Topic: Cryptocurrency Phobia - new social phenomenon - page 2. (Read 171825 times)
The growing popularity of electronic commerce has led to the phenomenon of phishing. For those who do not research in the field, it is certain that they are the prey for these fraudulent activities. When Bitcoin came to the throne, Bitcoin scams were so sophisticated that so many were cautious but still trapped by them.
When prices fluctuate, panic starts and it spreads very fast. Those who join the bitcoin community are entering without knowledge they are seeing fast money which is not good for the community. I hear more and more uncertainty from secret and desperate news from cryptographers in different Telegram channels. But this does not involve honesty, I think all those who want to buy bitcoin will continue to do so for a long time, and all others, will just be on another street. Because I also see it in our country. That is because they watch the news in the mainstream media, where the media involves electronic money in the scammers. Well, we can not blame them because when I myself do not know bitcoin and see the news, maybe I will not go into bitcoin. People will always have problems with bitcoin and electronic money, people with much money want to protect what they have and people without fear of losing what they have. If you could spend bitcoin and electronic money like any other currency like fiat, what's the difference?
Seems like this would be occured by the people who lost a lot in crypto,
Who risk too much and ended up losing .
Who risk too much and ended up losing .
But this is not that relevant to be honest, i think that all the people that wants to buy bitcoin are going to keep doing the same for a long time, and all the others, will just stay on the other street
This phenomenon surprised everyone, especially bitcoin observers. Nobody estimates that the price of bitcoin will reach thousands of dollars in just 10 years. People who trust bitcoin eventually become millionaires.
I have not found users who have been harmed by bitcoin. I know that the loss experienced by bitcoin users is because they themselves cannot store bitcoin, like losing bitcoin because of inadvertent bitcoin. and I think the benefits of bitcoin are more than fraud. so I say that crypto phobia is actually what we make it. In some cases people provide an interesting foundation regarding the risk of cryptocurrency and instability. But in many cases, their negative conclusions only sound like: fraud, fraud, and other "cruel" statements.
I think this phenomenon is spreading fast enough.
What do you think about that?
I think this phenomenon is spreading fast enough.
What do you think about that?
Bitcoin is primarily a benefit for those who are well versed in it , as well as scammers are also people who know what to do and how to confuse other people.
It is a fear that a malicious and terrible hacker will steal money from your computer. The next is common for all coders, and it is the fear of electronic money collapse. And although we know that electronic money is not a bubble, but somewhere in the depths of the brain, we are afraid of this. I think to blame here is the mainstream media that Usually tagged on their title like Bitcoin / Crypto as a scam but if you would read the article there would be no correlation of Bitcoin being a scam. Well-known investors and economists have not been persuaded in electronic money. People are afraid of what they do not know and how many people operate Cryptocurrency. I have noticed this phenomenon myself and I discussed it recently with a friend. The funny thing is that it's especially smart people trapped in this cognitive trap.
As more people adopt new ways of transferring value, markets of all ... cryptocurrency phenomenon but simply do not know where to start. ... cryptocurrencies, and information began to spread on social media and the press.
The more various opinions I hear about Cryptocurrency, the more I realize that there is a new kind of phobic hysteria, which appears literally about everything related to Cryptocurrency, e.g. mining, trading, ICOs or lending.
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
In some cases people provide interesting groundings concerning Cryptocurrency risks and instability.
But in many cases their negative conclusions simply sound like: scam, deception and other "demonizing" statements.
I think this phenomenon spreads around fairly fast.
What's your opinion about it?
Ignorance is not always bliss; sometimes it looks more like curse...
I agree that crypto currency is really a social phenomenon that can change the perception of the world and make it more interesting.
It is not a phobia, it is something artificially engineered and it is related to two phenomena: regular people having no knowledge on those topics while at the same time media boasts FUD. The media action seems to be well organized and executed by somebody interested in people believing in FUD. In my country, for one thing, there is even a central bank maintained webpage devoted to bitcoin threats.
I agree. But the main problem isn't the media spreading FUD and being dishonest, it wouldn't be an issue if people were able to think by themselves without believing in so many lies and exaggerations without hesitation. It proofs media has too much power over people's minds yet, however, it's slowly changing as people start giving more attention to alternative medias on the internet and searching for the true of facts.
Real stories of people who are in Crypto-Currency world is the best way to make others exit from the matrix.
Information has never been that accessible as today. Mass media provides us with Fast Information which is similar to fast food: smells tasty, requires no cooking knowledge, but you never know what's hidden inside.
And crypto is all about information which rapidly changes daily. So people should choose between personal research and talking heads that have no idea about the crypto.
