Why are so many people against bitcoin? - page 101.

Soranith

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Quote from: BeGoods on November 30, 2017, 02:53:12 AM

Quote from: simplejg on November 29, 2017, 11:19:01 PM

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

I also believe that government main reason why they don't want bitcoin because they won't be able to control the money of people they won't be able to know how much someone is earning. So it will be hard for them to track everything and make people pay the exact tax not unless we are honest enough.

wormgummy019

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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?

For me, I think the reason why until now there is so many people who are against or does not believe in bitcoin is because maybe before they have a bad experienced in online money, token or crypto currencies that they invest their money but didn't grow or increase despite it gone like a bubbles because it is fake. Therefore, they don't want to invest again in any crypto currency or online money.

olliepearl

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Not all people againts bitcoin. They are just not interested in what bitcoin has. And maybe another reason is that lack of knowledge about bitcoin. But if they give time and read more articles about bitcoin, they will like it and have an interest on it.

LigwagGanern

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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?

I think the reason why there is so many people against bitcoin because maybe until now their minds are close in online business or crypto currency. And maybe before they have an experienced about online business or online money but they failed to it. They failed to grow it because they try the fake token or crypto. But if there is someone who knows a lot from bitcoin that can explain to them ehat are the good things that can do with bitcoin. Maybe their mind were enlighten to it.

nemesis_

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Since bitcoin is a worldwide cryptocurrency and payment system where the transactions take place between users directly, the transactions made cannot be traced. Therefore, some transactions may not be safe. It can not also be controlled by the government.

Hasan_MSH

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Not at all, But some dude against bitcoin. Because of there believe and lack of knowledge about cryptocurrency. There also have lack of security and no volume limit for trade. I think that is why people can't take it easily. This is a virtual and pair to pair trading. So many people are involved here now.

livingfree

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Hire Bitcointalk Camp. Manager @ r7promotions.com

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?

Many people are against with bitcoin because the word scam is already marked on their head. They are afraid to take a risk, they are afraid because of what they are hearing from the media that bitcoin is a risky investment. Media doesn't really know what bitcoin is all about. Poor community, they've lose a lots of opportunities and chances.

Spoetnik

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FUD Philanthropist™

Quote from: BeGoods on November 30, 2017, 02:53:12 AM

Quote from: simplejg on November 29, 2017, 11:19:01 PM

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

Before you commented going back 2 pages until i commented all i seen was the same repeated dumb comments by 3 post noob accounts.

You made a fair point i think and i highlighted it pretty clearly on my last post.
If you read the Coinbase link i posted it said.. $20,000
Why ? Why that amount ?

AML / KYC laws investards.

..which yes, if of course a "control" issue.

You dumb fucks in crypto were not suppose to create "exchangers" then hand your fucking picture ID over to them.
You missed the entire point of Bitcoin and crypto currencies.

You noobs can spout off what ever dumb ass fucking bullshit you want.
But !
You are all forking over your info and playing along wit the rules..
Or YOU WILL be dealt with by the authorities.
You *WILL* be chanting no laws from behind bars or in court.

Govt's are not afraid.. you are.
If they want to they will handle your ass.
I warned you all long ago.. and what you did is make the scene far worse.
Why did FiNCEN fine Ripple ?
Why did the SEC put out an investor fraud alert about "coins" ?
Why did you all start supporting MLM coins ?

You are begging to get the hammer and here it is.. it's coming.
Enjoy. Cheesy

randal9

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people see risks and unreliability and this plays the more important role than having the opportunity to make good money...everyone has their own priorities

BeGoods

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Quote from: simplejg on November 29, 2017, 11:19:01 PM

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?

It's the thought of them (the govt, others in power) losing power and losing their control on markets.

I think one of the reasons why governments against bitcoin is because they have no control over bitcoin. bitcoin have decentralized let alone the user becomes anonymous of course the government will not be able to control the user and of course it will have a bad risk for the economy of a country. I think that's what makes the government against bitcoin

OneSortieMan

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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

Aleksabit

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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

Saiful Islam777

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I think someone is not against Bitcoin. Those who fail to master special knowledge about Bitcoin or do not know how to do that bitkayake, move away from it. I think it is possible to make good returns through transaction if you know all the information related to Bitcoin.

newgal2017

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They hate scams specially through the use of technology, the internet. Given the fact that bitcoin takes place into that category, they assume that it's one of many variant of scams. In addition, its legality under the government is still questionable and so people question it too.

Bryan13

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Because they do not know yet what is bitcoin, or how bitcoin works. If they will just read or learn about it, i think they will not against about bitcoin.

DRAWDE_3691

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Decentralized Escrow currency for Crypto world

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?

Insecurities is the first word I think of, maybe, the fact that BTC is just in there and so many is benefiting from it and getting more than them. One more is, they are the people who regrets the decision they had made long time ago about bitcoin, they could not accept the fact that they have done a big mistake.

igybadger

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We all know why central banks are so against bitcoin & all other altcoins, those of you who dont know, its because people are rejecting the printed notes made by banks and are adopting these cryptocurrencies.

kalph22

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Yes, There are a lot of people against bitcoin, because they were scared of the money that they may invest be scum. Maybe they heared in news or other people that bitcoin is a risky investment and they just lost money. That's what I think they were against bitcoin. If maybe they try bitcoin or research a lot, maybe they will change their mind that bitcoin is a good investment of money and time.

Potchi

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Quote from: patz22 on October 15, 2017, 06:12:20 AM

Yes, There's still a lot of people who are against or do not believe in bitcoin and what I think of is - it is because of the risk of security. I even tried to discuss this with my friends at work and they do not believe that they can earn money in bitcoin even without any investment.

Yes, people are afraid of it because of what theyve been hearing from other people and media who truly not know what bitcoining really is. There are people that are hard to convince not until they experience it. So i think, if these people who are against of bitcoin will know how to use it and will gain many opportunities from it, i think this bad idea that the bitcoin has will slowly disappear.

diegodos

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Quote from: Gudhal Untu on November 30, 2017, 01:04:53 AM

The presence of bitcoin brings great blessings to many, but not a few are threatened by the business because of the presence of bitcoin, most of them are from financial institutions such as banks.

The banking system is also affected. Since banks are for the most part live off the contributions of people of whom he pays a salary to its employees, maintains offices and more. So more and more people withdraw their deposits, as the Bank can offer only 5% per annum, and the bitcoin is growing annually by about 10 times. Sooner or later it will affect the banking system, I think.

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