Why are so many people against bitcoin? - page 128.

Jombrangs

sr. member

Activity: 630

Merit: 258

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?

because they dont know about bitcoin and some one tell them bitcoin is a big scam so they want to get involve about bitcoin

Redanim

newbie

Activity: 56

Merit: 0

Many people are afraid mess with bitcoin because of dirty money. People want working and receive official recognized currencies. And as many who do not want to work with bitcoins because of its course, at any time you can lose all your funds which are not protected from risk of losing everything.

nikjain422

member

Activity: 126

Merit: 10

So many people are against bitcoin because it is totally new for them and hard to believe.Though their reasons are different like some are afraid taking risk of their investment or some have fear of bitcoin taking over their own currencies but main topic is it is new to them and they are not ready to digest now.

suzanne5223

hero member

Activity: 2660

Merit: 651

Want top-notch marketing for your project, Hire me

Quote from: aimata27 on November 12, 2017, 09:35:17 AM

I guess the only reason why there are some people who are against bitcoin is their own ignorance. They have no idea what digital currency means. They are lacking some information about how useful the bitcoins are. Maybe try lecturing those people about bitcoin will help them understand how it works and be useful for them on the future.

Well, is not every body that is against bitcoin are against it out of ignorance because some people are against bitcoin simply because instead of them to benefit from the bitcoin network, they are loosing their investment and they hate the fact that bitcoin is helping the common man. An example is JP Morgan boss.

Rakibislam

newbie

Activity: 26

Merit: 0

A good question, I think many hate bitcoin because they can not know its potential. Else some people don't believe it.
Or their country not allowed bitcoin, just that. Because of that reason, I don't thing so they against bitcoin.

Christian13

full member

Activity: 227

Merit: 100

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?

There are many reasons why some people are against in bitcoin. I think the first reason why they against is they think that it is scam even though it is not a scam. Bitcoin is a good investment and it is not scam. Lastly, I think one of the reason is they do not know how to used it or they do not how it works.

Skieleton

sr. member

Activity: 686

Merit: 282

Quote from: hieuho381 on November 12, 2017, 11:22:45 AM

I also have a few neighbors who oppose bitcoin and invest a lot in altcoin. Perhaps they were afraid of the tremendous value of bitcoin, so they invested in the altcoin ... I can only think so, any other reason?

Strange. They are safe, alternative coins but they will never be so sure as BTC. Why people are against BTC because they do not understand what it is.

Caelanpelley

sr. member

Activity: 602

Merit: 250

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.

It is customized to each person , depending on the way they think and receiving information from others as to how , and how to understand them . We cannot give specific reason why .

Kolly

member

Activity: 208

Merit: 10

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?

Because of the ignorance they dont know how the goodness of bitcoin brings to their life.

anelenaniku

full member

Activity: 136

Merit: 100

Because isn't obvious? Bitcoin is controlled by few miners and at the moment these miners have short the whole thing.

kumar jabodah

full member

Activity: 532

Merit: 106

I'm sure they're not really totally against. Maybe because they say bad things are because they invest in it and Bitcoins crash down. So they were forced to sell it to cut their losses. Maybe they are just beginners who just heard bitcoins invested already. It's hard to just start with so you should think carefully about the work for the latter not to blame a friend

MarioLuck990

full member

Activity: 157

Merit: 100

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?

Let me explain to you why I'm not a fan of Bitcoin.
And not a fan because is nothing of what you listen it is true, bitcoin is not Decentralized , and has zero real value, BTC is only burned fiat money.

Well if you are shocked let me explain you why what I said is true.
First , Bitcoin is controlled now by few miner farms, at the moment I write this post, they stop mining btc and people can not do any transactions with it.
So the first myth that BTC is decentralized is down.
BTC doesn't not store any value, BTC is a useless, 100% USELESS database. The only thing that keep track is the transactions that take place and adds every time the cost of mining.
What miners do? They burn huge amounts of electricity to their super high cost machines just to find a sha256 to create the next block...
What really people buy when buy BTC is burned fiat money.

If you really want innovation , thing Ethereum, NEO and projects that do something, not just non sense transactions.

hieuho381

full member

Activity: 504

Merit: 105

I also have a few neighbors who oppose bitcoin and invest a lot in altcoin. Perhaps they were afraid of the tremendous value of bitcoin, so they invested in the altcoin ... I can only think so, any other reason?

yanlap

hero member

Activity: 672

Merit: 500

Quote from: Mersterious on November 12, 2017, 04:29:32 AM

Yes because they dont believe that your money will get times 4 or 10 the value will have

Yeah you are right the crypto currency is now being famous and it is being use by some bad deeds as well but it is not the main reason because the bitcoin will increase in the future and the people will see how fast the bitcoin will get in the value and the process of the bitcoin will be high, well not only the bitcoin but a lot of the other currencies are being use and the this is the fault of the investor but not of the bitcoin at all.

aimata27

member

Activity: 531

Merit: 10

I guess the only reason why there are some people who are against bitcoin is their own ignorance. They have no idea what digital currency means. They are lacking some information about how useful the bitcoins are. Maybe try lecturing those people about bitcoin will help them understand how it works and be useful for them on the future.

Faith Joy

full member

Activity: 140

Merit: 100

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.

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

olegna17

full member

Activity: 420

Merit: 100

I think people are against Bitcoin because of the information they know about it. People think that this is networking and scam, that they don't get anything from it.

racham02

full member

Activity: 257

Merit: 100

For me i think they are few people against bitcoin or do not believe in bitcoin because they don't trusted bitcoin or else lock information about bitcoin, they might be not knowing the benefits in bitcoin and the profit. And some people also think that bitcoin is a scammed or fraud.

adjudicator

full member

Activity: 281

Merit: 100

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?

You are correct, change is one of the scariest thing in the world but I think there is much deeper explanation why they against it like they are not a techy person or they have a personal issue on it.

Lodipetmalu

member

Activity: 252

Merit: 10

Many still against bitcoin because they know yet what is bitcoin or They are the people who are negative in thinking about investment in bitcoin

Topic: Why are so many people against bitcoin? - page 128. (Read 19333 times)