even if they come across through bitcoins they will simply ignore it as they don't know to use it or how to earn it unless we don't educate them and show them the basics of getting into bitcoins and if we manage to do that then there is no doubt that they will start using bitcoins.

It is correct that until they dont know about what is bitcoin and how it works we cannot expect them knowing about bitcoin but what is important is that they should be knowledgeable about internet and some technical ways. Because i have tried to introduce Bitcoin to lot of persons but no one was believing me, even i have told all my friends circle about how i am earning through bitcoin some months back but how as i am earning good and that they can see now they are believing it and now they are also taking interest it in.

Even I tried my best to explain it to my friends but none of them were interested in knowing or investing money in bitcoins I even told them that they can earn good extra money from it and they started laughing at me and that day I decided that I will never waste my valuable time behind them and instead I will invest that time in earning bitcoins and I am pretty sure that I will be having a last laugh in future.
Its the same happen to me when i was convincing my friends but few of them are interested but most of them are not interested..
Because they are not really know exactly what is bitcoin is.. or they are just afraid to be scam this is the most reason that i heard from them.. but its already proven by me that its not scam if you are smart what site you are investing.
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March 12, 2017, 11:40:01 PM
 #542

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 =-
I cannot agree more with what you have posted and the guy who said that statement. The problem though here is that who would and why would promote bitcoins ? Because see it's a decentralized currency and hence no one is gonna spend their own money for the benefit of all. The only way I see this being solved is by raising crowdfunding.
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March 13, 2017, 07:12:28 AM
 #543

I think why the did not get bitcoin because they don't know how to use and they most use the bank account or credit card because thehy think that they money are safe because it have security than  bitcoin.
Can't argue that by using services which are offered by banks are definitely safer because it also has an insurance and some kind of it but, it's not safe from the government, the government itself could just seize your money just by freezing your bank account whereas with bitcoin it's definitely impossible unless they have access into your account. If you're kinda good citizen then you're fine.

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March 13, 2017, 09:57:21 AM
 #544

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.

Yep, that's the sad fact about people that don't want to use bitcoin. They are preferring to stay away from it because they don't have appetite on taking and using it. Plus those FUD and misinformation that are brought by media and with different articles throughout the internet that spreads lies about bitcoin, so they can't really get into it.

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March 13, 2017, 11:04:05 AM
 #545

Some people are still not very familiar with Bitcoins, they are not sure is it legitimate to use it, they don't know where or how to buy it or how to earn it. To majority people here on forum these are normal things but outside this world when I mention Bitcoins to some people they look at me with complete confusion. Bitcoin still misses the good promotion.

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March 13, 2017, 11:25:45 AM
 #546

Most people all around the world were only focus on how they would earn money. Putting all their efforts in their job to get fiat money. This is because they are not aware about bitcoin. The information they know was only limited and sometimes nothing at all. And also some of them are doubting about the legality of bitcoin. These things needs us to raise awareness about bitcoin.
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March 13, 2017, 11:28:50 AM
 #547

For me I think the reason is people do not get bitcoin is because the bitcoin is not user friendly. In my first time I am very confuse because I didn't know what wallet address is. So it takes week for me to get the full knowledge how to use bitcoin. I think that is the no.1 reason bitcoin is not user friendly.
You are a bit right there though once user learns about it, bitcoins is indeed the simplest form of payment.

Actually there are so many technical aspects that if a newbie enters in this bitcoins world he gets confused and even if he just don't think much and accept payments then critical cases like double spends would happen with them and making them believe that Bitcoins scammed them though it is not true.

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March 13, 2017, 01:19:00 PM
 #548

I think why the did not get bitcoin because they don't know how to use and they most use the bank account or credit card because thehy think that they money are safe because it have security than  bitcoin.

That's the first thing, they don't know how to use bitcoin and they don't really know what bitcoin is. And they don't even intend to use it because they are already satisfied upon using the banks services that's why those people that aren't into bitcoin are losing a lot of opportunity with bitcoin because they are missing big potential profit.

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March 13, 2017, 01:48:43 PM
 #549

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.

Lack of knowledge maybe one factor but for me is the high price of bitcoin which dont let new people jump in so easily. If you are not sure of the stability of a currency, you will never spent a 1000$ or more to get a single bitcoin.
Only those people invest who are already in bitcoin and knows the up and downs of its and know how to get profit from this.

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March 13, 2017, 01:56:48 PM
 #550

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.

Lack of knowledge maybe one factor but for me is the high price of bitcoin which dont let new people jump in so easily. If you are not sure of the stability of a currency, you will never spent a 1000$ or more to get a single bitcoin.
Only those people invest who are already in bitcoin and knows the up and downs of its and know how to get profit from this.

Price volatility is one of the reason for people not getting into bitcoins as first of all its totally new concept for them and the other is they have fear of loosing their money and that is the reason they hesitate in investing their money in bitcoins and people who are not a risk taker will prefer to stay away from and will find some other places to invest their money.
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March 13, 2017, 02:08:24 PM
 #551

I think why the did not get bitcoin because they don't know how to use and they most use the bank account or credit card because thehy think that they money are safe because it have security than  bitcoin.

That's the first thing, they don't know how to use bitcoin and they don't really know what bitcoin is. And they don't even intend to use it because they are already satisfied upon using the banks services that's why those people that aren't into bitcoin are losing a lot of opportunity with bitcoin because they are missing big potential profit.
I don't think that is related on why is Bitcoin not being use by the people. I don't think that Banks are the main issue here when it comes to understanding Bitcoin. Right now even if Bitcoin existed for many years the majority of the population does not know or ever heard the word Bitcoin or anything about the cryptocurreny, give it time to grow many people will surely adopt Bitcoin.
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March 13, 2017, 02:20:25 PM
 #552

I think why the did not get bitcoin because they don't know how to use and they most use the bank account or credit card because thehy think that they money are safe because it have security than  bitcoin.

