Why are so many people against bitcoin? - page 100.

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Quote from: jonathan6655321 on October 15, 2017, 05:26:20 AM

I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

Bitcoin is very volatile and very risky thats why there are so many people who has fear, uncertainty, and doubt (FUD).

knotnissan

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Because they have been brainwashed and taught that it is a scam with all the skeptics who know nothing about it and do not care to open their minds to learn about it.

wew13

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Maybe they received the wrong information about bitcoin. People hate bitcoin cause bitcoin has a problem about it security or maybe people who hate bitcoin convinced others to hate bitcoin too.

lazaruseffect11

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Quote from: jonathan6655321 on October 15, 2017, 05:26:20 AM

I'm trying to understand why are so many people against bitcoin? is it the innovation that scares them? the feeling of staying behind? the fact that that money will go to the wrong hands?

There are some cases that people turn against bitcoin because of experience or they dont like the idea of bitcoin. There are some people who spend or invest a lot of money in bitcoin but end in losing all of that and didnt earn profit. Lets keep in mind that not all the time, we can earn profit in bitcoin. Sometimes we lose a lot and gain a lot of money. Also, bitcoin can be used to some illegal activities in the internet like buying illegal guns and drugs thats why some government in some countries already banned bitcoin in their place to prevent the increasing rate of crime because of bitcoin.

kissme09

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PayAccept - Worldwide payments accepted in seconds

Because of the high bitcoin value they may not be able to purchase it and each time the dump value of the bitcoin decreases from $ 1000- $ 2000 per dump.

ice18

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Some people are really against bitcoin but the fact is they are actually invested in it and make good profits lol and the others are afraid to lose money its risky but profitable and the best strategy is invest in bitcoin and if the value was already doubled the amount you invested you can now withdraw your initial investment and left the profit and hodl it in your own wallet for a long time.

South Park

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Quote from: OneSortieMan on November 30, 2017, 02:31:36 AM

some are probably angry that they did not get in early so they want to see it fail to mock and scorn those who where smart or fortunate enough to buy bitcoin early and had enough balls to hold on to bitcoin despite its drops.

and obviously government see bitcoin as competition for their native currency

This kind of envy is very common I remember seeing an experiment, in which a person was offered two options he was asked which scenario he preferred, an scenario where he earned double the amount of money he was earning but his neighbor earned double that amount or that both earned just 10% more and most people choose the later, instead of choosing the option that gave him the most benefit people preferred to be on the same level as someone else.

BitBenefit

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Many people are against bitcoin because they either sold to early and want the price to drop to buy again or they are trying to short it

m1c0

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A lot of my friends are against bitcoin because it has no real intrinsic value and isn't backed up. I tell them yes it has mathematics behind it which I trust more than a bank and also gold is only used as a storage of wealth. So why not use blockchain technology as it gets more and more important?
Also I think some people are just jealous because they didn't think about it or they missed the chance when they could afford some bitcoins

Spoetnik

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FUD Philanthropist™

Quote from: South Park on November 30, 2017, 02:47:55 PM

Quote from: reck1ess on November 29, 2017, 10:54:40 PM

Maybe they are not against bitcoin, maybe they only hate it for missing the chance to buy before the value gets high or if ever they are against it is because bitcoin is just a digital currency.

You must understand that most people are afraid of something that is unknown, that is a natural fear on humans and many animals, they fear that something like bitcoin is going to change the way things work around the world and that they are going to be on the losing side of the revolution.

You really believe that ?
You think people hate on BTC because they don't understand it and are afraid of it ?

I don't think very many people hate it.. the majority are indifferent.
The public has heard of it lots.. they just don't care.
It has no bearing on their life.
Life goes on for them and they gove 0 fucks about it.

Want to know who DOES hate it ?
Ask anyone who tried to send fucking money with it Cheesy

Long wait times and high fee's vs alternative methods.

kenjay11

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Actually I do not know why they do not like bitcoin and why they are against in it, but you may be right, they might just be afraid that their money will go to the wrong hands. They just need to understand better about bitcoin, because there are so many news that the bitcoin is scam even though it is not true.

robotroad

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The reason behind this reaction could be because they do not fully understand the concept of trade and investments. When a person lacks the understanding, they immediately shot the idea down.

bayong

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Well many of them will against bitcoin,maybe it is because it is scam or the don't really know about it.And i think maybe they are afraid because it is not physical.

Galahad111

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Quote from: Aleksabit on November 30, 2017, 02:30:15 AM

don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV

I actually don't know why people hate bitcoin, when in fact they can really make big money here. Maybe because they are lack of knowledge, sometimes education is important before you judge things specially bitcoin, this is really the future and those who hate bitcoin will surely use it in the future but in a higher value.

Janation

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Quote from: AshTalks on November 30, 2017, 10:55:11 AM

One of the probable reason is that bitcoin is highly volatile. People usually buy when the price shoots up hoping it might continue the trend. Then end up losing when the price comes down.

I think volatility is not that a bad feature, I think it is one of the good features of bitcoin making it a good asset for some of the people. A lot of people also was decided to bought bitcoin when they knew that the price is having a good pump. I think the most reason why people are against it is because they said that bitcoin may be a coin related to the deep web or for crimes because of it's anonymity.

This is the most answer I get when I ask some people about this, and sometimes it makes me smile how blind these people is thinking that works like that. I just answer them that it not really anonymous as they think leaving them silent and thinking. I don't know how many of them consider using bitcoin but at least I told something that they don't know.

hadisaw

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https://keepcalm.finance/

People hate bitcoin because they are afraid they can not get it, when they want to price it too expensive. And they are looking for a thousand reasons to hate bitcoin day by day.

lankyman

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there is a mixed feeling about it while there are also pretenders out there
old school new school people with those feelings

Galahad111

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Quote from: Aleksabit on November 30, 2017, 02:30:15 AM

don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV

Their brains are small and bitcoin confuses them and they get angry. When a small brain gets confused and angry at the same time it stops functioning and random emotional responses become presented as fact. The small brain tries it's very best to make sense of what is going on and believes it's own bs to the point it seems proud. Look at that Morgan guy for example. We should bit worry about these people let them stay poor and stupid and we collect bitcoin. What's the problem really?

South Park

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Quote from: reck1ess on November 29, 2017, 10:54:40 PM

Maybe they are not against bitcoin, maybe they only hate it for missing the chance to buy before the value gets high or if ever they are against it is because bitcoin is just a digital currency.

You must understand that most people are afraid of something that is unknown, that is a natural fear on humans and many animals, they fear that something like bitcoin is going to change the way things work around the world and that they are going to be on the losing side of the revolution.

AshTalks

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One of the probable reason is that bitcoin is highly volatile. People usually buy when the price shoots up hoping it might continue the trend. Then end up losing when the price comes down.

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