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Author Topic: The reason why people do not get Bitcoin.  (Read 37487 times)
danherbias07
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March 14, 2017, 07:06:58 PM
 #581

Art is how we decorate space. Music is how we decorate time.
--This is the quote I've read years ago. Some people are more convinced when they are witnessing, feeling, seeing something. Especially when it comes to money convincing people based on what they've heard is hard these days. We are decorated by the products of paper money nowadays. We can buy anything if we have lots of it. Just like music Bitcoin travels in spectrum. You can't see it but you know that it's there. But music has many kinds of categories metal, hard metal, country etc. And I think these categories are the misconceptions we thought about Bitcoin. Bitcoin is versatile it is up to us on how we will use it, same as music. But I know for sure is that like music it produces sound. We can't blame them because I know that they are hearing the sound. A calling that we might ignore or accept. All we have to do is listen.

Correct.
That is why it needs faith. If you dont have one it gets hard to listen to it and you will not know that it does exist.
Tradition killed the imagination of people. The saying "to see is to believe" added a bad habit to it. To feel something just to prove it exist will not be taken away to their belief but it does need to change.
Now that internet exist how can they even explain everything. They have been doing messages with social media and yet they don't really feel that but they believe it is happening and one person is on the other side.
Bitcoin is just the same as that cannot be seen but there is something there.

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March 14, 2017, 07:31:26 PM
 #582

I talked with many people about bitcoin.
Some people, usually younger, understood very fast.
Others, without much Internet experience, or elderly, was very skeptic about it, in the beginning.
It's hard for them to understand concept of virtual money.
It's better to start from basic things and don't go to much to the details, otherwise you confuse them.



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March 14, 2017, 08:09:28 PM
 #583

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 in most of the areas and specially in back ward countries bitcoin is still not so much introduce, they do not know about bitcoin, i think they need a proper knowledge about bitcoin and after that they can start using bitcoin and will start getting benefit from bitcoin. i think it is our duty to introduce bitcoin in such area so that bitcoin become more and more confident and reliable.
Yes it's true because bitcoins have a quite complicated system which even me after being many years into bitcoins haven't understood completely, maybe because I never mined much of bitcoins.

And the fact is that people don't have the time to read long pages of wikipedia. And there is a misconception going on that bitcoins is a gambling currency.
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March 14, 2017, 08:33:40 PM
 #584

Well, I think it very easy to get bitcoin, even people who are very easy to get if they join the site faucet. Well, I think it's very easy to get bitcoin although it was only in small quantities. Most people give up before trying, so it's normal if they do not get bitcoin.
yes no doubt that it is really very easy to get bitcoin, but in fact there are still so many areas where people do not know about bitcoin, and that is the reason that they are not putting trust on it. hope that when they will know about bitcoin then the will better understand the situation and will start taking interest in bitcoin.
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March 15, 2017, 09:52:53 AM
 #585

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 in most of the areas and specially in back ward countries bitcoin is still not so much introduce, they do not know about bitcoin, i think they need a proper knowledge about bitcoin and after that they can start using bitcoin and will start getting benefit from bitcoin. i think it is our duty to introduce bitcoin in such area so that bitcoin become more and more confident and reliable.
Yes it's true because bitcoins have a quite complicated system which even me after being many years into bitcoins haven't understood completely, maybe because I never mined much of bitcoins.

And the fact is that people don't have the time to read long pages of wikipedia. And there is a misconception going on that bitcoins is a gambling currency.

For me the reason why people do not get bitcoin because of it's interest. If a person doesn't have any interest on it they will not consider it and will not do everything to earn it. But for those who people that have bitcoin but doesn't earn is because they do not use the bitcoin for things that they will earn. They only use it in some things that give them fun but doesn't give them earnings which is gambling.
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March 15, 2017, 04:02:14 PM
 #586

Art is how we decorate space. Music is how we decorate time.
--This is the quote I've read years ago. Some people are more convinced when they are witnessing, feeling, seeing something. Especially when it comes to money convincing people based on what they've heard is hard these days. We are decorated by the products of paper money nowadays. We can buy anything if we have lots of it. Just like music Bitcoin travels in spectrum. You can't see it but you know that it's there. But music has many kinds of categories metal, hard metal, country etc. And I think these categories are the misconceptions we thought about Bitcoin. Bitcoin is versatile it is up to us on how we will use it, same as music. But I know for sure is that like music it produces sound. We can't blame them because I know that they are hearing the sound. A calling that we might ignore or accept. All we have to do is listen.

