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Topic: Why are so many people against bitcoin? - page 119. (Read 19333 times)

full member
Activity: 276
Merit: 100
November 19, 2017, 07:21:47 PM
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?

The thing that they are afraid of is that, they thought of it as a scam or something that is governized by terrorists. But they are wrong. They can't take the risk of earning because they are afraid of something new. They are afraid of technology-driven money.
member
Activity: 136
Merit: 10
November 19, 2017, 07:14:48 PM
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 why many people against bitcoin because they think bitcoin is not legit it's a scam cause there are no clear information about this.They are scared that in the future, there will be no people who will do the labor but instead there are many people who are earning money through bitcoin .Bitcoin for them is a threat to industrial economy. People who are against in bitcoin are those people who are scared in things that bitcoin carrying.
member
Activity: 101
Merit: 10
November 19, 2017, 06:55:26 PM
Because they have this 'wrong' advocacy in their minds. They have been basically brainwashed, believing to those things that are opposed to Bitcoin. Like for instance, they believe that Bitcoin can be hacked, but in truth the one being hacked are people. And another thing is about, it is a scammed, I remember a documentary that has been televised, and said that Bitcoin is a scam.
full member
Activity: 140
Merit: 100
November 19, 2017, 06:42:30 PM
Because Bitcoin is invisible and the price is high, it makes many laymen fight and do not believe in Bitcoin. Or they just use their chirps to drop Bitcoin prices and buy Bitcoin at cheap prices. Many possibilities in Crypto world.
hero member
Activity: 826
Merit: 501
November 19, 2017, 06:41:41 PM
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.
Peoole thinking about the risk when it comes on using new thing is not acceptable on the poi t that it is not a good thing to think against a particular think without even trying to learn the system of Bitcoins n in terms of transaction , investments or in trading that could possibly give them an opportunity to earn and to have a good profit.
legendary
Activity: 1120
Merit: 1000
November 19, 2017, 06:38:11 PM
by having a lack of knowledge and lack of interest or maybe they loose their profit in investing some of the ICO, i wonder if theirs a people who doesn't have a profit in bitcoin because if you hold your coins before you will have a profit now unless you use it, they always find where is the proof or something before they believe bitcoin exist.
i do not think that many people are against the bitcoin, i think they may only a few because they do not have any reason to hate bitcoin or to become against it. in fact they have lack of information which make they to think against bitcoin, but i am sure that if they will get good information about bitcoin they will certainly change their mentality, and will start taking interest in bitcoin for sure.
member
Activity: 350
Merit: 10
November 19, 2017, 05:54:29 PM
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?

Due to the lack of information, a lot of people sees Bitcoin as a scam. Which is why they tend to go against it. So many are just paranoid with things they don’t understand and lead them into thinking it is something negative.
newbie
Activity: 56
Merit: 0
November 19, 2017, 05:53:36 PM
First of all bitcoin have  no Rulls,  no tax, no vat. Without Tax
 transaction is not legal.  So Many country Announced "Bitcoin is illegal".
full member
Activity: 322
Merit: 100
November 19, 2017, 05:51:23 PM
by having a lack of knowledge and lack of interest or maybe they loose their profit in investing some of the ICO, i wonder if theirs a people who doesn't have a profit in bitcoin because if you hold your coins before you will have a profit now unless you use it, they always find where is the proof or something before they believe bitcoin exist.
sr. member
Activity: 490
Merit: 250
November 19, 2017, 05:51:11 PM
In my part, I guess this is due to unbeleieving feature of this, and also maybe they were a victim.of a scam or failing project of bitcoin that turns them to hatr bitcoin at all. Also like those coin creator some were developers that creates coin and hate btc bevause it is there great competiitor.
sr. member
Activity: 281
Merit: 250
November 19, 2017, 05:48:05 PM
I think because they don't believe that the bitcoin price could increase rapidly in jusy short period of time! If you are more in stocks , mutual fund and the likes you will most probably don't believe the interest that bitcoin gains and accuse it as some sort of fraud
full member
Activity: 560
Merit: 100
November 19, 2017, 05:44:07 PM
Many people didnt know what is bitcoin and the others is against of it because they lack of knowledge about cryptocurrencies  and trust this  business .But if we have the idea about bitcoin we can share to other people that this kind of business is safe and trusted .
legendary
Activity: 1526
Merit: 1001
November 19, 2017, 05:43:07 PM
You must be a shill of the fiat system because privately I have never heard that many people are against crypto currencies. Where is the proof of your claim? It is common knowledge that most people have enough from high taxes and fees enforced by governments and are looking for alternatives!
Same with what I experienced. Perhaps only the government is cautious enough when it comes to regulating the bitcoin regulations, but I'm sure the people in the government personally keep using bitcoin. They actually believe and invest in bitcoin. It's just that institutionally it is not possible, there must be a very complex study so that everything can run smoothly and not harm some parties, including citizens of a country that will be affected when bitcoin prices decreased.
member
Activity: 235
Merit: 16
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November 19, 2017, 05:37:17 PM
I'm guessing that these people are not really against bitcoin, I think they just don't find it interesting yet.
newbie
Activity: 4
Merit: 0
November 19, 2017, 04:08:16 PM
There are many reasons, myself at the begining I did not welcom very well the initiative because I like virtuality but not everything in virtual
newbie
Activity: 48
Merit: 0
November 19, 2017, 04:02:37 PM
They are simply against bitcoin because they lack knowledge about it. And I dont think that there were lot of them, people who actually against it are those who were left behind or those who just knew about it. If someone is not into bitcoin he will not loss anything, but anyone who is into bitcoin he gain everything. There is no reason to be against with bitcoin, the only reason would be personal interest or a group interest that might possibly bitcoin becomes a threat to them.
member
Activity: 294
Merit: 10
November 19, 2017, 03:58:34 PM
There might be many a reasons for every individual person.
For existing users, It is based on their individual person experience and how they dealing with the bitcoin transactions where they may invest in some ponzi sites and may loss their money and they may turn against bitcoin.
For new users, there may be a fear of loosing money and even they may be even worried thinking about hackers doing something over internet.
I believe its all based on their understanding about the bitcoin, they need to make analysis about bitcoin, understand it.
There might be even bankers who are against bitcoin reason behind fiat helps bankers for making profits but not with our crypto bitcoin.
These might be the few reasons that people might be against bitcoin.
sr. member
Activity: 392
Merit: 250
November 19, 2017, 03:32:59 PM
I guess a lot of people heard about it some time ago but ignored it and are now kicking themselves; they want it to fail because it validates their decision not to get involved.
full member
Activity: 327
Merit: 100
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November 19, 2017, 03:30:42 PM
The media is very deformed in presenting information to the masses. Most people consider this an ordinary pyramid)
newbie
Activity: 13
Merit: 0
November 16, 2017, 01:35:53 PM
Let me tell you something!! No one hates money, bitcoin is money, the ones who hate bitcoin are banks and goverments. No because of the fact bitcoins are unidentified, just because they don't have it.

An example of this is one announcement of JP Morgan time ago that stated bitcoins were unreliable and used for criminals. The fact is they bought bitcoins after the announcement, the bank wanted 2 things, to scare people to sell bitcoins and to drop bitcoins price to have them cheaper.
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