do you know people that afraid from bitcoin and virtual currencies? share it

Xester

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Actually if you don't know whaf your doing you will feel afraid from that so one of the reason why they afraid is they don't know crypto and it's investing or trading to do here so that's very risky so you will think by that if you don't exactly whaat will happen in your money.I think also some people all around the world scam others so that's why they afraid to do investing and even it's not btc still scam is scam.

And that what happened to me. I was afraid to try doing bitcoin. And because of that I lose a great opportunity for me to earn an income. Afraid to try and lack of knowledge, those two are reasons why people dis not start or do bicoin. But if you are always in your comfort zone, you will not learn.

bisnisali16

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People who are lay in the internet/digital world, on average they are very afraid of something valuable on the internet, for example, I have a friend who is blind to the internet, and he has a desire to keep his money outside the bank, then I offer to save money in paypal, but he refused in a raw, bahkam he talked to me that paypal is an element of deception, in my heart laugh, but I know very much to the world of the internet. I think explaining about things on the internet is very difficult, especially if you have to explain bitcoin and investment.

gambitcoin53

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Activity: 378

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Many are still ignorant when it comes to investing in bitcoin, actually, everything about bitcoin, many are still hesitant to join or invest in bitcoin because of lack of knowledge added by the growing numbers of negative writeups about bitcoin, not just bitcoin almost all cryptos are in the same status, i think being digital is what makes it hard to accept by people especially the conventional ones. The stigma of using internet.

jaylhynne018

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Quote from: jonathan6655321 on October 12, 2017, 06:14:52 PM

hi there
I'm working on a research for my blog. the research is about why some people afraid of bitcoin, virtual currencies and innovation and how people react in the past for innovations that changed the world.

if you had any experience of a friend, relative that against the cryptocurrency market and the blockchain please share it here and try to describe as much as possible Cheesy

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i think those people is not believing in bitcoin and virtual currency so they can be afraid in it that's why they didn't want to join in that communities.

klim75

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Activity: 196

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I have a friend he started with bitcoin several months ago. His family didn't understand it and didn't believe in it. Then he started to earn and his relatives changed their opinions and join him.

beatleap

member

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Merit: 12

I think a lot of people are are scared of Bitcoin I don't know anyone personally but I think most of the general public have a fear of it.

dashbit

newbie

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Quote from: Opquar on October 15, 2017, 10:14:10 AM

There's really no reason to be afraid of Bitcoin or digital currencies. Nothing is inherently scary about them. The fear comes from losing money, because you have to spend some to get in the game. It's a risk, and not everyone likes risks.

Yes actully every investment is a risk.
When we invest on something we need to have faith on it.
You cannot be scared after you invest ,actually the problem of salaried people is they just know that if they work only then thir money will grow.
What they miss is they donot understand that.Money can make money itself and some time its huge..:d

Lorilikes

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I have a friend who is married to a cop and he is so anti Bitcoin he actually gets into bar fights over the topic. It's crazy that he is a law enforcement agent and he acts like that and he is so low on the totem pole of intelligence.

ivrynx

full member

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Merit: 103

yes, there are people who are still afraid of bitcoin and other cryptocurrencies, simply because they fail to understand what is bitcoin. there are even some long time investors, whom keep on saying to me that bitcoin is a scam, whenever I show them the chart, it seems that they cannot believe what hey are seeing, and just wanted the old ways of investing in the stock market. I think what those who fear bitcoin needs is just education on things about investments and what is block chain technology. one thing I also suspect why people are afraid of bitcoin is that they fear the risk of having bitcoins, since it is something new, they need to get use to it, aside from that the high volatility of bitcoin, they might get scared whenever there are FUDs and just withdraw. hopefully with all the things going around, from those countries that already accepted bitcoin, things will change from their perspective.

radjie

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Quote from: Prettyme on October 15, 2017, 10:22:55 AM

Quote from: 50ouncebrew on October 12, 2017, 09:49:39 PM

Yes I know people that are afraid of Bitcoin. Even if I didn't though, there will always be someone, and trust me there are plenty skeptics out there right now.

