Why are so many people against bitcoin? - page 138.

khanjan12

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Quote from: SoulBargain on October 15, 2017, 07:04:10 AM

Quote from: talkbitcoin on October 15, 2017, 05:58:53 AM

many of those "many people" you see are not against bitcoin. they are actually heavily invested in it but they pretend otherwise. someone who is spreading FUD in 99% of the times wants the price to drop so he can either short bitcoin or because he has some buy orders placed ahead of time at certain low prices.

i honestly can not think of anybody who does not benefit from bitcoin! even banks that some people say are against bitcoin or bitcoin is against them are happy about bitcoin. not only bitcoin introduced blockchain technology to them to improve their business but also it has opened up new ways for banks to make money. banks are in fact making a lot of money because of bitcoin, all these traders are using banks to handle their money transfers and there are lots of them Cheesy

Well that's one kind of people. There are others who don't since they are afraid to try new things especially the old ones nowadays since the impact of the news they heard in TV.

peoples are against BTC becuase of its high rates some people can not buy BTCs and also china banned BTC in their country for some time thats why some people are against BTC.

francesyrus

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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?

They are against bitcoin because they didn't have any knowledge in cryptocurrency. They don't believe that they can convert bitcoin into real money.

And also because they heard wrong news about bitcoin especially to those who got scams by HYIP site or investment site.

denny27

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Maybe they still do not really know / understand what all the advantages of bitcoin and more see of disadvantages side than the advantages of bitcoin till become negative impression for them. People like that of course still tend to feel a high sense of doubt about bitcoin which in facts is beneficial and can encourage a finance. But I'm sure little by little.. people who hate / against to bitcoin will be reduced as by goes time.

Smith871

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Actually the people are not that much familiar with benefits of having bitcoin they think that any sort of misfortune can happened and our money will be loss which is not the actually case its a trusted money evry one who can understand its worth have invested a lot in it.

yojodojo21

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In my own opinion why people are against bitcoin because, Bitcoin is tax Free. you can transact everytime you want with lesser fess than Bank. it has so many Papers that you have to sign in, and most of all. you can see the history and transaction of bitcoins.
Many politicians or greedy people are against bitcoin because they cannot earn from it without stealing it.

n691309

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Quote from: faceoff97 on October 15, 2017, 11:13:14 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.

Yes there are several peoples who start spreading false news about any thing if they don't understand the importance behind it. Bitcoins are complex to understand but once you get them you can earn a good profit. Bitcoins too are not easy to understand.

There are two sides about bitcoins. One is legal and the another is illegal. It totally depends on you that which side you choose. We all know the benefits of bitcoins and the profits behind it. Rather then trusting these rumors it is good to continue having profits legally in bitcoins.

kuyaJ

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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?

I want to know why some country banned bitcoin in their country? I believe that it can help to their own country, but why? I didnt know, it because by their country is rich so they not need bitcoin?

SonicDoom

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It is because they don't fully understand bitcoin. Although many of people are using it and earning some money.

Joyceshiroor

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Mainly because it involves the risk of security which means alot to some kind of people

Fakyaboy

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Honestly,many people against in bitcoin simply because of money and easy way to earn money.I know that as a user of bitcoin we get money on bitcoin in easy way.According to my friend he give me an advice to how to earn a lot of btc or money.

shimbark123

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These are the people that doesn't want to experience the change we are having. These are the people who are sad because they envy us of having knowledge about the cryptocurrency we are studying.

jonval21

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because many people still dont understand bitcoin, people dont know how fiat money is created. if they look for information about bitcoin and how banks works and understand the differences, they will start to use bitcoin.

sammiko

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people who fight bitcoin may be those who have not fully understood the bitcoin that can make a profit, sometimes there are still many people who do not understand bitcoin as gambling even as a fraud is harmful, and some are against it because they already feel left behind the price of bitcoin at this time and expect bitcoin prices to come back down for them to buy, once they buy them turn around the price of bitcoin rises as high, maybe that's one of their ideas. Grin Grin Grin

chickenado

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Quote from: djgtr on October 17, 2017, 02:31:32 AM

Quote from: iamlds08 on October 17, 2017, 01:12:21 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?

beacuse bitcoin will destroy the current centralized banking system that only the oligarchs wins.
bitcoin is decentralized meaning the peoples money will not give a damn to the banks that incurred unncessary fees that ordinary people pays.

well i think they are the people who was poison on the word scam and they are now afraid of trying new thing that can really change thier life in a moment.i believe that they are now negative in all kind of transaction that is done through internet.maybe people will realise someday that bitcoin is not really a networking that we have to build a neywork in order to gain from the refferal.bitcoin is an investment a work an opportunity.

I think half and half of people are against but some are nust confused about bitcoin. Maybe they are against because they don't know how to deal with it right there. On the other hand,confused because how and where does the money come from. In addition,others are against due to scam that is happening mostly from the internet or even fake advertisements that turned into a general information including bitcoin or they think as a whole thing or maybe they already experienced one time and don't want to try another experience but they are not sure if it works on them or they'll end up the same thing.

jimn

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There is so many people against Bitcoin, because there is a lot of rumors and fake news about this crypto currencies , especially in social media platforms. Many people can't easily find the right infos. Also there is some people have real doubts about the volatility of BTC's price

Zandra

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As far as i know the most against in bitcoin is bank, maybe the reason is if many people use bitcoin they don't get any charge. That's the only reason i see.

CoffeeForMe

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Many people are agains't bitcoin because they don't believe that they can get a lot of money in easy way. Because of that they don't understand what to do in bitcoin. But also bitcoin have a many supporter's, and they scared because they think bitcoin is a kind of social gambling that catch them when know the police their employed.

jakoylantern

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For me why there are so many people against in bitcoin, because they can’t understand what is bitcoin. They don’t know the benefits of bitcoin, what can bitcoin do to our economy and what can bitcoin to help them in their financial problems. They just want to earn a lot of money without doing anything.

Rakibislam

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I think alot of people haven't taken the time to understand what it is.They don't understand the true meaning and value of bitcoin.

Monnt

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Quote from: knowcrypto on October 15, 2017, 11:18:29 PM

Plain and simple, everyone is afraid of what they don't know.
And most people don't know what Cryptocurrency is.
All they hear is the media spout that Crypto is just used for bad things on the internet.
Whereas 99% of Crypto is not used in any negative way.

That's like saying USD is bad because some guy bought drugs with it once.

Yes but it is a illegal thing and bitcoins are been used there as a mean of payment as bitcoins are anonymous currency and can't be easily tracked by the government. Bitcoins are the best option to earn a good profit but these days also there were some rumors about the cryptos and they were simply spoiling their importance.

Media plays an vital role in spreading any news then it may be good news release bad news. Bitcoins surely have some drawbacks but they also have most of the benefits and helps a lot in earning a good amount of money online by spending some time online with a good knowledge and skills.

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