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Topic: Statement against people who say Bitcoin is a Scam - page 7. (Read 851 times)

sr. member
Activity: 1176
Merit: 301
It all depends on the person .
If I know that he is a closed minded person then I would just ignore it we couldn't do anything to them they already made up their mind.
But if I think that they just think of it as a scam because of their ignorance or lack of knowledge about crypto then it would be worth it to correct them and tell them how Bitcoin or crypto really works.
jr. member
Activity: 387
Merit: 2
I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
Why is investing in bitcoin be considered a fraud and if any one claim these they know anything about bitcoin.

on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
If you think that their opinions are right then why you cannot justify that statement  Roll Eyes.

what do you think about finding people like that and how will you react to them?
You cannot do anything for people who think like that and it simply because they are not interested in understanding the facts and hence there is no point is making them understand anything.
I cannot assume that their opinions are correct or blame their statements.
but if you ask why I say that, I have several reasons. one of which (which I see in my area) is because the spread of education about bitcoin is still lacking, most people here use smartphones only for social media, buy goods, or watch YouTube. without him they find out about technology, finance, or learn new things using the internet.
As for the seminar, it is still lacking, only in certain areas that always conduct seminars on blockchain education.
so for that reason I cannot justify or blame their statement.
sr. member
Activity: 1246
Merit: 285
what do you think about finding people like that and how will you react to them?
Actually I don't really care, I just feel sorry because those who "don't accept" the existence of bitcoin miss an easy opportunity with high potential to make money. We who already understand the cryptocurrency ecosystem, surely know that this is very satisfying, so easy that even with the ability to write we can earn money, even just by playing games we can make money.
Sometimes I also regret that media reports that are too hyperbole illustrate the risk of investing or trading with bitcoin. Isn't that a natural thing? The risk of loss is always everywhere, we cannot avoid it, we are only able to study more seriously to reduce that risk, with analytical techniques.
So my advice, to anyone who underestimates or hates bitcoin and cryptocurrency in general, come on be more open, lest you regret having wasted this great opportunity.
hero member
Activity: 1400
Merit: 505
I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
Why is investing in bitcoin be considered a fraud and if any one claim these they know anything about bitcoin.

on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
If you think that their opinions are right then why you cannot justify that statement  Roll Eyes.

what do you think about finding people like that and how will you react to them?
You cannot do anything for people who think like that and it simply because they are not interested in understanding the facts and hence there is no point is making them understand anything.
full member
Activity: 634
Merit: 118
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what do you think about finding people like that and how will you react to them?
I am really glad to meet people like this. and this happened to me. last year when I was hanging out with an old friend, there was one of my friends talking about bitcoin (only he started to know bitcoin, my other friends didn't know what bitcoin was). he thinks the same as you said, that bitcoin is illegal, prone to crime, investing at a very high risk (i dont know from where he get this news). after he finished speaking, then immediately I invited to debate about his statement. many of his statements that I refute by taking from several bitcoin news sources, including this forum. but surprisingly, a few months after the meeting when we were reunited, my friend actually started actively trading cryptocurrency (especially bitcoin). even now he is actively contacting me just to ask what coins have the potential to increase Grin
legendary
Activity: 2310
Merit: 1035
Not your Keys, Not your Bitcoins
Well, this is a very vast topic and we can discuss about it for ages, but it all comes up to this. Wherever you hold your assets there is a risk you have to take. If you hold cash under your mattress you need to take extra house security measures that thieves won't broke into your crib. If you hold them at bank it is a safer choice, but you still just hold cash - which is a risk due to inflation. The bitcoin blockchain has resisted the test of time so far as there were no major hack that impacted the network. Same with crypto as with the fiat - you need to take security measures like keeping your BTC on a paper or hardware wallet that is not connected to the internet or trust a third party with cold wallets to hold your belongings.
sr. member
Activity: 2366
Merit: 448
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Basically those who think or say that bitcoin is a fraud because they are not based on knowledge of bitcoin and the function of the blockchain, and if bitcoin is considered risky, it still makes sense because investing anywhere there will definitely be risks.
just ignore those who say bitcoin penipun because basically they do not want to be involved in it which makes negative judgments about bitcoin, and if they are involved they will realize how good and safe bitcoin is.
hero member
Activity: 2114
Merit: 619
I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.

what do you think about finding people like that and how will you react to them?
I recently saw a poster from 1900s when even electricity was criticised by many people because the wires could lead to shocks and accidents. People didn't want to use them but can you even imagine a life without electricity today? Same is the case with Cryptocurrencies because people still are confused about this technology and with time if there are benefits of Cryptocurrencies then they will get absorbed in our lives pretty quickly and easily.
legendary
Activity: 3542
Merit: 1352
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I usually don't respond to such things knowing that I have already benefited from bitcoin and have proved them wrong on my own. Usually those people saying negative things about bitcoin being scummy, full of hackers and has a high risk of losing money are those who aren't invested in anything at all or are puppies of the current system that they so do love even if they are being cheated and fooled in the light of day. Ignoring the naysayers and proving your point by indirectly responding to them through your own profits and gains is much, much better than arguing which is which.
sr. member
Activity: 1064
Merit: 265
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I faced this situations with few of my friends. They always Against bitcoin / blockchain. I tried to Teach them what is blockchain and how it works.but they tried to teach me that i am wrong 😂
I proved them in many ways that blockchain technology will change the economy. But after telling and providing some article link few believed and few Against blockchain.but it doesn’t mattet who believe in bitcoin/blockchain or not. I believed in bitcoin.         
hero member
Activity: 1176
Merit: 509
I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.

what do you think about finding people like that and how will you react to them?

