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Topic: do you think bitcoin is controversial ? - page 10. (Read 3354 times)

member
Activity: 627
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Crypto Article Sharer!!!
January 13, 2018, 12:29:01 PM
Honestly,I just want to say that Bitcoin is really controversial. Because of some factors work here like illegal work,hire a hacker, hire a shooter and so on which is really harmful. For those kings of illegal work,people need to use Bitcoin.Because, their demand is fulfilled by getting Bitcoin.
legendary
Activity: 1512
Merit: 1041
January 13, 2018, 11:57:24 AM
When something gets into existence with uniqueness it becomes a controversial subject. Same is happening with bitcoin, and importantly being decentralized makes it much into controversy. This will slowly get saturation when people start to believe the technology and adopt bitcoin for a bigger and better development.
cryptocurrency is a challenge for both central banks and financial supervision.Although Bitcoin embodies the dream of a universal currency facilitating monetary transactions,there are big debates around him
In fact, while listening to the news some days back and what the media keep saying about bitcoin and also how some people just spread bullshit when they have no single knowledge about bitcoin, I just keep laughing at how crazy everything is and the level of controversy has caused and I am not really surprised anyway as it is normal for a new tech that would really not be accepted by some who feel they can keep putting citizens in bondage.
sr. member
Activity: 586
Merit: 250
January 12, 2018, 09:22:50 PM
There are currently two contradictory rumors about Bitcoin, one side thinking that the future of the currency will be Bitcoin, the other thinks the future Bitcoin will be replaced by altcoins, and the new altcoins are the future of money, become global currencies.

I think the first rumor will be true, as it happens today that the bitcoin gap and altcoin are still too far away so to replace bitcoin with altcoin takes a long time, but generally I hope to always get a profit.
jr. member
Activity: 51
Merit: 1
January 12, 2018, 08:01:40 PM
Controversial because it is gaining  so much popularity nowadays and is shaking the very core of the banking industry.
Criminals have creative minds, any money can be used in such unlawful activities right under the noses of the government without them knowing it. Blame it on the people/ user and not on bitcoin.
full member
Activity: 280
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January 12, 2018, 07:54:33 PM
Bitcoin has always been controversial with investors as well as people about the exchange rate of it is always increasing unstable. With the disadvantages that Bitcoin has as high transaction costs, the transaction time is very successful so if the future does not solve the problem Bitcoin will be replaced by other cryptos.
member
Activity: 238
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OPEN GAMING PLATFORM
January 12, 2018, 07:49:54 PM
There are currently two contradictory rumors about Bitcoin, one side thinking that the future of the currency will be Bitcoin, the other thinks the future Bitcoin will be replaced by altcoins, and the new altcoins are the future of money, become global currencies.
member
Activity: 129
Merit: 10
RedTube & Rasputin Party Mansion
January 12, 2018, 07:36:44 PM
Bitcoin is controversial because is a revolutionary idea, and now governments start to realize what kind of devastating consequences cryptocurrency will have on society. I'm very curious about future :-)
hero member
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Leading Crypto Sports Betting & Casino Platform
January 12, 2018, 06:38:27 PM
The North American Bitcoin Conference stopped accepting bitcoin payment for tickets due to hike fee/network congestion, the UK Senior Regulation saying Bitcoin buyers should prepare to lose all their money and some government called bitcoin fraud/gamble. All this prove bitcoin to be controversial and something need to be done so that bitcoin won't loose it spot.
sr. member
Activity: 308
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January 12, 2018, 03:50:38 PM
maybe the bitcoin is controversial because the bitcoin is being popular now and I tink in the near future its going to big environment
member
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January 12, 2018, 03:46:35 PM
I dont tink so maybe because the bitcoin now is being popular in our country and so many people using it now but other country they banned the crypto currency
sr. member
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January 12, 2018, 03:18:05 PM
in my country is still controversial, the central bank in my country has banned bitcoin for financial transactions but still allow it for investment

I don't understand how it is possible for a government to allow it in investments but do not allow from financial transactions. This is ridiculous. In true sense governments can't control bitcoins and anyone can use it online.  Many financial advisers who are against bitcoins  are trying to declare it controversial on the basis of its uneven price which give  sudden profit & loss to its holders.
Yeah government is not gonna control bitcoin because it is not in range of government bitcoin is enamors no one can trace bitcoin or bitcoin user, people from all around the world are using bitcoin they are sending and receiving bitcoin payment but it is hard to trace them. I am sure it is in debated of people almost all people are discussing about bitcoin so it thinks bitcoin is controversial to some extent.
sr. member
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January 12, 2018, 12:37:44 PM
as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

Bitcoin right now is quite controversial, especially today that the government and the banks have noticed it presence. The people who uses it are those who made bitcoin controversial especially if they use it for a crime

I don't think that those are the real factor which decides the controversy of the bitcoin. The bank and government has got to do nothing with the bitcoin unless and until it is destroying the work balance of the national economy. I mean they will start making it controversy if bitcoin is one of the cause for such thing. Anyway bitcoin was in the controversy since its birth because of its nature of work and not because of its so called virtual after effects which people and different analyst put forth. Bitcoin is not really controversial but its just the assumption of many people around us who hate it or who are not able to understand it. Thats the insufficiency of the many people causing the bitcoin to get that ambiguous status.
newbie
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January 12, 2018, 12:29:20 PM
in my opinion not, bitcoin a breakthrough in the field of digital finance as a new innovation of the future, with a solid concept. bitcoin is considered controversial in the eyes of people who have not understood or misinterpreted, this is related to the people who have an interest and influence in the field of currency. it is natural to assume that controversy, because the existence of other currencies also wants to survive and bitcoin has been splendidly competing in a short amount of time.
newbie
Activity: 56
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January 12, 2018, 12:24:15 PM
as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

It became controversial when mainstream media portray it like that. The argument that bitcoin is being used for criminality is flawed because even with fiat, it is being used for illegal activities such as buying drugs and Ponzi. So it's not bitcoin fault. However, mainstream media shows bitcoin in the bad way specially in the early years of it. That's why it has stuck up until now. And its us, that makes it controversial. Bitcoin is just simply to understand and to used.

