Why are so many people against bitcoin? - page 141.

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.

many peoples think that BTC is a fake currency thats why some peoples are against BTC.

stomachgrowls

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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?

Those people who are against on bitcoin are those people who are blinded by media or informations made by other people which do really give them first impressions because mostly people do mention on the negative side of bitcoin but if they would really took it deeply and try to understand its positive aspects for sure they would really change their minds.

sheldonnnn

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Many people do not understand what Bitcoin is and how it works. Many frighten because of it's instability and unpredictability. The government does not like Bitcoin because it is difficult to control it and receive taxes.

celebrated

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Bitcoin is considered as a threat to some international companies and even some countries. It is something that will change the world economy soon and not everybody agree with that. Even some countries are trying to keep bitcoin away from their people by illegalizing it. In my personal point of view, China did ban bitcoin because the goverment can't aford loosing many workers in the industry to become a part of bitcoin community. Money that a chinese ordinary citizen can make out of bitcoin is more than his salary at a factory, which will make them leave their jobs and that's not accepted because China is an industrial country since that they have no natural ressources.
I believe all the attempts of trying to stop bitcoin from spreading wider around the world will fail as it is considered now as an international currency.

yrtrnc

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Quote from: AmXProX on October 16, 2017, 10:55:50 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?

They are not against bitcoin they just don't believe it for now. those people will regret in the future.

Yes, I do so, too. However, bitcoin and blockchain are two different things; nevertheless, bitcoin potentially will rise in price much more than many people expect at present.

kutongcoin

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Lack of knowledge about Bitcoin,one of the reason why some people against Bitcoin.They really don't know the value of it and how it will help them.Other think it is a scam and illegal.We don't have the right to force them to join Bitcoin,it's their decision if they are willing to join.

supandi wiharja

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Earn crypto for being contacted

I assume that people who fight or do not believe in bitcoin, only people who do not know more about bitcoin but can already conclude that the bitcoin is negative.
They just think that bitcoin is mostly used for crime and only see bitcoin from the negative side, without them realizing that bitcoin has many benefits.

AmXProX

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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 not against bitcoin they just don't believe it for now. those people will regret in the future.

Yadstiker

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Quote from: brainape on October 16, 2017, 08:20:21 AM

Quote from: DoublerHunter on October 16, 2017, 03:36:45 AM

There are so many people that are against bitcoin because they think that bitcoin is not a good currency and it is just take people's money because the price can moves down faster than the usual speed of a market and that is why the people are not interested in bitcoin but if they will get oriented about bitcoin then they can easily understand and clear their confusion and misunderstandings.

Yes you are right those people who hate bitcoin are present everywhere and also lovers but those people those people who hate bitcoin only heard negative about bitcoin and the reason is the price of bitcoin, they think bitcoin is a wastage of time that’s why they don’t invest and like bitcoin and when will they know the advantages of bitcoin is life and uses then they will get their world again.

Maybe they have been traumatized because of that experience, and doesn't want other people would do the same mistake all over again. I wal also wondering that maybe they see it as an illegal due to the news and issues about bitcoin that scares them to invest and believe, or they see it as a rival against fiat, while they have been told not to put money or heard that it has been banned by the government by some other countries.

Denamen

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Chainjoes.com

I think they who against bitcoin just tell a lie. Look the case of JPMorgan CEO Jamie Dimon, He said the bad thing about Bitcoin. But the truth is that he invested Bitcoin after the price down to get profit. He's just a scammer. Angry

Dell.India

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It's because of fake news in internet and also they are not aware of real fact of bitcoin/block chain. So they are getting afraid of scam. But its not like that. Those who are all against bitcoin, they are missing the huge opportunity of their life. If we share the advantages of bitcoin they might change their mind.

hunterkrypto

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because many of them are unaware and afraid to invest because the bitcoin price is quite high or expensive

doch

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Quote from: im posible on October 16, 2017, 04:17:31 AM

I think they are not against but they just have not understood, their mindset is not yet open to change and and less able to take advantage of opportunities. Like my own experience that initially hesitated and did not believe there was a kind of criptocurrency system that could eventually make money, but after learning (now I'm still in the learning phase) and trying to understand the flow now I feel this system makes more sense and has a big chance in the future to facilitate human transactions.

Yes I know there are a lot of people who hate bitcoin a lot and don’t want to invest in bitcoin because they don’t believe and don’t know the value of bitcoin is present time, when they realize it I know they will feel bad for this act they do and I am sure one day they will apologize to their acts against bitcoin because is only able for good people not bad.

brainape

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Quote from: DoublerHunter on October 16, 2017, 03:36:45 AM

There are so many people that are against bitcoin because they think that bitcoin is not a good currency and it is just take people's money because the price can moves down faster than the usual speed of a market and that is why the people are not interested in bitcoin but if they will get oriented about bitcoin then they can easily understand and clear their confusion and misunderstandings.

Yes you are right those people who hate bitcoin are present everywhere and also lovers but those people those people who hate bitcoin only heard negative about bitcoin and the reason is the price of bitcoin, they think bitcoin is a wastage of time that’s why they don’t invest and like bitcoin and when will they know the advantages of bitcoin is life and uses then they will get their world again.

jc89

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Maybe those people are againts btc because they are afraid of it. I think some of them are the elites who have seen how btc made new millionaires just by owning hundreds or thousands of btc earlier for a lower price. They are bunch of insecures because they didn't believe it at first and they just went on working their ass to stay in power while new millionaires just purchased coins and became millionaires in just a matter of time. We know that insecurity is the cause of hatred and that's how I see them people who hate bitcoin.

Peashooter

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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?

Most of them are the arrogant ones that doesn't really know anything about bitcoin aside from what they hear in the news. They often say bad things about bitcoins because they are jealous to the high profit you can get from investing on it. I think they don't see bitcoins as a form of investment. They are afraid that bitcoins will cause something great, and they are not part of it.

fabioganga

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A lot of people are just scared about changes....

noel watson

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When I told my brother that I was thinking of investing in Bitcoin, not just for it's asset value but also for it's ethical value for the whole World, he told me to 'avoid it like the plague!'

He said not many people understand anything about bitcoin and I should never even consider investing my hard earned money in something that could collapse to zero at any time.

I mentioned Bitcoin to my optician last week. He said that Bitcoin was just nothing but numbers so how could it have any value. My Uncle who has been investing in stocks and shares for decades said the same.

I have listened to hundreds of hours of bitcoin videos and podcasts over the past few months and very few of these have negative content.

Apart from bitcoin all of my investments are in real estate. I recognize that the graphs for real estate draw comparisons with those of bitcoin in that the trend is always upwards.

Both real estate and bitcoin have scarcity value and ever-increasing levels of demand.

So many people are risk averse that they wait until everyone is piling into the party and by that time the bubble bursts and the party is over, or at least until the values are reset and another bubble can emerge.

johan36

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I think only a few people against bitcoin , maybe some of them who are in financial institution , they can't control bitcoin because bitcoin is decentralization.

DimaS1574

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For example my mother in low told me that bitcoin is a fake and againts my interest in bitcoin, she told that free cheese only in a mousetrap, but she doesnt mind that i spend several hours every day for cryptocurrency

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