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Author Topic: The reason why people do not get Bitcoin.  (Read 37488 times)
niisarearning
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May 04, 2017, 08:10:01 AM
 #641

In my country much people not even knowing about bitcoin if i go to people and explain about bitcoin First they will see in suspect mind and they think they are trapping . Then after am going to google showing them that bitcoin current value they will see how they will get for free . Then if i am showing about free sites where they get sathoshi they think its too low or they will say how will withdraw this amount while reaching 1000 sathoshi . First of all people has to educate about crypto currency . Here biggest irony is i am communicating the people who are in IT they also not even having time to know about bitcoin . They want to feed everything by myself . So its hard to explain people they have to get interest for knowing about bitcoin
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May 04, 2017, 08:42:03 AM
 #642

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.
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May 04, 2017, 09:19:25 AM
 #643

The older generation simply does not trust him and believes that the bubble will soon burst. Many did not even hear about bitcoin. And some poorly developed countries do not have a stable Internet for using this currency.

Definitely. I think one of the huge problems that bitcoin  face is that it is one of a kind. Nothing of its kind has ever existed before.

If you ask anyone in the older genertaion, 50+ years old, they'll question you.

A typical dinner table discussion with my family:

"Dad, i'm using this bitcoin thing, it's really cool, it's decentralized, anonymous, and safe, and you have full control over your money!"

"Bitcoin? Isn't that the currency used to buy drugs and stuff from the deep web? And nobody owns it, the owner's pretty much dead right now and once you lose your login details, you're screwed?"

We need more education of the public about bitcoin. More awareness.
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May 04, 2017, 09:27:21 AM
 #644

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.
I think they are close minded for bitcoin, if they know a lot about bitcoin then they will realize that bitcoin is the next big thing in our world and they should waste their time in bitcoin because it will worth a lot after a few years. The only reason i can see that they don't want to waste their time or even money in bitcoin is the price of bitcoin is high and they think that the price will just go down and it is too late to join the train.
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May 04, 2017, 09:36:02 AM
 #645

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.
I think they are close minded for bitcoin, if they know a lot about bitcoin then they will realize that bitcoin is the next big thing in our world and they should waste their time in bitcoin because it will worth a lot after a few years. The only reason i can see that they don't want to waste their time or even money in bitcoin is the price of bitcoin is high and they think that the price will just go down and it is too late to join the train.
Nope, Simply most the people around the world does not know about bitcoins. If they come to know the potential of bitcoins. I sure that they will definitely get into the bitcoin and block chain technology. As rate of adoption increases many numbers of people will get into bitcoins. Now price is also stabilized in some standard amount, touched the next peak value.
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May 04, 2017, 09:49:43 AM
 #646

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.
Maybe they have other interest and for them bitcoin is not that so interesting to spend your time. although they are aware of what it is, still you cant coerce someone to use it like you do. we have different interest and thats how it is.

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May 04, 2017, 10:14:35 AM
 #647

In my country much people not even knowing about bitcoin if i go to people and explain about bitcoin First they will see in suspect mind and they think they are trapping . Then after am going to google showing them that bitcoin current value they will see how they will get for free . Then if i am showing about free sites where they get sathoshi they think its too low or they will say how will withdraw this amount while reaching 1000 sathoshi . First of all people has to educate about crypto currency . Here biggest irony is i am communicating the people who are in IT they also not even having time to know about bitcoin . They want to feed everything by myself . So its hard to explain people they have to get interest for knowing about bitcoin

In my country too many people do not know about bitcoin and to explain something to them is simply useless. They will then take me for a scam who gets the money dishonestly Sad
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May 04, 2017, 11:08:30 AM
 #648

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.

It such a shame, with the IT background, he supposed to be involved in bitcoin who knows someday he can make bitcoin into a better currency, but some of my friend said that bitcoin is useless, according to them, bitcoin is a digital currency which one day will disappear, and bitcoin can caused fiat become more valueless, so they don't want to involved in bitcoin and there are too much bad information about bitcoin so they kind of rejecting bitcoin without even give the chance to know better


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May 04, 2017, 11:24:56 AM
 #649

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.



Indeed, you are definitely right dude! Many of the citizens in different country they thought bitcoin was ponzi scheme, or or they may have negative experienced before of investment scheme, or they're just really unfamiliar or lack of knowledge about in bitcoin.
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May 04, 2017, 11:38:24 AM
 #650

The simple reason is, that they do not know or are not interested in bitcoin.

