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Topic: WHY ARE PEOPLE STILL CONDEMNING BITCOINS - page 2. (Read 1653 times)

copper member
Activity: 336
Merit: 1
January 05, 2019, 04:23:01 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.
member
Activity: 264
Merit: 11
January 04, 2019, 11:31:09 PM
The true of the matter is that those condemning Bitcoin are corrupt people they know how bitcoin is changing the world .. lets imagine you sending $200m in fiat rate you gonna pay more than $2m as transaction fees but in bitcoin you will pay at least $100 mining fees when u send $200m worth of bitcoin ..
full member
Activity: 573
Merit: 105
January 04, 2019, 07:37:49 PM
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.
full member
Activity: 546
Merit: 100
January 04, 2019, 01:42:39 PM
Exactly, i don't know why so many people are condemning BTC, but from some point of view they have a reason, because if we think Bitcoin is present and sustains the life of a lot people and sincerely even i get angry when i see that BTC  doesn't go up and doesn't increase.

I have many friends, who do not deal with Bitcoin, but they do not condemn it and us, people that trade and invest in the cryptocurrencies. In most cases, they find it strange that we trust virtual money.
legendary
Activity: 2982
Merit: 1028
January 04, 2019, 12:37:05 PM
Thast why is natural when traders focus on price changes that are on the market, but the point is people who cannot control themselves, people who use too much capital without the right management, of course when prices break, they can only condemning and panic..
It's a common mistake for newbie, they are here to make quick money but when they experience the opposite, they easily give up.
They will learn the hard way, believe me, and they will come back strong if they will understand their mistakes.
if they use that mistake to learn more about this market, then you are right after suffering with that mistake they will be able to make things much better with their journey back, those who are willing to keep taking the risk will manage to recover their losses after some time just keep it up and trust your own assessment and enjoy the flows, there's a lots of positive things and potentials to gain along the way.
sr. member
Activity: 1344
Merit: 250
January 04, 2019, 12:35:40 PM
Of course because they feel a big loss,
the beginners are not ready to face this kind of condition,
what they have in mind is just how to get rich quick,
and when the situation is not what they expect then they cast negative issues and condemn bitcoin
legendary
Activity: 3206
Merit: 1174
Leading Crypto Sports Betting & Casino Platform
January 04, 2019, 12:20:09 PM
Thast why is natural when traders focus on price changes that are on the market, but the point is people who cannot control themselves, people who use too much capital without the right management, of course when prices break, they can only condemning and panic..
It's a common mistake for newbie, they are here to make quick money but when they experience the opposite, they easily give up.
They will learn the hard way, believe me, and they will come back strong if they will understand their mistakes.

People will always condemn bitcoin whenever the bitcoin price will fall.  People will fud that bitcoin is scam and bitcoin will be zero, whenever they see bitcoin getting dumped.  These are those people who are not the real investors of bitcoins and are here only to make quick profits from bitcoins.
full member
Activity: 471
Merit: 100
January 04, 2019, 12:15:07 PM
Forget about the all kind of people condemning because it will be never stooped until crypto currency survive.
Every good thing or bad thing people condemning involved this is dosen't matter i think.
Bitcoin project established in many countries and everybody committed with future.

