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Topic: Why are so many people against bitcoin? - page 124. (Read 19333 times)

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November 14, 2017, 09:45:50 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?


It is just they are too afraid to go outside their shells.  They are afraid to trt soemthing new.  We cannot blame them but if you will see that there are many people who invest in bitcoin and that many earned.  Then we can say that it is true, bitcoin is real and not a scam. 
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November 14, 2017, 09:40:50 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?


Probably jealous that they can’t afford to get in now or as far as governments go they’ll just ne scared because they have no real control over it.

I think they are the less informed and have little knowledge at their best or at worst, they don't have knowledge at all. Their pride could also be the culprit of not letting themselves learn the reality of good news the bitcoin brings.
They just totally missed this so called "life-changing" opportunity that's already knocking on their doors.
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November 14, 2017, 09:40:21 AM
Many people are jealous of Bitcoin due to their ignorance or the success of its traders. But they will learn to use it or know about its benefits that they will not oppose it on that day.
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November 14, 2017, 09:35:02 AM
It is simply because they think Bitcoin is a scam. Therefore, they are not properly educated about Bitcoin. They judged Bitcoin just because a lot of money is involved with it. They are scared. The other reason why they hate Bitcoin is that, they cannot adopt with the technology behind Bitcoin.
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November 14, 2017, 09:13:05 AM
I think that they have bought bitcoins at high rates and had heavy losses so maybe that's they are against bitcoins or maybe they are just naive as they doesnt understands bitcoins.But i don't think so that there are any people against bitcoins as i don't know what is there to be against bitcoins.Or maybe they have missed the opportunity when prices were low and now is envy of people who have earned lots of profits.
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November 14, 2017, 09:02:26 AM
It's a lack of understanding and the constant negative press.
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November 14, 2017, 08:59:06 AM
Conservatism plays a large part in people's disbelief
We also have big names in the economy, like J.P. Morgan and other perverse entities who are fighting to keep the money centralized.
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November 14, 2017, 08:55:58 AM
Their journey here is not good so they against in bitcoin or they not need bitcoin,I think bitcoin is everything as a digital money so if they against here the reason is they not know already what is bitcoin.Think if you not know or your against in bitcoin you cannot earn and you dont have a good past time
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November 14, 2017, 08:39:22 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 never heard and knew  that there are many people who are angry with bitcoin.  In case this is true, they are all naive and do not understand what it is because they do not atleast put some time to understand it.  They are maybe afraid and have no understanding to bitcoin.  They are against because they are envy.  That is all.
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November 14, 2017, 08:34:15 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 a lot of people are using bitcoin because the currency is hard to forge free of income tax and its value is very high compared to currency in my country, for bitcoin problem falling into the hands of irresponsible person I think it may happen because bitcoin in my country have not have power law
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November 14, 2017, 08:09:16 AM
I think it is just because they lack information about what is the true potential of bitcoin. They were blinded by their beliefs that it will be just another investment that may collapse in the near fuure. They just treat this as a fraud and do not respect it as a currency. Many were avoiding this maybe because they were burnt out with their past investment. They were overwhelmed by its price which in really a surprise to anyone who will know it in first hand. They just need to be open minded and embrace new opportunities. Just try it, know what it can do in our society and what is the technology behind then I guess they will change their mind.
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November 14, 2017, 08:07:58 AM
Every celebrity, no matter how good and famous will surely have haters
Even you have haters I guess Grin
Pretty normal if some people aginst bitcoin, perhaps they had bad experience before which make them to disbelieve bitcoin
newbie
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November 14, 2017, 08:06:48 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 jealous that they can’t afford to get in now or as far as governments go they’ll just ne scared because they have no real control over it.

Yes they seems to jealous that they can't afford to get it and they have no real control over it
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November 14, 2017, 08:05:45 AM
People are against bitcoin because they have not noticed the potential for it. With very little bitcoin remaining, its value will continue to increase in the near future. Consider investing in bitcoin
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November 14, 2017, 08:03:09 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 are scared because of the fact that the bitcoin is powerful and it is anonymous. The innovation also scared that is why they are staying behind. Trade marks and traditon are another factors why some people are afraid of the fact that bitcoin has a potential to change our view about the currency. Some people are afraid because they are just too ignorant to accept the bitcoin.

Not all the people, and not so many. News spinning can make it look like that but actually minority of rich people are against bitcoin because bitcoin can ruin their businesses. Minority because some people from rich class with businesses based on fiat already made connection with bitcoin, and they are ready to accept new things, like always there will be traditional people who will never agree with something new that they don't understand, this people will rather lose everything they have then to advance with time. Let them, young people are into technology more and more, nothing can stop human progress.
sr. member
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November 14, 2017, 08:02:38 AM
So far , all people that ive introduce to bitcoin doesnt have negative feedback and instead of being scared, they thabk me for giving them extra income. But this one is my analyzation, maybe they are afraid on what is bitcoin inside. They are afraid that once they invest money, it has a higher possibility that it is a scam because bitcoin is digital. High income has high risk.
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November 14, 2017, 07:56:23 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 are scared because of the fact that the bitcoin is powerful and it is anonymous. The innovation also scared that is why they are staying behind. Trade marks and traditon are another factors why some people are afraid of the fact that bitcoin has a potential to change our view about the currency. Some people are afraid because they are just too ignorant to accept the bitcoin.
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November 14, 2017, 07:54:59 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'm from a generation long before the internet existed (even before, *gasp* cable tv existed) and I have no problem with Bitcoin obviously.  I love it's innovative nature, the fact that I can "trust" the blockchain and frankly that is more secure to me than the "full faith" of any government backed fiat.

The problem I see, since I have friends / family that are from generations prior to mine is that they grew up with a fiat backed by hard assets, or the "gold standard".  If this were still the case, I'd take a "gold standard" over Bitcoin and see little use for it other than a higher degree of anonymity and hobby interest.  Many of these people that I mention are still under the impression, falsely, that fiats are backed by something other than "faith", my poor Mom was shocked because as intelligent and well-read as she is, she had no idea the US was off the gold standard and when discussing cryptocurrency with her, that was her main argument.  She's simply ignorant, and I mean that in the true definition of it, she's certainly not dumb, about most financial systems and how they work.  The more we have discussed it, the less trusting she is of the banks / Federal Reserve / money manipulators because as she becomes more aware it's obvious there is an issue with "faith" in a currency when that is all there is.

But, the good news is, that she, and people like her, in my effort to explain Bitcoin and it's like to her, have made me educate myself more.  Heck, one day, I might even understand Bitcoin. Tongue
sr. member
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November 14, 2017, 07:52:55 AM
Some people are against bitcoin because they do not understand the potential for bitcoin, or maybe some individuals want to release bad news to lower the price of bitcoin. At the moment, the bitcoin transfer is having problems, which in part disturbs investors' confidence in bitcoin.

Still many people here in my place thinks that bitcoin is scam and a fraud. They believe that decentralization in a monetary system won't work and that it is more safe to trust in traditional centralized financial system that mostly benefits government and top rich people.
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November 14, 2017, 07:42:00 AM
Some people are against bitcoin because they do not understand the potential for bitcoin, or maybe some individuals want to release bad news to lower the price of bitcoin. At the moment, the bitcoin transfer is having problems, which in part disturbs investors' confidence in bitcoin.
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