The problem is, if we have a chance to listen.  We missed out during the first day of mining of Bitcoin, we also missed out during the first week, month, and year of Bitcoin, even the first 4 years.  You cannot listen to something that you cannot hear.  So how can you hope for people to know about Bitcoin when even in their glossary of word, Bitcoin does not appear?  the information needs to be passed to be able for others to listen or go with the music.
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March 15, 2017, 04:53:57 PM
 #587

First of all Bitcoin is needed to be accepted by the countries than price and its stability is
the main part and than the connection to men to men.

If our government ignore btc than what would happen?

When bitcoin price was lower than 200$
how many people knew about bitcoin?

If someone didn't share about btc to you
than how would you know that?

Ok now If the government accept it than it will
be known by most of us,
If the price rises than we will surprise and we are addicted.
awareness about bitcoin will get us addicted to it

The first problem is,if no one don't know how to get bitcoin.There are people who did'nt know how to use bitcoin so that they don't also know how to get bitcoin.Second reason,their not sure that their bitcoin is not safe.Another reason their are lack of knowledge about bitcoin.

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March 15, 2017, 05:06:03 PM
 #588

It had been very difficult in convincing people about virtual currencies like Bitcoin this is because people lack adequate information on how to get them, personally I had to devout my time to make researches. Getting bitcoins can increase daily earnings in developing countries.

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March 15, 2017, 05:08:20 PM
 #589

If you look at it as Currency, it is difficult for an average person to understand it because it is different.

Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.

Its difficult enough for people in the money space to thoroughly understand Bitcoin.

For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.
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March 15, 2017, 07:31:30 PM
 #590

If you look at it as Currency, it is difficult for an average person to understand it because it is different.

Bitcoin, being a different kind of a digital currency, it breaks down conventional thinking in many aspects. No central regulatory body. The concept of mining. The open-ledger (blockchain), the way miners are rewarded, how transporting value is determined by its packet size and not value, the hash rate, the concept of limited supply. The 100 Million pennies in a Bitcoin, etc.

Its difficult enough for people in the money space to thoroughly understand Bitcoin.

For a common person, its an overkill. Its like trying to explain the concept of TCP/IP, Networking, Routing, the Internet for someone who wants to use email.  Overkill.
Perhaps you are right, but people use the Internet a lot and not necessarily for the sake of mail, but also not the meaning of the Internet bitcoin. Bitcoin will be used, but not all. To think that only about the old and the children. They just do not obey bitkoin.
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March 16, 2017, 07:33:28 AM
 #591

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.
Yeah, I see a lot of people falling into the mistake that they go and invest money into thing they have no idea on and except to earn big money, without even going throw the trouble of finding some reviews and feedback from others, and next thing you know they lose all their money and they come and complain on the forum.
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March 18, 2017, 11:31:15 AM
 #592

First, majority of the people know nothing about bitcoin. Something new or something vague make everyone anxious in their possible usage. Proper introduction on what bitcoin is and what it is capable of may change the perception on the use of bitcoin. Must preach about bitcoin more.

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March 18, 2017, 11:58:25 AM
 #593

First, majority of the people know nothing about bitcoin. Something new or something vague make everyone anxious in their possible usage. Proper introduction on what bitcoin is and what it is capable of may change the perception on the use of bitcoin. Must preach about bitcoin more.

