How many media statements have cornered the crypto. I think it's not a serious problem. Only temporary. In fact, repeatedly Cryptocurrency in particular Bitcoin succeeds through it. This is because people's current interest in Bitcoin is growing rapidly. Jealousy by the detractors is getting bigger and the news will get scattered. However, the news is not comparable with the rapid growth of Crypto Economy.
Yes, try to calculate how many companies publish their tokens through the ICO program. Are they ICO organizers that are ignorant and careless people? No, just the opposite. They are genius and meticulous.
Topic: How to Shut Up Bitcoin Haters - page 8. (Read 1876 times)
Thank you, that is all a very good perspective!
Dispelling Some of the Most Common Arguments Against Crypto
Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.
Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.
Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.
“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.
While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.
“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.
Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.
“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.
“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.
New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.
Originally published at cryptodisrupt.com
Once in a while, every crypto-enthusiast will run into somebody who is skeptical of the industry altogether. People like this usually have never invested before, or did once but lost their money. As somebody who cares about the field of cryptocurrency and has invested several times in the past, it can be mind-numbing and frustrating to hear the opinions of people who have only ever read headlines and soundbites regarding the topic.
Make note, it is reasonable to be skeptical of cryptocurrency and present some well-researched arguments against them, but the people being referred to here are those that know very little about the industry and have no noticeable desire to get acquainted with it.
Here are some of the most common arguments you will hear against cryptocurrency (either from people you know or from news outlets) and some simple responses to them.
“Cryptocurrency is a pyramid scheme.”
Occasionally, I will run into a person who claims that cryptocurrency (or more specifically bitcoin) is a pyramid scheme and that only those who were first to the market will be able to make a reasonable profit from it.
While it is true that the earliest adopters of coins like bitcoin and ether have seen the most significant increases in their profits – this does not make it a pyramid scheme. Pyramid schemes are structured so that subordinate investors must pay or hand over a percentage of earnings to a higher level investor. This is not the case with cryptocurrency— if you head to an exchange to buy a coin, it is possible you will be buying from somebody who is at the same level as you (i.e., they invested around the same time you did). This is not possible with pyramid schemes since the only way to make money is to recruit new members. With cryptocurrency, you can trade and exchange with new or old investors. Also note, the main aim of cryptocurrency is not necessarily to get new investors since the price of a coin does not exactly rise due to adoption. Positive news regarding programming updates, partnerships, and new features can also just as quickly raise the price of a coin.
“Cryptocurrency is only used to buy drugs and launder money.”
This statement is commonly used by media outlets as a way to discredit the entire industry and the technology behind it. The best way to refute this statement is to briefly explain the nature of the blockchain and the sheer level of transparency that cryptocurrency offers. Most people who do not know anything about the industry get the impression that using this currency automatically masks your identity and your movements.
Explain to them that most coins have a global database of transactions which can freely be viewed by anybody. This, alone, is enough to discourage people from laundering money and purchasing illicit substances since law enforcement, the IRS, and other government bodies can track purchases with more ease than fiat.
“There is no underlying. value”
This is a half-truth. While cryptocurrency does not rest its value on assets like gold or land, it instead derives value from its developers and its code. Arguably, this is similar to how legal tender derives its value from its government and laws. Similar to how a decision or press conference from the President can affect the price of USD, an announcement from a lead developer can affect the price of Litecoin.
“It is too late to make money.”
I have personally found this argument to be said by people who only know of one cryptocurrency: bitcoin. Generally, the easiest way to open their mind is to show them that CoinMarketCap actually lists over 1500 coins and tokens. Of course, only a fraction of them are worth investment, but it proves that the industry is expansive.
New coins and tokens are constantly entering the market, many of which shoot up in price significantly after a while. One coin that has not had a long history, but is valued highly, is Nano. The coin only came into existence in early 2017, but in the space of a little over a year it has risen to the 28th spot. The main reason for this is the team it has and the technology it runs on. Finding a new coin with a great set of programmers and impressive code can be one way of making money in the industry. Of course, it is not the only way. The much larger coins like bitcoin, ether, and monero are still considered good investments now— this is because people still think the technology is undervalued. If that is the case, then it certainly is not too late to make money.
Originally published at cryptodisrupt.com
We can not blame them why they hate bitcoin.I think the reason why some people hate bitcoin it's because they dont have an Idea and knowledges about bitcoin. Some of them think bitcoin is a scammed. But if we are trying to help and to educate them regarding the benifits of bitcoin. I think this hater's will be glad to invest their money in bitcoin.
The best thing we can do for the bitcoin haters to be shut up is to show them what we've got in bitcoin and I think we should testify to them that we earned a lot here in bitcoin.
