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Topic: WHY ARE PEOPLE STILL CONDEMNING BITCOINS - page 6. (Read 1653 times)

copper member
Activity: 74
Merit: 2
Every hit. Every miss. Every moment. Everybet.io
December 24, 2018, 12:09:02 AM
#90
People that still condemns or criticize bitcoin had no knowledge on the cryptocurrency itself and most of them got  their informations on some wrong sources. There are also reports in the media that some individuals are using bitcoin to scam people and this is one of the reasons why bitcoin is considered also a scam. The adoption of bitcoin as a currency or payment system continues as many companies or merchants around the world are now planning to accept bitcoin in the future.

Pretty much this.

The enormous majority of people simply aren't educated enough on Bitcoin, even though it's essentially the 'household name' of all cryptocurrencies. I like to believe that people in general are prone to remembering the negative headlines regarding Bitcoin as opposed to the positive. Similar to how it's easier to remember a nightmare versus a regular/good dream.

I've met people that quite literally believe Bitcoin is a scam based on ONE article headline they read. There's just so much misinformation regarding the subject- not to mention it's an incredibly hard/complex idea to wrap your head around, especially if you're a newbie.

There are lots of companies working on making cryptocurrencies more 'understandable' if you will. For example Coinbase Earn!
full member
Activity: 658
Merit: 102
December 23, 2018, 11:48:28 PM
#89
People that still condemns or criticize bitcoin had no knowledge on the cryptocurrency itself and most of them got  their informations on some wrong sources. There are also reports in the media that some individuals are using bitcoin to scam people and this is one of the reasons why bitcoin is considered also a scam. The adoption of bitcoin as a currency or payment system continues as many companies or merchants around the world are now planning to accept bitcoin in the future.
sr. member
Activity: 672
Merit: 250
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December 23, 2018, 06:52:29 PM
#88
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.

If large corporations start investing in bitcoin it will create a very good atmosphere around the entire cryptocurrency. After learning about bitcoin, an ordinary person will look for information about cryptocurrencies and find other coins suitable for him. This is a positive trend.
full member
Activity: 518
Merit: 100
December 23, 2018, 06:47:31 PM
#87
People has their own opinion when it comes to bitcoin. We  who truly believe bitcoin do not give a chance those negativity to encourage us to quit bitcoin.
Some condemn bitcoin because they do not have any idea about it. They dont know the opportunity that bitcoin can give.
jr. member
Activity: 126
Merit: 1
: ”Decentralized Digital Billboards”
December 23, 2018, 03:26:48 PM
#86
People would always share there thought about bitcoin be that as it may. There are still huge strong believer of bitcoin and the market of late now is not all that bad so this might be promising
jr. member
Activity: 331
Merit: 3
December 23, 2018, 03:20:29 PM
#85
They condemn bitcoin because they don't have the knowledge of bitcoin and the crypto-world. so it is natural for people to condemn what they don't understand.
sr. member
Activity: 1470
Merit: 325
December 23, 2018, 03:04:09 PM
#84
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.

nope bitcoins isnt getting better and popular,

you guys live in a bubble.
member
Activity: 336
Merit: 10
December 23, 2018, 02:49:08 PM
#83
Some people hate bitcoin because of how volatile especially to those who boughty in when bitcoin reach a new all time high of $19k US. Some have lost huge monies due to this dump in bitcoin price. Well i think such people should have known better as investment in cryptocurrencies is very profitable and any investment platform that offers huge returns on investment is very risky.
member
Activity: 632
Merit: 60
December 23, 2018, 02:26:06 PM
#82
Yeah. I believe in the bright future of cryptocurrency. Bitcoin is already quite firmly penetrated into our lives and soon it will be accepted as payment everywhere.
member
Activity: 420
Merit: 10
December 23, 2018, 12:15:31 PM
#81
Personally, the goal is to minimize the risk of loss from bitcoin's ups and downs which fluctuate with market conditions and provide stronger patience and trust when investing
copper member
Activity: 327
Merit: 0
December 23, 2018, 10:05:12 AM
#80
Bitcoin is risky and its value is always up and down, and it's natural for them to consider first before adopting bitcoin.
newbie
Activity: 11
Merit: 0
December 23, 2018, 09:47:58 AM
#79
I think bitcoin can continue drive progress more years even it has no legal acceptance.
hero member
Activity: 840
Merit: 520
September 27, 2018, 03:20:47 AM
#78
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.
When bitcoin was introduced a decade ago there were millions of people who were in against of bitcoin, some calling it a Ponzi scheme, some as fraud or a bubble that would burst soon and no one was ready to believe on it as it was indigestible for that how could one currency provide such a good profit as they were used to of gold investment but very few taken risk and now they are the bitcoin billionaires and now there are millions of people who are investing into bitcoin so I think now those who are condemning bitcoin are the biggest morons.
full member
Activity: 1470
Merit: 108
September 23, 2018, 07:01:21 PM
#77
Following are some reasons:

1) They did not invest in early stages and are thus jealous of early investors.

2) They do not give time understanding it completely.


full member
Activity: 518
Merit: 100
September 23, 2018, 06:40:50 PM
#76
People who condemn bitcoin did not really understand it capability to the mob. They always look at the negative side of it and never thought how it will help them. But despite of those who act negative about btc, it  increase the popularity of it.
member
Activity: 238
Merit: 10
dApps Development Automation Platform
September 23, 2018, 06:35:30 PM
#75
FUD's mostly causes bitcoin's bad reputation.

And some people takes advantage of bitcoin's technology to scam people. The typical invest a 100 earn 1000's.

It's best to encourage people to read more bout bitcoin first before investing rather than attracting th by possible huge income.
hero member
Activity: 3010
Merit: 666
September 23, 2018, 06:26:36 PM
#74
you are right, bitcoin is the best currency. there are many industries that accept bitcoin, but for that moment I think don't panic when prices are down it will only make losses ... always believe that bitcoin will improve
I know it will increase soon in the next few days.So while the price is still low,do not panic and stay calm so you will be able to think the best things to do while in dips.You can also buy potential coins depending on your budget.
sr. member
Activity: 882
Merit: 252
September 23, 2018, 06:22:59 PM
#73
you are right, bitcoin is the best currency. there are many industries that accept bitcoin, but for that moment I think don't panic when prices are down it will only make losses ... always believe that bitcoin will improve
full member
Activity: 462
Merit: 101
September 23, 2018, 06:20:20 PM
#72
because bitcoin is certainly still valuable, and the price is also so high that it makes everyone
want to have it which is then made a big profit
jr. member
Activity: 322
Merit: 2
September 23, 2018, 06:08:50 PM
#71
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.
By now, I expected the condemnations and hate speeches against Bitcoin to have stop or almost non existence due to the fact that Bitcoin adoption has continued to grow in spite of the numerous challenges.
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