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Topic: Change Your Mind About Bitcoin - page 27. (Read 3280 times)

legendary
Activity: 1666
Merit: 1196
STOP SNITCHIN'
September 06, 2018, 02:45:31 PM
#5
Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin.

At the end of the day, none of that matters. The only thing that matters is the market -- it reflects whether people have faith in BTC and whether the network is growing in adoption, in spite of its practical shortcomings or nascent state. If all these complaints really posed a threat to Bitcoin so that people stopped using it, the price would be closer to $0 than $6,500. Smiley

You're always going to hear naysayers and people fighting the adoption of Bitcoin, whether because they're stubborn and closed-minded or because they have financial or political interests that benefit from that. In spite of those people, Bitcoin continues to grow at an impressive rate in network reach and mainstream acceptance, and I think that's reflected in the price.
sr. member
Activity: 1484
Merit: 276
September 06, 2018, 02:37:03 PM
#4
I think that people are just not aware of BTC's technology. It is a great platform with perspective future. I strongly hope that soon people will develop BTC more and use it in our  real life
Exactly,nowadays people are just riding the trends and making some talkshi on to it even though they dont know about that thing,specially in bitcoins so many users are just going into it without knowledge of it and ending losing money and just making bad news of it.
legendary
Activity: 3080
Merit: 1500
September 06, 2018, 02:33:36 PM
#3
Complaints are healthy because it gives scope of improvement. It gives many perspectives of a single thing which opens up more windows of opportunity as we can look at the different sides of a same thing. Even though the statement doesn't really related to crypto market, but in bigger picture, critics and oppositions are two most important pillars of a democracy.

However, like you correctly said, bitcoin is immensely popular even after so many complaints. It is because one can understand about bitcoin once he get his hands on it and a person can only complain about a certain thing once he underatands it well. So a complainant is also an investor here, that's the funny as well as encouraging part of the story!
newbie
Activity: 72
Merit: 0
September 06, 2018, 01:37:27 PM
#2
I think that people are just not aware of BTC's technology. It is a great platform with perspective future. I strongly hope that soon people will develop BTC more and use it in our  real life
jr. member
Activity: 210
Merit: 1
September 06, 2018, 12:32:43 PM
#1
Many people express different types of bitcoin. Someone says Bitcoin is not a currency. Again someone says that Bitcoin is only a bubble, it will never be universally recognized. Some countries have banned Bitcoins so that illegal activities will not be increased in the country. Because some of time bitcoin use for terror works.Some people say that investment in bitcoin is not profitable. There are some other such complaints about Bitcoin.

But the funny thing is that even though there are so many complaints, Bitcoin has become popular all day around the world. I think we need to change our mind about bitcoin's. Cool

Really, people's complaints about Bitcoin are correct?
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