Why should we persuade someone? In the end, everyone will remain their own opinion and it will cost us a lot of energy and nerves. Also it's worthy to respect any opinion, if it is supported by strong arguments.
if i were you, i would just ignore them alone 
dont bother to wasting your time with them.
they only doesnt want to you make a profit with bitcoin and cryptocurrency.
We don't need to offend, just show them the proof of our profit. haters gonna hate
dont bother to wasting your time with them.they only doesnt want to you make a profit with bitcoin and cryptocurrency.
We don't need to offend, just show them the proof of our profit. haters gonna hate
I think, there is nothing you have to do to shut up the bitcoin hater because it will not make you a profit, let it be with what they do if you can prove that you succeed in bitcoin and you become a successful person then they will regret with what they have don
Haters are going to hate irrespective of what Bitcoin achieves and we can’t do anything to shut them up but what we can do is to invest and reap our profits whiles they go on hating am sure a lot have stopped the hating already and even investing because they don’t want to be left behind.
How them your income and profit from bitcoin that you can get without released some money to invest. We are a free earner from bounties like social campaign and signature campaign that pays token and can be converted into ethereum and go to bitcoin.
We don't need to shut up bitcoin haters. Because its just a waste of time if we think of them. Because those haters can't help us. So we just let them hate bitcoin.
I think, there is nothing you have to do to shut up the bitcoin hater because it will not make you a profit, let it be with what they do if you can prove that you succeed in bitcoin and you become a successful person then they will regret with what they have don
I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.
What I do to shut up bitcoin haters will not ignore other people's defamation about bitcoin focus on turning bitcoin if you know what you're doing right.
Whatever you do someone somewhere will hate you, even if you are doing just perfectly the job or the task or even inventing something someone will hate you because they missed the chance to create it or they didn't notice that if they would continue they would have the success that you got or that the project received, same is with bitcoin or any other coin as people are jealous.
I think the best way to shut up bitcoin haters is to prove that you are earning on bitcoin. When I was starting at bitcoin, there are a lot of negative comments from my friends and they were always telling me to be cautious. Only a few of them supported me and those people are investing on bitcoin as well. They are earning enough money for their needs and they never regret investing on bitcoin even if the price goes up and down.
What I do to shut up bitcoin haters will not ignore other people's defamation about bitcoin focus on turning bitcoin if you know what you're doing right.
I will not explain the details of how the work and the benefits of bitcoin. I have a simple way to keep them quiet. Simply by showing off the wealth gained from bitcoin in social media. Or slowly approach them and bust them with the money we get from bitcoin, after close enough then I will ask "so, how?"
only fools and do not know about bitcoin who hates bitcoin, there are many who misuse bitcoin for unfavorable actions such as drug sales and money laundering, if the pyramid scheme is a false story, there is no pyramid scheme in the blockchain system, there may be some which uses pyramid schemes, but the blockchain system does not. many benefits if we use a blockchain system, such as security and transaction costs are cheaper than the current system
There are many ways to make people hate the bitcoin to be silent. You do not need to spend too much effort explaining to those people. You only need to bring the money you earned from the bounty project or investment and show them. They will feel jealous and rethink the issue.
I did the same thing with some of my friends and I stunned them and did not hate bitcoin anymore. They asked me how to participate.
I did the same thing with some of my friends and I stunned them and did not hate bitcoin anymore. They asked me how to participate.
You know what, while I appreciate your utmost enthusiasm when it comes to Bitcoin, I do not subscribe with the fact that you spend time trying to win a debacle. I mean, it alone is already a chaos- why add to such? If you were to ask me, I would graciously shut naysayers off by stating factual circumstances based on data vis-a-vis the general acceptation of definitions of technical terminologies. Through it, they will be schooled on what they need to know and understand without having to argue with them. You know, arguing with them or trying to win an argument against them will only put you in the same circumstance as them hence it is not at all necessary.
What you do with bitcoins haters is that you ask them for bitcoin income and tell how much you accumulate and envy to stop him from hating bitcoin. and when he's want to pointing out what is bitcoin and not teach him so he will not know how much you earn in bitcoin and envy him.
Who people want to stop bitcoin is they not earning or what
These people can't stop bitcoin, it is getting popular with the each passing days. More and more people are investing in bitcoin.
We should not care about bitcoin haters. If they do not believe in bitcoin then don't because it won't affect in our earnings and we are just wasting time arguing with them about bitcoin.
The best way to shut up those who hates on bitcoin is show them your bank accounts lol. Jokes aside, haters are gonna keep on hating on things that is big or successful that is why they hate bitcoin because they never thought that it will reach this lind of heights and garner this attention. For me, just let them continue on hating while I am here continue making money.
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