What will keep people from getting into cryptocurrency?

[Impulseboy]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

[tiurminator]

Knowledge and infrastructures.  Scientist have teach monkeys the concept of money on their experiment and it's succeed.  Now, try to tell a scientist about the concept of cryptocurrency, it will not easy.  It will be harder when you try to the peoples in the under development country where internet or even electricity is a luxury.

[Gotumoot]

Knowledge and infrastructures.  Scientist have teach monkeys the concept of money on their experiment and it's succeed.  Now, try to tell a scientist about the concept of cryptocurrency, it will not easy.  It will be harder when you try to the peoples in the under development country where internet or even electricity is a luxury.

Because of the thoughts that they might get scammed when they invest on bitcoin. People easily judged something because of bad things about that thing. They only value what is the bad news but dont searching for reliable source. For them to understand and to know what bitcoin capable to do, they must study it first, because studying it will help you to understand and it will help you to succeed on bitcoin.

[jzale]

First thing that comes into mind is the wrong impression on cryptocurrencies especially about Bitcoin. The scam around Bitcoin is what really hinders an ordinary person to engage into cryptocurrency. Bitcoin/Cryptocurrency in general has been used as a medium for scam and theft crimes. Though statistics say that there has been less crime related to Bitcoin before compared to now. Other factors are lack of knowledge about cryptocurrency, misleading fuds, lack of interest and etc... Most of the people is afraid of change. They want to stick to traditional currency and can't apprehend the future that lies into cryptocurrency.

[MatthewNaccarato]

There are many reasons and among them the main one according to me is it is a smart way of business and also it make our life style very smart.

[Renal]

in my opinion, of course they are very interested in the world of cryptocurrency, besides being able to provide a lot of income to all of us, even crypto has many advantages in any form, so everyone will flock to hunt for bitcoin.

[BrewMaster]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency.

first of all what bitcoin is or is not, doesn't affect other cryptocurrencies much. contrary to popular belief if an altcoin were good it would surpass bitcoin regardless of bitcoin being first, king, big,.... or whatever else.

as for the reason you mentioned, things like volatility, unpredictability,... will only drive people away from investing in bitcoin. it has nothing to do with when they decide not to use it. even volatile bitcoin is still a currency and can be used by anyone anywhere. so if someone chose not to do it, they had other reasons.

[btc-facebook]

For me it's just like money and it's also act as investment so it's different with other currency that I've ever known
When most people decide to keep use bitcoin because they have fully understand that cryptocurrency was being build for digital era especially for transaction purpose !

[Malkova0]

But the people should think about the future they should not stop there carrier here it self they should have some patients

[Ladysmith]

I think there's still a general feeling of hesitation towards decentralization. It involves a completely different paradigm as to how to perceive value and the world in general. Such a change will take decades before everyone thoroughly understand the benefits.

[dothebeats]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

If anything, right now the unpredictability of bitcoin is what's actually getting more people on-board since most are just in for the money nowadays and are hoping to make a quick buck out of bitcoin. Those people are the general users, the ones who care much about profit first, fundamentals second. However, I believe that merchants would be the ones driving adoption up ones they get in on the economy, given that there is still a huge number of people wanting to spend their bitcoins and not just use as an asset. We need more merchants to fill in the blanks of an unbalanced economy that we have, though I know for certain that that wouldn't happen as long as volatility is still present.

[towi078]

I think, one of the factors that makes people interested in cryptocurrency is because of its increasing popularity recently. Apart from the understanding of cryptocurrency itself

[tabas]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency.

No. You are just caring for those people that can't take the volatility.

What do you think are the other reasons that will keep people from using bitcoin?

I can't think any but the popular that I'm hearing is its expensive for them.

[Moshaid]

The negative news surrounding some icos and cryptocurrency in general. Also most people are into it because of some few bucks but when does people doesn't get what they need they, others with same motive will not want to dwell into it.

[stelly]

actually to me what will keep people from getting into cryptocurrency  is peoples testimonies. it will energize people.

[vy99]

I thought about the unpredictability of bitcoin and its current status and it made me realized that this might drive people away from getting into cryptocurrency. What do you think are the other reasons that will keep people from using bitcoin?

Security and privacy concerns. Really no different from a lot of things online. Amazon, eBay, and other e-commerce sites went through the same thing 20 years ago.

[stiffbud]

in my opinion, of course they are very interested in the world of cryptocurrency, besides being able to provide a lot of income to all of us, even crypto has many advantages in any form, so everyone will flock to hunt for bitcoin.

Cryptoncurrency is a digital currency with lot of advantages which attract more and more people towards it to use it. Cryptocurrency are mainly use for money making purposes. Many people use it as online job. Cryptocurrency price are attractive because of this many investors invest in it. Cryptocurrency decentralised nature also attract many people to use it. And its blockchain technology which help people to experience an innovative money transaction facility.

[cxmyifan16]

I think that nothing can prevent me from getting in crypto and to my mind, if you want to achieve success, you should do your best and start investing in btc or ether for the long-term hold

[CrucialTechnology57]

First and the most important think is that drive peoples attention towards crypto is curiosity because it is new and more profitable than any other investment.

[richan]

Cryptocurrency is very technological  subject and newbie coming into it will be prevented from the complex terminologies, but taken the pain to learn will ease many people from lack knowledge of it use. Other things that can prevent people from crypto is the risk level associated to it.