What others are saying shouldn't matter. What should matter is what you believe in. Just like in religion. Many are claiming that they are the children of God but no one wants to go first to be with their God. Lol. Each of us have different beliefs and we need to respect each other. If they don't believe in Bitcoin, so be it. As long as you have faith on it, that is important.
legendary
Activity: 2954
Merit: 1153

what do you think about finding people like that and how will you react to them?

I don't need to react to them.  These people have already decided to go against Bitcoin so anything you tell to them will just be in vain.  It is better to just ignore them and instead show them the fruit of what you  believe in.  It is the best way of explaining anything, besides action speak more than words and specially if it has a great result.
legendary
Activity: 2282
Merit: 1041
There are always people who doesn't feel like bitcoin to be the next big thing in this world. If i ask them what could be a bigger technology than blockchain, they can't as well think of any.  That should be their case when they know nothing about investing as well not even on any market. these are the kind of people who only thinks property and gold are the real ones. And it always end up with the argument like what if internet goes down. But i don't see that coming as well since the banking system also now is relying to Internet.

But what I do is show them the price of bitcoin since the start as its less than $1 and then look at what is its price right now and then tell me if its a scam.




newbie
Activity: 15
Merit: 3
I ask them why. If they give a sorta long reasonable response, then I follow up what other information they know. Then I ask again why.

You can wing it from there and find out if they are just venting or ranting but not really interested in the technology.

As Satoshi put it "If you don't get it or don't believe it, I don't have time to try to convince you, I'm sorry."
legendary
Activity: 2968
Merit: 3684
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Any kind of investment is risky, and any kind of digital means of storing information (which, really, is what owning or having control of Bitcoin is, in a way) opens you to hacking risk. That's actually just normal and not in any way unique to Bitcoin.

What IS unique to Bitcoin to me is, and this is if you use it the way it's supposed to be used, that once you've lost access, there's simply no way of recovering it since no one else should ever have access to it.

It's more secure in that sense, but there is that 1 risk of you being the sole point of entry, if you die or lose access. That's the end of it.
hero member
Activity: 1932
Merit: 506
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I always find people who think that Bitcoin or cryptocurrency assets are busting money and sometimes there are people who always assume that investing in bitcoin is fraught with hacker risk.
on the other hand I cannot assume that their opinions are wrong, but on the other hand I cannot justify their statements.
I always think that people who have opinions like that are people who don't really know about blockchain technology, or they just read from one of the articles that happens to provide news about a "dark" case in bitcoin, so they often assume that bitcoin is a range against hackers and scam.

what do you think about finding people like that and how will you react to them?

This is very interesting statement, if they say that bitcoin is vulnerable to hacker risk then do they think that there money in the bank are 100% secure.  

Most of the people who don't understand the blockchain well will surely say this kind of statement but we cannot blame them as we cannot deny that there is a risk in placing your money in bitcoin or any crypto currencies. If I can find a people like this, there is only thing that I can say to them. Try it and see for yourself how secure it is if you just follow how to protect it and how beneficial it is especially the profit that they cannot get in storing their money in the bank.
jr. member
Activity: 387
Merit: 2
It will be hard for us to convince people who are close-minded to believe in the positive effects and advantages of blockchain technology. We can't blame them since there are lots of people who are using crypto to scam and spread fraudulence. Let crypto speak for itself since it has proven a lot and has passed all the tests of time. Those people who are still doubting about it will realize that crypto isn't a scam when they witness the capability of the blockchain technology to change the economic situation of each country.
yes, just like me who initially didn't really believe in bitcoin in 2016, and when I saw the price of bitcoin go up slowly I started feeling very sorry at that time
jr. member
Activity: 387
Merit: 2
i have never seen anybody say that genuinly. people who say it are either FUDsters trying to manipulate the minds of newbies for their own benefits or are newbies who are repeating something they have heard by the brainwashers.
in some cases when they say it they are targeting the altcoins which makes sense as a lot of them are indeed scams created for fast money grabs from the newbies who don't know much.
Yes, sometimes I see that most groups on Facebook always tag and make people use their references (especially in the groups I follow), I don't blame them, but most of what I see they give references to websites which can be said to make personal profit.
sr. member
Activity: 1190
Merit: 306
what do you think about finding people like that and how will you react to them?
I wouldn't normally find people expressing that opinion in my everyday life and if I did, I'm not sure I would do anything to try to convince them.  When I first heard of bitcoin I had the feeling that it was a scam, or at the very least that it would become worthless.  It seemed like some magical internet money, which is how it probably appears to people just finding out about it now.

Let people think what they like, because there are always going to be skeptics about crypto and people who will never get into it.  That's OK.  Bitcoin is certainly not a scam, but it's the kind of thing where you either fall in love with it or never end up understanding it and never use it.
sr. member
Activity: 1596
Merit: 335
It will be hard for us to convince people who are close-minded to believe in the positive effects and advantages of blockchain technology. We can't blame them since there are lots of people who are using crypto to scam and spread fraudulence. Let crypto speak for itself since it has proven a lot and has passed all the tests of time. Those people who are still doubting about it will realize that crypto isn't a scam when they witness the capability of the blockchain technology to change the economic situation of each country.
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