People who have faith in bitcoin will continue to follow bitcoin no matter where the price of bitcoin lands in future and that is the right thing to do, as we all know that bitcoin will be more powerful in future.

It all depends on how you use Bitcoin.

If you just buy and hold your coins for a certain period of time, then nothing happens if the value drops a bit. Just make sure you don't sell. As long as you don't sell, you won't lose anything.

If you buy and plan to send a certain amount the next day to some one, or to buy something, then yes, it's not nice to see the value go down a bit.

1) It's to expensive for someone to have. $400 is a lot for only 1 btc in common people's mind, so Starting in bitcoin is pretty expensive.

2) There's still people that didn't know bitcoin. So, making bitcoin more popular maybe could make people using it.

3) They didn't understand technology at all (even using smartphone is hard to them). That makes them still using fiat because they understand it.

Perception, as mentioned by a number of other people, is an important part of it too.

A lot of people still associate it with bad things because of press coverage in certain quarters & governments claiming IS uses it...

Counter that by pointing out the number of charities which accept it for donations.

I think why people are not using the bitcoin is because the bitcoin itself has a good future but people think its bad because of the media that is saying all kind of bad things about it.
I think that is honestly the best reason I can come up with these days.

People will start using bitcoin when:

• They can buy everyday items
• BTC is accepted everywhere
• There is motive to keep BTC - e.g. discounts
• Price is not so volatile

I think why people are not using the bitcoin is firstly because of the point people think its used by criminals.
The second thing I'm thinking is that they are thinking its just not understandable the most people think its too difficult to step in and invest in the bitcoin itself.

You got it right friend, that's it the media is the hindrance and making some bad articles regarding bitcoins. But they can't stop it many people are using it now all over the world and it is more becoming famous than we think. So mainly the reason why people are stopping using bitcoin is maybe they are simply lack of knowledge of bitcoin.

I do not think this is true because the fact is that the price is now even lower than normal and the price is attractive for people.
I even must say last month I even saw more people investing than normally, so I think that is a sign it is not the price that is the problem.
The problem is laying in the media in my opinion the media always tried to make the bitcoin black, they always say its used my criminals and all that kind of stuff but which currency is not used by criminals right....