Topic: Why are so many people against bitcoin? - page 20. (Read 19343 times)
People against bitcoin is because they misunderstanding of bitcoin. Bitcoin can use wisely but also can use for crime or fraud. Thus many people notice only the bad news and with the first bad impression, people started to against bitcoin. But i think with the more advance technology that bitcoin have which is blockchain, or the ledger, people will able to trace the flow. So i think actually there is no a need to against bitcoin.
Bitcoin is digital form of currency that’s why most of the people do not believe on this. Therefore some people are not connected with this so because of this issue they are against of bitcoin. Most of the people are illiterate in the world they are also discouraging by these people.
Because they do not know how to get bitcoin and source of bitcoin coming from, it's a waste of time for them in finding bitcoin
I believe they don't understand what bitcoin is all about so they don't know the value.
Many people do not know about this bitcoin. Many people who know those little people have light ideas, bitcoin this They do this bitcoin's work that can be used to make money out of their thoughts. Again many people do not think that this online work is safe, so many people are against this bitcoin, they have to follow the rule of different countries and I think those whose thoughts are such that their brain is too much small
Lack of Awareness & Understanding , we should need to be educated first on Bitcoin so that we can help the customers understand what bitcoin really is, thats why some people against bitcoin because they don't really understand it properly , the negative mind is the one reason why they are afraid of investing in it .
One reason people are against bitcoin is that it is highly the risk of security. They don't feel secure on when will it continue or vanish. For some they are still clueless of what is Bitcoin and definitely unknown to them. 
They are worried about bitcoin development, they do everything like paying news to tell negative things from bitcoin, but I'm happy because bitcoin users are very solid and not affected by these negative issues.
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The payment unit or currency of the system was "bitcoin". It was stored on special resources - electronic bitcoin-purses, which you could replenish and use it at your discretion.
There are now a lot of high tech criminals. They are easy to steal your account and withdraw your money easily. Bitcoin is not recognized by Vietnamese law, so when you lose money you are fully responsible. There are no authorities to help you so many people are afraid of BTC.
Because they dont fully understand the word cryptocurrency, and lack of idea on how to earn a bitcoin, how to invest and how bitcoin is exchange in to cash.
There are many people who do not like bitcoins, simply because bitcoins are not profitable and they find no benefit when bitcoin grows.
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 some people are very negative about bitcoin. But if one person will teach them or share him or her knowledge about bitcoin maybe they change their mind and they say bitcoin is true and more potential currency of all time and they think also bitcoin is very big help to all people who used bitcoin.
Many people do not like bitcoin and they fight it, they fear change and they do not like something new, they worry that bitcoin will make their lives change.
maybe they fight bitcoin after they see. if the bitcoin is a high exchange rate so many people are interested in collecting bitcoins. moreover there are already some countries that recognize accept if bitcoin may be used as a transaction tool .
they may have deliberately posed a negative issue to bitcoin. because they want to buy bitcoin at a cheap price and sell bitcoin with a high price. certainly after they have eliminated the issue
they may have deliberately posed a negative issue to bitcoin. because they want to buy bitcoin at a cheap price and sell bitcoin with a high price. certainly after they have eliminated the issue
Why do many people fight btcoin, because they do not like bitcoin and some are fighting with spreading false news to drop bitcoin prices in the market so they can buy bitcoin at a price that is not too expensive.
If you lose your money in businesses you'll start hating it. Those people who hate bitcoin their story with crypto currencies is same as i describe. You put your hard investment and you lose, you become panic and start blaming to market. They're uneducated and not well informative people.
This is facilitated by several factors, one of which is how to prevent centralization of the bitcoin network, as this would make the crypto currency more vulnerable to cyber attack or fraudulent activity. Now the network is decentralized, as it is run by the miners - numerous people and enterprises that produce new bitcoins and support the system. Their work is paid for through fees for the creation of blocks and commissions for transactions, and this represents almost all of their income. Over time, the amount of rewards will decrease, and this means that if commissions for transactions do not increase, the miners will cease to make a profit and begin to log out of the system. If they become smaller, the system will become more centralized, therefore, more vulnerable. In addition, the centralization of the network will allow one malicious person or a group of such people, controlling a significant proportion of existing bitcoins, to bring down the market.
Change is scary for a lot of people. Especially when it comes to a whole financial system. It's the unknown that freaks them out. Bitcoin will slowly but surely become the dominant crypto used by people everyday. Just takes time.
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