Because, that's why a people does not get bitcoin.


And also skepticism. This is a new thing for them so they have many reservations. Just give them time and I am sure they will adapt this new digital currencies. I swear if they see many people uses bitcoin in their places surely they will hop in.
Yep that is true indeed that's why they are holding back to hop in. Just a little push and they will soon hop in and try to get to know Bitcoin so they can go with the flow and their curiousness as what the hype is all about since everyday the popularity grows and the users and usage rising which the price of Bitcoin can back it up as in economics stated that as the demand increases the price also increases.
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May 04, 2017, 11:47:03 AM
 #651

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.



Indeed, you are definitely right dude! Many of the citizens in different country they thought bitcoin was ponzi scheme, or or they may have negative experienced before of investment scheme, or they're just really unfamiliar or lack of knowledge about in bitcoin.
Even the users don't know how to explain all about bitcoin to a new user. This misleads them thinking in the opposite manner. Because every part of the country several Ponzi schemes have ruined the life of lot. The same should never repeat for which people are hesitant to use it.

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May 04, 2017, 11:53:15 AM
 #652

The simple reason is, that they do not know or are not interested in bitcoin.

Because, that's why a people does not get bitcoin.


And also skepticism. This is a new thing for them so they have many reservations. Just give them time and I am sure they will adapt this new digital currencies. I swear if they see many people uses bitcoin in their places surely they will hop in.
yes it is true because digital currency is new thing for them and they looks denied to use it or to learn more about bitcoin and this is happening in my country that they says the currency should be have physical and not digital so basically they still not trust to digital currency that's why they decide to not use bitcoin

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May 19, 2017, 12:54:13 PM
 #653

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 lot of reason why some people didn’t get bitcoin.First, they didn’t know how to use and how it works.Second, Doesn’t gave interest in bitcoin.Lastly; they are lack of knowledge about bitcoin.

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May 19, 2017, 02:36:12 PM
 #654

Some religious people do not get bitcoin becuse they think it is not good.
Some people do not know how to deal with bitcoin.They don't have patience to work on it.
Maybe they do not get vitcoin because they don't want to control them for their time money and effort.
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May 19, 2017, 02:43:00 PM
 #655

People do not get bitcoin because they lack the awareness on it.Bitcoin became strange to them.Media advertising would be of great help for them to fully understand and experience living with bitcoin.
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May 19, 2017, 03:05:55 PM
 #656

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.

I am in the same boat as you. Friends in IT, accounts, economics, business, not bothering to "waste" their time. However i do know why.

If Bitcoin doesn't have any usages such as the ability to buy goods and services, then what other usage does it have?

It would be nothing more than a ponzi scheme. The current "civil war" just about proved their point.

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carriebee
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May 19, 2017, 03:21:35 PM
 #657

I think the reasons why other people do not get bitcoin because its expensive. The price is increasing that others dont buy it. Even bitcoin is popular some still didnt adopts it use or lack of awareness on how and whats the use of bitcoin. 
Gastotade
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May 19, 2017, 03:32:07 PM
 #658

I think the reasons why other people do not get bitcoin because its expensive. The price is increasing that others dont buy it. Even bitcoin is popular some still didnt adopts it use or lack of awareness on how and whats the use of bitcoin. 

Some were also not satisfied yet on the security of the bitcoin,they still doubt that bitcoin have that capability of earning and investing in with a safe way and security. Or some wants to try it bit still worried on risking their money.

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YuginKadoya
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May 19, 2017, 03:36:13 PM
 #659

I have friends who work in IT and they know a lot about bitcoin, mining and blockchain but their interest is passive. They don't want to "waste" their time on it. I have no idea why.

I am in the same boat as you. Friends in IT, accounts, economics, business, not bothering to "waste" their time. However i do know why.

If Bitcoin doesn't have any usages such as the ability to buy goods and services, then what other usage does it have?

It would be nothing more than a ponzi scheme. The current "civil war" just about proved their point.

Then why are you bothering in posting and earning bitcoin in the forum? if there isn't such use for it? I think you can surely convert bitcoin to fiat money and that is the time you can surely buy it for the goods and services that you need, and in my opinion bitcoin is a good way to save and earn money by means of trading on with some altcoins.
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May 19, 2017, 03:40:56 PM
 #660

If the volume is so high, only those who can easily understand and hear the music will like to dance, but those who does not understand why the music is been played will call it noise.

People who does not have a focus towards the internet business can not be brought into it because they don't understand it.
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