That's the first thing, they don't know how to use bitcoin and they don't really know what bitcoin is. And they don't even intend to use it because they are already satisfied upon using the banks services that's why those people that aren't into bitcoin are losing a lot of opportunity with bitcoin because they are missing big potential profit.
I don't think that is related on why is Bitcoin not being use by the people. I don't think that Banks are the main issue here when it comes to understanding Bitcoin. Right now even if Bitcoin existed for many years the majority of the population does not know or ever heard the word Bitcoin or anything about the cryptocurreny, give it time to grow many people will surely adopt Bitcoin.

Yeah its just a matter of time and we will see more people adopting bitcoins in future when they will see wide acceptance of bitcoin at online as well as offline places and that will make them curious to know about bitcoins as the popularity of bitcoin is limited at a moment and have not reached everywhere yet but things will change in future for sure.

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March 13, 2017, 05:10:26 PM
 #553

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.
I think the main thing here is to be interested in bitcoin. If you are interested, at least as in a way of money making, you will find a lot of necessary and easy talked information on the internet. If there is no interest bitcoin will look just like a scam or new form of financial pyramid to people.
No, it is not that simple and straight. You wan't to earn a lot of money yet you would never put hands in something that you never heard of and are unaware how it works. I have seen a few videos on youtube and they have been excellent in explaining bitcoins. Maybe of the rich guys here who earn via this forum should take the initiative and promote bitcoins more and more ?
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March 13, 2017, 05:39:01 PM
 #554

 Bitcoin should not be shown ahead as a get rich quick scheme, but should instead be shown as a way of conducting finance smoothly.

yeah! this will make it appear like those unreliably,insecure on line trades.
More so, people do not get it as a reflection of imbalanced literacy rate, innovation and technological advancement.

Many are simply okay with the fiat currency.
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March 13, 2017, 06:12:11 PM
 #555

Bitcoin should not be shown ahead as a get rich quick scheme, but should instead be shown as a way of conducting finance smoothly.

Definitely this is one of the major reason why people do not get Bitcoin.  Those who have a past experience of getting scammed because of the get rich scheme scam company would definitely avoid bitcoin like a plague if it is introduced as such.  Actually there are lots of company that do this kind of stuff.

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March 13, 2017, 07:25:31 PM
 #556

Bitcoin should not be shown ahead as a get rich quick scheme, but should instead be shown as a way of conducting finance smoothly.

Definitely this is one of the major reason why people do not get Bitcoin.  Those who have a past experience of getting scammed because of the get rich scheme scam company would definitely avoid bitcoin like a plague if it is introduced as such.  Actually there are lots of company that do this kind of stuff.



If people have got scammed in the past then they cannot simply blame bitcoin for that as it was their greedy nature which made them to invest their money in some unrealistic projects with unrealistic results and if they would have done some research before investing then they would surely come to know that its not an legit place to make an investment and they would get nothing in return.

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March 13, 2017, 11:28:37 PM
 #557

The reasons why people do not get bitcoin because they dont know what it is. Even here in my country they doesnt know whats the use of bitcoin. That it can help them as extra income. So, there is a need to introduce bitcoin to people of what its use. By this, they will get bitcoin anytime.

Exactly, lack of awareness is the reason why people doesn't know and don't want to get bitcoin. They don't know that this is a very reliable investment and they can get good profit upon investing here. Also another thing they don't know that this is good for buying goods and services online and use it for paying those things as currency.
yes most of the people do not have good knowledge about bitcoin and therefore they are not giving preference to bitcoin.

Lack of knowledge maybe one factor but for me is the high price of bitcoin which dont let new people jump in so easily. If you are not sure of the stability of a currency, you will never spent a 1000$ or more to get a single bitcoin.
Only those people invest who are already in bitcoin and knows the up and downs of its and know how to get profit from this.

The high price of bitcoin is another reason why there are people that doesn't want to use and try bitcoin. You are right with it the partner of lack of knowledge is they are seeing it very high and they don't know what will be the result of investment. Well if I'm a newbie, I'll don't get myself with $1k+ and just invest it immediately.

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March 13, 2017, 11:57:02 PM
 #558

I guess the main reason why people don't get bitcoin or doesn't have to get it is because they are scared about it. There are a lot of humors that are coming out especially with medias and government warnings that don't ever try to get into it. They are making the people believe that this is a real medium for illegal thing which is fact but they are not seeing the lighter side of it.

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March 14, 2017, 12:39:34 AM
 #559

I guess the main reason why people don't get bitcoin or doesn't have to get it is because they are scared about it. There are a lot of humors that are coming out especially with medias and government warnings that don't ever try to get into it. They are making the people believe that this is a real medium for illegal thing which is fact but they are not seeing the lighter side of it.
Agree and also they do not see any physical money that is why their mind to bitcoin is very negative specially for those people who are not aware in digital currency they are not interested even they have time to work for it.

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March 14, 2017, 12:53:03 AM
 #560

I'm still less informed on this matter; for me i only know of three ways to earn bitcoin. 1 is with the bitcointalk signature campaign; 2 is with some gambling site that provides a free coin to be able to roll. 3 is selling or trading items on Paxful; i'm really unsure how you guys get it so smoothly. If theres a better option please advise.

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