Well said!
hero member
Activity: 980
Merit: 507
January 12, 2018, 11:30:03 AM
To some length it is. A lot of people have said misleading things about bitcoin since 2013. That's simply because they don't know anything about it and they don't like decentralized concepts. With that being said,since the prices have soared up since last year,more and more controversial stories will begin to come about bitcoin. So it'll lead to more FUDs and ultimately panic selling.
full member
Activity: 364
Merit: 106
January 12, 2018, 11:19:48 AM
Yes, it is definitely controversial, but then again, a lot of things become controversial nowadays, whether it brings bad or good to the world. While Bitcoin is used by some bad people, the good of Bitcoin outweighs the bad, so it is all good,

It only becomes controversial because people lack awareness and knowledge/information about it. It is normal for people to view something 'unknown or unfamiliar' to treat it with doubt. Moreover, the fact that bitcoin is being used as a tool for scammers and phishers had caused a 'misunderstanding' among non-crypto users who lack information. They easily believe fake news and information that is hwy they are often lead to thinking that bitcoin is a scam rather than it is used for exam. Then they will hear another news that there are people who earns a lot through bitcoin, which will cause another misunderstanding because of the two opposing sides, thus leading to a controversy.
full member
Activity: 382
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Live cams shows pimped with cryptocurrency on Sexy
January 12, 2018, 01:16:35 AM
as we know so many reason to make controversial bit coin currency in practical or real media sanitation. if  we observe very carefully  few past few years we have seen that  criminal activities  or occurrence  are occurred by the help of hackers and trader make it famous moving thousand of dollars outside by cheating  with government law enforcement for that reason value of bitcoin increasing very high. even they make money away from center bank and government unable to hold money from general people and through this process people convert this money into different things. i think this is enough for making controversial and what do you think about my think ?

Criminal activities have always been there way before bitcoin and with VISA services now limited to certain countries i think criminal activities which are perceived to be carried out under the name of bitcoin will reduce greatly and it is for this reason we will once again see fiat been the number one criminal payment habor...
You can’t just assure of it. These criminal activities will be carrying to existence until there is no more cash or any there source of money. You can’t just deny this fact that bitcoins are amazing but if someone is using the name of bitcoins in criminal activities and then make it controversial then everything is controversial. Dollars are being used in terrorism all around the globe, what is it then?
member
Activity: 238
Merit: 10
January 11, 2018, 10:02:58 PM
Yes, it is definitely controversial, but then again, a lot of things become controversial nowadays, whether it brings bad or good to the world. While Bitcoin is used by some bad people, the good of Bitcoin outweighs the bad, so it is all good,
full member
Activity: 168
Merit: 100
January 10, 2018, 07:56:15 PM
Yes, Bitcoin is controversial. But not only because it can be used to some illegal activities. But, it can also help a lot of good people who are having a hard time to earn money. There are just some people that are so against bitcoin,and maybe they were the ones who made bitcoin very controversial. It's okay, not all people are into bitcoin. There will be pros and cons. Especially now, bitcoin is rising up. And we have to expect that someone will try to bring bitcoin down
the current Bitcoin course is very strange, and first of all because there is a visible stop, after it has gone down from 20,000 dollars. It seems to me that his competitors, who are more promising than Bitcoin, will not let him rise. First of all, I would like to mention such a coin as the etherium.

Ethereum will steal a lot from bitcoin's market share, this is a fact, but we can also think about bitcoin's power all around the world. Altcoins are only good during the last 3-4 weeks. This is not permanent for them.
member
Activity: 168
Merit: 10
January 10, 2018, 07:49:15 PM
Why would it be controversial? If you mean because of the usages that people are leading to bitcoin, then it is fault of the people who do such those things, not because of bitcoin.
Money has been used for those purposes too, and that is not the fault of those who print the money.
It is a different concept, bitcoin is being used like real money right now, not like digital credits, just like a lot of people thought that they were before.
It is not controversial if you know what are the real reasons of bitcoin, and why it has been created for.
I agree what you said...it will not be controversial if they know what the bitcoin is...and why it has been created...because of this bitcoin some  not users will much question why Bitcoin has making money without any hazzle...and why those  people are making controversial of bitcoin? Oh maybe they just want to hackage.
Her lack of information about Bitcoin and how it works will certainly make people skeptical to see the benefits of Bitcoin. Indeed there is influence from some media about the use of Bitcoin by hackers and illegal dealers who aggravate the image of Bitcoin. If the rate is controversial because some countries such as China, Russia, etc. prohibits trading by using a Bitcoin currency type, in fact because they are powerless to control this and how difficult to makes regulation about the implementation, i think they are not ready for this yet.
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