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    Author Topic: What's stopping people from using bitcoin?  (Read 202202 times)

    • nostal02
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    March 27, 2016, 04:44:30 AM
     #1281
    Quote from: Kingno.1 on March 27, 2016, 04:40:55 AM
    Many reasons are there that are stopping people from using bitcoin.
    In developing countries:
    1)Lack of awareness regarding it
    2)Slow internet
    3)Governments do not support their use


    Specially in 3rd world countries without internet they cant know bitcoin and its use,only the countries which have a good economy has its people use bitcoin.

  • Hellacopter
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    March 27, 2016, 04:44:50 AM
     #1282
    I think people find it more convenient to use fiat. That is what is stopping people from using Bitcoin. Why would I go to a store that accepts Bitcoin when I could simply go to a store that accepts normal currency.

  • storyrelativity
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    March 27, 2016, 05:28:35 AM
     #1283
    Many people stop using bitcoin because many hyip are scam. But don't stop using bitcoin because bitcoin have bright future .. Buy more bitcoin and make big profit. I love btc. Godbless and thanks
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  • nejibens
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    March 27, 2016, 05:36:40 AM
     #1284
    The price of the Bitcoin isn't stable yet, that is why many people stopped from using it

    If the price get stable more people will use this currency i guess

  • MTBTT
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    March 27, 2016, 06:38:37 AM
     #1285
    Quote from: coin_gambler on March 26, 2016, 10:36:28 PM
    governments might ban their people from using bitcoin what could lead to them deciding to quit it, i dont know what else might stop people
    I think it will not make people stop and feared it. My own country prohibits the use bitcoin. but I do not care about it. just a lot of people who are sympathetic and join on bitcoin

  • blackmachinegun
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    March 27, 2016, 09:09:11 AM
     #1286
    Quote from: hakanbalta577 on March 27, 2016, 03:31:58 AM
    At this time, I dont think people stop to use bitcoin. They will continue to use and everyday bitcoin will be popular than before.  Roll Eyes
    Yeah although we rarely see people who actually stopped using bitcoin but I'm sure there are some people who quit.
    but that was not a problem. because many people are joining more than people who come out
    My friend stop using bitcoin because he was busy

  • Aamir1
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    March 27, 2016, 05:00:35 PM
     #1287
    Quote from: blackmachinegun on March 27, 2016, 09:09:11 AM
    Quote from: hakanbalta577 on March 27, 2016, 03:31:58 AM
    At this time, I dont think people stop to use bitcoin. They will continue to use and everyday bitcoin will be popular than before.  Roll Eyes
    Yeah although we rarely see people who actually stopped using bitcoin but I'm sure there are some people who quit.
    but that was not a problem. because many people are joining more than people who come out
    My friend stop using bitcoin because he was busy

    That's right, if one side 1 person stops using bitcoin then on the other side 2 or more then that starts using it in a day, so that will really not make any trouble for bitcoin because in that way we won't lose as much users as much we get in a day so basically we are increasing.

  • safari88
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    March 27, 2016, 05:51:36 PM
     #1288
    Quote from: betohell on March 26, 2016, 08:59:56 AM
    Quote from: safari88 on March 26, 2016, 07:25:18 AM
    Quote from: aubert on October 16, 2015, 03:51:34 PM
    so many reason, for example: they got bored , they think they dont need bitcoin anymore, they think that bitcoin dont have bright future (i believe bitcoin have bright future)
    I do not agree if they do not need bitcoin. bitcoin is money bro. maybe if it is difficult to get bitcoin I think it was the right reason.
    i dont agree. I do not think someone out of boredom and does not require bitcoin anymore. as long as I was in bitcoin I have never seen anyone come out with excuses like that.
    yes it is the reason that makes no sense. .some of my friends who do not need anymore bitcoin, because he had to get a better job, also with a higher salary.
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  • BitMaxz
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    March 27, 2016, 05:57:10 PM
     #1289
    I think if some say that bitcoin is scam they will stop using bitcoin so investment site is not a good way to promote bitcoin its a bad image for people who has bitcoin because they always scam in investment site and they will stop using bitcoins..
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  • danswer42
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    March 27, 2016, 06:39:18 PM
     #1290
    Quote from: BitMaxz on March 27, 2016, 05:57:10 PM
    I think if some say that bitcoin is scam they will stop using bitcoin so investment site is not a good way to promote bitcoin its a bad image for people who has bitcoin because they always scam in investment site and they will stop using bitcoins..