Well I think there should be a good speaker or a good explaining for a person to really get what really is bitcoin and I think it would start in that situation on how to explain in more direct and a little material should be use for someone to really understand what bitcoin really has to offer for that person, I really believe that a good student he can be if there is a good teacher backing him!
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March 18, 2017, 11:49:08 PM
 #594

Sometimes people do not accept new concept specifically that they are used to having physical money to buy and spend and we cannot blame them for that. Just like the internet, most of the elderly people are afraid to use it because they think they will damage and break it. But on the other side people on the internet like the millenials will have a higher chance that they will use bitcoin.
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March 19, 2017, 03:40:01 AM
 #595

People on nowadays today do not get bitcoin for some reason like lack of knowledge, If you like to people know about bitcoin  you much taught them about bitcoin, explain them what is the use of bitcoin and the benefits of it. Also people today Focus more on Media like in TV, Radio reports if  the media promotes bitcoin surely many people will be using it soon. People today  always like to go with the being at the trends  and flow of our community.  Wink

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March 19, 2017, 09:08:01 AM
 #596

I don't think it is enough to "inform people" to arouse interest in them to approach this ecosystem.
Unfortunately here there is still a great prevalence of geeks and experts who usually look with disdain on those who don't clearly understand the technology behind the bitcoin and even people like me, without advanced technical knowledge but with merely economic interest as users of bitcoin, we have to make great efforts to be aware of the so much information flowing everywhere.
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March 22, 2017, 09:00:38 AM
 #597

There are many insight of each people in this world, that's why even the good opportunity comes into our lives they won't see it because of their belief and understanding of the individuals. Just like in bitcoin majority of the people once you ask them to learn what bitcoin is and they do some research on it, the result was always said bitcoin is for intelligent people only, which is wrong their mindset is totally stupid or maybe they are just really closed minded.
Because they are close minded that is why they will never gonna learn bitcoins, I believe if they will just try to know it they can comprehend it since the information is free and it's all over in the intenet. Actually I'm not that advance enough in terms of my learning with the online transaction but bitcoin inspired me to learn because I believe there is an opportunity here for investors since it's not widely accepted yet but we believe it will be in the future to come.
Agreed, they don't see the real catch of bitcoin, It is like a pearl in the middle of the sea you cannot find it unless you go swim deeply for you to find out how really beautiful that pearl it is. same thing with bitcoin you take deep unto it for you to learned it more and see the contents for what it can do in the near future in the entire world.
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March 22, 2017, 09:26:22 AM
 #598

People on nowadays today do not get bitcoin for some reason like lack of knowledge, If you like to people know about bitcoin  you much taught them about bitcoin, explain them what is the use of bitcoin and the benefits of it. Also people today Focus more on Media like in TV, Radio reports if  the media promotes bitcoin surely many people will be using it soon. People today  always like to go with the being at the trends  and flow of our community.  Wink

just imagine what happen if your every single friend tell to their friend and their parents about bitcoin, that's gonna make them know what bitcoin is and why it's really worth it. the real problem is their intresting on bitcoin after know it, many people keep their insterest on real life maybe there's half people try bitcoin after the heard it and half of half people who tried it still keep on bitcoin and the others just back to their world and act like nothing happen.

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March 22, 2017, 09:43:13 AM
 #599

There are many insight of each people in this world, that's why even the good opportunity comes into our lives they won't see it because of their belief and understanding of the individuals. Just like in bitcoin majority of the people once you ask them to learn what bitcoin is and they do some research on it, the result was always said bitcoin is for intelligent people only, which is wrong their mindset is totally stupid or maybe they are just really closed minded.
Because they are close minded that is why they will never gonna learn bitcoins, I believe if they will just try to know it they can comprehend it since the information is free and it's all over in the intenet. Actually I'm not that advance enough in terms of my learning with the online transaction but bitcoin inspired me to learn because I believe there is an opportunity here for investors since it's not widely accepted yet but we believe it will be in the future to come.
Agreed, they don't see the real catch of bitcoin, It is like a pearl in the middle of the sea you cannot find it unless you go swim deeply for you to find out how really beautiful that pearl it is. same thing with bitcoin you take deep unto it for you to learned it more and see the contents for what it can do in the near future in the entire world.
The more interest shown towards knowing much about it will help understand bitcoin in the right manner. Right now very few are much deep into the knowledge gain about virtual currency and the technology and those are under the high earning segment. One who needs better earning needs better understanding.

TakumiSicbo
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March 22, 2017, 10:06:09 AM
 #600

In my opinion, lack of knowledge leads normal people to think Bitcoin is by any means insecure or not safe to use. Also the way wallets work might scare them a little, since it's a bit different from conventional payment and currency systems.
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