People will always have problems with bitcoin and crypto currency, people with lots of money want to protect what they have and people without are afraid of losing what they have. When false news on bitcoin hits it affects both groups.
If you can spend bitcoin and crypto currency like any other currency the same as fiat what's the difference? It isn't like when you travel to other countries you don't trust their currency.
If you can spend bitcoin and crypto currency like any other currency the same as fiat what's the difference? It isn't like when you travel to other countries you don't trust their currency.
It is not a phobia, it is something artificially engineered and it is related to two phenomena: regular people having no knowledge on those topics while at the same time media boasts FUD. The media action seems to be well organized and executed by somebody interested in people believing in FUD. In my country, for one thing, there is even a central bank maintained webpage devoted to bitcoin threats.
I agree. But the main problem isn't the media spreading FUD and being dishonest, it wouldn't be an issue if people were able to think by themselves without believing in so many lies and exaggerations without hesitation. It proofs media has too much power over people's minds yet, however, it's slowly changing as people start giving more attention to alternative medias on the internet and searching for the true of facts.
Real stories of people who are in Crypto-Currency world is the best way to make others exit from the matrix.
Well I think what you have mentioned in your statement particular the cryptocurrency phobia is true. Why? It is because I also see it on our country. Many people here in my country which is Philippines, are scared in getting into technological business or ideas. Why? It is because they watch news in the mainstream media where the media associated cryptocurrencies in the fraudsters. It lessen the legitimacy of bitcoin that is why they are scared or afraid of it. Well, we cannot blame them because when me myself do not know bitcoin and see those news,maybe I will not also go into bitcoin. Thanks to my classmate, because of them I'm into bitcoin.
I have noticed this phenomenon myself and I have been discussing about it recently with a friend. I think that this phobia for cryptocurrencies is caused by a set of prejudices which have been skillfully planted in time in the public opinion my the mainstream press. The funny thing is that it is especially intelligent people who get caught in this cognitive trap. I don't want to say that it is everything gold which glitters in cryptos - not at all - but this phobia reveals a willful blidness of a part of population towards this whole sector.
Right. What I hear about Crypto from well educated people around me reveals that their conclusions are simply based on personal prejudices and nonsensical patterns from mass media.
Yes, but their conclusion is shaped by their only source of knowledge which often is incorrect and this phobia phenomenon in my opinion will only deter more people from entering the market unless, of course, they start researching into it more rather than capturing it all from media.
But this is not that relevant to be honest, i think that all the people that wants to buy bitcoin are going to keep doing the same for a long time, and all the others, will just stay on the other street
This old topic seems to become actual nowadays when market is so red and bearish.
I hear more and more uncertainty from crypto news and despair from crypto holders in various Telegram channels.
All I would advice to all crypto enthusiasts is to check what happened with coins previous years and keep in mind that history continuously repeats.
I hear more and more uncertainty from crypto news and despair from crypto holders in various Telegram channels.
All I would advice to all crypto enthusiasts is to check what happened with coins previous years and keep in mind that history continuously repeats.
from the beginning I know bitcoin, I have not found a user harmed by bitcoin. I know that the losses experienced by bitcoin users are because they themselves can not keep the bitcoins, such as losing bitcoins due to careless securing bitcoin. and I think bitcoin benefits more than the element of deception. so I say that crypto phobia is actually us who created it.
Exactly!
BTC doesn't harm anyone. It's a technology made to help people, allow them to take matters in their own hands. If you bought at any given point in the history of BTC, held it for about 1,5 years or more, you had much more value in your hands. And I'm not talking twice that. Usually it was like 5-10 times more! It just keeps on giving without any demands or hidden costs.
People are afraid because that's their nature. We are weak, greedy, envious, and quick to judge.
Yes, most people often generalize, without understanding and learning the real facts. It can affect others. If they understand the nature of bitcoin is easy to change, they should be understood, and not afraid. Because once the price falls then the price will bounce.
from the beginning I know bitcoin, I have not found a user harmed by bitcoin. I know that the losses experienced by bitcoin users are because they themselves can not keep the bitcoins, such as losing bitcoins due to careless securing bitcoin. and I think bitcoin benefits more than the element of deception. so I say that crypto phobia is actually us who created it.
Exactly!
BTC doesn't harm anyone. It's a technology made to help people, allow them to take matters in their own hands. If you bought at any given point in the history of BTC, held it for about 1,5 years or more, you had much more value in your hands. And I'm not talking twice that. Usually it was like 5-10 times more! It just keeps on giving without any demands or hidden costs.
People are afraid because that's their nature. We are weak, greedy, envious, and quick to judge.
Those who enter into bitcoin community are entering with no knowledge they are seeing fast money which is nt good for community
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