jr. member
Activity: 448
Merit: 1
January 04, 2019, 12:01:27 PM
I believe the people who are condemning bitcoin are those who still live the past and have decided not to forget about it and move on with the present secondly is the government that would want to regulate the system and make out tax charge on bitcoin
hero member
Activity: 2940
Merit: 613
Winding down.
January 03, 2019, 09:06:19 PM
Thast why is natural when traders focus on price changes that are on the market, but the point is people who cannot control themselves, people who use too much capital without the right management, of course when prices break, they can only condemning and panic..
It's a common mistake for newbie, they are here to make quick money but when they experience the opposite, they easily give up.
They will learn the hard way, believe me, and they will come back strong if they will understand their mistakes.
sr. member
Activity: 1400
Merit: 269
January 03, 2019, 08:55:48 PM
People doesn't understand that the price will not forever go high as we all know that back then in 2017 bitcoin was oversold and needed a correction without any centralized system to back up the price of course a big panic sell took place as some whales were cashing out. As 2017 were a year of a big pump, 2018 was to dump and profit from gains.
hero member
Activity: 1190
Merit: 500
January 03, 2019, 08:34:22 PM
Red or green, it does not make a difference except for those who want Bitcoin as an investment.
The popularity of Bitcoin is increasing day by day, and it less linked to dark activities, so there is no need to worry about the value of the price.
So, think of it as a currency, a way to be global trade, to enter distant markets, to get new resources rather than random fluctuations.
Investing in trade without restrictions and not like gambling.
of course it's a problem, seeing the biggest bitcoin users are traders. so they will be very concerned about the current market conditions. sometimes they are angry, panicked, scared, even condemned about market conditions that get worse but it is only temporary until the price improves again..
Since that they've holds lots of their assets that's the reason why they are to concerned about the current value, each time they seen downfall panic and fear affects them to the point that they've forget about the progress, each time they've focus on how to gain profits in a short period of time.
Thast why is natural when traders focus on price changes that are on the market, but the point is people who cannot control themselves, people who use too much capital without the right management, of course when prices break, they can only condemning and panic..
sr. member
Activity: 952
Merit: 308
January 03, 2019, 10:11:51 AM
Knowledge of bitcoin that makes these people more consider bitcoin, for people who are knowledgeable about bitcoin they certainly don't think long in compiling their investment strategy in bitcoin.
full member
Activity: 476
Merit: 102
January 03, 2019, 08:59:55 AM
Yes many will still be negative on bitcoin especially those who do not understand this technology that will soon revolutionize how people do their daily transactions. In my family and relatives that is large in numbers I am only the single one who is appreciating and learning about bitcoin, their knowledge about bitcoin is it is the devils money but they do not understand that bitcoin is a technology just like what they are using daily like their smart phones and computers.
member
Activity: 303
Merit: 12
January 03, 2019, 08:43:22 AM
maybe they are still considering this because some of them have already invested in bitcoin which used to be believed by their money as an investment that can be said to be profitable before, because now the price of food is declining they consider this to continue or stop.
member
Activity: 308
Merit: 10
bokser
January 03, 2019, 08:32:00 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 have not even heard that Mercedes accept bitcoins for their goods. very interesting. you will need to spend your bitcoins when they grow in price for something like that.bitcoin investment is risky-I will not get tired of repeating this
newbie
Activity: 31
Merit: 0
January 03, 2019, 08:20:36 AM
Because some people are using it to get money from other people. Sad
Making it's image not really likeable.
copper member
Activity: 210
Merit: 2
www.daxico.com
January 03, 2019, 08:04:21 AM
Ignorance is key factor about the revolution of the blockchain industry , many countries especially the Africa countries are yet to embrace the digital era of the earth. Even in the crypto space many don't really understand how bitcoin works and also lots of individual tag bitcoin as a Ponzi scheme.last but not the least due hacking activities that affect traders and investors out of anger hate bitcoin because their hard earned money was unrecoverable.in my opinion  these are the reasons why people still continue to condemn bitcoin which is not good for the development and adoption of bitcoin
newbie
Activity: 32
Merit: 0
January 03, 2019, 07:36:55 AM
Because a lot of people are receiving a lot of bad information about Bitcoin.
member
Activity: 616
Merit: 30
January 03, 2019, 06:42:56 AM
The owner of bitconnect.com got arrested in India for $13 billion ponzi scheme using bitcoins. Rich Scammers are using bitcoins for ponzis and illegal activities
So whats the connection of that stupid bitconnect scam into this topic?and besides all the victims of that ponzi project seems to be greedy thats why they believe a big income in exchange of small investments

Even that the bitconnect.com promises are good to he true,still many greed people invested on this

And scammes are criminals and this is not a bitcoin problem so why would we blame bitcoin
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