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Topic: WHY ARE PEOPLE STILL CONDEMNING BITCOINS (Read 1652 times)

member
Activity: 434
Merit: 10
January 13, 2019, 09:46:05 AM
The advantages of BitCoin as a payment tool are its simple and concise nature. Bitcoin is a person-to-person transaction tool and only people who hold it can use it. In addition to using it, we do not need to include personal information such as bank currency or other online transaction accounts. This certainly provides information security from the owner.
hero member
Activity: 2646
Merit: 686
January 13, 2019, 09:58:52 AM
in my opinion, one of the reasons people still go against Bitcoin is lack of understanding of the concept of this digital asset.

Again they are scammers everywhere in the  crypto world stealing money from their victims  in the process of trading cryptocurrencies, this again might contribute to the doubt people have against the goodness of Bitcoin and the general use of digital currencies.

Hey you’re absolutely correct as even after 10 years people are yet struggling to understand it, and the common mentality is what you can’t understand is a scam. I also feel that media and the government have instilled fear in the minds of people, that terrorists are using it to carry out transactions which also keeps people away. It’s also pertinent to note that bankers have mixed hands with top analysts, to make negative statements to dissuade people from using it as they know bitcoins is cheaper and better.
sr. member
Activity: 777
Merit: 251
January 13, 2019, 09:56:29 AM
BItcoin is getting better and popular. As a matter of fact, so many gaint companies and industries are chipping in bitcoin and its activities into the operation.
It might interest you note than Mercedes Benz, BMW, Samsung, TECHNO and APPLE are all accepting bitcoins for their products.

Bitcoin is growing stronger, lets forget about the red on the market. WE WILL SEE GREEN SOON AND IT WILL BE ALL SMILES.

I might absolutely agreed on you into that kind of explanation of yours. For us not to get frustrate and disappoint into what happen in the market, let us look at the good side of it on Bitcoin. Those are the bigger companies that so far are now accepting the features and the blockchain technology to their own business company. And we didn't notice that one day green in the market will happen. Cheesy
member
Activity: 454
Merit: 13
January 13, 2019, 09:35:17 AM
why people condemn bitcoin because somebody else thinks bitcoin is a scam that is their big mistake and others just say they do not know what bitcoin really is how to play it

Maybe they don't know the true story of bitcoin that's why people condemned bitcoin and they say that bitcoin is scam and this is big mistakes for them cause bitcoin is big help for there economy and give them income.
Well I am not so sure where the income is coming from unless you are talking about mining which in itself also needs a big outlay to buy the hi tech rigs required to carry out the mining in the first place.
legendary
Activity: 2128
Merit: 1775
January 13, 2019, 09:27:17 AM
For my opinion Bitcoin is currently on the rise, even though the price is currently falling, how come?
Over the past 10 years, the price of Bitcoin has gone up by 20. 500 and even more, the price trend this year is up / down.

No wonder many people are competing to invest money in this one instrument.
There are also many advantages of Bitcoin which is an attraction for investors, for investment, including:

1. Bitcoin Easy Exchange tool in transactions anywhere.
2. Anonymous from security,
3. Hard to Track,
4. The amount is limited to only 21 million pieces.

Well, so it's not strange that there are many investors who want to invest in Bitcoin?
member
Activity: 322
Merit: 10
January 13, 2019, 08:56:19 AM
why people condemn bitcoin because somebody else thinks bitcoin is a scam that is their big mistake and others just say they do not know what bitcoin really is how to play it

Maybe they don't know the true story of bitcoin that's why people condemned bitcoin and they say that bitcoin is scam and this is big mistakes for them cause bitcoin is big help for there economy and give them income.
When one is popular like bitcoin ,even if it mske good things to the people ,but it is normal that it can not please everybody ,so for people who are not in favor of bitcoin and cryptocurrency will be condemning bitcoin, but for us who already know the concepts of bitcoin are trusting and supporting bitcoin.
jr. member
Activity: 213
Merit: 1
January 13, 2019, 05:43:48 AM
The only truth here is that everyone cannot be on the same page in any argument. Exactly the same applies to the cryptocurrency debate. "Is it here to stay or is it just passing through". These arguments have existed as long as blockchain technology has been around.

I think people tend to condemn blockchain technology simply because of their ignorance and false news that keeps spreading. The high incidence of fraud is also a major contributing factor when you see people speaking negatively.

jr. member
Activity: 840
Merit: 3
January 13, 2019, 04:59:24 AM
 in my opinion, one of the reasons people still go against Bitcoin is lack of understanding of the concept of this digital asset.

Again they are scammers everywhere in the  crypto world stealing money from their victims  in the process of trading cryptocurrencies, this again might contribute to the doubt people have against the goodness of Bitcoin and the general use of digital currencies.
sr. member
Activity: 826
Merit: 265
January 13, 2019, 04:03:29 AM
BItcoin is getting better and popular. As a matter of fact, so many gaint companies and industries are chipping in bitcoin and its activities into the operation.
It might interest you note than Mercedes Benz, BMW, Samsung, TECHNO and APPLE are all accepting bitcoins for their products.

