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Topic: Why are so many people against bitcoin? - page 117. (Read 19333 times)

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November 20, 2017, 07:41:45 AM
I think many people doesn't really know that bitcoin has a lot of benefits that's why they are against on it.
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November 20, 2017, 07:39:43 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?

People against in bitcoin because they think that it is not trusted. Maybe they experienced to be scam before. We cant blame them because some of money through social media was scam. Also maybe because they are afraid to lose their money when they invest here because the price of bitcoin was not stable and it change every seconds.
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November 20, 2017, 07:37:44 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 that some people are just not for innovation. They find it difficult to accept something new and change. For now, I think we should leave them alone because eventually they'll come to their senses and realize what opportunity they are missing in their lives. We must focus for ourselves for now.
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November 20, 2017, 07:37:15 AM
personally, i think it is because most people do not understand how cryptocurrencies work
I could say that the reason why people against bitcoin because of their previous experiences and different beliefs. I think once in their life, they already been scammed that's why they don't trust anymore about this kind of investment. Moreover, maybe they try to use bitcoin and lost their coins because of hacker. On the other hand, learning and having enough knowledge can change your belief and not to be against anymore.
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November 20, 2017, 07:23:58 AM
people thaught that crypto currency is not safe if we compare to the hard currency because the hard cash will be in hand and it will be have some safty for it but the online currency cannot be seen or feel
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November 20, 2017, 07:19:45 AM
There are so many people against bitcoin because they know that bitcoin are scam but we all know that bitcoin are not so that we incarage the people known bitcoin that bitcoin are not scam. But we understand the people against bitcoin.
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November 20, 2017, 07:09:49 AM
Most people that are against bitcoin do not want to take time and study the concept, But some understand but do not want the general public to know the concept of money, they still want people to believe in our old traditional way of how money works.
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November 20, 2017, 06:41:05 AM
Yes because they dont believe that your money will get times 4 or 10 the value will have
Or maybe they are from old school of thoughts or living g in such an area where there is less awareness about technology. I am sure these people are from underdeveloped or developing states otherwise all those people  who are related to technology in one way or an another are not in favor of abandoning bitcoin for any reason since bitcoin is having extreme potential of making them rich in short time.
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November 20, 2017, 05:42:47 AM
personally, i think it is because most people do not understand how cryptocurrencies work
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November 20, 2017, 04:13:07 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?


People usually against the things they don't fully understand like bitcoins. Bitcoins does in fact seem like scam because you have to give money on things you don't see,  like stocks. That's why people really doubt and resent bitcoins. People are afraid of what they don't see and hold.
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November 20, 2017, 04:12:16 AM
Because they do not know bitcoin, they think that bitcoin is a bubble and that bitcoin will one day break up. Bitcoin has some disadvantages. Bitcoin is anonymous. Bitcoin is used by criminals. The government can not track criminals. So people hate bitcoin. Smiley
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November 20, 2017, 04:09:07 AM
I think its more on the government they are all against in bitcoin because they don't want it to change their own currency they made I mean if the bitcoin'so popularity grows better than their own currency it can do bad for them.
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November 20, 2017, 03:59:28 AM
personally, i think it is because most people do not understand how cryptocurrencies work
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November 20, 2017, 03:58:50 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 that many people are against bitcoin is because they dont really know what is bitcoin. How does it work, how do you gain money , what is its purpose and why is it built. Other reason is that they are against cryptocurrency thats why they think of bitcoin as waste or trash. I think that are the only reasons why they hate bitcoin, they dont know much about it and some have trust issues when it comes to the security of their money.
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November 20, 2017, 03:57:26 AM
Only a handful of countries and Banks now seem to oppose it,as bitcoin threatens their status
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November 20, 2017, 03:52:53 AM
How do you know that there are still many people against bitcoin? I believe now bitcoin is widely accepted by more and more people.
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November 20, 2017, 03:42:50 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?


Hi there jonathan6655321! I think what you are pointing about is the appreciation of people regarding bitcoins is low. In my few years’ experience talking to people about bitcoin and cryptocurrency, no one tell me they want it to shut down. Although there are times, they won’t believe what bitcoin could do to improve lives of the community. Even government question the credibility of the blockchain system, but I think what they aim is to protect the community against the fraudulent company that sprouts and taking advantage of the anonymity of bitcoin holders. And the fact that you are saying “wrong hands” is quite true which lessen their trust to the cryptocurrency.  Wink
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November 20, 2017, 03:38:46 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 some of the people doesn't care or against to the bitcoin is because they don't have knowledge about bitcoin. They should become aware to what is the really purpose of the bitcoin.
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November 20, 2017, 03:34:50 AM
There are different reason's for people to hate bitcoins, Like they lost they profit in trading or some ico's did not pay the correct amount of price that they deserve. There are different ways to hate bitcoins but it does not matter to those who truly believe that there is a future in this coins.
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November 20, 2017, 03:31:49 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?


Most of them don't  trust cryptocurrency because they feel unsecured with the money they cannot hold physically. The media also play a critical role here with the several scamming stories are found across the internet. Some of them are very arrogant that they seemed to be jealous of the potential that bitcoin brought in the current market.
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