I dont think so that people is afraid about virtual currencies. They only afraid because they dont know how to operate it how to trade it so i think that is the reason. But if they know about virtual currencies they will never be afraid to explore it.

most likely people who do not understand bitcoin assume that bitcoin digital currencies in most countries can not be legalized and many are abused to commit crimes, they are afraid of the high risk they can face if they can use this digital currency.

Idrisu

sr. member

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Politicians are afraid of bitcoin because it is decentralised, they cannot manipulate the system to their favour and enslaved other and many citizen can now live good life without asking governments or political office holders for help. The elites are afraid of bitcoin because they don't know how blockchain technology work and many unrecognized individuals get in before them, therefore they will always lebel bitcoin as fraud and scams. Those that has lose good money through pozin schemes see bitcoin as one of those system that cannot last and very soon run away with their investment.

Lipe490

sr. member

Activity: 602

Merit: 263

I am into Bitcoin since 2013 and until today I cannot explain what is Bitcoins for most of my relatives and friends. When I start to talk about what bitcoin is, they just don't believe that we can make cash from a virtual currency and also that you can withdraw fiat currency from bitcoin. Even if I show them the money I made they just don't believe. I think it is a normal reaction because when some people read the news about bitcoin, most of it is of Scamming ponzi schemes and wall street people saying how bad is bitcoin and why it's a bubble. I don't care anymore because I gave the best of me trying to bring people to the cryptocurrency and make some profits with me.

pat4cryptoreal

full member

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Merit: 102

I have so many friends that are very afraid of cryptocurrency, some go as far as believing that cryptocurrency is demonic and do not add value to humanity.

Almat

sr. member

Activity: 254

Merit: 250

People aren't afraid of bitcoin, they're afraid of losing money to bitcoin, and they're afraid of other people getting more money than them, thanks to bitcoin. It's that simple.

Redanim

newbie

Activity: 56

Merit: 0

People are afraid because bitcoin is not provided with anything and therefore has no value. If bitcoin technology will collapse, bitcoin will become helpless. Bitcoins are used by many criminals. Bitcoin is not regulated, thats why its dangerous. Bitcoin is very unstable to be a currency. Bitcoin can be hacked.

Sadlife

sr. member

Activity: 1400

Merit: 269

One of the main reasons is i guess is the lack of knowledge about it about it they fear that it's dangerous and illegal to use that's why they fear in using it these is also one of the reasons why my friends doesn't what the use it because they thought that it is illegal and they lack the knowledge on what potential it have as an asset or an investment. So most of them have no interest investing or using it cause they think it is just a ponzi scheme or scam just like what the social media have told.

Zufox

full member

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Yes, I know such people, mostly this is the older generation and simply avid skeptics. Some of them in principle believe that the Internet is evil

I'm not trying to convince them otherwise, but I'm just talking about bitkoin, his idea, his future and, most importantly, security. Some change their opinion in a positive way, and it pleases me.

braves182

full member

Activity: 476

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I do not know people who would be afraid of crypto currency and bitcoin, but I know people who do not understand it and consider it a fraud. The most interesting is that they have never been interested in it, they have not read the information. And when I talk to them on the subject of crypto currency, I manage to convince many that behind bitcoin is the future, that it is safe and gives an opportunity to earn money. Someone even invests with my help. And I'm very happy that I manage to change the world a little

Prettyme

full member

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Quote from: 50ouncebrew on October 12, 2017, 09:49:39 PM

Yes I know people that are afraid of Bitcoin. Even if I didn't though, there will always be someone, and trust me there are plenty skeptics out there right now.

I dont think so that people is afraid about virtual currencies. They only afraid because they dont know how to operate it how to trade it so i think that is the reason. But if they know about virtual currencies they will never be afraid to explore it.

Opquar

sr. member

Activity: 385

Merit: 250

There's really no reason to be afraid of Bitcoin or digital currencies. Nothing is inherently scary about them. The fear comes from losing money, because you have to spend some to get in the game. It's a risk, and not everyone likes risks.

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