Bitcoin is growing stronger, lets forget about the red on the market. WE WILL SEE GREEN SOON AND IT WILL BE ALL SMILES.
Those who are condemning bitcoin are the people that doesn’t know about cryptocurrency instead they are being encouraged by someone to invest because this community will bring them fortune and turns them to become a millionaire..

And this stupid idea is the reason why they are now in hard feelings toward bitcoin and other cryptocurrency because of the failure this brings to them
member
Activity: 648
Merit: 10
January 13, 2019, 03:20:27 AM
Many people keep trust and always want to make investment at bitcoin, they are always want to get profit with bitcoin or altcoin investment, so far we got many investment kinds but only bitcoin have easy and fast way to get profit in investment.
full member
Activity: 217
Merit: 100
January 13, 2019, 02:56:29 AM
Bitcoin is growing stronger, lets forget about the red on the market. WE WILL SEE GREEN SOON AND IT WILL BE ALL SMILES.

this is exactly why the price is not rising yet. it is because all you care about is that fiat you so love and want to increase. you talk about bitcoin's adoption as a currency, you talk about the technology,... but in the end all you care about is profit on your fiat. and that is why price doesn't rise because if you believed in what you said here then you would have been spending bitcoin, encouraging businesses to accept bitcoin all around you,... instead you are waiting for a rise to sell your bags and be rich.
Bitcoin prices are moving slowly and people think it will die in the future but really investors like we know how Bitcoin is moving. People still invest in bitcoin, investing in the crypto market one day more and more.
sr. member
Activity: 1428
Merit: 251
January 12, 2019, 07:37:30 PM
there are two type of people that condemn bitcoin. People that see bitcoin as a threat to their business while the other group of people are those that have bitter experience about cryptocurrencies. when you watch closely about people that speak bad about crypto, you will discover that they are doing so for their selfish interest. Some countries have even reveal the truth about why they are banning and this is because they can not tax people with huge amount of money in crypto. well this is understandable but they should have consider the adoption of underlying technology of the coin which is blockchain

I am agree. People who condemn bitcoin must be their bussiness threaten by bitcoin and cryptocurrency. But if they can adapting with technology, bussiness can growing faster if they accept bitcoin for payment. Many government ban bitcoin because government can not control it
member
Activity: 406
Merit: 10
January 12, 2019, 04:18:57 PM
Bitcoin is a unique and completely new phenomenon even for our digital 21st century. That's why so many people deny it, it's too innovative for us and maybe even ahead of its time.
full member
Activity: 602
Merit: 100
January 12, 2019, 04:11:09 PM
It doesn't matter how many people condemn bitcoin. The main thing is that the very technology developed and strengthened in the world, and then more and more people will eventually understand that they are in vain skeptical about it and it should be used for safe payments and profitable investment.
member
Activity: 378
Merit: 10
January 12, 2019, 04:01:44 PM
Someone just does not understand bitcoin, someone sees it as a threat to the state economic system, someone just skeptics. All people are different and all have their opinion in relation to bitcoin, this is normal. Still, this technology continues to spread around the world.
full member
Activity: 527
Merit: 101
DIA | Data infrastructure for DeFi
January 12, 2019, 03:16:23 PM
Condemn bitcoin those who still do not understand what this technology is and why it was created. But it is worth a little more time to devote to its study and it becomes clear how this is a profitable and useful invention.
full member
Activity: 1498
Merit: 129
January 07, 2019, 09:30:12 AM
there are two type of people that condemn bitcoin. People that see bitcoin as a threat to their business while the other group of people are those that have bitter experience about cryptocurrencies. when you watch closely about people that speak bad about crypto, you will discover that they are doing so for their selfish interest. Some countries have even reveal the truth about why they are banning and this is because they can not tax people with huge amount of money in crypto. well this is understandable but they should have consider the adoption of underlying technology of the coin which is blockchain
jr. member
Activity: 644
Merit: 1
January 05, 2019, 08:12:21 AM
Among my friends there are also skeptical people regarding bitcoin. Especially, their negative increased when the price of bitcoin began to fall. But I don't judge them and don't persuade. Everyone has the right to their opinion.
sr. member
Activity: 812
Merit: 251
January 05, 2019, 07:27:07 AM
Based in my observations from the comment of people to bitcoin, they started condemning it when its price went lower and lower. We should have the knowledge that bitcoin is very volatile. We should learn to wait for the right time to sell ours when we currently hodl some of it.

Most of the people condemning bitcoin are the greedy investors who just got into it just to enrich themselves and not to sustain the technology for the future or even use bitcoin for anything and so when things don't go as expected they just try to badmouth it out of frustration, and  so  for me all well meaning bitcoiners should just ignore them and focus.
member
Activity: 322
Merit: 11
🚀🚀 ATHERO.IO 🚀🚀
January 05, 2019, 05:02:54 AM
It is my believe that those that are condemning bitcoin do not understand in the slightest term what bitcoin truly is, it's many potentials etc.
If they do they wont be on a condemning spree of bitcoin.
When you come in contact with such people, just do your part by educating them about bitcoin.
That is really the reality in this world , there are negative and there are positive , if they condemn bitcoin then that is their opinion, and we believers of bitcoin are the other part who are not condemning bitcoin but have trust in it , I can say that we are gratefull with this time that we are part of bitcoin and cryptocurrency.
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