    Bitcoin is similar in that it needs to be confirmed, but the benefit is there are no holidays or weekends for bitcoin.

  • RBF
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    March 27, 2016, 06:44:54 PM
     #1291
    Quote from: nejibens on March 27, 2016, 05:36:40 AM
    The price of the Bitcoin isn't stable yet, that is why many people stopped from using it
    If the price get stable more people will use this currency i guess

    The price of none of the available fiat money is stable, it's always changing according to economical and political issues, so I don't think this is the cause for people not using bitcoin.

  • Genius Einstein
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    March 27, 2016, 10:20:28 PM
     #1292
    There are many reasons why people are not using bitcoin and most of this is because some people have not spread the word to everyone so they do not even know bitcoin exists and for some people they think that bitcoin is to dangerous and maybe the price of bitcoin will go down so much that bitcoin will be worth virtually nothing and people are scared that people will try to hack their accounts.
    https://yobit.net/en/

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    March 28, 2016, 12:15:20 AM
     #1293
    Maybe the average guy is a lot more intelligent than people think.
    The merit system isn’t working. Read this thread to see why.

  • quentincole32
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    March 28, 2016, 02:26:07 AM
     #1294
    Quote from: nejibens on March 27, 2016, 05:36:40 AM
    The price of the Bitcoin isn't stable yet, that is why many people stopped from using it

    If the price get stable more people will use this currency i guess
    Stable price of bitcoin ? It wouldn't happen I think , and it's not one of many reason people could leave from using bitcoin. "Stable price" means nothing to bitcoin.
    That was the thing make bitcoin have something special , the unique currency that have a fast price movement.
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    March 28, 2016, 03:10:47 AM
     #1295
    Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.

  • jkrules
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    March 28, 2016, 03:24:31 AM
     #1296
    Quote from: bamboylee on March 28, 2016, 03:10:47 AM
    Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.

    The only thing that can stop people to use Bitcoin is when Bitcoin is officially blocked by the government Roll Eyes
    Like Russia that proposed a jail sentence for people who using Bitcoin
    But then again, people will always trade their bitcoins on the underground network like TORs whether Bitcoin is banned or not ...

  • uname
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    March 28, 2016, 03:39:53 AM
     #1297
    Quote from: bamboylee on March 28, 2016, 03:10:47 AM
    Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.
    I think this is just a cycle dude bitcoin did several times previously experienced stable prices, but not for long tme
    price movements will return quickly. and prices will start rising

  • jkrules
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    March 28, 2016, 03:45:16 AM
     #1298
    Quote from: uname on March 28, 2016, 03:39:53 AM
    Quote from: bamboylee on March 28, 2016, 03:10:47 AM
    Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.
    I think this is just a cycle dude bitcoin did several times previously experienced stable prices, but not for long tme
    price movements will return quickly. and prices will start rising

    stopping people from using bitcoin cause of bitcoin worthless when compared to the other currencies as well as all countries have condemned the bitcoin users...

  • LayTheHorseTipster
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    March 28, 2016, 04:54:37 AM
     #1299
    The legal stuffs are extremely complicate with bitcoin.

  • DeDordtenaar
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    March 28, 2016, 06:46:15 AM
     #1300
    Quote from: jkrules on March 28, 2016, 03:45:16 AM
    Quote from: uname on March 28, 2016, 03:39:53 AM
    Quote from: bamboylee on March 28, 2016, 03:10:47 AM
    Though bitcoin price is now stable, it is still hard to say where the future of bitcoin really lies. It still has the possibility to collapse if some issues are not addressed. So this is what I think the reason why companies are still hesitant to use bitcoin.
    I think this is just a cycle dude bitcoin did several times previously experienced stable prices, but not for long tme
    price movements will return quickly. and prices will start rising

    stopping people from using bitcoin cause of bitcoin worthless when compared to the other currencies as well as all countries have condemned the bitcoin users...
    I think bitcoin remain valuable although compared with the currencies of other countries. bitcoin already have priced into the dollar. it will be worth when compared to the currencies of other countries

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