Why are so many people against bitcoin? - page 106.

valentine401

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Quote from: Edrian on November 26, 2017, 05:19:50 AM

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?

Lack of understanding about bitcoin. When it comes to money, people trust is way to hard to get, some of them automatically think it was some kind of fraud. I also agree that other people accept the fact that they are too late to invest, for reason that bitcoin now is soaring high it was $8250 already and the price is kinda expensive. Another one I agree with is the innovation, some people especially the bank and the governments are not ready to accept the possibilities that bitcoin is going to be the official currencies in the near future they are afraid that someday fiat will be taken over by BTC.

Yes that's right, Lack of understanding is one of the biggest point why bitcoins are being refused of the other people to invest. In my opinion maybe when there is a good orientation of bitcoin or seminar then some of the people might convinced to invest in bitcoins.

Genosx

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Some people against to the bitcoin because they are have no knowledge what bitcoin is and the diversification or the culture where other people live is also a factor.

Edrian

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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?

Lack of understanding about bitcoin. When it comes to money, people trust is way to hard to get, some of them automatically think it was some kind of fraud. I also agree that other people accept the fact that they are too late to invest, for reason that bitcoin now is soaring high it was $8250 already and the price is kinda expensive. Another one I agree with is the innovation, some people especially the bank and the governments are not ready to accept the possibilities that bitcoin is going to be the official currencies in the near future they are afraid that someday fiat will be taken over by BTC.

HasHe

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I think that most of the people who are against bitcoin are the bankers and officials belonging to financial firms and government sectors.They are already upset with gigantic growth of bitcoin and they have started to face loss in their revenues.They express their views against bitcoin by tweeting and by spreading FUD against bitcoin.Some people are illiterateand they actually don't understand the technology behind bitcoin.So,they just blindly oppose bitcoin

soljal543

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I think it's fear of the price

diegz

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Quote from: wjchong on November 26, 2017, 01:46:50 AM

Many people are against Bitcoin because they afraid to invest money on it because the rate of Bitcoin is not stable. And also many people don't want to understand about Bitcoin because it is a virtual currency and people don't have faith on it.

Is there a connection between volatility and the resistance/refusal of users to use bitcoin? I think there is none. I do believe that some of them are victim of scams in the internet already, some also keeps on listening to hearsay, when someone told them that bitcoin is a scam, and some really just don't have a knowledge about this thing, that is why they are against.

Those that don't have any knowledge about bitcoin should be educated by those who know, otherwise, they will always believe that bitcoin is something that they should avoid.

wjchong

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Many people are against Bitcoin because they afraid to invest money on it because the rate of Bitcoin is not stable. And also many people don't want to understand about Bitcoin because it is a virtual currency and people don't have faith on it.

A Feeder

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They fear bitcoin because they dont know anything about it. Its potential, its innovative characteristic, and its versatility.

tmawheba

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Bitcoin is for the person who is smart enough and who like to make money with brains not by sweating out. So people who are against bitcoin are not smart enough. They don't know what is cryptocurrency and how it works. They just cannot feel the paper currency in their pockets which they are used to for their whole life. So they are not actually against they are not clear as to how it works and may be don't want to understand.

vina.lugtu

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Those people against bitcoin don't know how it works. How bitcoin help other people in so many ways. Lack of knowledge and information or not interested about it.

mobilazy

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I understand them, so difficult to believe that somebody could make that much in so little time. But hey, their loose is our gain! More demand, higher price to buy BTC. Eventually demand will be so high and all early adopters will see profits which now only few people get. It could be an also sour grapes, not so many could spend few grand on bitcoin.

Marrionbitcoin

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Quote from: chip211 on October 15, 2017, 06:16:27 AM

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?

Simply because you can not buy it at a high price, it is obvious that you are against it. Lower the cost and buy it at a cheaper price Why not? And what china did with bitcoin is a good example.

Maybe many people are against Bitcoin but there are much more people who like Bitcoin. In my opinion, they are scared because they are not really into it and newbie also they don't have the idea on how it works on how to earn money. However, many people as they do trading in Bitcoin, it changes their lives and until now they are earning more and more because the price now is too high. Trading is always accompanied with risks that you cannot mitigate it. The more risk you take, the more income you will take as well. Don't be scared trading Bitcoin, million people are also taking risk. Just always look at the brighter side of trading Bitcoin.

Gaff

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Quote from: Gintama214 on November 25, 2017, 10:47:30 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?

Probably, the idea of that people doesn't understand what bitcoin is and what it can do. People should be more understandable and be more curious on what are the positive things that it can help us than thinking of the negative things that which make them feel that bitcoin is not safe and it is dangerous. The reasons also behind this is that news, bank companies and any other online websites that are against with bitcoin spread a fake new around the globe and that manipulates the people of thinking the only negative side of bitcoin. There are many things that we can do with bitcoin and we just think of the advantages we can do and help each other to prevent bitcoin with the wrong hands.

In my opinion, I guess they are not informed about this kind of job. They always think that this work was just last in a short period of time thats why they wont continue to study about this. There are many reason why they were against of bitcoin. There are some people who works in here didn't inform others about this. They dont know that by holding bitcoin they have a lot to do about this. I guess we must not spread yet the news about bitcoin for us to avoid this into a wrong people.

hybie22

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There are so many people who are against bitcoin because they don't know how bitcoin will help them in their finances.

Obama07

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There are many resin to some people against bitcoin . If someone have won coin he will be against bitcoin and who don't know about bitcoin he against bitcoin.

rasmadisulaiman

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Some people or bodies against bitcoin try to influence bitcoin prices so the price goes down, when bitcoin prices go down, those against bitcoin will buy bitcoin. That's their goal against bitcoin.

GalahadSeika

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I guess people are against bitcoin in many ways but I can only presume few like they are not open minded and not open for innovation, some stick do what they do, some fears bitcoin because of scamming and the chances of being hacked because it is online. Yes, excatly it is the innovation that scares them people nowadays stick to what they know and become close minded person unlike in the past people are so volatile and daring to explore. I guess they made a way or changes for the money not to go into wrong hands whoever started this bitcoin anticipated this of course and made preemptive methods to counter it.

Gintama214

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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?

Probably, the idea of that people doesn't understand what bitcoin is and what it can do. People should be more understandable and be more curious on what are the positive things that it can help us than thinking of the negative things that which make them feel that bitcoin is not safe and it is dangerous. The reasons also behind this is that news, bank companies and any other online websites that are against with bitcoin spread a fake new around the globe and that manipulates the people of thinking the only negative side of bitcoin. There are many things that we can do with bitcoin and we just think of the advantages we can do and help each other to prevent bitcoin with the wrong hands.

2fresh

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It's always hard to gain widespread acceptance for something like bitcoin, but when it finally does it will be like the internet. Nobody can be without it no more Wink

L00n3y

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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?

Ignorance that is why. These "many people" lack the knowledge and information about bitcoin. People who are lazy and stupid enough to know what bitcoin has to offer them.

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